Evening Star Newspaper, July 9, 1924, Page 25

FINANCIAL. SLIGHT PRICE DROP IN WATERMELONS Cabbages and Lettuce Also Sell Lower—Agriculture Market Review. THE EVENING STAR, WASHINGTO GOFFEE PRICE FIRM DESPITE BRAZILROW Cost on American Tables Lit- tle Changed by Outbreak. Supplies Heavy. * FINANCIAL REPORT OF TRE CONDITION ) the ANACOSTIA BANK, At Avacostla, in the Distriet of Columbis, at the close of business on June 30, 1924 HKEPORT OF THE CONDITION Of the NORTH CAPITOL SAVINGS BANK. i At w-nlv1.}fi,fi::u‘_’{..‘,fl‘lv‘-"‘lv.:.n; l’/ngml.r; 1. a Loans d dis E ey HIDE AND LEATHER SALES HOLD UP FAIRLY WELL By the Associated Pres, NEW YOR July American Hide and pany in the second declined less than the first NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office EVERYMAN’S INVESTMENTS By George T. Hughes 9.—Sales of Leather Com- quarter of 1924 - cent from ate of about compared with Profits were sub- however, than the first th months of $189,138 w cond qua last BY WILLIAM F. HEFFERNAN. ported during the first half year by NEW YORK, July 9:—The curb mar- | most of these companles and the fa- ket displayed increasing strength to- | Vorable outlook. day and new high prices were reached i Ili-d :flnnk uxl| ‘lmdd N«y“w E?ghfld plic & t Fuel Ol featured the dealings in this . former stock, carrying it to a new business was again large, top around 32. Recent operations for greater part of the dealin the rise in New England Fuel Ol parently bein, for accounts D o Crrngeheigio professional operators and pools. gre ely and the stock su fered a sharp setback. At 37 -high bid ub across where compared with the compared with the previous close previous of I8! Common- wealth Power was actively taken just under the top of 100. New highs were established in Electric Bond and Share preferred, American Electric new, the latter a T 1. a Loans and discounts, discounts, panks, Is of exchar with bank Fortieth Public Utilities. Not including railroads there is invested in the public utilities of the United States about $17,000,000,000, of which sum approximately $6,000,000,- Artiele. uud foreign or drati 14,000,000 in 14 semtiAar stantially less, > $200.588 for the of the year, Lo reported in the s year. The National Ris portg profits of $6,574,522 in the half of 1924, compared with $5, in the corresponding period i ot this the Government seeurities Total loans. . Overdrafts Other bonds, xtocks, securities, (ARSI 5 4.302.66 Bankiug Louse, furniture u xtures . Caxi in vault and amount due from national hanks. . 33,105.32 Amoun: due from state Uanks, « bankers and trust companies i the United States (other than included i item 10) Total af it and 11 £30,782.28 b Miseellaneois : Total Oier tiex, Banking er 2 61| Lecurs made of 5. 5412955 cuit Company 12, re- first o, Power v it 13,800.00 Real extate ow baukiug house b in vanlt nd amount die from national banks Awount duc tram state bauks, bankers and (rust companies the United States (other n included fu ttem 10). nzes for clearing louse of Btems 10, 11 L f151 oux cuh iten d oiher than market report by on the mar- bureau of | Hows 1o an- over. ured hte s, reaching a large tur hares were taken fruits Consolidated priced mining shars other new high on More than 100,000 on Tuesday’ between 71 and 85. It opened today at 90 and was bid up sharply in the later trading today. Motor stocks displayed more ani- mation. General Motors new reached re than 2 points. The buying here |q fresh top about 58 and Durant was {retiected the improved earnings re- |bid up two points. —_—— July Following | |10 Swan & Finch .. t of bonds and stocks [ 1200 Vacuum Oil new the New York Curb[Sales INDEPENDENT OIL STOCKS. i hundreds. Carib Synd it Sery A Cit Serv pra L0 Royaitle BY J. Specin Dispateh to The Star. NEW YORK, July 9.