Evening Star Newspaper, August 27, 1923, Page 21

FINANCIAL, WHEAT POOL PLANS' MONDAY, AUGUST 27, 1923. ‘FINANCIAL. . |PEAK PROSPERITY A Better Article THE EVENING STAR, WASHINGTON, D. C. NEW YORK CURB MARKET ‘EXPURTS OF- GRMN Recelved by Private Wire Direct to The Star Office EDUCATIONAL. Learn Gregg Shorthand. Take private lessons from expert teachers.® 1209 Kenyon st. n Phone Adams 1388. se! First Mortgage Loans'_ Lowest Rates of Interest d Commissiol Prompt Action { PUT OFF IN GANADA; Delay in Flnal Payments Pre-! i vents Adoption of Big ! Marketmg Scheme. =z i © ROYLE. ns for marketing of the Canada must | Announc e.4 ement muhei' made | hoped | esident Al-j but id- not the —operative wheat for banner crop of Eo over nother year. ment of another postpo that cunmot this 1t t the plans, sponsored by 1 d of the United I rm o central 3 put into effect attained smentum Albe of the other provinees it cortain th be eftective season was W rmers of ling conld | at once while crable movement in ta prodice ned it to assure The plin provided Pool for cach b hourd Jo su = tor a separate cent with Aaron wine of 5 niu ng, lined the an expert went seh in co-ope Alberta and out- W while the gov- reported “ived 1t with favor, no of- tndorsement was given. Far millers and warehouse men we enlisted o serve comitiees brivgethe plan Lo completon, but it i5 roported in Ameriean grain circles that & nunber of these key men have recently e to ernment of the provinee is 1 have hetal on to signed ity Not Lost. the plan. how- sivoved. Reports that & concen- way in Sas- western prov- that the orzanization may 1 active operation by next sprin 1 prepared o tunetion in time for annual harvest in 1924, of the chief difficulties which the pereentuge of injtial farmers, many of whom waiting any sextended | their money. [t was pro- the grower 15 per cent ¢ - for wheat on tors and the bulunce the Shipping season accounting would be Many, farmers de- Wait | <everal per cent. In andings have operation, all Will be ironed winter from Duluth ted offort indicate ix under and other the o meat to objected pertod to Dosed 1o pay of the prevai delivery at eley the end of en complete vide for the months for addition, nisundd arisen as to detai of which, it is cxp out during the Pool Originally Canadisn proposed ) ning na Unwettled. it was proposed that the | kovernment finance the j Vincial pools, but this Pl with little favor from Dominion offic 1t was then pro- | 4 that 1 inces finance their et approval in tehewun, but Mani- failed indorse this proposal the Alberta 1 Saskatchewan agreed to advance the per eent of the selling ice to the farm- “rs on delivery af their wheat, it Cxpeeted that the system will be- Come eftective in those districts next Year. 17 such is the selling agencies are dle at least one burhels of wheat for about one-third of the nadian wheat which will ported this ar. American grain and elevat exhibiting little concern nadiun plan. as the <they do with Can ore and shippers fs so small as almost gible, Last year \me Canadian grain was handled in b bonded clevators f the Con- ted and Great Northern com- but this was o small to un appreciable effect on the sin situation in this country. It felt in grain centers along the “anadian bowler that wny pooling systems in Canada will_be privately organized and that the Canadian gov- ernment will not finance them or participate in their management. Would Do Same With Rice. *Similar movements are gaining mo- mentum in this country. The River ¥arm Bureau Rice swers' Associa- lion has just heen formed in Baton 1loyge for the purpose of marketing the entire river rice crop, approxi- ting k&, over a4 period of m four to six months, Ordinarily < crop is marketed within thirty