Evening Star Newspaper, January 23, 1925, Page 29

FINANCIAL. COLD WAVE KEEPS LOCAL PRICES UP FINANCIA Money to Loan Becured by first deed ef trast on Tesl o alling interest aad Capi Joseph 1. Weller 4% Weob & One Million Dollars Z 14th & H Stroets THE EVENING BSTAR, WASHINGTON, D. C, FRIDAY, JANUARY 23, 1925 UNLIMITED ROAD | OIL MEN REJOICE EXPANSION NEEDED) AS PRICES ADVANGE NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office YOUR INCOME TAX Expert Advice Given by United States Internal Revenue Bureau Based on Latest Changes in Legislation. BY WILLIAM F. HEFFERNAN. &2 NEW YORK, January 23.—With crude and refined oil quotations ad- again and bid its favorite up almost & point, although there was nothing new in the situation of the company Eggs and Poultry Expected to Drop ‘When Weather Turns Warmer. Cot ied cold weather is affecting the local marke While low tem- perat proves benefictal to meat and Itry dealers, it makes the handling f ruits and vegetables more troublesome Prices of mos: high, and but slight mometer weathe It is ht that the slight in egg pr duy In the near future modities remain they look for ntil the ther- sters much warmer dealers say decreas darop fol es yeste will be unless blizzard high-p tions, oil interest in t ites, especial oils Bhe in Film NEW ‘YOR ing is an of stocks trade Sales in thonsand 1A 3 Am 10 Ar A Am TRoilin s & vanced today stocks in he ly in coppers cam, but advances were limited. Inspection Mach K fticial 1 in BO: _were the practically all sec- center of It was an easy matter to bid up the Standard { points and renewed buying made it- self felt in the popular-priced favor- Oils from 1 to y the Mideontinent = in for attention The pool ne got busy list on the Curb market today NDS 2 Allied Packers 63 Puckers Ss Pow & Lt b o Sumatra To g Mil to_warrant the active buying. Short covering was heavy in Cen- trifugal Pipe. The desire to even accounts in this stock followed the favorable dividend action taken yes- terdey by directors of United States Cast Tron Pipe. Rova Radio featured its group. The market for the new Boissonnault con- tinued active, but those back of the rise were content with their recent success and made no further effort to bring about higher prices. 60 Solar Refin 2990 South Penn 0 Southern P 1 M8 O Ind.. 500 8 0 Knnwas W0 S 0 Ky 60 8 O Neb.. 0 N: ¥ O Ohio.. 10 8 0 Olio pfd.. 40 Swan & Finell 800 Vacuum (¢ . 218 (U 214 181 | bundreds. 1NDEPEN ARTICLE NO. 12. —_— Bonuses to employes constitute al- lowable deductions from gross in- come when such payments are made In good faith as additional compensa- tion for services actually rendered, provided that when added to the stip- ulated salaries they do not exceed a reasonable compensation. Donations or gifts to employes which do not have In them the element of compen- sation, or are In excess of reasonable compensation for services, are not do- duotible from gross income. Pensions pald retired employes, or thelr families or others dependent upon them, or on account of injuries recelved by employes, and lump-sum amounts pald or accrued as compe sation for Injuries are proper deduc tions as ordinary and necessary busi- ness expenses. Such deductions are limited to the amount not compen- Many Streets Must Also Be Widened During Year. 1925 Work Started. BY J. C. ROYLI. Epecial Dispatch to The ftar. NEW YORK, January 23.—There was a new automobile bought in the last year for every 13 feet of rural hlghway constructed throughout the country. In other words, if all the new automobiles were strung in line along all the new roads, each would be able to move only five or six feet before traffic would be blocked. The result of this situation is that 1925 will see the greatest program of new road bullding ever known in America. Industry in Best -Position in Year, Is Claim—Hints of Higher Gasoline. Special Dispatch to The Star. @ BALTIMORE, January 23.