Evening Star Newspaper, December 25, 1924, Page 27

FINANCIAL. CLOTHING DEALERS CALL TRADESLOW Christmas Sales Under Last Year—Big Special Drive to Start at Once. BY J. C. ROYLE. Bpecial Dispatch to The Star. SW YORK. December retail merchants of America they started today broadeasting mes- sages of good will, did not forget themselves. And they are already taking steps to make those good wishes toward themselves and their business come true. The holiday sea- son, fine as the results turned out to ro, showed them clearly that even etter sules might have resulted from better selling. They have determined to improve that part of. their cam- peigns for 1925, und the National Re- taii Dry Goods Association will de- vote its annual convention here Feb- ruary 9 to 13 to the outlining of de- velopment of better selling ideas and methods Ixecutives ef the largest stores in Americe will ~>asult on sales promo- tion, ste anagement, personnel, traflic and delivery to get more ef- efent servise room thelr employes ané pass it on to the public. A satisfied customer is the goul in view, and the esk Las given them plenty of satisled customers to work on. Planx Big Clearing Salex. Distributors already have outlined plans for a terrific drive to clear un- sold stocks of clothing from thelir shelves, which will begin tomorrow in many towns and cities throughout the country. The clothing business has hud a rather unfavorable year This has dus to weather condi- tions rather than to buyers' resist- ance, although industrial depression in the Summer season undoubtedly had a contributory effect. As the year draws to a cloge sellers of men's and we clothing find their profit and loss accounts standing about where they stood a vear axo. The year's business has approxi- mated sales of $2,100.000,000, but only a minor part of thia huge sum will represent profits to merchants or manufacturers, in New England, iner- chants eay thelr business hae been 15 0 25 per cent below that of 1923. New Pennsylvania and Marylané ad drops, but not mo severe ar those in New England. and the same appliss to some of the South Atlantic States Report Return * “Way OM." Michigan, Illinois and lowa v their returns were " ’'®ay c Business was better than fa in the South, while Kansas, Missouri, Oklahoma and Texas merchants had a volume of sales 10 to 20 per cent in excess of 1923, Colorado, Minnesota and North and South Dakota, Utah, Idaho, Wyoming and Nevada all re- ported improvement, as did Oregon and Washington, and California was not far behind. The volume of Christmas trade did much to help merchandising In gen- eral, but clothiers o ain that buy- ers turned to luxuries rather than to wearing apparel in late weeks, Buyers Resent Clothing Prices. Clothing prices have remained rela- tively low, owing to stiff buyers' re- sistance, in spite of reases in some TAwW materials. k x verage price of a man's ready-male’ sult for the entire country ed at §46.29. In the Bast the average rose as high as $62.50, while the figures for the South were $46.55. for the North $46.50 and for the West $41. Average prices of men's hats were $5.50 for the South, $3.92 for the West, $3.42 for the North and $3.25 for the East. with a_grand average for the Nation of $4.27. The price the average man pays for a shire is $2.80, snd for & pair of shoes $7.81. Higher Prices Predicted. With an improved outiook in most industries, the clothing trade looks for decided betterment during 1925 With this improvement, higher prices are predicted, but the response to cut prices and heavy advertising wiil insure that the clearing of old stocks of Winter wear in the next few weeks will not exhibit the latter tendency. ‘Wool prices still are on the increase, and manutacturers point out that worsteds have been cut 7 to 10 per cent under 1923 price levels and that further reductions are highly prob- able. The number of neckties and shirts given as Christmas was tremendous but this is not expected to aff post-hollday sales. In buying for others, men saw goods they wanted for themselves, and there is every probability that they will buy them in the next few weeks. _— PEOPLE USE LEGISLATIVE PRIVILEGES SPARINGLY Only Four Initiative or Refer- endum Measures Passed by Wash- ington State Voters. By the Associated Press. TACOMA, Wash., December 25— Only four initiative or referendum measures have been passed by the voters of Washington in the dozen years since the enabling law was adopted. The initiative measures enacted into law by popular vote since 1913 w. a prohibition bill knocking out loons in the State, but establishing a permit svstem by which a certain amount of liquor could be shipped fn; the present “bone dry” bill that superseded the first law, and the bill abolishing the State poll tax. The Pa, YoUu'rRe AN oLD beArR ! COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY DETROIT, December 25 (Special). —Michigan farmers have seeded 968.