It ix proposed by mills, for operation in case rough rise are not satisfac h case the central expected to han- hundred million export in 1924, amount of be ex- men er the | unt of dian farm- anies have T held in ory Louisinna, Texas and Arkunsas rice men also dre preparing tp form a rlce-export corporation to ehable mill- to obtain @ better price of for- markets by systematized ma keting. - plan calls for the issue of xtock on the basiz of the acity the mills involved. Sales will tioned on the s dolph Heeht, D of the ank of New Orleans, in | thix plan, said today that 1 come’ when the very the rice industry was at unless something were done. JUDGE HOLDS UP SALE | OF AUTOMOBILE PLANT: R the Associated Pross | SPRINGFIELD, Mass.. August 27.— | W So strong a vrotest was registered in | superior court today by less than | 20 per cent of the ereditors of the! Stevens, Duryea Company, automobile | manufacturers. against the sale of | he company to an unnamed syndi- | ate of creditors. saild to have pur- | chased 80 per cent of the claims that Judge Irwin ordered another hearing ptember He instructed the re- ers. . haw and H. G. Fisk, to give an ounting of their re- ceivership next Tuesday. The offer for the plant was $430200 ——————— BETTER CLOTH DEMAND. H. Dry Goods Week Starts Out With | w: Broader Inquiry. a1 Dispatch to The Star. NEW YORK, August 27 week opened with cotton cloth market. It was believed ! thut @ substantial start had been made toward cleaning up stocks piled | up_through the dull summer. Sales! were light, but the demand had broadened. ' Print cloths were quoted 4 by 60, 9% cents, and 68 by 72, 11| cents. There was firmness in pajama | checks and sheetings came in for | greater deman Oriental raw xilk both here and in| Yokohama went up slightly. Yoko- hama reported about 600 bales sold to- da here. WOOL PRICES SHADED. Dealers Holding Stocks Until After| Labor Day. | Special Dispateh to The Star. BOSTON. August 27.—There was Jittle activity in the wool market to- day. What selling was done was ac- complished by shaded prices. Mill buyers apparently were trying to bear the market. Strong dealers were still holding their wobl believing it? will be easier after Labor day to get asking prices. Territory wools were generally firmly held. French comb- thg wools were said to be rather more | active than other grades, fair sized | lots having been sold at $l. clean basis. —The new optimism in —_—— Mile. Lucille Tinaire, aged twenty- four, just admitted to the bar in 1 the | sates Trading was moderately active | ! BY WILLIAM F. NEW YORK. August 27.—The dull- |ness again characterized the curb laeTines toduy. The public appeared to be out of the market and pro- fessionals showed no disposition to do much. * There were no develop- mentx in the ofl situation except an- mouncement that an Independent mpany had reduced gasoline to 15 ents 4 gallon in the Louisville dis- trict. Stundard of Kentucky direc- e expected to meet later in to discuss a reduction. Stand- ard of Kentucky is quothng 21c a gal- HEFFENRNAN, {on. I'rice movemgnts in oil shares were hardly warthy ‘of note. Standard of Indiana moved up fract and Ohio gained a half point. Ken- maliy, The tucky dropped off a point to 86, but firmed up slightly later. A_special meeting of stockholders of Standard of New York has been called for September 12 to vote on the roposed increase in the capital stock. Fhe plan provides for an additional $10,000,000 of the present $225,000,000 capital stock of $25 par value Humphreys led the independents, és- tablishing a new high for the year. Low priced mining stocks continued to lack interest, with a nmjority re- |matning around their hottom figures. |Fortuna was dealt In at 13, Arizona |Globe, quoted as hikh as 85 at one time, Is now belng traded In between § and 10. Ray _Hercules qhunged hands today ut 75. Centrifugal Cast Iron Pipe and Midvale Company were the leaders in the Industrial section. Active huying in_ Chicago Nipple class A sto suited in' an advance stock did nothing. Coul Are————— NEW YORK, August 27.