Evening Star Newspaper, November 5, 1924, Page 29

FINANCIAL. . PRICES ARE FIRM AT GENTER MARKET Meat Trade Dull—Advance| > 1 in Hogs Likely—Review of Vegetables. reported of the meat n ket 1his morning market being almost lifeles Top cattle was quoted at 17, med v cattle of splendid quality be- x quoted at 10 and 12 ire still high, with a ib marlket, almost com- moralized at the close of Was in better condition g d were 22 and 23, advanee the price of hogs West has not yvet been felt in Dealers anticipate western market then. Review. the of Dull and draggy was the condition of the chang first zocs @ betore Fruit and Vegetable t report on furnished by rvice, Bureau LA Lest York, A3t-in Boxes, Wash- | % in 6.00; Wolf Rivers, 4.50. Received by Private Wire BY WILLIAM F, NEW YORK, Nov tion of the curb market today was disappointing to those who had ex- pected that the Republican victory would result in # resumption of &eneral upward movement. While changes were mainly higher, the market merely followed the course it had taken previous to the electiors and advances in most instances were confined within & point. Aside from a further advance HEFFERNA of 4 mand_for the stoc ed to have been suppiied. The same was true of Cities Service issues. rading started in the new Thermio- NEW YORK ing is an oficial list of stocks traded fn on the Curb Market today: November 5 bonds New and York Sales in thousands High 8 Allied Packers 6s,.. 13 1 Allied Packers 80 & 18 Am Gas & Elee 6s.0 837 1 Am b 1000 a43 BON Neryi Sersi Detroit City G Detroit Edi 1 Duniop T nit edium sizes extra nd ; donathans, Bushels No. 1. Grin ties, T5al.s Supplics moderate; de- alout steady; ton Danish type, various var limux buskets Con- moderate: demand New York How va- ' mostly te; 2dy round 04215 per K=, russet 200 per ket Steady. noderate: demand w York elf- solden ugh, 2.00z 1plies moderate; de- market dull: New York ates, 25042.73; Ore Ates pplics a bt steady: No or nand sic iey, ha de- market Jer, w irapefruit —Supplies liberal; de- ut stead ind goldens, w higher. light: de- Virginia hampers, | nand Worida nedium String Ereer brig ts boxes Supplie firm SEES RELIGION ON BASE | THAT IS UNASSAILABLE | College Professor Declares in Lon- don Address Church Is Hampered | by Unintellectual Beliefs. LONDON, November 4 churchies cannot afford to be ham- pered by unintellectual beliefs which zreatly weaken their influence on hose wh worth influencing; re- ision stands which be ass: no use for d were the Is in which Prof. J. S. Haldane Colleze, Oxford, brother of England's lord chancellor, told the ! Conference of Modern Churchmen of the har ie to Christianity by icnt dogmas, which, he said, were not iceping with present-day snowled He was discussing biolo- and religion. Prof. Haldane ad- nitted that he was not a church | member and procceded to tell the conference the reason why. “I am one of many,” Prof. Haldane said, “who are kept away from ex- | sting' churches by dogmas we cannot honestly countenance. There is, per- | 1aps, a still larger number who are wiively hostile because they regard churches as hotbeds of superstition.” Continuing, the speaker said: “If I relonged to a church at all it would he to my own Scots church, for the one reason that it possesses the ad. vantage of having no prayer book START HAZARDOUS TRIP. Three Will Circle Globe in 30-Foot | Power Boat. Special Dispateh to The Star. TACOMA, Wash., November 4.