Evening Star Newspaper, January 28, 1924, Page 19

FINANCIAL, HE EVENIN( WASHINGTON, D. €, MONDAY, JANUARY 28 1924, FINANCIAL. EXPANSION 1S SEEN | T ~NEW York curs MARKET | |ANOTHER TENTILE [Cepmies Gttt | | [Tips for Taxpayers| [ FE. Morisnse, Lonnt Morgage Moser to Lon Recelved by Private Wire Direct to The Star Office Thomas J. Fisher & Company, Inc. property. Prince Georges Warfare Ae- 25 738 16th Strest A |N STEH_ |NDUSIRY ot WILLIAM ¥. REFTRRRAN. | [dend basls of §2 8 share efors long MERGER REP[]R]'H] Sttt BT s SEOEREE | = | FIRST MORTGAGE NOTES = S s o Sl s & " D> Siars i rev ac r fai e 3 e e. Comsult us if you have avallable can Gus and Electric new , , the revenue act for failure or For sale. Co NEW YORK, January 28.—Thestart | o AMmerican UPPER MARLBORO, Md., Jan n e e tastit to misie taives funds for investment. another favorite in the recent buy- - : 1 M [D of the new week on the Curb Market | ing, felt the effect of reallzing sales uary 28 Hoping (o glve Wmpelus [ quired income tax return and pay oney to an THOS. E. JARRELL was another day of advancing prices, and came off & poin to the fight against bootlegging the tax on time—on or before Becured by first deed of trust real estate | = Re: Estate Material for Millions of New | aithougn the ris t as uniform | O SRATES B8 ment. many reaen. |New England Mills to Take| i» Prince Georses county. the | \ury5 ir the return is filed on Breventiag Minest: suupoietimtont e ] Membes e i tn el SR S altho e rise was not as their upward movement, many reach- = gl March 15, J et 420 Wash. L. & Trust | | 837 Woodward Bldg. n as that of last week. ing mew highs for the vear. Special g county commissioncrs have passed | o uyongay year basts. If the tax- |JOSeph I Weller {20 Wesh, & & Test | 4 - th was noted In Swan and : an order allowing constables one- S Hie Auto X to Be Profit-taking sales became increas- | Strens ot Tnat o Ovi Indian H : payer makes his return on the tos Expected ingly heavy In some directions, re- | Finch, Standard of Tadians, Buckeye er Large ead half the fines imposed by justices i poon’ EEECE (S N ve fled H sulting in good sized declines from | Mountain Producers were an ex- : of the peace in liquor cases, un- on or before the 13th day of the Washington’s OLDEST National Bank Biggest 1924 Factor. | suine in oo et e o | cention 1o the Keneral tcnden Plant in Alabama. Gor icictive Tawe wicto thalin [ o mStoTei R ek Ay of e Washington's OLDEST National Bani 0w point_at one. time. ikt — ites. Included among these was the | Eettng O hrasiey e - formation leading to conviction is | ,¢ (1o fiscal year. 3, VL, new Warner Brothers Pletures, which | and Arizona Land both went Into new | g, Tipate > furnished by the constable. For failure to file a return on B cre ey Bef h I eas BY & & IROTLE. 20ld down to 10, agalnet the previous | high ground before-the rise’ was|Eliastebtothessr This added allowance, it i3 [ time a (axpayer becomes lable ¢ 11 ore the r ury Special Dispateli to The Star. s G 8 s ked. STON, 28— i : v & penalty of $1,000 and a further ) . oy 3o NEW YORK, January 28.—Strong|Cclose of 113, These shares Were|™iyarges of the Federal Trade Com- | the tendency of New England textile ‘;‘&"'(?{, it ;’:r‘“"(,{"tt‘,‘.'iffhfl-i in penalty of 25 'per cent of the Bu] mg as Erect hopes exist among steel producers | Prought on the market for the first | migsion that the Itadio Corporation | mills to broaden activities in the| liquor cases. A SBlout Ot o Ml e e that mill operations will increase | time st weels initlal sales taking | of America, WL NN OU0CF SOl | south. come announcements that the = — - tactoetly thown. 