Evening Star Newspaper, October 24, 1923, Page 29

FIN US. LIVESTOCKMEN WATCH ARGENTINA New Law Halts Exports. Cattle Raisers in Panic. Larger Demand Likely. BY J. €. ROYLE, Special Dispateh to The Star. NEW YORK, October 24.—Beef pro- ducers, live stock dealers and packers are watching closely the develop- ments of the situation which has arlsen in Argentina, and which al- ready supply of beef for Burope. Export pments of frozen meat from Buenos \ires, which constitute a large per- centage of the Kuropean fresh beef <upply, are practically at a standstill 1f this condition continues for any length of time it will have a marked on the cattle and meat markets country . law was recently put into the’ Argentine government num prices which packers “frigorificos” must pay for cattl This law, according to the largest of e Nonth American, does not differentiate between the T for ttle and lean cattle, and forces w pay as much preportion- ately for the latter as for the former. result they have discontinued 1d shipments e Raisers in Panic. This has thrown the cattle growe of Argentina into confusion and al- st panic. their market is de- pendent iargely on the sale of frozen meat to Europea nEumers This naturally must the mand for Ar because lurope A This fact was fully born out today by officials of the American Farm Bureau Federation, who said: “Tt {8 to be regretted that any one at the producing end of the live stock business has to face such a situation at caused by the refu rs to buy South Amer] use of the law in question. . we here In the United States not know all the details of the ituation down there. It is taken for anted that the Argentine lawmak- “rs know what they are deing when they say buyers of cattle shall pay the same price for heavy that they do for thin stock. V. S. Producers to Benefit, “There is no question that Ameri- can producers will benefit greatly as @ result of the situation, provided it continues any length of time. The same effect will be felt by grower. in Australia, New 2 nd and other cattle-producing cou For Eu: rope_must have beef the of Europe's beef alwa nated in South Amer 65-to $5 per cent of th: ican beef been_ exy com- pared with about 15 per cent of North American beef. Under the present cireumstances the other produeing countries can pour their plua into and _that an better here fo Here- tofore the gres packer: have sent a prepondes products over beef to Arxente Market Unwettied. With the conference on the eation of the boll weevil at New Orleans, v y the meri ticides. the considera eme: up and many ks e been withdrawn from the mar- Considerable stress is b the effort of the state of to ubtain suppli e for re to Georgia farm- At 10 cents @ pound. Some deal- are holding off for higher prices, in case the supply available at_that price should prove inadequate fof the demand which is expected to be in- creased materially by the agitation now in progress throughout the cot- ton states, SEEK BETTER STOCK. . of thi A new effect by a v origi- ct from and urope cussing ts of In- et here said to placed Georg v Colorado Live Stock Experts Adopt Unique Plan. Special Dis DENVER, brecder g 1thori Todfes and the this week in teli to The Star Octobe 2 Live stock al college ommercial railr © united + unique enterprise to Lufld up pure-bred herds in Colorado, special train is touring the state i will make thirty stops at each of Which a thoroughbred bull and boar will be traded for scrub bull and boar to stock growers who will siga contract to use these animals for two years The scrub animals will be carried 1o the end of the trip to offer com- parisons with the thoroughbred types and will then be slaughtered. The Dreeders, who have donated the pure- tred animals, will receive only their percentage of the receipts from the salo of the scrub animals. RAIN HALTS VEGETABLE AND FRUIT DEMAND Dispatch to The Star. 3W YORK, October 24 ~~The heavy rain throughout the night seriously curtailed the demand for most va. rieties of fruits and vegetables on the New York city wholesale markets to- day, while at the raliroad yards and plers there was