Evening Star Newspaper, June 20, 1923, Page 29

. FINANCIAL FEW CHANGES SEEN P INAUTO FASHIONS " Fall Innovations to Be Few. Good Business Reported in Prospect. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, June 20.—XChanges in + automobile fashions will be compare- tively few next fall, compared with previous years, according to some of the most prominent engineers in the utomobile industry today. The lead- & factories of the principal centers still are operating at capacity. A. B. C. Hardy, president of the Oldsmobile company, said that the production of his concern would be still greater if terials could be shipped in fastor. “Some of the plants tare getting up parts and materials in anticipation of changed models this fall.” he contiwued, “but the volume of such changes will be small com- pared wiln previou TS, here is less need for a stimulant this Year than for several vears Dast, #Mough plants are alert in their #fforts to originate devices for gov- erning greater mileage and effecting operating economies. 311,000 Ford Orders. The Ford Motors Company has or- ders for June delivery of over 311,- 000 cars and trucks, against which not many more than 000 cars and trucks can be made. So far as the Ford company is a barometer of the business the demand for automobiles is greater than ever. | Plans for the consolidation of three large concerns into the Tripensee Closed Body Corporation with a cap- ital of $2,500.000, are now under way. The new coucern, which will be located in Detroit, will specialize in the m acture of closed automobile bodies for which the demand has ‘*been greater than the supply for the last eighteen months. The company will employ several thousand men in Detroit when it gets into operation expects to turn 200 bodies ~The output of many of the obile companies now consists of more than 50 per cent closed cars and it is believed in trade circles that the production of the new company will enable the automobile manu ifacturers to come nearer managing the closed body demand. Calls Outlook Bright. Bassett of the Buick ymmenting on gen- eral conditions, today said: “1 can sce no reason why the last six months of this year 11d noi produce equally as good business as the first six months. General business certainly is satisfactory and crops, generally speaking, promise to average well The money situation is not troubling us, and there is no apparent tendency .for a runaway boom market whi might be followed by & period of d pression. People have learned a les- son from the past, and those who offer the right kind of merchandise at prices consistent with the quality of the goods should experience very tisfactory business.” | The receivers' sale of the property of the H. C. Wills Company, makers of the Wills-St. Claire e which was to have been held today, has| been postponed until July 3 at the! request of prospective bidders in- terested in the reorganization of the company. At least three bidders are expected to qualify before July 3. Shortuge of Metal Miners Grows. The shortage of metal miners in a number of the far western districts is growing, according to reports to- day from Grass valley, California. The high prices for labor being paid on the farms are drawing some men from underground working for sum- mer months. Wages have been increased in both copper and gold- silver properties in some districts, and mine owners are competing with each other for the available supply of men. i High Wages Reflected in Trade. Trade in wholesale dry goods lines | in the Pacific northwest