Evening Star Newspaper, October 19, 1923, Page 31

FINANCI1AL, | ALLWOOLSUITS FOR §25 ARE GONE Present Prices, However, Will Not Be Raised, Makers of Men’s Clothes Say. BY J. C. ROYUI a1 Dispateh to The Star. YORK, Octoher well made, &pe NEW of the all-wool, S and $30 suit or overcoat is gone 10 —The da; well fl!\lshl-dg 5 | forever. { Manufacturers that only a rl‘»" sweat shop conditions of fif- permit re-es- i t teen vears would tablishment of such prices, according atches recelved by the writer from clothing centers all over the coun Nevertheless, the pected advance in men's clothing. which was believed inevitable a few months azo, has not matertalized, and it is the ade n to 10 dis today ex-| w sncensus of opinion of t that there will be no rise in for leaders prices even <pr Greater economy in factéry administration and manufacture, have stabilized Stri ment improved ai and o cthods of | thousanas. NEW YORK CURB MARKET Recelved by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERMAN. NEW YORK, October 19.—Oil shares again did better on the Curb Exchange today. Selling in consequence of the gasoline price cut announced early in the week had evidently run its course and the market for the oil stocks was showing its rellef. Standard of New York got across 42 where it was up over a point, and a similar advance occurred In Standard of Indiana, which was actively dealt in up to and above 56. International Petroleum was fractionally higher and 50 was Southern States Oll. Buckeye Pipe Line rose nearly a point. In the industrial section a further se occurred in American Hawaiian Steamship, this accompanying the u . NEW YORK, October 19. is an official list of bonds traded in on the New York ket today : Following and stocks Curb Mar- Sales in BoNDE, i .. 102 . o8 o 1001, 5 Alum 7e 1 1 Am Cot Oil ... 2 Am Gas & F Am T8 T bit of Del 5igs Hardw 635 Can Nat Ity Equ.Ta Chrconl Co Am 8. Asso OI1 g 3 it Serv Tx Cons Toxtile re & Co Tiaw. ol it Clis o T & Fisher thody air Ront 3 10014 W 1018 01 o the makers president | men’s cloth Price Company | haut swoeping | enabled | prices in of had Sectton to em- ! and workman- | higher 1 that | fes of Balti- that ir products despite this app more, it Is necessars Then the n got les: now re- | s1e work- | trousers for Toda cutter —and do not b hush $40, these minimun: fgures Wny one wants to Sce a retur such conditions as ob- | tained in t Ling trades a decade | and a half ago | Overhead ( Down. nan's statements met with | amons officials of such | n fir us Hart affoer Ros vald & Weil, the Kuppen imer nd othes i othing manufacturers real: Mr. Leema continued, “that d not o on W t deing @ volume of than we in th two or three The buyer opposition h we knew we could more business if we raised es. We wer up against hard Then | we decided to cut overhead as deeply as possible without sacrif s quality or output “We cut down on dous item twith rents levels. Manufacturers show factories retained onl olutely required: W most up-to-date labor- vin devices and machinery This required a large | , but it is paying for it- ve of Mr. L agrecment widely ki & Marx, House of larger had d vears such ths a tremen- | at present with great spa the room have put in the initial outls self. Conditions Best Ever. { “I should say that the clothing manufacturers of this country now are running more effictently than ever bhefore and as efficiently as any other business in the world. We have ab- sorbed the inevitable increases in ma- terial nd labor. We are getting the business. People are buying bettér an at any time since the post-war | 1 We cannot s anything on the jthing horizon but progress, so long as we watch the pennies in the over- head.” hatever other expenses have been advertising appropriations Makers and deal- are depending on newspaper ad- | “ertising to produce the volume of husiness they deem necessary to sue- cessful operation, and with most rat- ving results. WSpapers are earr ¢ a tremendous volume of men's wear announcements stressing qual- ity, style and workmanship, as well price. One New York paper, for “xample, carried this week in one {s- sue approximately forty-five columns devoted to men's wear, compared with twenty-eight columns taken up with feminine garments. v reduced, have not been cut COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY October 3 in the icturers are require- | backs command | lighter grades | ured bellies quoted at 18, with 10 to 11 cents. FRANCISCO, October 19.