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1925-AUTO-MODELS - | PLANNED FOR JUNE Decreased Motor Output Counter- balanced by Eq_gineering and Experiment Units. = | | BALLOON TIRES POPULAR | Lighter Type Car and Less Gas | in View. BY J. €. ROY Spacial Dispateh to The NEW YORK, May 3 In activity of the he decrease | producing depart- | THE THRILL THAT COMES ONCE IN A LIFETIME. —By WEBSTER. 7 RS nents of some of the automobile which manufacturers say lay outturn to the low P Tear. is counter balanced by ex- Ireme &ctivity in the engineering and sxperimental units. Many of the | 4rger companies will begin produc- tion of 1925 models in June and en- | neers are now settling the final de- | uils of these types and squabbling | over the relative merits of new me- THE EVENING STAR, WASHINGTON, D. C, SATURDAY, MAY 3, 1sel N 7772277777777 777 " NN PRICE DECLINE STILL ON. Dun’s Review Shows Restricted Business as Month Opens. NEW YORK, May 2 —Dun's today says: Restriction of demand and decline of prices still mark business as a new menth opens. April brought a distinet contraction of activity in various quar- ters, as reports and statistics have shown, and working forces decrease as output in basic industries s curtailed. Production had run beyond consumption in different lines, with cautious buying the rule, and for nine consecutive weeks reductions have ominated in Dun's ltst of wholesale quotations. Lower prices than prevalled a year ago in iron and steel, lumber, some textile raw materials and finished goods, leather and in some other commodities do not stimulate forward purchases, most transactions being of @ spot nature and usually in moderate amounts. The with- holding of orders in some cases is due o an expectation of further concessions, but in most instances it reflects the conservatism fesulting from political uncertainties, with the delay in rellef from high taxes increasing the hesita- tion in making new _commitments. Weekly bank clearings, $8,030,274,000. e o Largest farm in the world is said to be in Chiluahua, Mexico. #nd includes 8,000,000 acves, the boundaries me: uring 150x200 miles. ‘WALL STREET BRIEFS. By the Ameciated Press. One of the principal objections to the proposed flat increase in commis- sions.on stook sales from $15 to $17.50 a hundred shares, apart from that it ‘would probably restrict the volume of trading, is the alleged injustice to long-time holders of stocks that have Dbeen split up, either through stock dividends or a reduction In par value or both. One broker pointed out that an investor who bought 100 shares of Associated Oil before it was split up on a four-to-one basis, pald a commission of $16 and a tax of $4 to buy the stock, but that it would now cost Iim a commission of $60 and taxes of $16 to dispose of 400 shares of the new stock which he received in exchange for the old. The policy of economy being intro- duced into the rallroad flelds con- vinces bankers that there will be a decressed demand for equipment financing in 1924, Some roads, like the New York Central, are buying ex- tensively, but systems not as strong financially are reducing expenditures. It is predicted that equipment trust issues will fall to a new low level later in the year. Net income of §: quarter ended March by Youngstown Shest and Tube, equul after preferred dividends to $3.55 o share on the common stock, against $3,210,724, or $3.07 a share, in the corresponding quarter of 1923. Surplus was $2,276,907, compared with $2,045,566 a year ago. Pool _operations 760.63¢ for the 31 is reported are prominent part in present stock mar- Ket'trading.” Strenglh and activity of 2 number of specfaities which are showing large current earnings and prospects for further improvement is directly traceable to pool buying, which 'has beaen, encournged to some extent by relatively low money rates. Indfcations that not all the activity is on the constructive side, however, was seen in the fact that some of the bear pools which expired May ! had been extended ancther three months. | Net income of $966,98¢ for 1923 is reported by the Lehigh and New Bng- land Railroad, equiyalent to share on the common stock, ugainst $375,987, or $2.76 a share, the year be- fore. The keen compstition for business among bankers in this city, partieu- larly in the rapidly growimg uptown district, is reflected in the agitation which has been started to change the rules of the New York clearing house relating. to the exchange charges for the collection of ¢hecks on out-of. town banks. An optional arrange rather than a compulsory on 4 by the petitiomers. ritish clined ir production of Februaary against 6260 tens in Februs the York pig iron de- to. 612,700 .tone. ary and 543,100 according to Company of New blast furnaces Britain at the than at the Cleveland Park 3511, 3513 and 3515 Idaho Avenue Between Ordway and Porter Streets Opposite the McLean property and near the Cathe