Evening Star Newspaper, March 12, 1924, Page 27

4 t (3 v A N S FINANCIAL. COMPETITION SEEN ~ INFRUIT TRADE Michigan' Also to Fight for Part of California Vege- table Sales. BY J. C. ROYLE. a1 Dispatch to The Star. . NEW YORK, March 12—Michigan producers are whetting their knives for a bitter battle with California growers for markets throughout the eountry for several varieties of fruits and vegetables. The consumers and dealers in various parts of the land are prepared to watch with consider- able enjoyment the progress of the battle. Southwestern Michigan nurseries are selling hundreds of thousands of grape vine seedlings, and the spread of grape growing is extending into scores of districts in southern and western Michigan, where the indus- try heretofore has never been intro- duced. Last year Michigan grapes were sold in thirty-four states and 119 markets. About half of the out- put of the state was consumed in Pennsylvania, Ohlo, Michigan and Tl- tino! The railroads carried about 1,000 carloads away from the Paw- paw district. the total amounting to mearly 5,000,000 baskets. Rates Important Factor. Some of the growers are worried over the California competition in view of the increase of output ex- pected this year. But there is a dif ference in {reight rates of approxi- mately $35 a ton between California and Michigan into the district center- ing around Chicago. The motive b hind the increase primarily, how- ever, is that the stricter enforcement of prohibition will drive more people to_making their own wine. The below-zero temperatures which have occurred this winter have not damaged the Michigan vines, and growers, In consequence, look for- Ward to a heavy crop. The west Michigan field reports also declare that 1924 should show a bumper crop, as this follows a comparatively light Year, and the Michigan vines usually alternate in light and heavy produc- tion. No Worry in California, The California growers show no symptoms of anxlety over the situa- tion. There was a shortage of refrig- erator cars during the peak of the 1923 California grane season, but this shortage was far lighter than in 1 and the Southern Pacific road is counted on to improve this season the remarkable record of efficiency hung up last year when its freight cars averaged forty-two miles a day, or twelve miles farther than the goal set for the railroads as a whole. Michigan produced 6,532.000 bushels of beans last season. This is es- timated to be 40 per cent of the white pavy beans produced in the country. California also is one of the leading bean-growing states, Officials of the Michiga Jobbers' Association now estimaute that 30,000 acres are devoted in the state 'to by i and that by scientific cultivation an increase of about two bushels an acre has been added in the last few vears. The association is endeavoring to find mgans of getting beans to the p!’\nchif eastern markets, Boston and New Ybrk, In_competition with Cali- fornia beans, which over a combined water and rail route pay 30 cents a bushel freight, while shipments from Michigan to the same points pay 50 cents a bushel Competition in Beet Sugar. beet sugar into of the coun- crs of the mpetition on that California’s crop market carliest, but sumed in the west. ETowers now have ar- Tived at a settlement of the contract price with manufacturers on a basis of $9.2 a ton Yor 1924, This com- parcs with a price of £7 a ton last year and $12 in the short sugar years of 1920 and 1921. The contracts in Michiga are not on the same hasis California. The Michizan provides for a “fif fifty split of the difference between the contract price and the price the sugar brings between grower and manufacturer. he heet growers of the far west, in neral, work on a sliding scale. pro- ing that a_cer sum_goes to sem from each advance in the price of sugar over a certain Yigure. FARM IMPLEMENTS SHOW EXPORT GAINS Exports of agricultural implements from the United States in January again increased, amounting to $4,- 369,386, compared with $3,336,188 in December and with $2,544,284 in Jan- uary, 1923, according to Gerbe B. Bell, chief of the agricultural