to date is 30 | per cent heavier than last year, ac- cording to Crawford Anderson, presi- dent of the Western Dry Goods Com- . pany of Seattle. Wholesalers, how- 1 ever, are hesitant still about making | very large future commitments. “We are now making new pur- chass for quick delivery,” Anderson said. “Ginghams, sheetings and cot- ton goods have been considerably ad- vanced in price since the first of the year by manufacturers, but we be- lieve the upward swing has reached the zenith and do not look for any important changes in the near future. Collections are quite satisfactory. " GAS FIRM PLANS ' NEW BOND ISSUE By the Aesociated Press. NEW YORK, June 20.—The Southern California Gas Company contemplates ' an early issue of $2,500,000 first and refunding 6 per cent bonds, according to reports reaching the financial dis- | trict. The Packard Motor Car Company out Received by Private Wire BY WILLIAM F. HEFFERNAN. NEW YORK, June 20.—The curb | market today got rid of the selling, pressure which had been forcing it down for a week. Recovery was very irregular and as the session progress- ed there were intervals of duliness. The market gave evidence that the | forced liquidation which had played & prominent part in recent sessions had practically been completed. But it was also evident that little at- tempt was made at fresh operations for the rise. There were also some rumors of | favorable announcement about to come in connection with the Gold- | field properties. The two principal | members of the Goldfield group— | Goldfield Florence and Goldfield Deep | Mines—were in consequence heavily | dealt in. Activity and strength were also displayed in Mohigan Copper. Standard Oil shares were slow to | NEW YORK, June 20.—Following is an official list of bonds and stocks traded in on the New York Curb Mar- ket today: Sales 1n thousands. 1 Alum . 1 Alum 75 new '3 3Am Cot OI 6s . 3 Am Gas & Elec 8s 1Am Lighe 6 ... 1Am Lt 6s w't ‘wr 8 Am Sumat Tob 1 Am Rolling Mil 12 Am T'& T s 28 Anacondn 8 5 Auglo-Amer ¢ 43 Armour Co Del & 5 At G & WSS 8 A Bim Hdw 6s u 1 Beaverboard 8s 1 Beth Steel s 1 Beth Steel Tx n X BONDS. High. Close. 1034 1061} m«&‘ oo 10038 { 10134 1024 o 4815 o8 taz, 1003 91 9315 10415 4 1001 Tois 1oty & B2 t Steel Bs .. n 4 Cities Serviee 73°¢10 01 3 Cities Service 7x D.. 9015 1 Cons Gas Balto fa A 102 1 Cons Textil 1 Cudaby 5 4 Deere & ( 8 Detroft ¢! 7 Dy 2 Federal Sugar 6s 7 Federal Sug fs # Fisher Body 6s 19 Fisher Body_tn 1 Gair. Robt, 7x rand Trunk 6igs. . 15 Gult 0il of I 10 Tnter R T Ba 13 Kennecott Cop 7s. 2 Libby, McN orrix & Co Tigs... ational Leather . ew Orins Pub Sr 5x Ph Pet Ths w't war Tub Serv of % o Ba Tidal Osage 7s 2 Unlon 0 6s 1 of b4 & Un Ry of Hav T%s 107 18 Vacuum Ol 7s..... 108% FOREIGN BONDS. 10 Argentina 1001, 1001 10 Swss Gove Bk 26 U S of Mexico 4n... Sales STANDARD OIL ISSUES units. 800 Anglo Am_0il. 40 Buckeye P I 800 Continental Ofl new 100 Crescent P L . 10 Eureka P 1. 55 Gal Kig OIl... . 300 Humble 0 & R’ ne 20 Tlinois P L. Imp 0l of Ind P L . 4600 Intl Pet Co Lta 10 Magnolia Pet 200 Ohio OIl new 85 Prairie Ol & 85 Prairie P L 10 South Peon Oil .. 140 25700 S 0 Ind 56% 30 Southern P L. 06 300 8 0 Kansas new.. 41 900 S 0 Ky, 8y 2700 8 0 N'Y new U R. 3% Facuum Oil new... 471 DEPENDENT Of e 1L S8TOCKS. 155 &4 3116 171, 101 & 20% 180 1013 o7 168, P 80 190 1043 8 Barrington 0l 20 Big Indian Ofl . 10 Boston Wxo 0fl 7 Citles 6 Cit Serv pfd T 1Cit Serv pfd B.... 8 Cities Bervice It cfs 13 Creole Bynd ....... 