—Despite the! claims and counter-claims as to mi tary successes in the revolution now in progress in the state of Sao Paulo, Brazil, neither the supply nor the price of the coffee which finds its way onto Americ: likely to be long or fected. From reliable Yeports it is indicated that the coffee indu Brazil 1s indi- rectly responsible for the revolution, and the exigencies of that busine likely to bring it to a " ROY close pited the cconomies 1 H supplying ht; market 17,556.96 ral megrown th supplies lib- market; de- weak; home Is, pointed Canta- demand Ccali- | and in Gas and i al tions ties of never 1 Misce barre Othier 1.00a1 1L Yt LIA 1.368,996.7 it types, i | Capital stock paid fu..... £30.000.00 1pes 0.000.00 od, fornia Supplies ket steady; NEW Yol isan oficial | traded in_on Market today: 5 ITIES fita. 081 tal stock paid i o $90.000 60 3000000 17.913.04 « about saln tints, standards y of Jumbos atsiand 1.15a1.25 its) subject to re. Deposits payable 30 days) Individual deposits subject to check Dividends Total of other than subject to 5 and 30 Thne depos serve (pava orsubject more butice Certificates of than for m Other time lars 65 to BONDS. Hig s in h N . { '!Ivm is invested in electric light and power companies. At the present panles require about $1,000,000,009 | year of new money for betterments| = — — — ng demand for electricity. here the best of founda- A growing ness that has | FOR SALE been able to Jeep up with the | = URITY Jle. Of course bonds of thes CONSERVATIV el slofx OB oSy VESTORS BUY ! Cudivided light and powe preferred pense stocks command a kigh SuU PURCHASERS and taxes d of the larger investment| A !"::‘I":‘ e 10 nations ear R recently made a special s iR I ClEEks outsta 32 Xlum Agescy e 15 Al 643 Louisiana Ave. N.W. 8 Am Rolt 15 AN & WIS S 1 Bt Sivet 10 Can Nat Ky B Packers 8s new & Ele rate of growth these electric com- and extensions to meet the continu- sy e ot o || FIRST MORTGAGES d for its product are obviously THE _TYPE OF S 1 IN- investments, but in many cases Uudivi IN DENOMINATIONS TO any Cash Dividends. : k: ion of the preferred Is: al of items scem | ena it corgia, pink meats, flats, electric light and power nies. Records of corporations h zross carnings of $2,000,000 year or more were analyzed, thé com- panies concerned reprosenting about has been to restrict the amount of | j PEer cent of the Investment in the coffee shipped to the remainder of the | BSR4 Vidends were heine paid on Al world daily through Santos, the main | ¥,5% 5 S @URCR BT (G R PAOE GF Lo [ shipping port of Sao Paulo.| companjes. In no case were t To some interests that has not beed | accumulated back dividends, Out pleasing in view of the prospects for|all these preferred st ht a rather and thel three have never A lends. o it deposite hank dupos serve. (De w 30 dass) Tndividual deposits subjeet ok ttieate 510.036.89 3.635.30 Dhjec the government of through gov regulate the price ¢ fee. One messure taken For o long time ttempted, ction, to Milld e payali T Market pilics ket fa Early T cdium size arps. medium_to smail Siz , Carmans, large S hbaa 10 Cit Sery Ts ( leys, medium |45 Cig Sorv 7% D B a aemand deposits Tk deposits) rescrye. | items ££713,691.99 Subjeet o re e after 30 to 30 dass’ or and postal | B in orn 1ib Livingxton Mex o1l Mount Prod . Mutual 0il vot efs t New Brad 01 wi w Eng Fuel Ol NOY O Ollo Ruanger Omar Ol & Gas.. First Mortgage Loans = o Lowest Rates of Frompt o 256,887.53 Iuterest and Commission. | 27. of e Action ¢ due in avs (other borrowed) decayed Waliss e H 5 Thomas J. Fisher & Company, Inc.| N 15th Street Total of demand deposits (oth (other ey borrowed) depos 3.239.70 12 652.250.41 2 Col Graph S pre ofs Mayfiower Supplies liberal, market steady: Vir section ang th Car- top, mail wrapped, mostly beral; d slightly Georgia 28 pound average, pound aver- n nd *zood: mar- arolina, cr beans— Home and supplyir moderate; own, unc few 5.00 Supplies rate; demand r market weaker. Ne tion, Prices Hold Up. Homegrown suppl upplying the erry marke 00 per negrown demand moderat Homegrown, Raspberries ht; dema tor good crates, red Poor condic | H supplies | arket firm | wn, 32-qt. | 1 | | | NEW WOOLWORTH STOCK | PUT ON $3 ANNUAL BASIS . | . B NEW YORK. July 8.