—"The oil industry is coming into its own,” de- clared Holden A. Evans, president of the Lorraine Petroleum Co., just back from Oklahoma, where his company operates. “I have never known ofl refiners to be more keen to obtain supplies than they are now,” continued Mr. Evans. “In the Gar fleld they are bidding a® high as 50 cents a barrel for ofl, That product is the highest grade in the Midcontinent fleld. When FROM $50 7O $100 Can Be Obtained by Ui, Certificate of Inventory, Appraisal and Title. CHATTEL TITLE COMPANY 205 Fifth St. N.W. FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F S¢. JOHIN POOLE, Prestdent Mortgage Notes Apply Loan Dept. C. L. O’'Donnell, Mgr. Realtor Chas. D. Sager 36 M.37 924 14th St. N.W. 38 Populous districts have already start- ed to do what the raflroads dld years age—double track existing rights of way sated for by insurance or otherwise. No deductions are allowed for contri- butions to a pension fund held by the corporation, the amount deductible being the actual amount paid to em- ploye When the amount of salary of an officer or employe is patd for a lim- ited period after his death to his widow or heirs In recognition of the services rendered by the officer or employe, such payments may be de- ducted. *Salaries paid employes who are absent in the military, naval, or other service of the Government, but who intend to return at the conclu- sion of such services, are allowable deductions Donations which do not have in them ment of compensations for service rendered may not be deducted by the employer, and need not be included in the return of the recipient § Anacouda Sim Hurd I left Oklahoma ofl men were talk- ing much higher prices, and 1 was not surprised to learn on arrival here that quotations had been marked up 25 cents a barrel by the Pratrie Ol and Gas Co., and 25 to 42 cénts a barrel by the Maryland Ol Co. “The day I left Oklahoma the price of gasoline was advanced % of & cent a gallon, and further advances are expected soon. Fuel ofl, too, Is ris ing. The outlook for the ofl indus- try is more encouraging then at any other time since last Spring, when overproduction proved so costly both to producers and refiners.” weat ppears. rices a Quantities of th Toda tter 3 Ark Nut Gas.. Curib, Synd. 5 Cit Berv..,viss 5 Cit Sery prd.... L Cit Sery prd B..... 43 Cit Serv "B Cra $76000 Cit Sery C Scrip, $57000 Cit Nerv serip. 11 Columbian 11 Cont 10 Creole 1E oduct in st s Wholesale ~Fa tub, 47a50; ore packed, 20a25. resh, selected, candled, receipts storage, = Broader Streets Great Need. Pavements in metropolitan districts constructed a few years ago are not wlide enough to care for the increases in traffic. Wayne County, Mich., in which Detroit is located, fittingly took the first step to re ctify this condition. That county spent $1,000,000 in 1924 acquiring wider rights of way, and will pursue a similar policy this year. The progr: planned there involves superhighways with widths of 86, 120 and 204 feet, according to trafMe de- mands The plan provide r maintenance of high-speed tratlic nd low-speed and local traffic with a minimum of interference, ersections will con- =ist of sep; levels for the two highways, similar to railroad and road grade crossinge, thereby allow- Ing free movement in each direction the main route from Detroit to Inac, in Oakiand County, & super- Eighway now is in course of construc- tion and consists of two 44-foot strips of concrete roadway with space for double car tracks between This is the widest rursl highway yet built {in America Bigger Road Expenditures. Over a billion dollars on paved roads in 1924 llarger sum will be this | [vear. The demana year round” {highways has stirred the thinly pop- ongested areas About 