2 Derby 0 & B w i.. TDerh 0 & R pf w i 2 Equity Pet pfd ngineers Pet . ederal Ol en Pet len Rock ranada 0il 32 Gulf Ol of Pa 1 Humphreys 0il ... 5 Interstate Royaities 60 Kevstone Ranger .. . =y m 30 Midwest-Tex Oil 17 Mount Prod . 64 Mut 01l vtg 1 New Bradford Ofl. ew Eng Fuel Oil. 6 New Mex Land.... ob'e Oll & Gas.. Y oil .. Peer 01 Corp. 13 Pennock Oil has declared an extra dividend of 2| per cent and the regular quarterly| dividend of 2 per cent on the common stock. Both. are payable July 31 to stock on record July 16. ‘The American Cyanamid Company has declared an initial dividend of 1 per cent on the common stock and the regular quarterly dividend of 1% per cent on the preferred stock. Samuel W. Reyburn, former Little Rock, Ark. banker and president of the Assoclated Dry Goods Corporation, has been elected a member of the ex- ecutive committee of the Interbor- ough Rapid Transit Company. BETTER TONE NOTED "IN COTTON MARKET By the Associnted Press NEW YORK, June 20.—The cotton “~ market was ratner nervous and_un- settled again this morning. Liver- pool cables were lower than due and the weather map made a favorable showing, but the stock market show- ed a better tone at the opening, and it looked as if recent selling had left cotton in a firmer technical position. Futures opened steady; July, 26.52; October, 24.10; December, 23.63; Jan- uary, 23.43; March, 23.42. Futures, 11:45 am. bids steady. July, 2666: October. 24.35: December, 23.88; January, 23.68 asked; March, 23.63. NEW ORLEANS, June 2 of 7 to 12 points on the months around the opening of the .cotton market today were the reflec- tion of poor cables. The weather over the belt—hot and dry nearly everywhere—was considered favor- able, but was offset by claims of in- creased insect damage, especially in Texas. Futures, 11 a.m., bids steady. July, 26.30; October, 23.57; December, 23.26: January, 23.17; March, 23.07. NEW YORK, June 20—Cotton fu- tures closed firm: July, 26.38a26.40; October, 24.22a24.24; December, 33.80 a23.83; January, 23.5%: March, 23.49. Spot_cotton quiet; middling, 27.65. NEW ORLEANS, June 20.—Cotton futures closed steady. 4 points down to 19 points up, net. Close—July, 26.48; October, 23.54; December, 23.27; January, 23.19; March, 23.08. ——— ‘White Eagle Oil and Refining Com- pany declared regular quarterly §0- cent dilvidend on common, payable 7.&1;' 20 to stock of record June; 29, 3 Phillips Pet new 16 Roy Can 0 & R 18 Bou States Ofl 1 Tidal Osage Ofl. 5 Turman Oil . INDUSTRIALS. 2 Acme Coal new.... 8% 1 Amal Leather 163 2 Am-Hawation 6 5. 14 1 Am Writing Paper 1 1 Archer Dan Midland 30 1 ‘Armour & Co. 7Y 12 Ar & Co of Dei pid 8314 17 Atlantic Fruit ... 1% 2 Bridgept Mach w i 14% 18 Brit-Am Tob Cou.. 229 26 Buddy_Buds 138 13 Cent Teresa ... . 1 5 Centrifugal It Pipe. 14 17 Check Cab Mfd A 47 Chicago Nipple ... 41 3 Chic Nipple B tr.. 214 Chi Steel Wheel pf 4% Cleveland Auto P S | the leaders. | Real Estate Ti THE EVENING STAR, -WASHINGTON, D. C., WED NEW YORK CURB MARKET Direct to The Star Office. join in the recovery, but toward midday gains of a half point to 2 points In this quarter were numerous. It took little effort to bring abo an advance of a point or 6o in Stand- erd of Indiana. Vacuum Ofl and Crescent Pipe Line and others of the group were inclined to rally with There were wide fluctuations in Southern States Oil. Under what ap- peared to be a hasty demand to cover short contracts, the stock ran up to 15, but thereafter moved irregularly. Maracalbo was again prominent on the side of advance, getting up al- most 2 points before the rise was checked. All was changed in the afternoon when the Zimmerman and Forshay failure was made public. Then liguidation and short selling swept prices down generally. There was no tthe same demoraliz tion that prevailed on the big board but the higher priced standard issues were off 2 to 5 points, Durant of Indiana brorke to a new low for the present movement of 9%. The mar- ket closed at the bottom figures. 