Evening Star Newspaper, November 13, 1924, Page 31

- FIN [ ANCIAT. WARN WEATHER KEEPS PORK CHEAP “Hog and Hominy” Hinted if Turkeys Get Too High at Thanksgiving. Uncertainty Xeys for the trade has prompted that a high market deni: r ot especially fresh It will be a turkey price e e Cheap pork prices ted fr warm w nds and Kk ins as to the Thanksgi the will i ultry suggestic the and meats. crense a dealer teyond of hox and should reach ¥ 1 week re- ather, light de of the ma dvanced in ces on hog product 22a24; hams. 18a20; ind lard. 18a19, mnd veal prices have mary the past m n t is anything ither n condition wh weather set 15, veal last £ n nd this we aday s 1th or but to arke en cold S and Today's Pric ~ Unchanged. 1t te nd chee Dressed ring chickens, ern, Butter packed, Cheese— 1 25; old Fruit and i35 store nzhorn, sharp, 35 mild cream, Vegetable Re led ‘l v iew. Today's on the Ma Agricu %o, Bunar 4.00a4.25 Bush Virgin No. 1 Winesaps, lassificd, vario: and man ur mand light bulk, p 20.00 Stipi ton, Danish Onion Market Du 1s—Supplies market dull 100-pound o O light Ohio, ties, light; ndy; V and South lant a, pepper busi culls| Squash light crates, white Tomatoes light; boxes hotl size, 3 Supplics market stead ripes, warped pound Lettuce Hzht: market fornia crates, 4.00 fow Supp marke Supp! modesate best, < light stock; ma quart C1 Climax -quart C Supplies rket steady. medium si aval, Browns, 4.75a5.00; 5; few 5.00. pefruit market and demand mod- steady X baskets moswy, 20. imax baskets, New 3 2-quart an, 1 Concords, Oranges- light, light; o Florid 5026.00; other demand . boxes Parson varieties, ppl steady Brown light, demana Florida, boxes Goldens, 3.25a3 light: Brights What Experts Buy. Trained investors curities that have value. One of the surest methods of determining the value of any is to seek a loan on it. If your banker declines to consider it as collateral You can rest assured its marketability does not amount to much. FORM NEW CONCERN TO MARKET WOOL buy se- substantial loan National Wool Exchange Will Have Sales Offices in Boston. By the Associated Press HELENA, Mont,, November Organtization of the National Exchange, composed of Western wool growers and live stock bankers, to provide for orderly marketing of the wool crops of Montana, Wyoming, South Dakota and other Western States, was planned here yeterday. Western headquarters will be in Hel- ena, with sales office warehouses in Boston. The exchange will be organized un- der the laws of Delaware, with a capitalization of $200,000. The new organization will be a reorganization of and successor to the National Wool ‘Warchouse nd Stora Compan; which is being liquidated. 13— Wool CANNOT STOP FOR FOOD. NEW YORK, November 13.—Over- whelmed with the rush of buying or- ders which flowed into the stock mar- ket yesterday, Wall Street brokers were t0o busy to eat. Restaurants, which are the usual rendezvous of stock exchange members, appeared deserted at the luncheon hour yes. terday, and preprietors reported a 50 per cent falling-off in business. GETS BIG CAR ORDER. NEW YORK. November 13.—A con- tract to build 1,000 tank cars has been awarded to the Pennsylvania Car Company by the Texas Company. A deficit of $130,594 after expeneses. taxes and depreciation, is reported by the Freeport Texas Company for the three months ended August 31. Surplus for the nine months was $28,- 195, compared with $683,553 a year 280, mproved | fruits | 5. | stock | NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office 1AM F. HEFFERNAN, I Dispateh to The Star EW YORK, November 13 ing movement quite as pronounced as | taken place since the swept through the curb It centered in no ss of securities, but it Jle that stock which had not shared equally with others in the upturn of the past week or so, were i | being favored g : Under the leadership