—With sails set and a 30-mile breeze sweep- ing her along, the Idle Hour, thirty-foot power Letch built by Karl Rathvon, sailed from here this week for a trip around the world. Two men besides the silder completed the crew. The ship is provisioned for six months. The 1dle Hour has a beam of 11 feet, feet deep with a 10-horse motor hidden beneath the cabin companion- way. To ballast the ketch in rough seas she carries three tons of mortar ind two tons of steel borings. The oat is equipped with a 12-foot jib- »oom, a 37-foot fore mast and a 32- oot after mast. — “The ground led; it has ences” Such car Ao e “Ham Smellers.” From the Popnlar Mechanics Magazine. The quality of freshly cured hams prepared by large meat packers is de- termined by expert “ham smellers,” who est each piece by its aroma before per- mitting it to be taken from the store- room. Many years of experience are necessary to develop skill in the art of distinguishing between the properly cured article and that which requires additional treatment. Among the big- Zer concerns many thousands of hams wre turned out each day, all of which must pass through the hands of corps of inspectors whose sense of smell proves the condition of the produet, In a similar manner, téas and coffees are who select the bev- tasted by expert erages for wholesale firms. Fixing Her Class. From the Lonisville Courier-Journal. i * said the kindly old boss to one of the junior clerks, “I hear your wife left you. | “She did.” *Too bad." *“But she came back.” “Well, well. Why did she leave you, Nim?* *“Then why did she come back?” *She found she wasn't good enough for the movies.” " —_— Alagka bas ecight women's clubs with & combined membership of 250. R & Co 6ilzs A Mateh 6 X Har Lty 11 Libby MeN & Li 2 Manitoba 1% 43 Max ) 100 101 L1008 iy 10 Nnt Lenther % 1 4 New Or Pub Serv 7 N 5 North Cen Ry A 1021, 5 North St Pow 6lus. %o St Pw Mu on ower Penn Pow & nn RR G 2 Phily_Elec 6 Pul Sery of N Fub Serv of N Pure 0l (o Gl Shawsheen 7x Skelly Oil Co 0 & 1s s 050 1051 10 105 1o Wit 01y I 10 o o 0 B Nuirt Tzl O, 1Un BI L& P 4N Tnited Drug Co 6 L United 011 Prod &s 1ini Ry of Ha 7 7 Vacuum Ol FOREL S [ty Nor -4 1 P Gt T Salvay & Co 6 345 R Swisn Govt g STANDARD OIL I3 A i N RONDS 10 vin 15 Ind i Ty g M JTIEN CES i il pi new &R 0T L 200 Tmp 0il of Can 0 Intl pee Co Ltd 100 Nat Transit 0N Trans 1100 Ohio 0l 1310 Pratrie 0i'& Gas.. | Prair 086G tiew 0 Penn Mex' Fuel 0 Nolar Retin i Southern 1 1 2000 5 0 Ind 1w S 0 Kentucky. 20 5 0 Neb So00 S 0 N Y LIRS S 0 Ohio prd 0 Vaguum O sales INDEPENDENT 0O1L in bundreds. 1 Boston Wy 5 Brit-Con Oil 10 Carib Synd 1 T is STOCKS o . Fields 3 gtock Exchange SALES. $500 at 987 500 at 973 £100 4t 10 Washington Traction asiington Gus Wushingtou Gas ¢ at 100ty Capital Traction Wushington Gas, 51%, 10 at 51% Wishington Rws 10 at 9%, 10 at American Sec. & at 301, 20 at 3003 National M. & luv AFT! at ¢ 0 40 10 at prd.— Co—4 ight 0% Fust Co.—-10 at 3 prd—10 8t 9 Capital Traction Co. Washington Gas Li Mones—all loans BONDS. Bid and Asked Prices. ILITY. 5 and 6 per cent. PUBLIC T & Telga. 4s erican Tel American T % American Tel. Awm. Tel. & Tel Am. Tel. & Tel ‘Anscostia & Potomac Anscostia & Potomac 5 ‘elephone 5 C.o&P Capital Traction R City & Suburbap 5. Gedrgetown Gas 1ot 5 Mtan It. B. 5 Fotimae Electric 15t t. Elec. Pow. g. m. & Dot Joini Stk Ld, Bk, o8 w Alex. & Mt Ver. ] Alexl & Mt Ver. o MISCELLANEOTS, . C. Paper Mfg. 68........ Discs TRty et uiomgi Riggs Realty 53 (short) .. Southern Biidz. 6 Wash, Mkt. Cold Storage Wardman Park Hotel 65 STOCKS. PUBLIC UTILITY. American Tel. & Telga. 2 Capital Traction.. Washington_Gus - > orfolk & Wash. Steamboat.... . Rwy. & EI Terminal Taxi com. NATION National Capital.. Columbi Commercial District . Farmers & M Federal-American Liberty . Lincoln .. tional Riggs : : Latonal Bank ‘of ‘Washiogion.. TRUST COMPANY. American Security & Trust . Continental ’{;\'u&kl. o Ay Wash. Loan & Trust . SAVII'"S BANK. Commerce & Savinge ... East Washington Security Savings & Co Seventh Stree.- P iates. Sotahaton Mechanics FIRE INSURANCE. American Corcoran Firemen's ational Union.. .. TITLE INSURANC Columbis 'Hlls‘ o Real Estate Tite . MISCELLAN Mncbluls" Trlul:r & Storage.. ergeutraler ganotype - NarE Sitge. & Taveat. pra Old Dutch Market com. 0ld Dutch Market pfd. Lanston Monotspe . Security Ntorage ...... ‘Washington Market.. Yoliow Cabeossesnseasss er 5.