'to. the comues i “The Metropolitan hegan serving the materlally in the next two or thr Net earnings for the nine months | buciness brought some selllig into | Nashua Manufacturii Company will| gRANCHES REFUSED stoner of Internal revenue that ti L% public many. vears before the present months, The they is too|cended December 31 last, after all| Radi preferred and common. Du- |merge with the Indian Head mills of lelinquency was due (Ul?.. l": fl‘r’\l] "l U. <. r(-ag;ur\-' cdifice was built. Sl 2 Sires 0 s as 5 i not 2 S to P . vdictions | deductions, were $685,750. It was re- | bilier, on the other hand, was again| Alabama and that the Lonsdale Com- SRuse, Al . i o wareane et preaions dueian Word adlh 8o v | B 8 7 bt bl et Xabama and St he vonmaale Con |70 NATIONAL BANKS R g } L, el and January is a poor month O, place the stock on an annual divi- ound 1 Teetng o e € rr‘m‘ng‘n:j'l“m mxh«fi !fi\ ! A connection with the OLD: which to base trend predictions in Pl | larging » plant at Seneca. 8. C. | | BY SUPREME COURT| or time a taxpayer becomes tiable Sihnil Basliitn the Districe of Colambia comparison with March aud OCtODC | < roRK, Janyary 28 —Following | 1 MitControl 01l fds 3 fClche: worliibg cormnins Sitt ihe year's imprisonment, ‘or_both, to- 4 gives business prestige as well as that the pivotal periods. Still they re- )i "un"omoial Tist of bonds and stocks Carlb_Sxod 2 4y 5 (Continued from First iEsthers il the O8RS pTORECH. A 1 satisfaction arising from permanency rd the outlook for increased pro- |mm"] in on the New York Curb Mar- 1 Central Pet ....... fdian Head mills for some time. It} selenitoiy tlon and a penalty of 25 per cent N atisuls T oI P i s Gities: Bervic 4 % anne 5 o amo! of t ax, 8 . Sarced . 5 teiad duction as favorable ket goday: Giuien Kery pei-C o is p'm;n. d to use the Alabama plant |banks at the Chicago and St. Louis | ©f th m .'L’:Lrnf;c]';:.;fll'i.. oot experienced management c-tried The:fact that modernization ¢ Shodheis e Sere ¢ erip. Sais, foeder to the New Hampahire |sxpositions aud also that JOVErRMent | fuity and ‘an understatement of Organized in 1814 policies. Homestcad works of the Carnegie| ' s Adted E Rery IseHy units, makings there products which |agencies had adopted similar policles, | 11,0 umount of the tax thereon mestead work VAT packers B Creclo Byns ot can be more advantageously turned | ¥ith substantial uniformity.” The [ gui SOt Q0 O N CRITE St 20l (1 | Steel Company will be hegun shortly et b = 3 Derby 0 & B Wi eoue Department of Justice's opinion May penalty ‘attaches, but inrereet Our Savings Dept. Pays 3% Compound Inlerest SuBToTts. this xdewpoint, | Homer Dl 4 ho Sak siscte 4 50 Engineers Pet out in the south. 11, 1911, was referred to in this con- 29 PEUEILY @ULENes, o of the T Numat Tob r 0it 30 3 he a i cements call | nection. tachas . 3 Williams, president of the company,| } Am fumat Tob tho 3 w00, s i - poundale improvements eal|SCLON,, . i ution thist hranen| deficle Bes &t Qlomate oESineR cgnc o today confirmed reports that large ndn G 2 2 GI 0N vot T err 49, 3 a weave shed for 1,000 looms and [panks were incldental necessities of [ & year. If the understatement ix sums would be spent i veHabRE “Am i ; g n Kock Of ... .35 0 W), | transfer of 500 looms from Rhode Is- [banking, Justice Sutherland sald: AL "*‘{‘I'n*‘mgf’ 1ot et Ao, ¢ Y i land. This transfer may be held up, | “The mere multiplication of places| Itasonable eare ander the creum: S £ ap COD 17 . g however. § o 2 where the powers of a bank may be L o o 5 o o Millions in Plant Expansion, R owever, if the forty-eight-hour bill [(iercised” (5 not, in our opinion, a| Ber cent of the total amount of Capital, Surplus & Undivided Profits Over $1,700,000 s Cos B 4 felB s i 3 % r deficiency, together w = & Reports that $20,000.000 would be | el e B 5 e e oy Rhode dsland legis- |necessary (nciden't of & banking bist | Lorst"oh T amount of the av- 1| 15th