practically no . de- - mand. The fre eceipts from New and other states were exceed- light, but considerable stock ned unsold at the rallroad ter- The markets very dull. varieties ed_apples e ¢ MeIntosh nings of 1 continued xtremely limited demand dull and weak market. A few sales of “A” grade 2%-inch ap- ples were made, as fallows, per bar- rel: Alexander, Hubbardston, twenty ounce, Wolf River, Wagner, Jonathan, 53 to’ $4: greenings sold from $4.50 to $6.50 and McIntosh from $6.50 to $9. HUSKING BEES RELIEVE FARM LABOR SCARCITY DARETOWN, ., October Zf— The labor shortage that handicapped south Jersey farmers at planting timo remains to vex them during corn- husking. There is a big corn crop 10 be husked in Salem and Cumber- jand counties this year. So many farms are short-handed that old- rashioned husking bees, where neigh- bors help With the husking, are com- ing_back into popularity. Expert huskers are wages this fall. The best of them are getting as high as $8 to $10 a day. SHOE PLANTS MORE ACTIVE. BOSTON, October 24 (Special).— There has becn some falling off in orders for shoes in New England, but demand has held up fairly well. 'Em- ployment in the shoe factories is in- creasing. Leather prices are low and tanners have found it ‘difficult to se- cure sales at any advance. - Competi- tion is keen and the leather market is a buyers' market. —_— BUMPER APPLE CROP. SAN FRANCISCO, October 24 (Spe- oial).—All apple djstricts of this state Te reporting unusually heavy crops. ‘old storage plants at Watsonville already are filled to capacity, while Tehachapi orchardists are complain- ing of inability to get cars rapidly <nough to prevent congestion. In northern districts growers say - the rices are so low that they cannot afford to pick their apples. 8pe minal Most with th and gre to meet in a very having a decided effect on the | of pork | nt with | oing | s of calcium | making big | ANCIAL. NEW YORK C Recelved by Private Wire [l i . i BY WILLIAM F. HEFFERNAN, NEW. YORK, October 24.—Reallzing sales were heavy in Park & Tilford during the early part of the curb ses- sjon today. The stock at one time was down nearly a point at 83%. But offerings were readlly absorbed and in the afternoon Park & Tilford got back to its high prices, reassuming the position of market leader. Again there was no officlal cbllaboration of dividend reports, but the bu¥ing seemed ta be very confident. The new Hartman Corporation shares attracted some buying by those who liked a business man's investment and considered that they NEW YORK, October 24.—Following is_an official list of bonds and stocks traded in on the New York Curb Mars ket today : Sales in BONDS. thousands. i 11 Allied_Packers 8s. Alum 5 Anaconda 6x . Anglo Am 011’7} Ar & Co of Del ks, Asso Sim Hdwe 10 Beaverboard 8x 3 Reth Steel 7s '35 2 Can Nat Ry Equip 7s 10} Cent i ! 1 1 2 N 1 Tiood Rubber 1 Kansas Cv Term 1 Libby, MeN & I 1 Lig, W, L re es 1 Manitoba Pow 2 Morris & Co 7 1 New Orl Pb Ser ub Ser 10 Motor Prd 53 Phil El new wi 9w i 00 9915 Solver et C'e 1 { Union um 5 FOREIGN 15 Govt of Arg 6s w1 Mex Govt s . Russt: 1300 1000 100 Hum_0il Inter'l Pet Co Ltd nolia Dot Transit 1 ne ol PL S0 NY new X 0 Onia ... Swan & Fiuch Vacaum Oil new INDEPENDENT dreds. T Carih 1000 40 10 1700 8vnd Service pid B ofs . ¢ sorip 3 Citie T it Sery Keystone Livingston Lowrs 0l 1 Gulf States 0 & B { Marland R 2 Sapulpa Retin Seaboard Oil Am G & El new wi Awmer T, & Tract .. Archer Dan Midland yn Shoes Inc .. Brdgeport Mach wi 2/ Brit-Amer Tob_cou Rrooklyn City R R aba Co s erv ¢fe dep er ¢ & Radio Goodyear Tire Hud & Mann Hudson Co Inter Cont Rubber. Lehigh Power sec. Hart Corp new w 1 38 3 e £ 08 23 00 e S0 Standard Motor . Stude Wul Rub © SWift & Co...... Teun Elec Pow Tobacco_ Prod Expts Union Carbide ... Un Pt Shar new.. Ta_Retail Candy... 1U 8 Lt & Heat | P NEW RAIL OFFICIALS. Death of James A. McCrea. PHILADELPHIA, October 24.