- 000 acres of wheat this Winter, & gain of 46,000 acres, or 5 per cent, over the planting of 1923. Condition is 83 per cent, as compared with 91 a year ugo. ST. LOUIS, December 25.-—Six of the leading wholesale florists here have consolidated under the name of the Wholesale Florists Realty Co. and will erect a $300,000 wholesale flower market building. MALD! Mass, December The Conversa Rubber Co. is operating ts plant here at 90 per cent of ca- »acity and executives forecast high- ar prices for rubber footwear owing to the high cost of raw materials. No wage reductions are likely. 25.— BROCKTON The State tecided tha December Arbitration has b of shoe cut- ters shall Le reduced 10 per cent. This follows similar reductions for odge makers and sole fasteners. The decision affects 1,600 men in 29 fac- tories here. NEW ORLEANS, December 25— The recent drop In the price of raw sugar here has taken at least $1,000,- | 000 off the value of the 1924 Loulsl- ana crop. CHICAGO, December 25.—~The last days of Christmas shopping broke all records here and aided in bringing clothing sales up to the average of 1923, All lines of merchandising were bought freely by Christmas shoppers. STOCKS OF GASOLINE DROP DURING MONTH Crude Oil Production Gains ‘Week—Daily Imports Also Grow. in By the Assoctated Press. NEW YORK, December 25—Gaso- line stocks decreased to the extent of 612,292 barrels during November, ac- cording to reports received by the American Petroleum Institute, cover- ing approximately 62 per cent of the operating_ capacity of the United States. Pipe Line' and tank farm crude ofl stocks east of the Rocky Mountains decreased 4,156,000 barrels in_November. The daily average gross crude oil production of the United States in- creased 9,100 barrels for the week ending December 20, totaling 1,986,- 400, according to the weekly sum- mary of the American Petroleum In- stitute. The daily average produc- tion east of California was 1,375,000 barrels, an increase of 1,600. Cali- fornia production was 610,500 barrels, an_increase of 7,500. Daily average imports ot Petroleum at principal ports for the week end- only rveferendum passed was. one granting a bonus to veterans of the World War. Ten initiative measures and 17 refer- endum bills were voted down during the period. The record shows that only one out of eight measures met public approval. MANY LARGE BONUSES Spectal Dispatch to The Star. BALTIMORE, December 25.—The Christmas spirit exerted considerable influence over the financial district. Banks, trust companies and invest- ment houses, as usual at this . and gratuities to employes. No actual figures are avallable of many cases, but bonuses so far an- nounced have been of generous size, from & to 20 per cent of the annual salaries of employes. Financial institutions are winding up the best two months' Christmas since the time of the infl boom of 1919 and 1920. Com mission houses have reaped a harvest of fees since the November election, the long series of 2,000,000-share days following closeely on an increase in the scale of commission rates. .— Burbank Perfects New Cora. BANTA ROSA, Calif, December 25. ~—Luther Burbank, noted plant cul- turist, who lives here, announced ye. terday he had perfected & new varlety. of sweet corn which he belleves will prove more productive and sweeter than any sweet corn yet produced. He also announced.the perfection of a new variety of gladiolus-and*two vasieties of sianlas. ing December 20 were 152,857 barrels, compared with 257,000 for the pre- vious week. Dally avreage receipts ot California ofl at Atlantic and Guif Coast ports for the week ending De- cember .20 were 85,429 barrels, com- pared with 58,429 for the previous week. WORK IS ASSURED. Procter & Gamble to Keep Em- ployes on Year Round. Special Dispatch to The Star. NEW YORK, December 25.—Proo- ter & Gamble, soap manufacturers, yesterday announced as a Christmas gift guaranteed year-round employ- ment to its employes. According to this announcement, made by Presi- dent Willlam Cooper Procter, the policy will be continued annually. The guarantee plan was started & year and a half ago, when plant em- ployes, numbering about 5,600 in dif- ferent points throughout the country, were guaranteed a 48-week work year. This policy, it is sald, has proven beneficial to both workers and company. -— TRADE IS INCREASED. New York Christmas Business Sets New Record. NEW YORK, December 25.