64,112,565 squares yards of concrete as well as the way nstructed in the last year, road. This exceeded the record of | any previous 3 by nearly $75|] THE TYPE OF SECURITY miles. Concrete highways in this| CONS ERVATIVE country now total 31,700 miles. The | NVESTORS BUY Sttt bttt greatest increase in pavement con- | IN [;E oMlN‘;TIONS TO > struction was in the building of con- | SUIT PURCHASERS E o e e e crete stree and alleys, which totale et e i o0 v || JAMES F. SHEA [T 4 NATIONAL THRIFE WEEK— 643 Louisiana Ave. N.W. Py 2 Safety Supreme more than in 1923, This work is| equivalent to 9.378 miles of 15-foot | highway, or enough to run a con- crete band 34 feet wide from the At- lantic to the Pacific. In addition, con- tracts for 2,000 miles of conerete S ol ok —is the title of a very interesting little booklet you should read. If you will ask us, we will cheerfully send it to you FREE, and without any obligation. This booklet will show you how easy it is to secure an absolutely safe and profitable investment—it will give you a greater appre- ciation of the Nation’s Capital. Even though you are not contemplating investments at present, the information contained in “Safety Supreme” will be of value to you. MORTGAGE INVESTMENT DEPARTMENT Prices. Uni Sta s -Co ' Wil prints APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Lecated in the District of Columbia and adjacent Subwrbe in Montgemery County, Md. 3:% INTEREST ‘.fi’-l.v ro H. L. RUST COMPANY LOAN CORRESPONDENT Bse PRUDENTIAL INSURANCE COMPANY of AMERICA 912 15th Street N.W. Main 6888 0ii " Syna..! 1 ol Co.. 1 Gien Rock 0. 10 Granada Oil 35 per po ; 3 e i ; 25 Gulf Ol of Pa.. Alive, roosters, per ! 11y Sl A8 Kirby Pet. ¥ 8: d 5 e o9 Lago Pet e : ; 1 Mariand Mount 1 T Mownt ¢ 45 Mt Cggs— average Cheese 28; old sh Poultry pound zec > 2ild cream. 01l "voi Mex Luud Ol Cor Beuye 0il '« 0il .4 o&n or " gifts to employes the ele FINANCING All;::::m 5 ]/2 % Business Property Unlimited Funds Available FRED T. NESBIT WE FINANCE Apartment Houses Business Property Iesidence Property Hotels, Ete. Higbie & Richardson, Inc. 818 15th St. N.W. o Oil MeN & L 7w 4 s & Co Tl Mar 1 Nut 39 Nw o 1N Prod 251 — oy 1013 3ig b ats—Be, lambs, 26a30; 2¢; hams, 21a Fruits and Vegetable. 14a16; loi oulders, (The next article in this series will appear tomorrow.) STOCKHOLDERS T0 GET $10,000,000 IN CASH Cities Service Company Plans for Heavy Redemptions Dur- ing Present Year. 11 Venemuelun o Wi hogs. Pet Oil & Gas. 11 Pure 0l 1 Sloss-Shefl 65 63 Stam INDUSTRIALS 2 Am Cot Fabrle pfd 1011 15 Am Gus & Blec THTg 5 Am L'& Tract ... 146 e Am L& Tract pid e43, 3 Am Pow & Lt new. 62 Am Pow & L pfd Am Superpower A T Am Superpower B 1 Appalac P & Lt pfd 2 Asso Mfg A w Armour & C'o pid Atiantic” Frutt den Co - S v Con Miils X Market cultural were and an disbursed spent even | for “ye FIRST MORTGAGES FOR SALE 12 Buss Gov A 4 Bkiyn City 'R 1 uss Go t . 5 15 Car Light....... . 2 Nolray & C it Pigs Corp pin_Sacks ¢ Nip A rlds Co new cmmonw Pow Cor. e Com Pow. Cor pfd. . 00K " as Balt new swociated Press. NEW YORK, January 23.—Approxi- mately $34,000,000 in stocks and cash will be contributed by the Cltles Serv- ice Company to common stockholders on March L through a redemption of sorip dividends which the company has been issuing for three and one- half years. Of this amount $10,000,000 will be cash. At the same time regu- lar monthly dividends will be resumed on the common stock at the rate of one-half per cent in cash and one- half per cent in stocks. Stockholders at their annual meet- Ing in April will be asked to approve | a split_up of common stock on the | Bd & Sb new wi basis of five shares for one. derated Metals T 2 5 SRe 1 & W Gr rs 3 i i Dokl NEW CRUDE OIL PRICES |, [incis bas take ANNOUNCED BY AGENTS undation Co ptd 118 tion. Th ‘ io e concre Increase