Evening Star Newspaper, July 24, 1923, Page 21

FINANCIAL. - SUGAR TRADE SLOW PLENTY INSTORACE Refiners Alarmed as Dealers and Housewives Keep Up {CAPTAIN PAYING - SAILORS 18,000,000 MARKS 4 MONTH Special Dispatch to The Star. ituation on the German liner Golden latley, Gate when today it with a cargo of y reaches Hamburg. Ninetéen of the Feodosla’s crew de- i The olls faile 8 : which passed out of 1he!lk‘;:m: 41184 $o) retmand to the mub THE EVENING STAR, WASHINGTON, D. C., TUESDAY, Received by Private Wire BY WILLIAM F. HEFFERNAN, of figures on production in California and Mexican fields. Imperiul Oll of Canada sold for the Direct to The Star Office eum was heavily sold. Among the under the previous close. Others of this group were practically neglect- d. i Reading Coal 8s continued the fea- ture on the side of advances, gaining |RESPONSE AWAITED | 10 HIGHER PRICES Public Reaction to Increases| on Wociens Will Be Crucia JULY 24, 1923. Money to Loan Setured by first deed of trust on resl estate. Prevailing interest and commission. Joseph I. Weller {2 Wash. L. & Truat FOR SALE—Desirable income- || fi | | ment houses and dowgtown bus ness buildings paying attractive rates of interest. 4 | | $65 or $71.30 a Year AN ' FRANCISCO, ,July 24.—Multi- CEW Y - B s rican group lower prices . - ‘ {millionai®es i ‘tire ?oiec’:‘stlc““x:\d W TOREDL1 4 ienkamas (n fifihrfi':;ed in x:-r-cnlho. paying business and investment ? e e B ofl shares was again pronounced In|WIl NS ware opened half a properties. Investigate some of on 1 000 . N today's trading on the curb exchange.| point higher, but later dropped well ||| our large offerings of apart- 9 . THOUT tax free features, a c tive Buyi Serted here and Capt. Karbiner had |first time this week three points un.|A1MOSt 2 points, while the new stocks Trade Test Wm. H. Saunders & Co. $1,000 investment at 6%2% pays onservative Buying. to repluce hem wt prevalling deep- |der the Saturday final, and then broke | Mgyed UP, 3, points over BIENG \ing i i 1433 K Street N.W. sea sailors’ wages —$55 a month [almost five points further, -Standard | GRed, Warrio gemand followlng re- 2 $65 a year. But a First Mortgage Invest- American mon That means 18- of Indlana and Vacuum were again | Shercs WAS' I CRUST €0 feot o 5 % e 000,000 marics a I‘;ua;r;_.ryw‘rlg:g the depressed and International Petrol-| Bl erade siiver ore had been made. 5P;‘(;‘Q¥g‘;"";:;Mf;.::auch depend ment of $1,000 at 6%%, with our 'flxffee Spectal Dispateh to The Star. 4 paltry 500,000 marks.. in New England on the response the features, pays $71.30 a year. NEW YORK, July 24.—Expert scor- —_—— NEW YORK, July 24—Following o6 .04 .05 i ers In the sugar trude have come’ to an oMetad list ‘ot ‘bonds and stocks R |iblic, meKes tol s ew nrigs the. conclusten that the tariff caunot - ed In on the New York Curb Mar- <12 |pany’s opening of spring lines. Th . s : e e ; ket today 13% | Rdvance of 15 per cent on the uverage If this difference in the yearly income M « Us Us o evads 4. 