Evening Star Newspaper, May 19, 1925, Page 31

- n FINANCIAL PORKPRICES UP; LAVB IS CHEAPER "Candled Eggs and Average Receipts Also Higher. BY WILLIAM F. HEFFERNAN NEW YORK. May 19.—Those work |ing on the side of high prices held | the upper hand toduy. After the first two hours of further progress. how ever. the higher price level uttracted considerable profit-tuking which car. ried the selected favorites down sub- stanitally from the best figures Southeastern Power zained over a point, then reacted from 107 to par hefore selling was completed. Com Beef Unchanged. | A firmer market prices of this advance the pork morning. | condition reported a slight be- cause of increases in the West, it is siated, packers reporting an Inability | to break even at old pi Beel pri was taking remained practically | unchanged. he mark: continues fitm of top beef, dealers report. while | lamb is slightly cheaper The egg market was reported very | firm th morning and prices were higher than last week Selected. | candled stock was queted at 32, while average receipis were 30 and 30 i Today’s Wholesale Prices. | Butter—Fancy A2add: prints 55 store packed Fancy, selected average receipts. 30a30's B Poultry — Alive. hroilers. 40a45 white Leghorns, 35a38; heavy fowls 5a29: medium fowls, 26a27: keats, 40a 73 geese, 15a1%; ducks turkeys, Dressed, fowls, turkeys Sa32: ducks, 20a23. Live stock—Calves, choice, 11: me dium, 10a11; lean, 8% Lambs. Spring tha1S. Live hogs. 13a13': Meats—Beef, 17a15: veal. 13 lamb, 30: hozs, loins hamg. 27a30: shoulder 20. Fruit and Vegetable Review. Today’s market report on fruitsand | vegetables, furnished by the Market News Service Bureau of Agricultural Eeonomics, said Cabbage—Early tub, o) candled, 30 Spr supplies lizht: de- mand moderate, market .teadv: Vir zinia, Norfolk section. and South Caro- lina, barred crates, pointed type, most- v.2.50; some ordinary quality and con-| dition de: st upplies moderate od stock, market €arolina eck hampe; Boston type, poor quality and condi ion, 30a1.00; California, central dis trict, crates, iceberg type, 4 dozen. | 43.75; few, 4.00. Onions—Supplies moderate. M‘lnvnnl“ moderate, market fairly steady; Texas siandard crates, vellow Bermudas, | commercial pack, mixed, Nos. 1 and 2, a4.00; mostly 4.00 Potato Market Firm. Potatoes—Supplies moderate: de- mand moderate, market firm. Old stock: New York, 150-pound sacks| round whites, U. 8. No. 1, .60, mostly 250, New stock: Florida, | double-head paulding Rose, ! U No South Caro- Irish | most- | i supplies lim- ! for good stoek,' narket unsettled; North Carolina, -quart crates. various varieties 45085.00; some ordinary quality and condition, 2.00a4.00: Virginia. Nor- folk section, no early sales reported Tomatoes Cheaper Today. 1 Tomatoes—Supplies liberal; demand | rioderate, market slightly weaker: Florida. sixes, ripes and turning. wrapped originals, best fancy count, 4.00a4.25: choice count. 3.00a3.50; or dipary quality and condition, faney | and choice count, 1.50a2.50. i String Beans—Supplies light de- mand zood for good stock, market steady: South Carolina, bushel hamp- | ers. green, ordinary quality, 2.50. i Peas—Supplies very light! demand | moderate, market firm; Virginia, Nor- | folk section, 5-peck hampers, small-pod | varieties, ordinary quality and condi- tion, 1.50a2.50; mostly 2.00. Peppers—Supplies light; slow, market fairly steadyv; crates, No. 1, 2.502.75; No. 2.00. Cucumbers—Supplies light; moderate, market steady: square bushel crates, No. 1 culls, 2.00. GOLD MINES DIVIDEND RAISED TO 20 PER CENT $1.03 Per Share on $5 Shares—Big fted: demand =oo: demand Florida, 2, 1.76a | demana | Florida, | 3.50a4.00; Hollinger Company Earns Surplus. Be'the Associated Press. MONTREAL. May 19 report of the Hollinger Gold Mines, Ltd., for 1 urplus over dividends of nea million dollars, as compared with a defieit of about a quarter of a million | the preceding vear. The dividend jyas increased from 13 per cent annually to 20:8 per cent. Net profits for the vear | amounted to $1.03 per share on the | shares, this heing equivalent 1o 20.75 per cent, and comparing with 80 cents per share, or 12 per cent. in 1 The annual | Consolidated FORD’S RAILROAD EARNS | $13.17 PER SHARE IN YEAR | GW YORK. May 19 (#).