—The ac- | points in Ward Baking class B the de- | Follow- | i = | THE EV NEW YORK CURB MARKET Direct to The Star Office | dyne Corporation radio etock of no pas value, a block of 1,200 shares changing | hands initially at 121, against 12, the | price at which it was offered for pub- lic subscription. Jones Radio sold at 10 agai | selling in the new Freed Eisemann had | been completed. 3 | “Coal shares did better than most | industrials, Glen Alden opening at 124 and getting to 128. D., L. and W. went along and so did Lehigh Valley Coal sales, but advances in the last two were not so pronounced. The new Prairic Oil and Gas stock of $25 par value was admitted to trading on a when issued basis, but “ted little attention. 2 115 Gull Ol of P b oil Proa’ 3 1 0l vot efs. Nobie Ol & Gax. Peer Oil Corp. & By 6 o 5 Woodley Pet ... INDUSTRIALS. Acme Conl Allied T Allied oreizn Pow wi Tob B new wi. Archer-Daniels Mi Armour & Co pfd Atlantic Frait den' Co voklyn Nhoes Tne 115 Am Tob cou il Am Tob re rifugal Pipe. Clatterion & Son L Chilis Co new E 0l G & Enew pf A 1 Com’ Fower Corp.. 1 Com TPow Corp pf & R el and it looked as.if the recent | NING STAR, WASHINGTON, 'D. BUSINESS IS READY | ' TOEXPAND FREELY Passing of Election Followed | by Long-Delayed Orders ! for Goods. ( By J. C. ROYLE. { NEW YORK November 5—With | the announcement of President Cool- idge's re-election finally absorbed from the radio and the newspapers, | business men lost little time in reach- ! ing their desks this morning. The | first thing many of these executives !did was to give an order—an ord for more goods or more materials or | ! for heavier production. i | Business was free, with the ele tion over, to respond to healthy | ditions of commerce and industry throughout the country and the ex- pansion due to seasonal influenve. The hesitancy in business, plainly noticeable prior to Tuesday, undoubt- edly was due to psychological rather | than physical causes. But the lifting | of this mental barrier had practically the same result on backed up vol ume as the opening of the flood gates {of a dam. In most lines of trade, the result of the election could have had only a psychological effect for months to | come, no matter if Davis or La Fol- | | lotte had been chosen instead of Coolidge. The President-elect would | not have tdken oflic until March, 1925, while the Congress elected will | not convene fcr over a vear. But,| although they realized the facts, most business men hesitated about going forward with their programs until the uncertainty finally was| swept away. | Congress Bloc Feared. [ Some still view one or two pos bilities with alarm. One is the da | ger that some coalition or bloc in| the old Congress might uffect the passage of certain necessary appro- | | priation bills between now and next March. Construction has been auth- % | orized for Federal improvement pro- Cuba D& W (ual Doch " Die Cast Co Dubitier ¢ & Radio Durunt Motar D Yoot Motors. Iz Co A Kl Bond & Sh pfd 1 Fed Motals ....0.. I Inspect Much 1 Eise Rad wi ot 8 R en Alden Coal Goodyear Tire roonan Bak Inc.. Mazeltine Corp Hesden Chem Hoe R & Co 1o A » Tobac 3 nter Cont Rubber.. luter Oce Radio Cor Kadio = hesstone Solether. . Pandover Ho Cor & Sh Power see. W Val Coal Leh Val Conl N €. Lil MeN & 1L new Middle West (til Mid West Util pr 11 Midva : 5 26 K1y g o5 Kovn fa: STGel ey S0 C8 1w 1o Motor Tntl - 0% Thermoiyne Rad wi s wtd Siip . y I 31% 3 .88 1% 133 United Bakeries . United Bakeries i United G & & new. ui Retal ard Bak Cor B. 2 Ward Bak Cor pfd. i+ Ware Radio Corp. MINING. 