3 |above last spring's prices was not A 5 the price of that commodity this year 75 | smenin zoxDg, o] vl - % | unexpected, s wages have gone up from an investment means anything to or on Its present conditi hey G “VAllica Pac "2 Premier Gold Min 12% per cent since last year and . . Sut & sbwwn, mmsead. on & Wootel G A Packers oa ‘1% 61 s | 1 Bag Barcusen Ine. wool ‘also s higher. The’ question you investigate the Federal, State and 1 t on the part of the re- - 1" Alum 11108y 106 | 100 Red Warrior now is whether the public will come | misjudgmen P | 1L 9254 s 80 Rex Cons into the market for goods at the ad- Consumers D.C. mfree features of our $100, $500 « finers @8 to the consumption of the 3017 101 20 Ran Toy - T vanced: level. & country, - But none of them gives the | . - &7 B g0 00w g0os | 30 Milver gn in Cor General opinton of business men 4 and $1,000 First Mortgage Investments. , 8 Auaconda 6y & Anglo Am_ Ol 10 Ar & Co of Del 11 Axw Sim_Hd'e here is that the udvance was fully warranted. Probably no mills can produce finished material at so low Power Company The Company reports_for 30 8il Kg Div Min reor 20 Silver Plek K 10 Simon ~Silver injunctfen action by the federal gov- .2 ;i 530 o: ernment so much as an Railroad Demands Right to S wancitonkks 108 0 . o 7 So Am Gold & ¥ a cost .as can American Woolen and, the 12 months ended May Bahorst weretonn: . ; v T oS 40 Speariend Gold as-dealers’ shelves are nearly bure, 31, 1923 i ? NOIEOSS 7O ANY, INVESTOR TN 0 YEARS e M eithor s iue to Open New Field—Cheaper | =i iers e 10 Buccess Mines .. there is little doubt expressed here . o AV e Nole Aasetr. maar mien REY e 1 Reth Steel v 0 Buthe o Tay that the prices qunléfii‘ wn{laeu the Gross Earnings. . $15,364,067 | ; S/ANEGOT. SUERT X ; : 7 Can Nat Ry Eq 7 3 Tecl 00ds and that the mills will be kept i : . A & that refners far overe timated tic Fuel Is Claimed. i 3 Tonopah el s‘smv D Net “E‘-lnl;lntl e 7,226,560 Call, write “the Main 6464 amount this country woyld consume - ent Steel Topopal Divide Ann ond In- ©* in°1923. For the last five years there 7 Tonopah terest Charges. . 2,236,375 { f",.a snformation has been an increase in Sugar con- ¥ : 3§ 10 Tone'Jim Htie Sizrestichunre pumption in the United States, anf The Okmulgee Northern Railway| 1 i e 13 Cait Tmp Mines. x-'e °L=_f l"=d 06"9?") s 2 2 enal, Msing | o s : % © 106 3 3 Ut prat. a 2382 s became phcnomchal, TUE| Company toduy sougtt to test the| 1% S B T R Our 7% Mortgage Gold Bonds, Se. Interstate - Commerce Commission’s et 5 66 % dey | T o Ly ¢ nds, Sc- per capita. , 3 = Duniop’ i 4 2 Unity Gold = or g : Rate of Consumption. . |announced polfey of refusing rafl-| 11 Pederst Sucar 6e s S 5 euden Coprier - First Mortgage Notes r,nreiiec‘.oo‘ élddu:balzf ata | While Sopemion eo fhr s seat | rondy Dermison (o apen new coul| 3 Fibtr i0h st M i I8 et gyl ||l - | . 0. has been ahead of the five-veur fields. . > % 3 Gair, Robt 7s. 55, eo% | 1 Yukon Alaska tr cfs an absolute margin of safety. 0] { = X i s % = 3 ‘ +. age, it has dropped materially be ™ ; nfedian wanlis 1 Guleua Sig O 7. W05 ¢ 106 . ounded axe, it-has dropped materially be ie compuny filed an application to S o - The Service We Give Complete Circular on Request | 1873 e Tt O AnTese Ton ‘the trude [bulld a fifteen-and-one-half-mile ex- Tt T oois Toois 1008 . . 1 belioved by many : o - The National City Company |} | FIRST MORTGAGE INVESTMENTS that the per capita m;n&un -!