3y 11 5 10 Goldteld Developmi BT oldfield Deep Min : ldfield Flotence i GoldSeld Ja Gold State ... Hardshell Min . 10 Hardshell Min HUl Top Nevada Hollinger . Hecla Mine Homestake Ext . Howe Sound 5 50 Independence Lead. 20 Tron” Blotsom oo Jerome Devel . MININ; Lone Star ... Mohican Cop . ational Tin .. 0] ew Dominion Cop. ew Jerser Zinc. . ew York Porenpin Nevada si1 Horn Nixon Nevads Niplssing Ohio Co 40 lida Mines . Croix Con 40 &il Queen Min Corp 10 8il Mines of Amer 10 8il K Div Min reor 5 10 e So Am Gold & P.. Spearhead Gold Teck Hughes Tono Helmont 40 30 n Imp Mi Un Verde Fxt U 8 Cont new w 1. 3 Unity Gold 5 End Consol. a4 Ext 3 Yukon Gold 3% 95 o 1% Washington Stock Exchange SALES, Washington Gas Gx—$500 at 9315, ngton Rwy. & Elee ptd—1 ut 73. ton Gas Light—5 at 47%, 5 at 47%, o2 oo 1% 1% AFTER CALL. Capitat Traction Co.—-10 at 99, 10 at 09, Washingto las—$1,000 at 103. Money—Call loans, 5 and 6 per cent. BONDS. Bid and Asked Prices. PUBLIO UTILITY Amerfean Tel. & Telgn. 4s..... Amer. Tel. & Teign. 4% Am. Tel. & Tel. erl. tr. 5 American Tei. & Te Avacostin & Petoma Anacostia & Potomac g Capital Traction City and Suburban Georgetown Gas Potos Potom, b, Alex. & Mt. Wash., Alex. & Mt Yer. D C. Paper Mfg. 6s.. Riggs Realts bs (long Riges Realty 55 (short).. Sec. Storage & Safe Dep. 6 Wakh. Mkt. Cold Storage 5s.. Wardman Park Hotel 6s... STOCKS. PUBLIC UTILITY. Washington Gas. Norfolk & Wash Wash. Ry. & Wash, Rwy. & Terminal Taxi com.. prd. NATIONAL BANK. Capital Columbia Commerciai District Farmers' Federal-American Liberty Ulncoln 5 National *Metropolits Riggs Secon . National Bank of Wa TRUST COMPANY. American Security and Trust. Continental Trusi Merchants' Bank tional Savings ion_Trust. E Washington Loan & Trus! 3 SAVINGS BANK. Commeree and Saving Fast Washington Sevings Security Savings & Com. Seventh Street 5 TITLB INSURANCE. Columbia Title. MISCELLANEOUS. Columbia Graphophone com. Columbia Graphophone pf¢ D. C. Paper pfd Merchants' Transfer & Storage. Mergenthaler Linotype . 0ld Dutch Market com. 0ld Dutch Market pfd. Lanston Monotype Security Storage.. Washington Mark Yellow Cab. *Ex dividend ®, SamrNepal FE O EE Durant Motor ... Durant Mot of Ind Elec B 8 ptd E 4 Eaton Axle s 15 Federal Teleg 1 Gillette 8 R 9 3 i EE P & Glen Alden Goodyear Tire ..... Grifiith, D W o 2 Hanna M A T-pe pt 94 2 Heyden Chem . % Hud & Mann 2 Hydrox Corp © Inter Cont Rubber 210 6% 12 3 313 2 2 BR 0w o 20% 20 s i 9 Midvale Co. 13 12 1 Nat Leather Tl 3 3% N Y Tele Co'pid.. 108 108 % Prima’ Radio Co... 51 41 Radio Corp 8% 19 Radio Corp i 6 Reo Motor 103 10800 &1 n 20 4 Stutz Motor 14 4 Swife Intl 17 ? 3% 51 42 1 Timken Axle L4 3 Unit Prof Shar new 5% 11 United Ret Candy.. [$4 - ol St oo e 2 558 FEOERE o U 8 Metal C & Universal Pipe w 1. 2 Universal Pi pt w 1 Waring Hat Mf w | 4 Wayne Coal 8 Western Feed Mf} 1 White Rock . 4 Yellow Taxi Co N 3 Am Ld Zinc Smelt. 