-Ne stock of . W 325 par value annual dividend directors declared a dend of 75 cents pay: 1 to stock of record Qua terly paymer had been made on the $100 p common, which was recently split four shares for one CLOTHING TAKES LEAD. Straw Hats Also Big Factor in Bal- | timore Manufacturing. | Special Dispa. BALTIMOR facturers and J during 1923, u to the the Industri keted for r en’ clothing t P! 5,000,000 st tured While ed to son very 1 indus full ¢ w _common Woolworth Com a oday, rterl n plac Lasis t on a when A ptember ers had a good year | »ds amountin public by ree coods mar- of which ad with a whilp o manu ass hats ‘were exte GRAIN AI‘;D P’ROVISIONS. ALTTM( pournds RE, July (s new ragu ial).— al1.50; potato, Beans, & 024,00 ts, pe 100, 3.0045.00. Carrots, per 0045.00. Corn, crate, 1.00a2.00 cumbers, basket, 1.25. E crate, 2.00a3.50. Lima beans, 250a3.7 Lett bushel Spring onions, per 100, 1.75a2 Peas, | Spinach, bushel, 1.50. To- 1% cu! £plan bu: S ) bushel 10a16. Pineapples, Peaches, crate, 1.00a per 100, 25.00a crate, 1.00a3.7 50a4.00. Water Cantal red winter, s . garlick red winte Sales—Bag-lots of nearby, new, at 95, 1.00, 1.02, 1.05 and 1.10 per bushel. Corn—Cob. new, 5.00 per barrel for vellow and 4.85 per barrel for white; No. 2 eorn, spot, 98; No. 3, 95; track corn| , No. 2, 1.15 and 1.16. ne. 0. 2 white, 63%; No. 3 white, earby, 90 and 95; No. 3% “Réceipts, 102 tons. The quiet for grades of h supply on hand is ample fo Low-grade hay is slow ular prices. Quotatio’ 1 timothy, 28.5 No. 2, 27.00a27.50; No. 3, 22.00a 2400} No. 1'1ight clover mixed, 26.00a light clover mixed, 24.00a 1 clover mixed, 00a25.50; 00a23.00. straight rve, 23.00a 24.00 per ton; No. 1 tangled rye, 18.00 @20.00; No. 1 wheat, 17.00a17.50; No. 1 oat, 16.50a17.00. —_——— RAW SILK DECLINES. NEW YORK, July 9 (Special).— The raw silk markets suffered de-l clines of 5 to 10 a pound on prac- tically all grad today, with trad- ing extremely quiet. Cotton goods markets also were quiet, but prices held steady. Print cloth quotations were unchanged at 9 for 64 by 60 and 10*for 68 by 72. - WOOL PRICES STIFFEN. BOSTON, July 9 (Special).—Stm- mer strect raw wool markets showed more activity today than it has for weeks, though it still cculd be de- scribed only as quiet. Prices are stiffening and some sales are being Tmade at prices one Or two cents higher than has been the rule in re. cent weeks. Strength of wool at the London sales has greatly encouraged dealers. rye, spot, § Hay de- and_ th trade wants. sale at irr 28.00a Straw—No. e A Fool and His Money. The fact that a stock certificate is 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 askeq their banker to tell them what he knew of some supposedly wonder- ful investment, | 1 Con Gus T Con Gas Con PAB M6 Detrott Dunlop T 2 Federal Balto s A Talt G1ax D tiles Sn.... AW City Gas 6% LN < B wi Sugar 6x By s 1ol ral £ on Ma bt et 62 Corp teh 6 AManitoba Morris 1 Nat 3 New orl 11 Nor St 30 Nor Park i Penn & Phila 1 Phil + Phila & t King of 2 Solv & ( 1 Swiss Go Lo Tab Pow M6 S 1y Tilford 65 wer & Lt fs ol Ry FOI Nether < W 6 'Bix B vt Bigw s wi A 4 Swiss Govt Sales in units 50 Ducke: 10 Cu 20 Gal 600 Tum 1L Imp ¢ 1800 Intl it Te noli Nat rland Sig e T L L on... 0 & It new “of Can et Co ltd a Dt Transit NUY Transit In Ku K S 0o Wi at 931, ngton fon 1 Mon Money—Call Bid and Asked P Tel, nztotn Gas a ansas new b ptd SAL B 109 ot T ANDARD OIL ISSUES, 63 f Washington Stocl Exchange. £00 at @ —s1 Rwy. = Gas s National ¥ type Con Co. Rwy I loans, BOND! PUBLIC UTI Auacostia & Potoma Anacostia C. & P. Potomnc Potomac Elee. Potomac Elec. Elec. Pow Wash., Alex. & . cons. 53 deb, o, 8¢ 05, m Sie"ver, Wash., Alex. & Mt. ¥ Wash., Balt. D. C. Paper M & as Annap. fg. 6s....... Riggs Realty 53 (long) Riggs Realty Southern Wash. Mkt. Bidg. “old Storage 0s.. 55 (short). 6las. Elec. D00 at 881 15—$1.000 at ALL. <. ptd. at 98%. $1.000" ut 10 at ) at 97 4s—$1 108% 103 1035, 10104 1001 10014 1010 stow | 10 at %. 