‘lr‘\n tension with the Henrvette coal fields ;‘;", L ' Insures prompt collecting and re- ‘Washingt 741 15th { 19823 may -full to less than eigh of Oklahonia for the. purpose of Serv- o] 2 mitting of interest” All details cau- ‘ashington— i Shanas.) Willetr ‘& Gray today estl. | °f Oklahomia for th . - HEAT PRI Tiousls supervised, tiat tho Broperty W, | SMITH BUILDING 815 FIFTEENTH ST. mate the consumption for' the first |ing coal mines which have not as . is properly cared for, adequately in- Nl o six ‘months of the year at 260 vet been opened. The Commerce Com- i R LR e —Main 3176 ’ tons, and requirements o mission, in a decision affecting the il exvertence extenas over a perioa or | 8 months & 400,00 s, % is av Ve ag o v 0 8 many years without the lpss of a single H rout elwhty-one pounds | Virginian railway threc weeks ago, re- By the Associated Press. ars wit R i = fused a similar applicatléon on the CHICAGO, July 2 —Despite excep- f|| Pensy 1 elther principal or interest. Refiners, according to market eX-|ground that there already were suf- tional smallness of recelpts south- Notes of $250 Up to perts, counting on heavy consump: | o o0 RE I LIeEE B west and west, the wheat market here P E U l T A B L E \ Eortans. of ‘the Cabap SroD. In_today's application the Okmul- suffered additional decline late $5,000 Now on Hand Q - into the market carly {n the Vear and [ ges Northern declared the coal fields today as a result:of persistent com- Co-O, Buildi : bought raw sugar at high prices. sired to develop would be able = Ch D s 0 T e in, BoDEDS Fv, SRS, 45 SR Bt | to Farnish ensaber ‘cout ‘thun thoss Lt ot g |Hitmon Shauts Asenios ia i e as. D. Sager et e ave an nvest Dutch growers of Java and Sumatra | no% operating in the same territory, | .2 Sun-Oil 8 07y 975 914 |larged hedging saleg. ‘The close w Association come in. . Senging the stenals more [ Permission also was asked to bulld | 11 Swite & Co B "0 00a 008 008 |unsettled, 1% to 2 cents net lower, 924 14th St. N.W. .\ clearly than iheir Americin oDpo-|a twenty-six-mile line connecting up| 12 United OIl Prod & umiy 07 917 | with September, 987 to 97 cents and A T TRt Organized 1879 nents, they sold sugar futures at high | the- Okmulgee’'s main line with the] 3 Un By of Hav 7is 1 Decentber, 1.00 to 1.00%. | e amAE COMEYETEY The purchasers of our First Trust prices, against which they now are | Missourl, Kansas and Texas Company FOREIGN BONDS. e et 5 s Real ‘Estate Notes lock them in : Jelivering East Indlan grown raw |at Oktaha, Okla. : AE e o U Sl PR Asnets . ...84,750,762 cal ‘Estate Notes lock them: in a sugar. )-grmhd x; mrhku‘ugme\.n Imlles oll 6 Russian_Govt ;);;, E E Surplus .. ...81,207,281 ‘»\_a 'ch_ epc;:su \:ult andh;orgn them i Heavy Arrivals Reported. |new road in Okluhoma also. wus s Govt & s H othing to watch; nothing to worry it T sought’ today by’ the Atchison, To- | ome Furniture . about; no fluctuati f vali Shiploads of this produtt are being | poky and Santa Fe. Tt proposed to STANDARD OIL ISSU e lime lo dave Ol ERORIAC A COn 0L eva i ; ©nloaded at Philadelphia. The Amer- | iy ™, “pranch from Kaw. Okla, info Sy 1 o a branc 5 g Divid declarations: Brooklyn { ’“m".’ix'l‘}‘m'ia o secaturs ne = O Amer, 01 Ed(:\‘::| if:,‘;‘“pu;y",::e;::ed the rroe‘:gulur Is Now ‘SAFE INVESTMENTS sold | & he aliroud Com YL - 5 sour tind to o R < MENT i ing on their heavy eariler purchases | ssked the toduy o au. | 100 Continental Oil mew quarterly 2 per cent dividend. Globe 2 ot alas hd I it But the Cuban growers, having. dis- | fieg e e D 20 Euteka P L_....... 