—The business of department stores in the metropolitan district increased 3% per cent over a year ago, according to reports from 17 leading department ores in New York and Newark, the Federal Reserve here an- nounced yesterday. The increase, however, plained, was due largely §o g ported by three stores, some of which increased their facilities during the year. The others reported little change in the volume of trade. HEAVY ORE AIRIVALS. BALTIMORE, December 25 (Spe- clal).—Sixty-five thousand tons of iron and manganese ore from many parts of the world is in the port of Baltimore today. The ore is In five ships, and is the largest amount of ore to be recelved at this port at one time. Because of the high duty as- jssed on manganese ore the revenues r the port are expected to be greatly increased. NEW RADIO OFFERING. NEW YORK, December 25 (Spe- cial).—R. C. Megargel & Co. an- nounce the offering of voting trust certificates . for 70,000 shares of Amerex Radio Corporation common stock of no par value at §6 a share. The company is engaged in t! utacture of a five-tube radio receiving set known as the Amerex Ace. agent he KRESGE'S NET PROFITS. NEW YORK, December 35.—] profits of 8. S. Kresge Co. after charges and taxes, are conservatively estimated at $40 a share on the com- mon after preferred dividends, in comparison with $88.14 a share in 19323, in 1924 are expected to ,000,000, abdout $3,000,000 more than the year before, 3 THE EVENING STAR, WASHINGTON, D. 0. THURSDAY, DECEMBER 25, 1924, KEEPING UP WITH THE JONESES—Right From the Heart. MERRY CHRA\STMAS YOU LITTLE WEASE LY ORDERS FOR COAL AT LOWEST EBB, Buyers Delaying Expendi- ‘tures Until New Year. Weather Cheering. Special Dispateh to The Star. NEW YORK, December Age reports the market today lows: With the end of the vgar in sight the usual pre-inventory “attitude of hesitancy pervades the coal market— no one, apparently, desires to place any ordérs that can possibly be de- ferred until next month. This dispo- sition to hold off has created a condi- tion of oversupply, with all the at- tendant evils of no bills, distress coal and a softening tendency in prices. The weather, of course, {s an impor- tant factor, and this at last seems a falr way to come, at least tempo- rarily, to the rescue of the harassed coal man after an almost unprece- dented stretch of mild temperature. Higher Wages Cause Sti One of the most interesting devel- opments of the season in the bitu- minous coal industry was the an- nouncement last week of a 25 per cent increase In wages by independ- ant operators in the Connellsville re- gion of Penneylvania, bringing the scale to the peak level of 1920. Spe- clal significance attaches to the ac- tion of these producers in view of the effect it will have on the miners in adjacent regions, who will bo less likely now than ever to ask for an abrogation of the Jacksonvliile agree- ment and & lower wage, such as will enable the mines to resume active operation. Hard Coal Lacks Strength. Trade in anthracite on the whole lacks strength, demand being such that supplies are more than sufficient to take care of requirements. Lower temperatures and curtailment of out- put by labor difficulties have been steadying influences in independent prices, but even they could not pre- vent a slight sag In quotations from last week. Chestnut has forged ahead of stove in popular demand, the keenness of the call for the latter being less noticeable, due in part to the breaking down of egg by some producers. Pea continues sluggish and steam sizes move slowly. With the double purpose of taking care of the demand for chestnut and moving pea coal, one of the large companies has Introduced what it calls “special chestnut,” a mixture of two-thirds chestnut and one-third pea, quoted at $8.30 per gross ton, f. o. b. mine. Soft Coal Up Ome Point. Coal Age index of spot prices of bituminous co: advanced one point during the last week, standing on December 22 at 170, the correspond- ing price for which {s $2.06, com- pared with $1.69 and $2.04, respective- 1y, on December 15. A marked reaction In activity was in evidence at Hampton Roads dur- Ing the week ended December 18, when dumpings of coal for all ac- counts totaled 400,188 net tons, com- pared with 479,099 tons in the pre- ceding week. Production of bituminous coal reg- istered a further advance during the week ended December 13, when, ac- cording