Evening Star Newspaper, January 3, 1924, Page 29

FINA AUTOMEN READ - FOR 1524 EXHIBITS Expect to Boost Sales by New Safety Devices and Stronger Machines. GREATER COMFORT, ALSO Tncreased Road Capacity and Bet- ter Brakes Aim of - Engineers. BY J. C. ROYLE. atch to The Star. NEW YORK, January 3.—The New York automobile show. which will} open this year January 7, Is supposed 1o present “the last word” in auto- mobile construction, but many of the new devices, which will be presented for the first time, promise to arouse considerable conversation throughout the year. Safety and comfort are the watchwords which have dominated the engineering forces of the motor companies in preparing for the 1924 campaign. This has been true to guch an extent that the New York show might almost be called an au- tomobile safety exhibit. Safer Travel Main Aim. The terrific congestion of traffic is mainly responsible for directing ac- tivity into safety lines. Nearly every snanufacturer will appeal to the pub- jic taste and to dealer sagacity through some product of engineering 1hought designed to make automo- bile traffic faster, smoother, safer and more comfortable. N The increasing of road capacity is one of the most vital factors in motor transportation today. It Is estimated that It ten automobiles in a given city | block are so equipped that each can stop safely in three car lengths instead of eight or ten, the available driving area will be doubled. The introduction of the four-wheel brake, mechanically operated. has served 1o draw attention to the modern car necessities for flexibility and safety, and it will be shown at the coming show that inquiries have spread from this @long numerous other lines. Stronger Bumpers Made. Bumpers offer one example. Whereas these adjuncts formerly have been fash- joned out of light flat steel and bolted 10 car frames, some now are being de- signed by engineers to withstand side Thrusts and pressure from above or be- low the car. One bumper manufacturer will offer a device designed by a bridge engineer, which Involves a complete change from former practice. Another car will ‘be shown on which the bumpers are an ntegral part of the chassis. However, they are so designed that the force of « collision will not warp the frame, as the bumper will give way before the frame is endangered. ‘he strengthening of closed bodies also will be exemplified at the show. The principles of the all steel rail- road coach have not been followed in their entirety, but the same ob- jective has been sought that is to inake the car body so strong that in a collision the top and sides will not crush the occupants. Stronser Wheels a Feature. Stronger wheels will be another attraction. One maker, after ex- perimenting with steel 'wheels for some vears, has decided to present at this show a new style wooden . Wwheel as offering the greatest safety. The engineers responsible for the de- sign have decided that while wheels must be strong enough to withstand all ordinary strains, they must be weak enough to give way when the car skids into a curb or other ob- struetion and so prevent the capsiz- ing of the vehicle. " Tt seems evident from advance in- formation that both mechanical and Iivdraulic four-wheel brakes will be out- | standing features of some of the new offerings, but considerable investigation and improvement of the two-wheel brakes has been going on. Several man- ufacturers will show models on which | the braking surface has been doubled. | Others will offer models equipped with larger tires, claiming that when accom- panied with efficient brakes these will add to control. Alrendy Thinking of 1925. Another engineering advance to be shown will be in stronger steering mech- anisms. Spindies and front axles have been designed to withstand greater Jolts, and improved lubrication has been provided to prevent undue wear and consequent weakness But while the public is visiting the show and looking at the “new” develop- ments for 1924, the engineers will be already at work creating devices which they are pianning for 1925. DRY GOODS MARKET. NEW YORK. January 3.