implement division of the Department of Com- merce. This is almost double the ex- ports In January, 1923, and three times those for January, 1922. In the latter month exporty were almost at the lowest point reached during the period of depression, and in the first month of 1923 weroc well along on the road to recovery, so the ex- ports for the first month of 1924 have reached a very healthy figure. — A Fool and Hix Money. try has brought two states into e ., however, those in reement printed in fancy green scroll work is no proof that it is worth any more than ordinary wallpaper. Thousands of people in Washington would have saved their money if they simply had asked thelr banker to tell them what e knew of some supposedly wonder- ful investment. Crm s RICE PRICES ADVANCED. NEW_ORLEANS, March 12 (Spe- cial).—Best grades of clean rice are quoted here at 5% cents a pound, an advance of half a cent a pound, fol- lowing publication of the report of the Rice Millers' Assoclation show- ing distribution of 926,000 pockets | for February, which was much larger than expeoted. Good grades are be- coming scarce. Mexico is a large buyer of low grades. DIVIDENDS. Pay- Stoek of Coerpany. Pr. Rate. anit. ‘Hecord: Am Gss & Elee... 25¢ Gas & EI pf. Q 1%% e Shoe 3 F . R ferebiaag S 15 X ghisn Tom mpire’ Safe Famous Guolf Oil ...... Tinmble Oil Howe Sound. %1l Toose - Wiles “Bis- e SRR B b " - & zp BEDE .—;.=.-<.~5.¥?- U} et ez e F GERREY £ NEW YORK CURB MARKET | Recelved by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. NEW YORK, March 12.—The im- portant changes on the curb market today were on the side of advance, although the market continued to move in an irregular manner. The feature of the oil group was a rise of more than 13 points from Tues- day’'s low in Prairle Oll and Gas, When it sold above 253. Buying to- day was based on unofficlal reports that a good-sized extra stock dis- bursement was being considered. The directors meet Friday. Other oils did better, especially the high priced Standard subsidiaries. Borne and Scrymser at 262 compared with the prevcious close of 255 and a two-point advance took place in Solar Refining. A good demand ap- peared for Anglo American Oil, carrying it well across 17, while pipe line NEW YORK, March 12.—Following is an official list of bonds and stocks fraded in on the New York Curb Market today: Sales in BONDS, thousands, High. 3 Allied Packers Ss. 5 Alum 7s ‘25 . Am T i Anglo_Am_Oil 7iis 102% Ao Sim Haw Grie i AtG& WIS § Beth n rth a8, Penn Pow & Lt ox. Phila_Elec N Y 63500l Unit Ol Prod 8s. 1 Vacunn Ol 7s 15 '57 wi vt Bl o e ct 5igs. STANDARD units. 2000 Anglo-Am OIl . 0 Horne Scrymser 30 Buckeye P L. 60 gh bt Sales in o W Penn Mex Fuel 270 Prajrie P 40 Solar Refin 10 Southern P L 4200 8 0 Ind ... a0 8 0 K 134 s Service 3 Cities Service pf 1 Serv BB pfd.. £2.000 Cit $38 000 Cit Serv 84 Mutual 0il vot 1 New Brad Oil wi 4 Noble 0Oil & 1 gmar 0l & 4 k Ofl Ty By Pennoek Ol ...... ‘13 3 Ref .15 .15 16 Roy Can Ol & Washington Stock Exchange. shares were a half-point to a point higher. Kresge Department Stores at 53 was selling within a Polnl of its high for all time, Ofclal ‘nm.oun:om:‘;tc et made of the acquisition by of the Palais Royal, one of the larges! department stores in Washington. It is understood that more than $4.000,- 000 is involved. Grand Stores felt the effect of profit taking and sold off a point or so. The pool working for the rise in Hazeltine Corporation was again ac- tive, and bid the stock up to a new top around 17. Centrifugal Cast Iron Pipe was bought in sympathy with the strength in United States Cast Iron Pipe on the big bovard, and higher prices were reached by Good- year, Lehigh Valley Coal and Founda- tion ‘preferred. In the mining group, Jib Consoll- dated was unusually active, but lit- tle changed, New Dominion Copper came in for more attention and trad- ing was_suspended until further notice in Pennsylvania Mines. = Builloa INDUSTRIALS. 11 Acme Coal new .. 21 2 Am_Cot Fabric pid 08 id 221 F23 . & Co pt.... 100 idgept Mch pf 'wi 11 2 Brit-Am Tob cou... 2214 ERUTET T 238 .2 t i Foundation Co pfd.. B4 i Ghisdasee o o £ Gien Alden "Coal.l 3 Goodyear Tire ..., 14 Hazeltine Corp wi 4Hud & Mann R R 1 2 atl Carbon Dew- ... 