Evening Star Newspaper, June 14, 1923, Page 29

4 FINANCIAL.® THE EVENING STAR, WASHINGTON, D. C., THURSDAY, JUNE 14, 1923. FINANCIAL. BUSINESS ISGOOD | [ NEW YORK CURB MARKET I FORD BREAKS TWO | Money to Loan |fvic, oo T oan ing fnterest 83d commineion. 2003 Received by Private Wire Direct to The Star Office. MORE CAR RECORDS | Joseph 1. Weller {25, Wegk, 15 & Suee FfiTSfip (&S@@@M 2 HEFFERNAN. vily 1 1zt 1 5 AI.I. UVER BUUNIRY Y LA F. HEPTERNAN. |henglly desls in bif, SIS SNt |Both Daily and Weekly Marks and prices were about where they exchange today speculative interest |stood at the previous close. Passed—Auto No. 7,777,777 \ i Mortgages . ‘ | “Among the gold stocks the favor- M : Tow et o petween oft shares and |y ;s"\Vere 'the ‘Golafleld Issucs, under ! Turned Out. erchants Predict Long = g Issues. the leadership of Goldfield Fiorence, The ofls were under pressure as|Spearhead, which has been the active fEvery well managed busi- ) ness corporation makes al- - part of a general downward movement, | leader on previous days of the week, The & Period of Prosperity. Which inciuded the ofl stocks on thé |continued o ba well taken but with | SPecial Dispatch to The Star. 2 = 2 lowance for Sinking Fund jlock exchange. ~This decline was |little change in price. Zine jetiong DESNOM Juneila-Tha Kord Motor) ) Zi:, . 3 B : sed upon the latest production fig- | however, were inclined to sag further, | Company broke two records this week. | . inanci High Sales Records. ures, put out by the American betre: lowing to the unsatisfactory condl T,,: Sohet stont of ol for the weth whe wiil b Send | 1 arime, and fl‘.c pEieng leum Institute today, showing that out- | tion in the market for the metal, | I For Our List of 5 ! individual should follow suit put of crude, despite the recent price | Amalgamated Lead Zinc declined close | ending Tuesday, was 40.316, an increase who wil pro- | g 7 Y ;i ; . % e reductions and efforts to curtail pipe ! to the $6 level. Indpendence Lead |of 783 over that for the week of May 29, iyt s e i banking something regularly . C. line runs, was still increasing. The | broke sharply for w time but subse-|The company also turned out Jou't yout 7 7~ 3 Y i 2 : Special Dispatel to The Star. active Jeaders of the group were Stand- | quently rallied. Wenden Copper Min- | . I am also o 3 to provide against contin- NEW YORK, June 14«—Merchants [&7d Oil of Indiana, Gulf Oil of Penn-|ing Company capital sharves of $1 par |@nd trucks in one d. interested in 57 I o 1 g - e T actically every |E¥Ivania ‘ana Cities Service, {value were admitted. a former high record ac- | sdvering:. FIRST MORTGAGES geneies. ing busi P y In the mining stocks which were In the industrial section the new !tor output for the w 69 am thoroughly experienced, A ¢ \ Scction of the United States expressed |very active again much was made of | American Locomotive common stock s can furnish excellent refer. We have on land serersl very cholce ik 1 [ Pay Day is the logical time to {tne beliet today that prosperity in [the