Evening Star Newspaper, January 24, 1925, Page 20

20 i BABSON SEES GAIN NCOPPER SALES Expects Utility and Railroad Companies to Be Heavy Buyers During Year. BY Dispatch ROGER W. BABSON. The Star W HILLS, Mass., Jan- uary 24—Higher prices have been forecast for copper for over two years, and while there has been some trengthening in quotations, the in- crease has been slight. Copper has suffered a long period of depression The dullness has been due to many Teasons; first, to the tremendous sur- plus that was produced during the war. Unlike many and other semi-perishable goods, this copper was not destroved, but was available at the end of the war for commercial uses. It has taken about six years to use up this surplus war production second reason the continued low prices has been the opening of great low-grade mines South America, Africa and other for- eign countries EBpe: World Competition Grows. We have always known that cop- per existed in par Africa, and only the high price and keen demand | caused by & great war was needed to give investors courage enough to de- velop these distant properties. Un- fortunately for the rest of the copper industry, however, these new devel- opments became feal producers only after the war was over. Adding war articles of food | for | in | | REAL ESTATE. THE EVENING STAR, WASHINGTON, D. C, SATURDAY JANUARY 24, 1925. NEW G STREET STORE surplus to new cheap production, it is | quite remarkable that copper prices | did &0 much lower than they did. Today the situation is much im- | proved. The surplus supplles have been used up. The market has be- | come adjusted to these new low- srade ducers South America and 2 while the demand ha: been increas Gen- | eral reflected by the| ng at & per cent | Copper is in a better 3 than it has been for al years. This is evidenced not only by the strengthening in the| price of the metal and the increased employment in the industry, by the fact that investors are a lcoming keenly terested securities. he recent decl: dividends leading produ as above positic seve: normal today M. Sworzyn Sons, Inc., are remodeling their store at 1219 G street. An ad- t will be of Indiana limestone. | STONE MOUNTAIN COINS NOW COMING FROM MINT Contederacy Will Distribute Special Half Dollars. | | By the Associated Press. L. The bour ailroa the orosper orosper lic util without the & with the utilities, especially fight companties, are ion today pistory. They ith investo his prospe ost elopn nd fnone: rove money The pper. vear shou ee tties sold than | Hecade ord to do certain : rificati he cc hese two & flemana for copper in connection with | uilding and for other industrial pur- poses tantly increasing. The| ow pr sopper during the past ew Year ctor | n de: e netal basis for fc has been ng thes. herelc the of itsel Changing Conditions in Industry. All this de the per 3 to boom s it has act that y to ma he production as been very erc and has fallen ¢ urplus the price ha below productic usiness boomed hortage of th d. This proad moveme ies and for n them. Of co hese old conditions t is very probable that they The - America, Af Fompletely chan place of a spe ow become a ot as attra but it is nvestor. Copper, ts productio: an tha It sudde there cau we se it v should be fonably sure of this profit Fear out. This should take ut of the gambling class and the se- urities should be considered with the teel securities or other copper se- urities representing basic industries New Investors Needed. One thing more should be pered; investc copper stocks du ng the past neration have best acquainted with the lake prop- rties. M properties have competition with the ewer low-cost producers hese, hold prs of copper stocks have seen their apital ‘gradually fade away. As a Fesult they are sick of copper. On the brincipal that the burned cniid will | firead the fire, they will buy no more | opper stocks, even the stocks of hese new wonderful low-cost mines. This means that a new group of in- | estors in « must be born and | ‘eared. This is now going on, but it will not be many years before a new roup of copper shareholders are eady to ack the industry. Wise are hose Investors, however, who pur- hase that time comes, The wa ke money in he stock market Is to buy securitles hen no one else wants them and hen sell when they become popular. Petworth remem- | but 1ater, on the plea of counsel, PHILADELPHIA, Janu 2 ) ng has begun at the hiladelphia Mint of the tone Mountain dollar mm ating the valor of oldiers of the Confederacy and ing of the colossal memorlal Mountain, made from designs m tzon Borglum, the sculptor, are the size of the standard half dollar. The act of Congress provides for a maximum coinage of | new ¢ submitted by half | God the new tamiliar “In " across the top in an arc are 13 stars in each and one of five obverse side em- s of