10 Jordan Mot Car 8 Kresge Dept Store: 8 Lake Tor Hoat .... 1% Lake Tor B 1st'pfd 84% 3 Le Val Coul new wi 323 5 Lib McN & L new.. big 5 Mesabi Tron . « N Y Tel Co 2 Paige Motor . 24 Radlo Corp .0 adio Cory 5 1 Reo Mot b .2F & 1 Univer Pipe w i.. . ard Rak Cor B wi ard Hak Cor pfd.. Waring Hat Mg wi Yellow Taxi Co NY MINING, 10 Arizona Globe Cop. 20 Butte & Western. 10 Caledonia M; 4 1 1 3 ) 1 Cresson _Goid i 4 Crown Reserve ... 10 Diamondfield Bl Tu 110 Fortuna M: 10 Gold ) Ha: teck Hug! 10 Tonopah Divide . 17 Tonopah Extens 2 Yukon Gold .. & MORGAN LOAN TALK BIG HELP TO FRANCS Paris Hears Amount May Be Ove: $1.000 at o7, ! 000 at 97, $5,000 —1 at 95%, 4 at 96, 0-at o0 | Pot. Elec. P The fact that a stock certiticate 1s | e Ale 21 | Cotumbla_Title... ‘& Iovestment pfd.—50 at ngton Gas 6s '33—$200 at 100%, $500 5100 at 100, Y ngton_Rellway & Electric pfd.—10 at 73%, 10 at B, 10 st 5%, Money—Call loans, 5 and 6 per cent. BONDS. Bid and Asked Prices, PUBLIC UTILITY. Bid. American Tel. & Telga. 4. 03% American Tel. & Telga. 4%a... 107 Am. Tel. & Tel. ctl. tr. 5s. Am. Tel. & Tel. conv. 6s. Anacostia & Pofomac Su. Anacostia & Potomac gu . & P. Telephone B... C. & P. Tel. of Va. i Capitai Traction R. R. Sa. City & Buburba XBII Sa.. X224 &, Georgetown Ga Metropolitan B. R. Potomac Fiec. 1st . Wash., Alex. & Mt. Ver. Potomac Elec. deb, 6s. Potomac Electric 8a 1953. . g m._& ref, 7s. EEEEEES R w Wi Wi Balt, & Annap. Washington Gas 5 Washington Gas 6: Washington Bwy. & Elec, 4s. MISCELLANEOUS, D. C. Paper Mfg. 6s. Riggs Realty Gs (lonj Rigxs Realty Be (short). ash. Mkt Cold Storage 5s.. Wardman Park Hotel Ge. STOCKS, PUBLIC UTILITY, American Tel. & Tel, Capital Traction Washington Sranes 2 *= 8 1% Wash. 3 1% Terminal Taxi com. NATIONAL BANK. TRUST COMPANY. Security & Trust... Trust. Trost... Wk Tomn & s BAVINGS BANK. 8a GEsE HaZEed United States ni L ‘Washington Mechanics.. FIRE INSURANCE, Amertean <8 ® Natiesal TITLE INSURANOR, Real Estate Title....... MISCELLANEOUS, D. C. h—r# sreerisiiecies sai Merchants' insfer & Storage. 110 thaler Lino NerlSdottes, &fi{'t\ bl $50,000,000—Loan in London Also. By the Associated Press. PARIS, March 12.—The rise of the French franc is attributed to Informa tion in financlal circles that the Banl of France has concluded a large loan with New York intgrests represented by J. P. Morgan Company. The ad- vances are understood to be far be- yond the $50,000,000 mentioned in the early report, but no precise figure is named. The arrangement, it is stated, in- cludes a constructive plan for French finances in the future and does not consist merely of temporary financia assistance. The Bank of France likewise is en- tering into an arrangement with 2 London group for a loan of a lesse: optimt ptimism over the situation wa: maintained today, the belief growing that the franc had turned the corner. WILSON STOCKHOLDERS POSTPONE ACTION AGAIN By the Aseociated Press. NEW YORK, March 12.—Action by stockholders of Wilson & Co., pack ers, on a proposed Issue of 250,000 shares of prior preference stock an 350,000 shares of class A stock, was Postponed today for the third time The meeting was adjourned until to- morrow afternoon. LIVERPOOL COTTON. . LIVERPOOL, March 12—Cotton— Spot, " increased demand: price: stcady. Good middling, 17.59; fully middling, 17.14; middling, 16.69; lov middling, 15.84; good ordinary, 14.84 ordinary, 14.34. Sales, 7,000 bales, in cluding "4,900 American. Receipts 4,000 bales, including 3,800 American Futures _ closed steady. osirnig March, 16.91; May, 16.82; July, 16.53; September, 15.36; October, 14.91; De- cember, 14.53; January, 14.45. TODAY’S BUTTER PRICES. Creamery extras, 46 stand- extra firsts, %:MC“; firsts, cas T el es; ] firsts, 20a21, HYATTSVILLE TO HEAR VISITING CLERGYMEN Special Dispatch to The Star. HY. ATTSVILLE, Md., March 12.