Evening Star Newspaper, April 17, 1924, Page 29

FINANCIAL, E_EVENING STAR, WASHINGTON, D. €., THURSDAY, APRIL'17, 1924. FINANCIAL, » . MARKET CLEARS UP | — EXTRA HAZARDS SEEN|:mis s i oo | v o, i, 2, mriome |, 1 Covs sevations, 7t Banking Trast & Mortgage Co. EW YORK CURB MARKET 1y a further progress toward the time | Melons, grapes and other fruits from | powmie niccirsin 05 nihe, O1¥ €0~ | e want good First and Sesond 'N MEAT PRODUCTS Received by Private Wire Direct to The Star Office ’ FAGED BY INSURANCE when the International Railways of | Peru and Ecuador on the west and e e =rv‘n'l"‘“.§i?l’fifa§'i““l%\I. e Tornaerromes ::-'::::-.": Ces Ar; o east have been or working under ntral America will extend up and | Argentina on the east ha: e ey onione e, under or write. t c _ down the Pacific coast to Panama.|found to stand transportation well in | {hreatened by - A . S e 8 oast to P 4 by agitation, cause Good Beef, Wholesale, Quoted at BY WILLIAM F. HEFFERNAN. illette Safety Razor. The buying re-|yiew meld Policies in Certain| TS, development is in line with the | rorigerator ships and are at their | some extent. b etentoa” s oo | Banking Trust & Mortgage Co. ood ‘Beef, olesale, Boaciat s e 39 see ttae tlected the excellent earnings position 1 o Toarnt dnove made by the \mited |best when northern markets are bate |rebels ‘Who have found refuge in| Rooms 20-21 1410 G St. N a sy vig * o e company. New Yerl lephone ’ i b E f similar product own this | C 48-—Fowl Still Plen- W YORK, April 17—The most | preferred roached higher prices snd | Latin Countries Should Have |[new steamer Service from the west | Country. However, the transportation | oo ENCha Frankhie 6788 g noteworthy movement on the curb |0ld at 110. Doehler Die Casting, sell- 2 coast of Central America to Califor- | charges so far have put their frults tiful. |exchange today was the furth, % ex the 50-cent quarterly dividend, Revolution Clause. nia and north Pacific coast ports. |in the luxury class.at prices bey Pl ¥ e er sharp | roggined the amount which came of The all-rail travel from San Diego | the reach of all except the extremely Jr vance in the newly listed National |the selling price. — f" El ll’auo unlulm lflrl’x;umr.m. hou}"evar. well to do. OLDEST ea common. At 370 it was s The market foi ofl stocks appewred =5 s not a matter of days, months or | Financiers and steamship men re e SPRING LAMB HOLDS AT 20 |5 incs above the w. 'f, b sellingl "\ lect the difference of opiiion re- WX 2.0 RO TN, years. The rail lines already bullt |cently arrived from Cuba blame the National . e = . “u“‘“;K oyl {“( nesday final. | garding the outiook for the indust:y | Speeial Dispateh to The Star. '""",;‘v"*‘f""“ ""‘!‘-f!rm'hx»d in :hfinfncz‘n\; recent Mexican rovolutlmlnl;,y ncn\l» B e, ‘ol z listing of the stock it was|The latest figures on domestic crade e co i at operate | many difficulties, physical, financial | ties for unsettling labor conditions in Bank in t O] nmurasios companies tha% SopY and political. Howcver, the prospects | the Pearl of the Antilles. In speak- en radaition . e ¢ ivide 5 haa | Production, the American b . 5 : Local Produce Supplies Noted in|jnneuhced that a dividend of §5 nad | FGICEn: GF ATSRen detroledm 10 | in kome Central and South Ameriean | iy Honduras for stabill the District been declared, thereby placin T . | ¥ rng g it on| gpo d ine . 