Gens. Robert E. the lower left of the the words “St vear of coinage. topped with the | of America,” | Pluribus Unum" directly | has in the right center the re of an eagle sitting on the sum- | of & mountain. To the left ap- the words “Memorial to the of the soldier of the South. At the bottom is lettered “Libert with “half dollar” bencath | Incised on the obverse side are the | | | is The faeture of braces the figu nted. The nted figures with the reverse sid “United Stat mit pears valor initials of the sculptor, “G. B." HUGE STILL CAPTURED Operators Escape After Gun Play | County, Va. Special Dispatch to The Star. RICHMOND, Va Prohibition Agents J. €. Dillard and J. N. Wood have reported the taking | of a 1,000-gallon still with 4,500 gal- of mash, 2 barrels of liquor and pment e place was| short_dist from Wor- | ore. in Powhatan Coun capture was attended with Jlay of weapons. men operating the still man- i to make their escape in Powhatan January 24, h -ated am’s equ Ogle Loses Plea for Retrial. Alvin C. Ogle, known as “Baby,” a | former policeman, weighing more han 500 pounds, was yesterday denied a new trial on the charge of a sec- ond offense of violating the national prohibition act. Justice Siddons im- posed a sentence of 60 days in jail, re- voked the sentence and gave the for- mer officer 10 days in which to ar- range his affairs. IT STOPS THAT COUGH JUNIPER TAR COMPOUND GIVES QUICK RELIEF FOR Coughs, Colds, Sore Throat FOR OHILDREN AND ADULTS USED 50 TEARS WITH WONDERFUL SUCCESS 35c A Bottle At All Druggists PON'T EXPERIMENT! Thi edicime has !elllv“ - will reliose you. Inspect Sunday This Detached Home Illinois Ave. NW. B Colonial Homes tng six large rooms, tiled bath, spacious pantry, hot- water heat, hardwood floors, sleeping porches. contain- Servant's toilet in cellar. Sample House No. 4914 IIl. Ave. NW. g FLOYD E. DAVIS Realtor 7th and E Sts. S.W. Main 353 3919 Davenport St. N.W. Representative On Premises Price, $5,675.00 $350.00 Cash $52.50 Per Month (Including All Interest) Hot-Water Heat Electric Lights Hardwood Floors Long Lot Room for TO T PECT: sin Ave. car to walk one block Garage Take Wiscon- Davenport St., east. 322 Maryland Bldg. 1410 H St. N.W. Main 727 | Maru for repatr | they | consul they | ditlonnl three stories will also be added to the structure. The estimated cost | be 8100,000. Special designs for the bullding have been worked out. The ESKIMOS, LONG CAPTIVE, START BACK TO ALASKA Association Erecting Memorial to | Party of Eleven Leaves Manchuria After Year on Wrangell Island. By the Assoc HARBI even A two wom Monday r Seattle and Nome ted Press Mane! skan I a year on Wr. were T lasi August vostok and anchurian border pe The Eskimos told had Canadi They left Kotzebue, 1923, with Capt year later the October, took A Ru tion, 1l Island, cued by One child died at Viadi- another on the Siberian- rmission to cross the them Jan Kkim after a while d the been engaged by ompany for trapping foxes. laska, i sslan off vary 24.—| including | nd five children, departed by the steamer Iyo | spending | from which Soviet roul to ship awalting | trontier American n August, Wells in command. A ship Red | Wrangel | Island and landed them at Viadivos- tok, coast fiscated passing close a dozen gu The Russians, the they ns, a to A say, couple skan con- ot hundred fox and bear skins and wal- rus tusks. Capt The American aries and the Y. the Eskimos wh Harbin e A they Wells died at Vladivostok consulate, mission- cared for were at |COLD CLOSES POST OFFICE Clerks Unable to Work at 65 Below Zero. FAIRBANKS, Intense cold, caused here to we inad Alaska, January which started Saturday, the United States post close Wednesday. equate 24— office Heating to keep rs of the clerks warm enough mall. below distribute registered 65 | all records in this ai Ther zero, stric mometers breaking Highway Stockholders Elect. | Special Dispatch to The 8t McLE Wash ville Highway Co., stockholders' meetir rectors as follows per, Herman E. N, ¥ Ji Gasch, ar anuary sty g eles Robert E 24.—The ngton, Great Falls and Dranes- Inc ts annual cted di- N. Har- T. Simp- son, Peter A. Drury and B. A. Bowles of Washington, D. c JDU 8. Mackall, rper and Ralph T. Powell of k Turner, y M. Follin of Forest- of Leesburg. The President, dne lle; E. B, directors elected: Harper; all; White secretary, vice president, Ralph r, John D. T, treasurer, Herman E. Gasch Large New Modern F xreproof BUSINESS BUILDING WAREHOUSE On Railroad Siding Located in Industrial Zone, Suitable for Any Line of Business 605 to 617 Rhode.Island Ave. N.E. On Baltimore Pike Thoroughfare Lot 125x125. Main building contains 22,500 sq. ft. Also fireproof garage for trucks, Owner leav- ing town and will sacrifice to quick purchaser. Many Special F wtural——lnspect at Once 14th and K Sts W. Pres- Robert N. S. Ma. Powell; Exclusive Agents (Continued from Yesterday's Star.) We could have cleared beyond range at any time after dealing with the Merlin, and our only reason for prolonging the business was to see that the pilots were picked up. We did not want any of them to be drowned after an extremely plucky fight. It was for this reason that we swept the gas from about the Merlin and told her her engines were all right. When we saw that all was well, we gave the airship her full lift of gas and made eastward out of sight, where we turned south for a space before swinging westward and home to examine our hurts. The damage done to us by the Merlin's guns Wwas not important, and we considered It valued at the measure we had taken of the plane's capacity against us. She had raked the dining quarters of the crew, wrecking them almdst, and had plerced several of our ballonets, but had missed everything vital. There were no casualties to speak of, mave that Billy Haynes took a machin gun bullet In the leg, a mere grase which did not even make him limp But, unimportant though the damage to the Ark of the Covenant was, it was enough to put her out of actlon for @ space and necessitate the com- missioning of her sister ship. The Ark II was fully equipped and had been tried. She was in a state of complete preparation to take to the atr. The swiftness of our fiight, which | was far beyond the speed of any | known dirigible, and the fact that we had two ships, did much to create the impression among our pursuers that we had & number of bases. We has- tened to complete that Impressiw: sixty hours after our encounter with | the Merlin by a descent on the other side of the Atlantic. Here we raided several ships in the Carribbean early on the following Wednesday morning. We knew from messages that our most avid hunter still was looking for us off the coast of Africa Early next morning Travers Lip- pencott in an automobile picked me up in the country outside New Or- leans. He had been informed of our | needs by a mysterious and Incom- prenensible wireless message from us, kindly exhibited as a great find by all the newspapers. I was conveyed |into New Orleans and after a long | consultation with Lippencott on_the | situation, I went to New York first, then to Washington Our purpose in this action was not s0 much to spy out what preparations were being made for our reception in the event of further land raids, though I learned a good deal abou this incidentaily, as to discover how | ripe the time was for further develop- | ment of our ideas. It was easy to | See that people were in & state of no town knowing nervous tension, Qe R Downtown Apartment New Modern Bullding 1210 12th St. N.W. One réom, dressing room. a real kitchen, bath; unusual Yeatures. Open for Inspection B. F. SAUL CO. | Main 2100 925 15th St. NNW. 5 g g H £ H = 2443 37th St. N.W. Near Western High Schoel Price, $6,950.00 No Finance Charges 2600 Cash Paymenmt Bal. on Easy Monthly Payments These Homes are of pressed brick, electric lights, gas, hot water heat. It will pay you to see these homes Sunday CYRUS SIMMONS 1410 H St. N.W. Main 1023 of floor space. RIS CAFRITZ GO ¥ [MOR Main 617 THE BEST BUY IN PETWORTH Price, $9,750—Easy Terms It will pay you to inspect these MODERN HOMES Situated as they are, adjacent to the new Sherman Circle, assures the buyer a positive future value. DESCRIPTION x large cheerful rooms, hardwood floors, elec- tricity, hot-water heat, one-piece white enameled sink, enameled gas range and kitchen cabinet; tiled bath, with shower; concrete front porch, ten- foot wide rear lot 142 feet deep to wide alley. Many other at once. porches; 38 attractive features. Sample House, 510 Decatur St. N.W. y and Sunday Until 8 P.M. SHAPIRO-KATZ REALTY COMPANY OWNERS AND BUILDERS 1409 L N.W. Open D Sold } TheAk of he Covenant 1‘ A Story of Mystery and Adventure BY VICTOR MacCLURE. Copyright, 1034, by Harper & Brothers. |and T had become close friends in the when the mysterious enemy would come down upon it. Our robberies in Europe and Ame: fea had Induced panic in banking circles, and a wave of deepest de- pression was sweeping over business. For myself, I was almost appalled by the ohaos that reigned in the mar- kets, for I well knew the regular prices of the best American securities, and these were selling at ridiculous figures. So far, it was plain, our plans had succeeded beyond our wild- o8t hopes, and the time was ripening for the enlargement of our campaign The rumors of war which had been rife In the early part of the year had faded away-—the nations were too busy suspecting each other of being behind the raids, The position of a spy is never agreeable, and I cannot say that I enjoyod meeting old friends, who in- sisted that as a known alrman I should take & hand in the pursuit of the raiders. It was not pleasant, again, to hear men bewalling the condition of affairs in businesses they had bullt up by the honest work of yeurs. 