of 25 Cents Per Barrel in Middle Western Commonwealth now aggregate 4,105 miles, compared Pittsburgh Follows Rise in Middle West. with 3,466 for Californfa. Tllinois | bulit 1.114 miles in the last 12 months | while California added only 178 miles. | o G Bt S By the Awociated Press. Be s e Rubbe PITTSBURGH, Pa., January 2 ate, market weaker; Virginia, | Hompors n n increase of 25 cents a barrel in STANDARD OIL ISSUES S0ty 83iy 115 2515 o213 24 pointed type, 3.00a3.25. elery — Supplies light; dema ght arket steady: Califor rates, 6.50a7.00; 3-6 dozen w, 3.75; § doz Lettuce — Supy " 901 Hun, 0 Imp 01l of Can 1600 Imp Ol Can v 110 Tod P L.... Pet Co itd Pet 15 De Forest Radio v 20 Doebler Die 52 Dubilier ¢ R urant Motors X C &R 14 Du Pont Motor ¢ Duz Co A 7 East Penn El « Einc Bond & Sh pf 102 4300 Prairie 0 & G o ¥ 209 Prairie P inois Takes Lead. || THRIFT WEEK I 1s'HERE The way to be thrifty is to invest your savings in guaranteed securities. Onfon Market Onions — Supplies a| moderate, market steady; New York. | 100-pound sacks, Yellow United States No. 1, medium to large sizes, 3.403.60. Potatoss—Supplies 1 d; demand ate, market Michigan, pound sack Rurals, United States No. 1 250 per sacks, No. 1, Steady. light; ae GERMAN BONDS AND STOCKS. (Quoted In dollars per million Bid. Ger Gt (war loan) 5s 1914-18. 2100 00 from Cal highway construc- roads of the rnia marks.) Asked Hlette 0 Ald dyear Ti Grennan_Bakeries. . rimes ¥ C R.. iall & Sig ‘Co ) Candy Stor A eltive Corp Russet mostly 2 50-pound nd Whites, Unlted States 2.40 per sack. ach—Supplies 1iberal; demand | 4158 pre-war.... sy Ger Gen Elec 43 1810, We have 6%4% first trust notes in denominations of $100, $500 and $1,000. ks autonio in this in the Some of | | | | The payment of interest when due and principal at maturity is guaranteed by the Jones Radio Lehigh Pow sec Teh Val_Coal N ( 3 Liberts Radio Ch S Long B Lo Co A wi Mengel Fox .. 3 eabi Tron 414 iddie West Util. g0ty iq Mid West Util pr in 10253 Music Master wi... 21% Murray Body . 431y at Distil Pr 26% at Pow & Lt..... 212 at Pow & Lt ptd. 98 Nat Tea Co.. Y Tel Co pfd.... 111 Nickel Plate nw wi % Nor Stat Pow Corp 1054 Omuibus Corp A pf 90 Omnibus Cor v t ¢ 138 ge Motor sy c Fxe Inc A.. 431, tic Brush 43 Mfg . 107, ova Rad Cor tr of 8il Ge Proew v te Shattuok ... per Radio v So C & I new Southeastern P & L 3614 Southern Cal Edison 102 Standard Pub Co A Stutz Motor........ Krupp & : Dusseldort 48 ‘pre-war. ... . Frankfort a-M 4s pre.war..... b 4s pre-war.. che Anilin A E G (Ger Ge 110 TS Supplies light; demand for good stos mark u, 6s, wrapped, repac count, 10.00; choice, to ordinary quality, 9 8weet potatoes—S D! s light; de- cur . mand Ilmited, market steady; Vir- — Far itrels velr| SHORT-TERM SECURITIES. k section Carolina, cloth-top stave barrels, yel- o yeie (Quotations furnished by Redmond & Co.) Noon. Elec) ING 713 and 715 14th Street N.W. Main 2345 T T o] Real Estate Mortgage & Guar- anty Corporation 26 Jackson Place N.W. Resources Over 52,000,000 L. E. Breuninger, President bttt bt bttt bbbttt bbbt bbb bbb bbb bbb b b4 ;‘l""H LRl Al S R R R R R R S S R R S R R R R S ties, No. 1, best, 5.00a5.50; ordinary quality low as 4.00; Dela- varieties, baskets, and ] lines bu. quality GRAIN EXPORTS JUMP; MEAT SHIPMENTS DROP Grain exports from United States during 1924 registered a strik- Ing advance over those of 1923, the Commerce Departmant discloses in a report, placing thelr value last year at $433,750,000, compared with $311,- 300,000 in the previous year, a differ- ence of $122,450,000. Crop fallures and damage abroad helped particu- 35 larly to swell the exports of wheat dna wheat products. FIGHT LOWER RATES. Simultaneously the world cut down . akings of American 3 sharply, 18 SuKE Fifty-Three Reilroads Against meats. In 1923 the exports of meat and meat products from the Unitel Change in Express Charges. Special Dispatch to The Star, States amounted to 1,035,608,101 pounds, valued at $149,967.743. In 1924 the total of such exports was 3 23.