10 Alaska Brit-Colo. Canario Copper on Cop_ Mines.. .. Cresson Gold .. Diumondfid B But . Eng G M Ltd Ind. Croesus Florence Goldtield Ltield Harnill Hollinger : Howe Sound . Independence’ Lead. Jib_Con: Copper Corp. ne St Lors » Developmt Deep Min .0 Wiy coos 5 07 rain Sil Syo Lid .44 New Jersey Zi Nipissing 2 On Ply Copper .. Lead Mines “Tono Jim Butler Un Eastern M Cnited Verde S Continenta SRS S S 'NEW EFFORTS MADE TO ADUST MERGER George F. Baker to Represent Erie in Making Deal With Van Sweringens. By the Associated Press. NEW YORK, November 5—Re- newed efforts to adjust the difficulty | over lease terms which have retarded | the progress of the Nickel Plate Rail- road consolidation being engineered by O. P. and M. J. Van Sweringen | of Cleveland were made today by di- rectors of the Erie and Pere Mar- | quette railroads, which, with the | present Nickel Plate, Chesapeake |and Ohio and Hocking Valley, will constitute the enlarged system. George F. Baker, head of the First National Bank of New York, was named chairman of the subcommittee representing the Erie railroad, which will negotiate with the Van Swer- ingens on various questions involved | in_the merger. Directors of the Pere Marquette Railway, meeting today, failed to find the solution of the lease problem, ac- | cording to Chairman E. Brown. | Indicating that the tentative ‘terms | were unsatisfactory. CHICAGO, November 5. Unchanged; creamery extras, 38%; standards, 37; extra firsts, 36a37; firsts, 3215a34; seconds, 29%a30%. Eggs—Unchanged; receipts, 9,327 ! casex: firsts, 42448; ordinary firsts, ] 4 . RATES ON BAR SILVER. LONDON, November 5.—Bar silver, 347-16d_per ounce. Money, 3% per cent. Discount rates—short bills, 3% % per cent; three-month bills, 3% a313-16 per cent. s | mining and .92 BUSSES IN RICHMOND. | jects on rivers and harbors which it | will take $204,000,000 to complete and | a check to which would affect many | producers and workers. States and municipalities, howgver, | voted Tuesday on bond issues to p | vide funds for public works involving | expenditure of $600,000,000 ficient of these issues were to provide a tremendous | labor and materiais {manufactured. Banks and inves | ment houses also are preparing to| | finance public utility betterment pro- | grams, the inauguration and expan- | sion of bus lines and the merging of | industrial concerns of sorts which will require purchases and payrolls. | Worry Over Tariff om Sugar. H | Another danger, seen especially in | the Middle and ¥Far West lies in the | possibility that the tariff on Cuban | sugar may be reduced by prestdential | jaction now that election is over. The | beet growers continued to assert today that their industry is all that | keeps the consumer in this country | from being at the mercy of the | Cuban producers and big refiners so | far as price is concerned. 1 With the domestic sugar growers | ldriven from the field, they see {nothing to check a valorizatton scheme by the Cuban government or |a coalition of Cuban growers which could so control shipments of Cuban sugar to this country as 0 enable them to name the price desired. The domestic producers s that is exactly |what happenel with n Sugar once {before ana what happening now “w h Brazilihn coffee owing to the re- |strictions on shipmerits of the latter | jcommodity by the Brazilian govern- ment. | Since the lowering of the sugar | tariff wall was emphatically demand- | ed by the campaign managers of both | Davis and La Follette, however, the {beet and domestic cane growers are | somewhaht less apprehensive about im- mediate lowering of the su gar impost by the President. In general, despite these cited, renewed activity felt today. Railroad and vessel men turned every effort toward moving grain and other crops. New high rec- ords for all time re reached grain receipts at Duluth, which taled over 58,900,000 bushels. Stocks | in elevators there exceed 24,000,000 | bushels. In order to provide stor- | age space for grain which will be marketed in the \cinter months ree- !ord shipments must be made before | lake navigation closes. Similar ac- tivities are necessary in other grain centers. a suf authorized | emand for both raw and | various | heavy instances made itself to- Rapid Transit Company Plans for . Expanding Service. Special Dispatch to The Sta RICHMOND, Va., November 5.