3 r J tries are going to have to carry| ing daily. ‘he commerc ossibil- J e . showed an increase of 38,351 barrels [countrie: B 5 D ) . Department Review. | #n unnual basis of $20. The directors | duily, while those put out by the Oil |riot and revolution clauses in their | Ities of the Central American coun- of Columbia —is an inspiration, it is a good thing to tries are better understood than ev —_— S0 announced their intention of dis- | U1ty Derrick, another recognized author- licles in fi o if some American pursue. l'ecivating it o ty, showed ' production at the rate of |Policles in future before, and the demand for their one; o ] an - s he live hen market had mot re- | TIPUURE & stock dividend of 150 per | ypproximately 1,000 barrels dally Icos | merchants and exporters have their | products has never heen so great y f To make The Metropolitan more covered from the shock received yes- | “}! than in the week previous, bani | way. Many New Orleans shippers|since thc first refri or ship Secured by first deed of trust on real estate. worthy of public confidence, to insure Another high-priced industria o | did bette croseing. 22 = s put into commission. The importanece . ot Ak g rday, it was understod, very heavy |in’ for. uttention wt rSing. prices was | for & Gain o AImost 3 pointac S > |have filed claims with the Unlted| of nis’ trade la such that it affects Frensiing Iutena idnd comigien. strength and good service—are now, al- cipts still being noted t States Department of State aggre- | nearly every American manufactured 420 Wash. L. & Trust 5 rv little demand. The general | e D ie st the Koron: | prota st ol aniie peomnuaceundl Joseph T Weller F0) &P NW . ways have been, always will be—our ifseon il Ryl (. UK, April 17.—Following | 3 Margay Oil .... Ment of Honduras, which grew out of | munitics throughout this country, chief objectives. s {is an official 1ist of bonds and stocks| ¥ Hagle .00 a8 the rocent revolutionary movement | where the very names of the Central £ Read You i cents, this being traded in on the New York Curb| 21 Mouat Frod [, there. American republics are almost un- SAOORILC SEtve in any banking or | s fiduciary matter. Nafi@fl‘na —110 Years Old Metropolitan Bank £ the product. Sules i BONDS. s New Brad 01 w i vere sustained on merchandise ship- Fruits U. S. Market Factor. 15th St., Opposite U. S. Treasury = 11 New Mex Land . 3% |ments and uncollectable accounts 2 1N Y ol . against Honduran merchants whose | South American fruits hav 1 Peer 01 Corp .00 4 stocks were destroyed during the re- lggs with jobbers and commission | e 1o ants continue to hold about the 9415 oy B : { ; e, the former claiming around a Am Sumat Tob Tin pln o 10 Lenn v 01l g tion. Wive insurance y y Hissfomericlat 48 {1 3 Roiling M0 IS Pennock Ol companies are reported to have re-, | Interests—— 1 rter a dozes and the latter around [ 1 Am Threai Co i fted Bank O w2 2 pay dumakes on these stocks | U[TAB[ E cents. Anaconda - a b5 Ao ik - policies contained riot demand that your sav- In the 1 3 ing lan o g s Salt Creek Prod.. s the American merchants AN G e W S dpu Ketin - are facing heavy losses are facin . i . 13; ings be placed where Lhis i the | T fenirhoun | Mexbuara O Honduran overnment car Co-Operative Building ||| thiv will e‘;m the Tasi S ST o i S IR P y |chants now have alarge quantity of sociaticn || mam consistent with £ood beef going at 1 R0 HeRleviER: - shipments have heen held up owing Organized 1879 absolute safety. S S it s Fi 2 ALS, to unsettied conditions which still ob- 44th YEAR COMPLETED These conditions are : iew. % : taln. . t by Depariment A o Rauilway Change Not Unexpected. Asnetn ... $4,755,1703 ideally fulfilled in our i . s | # s The form tion of the Guat- | || Serelus $1.248.320.08 S 1 " 423 u mala riilwa 1 I,\‘ by I‘nlv - - ) | ifed it thie Gnited Frult Company Systematic Savings 1 Detroit Ediso o Fow & Lt iness circle. “d to Central | ch pay day lay aside part Dunlop T & R 7o.. 0048 % " 1 kK - merely to mark an- | J| of your salary at the Bquitable. 2.5021.00; s 7 1 8 e r E s her control of It is a method of saving that dium tolarge Ktrs cy X P Soal. . & by the huge ||| will prove most effective. e 3508 > ; s, " A ¥ er Die C 2 | fruit concern.’ The S 2 e it 5 % _ b 1 3% | by Minor C. Keith p c: Subscription for the : 4 et | a0 Tatl Mauch B | : Wi mala ars 86th Issue of Stock First Mortgage aragus the ex g . OUR FI Souith Caroting ozen bunches, ; : {1 n | of Acajutla,’ whic ] Betag Recelved Tavestaents ’ p RST MORTGAGES 7 e Comp 1. ; itk enginee ||| Shares, $2.50 Per Month | $100—$500—$1,000 F‘ g i —are planned and created for 3 3 § Hud & s 3% lhese r pach the plantations | | 2 B | = ambs, T e Manitoba,_Power : prd .o of the Unit uit Company and ||l & I i ; st one class ¢ —gen- i , i k g : Sonititute " the iseriouing. svstem || EQUITABLE EUILDING I : ; Just ene classiof people—gen < - & A s | r T o is | for their crops. The inauguration of X s & ine investor: islik e RGN R F s Rt VGRS N, | | MO CARRITZ ca LY vincinvesors. who disike spec . 1% bushel h; Ollio Power el : i soast of Central America to Califor- 4 % | A 5 = R Pomted ty 1 Park & T “ eabl Tron ... o ad corth Parins Dores by the JOHN JOY EDSON. President 1416 K Street Main 617 ||| ulation. THheyv offer absolute K, per ton, round and flat type, b i e J ; United Fruit Company I taken to in- ||| FRANK P. REESIDE. See'y. 7 D @ 100,00, Onions—Sup: i A o ptdl: ate still further development plans | safety of principal—and a good demand light: mar- § Nort %t Fower e y that company in other Latin | 0 = = o and New York, 100 o J o0 Corp ... 3 n districts. | l ver a 1 . yellow eties, No. 1, ¢ N y 5 Corp ptd n ' s of recent years hav vield. medium si Shawsl ettt Cazay S 3 Iterests the Fight to e fes E= Ouarte . euarier People who are seeking con- We again have plenty of money | a Loss PotatolSupsly Mollcente: SEONY e ; § a g o | S . — Supplics moderate e 5 § hakerien .. 5A1 = _""""""""m" " 1 ¢ opa servative investment that yields Continental Trust Company = /2 er ent oney Century a good return—now 7% —find und sac 11\1‘@.‘:..1‘ white: ¥ 3 UN O dear I 4.00. Spinach—Supplies liberal: o - 21 Y " oy o A N ott Spinach—Supplies liberal: | 47 : : Yy s at 5% for satisfactory mortgages “pony refrigerators, mostly AvsloAm Ol ... 18% 634 | ogp Gresson dold o ‘@ g6 | THE TYPE OF SECURITY I B F UL CO R T L E Smith, 1 L ~ll‘l)n‘llrh Light, Demand Light. | -x L.... h t 5 ¥ : i =X Celery—Supplies light; deana s T e g et : o] 643 Louisiana Ave. N.W. stalk > : i ; : —phase of our mortgage in- = oder e 30 8 0N Y new. 1L - : il - vestments most_gratifying to FIRST MORTGAGE NOTES 5 V' us i1s the ever increasing de- mode e rk Capital Without that our First Mortgages meet N¢ 1. mostly 00 per ; Virg! Norfolk cloth o) - fe P fale quality; 40 ] s - IN DENOMINATIONS TO light et firm: Florida, ten-inch five-peck hampers, - | o~ e Min {Jil sirc on the part of our clients Michigan, .'m-x:nunu One Million Dollars . . stock, “head their needs admirably. . cloth to il] iy 11 o SUIT PURCHASERS 909 Fifteenth St. N.W. Main 2100 1412 Eye St. N.W. o’ dogen staike, 1ooi| G : R a6 = 00, Sweet Fotatos | gotes o z L STOCKS, | I = to recommend them to their fff| FOR SALE Al United States , United States 1, 10.00a10.50; | 14th & H Streets o ! STANDARD OIL ISSUES R upon real estate in Washington. S T & o FOR SALE it 8 HoifTuger JAMES F. SHEA 1k 25a4.5 nand moder: 10 Tonoy K | friends. 1 Tonops ites Tevvi i P et fE 4 A0l . Our Investments ‘. IN DENOMINATIONS OF 3 e i % o) _ 77g 500 DOLLARS AND UPWARDS romptnes S 5 brogen and S 7 3 { . n track; celery, 2 2 1 0 T o Dotatos 32 barrels Vi i 1, broken ; “}Hv.‘;:\’::l:ru‘ 0 cars | m“n";:‘;.‘ be too highly recom- 7 / //Ey/y/ o C/ D(‘Iay.in the payment of interest on lettuce, 2 California Write for Booklet | anda 70. ,fly)?f)‘ ¢ De. on your investments may conceivably ight, ates Florida and 66 es North Carolina e 3 = e Mo i e o im0 To loan Chas. D, Sager . 