—The De- troit, Toledo and Ironton Railroad ! earned $13.17 a share on the combined | preferred and common stocks in 19 with net income of $1.719,290. This compares with 31,417,036, or $11.34 share, in 1923, Gross revenues we $11,995.758, against §10.417,412 TODAY'S MONEY RATES. NEW YORK. May 13.—Call money steady: high, 33 low, 3% ruling rate, 33,; closing bid offered at 4: last nan, 3%: call loans against accept ances, 31,: time loans steady: mixed collateral, 60 and 90 davs, 3%: 4 to & months, 3%a4; prime commercial pa. pey, 3%a4. FLOUR PRIC MINNEAPOLIS, Flour, harrel Rran, ES LOWER. Minn, Ma 10 cents lower at 9.10a9.70 Shipments, 30, barrels, 00. Py Ee WEALTHY BANKER DEAD. HINTON, W. Va. May 13 (@ lames T. McCraery, §1. wealthy bank- er and coal operator, died vesterdav afier an illness of several months. He was_president of the National Bank of Summers. the Piney Coking Coal land Co. McCreery Central Poca- hontas Coal Land and the James T; McCreery Co. = m i pieeds SOCIETY TO BUILD BANK. PHILADELPHIA, Ma 19 (Spe- rlal).—The Philadelphia Saving Fund Society has bought eight pieces of property in a central location and will erect a big office building and bank A% soon as the present tenants can he gotten out. ip| A Word te Speculat. It vou must speculats, select a rep- utable broker who holds member; M-a recognized stock exchange. Kxz- change requirements, in themselves, are some protection, as its member: st comply with business ethics as fded by rules and regulations.| a member violates these rules, he hazards his membership, which s usyally his greatest asset. | Rogxd"Realty | ot nern Bids monwealth 'ower common, which is xpected to benefit through a merger cted to 133% sfter closing at 158 rheofeature in the bond section wa @ rise of more than points in Stand ard Gas and Flec: « vertihle Rlix C YORK al list truded in on Market today Sal May of the 19 honds New and York stocks Piw & 14w PE L Sumai T 70y Rl Mil s Andtan Nat (i 2 Am Thread Co Anaronda 0 'GE A & WSS ES Ro § 2 Grand Teunk 8igs 1 1601 0 Cor 5 13 Pup ser 3 S P M Gs C Pow s B Park & Til Bs 3 Penn Po & 1 PeP &L 8D Pennok ila R 1 1on ] 101" 1011 101 10013 100 i R i o1 0114 an e, D88y het Ruh g Rub fl3s 39 Rub 8% 40. coum’ 0Nl 7e Webs Mills FOREIGN BONDS 1ty Bogota s ACIY Gras Ss Gy Ot 6e RR France fench Nat 7s Ind M B Finid Kem Neth fe 54 Erupp Fried L Mor Bk Denmi Teru fa 32 2 Russ Govt Blas Russ G Biga N ot Siems & H' 13 Sie Sales 108 7 STANDARD OIL ISSUE nglo Am Oil 8 At Lobos 10 Borne Scrymser 10 Buckeve P L mberland P L 5 Gal Sie O : 00 Humbls 01 & R 20 111 P 1L 00 Tmp O of Can nw 10100 Inter Pet € Lid. 0 Magnolia Pet t Transit Y Transt.. 400 Ohio Ol . 8300 Prairie 0 & G nw 96 Prairie P L. 1 120 Solar Refi £0 South Penn Oil 50 Southern P L 194005 O Ind. .. 4008 O Kansas 3008 0 Kentucks 508 O Nebraska 25008 0 N 108 0 Ohio ) Swan & Finch 1560 V. oil. Sales in T hundrods. 6 Am Maracaibo 19 Arlk Nat Gar 215 Cities Service Washington Stock Exchange SALES. Washington Gas 1,001 at 100, 00 ar 102 AFTER CALL Potomac Eleetric £. & T cAMa1 Teaction Co.—10 at 951 apital Trac 0.— 510 Capital Traction 36—3500 at 9. Money—Call loans, 3 and & per cent. Bid and Asked Prices. BONDS. PUBLIC DTILITY. B s 1053—5100 at Asked Tel. & Telza. 4x..... S5 Amer. Tel. & Telza. 4 }as Am. Tel. & Tel. ctl. t. Ba Am. Tel. & Tel. conv : Anscostia & Potomac Ana. & Polomac suar Telephone. 