to the Geological Survey, the output was 10,723,000 net tons. This was an increase of 111,000 tons over the previous week's total. BEET SUGAR OUTPUT IS LARGER THIS YEAR Sugar production of approximately 1,192,000 short tons from bests and cane grown In the United States this year is indicated in reports received by the United States Department of Agriculture from beet and cane sugar factorles. Production from the 1923 crops was 1,043,000 short tons and from the 1922 crops was 970,100 include the produc- sugar in all beet sugar factories in the United States and the production of c&ne sugar from sugar cane grown In Louisiana, but do not include small quantities of cane sugar which may have been made in Florida, Texas and other Southern States. —_— ‘What Experts Bay. Trained investors always buy se- curities that have a substantial loan you can rest assured its marketability does not amount to much. — $8,000,000 TROLLEY DEAL REPORTED IN ILLINOIS Press. CHICAGO, December 28.—S8ale of the Chicago and Jollet Electric Rall- way Company, the Chicago and Joliet Transportation Company, the Dellwood Park and Joliet line and the Quinoy, Ill, Electric and Heat- ing Company to the Central Illinole Public Service Company has been ap- proved by the Illinois Commerce Commission, it was disclosed yest: day. The total price is placed at b tween $7,000,00 d $8.000,000. The companies sold ¢ owned or controlled by the American Power and Light Company of Philadelphia 1924 PIG CRGP UNDER 1923 BY 19 PER CENT The 1924 pig crop in the corn belt will between 11,000,000 and 12,000,- 000 head, or 19 per cent, under the 1923 total, according to a preliminary report made public y rday by the Department of Agriculture. Incom- plete figures for Southern States indi- cate a similar percentage of decrea Sows last fall w fewer by 30 per cent than in 1923, while pigs saved per litter totaled 24 per cent less. The number of sows expected to farrow next Spring is estimated at 10 r ocent less than the 192¢ Spring A smaller reduction is fore- cast for Southern States. HEY. UNK! T KID'S TRYING - To 3aY MERRY CHRISTMAS ! 'The Ark of the Covenant A Story of Mystery and Adventure BY VICTOR MacCLURE. Copyright. 1924, by Hatper & Brothers. (Continued from Yesterday's Star.) We made Gardiner Bay before 6 sk and turned all hands to un- loading the new engines, We shunt- ed them through the. sheds on the overhead electro-magnets and depos- ited them, each to its own bed, on the new planes ready for ftting. Milliken was not content until he had the propeller and the engine cap fixed on one of the busses just to get an idea of the general effect. “Pretly,” he said grudgingly, “quite pretty. 1 am glad we gave them green bands, though.: Wouldn't like the old girl to them muking frec with her own particular blue! “Say, Milliken,” T protested, “don’t get absolutely stuck on the old girl, as vou call her. We're going to de- sign cven a better bus yet. He looked at me pityingly. “Some people,” he remarked in a general sort of way, “are ltke Julius Cacsar. They keep on beln' ambl- tious till it busts them!" “That,” 1 reminded him cruelly, “was pretty much what you said when I first suggested the Merlin to vou” “Aw, well,” sald he, with a hal ashamed grin, “the Merlin's a peac] Then he broke off thankfully. “Here's your dad on the Seven.” Wo went down to the jetty as the Seven was brought to, and to my surprise the first person to step ashore was not my father, but Lord Almeric Pluscarden. “Hullo, Lord Almeric!” 1 said “Thought you were in Washington?" “I have been in Washington,” he smiled, “but I have had to come back In & hurry. Your father kindly sent the seaplane for me.” “Hullo, Jimmy!" my father broke tn. “Been to Loulsville?” 1 nodded. “I thought you'd go. Come along home to dinner, Lord Almeric and I have something to discuss with you." The three of us got into the road- ster and soon were sitting down to dinner at Hazeldene. There was & touch of gravity {n both my father and Lord Almeric, though they spoke without restraint, discusing the Lou- tsville affair very keenly. “The radium settles it sald my father. “We¥e up against no ordi- nary crooks.” s a big thing,” I agreed. “There's some idea underlying the whole series,” sald Lord Almeric. “It is hopeless for your press to attribute it all to a revival of the I. W. W. idea. Men who give gifts of radium to hospitals and research institutes are hardly of that kidney.” “No,” sald my father. vhat would you say was the no- tion back of it all?” I asked them. “Heaven alone knows!" the old man burst out. “It could