207 Gonnecticut Sy rien Maken dd 1w p | At prevailing Mortgage Investments < onneclecet « Owners of these 634 per cent First Florida freight, 5 broken and 1 un- | g | Interest rates. 924 14th St. NW. - Mortgage Investment Notes know broken cars on track: tomatoes, 1| National Mortgage & Iovestment pfd.—100 | Florida freight. 6 broken and 1 fn- |at Sis. 100 at 8k 100 at 8%. 100 at 85. Secured on Main 36 cause you serious inconvenience. Zten/(e 3 they will receive each interest divi- broken s on_track; carrots, 1 | R _CALL Improved real estate | ! g ) hroken car on track: cauliflower, 1| Washington Gas 6s ‘338500 at 101, §1,000 | pi c 0 - whe: g hroken car on track; kale, 109 barrels | 3t 100%. $300 at 101 Loan Department 1ST TRUST NOTES dead promptly whendae. Virginia__boat; string heans, 122 gl 2 2| Potomac ¥ o - haticiis BRI e j pasiers South | et mction 10wt Bl OV S S| Boss & Phelps Eight Per Cent Interest arolina as, S| Washington Rwy & Hec. 45—$1.000 at 71% 4dde ) . South Caroling o Notioec"This exthange will De closed fomocc | e SR R S D, 'I RANSPOR l'A I ION BwG. Added to the property security &s the g e ) lipedansiind oI R O e e . unqualified recommendation of the as, 2 broken | Money—Cull loans, 5 and 6 per cent. 1417 K St. Main 9300 ranging from $1,800.00 to $10.500.00. ars_on track: lemons, 1 broken and N Secured on District of Columbia 1 unibroken cars on track: SpinAch. Bid and Asked Prices. homes. AN wotes from ome to two Corner 17th and H Streets N.W. South Carolina_freight, 8 h s S years d and endorsed by old and | Virginia boat, 1 broken BONDS. . cars ol sed, broken cars on_ track; mixed well established D. C. Corporation. tables, 1 Texas freight, 3 broken and PUBLIC UTILITTES | { JOHN H. WRIGHT OFFICB FOR RENT 3—\.‘i‘c'."’1"‘n.kr?"i e e ‘| Wanted Second 1116 Vermont Ave. Main 3397 85 A Pcask i Aspan Lol & Tel. %8 Zus, 285 crates South Carolina and e Cel N < rates reshipped New York express. | Am. Tel & Tel ctl tr. G s Trust Notes parsiey, 15 crates New York express. el & Tol, ok, 8. 2 ' We have clienis with funds Single or En Suite | : Drussel sprouts, 10, crutes New Sork | ATCHIL & Pulumic pose 5 fo purchase ota” SECOND = ConstructionCompany 12 refrigerators Florida express; cu- | g : g e tions of from $500 to $10,000. More 'rl-lan Apply Room 232 or INC. Mair 4190 cumbers, 50 crates Fiorida express: ates i ity is good el il Scomge ’ prey— L ¢ 1|l wortcce perarruent | || 100,000 Investors RANDALL H. HAGNER & CO Too many neopm| nuzkmelr money lljnl'";"- Ele il . . . In day dreams and wake up broke, | hotomac . 5: i 4 4 Never put your mame on the dotted | Lolomac Elec. 04 1653, et | ISHANNON & LUCH:S‘ More than 100,000 investors N.W. ine until you have inquired of some | bekar Xioe & Mt Ver b p = = are receiving monthly incomes 1207 Conn. Ave. N.W. one in your bank what he knows o7 3 from the securities of Cities Phone Main 9700 about some stock issue that is of- S 713 and 715 14th Streezt NW. Service Company. Their in- fered to you privately. Gn.. . i vestments are protected by . i ol pamete ot e s ‘ Substanrtial Interest Return 1 £4,000,000,000 and a surplus and BUsINEsS SETBACK = reserve fund of $46,000,000. d D. C. Paper Mtg, 6s. . s At its present market price Riggs Realty 5u (long). 2 | Snm———————ns g | At its present market price NOT REACTIONARY |i:= '§?""§}‘¥3|::€{3r'x?_5- L i NOT IC E yields more than §%. 