—FEli- sha Lee, vice president of the eastern region of the Pennsylvania railroud, with headguarters in Philadelphia, was today appointed vice president of tho central reglon, with head- quarters at Pittsburgh, He succeeds the late James A. McCrea. C. S. Krick, general manager of the eastern region, succeeds Lee. RAIN HELPS 300 MILLS. New Jersey Industrial Plants to Reopen Tomorow. HACKENSACK, N. J.,, October 24.— The heavy rainfall during the last two days has relieved the acute water famine in this vicinity and it wag announced today that the 300 industrial plants, which had been forced to close, would reopen tomor- row. The supply in local reservoirs has been increased twenty inches. NEW YORK DAIRY PRICES. | ,NEW YORK, October 24.—Butter stead; receipts, $,967 ~ packnges: , Creamery estras (92 score), 48. Lggs irregular; receipts, 12,008 cases; fresh gathered, extra firsts, 43a48; do. irsts, 36a42. Cheese unsettled; receipts, 137,294 pounds; state, while m?ll. flats fresh average run, 24%a25; state, wfl:le’ .mllk. twins, fresh average run, 243226, BAR SILVER RATES. LONDON, October 24.—Bar silver, 31% pence per ounce. Money, 21 per cent. Discount rates, short bills, 2 15-16 per cent; three-months’ bills, 13%a3 3-16 per cent. BUTTER HIGHER TODAY. CHICAGO, October 24.— Butter higher; creamery extras, 47; standard, 46% ; extra firsts, 45a46; firsts, 421ia 4315; secon 41a41! Eggs un- changed; reccipts, 4,560 cases. " | b i Pennsy Makes Changes Due to| PHE [MJRBMARlo(flET 4 had a promising one in a. stock | representing a stable earning power and returning nearly 10 per cent Chicago Nipple rose another: half point, but trading . was smdll Checker Taxi Manufacturing con- tinued its advance. At 33% it up nearly four points from Monda Oil” stocks did not advance much, but they retainedl the underlying progress which has distinguished | their market recently. Standard.of Indiana_was slightly higher, Stand- ard of New York steady, and Vacuum and International Petroleum up & fraction each. but then fell back. .Anglo-Amer- was a bit lower. Creole Syndi- cate gained % of a point to 2% on a considerable turnover. £ Wil Cor 1 pf cf dep XY 12215 Yel Taxi Corp N ¥ 1 MINING. Am Lead Zine Smelt Ariz Globe Copper.. . Tost Mont Corp ... 41, Cortes Cresson Grown Emma Slver Enrekn Croouus Fortuna ~Mines 5 Forty-Nine, Mines . oldfield Deep Min oidfield Florence. Hardshell 3 . Howe Independence Mason Valley M ational Tin 1111l © N Y Porcupine Nevada Ophir .00 . Sil Hork. . : Nevada Nipissiog Ohio. Copper Red Hill Florén Sandstorm Kendail. i1 Qn Mine Corp. . onbpah Divide Silver Horn M nolumne .. nited Eastern ... uited Verde Ext.. “onti new w 1 id . z Copper .. d Cons 3 Yukon Alas tr cfs, 10 Utica Mine Ltd... STOP DEMONSTRATION. Guards at Dublin Prison Fire Over Heads of Women. DUBLIN, 5 fired over the heads of wor strators outside Mountjoy I night. A wild stampede no one was hurt It is announced that there has been a great deerease in the number of hunger strikers in the prison PIONEER SUFFRAGIST DIES Mrs. Hannah J. Bailey Widely Known for Temperance Work. PORTLAND, ) October Z4.—Mre. Hannah J. Bailey. nationally known as a_ploneer In temperance and wom- an suffrage activiti died here today | She was born in 1839 in Cornwall-on- | the-Hudson. As superintendent of } the peace and arbitration departmient in 1389 she organized peace depart- ments in nearly every etate of the Union and traveled extensively | abroad. She ~was National (PORT STRIKE CONTINUES. Mexican Troops Withdrawn From Vera Cruz Waterfront. VERA CRUZ, Mexico, October 24 The port strike continues, but federal troope have been withdrawn by order of President Obregon. The League of Maritime Workers appealed to him to recall the troops in view of -the grave consequences that might result from thelr pres- ence. League oflicials assured him that an agreement for the resumption of work this week was in prospect. Then he ordered the troops withe drawn until Monday. If no settle- maait has been obtained by then the soldiers again will be ordered out. GIRL SWALLOWS PENCIL. October hots were an demoti- prison last ollowed, but elected treasurer f the ouncil of Women in (595, X-Ray Shows Cumberland Child Uninjured. Special Dispatel to The Star, CUMBERLAND, Md,, October Hope Relling, seven years old, a pupil at SS. Peter and