of eymotor andin L ananes | Lackawanna and Western Coal, the |oom, the leadership « e [ anthracite stocks s Coul L the |common and Durant Motors advance | the gradual in the but steady statistical position of the in- dustry, but once profit-taking sales were out ol the way buying becam pronounced. Standard of New York, Vacuum and Standard of Kansas were leade of th domestic oils, while Creole Sydnicate among South erican pushed forward new h the year. Th w tive particuls was notic issues w sh prices for of specu communicated itself d to Delaware of a half poin o ore than 2 briskly, with the turnover in i 2 points veeurred, larger than on any day in United Bakeries After ope St @ POInt | part of Wednesd us closing auotation, | hut fluctuated int between sales oc- | (pading. | The in a rise of 6 points ' ing Biarossed H Lehigh Valley Coal pared with the previous close of 16 {Wore taken between 36 and 57, while | Hardening of copper metal quota- outhern Coal and Iron continued tions continued to have a stimulating demand just under top prices for effect upon the market for copper stocks, and the volume of business in < quarter was again 1z ST common retraced severe declin in the ntal 18, where it | months cu class to sitles The oils were slow to respond | usands. ATl Packers 8s 11 A 7e ey . ' Am Gas & Blee 65 ] linz Mills 6s ead Co Gx i BONDS igh 0 Kaus 0 Kentneky Sales in livdris a0 A OIL KT i~ Nat Gulf Oi of Ta. 130 Hudsou 0] Mount Mitual t New I Irod wifong O 2 Am Sup Pow 5 Am For Iow 11 Am Tob Co T Co B FOREIGN T new 7 Fin Gn M 3 Ind Mig Bk 31 King Net 1 Rep 10 Kiss ¢ 100 Anzlo-Am_ Oil 105 Atlantic uwealth P ¢ v Cor pt A vWashington Stock Exchange SALES $1.000 at 987, $500 at —$300 at 102, $300 10 at 93%, 10 at 3%, P10 at Tovest Washington Rwy S1O00 at 4T, S S1000 at & Elec! 4s—$1000 at Conl wi Tinoty at 16 10 at o Corp s Corp pra. + Repetti Candy.. 2 Rteo Mot.. s 3 Rova Kud Co tr ofs 4 Sil Gl Pron vt of 1, Singer Mfg.. 130 Se ¢ & T new., %y Southern Cal htlater —$600 at 100% ington Gas Light—3 at u —Call loar and 6 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. S 2 rmiodyne Rad .. @ Thread Co ptd..... 1 Tower Mfs § Cnjon Carbide . a1 United Lakeries 12 United Bnkerles pid 108 1 Un Shoe Mach Cor. i) 2 Ward Tk Cor A 6 Ward Tink Cor 1. 1 Ward Bak Cor pfd. & Ware Radio Corp. . 1 Western % Westorn Power pid i Wi Rk in Sp new 1W R Sp new vie MINING American 7 American Te Anacostin ©. & P. Telen C. & P. Tele Capital T City & Subui Georgetown Metropolita Potomac Potomac Potomac 8 16% 15 | Whsningtor 1 Wash. Ttwy. & Elec: | wash, Rwy. & Elec, gen. | o8- dfield Dev Paper atield Deep calt . | Tug 3 Hollinger 3 . Howe Nonnd 10 Indey 1 Jerome 50 Tib Cons STOCKS. PUBLIC UTILITY. Tl & Telg bital Traction.. | Wislington ¢ Nortolk & Wash Wash. Rwr. & Flec, { wash. Rwy & DEG:-vene Terminal Taxi com.. NATIONAL BA! National Capital Bank. - 20 Ton | Columbia oeueersees 2 T onal_Tin Cornelia Plymouthh Ray He popali Extens 20 Tri-Bullion 160 Trinity Copper. .. 4 United Verde Exi Liberty { Lincoin | Natic [ Riggs - ccond - ationai 10 West NEW YORK EGG PRICES. W YORK, November 13.—Eggs firm —Recelpts, 13,211 cases. Fresh gathered extra firsts, 56a60; do firsts, 48a53; do scconds and poorer, 37a47; nearby hennery browns, extras, 65a72; Pacific Coast whites, extras, 76a80; do firsts to extra firsts, 62a75; refrigerator firsts, 38%a39. B iank ‘of Washington.. TRUST COMPANY. American Security & Trust..... Centinental Trust. 7 Merehar ts' Bank...... tional Savings & Trust... jon Brus- . = Washington Loan & Trust...... N SAVINGS BANK. Commerce & Savings.. Fast Washington..... Security Savings & Com Seventn Street.. TUnited States.. ... Washington Mechani FIRE INSURANCE, . 200 1 SEABOARD’S TRAFFIC UP. BALTIMORE, November 13 (Spe- cial).