—A | sweel potato cr being | in the San Joaquin valley | Growe iving an | 100 pounds and already been SPHIA, acth but PHILADE buyers trade here, not disposed ments. Best 48 cents a no 44 0 46 oulders heads a to unic at and scoured SAN $500,000 harvested thia year. e about have shipped. JOPLIN, Mo, Oct containing about 6 of waste from fou tions of the American near here, been American e, Lead Company for $125.000. product” will be used paving material to bitumized chat. HOUSTON, Octo from west Texas, A dump .000 cubic vards opera- Navy mine, bought by the and Smelter This waste in making a be known as er 19 —Reports where “the eotton erop i% late, indicate that rains have reduced the zrade of eotton from | strict middling to strict low middling. Normal weather from now on, how- ever, would improve the grade. In other sections picking is So far ad- vanced as to reduce danger of dam- age from wet weather. ATLANTA, October 19—The larger portion of the assets of the Hills Mixture Corporation. which recently went into bankruptcy, consists of calcium arsenate. ‘The corporation manufactured & proprietary boll w il poison. The largest creditor is the old Colony Trust Company, with a claim of $450.000, secured by 872,000 pounds of the mixture. RECORD HOG RECEIPTS. ST. LOUIS, October 19 (Special). Total receipts of swine at the St. Touls national stock yards from Jan- uary 1 to date aggresate 3.123,577. The previous record for a full year's run_ was established in 1919, ‘when 534 head came to this market. Receipts this vear show an increase of 1,005,206 head. or 37 per cent, over those for the corresponding period of 1822, LIVERPOOL COTTON. LIVERPOOL, October 19.—Cotton— Spot, fair demand; prices easier, Good middling, 17.24; fully middling, 17.14; middling, 17.01; low middling, 16.54: £ood ordinary, '16.04; ordinary, 15.74. Sales, 5,000 " bales, "including 3,300 American. Receipts. 16,000 bales, in- cluding 15,700 American. Futures closed firm. October, 18.9! December 16.44: January, 16.2 16.01; May, 15.74; July. 17.3 tAm Nt e 100 0614 STy P iy Pow & Lt rv X J 78, v El Pow Reading Coal 3w, SONYTs D105% TN RS ) Vacuum Off 7800000 108 FOKEIGN BONDS. w3 o 5130 [ 0y 81 33y 9 Gov of Argent fis w | 83 King of Nether s Mextean Ruxsian ¢ STANDARD O1L ISSUES 1413 2 0 33 Fi3H 131, 4 Anglo Am 0fl P Y 1 oi Him Ol & Re new Imp Ol of Can airie 04 Prairie P 1, Sonth Penn S 0 Ind S0 N Y n 400 Yacnmm 01 Sales INDEPE in hundreds. Carib Sxad itlen Service pfd] Serv ptd 1 S1L000 Cit Serv C we $1,000 Cit_Sers xcrip 47 Creole Synd 50 Englneers P 10 Federal 01l 1 Gulf O of 80 Hudson 0fl Kevatone Ranger .. Kirby Det 7 10 Lance €reek 180 Gulf 01 0 R % 4 Marland ... 17 Mex OIL 5 MountProd 25 Mitual 0n New Tirad il 1 New Mex La T omar 01 & Gas!] 3 Penn Beaver 011 2 Pennock O ... 12 Roy Can 01l & Ret 2 Sait ¢k Prod Refin [ ates Ol Renger . x 0il & ¢ INDUSTRIALS. Leather 1 & = il 15800 2100 e i 5 0 .30 51 04 ot ofs w i 1 Amal 1Am 10 Am lian & @ Bridgeport Meh w i 5 Bkisn City R R . 10 Buddy Buds ... 16 Candy Frod Corp. 1 Celluloid Co 11 Chi Nip vew w i 1¢h Sip htrnow i leveland Anto ... o Pow & I m Co 3 T Curt Aero cfa dép 1 Curtiss Aera pfd % D1 & W Coal 2 Durant Motor Fed Telegraph Washington Stock Exchange. SALES, Washington Rwy. & Elec. pfd.—2 at 70%, 10 at_7015. Riggs National Bank—3 at 208%. Mergenthaler Linotype—10 at_159%, 10 at 1 . AFTER CALL. Continental Trust Co.—2 at 90, 10 at 90, 10 t 90. "“Capital Traction Co.—8 8t 100%. 10 at 100%, 5 at 100%. 