Evening Star Newspaper, January 10, 1925, Page 18

PRIGES HOLD FIRM AT CENTER MARKET Weather Keeps Many Early Buyers Away—Figures Like Yesterday’s. Inclement weather this morning did rot have & good effect upon business, many early morning buvers being picuously absent from market. storm had no appreciable effect upon prices, howev practically every commodity remaining at figures quoted yesterday There was the usual poultry and roasts the Sunday dinner. poultry prices being some- what easler than they were earlier in the week, Dealers are hoping for good weath- | the coming week Good eather, | v state. should bring Improvement 1 trading and cause a reduc the prevailing high prices of commiodities, especlally ezgs Today's Wholesale Prie Butter—Fancy, tub, 47ad 60452; store packed, 2 Eggs—F sh, selected, candled, 60; | average receipts, storage, 43/ a50. | Cheene—Longhorn, mild cream, | old arp. 35 per pound Poultry—Alive, roosters, d; turkey 35; ducks, & chickens, ats, voung. fresh-kille ters, 30. roosters, turkeys, 4 25; geese, 15a25 demand for prints, Dressed wls, 34a. each; duc 40a45. stock—Cal 10a11; thin, : live hog: —Beef, 12al3 a35; hogs, 14a16; 21a22, and shoulders, vons, Live medium, Spring. AMeal lamb, har BANK MERGER REPORTED. Two Big Fatimors | Institntions Combine Resources. ry 10.—The big- | Special Dispatch to The H BALTIMORE, Janu gest merger of fina a] institutions in Baltimore in many years was ar- ranged yesterday when the boards of diractors of the Atlantic Exchange | Bank and Trust Company and the altimore Trust Company agreed upon terms for combining the two institutions under the name of the Baltimore Trust Company. Joining of these two institution will give Baltimore the largest trust company south of Philadelphia as to Loth capital resources and total re- sourees. The merger will create an institu- tion with capital resources of $7.- 450,000, of which $3,500,000 will be cap- ital and $3,500,000 surplus exclusive of undivided profits. Total resources will approximate $54,000,000, with de- vosits of $42,000,000. HOPE TO BUY PLANT. Haynes Automobile Bondholders Act to Protect Interests. 1‘ KOKOMO, Ind., January 10.—About | 00 bondholders of the bankrupt Haynes Automobile C any, meeting here, voted unanimously to pledge their respective holdings as security for a cash loan with which to buy in the raw materials now on hand at the factory when the plant and materials are offered at bankrupt sale here, nuary Tt is the hope of most hondholders of the company that they will be able to buy in the whole plant and busi- ness with their bonds at the sale. | and, if this is done, the raw materials will be needed in the resumption of a | tively EVERYMAN’S INVESTMENTS BY GEORGE T. HUGHES. CHANCE FOR SHREWD BUYER. In my last article T had something to say about rallroad stocks and their rating as investments. It {a rarely advisable to buy any stock when prices are rising with great rapidity and speculative enthusiasm Is at its height. That is to say, It is not ad vigable if investment is the purpose. Speculation is governed by a differ- ent rule. With that we are not con- cerned here. Investors will do bet- ter to select thelr common stock which they expect to retain over a long period in times of market de- pression. All this seems self-cvident, but it needs to be emphasized in times Iike these. There 1s another point deserving of attention in this connection. When interest is concentrated upon the stock market. Investment bonds are neglected and it is often possible for the shrewd buyer to pick up bargalns while nobody Is looking, so to speak. Bonds of investment quality have lit- tle or no speculative possibilities and becaure price fluctuations are narrow and slow they are not usually favored by traders who are anxlous for “ac- tion.” I am not referring to bonds of the highest and most conservative grade in this discussion. lIssues of that nk are responsive in market price only to changes in the current charge for money. There are, however, plen- ty of reasonably good bonds yielding a feir return in a position to be bene- ‘fited by Improvement in the financial affairs of the corporation of which they are obligations, but which are generally overlooked, while specula- tors are rughing to buy stocks of the same companies. This applies to rall- road bonds, and the condition 1 have THE EVENING STAR, WASHINGTON, D. C NEW YORK CURB MARKET Received by Private Wire BY WILLIAM F. HEFFERNAN. NEW YORK, January 10.—Bldding up of individual stocks gave the Curb Market a stronz appearance at the ©close of the week. There was a wild demonstration on the floor of the Exchange again in the Mutual Ofl crowd. A block of 10,000 shares vas taken at the opening at a fractional advance and the stock subsequently went to & new high at 14. New Mex. lco und Arizona Land was {n heavy demand, getting to a new top for the movement at 8. The run-up of over 3 points, In ad- NEW YORK, January 10.—Follow- Ing {s an official list of bonds and stocks traded In on the Npw York Curb market today: Sales in BONDS. thousands. Hig! Am Gas & Blec 8a,. 