58 & P Telephone of Va Capital Traction R. R. 5. Amer City & Suburban Ba.. ... Georgetown Gas 18t el Potoma 1st B, Pot. E. Pow. §. m Wach.. Alex. & Mt Wash.. ‘Alex. & MtV Wash., Balt, & Washington Washington waen. Rwy Wash| Rwy LLANEOUS, 101 08 1 oK 101 o3 101 Pot. 1. Stk Realtv 51y Waeh. Mkt Cold Storage s Wardman Park Hotel 8e.... STOCKS, PUBLIC UTILITY Amer. Tel. & Teiga 137% Capital_Traction. par Washington Gas.© .. Arfols & Wash. Sieamboat Waslh. Rwy. & Elec. com wa ¥ & Elec. pfd Terminal Tax com Capital Columbi Commercial & Mechanics American Metropolitan Second .. E Natl, Baok of Wasbington. Americ: Continental Tru Merchants' Ban! National Savings & T Trust... .. Loan & Trust SAVINGS BANK. Commerce & Savings..... East Washington... ... . Security Sav, & Com. Seventh Stree United_Statel Washington rust. ion . Wash. ¥IRE INSURANCE. American Corcoran Firemen's National Tinion... TITLE : a Title Ao Watate Titie MISCE D. C.Paper ptd........... Nnrchante Trans. & Siorage Mergenthaler Linotspe.. NeiE Mige: & Tnvest pld. O Duteh Mkt com." . Old Duteh Market pid fanston Monoty gecurity Storas How Foa YUY dividend - =t o352 B3 NEW YORK CURB MARKET Received hy Private Wire Direct te The Star Office Following is | Curh | 10 at | : |unchanged, but the market generally THE which went forward sympathetically | | With the common shares on the stock | exchange. | “The improvement in American! | Rayon Products Corporation was more !than maintained. the price sstablish-| ing # new high above 30!, The shorts in Victor Talking Muchine found that | | they had to bid the price up another points when they tried (o cover in| their commitments, but later the Ii'l'hm- dropped back to gain. Mengel Com- | pany went up almost 16 poinis al- ?lhnl zh there was nothing new (o a ount for the strength Traders appeared to he waiting fur ther constructive developments in the i + So mew E e 622 Colum) 21 | 108 Cont 0N+ 9 ! 1A Crenta Synid i % 11% | | a ( 1 Pet 0N Corn. Penne's i Corp Red Rank O1l 0 & INDUSTRIALS Adirond Pow : 2% | Adirond s nf ! Armour Co B i : { fysey 2 2 B 3 R Brit-Am Toh coii S BricAm T°C Yop 4 Rilyn City R R Brown & Wil B 35 Bucsrus Co & Ruif Gen ¥ 1 Campn Soun B i izt TN 3 Canada Drv' G | y Canaia Drs G ; Caralina P& 1. Ceatrif Pi Cor | o Sac & G | Chatterton & Son 3 arysler Mot wi i Cleve Auto 3 . Cleve Auto nfd % Commonw ¥d Commonw P C Commonw P C pf | | ' ubilier € & Rad Dunhill fntl 1 2 Durant Mot e Dz Co 4 My E) Bon & Sk bl 108 EI R & $h nw ror 801 4 E] Invest Inc.. B&% 1EI R Seoure 0l 181, 3 Lite.. 76 0 %1 3 Frank H H Mig € 20 1'2 Frankk H H MC nt &4 11 Freed-Eise s Gen R¥ Sig - b ! 3 gl Hann Can St 4 | e’ Corp.. Chem Contl T Intl Cone Ind € 51t Mateh C pf. 1t Tt B R Jones Radio. elvinator €. Kraft Cheess { Landr Hold C A 83 Leh Pow & vir ALeh Val € NC 4 Marc Wire Tel ( 8% Mengel Box.. Mesabi Tron . 370 Mid Weat Uil 371, (14 o, 267y % Mid West U Pid 07 3¢ Mid West U p In 1057 1% Mid West U rts % % Miss River Pow. 1 Motion b 11 Music g Iy 3 Tel 0’ pfd 1 Pln w0 States P ¢ P Contin A S 4 Corn N 3 Pow Sacor Cor | Pitts Plate Glass | Pratt & Lamh € Puh N1 Puge Pa Purity Bak A Purity Bak pf Pyrene Mf, 3 Retd Tee Cloam 3 Rem Noise Tp Rem Reo gt i 2 Rova Radio Sl Gel Prod vic Singe So Cal Ed B of.. St Regis Paper. 5 stutz Motor v - Swift Int! iy Rwilt & C 4% Tenn Kloc pow 24 pf 12 Thermiod Rad € i Tower Mg . 1 Tulip Cup € [Trore S rnar Bros P A est Pow ... est Pow pid. . i White B M S new ¥R M S new Vil & C new wi & C A new wi € new of wi MININ Ariz Glohe Con Canarin Copner hino Ext Mines, Cons Con Mines 19 Corter Sitvar 2 Cresson Gold . . § e eha M Lia 1 Eureka Crossus Forty-nine M ... Harmill Div Hawthorne M Hollinger Hecla Mine o 253433542 . RS SEIRERSIEN W= 0e=0Did | | 1 Mason 50 Natlonal “Tin.. . 3 Niplowing .. 