10 at 100%. Money—Call loans, 5 and 8 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. Bld. Asked. Tel. & Telga. 4s. 0215 & Telga. 4%, Amer. Tel s L. tr. Of.ucee. . Tel Am. Tel. Anacosti Anacostia & €T el v C. & Telephone of . Capital Traction R, R. Bs. City and Submrbah s, Genrgetown Gas 18¢ G Metropolitan R. R. Potamac Elee Potomac E TPotomac Elec. deb, 0% Potomac Elec. ts 1953, P 100 Pot. Elec. Pow. k. m. & ref. 75 1008 Wash., Balt. & Annap. Bs... hibgton Gan 58... .. Nington Gas 6s... b Kowy. & Elec, 4. h. Rwy. & Elee. MISCELLANEOUS. Riggs Realty Gs (long). Riggs Realty G (short). Socurity Storage & Safe Do Wash, Mkt. Coid Storage an Park Hotel fs. STOCKS. PUBLIC UTILITY. merican Tel, & Tel vee 128% Capital Tract Lol 109 95 Y 88 88 963 94 9415 Potomae Guar, b.. 90 00% rmers Federal-American Liberty TRUST COMPANY. Amerlean Security & Trus Continental Trust... il %::f;:fi“filvln o and Tt S8 Unlon Trosti...... 13 Wash, Loan and Trust... 0345 SAVINGS BANK. Beventh Street. United States Washiugton Meehas FIRE INSURANCE, American ... Corcoran Firemen's . National Unlon.. TITLE INSURANOE. % R e orchants’ T Mergentnater Linotype. ol o i .K 5 4% 4 { Atw 2 | Alum! ward movement in the shipping stock on the big board. At 15% the stock was nearly 2 points up from where it had started Thursday morning, After having been checked twice as It |reached 31, Park & Tilford finally | %ot through that figure. At 31% it | was selling 6 points up from a week {ago. Dividend talk was the basis | for ‘the rise, the same as it has been |all_along. 'A few transactions oc- curred In Chicago Nipple rising prices. Among the low-priced mining issues there was onsiderable activity in Ohto Copper, the stimulance of the September pro- duction figurcs, There was also some demand for the reorganized Silver | King Divide mining, which carried ft | up several cenis a share. A few good- | sized lots of Silver Horn were dealt at 20 e 283 108, 9 19 1t 1 Dust Corpn. ritith, D W... 0 101 864 s NY Tel Park & Tilford Rudio Corp ... Rend Coal rts w Repett! Candy Reo Mot o €& 1 new Stude Wl Rtuis Swift hitl Swift & o baeco Prod ExD. . ad Ship.. 5 nitd Retail Cands. S Lt & Heat.. U 8 Lt & Heat pfd Univer Pipe w f.... Univ Pipe pfd w i Wann Mall Cast w i MINING Fxtens Mont R e s G e Caundelarin Miu. . Cop Canyon Corter. Sily Cresson Hardshell Min Harmiil Div Hecla Mine . Homestuke Ext . Tnden Lead Jerome VD National T wlin inion Cop. ndstorm Kendall. King Div Min. Hughes. Cash T Stiver United Ea T8 Cont n Unity Gold Verde ine & Mill Wenden Copper West End Cons West Utan 40 1 £ TREASURY CERTIFICATES. (Quota*ions furnished by Redmond & Co.) December 1923, March 15 Murch_ 1. e 15, 19 Seprember 1 March 15, 1 s |45 e 13s Aiss 4%s %3 445 § 4% 1% SHORT-TERM SECURITIES (Quotations turnished by Bedmoud & Ce) ~—Noon.— Rid 102 106 aRty 10115 1004 1kl 00 fnim Co. of Amer 1 1002 um Co. of Ame | Ay | Americ iean Tol. & Tei | Anaconda Copper fis 1029, | Anglo-American Ol Tizs Humbie 011 | Kansas City T Kennecott_Copper Michigan State Tel M., St P. & § | Morris' & Co. Penna. R. T 9 Sis St. Paul Union Depot 1023 Bears, Roebuck & Co. Ts 1923, Standard 0il o 5 Gian 10631 nion Tank Car 75 1930 Rubber 7'3s 1930, wtern Union Gis 1936 . use E. & M. 75 1 MATCH COMPANY PLANS ‘I $15,000,000 BOND ISSUE By the Associated Pross, 3 NEW YORK, October 19.—Arrange- | ments have been completea for the \isstie of $15.000,000 debenture bonds of the International Match Corpors tlon for the acquisition and construc- tion of match ctories in Mexico, South Ameries and _Canada, The Iseue, which will be offered by a syx cats headed by Lee, Higgl | Co., will be guaranteed by the Swedish Match Company, the largest manufac- | turers of safety matches in the world, | Ivar Krueger, president of York in connection with the proposed financing, the terms of which will be announced later. TEXAS WOOL ON SALE. Transactions Feature Today’s Mar- ket in Boston. Special Dispateh to The Star. BOSTON, October 19.