—Fifty- 80,394,058 pounds, valued at $113,-|three railroads are Jjoining In the 46370 move to enjoin the Interstate Com- merce Commission from putting into| leffect lower express rates in the| South and West, declaring such an order would -involve a loss of! in revenue annually to n roads and $1,309,433 to South- ern carriers. Cauliflow mand for —Supplies moderate oderate, market String Beans Str String beans—s; mand good strong: green, as 3.00, Peas— for good % -bu. 5.50. Eggplant—Suppli ®ood for good stock, Florida, pepper crates, few Peppers very light de- 12 Coppe glo-Amers Assoclated 01 gs 1 Tel, of Ceutral of Geors Central Leather C chi.. R Coliimbia Continental Gas & Du_Pout 7s 103 e Federal Sugar Ref. s 1033.... Goodyear T. & R. 8 1931......0 Great Northern 7s 1988, Gulf 0il Corp. of Pa. & Humble Ol 5%s 1932..%....... Lehigh Pow. Sec. Corp. 6a 1927. M., St. P. & 8. 8. M. 6164 1931 Morris & Co. Tiae 1830........ New York Central s 1035, Oregon Short Line 4s 1020 Peonsylvania R. R. 7s 1080, Pure Ol Digs, August, 19 Swift & Co. be 1082...... Tidewater Oil Equitable Co-operative Building Ass'n Organized 1570 45th YEAR COMPLETED Assets .............54,942,132.68 -81,317,011.44 Subscriptions for the 88th Issue of Stock Being Received TO FEDERAL EMPLOYEES AND ALL OTHER PEOPLE wE WANT YOU AS ONE OF 50,000 NEW INVESTORS -IN THE SAVINGS DEPARTMENT oF “YOUR BANK” To get your Investment we witl Ioan you ONE HUNDRED DOL- LARS WITHOUT INTEREST OR ENDORSEMENT. The only condition is that you will leave it on deposit in a sav- Ings account for one year and pay us back ten dollars a month. Your one-hundred-dollar invest. ment will bedr interest at 4% per annum, compounded seml-an- nually. At the end of one year your $100 investment will be worth $104.04. Under the usual 4% savings plan, if you save $10 a month for ten months, your $100 at the end of one year would be worth $102.52. Come in and talk with us about this new investment plan. Banking Hours—8:30 a.m. to 3 p.m., except 1st, 2nd, 15th, 16th, 17th and last day of each month, 8:30 a.m. to 5:30 p.m. Saturdays, 8:30 a.m, to 1 p.m. the market hampers fair quality low B New Yr\_rk now ranks third with 2,795 nxllt‘\ and Pen vania fourth with/| 2,707 Indiana, Michigan, North Caro- | Iina, Ohio and Wisco n all Increased "I[hl“lr €ood road mileage materially 1 Norfolk section, cloth-top veneer bar- | Nors the price of crudo ofl o ;i ; . amb ; e price of crude ofls, quoted on the | There are 7,700 rels Savoy, 4.50: 00; South Carolina, | N r 2 ¥ 3 m et here, was announced today | biles ”n';‘ tru 3"':‘:""”‘\ : 00, mostly 4.50: by the leading purchasing agencies.| country. There wae o ooy Texas, ‘bushel baskets Savoy, mostly The new prices were tew Tork | 185t YeAr of 16.3 per cent. : Pe ylvania grade in New York|these cars will be scrapped during oil in national transit lines, $3.35 St b6 Bt sad ol Pennsylvania _grade in natlonal|goin for this year undoumieaty vt transit, = Southwest = Penneylvania,|exceed 2,500,000 vehicles. Unjoos Eureka and Buckeye lines, $3.250 =y onk e ic e Cabell grade in Eureka Iines, $1.70. | hoe oy SO78c8tion and loss of busi- : the building of highways must k. lines, $1.80. G and 5 : e w ase o Somerset light in Cumberland lines, | Pron 110t ots aage® (1 traflc and $1.9 s ev 1 € will Ragland grade in Cumberland lines| theT® 18 every indication that it will, was up 15 cents to $1.05. was unchanged at $1.50. MONTGOMERY-WARD NET By the Assoctated Praes. CHICAGO, January ‘The annual | statement of Montgomery, Ward & Co. shows u net profit for 1824 of $10. 