10 Belcher Extens 120 Black Hawk Oo Market Flashes at Today’s Close A. C. Bedford, Standard Oil of New Jersey, today denied that the com- pany has under consideration any plan for new financing. American Telephone and Telegraph | has 263,800 registered stockholders. This is an increase of about 15.000 since January 1 and does not include over 90,000 employes of the Bell Sys- tem and its subsidiaries, who are paying for their stock under the em- ployes’ stock plan. More than half the shareholders are women, Sales of Metropolitan 5 to 50 Cent Stores, Incorporated, for May totaled $574,149, against $456,898 last year, Ex-stock dividend today: American Stores. New York bank clearings, $726,000,- 000. New York bank balances, $86, 000,000. New York Federal Reserve Bank credits $73,000,000. Boston bank clearings, $62,000,000. CALL MONEY FIRM. NEW YORK, June 20.—Call_money firm; high. 5: low, 5; ruling rate, 5; closing bid, 5; offered at 5: last loan, 5; call loans against acceptances, 4%. Time loans, steady: mixed collateral, 60 to 90 days, 4%a5; 4 to 6 months, §; prime commercial paper, 8. 2 % {ing with work COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY FORT WORTH, June 20.—Outside of the grain and live stock reglons the past week has not been an optl- mistic one in Texas. Much of south and central Texas needs rain, espe- cially the cotton and producing dis- tricts. In the Brazos river bottom: where for three years overflows have damaged the crop, molsture is needed. PITTSEURGH, June 20.—As a re- sult of the low price of ail, wildeat- ters have practically gone into re- tirement. At the present time mot more than a dozen wildcat wells are drilling in the eastern fields. The 25-cent cut in Pennsylvania crude oil had been expected and operators had governed their development sched- ules accordingly. NEW ORLEANS, June 20.—Reports | from 128 southern pine mills indicate that orders are coming in at the rate of over 65,000,000 a- week and that production is several million feet be- low that figure. PHILADELPHIA, June 20.—Bids! have been asked by the General tric Company on its new §2 plant, which will be erected on a twenty-one-acre site in Wi delphia. APOLIS, June 20.—Rainfall heavy recently over a wide in the northwest and small grains are in good condition today. is_also progressing satisfac- Pastures are improving and ay crop looks promising. Re- duction In wheat acreage is esti- mated at 15 per cent. This will be offset by increases in flax, oats and barley. SEATTLE, June 20.—The highest grade beef steers are bringing 7.50a 8.00 per hundred pounds in this sec- tion today. Medium to good steers are quoted at 7.00u7.50 and valley | lambs at 10.50 | | SHARON, Pa.. June The Stand- ard Tank Car Company has promised to deliver 1,000 box curs of forty-ton capacity to Ford Motor Company during "September, October and > vember. The company has enough orders today to keep its plant busy the remainder of the year. PHILADELPHIA. Bethlehem Steel June 20.—The Company, after ex- perimenting elsewhere, has again, fixed on Philadelphia as a port of entry for its foreign supplies of iro ore, which ome chiefly from Cu and South America. One ship now ix | unloading 11,000 tons. The ore will Eo to the Steelton nd Coatesville plants by the P vamia railroad. READING PLAN FILED. Thirty Days Allowed for Entering Objections. PHILADELPHIA, June 20.--Coun: sel for the Reading Company today filed in the federal district court a form of d-cree in the matter of the segregation of the Rerding com- vanies ordered by the United States Supreme Court. Ten days are allowed to file objections to the form and thirty days in which to prepare for a hearing in the cvent objections are 11ade | ORDER HALTS PICKETING. ST. PAUL. June 20 (Special)—A| temporary restraining order has been issued by the district court here pre«[ venting union pickets from interfer- s at a local shoe fac- | tory where 25 recently | walked out when a demand for a| 10 per cent increase in Wages was refused. Only one factory is affected | seriously by the strike. Others re- port normal production and & good outlook for fall business. 