1 Automatic Sprinkler Company de- | €€ Fram %0 1o 3300 ou D C. real eptate, s the WITH A osed of part of thelr trop at MIEh by cnd cquipment drust cortificates | 50 tnlens Steval G Automitls Burinkles e household goods_or chattels per i ures, are adequately financed an e i = umble new clared an initial vidend o cent” interest. No brokerage churged - o - > > 7 Y el P il ~ngw are able to hold the emainder Taeeracil | EEREERS RO o RO x cents a share on the class A stock \in explain ur met sg'vj;.rlnn-ln- ;-- -l-k IVIDE MARGIN OF SECURIT) i ?x!x T;n‘irm?nw :?‘:ga:s({:‘v;u!:\.!fhn('“l‘hr H ] LA l("‘x“ o Century Ribbon Mills declared the ssue of Stocl i Toulsiana crop have fallen oft | % Rarooris Pet - 31 regular quarterly preferred dividend Being Itecelved Paying 6 and 615%. % it v. 4 = . 00 Ohi [ 58 cen enes & + 7 i slightly. R cO lWOD’TY NEWS | 100 onio 011 new h;‘ — Of 1% per cent. General Asphalt pre S[l"”, 32.50 p"Mond, f As a result of all these factors, ] I § 20 Prairie Oif & G 4 ae 3 % : S refiners now find themselves with WIRED STAR FROM . 10 praimie P U deTy 101 forred: dividend of 13, per cent was v v y EQUITABLE BUILDING (PAYABLE SEMI- heavy supplies of.fairly high cost | v ) y ) 30 South Pexn Oil . 1 eclared. e — Q 8600 8 O 1 NUALLY ) 1' sugar which the trade is buying on a S RN > hope : . 100 8 0 | New York Lunk clearings, $663,000, ’ . < hand-to-mouth busis in the hope of ENTIRE COUNTRY Wfla:}l{m:nu-t} 1000 New York bank balahces, $5 ; l ¢/70 Prefe"ed st 915 F St. N.W. Shannon & Luchs First Trust Notes n 20 8 0 Nebrasku.. SRor > : L T oS sl 8008 0 X ¥ wew Dark credite, $45.000.000; Boston bank || Of the Lenos Omce Buriding own JONN JOY EDSON, President .hope by the maneuvers ‘of one com- pany as “the bad boy of the sugar trade” in making occasional reduc- tlons. Competitors assert that these decreases are not to be taken at full fuce value, as care is taken to limit the amount sold to each buyer to less than his requirements and to serve buyers in as widely separated,fields as possible. 10 8 O Ohio. ... office building knows 1800 Vacuum OIl new.. INDEPENDENT OIL STOCK sperating tie 7-st SAN PEDRO, Calif, July 24.Oil FRANK P. RE shipments to the Atlantic coast by the Panama canal dre averaging 150,000 barrels a 'day . i CLEVELAND, July 24.—The Chand- | ler and Cleveland companies reached | the peak of preduction in May and to- clearings, $52,000,000 Built on a Straight Line of Return Not a Fluctuating Value Sold in Denominations of $100, $300, $1,00¢ i FULL INFORMATION | Norfolk and Western's operating in- | come -first six months, computed on formula, indicates annual rate of 11 per cent on common. against 11.4 five months and actual earning 10.7 per cent in 1 Sales in hundreds. 5 Barrington Oil Boston Wyo Of 'Lenox Office Bldg., 1523 L Street Northwest 000 muthorized £20,000 sold in advance of public offeri Req:ainder for sule dt par, $100. Money to Loan ANY ot ! AMOUNT rv ities Service prd B Judge Knox, In federal district court Beet Sugar Awalted. day are running on lighter seasonal 2 Cities. Service B ofs 2% Huttalo tidday hasiEwards sate ot FEATURES. 