—On January 1, when the jitneys are ex- | % | pected to be off the streets. according | to a city ordinance, 62 busses will | be running into the west end, giving | | a one-minute schedule, it S ar nounced today by the Richmond Rapid | Transit Corporation. The bus com- | pany is losing 500 passengers a day | now because of insufficient busses, it {18 said. BOSTON, November 5.—A tareful survey of New Ingland indicates ! { fully 100 motor bus lines are in oper- ation, using 450 busses daily. This is exclusive of tourist or sight-see- ing busses. A Manchester-Boston line has just been opened and a Haverhill-Boston line is contem- plated. e STEEL ORDERS SLOW. Purchases Made Only for Early Re- quirements. Special Dispatch to The Star. PITTSBURGH. November 5.—While a good deal of the general byyihg of steel projects by jobbers and manu- facturing consumers undoubtedly had been postponed, when convenient, to | after election, not a great deal of this postponement was possible, since buy- ing for months past has been of a hand-to-mouth character. There have been no indications of any serious de- crease In industrial activity and con- sumption has kept purchases at a fair volume. Improvement in the wire business is marked today and prices are firm. COFFEE TRADE DOUBLES. PHILADELPHIA, November 5 (Spe- clal).—The total amount of Brazilian coffee shipped to this port thig year has been 97,781 bags, which compares with 54,000 bags for the entire year 1923. _— - - PARIS MARKET FIRM. PARIS, November 5.—Prices were firm on the Bourse today. Three per cent rentes 48 francs. Exchange on London, 87 francs 5 centimes. Five per cent loan, 58 loans 70 centimes. The dollar was quoted at 19 francs 14 centimes. e COAL SHIPMENTS PICK UP. NEW YORK, November 5.—Increa: ed activity in coal shipments is re- flected in October carloadings of the Virginia Rallway, which totaled 14,- 202, the third largest month fn the road’s histor; o % {are | etits to offer. | Operations of 179,000,000 feet, tadvanced 1.5 ifor 3 per cent. | cent less. COMMODITY NEWS ', WIRED-STAR FROM ENTIRE COUNTRY PORTLAND, Org, November 5.—; There. has been a general tmprove- | ment in the Oregon prune situation according to manager M. J. Newhouse of the Northwest Prune Growers' As- sociation. The demand in England, Germany and Scandinavia “is good. ! France wants petits and probably will | not buy Oregon Italians until her own gone. The association has few | MINNEAPOLIS, November 5.—Foxes | valued at more than $1,500,000 will be | exhibited here November 13 to 22 un- | der the auspices of the American Na- | tional Silver Fox Breeders’ Associa- | tion. i CLEVELAND, November 5.—Textile | plants here continue operations on a | strong scale. Standard Knitting, makers of knitted outer wear, are operating day and night forces. The | Industrial Fibre Company suffered a | setback to production a result of | a fire, but the company is booked solid until Spring. FALL RIVER, Masx. November 5. the Fall River cotton | mills are increaxing, but the average for the city ix not vet higher than 40 per cent of capact NEW ORLI Orders to Southern mills last cent bolow ovember ! Pine Association week decreased 5.7 per the previous week to shipments rose 3 per cent to 81,000,000 fect and production to 71,500.000 feet. Un- filied orders total 226,300,000 feet. SEATTLE. November 5.—The ap, growers of Washington have shipped | about $12,000,000 worth of fruit to date | from the Chelan district, comprising | three counties. HOLIDAY GOODS KEEPING | HARDWARE TRADE ACTIVE | Collections Also Reported Good, as Farmers Square Up Many | Back Bills. Special Dispatel to The Star, EW YORK, November 5.