Evening Star Newspaper, December 3, 1923, Page 25

W FINANCIAL e ——— ADVERTISING GETS SIGNIFICANT BOOST * Big Firm Turns. to Display Methods From Publicity. More Work for Tailors. BY J. C. ROV L IsPRLh to The Star NEW YORK, December question of the relative for Promotion of sales, of publicity and advertising has been actively debated in buriness circles this week A company manufacturing cosmetics has just completed the cxpenditure of & large sum. estimated &t fully $300.000, on a beauty contest. Dirce- tors of this concern stated afte campaign was over that a of the lesson learned they contem- plited the appropriation of $1,000,000 in @ straight advertising campaign in dally newspapers throughout the country. The company pald Rodolph Vi $10.000 u week for se in a tour of the he sclectgd beau This' expens. may hay the publ tieal s $10.000-g-w The value, old her this i ged 1o hav sereen star, venteen weeks which ntino, country in s rapidly b the e k< film i the cost T for the star and his manager and party 1L o8t $40.000 to take the selected on w of the count ing in New York and a ve larger sum for their mainte dress he extent of obtained may be jud realized thi 3 ~ heauties end- much nee and iblicit when it i - crowded 1 mads and pa regular display csults nositl sught avcording the Lest nre show Prtising expo sition Wit on not More Work men the clothing edictof the Heneoforth “tailor ainili form The rect mary try man prod maude [ place fitting « to the mlitary command that it of commanding officer 10 personally his uni- ik off “The 18 S0 nece.- & of every rank that each member of their conmands I8 properly fitted with a smart uniform. The company or detachment commander will b present and superiv trying on of all membars of his Alterations of re: ing have alwa the retail n same r cloth bugbear of ists fo ikht which s standard- enuble s and | ial Raules for Uniforms. s offer al recruiting ented 1o those had repeated difficulty fitted with the button sack of commerce They provide that the “shall be cut snug at the to be about two inches abo %one, full in the seat and 1 the thigh with sufficient length to Permit wearer to assume a wquattin position without binding." trousers are be fusiencd b, lacings the of the shin- boy appropr - at, however, really ashion fillip. It is to ek of olive dr: should out arg moxt con, Nt oever p trot walst, top th - hip to inside fur [ tik e t extra ine ral inspected his suy or: rtainly Chest at nable pride ed by tail to gener: have th expar least 30; inches. from pa pride. e WALL STREET NOTES. New Offerings Announced Today. Also Dividends. NEW YORK i syndi- 0.000 St nt mort- issue had heading offered § depot 5 per o announced the m after the e Vaul Been opencid Another offering Southern Public 1 per cent mortsi o yicld 5 The ransit Compuny has d ividend of 50 ecents Dayable £ 15 to stock of record e company paid f Two previeus quarters ry and April comy $13.000, November, as- e companies which n As TN w. £4,000.000 ies Company & kold bonds at 811, and . with en were ory wared w tulized Lq wember Railway 1108 f cars, port . Wilbur Miller, president of the Davison Chemi today from a trip abroad. In Enes Jand, he said. he had closed more €OBLTacts tinn he had in this country “I regret.” he said, “to find on my Teturn that speculators have used rumors regarding silica-gel for pur- poses of manipulating the price Davison shares.” ‘WOOL MARKETS ACTIVE. SO 2 Raw w but not so busy as tha firmer tone having checked some busin city of Australian wools continues to feature the market. dealers reporting having paid as high as $1.22 for 64-70 warp Blue free wool, figuring nange on the basis of $4.40. Some export sell- ing has been resumed, indicating once more that prices heré are below for- eign levels. Receipts 1 week were 6,597,000 pounds, of which 1 305,800 was foreign wool, Shipmenty were 3,881,000 pounds. ! NEW YORK EGG PRICES. December ording Tocomotives, 118 passenger were for ex- Ago ight Six of orty-nine rs and the latter gathered. firsts, 52a57; onds and poorer. 