—(Special) —Cotton goods markets had got back about to normal today, after the holi- days, with a falr amount of rather cautious buying. Prices were firm, With many dealers talking of in. creases. Print cloth quotations were 11 cents for 64 by 60s and 121 for 68 by 72s. In the raw silk market business was reported quiet at un- changed prices. NCIAL. NEW YORK CURB MARKET Recelved by Private Wire Direct t> The Star Office BY WILLIAM F. HEFFERNAN. NEW YORK, January 3.—The curb market today bere the appearance of heaviness and aside from the motor stocks lower levels were again the rule. This was especially true of the oils, which showed plainly that the recovery of the past two months had discounted present developments in the oil trade situation. Standard subsidiaries encountered support from time to time, but the selling was heavy enough to bring about declines of from one to five points in numerous issues. Included were: Magnolia, off 5 to 154; Indiana, down & point on large offerings; Im- perial of Canada, 2 points lower at lllfi.ggnd Prairie Oil and Gas, down 5 o 263, Lago Petroleum and Arkansas Nat- ural Gas. among the independents, gained fractionally, but others moved in sympathy with the Standard Olls. This deciine occurred despite the falling off in domestic crude produc- tions reported by the American Pe- troleum Institute during the week ended December 29, and the advance of 1 cent a gallon in gasoline quo- tations in the Ohio district. The strength of a number of the motor shares appeared to be due to the repurchasing of stock sold a month or so ago for the purpose of recording tax losses. This was especially true of Durant of Delaware, which crossed 35 on a large turnover. The stock was also helped by the publication of 1924 pro-! duction figures. Peerless and Stutz did better and the new Hupp and Reo were up fractionally. Weaknesss in the oil group had an unfavorable effect upon other indus- trial specialties. The new Gulf Oil 53 per cent bonds were admitted, and were quoted 100% bid for the 25s, while the farther dates were slightly lower. _ NEW YORK. January 3.—Following is an official list of bonds and stocks traded in on the New York Curb Mar- ket today : Sales in BONDK. thousandx. 5 Allied 'Packers 8s = Allled Packers 83 10 Am Cot Of1 ts. 24 Am Gas & Elec Am Lt 6s Am T & 1 14 Anaconda ¢ 1 Chie & Northw Citles Service o Inter Match G wi 2% Kan City Term Slis 10045 um Ol 75 Virginian Ry Co 3% 23 Webst Milis 6138 w { 101 N BONDS, Sales STANDARD OIL ISSUj in_units. 600 Anglo Am Oil . 110 Buckeye P L 200 Continent. OIL” pew. 15 Gal Sig 0 [ 600 Hum Oil & Re new 39 30 P L ... . 141 Imp Oil of Can ... Ind P L 7600 Inter'] Sales in hundreds, 21 Ark Nat Gas . 5 Gulf Oil of Pa 4 Gulf St 0 &R wi Keystone Ranger 1 2 Bkiyn Shoes Inc. i Bkiyn City R R... 13 Candy Pr Corp w i 22 Cent Teresa 1 Centrifug Iron Pipe 1 Onle Nip new wi... 5 Ohilds Co new wi. . er 14 Dunhill Intl Inc. 42 Durant Mot ....... 2 Durant Mot of Ind HYATTSVILLE. { HYATTSVILLE, Md, January 3.—| (Special).—The Items and amount of bonds for the new schools in Princel Georges county to be embraced in the bill to be laid before the legisla- | ture now In sesslon for approval is| expected to be settled upon at a| meeting of the county board of edu- ation to be held in Upper Marlboro Tuesday. Attention also may be given 1o the preliminary work incident to preparation of the 1924-25 county Xchool budget. The county schools reopened yes- day following the Christmas vaca- n. . The next holiday will be Eas- ter, George Washington's birthday no longer being a holiday in the Maryland public schools. Teachers Resign. | These teachers recently have