Evening Star Newspaper, November 19, 1923, Page 25

FINANCIAL, 107 ELEGTRIG LINES ADD MOTOR BUSSES Railroads Are Also Using! More Trucks as Auxiliaries to Regular Service. BY 2. C. Special Dispats NEW common « reat th ROYLE. Star. November I to YOIK. arriers are comme WOtor transport #s an a4 of an enemy and electric the conelusios am roads have | hea tn many loc that the field of the motor tr ather than sult they are de- | veloping of their own systems One hundr ar service, accord orts to the writer ing to aurl E are located h\l a; These roads Routex Cover 915 Miles, ¢ the routes established cover The n scheduled over 6473 miles a day, and the ¢ number of passengers 915 miles them tota xtend from one-half mile and the nts on the short hauls for The routes to 110 mile minimum fares cents a mile some of the nelude rail- bus lines, of course rated by electric their operati roads ha ished a feeds into rather than draws business Jrom the rail lines. One of ink subsi tric freight 1 by the I ailway., which has such i ffect between Jackson and Other ¢ beir with the eight s far o motor about 200 lines. reaching | on the main | New Steam lines xupplement the Treight and pas move has e areas of the baul transports m Freight Methods cars betwe ar or side-tra than car lots and unprofitable its in metrepolitan movement to f Chaniber e United States to- lent Julius ammending en motor - carriers be BY WILLIAM F. HEFFERN NEW YORK. November 19.—Opera. tions for the rise were resumed on | curb { practically the entire list the orde: | heavy situat end. ers, getting up 3 to 60, and Prairie Standard ol 3 points, NEW YORK CURB MARKET Recelved by Private Wire Direct to The Star Office company recently issued $500.000 § per cent cumulative prior preference tock at a subscription price of § two shares of the preferred and f common. The business Is es- s°ntially a chain store enterpris selling trade 1ds of knit- for the first market today and affected vering in the oil shares were rather though no change in the oil n was reported over the week gained from 1 to s among the lead - 5 on the common for the full year are expected to equal $2.50 a share. Motor Production v tionally Ohio 1w adv FIRST MORTGAGES Secured on Improved Real Estate District of Columbia Denaminations of $250, $300. $750, $1,0% and upward. JAMES F. SHEA 643 Louisiana Ave. N.W. Money to Loan on First Mortgages at Current Rates of Interest ARNOLD & COMP. 1416 Eye Street. » FOR SALE in the 2434, The Margin of Security We Demand to Safeguard Clients Investing in Our % | !llllllll n | glllll"l i among the higher priced i strong, Activity IR Continental Trust Company Capi One Milhl:;" Dollars - 14th & H Streets LDV IlIIIlII|lI|lIII’III | Esummmanng We Buy and Sell Liberty Bonds up a like Declarat 0 cents a in Pennock ter the co. cents a sh; in March 0 working for higher uthern taken cossed th Newly 1 given muc ubstantial lillg on the ta was dealt around 1% common amount, as it ion of an extr: ccounted for i Oil. In the mpany paid are, and like payments and June this year. vrice further as actively subsequently lower prices. ation of a divi on Childs Company. fon to the regular 1% on the resulted in ar mecting o led for [ mber § to vote on a change in the common stock from $100 par value to no par value und exchunge the preseat he States The met n stock was and at figur sted industrial issues were h attention, with numerous | gains, made pe for the in between t time, and 1 NEW YORK, November 19.—Follow- is an traded in on the New York Curb STANDARD OIL ISSUES il GERMAN FRESSES PRINT | TWO TRILLION MARKS! Pigures Reach Quintillion Stage for First Time During Week's Printing. for the w hown by nk of Germa ment_today. | e amount is ed by ni Aigit 2,000,000, 0,001 figures thus for the first ing the quinti Reichsbank’s report for the weeks is still outstanding. no way of computing the volume of production since the first of the month, although it is suspected it will completely eclipse in its digital aspects all previous accompishments of the note printers. The is expected particularly pronounced, inasmuch as ihe government announced last week that with the appearance of the new cntenmark the money presses would case their he grind H The Reichsbank’s holdings of di: counted treasury bills and private vhecks and d fts at the end of O tober we 500,000.000,000,000, i g it DIVIDEND INCREASED. ! NEW YORK. November 19.—Direc- th ilds Company, which nation-wide chain’ of re; today announced an in ase in the quarterly common tock dividend from $2 to s Thi also declared the regular 13 per ¢ dividend on preferred stock, there is final rush to be BUYERS STILL WAITING. NEW YORK, November 19 (Spe-| elil).