2 Am Fow & Lt 6x ol Am Sumat Tob Tigs Anglo-Am Ol Tigw. ACG & WIS B Teaverboard Ss.. .. Beth Steel Tn '35, . Chic Unlon Sta 3 wi ent Len 6s wi. 4s Co B It Serv 75 Cit Serv 7 n. t Ser P& Lt b4 w udahy Oiis . ve Detroit & Duniop T & T Grant Trunk 6igs. Gulf Oll Corp Hood Rubber Intern Match & or 8 P Minn 6 Closs. Fotid o4iy 071, 1008 o4 s ¢ 3 Pennock Ol Corjs b, Pub G & E Co 5% Pub Serv of N J 6x Fure Oll Co 63s.... Sinclalr Con 88 C ‘'wi Southern Cal Ed 88 Stand G & E 6%s.. Bun 011 Sigs . described was very evident in the rallroad stock and bond market the past two months. Preferred stocks on which dividends are now being pald, but on which there are large back accumulations, were rushed up to record prices all in | anticipation of good things to come, while the sound bonds of the same companies on which interest was be- ing earned and paid hardly moved at all. And yet if the outlook for that particular railroad was so much brighter as to justify the speculative advance in its stocks, its bonds had greater claim to investment merit than they had before. It will pay in- vestors to look into such price dis- crepancies. (Copyright. 1 GOSSIP BOOSTS STOCK. Western Maryland Strong on Re- vived Merger Talk. Special Dispateh o The Star. | BALTIMORE, January 10.—Heavy transactions in Western Mar land Rallway common and second prefer- red stock recently have revived re- ports that this property is to be taken over by one of the larger system The Baltimore and Ohlo, the ew York Central and the Nickel Plate have besn mentioned in this connec- tion. The latest report goes so far as to say that negotiatidbns are ac- under way and that an an- nouncement may be expected in the near future. by Consolidated Press.) BUSINESS TOPICS. T, LOUIS, January 10 (Special)— This municipality plans to expend from $9,000.000' to $15,000,000 =his year in street and sewer improve- ments. The Laclede Gas Company will spend $3,000,000 on extensions. CHICAGO, January 10 (Special). The plans of the Illinois Bell Tele- phone Company call for expenditure of $110.000,000 for additions and im- provements in the next five years. RATES ON BAR SILVER. LONDON, January 10.—Bar silver, 5-16d per ounce; money, 2% per ent; discount rates, short bills, 3%a 3 11-16 per cent; three-month bills, production schedule, it was sald. The Symbol Goldsmith Notes 100% Safe 7% Firs Denominations. $50, $100, $250, $500, $1.000 Qur notes car of safety © 0nser vative Interest Paid Safeguarded Real Estate two-for-one on 3 13-16a3% per cent. of Integrity t Mortgage Notes ry a margin valuations. the Day Due GOLDSMITH 1405-7 Eye St. N.W. MONEY TO LOAN ON FIRST MORTGAGES fa s CURRENT RATE 7827 Connecliout Suenae OFFICE High-Class Offices In the Financial District of Washi aul Building 925 15th B. F. SAUL CO. Main 2100 BUILDING Main 9670 S OF INTEREST SPACE ngton St. N.W, 925 15th St. N.W | work {1sh pound to return {had got | ministry FOREIGN BONDS. 1 City of Bogota 8s wi 68 14 French Nats 7s wi.. 903, 5 Indus Mtg Bk Fin 7a 03 S s 105 © 105 1 King of Neth - 5 5 Russian Govt Sigs.. 143 143 Salsin STANDARD OIL ISSUES. unf 100 Anglo Ami Of ... 16% 200 Atlantic Lohos 3ty 150 Huckeye P I8 500 Crescent P L. 50 Cumberland P 100 Eureka P L. 1350 Gal Sig 01l 200 Humble Ol & R.. L i 410 Imp Ofl of Can 2B0Ind P L.... 6300 Intl Pet Co Ltd 90 200 3 ] 110 1030 800 800 1100 230 041, g0ty pen i ¥ Traosit Northern P L. Ohlo Of1 . Penn Mex ' Fuel 10815 210 15644 94 80 634 19 120 South Penn 011 Southern P L.... South W Fenu P L #2 S 0 Ina 6% S 0 Kan L oaom S 0 Kentucky.... 1214 80N ... 455 dsu 1800 Vacoum Ofi. 823 _ 82y Sales in INDEPENDENT OIL §10C bundreds, 8 Cifles Service...... 178 Citles Service’ serip 128 Cont’l O wi...... 277 Creole Ryndicate. . 5 Euclid 0Of] Co. Gibson Of1. Gulf 011 of Pu.. Kirby Pet.... 71 Lago Pei 600 Latin-Am Ofi. 1 Mariand 10 New Bradford STERLING' (LI WEEK' B EVENT Approach to Par Due to Greatly Improved Condi- tions in England. BY STUART P. WEST. Special Dispateh to The Sta NEW YORK, January 10—The sec- ond week of the new year has been pretty much like the first, with the exception that the Wall street specu- lation has been less violent, Money rates have come down as they nor- mally do with the return to the re- serve centers of funds which were at in the Autumn crop moving. Sterling Approaches Par. The advance in sterling exchange to the highest since 1915 has been an outstanding feature. It has fitted in with the best opinion, held for a long time past, that the essentfal require. ments had been fulfilled for the Brit- to par. In the first place the English budget was successfully balanced, 50 much so that It was practicable to reduce the in come tax Secondly, the British foreign trade into & position where the surplus of merchandise imports had ceased to run ahead of the so-called Invisible credits, meaning by this the Income due from forelgn securities, trom ocean freight charges, from tourist expenditures, and from the sale in América of new European loans. Finally, regular semi-annual pay- ments on interest and sinking fund had been assumed o the $4,500,000,000 jdebt owed the United States on ac- count