hardening of the copper metal, |of no par value and Deugine Pestin saoee et whn b comiest witn e ytay, e S0 Tans runnieg - earras v < el Aggrossive concern, as e for tiree years— 2 g > 5 Eaane coantry is booked for a long en- | With sales reported at 15% cents & |no par value capital sharex were re- 8§ and has becn N Cion lters mo Furthar ndvascs i by o rearrange your finances that ey e ot oA imto |Poune.” Monican and’ Fortuna were |moved from trading Sibped to u crank on sevens in Los ik ‘ At 7% Interest # il | el provision will be made for a consumption, they agreed, would pro-| i R e u”-n: ‘-:ffn";:::?:r: b r-.h.t:::n:o‘l | Ready for Dellvery in a Few Days i s £ Bank Account or sinking fund. cord through the third guarter with | NEW YORK. June 14.—Following is N ¥ . -0 Lo : ’ an oficial list of bonds and stocks SHORTAGE OF FARMHANDS. ploArs . | CHAS. D. SAGER 2 f g Our facilities and protection are ©uly & normal lull In the vacation pe- | traded in on the New York Curb Mar- | 5 utilized by 42,000 depositors and Tiod, while In the fall activity sur- | Ket today: y IARRISBURG, June 14.—ore than | \DDRESs BOX 213D, 924 14th M. 36 | T A will give you every satisfaction ¢ . e o i il N "FICE. 1, il il 7 s Dassing even that of the early part of | g, 4, BONDS. | ale in Pe "’ A6 SuTLHeT Mortgages. Loans, Tnvestments. ¢ the year might be expected. | thousands b, Low. Close. 3 Lk 2 t of the shortage of | } We Invite deposits in any amount Department stores and mail order :;L.:? Pack g ‘:«»‘fl,-. ‘m»u % ¢ h;nn"v’l]nrli‘-l;»m 8 wlu'l u'( 'h;'”h" e —pay Uniform Rate of Interest on toan 108t f o oymen o Commissioner D 3 tiouses have a close chéck on the puiss | Al i s R . ke E Royal £~ e ST e D Lo Capital and 511].[)][“ both large and small accounts 1% public and their records Cot Ol 6s .. FY M 5 4 ] of labor and fndustr showed. The 2 Vs : urate barometer of country- Am Sl o ) o Slings oF Awer 4313 A2 |roport covored only Hffx-Ave of the $2,000,000.00 Safe Deposit Boxes at wide conditions. That barometer, ac- bl Mty seven coliities Ui the state, ane Moderate Rentals 1334 -H-ST.NW IO PN P I O % § 1 51 = F 2 B 5 -y £ = o o E} -1 15 a3 < i ST QT TTH T Ansconds 6w ..... 3 s 510 Tige 70 § 2s oy |in these counties there were more 1 v cording: to statements of their execu- | o4 AMI0 Am, O s s @ N than 5.0 Sacunt farms and s | | FARGST MORTGAGE NOTES tives toduy, points to “fair business e e B The total acreage lying idle is OFFICERS: DIRECTORS: onopuli Divida mated at close to 10 y cent of the FOR SA“E ' WILLIAM D. HOOVER President Woodbury Riair Willlam D. Hoover tinue throughout the year at a sub- d V. Pren, am A B Victor Kauftmann stantially bigher rate than in 1 rust Omecr | Wikiam V. Cox " Charles Minshall Monguiiery, Watd & Co. who bes .