not have come at & more awkward time. have enough on our hands already—eh, Lord Almeric?” “Truly.” Lord Almeric nodded gravely. “I had better take my son into our confidence, my lord,” the old man said formally. “I agree. It would be better.” The old man turned to me and gave me a keen look. “Jimmy,” he said quletly, “Lord Almeric will agree with me that the world is ready to seethe over. Un- less we can pull back in time, we will be in a world war again. Let me show you. Our situation here. Japan, overpopulated in the most ap- palling fashion, is knocking at our door insistently, wanting some of our room. The British dominions are closed to the yellow immigrant, and Japan is prevented by the world from getting all she wants in Siberia and China. The pot is ready to bofl over. “Take the European situation. There is Germany snarling over new Russia like & dog with & bone, and— your pardon, Lord Almerio— “Not all, Boon,” sald Lord Al- meric. “And Britain—ah—Jimmy, if I may take the privilege — Britain ready to fly at Germany's throat be- cause the bone is a particularly julcy one. “Poland, t0o,” my father went on, “betrayed for the second time in his- tory by the European powers—and by Amerl who ought to have known better. France, again, hardly mended yet from the devastation of ’14-18, naturally sick at seeing a country in her debt forging ahead of her, ready to take up the sword against her old enemy. Then there's that hotbed of swaggering, clashing nationalities, the Balkans, each new state more bumpilous and aggressive than the other. I tell you, Jimmy, it any lesson came out of that war, where you fought, and which ocost 80 much in treasure and blood simply chucked away, the world has forgot- ten it.” “Why on earth can‘t they all down with what they've got and a bit of work?” I asked. “What's at the root of it all?” “What 1s the root of all evil, Jimmy?” sald Lord Almeric. “That's it,” sald my father. “Mon- ey. Each nation thinks the other is aking more than itself, and that without working for it. The gre: ery is ‘unfalr competition!" nation has the wit to think ahead, to take the right line of development to meet a coming want in commerce, its neighbor yells, ‘Unfair competi~ tion “I know little of things interna- tional,” sald I to Lord Almerio, “ex- cept concerning my own line. I hope there's no chance of a row between your country and ours, sir?” “No, thank God. Th that com- fortable streak in us both that makes us admire a successful rival in trade rather than immediately want to cut his throat. The shopkeeping instinct, if you like—but of value to our sense of proportion. But we may find our- selves on opposite sides, willy-nilly, if some of the hotheads come to blows. If America had to take a firm hand with Japan, what could Britain do? If she sided with Japan, she would alfel her overseas domin- fons, who will not have the Jap on any consideration. If we in Britain support America, we should endanger large financial interests we have In the East. We should lay our East- ern possessions at the mercy of the for new China It is an exceédingly ottle n yellow. peopls, be aragged in. complex situation, Jimmy, and not one that can be thrashed out after dinner.” “Let me accept it as threshed out,” sald 1. “Where do you, Lord Almeric, and dad come into it?" “On the money side,” said the old man. “There’s lots of them that would like to fight, but they can’t do it without money. And there arc numbers of people asking for loans at the moment, ostensibly for d velopment work. We have to go very carcfully. Lord Almeric's mission in America has been for the formation of an understanding between Britain and our people as to how far we may £o in this or that direction. In our discussions —between an Americn group of financial firms and banks and an English group, as represented by Lord Almeric—we have come upon a new situation that may well upset the whole arrangement. It may lead us into a big war, nominally through one with Japan.” “Good Lord!" “Now, Lord Almeric has to go to London in quick time to put the case before his People. There can be no question of cabling it. We did not want you to work in the dark—" “I don't mind working in the dark, dad. You want me to get Lord Al- meric to England?” “You've got it, Jimmy. 1 have pledged Lord Almeric my word that you will get him to London by some means or other by Saturday.” “{ wondered If yop could put me aboard some ship reaching South- ampton on Friday morning.” said Lord Almeric. am ashamed to throw myself into your hands so helplessly—but your father jnsisted.” “Dad was quite right, Lord Al- meric,” said I. “You'd be leaning on a broken reed to try the Transat- lantic Aviation. Their weekly plane doean't -leave until Friday midnight, and it would be the early hours of Sunday morning before you reached Lohdon; Cluptey. beute!