1 felt as if I had stabbed them In the back, and each new grip of the hand from friends who were suffering only deepened @ conviction in me of villainy. It would hardly become me to examine my feelings futther, since I carrled on with my task. Fortunately for my investigations, I was well known in America, and to reach the President himself was a matter of no great difculty. The presence In Washington of Lord Al- meric Pluscarden made things easier, because I had often stayed with him and his niece, Kirsteen Torrance, at thelr country house In Kent. My re- lationship to Lord Almeric had been one mainly of business, but he was g00d enough to desire my friendship well, and he and Miss Torrance few years I had known them It was something of & shock, then, to find Miss Torrance—and Lord Al- meric in a degree slightly less em- phatic—so deeply set on the discov- and defeat of the league of | 1 was rather an important | member. 1 found myself in a posi- | tion of secret personal antagonism | to friends for whom I cared a good | deal. It was ever on the tip of my | tongue to start defending my mo- | tives for acts which they condemned | without knowing me for the perpes trator. I should have escaped earlier | from Washington, except that I had a lively curiosity to see this Jimmy | Boon, of whom both Kirsteen and her uncles talked with such warmth and, I think I saw, affection. The name was famillar to m one of a man who had done remarkable things {n the develop- ment of aviation, and indeed I saw his name every time I examined the exhausts of our airship engines, for it was his double silencer which per- mitted, the stealthy approach for which We were 80 notorio: That James Boon piloted the Mer- lin which nad put up such & good fight against our airship was an ad- altional fector in keeping me fixed to my uncomfortuble position in Washington. I was hoping that the Merlin ‘would return when it was found that haunting the coast off Mogador was without profit. But for that, 1 should have gone to New Or- leans and waited there for the tim when the Ark of the Covenant was to vick me up again on a date already fix -d, The Merlin arrived on the last day ¢ May, and I met our principal an- agonists at the White House, a seen told. Then I learned muc! which interested me, and would inter- est the chief. There was no doubt that Boon and his sclentific friend, Lamont—though I must not forget the redoubtable Milliken—were a re- markable combination. It was not at all unilkely that in the long run we should meet again, and it was quite probable that their temacity would bring them into close range of the hiding-place of the league. . left Washington on the Friday following my first meeting with Boon and his friends, and my hint that they should ask the ralders why they raided was dropped by intentlon. The Ark of the Covenant picked me up on the Saturday night, and on the Sunday night we were out over the sea due east of Washington, waiting for some vessel through which we could answer the wireless message of the President. That we fixed on the Pershing was the merest sccident. She was the handiest for our purpose—that was all, We fcund the boarding of the bat- tieship decidediy difficult for the rea- son that she Btill steamed after we had brought the gas about her; the members of her crew on the upper works became unconscious, but the gas apparently did not percolate into WANTED THE SERVIOES OF alesmen ¥or the Higher Priced Homes Apartment Housea Business Properties We Offer n Real Opportunity to Men of Ability Walter A. Brown Sales—Rents—Loans—Insurance 1400 H St. N.W. Established 15990 1 Downtown Business Property FOR RENT 1024 7th St. NW. Excellent Location for Most Any Mercantile Business Reasonable Rent Long Lease B. F. SAUL CO. 925 15th Street N.W. Main 2100 REAL ESTATE. the engine room. We had to keep pace with her and carefully let the gondola light on her after deck. Tak- ing small bombs of the gas with us, we went forward and got down to the engine room, where we slung our missiles. Then one of our engineers brought the ship to, and some of the seamen released her anchor tackle We left the message in the wireless cabin, and immediately set off for Washington We were over the Capital when the message was relayed there, and we picked it up while we were hovering high above the city. That was the moment we were walting for. A little time was allowed for the deliv- ery of the message to the President before we' swooped down on the White House, bombing as we_came. A few minutes later, the gas Raving been carefully drawn away from the Mansion, the master and I walked into the room where the President lay unconsclous, with Boon, Lamont and Miss Torrence with him. (Continued in Tomorrow's Star.) FUNDS ILL