—Sales of twelve months’ Texas wool featured the raw wool market today, sales being made on a basis of §1.22 to $1.23 a pound. clean. Large Knitting interests are still actively bu ;Quuncr blood fleeces have sold on a |clean basis of 81 to 83 cents, to $1. Some business in territorials has been done at unchanged prices. Pulled wools are scarce and are not quoted. ~Receipts at Boston Thursday were 809 bags of domestic Wool. _ NEW YORK DAIRY PRICES. NEW YORK. October 19.—Butter unsettled; veceipts, 17,767 Creamery firsts (88 to 91 score), 43%a 47; packing stock current make, No. 2, 30%a3l. Sggs _irregular; receipts, 16,207 cases. Refrigerator firsts, 30a32. Cheese unsettled; receipts. 34,154 boxes. State whole milk flats, fresh fancy, 26%a27; do, average run, 25a 25%; state whole milk twins, fresh fancy, 26%; do, average run, 25a25%. RATES ON BAR SILVER. LONDON, October 19.—Bar silver, 81%d per ounce. Money, 2% per cent, Discount ' rates—Short bills, 215-16 per cent; three-month bills, 31-16a 5% per cent. NEW YORK, October 16.—Bar sil- ver, 63%; Mexican dollars, 48%. —_—_— FINLAND AFTER GRAIN. PORT ARTHUR, Ont.,, October 19— Finland has entered the market for Canadlan wheat on account of fts erop faflure, it was announced today. The first shipment from this country is now en route. which was still feellng | 1% | majority of people who do not expect i [ matter,” saia Mr. Crissinger, . {ation the | - |Swedish Match Company, is in New [summer vellow spof, 11.90a12.50; Octe- & low-grade wools. | 1 and | three-eights bioods, clean, at 98 cents | tubs. | CRISSINGER FINDS CHEER IN OUTLOOK Reserve Board Governor Notes Passing of Many Grave Evils During 1923. By the Assoclated Pre; HARRISBURG Pa., October 19.— Presenting an “Optimist's Bird's-eye View of Business Conditions and Prospects,” Gov. Crissinger of thé Federal Reserve Board told the mem- bers of the Pennsylvania Stats Cham- ber of Commerce yesterday that cur- rent affairs of the world contain a declded preponderance of elements that are reassuring to “that great and who do not want either a mil- lennium or a revolution.” He added, however, that the “Inextricable” mix- ture of politics with efforts at eco- nomic rehabilitation provided serious difficulties and stayed what otherwise would stand as an unsurpassed record of world economic revival. Notex Caution in Business. “The final analysis of the whole s that the current year has been on the | whole a year of conservation and moderation in both business and poli- | ties. The greatest difficulty about economie rehabilitation since the war 5 that the world has had to has been deal with its economic problems In an atmosphere surcharged with poli- tics. Polities and economics have been Inextricably mixed. —In both business and the broad field of world relationships we find disposition to caution, to moderation, to patience and reasonableness. This should be altogether gratifying. “The situation may not be to the liking of those extremists '{: be- lieve things cannot begin to ¥t bet- ter until they have got very much worse. It may not be satisfactory to the opposite group, who belleve that by this time we ought te be in the midst of an economic millennium. Many Serfous Evils Avolded. Mr. Crissinger, tracing world affairs since the Versailles conference, sald it had taken the world leaders a long time to realize that the problems of peace were as difficult as the prob- lems of war. ‘But_we will do well to avoid too much of prophecy.” he continued. “Wel may, however, fely let our vision of the future take some tones from the| picture of the present. The vear 1923 might have been one of disasters. Many predicted it would be. Ther: \ight have been a huge convulsion ‘n near east between Turkey and It was avolded. There might been a Greco-lItalian war, draw- ing in half of the world. It did not lcome. There might have been revo- [lution in Germany, but there was not. The Anglo-French entente might have been wreeked under the strains it sustained. But it was not. Europe might have had bad crops, starvation, typhus, universal turbulence. These have not befallen. “Mexico might have had an explo- | n, invelving our own countr ln-‘ Mexico is in better posture than | for at least'a decade, and our iela- tions with her more satisfactory. It is needless to multiply cases. Lot us merely ep In mind how many of possible evils we have avoided, how much of positive betterment we have gained.” SAUNDERS ORDERED Former Piggly Wiggly Head Told| to Produce His Personal Accounts. MEMPHIS, Tenn., October 19.