30a50; New' Jersey, hennery selected extras, 7 hennery whites, 76a78; state, hennery whit 5: nearby hennery browns, coust whites, . firsts to extra firsts, 61a69; refrigerator firsts, 29 a result | from | <hould | books were at al Company, returned | of | Received by Private Wire : 1AM K. H ENAN. | NEW YORK, December 3 —The curh [ market started the new week with ithe buy movement still in The demand, how- as at its helght during the first after which it quieted ronsiderably, but of the mprovement was n ed stocks were among the favorites prog- | res inereased {ever, w half down session, | and a number of industrial specialties | highs the {re v, Some of the taken up for a time, notably Durant for Do Stutz and bu Pont, the i former ing over the rise was checked. i Announcement that di Centrifugal Cast Iron Pipe b to retire the 4,010 shares of outstand- ing preferred stock of £20 per value | was followed by a sharp advance in the mmon. The high pric how- ever. attracted profit-taking and the stock subscguently lost part of the improvement Gillette | reached 1 on present motors were H tors of voted fety Razor sold £t its ve 2 December. 1o ing is an traded in on the today New York Curb Mar- BONDS. High i iy Wloudiy oty [IREN thousands. 1 Allicd Packers Ss ) Am ot Rl 0 3 Am Gias & Elo 3 Am T & T e 1 A Thread Co_os 004 01 50 Web Mitls 4 oy Ary STANDARD OIL ISSUJ Mre o Am sl ongh duty 10 Fedr t0 & Rw N0 &R 20 Ohio Runger tOmar O & Gax 3 1 The | | Washington Stock Exchange. | ALES 1.0 2 S0 "Cupfint O R SL000 ur 0 At 0 Park 1 Vraction € al National Dank—10 at 141, 5 at 3t 10 at CALL 13 —-$1.000 at 10045, and 8 per BONDS. Bid and Asked Prices. PURLIC UTILITY. cent & Telgn. 4s ({1 rican Tel Tel. & Telga & Tel. ot Fraction I rhun s 15t oI st . cons. deb, Elee. #s 1953.... Pow. g m. & ex. & Mt. Ver. & Mt ver, & Aunap, | Metropolit 3 { Patomae Ll Wasliug Washington Wash. 1wy ™ & $2! Murkr mun Pack 1 STOCKS. PUBLIC UTILITY. American Tel, & T s pital Traction Washington 6 Norfolk & Wash District ... Farmers & M Liberty Lincoln a1 Metrapolitan. na ationai Bank o T American Sec. & Tn ! Continentar T { Merchiants' Ban : | Meriona) Savings and Trast FIRE INSURANCE. . 210 120 Firemen's 8 ot | Nutioual N pese Columbia Tit Eatate Titie g MISCELLANEOUS, D. C. Paper pfd.. o Merchants' Trauster & Storuge.. Old Dutch Market m, d Duteh Market pfe ‘ashington Market.. Yellow 'Cab = *Ex-dividend. NEW YORK CURB MARKET a point before | 1 1it of honds and stocks | 400 1 | NING STAR, WASHINGTO w——* ! Direct to The Star Office cent top on reports that the company ix doinz a record business, October sales of razors was given as 1,1 74, against 854 in the CHANGE N OWNES e (R STEANER LNES ‘C““!:lul“u-rsn] Pipe common moved \II’\‘Baltlmore and viruinia com- | with Centrifugal, but the advan aistributingap- | pany Takes Over Potomac and Rappahannock Boats. lin United Staute ]bvnrml to have un its course. O ferings of th new Dunhill Intes | national were offset by new buying and the stock crossed 28 again. | An exception to the general trend ! | was New York Transit, which broke | . b, ten points to seventy on declaration | ¥ the Amsociated Pre auarterly dividend of on i BALTIMORE, Md, December 3.— te had been redu d | Rappahannock and Potomac river Foind 'k-' ;:“"{'l"‘l"lt-:l r'ln'hi lines of the Maryland, Delaware and oday 1 this stoe ed | v e tiae & v to influence the movement of other | ¥/FInia Rallway Company have been Standard Oils and higher prices were | 4cquired by the Baltimore and Vir- .l.l)fln the rule. Oh Prairie Ofl and | ginla Steamboat Company. This an- :.x::«‘ and l'u!n‘llnr‘nlul v\‘"-r-- among the | nouncement Is made by Turnbull | lvaders, wille -3 0] W cep- 5 tionally Lrons, galning amost six | Murdock, president and gencral man- ager of the latter company. The Baltimore and Wirginia Steam- Points to 143, Salt Creek and Moun- taln Producers were taken up among ! boat Company has terminals at Bal- i timore, Freder Wash- the independents and the rise to new high prices iu Southern States kept ckaburg, V. | ington and Norfolk. The service on ithe Rappahannock and Potomac on river lines will continue as for- merly, it 1 said INDICT MEMBERS OF EX-BROKER FIRM . |Federal Bill Charges Use of Mails to Defraud—Seven Others Involved. INDUS Trae Fruit wi Hiyn SNhoes Tue i Bride ‘elluloid Co pfa t Teres Centritug Tron Fipe heck Cali Mfd Chic_ Nip new § By the Acsociated Press. NEW TORK, December 3.