DRAFTED. Measure Would Require Campaign Gift Reports. Senator Walsh, Democrat, Massachu- setts, completed the draft yesterday of the bill requiring every political commit- tee to make quarterly reports on cam- paign contributions, with special state- ments {mmediately before general elec- tions. It also would require complete re- ports before and after election from candidates for the Senate and House, with an itemized account of each con- tribution and expenditure, together with a statement of promises made. Expenditures for a senatorial candi- date would be limited to $10,000, and for a Representative to $2,500. Senator | ‘Walsh plans to offer the blll as a rider to the postal increase measure Main 2445 YOUR APPROVAL. | Bucharest shortly, ELECTRIC REFRIGERATION BETTER REFRIGERATION FOR LESS MONEY Domestic and Commercial J. M. FURNAS ELECTRIC RANGES—WATER H AND IR0 TOASTERS, IRONS. CURLERS, WEATING PADS,_ETC.. DELIVERED SUBJECT 70 PHONE YOUR REQUIREMENTS. RUSSO0-JAPANESE PACT DISTURBING TO RUMANIA Serious Misgivings Now Felt for Ratification of Bessarabia Treaty by Tokio. By the Associated Press. BUCHAREST, January 24.—The an- nouncement of the signing of the Russo-Japancse treaty is arousing serious misgivings in Rumania. A treaty recognizing Rumania’'s right to Bessarabia was signed in 1920 by eat Britain, France, Italy and dapan, but has thus far been ratified only by the British and French par- ltaments. Diplomatic negotiations to obtain the Italian and Japanese ratifications have 80 far been without result, the Japanese wishing to postpone action until after the approval of Italy has been given. It is now feared here that the new treaty signed at Peking may affect Bessarabia. It Is considered significant that the Japanese minister |s acheduled to leave without any indica- tion having been made regarding the appointment of his successor. | Hyattsville Hills | New modern bungalows, beauti- | fully located, 5 rooms, hall and | bath, all conveniences, open fire- place, hardwood floors, electric lights, gas range, wash trays. Second floor can be finished Into Prices, $5,550 to $6,550 8250.00 to $750.00 cash payment, | balance monthly like rent. H. A. BOSWELL Hynttaville, Md. Phones Hyatts. 202 and 147 1115 Connecticut Ave. 'ERS—CLOTHES WASHERS RS mmnunxtm:xxxwwmm JAMESON-BUILT HOMES! Inspect at Once Only 1 Square From 14th St. Car Line 6 large rooms, attic, tiled bath, h.-w.h., electric lights, double fioors, built-in ice box, servant’s toilet, wide, double, rear porches, cement front porch, deep lot to wide alley. Ask the Man Who Omns One Built, Owned and For Sale by Thomas A. Jameson Co. Owners and Builders 906 N. Y. Ave. N.W. Phone Main 5526 For only $7,550 Can you find a splendid new 6-room Home, in a high and healthy genial and desirable neighbors? left—and they can’t be Built-in Garage. Double French d Rooms large and Fine tiled bath. Large, Jewel cabinet. bright kitchen, Range and combination location, among con- Not. many duplicated! loors throughout. cheery. Detroit Double rear porches, large front porch. Numerous roomy Electricity, H.-W.| chests, H. Exhibit House, 228 Cromwell Terrace N.E. Open and Lighted Dally till 9 P.M. Take G St. car to Rhode Island Ave—or drive out R. 1. Ave. to 33 St. N.E. then morth to houses. Large Corner Lot Colorado Budding 1500 Allison St. Bath and Garage Open for Inspection, Sunday, January 25th L:E BreuninGER & Soxs BUILDERS and REALTORS $338383238383883838883833883838883832383383883338 8 Rooms — Main 6140 3308888008800t 08888st008ssste00000000000000000000002828888888888 Q. A. Q. A Not enough cash? Q. No plan of how plans and specifications? to A. Our architect will wor Q. High architect fees? A. havé our own force. Q. Inability to arrange without a large bonus? build your home at a saving Edgemoor or Battery Park. home problems with Major past eighteen months. Let us Main QUESTIONNAIRE NO. 2 We know that you would build your own home if it were not for the following reasons: We make our terms to suit you. No suitable location at a reasonable price? In Edgemoor and Battery Park we have the most wonderful home sites at prices tanging from $1.200 to $4,000. plans and specifications, without cost to you. ‘There are no architect fees to be paid by you. We A. We charge you'no bonus on your first and second trusts, and you only pay six per cent. Q. Inability to find a reputable builden, who can sell you a lot, have your plans and specifications made, attend to the architectural details, arrafige all your financing and Investigate our proposition. ‘We have built and sold sixty-nine detached homes in the Maddux, Marshall & Co., Inc. 1108 16th St. N.W. get your ideas into working rk your ideas of a home into your first and second trusts to you? Ask any home owner in Come in and talk over your Maddux or Mr. Crutchfield. build yours. 8970