—Following is un official 1ist of bonds traded in on the New York Curb Mar ket today: BONDN Hah .. 0 b g . 91 9714 o0ty Clase, 0 0 I 14 Allied 4 Allied Packers Packers 8y, W ?x 31 Am T & T x 18 i Detroit 10 Fisher 1 1 Vacuum 0N 75 FoRE King of Nether fis Mex en - Nwiss Govt KONDS 1m0 Kty on) TNt Seow il STANDARD O1L 10 Buckese I 1 T Continent O new. § Camberiand P L. 0 & R new Colad 8 et Ol new... . Ol & Gus.. ,. m On new. INDECENDENT OIL STOCKS. umdr 1Ak Nat Cit Serviee,. Granada Ol Galf ol of Pa Findson 0il Humiphreys 0i1 Keystone Runger Kirby Pet on L t Prod Mutual Oil Vot ¢ Omar 0l & Gay. Penn Reaver Oil i Penock O} oval Can 0 & i k ew..-.. ulpn Refin’ 000 neard Ol hern &R Statex 0l man 0l INDUSTRIALS cme Coal new Multigraph (o Ar & Coof Del pfd K1, Hrit-Am Tab Con 1 Brit Intorn’l Corp A 1 Rrit Inter 1R 3 Buddy 2 Car 1, is 10 {Washington Stock Exchange. SALES 8300 at 91, $500 K & ref. bs 1933 ion ' 0 Electr AFTER CALL Traction Company—10 at 101 El . Bs 153 Capita pital Traction Souey 00 at 94 all loans, 5 and 6 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. Bid. rican Tel. & Tel rican Tel Tel. & 02 101 971, 55 116 o7 ] 23 Telephone of raction R. R. Cily aud Suburbun Georgetow I4 s st Wanli. Wash., Balt. & Annap, Waxhington Gas 3 Wouhington Gas_ s, asi. Ty, & Elec. 4 Wush, Bwy. & Elec. g.-m. 6 MISCELLANEOUS. STOCKS. PUBLIC UTILITY. pita Washington C"wi & Elec. i Co. com. 125 Capital I Columbi ! Commere Districe Federal- American - Liberty - Kational 3 Ttigs Rigge N ond ations! Merchanty Tnion Trus Washington Lot SAVINGS BANK. metce and Saving Fort"Washiugton Ba Security Sav. and Com. Awerican Coreoran wen Nitiona) ' Uiitos TITLE l'(!UBAVOI. it e Tith MISCELLANEOUS, Columbia Graphophone co Columbis Grephophoue pfe. D. C. Paper, pfd. Merchants' Teansfer & Storage. 100 Mergenthaler | Lisotype. 158 1d Old Proteh Market v Lanston Monot: Columbia Real France, is the first woman to act as |3 ¥4 seribe at the Parly conference of lawyers, 31000 | e ! B 1 Cent Teres Muns Tne w i p Co of | & |I \\~ MINING Belcher Exte: Cauario Copy Cundelarin Min 4 Continentn’ Mines Cons Cop Mns 1 ofs Cortez, Wosw 2 adeon diis Hill Top” Nevads Hol Mininz Lone Ntar Nutional Tin ion o, Nevad 3 Niphein O ( Kax pper Hereulex 1 Flory Safida Minex Sandatorm Kendui ilv Qu Mives Corp silver Siearhead i o Tnited Ve UK Con new w i West End 10 West Ttan Market Flashes at Today’s Close The United Sta vey's estimate on bithminous coal in the August was 11000000 Anthracite production Imately 2.100.000 tons. geological production sur- of weel net Was approxi bank clearings §35 ork_ bank balances $691, York Federal erv'e 000,000, Boston bank 060,000 New 000. 000,005, > Bank credits clearings, $43 York Daw. has given permission (o Gov. Tjeda of Vera C'ruz state to embargo whole of | Cerro Azul property of Mexican Pete I Company to enfore payment or state’s claim of onc-fifth of und of ciiy of Tuxpam claim other one-Afth to an- able outlook for is expressed that pr hottom. Thix view w tion of leading ing 15 points su and a pound Davison's further rise induced sym- | puthetic strength in U. S Industrial { Alcohol and in Barnsdail issues because [of the interest of thesc companies in line mixtures. declared nts on co R arterl efetred, able October eptember 6. rterly divide r $30, both Kennecott declar, terly dividend of 7 d regular cents quar- Private wire advices state an in idependent in Loulsville has b velling soline for 15 cents a gal fat service stations and Standard Ol | of Kentucky will hold a mecting this ' afternoon discuxs® changing of | price from 21 cents. New Haven's net operating income first seven months on Daw. Jones! formula indicates annual rate of 74 or first six months, and 1 9 per cent of charges. TWO0 NEW LAKE BOATS. LORAINE, Ohio, August 27 (Special).