of war borrowings. The change In government and the uncertainty of what would happen under a Labor held up for eight months the natural operation of these eco- nomic factors. Many European Oferings. Our market, to be sure, has not been unfamillar during the last few years with this sort of thing. But it looks now as if American investors are going to be asked to absorb in a lavge way the offerings of European corporations, of which, so far, they have had comparatively little taste. The recent loans for account of the German industrialists have been es- pecially significant. With the Dawes {plan in effect, with European curren- cles stabilized for the first time since the war, and with economic recovery proceeding slowly but surely, there is an invitation for American capital to accept the high bids offered from the other side, not in preference to, | but in competition with, the low bids offered over here. Market Counts omn Great Boom. The data relating to business con- dition continue generally favorable. With the esception of the wage-cut- ting in the New England textlle mills. there has been nothing to mar the pic- ture of graduaily expanding prosperity, originating chiefly in the astonlshing change for the better during the last | three-quarters of a year in the situa- tion in the agricultural States. Pro- duction Is increasing and commodity prices are going un. The indlcations are that the first three months of 1925 will be a profitable perfod in most lines of industry and the same holds good for the outlook during the second quarter. Against this is the tremendous rise which has occurred in little more than twdo monthis on the stock exchange. Has this movement got too far ahead of the trade situation? From all past experience it would seem that 1t ha been excessive. At all events this statement may reasonably be made | that the business good times so free’y | predicted rfor the new year, wilt have || to be unusual in order to justify the | rice which has occurred on the stock ‘:xchnu;a since election day, (Copyright, 1925.) | ! | Young turkeys, 35a40; old, 3 Direct to The Star Office dition to the advance of over 8 points Friday, in Standard Gas and Electric 8% per cent convertible bonds was coincident with the great strength In the stock on the stock exchange! These bonds are convertible into stock, and their market was adjusting itself to the higher prices for the shares, which were based on expecta- tions of an Increase in the dividend. The heavy trading in Kay Copper Just under % accompanled the report that 43 feet of ore had been uncov- pr:d in the south drift at the prop- erty. —_— w Mex Land ... Pean Beaver Oll... . f-"""‘k - ennok Ol Corp . Red Bank 01l Royal Can 0 & Ret Salt Ck Cons Balt Ck Prod ... Tidal Onage O1i NV Wileox 01l & G Woodley Pet INDUSTRIALS. Am Gan & Els¢ Am Lt & Tra Am Am Pow & Lt n Am Pow & Lt pfa. Am Superpower A Am Superpower B Appalac Pow & L Armour & Co ptd. Atlantic” Fruit..... Borden Co..... .0 140 Botany Cons Milla'A 485 Brigge Mig.c..o 3 canswick B ¢ wi ntrifug Pipe ‘Cor 247 Check Cah Mty A 244 2 Commonwealth P C 124 Comwith pra. 81 mwlth P C wis. 44 Cons Gas Bal new 33 Contl Rak A wi.. 114 Contl Bak B will 263 Contl Rak pfd wi. 8410 Contl Tob 'Inc.... 28% Cabk Co ......... 39 e For BC vic wi. 28 DL & W Coal abilier new W Dub Rts .. Imnstll Intl Durant Mot DREIG0 Wit o mits Esst Penn Eloe Co El Bd & Sh pfd.. El B4 & Sh pt u wi Elec Inv ......... Freed Eisemasn RC Freshman . Glilette 8 K Glen Alden Coal Goodyesr Tire ... Grenaan Bakerles Happiness Candy A Hagentine Corp ... Inter-Ocean Ead Co Intl Match pfd wi. Jones Radio . Lehigh Lehigh ¥ Lib Rad (b Stores Mesabi Iron Middle Weat i d West Ttil pr i RAR Tea Co...... Y Tel Co prd Nickel Plate new Nickel Pl ow pf w Reo Motors. 3 Khelton Looms Sieeper Badio K0 C & 1 new Southeastern Power Staudard Pub Co A 26! Swift lotl Lo Awift & Co Tena Elec Power Tenn Klee P 34 pf. Thermiodyne Ra wi Thompson Rad vte. Ward Bak Cor B Western Power .. a8 Western Tower pf 867 MINING. Ariz_Globe Cop narlo Copper matock ‘Tunnel. . 6 Cons Cop Mives... sreka Croemis 143 Developm Zon inc Siea! SBadiu waBual 2 wauiiemanaBall Zaad % 50y e 195, 2% i v T Howe Indejenden: Kay Copper Corp.. New Jersey Zioe. Bpearhead Gold.. Teck Hughes.. Tonopah Extension. 3 Tonopal: Minin, U 8 Continent Weat Utab. WEEK SEES STOCKS " HEHEST I YEAS Recovery in Popular Issues Partly Due to Extra Good Trade News. By the Associated Press. NEW YORK, January 10—The stock market opened this week with one of the most drastic reactions since the post-election boom started, but thereafter made sharp recovery with the result that United States Steel common, Baldwin and many other popular issues were carried to their highest levels in years. Monday's sell- ing was generally described as the correction of a weakened technical position, resulting from the specu- lative excesses of the previous fort- night. - . iood Trade New: Financial and trade news this week was constructive in character. ¥ in- cluded the establishment of the high- est ral by sterling exchange since bringing it within 8 cents of parity. The