Paul School, swal- {lowed a lead pencil about three | inches in length and is none the worse for the ordeal. The child had the pencil in her mouth to moisten the point, when it unexpeotediy went down the throat. She displayed unusua] composure. X-ray photographs showed no ap- parent harm had been done as the pencil had passed through tho stom- ach, TWO SOLDIERS HELD. Sentry Says He and Mate Chased Prisoner, One Getting Lost. NEW YORK, October 24—A sentry and an escaped prisonér, members of |8 party of five prisoners and two sentries who disappeared from Fort | Hamilton Monday, are hela by mui- | tary authorities. The prisener, John ! Bannon, surrendered at Fort Totten, and will be returned to Fort Hamil- ton today. James Cooper of Trenton, N. J, one of the senfries, returned to the "Fort Hamliton barracks early yesterday. . Cooper denled he “was a deserter, explaining his absence was due to a long and vain search fof the fugitives. He said that he and his fellow sentry Raymond Blair of Roanoke, Va., had left the reservation in pursuit of thé escaped prisoners. In the hunt he be- came separated from Blair wnd the prisoners. Neither Blair nor the other prisoners have been found. HELD ON MURDER CHARGE. Undertaker Accused of Killing Klansman in Town Riot. PITTSBURGH, Pa., October 24.— Patrick McDermott, Carnegie un- dertaker, was arrested yesterday on information charging murder in con nectlon with the recent rioting be- tween residents of that borough and members of the Ku Klux Klan, dur- ipg which Thomas Abbott, a klans- man, was killed. The information was made before a justice of the eace by Mrs. Abbott. McDermott was odged in the county jail. The undertaker was arrested on the night of the rlot, but was re- leased by a coroner's jury, which held that those responsible for Ab- bott's death were “unidentified.” - —_— BOURGEOIS PARTIES WIN. VIENNA, October 24.—~Virtually complete returns the legisla- tive elections indicate that the bour- geols parties will hold 99 seats in the new assembly, agalpst 66 for the goclalists. The pan-Germans are re- du’i";‘ ':-%m 21 to 12, ah Bt 6 _government, W member: will €till be compelled to seek nfé support of the middle ups on easures requiring a two-thirds ma- Jority. The so¢ialisie mained 150.000 votes in-Vicnnd over thics years ago. - EVENING STAR, WASHINGTO Prafrie Oil and Gas! reached 172, its high of the previous .Fest gellers, i HOW A POOR MAN CAN GET AHEAD True Stories of Wage Earners and Salatied Men and Women Who Hi ave Found the Road to Financial Independence. By Samuel O. Rice, Investment ~Banker: (This is the fourth of & series of twelve stories of wage earniors and salaried men Sad women who have found the road to fimanci independence, The' next one will appesr in | tomorrow's Star.) Among the trusting Americans who have put §3,000,000,000 into worthless securities and more than $500,000,000 into German marks since the war s not Mrs. Maymie Tenowitz, laundress, widow, who recently bought a $6,500 home, and who has given her eighteen- year-old daughter Margucrite a normal schodl education, Mrs. Tenowitz moved from a Wiscon- sin farm to town In 1907, A yvear later her husbad’'s death left her with a baby daughter to support. , She becam: a laundress at $1.50 a day. Of the §9 weekly wage §1 went into a savings ae- count in the bank. It was sore tempta- tion not to touch it in times of stress. Neighbors aud relatives begged for loans. Others urged Mrs. Tenowitz to buy stocks, which, they said, wowld 1 terest, and might make her rich. Mrs. Tenowitz knew the savings account was 100,000,000 MARKS FOR EACH PRUNE ;| Oregon Packers Figure Costs to German Purchasers of Sales Just Completed. By theiAssociated Pn SALEM, Ore, October prunes just sold by the Oregon Growers' Co-operative Association will cost their German purchasers ap- proximately 100,000.000. marks each, the association estimates on the basi of yesterday's exchange value of the mark. The ptunes are petites of the 40-50 size and sold at the rate of $11 for 110-pound lots. Billlon Notes Small Change. BERLIN, October 24.