— preparing to launch twin passenger boats early in September. They will be ' the largest vessels on the great lakes! gation Company and will enter passenger and packet freight run tween Detroit and Buffalo. BOSTON STOCK MARKET. BOSTON, August 27.—Following is a list of today's highest, lowest and the dealt in here: Low. iy High. Close, Allovez . ..o 004 Am Tel & Tei! Culu & Ariz Calu & Heela . Copper Range | Bant Butte ern B 8" North Butte . 014 Colony Creeola Pacific Milis Juine fhoe Shoe Mach pid Swift & Co Bwift Tnternat . U8 Smelt pfd Yentura Oil Wolverine FOREIGN EXCHANGE. By the Assoclated Press. NEW YORK, Auguet 27.—Foreign exchange irregulur. ~Quotations (in United States dollars): Great Brit- ain, demand, 4.54%: cables, 4.54%; sixty-day bills on banks, 4.51 15-16. France, demand, .0569% ; cables, .0570. Italy, demand, '0433; cables, .0433%. Belgium, demand, ' .0464; cable; .0464%. Giermany, demand, .0000001 .00000018. * Holland.” demand. ablex. .3930. Norway. demand, Sweden, demand, .2660; Den- mayk. demand, .1854; Switzerland, de- mand. .1806%:: Spain, demand, .134 Greece, demand, .0195; Poland, de- mand. .000004% : Czechoslovakia, de- mard. . .0295: Jugoslavia, demand, .000105% "Austria, demand, .000014% Rumania, demand, .0045% ; Argentin: demand, .3237; Brasll, demlnd. 0921 Xunu;d. 97 19-32, I _‘, & ended | Jones says President Obregon | property | Wall Street is taking a more favor-' opinion 1 on stock of record | per cent of fixed charges, agsinst 68! actual | { The American Shipbullding Company is | for ure by the Detroit and Cleveland Nav- | closing prices for the most active stocks | DROP DURING WEE . Decline Largely Due to Fall in Amount of Wheat Shipped Abroad. ! Grain exports from the |States last week totaled 4 tbushels ag compared with 4 1 bushels for the week previous, The falling total was due princi- United 30,000 | wheat sent abroad. The tot for the rompared with those for the week | eviou: E pade public by the ment, as follow vushels, against aainat barrels, against 2,000 hushels. 22,000, against | past week, as ; flour, barley, 000, oats nograin in tr f nxit 418,000 bushels, cuntedy i BOY.DIES OF INJURIES. Was Fatally Hvrt in Attempting to Board Moving Truck. Ilvmhluu. six- who was x over by a attempted o n, died at rning which Invelved of the boy's Lynwood 1 weh injured when r maving (ruck that he hoard Saturday aftern Casualty Hospital this ma A delicute operation, | the cutting away of son Iskull wa ™ pertormed at the hospital in an effort to save his life, thody was tuken to Scott's funeral | pariors. 404 Sth street southeast { whe © will be pending the | coroner's ingu —_———— WORK OF PICKPOCKETS. Oue Victim Loses $50. Another a Watch and’ Chain. | W. L. Kenner. 1416 Ingraham street, was the victim of u pickpogket while {in the waiting room a: UCnlon station {about 8 o'clock yesterday, waiting to I board a train to go to Vieginia. He | was relieved of his pockethook e { i 50 | George Hirowe { northenst, told the Yobbed of his waich riding on a Lincoln K car between Dupont_Cirele and hix home hetween b vestorday afternoon | Hie H vilucd the stol | SEEKS WIFE'S FREEDOM. Husband Charges Woman Held by Police Without Warrant. ey of the 121 15th street police he was and chain while Justice District Su- oday directed that a < ecrpus be tesued, T quiring Maj. Sollivan, superintendent of palice. to show