return of 2 per cent call money, the lowest official rate reached last year; reports of expanding steel operations; maintenance of heavy treight traffic and a gist of favorable dividend news, including incfeased payments by the Atchison railroad and the American Smelting and Re- fAning Company. Steel shares were under heavy ac- cumulation as a result of trade pre- dictions that operations would soon reach 90 per cent of capacity and that the monthly tonnage statement of the United Steel Corporation, due today, would show another enormous increase in unfilled orders. United States Steel crossed 124 to its best price since the “war baby” days of 1917, Interest in Ol Shares. Revival of speculative interest in the oil shares followed the publica- tion of the weekly report of the Amer- ican Petroleum Institute showing only a slight increase in crude pro- duction, despite the increased drilling activity in the new Wortham fleld in Texas. The statement of the Secretary of Agriculture, that compared with European prices, wheat was too low rather than too highs in America, focused attention on the mail order and farm implement .machinery shares, most of which registered sub- stantial improvement. ————— DAIRY PRODUCE. BALTIMORE, January 10 (Special). —Live poultry—Young chickens, Ib., 30; Leghorns, 20a26; old hens, 25a30; Leghorns, 20a22; old roosters, 17a1s. poor 2i Ducks, 20 and crooked breas al0. Geese, 22a25. Pigeons, pair, 35. Gulnea fowl, each, 40as5. Dressed poultry—Turkeys, 1b., S0a 40; poor and crooked breasts, 25 Chickens, 23a28; old roosters, 17alS. Ducks, 25a30. Geese, 20a%5. Egge—Receipts, 292 ocases; native and nearby firsts, doz. offered at 5 bid, 53 quotations, 53ad4. Butter—Creamery, good to fancy, 10a44; prints, 44a{6: ladles, 30a packed, 22 process but- ; dairy prints, 23a8; roll ib. Nearly every tn Shanghai, America, ice-cre Clifia, m ireezer usea was susde in BABSONANALYZES INSURANCE STATUS Calls Outlook Bright and Urges Taking of Policies as Investment. BY ROGER W. B. Special Dispatch to The Star. WELLESLEY HILLS, Mass., Janu- ary 10.—Three years ago I was se- verely criticized by many insurance men because 1 advised certaln wealthy cllents to cash In a portion of their life Insurance. I pointed out’ that good securities were then very low and that it was good busi- ness for a man to have as much as possible of his money in bonds. I made It clear that no fhsurance should be canceled which in any way jeop- ardized adequate protection for one’s family. I was referring to Insurance taken as an investment. Since that time securities have risen sharply in price while life ingurance is obtain- able for the same figure. As the price of stocks and bonds climbs upward life insurance becomes more attractive as an investment. Of course It has been only during recent years that life insurance has been 50ld as an investment. It started like fire insurance and other forms of in- surance, as a method of mutual pro- tection. Men took out what they needed In order to take care of their families in case of death. It has only been in recent years that Insur- ance has been taken out for corpora- tions, business houses and estates. Protective Insurance Urged. Of course, protective Insurance should be taken out by every one to a certain amount, and should never be canceled, cashed in, or switched. If, however, a man gets enough fnsur- ance to take care of his family any additional Insurance really becomes an investment rather than insurance. Some life insurance men may dis- agree with this distinction, but I am sure every fair-minded analyst would make it. I mention this distinction because, not being an insurance ex- pert, it is only in relation to such in- | vestment insurance that I have any right to speak. 1 have always advised the purchase of insurance for protection, irrespec- tive of what price securities are sell- Ing for and whatever the conditions in the security market. A man who needs protection should take out in- surance. The only disagreement I have had with insurance agents is due to the fact that investment insurance is less attractive when security prices are low, and more attractive when security prices are high. Be- cause Investment insurance is always at the same price, it must be judged by what the same money will buy in other forms of investment. In a way It is the means between high and low of the security market. This very fact, that It is & means, is the reason that the large insurance co'mpsnlex are so strong and insurance so safe. Attractive an Investment. Whether or not insurance agents will agrec with me as to which was the better investment three years ago. insurance or securitles, I am sure they will agree with me now when I say that insurance as an Invest- ment is becoming more attractive | each day. That is to say, as security | prices go.up, insurance, which re- | mains at a constant figure, becomes more attractive as an investment The truth is that when stocks and bonds cross the average normal line on the upward movement insurance becomes an attractive investment. This especially applies to 20-payment life