000 at —$500 at_101%, and 6 per cent. es. S. LITY. Bid o B8 100 Wardinan Park Hotel 6s... STOCKS. PUBLIC UTILITY. American Tel. Amer. Tel. & Capital Trac ts, Telga. Washington _Gas Norfolk & Wa: Wash. Rwy. & Elee. com.. Wash, R Terminal Taxi com.. NATIONA! Capital £ ‘olumbi | Copmercial District Farmers & Mechanics Federal-American .. Lincoln National ccond ational & Elec. pfd..... L BANK. American Security & Trust.. Continental Trust. Merchants' National St k ings & Trust. Union Trust.......... Washington Loan & Trust. SAVINGS BANK. Commerce & Savings. East_Washingios Security Savings & Com. Seventh Street... Firemen's. National Union. TITLE INSURANCE. Lanston Monol Security Storay ‘Washington Yellow Cab. Ex MISCELLANEOUS. . Paper pfd. Dercianes 'rhmsics & Storuge. 110 Mergenthaler Linotype. . 159 Natl, Mtge. & Tnvest. pfd.. -0ld Dutch Market com Old Dutch Market pfd....... type. pld.—5 at 8%, Asked. 96% 108° | w er Oil Corp . ver 01l 0il : nk Ol new 0 & R rod &G, ret, INDUSTRIALS. nduck Power A Packers new Allied Iack Am Gas & I Am L. & Tract Appainc Pow & Atl Fruit Borden & Co Rorden & Co ris Rrit-Amer Tob con {CAm Tob res n City) RK ndy Prod Co wi 8 Pow'r Tob Ine Wonw pfd & Radid Mot Motors orp & Hud<on Lehigh P h ¥ C newwi MeN & Lonew Midsale Co. E Tower r & Light 1 ) 1% ase i~ ibus Co A pf wi Tess Motor .. < Wint Front A Republic Ry & L Reo Motor ovo Radlo ir Soryice Pic Pron Pow A & Heat pid k Co A wi k Co It wi Ward Rak Co pfd Ware Radio Co wi 1 Western Power MINING. ouk G Min s Mining Bl But Goldfic Golasi Harm Hawt Hollin, Hecla Indepe Jib Co Kas Coj Lend ules 1 ITior ..., < Mt § & R Rocky Mt 8 & R Ruby Rand Min San” Toy ...... So Am Gold & P Fhead_Gold xtens Min Verde U 8 Contin uw wi . Ttah Apex 20 3 10 10 West e SOUTHERN RAILWAY STOCK CROSSES 66 Dividend Increase Unlikely at Present—Finland Bonds Put on Sale Today. By the Associated Press. NEW YORK, July ; 9.—Southern Railway's new high price for all time of 66, which it crossed yester- day, was accompanied by rumors of an increase in the annual dividend rates to $6, which were discouraged by bankers, however, on the proba- bility that earnings this year would be smaller than the $10 a share earned in 1923. Although 1924 busi- ness has not equaled last year's the road's earnings in the first five months of 1924 and its equity in the undistributed earnings of its sub- sidiaries, amounted to $4.93 a share on the common stock, almost the an- nual requirement for the common dividends. An issue of $12,000,000 additional mortgage Bank of Finland mortgage collateral 7 per cent sinking fund gold bonds is offered today at 95 and accrued interest to yield about 7% per cent, principal and interest being guaranteed by the Republic of Finland. Others include $5,000,000 Los Angeles County flood control district 5 per cent bonds at prices to vield 4 to 4.65 per cent and $3,000,- 000 State of Michigan 4 and 41& per cent bonds, part offered at par and the balance on a 4.05 per cent basis. New Steel Merger Report. Rumors of another steel merger have reached Wall _street, linking Republic Iron and Steel with Gulf States. Both companies have in- terests in the south. Reports of ne- gotiations acted favorably onm stock market trading, both issues advanc- ing a point or more. Although of- ficial confirmation is lacking, steel statisticians are of the opinion that a combination of that kind might economies in. producng gosts. reiative fore demand. The supply of coffee now is 1,000 bags, mpared 000 bags a year firmness of world's visible estimated at with Britisxh There Overplayed Market. is every indication that this 3 bearing on the Bra-f Normaily, main | for the | tended Lo | prices. That flecting on sources of supply of outside world would use u sharp advanc movement. This ttributed in | effect has not followed the present markets here to the fact that British culators overplayed their hands. or many months Brazil has been orink to obtain a loan sources to aid its scheme and the dealers have been in o close with affairs. Traders h rssert English speculators had advanced in- formation of the revolutionary move- ment bought heavily Dbefore it took This had the effect of on futures and when was seized by the rebels speculators decided to unload That move scemingly defeated its own purpose, for the selling orders came in such volume as to minimize the price increase which naturally might have been expected Spot Coffee