Evening Star Newspaper, January 14, 1924, Page 25

: 5 FINANCIAL ! L FABRIC BUYING SHOWS |5if;"s;, sitp, wir v close on) CRUDE OIL PRICES | ik, ans comoeny tes 52| MAD DOG INJURES MANY. [S5n: 725,308, oy, fnally, iiicd | Toe esrcnt attempt at sewing by 2 3 . s efier | machtnery of which there is any au- 2 ‘ 0 i€ cotton fabrics market there l Tlps for Taxpayers Transit Company ltnes, $3.15; Corning | I in) of ‘the vittima mere Nadly | themtic Tecord was T 1755, ‘whea A SOME IMPROVEMENT by Sooaceaiite mers, willinness to " ARE AGAIN BOOSTED| §:2¢0,.5, Bickeve Fipe™uine Com-| Animal Xilled by Police Atter Long {infurca a0d 1ad 1o be carrioa o & | machine wag patonted tn Engtnd bs < utors and cutters-up. This has been LAY Eratos wete dnchunged; s hospital for treatment. Charles F. Welsenthal. FISHER'S PRICE INDEX. AUGUSTA, Ga. January 14.—The entire police reserve force of Augusta NEW HAVEN, Conn., January 14 I o e‘lmmn to stop the onslaught of & mad | fi 1 No.. 13, noted in connection with printe, bleached goods and other limes. The deduction slvwal e o Reoession. in Raw Cotton Prices| A arge number of wholesale buy- ployer for salaries. or Wwages of |y tho Assoclated Press. i S Y ers of dress goods.'silks, knit go criployes is defined by the revenue PITTSBURGH, Pa.,.Japuary 14— Held Unlikely in Financial Rovione, etc, Sre expected hy the New [ wot| asi “a 'ressanable ‘allowsnce -kan tnereuse of 10.cents s bareel Circles. Vork market this coming week to Th the price of three grades of crude ofl & Special DL h to The Biar. attend the annual convention of the| fOr salartes or other compensa- 663-101 National Wholesale Dry Goods A\sso-! tion for services actually render- | \was announced today: The new prices NEW YORK, .January 14.—Aside from the Tather -wcnsational fall in vent—Investigate, ciation. ed.” Bueh eclaima to be allowed |are: Penmsylvania grade in New |economist, reports. the foreign exchange,-ihe new year careful a man can must conform closely to the word- ing of the statate. ) has not vet had sufficient time to{be after he's lost his money. Ale| The test of deductabllity Is ' er_any conspicuous trend. Martin says that @ man Who is not|{ whether the amounts paid sre Secretary of Agriculture: ex: atiefied with G per cent and his| reasonable, and whether they ad, T 'S confidence at the situation o arted. 1 e v . mong the farmers, with a growth of 11 Fact, purely; Lo peEsunal atry movement for diversification and ices. Reasonable compensation fs perative marketing and & reduc- FOREleN EXCHANGES held by the bureau of internal rev- in the acreage of wheat planted, enue to.Be the amount that would WHI“Blow an upward turn. - The dis: turbances. | : s oll and coal | ordinartly be paid for like merv- inces in the copper, oil an Go ST"_L I-OWEB| fecs by Mice enterprisea In ke markets promise some kind of im- | | eircumstances. was called out late vesterday after- 8oz which inflicted injuries to more than a dowen men, women and chil- aale |-T-=1n.%m:“nf-;;n T 37,000, I . = e S | _GORY & CORY. 007 15th N.W. Dean, Onativia & Co, [Firt Mortgage Loans Stock Exchange Building New York 1924 IS HERE—Ilet us help you start the year right financially by showing you how to avoid all possible risk in investing your money. - FIRST MORTGAGE NOTES we are selling are absolutely safeguarded against loss or depreciation—and they yield much greater interest returns than you can obtain from a savings bank or the average stocks or bonds of fluctuating values. Ask Our MORTGAGE DEPARTMENT to Farnish Details [SHANNON-& LUCHS 713 and 715 14th Street N.W. Main 2345 — provément.” particutarly oil. STOCKS : I The The indications are strong for & H tion T 1 A person who claims a deductton and shortage of cotion or, at the best, for g saxy | & nip-and-tuck.race between supply | Another Sharp Decline in British,| for wases or salary paid himsel: BON| and demand._The world's visible sup- - m JuErort he SmODNtex o ONDS DI¥- of cotton, -as reported by the French and Dutch Rates Jome, inst a8 any othen wage Commercial and Financial Chronicle R L el SalMuor vass < fan yerembes, 20 WSt Yae tSLo00 Reported. | who hus not beda emancipated— date in 1928, and e | allowed control of his earnings— 00 und ‘6.316.000 bales, respect- | ny e Assscisted Press. e o ooy O e n the corresponding dates in| “Npw YORK, J v 14.