| Fraokiin H. Eilis Frank W. Stone i e Dl Detrot s iy 6. Trust Oficer | Frederick A. Fenniog William H. Walker Capital “Since the buik of the mail order erul Baser ve sales of the St. Paul branch are held | : 7 b : Pay- 8 able. Record A1 ocuTite barovidtes € the oy I e I cres SRR ey tained husing power I the agricul: | 2o I3 (A, A 10 Jur e eende 4 g ner . ;Gth Oldest C.Sa\Ir{,ré:hDe%o;toqvmk\\Aashmgton tural dis s which business gen- Pa 3e A June 30 ear or. an ew Yorl ve. eraily in the northwest depends.” He : 3. [ Aoal . v 16 e || CITIES SERVICE SECURITIES Mex &1, | s, general manager of oy L o * [Rig Four i i Y Investment Securities Ar'& Co of D weather.” nopali Extens .. = total agricultural acreage of Penn- WOODBURY BLAIR ....1st V. Pres. | Jawes A. Ducharan Reginglq &. Huldekoper barring serious crop failure, accord- | 3 ¢ : d s ; i i Al . SN IN DENOMINATIONS OF i easurcr | . Rosler Dulany. Jr. Edmund D. Rbeem tion. Deiroit Ediaon t 500 DOLLARS ANB UPWARDS DAVID BORNET..Ast. Trist Oicer | 1. Drestott’ Gatiay ™ Henrs K. Wilare k . ; e Million Dollars business comes from outside the i3 DIVIDENDS. On a §20.000,000 vear for the 0 3 e 3 3 % Finess Tunning 60 Y Term o s Bought, Sold, Quoted 1207 “Oonneclicut e 'l of Sears, Roebuck Alme &, O Beaverhoard pe e : o acres fdle. Trade in the northwest will con- & Toaopuh Min ...... 4 sylvani, William A. H. Chureh 4, ing to Theodore Merseles, president of W B. Edmorston Frank Stetson Heavy Buying Power, 9 1 Sugar 6s. National Savings & Trust C D T & 1 S ational davings & Irust Co. year in- the Ken Cop 5] I LR THOS. W. BRAHANY & CO. t Leather 8s ... Roursnt - D aid todayi “Our May business | 3 Xew 'GAn"Set 13 "% 3% Ba% | Carolinn Bk L. I L Teeis 510-11 Evans Building per ahcad of Obio Power ~Feur and June s running along at Tean Power & 10 1, | Can. 8 & e A June Weshington, D C: I ED SECUR]TIB e same ratio, with nothing now in| 3 Pab Serv of N J s, an, 3 1 ) ‘ ; I 'I' ( :IE: sight to hold business back.™ Poy < | puse July | Maiu 6189 - ‘Busines is coming to us easier and * with Tens effort This 0 uny” tme Tt &% Di B s i e 79, First Mortgage Notes ed Fred W 3 2 axtern . Homes Cor New S0 Eeete 107 5! Mills pf....... J June 26 | Secured on Improved D. C. Real Estate e S o iz | EQUITABLE cal Esta 2 I ithe. souts who talen ; o 02 | Vood ubher o0 Tune 30 June I Appraised by Experts of 35 Years’ Experience Without a Loss a most optimistic view of both pres- ;l‘u-( Osage L. 10315 | Hudson Trust. ent and fature conditions O W Co-Operalive Buflding Offered in Denominations of $250 and Up ith are 20 per cent A Good! Investognt i 0 2 yeur ago while the gain for the| 10 srgentin | Sdzo E 2 Organ:zea 1879 manufacturers of men's clothing, eratng at nearly double the rate : e . ‘ann. . Q 205% June Systematic saving is most effectise Warehouse Receipts and Make Construction Loans “the corresponding period POREIGY BONDS : 550 Association last six monhts has been 15 per cent.{ 4 Ring of N, 7 Jolws Manviile | o L Dontns baer 1 1 B o it e el 8 : COTInAT WILL PUR E Ralph Joseph. treasurer of the Jo-| i1 1 S L Assets . 34,65 « ®eph & Feiss Company of Cleveland, 1 Tty aw. T. & Q. e 2 Surplus .. $1,180,8%0,01 Riid today that his concern was Op e Sney 5t g A Save As You Earn First and Second Trust Notes attainedlast year. “The trend of 0 Anglo Am Ofl .... 