St., Opposite U. S. Treasury—110 Years Old pent on the work are somewhat| 33 S : . Latin A S S that a power which by falr construc- | ficlency at the vate of 13 per cent “xuggerated.” he added. “It is hardly | ] Mex OIL.. oot 4 NEW O Bank Loans in Year. |tion of the statutes s found to bel G %0 TPV 0% the installment quired. The object of the work i g £i5 1% | ora) Parm Loan s et the Fed-jcidental power. stallment from the time the in- | o 3 s stallment was due. If the unde along the lincs ot making possible a 5 " v : 10,152 loans totaling $21,938,000. Of | hibiting branches, does not frustrate | Stallment was due. If the i G e o e I D : ow i o w i i | this sum $5.949.000 went' to' faymers |the purpose for which the bank was | Statement is fraudulent with i DY 1o means certain that the - Cubsn TR L, o Mee Land. gustana, $6,922.000 to Alabama |created or interfere with the dis-{ [0 42" 6 not maore than $10,000 o » an appreciable cut in the 2 Detzow cus” Tlas i L H 3 Lo P Ao, Mississippl. | Loans | charge of its dutles to the govern-} ghd jmpriconment for ot more 9 ° cers e _the bank sin organization | ment or impair Its efficiency as a an ofie year, tomethed With. tha <3 s B 2 ; ds? total $76 505 000, Gete 2 E O s Stock Exchange Building e new equipment, of course, wi 2800 80N H s B P sment of 50 per cent o e il Mumen, o ovne o S ; . , Existed Hale Century. | assessment otso peroent of the New York ined. “But there Is & likelihood s : : b y ary 28 (Special).—| National banking associations have| & Uitat Che Grmabity 6F the plunt scih Be i 57, inees situs tlon in the north-|gone on for more than half a cen- eatly | inereased,” and it Cway bel ) { ; S nual statement fteaed taday B “0; |tury without Lranches ana upon the | banks, creatures of the federal | STOCKS COTTON nore men will have to be er - : : 2 Great Northen and Northern Pacific |theory of an absence of authority to | §overnment, were subject, they as- | GRAINS yed than are now on the pay roll A 5 X3S, Kccording to Bists . ted, exclusively to federal control and 83 tianl e sioiclon the pay Toll e v ke L = roads."according T businees men |establish then. i e ontl COFFEE The work ut Homestead is along the | 22 Nat Leat = _ Gsage 011 i income af slwelve months the | If the non-existence of suchling Lyginess. The States could not BONDS lines of reducing fixed arges and VTNt e Nl 4"':',[”.‘ . b m,‘“x{a Great Northern [branches or the absence of power tolragulate the cl of business such * SUGAR cutting cosis, whieh is making s S 4 P as comparcd with 1925 ae siag: Cutated o spbrat tn the detsiment|anks could nandle, they added mor | . noticeable ar appearance hi s i o e Northern Pa Ate jculated to operate to the detriment|in any way r te - ad aple aii aps Thin e . t of the Northern fic showed | of the government, or in such man- | trative aff. Hpetriadintih MEMBERS i Tigs L 1 Alited Pack pr pfd oo _ . 3102.- | ner as to interfere wi he efficienc o 4 grow of city pop = ’ St = . Y. xcha rs, plates and shape; 2 1 i 8 '?""“” nin-{cies, or to frustrate their purposes. !said, in congestion of traffic Chicago Stock Exchange Chicago Board of Trade rolled products which were unde! 3 ‘) A y A 100: net ope it 18 Inconceivable that the fact would | downhtown districts, and in 80 2 N. Y. Produce Exchange varticular serutiny late last year as | o o + { rease not long since have been discovered |velopment of residential sec New York Curb Market Minneapolis Chamber of 10 price maintenance. n are in fair L R Yo Bridgeport Meh ! and steps taken by Congress tolremote distances from the " = 'Association Commerce shape, according to the orders on the | S 0N Y > i Biiyn o Detroit Auto Plants Boo: medy the omission To accommod, distant | ere has made | “Clearly the state statute, by pro- mill books. There