—Carloadings on the Seaboard Air Line Railway during the first week in November totaled 47,035 cars, or an increase of 5% per cent, as compared with the total of 44,562 cars loaded during the corresponding period of 1923. American Corcoran Fiiemes National TITLE INSURANCE. Jumbia _Title... . Seal Estate Title. MISCELLANEOUS. Merchants' Transfer & Storage. 115 Merenmimier " Limtsie o Natl, Mtge. & Invest. pfd.. [ 0ld Dutch Market com. 0ld Duteh Market pfd.. Lanston Mouotype - Security Storage. Washiugton Market. . Yellow Cab..... RECORD TOBACCO SALES. NEW YORK, November 13,—The volume of business transacted by the American Tobacco Co. in October was the largest for any month in its history, both gross sales and net profits ‘surpassing all previous ree- ords, it was stated today. improvement | enthusi- | { has slackened | peated | separating apparent {lished by Lloyd's Register of THE EVENING STAR, WASHINGTON, D. C. BETTER OUTLOOK INOILINDUSTRY Gradual Recovery From Heavy Overproduction. 300,000 Wells Active. BY J. Speeial D.spateli to T NEW YORK, C. ROYLE. - Star. November 13.—Ever since the Drake well wns drilled near “Fitusville, Pa., In 1859, there has been eneugh petroleum in the world to aupply the world’s needs. At times there have Leen recurrent periods of slack production or The industry is now from of latter, and in con- 1ence the outlook for the industry is brighter than for some time. Production in the last wee There still is a heav surplus of oil in storage In this coun try and an cnormous amount has turned into gasoline and other s which remain unsold the slackening of pro- been followed by re advances in the prices of vil and in various scetions which, when the volume of oil in storage and underground nsidered, has added millions to the assets of the oil com- pani s recovering few T i Nevertheless duct on has zas is ¢ 00,000 Active Ol Wells. with the demand, ofl nz all over the world. clines and antl- investigated at the along with domes, and monoclin mately $4,000.000 expended by th lifting, bonuses a January 1, 1 wdous” output @ has not paid had to come of crude oil into its pe products. It is inevitable, to A. C. McLaughlin, tt production at times will send down, hut these pertBds of de- he says, will come less fre- future. Of the 300,000 ofl the country, than a barrel of oil the control of flush nd to stabilize To keep pace reow bein of millions, structural terry Approx been cost ces al 100 industry v ren- ven with veloped, expenses. from the crude Profits troleum aceording flush ently day aplece, and 5 production prices in the nt of amply last risk In prospe tllustrated b Year in th “ting were first wells were gas or a per- of 49.8 per cent the oil. 438 Brands of Gasoline, 2 flush up last prody heavy two tion which surplus suppli years has led marketing of gasoline ns < a hard batt for service Pacific has in dent- the zoing ation In brands of the public, in a re the lary o in fn some ple, s ods territory ind the effect t in g rcers iarge spending psy refiner : thous hology™ o h brilliant yvellow compa supplying pai I who ask for it that the “personal will suggest t the thought of sol of the company on excells authority 0,000 g int disiributed gratis Samie hue o the theory the paint ho a free ty thos the = It is that has Prices Raixed Three Times. Iast, on refiner tank the other Jumped of gas three times Fuel oil heabicr and. hiles there hand, the car line in con- lubri- re in more 00,000 this c of a slackeni activity b imminent increas. n serv- small prospect- however, no danger of a dan- ush production. ntr chas ns < in SHIP BUliLiblNG SLUMPS. Great Britain and Ireland Face Serious Situation. ! Special Dispatcli to The Star. NEW YORK, November 13.