~Heavy sell- | able deductions. d 1920, For the same dates| s Nt i be world's supply of American cot-|ing of the forelgn exchanges in Euro-| , goa/'es, Patl employes may, be ~in this country, fn Liverpool, on | pean markets ceused sharp recession In| gyon payments are made in good e ” aprope. and 8o forth | Britieh, French and Dutch rates at the ; faith au compensation for services 0 and $515T50 halen, re- |opening of today’s forelgn exchange | ASHMLY rendered, providea thar )1 the corresponding date | market here. Demand sterling drob- | wry they 4o hot exeeen o ronmons 1 and 1920. The indica-{ped 33 cents to $4.23: French francs| able compensation. Such bonuses therefore, that the carry-|hroke 22% points to 4.42% cents. and| must be included in the returns of (yer from (Le small crop of 1923-1924 | Duteh gullders dropped 45 points {0 the reeiplents. Gifts to employes 1 be remarkably small, {f indeed (3695 cents. Itallan lire advanced 10| which do not have in them the ¢ will be any carry points to 4.4915 cents, melling for the | clement of compensation may mnot #peak of; and there s no reason to|first time higher than Prench france.| be deducted by the emplosgr. and 100k for a much larger crop in the |which created a new low record for all | need not be fncluded in thd return on year of MEMBERS - New York Stock.Exchange é\'hY Goé::andEx;:l?n%: : icago rd of Tra Chicago Stock Exchange . Y. Produce Exchange New York Curb Market : Minneapolis Chamber of Association Commerce WASHINGTON OFFICE L B B I Main Floor, Woodward Building Subseription for the Phone Main 2040 86th Issue of Steck Belag Recetved JOHN CALLAN O’LAUGHLIN Mamager Shares, $2.50 Per Month | EQUITABLE BUILDING T s ‘ - . 915 F 5t N.W. JOAN JOY EDSON, President FRASK P. REESIDE, Sec'y han in the lti Over 42,000 Depositors Capital and Surplus, $2,000,000 | |Going Up the Ladder | Of Success Is Easier —once you master the thrift habit. Money laid by gives you confidence in your own ability, frees your mind of petty worries, enables you to CREATE Your Own Opportunities. ¥ This bank makes a par- ticularly acceptable thrift partner, offering as it does protection and service in fullest measure. Open Until 5:30 p.m. Tomorrow Biggest Dividends {'The Savings habit pays biggest divi- dends when practiced persistently. Bet- ter a dollar a week steadily than more now and then, if you're really serious about accumulating a ‘“‘nest egg” of sizable use. WHY TAKE LESS THAN 6%% or 7% ? ’ WHEN you can get these rates of interest with absolute safety on First Mortgage Coupon Bonds that are strongly secured by improved, income-producing preperty in Washington, D. C., why be content with lower rates of interest? Put your funds into investments that combine attractive interest rates with this Company’s record of no loss to any investor in 51 years. Mail the coupon below or telephone Main 6464 now for descriptive circulars. Denominations: $100, $500, $1,000 and $5,000 Maturities: 2 years to 15 years Ve F.H.SMITH COMPANY Founded 1873 SMITH BUILDING 815 FIFTEENTH ST. Our Savings Dept. —serves with efficiency; Provides that security fostered by U. S. Treasury su- pervision, long experience and large re- sources; Invites Initial Deposits of ONE DOLLAR or more; PAYS T =2 in 1514, Sptaan i OFFICERS GEORGEZ W. WHITE. 0. H. P. JOHNSON. " B. OGILBY. 91 Become a depositor This Payday—we're rcady to help. Deposits Invited in Any Amount; Same Rate -of Interest Paid _on Small and Large Accounts LATHUR T BRICE %,{;,_,E‘;‘_‘;ggm, Open Until 5:30 P.M. Today, Tomorrow , IAFPERICKDeC BN Tons and Wednesday DIRECTORS: ...Prexident | Woosbury Blatr Wiiiiam D. Foover Pres. Reginald 8. Huldekoper urch Victor Kauffmana ol Charles Minshail H. Rosler Dulany, Jr. Edmund 1. Rbeem Wm. E. Edmonaston Frack Stetson ranklin H. Eflis Frank W. Stone Frederick A. Fenaing Wililam H. Walker H. Prescott Gatley Heory K. Willard él'Savings & Trust Co. Oldest Savings Depository in Washington | 3 Cor. 15th and New York Ave. VI 0 3% Compound Interest SAFE DEPOSIT EOXES TRUST SERVICE CedicT A e TRAVELERS' CHECKS—FOREIGN DRAFTS ”fiationafl Metropolitan Bank Capital, Surplus and Undivided Profits, Over $1,700,000.00 NERBERT L DEANNON B C.SHERIDAN OFFICERS: Tust Oficer Please send me circulars describing your offerings of 633" end 7% First Mortgage Coupen Bonds. Exempt from Federal, State, Manicipal and Local Taxation Naxigi 2o $60,000,000 Ten-Thirty Year Federal Land Bank 4:% Bonds E Dated January 1, 1924 Dus January 1, 1084 i\.fi E_i:}ch . J Not redeemable before January 1, 1934 ¥ i Interest payable January 1 and July 1 at any Federal Land Bank or Federal Reserve Bank. Prineipal payable at the Bank of Issue. Coupon and registered bonds (interci:angeable) in denominations of $10,000, $5,000, $1,000, s TGtor e ALt Sth ey o] $500, $100 and $40. Redeemable at 100% and inicrest at amy time on or after January 1, 1934, and subscribed before me (his 9th day of | Tamyary. 1 g ) A, PooLE, rs Fublic, D, €, B e The Sopreme Court of the United States has upheld the titutionality of the Act creati , o -n‘«x ”A‘V:’fi’;';" ; ."-‘ et TR the Banks and exempting these Bonds fromug'ed.ll, s::;'. municipal and local hnl::.. least three of ors. First Mortgage Notes Operation: In six years of active operation the 12 Federal Land Banks have.been built up until on November 30, 1923, their Capital was $42,884,600: Reserve, $4,050,500; Surplus and Undivided FIRST ‘MORTGAGE NOTES FOF sale. Consult us if you have available funds for investment. THOS. E. JARRELL Wember Washington 'Real Estate Board | Woodward Bldg. Main 708 | Becured by first deed of frust on real estats. Prevailing interest and commiesion. eller 420 Wash. L. £ i . & Trus Bidg., Oth & ¥ N.W. We Buy and Sell Liberty Bonds Treasury Notes g " Bond Department The - Washington Loan and Trust Company " 800 F Btreet 7. 620 17th Strest "Alex. Brown & Sons Profits, $4,401:459; and Total Assets, $871,146,694. -All twelve Banks are on a dividend paying basis and every bank shows a surplus earned from its operations. Acceptable by Treasury: These Bonds are acceptable by the United States Treasury as security for Government deposits including Postal Savings Funds. Legal for Trust Funds: The Federal Farm Loan Act provides that the Bonds shall be lawful invest- ments for all fiduciary and truse funds under the jurisdiction of the United States Government. They are eligible under the laws of mafy of the States for investment of all public and private funds and have been held eligible for investment by savings banks in 37 States. The United States Government, as of January 1, 1924, owned approximately $2,000,000 of the capital stock of the Federal Land Banks. The Farm Loan Associations, during the years ‘1922 and 1923, acquired approximately $19,000,000 of Federal Land Bank stock, part of the proceeds of which was used to retire stock owned by the Government, as required by the Farm Loan Act. The United States Treasury bas purchased and now holds over $100,000,000 Federal Land Bank Bonds. While these Bonds are not Government obligations, and are not guarantced by the Government, they are the secured obliga- tions of operating under Federal charter with Governmental supervision, on whose boards of direction the Government isrepresented. . At the request of the Federal Farm Loan Beard in ce-eperation with and on behali of the Federal Land Banks, we efler these SBends ati Price 100':% and interest, to yield about 4.70% 1o the redeemable date (1934) and 43(% thereaiter te redemption or maturity. Har-is, Forbes & Co. Brown Brothers & Co. Lee, Higginson & Co. The National City Company Guaranty Company of New York mm-fiumnm“mmmmm_flm-untlnhumuM HE investing public has been quick to recognize the investment opportunity in our 674% FIRST MORTGAGES. The Notes are all first mortgage securities of the same type we have been selling for fifty-four years, and they bear our full recommendation as invest- ments of safety and merit. We suggest that investors participate in these Notes to the fullest extent possible, because it is difficult to predict just how long this higher rate of interest will prevail. . We will gladly reserve your invest- ment until your funds are available Swartzell, Rheem & Hensey Co. 727 15th Street Northwest 54 Years Without Loss to an Investor