13% & L sales in the agricultural sections of | 3 muskera b 00 0 sie “ We sen it illustrated evers day. 1t the country is upward hough con-| 190 Gal Sig O ..0... Blig 6 H leads to finaucial ngth and iade GificoiaY Jrppmas, pltioven con-] el Sl s Si8% dwe <2 National Mortgage & Investment Corporation Manufacturers of women's gar- Tmp 0l of Can ments in a half-dozen cities stated T 9 sy 9 Flec... ¥ 16 June 30 | Subscription for the H 8 wen 1 i Qani o it cines gl = : A 811 Vermont Avenue N.W. m Cor e slack scason. more dctive business| o0 Maguolia Pet ... 138" ; : 2 dune 20 85th Issue of Stock was confidently expected in a month ot Trandt ..... Sea . duls June 13 or so when the fall demand got un- i > ey a1 | Sinulon Ex - Ei 3 Being Recelved o der way. ol i el i : g Conditions in the southwest are 1 S e Tea .. Sty 2 : Shares, $2.50 Per Month ! s . expected o be strensthened so far | : ; g : 912%&% Sl,re@t '6888 as retail sales are concerned by the . s 3 e 2 { E bright prospects for the Texas cot- 4 o homyiso [||EQUITABLE BUILDING ton crop, according to A. B. Spencer g : 5 B e 00t L _ and Porter Whaley, bankers of West 80 - S5 3. . Thompion Cl 915 F St. N.W. SaVe and In V est o o it et et itos Vi o 5| Un Rag & aier 18 Juiy 4 |} JOMN JOY EDSON. President prosperity by the cotton erop which |gues [NDEPENDENT OIL STOCKS. 5 A e a1 ||| FRANK PR o No one can question the value would be disposed of on the best oi some Bonds, but it also remains { market since the war. - sin e wa a fact that our Real Estate Notes “10ae* I ¥fion & o 4 never varied the value of one cent Fl PUT OFF DIVIDENDS. tyh 5 o | A, 4 % Home Fumiture throughout the entire war and NEW YORK, June 14.—Directors of 3 ; 3 after-war period : Dped TAvIng dividends December $t| 11 b0 & 1ol ¥ VI sk ! pped pi vidends December 31, pfd w il W 3 » | AT , e ~ e A AT AR E AT T ERAA I A J SAFE INVESTMENTS i MORIGAGES posiponement of dividend payments, v \[l ot i o owing ‘“, xkn.: !;\'erprodudcuoi\d of c‘nmp o . 3 5 rmnh_mlw glza on ':ou“hom goods, WITH A o1l in the California and midcontinent Aluminum Co. of Amer. 3s 102 AR €K Oatas: 0" a5d) bt The Safest S i fields: liis : ; e G Drokerage charged. Come in and lot , . = i : e est Security on Earth e e Al O Tl | s cxviain our mathod of mai: WIDE MARGIN OF SECURITY 0 Keystone Ranger.. . 3 Americun § : Washington Stock Exchange 1 Riths "ot Awerican Tl o :ammgxg..ltnr%t;:::‘g Copra: 10 Livingston S, Ly . 4 Anacouda * 101 ystem Copyrighted & Puts i by el W W o AAAAAARAR S Paying 6 and 6Y% Washington Gas 5s—S$1,000 at 9314, 10 Maracaibo Oif % | Auglo-2 B G ot O A M G| M Mex ol . {‘.'.‘,‘.:.fif;h .'"‘: 3 2o 1o v *PAYABLE SEMI-ANNUALLY) We offer, subject to prior sale, a limited g 00 T e T W[ % ML s - e i ot ® b Is Y. Shannon & Luchs First Trust Notes | |l issue of First Mortgage Real Estate Loans Tz & Blee, jt—o'ac Tasg, | o8 Yo Moz Tand LN ) i i Property Producing 1 -~ 7% interest, secured on well selected, newly 1Feer 01 Corpro 1l T P 24000000 T the Best Results? Built on a Straight Line of Return || constructed residential property in Northwest Gas Humble Oil . 