—The age of new vessels commenced in Britain and Ireland during the arter ended September 30 shows from ,210 tons at the end I quarter to 252,745 tons. Onl ships were during the ' quarter as launched, meaning the the fous against creation 119 of a corresponding number of empty build- | ing berths. According to figures pub- hipping and reported the Bankers' Trust Company here, the total vessel ton- nage under constructioW in Great Britain and Ireland on September 30 was 1,468,490 comparing with 1, = 195 on September 30, 1923, but show- ing a ling off from 1,51 46 tons at the end of the June quarter. to FINDS COTTON INDUSTRY HAS TURNED CORNER Head of National Association Re- ports Enough Raw Material for All Needs. By the Associated Press. BOSTON, November 13.—The cotton industry apparently has definitely turned the corner, and is proceeding slowly, though steadily, toward bet- ter days, Robert Amory of Boston, president of the National Association of Cotton Manufacturers, said in his address before the annual meeting of that association here today. “The present cotton crop is the largest in four years, and we are assured of sufficient raw material for a4 much greater percentage of our capacity than through the last year,” President Amory said. TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) ~——Noon.—— Bid. Ofter. 100 100% 100932 100916 23,4 December 15, 1{s December 15, March 13, 1 Y 13 June 15, September December March 13, September March 15, December ' 15, 102 10288 FOREIGN EXCHAN (Qrotaticrs furnished by W. B. Nominal gold value. Hibbs & Co.) Selling checks today. London, pound . $4.62% Montreal, doilar . Paris, franc . Brussels, franc Berlin, mark ;imno. lira Budapest,' crown Prague, crown ‘Warsaw, zloty Copenhagen, crown . Chrintinnta, growne "] Stockholw,” clown @, overproduction, | il 50,000 produce | 5 with | started | THURSDAY, NO COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY NEW ORLEANS, November 13.— Drought and forest fires have done severe damage to cattle growers in Louisiana by destroying range. Many | breeders are offering cattle for what- | ever they will bring, as hay is $40 | ton and other feeds proportionately high. DENVER, November 13—The Colo- rado onion crop will approximate | 1,040,000 bushels, or 60 per cent above | | that of 1923, Harvesting is nearing completion. | DETROIT, November 13.—The De- | troit United Railways has just or dered 50 busses from the Yellow Catch | Gompany of Chicago to transfer pas- rengers from the downtown terminal here to five outlying stations to avoid congestion with the city street cars, the tracks of which now are used. ALLENTOWN, Pa., November 13.— | The Lechas Silk Company has raised | its production schedules and is work- | 15 an S-hour day five days a week. | SRSON CITY, Mo, November ontracts for construction of | Missouri highways requiring expendi- | ture of $6500,000 will be awarded { here November 24 and 25 WALTHAM, Mass., November 13.— xecutives of the Waltham Watch Company and their striking employes arc again seeking a new basis of set- | tiement, the Watchmakers® Protective | | Association having rejected offers of the company to reinstate 600 workers. | ? H.l EFF | | HOUSTON, November 13.—Approxi- | | mately 200 ‘carloads of turkeys are ‘l oving toward Eastern markets from i(hh section as a result of removal ‘uf the foot-and-mouth quarantine. COFFEE PRICES MaY i GO STILL HIGHER: Brazil Unrest Again Delaysi ! Shipments—Rain Likely i to Enlarge Crop. cial Dispatch to The Star BALTIMORIE, November {lutionary mov in DBrazil are| 1ffect the shipment of coffee to this country, and the price advanced | d may continue to rise, unless Bra- | zillans hasten to settle thelr political porters threaten | probably posed 1r to 13.