Higher. It is true that spst coffee has been advanced to higher levels, but fu- tures have not shown undue strength. Well informed men in the trade sert_this tendency has been empha- sized by the belief that it will be but a little time until conditions are composed and that shipments will not ally delayed. No matter revolution. they will . quickest and most tting it is 1o re- -nts from Santos. | now in the United | Brazil _and _other ed at 760,041 bags as of July 1, and 627400 bags afloat | this country from Brazil, Europe | Santos stocks at 1 )00 > stocks 2 through leans | Y. the monthly ts there to the revolt from | coffee British touch Eritish valorization d including coffees, are estims 900, st ine rec Increase in Demand. has coffee consumption in- | “ndously in this country, uropean demand has | strengthened to an unusual degree. | five million or so bags on hand | ¢ “present constitute the _carryover | fom the 1923-24 crop. which through- | out the world amounted _to above 2 The coffee car o when the new. The should report | value « 1uxe Not onl creased tre but the cially ¢ ,p bezan to be ilian new erop. which now bein to come on the market, is esti- | matea at bout 10,000,000 bags f last year's outturn ;ation that con- sumption between now and next July throughout the world will exceed 000,000 bags. With the present carryover and the shortness of the Brazilian crop, world production is pected to do little more than meet umptive requirements. There is| evidence that th facts were | carefully considered before the revo- | lutionary movement was started in | Brazil. | GASPARD NEW PREMIER IN PORTUGAL’S CABINET | | Majority of Ministers Members of Democratic Party—Replace Regime of Castro./ LISBON, Portugal, July 9.—A new cabinet has been formed to replace that headed by Alvaro Castro, Which | resigned June 26. The cabinet Is constituted as follows: Premier and minister affairs—Rodriguez Gaspard. Justice—Catanho Menezes. Finance—Daniel Rodrigues. War—Gen. Vierira Da Rocha. Navy—Capt. Perecia Silva. Foroign affairs—Victorino Godinho. Commerce—Col. Pires Monte Iro. Colonies—Bulhao Pato. ucation—Abranches Ferro. Labor—Xavier Da Silva. Agriculture—Viscount Pedralva. Premier Gaspard was at one time minister of the colonies; a majority of his cabinet are members of the Democratic party. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY of home LANSING, Mich,, July 9.—The Mo- tor Wheel Company has resumed op- eration at its plant here after a two- week shutdown. The reo plant now is closed for a vacation period and the Auto Body Company and the Federal Drop Forge Company will remain closed until the middle of the month. ATLANTA, July 9 —Southern grass cattle continue to move to this mar- Jet, but mot in large quantities, and Atlanta traders are bringing in Texas cattle to augment the supply. Heavy receipts have hurt hog prices. BOSTON, July 9.—The William I. Carter underwear plants at Spring- fleld will remain closed for two weeks, as will those of the Torring- ton Company, manufacturers of needles. WICHITA, July 9.—Twenty-one new oil wells have been completed in Kansas in the last week, of which eighteen were producing, two were dry and one a gasse ORLEANS, -July 9.—There was a falling off of 6.4 per cent in new lumber orders at the Southern Pine Assoclation mills last week, while shipments decreased 6.8 per cent and productior 11.7. | managed | th MINNEAPOLIS, July 9.—Shortage of boxes for packing strawberries threatens growers with considerable losses in this section, with consequent increase in price to the public. Com- mercial bodies are urging that boxe: be saved and reused. ‘WENATCHEE, Wash., July 9.