and various forms of endowment insuranc which get a fixed sum of money on a apecified date. 1-belleve that 1925 will be a good SON. sea higher prices than they have already reached, but 1 also believe that investors should take account of stock as to their Insurance hold- ings. No man should have all his investments in stocks, bonds, insur- ance, real estate or any other one thing. Diveraification Best Method. All of one’s capital in Government bonds is not a sane method of in- vesting. Diversification is the basls of the soundest method of investing The point I wish to make today Is that in diversitying consider ineur- ance as a possible investment for a portion of your surplus funds during 1925, In purchasing endowment insurance use some sense as to maturity. For instance, in paying a $20,000 endow- ment policy a man should consider I his age in determiming the duration of the policy. It is apt to be more dangerous than beneficial to have a $20,000 20-vear policy mature when he is 40. On the other hand, It is unreasonable for a man of 50 to take out a 20-year policy In taking out a $20,000 ‘endowment | policy it is beat to arrange the ma- turities so that $2,000 will come due when vou are 60, $2,000 when you are torth until you are 70. Then as you can afford additional insurance have it mature in a similar series of years beginning when you are 70. I am very hopeful of the insurance business for the next few years. 1 belleve all the large companies will do a record business, and wide-awake, their companies. tic on the stocks of most of the larger Insurance companies. The insurance business has develdped to stupendous proportions, yet it is still in its in. fancy when judged by its possibili- tles. Moreover, under careful Gov- ernment supervision of the insurance companies, and the fact that they are officered and directed by capable, con- scientious men, should make their se- curities as well as their policles sound investments fer a portion of vour aurplus funds. B. & 0. DIVIDENDSEARNED Disbursement Common Far More Than Covered. Special Disnatch to The Star. - BALTIMORE, January 10.—The on bond year and that many issues will | 61, $2,000 when you are 62, and s0) honest agents should prosper with | I am very optimis- | Star “W. Branch SATURDAY, JANUARY 10, 1925 ant Ad” Offices NORTHWEST. 135 141 1135 14th st Jolie N T, 18th and U, &_Cl 14th and 2001 Georgin ave ., Joln Coliifiower 2008 T4th n.w. h'e ewsstand. Day Pharmacs. e Pharma G. Big Art Pharmacy. Pharmacy. nd Gift Holbeger's Pharmacy. Holmexd and Mount ., O'Donnell’s Pharmacy. ve. Th armacy. Pleasant Bho Hoteher's Cigar Store, macy. i« 3162 California ave., Morgau Dros 24 ‘and Mass. ave. ist and K sts., Dinc h and K. Goidenberg’ Assoclated Dru th z i nd nd" U ste.. McGaf ave. and Hock Cre plresk Pharmacy. s v ur 5508 e, M 018 1901 5 Dupont 18th & Fia. ave and North Cap. t. 1722 Pa. ave 21st #2pd G e 23th and Pa. v 7626 Conn. ave , Wisconsin ave. and Park Pharmacy. 4808 Wiscorain % Takoms Pharmacy. Morse. Circle, Du d Fia. av, e a B 3. Lol GEORG! 28th and P sts., Pride 2304 3 st., 0'Donnel 8411 M st 'n.w., Mosk Wiscorsin' ave. ‘and 0, . Monck's e.! Brightwood Pharmacy. harma; ips’ Pharmacy. W Pharmac; (time clerk's deak). Stores. Wiesch Sumpeon: orster’s o Howley'e Phar. ire’s Pharmecy. eek Church vosd, Rock Colodny & Bialek. Pharmacy. - o Pharmacs. son's Pharmacy. A. Gaylor & Son. « rker's Phar. is Krick. . Quigley Pharmacy. SHERTe Pharmac: Chevy Chase Pharmacy. tacomp st., Cleveiand Wisconsin Ave. Phar. Tk, 850 Cedar st., Mattingly Bros ETOWN, 2 ‘s Pharmac: P ey's Pha 7. Donohue's Pharmacy. NORTHEAST. 4th and H sts.. Fome 807 H at.. Garren's M Tth st. and Md. av 12th st and Md. & North Cap. and T 326 Eset Capitol ifol wod ll.C.lv. i Mayo's Drug_Company. usic Store. Louts ¥. Bradley. .. Louls Backs. enealy Eh Pau) * Blelouss' Pharmacy. ol Park Pharmacy. Pharmacy—Brookland. SOUTHEAST. and Pa. ave. 0’ Donpell’s SOUTHWEST. Tth and D ste. €% and L Lants Bro Columbis Pharmacy. RATE—3 CENTS A WORD In_Washington aud & uburbs for— Help and Sitcatious Wanted. 4 Found. Lost For Sl nitomobles _for coms for Rent Busin Opportunitie RATE OUTSIDE OF WASHINGTON 4 cents » word. REAL ESTATE ADS & words to the lige, 3 rate, ‘a8 ne misimum, at live follows: 1 time, 20c per line. 2 times 10e per lin 2 times, 17c per lin STAR OFFICE OP! ALl adrertiseme: must be at The Star office or one of The nch offices by 11 ISSUE, with the fol Low D will be accepted nd Pa. ave.. until A1l advertisements for be received or at & p.m. S WITH OR sertisements _from — 18 per line. EN UNTIL 11 PM. for The Evening Star m. the DAY BEFORD owing exceptions: « the above classifica- The Star office. 