cause why M John Permon should not be produced in « and given h freedom. According to the petition of the | nusband, his wife. Rosa, was arrest- ed August 25, and is detained at the House of Detention. The petitioner. who i< represented by CAttorne Hawken and Havell, declures that he in not permitted to wee his wife, who | Was arrested witheut a warrant, it s ulleged hahe tons. | {FILES LETTERS IN ESTATE Mary R northwest letter W th wusband. Achi {tor of Lereh's “uning lishment. who die 18, e e Lt $134.995.40 ich §$103 real esta 19.40 porsonal property {in addition to the wife, are (wo son Achille M. wnd Roberi Burkiln. and ftwo da re. Mrs Mina Doolitile {and Sailic A, Burklin, a minor. -—— 0XON HILL TOURNEY DATE. and ball for the Burnabas Chureh will b Md.. tumorrow. Th n the Burkl todiy s test I\ of 1003 filed a pe ntary. in con- o1 her proprie L rklin, The heirs, A\ tournmment henefit of 8t Theld at Oxen Hi {winner will ¢ {tournament. The three honer will be crowned by {knights next to the winners. { will be on hand t nvey the visitor: (1o the tours leld maids of the three nt CAI.i MONEY HIGHER. i NEW YORK, August firmer; high low ruling rate, i: cloring bid offered at b3 : last n. 5t AnE HEAINSt accepiances. —Call money VISIBLE SUPPLY OF GBAIN w YORK August 27.—~The sible supply of American grains shows the following changes: Wheat {imereased 4,036,000 hughels i d 0 bushels. Oats increased ushels. Rye ine Barley inc se 000 bushe! AT e COPPER AT 14 CENTS. 4,000 | with The | Corn de-! ased £32,- ' WAITS ON EUROPE Much Greater Export Trade Needed by U. S. Industry, Survey | Declares. NEW YORK. August 27.—Despiite ! the strength of restraining influences | upon trade, both domestic and forelgn including the customary seasonal fac {tors tending to lessen uctivity, there has been only a moderate curtallmen recently In production and distribu tion in the United States, according to the Guaranty Survey, published toduy by the Guaranty Trust Com- k resipally to a decline in the amount of {pany of New York ‘A fundamental difficulty confront- {Ing American business is the depress- ' ed condition of the export trade. The ‘\u|l|n|l> of exports—allowance being {made for price changes—is running far below what may be sid. Inormal and has been less this s ,mer than Tnst. | values differ only slightly. “I'he migration of workers from ru- | ral urban districts will tend to effect a better balance hetween the | values of agricultural and industrial iproducts. The fact remains, however, that the capital equipment and the industrial organization in this coun- Py function adequately only un- ider conditions which result in a lax export trade. Not until Industrial pro- duetion In pur best customer regainy ximately normal eared for th feoy |the dendlock reapecting reparations. 1 COTTON GOODS WANTED. Upward Trrn& in Rew Material Is Helping Demand. CHARLOTTE. N. €. August 27 d price trend of raw cotton teristie since the of the government crop estimate hax quickened the demand for cotton { goods. eady price declines in the past three months have played havoe tton goods murket. Milis & compelled o drasticnlly curtail ations. The curtailment progra still in effect. but if cotton tinues te go up the market for < of goods will xoon hecome tive and the mills will be able to re- sume full-time operations The improvement in the. cotten zonds market has been noted prinei- paully in the demand for print cloths hut observers believe that buyers of all clusses .of goods who have been waiting for prices to reach the bottom are not likely to wait much-longer ——— TURKEYS ARE THRIVING. Texas Reports Splendid Outlook | for Thanksgiving. Kpec'al Dispatels to T SAN ANTONIO, August 27 —The Texas turkey today ix the hest in | veurs, Dry weather all summer gave he young birds u 4| to range and grow strong. and it ix belicved the sex between now and the holl- days will be reedingly small PEARS SELLING HIGH. Kpecial Dispateh to The Star TW YORK. August 27—Several | carloads of western Duchess apples lin bushe] baskets were received thie morning. The demand was rather Yimited and prices ranged from $1 to $1.25 for A grade, Zlg-inc d up- ward. * The season’'s firet carload of west- ern New York Clapp favorite pears | arrived today und best stock sold from § to $2. per bushel basket On the same date last lear Clapp fa- vorite brought from $1.75 to $2. The market was firm and active f tar i uithough the absolute . publication | fancy large sized well colored ! peaches, particularly of vellow va “Ues. Small and poor to ordinary fruit ‘dragged heavily. The receipts from wll Jersey seetions were falrly libera! Ra! ranged from $1 per bushel basket for New Jer- Sibertns, while a carload of ax- fancy stock from Virginia brought $3.25 to $3.50. queen of the! Busses | v at 10 o'clock from Ra- dio Corporation of America. Station WRC, the latest quo- tations will be broudcasted Rates by private wire from New York. Special phone, Foreign Department, M. 8222, The Washington Loan and Trust Company 300 F.Street 620 17th Stret August 27.—Copper, tic, spot and futures. ; spot and nearby, 40.37; Iron, steady 1 00: No. 2 northern, uthern, 24.008 firms spot, 6. Zine, st St. Louis, spot and nearby 6.45. Antimony, spot, 7.35a j14. Tin, ifutures, Lead Ex ery, be- | | NEW RAILROAD STATION. {Specint Diogat to The war LYNCHBURG, Va., August 27 i Norfolk and Western railroad has start- {ed crection of a 350,000 station at Ap- | lace the one ! pomattox, which is to re] iburned some time ago. The company. it is reperted, is also planning for elec trification of all switches between Ever- % | green’ and Bedford. LEAD PRICE ADVANCED. NEW YORK, August | American Smeiting and Refining Com- pany today advanced the price of lead from 6.50 to 6.75 cents per pound. —The ! 27.—The | {Il' When Buying Our | 7% First Mortgage Notes you get in addition to absolute Safety of Principle, a prompt. courteous service that insures collected your interest being All and remitted the day due. our loans are placed on the most conservative basis, less il|, than one-half the market ‘ value; guaranteed title ab- . stracts go with notes, whether large or small amounts. Apply Mr. O'Donnell, Loan Dept. Amounts of $100 up to $5,000 ifl available. CHAS. D. SAGER 924 14th st. n.w. Lean Dept. M. 36 OFFICIAL NOTICES. COMMISSIONERS, D. O.. 24, 1023, " Ordered, that an wdditional pars Scetion 16 of Atticle XII 'of fhe Folico ek alations of the District of Columbla, to read ax foliows: On Penusylvania avenue between {17th and ‘18th streets northwest, no vehicle (nhlll be rked more than one hour. CUNO ,“ RUDOLPH., JAMES F. OYSTER, J. | FRANKLIN BELL, Commissioners. D. C. OFFICE COMMISSIONERS, 1. ., AUGUST 24, 1023—Ordered, that Section 15 of Article | XII, of the Police Eulations of the District of Columbia is hes amended by adding Ilhu‘ln & new pc!l‘rl h, to be known paragraph (mm), to ren follows: (m: Newton_ street, northwe tween 14th and 17th streets. to be used for westbound trafic H. RUDOLPH, JAMES F. OYS- 'FRANKLIN BELL, Commissioners, PROPOSALS SEALED PROPOBALS WILL i) RECEIVED at the oMce of Bteward & McKay, MecLachien Dutlding, 40th and G sw. n.w., Weshington, D, until o'clock noon, September B, 928, and then publicly opened. for construe! ‘or mproving certain streets in Martin's !rlllhm- r 2, 8 and 4 to the village of Chevy Maryland. The OFFICE only. TE D, gomery _count emw of work ase approximately a 4,000 cuble yards excavation, /500 square yards waterbound mac. adam pavement, 6,000 square ~yards cinder pavement, 3.000 square yards Por toncrete Midewalk, also drainage and appurte- ant structures. ~All of the work In Rubject ‘the conditions and requirements pertaining thereto which wlll be furnished on application to Steward & Koy, McLachlen iding, Wathmirion. "D 0 CUSTIS " 8 Litigens’ npiies AUGUST | oney to an o m%l interest Joseph 1. Weller S5 Money to loanon D. C. real estate. 