re- signed from the county schools: Mi Alice Stringer. assistant at the Fo estville school; Miss Margaret Du- ~all, teacher at the Woodville school and’ Persis Jennings, assistant in the Bowie colored school. Miss Duvall's successor has been chosen and the other two vacancles are expected to he filled within a few daye . The vacancy which has existed for some time at the Fort Washington school has been filled through wppointment of Miss Mary Short, formerly & mem- er of the faculty of High School. - Tennysine Invitations to attend the Ktate meeting Of superintendentn s County boards of education to b B in Baltimore January 24 and 25 hewa been extended, Prot. Nicholas ‘Orem: county superintendent of sel Shembers of the board of efucating Tor this county. . ot education YOU CAN RENT FURNITURE For Your Home or Office Also for Card Parties Weddings Receptions ‘Theatrical Plays, etc., FROM H. BAUM & SON 464 Pa. Ave.N.W. - Franklin 5392 1 Film Inspect Mach. 1 Gillette § R.. 3 Gleasonite Prod 3 Glen Alden Coal... 9 Gold Dust Corp w i 13 Goodyear Tire ... 1 Grt West Sug new 1 Heyden Chem 2 Hupp M G new w i 1 Inter Cont Rubber 4 Int Conc Ind_Corp 3 Kresge Dept Stores 4: Lehigh Power sec.. 3 7 Lig Myers new wi 1 Yiccrory St cfs her at Dairy Prod ‘wi N Y Tel Co pfd & Tilford Radio Corp 20 Radio Corp 1 Reading Conl w i.. 1 Repetti Candy ..... 2 Reo Motor . 60 80 C & 1 new 3 South Calif EQ 2 Btutz Motor . 1 Tobaceo Prod Expt 2 United Bakerles ... 3 Unit Pft Shar new 8 Uni Retail C pfd w'i i Willys Coro1st ptd Make 1924 an Investment Year Select a security combining Safety Large Earnings Salabili Purchase for monthly income Now yielding over 8% Circular on Request Thomas W. Brahany & Co. 510 Evans Building Mal Wi Co st Yel Ta Cor Anglo Am of § Cavario Copper Candelaria Min Cent Am Mines. Cous Cop Mine new Cortes_ Silvex . 1 Cresson_Gold . Orown Reserve Divide Extens Dolores Esper First Nat Coppe: Fortuna Mines Goldfield Develop . Goldfield Florence old Zone .. Hardshell iin .. Hawthorne Mns | Hollinger ... Homestake Exi Independence 1 indian Mine Wenden Copper West End Consol a ‘WOOL MARKET QUIET. BOSTON, January 3.—(Special)— Australian wool is appearing in this | = market, one cargo having come in on the Eastern Moon, with another ex- pected next week. Foreign price continue to rule above those here. furnishing powerful support at a time when more or less uncertainty prevails over the outlook for the heavywelght season. Receipts Wed- nesday were 2,121 bags of domestic and fourteen bales of foreign wool. —_—— The first commercial radio license given a woman has been issued to Mrs. Frank B. Chambers of Philadel- phia. She is an instructor in a wire- less school. 'FIRST MORTGAGE NOTES For sale. Consult us if you have avallable fusds for investment. THOS. E. JARRELL Wember Washington Resl Estate Board ‘Woodward Bldg. - Main 766 BARNUM WAS RIGHT —there is “one born every minute,” or SIX HUNDRED MILLION DOLLARS would not have been LOST to the Ameri- can people through UNWISE INVEST- MENTS in 1923. This estimate is made by the Better Business Bureau of New York City. START 1924 with a resolve to stick to basic principle of SAFE INVESTMENT by placing your money in a “sure thing”— viz.: FIRST MORTGAGE improved real estate in the District. We have them at the highest rates of interest to be absolutely secure, and our MORTGAGE DEPT. will cheerfully fur- nish details. NOTES on SHANNON- & LUCHY| 713 and 715 14th Street NW. Main 2345 No Loss to Any Investor in 51 Years HE F. H. SMITH COMPANY, founded in January, 1873, celebrates in January, 1924, the completion of 51 years of service in the field of first mortgage investments in Washington, D. C. During that time its offerings have never caused any investor a dollar’s loss of principal or interest. For the January investor this record stands as a depend- able guide to investments that combine safety of prin- cipal with a liberal and steady income. Our First Mortgage Coupon Bonds are secured by im- proved, income-producing property in Washington. They are sold outright or under our Investment Savings Plan, in denominations of $100, $500, $1,000 and $5,000, with a wide range of maturities. 