—Revo- < to one of the largest im- here, serious disturbances the inner peace wf Brazil, more ous than is sup- m T press reports al through by the cen- New High Price Levels. the government over to San Paulo the entire of coffce and thus eliminate | coffec protection is at| of dissatisfaction in! cheaper coffee that comes m1 cents a pound in | 4 all varie- new high levels,” highest grade package now worth about | decision | reached “The Rain May Boost Supply. ! s ng to note that this| Spring in S th Tnd that very heavy rains se the next coffee crop as 000,000 baks, which would | e relief in February or| i therwise the market may #o considerably higher because ufl the continued shortage.” H interes sinning ¢ C = [ ROCKYVILLE. ; ROCKVILLE, Ma, (Special).—William Was s 1 Fry | indicted for | 3 grand jury now in| n here. The specific charge kainst the vouns man is that on| | September 29, in making application | | before the clerk of the Circuit Court here for a license to marry Miss lda Louise Beall, daughter of Mrs. Al- bert J. Fausiman of Washington, he | swore that the girl was 1S vears of | and that at the time he knew | was but 15. The ple were married here the same day,by Rev. | Nolan B. Harmon, jr., pastor of the| Methodist Church, but upon their re- | turn to Washington Mrs, Faustman took charge of her daughter. Frye s arrested at the instance of Mrs. ustman and has since been at lib- erty on bond. A" charge en of manslaughter has been formally preferred by the grand jury against Alphonso Manning, col- ored. at Bethesda, this county, as a result of am automobile aceldent which caused the death last July of William J. Lally, jr. 6-year-old son of Dr. William J. Lally of Washing- ton. An auto truck Manning was driving collided with an automobile in which the child was riding. Samuel J. Taylor, 61 years old, of Silver Spring, died suddenly a short | distance from his home Monday aft- ernoon. His body was found along- side the Brookeville pike soon after- ward. A bruise on the face was called to the attention of State's At- Atorney John A. Garrett, and he had Dr. C. E. Hawks of Rockville make | an examination. The doctor decided | that the bruise was probably caused by a fall when he collapsed from a heart attack or apoplexy. When stricken he was returning from a hunting expedition. Evangellstic services to two weeks began in Church here last evening. tor, Rev. Nolan B. Harmon, jr., is being assisted by Rev. Mellville Johnson of Mississippi, who will do most of the preaching. Services will be held every evening. Mrs. Bertie M. Knott of the viein- ity of Germantown, this county, has filed suit in the Circuit Court here for an absolute divorce from Thomas E. Knott. She charges “hard drinking,” cruelty and alleges he struck her. She asks the court to award her the custody of the couple’s two children— Ruth E. and Doris E., aged 10 and 6 vears. The plaintiff is represented by Attorney H. Maurice Talbott of Rockville. Licenses have been issued by the clerk of hte Circuit Court here for the | marriage of Raynard White and Miss Helen Whipp, both of Dickerson, Md., and Solomon Posman of Washington |ana Miss Beatrice Sokolone of Balti- | more. continue the Methodist The p DIVIDEND DECLARED. NEW YORK, November 13.—Direc- tors of the Southern Pacific Company today declared the regular quarterly dividend of $1.50 a share on the capi- tal stock payable January 2 to stock- holders of record November 28. A recent rise in the stock had aroused expectations in the financial district that the rate might be increased. NEW RAIL DIRECTOR. NEW YORK, November 13.—Myron C. Taylor, chairman of the New Bed- ford Spinning Co. and a director of the Athicson Topeka and Santa Fe and the First National Bank of New York, has been elected a director of |auickly advanced today to new high [ and | burned “hand. | practically destroyed. | November s, | with 227,142 for VEMBER 13, 1924, WHEAT HITS NEW HIGH FOR SEASON Big Cut in Canadian Crop Yield Causes Buying Wave in Chicago. By the Associated Pross. CHICAGO, November 13.