—The state horticultural authorities esti- mate that the apple crop of this dis- trict will total 13,336 cars of 56 boxes each. This compares with 18,418 cars Jast year, . e Fifteen had at one time or anothe deferred o dividend, but all the fifteen d made it up later, Stabilizing Influence. Supervision by utility _co missions has excreised a stabili influence on the business of the tric light and power industry makinz of rates for electr has been put upon a fairly basts. On the one hund th tion is not allowed to and on the other hand established are such as 1ow r return on the money invested obably never before in the history of the industry has such a healthy condition existed as at present onds and preferred stocks of weli electric light and power companies ought to form part of every investment list. (CapyTight, 1924, by the Consolidated Press Association.) e CANNING SEASON NOW TWO WEEKS LATE Delay Crops and Possible Lighter Pack May Mean’ Higher Prices in Fall. corpora- overcha in Special Dispateh to The Star. BALTIMORE, July 9.—Higher prices for canned goods are foreseen by number of Baltimore packers. have withdrawn prices on due to the uncertain this year's pack. The canning n - is about two weeks behind schedule a Sellers futures prospects crops. Many crops are now in the early stages of growth which should be well on the way to maturity. To- x which are generally ready iner by the second week in August) are not now expected to be ailable for packing until the first of ptember. In_addition to this, the crop for canning is expected to be curtgiled, as the scason has been shortened by ahout two s Canneries sho now running full time on stringless beans, but only a few of these are running and on part time at that, as the crop is delayed and commiséion buyers are purchasing them for shipment to fresh vegetable marke Corn, to been delayed, ugh th of peas is said have been £ood. So far there has been no prices. Buying to date for immediate needs, buy been impressed with the id summer would witness a he in most lines, it is explain IRON AGE REPORTS STEEL SALES SLOW Review Shows Mill Output Will Be No Larger in July Than During June. advance has been rs having that this vy pack By the Associated Press. EW YORK, July 9.—Shutdowns of both steel purchasing and steel con- suming plants the past week and the | absence of buying bave left the trade without indication of any néw ten- dency, Iron Age says. It was expected that with this midyear closing of mills some business would accumu- late, but in the absence of reports of additional starting up there is no reason as yet to look for a larger output in July than that of June. Pig iron is now $19.29, the lowest point in more than two Yyears, the Iron Age composite price having fallen from $19.38 last week. It was $26.04 one year ago. Finished steel remains at cents per pound, the Iron Age com- posite price showing no change from week. One year ago the figure was 2.789 cents. WORKMAN FOILS PLOT TO BLOW UP ARSENAL Saves Vast Powder Stores in Lem- berg—Catches Culprit Just in Time to Prevent Blast. By the Associated Press, WARSAW, July 9.—An attempt was made Monday to blow up the Lem- berg arsenal. An infernal machine planted by a workman was discovered by another employe who put it out of action in the nick of time and seized the man, turning him over to the police. According to the authorities their inquiries show that the prisoner re- cently arrived in Lemberg from Rus- sia and that he had dealings with several bolshevik agents. Had the infernal machine exploded, it is declared, a catastrophe far great- er than the recent one at Bucharest would probably have resulted, as the arsenal contains 200 car loads of gun ammunition, besides quantities of other explosives. The fourth fort of the Warsaw citadel, In which explosives were stored, was blown up on October 13 last. In the subsequent investigation, it was stated that evidence polnted to a “conspiracy hatched in a forelgn country.” DB SISO PARIS MARKET QUIET. PARIS, July 9.