8 Penrock Oil ..... SR E g PN Fluctuating Val I ; ¢ 30 Phillips Pet n R::"a‘_”:‘u‘x”:r ik 3 N ot a ctuating Value I l‘VuszillglOiL Call or write us far full mfarma- L] curity Bol0lat) § Koyl Cun 0 & 3 L by SteSell & 1oy 7 1A ; D DEPARTMENT, ult Creek Cons M., &L P& 3 1 30 | s s & & = N Ay Y = goAmericun Commercial ana Savings Bamk—| 43 S0 K265 4 Morrie Co. is 1030, ] Sold in Denominations of $100, $300, $1,000 i tion concerning these loans. Mones Call Toans, 5 and 8 pe ceat, o it o % 30 3 | Star Kok & Co. 70 100 FULL INFORMATION i W 80 Southern P & andard Ol of Call . 1 b g RN NN Consult Us ||| [SHANNON-&LUCHS || . el e : LR S — ‘ : ENT DENOMINATIONS il o B.F. SAUL CO. S ™ T A 5 Am Writing pager. EW YORK, June 14—Foreign ex- MORTGAGE DEPARTMEN AR ores pews By By e e e 1412 Eye St. N.W. 713 14th Street N.W. d tophor " S e S. dollars): Great Britain. demand, h SR f i 1461%; cables, 4.61%; 60-day bill Ph Main 2100 e, . e Fralt... o 18 161%; cables, 4. 2y on one Main S = 2 Bridgeport Mah w i 15% banks, 4.59%. France, demand, .0635% — | i T R T & Brit-Am Tob Co Rg 4 ables, . demand, 0464 Zlec. 1at 500l Muddy Buds .- 4 i Beélgium, demand, — — {iitten e el e ab b | SRS, 00U Cermanse, de- ]Tl[ITI\lll[lll[l[lllflflflflfllIIIlIlIiIlIlIlIIllllllIIIIIIIIIIIIIIIIIIIIIIIIIlIIIllllIlIIIIIHIIIIIIIII|IIYlflflll[l[HxTITIII[IHTIIITfl'I1\_4:b G T Ippls Holland, demand, cabies, .3921. ' .5th St. at K St. N.W. Main 4600 10 Chicago p B 1 Y M > o 3. 7l 18 Chicams BoP Wheei. Norway, demand, . Sweden, de- . g 3 t 2 m. T g ehicats 31wt . cismand loti Sweder, s i [ i Open Until 5:30 p.m. Tomorrow e &ML Ver. erf S 10 Cube €0 n i i Switzerland, demand, .1795. Spaiv wasii, Balt unap. 8., 3% DL & W Conl .. demand, .14 Greece, demand, .0301. Mngton Gus 7348, ERe 5 PO s Tad % Poland, demand, 000014, Caecho- ol " = e Rwy. & Eloo ¢ R o b L slovakia, demand, .0298%. Argetina, | : s e i Glilette Safety Raz demand, .3612. Brazil. demand, .1035. | b : . Wash. Rw .8 g Heydon Chom 12. . . e i 2 Hydrox Corp ... 2 1 . | Montreal, .97%. [ [ 1 Indus Fiber vot ¢fs & June 14, 1928. D. C. Paper ) e § 1 Inter Contl Rubber. (Quotations furnished by W. B. Hibbs & Co.) igge R G . g 1 Intl Carbon new.. 3 5 5 y I HIEES Realty 5w (short) 1 Lupton F M. . Nominal Selling checks ‘ E 2, 3 ° ° ° AR B g 5 © #010 elge, POIIRE Che h B Real 1 S O o v T s [ 7 R A P L - v AXinum m S@Wflce eal Investment Service ‘Wardman Park Hotel 8s. 5 1 Mercer Mot Montreal, dollar. 1.00 7Y y Z STOCKS. 10 Mesabl Tron . Y y . ‘063t Ask for Descriptive Booklet “S"—It's Free 2 Midvale Co 13 5 106461 PUBLIC UTILITY. 1 Motor Wheel Cor pf 100 k 3 Do - ; ° 3 Mamincwenr fne wi | Rome - : : ; Vi amd Protectlflm N becoming & holder of our First Mort- % N Y Tele Co pfd. % & [ Rens. Orachy B ] * ¢ ; gage Notes, we want you to feel that G Prima_Radio Co. g1 | Madeld, p | P & . g 3 : \ : 3 Fronter Yiemna, crow L : B : : ; you have begun a relatlonship with us S : ‘: :Eéii‘it:-'a':udy : e I K e ok : Washington’s OLDEST National ;nhlatf“;m S’tf,ow increasingly intimate and e Tam o s By s R v : ; g ¢ ~ 3 Bank has the confidence of that large CUIU S UILC oes ot % Savamah Sugar pra 84§ eeRia : i 3 Bl class of depositors to whom Safety and 3 Intl . 