is a fair movement e - R sy 1, The state statute as applied to |the need is strongly felt in many ot rs to cold finished n factur- A tional banks is, therefore, sv litics, it added. for the 1K S el e man et in B e R o T T e e RN A R R WASHINGTON OFFICE oy bars tather freely. This litrer it & . & S 1 the Tevels of Tanunol ftory and enforceable necessarily distance from their banki » A deney ha en strengthened by 2 Sy o o New w * B rcaal o January. jcults, unless some controlling rea Hor the purpose of " e e e e e e | i ety pieicing’ un” " Tortiae” i Shice The. sanedon he pupesg e Misiss Blace, Woedward Beilding bituminous coal fields next spring 3 : s : veck sl .813 workers, the high- Tine 16 18 R cauld be s 13 Phone Main 2! and joblsers are stocking 1y for the cftys 1 VT cont spring trade. Some of the plate mills A 5 DL W g H 3 ek o rentiating, however hetw JOHN CALLAN O’LAUGHLIN : are running at higi schedules, while in automobile | kg dded el e ‘w){!r “r?i'\‘fn':li and_ ‘:‘,']f{{q,.‘fm}*"""' Manager others are closed entirely, but the ex- 3 " ki 1 In 4 i motor indus: 4 ) cess of plate rolling capacity pro- Russ Govt @Ghas... :mrul'fl u,,; 3 i i k;‘v“{"f in !u‘l i ‘_l.rnrlm\_;' k2 en- ! -,,.u,)w. ii.n‘ u‘h r o s FOLL SRR tuan Natlonal - 3 a Pent Motora. . 3% : ¢ jited States nor |1usiness handled at the duced by the war is not proving so X ationai 2 ent endeavorin eall the hank to ac- ISt Louis bank was correet, the gov- Lurdensome us wa f 10 Swins ¢ B o Bl & surdensome as was feared. bl Contl Tobs ... o... t for iu excess of itslornment stated, the )i business The automobite industry Is consum- e e Cob. & § thetee 8 1 Ganitine Prib . s a ¥ i 3 ot e R ot _ ianoline ex Jump. Ccharter powe it proposed to ranc ing large quantities of material, and { Sl I B e . 1 s R Rl Jump Aeier now, Vanter said that | 0TODosed to branch indications are that {t will continue | Salesin STANDARD OIL ISSUES Glon Alden Coal... K81y e - Speciall o [ the dissenting justices thought that to do so. Tl yrd production | uats Gold Tist Corp wi 37 i it Creck crude bringinge s1.20 e dissenting Jastic Divided Control Danger. M t N t schedule h; nced to §,200) 80 Anglo Am 0! . ¢ West Sug new.. Wi, uble n.p}f,‘m‘.‘. e I ma The controller % o % 1rs or gage [o) €S : cerns | s G 1015 Ruckeye P L. .. ¢ e ago. the - e cars and . and is ex- | 300 Continent 0 uew. . 3 Hod & dean mit.. 11 itce of taia e _p“;"L { corporate powers of such banks The [the supervisory pocted t *h the 10,000 mark April et B i fuy of o ! B v has | ntrol of states over national banks, {men 1. The company is well supplied e MR e e el 4 e o doventsa gallun cald, was confined exclusively to i hink toexe s pow with material and reports from Bureka ¥ L. ve 1% g " B - Kresge Dopt Stors I Few s . “dally obligations of the nativnal [transacting jts ul busir dealers indicate the spring demand | 165 Gal Sig Oil o sy, i » e = such as v it Wposits and [yond the walls of 1t main ofice, 1 will be fu up to expectatioi 2 Humble 0 & I new Mgh Power ser. . 0is jfor gae has declinéd only slightly eut of cheeks. ring th; all “usual business 0 Auto Firms Heavy Buyers. Imp Oil of Can.... Lehigh Val Coal ? & | . - sy onty slight Lad no authority to have [must be transacted in the main of- Iod P L....c.o Le Val Coal new w 5 Tobacco Market Active. i id, by t only the ifi Ford Company, however, is not | Intl Pet Co Ltdl.. 3 va It Co rts w e b % . he sald, but tha e whoie o Sod Sompany, honever s mot 27 Le Va It Corts wi 3i% . YNCHBL \ a 3 proceed i | The whoie national banking system Mrers new wi oy (si tic sainst the | would thrown Into confusion, the One of the largest parts| 13 T - % Hd i R 51 ctions agains 3 be thrown int nfusion, th who does business with near- ¥ Tranait o Midcale Co ¢ son on the ) v ins \)l"d ould the fed- . IV every Detroft automobile manu- Northern I 1.0 3ot Prod Co iiow i i Preasing 6.000.600 i te authorities have fivided t t e AL TR e Oblo Ol new rod Ca Rkt Taatheticontinues feet In Capital. Rl over 1 are oy Jenuansian 2 teasy s achodoles Pratrie Ot & > p AR (i, lactive, Last we le¢ exceeded ~cision of Justlce sutl ! The growtl of national banks can- % ons of s Prairie P L........ P 3 4 and rrice . t i t not be restricted to the e icular vear. one of his old Tne E Janking it t wa the St. Louis bank e stomers has increased orders, and | outh Peon O Eadio Corp 3 3 3 ¢ conditions required « : 3 iteas floase Notes now bear in- many new customers have been added. | Fowth e Ol o2 > Eadio Cos ared at the off - c v.duu“v" reauired exna ( UR First Morfgage Notes now bear an in General Motors probably* will turn 5 0 Kansay e 3 R .wu'C‘ TANK WAGON PRICE ¢ Unlike st 3 to its build 1 terest rate of 614% . B0 s o Mg .. ! governed b 3 king la i ed, locate a building ac out at least 750.0 s and the Over- land Company 300.000. Added to this S 0 Neb 5 1 Singer A < : ral bt . riti comes the report from Dodge Broth- 8 0N Y new So.C & 1 new District bank situation is suy JLIeEE ot sevecdl b I'hese-notes are all first mortgage securities ! s ith i fopm Dange Soothe e Y e Statz Motar b r of the c That was held to he merely ter i aadiies Lo xumiurof"]';‘i‘i 00 O 7, 8 i F AS I_IN RA'SED,,( athori * this supervision [of convenience wnd sound business | i the same type we have been selling for over 54 | | | * cent. Dodge| 0 Swan & Finch... % E z being vesie him through the|judgment 1 s N vears. and they bear our full recommendation as Brothers last year produced 180,000 | 5000 Vacuum Ol new B : : | ST gt o out eighteen mipossible condition . DO vehicles, hut their schedule f(;r this INDEPENDENT OIL G 1 ii 0 d T Cent Ad I | months - Lo ‘4’““{" \“'r';vl b mvestments ol merit and safety. yoar is 22 is significant, | in handreds. v b ne and Two Cen v. S Sergtion, allow % - tou iiliest cor rold for in previous rs the Dodge g BNCESTINs (hin di {those states which prohibit br Brothers' business has heen an accu- rate barometer of business for the 10 Allied Ol . e mission operate bran St Jnrie We suggest that investors participate in these 3 Al W : ’ i dn clude This City, Maryland, Vir- | Sankine oppouents aifiion e} B o oo e Dint new wi however, d tndustry as o whole ! LS Dt pf e i i ginia and West Virginia. i E Uit if losil Branchos e, while nation cult to predict how long this higher rate will 4,000,000 Cars Predicted. . 5 i {ar b ted in states wirich had nrrl P 1 The concensus of opinion amonz | Washington Stock Exchange. | B o ‘leading to the anmulment of |banks located in states wir prevail. manufacturers is there will be more SALES. rner Ill os Pie By the Associated Press i funn'vx; e wnlru\‘l"r « xl'l *(nS’D '8 ac <”lYl branc than 4.000.000 cars sold in 1924 ify &P a1 ot Vs Gar000] rren Tirox i %1 NEW YORK, January 95.—Advances: establishing these b ies. on the . Business in the last half of the year venke & Potumac el jof V. 531,000 1 iite Corp et gt 13 T e }]"‘“l'_’“‘ {ground that they are illvgal and —— We Will Gladly Reserve Your is not affected by the presidential- Reaity Lon, pastnt ety 3z 1 Q5 Rang e « allon in the tank | Giglation the intent of t = election bogey. A slignt recession is $1,000 at F: A Eisata o, agon price of gasoline we | paugh b Investment Until Your Funds Are expected to begin in July and last Vash. 3 a Do into effect generally in states alo Appeal by Bank. Avuiluble through October, hut this has heen | 10% be Atlantic Board S e %o racent i taken account of in the 4.000.000-car | Wash- » : the dlan e ""."';"' |”’d"‘ Lty Leaslly AR G Commercial National Bank—10 at 140, & at P L Py £ lishing branches was brought