6% emploves | weather. | part of the state. Manufacturers Agree to Cut Num- | recommend Reinvest Your TRADING IN POLISH | MARKS IS STOPPED Warsaw Finance Minister Acts to Prevent Further Collapse. BY the Associated Pre WARSAW, June 20.—Polish stock exchanges have been forbidden tem- porarily by the ministry of finance to deal in forelgn exchange because of the fall of the Polish mark, which on Monday sold at 138,000 to the dollar. Certain banks have been ordered to cease tramsactions in exchange and to deliver their supplies to the gov- ernment. Measures are to be taken to prevent exporters from keeping their funds abroad. FURNITURE BUYERS ASSEMBLE IN CHICAGO Special Dispateh to The Star. CHICAGO, June 20.—Furniture buy-] ers from all over the United States began assembling here today to do their semi-annual shopping. The city is now recognized as one of the prin- cipal markets, although half a dozen central western points are benefiting from the pilgrimage. Orders booked before July 1 will regulate the factory output for the next six months. By next June buy- ers will find the goods they seek well concentrated, for by that time the new $10,000.000 furniture mart. where 400 | anufacturers will exhibit their wares, will have been completed. It will be the world's largest building. It now requires about nine days for a buyer thoroughly to cover the Chi- cago furniture field. FLOOD WHEAT DAMAGE PLACED AT 50 PER CENT Special Dispatch to The Star. KANSAS CITY, June 20.—The recent floods in Kansas damaged wheat in the lowlands 50 per cent, according to a report today by the Kansus etate board of agriculture. Rust has developed rapidly in other sections at a result of the wet With the exception of a part of western Kansas. the oats crop is better than was expected a fortnight ago. Corn is badily in need of atten- t but the rains have kept farmers © ¢ the fields. Wheat cutting has begun in the south and south central SEEK FEWER TILE SIZES. ber From 36 to 13. ; { Manufacturers of hollow building tile, called together at the Commerce Department in the government stand- irdization program which Secretary | foover instituted. have agroed to! the manufacture here- | after of b tile. At g sizes are manuf: tion is expected facturing costs. BAR SILVER QUOTATIONS. LONDON. June 20.—Bar silver:| 31%d per ounce. Money, 18 cent. Discount rates, short 2iy per cent: three months' -16 per cent W YORK. June 20.— silver, 65%; thirtv-six different ctured. The reduc-| to reduce manu- nt vills, | bills, | reign bar ~ Money to Loan | Becurec by first deed of trust on real estats. Frovailiop intorest a2 commisston. | { Joseph 1. Weller 43,750 2 5% | ‘ % Funds in FIRST MORTGAGES The Safest Security on Earth Every mortgage is less than 507 of ihe ready market value | of the property 1. Absolute Safety. 2. Reliable Security. 3. Liberal Income. 4. Insurance Against Lo 5 6. 1409 N. Y. Ave. NW. Dean, Onativia & Co, Stock Exchange Building New STOCKS and BONDS MEMBERS. New York Stock Exchange Chicago Stock Exchange Associate Members of New York Curb Association WASHINGTON OFFICE: Main Floor, Woodward Building Office Open Until 5:30 P.M. Phone Main 2040 JOHN CALLAN O'LAUGHLIN Manager First Mortgage Loans Made On Improved Properties (Including Residences) In the District of Columbia Sv%% Protection Against Depreciation. Prompt Payment of Interest. 