1st and 2d trust loans made ! promptly. Usual broker- - i age commission. See Mr. Robertson 9 to 10 AM., 4to6P.M. Francis A. Crawford, Inc. 9034 Continental Trust Bldg. at a Pre-War Price Our Service— RENTS B.F. SAUL CO. ‘Mortgage Loans 1412 Eye St. N.W. Phonc Main 2100 ATTENTION 'INVESTORS —If you have money to invest, why not have it secured by first and second trust mort- gages on real estate in the 15th Stres: ‘Money to Loan ANY AMOUNT Trade Acceptances. Warehouse Reeelpts, Mortgages Interal. American Finance Corporation u--!MnI Nationul lllk Bldg. EQUITABLE Co.Operative Building . Association Orxnanized 1879 434 YEAR COMPLETED Ansetn Surpius . Jon the Equitable and Save Sysfematically —~You will find our systematic pi the most effcctive method of s National Capital, where values are constantly increasing. We handle amounts of $500 to $5,000,000 on estate with are in position to improved real guaranteed title. 6% to 7%. Francis A. Crawford, Inc. Real Esta: Lo Interest a and Insurance 903-4 Continental Trust Bidg. Snhacription for the 85th Issue of Stock Being Hecelved Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. NW. “JOHN JOY EDSON. President FRANK P. REESIDE. Seey. Dean, Onativia & Co. Stock Exchange Building New York STOCKS and BONDS COTTON GRAINS COFFEE SUGAR MEMBERS New York Stock Exchange Chicago Stock Exchange Members of New York Association Curh * Y. Cotton Exchange Chicago Board of Trade N. Y. Produce Exchange Minneapolis Chamber of Commerce WASHINGTON OFFICE: Main Floor, Woodward Building Phone Main 2040 JOHN CALLAN O'LAUGHLIN Manager CHARLES R. ALLEY Assistant Manager National Mortgage & Investment Corporation 811 Vermont Avenue N.W. Deals in the Best Real Estate Securities. First and Second Trust Notes and Ware- house Receipts are purchased at fair rates. 7% First-Mortgage District of Columbia from Notes, Real Es a GOOD Offered in denominations $25000 UP. ate, are Washington's OIJest Nutrnmx’ Bnnl Intimate Acquaintance —wi velopments, th business conditions and de- acquired through long years of service, enables us to extend to our coun usually expected of an such customers helpful advisory sel in addition to the courtesies institution as this. {lOur officers are never too busy to give heed to your requirements. 37 TRUST SERVICE of Every Character Organized in 1814 Our Savings Dept. Pays 3% Compound Interest Nationa! Metropolitan Bank Capital, Surplus & Undivided Profits Over $1,700,000 15'.h St., Oppou!e U. S. Treuury—-lOO sz Old A Dependable Income A N income which comes in spumo&iclll\ is a poor thing to lean upon in the way of financial aid. You can not plan a regular life unless you are assured a regular income. To be disappointed when expecting to receive a sum of money throws temper and disposi- tion out of place. Securities which depend upon whether business is good or bad can not pay a fixed regular return. But when you purchase one of our First Mortgage Notes, you know ahead of time how much you will receive, at what time you wi 1l receive it, and that you will receive it promptly at that time without fail. This is certainty of income developed to its highest degree. Swartiell,' Rheem & Hensey Co. 727 15th Street N W. 54 Yean Wzthout Loss to an Inveitor CURED by Improved I ‘Thomas J. F'l.nlu & Company, inc. | George Washing ington University Law Schoel ‘ CorEduentionnl Member of Awsociation of Birlet wtundards. approved | method of inxt : l Full courses oraing wnd afternoon, Qptional morning classes Tel M, 03 _ Law Building, s % : VOCAL Terms mod. ; LI \'.