b K3 * . s 5 24 |0l Company of New Jersey arought | 88 Bro TS S ppeal by Co-Operative Building AFTER CALL. 5 . the price to 9 ceuts a gal 1 the First National Bank in St Louis COMMODITY NEWS Se-$3.000, at 6%, 1 Cottly | Maryland, Virginia and West Vi have set asids the decision of the | Association WIRED STAR FROM on o St 4 B e dack i inja and 19% ce Semsas Miteatiel coneia foldiag chal setiond ovasisea 1650 TS\VartZeH, Rheem 699 Hensey CO. L = Washington Gas Light—S at 48%s, 7 at 4815, | 1 “ts A nibie usive o Taes uf the sthtce ENTIRE COUNTRY | | ones—cant toans—3 aud 6 per cent B Dasiontfl W Rutte O e in ha St ltennine et i Co Hih VE W i . BONDS. 2 Emma siver ... ‘ 1 zallon In Pennsyivania and , ectics indiana, Iowa, Ki Junets 727 15th Street N NEW ORLEANS, Januar —Mil- . £ 140 Fortuna Mines - Texas Company met the in-|North Dakota E . O 5 o Lrs have bought practically ail the | Bid and Asked Prices. 310 Hastuen Min 11 o8 crease throughout Its territory. 1 homa, South Dakota. Utah. Accomplishes 54 Years Without Loss to an Investor B 10 West Virginia. "W Louisiana rice crop, paying $4.90 u PUBLIC UTILITY. e e | Wroming s atic saving This means they must get 51 cents | ARMCNAR 1O & Telga, 434 40 Relly Ext 2 3 matters of such vital importance as g 2 @ pound for the best zrades to come | Am, Tel. & Tel. ctl. tr. 5 b 4 Kerr Lake . & the establishment of branches. After Bes out {Am: Tl & Tel cony 10 Lone Atar . KA IN'SHARP ADVANCE | ik aeybmmsnt ot st e i scription for the > | Anacostia & Potomac 0 Mohlcan Cop the fed- . 1 C Pots 20 Nuti i had been set for reargument HOUSTON. January 28.—Business in | 8"% % *r&cphone os D Aatiomat Tia O R atut wax permittea o in 86th Issue of Stock the ‘ol towis of the kult coast flelds | (' & p. Telephone of X ninfon ‘Cop 2 3 tervene, and supported the St. Louis Being Received g has been stimulated by the advance ! Capital Tr = Ner HIIl Mines. L iti 3 9 and a number of other national banks Bipetihe e e e | s e o1 b e i it bt [ Shents, SIS e Wl 1 oA s enE ) Compe m{“,u’;“f{“;"e'm.:ocm-n 3 20 lied ’:‘:‘;‘h 3 i Settlement Cause Sudden | 2¥the national banking luws. et 2 0 an 0 On S T e o A - e g ol EQUITABLE BUILDING { Potomace - 2 80 Am ATTLE, 12 —Retai oac Eltc. < 3 X Spearhead A Declaring branch banking destruc-| . Arain e Tarket for anmimer ad | Washs Alex. & MU Ver cifell 7 Ratted 5| NEW YORK. January 25.—lmproved demoralizing to their banking s AOIN) JOX “BONON; Bresidont u cs. Tl x artment | Wash. - 3 1 United Verde Ext.. S 3 i tems should natioral banks be per- FRANK P. REESIDE, Sec'y, fall stocie. iThe lateest de nt | Washinzton : o 2008 conrl o { prospects for the settiement of mitted o engage in such practice g eve il sa G Washington o 15 Units Gold . Seitioh walivay. sontet . oir oo itutions were 118 to Europe next month to place in | w:uh.)m_v, & Elec! R 7 Wenden Copper . { British railway strike contributed to while their own institutions ~wer iingland, Germany, France, Ttaly [ : 30 Weat End Consal |a sharp ris terling exchange to- (Prohibited, When federal authoritics on i Lo o T e oaginea e (e Totee - — . the demand rate mouncing 2%, (411 tg entorce he laws of Coneri || FIRST MORTGAGES || AKE every dollar you save earn 6%2% tha nov n 1924 will be | 5 2 2 s to $4.25%:. The franc at the'into the courts to have them enforc- c . e e o Hi gxs dieaits i 3 nto the courts r i i - Hlls squal foltiat ot Taat vear. e R ; GROUND IS BROKEN gsamr time gained 10 points at 4613 el espicially when such enforcement | FOR SALE or 7% by using our Investment Sav ing operatio will increase this n 3 {cents as measures designed to sus- 3% (ORSICETEd bY f the rights of | R . ; Fi ortgage Coupon gl Aocoriing to nins Tumber: oo FOR COLORED SCHOOL | ain paris exchanke came to o test thelr “cliisens and the protcedon o AHE TV BE OF SECURTY ings Plan to buy First Mortgag p rel v attended he Southwestern S e 1 vote the chamber o eputies. |th, ! 