—for all its four -engines!” I thought perhaps you could over- take the Thessallic or the Purthalia,” ald his lordsbip. “Let me see.” shipping ist. . “The The I searched for a night and i ton next Friday morning. The Pur- thalla left last night, Sunday, and reaches Southampton next Sunday morning, so she washes out. “Suppose we started tomorTow. The Thessalic will be over three days out, more when we reach her. Lord! She'll be well over 3,000 kilo- meters out when we overtake he: 1 might as well fly you all the way, air” “But surely that would be ry—I could not think on't you see, sir? The whole distance is under 6,000 kilometers. I should have to fly about 7,000 on the double journey to the ship and back. I had better fly you the whole way. It will give me time to put the Mer- lin in first-class order, aryhow. I'll have to ship new tanks for extra oil and gasoline.” “Will the Merlin do it?" the old man asked. ou bet you, dad. In 13 hours. We leave heres on Thursday evening be- fore dinner, and we reach Battersea airdrome at 1 o'clock on Friday, al- lowing for the difference in time. How will that do, Lord Almeric?” “Splendid! I cannot find words to thank you, Jimmy—or you, Boon-—you overwhelm me with kindnefs—' e won't say anything about sald my father gruffly. “Will we, son?" rely not.” sald I. “T'll be glad to give the Merlin such & good test. All you have to do, Lord Almeric, is to regard yourself as so much make- weight cargo.” “Heaven unnec- s “I'd jettison the Merlin first!” I blundered, reddening at my apparent rudeness to a man so courteous. “Heaven forbid that, too Lord Almeric. “The sea police might arrest us in midair for having no visible means of support!” He put an arm on my shoulder and we went to the billiard room, where his lordship consclentiously collected & nice selection of the Boon dollars by thoroughly beating my dad and me at pool and snooker. I went to bed early, for I intended to get some work done before breakfast, and left my elders trying trick shots. I was just dropping off to sleep when my father came into my room. “Hullo, dad!” I sald. “What's the matter?” “Nothing much—just wanted to say &00d night, son.’ “Good night, dad—" “You know, Jimmy,” he said slowly, “I'm tickled to death with my own o | son—-" “That's funny, dad,” I sat up to say. “I was just thinking I was sort of proud of my own father.” “Oh!” sald he. “Well—good night, Jimm; “Good night, dad.” 1L The next two days were spent in fixing t! Milliken and I were in the air & good deal, trying all sorts of fdol tricks to prove the design no go0d, but we could find no fault in it. We had a winner, all right, In the meantime, the old Merlin was belng tuned up—not that she needed much tuning—and the work of putting in the extra tanks for the Atlantio flight went ahead. Lord Almeric's 1 from the side walls of the cabin, so that our passenger could p if he wanted to, and so that Milliken and I could lle down in our off spells ‘Then we had a little vacuum box for hot food, and everything necessary for feeding in comfort. At 7 o'clock on the Thursday eve- ning we sald good-bye to my father and Dan Lamont, who had BT ‘Rah- rah!” from the staff of the workshops we shft off across the day, the Mer- lin quietly picking up into her cruls- m; speed of" 45 kilometers an hour. ! ‘weather .reporé had - given. AFarning of low storms off the coast | | By POP MOMAND HELLO DERE MusTo M*GINIS - MERRY CHWIS' ™MAS ! 0P WOWAKD. WISHES ~You ALL A& very tteRRy CHRASTHAS — and we climbed high to ride over them, so there was not much to sce below us. At 3,000-0dd meters up we came into a side wind from the north, fairly strong, which must have given us a lot of drift. But the Mer- lin was flying easy, and there was no pitching to speak of. Milliken relieved me at 8 and I jolned Lord Almeric in some food, for we had not dined before leaving. He wgs a charming companion, who talked Interestingly, and had the knack of making one talk as well It seémed that there were few cor- ners of the earth he had not Visited, and his outlook on life was corre- spondingly wide. There was nothing insular about him. With his open collar and its old-fashioned broad silk cravat, of the shape the English call “Ascot,” he looked what he was, a very distingulshed Englishman of the best type, but the curious thing was