—With buy- ing in progress on a big scale, wheat price records for the scason. A reduc- tion of 20,000,000 bushels in the offi- al estimate of the 1924 yield in Canada was chiefly responsible, tak- en with recent cuts in estimates on the exportable surplus of Argentina and Australia. Besides, unfavorable fresh advices relative to Southern Hemisphere crop conditions were cur- rent. The opening, which ranged from 1 to 25 cents higher, Decem- ber, 1.53% to 1.54, and May, 1.61 to 1.62, was followed by decided further gains. Corn and oats displa: ent strength. General in evidence, and a lac Reports that corn growers were or- ganizing to hold corn for $1.50 a bushel attracted considerable notice. After opening at % to 1 cents up, May, 1.15% to 1.19%, corn continued to advanee Oats started at % gain, May, 38% to 58%. ditional upturns ensued. Provisions rose with g lower quotations on hogs. ALEXANDRIA XANDRIA, Va., November 13| (Special).—Two firemen were hurt last night, neither seriously, while| the Alexandria Fire Department and | the tug Firefighter of Washington | battled a stubborn blaze aboard the | Baladan, one of the wooden vessels | being ged at the docks of the| Western Marine Salvage Co. | John Milton 7Trigger, Company No.| 1, was knocked off a flat car from| which he was helping send a stream | aboard the burning boat. His in- jurfes consisted of a sprained arm| He was taken to the| Hospital. Charles Lyons, | No. 1, suftercd a badly | Both are volunteer ed independ- buying was of ‘offerings. to 1% cents Moderate ad- u, desplte ALE bruises. xandria Company firemen. This is the second blaze at the shipyard within the week, the super- structures of two of the salvaged ves- sels having been burned in an early- morning blaze last Saturday. Dam- age was at more than $400, the old valued at $500, being The first alarm was sounded last night at 6:15 o'clock and the fire continued until after § o’clock this morning. Edna Virgin a May McDonald, rson and Lula r-old girls, who s here on Sun- 3 night from Pet- ersburg, where they were apprehended by police. The condition of the mother of the McDonald girl, Mrs. M MeDonald, who umderwent a_ serious operation at the Alexandria Hospital vesterday, is reported as improved to- day. Bishop J ton. will Vashir o'clock th ton! were returned E. Freeman of Washing- address the Alexandria- ton Lodge of Masons at 7:30 tonight, the occasion being anniversary of George Washing- tnitiation into Masonry. He was Initiated at Fredericksburg and later became the first master of Alexandria-Washington lodge. Police were asked to apprehend B. I'arker, prisoner, who, having grown tired of working on the State road forc aped on a_motor cyele. ¥ vesterday destroved the coal chute at Wayburn, coaling station of the Southern Railway, 85 miles south f here, and tied up traffic for several hours. Several thousand tons of soft coal were destroyed, CRUDE OIL OUTPUT AGAIN SHOWS DROP Decrease of 15,000 Barrels Noted in ‘Week—Imports Also Decline. By the Associnted Press. | YORK. November 13.—The| erage gross crude oil produc- | in the United States decreased | 300 barrels for the week ended | totaling 1,925,800 bar- | rels, according to the weekly sum- mary of the American Petroleum In- stitute. Daily average imports of petroleum at principal ports for the month October were 186,677 barrels, com- pared with 193, v the month of ptember, and for the week ended| November 8 288,000 barrels, compared | the week before. | Daily average receipts of California | oil at Atlantic and Gulf Coast ports | for the month of October were 112,000 | barrels, compared with 119,433 for the | month of September, and for the week ended November 8 91,420, compared with 96,714 for the previous week. Gulf Coast crude oil grade “A” was increased 25 cents a barrel, and is now quoted at $1.50 a barrel. Grade “B” was increased 20 cents a barrel, now being quoted at $1.25. . CLOTH MARKET ACTIVE. NEW YORK, November 13 (Spe- cial).