— ‘Wednesday evenings during Lent vis- iting clergymen wliil occupy the pul- pit in Pinkney Memorial Church here. At the first of the series this evening the Rev. W. H. Nes, rector of Holy E. Church, Prince Georges 1l preach. Following_are March 19, Rev. March 26, Rev. John's Church, Belts- 2, Canon W. L. De Vries, Cathed: Commissioner George N. Wells' speak- ing before the March meeting of the Decatur Heights Citizens’ n, at the home of Mr. and Mra, W. H. Gllbertson. RAILROAD BENEFIT TOTAL $4.213689 Pennsylvania System Makes Big Relief Payments to Employes. Speclal Dispatch to The Star. PHILADELPHIA, March 12—Bene- fits totaling $4,216,689 were paid to employes of the Pennsylvania rail- road and members of their families, through the Employes’ Voluntary Re- lief Fund last year. These pay- ments included $2,714,540 in benefits to employes who were unable to per- form their regular work on account of sickness or other disability,and $1,501,- 149 in death benefits to the families of employes who died during the year. In addition, superannuation allowances amounting to $483,285 were paid to retired employes who had been members of the relief fund during the period of their active serv- ice. ‘The superannuated ances begin when a relief fund mem- ber retires; they supplement his reg- ular pension. These facts are brought out In reports just complled by Eden B. Hunt, superintendent of the Pennsyl- vania railroad's relief department. The reports show that more than 85 per cent of all employes eligible for membership in the relief fund have availed themseclves of its privileges. The number of members at the close of 1923 was 211,722, Since the relief fund was estab- iished, in 1886, more than $44,836,920 has been paid to members In disa- aility allowances and 327,300,730 paid to thelr families in death benefits, making the total benefits paid by the fund in its thirty-eight years of ex- ‘stence $72,137,650. One of the most important duties of the relief department is to exer- :ise proper supervision over the ealth and physical fitness of the :ompany’'s employes. In this work <he services are utilized of the large itaff of physicians, surgeons and \urses maintained by the company o provide medical and surgical reatment, not only for relief fund nembers, but for any employe or )ulalenger in need of emergency at- tention. SUSINESS IN SOUTH AT VERY LOW EBB Farmers, Short of Funds, Are Not Buying—Cold Snap Also Reduces Trade. Special Dispatch to The Star. NEW ORLEANS, March 12.—Busi- aess is almost at a standstill in this section of the south. A representa- ive of one of the largest jobbing houses tere, who has just returned from a rip through Mississippi and Louisi- na, sald today that business in the -ural communities and most of the arge towns is at “its lowest ebb ince the spring of 1921. The back- wardness in farm work, unseasonable old and the small returns he received ‘rom 1ast year’s crops are making the tarmer very careful about incurring ew debts, he said. Retail trade here fell off consider- bly during the last week, a cold nap checking the sale of spring ;so0ds, which was just beginning. /EGETABLE CANNERIES START YEAR’S PACK 3pecial Dispateh to The Star. SAN FRANCISCO, March 12.—Vege- able canneries in California are be- inning to get under full headway for andling asparagus and green peas. hipments of asparagus from San »aquin and Sacramento valley points .ready indicate one of the heaviest rops in recent years. More than half dozen carloads have been started astward, Lack of rain has retarded the green ‘ea crop this year, but indications are that the drought, although it de- ayed planting, will not_interfero with he size of the crop. Ralph P. Mer- itt, president and general manager | f the Sun Maid Raisin Growers, is »n his way to the orient seeking new markets for California raisins. While he is in Japan he will also irrange for export sales of rice pro- 1uced by the California Rice Growers' Association, of which he is president. PUSH PLANS FOR RUNNING MARYLAND RAILROAD Special Dispatch to The Btar. BALTIMORE, March 12.