—The billion- mark note is now small change, with which hardly anything can be pur- chased, and as the notes in milllon mark denominations are almost usex { less, the shortage of paper money has again become acute Efong lines lead to the wickets the Relchsba from night, but the enormous demand has caused the bank authorities to de- fer glving out m forenoon bLeing occupled in ishing the exhaustad treasury. The printing presses a at high pressure turning out money. which will shortly include notes o in replen- tion. Swiss Bar Marks Trading. BERN. Switzerland, - October 24— The German mark was withdrawn from trading_on the Swiss bourse v The last quotation was s for one billion marks. 0 COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY ST. PAUL, October 24—Shoe manu- facturers “report the outlook much more favorable than was expected three Weeks ago. Orders for immedi- ate delivery have increased heavily and a good volume of future business is being booked. SAN FRANCISCO, October 24.—Cali- fornia's oil production, which aver- aged 821,000 barrels daily last week, i due to drop below the 500,000 mark by January 1, according to producers and engineers. New wells showed a Glight increase last week, totaling twenty-six as agalnst twenty-four for the previous weekly period. SPRINGFIELD, 1. October 24— The bureau of agricultural economies reports that while the Ilinois apple quantity, favorable shipments have fallen off and much of the fruit is going into storage. AMARILLO, Tex., October 24.—Cat- tle sales have revived In the last ten § days all over the southwest. Twenty- two hundred head of cows with calyes hrought $100,000 here and 2,000 year- ling steers sold for $74,000 at San Angelo. ATLANTA, Octobe —Pre-holiday sales by retailers here have met with an_excellent response. The throngs filling the stores have been suggestive of the Christmas shopping Beason. Cold weather has brought a demand for overcoats, wraps and raincoats. PUEBLO, Col, October 24—Celo- rado coal mines produced 7,338,329 tons up to October 1, an increase of 416,909 tons over the corresponding period of 1932, but coal dealers say demand is_slight because of mild weather. Yards are piled high with coal awaiting sale. ROTHSCHILD BANK FIRM STILL VERY MUCH ALIVE By thie Assoclated Press. NEW YORK, October 24—Local correspondents’ of the famous Eng- lish banking firm of N. M. Rothechild & Sons have denied recent London dispatches that the firm “scems des- tined to pass ihto comparative ob- scurity,” as a result of the recent death of Nathaniel Rothschild, fourth head of the firm in direct succession. In refutation of the dispatches local correspondents pointed out that the firm had financed the bulk of the South African gold shipments receiv- ed here via London in the last few yoars and that it has engaged ex- ensively in South American financing, particularly in Brazil, in addition to carrying on its extensive commercial banking business in Great Britain and | continental Europe. ——aa YARN MARKET IMPROVES. PHILADELPHIA, October 24 (Spe- eial).—Thé worsted yarn market here is showing steady gains. Buying is more free as a_result of the sales of wool abroad from warehouses here. The volume of buylng is ex- pected to increase, as inventories have been reduced to a low ebb. There 18 a good demand for woolen and mohair ilend yarns for pile fab- ries. CARS SENT FOR APPLES. NEW YORK, October 24~~Within the last ten days the Merchants' Dis- patch Transportation Company, which recently acquired all refrigerator cars of the New York Central rail- yroad, has sent 600 _cars to assist ap- ple growers of the Yakima valley and Spokane territory T moving "their crop to the eastern market. A total of 1,400 more refrigerator cars is to be sent to the same territory before the close of the crop movement. TRADE GOOD IN SOUTH. x,;‘:.;FJW ORLEANS, October 24 (Spe- o few days has stimulated retajl trade and the present turnover here is about 20 per cént above the'corre- !p‘or:gln tl:ne :l last ye?r, The pr ga ave been in me: .Mr, &y- clothin, women's ready- 1o-wear cloaks, underwear and shoes. 