—Clar- ene aunders, former president of the Pigely Wiggly Corporation, now com- | Matnant In a suit seeking to have the | | affairs of the corporation placed in the ilmmh of a receiver, was ordered yester- day by C. L. Marsilliott, federad master | in chancery, to submit bank statements of his personal and special accounts from which data was®drawn in prepar- ing statements accounting for about $15,000,000 handled by Saunders in stock transactions. Saunders contends that In varlous stock transactions he acted as agent for the corporation. Attorneys for Saunders objected to the order and charged that the demand was made in an effort to pry into the private affairs of the former Piggly Wiggly head. Counsel for the corpor- argued, however, that Saunde Ishould include in his exhlbits, ban! | statements covering the transaction, and the contentlon was upheld by Mr. Mar- silliott, who at the same time anhounced that he would not permit the state- ments to be used as an Investigation into Saunders’ private affairs. i COTTONSEED OIL LOWER. NEW YORK, October 19.—With the | us figures indicating a consump- | Jtion of only.1§9,000 barrels in Septem- ber, crude markets lower and cotton and lard easier, cottonseed oil dropped |11 to 20 points vesterday. Absorp- tion by houses with southern connec- {tions and room covering checked the decline and at the close the net loes |was 10 to 15 points. Sales, 24,500 bar- rels. Prime crude, 9.25 sales; prime TO SHOW RECORDS ; 11.85; ' December, . 10.80, all bid. closed |ber 10.6: March, 10.50; THE OLDEST i i First Over a Quarter of a | Century Without a Loss | B. form of investment known. four thousand years of usage they are still conceded to be the safest form of investment. FURTHER GASOLINE PRICE GUTS MADE Standard 0il Meets Action of Gulf Refining Company on Retail Charges. NEW YORK, October 19.—The Standard Oil Company of New York has announced a eut of 2 and 3 cents in the retail price of gasoline to meet similar reductions’ made Wed- nesday by the Gulf Oil Company. The Standard Oil Company of New Jer- sey also announced a cut, saying it had met the reduction of 2 cénts made by the Gulf Refining Company at all points in its territory. Attorney General Sherman, who was dlrected by Gov. Smith yesterday to conduct an inquiry Into gasoline situation, sald last night that his office has been engaged for some time in an investigation of the gasoline situation DROUGHT THREATENS SOUTHERN MILLS Special Dispatek to The Star. ATLANTA, October 19.—Most of the textile plants in North and South Carolina will go on a five-day-a-week | schedule Monday, unless heavy rains before that time fill the reservoirs of the Southern Power Company, which sup- plies power to many milis of the southeast. “Nothing less than a water famine exists over the entire watershed,” an official of the company sald today, “and to draw further on reserves would imperil the entire supply of power the company Is fur- nishing to large Industries In this territory ahould the drought con- tinue, This development has been discour- aging to cotton men, in view of the curtallment at the New England mills. The south, however, continues hullish on cotton prices, in spite of the apathy of American spinners. It is pointed out that adverse weather conditions have existed in both east- ern and western belts for a week and that “dumping” and forced sell- ing by farméra has practically been eliminated HACKENSACK, N. J, October 19. 