—In its| weekly hardware market summary | Hardware Age will tomorrow: ! Staple hardware lines are moving consistently. Strictly seasonal line~ are moving fairly well in spite of the | continued warm weather in most sec- | ti¢ Week by week slight but encouraging improvement was noted throughout October. November expected to be a good sales month in this field “Holiday merchandise is beginning to move from the jobber to dealer. and there is every indication that the Christmas trade will equal and per- | haps surpass the holiday business of 1923 Farmers are said to bhe liquidating | their old accounts with retailers, with the direct result that jobbers are finding collections casier among their | dealer customers.” HIGHER HOGS LIKELY. | Agriculture Department Sees Even | Chance for Price Rise. “There are apparently fewer hogzs | in sight for next year than any time | since 1920 mayw a Department of Agriculture s “The corn sit- uation indicates lighter weight hogs, and the trend of hog production in | Europe Is about the same as here. All the factors in the hog situation seem to mean more than an even ance for higher hog prices. A drop in hog production might | play some part in the beef cattle sit- | uation The country is apparently | still ‘long’ on cattie. The run of beef stock to market is heavier than last | Fall and it is going to slaughter rather than to feed lots. Cattle raisers probably are now in the most distressed position of any major group of producers. CROPS ARE HARVESTED. | Finding Disappointing | Markets in East. ! for 1824 is their pro- ! Potatoes The agricultural story that farmers have put ductive house in order and have achieved the payment of considerable debt, declares the United States De- partment of Ag lture in its Nov- ember 1 agricultural review. “The production season is practi- cally ended. Grain is mostly threshed. ilos are filled, cotton ginning is well and hay pressers are busy. carly movement of grain and cotton to market has been heavy Many corn growers are struggling with the problem of soft corn. Potatoes, which is one of the chief money crops in the East, are turning | out large yields but meeting a dis- appointing market. This comes dis- ouragingly on top of the depression in the Eastern dairy industry.” EVERYMAN’S INVESTMENTS BY GEORGE T. HUGHES. Rates Change With Conditions. In a preceding article of this series I | pointed out the returns possible on ! various classes of investments on the nt market. It was shown that up per cent could be obtained from | conservative investments, and that 6 per cent was reasonable if care was taken in the selection. Now over a period of time there is | constant change in these rates. For a time late in 1920 and early in 1921 as much as 6 per cent was to be had upon obligations of the United States Govern- | ment against less than 4 which all the | Liberty loans now yield. In the same way in_April, 1920, the Pennsylvania Railroad sold a $50,000,000 bond i on a 7 per cent basis, while a.few we ago the eame company was enabled to | borrow on long-time bonds at 5 per cent and to negotiate a loan (or one month Many industrial com- | panies in 1920 and 1921 issued bonds | carrying $ per cent coupons, and eoms | of these have recently, been redeemed with moneys raised at a cost of 2 per The point is that conditions have changed in the past four years, and it is perfectly possible that a similar change may be in store for use during the next four years, although fluctuations so large are unusual. In 1920 and 1921 an Investor was able to loan his money at 7 per cent with the same security on which it is now possible to obtain only 5. Changes: of this kind do not come rapidly. To an extent they are foresee- able. When it appears that the trend of money rates is upward it ie advisable to buy short-term bonds, and when the prevailing movement is toward lower interest rates long-term securities are preferable. These ups and downs have nothing whatever to do with the safety of an investment. They affect only its price. ‘When Liberty bonds sold at 85 cents on the dollar four years ago they: were just as eafe as they are today, when the Qquotation for the Treasury 43s is $106 per $100. Principal and interest were Just as well assured one time as the other. It fs sometimes practicable to take advantage of these cycles in in- vestment values, but to do so requires expert. guidance. Lacking that the ordi- nary investor better . content himself | with securities that are essentially sound and not worry about: market | timited | ed with | cens { a a8 é ; prices. (Copyright, 1924, by Consglidated Press.) . NEW VEGETABLE | COMING TO FRONT Dasheen, Potato Substitute, Finds Larger Demand as Quality Improves. 