that he appeared as much at home in the cabin of the Merlin as he would have bcen in his own liy brary. When I spelled Milliken so that he could have something to eat, Lord Almeric continued his talk with him, charming my mechanic into an un- wonted loguacity. It was gently done, and it had its reward, for Mil- liken when he did .talk talked very much to the purpose. Over my shoul- der I heard more of Milliken's life lald bare to Lord Almeric in half an hour than I had got from the me- chanic in the vears we had been working together. Now, if you'll excuse me, sir,” I heard Milliken say, by and by, “I'll just chuck some of this stuff over- board and wash up.” “Let me bear a hand,” sald Lord Almeric. - “You wash and I'll wipe!” “If {t comes to that, sir,” sald Mil- liken, “you wash ana I'll wipe. I know better than you do where to stow.” “Good. This the grease remover?” Lord Almeric had taken off his jacket. “That's the stuff, sir. And here's a dishcloth.” A rush of cold air at this moment made me turn round. Milllken had prized up the hatch with a fork through the ring and was scraping the refuse through the opening. “All the world is my garbage can, which with this fork I will open,” Lord Almeric lapghed. “Ah,” said Milliken. Pistol, isn't it?" “Slightly amended They fell to discussing Shakespeares and by the time they had finished thelr chores and were lying down on the bunks on opposite sides of the gangway they were pooh-poohing the Bacon-Shakespeare theory. They then fell to talking of dry-points and etchings. I coyld not help thinking the subjects curious common ground for a great banker and a fine me- chanic to meet on. (Continued in Tomorrow's Star.) “That's old MONEY TO LOAN 5 1/2 % Any Amount Apartment Houses BUILDING PROJECTS FINANOED Business Property FRED T NESETT 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 'DHANNON_& LUCH 713 and 715 14th Street N.W. Main [EE—— e (] i Organized in 1814 Your Xmas Checks & Cash —gifts will help finance future Yule- tides, or other good undertakings,if banked instead of being dissipated in idle exiendimru. gOUR SAVINGS DEPT. is prepared to help you make such funds grow, by paying thereon— 3% Compound Interest - National Metropolitan 110 Bank 110 Years Years Old ol Copg S S it 15th St. opp. U, S. Treasury N FINANCIAL. Money to Loan by first deed of trust on real bstate. Prevailing interest snd commission. Joseph I. Weller £2,%%5 & & I éuumififlms’limnnn’l’llimlimmmilllmmumlw Continental Trust Company g One Milfion Dollars 2 14th & H Streets Emmumummmwmmmmnu i { MONEY TO LOAN 5 1/2 o . Any Amount Apartment Houses L. E. Breuninger & Sons Business Property Colorade_Bldg. Main 6140 FLORIDA Land of Sunshine and Prosperity We have s large acreags and subdivision propesition. "Reduires. some. capiial This be exoeptional gpportunity to make money 204 % Food sate 1 0. B. ZANTZINGER K at 10th Loan Dept. C. L. O’Donnell, Mgr: { Chas. D. Sager | Realtor £ 924 14th St. N.W. 36 M. 37 38 Rational Capital. daps to come. PBear. Mam FEDERAL-AMERICAN NATIONAL BANK RESOURCES $13,000.000 315 F ST Jomn PooLt Parene LIFE ANNUITIE 8. 3 07.80 ¥ 110.76 8 X Older and Younger Ages in Propo: N. E. ELLSWORTH, Mgr. AETNA LIFE INSURANCE CO. R01-%04 Woodward Rlds. A Limited Amount of % First Mortgage Notes for Sale Secured On High-Class Chevy Chase Ol Fashio Christmas Wigh-- While Progressiveness has characterized sur firm since 1t organmization, we Habe altwaps been old fashioned in our debotion to the 1deals and traditions of our belobed Property Not Exceeding 509, Valuation Denominations of $250, $500, $1,000 Loan Dept. of McKEEVE-d GOS Realtors 1415 K St. N.W. M. 4752 FIRST MORTGAGE NOTES FOR SALE IN BENOMINATIONS OF - 500 DOLLARS AND UPWARDS Randall T Hagner ¥ G 1821 Connectiont Hoenas ned We, therefore, extend our best twmshes to all of our patrons and to the atizenty in general “dn @Iy Fashioned Christmas” garlanded twith green memories of other daps and celebrated with netw visions of greater fMap all of us rejoice todap in the atmos- phere of lobe and good twill, and thus become better equipped for the conquests of the Hew SMortgage Inbestment Department HANNON - & LUCH 713 and 715 14th Street N.39. 2345 Pl ing. er of a Century Without a Loss Main 2100 - CONSERVING YOUR ESTATE Most men devote a great deal of Time and Energy to the Creation of an Estate. Once ' the estate is establish- ed, however, the problem is not so much in creating as conserv- OUR FIRST MORTGAGES —offer a profitable investment that will safeguard your estate and-pay liberal interest. ' B. F. SAUL CO. 925 15th St. N.W.