700-MILE POWER LINE __ IS NEARLY COMPLETED Special Dispatch to The Star. 1 CHIPPEWA FALLS |19.—Only two short stretches remain 10 be corinected in the 60,000-volt pow- er line between this place and Omaha. This 700-mile stretch of high-power | transmission 18 sald to be the longest, in the world and has been made pos- | sible by agreements betweeéen arv?r.‘ll public utility corporations working along power pooling lines. | Money to Loan ANY AMOUNT Reasonable Charges om Trade Acceptan | Warehouse Recel | Manufacturers’ Accounts, Short-Term First d Secon i Mortgnges or Approved Col- !| American Finance Corporation ‘'] Commerecial National Bank Bldg. ARNOLD AND COMPANY INCORPORATED. Capital, $1,000,000.00 Real Estate First Mortgage Investments 1416 Eye Street N.W, Phone Main 2434 Money to Loan Sevuree by firat deed of trust on real estate. Prevalling Interest and commission. Joseph I. Weller 420 Wash 1. & Trust For epositors we negotia through the Commercial Loan Finance Corporation. $50.00 LOANS on household furniturs or real estats 4t 8 per cent per year. Certificatesgof title, where neces. sery, are obfkinable at very reason- 2bia’ expense. BENEFICIAL BUILDING AND LOAN ASSN. Yi 2213 14th St. N.W., near Fla. Ave. TRRARRRAREANHERRIR Very Desirable Apartments. 1In excellent condition, eontaining two rooms, alcove dining oom, ifchenette and bat cated near 17th and New Hampshire ave Immediats postession. Reasonable rents. Boss & Phe!ps, X The elight rain of Thursday was not sufficlent the relieve the water famine In northern New Jers and the sup- ply has been cut off from hundreds of industrial plants. Reports from up and down the Atlantic watershed i ddicate a severe shortage of svater throughout parts of New York, Con- necticut and along the entire eoast from New England as far south as Georgia. 'The decrease in reserves howover, has not vet threatened the supply for dumestic purposes. PACKERS MAY CEASE EXPORTING CATTLE ated Pro<s, AIRES, October 19.—Brit- By the Ass BUENOS ish pan cease s here decided yesterday to buying cattle for export be- cause of the recently enacted law ompelling them to buy from produc- ers at fixed minlmum prices. The mpanies claim the law cannot be worked and that it is impossible for them to operate under its terms. They have notificd Minister of Agriculture le Breton that they will not attempt to do business until the law way is shown them to with the regulations. Although It is understood the com- panies of late have made heavy pur- ch: of cattle in antieipation of the law, their refusal to make further purchases for export |s stated to mean that shipments to Europe will cease within a month if the law. which be- came effective Wednesday. continues to be enforced. It is learned that the companies have notified their Euro- pean agents to cease taking and for- warding orde WALL STREET NOTES. Finnish Bonds to Be Sold in Lon- don—Record Sales. NEW YORK, October 19.—Cable dis- patches from London to the effect that a £1,000,000 Finnish Joan would De offered there soon led American bankers to belleve the proposed Brit- ish offerings explains the reduction of the Finnish offering in the United States from $13,500,000 to §10,000,000. Sales of the four leading 6 and 10 cent stores for September aggregated $25,197,405, a record for that month and an increase of about 11 per cent over September, 1822 A meeting of stockholders of the Western Pow comply vember 27 to vote on a proposal to reclassify the 6 per cent preferred stock Into 7 per cent preferred sto in settlement of accumulated divi- dends amounting to 13 ner cent. The offering of $8,000,000 Alabama Power Company first mortgage 6 per cent bonds has been subscribed and the books closed. The Francisco Sugar Company re- | ports surplus before dividends of $1,091,696 for the year ending June 30, 1923, as compared with $36,363 thé previous year. The Otis Elevator Company returned net income of $2.423,008 for the first nine months of 1923, as compared with ‘u_nn 482 for the corresponding period ast yeal INVESTMENT Mortgages are the oldest After Our FIRST MORTGAGES 1 —secured by income-producing real estate are further safeguarded by our Thirty years of experience. F. SAUL CO. 1412 Eye St. N.W. is re- | pealed or modified, or some practical | ’ 417 K St N.W. First Mortgage Loans | FOR SALE {| In Convenient Amounts | at 6149, interest !