—Cotton goods markets opened quiet today, with the old deadlock between buyers and sellers still on. The selling end took renewed hope from reports of additional mill clos- ings, on which they count to help them force prices up to raw cotton parity. Print_cloth quotations were | 10% for the 64 by 60, and the 68 by 72. The raw s was steady, but only light business was reported e NEW YORK EGG PRICES. N . seconds and poore whites, 4 G nd | st extras, T4u80 fir, whites, st whi refrig WOOL PRICES STRONGER. , 81a33. BOSTON. November 19 (Special).— | Commerce and Savings featured : East Wastigion o 4 Gou, o bug Mng sfi:mn'sm?: United States.. the | \Washington Mec Sales of low grade woois today's raw wool markets, xrades are gradually strengthening. enos “Afres 53 have shown test advance recently, rising fran | 18 cents & few weeks ago to 23 cents tod; Many of the largest have been buying substantially 1he opinion expressed by one large dealer that prices and business vol- unwe are due for an early increase seems to reflect the sentiment of the Language Wasted. From Life. Hi—I understand your new man left yesterday? Si—Yes, got discouraged when he found ouf that swearing at a tractor didn’t relieve his feelings, : hired nt | 3 D, bt bt Washingtdnfistock Exchangei { 100 at 100%, nl N Second Nat! Wardman Park Hotel 65—$500 at 100, $500 t 100. ‘Money—Call loans, G and 6 per cent. Bid American Tel American Tel, & Tlgs. £33 s Am. Tel. & Tel. ctl. tr. & Tel. & Tel. cony. 6s. 6 chairman Al A Anacostis & & P.T: Potomac Wash Wardman Park Hotel Gs. Commercial Disirict . N Rigge . Recond National Bank of Washington. American Security and Trast. Continental Trust. to extra irsts, 65a | Merchants' Ban iremen’s National Uni Columbia Title. market generally. i}.‘;,‘l Patate Title, D. C. Paper pfd..... Merchants' Transfer 0ld Dutch Market com. official list on bonds and 10 Sait Creek Prod apuipn Ktefin Bavoy Ol 10014 00t ugul Tr Pipo. r Cab Med A w ! ero efs dep C & Rudio ovt Wr Wm Jr o wi MINING it-Colo 1 Am 0l L 1 Alaska auario Copper Cons Cop Min_ new Cons Nev. Utah . Am M Crown King Cons.. 2 Crown Reserve ... A Davis Dals . Dolores Esper Eurekn Croesus LPENDENT OIL STOCKS. Premier Goid Min. Red Hill Florence.. St. Crolx Mines, Sandstorm Kendail, Wenden Copper Weat End BXt. . Wiite Cap Extens. |LOWDEN URGES WHEAT | i GROWERS TO ORGANIZE SALES. 1 £1,000 At 934 ~$100 At 100%, £100 2100 at 1005, $i00 10t Tive: Natlonal Bank—8 at 1401, tonal Bank—10 at 160. e . Plan Offers Only Solution of Price Problem, Former Gov- ernor Says. 1 BONDS. | By the Assoclated Press. CHICAGO, November 19.—The or- and Asked Prices. ganization of wheat growers into PUBLIC UTILITY. | commodity co-operative marketing i enterprises offers the only solution of the wheat prices problem, former Gov. Frank O. Lowden of Illinois, of the National Wheat Growers advisory committee, declared | in_a statement issued last night. | Mr. Lowden expressed the opinion | that the relative price that now ex- ists between the products the farmer | sells and the commodities he buys | is so disturbed as to form a problem of great importance. . & Telgn. 4s. Potomac gu | i Il i | Wil Seek Seat {n Parliament From | 938 10015 | Leicester. .« _LONDON, November 19.—Winston | Spencer Churchill has cousented to stand for West Leicester, where in the last parllamentary ‘election a| Taborite ousted the Lioyd Georgian, liberal candidate. There still is no definite arrangement between the | Iiberal and labo. partles for allocat- | ing seats and it is extremély likely ! that labor will put up a candidate to oppose Mr. Churchill. In this case an exciting contest may be expeccted, as Mr. Churchill has always stoutly denounced what he described as the bolshevik tendencies of the labor party and has strongly opposed a cup-' STOCKS. PUBLIC UTILITY. ital levy. VIOLINIST BREAD WINNER. | Fritz Kreisler Concerts to Aid Ber; lin Artists and Teachers. NEW YORK, November 19.—Scien- tists, artlsts and teachers of Berlin who are unable to buy food, will be alded with the proceeds from con- certs which Fritz Kreisler, violinist, will give throughout Germany this winter, Gen. Henry T. Allen, chair- man of the American committee for the relief of German children, an- nounces. TRUST COMP Prompi ‘Thomas J. Fisher 738 15th & Company, Inc.! Notice to Stockholders The Board of Directors of THE DAVIS-HAZZARD CORPORATION —Have declared a semi-an- nual dividend of 4% upon the Preferred Stock as of Oct. 1. jon. MISCELLANEOUS. Securs¢ by first deed of trust op real estate. | et s First Mortgage Notes usures absolute safety under avy aud ail nditions. 5o our extablished record bt Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street EQUITABLE Co-Operative Building Association noy. and msuraoce policies notes f $100, $250. up to $5,000 Now on Hana i For full particulars apply 1o 0'Dounell. Losn Department. Notes Orzanized 1879 43d YEAR COMPLETED Asnets .