—Plans of sperating and financing the section of ‘he old Maryland, Delaware and Vir- <inia railroad from West Denton te ewes, Del, were discussed with the blio service commlission yesterday v _representatives of the Baltimore iyndicate which is to take over the oad. Stocks and bonds in_the com- ’any to be formed are to be sold in he “section which will be served by he road, they explained. Taking over the road, however, will 1ot await the sale of stock, it is said. The Baltimore syndicate has srdered three gasoline-driven cars, which, it is expected, will be delivered within thirty daya ' Soon after they rrive the road will be taken over by he new operators, they said. VEW MARKS REACHED IN TOURIST TRAVEL Special Dispatch to The Star. CHICAGO, March 12.—Tourist trav- ) to both California and Florida the >ast winter has beeh the heaviest on -ecord, according to_railway officials here. The Santa Fe has handled many thousand more visitors to Cali- fornia than in any previous winter, while the Rock Island has frequently been compelled to run its coast trains in_two sections. Spring merchandise is reported to be moving slowly here owing to bad weather conditions. Buying at pres- ent is on the most limited scale. —_— —— HARDWARE PRICES SHOW UPWARD TENDENCIES Special Dispateh to The Star. NEW YORK, March 12.—Hardware e say: A“Bull ess in the hardware markets continues to increase in spite of un- favorable weather conditions in some sections of the country. The price situation {s strong, and several re- cent advances on important lines lend strength to the opinion that the trend of hardware values is upward. “Some of thé leading makers of hinges and butts have advanced prices from 6 to 10 per cent, which is be- lieved by jobbers to be a forerunner of a general advance in builders’ hardware. Manufacturers of thisline are said to be seriously. behind in production because of the strong and continued demand. “Spring goods are being shipped and dealers who have not made their specifications are entering the market with large orders. An active spring market is generally anticipated. BANK INCREASES STOCK. ‘WINCHESTER, Va, March 13.— Stockholders of the Bank of Clarke county, at Berryville, have voted to amend’ the cl r_'increasing the capital stock from $40,000 to $50,000. A trust_department 1s"to_De:estab- allow- ¢ |UNABLE TO RECALL IMPORTANT FACTS Cooper, Exchange Head, Gives Startling Testimony at Cotton Inquiry. By the Assoclated Press. NEW YORK, March 12.—Joseph C. Cooper, president of the National Stock, Cotton and Grain Exchange, 'which is under Investigation by the state attorney general, testified at a hearing yesterday that he did not know whether the exchange had two lor ‘three directors, He declared he idld not know whether there ever had | been audits made of incoming and out- Koing accounts and said he did not re- {member whether annual reports had been made to members of the ex- change. Cooper said the minutes of the ex- change would clear up the points he was unfamiliar with and said that if a week's adjournment were taken he would produce the minutes. The next hearing was set for March 1. EQUITABLE Co-Operative Building Association Organised 1579 44th YEAR COMPLETED $4.755,170.52 $1,248,320.98 Best Results ‘The systematic way of sav- ing obtains the best results. .lofn the Equitable now and save in a systematic way. . Subseription for the 86th Issue of Stock Being Received Shares, $2.50 Per Month EQUITABLE BUILDING 915F St. N.W. JOHN JOY EDSON, Presideat FRANK P. REESIDE, Sevo'y. Money to Loan Secured by first deed of trust on real estate Prevailing interest and commission. Joseph 1. Weller 7703 % # % 7% First Mortgages $250 and Up yrite or Call for “Booklet” The way to success is plain—Live on less than you make. Lay money by. Invest it carefally. Invest in Qur First Mortgage Loans Denominations $100 to $10,000 Our booklet, “A Com- monsense Talk to Inves- tors,” will be sent upon request. MORRIS CAFRITZ CO Mm = Dept. 1416 KSLNW. Main 617 under the 3 Btock bonds Bills receivable STATEMENT OF THE CONDITION LIFE AND CASUALTY enmnn: COM- District of Columi une 80, 1902, and August 18, 1911. (market value). Premiums uncollecied a of ents. Assets not admitteq, Admitted assets. LIABILITIES. Net unpaid claims. Teserve as required Contingent reserve Premiums paid in Salarie; Capital stock AlL other lial Total labilitie Character of business transacted during the year 1923—Industrial life, health and acci- dest, ordinary life. Amount of risk assumed during the year 1923... ... .