1 ; o schedules., The Peerless Company -1is {$2,000 Citles Serv B serlp 5 Sl e %100 preferred dividends, 107 . i e Then, also, the trade is waiting for [ R/t By (1€ 0= C €t ¢ Under the | 14 Creole Synd -.ss-. wpWillys Overiand common _stock 't s "equally in Common Sto ufncturers’ Accounts, [y the beat sugar yleld of the western i ¢ for the first half year. H Derby 0 & R w nomas racy, representin Ohl Dividends. g t-Term First and Second 1 stdtes and the product of the Loui S Il Engineers Pet . initerests. ¥ . n""rehrrnd 8s 10 asseis after Ist trust Mortgages or Approved Col- \ . o 2 5 e ar- SE. 3, 24 —A ts {2 Gen Pet ..... —_— y. - Interal. Towever, it is the housewife who is | that ‘the bulk of this business has been | g ifudion Ofl .. B o e B OBJECT. merican Finance Corporation || Since 1906 [ the dominating -factor in the lull “in|]taken away from the’ Japanese vessels 1 Humphreys Ol 3613 ,r_m‘ml‘l" » N |E =y Pg’““m “!m The proceeds of this sale Commercial National Bank Bldg. || # = s e O a1 | D Uners i BHtiah joWRes | o8 JINRos Jie = o B | iaint hui. e sty e [l DY W e o | MORTGAGE DEPARTMENT ude is not basically e ; s Kesntons Ranger.. - s 4 nodeling rest flours inclusive, sidered or & cussed meet expenses 1 to arposcs 2 Marland 10 Maracaibo Oil 3 Mex Oil of sugar, accerding to Robert S. Wins. ‘more of Lamborn, Hutchings & C 713 14th Street N.IV. for Goniigss i Property Owners, 4.—The Missouri oflide * sugar traders. Pacific is in the market today for sixty 3 S | ’ sTOC! TR 1 2 i ! Consumption undoubtedly has fallen | new steel passenger -cars for through :}fi‘,‘{,‘;, e BOS"_:;"‘"J‘U“_ "-::“_ ':u"l'xx‘:; "'1 i Exfl;(Ay\ A-drm e g Attention! | e — oft,” gald Mr. Winsmore, “but I do not | main line trains and seventcen stec Soble 01l & Ga b oo, JUly M- rollowiue e s lint owners of this buildiug 7 o Ii your Rental Prop- ! belleve that the price of refined sugar | cars are being built for suburl rge return to individu 2 Peer O R StDEN orp. fs the main cause. Only 40 per.cent|ice. The equipment will cost $2,6 31 Peun Beaver O Prices for. the most active stocks dealt |§ rather than stand the excessive cost of -rties are no sl % R R nn il Tacows. 3uy 3i—Cepiec shiements 4 Eee Chaek new ieere Migh. T A Nioe couinn e s klnwr e nu!] producing { fcan- household in 'the for ACOMA, July Z4. o s Lok b Low s i iy Granulated or powdered sugar, . The | from Alaska now are on a basis of 120~ § Santa Fe 0 & Avmeek o il the best results we sug remainder is consumed in the form of 000 tons a year against $4,000 tons in [ . 3 Sapuina itefin ... st - | west vou consult us. i Gl EDGE SE URI IES cake, candy, sirups,. soft drinks and |1922. " 13 Beaboard Ol1, Amoskeas il ¢ 3 : I I. ‘ I other manufactured products us Oil & Ref, Roston El We specialize in 5 01 “An increase of 3 cents a-pound | SPRINGFIELD, 1IL, July 24.—Since e : 2 would mean-an sddition of lcss than | July 1 the mines of the fifih and ninth | ! ! 7% First Mortgage Notes 12 cents a week for each household. |llinois districts -have ‘been .working | i Secured on Improved D. C. Real Estate Appraised by Experts of 35 Years’ Experience Withot Offered in Denominations of $230 and Up bout one day in three, which is an im- provement. Delivéry ot coal for domes- | tle uses ‘in.the middle west is bging hampered by lack of men SR In view of the present prosperity, I do not believe cents a week would either induce an American housewife o buy suger or to refrain from buying 5 Conl Hood Rubber . RENTS CON Offers of $3,000,000 and $3,500,000 I i Capital & Surplus. $2.000.000.00 nal Baok—1 at 650, 1 loans, 5 and 6 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. - Winoné Wolverine 811 Vermont Avenue N.W. 1 Glen Alden Coal... 1 Inter Contl Rubber . 