1f the dasheen is to become the im portunt crop on the market that is naturally o be expected of it, in view of its desirability a substitute f potatoes in the Southern States and to supply the demands of certain foreign peoples of our larger citie the growers will need to adopt ap- proved methods of marketing and grading the product, says the United States Department of Agriculture. The market for dashe is as yet principally reason | very small part of our popu- | is familiar with this new vege- | However, the demand is low- | 1y increasing, and. as a supply of uniformly good quality is placed on the market and the best methods of | prepdration for the table come to | understood, the use of dasheens will | increase more rapidl Demand Being Built Up. Farmers' Bulletin 6 has just been | U ns for the that a latio table ! issued by the Department of Agricul- | ture covering every phase of dasheen culture and marketing. This vege- table was introduced into the South- ern States primarily as a means of substituting a part of the potato sup- ply which is shipped into the South from the Northern States. ! A small demand for the vegetable | has already been built up among | Americans who have become acquaint | it and among foreigners in the large cities who knew the dasheen | in their native countries, hut it is the | opinion of the department that larger market can be built up as the vegetable hecomes Letter known Bext Quality Necessary. There is a natural tendenes the bulletin, for the zrowers of dash- to get the crop off his hands with the least possible labor even at low price and an equally natural tendency on the part of the whols saler to purchase at as low a pri 1s possible. The grower may be r minded, however, that dasheen haps eYen more than any ordinary crop, at present need to be at their best both in quality and appearan in_order to sell readily. In introduc- ing a new food, ax is being attempted with this vegetable among our Amer- 1 people. it should be first-class in very respect. Even among people of foreign birth who already Rnow the heen, the marketing of a high grade product will unquestionably re sult in larger consumption, I T Consalt Your Banmker. If you are inexperfenced in invest- ing money, it Is very unwise to plunge into amiliar ventures. You will profit by consuiting some one who is familiar with such affairs. Consult your banker as to the requirements as to bank investments; what are safe for their funds are very certain to be safe for vours. It is always wetl, moreover, to seek his advice and counsel . i | | 1 | 1 WILL SELL % GERMAN GOV'T BONDS 8-15, 1923, $3 Million Address Box 14-V Star Office Reasonable Rents for Suites or Single Rooms High Ceilings—Ample Light Day and Night Elevator Service in Modernized Federal-American National Bank Bldg. 1317 F Street N.W. Apply Room 505 Phone M. 256—M. 700 MONEY TO LOAN On Improved Property in D. C. and Md. ANY AMOUFT—THREE, FIVE snd TEN YEAR TERMS Lowest Rates BUILDING PROJECTS FINANCED FRED T. NESBIT Investment Bld; Main 9398 @ Mortgage Notes— Secured by Improved Real Estate In Washington Worth Double The Amount Of the Loan— Interest Rates Today 65 %— Denominations of $100 to $5,000— Partial Payments Received— Mortgage Investment Dept. HANNON - 1 713 and 715 14th St. N.W, Main 2345 FEDERAL-AMERICAN NATIONAL BANK RESOURCES $13.000.000 1315 F ST Jonn PooLe Paseenm “When Buying” First Mortgage Loans! Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc, FINANCIAL. Prompt Action 788 15th Strest Send for Our Kpecial Bulletin vn the GERMAN BOND SITUATION and the position of German banks. free on request THOMAS CAMPBELL DOUGHERTY, luc., UL N 50 Broad Nt New York, Continental Trust Company Capital One Million Dollars 14th & H Streets T TR RAAD (o) MoFirst e Rorias) JOUND investments are in TO FEDERAL EMPLOYEES AND ALL OTHER PEQPLE WE WANT YOU AS ONE OF 50,000 NEW INVESTORS IN THE SAVINGS DEPARTMENT oF “YOUR BANK” To get your investment we will loan you ONE HUNDRED DOL.- LARS WITHOUT INTEREST OR ENDORSEMENT. The only condition is that yeu will feave it on deposit in a sav- ings account for one year and Pay us back ten dollars a month, Your one-hundred-dollar invest. ment will bear interest at 4% per annum, compounded semi-an- nually. Sent = At the end of one year your $100 investment will be worth $104.04. Under the usual 4% savings plan, if you save $10 a month for ten months, your $100 at the end of one year would be worth $102.52. Ani: Come in and talk with us about this new investment pian. Banking Hours—8:30 a.m. to 3 p.m., except 1st, 2nd, 15th, 16th, 17th and last day of each month, 8:30 a.m. to 5:30 p.m. Saturdays, 8:30 a.m. to 1 p.m. THE DEPARTMENTAL BANK “YOUR BANK 1714 PENNSYLVANIA AVENUE N.W. Under United States Government Supervision Money to Loan Becured by first deed of trust on real tate. Prevailing_iuterest and f\-ulm,h Joseph 1. Weller 8 Wik ©-% s greatest demand in Jan uary. difiicult to get the most tractive inter:st rates. planning now you can possi- v of being unable to get e issue, the maturity and want against the mterest rate yvou Our strong 7% First 7% Mortgage be may reserved no payment a uary, cither outright under our Investment Sav- iygs Plan. Call. write or phone Main 6464 for circular describing current offerings that pay 7% NO LOSS TO ANY INVESTOR IN 51 YEARS The F. H. Smith Co. | Founded 1873 FIRST MORTGAGE BONDS 815 Fifteenth Street Smith Building Because of this de- mand investors often find it safeguarded Jonds and ranged in Jan- Illinois Power & Light Corporation Debenture 79, Bonds Due April, 1953 For the twelve months ended May 31. 1924, eam- ings of the Ilinois Power and Light Corporation, af- ter interest on total mort- gage debt, amounted to more than Six Times an- nual interest and sinking fund requirements of this issuc at- or Price 101 and interest Yielding 6.929, W.s501 E. H. Roltins & Sons Founded 1 416 Woodward Bldg., Washington New York, Philadelphic Decer, 15C0 v circular 5 Rosto Chica o Fran Equitable Co-operative Building Assn JOHN JOY EDSON, Organized 1879 Assets . President $4,942,132.65 FRANK P. REE 45th YEAR ( Surplus Subscriptions for the 88th Issue of Stock Being Received Save Shares $2.50 per Moflth a Systematically —Join the Equitable and save in systematic manner. —It accomplishes wonderful results. 915 F St. METROPOLITAN HOUSING LOANS (Metropolitan Life Insurance Company) Loans for 15 years on homes in the DISTRICT OF COLUMBIA and sub- urbs in MARYLAND and VIRGINIA. BUSINESS PROPERTIES Ample funds for loans on office buildings, hotels, apartn,mtc. retail stores and Lowest Interest Rates WEAVER BROS., REALTORS 735 15th St. N.W. Main 1821 Our 7% First Mortgage Notes —your investment in secured on carefully selected improved properties and placed on a sound. couservative valustion. Notes now available in amounts of $100 up. Aoply Lown Dept.. Mr. O'Bonnell, Mgr. Chas. D. Sager Realtor 924 14th St. N.W. INVESTING Quarter of a Centur Without a Loss B. F. Main 2100 WITH SPECIALISTS Specialized knowledge is a factor of vital importance to the successful management of a Mortgage Company. For thirty-one years we have specialized in this business without a loss to any investor. Invest your our sate surplus fund in FIRST MORTGAGES —and relieve yourseli of worry and detail. - SAUL CO. 1412 Eye St. NW.