1 a ty rights. N= Lumbermen's Assoclation conventio | e s b e & i |l el and pakersy aUCE NEooRe ey i Bonds. here. D. J. Farr, president of the as. | - Secam, Work Soon to Begin on Cardinal|of Denmark, ad: d in sympathy. |eovereignties they had the right to _ sociation predicted a steady increase | American Lel, & Telgs.......- 1585 S bone i i e i {protact their own sovereignty as well IN DENOMINATIONS TO y in sales without danker of inflation. QRN lon. Gan.. i - ons Institute, St. Marys OUTLOOK % the " rights of thelr citizens| SUIT PURCHASERS Under this plan you have 10 months to S 2 o i vages . dene Mo EERECRT TR Couty; Md. 'BUSINESS OUTL feoRiets alieeed on tho ‘part'of fei- | yANFEG B GHEA complete your purchase after making a C ¢ renor hat | wash. wy. & - prysses AR : = eral officials. ’ the movement of Californla e Terminal Taxi com. 50 5 Work shortly will begin. on the o jonality of . dried frult to Burope whl continee ! T S ATIONAL BANK erection of a school for colored youth STEAD“.Y |MPROV|NG‘[|§“F’.}S§2?’ 1::,T|‘|',‘1‘E"1T\3“°:::| eon- . first payment of $10 on a $100 bond, $50 for'come time to come. " Cargo pace | ATIO) ¥ in St Marys county, Md, fo & e I ala not prevent 643 Louisiana Ave. N.W. tond on Buropean-bound hoats has been | Cpital known as the Cardinal Gibbons In- S L athen of bational banks within 7 = on a $500 bond, or $100 on a $1,000 bond. eontracted for well into April, Hooumbiel | stitute, ground for which was broken {their borders, the states Insisted that — F— 2 ! > s i | Gemmee Friday ! Price Trend and Flow of Goods to the national banks by their charters DETROIT. Jay . act | Do, The first sod was turned by Bd- G : tablish only one ! . ; that the Paige Detroit Motor Com p : |ward Colbert. colored, of this cit Consumers Reported e hine lstication. We Buy and Sell | Mail the coupon below or telephone pany plans to go in for volume pro. iwho made the first cash donation to | Fach branch bank, such as that > duation this year. turning out about {Wneln -ooroilii,® > \the fund. Chairmen of the various satisfact | established by the St. Louis National o Main 6464 now for a copy of our free book- 75,000 cars, Is held responsible ‘for | Xatonsl 4 colored committees repreSenting atistactory. | Bank, was a distinct banking unit, (4 on .. & . the drastic price-cut recently an- | BIgES, - counties in Maryland each removed e | the state insisted, although it was let giving full information. nounced, which reduced the price of | Xytional Bank of Wa % a shovelful of earth and pledgel | conducted under direction of the offi- the touring car model $655. = e | funds. Special Dispateh to The Star. S e e osreat hank, They de- SR o . & [ & . Addresres were made by Admiral| NEW YORK. January 28.—Events at| clared that in practice there was no T as N t i i 4 B I e L o i el e {3illiam S. Benson, U. S. N.. retired; | tlie turn of the vear have further forti- | material _ differentiation betwcen ! re. otles No loss to any investor in 51 year: llare expect another prosperous year, | Merchants' Bank - H | William S. Aumen ‘of Bultimore, past | g.q configence in the business outlook, | branch banks, which Attorney Gen. | here expect another Drosperous year. | Mot avinge & ‘irust |state deputy of the Knights of Co- | S ranty Surver, publisheq | €¥#] Dauherty in an opinion had | Et Nator Comnany, Aeclared. ¥ oan | Unton Trust.. . ..jlumbus and vice president of the |states the Guaranty Survey, published|y.)q yplawful, and branch offices, | C. Motor: A aeg Al ie_antlel- | \Washington Tosn hoard of trustees of the institute; today by the Guarauty Trust Company | which he had declared ‘permissible. | pated