dral. These homes contain living room, dining room, | ' | chanical equipment, | Perhaps the subject of most intarest | at present in automobile engincering | circles is the air brake. A few com- | panies undoubtedly wiil equip their | 925 cars with this feature, Air| , brakes were applied to automobiies a5 early as 1906, but in its earlier cars the necessity for power brakes | 1 the motor industry was less urgent | han at present. Now demand for some such tyvpe of equipn stimulated by the wide u igh-speed trucks a n women drivers, fror b breakfast porch and kitchen on the first floor: four bedrooms and two baths on the second floor ; two rooms and bath on the third floor. These houses are unusually attractive and are ex- ceptionally well built The price of these homes have been greatly reduced and can be bought on reasonable terms Childress 927 Fifteenth Street N.W. A Desirable Home in a Most Desirable Section 2940 Brandywine St. N.W. Beautiful Granite and Texture Tile Construction Fast of Oemnectiout Ave., on MN!-,-‘ Soreot Veing opemed sk ia Coansstiont Ave, stid Albemarle (frst Borth of Burea: Tonshat via O ioat Ave, sd [{ of v of 11 rooms. 2 baths, 3 exire levateries. 3 coaroto-floor pershes, 14x¥7 Hving 3 1217 dining reem; breuse Scresas st be so0s to b6 APTCAISId, = Lot 55x288—2-Car Garage, $24,850 Tall Oak Trees—Fruit Trees G. C. JARVIS—Adams 4634 Or Your Agent Open 2 to 5:30 daily, or by appeintment reducing | ed to op- | Main 7395 Will Equip With Balloon Tires. Two or th completely equipped but £0 far as can be #arned none of the ms listed in the cheapy “pects to furnish these tires as ~quipment as vet nown maker of a c: 1000 is conside 20ms May 15, For Colored of the Better Class GLENDALE We have broken gro ew homes, which have been designed for small families have a locatin that camnot be excelled. A family of 4 can live very comiortably and they are so designed that an additional room or n' bk t without any, discomfort to the occupant tvpe will than the | constant- | THE MARK. OF RESPECT —_— You can place a deposit on one oi these while they are in course of construction and have it reserved for you We have a few bungalows ready to occupy from $3750 to $4,350. Small cash term Come out Sunday. It will pay you. Mr. Beverly will be on the ground and will show vou the comple homes and the ones under construction . Take H street car marked D. C. Linc, get off at 44th NE. at the 3- sign. Walk south into Glendaie or -motor out Benning road o 44th and turn north to the new school William P. Irvin 1410 G Street N.W. m; i doubtful if re radical results of these experi- ill_be put _jnto aetuet factory | Prices n for soma little t now SHOLTES & CO. ANNOUNCE THE REMOVAL OF THEIR OFFICE FROM 819 15th ST. N.W. TO THEIR OWN BUILDING 1115 K ST. N.W. REALTY DEVELOPMENTS BUILDING CONSTRUCTION HANDLED IN EVERY DETAIL Telephone Main 3903 corresponding period a phenomenal antomo- e BANKERS SIDESTEP BUSINESS FOR GOLF at White SulphuE% w[nhum ébahts 1 who prefer tepnis to golf. and with| He has invited the aseociation to Howard Beebe and Mr and Mrs. F. 8. liold its midsummer meeting in July Hanson played a lively set of doubles| at Blightey, his country place at in the afternoon during the tea hour.! Gloucester, Mass. iil totals 231,600, bove £h point of last iderable portion of the drop | Financiers d for by % of one | Phone Main 3908 After 10 AM. rolls of the | Association, | of the | Springs Recreate During Con- ) vention “Of Hours.” MADE TO MEASURE e Let us shade your new home with Measure Window S| x. back of the work Made-to- Our reputation stands ers for stael |By the Associated Press Factory prices. nd bra I= .‘"EHID and | WHIT SULPHUR SPRINGS, W. Srare oewery. | Va, May 8 —Espressing theit betief | that business conditions throughout ral Motors| the country generally are improv- ared el | ing. delegates attending the annual hedule | convention of the Investment Bank- | ers’ Association of America here held | several discussions of banking meth- | ‘nlis.. investments and the furtherance {iroad of cars made by General Mo-Lof _banking service to the public e il ST oublé I More than 130 bankera representing benefited fitancial institutio: 1 sectlons | of the country, English customs dutfag { cars and trucks. | meeting. Toda: 1f You Believe in the United States—You Believe in Washington' Nev- been . Open Tomorrow! 