—The cotton goods markets showed a strong burst of activity tod with prices tending upward. Print’ cloths were quoted at 9% for 64 by 60 and 10% for 68 by 72, the latter a % increase. Raw silks were firm, on a fair volume of business, with prices tending slightly upward. o A man may mow have a checkered | career and be nothing more than a cross-word fiend, eays the Chicago Post. For the Maximum Income Buy LIFE ANNUITIES Aetna Life Insurance Co. _____801-6 Woodward Bldg. MONEY TO LOAN On Improved Property in D. C. and Md. ANY AMOUNT—THREE, FIVE and TEN YEAR TEhMS Lowest Rates BUILDING PROJECTS FINANCED FRED T. NESBIT Invectment Blds. Main 9398 Money to Loan Becured by first deed of trust on real estats. Prevailing interest and_commiseion. Joseph 1. Weller §§ Vg% & & T33! | “When Buying” Our 7% First Mortgage Notes —your investment is secured on carefully “elected Improved properties and piaced on & sound, conservative valuation. ° Notes now available in amounts of $100 up. Apply Loan Dept., Mr. O'Donnell, Mgr. Chas. -2'. §uxer 38 Main 37, the New York Central Raflroad to succeed the late James B. Forgan, 924 14th St. NW. 3s FINANCIAL. FEDERAL-AMERICAN NATIONAL BANK RESOURCES $13000,000 315 F ST Jomn PooLe Presmem Second Trust Notes Bought Our clients are ready to pay cash for SECOND TRUSTS in any amount. The rates will please you if the security is sat- isfactory. MORTGAGE DEPARTMENT HANNON_& LUCH 713 and 715 14th Street N.W. TO FEDERAL EMPLOYEES AND ALL OTHER PEOPLE WE oo new invesTons i THE SAVINGS DEPARTMENT oF “YOUR BANK” N To get your investment we will Finst foan you ONE HUNDRED DOL.- stronisly e oA LARS WITHOUT INTEREST OR L e eued CARSIIITHOUT proved city property, backed by our record of The only condition is that you losvitc 0y ovcitor will leave it on deposit in a sav- $ e ings account for one year and years, will pay you 7 pay us back ten dollars a month. terest Your ons-hundred-dollar invest- Plan ment will bear interest at 4% per January annum, compounde! semi.an- eral yield nually. Ma your At the end of one year your $100 of Smith Bonds investment will be worth $104.04. suring 7% interest, Under the usual 4% savings plan, range for payment if you save $10 a month for ten Gy eihes months, your $100 at the end of bR o one year would be worth $102:52. ! S ings Plan Come in and talk with us about Call, write or phone Main SHisindwginyestmentiplas: 6464 for circulars describ Banking Hours—8:30 a.m. to 3 ing current offeri p.m., except 1st, 2nd, 16th, 16th, ing 7%. 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 Mo age Boras) [ § investme Mortgage Bonds in ou to now fun invest you this it vation Jan- Sav- NO LOSS TO ANY INVESTOR IN 51 YEARS The F. H. Smith Co. Founded 1873 PIRST MORTGAGE BONDS SMITH BUILDING 15 FIFTEENTH ST FIRST MORTGAGE NOTES FCR SALE IN BENOMINATIONS OF 500 DOLLARS AND UPWARDS %mt/a// % ey@m 9’; %. 1887 Conneclicat Hvenus | WHAT DO YOU REALLY KNOW —about the security back of your invested funds? You made investigation, what is the can know, by security back of every Ozer a FIRST MORTGAGE Quarter of a Century Without —yvou buy from us. “Safety First” is a good motto. Safety based on knowl- a Loss < edge is the best kind of safety. B. Main 2100 F. SAUL CO. -- -- speaking of BANKS & BANKERS the Bank is the place to keep the money you may need for current uses; the Banker is the man whose advice you should ask when you want to withdraw a portion of it for investment. @ He is not interested in any type of security—he will give you an un- biased opinion. for that reason, we want you to ask him about our FIRST MORTGAGES, the next time you have occasion to confer with him. SWARTZELL RHEEM 6 HENSEY (0, a ~6&J}‘¢ez NW shington,D.C. 55 Years Without Loss to An Investor