11th 30 a.m. day of iseue. The Supdsy Star must t The Star office by 5:30 pm. The Star branch offices 137 ER s required for all ad- ransient advertisers. HELP MALE | STORE Creait_Clothis | ¥ouN 3 g, 484 Tth st 1OUNG. BOY to learn C. L. Schmidt Tire Shop, rear 712 now. AUTOMOBILE SALESMAN. Wo have a very desicable opening for young men who wre ambitious. well edncated follow Inatructions to the lntter, 3 you_have bility to seil this vers popular hard worker, see Mr t 10 a.m. Moa- day morning, at 181 n. MILLWORK ESTIMATOR, one familiar with special mill- work and large jobs. Address Box 178-K, Star office. SALESMA'N, BY REAL ESTATE CORPORATION, TO HANDLE BUSINESS PROPERTIES. SPLENDID OPPORTUNITY TO RIGHT MAN. ONLY REPLIES GIV- ING FULL INFORMATION WILL BE ANSWERED. AD- 2SS BOX 278-K, STAR EEPER — Young man experienced in a high-grade busi- |ness office; must have refer- icnces. State experience and ref- treated strictly confidentially. Address Box 439-K, Star office. SALESMEN—SPLENDID COMMISSION SALES PROP- OSITION NOW OPEN IN WASHINGTON SELLING BOWSER PUMPS AND TANKS TO OIL COMPA- NIES, FILLING STATIONS, GARAGES, STORES AND FACTORIES. SHOULD HAVE CAR AND ALSO SUF- FICIENT FUNDS TO COVER TRAV. EXP. AT OUTSET. BOX 251-K, STAR OFFICE. * CHAUFFEURS WITH IDEN- TIFICATION CARDS; MUST KNOW THE CITY. BLUE AND GRAY, 212 13th ST. N.W. WE NEED . DRIVERS, An opportunity for live, wide- |awake, hustling men to secure a well paying, permanent job dur- ing the coming Winter months. Bring your references to Mr. Ryan, at the BLACK & WHITE TAXICAB CO. 1220 22nd St. N.W erence in first letter. All replies| BUSINESS INSTRUCTION. BOYD SHORTHAND 1§ THE BIMPLES system in commercial use: easily read, fast best: touch trping, spelling, Bug., bus. let writiog: grad. in demand; pos. & : yrs._Boyd School, 1238 G at. n.w. 78. STENOGRAPHER TYPIRTS _WANTED BT the Government. Ezaminations Jen. 13, Feb 10, Mar. 10, efc., monthly. Qualify throogh yer ‘training Civil Service classes now formed. ¥ X R e Strayer College, 721 13th street Civil Service Examinations. Stenographor-typist examinations Jan. 18 Fe 10, Mar, 10. Spe course, 5 days and 5 nig! each wk. Tuition, $5. Operstor exam., Feb. both men and women, age 13 to 79. Course be. zluuing today. The Civil Service Preparatory hool, s.e. cor. 12th and ¥ n.w. Phone Fr. 2080. . Phose br. 4 EMPLOYMENT AGENCIES. 88 OF STENOG., TYPISTS. EMFLOYMENT SERYICE, 55 o St o Frae reyirative. o 180 @St L¥. B JANITORE, housem: general houseworks ors. Fleaners, frat- Toliver Dortars, cook Tunchroom ‘wi % help of all kinds, st 2 6th st .w., Phooe 11 HE ESTANT KNIGHTS OF g National Headquarters, 621 Bond “idg. in: Tites Protestant men and women secking ui! uations to enroll with its newly organized en oyment bureau. Ofe 10 am. to 9 2l s Se oben 10°wml oo WANTED—Cooks, housemen, _chambermald walters. butlers, nursew, part-time women dlshwashers. Fuller's Exchange, 1221 26 i Weat 2059, 16 e NNOUNCEMENT! GH.CLASS HELP FURNISHED PREW TO CORPORATIONS, FIRMS, INDIVIDUALS BY Protestant Knights of America eLo BUSINESS POSTTIONS— Washiogton Employment Bechanger soerein Exchange; operated for the public by 5 Secretaries. ¥ the Washlagion School fur NO CHARGE UNLESS YOU ARE PLACED. a0 o B 7th ‘ana B. LP_MALE AND FEMALE. KERS and assorters ; must be experienced;: good salar Apply at once. Palace Laundry, 729 Oth st. ] _HELP—FEMALE. BOOKKEEPER-STENOGRAPHER, o EPEN wébted: 1 LADY—Attrective traveling po koown Srm: will afford fncome 3130 maot! Renerous commissions and bonus: experien:s umnecessary; —permapent, plessant southera territory during winte fined, educated woman, o wcat MARCEL WAVER, eap #ral operator: alio app Seheetze, Skin and Scalp 1903. 1145 Conne: FA ¥ COOK, white erences required: steady work and. gaod per for & woman who ha ome "cooking Rl fhan, done home ‘cooking STENOGRAPHER for ge Apply 311 Tth st.. Butl Tor Gov. Bidg s vt a live real estatc salesman. who {5 willing to work; will be given ali o property. Address Box 409- “YETER mall ORIGINAL recommendaiions _on_cppluing for_employment. APPRENTICE PRINTE, job printing. Smash Bldg., Mon Pa Rossiya, Dse COPIES. _ R, with experience in Brawner Co., Uherrs Va. See Mr. Jooes, wiite, wanted; 1418 Naw York ave. apply Mr. Summons, BOY, 10 milk and wor er: $80 per month and Keniiworth, D. C. colored, with wh 302 11th T oo farm; good work- board. E. . Bennelt, eel, for erranda: SEMENT whould att tiie attention of & man who wants to make g00d money and qualified to sell an ofice fevice of high order he can fiod prompt em- ployment by applying &t Room 625, Albee Biig.._atter 4 pm MANUFACTURER of mationally advertised p products bas opening in this territory for s salesman to sell retall grocery and drug trade: man with experience selling this trade od: opportunity fo mdvance: salary and expenses. Iteplies must state age, business training and past eelling experience. Address Box 1M K. Star_offiee oung_men with bicycles or motor | o £13 to %o schoolloys. $20 weekly: permanent Apply 7 12t o BOY for paritme work Bradley. 61 ‘middie of day or 8 12th n.w. i S, union to work Mocday morol ton sts. m.. Report e BUTCHER and grocery A-L man; steady work Daylight Market. 