—Prices were steady on the bourse today. Three per cent rentes, 52 francs 85 centimes. Ex- change on London, 84 francs 90 cen- times. Five per cent loans, 67 francs 65 centimes. The dollar was quoted at 19 france, 54 centimes, SEEA R 2.389 for | running | due | to the late spring and subsequent late 1| Arnold Guaranteed | Certificates Arnold Guaranteed Certificates afford a safe and profitable in- vestment for surplus funds. Thes are xecured by first mortgazes on improved income real estate and homews, and are a direct obligation of Arnold and Company. Tssued $100, $500 run for term years. in amounts of and $1.000. to of 2 to 10 |§| ARNOLD AND COMPANY Tncorpor Capital and Surplus, $1, 1416 Eye Street Telephone Main || First Mortgage Notes— Secured by Improved Real Estate In Washington Worth Double The Amount Of the Loan— Interest Rates Today 6% and 7¢; — Denominations of Il $100 to $5,000— Partial Payments Received— Mortgage Investment Dept. [SHANNON & LUCHS 713 and 715 14th St. N.W. Main 2345 Invest Your Savings ln. Our First Mortgages “The Safest Security on Earth” ; 4 ; Interest Denominations $100 to $10,000 MORRIS CAFRITZ: CQ TNCoR/POBATE D, 1418 K Street N.W. Main 617 Northwest Residential and Business Property Only North American Light and Power Corporation 7% Secured Notes, 1954 The North American Light and Power Corporation, directly or through subsidiaries, serves a population of about 1,250,000 in over 350 municipalities. Earnings available for interest and Sinking Fund payments nearly four times the annual requifements of this issue. Through the operation of the Sinking Fund this entire issue will be retired before maturity, even at the call prices. Price 100 and interest to yield 7% Descriptive circular W-}84 on request ‘ Founded 1876 | 416 Woodward Bldg., Washington I | Eoston NewYork Philadelghia I Chicago Demwer San Francisco of deposit (other borrowed) Total District of Calumbia CHAS. "V W ETZLER, r’.'uhmrg f - the ahove mratement 1s trae’ To. The best. of i knowledge and belief. o CHAS. v of July, 1624 < WILSON EAR K, Cashier. me this ETZLER, Subse W before Sth day | (seal) <HAW, Correct—Attest: RORERT THOMPSON J. FIRANK CAMP! CHA W, A WARDE Directors. FOR SALE FIRST MORTGAGE NOTES Consult Us have available investment. THOS. E. JARRELL Member Washina col Estate Board Woodward Bldg. Main 766-337¢ Money to Loan | 420 Wash. L. & Trost 1 you funds for EQUITABLE Co-Operative Building Association Organized 1579. 44th YEAR COMPLETED Asxwets .8 1 Sarplus 1110 . 1$1,2187320.08 Systematic Saving Most Effective the Equitable and save each av. 1t is the sure way of get ting alead financially. Subscription for the 87th Issue of Stock Being Received Shares, $2.50 Per Month EQUITABLE BUILDING 915 F ST. N.W. JOWIN JOY EDSON, President FRANK P. REESIDE, Sec's. Total of time d ject to reserve. aud 34 = Total + of Columbia, president of the Iy swear that best of = o the 2 MICHAEL, President sworn 1o before me duy of July, 1824 5 seal.) BENZAMIN ROBINSON Notary Publie Correct—Attest A0, prw AT HOLLANDER, CHARLES W FrokckmER, ireciors. When Buying Cur 7% First Mortgage Notes You Can Je Assured and has very careful appraisal con- been First.—A servative made. loan ;we 50%: of recommend the market Second.—The less than pr Third —After you have purchased one of CUr NOLes. YOu Eet a serv- ice that assures you interest the day due. Notes on hand in amounts of $100 up. Chas. D. Sager 924 1ith St Loan Dept. Main Desirable Office Space For Rent Commercial Natl. - Bank Building 14th and G Sts. N.W. Apply to Superintendent Our 6!, % Investments Secured by First Mortgages on Improved Income-Producing D. C. Properties Our 6%4% First Mortgage Real Estate Notes are secured by properties which we have thoroughly vestigated, and the security had our unqualified approval before we put our money into the loans. The fact that we made the loans is the best evidence of our faith in the solidity of the security. We can therefore unhesitat- ingly recommend them to you and guarantee in writing security of principal, prompt consecutive interest payments, full return of principal when due—and freedom from afl care and management. Every Over a Quarter of a Century without a Loss B. Main 2100 rect and Real Estate Mortgage & Guaranty Corp. (Resources Over One and A Half Million Dollars) L. E. BREUNINGER, President 26 Jackson Place A SAFE INVESTMENT FIRST MORTGAGE —offered by us is legally cor- thoroughly SAFE. The security is always a val- uable piece of income-producing property, located irm a substan- tial and progressive district. F. SAUL CO. 1412 Eye St. N.W. $1.365,996.75, this P LT EEEET