6% and 7% ke F.H.SMITH COMPANY SMITH BUNLDING Include m Your Plans for 1924 Five Convenient Banking O ffices 8156 FIFTEENTH ST. A Growing Savings Account. A Checking Account. A Safe Deposit Box. A Trust or Agency Agreement With This Company. A Will Drawn Naming Us as Executor and Trustee. AMERICAN SECURIT e s AND TRUST COMPANY o 15th and- Penna. Ave. Capital, Surplus and Undivided Profits Central: Over $6,000,000.00 BRANCHES Northeast: 8th & H Sts. N.E. Southwest: 436 7th St. S W. Northwest: 1140 15th St. N.W, 7th & Mass Ave. N.W. We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street FIRST MORTGAGE .INVESTMENTS Need no recommendation to the con servative man or woman. They de- mand these hazardous risks with the insecure and unsf 1% and safety is far better than 10% and uncertainty All our notes are guaranteed by the Title Insurance Companles, besides we attend to the details, collect and remit interest the day due. Get our et on mortgages for complete details. Chas. D. Sager, 924 14th Street, N.W. Loan Department Main 38 ‘E;B;nd Record of 1923 We have had prepared a comprehensive record contain- ing price range, tax status, denominations. sales, maturity and interest dates, call price, quotation, last sale, income value and yields of all bonds listed on New York Stock E: change. A limited number of these records are now ready for distribution. A copy will be sent free upon request. Henderson-Winder Co. 917 Southern Building Correspondents of Lee Higginson & Co. Boston, Chieago, New York EQUITABLE Co-Operative Building Association Organized 1879 44tk YEAR COMPLETED $4.755,170.52 $1.248320.08 Save Systematically Assetn . Surplus ing is to adopt a systematio stick to it. Join the Equitabl Subscription for the 86th Issue of Stock Being Recefved Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. N.W. JOHN JOY EDSON, President FRANK P. REESIDE, Sec'y FINANCIAL. Money to Loan Secared by first desd of trust asta Pravalling tntarest and. commissions Joseph I. Weller 420 Wesh. L. & Teust 79, First Mortgage Notes Becured by firac Geed of trust on high- im D. C. new homes. for sale in denomirations of 4250 to $5,000. CORY & CORY, 907 15tk N.W. Parcel Post Insurance 20% reduction in rates You can now insure a 25-dollar package for 4 cents The cost of Parcel Post Insurance is so small —the protection so very great. Insure every See your agent or broker for full particulars. INSURANCE COMPANY of NORTH AMERICA Philadelphia The Oldest Amevican Fire avd Marine Insurance Company FIRST PldRTGAGE NOTES FOR SALE IN DENOMINATIONS OF 800 DOLLARS AND UPWARDS Rindsdd H Hoyon # %, 1807 Connecticut Shhenue YOU CAN'T INVEST AND SPECULATE AT ONE AND THE SAME TIME Today you can get an abso- lutely safe investment to vield ver @ Qusrte an adequate return. of a OUR FIRST MORTGAGES Century Without : 5 Invest your funds for the in- @ Loss terest they return—don’t spec- ulate. B. F. SAUL CO. Main 2100 1412 Eye St. N.W. JANUARY INVESTMENTS 6% First Mortgage Notes EVERAL attractive issues of first mortgage notes, bearing interest at a higher rate than 6%, are now available for January investment. Each loan is a true investment in every sense of the word, and is of a type desirable for individ- uals, trustees, institutions and those to whom safety of principal and prompt payment of both interest and principal when due are the first con- sideration. We are unable to predict how long this rate of interest will continue, and we therefore suggest you make reservations without delay. Swartzell, Rheem & Hensey Co. 727 15th Street Northwest 54 Years Without Loss to An Investor