2 Kesstone Solether 1 Lucey Mfg 1 Mid i - Insuring a Steady Income I'here’s no income so cer- it. But, whatever the cause, she is = 3 { e el - i buying les NEW ORLEANS “July 24—0rders at | 11} 4 s i SNy i A Good Investment i Washington Stock Exchange. |5 oot ani somens 85 peslonnd’ & iera e = A" W et | WILL PURCHASE * e . feet wero ordefed, €3.658.210 ‘prodiced | Britdm T Co res. 5 ‘E ‘m;PI‘ Dol H Mortgage Loans i | Shipped. r= on han - 2| H : Washisgton Gas 5s—$1.000 at 835, $1.000 at | Monday ere 250,885,085 fect. e s e 3% £ One Million Dollars 2| 1412 Eye St. N.W. First and S d Trust Not e gt L P : Soatirupa ipe oy £ 14 & H Streens = Phone Main 2100 . ceong ixust ;Yotes . 1015, 31000 st Fo15, 31000 ac 101 3 Clevelund Auto - s i % | S nnE -'{|| Warehouse Receipts and Make Construction Loans s S ) 0 oo | WILLYS-OVERLAND oy e e | Ry P e eter Lty beto vt o1 : : Cortian aero .. P i ! . arron cats. TROL AT STAKE| | g% i RIECN 5 i National Mortgage & Investment Corporation bt | ! 1 | for 940,000. Shares of Willys Corporation Stock“ le Co | EX-DIVIDEND TABLE. Atchison, Topeka & Santa Fe, q. i Peerless Mot . 18 Radio Corp . Amerlean Tel. & Telga. 4s. tain as that represented by American Tel. & Telga. 41 { 13 Radio Cofp Pl ] n Am, Tel: & Te By the Associated Press. 8 42 Rewdiug Coal I i y the interest accruing on MONEY TO LOAN 1 Am] Tel. & Tel BUFFALO, N. Y., July 24.—Control I e Al H ds ‘kept in a ti ied . - o 4 ¢ the Willys-Overland C tion: 4 Reo Mot . Amerfean Can, q... 3 unds kept m a time-tried, Anacostia, oISt Yepana [Cospuntlo 10 8o © & T new. Brasilian Tr., L. & P : iterest-pay Lanl Ciaiiet G™a"F. Telephone was sought by two groups of stock-| Tehn Blec Power Colorado Gax & Eiee. : H DicTESt DaNINE DI, TSUcTigy ON . € &P Tel. of Virginia 9 lholders in federal s 1 Tob Prod Exports. Tntertype Corporation; q. ~as o as thi i E Gapital Trattion It. R. ys |holders in federal court yesterday 1 Toda siip z New darsey The o s 1 City and Suburban e, When bids .were réceived by Judge 3 Uni Retail Norfolk & Western D D100 7 Better a- moderate i Ons st € 3o 1 1 i erate interest “ A1 - e poitan I 1. On JohnsC. Knox' for, dbout $40,000 shares et ( e e vy @ = 200 ] vield, plus 100% SAFETY, DISTRICT OF COLUMBIA AND Retmns e LA of stock in the’ Willys corporation, M1 Amaigamated Sugar lst pf. 00 th "' oseibl ]/. l"‘ e‘t 2 o Eoiomts Biine doh Wiisl dhhy 18| whioh fs in tho hands of =il 2 Arisosa Gloo Cop Am: Elalurorpr, . % i xl:ioughar‘i ,ke) ,‘:fi li.:":cn‘:m i ASE: N RESIDENCES . Fow. g m. 65 1050 101 A e highest casl was $3,500,-] 10 Belcher Divide ... Am. Soda -Fonntain, . . 150 Sy Iy ; D g, ) g Wasb., Alex. & 3. Ver- ou térested in one for $3,000.000. which | 18 Butte & Western. Am. Water Works & Ei: 79 bt .. 