55 Years’ Proven Safety You may buy one or more STOCKS. We have money to shares outright or by making ) 1 - B . . ial a; - PUBLIC UTILITIES. loan in large denomi- an initial payment of $10 a F E General Industria) and Prade Gon- | o 8 7ol . wg|S matons on business S peeen amily Economics ditions in Country Discussed at |\, ion Gns.. ; ; properties and apart- . OR 55 years Swartzell. Rheem & Hensey President’s Cabinet Meeting. | Wach. ws. & Eier. com: e e {J| Frite todey for fuI information. Every up-to-date business man operates Company has furnished safe First Mort- 5 gages to the most conservative investors. This vy. & “ ” : —_— Terminal Taxi com.. 51/ 7 & 67 under some sort of “budget system.” So should : s Although business has suffered a NATIONAL BANK. 270 0 Thomas W. Brahany ! record speaks for itself. i Capital every family. If this is done, there must be a slight setback in someo lines there l%uln\lmh!l‘ 7 3 Loan Department is no reason to believe a general | Commercial Fatmers £ BOSS PHELPS and compmy plice dor SSAVINGS: Safety and Income always go vogether when eacti is ab to s ad th he AR, S y - " = & 4 :u:m;:xr;un::rlén:.:n!oiv:::;:r)'.l . P ) 2 g oy Wilkins Building, Telephone When you plan your expenditures see that 5;&:"2?‘3 = ?:{e%‘;ie;‘ ?(}u}‘h:ut':;nyeii:\;:tzg 5 8 e 3 1 g : : s V4 Jo S Thialwas Iho/ Esustal crona ot i 1R : M. 9300 1417 K St. i A T a portion of your funds is set aside to purchase in the securest type of First Mortgages. And cussion before the most recent meet- | National Metropolitan. H = e S X ing of the Coolidgo cabinet, 1t was | BEEY (i . | - some of our FIRST MORTGAGE NOTES. the borrowers' agreement to refund the Dis- learned today. Secatary Mellon | National li!fl;r°i:l:;':i‘;°‘;T%h“ 2 They are absolutely safe, pay a most liberal in- trict of Columbia Intangible Tax of 5 of 1% i i a TRU! A N’ CKS. . . 3. i ','f;‘;";,: T;,ZT‘:::;. "[":a';!{t’:;e‘;: American Security & Tru 2 come, and we assume all the work incident to brings the yield to practically activity In certain direstions, mo- | Sormemtsl Bask. L 40% SAFE + ARMOSTONE CONCRETE collection, etc., without charge. tably coal, textiles, shoes and in|>ationsl Savings & 7% soctions bf the southwest. D : and PERMANENT GARAGESpe"f;%nm Partial payments over a period of ten v BAVINGS BANK. . 2 'u(:.:’ [u:;eo;:i; v:;:n;“;;a;t:;:oi?:: g o Vi ; i A months, may be arranged, upon which full in- A$ many of these Notes are sold and many HEN snresting fonc feonsice:s . A o terest rates are allowed. more of them held on reservation, we advisc i § East Washington. of progress are evident in the rail- | Goesuly ' Cor & end Péraniace: 1 ; 5 Propl:lr’to:t'o%fcco":rse, is_your best that you communicate with us at once so that T e e e take advantage of thi tunit; raflroads having just placed orders h bt : / - |, e o is opportunity Bl increa i I investment but it is a fact that it . you may e advantagt Ll‘r‘wk?num . RS R costs more to keep a car than a per- < - for the safe investment of your funds and get son and so we also find that garage Consult Our Mortgage Investment Dept. the present yield. property pays far better than resi- v . % dence. We therefore suggest that campaign years in the past a de- | Columbia ‘Title. .. you complete the biggest part of WiV Title.. s your property investment by con- "\ i % &‘ Chigd fnorcasein_demand” - o1 | el Batats g o, structing_only a REINFORCED HANNON“ LUCH Swartzell, Rheem & Hensey Co. for all branches of commerce, manu- |D. C. Paper ptd. EHErS. CONCRETE GARAGE. Phone Main i facture and industry, with no pros- | Merchants' Transfer & Storage.. 110 o 776 for details, i Hhetroe Y= , 713 and 715 14¢h St. N.W. Main 2345 727 15th Street N. W. pects of a tightening up apparent at | MerEerinaer, MEoRTeG g * present. - i e o A Oid Dutch Marhet pra H Standard Concrete Products Com 55 Years Without Loss to an Investor A school to train woman labor lead- | Lanston Meaotype : ors has been established in Chicago | Weshington M 244 Woodward Bldg. by the National Woman's Trade Union | yeliow Cab. . dcague of America, 4 7 ok dividend, EHEH FIRE INSURANCE. The exigenoies of a presidential campalgn were discounted in some gficlal_quarters s not inimical fo | § Tusiness interests, as. it was ex- X anie plained, there had been during some NBUBARON. osEY ¢ ¥ ®