7. Repayments of Principal in Full at Maturity. Convenient Denominations—W'rite or Call for Information WILLIAM S. PHILLIPS First Mortgage Investments 58. Main 4600 York COTTON GRAINS COFFEE SUGAR N. Y. Cotton Exchange Chicago Board of Trade N. Y. Produce Exchange Minneapolis Chamber of Commerce CHARLES R. ALLEY Assistant Manager Interest Reasonable Annual Curtailments Required Loans for Less Than $50,000 May Be Paid in Whole or in Part at Any Interest Period Without Charge H. L. RUST COMPANY M.m. 6888 Loan Correspondent for the Prudential Insurance Company of America i | t 912 15th Street ‘ hirteen sizes of buflding ||| per ||| Mexican dollars, 49%. il JUNE_ 20, 1923. We Specialize in That's Our Business B.F.SAUL CO. 1412 Eye St. N.W. Phone Main 2100 EQUITABLE Co-Operative Building Association Organized 187 434 YEAR COMPLETED Assets $4,657,959.58 Surplus ..... $1,180,580.91 Save While You Have the Opportunity The systematic saving Equitable has proved fnvaluable thousands who adopted it. prove just as helpful to you. Subsecription for the 85th Issue of Stock Being Recelvea Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. NW. JOHN JOY EDSON, Preaident FRANK P. REESIDE, Seey. o] Home Furniture LOANS 0 to $300 on real estate, gouds_or cluth . <. No brokerage cha n and let W expluiu our me of waking small lonns. Lonn & Fi Teoom 211, Syeten Copyrig ance Corporation! L St N.W t Peniling Of Our First Mortgage Investments are placed on the servative valuation: one of our clients lost as much as a single penny in either principal or interest We collect and remit interest the day due, furnish fnsured title certificates, Can accommodate investors with amounts of $250 u, $5,000 or more, bearing 7 terest. “‘Invest in first mortgages and be safe.” Chas. D. Sager Loan Dept. | 924 14th St. S Continental Trust Company Capital One Million Dollars 14th & H Streets T irst Mortgage Loans! TLowest Rates of Interest and Commission. | Prompt Action i Thomas J. -F'-iglhlerrh&q Company, Inc, - First Mortgage Loans From $1,000.00 to $2,000.00 secured on your Home or Farm. 7 interest. No brokerage charged. Come in and let us explain our method of making small loans. Commercial Loan and Finance Corporation Reom 211, 521 15th Btreet N. W. System Copyrighted & Patent Pending, most_con- never has nmiE i FINANCIAL, Security Salesmen ’ W. T. Chapman Representing The Durant Corporation Continental Trust Bldg. Main 5757-5587 Personal Bond Required In the New SmitH BuiLpinG Next Monday - The F. H. Smith Company will be in its new home in the Smith Building, on Fifteenth Street between H and I, next Monday, June 25th. The new Smith Building has been erected on the site at 815 Fifteenth Street, where the Company had its offices for many years. In our greatly enlarged quarters investors will find every facility and convenience of the modern investment banking house. NO LOSS TO ANY INVESTOR IN 50 YEARS ke F.H.SMITH CO. - CHounded 1873 FIRST MORTGAGE INVESTMENTS SMITH BUILDING 815 FIFTEENTH ST. 15th st. COMMERCIAL Central: Northeast: 8th & H Sts. N.E. Southwest : ‘Northwest: Near Your Work or - On Your Way to Work Is our new Northwest Branch, located at 1140 (Security Storage Building). want the public to avail itself of its Checking and Savings Department facilities. 3 % ON SAVINGS We 15th and Penna. Ave. Capital and Surplus, $5,400,000.00 BRANCHES. 7th & Mass. Ave. N.W. 436 7th St. SW. 1140 15th St. N.W.-