173 | 235 Deposits _ welcome _in any I ahington. Balto. & Annap. |provided certain advintages for the s Barden Co., & ‘4w amount—SAME RATE of interest oo hington (A 58.... first preferred stockholders. The .bid e Burns Bros. e c B ' paid on large and small accounts. I R A of $3,500,000 was from a group of | 3 contgental Mines . B e T A 280 . < i 51/2(: Interest Weal: w3, & Elec, g. . G stockliolders represented by & COM- | 33 Cortez SIver -ors.r Chi., Kt. Paul, Mpes. & Omaha, s-a.. 250 | . L 0 g p g mittee of bank creditors. - . 16 Cresson_ Gold CILL! St. Paul. Mpes. & Omaha Br. 84 3.50 MISCELLANEOUS. The bid of $3,000,000 -and other con- mma Silver . Detrolt United. 1ty 30 a ona o X siderations W:.\]s made by Thomas H. l:k;ficw‘:m ;‘;l‘::;:fi:-m: Tta 00 v | Beae behalf of - ortunn Mines g 25 e : Lot - oo N Wiine s roupheantty e 30 i Esducts i 00 56th Oldest Savings Depository in Washington H L RUST CO\IP %N\ 41 Thehearing “was adjourned .with- old Stute oo b (-t i %] Year Cor. 15th and New York Ave. o Lo = Wardinan Park Hotel 6 - 99 nxt L!lfcis;on by Judge ‘]:ingx, who said | . Sy 03 | Pitts. & W. V. 150 - y J Q =, the racy group wou! e glven an . 6 Hill T Nevada .. . .80 . 80" P . i STOCKS. o Dportunity. o increass ‘thes amount: 1 }{n‘mu:il;e:fl'x‘(.. s, |Hinciatr Conn. 01 bt }fi 912 15TH STREET N.W. MAIN 0888 : | OF their ¢ s ‘1.2 Howe Sund - uperlor Steel 1nt.pl., 13 —— Wi PUBLIQ UTILIT o b . o Indtpendeire s Ao |Suberior Siek 28 % . Amer. Tel. & elg : Stomy Davel 26 Wit Lenn b o % : . s LOAN CORRESPONDENT FOR THE PRUDENTIAL praction . ) : el ARGENTINA IS LOSING - F OUR E INSURANCE COMPANY OF AMERICA B : ‘ ‘ : IRST MORTGA Argentina has lost considerable’ . 1 ’ ground in the post-war competition | ’ WILL SAFELY NET YOU to supply the world’s flour trade, ac- | z : i cording to studies made by the Com- merce Department.in the course of its ‘general inquiry into agricultural ex- port problems. Before .the war - the | flour output of Argentina to eleven : countries which, took 38 per cent of | 1] its exports was 1,226,000 barrels, ; While in 1921 its exports to the same countries had dropped to 424,000 bar- rels, rallying in 1922 to 965, rels, I R The some countries, among which {were Great Britain, Brazil, Germany and near]y all the South American re. publics, in pre-war days took 4,915, 000 barrels of flout a vear from tho | United States. In 1921 they.took §. {968,000 barrels and in 1922 took 6,169,- | 000’ barrels. i For the Purchase of - TRUST NOTES and Collateral Notes Secured on Rcal Estate _Construction Loans Made at Reasonable Rates MONEY TO LOAN ON FIRST MORTGAGES - Phillips® First Mortgage Real Estate Washington’s best' Northwest Homes—all under 50% of the ready market value. Plus the maximum rate of interest, and the highest possible form of security, we relieve you of every detail. ¥ Never a Loss to An Investor AT CURRENT RATES OF BAVINGS BANK STUCKS, FIRE INSURANCE STOCKS: 26 Jackson Place s Sy ik 5 e e ‘ -Denominations $100, $250, $500 and $1,000 ; . - vl %‘% :l::fim!wf:s'smx& Real Estate, Mome and Gmmnty Corp. Write or call for descriptive booklet “S” - ; ! : %“u & & WILLIAM S. PHILLIPS iperican _Fire Insurauce. surance rooran Fire A A 01d butch Market pla Phone Main 1403 - First Mortgage Investments : - 1207 Connecticut Bienus 4ITLE INSURANCE STOCK S G 15th and K Streets N.W. Main 4600 > | Colymbis Titic cauce. - . - | Yellow Cab . Bosl Esiate ditle Lusuruuce. *Ex dividead, '