strong demand this yeal from T, P. Williams of Wynne, Md., o New York They aiso recalled that George W. hose sections wiich have been most | h » #lof New York. { Thes T, 4 e : : !member of the Maryland house of | wpuviio ic st ) e Wickersham while Attorney General Bond Department S iny e TR0 e | e !delegates and treasurer of the board |, . BiNg I8 still gencrally consersa- o i Neld that national banke were P! ROEChETI ‘sn-\:rm‘ Kavings & Com.. of trusteés: A. C. Monahan, secretary | HYE [ 05, “4ISators are relatively | not authorized to conduct a banking e .. 5 4 —F Seventh Stre iof the board of trustees; Prof. o culatior - g business except in the place desig- . (e demand Tor Fovernment mealvking | Usites: State | Thomas Turner of Howard Univer. | Prompt, and speculation, for o rise .8 | natea in el certificates of organi- || The w"hmg(on Loan Chunded 1873 \was attributed t the desire of Amer- | Washington sity, president of the Federated Col- | Girme i niist branches of business do | Zation, and that as late as 1920 the C ican women to have a new fur coat | |ored Cl,lht]!llcn of the United States.!ynot call for heavy inventory accumu- m,,:,o“l" ?t cl: n;‘c). hui;&.m,‘,;;’,::g llld ‘l'm‘ ompany Vouke Fur Company. in 5. Feport to | Socon, | John Th Fafee, & 7. of Ridme, M. | e Y flona™® | Branches, and In August, 1922, had Ccommittee ropresenting the Secre- :7:'5::_ ::}nd &e“chloslng'gr;}e'i' by Rev. James | R degree of!c):znndence‘; With which stated th'l‘l’t he had not authorized a 9001 l-;hsgeet rary of Commerce. He sald sealskins | Natio . ews, S, J., o Alton, | business men make commitments de- [ national bank to establ wore well for three or four years. Md.,, both members of the board of [pends largely upon two elements—the | In states where state banks were not 620 17! treet i Pleas nd me, without any o‘”‘.’»‘f,‘“ on ’my part, a copy of your Columbis :r\uteen.he Rer‘._dtiuxh %idbnho(r’n, rec- | recent hlrend rrot ?r‘;c«;; iand the ‘f«‘lctnru permitted to do so. Dooklet telling how I can get 6,7 or 7<% on monthly savings. 1 Est: or at onal own, L, and Rev. | which have affecte leir general aver- - e il i~ PARIS MARKET HEAVY. e {H. J. Parker, 8. J. pastor of the|age, and the evenness in the flow of Rights of Cenxts. T T 28— Pri, i BIHOELLY 8. colored church adjacent to the school, | gonds from producers to consumers. To-| The St. Louls bank, supported by PARIS, January 28.—Prices were!p ¢ paper pto. also took part In the exercises, The |day these two factors promise a period | the federal government, and the na- heavy on the bourse today. Three | Merchants Transier & Storage. ¥ children of St. Peter Clavier School | of generally stable business in the im- | tlonal-banks which were permitted to Continentai Trust Company = | per cent rentes 564 francs. thaler Linotrpe. = ital : i “Dutch Market com sang several hymns and patriotic|mediate future. Sl o = Exchange on London, 92 franes 20 o . o S 1 "“The most sidnificant feature of re- | make the question of the jurisdiction centimes. it 0if Daton Mntes vt ‘ » i iment prices in this country is the com- | of state courts in such matters the One Million Dollars Five per ccnt loan, 71 franes 30 Lamston Monoty i == . tparative steadiness of their average, de. | principal issue in their attack upon centimes. Sanbington sarket - 1 Foundations of ornithology were {spite a slight net decline in 1923, as | the decision of the Missouri courts 14th & H Steeets The dollar was quoted at 21 francs | yollow Cab. || SMITH BUILDING 815 FIFTEENTH ST. aid by two Englichmen-in the -ov- |sompared with a more pronouneed ir- | prohibiting the St. Louis institutie = centimes. AR enteenth ceatury, Grease In the preceding year." from establishing & branch. National | ERINIIINITRANOUINNNIININE [ »