—A fed- jeral indictment charging use of the mails to defraud was returned today | gaingt the former stock brokerage house of Raynon. Nicholas & Trues- ¢land seven persons connected with the firm, SUGAR FUTURES JUMP. NEW YOR Deceml eurly raw ar mark unctanged and s were quoted at 55°-5 cost and | 741 duty paid. i futures & sharp ad-| to renewed covering able outside buying iropean support. Prices 5 ichanged to 12 points higher | and ut midday were within & point or | wo of the hest {9 A by The | was steady hout wales e Investment intereat 61y per cent, wemioannntiy TERRELL & LITTLE, Inc. Realtors 1208 18¢h St - T% First Mortgages $250 and Up g iaL, aw : | tions of | improved payubie NW. Write or Call for “Booklet.” ‘William S. Phillips | Prevailiog interest 8 Joseph I Weller & Trust Hidg . bih & ¥ N.W. FIRST MORTGAGE INVESTMENTS i 6%2% Denomin: 1000 and upward. Wenden i TREASUL ¥ CERTIFICATES. | | i (Quotat e furnished by Redmond & Co.) Noop.—— 300, 2750, Secured on Improved Properties Only JAMES F. SHEA 643 Louisiana Ave. N.W. SHORT-TERM SECURITIES. : (Quotations furnished by Kedmond & Co.) |First Mortgage Loans, : | Lowest Rates of Toterest Commission. | Prompt Actior Toomas 5857 § Camaany. Which Is Better? Assured safety with liberal income of 6'2%. or promised greater re- turns which involve dangerous risks of se- curity. 0 Nugar s 3 Inc. i & Tel an absolutely “safe game” and pur- chase our First Mort- gage Notes sccured upon improved real estate in the District of Columbia. Play &M —_— RAW SILK ADVANCES. SW YORK. Dece | ading was irregular i too heavy in the local cotton goods | markets today. Print cloths were | quoted at 111 for | 13 for the 68 by 72 jmarkets prices were advanced 5 to 10 a pound on Japanese grades, wm\' ! i | | { Westinglou 101 No Loss to Any Investor \ber 3 (Spe and nons Apply to Mortgage Dept. Shannon & Luchs 713 14th St. N. Main 2315 the 64 by 60 and In the raw silk some acceleration of business. Can- | fon silks were steady BANK MAY REORGANIZE. PROVIDENCE, R. 1 The directors and stockholders of the Cosmopolitan Trust Co which | wus closed by the bank commissioner last week. were allowed one week {in which to formulate a plan for re- organization by Judge Tanner of the or court here today. The bank about $150.000 in Christmas funds, which are due to be pald December 15. VISIBLE GRAIN SUPPLY. 3W YORK. December 3.—The vis ible supply of American grain shows the following changes Wheat, decreased, 3,192,000 bushels. | Corn increased, 1,086,000 bushels. | i | December EQUITABLE Co-Operative Building Association Organized 1879 434 YEAR COMPLETED Assets ... 84,750,763 Surplas -$1.307.381 Save as You Earn —make up your mind to lay aside part of your earnings. It s the sure way to get ahead fnancially. Joln the Equitan Subscription few the 85th Issue of Stock Being Received Shares, $2.50 Per Month EQUITABLE BUILDING 915 F S5t. N.W. JOHN JOY EDSON, Prestdent FRANK P. REESIDE, Seey. Oats, decreased, 231.000 bushels decreased, 1,118,000 bushels. decreased, 412,000 bushels. Ry Barley RATES ON BAR SILVER. NDON. December 3.— & pence per ounce. Money. 1% per ent. Discount rates, short bills, 3% cent: three-month bills, 3 5-16a3% ar silver, V' YORK, December 3.—Bar sil- M n dollars, 491, L e In Denmark women enjoy the same pay and equal opportunities wjith men’ in practically every lme of business. N, D. ©. 2 Oy MONDAY, DECEMBER 1923. LIFE INSURANCE GAINS. ‘ Minnesota Citizens Take Many New Policies During Year. | Special Dispateh to The Star. ST. PAUL, December 3.—Life insur. ance carried by citizens of this state now exceeds $1,000,000,000. The gain recorded in_the last year amounted to more than $70,000,000. The premiums paid to 491 companies doing business in the state is expected to far exceed the 1922 total of $30,747,299, which Is triple the amount paid in 1612, Taxes pald to the state by insurance com- panies totaled {$1,121,000 last year. LIVE POULTRY HIGHER. CHICAGO, December 3.