14th COMPOSITOR—Boy, typesetting to lears ru © come prepared to g0 ing, at 38th avg Ful- o Mr. Stratton, fore- ek wanted: must be und good pay. Apply and A ta. 0o with some Know Lber stamp trade. AR branch of work; white, age: single preferred experience ENTER with experience in covering bu al caskets or carpenter willf to learn th . not over 40 years of ive full details regard- d salary expected. Ad- Wardman Park Horel. DRIVER FOR LAUN portunity for hustler. a0d Ve scquainted wi 41, Star office. T truck: ref- 818 K n.w. Taye identll ApplY Taxi offic B. _Good op- Must have reference th city. Address Box arcied . white o colored, with 3356 11th st nw. 11° FARM HAND—Colored pormanent home, with GOVT. CLERKS. fe Address Box 33-M, 8 JANTTOR, famil Mr. Olive, Temple Mond E ply W o.w. Ground fioor. on dairy farm near Mclean. V with bowl Bowling Alle; gton Home Builders, man, married, can get house. garden and sal- o must and 6 1 between pare time: good tar_office. alles) ys, 1 . to excavaie r day. Ap- 1408 H 100 MEN of good appearal side sales wor acd ‘bon Rank_Bidg. to start. experience not nece nce for permanent out- $22 303 District MEAT CUTTER—8000 MECH. velopm a0d _equipmeni southern West Virginia capable man; state & salary required and pe: dress Box 17-K. Star office. AL DRAFTEMA ¢ of coal mining and loading machines | Tocation Ga. nw. wanted for ood, small tow: : permanent position for “ducation. experience, reonal duscription. Ad’ NTGHT WATCHMAN, NIGHT MA: eleviton furaished. 416K, Btar office. white, in bank: muat tate age. experien: ‘Address Box OFFICE BOY, by rea rience, if any. age, ddrees’ Rox 2 T estate firm; gite ex- education, references. M. _Star_office. OFFICE BOY,” an of referably oue who is th is mother and to be a literary assi Will be taught bookkeeping, stenography at expense of employer. mental office hours; light lu per week. firat six months. monthi Y X i of education and previ given. Address Box 42 1d-fashioned American, rtial. support of d of books, to learn t to o medical editor, typewriting an Govern- ‘h provided: $10 one doliar in’, tiereafter. Place of rd. Replr to be made licant, fuil particulars ious mode of life bel T . Star_office. . OFFICE_ATTENDANT in newspaper bureau. dally except Sunday from 8:30 fo 3, fo take andegle mate rial. Address Box 481- e OPENING for miu with Ford car; to commission_bas! willng Fablish a_tea RALESMAN. experienced. of good appearaoce. 1 proposition to the right man. PF. 1840 14th st. n.w TYPIST and clerk. Arpls. Home Tasmdry. 112" 00 are Tor 1V oo Runday.* Rnoia” Somis: two. 3 clored, atiractive office; leads snd automoblle fursishe. Dickerson & Howard, 57 YOUNG LADY, high school graduate, to with office work o retum for secreta course. Apply at omce, Strayer Collegy as mangle hands and shakers. National Laundry Co 23 Pierce st. WANTED—Experienced wash- ing machine salesman. Apply to Mr. Cole, Potomac Electric Appliance Co., 14th and C sts n.w, REAL ESTATE SALESMAN. A real opportunity for a hustler: experience not absolntely necossary. Any one familiar Witn mearby \irgioia and willing t work can make good: must have car. Give three refer- ;VI"!I‘V:I first letter. Address Box 174, Claren- on. F'wo Experienced Salesmen With car to sell new homes. Well priced on 1 term in an_excellent right man. Call between $na T pm CYRUS SIMMONS, __M410 H St. W, Main 1023. IF YOU HAVE SELLING ABILITY and feel that your present field does not offer you sufficient {scope and you want to enter the {big- and fascinating automobile industry with its unlimited possi- bilities for big earnings. we have openings for two good men. Now is the best time to join in anticipation of the big Spring and Summer business. Let's talk it over. HILL & TIBBITTS, 301 14th Strect N.\V. Main 9970. Authorized Ford Dealers. INSTRUCTION COURSES. ATTO DRIVING LESSONS FOR OPERATOR'S Bormlt; max car furaiabed. Call “FOSTER." in ‘8787 opportunits for the 9 and 10 am. or MILLINERY SALESWOMEN, Experienced, for positioos in a_high-elass ap- ciaity aiore. Addpess Bok 422K, Stas omcs. GOOD SALARY DURING SHORT TRAINING PERIOD. EEGULAR AND FREQUENT INCREASES THEREAFTER TELEPHONE OPERATIX THE IDEAL OCCUPATION FOR YOUNG WOMEN APPLY FIRST FLOOR 722 12th ST. N.W. TH CHESAPEAKE & POTOMAC TELEPHONE COMPANY ENTIRE CREW for flatworl dept. ; shakers, feeders, assorters. etc.: must be experienced ; hours to work, from 5:30 p.m. to 9:30 three evenings a week. Apply at once. Palace Laundry, 720 nights v WOMAN housework. including w ng and assisting taking care o 7 must intelligent. n Cify references from responsib: family; excelleat mom and bath month 'for first year_ and Cyl between 9 sud R 11th st. n.w e ~ookij people: salars. increases ve T. Harrell, 3 $40 T housework: Tefience White; be " aile 30 ret COOK. for private famils: §0, Trish preferred: cupable of taking Ty 74 ar COOK and general housework comfortable room and Lath references required st now family: ay Is and wigh plan mey G0 oy » AUTO DRIVING LESSONS PRIVATELY giren. Call Linc. 83. We do_the rest. MABELLE HONOR BCHOOL OF BEAUTY Culture, 810311 Burchell Bidg, 817 idth st Only exclusive beauty culture schoo! in Wash ington. established 1920: fndividual instruc tion: day and evening classes. Franklin 5131 14 FOW 18 A GOOL TIME 70 BEGIN A course of preparation for life's duties. VWood's Commercial chool, located in & quiet neigh- borhood, 811 East Capitel street, in fust an ideal piace. One year's tultion’ costs S$ilb. payabie in seven ‘monthiy paymenis. Oue year, evening sessions, 836, in moninly pay- me Thirty- year. T WANTED—ME: SALARIES up. 10 $100 per week are not unisusl. “Let s prove it. Get into the interesting, profitable professions. Always & demand for those thor- oughlr trained in Costume Designing. Fashion Diawing, Millinery, Ladles' Tailoring and Dressmaking., We teach you quickly and as- sist graduatés to positions or to go info busi- Dess for themselves. Day and Fvening ses. terms. ARk for cata. LIVINGSTONE ACADEMY, Rhode Tsland Ave. n.w. family: gont COOK and g ored: stay mights: references required. King's Pala AL H wages. §40; references. Addrexs 2 st.. Chevy Chase. Md. Cleve. 