\'l)f\'S i limited number. Ph, STRAYER’S BUSINESS COLLEGE Regixtration Now Heing Made e Fall Term #nd Evening Sessions Stenogranhy Typewriting Bookkeeping Accountancy Secretarial Spanish by Antive Tencher Call, Phone or Write for Information 721 13th Street N.W. (Next doer to Telephone Building Main 3430 i i ) ACE INSTITUTE Accountancy and Business Administration Gradustes o tho Tnw: {8, probensiomai Acre ndime H rnoon Iz elames a1 aralinbls, Teee e Main 8260 for Buliin TISG St N. W, Corner 818 S1., \Auh--n.- ‘Wood s School Established 1 Ll n\mnclll branc | See us in regani t Tall term | cOURT'F. W neoln 3% n Boptomber 4. A ubmu Principal ACCOUNTANCY Day nand Evening Classes Freshman Semester Opens Sept. 4 A Standerdized Prefessional Training Tuught by Professinoal Men | Thorough preparation for the C. r. A amination and Executive v . College Training and College Degrees Classen Open Nept. 17 Washington School of Accountancy “Y-ML- Advan 1738 M-K250 Vor Men and Women ~ MME. LUCIA BORDERI 'I“ Te-open hll ‘ellol lf lll ing Septembi |1, g &t i e idance. ffl' Send for " the yoar, RESORTS. ATLANTIC CITY, N. J. fotel ZLoraine Chiavles Pl & Beach. Fresh and sen elev rates. Conch at traine op. W_R. Lavion. Mer s T Conmectieut &Y Tdenl location: large, alry 31 Neptember rates. st season nent. J_P. & A M. Dyun TABORIN rooms.. Kpu “\ll' ANT- ON WEST RIVER AND Howtlog, bathing, tahing: spacious pofches. blg opendining roor, sonc for. da Write for booklet. S | hudy Side, Md. Phobe West River 21T-F-11 ‘OCEAN_C! HOTEL HAMILTON OCEAN FRONT J. L. MASSEY & B COLONIAL HOTEL On hoardwalk: rioning water ip every rosm. Pirsta bathe Hanklet. Ownerchip miassg 21. BREAKERS o, "menss, ne ] 14 runn‘ng water. Golf ond ensls. S ey TIMMONS,_Phoss 78 BRADDOCK HEIGHTS. MD. Hote! Braddock Rraddock Heights, M. miles fram Washington on National high- Beautiful ~ scen Moderate rates. room service unexcelled, Kundsy din- peclalty. _Special September rates. M. J. CROGHAN, Manager Braethorn Cottage Opp. park. Low rates after Sey e Sora e N by HESAPEAKE BEACH. e W HOTEL-—The coolest e on the beach: rates reasonable; good service: mot Boat for fshermen. Chesapeake Beach, ¥. G. NOLTE, Prop. ufi' nbnfi“’hz‘xfinxn AEACH. _ MD._STOP AT LETCH iington ave. amd Phila Foom and_ board, $3.50 Weekly rites. wene 73 Up Daily, Am. Plan, $16 U, 'ully COLONIAL HO’ Exclusively situated in whale m..u of shade with gradusl slope to beach and board- Wonderful view of the Potomac: elec ! fric lights, baths, -plece orchestra, salt water buthing from hotel, shower bath, dancing. rid Horsen. artesian water and an excellent e Thix resort hotel o Chiepest vacatlon within ew portation nnl}. 81, Hooklet. | BEACKINTOX E. Owner and Mae. i Idlewhile Cofll{e { country club 15 Tactiiiies unsurpassed. Wi VIRGINIA. _ i ie ember and Octomer are (he Twe ¢ Months in the Mountaims— Mone Your Reservhtions New. ryce’s Hillside Cottages Near Orknes Kpringn). P. O.. Macanl &m ges with nrhlug« hes u counfry's best home cooking. AN B RRYCE. Ows “NORTH HILL” A colonlal_resort nesr Bluemont on Shes- andoah river; valley, mountain and water Scepery; shadéd ground, drives. Oshing, bost- {ng, swimming: ew baths and sewerage; no iaan . lavaligs or ‘tubercalars” teken: 815 per Booklej. Maurics T. S udnen Berryeille. Vi 2 GREENW Large. waterfront cot Toughby Beach. ¥ 4 Wil __I_I_A__t!!!! [auln. W. VA HILL TOP HOUSE HARPERS VERRY, W. VA. Oer thirty years under same masagemest 00 accoust of -u‘ Crowds, when coaves- teat, plesse pl m Jund: I' >y Efik Wwfi HOUSE - u»A,r.nuu.nm ¢