11 elasses of housefurnish- ings and musical instr@gments are a tive, but jewelry is among the oor- vield much more than savings bank in- | morning until | ey until noon, the | rkiog | one hundred billion mark denomina- | crop is above the average in sizo and | ~The cold weather of the past' Educational Director, Association of America safe. She knew nothing about stocks, She saved almost $400 In five years. " When she hud $500 she put It into a little four-room house that cost §2,600. With no rent o pay and with two of the four rooms rented, she pald off $1.000 in monthly instailments in less than three years. That left a mortguge of $1,000, $60 interest and $40 a year taxes to meet, Again Mrs, Tenowltz hecame a regu- lar visitor to the savings bank. Again | she declined opportunities to buy stoak or lend money. In less than four years she had another $1,000. Last summer | ¥he sold her little home for\$4,500. - She | hited to give jt up, but whe feit that it wasn't good “enough for Marguerite. 1She paid $6,500 for & little nicer house |on & neater street. The expense of owning the new home in these days of high rents costs Mrs, Tenowitz less than $30 a month for taxes, interest and insurance. : “Yes, it has beéen hard Jaundréss who has never than $4.16 a day, “but it was worth It. This fail when Marguerite started as a public school teacher at $130 a month she had a_home to which she was proud to bring her friends.” | \DEMAND STERLING | | MOVES UP SLIGHTLY fShor't Covering Is Cause—New ! Bond Offering—Other Wall Street Briefs. said this | arned more | i | | | | i seociated Pross, NEW YORK, October 24.- sterling moved up slikhtly lopening of teday's foreign exchange | market, reflecting, traders, etated, | | short covering on the continent. | It was reported today that the| Southern California Edison Company | |48 expected 1o offer soon an issue of | | $11,500,000 mortgage bonds, probably | carrying a 6 per cent coupon. The Kansas City Terminal “Demand | at the | Rail- w 151 per cent secured g fund a € per cent issue §50.000, due November 1 at un ‘early date, | to sell the bonds {10 the Interstate ¢ | ¥ d notes to re totaling $9, . is expected | srmal application been made erce Commis- he government will withdraw 000 from member banks i New York Federal Reserve omorrow. ‘ | Public offerin | $10,000,0 3 |lien and refundin the Philadelphia B at 981 and interest made today of . per cent, first | | bonds "ot ¥ | Company o ing of £20,000,000 1d bonds of the Power Com- nt bhasis, was | 1 banking syn- per cent Railway and a 665 per by a lac SAUNDERS FIGHTS SALE OF PIGGLY WIGGLY STOCK | e Associnted Press. MPHIS, Tenn., Oc held b, nd members at this time would the corporation of million dollars, pool groups result in a loss to approximately ten Clarence Saunders, former president of the concérn, declared yesterday in suggesting the Issuance of a restrain- ing order prohibiting disposal of the stock The suggestion was made to C. L. Marsilliott, federal master in chan- ry, who' is hearing Saunders’ re- | ceivership suit against the corpora- tion, and was made a part of the rec- ord, although counsel for Saunders -clared the latter acted principally | as a stockholder and not as complain. ant in the receivership proceeding. In the event such an injunction is | granted, the court official said, it | would merely widen the scope of the restraining order issued by Federal ‘Judkv J. W. Ross, geveral weeks ago, enjoining certain officers of the co poration and holders of pledged stock | from disposing of thefr holdings until the receivership suit is decided. 60,000 EMPLOYES MAY PURCHASE ARMOUR STOCK CHICAGO, October 24.—A plan to enable each of 60,000 employes of Ar- mour & Co., to purchase stock in the cempany was announced here by F. Edson White, president of Armour & Co. Preferred stock of Armour & Co, of Deleware, having a par valua of 3100 a share, and guaranteed to pay 7 per cent dlvidends, will be offered | to employes on an easy Payment plan. The price of the stock is approxi- mately that prevalling on the open | market, but by reason of the fact that | dividends will be credited to the pur- | chasers during the deferred payment period, the net cost of employes will | be conkiderably under the market {price, Mr. White said. Up until several years ago the company was owned almost entirely by the Armour family. There are now 40,000 stockholders, COMPETITION VERY KEEN IN EXPORTING OF BEEF | DBy the Associnted Press, LONDON, October 24.