433,501, compared with § 2,625 for sales, amounting to $162,715,494, are an increase of 20.85 per cent over the figure for 1923 and more than double the amount for 1931. The net profit increase over lust year is 35.45 per he last year. Tomatoes transit lines and Bradford district|1925, but at least 3,300,000 new cary Sometant soettun Toa lines, $L70.| ness ana industry is to take plac Corning grade in Buckeye PROFITS UP 35 PER CENT | 1923 and $4,562,607 for 1922. The gross cent. best. upplies light; demand good Tean Bee ck, market firm; Florida, hampers, fair quality, 5.00a n Elec P 24 pfd wermiodyne Radio Thompson Radio vte Tower Mfg. Union Unite s B Toow 1o ml" him light; mark: mo: demand firm; 5.00, Shares, $2.50 Per Month * United Lt & Pow Ward Bak Cor Ward Bak Cor pfd 93% Western Power ... 36k Western Power pfd 61y Wick Sp St Co wi 5 Yel Tax} Corp N Y Vesta Batty and cueéumbers—Supplies » sales reported, splies light steady; ¥l 1, 4.50. —Suppl demand rida, pepper Save for a Home ¥ a40, 8 = zona Globe oderate steady MINING With this definite purpose in view, it is easy to acquire a home through systematic saving in the Equitable. 915 F St. LUMBER ORDERS SHOW GAIN OVER LAST YEAR the National Manufacturers’ Assoclation for the week ending January 17 from 371 of the chief commercial sawmills of the country indicate general increases in production, shipments and new business in the lumber industry over the preceding week. As compared ith that week a year ago, the con- dition of the lumber movement shows some improvement in shipments, no appreciable change in production and & marked falling off in new business. Lobi 1g Gold M 1d Tnd e S Thought G M. . 10 Florence Gold Min. 10 Goldfeld Develop. 30 Gold_ Zoe.......... 08 40 Farmill Div.. 01 12 today. 10 Hawth Mines fac. (13 80 Hecla Mine. ... Ao 7 Howe Sound.. Independeace Lead. 5 Jib Cons..:s.. Kay Copper Gorp. Kerr Lake...... Lone S Mason Val National Tin. New Cornelia Olio Copper Plrmonth Lead Mia . Premier Gold Min. Warrior ... .48 n Gold & P olm,” ero s Mines ; Teck Hughes Tonopah Exten Tri Bullion .. TREASURY CERTIFICATES. o T Bulion t ished by Redmond & Co. 20 U S Continental .. (Quotations furnis! y a ) oS Om e Ttah Apex 5 Wenden Coppe: West End Ext. 20 Yukon Gold e DIVIDEND APPROVED. NEW YORK, January 23.—Approv- al by stockholders of the Terminal Warehouse Co. of Baltlmore of the ! directors’ recommendation that DIVIDERDS stock dividend of 100 per cent be i declared will result in an increase iacon O HHL T Pep |of $100,000 in the company's out- Bigelow H'Car... Q standing capitalization. The Penn- Q sylvania railrcad is ons of the largest Bk stockholders Ex Tex COSDEN 0IL éOMPANY TO TAKE NEW NAME By the Associated Press NEW YORK, Janua Loeb & Co., With whom are asso- ciated Hall r & ». and Cas- satt & has p ased $12,500,000 21id-Continent Petroleum Corporation first mo 6! per cent 15-year sinking fund gold bonds. The Mic ontinent Petrole poratic < name by wh yroposed tha present tion of Cosden & Co. of shall hercafter be known, which It is proposed to vest of the pr s of Cosden, & Co. of Oklahom Oil and Gas Co. (with ¢ ptions) and the Atlantic Corporation baskets, m FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nomioal Selling checks gold value, £4.8665 0% 06 Reports to Lumber Your Banker Knows. When in doubt about a security consult your banker. It s equally as much his interest as yours to pro- tect your savings. You trust him with your deposits—why not trust him with your investment problems? London. pound Montreal. dollar Paris, franc 0841 wels, franc : 13 , mark . 2 lira franc , drachma ... Madrid, peseta Vienoa, crown Budapest, crown Pragie, crown - Warsas, zloty hagen, crown 0 Re tinia, crown Kuhn, Zurich, 0173 1427 000014 00014 THE FIRST CONSIDERATION FAMOUS PLAYERS' EARNINGS. NEW YORK, January 23.