510 Allison St. N.W. A pretty detached house, con bath, open fireplace; completely weatl Ay RAY \_. / N ng 6 lovely rooms and rbalanced by - ped and screened Lroad of cars made by Ge Owner requires immediate sale of this very attractive property. See it at once. W. STOKES SAMMONS [m 13th St. N.W.l B8 | Phone Main 4874 lake Georgia Ave. car to Allison street to property or drive out on New Hampshi street [5191s) IGOLDSMITHand COMPANY| GEORGETOWN Discusses Exporis. several important Mooney, + prasident “of | end the convention - Motors'in charge of export,| A special correspondent of The Star ;D reral regarded. as a r for the entire | y, both ut home and 1 indications poiat th es- t of a new record in 1924, 50 far as overseas salesare trick sales are being y by the. heavy. in- crease in the transportation of fretght which has become apparent ions of the country = PLANS STOCK EXC}{ANGE. Stockholders | al Plpe and Radiator h owns a substantial notified that they annual mee 3 res of may be removed !'MUST BE SOLD TODAY!! ABSOLUTELY NO REASONABLE OFFER TURNED DOWN 3105 19th STREET NORTHWEST Ten rooms and two baths—immediate possession. WRPWER X A A A B A o A A R WA 732-34-36 Girard Street N.W. —the finest Colored Homes in Washington Containing every modern convenience and house- keeping help. Planned and arranged for home comfort —there’s nothing lacking—not a single thing. Six rooms, bath and kitchen thoroughly up to date —reliable Hot-water Heating Plant—attractive electric lighting fixtures. There’s plenty of closet room. Front and back porches—hardwood floors. Open all day Sunday, with a represent- ative to show you through—see them. For Sale By (Owner's rep: 712 Kenyon Street NNW. Open Saturday and Sunday, 2 to 7 P.M. N. L. SANSBURY CO., INC. 1418 Eye Street N.W. Phone Mnin ?904 glves personal notes of those attend- ing, as follows E. C. Plummer of. 1. .P. Morgan Co., Harold Stanley. one of the vice presidents of the Guaranty Trust Company; W. C. Winans and W. E. Wing arrived from New York and joined the investment bankers at their meeting at the Greenbrier. The four men have taken the Colon- nade cottage for the period of their stay. They made up a foursome and played a golf match of thelr own fternoon, and did not join the h nearly sixty of ing for the pres- for the lowest the bankers ar ident’s cup, net score. . hn W. n of New Yorlk president of the association, enter- talned at a dinner party last night at the Greenbrier for Mr. and Mrs. Lawrence Chamberlain, Mr. and Mrs. James Fenhagen, [Edwin Lefevre, Howard Beebe, Roy Osgood and Francis §. Sisson, one of the vic presidents of ths Guaranty Trust Company Mr. Prentiss is one of the -bankers A A A e e L GBI R L PINN _ resentative) . - Phone Col. 5817 - One-Fifth Cash Monthly Payment Less Than Rent Will buy an individual apartment in this new build- ing. under the co-operative . = ownership plan 17¢5 LANIER PLACE NORTHWEST Just wesi of the intersection of 18th Street, Columbia Road and Mount Pleasant Sireet. One block from street cars, stores, ma kets, eic. Convenient to the finest churches and schools in the city. Just the right distance from downtown. Overlooks beautiful Rock Creek Park. All outside corner apartments, and ligh insuring excellent ventilation Representative on premises Sunday. For Plans and Particulars Apply Edmund J. Flynn Company, Inc. Second Floor. Main 7253 1412 Eye Street N. W. Best Buy in Chevy Chase! First Time Advertised 39079 and 11 Harrison Street Do Not Miss This Chance to Buy a Beautiful Home in a Beautiful Grove of Oak Trees Living. room 15x28 with fireplace; French doors opening to side porch. Large dining room with French doors. One-piece sink, double draining board; pantry; built-in refrigerator. Second floor, 4 large bedrooms and two baths; large attic. Lot 70-ft, front. One-car garage {o paved alley. 500 K St. N.W. Phone Main 2076 Open for Inspection All Day Sunday 3213-15-17-19-21-23-25-27 Volta Place N.W. These homes have been completely remodeled, redecorated and refinished. They consist of 6 rooms, bath, garage; h; heat, electric light and ami. !Z square from Wi Ideal location Only $6,500 to $6,750 Sample House Open for Inspection—3227 Volta Place N.W. hot-water Another Georgetown Special 3249 O Street N.W. Nicely arranged home of 7 rooms and bath, modern improve- ments. 2-car garage. Deep lot. On the car line near Wisconsin ave. and schools. Only $9,250—Subject to Offer Bargain—Near 2nd and Rhode Island Ave. N.E. 179 V Street N.E. is a 6-room and bath colonial porch home on splendid elevation. Hardwood floors. Modern heating plant. Very attractive terms can be arranged. E Price Subject to Cash Offer for Equity Open for Inspection All Doy Sunday ' GOLDSMITH and COMPANY Goldsmith Building Main 9670 1405 Eye Street LYON VILLAGE The Heart of the Virginia Suburban District “Twenty Minutes From Your Office” Homes and sites for future homes on liberal terms with discount for cash LYON AND FITCH, Inc. il Clarendon, Va. Telephone Clarendon &7 Open Tomorrow ABKER AND S, INC: 813 15th St. N.W. Detached Home for Sale In l4th St. Terrace 5302 13th St. NW This modern bungalow-style Home must be sold immediately, and is the best-priced home in a popular section. Main 2690 The house has 4 bedrooms, large front porch. extra toilet on first floor, and isin perfect condi- tion. There is a large lot with garage to match house. Open for Inspection Stinday Take the 14th St. Car to Ingraham St:, and Walk 1 Block East