} Secured on Improved Properties i | JAMES F. SHEA || 843 Louisiana Ave. N.W. d American meat-packing com- | E HAVE FOR SALE NOTE: nations of $100 and upward, chiefly secured { in modern reddences. the vafue of which can i readily determined oven by the inesperi be 1 )y the inexperi hese notes are congervativels placed ;\mar interest at 6, 615 and pazAbl semi-annua! rehasers will find us reads to Prospective p cxpiain fully, whether they wish now or later SHOEMAKER N, LOTYS P 1470 New York Ave H Estabished 1876 ' e e—— IEQUITABLE Co-Operative Building Association Organized 1879 434 YEAR COMPLETED Amsets ... - .$4,750,763 rplus . RIEL X Y Profit By the Opportunity to Save —In times of prosperity it is wise to Tnv aside pare"of ‘your income As emergencs Tund, or Yo be gbie to Ernsp al'p'mnunmns that may be presented ster. IN DENOMI- Subscription for the 85th Issue of Stock Being Receivea . Shares, $2.50 Per Month EQUITABLE BUILDING H 915 F St. N.W. Corporation has been ecalled for No- | JOHY JOY EDSON. Pre; FRANK P. REESIDE, l-:y.n Central Northeast: Southwest: Northwest: FINANCIAL. SERVICE and SAFETY National Mortgage & Investment Corporation 811 Vermont Avenue N.W. Deals in the Best Real Estate Securitics First and Second Trust Notes and Ware- house Receipts are purchased at fa'r rates Its 7% First-Mortgage Notes, SECURED by Tmproved District of Columbia Real Estate, Are a GOOD INVESTMENT. Offered in denominations from $250.00 UP. Invest Your Savings Safeguarded First Mortgages They offer you 1. Absolute Safety. 2. Liberal Income. 3. Prompt payment of Principal and Interest when due. 4. Protection against Depreciation. All our Mortgages are secured on in-town Modern Homes in Northwest Washington. In Denominations of $100 to $5,000. Call, phone or write for Preferred List. T A N c HOMES COMFORT DIGNITY LOCATION SURROUNDINGS —and to continue our story from vesterday. When you buy, take the precaution to select a dignified home. It will add to its market value should you later wish to sell. These homes afe dignified by reason of their design, the ad- vantages of a natural setting and the pleasing restful interior. The design is Old English, with deep red irregularly marked sand-finish brick, relieved by cast ornaments and coping and the limestone entrance trimmings. These materials age slowly and require a minimum of attention, The fronts are located about fifty feet from the sidewalk and the lawn is retained at its natural grade with an easy approach to the secluded entrance. The entire setting is in a group of large trees The warm cotored oak floors, the pretty gray stipple-finish of walls and the old ivory woodwork lend a charm to the interior which it is difficult to portray in cold type. Comparison is invited and to inspect leave the Fourteenth street car at Ingraham street and walk west half a block, toward Colorado avenue. OPEN UNTIL 9 P.M. C. H. GALLIHER 814 Thirteenth Street NNW. CR YOUR BROKER In this space tomorrow we will tell the advantages of the locun'(m. Main 2404 Exempt from Federal, State, Municipal dnd Local Taxation Federal Land Bank 4349 Bonds Due July 1, 1953 Not redeemable before July 1, 1933 Price 100 and interest To yield 434 % ALEX. BROWN & SONS ke Oldest Banking House in the United States Baltimore, Maryland Two Facts-- ===M&]]&ing a W]IH. and .\ aming this Company Your Executor and Trustee —will prove to your heirs to be one of the most distinctive accomplishments of your life. -, Make This Month Your WILL Month MERICAN SECURIT® ANY 15th and Penna. Ave. Capital and Surplus, $5,400,000.00 BRANCHES N.W. 7th and Mass. AV%E 8th and H Streets ™ 436 7th Street SV: 1140 15th Stree N-