2003, . reliable white wom ay nights. 1327 Spri L HOUSEWORK, iu Hetbeada 65-W. ETRL, colored, for general lonsework, tment; reference required. Apt. 3, suburbs. Baltimore and Ohio Railroad earned the dividend on its common stock nearly twice last year, and many well informed persons in the financial district predict that if activities con- tinge in the steel industry and the coal trade improves to the extent ex- pected the company will set a new high record for earnings this year. Last year the company refunded $87,000,000 of low interest bearing ob- ligations on terms regarded as highly ditisfactory, although the Interest rate was higher than the old issues here. The company still has $45,000,000 maturities this year, but bankers say the financing operation will not be difficult. Stock of Record. 2 J 20 £ Jas, 12 Dec. 20 Par- able. Feb. Feb. b canmon - Tennessee _ Floctiic " Power Co.. a. $1.30 second pfd Contibental” Tamirance Ce., International ‘Central America, q. pd. .o U, Rub Railways 11 Jan, Jan, 24 3150 common, Allis-Chalmers i $1°common. OUTSIDE SALESMAN in wholesale hardware 1ine: must be experienc rity _above reproach compensation _desired Afdress Box 1-M. Sta: and aselstant buyer, | house-furnishing ed and a hustler; integ- gire pa 20d Replies coudential. - office. PIN B4 Maond: dfive Ford: 410 4 8 ve, 2 day; Box 70,5 Star offce.. In i Apply Mr. Nickelson 6 pom.. [ 403 Ethe Temple Bowling Allera, 110 H nee. | 43 Ethelhurs MBER. all around Job land, non uifo steady work. Address PORTER, colored man. not over 85 downtown store rienced porte: keep_the interior r of a buflding ¢ ot be afraid of work: must understand op- eration of furnace. age and to Box revious experience and sslary des 7K. Star.ofice. Apply by letter gi o REAL ESTATE SALESMAN. ed_broker has exceile; enced, energetic man, results. operation from office. Sdentisdiy. 35-M, Btar_ofice. For appointment, el at_opening for capable of pro i xperi- ducing Plenty of prospects and heipful co- trested con- Replie: address | Box o sell aiversal Ford Moter roducts; 1 Co., 13528 M s st w0 BTENOGRAPHER-TYPIST, 325 per week: Address Box 476-K. Star o commert Teterence. TOUNG MAN wanted ical tra factory. 1 office paratory to chine Adjuster in a b quslifications are st 1 willingness Froguent 3ad _permancnt o 0aportun: wan _in e age and e, Toung by aational coneern. to Ining course of meveral ou 3 ymail salary pre- “bookkeeping ma ranch office, Necegary least cne ¥ £ locats In, ans iy for advanee oymeat. = Aupls bs GubliGiations. Address o3 | wfed work. e giag s BEAUTY CULTURE COUHSES Sow g: scientific training in skin treatment i5d miscle moldiog. Fr. §101 for partica . 1 t Apts.. cor. 16th and L. ste. 14% | . for_gencral Tousework fiy; near cars and bus Wardian_English In emall 3219 Klingle rd. n.w Village. white, din atay pights: good right_party salary” expected Box 25-M. Star ofice. Address e BE A DRAFTSMAN AND earn big money. Experts nced- ed in all lines—mechanical, architectural, fopo- graphic. ete. We make an expert DRAFTS- SIAN 'of ‘you tn three to bine monthe. You can start Fight now under our individual n- struction pian, day or night. Latest logue on request. Columbia School of Draft. Ing. 14th and T xts. Phone North 272. RADIO. One of America’s loadig industries and still in its infancy. Our Construction Course, in which you get all the electrical and radio theory, together with practical imstruction in construction work, will 8t you for good posi- tions or qualify you for engaging In the radio business. ree months' course; class 9 at night; moderate charge. Enroll LOOMIS RADIO COLLEGE, 405 9th St. Main 7839. 10° &5 A WEE i industry. to Jeigh's Household Products Several fine openings in { towns. We tran sud het to $100 a week o dtribote 10 seads uars. neathy cittes o mo ¥ " mese. No ex- 2 i Wriie iodas. T. Rawie Co., Dept. DC 263, Freeport, 11 NEAT, willing girl. to lielp mot and children. ¢ ith - experienced; care o Steep’in. NURSE, Germwn speaking. for two Tittie boys one_abont d: 330, th 9678 12 PTB_AN cooking essential: good pay for o' reliabls wom an: no Sundas work. 1341 Kearon st. n.w Tei. Adame 1340, PRACTIO, SE— for elderly man and ax Telephone Col. 5356 Sunday morn WAITRESS.CHAMBER) womaa: willing to get nights: references required: wages, §50. Ply 2400 Wyoming ave WASHING AND HOU references 340 mouth. 5407 or_call 4221 16t S g WHITE WOMAN. middie sged, o car invalid 1ady #nd keep bouse 1115 6t Phone Adams