$1,750,762 Surplus ... $1207.281 Saving With Best Results Adopt our systematic saving plan and you will sccomplish moro in sav- ings than ever. Mr. 924 14th St. NoW. Main 36, Subacription fee the 85th Issue of Stock Being Received Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. N.W. JOHN JOY EDSON, Preside FRANK P. REESIDE, Secy. Safest Investment With Liberal Return First Mortgage Notes Paying 6,5, Interest Per Annum On D. C. Property Present absolute security to small investors who desire liberal returns and no risky speculation. We urge inves- tigation. Mortgage Loans $1,000 to $10,000 at 6% We have a million dollars to loan in sums of $1.000 to $10,000 on houses. These loans must not exceed 50% of ac- tual value of property and may be reduced at interest periods. Term: or longer. Reasonable broker- age. Consult Our Mortgage Department SHANNON & LUCHS 713 14th Street N.W. M. 2345 Onativia & Co. Stock Exchange Building New York ‘ Dean, Five years COTTON GRAINS COFFEE SUGAR STOCKS and BONDS INVESTMENT DEPT. WAPRPDMAN ConstructioMCCompan Incorporated ey 150 KStrat N Main 4190 MEMBERS New York Stock Exchange N. Y. Cotton Exchange Chicago Stock Exchange Chicaga Board ofiTeade N. Y. Produce Exchange New York Curb Market Minneapolis Chamber of Association Commerce WASHINGTON OFFICE Main Floor, Woodward Building Phone Main 2040 JOHN CALLAN O’LAUGHLIN Manager Morey to Loan ailing iniereat and commiesion. Joseph 1. Weller 5,955 5 & 29 | | FOR INVESTMENT FIRST MORTGAGE SERVICE and SAFETY National Mortgage & Investment Corporation 811 Vermont Avenue N.W. Interest Rates 61%2% and 7% All loans secured on modern homes and busi- ness property in best northwest sections of the city. Ask for Information Deals in the Best Real Estate Securities First and Second Trust Notes and Ware- house Receipts are purchased at fair rates Its 7% First-Mortgage Notes, SECURED by Improved 2 D?:tri:t of Coh%mbia Real Estate, Are a.GOgD INVESTMENT. Offered in_denominations from $250.00 UP. rtment Mortgage Depa 913 15th St. NN\W. Main 617 HE record of this company, covering a period of thirty-four years, enables us to prove the safety of your trust estate, if under our control. It will be handled with all the care and attention that experience has taught us. Every Banking Service AM]ER]ICAN SECURIT AND TRUST COMPANY o 15th and Penna. Ave. Capital and Surplus, $5,400,000.00 BRANCHES 7th and Mass. Ave. NN\W. 8th and H Streets N.E. 436 7th Street S.W. 1140 15th Street N.W. Central: Northeast: Southwest: Northwest : Your Thoughts —everyone's thoughts for that matter —are largely upon Xmas now, and we venture to suggest that you plan to open Xmas Savings Accounts for those you intend remembering in a practical way. As little as One Dollar will begin a Savings Dept. account at the Oldest National Bank in the District of Co- lumbia. Organized in 1814 Our Savings Dept. Pays 3%, Compound Interest National Metropolitan Bank Capital, Surplus & Undivided Profits Over $1,700,000 15th St., Opposite U. 5. Treasury—109 Years Old The Psychology of Investment Y studying investment psychology you can realize the combined value of a great many small sums of money. Is not this $50 here and that $50 there worth in- finitely more to you combined in a First Mortgage Note of $100, drawing interest for you every day of the year? And is not the total of many such notes the foundation of a dependable fortune? Especially is this so of eur First Mort- gages, because our reputation is wrapped up in keeping them safe and in seeing that the interest reaches you the day it is due. Swartzell, Rheem & Hensey Co. 727 15th Street N.W. 54 Years Without Loss to an Investor DO YOU WANT A SAFE INVESTMENT? This Company offers for sale FIRST MORTGAGES in various denomi in or small amounts These mortgages are placed on Over a ; i Real Estate situated in Washing- Quarter of a Century Without a Loss ton. Non-fluctuating investments, with regular interest returns 6Y2% B. F. SAUL CO. Main 2100 1412 Eye St. N.W. How $10 a: .Month Becomes $22,000 Interest MALL sums saved systematically run into big money when interest is compounded at the liberal rates paid on our First Mortgage Invest- ments. ) Between the vigorous age of 25 and the re- tirement age of 65 a man or woman can amass more than $22,000 simply by putting aside $10 a month under our Investment Savings Plan. Of that $22,000 only $4,800 is principal ac- tually paid by the investor. All the rest is com- pound interest. | Our free booklet, HOW TO BUILD AN INDEPENDENT INCOME, explains how any- one who will save $10, $20, $50 or more a month can quickly get into the coupon-clioving class of bond investors. —_ NO LOSS TO ANY INVESTOR IN 50 YEARS ——— —— ke F.H.SMITH CO. CFounded 1873 FIRST MORTGAGE INVESTMENTS SMITH BUILDING 815 FIFTEENTH ST. g@Please send me your free booklet, “How to Bulld an Independent Income.” 1 |