—Poultry higher; fowls, 14a21; rooster, springs, 191 geese, 19; We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washingtop Loan and Trust Company 900 F Street 620 17th Street FOR INVESTMENT ’ FIRST MORTGAGE LOANS Denominations $100 to $6,250 Interest Rates 614% and 7% All loans secured on modern homes and busi- ness property in best northwest sections of the city Ask for Information The Margin of Security We Demand to Safeguard Clients Investing in Our % First Mortgage Notes Insures absolute safety under any ead all conditions. established recert of ¢ltber pr::;lul or aln 5 rance’ policies forniab d with all notes. Notts of $100, $250, up to $5,000 Now on Hand ¥or full particulars apply 0'Dongell, Loan Department. CHAS. D. SAGER to Mr Mortgage Departmen: 913 15th St. N.W. Main 617 Washington's Oldest National Bank Gifts That Educate A Savings Account opened at the Metropolitan {or each of your grow- ing children will educate them in ways of thrift and industry—introduce them to a banking home that can be of im- measurable service to them later on in life. { Come in and talk it over with our Savings Dept. teller. For your con- venience we'll be Organized in 1814 Open Until 5:30 P.M. Today Our Savings Dept. Pays 3%, Compound Interest National Metropolitan Bank Capitai, Surplus & Undivided Profits Over $1,700,000 15th St., Opposite U. 5. Treasury—109 Years Old Dean, Onativia & Co. Stock Exchange Building New York STOCKS and BOND3 COTTON GRAINS COFFEE SUGAR MEMBERS N. 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 CAL New York Stock Exchange Chicago Stock Exchange New York Curb Market Association LAN O'LAUGHLIN SERVICE and SAFETY 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 rst-Mortgage Notes, SECURED by Improved District of Columbia Real Estate, Are a GOOD INVESTMENT. Offered in_denominations from $250.00 UP. The quality of a FIRST MORTGAGE determined, not alone by the property by which it is se- Quarter i 5 cured, but also by the quality ofa Y 3 Gentitrs of the organization that offers Without the mortgage. a Loss B Main 2100 F. SAUL CO. 1412 Eye St. N. W. FINANCIAL, Ideal Christmas Gifts HETHER for relative, friend or em- ploye. our First Mortgage Notes make practical and long-remembered Christ- mas gifts. The holder of these notes receives the in- terest on the day it is duc. Unlike cash bonuses or gifts, which, at least, create an artificial and temporary condition of luxury, %ur " First Mortgage Notes mean the con- tinual possession of principal by the recip- ient, at least until maturity. For convenience, these Notes are offered in denominations of $100 and upwards. Call or Write for Detailed Information Swartzell, Rheem & Hensey Co. 727 15th Street N.W. 54 Years Without Loss to An Investor $1,430 a Year from Monthly Savings of $10 TART as a young man or young woman to save and invest $10 a month at 61, to 7.13%, reinvest the income regularly at the same rate of interest, and between the vigorous age of 25 and | the retirement age of 65 you will have accumu- ! lated more than $22,000. This will pay you an annual income of $1,430 i without your having to invest another dollar. As a matter of fact, in order to create this income of $1,430 a year, you will need to save only $4,800. Compound interest will make up the difference be- tween $4,800 and $22,060.64—nearly four times as much interest as principal. Of course, if you can save more than $10 a month you can accomplish groportionately greater results. On the above basis, $20 a month would | amount to $44,117.87: $50 a month to $110,297.88; $100 a month to $220,595.78. Our free booklet, HOW TO BUILD AN IN- DEPENDENT INCOME, contains the simple story of this easy road to wealth. NO LOSS TO ANY INVESTOR IN 50 YEARS ke F.H.SMITH CO. ounded 1873 FIRST MORTGAGE INVESTMENTS MITH BUILDING 815 FIFTEENTH ST. t7Please send me your free booklet, “How to Build an Independent Income.” Get Into the Coupon-Clipping Class HY envy the man or woman of independent means when you yourself can quickly get into the coupon-clipping class of bond investors? . By following an easy plan, which we will be glad to expiain, vou can immediately double the income on your savings, and then make your savings double themselves. Let us tell you, without any obligation on your part, how quickly you can get into the coupon-clipping class by putting §10, $20, $50 or more a month into our First Mortgage Invest- ments at 673% to 7.13%. NO LOSS TO ANY INVESTOR IN 50 YEARS Clhe F.H.SMITH COMPANY ‘%undd 1873 FIRST MORTGAGE INVESTMENTS SMITH BUILDING 815 FIFTEENTH ST. 2&Please send me your free booklet, “Now to Buld an Independent Income.” 1