—The keen competition of Argentina in the ex- portation of Beef to the United King. dom has resulted in the New Zealand | farmer taking to the fattening of lambs or to the production of butter,! and cheese rather than beef ralsing,’| { Premier Massey sald in an address | at the Australian and New Zealand Luncheon Club. Mr, Massey cited figures showing that in 1922, South America furnished | the United’ Kingdom with 5.127.835 ( quarters of beef, while New Zealand' exports fell to against 6 ARNOLD AND COMP TNOORPORATED, Capital, $1,000,000.00 - Real Estate First Mortgage Investments 1416 Eye Street N.W, Phone Main 2434 1413 Kye St. NoW. Money to Loan ANY AMOUNT Reasonable Charges om Trade Amfi:::e-. e ay Company's offering of $10,000,000 ! % \,"D. ¢, WEDNESDAY, OCTOBER 24, 1923. FIRST MORTGAGES FOR SALE . Secured on Improved Real Estate in the District of‘ Columbia Dénominntions of $250, $500, 750, $1,000 and upward. JAMES F. SHEA 643 Louisiana Ave. N.W. EQUITABLE Co-Operative Building Association Organized 1878 4% YEAR COMPLETED Assetn rplus .. 31207351 Profit By the Opportunity / to Save —In times of prasperlty it is wise to lay aside part of your income s an emergency fund. or to be able to g gprortunities that may be pres ater. Swhneription for the 85th Issue of Stock Being Recelved Shares, $2.50 Per Month EQUITABLE " BUILDING 915 F 5t. N.W. JOHN JOY EDSON. Presidemt FRANK P. REESIDE. Seey. RRRARA AR RAAT We want you to open an account with us, Tt aeed ouly be $1.00, For our nr itors we mnégotiate through §the Commercial Loan and Finance Borporation. " $50.00 : LOANS! on househeld furniture or real estats o * AND LOAN ASSN. 2213 14th St. N.W,, near Fla. Ave. Public Speaking Second Class Begins Oct. 25 at 7:30 Hugh_ Chalmers, Chalmers Motor Co., Detroit, Mich.—"To be a convincing talker will do more than anything e- 3 know of to assist men in achieving success.” Y.M.C.A. COLLEGE Street N.W. Main 8260 COEDUCATIONAL For Investment FiRST MORTGAGE LOANS 61% Interest 7% All loans secured on mod- ern homes and business prop- erty in best residential sec- tions of the city. Complete loans loans. Get our preferred mort- gage list with full informa- tion without obligation. Inc. Morris Cafritz Co’; 913 15th St. NW. Main 617 or part *Money to Loan } Securee by first Preval ; Joseph I. Weller FINANCIAL. ¥~ g9 First Mortguge l..oan; Lowest Rates of Interest and Commission, "Fisher & Company, 1 ny, Inc. 738 1Gth Street < deed of trust on fte ifng lnterest and commiselc estas jon.. [T 5 Bidg., 9th " Safety In Emergencies STOP LOOK LISTEN! The Sinews of Security for your investments with us are to be found in the fact that our First Mortgage Notes do not depreciate in value, because of our cautious appraisals and the careful ratio of the loans to the sale value of the properties. For these reasons we have never lost a dollar for any investor in these notes. IN ADDITION: They yield 6%4% intérest, payable semi-annually on the date due, assuring an absolutely prompt and safe investment. Call or write our MORTGAGE DEPARTMENT for farther information SHANNON- & LUCHY Realtors 713 14th Street N.W. Main 2345 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. N2 Fifteenth s{reelf Convenient Denominations For Investors Interest 6¥2% Main 6388 In The Proper Appbin\fsmemmt Much unhappiness would have been averted had many men in their trustworthy executors. lifetime appointed responsible and It is your duty to safeguard your business affairs with the security afforded by a Trust Company. Make This Month Your WILL Month COMMERCIAL 3% ON SAVINGS rRUST, 15th and Penna. Ave. Capital and Surphis, $5,400,000.00 Central: Northeast: Southwest: Northwest: BRANCHES 7th and Mass. Ave. NW. 8th and H Streets N.E. 436 7th Street S.W. 1140 15th Street N.W., \