—A pre- liminary estimate of Famous Players- Lasky Corporation 1924 earnings is $5,850,000. equal to about $20 a share 235,931 common shares, against or $14.98, in 1923, $4,110,987 in 1922 and $5,337,119 in 1920, THE DEPARTMENTAL BANK “YOUR BANK" 1714 PENNSYLVANIA AVENUE N.W. Under United States Government Supervision MAY “BOOST DIVIDEND. Had —in any investment is unques- tioned safety; interest return, however important, counts for much less. the title Coca Cola Company Has Specially Good Year. NEW YORK, January 28—The financial district hears that directors of the Coca Cola Company at their meeting in Atlanta, Ga., next Monday will discuss the advisability of an In- crease in the common dividend, which ls now $1.75 quarterly. The report for 1924 is expected to show close to $12 a share earned on the common after all charges and preferred divi- dends, compared with $7.66 a share reported in 1923. The company's cash position 1s understood to be good. s s e ] MORE COTTON GINNED. ROAD’S EARNINGS GROW. NEW YORK, January 23.—The pre- | Census Figures Show Marked In- liminary earnings statement of the crease Over Year Ago. St. Louls-San Francisco rallway for December shows surplus of $560,000| Cotton ginned prior to January 18 totaled 13,308,037 bales, including Cosden rta Petroleum 48 March 15, 19 Marcn_ 16, June 15, September December Mi ... 100% *L 10043 2 1006, 1003383 99 1516 100 1-32 19825... 101732 101 516 1015 SRR e, BANKS REMAIN OPEN. Baltimore Refuses to Let Eclipse 15, 15, 1626, . S in, 1620 100 March 15, 192 Décember 13, 1927... 101 2 We offer FIRST MORTGAGES Over a Quarter Delay Business, #pecial Dispateh to The Star, BALTIMORE, January 23.—Beyond warning those with pay rolls to de- lay transporting any large sums dur- sng the progress of the = eclipse tomorrow, the Baltimore Clearing House will not take any action to Xeep its member banks closed until the end of the cclipse, according to Waldo Newcomer, president. The clearing house did not think it ad- visable to have the banks open late, gs it would cause too serfous an in- gonvenience on a half-day. The eclipse will cause partial dark- ness In Baltimore for approximately £0 minutes There Are No Safer Investments of a Century Without @ Loss. —based on Washington real estate, which provide the maxi- mum in protection for the in- vestor’s money. = HE %% 50 —than the First Mortgage Notes se- cured on reliable Washington real estate and issued in denominations of $100, $250, $500 and $1,000 by BOSS a» PHELPS LOAN DEPARTMENT 3417 K Street NW Main 9300 193 - $2.00 Mont Lt Ht & Pw Q 1%% N Corvelin Cop. Rep Ir & St pfd. Bherwia Wil Do. pfd... .. U S Cast Tron P. Do. Feb 23 Apr 1 Feb 16 Feb 16 Mar 2 Mar 16 Jupe 15 Rept 16 Dec 15 Mar 16 Juge 13 Their interest return—6% % payable semi-annually, B. F. SAUL CO. Main 2100 925 15th St. N.W, after all charges, an increase of $59,- 000 over the same month the year|307,352 round bales, counted as half before. This brings the 1924 total to | pales, and exclusive of linters, com- $5,918,872, equal to $12.15 a share on | pared with 9,944,032, including 233,- the outstanding common stock, after | 01 round bales, to that date a year allowing for 6 per cent on the pre-|ago, and 9,648,261, including 168,428 ferred, compared with $7.39 a share in [ round bales, to that date two years 1923, ago, the Census Bureau today an- nounced. The revised total of cotton ginned Some people use their eyes to search | prior to December 13 was announced others’ thoughts rather than to reveal | as 12,795,379 bales, from 15,363 m-l thelr own, = nerles ian LIVE POULTRY HIGHER. CHICAGO. Poultry— Alive, higher: Springs, 27; roosters, 16; ; eese, 22. Love doesn’t laugh at the locksmith often enough to enable him to pose as | @ professional humorist. STO&S EX-‘IVIDEND. Corporation. Januar fowls, 18a26 Jan 24—Pacific Bank: $an. 24— Washburn-Croshy ¢ Lk B