-$86,210,409.00 Lostes sustained daring ihe year 1928 . 1,848,585.78 5,741,560.56 ¥4 5,081,080.16 A. M. BURTON, President. . B. FOLK, Becreiary. o Sbuceibag 428 ewor i) bators me this: st ebruary, 1924., (Beal.) (Miss) 'HALLIE PULLEY, Notary Publlc. J1. A HIOLLING, Dist Supt. 511 11th 'St N.W. hone Frankiln 468. Washington, D. C. Money to Loan Second Mortgages ge and small amounts. omas D. Robertson Main 1640 B. F. SAUL C0. 1412 Eye St. N.W. First Mortgage Money to Loan On Desirable, Well Located Property 6%4% Let Us Have Your Application Red [REALTORS |, LOAN DEPT. 1415 Eye St. N.W. Illinois Power & Light Corporation 7% Debentare Bonds, 1953 Price 100 and interest to yield 7% With a_gross business of about $28,000, in 1923, this company earned the interest on its mortgage bonds over 2%, times and the balance after such in- terest was about 7%; times the interest on the De- benture Bonds we now of- fer. A semi-annual Sink- ing Fund is estimated to retire more than 93% of this entire issue of De- bentare Bonds at or be- fore maturity. For further information send for circular W-465. E. H. Rollins & Sons Fousded 1876 416 Woodward Bldg., Washington Boston New York Philadelphia CMicago Demver San Framcisco Federal and D. C. Tax Free Features Bring Gross Yield to 7.13% NT offerings of our First Mort- gage Coupon Bonds will pay you the liberal interest return of 61497, and at the same time give you the benefit of Federal and D. C. tax free features which brings your gross yield to 7.13%. These bonds are strongly secured by improved, income-producing property in Washington, D. C., and comply in every respect with the safeguards which have made possible our record of mo loss to any investor in 51 years. You may buy these bonds in any amount, in denominations of $100, $500, $1,000 and $5,000, outright for cash ot under our investment savings plan. Maturities range from 2 to 15 years. Call, write or telephone Main 6464 today for descriptive anulnl. ke F.H.SMITH ounded 1873. SMITH BUILDING Co. 815 FIFTEENTH ST. [First Mortgage Loans PANY OF Ny TENN., (Lewest Dates of Interest asd Commission on tie S1st day of Hecember- 055 a0 Fequired 5 3 r;-n Actien b 2 omas J. Flsher & Company, Inc. | T34 15th Btreet . FINANCIAL. FIRST MORTGAGES FOR SALE THE TYPE OF SECURITY Property Owners, Attention! CONSERVATIVE IN- VESTORS BUY DENOMINATIONS TO SUIT PURCHASERS JAMES F. SHEA 643 Louisiana Ave. N.W. We have clients for the e of lnv-hn";t Properties JORDAN & COHPANY * 10271768 St N.W. In Convenient Denominations For Investors Interest 612% NYFifteenth Strect. Main 6838 Do you ever find yourself unable to sleep because of the impending loss of all your sav- ings through an unwise speculation or a promo- tion promising abnormal returns? STOP THIS AT ONCE! Buy our FIRST MORTGAGE NOTES, secured on Washington improved real estate, and henceforth let your slumber be peaceful, with the assurance of absolute safety under all conditions. 614% and 7% Interest —paid on the day due. Consult our Mortgage Investment Department SHANNON - & LUCH 713 and 715 Ilr‘:-:th Street N.W. Main 2345 Put Your Estate in Trust When you put all or part of your estate in trust with this institution the money intended for those for whom you have labored will not, and cannot, be squandered, unwisely in- vested or foolishly spent or “loaned.” It will always be safe, and the income —and if you so direct, the principal— will be paid out as you order in your will. Our officers will be glad to dis- cuss this with you at any time. See them today. The Washington Loan and Trust Co., Dewntows Bank West End Braneh 900 F Street 618 17th Street READY ABOUT - JULY 1, 1924 923925 15th Street N.W. (Opposite McPherson Square) OFFICE SPACE FOR RENT Desirable office space, subdivided to suit tenants, at reasonable rent on long lease. Floors contain— , 1,300 square feet. 2,550 square feet. They can be subdivided into small offices at an economical advantage. B. F. SAUL CO. 1412 Eye St. N.W.