4 BOSTON STOCI 3 - 3 Servi f i 3 fi%fi:"{fi,“‘"" 8 .‘ s e J““:o:,f_s;a::::fi': - . : , : Service ar.e ot _more importance than We want you to look upon us not just i e list of today'a highest, loweet and cios- s - other considerations. a8 a big investment house, but as a friend, y % 4 7 o Boicaey: o doslt in heress Rt Active wtocks h om0 G deservi sincerely interested in your success. We S Lt & 10 X High. Low. = Cloee Jrganized 10 1314, /And no mstitution is more deserving can help you Invest your savings safely U 3' ; AT e o e i — preseens O suich confidence. The Metropolitan's and profitably, build your estate and, W Liberty colt it Metropoitan na S onal Bank of Washingto Arizona Com TRUST COMPA : 3 ;- Brest : 5 lliye Corp 1at pid Boston & Alba i e A R SO -'_‘;‘;“};':5‘,;,::‘: prestige and standing are the out- finally, take upon our shoulders the pro- jcAn urity and Trust.... e g e o Y Ao g Sruas, ¥ BRIGH growth of a century of experience— = tection of your estate for the benefit of < your family. 3 2 8 1 1 1 1 1 Merchants Bauk T e 5 4 ORAS. E. BRIGHT.. .. g A 2 8 4 i1y Caly & Hecla . 7t LBERT H. BEDFORD! - . L 10 Mhona"Gi%e Con’ W Commer e 7.0 2 ¢ ignt Foptes “aue cumier the reward of constant endeavor to give SAVINGS BANK. 480 Belcher Extens.... . A i Davis Daily . Y . e E The Best i rvic 1d facilities. & 10 Boston Maat Corp ; 19 | East Butts . DIRECTOR € best 1n service ar S. Our Officers Wi rity Navings and Com..... &0 Cantamanie Nt T - g R 1% 3 B e Det. FAUST HUGK F Ity [ Can YOUR Payday account be in better to Confer With You », 16 Continental Miu 5 3 %% | Island Creek . WM., F. GUDE E. FRA..CIS RIGGS ha”d:’ . 18 Cortes_ Silver 08 88" | Inle Royale 3 CHARLES JACOBSEN WM. H. SAUNDERS s 1 Cresson Gold - Libby MoNeil & Libby. 0. H. P. JOHNSON HEEBERT T. SHANNON 10 Divide Exten: B R R Mass RUDOLPH KAUFFMANN H. C. SHERIDAN ] L Colgeas pRepa % | Mayflower 6 C Dr. 3. THOS KELLEY, Jr. CHAS. G, SMITH, Jr. 39 Interest Paid on Savings PR P R -l i . Swartzell, Rheem & Hensey Co. 10 Dundee Ariz Copper 23" | Mexican Investm ©. ¥, R. 0GILBY $1 or more will open an account, 727 15th Street Northwest ). C. Paper Mfg. Co. 2 #1400 independence Lead. samer ¢ pl IBE ~National Metropolitan Bank 150 Goraneta Deen diin i1 0y | New, Comeiin - g ':3.,"]5',"3‘:?"',’? (M M ¢ @ om o ,' R Capital, Surplus and Undivided Profits, Over $1,700,000.00 Tansen Sondirse i 24 donicaa Copper 10 (@8 53 ; 15th St. Opposite U. S. Treasury—109 Years Old FEE Resl Estate Title. 5 Gold Coin Sining 1 g 20 Gold_ State o E E "l“r'(lnrl‘ty& s ¢ A ollinger ... I 5 o Grapnophone pid-. 4 Hows Sound h Metal B2IERELNT 5.8, 54 Years Without Loss to an Investor FEE S EE 340 Goldfield Florence. ¢ Columbia . 10 Goldfield Jackpot .. 4 30 ;’mf{néfi 1y Beauty is only skin deep—and the 156 same may be said of freckles,