10 Patmac Porc Lid 120 Plymouth_1d 5 Premier Goid 30 Red Hill Florence 2o Am Gold & P. | 31 Tono 10 Unit E: 10U 8 Contl 4 Unity Gold. A Utsh Apex. 2 Walker Min 28 Wenden Cop... WOOL MORE A eral weeks. encouraged by the | outiook in the goods market increasing their purchases. Prices are quotably is a little stronger. TREASURY CERTIFICATES. EVENING MORE FARM LABOR | tremendous I factor in American industry { northn | they | Middle West { properly | their heads and | preparing themselves for work of this | kind, which is de®oted to elimination | By the Asnciated P | grades also [thin brown crete and amber | Special Dispatch fo The Star. |cat and Japanese mink. STAR. WASHIN TESDAY. ISGREATLY NEEDED Lack of Year-Around Help Is Causing Worry—Machines Create New Jobs. BY J. C. ROYLE. Special Dispatch to The Star NEW YORK, May 19, developments in machinery type, man power i still a tremendous | Despite the of of newrly I rvecent | years every | and it tack of availability is « deep concern in more than one hine of en- | deavor. New machines are developing | S fast as they are jubs almos replacing workers Farm machinery <ales, a reporis of implement ma und dispatches from agricultural dis tricts received today, are more active than for some vears. In some sec tions the quotas assizned by tractor manufacturers have heen echausted and dealers will be able to make no Curiher deliveries hefore Auzust | ovding 1o nfacturers Harvesting Starts Soon. The Federa) employment agencies | are alreadv well along in their pre-| parations 16 man the harvest fields Haryesting will start shortly in the | South, and the scores of thousands of | laborers needed will he moved slowl J rd until they finish vp in Al and Manitoba late in the Fall. | The Federal agencies performed a | wonderful piece of work laxt vear| 1d little loss was suffered by farm- | ers [or lack of man power. But, while | can harvest hands t b daily farmers are ex- ecdingly anxious as to the supply | of all rround farm labor. which | secure wages, is becominz scarce. This fs not he- cause there not sufficient idle men. hut hecause many refuse to work on the farms except #s a last| sort Ohlo Makes Experiment. i The result of such conditions s al- | rendy naking itsell felt in attempts at agricultu colonization in the | nd Eaxt. A develop- | ment which is bei osely watched | throughout Ohio involves the fmpor- | tatian by the Ohio ms Co. of 500 | Japanese azriculturists Sali-t fornia to cultivate swamp Jands near Willard. According to H. O. Parsons president of the Farms company. 1,500 acres will be leased to the Japanese | as soon as the harvest in California over. The Farms company at first had planned fo colonize the tract with the better class of southern spean farmers. hut was unable to! find a sufficient numbher whn could | get within their national quota and | who would work en farms to handle | the 4.000 acres of land owned by the company. The land is suitable for srowing vezetables and arden truck i Household Machinery Drive. 1 The tremendous sale of household | mechanical appliances by the gas and | electric companies already has (ir nished a multiplicity of new jobs for women. Between 50 and 100 gas and electric companies throughout the country have developed home service depurtments, which have women at | each of which em-| corpa of woman assistunts. | departments give loctures. | talks and demonstr use of modern house! nloys These vadio nroper chinery Man: a university underzraduates are of household drudgery and provic better food and more leisure value of the departments i indicated | by the report of the Western Elec- tri .. showing that sales of wash- ing machines since January 1 have in creased over 30 per cent us compared with last vear. RUBBER AT HIGHEST PRICES SINCE 1917 Rise of Over Six Cents Per Pound Yesterday on Rather Light Buying. NEW YORK. May 19 Ruhber prices have soared fo tha highest levels in the Iocal market since June, | 1917, spot rihbed smoked sheet heing quoted at 70 cents a pound. Other have advanced sharply. No. touching % cents fo spot and & cents for June. The rise of 635 cents in ribbed smoked sheet vesterday was on comparatively little buying which | came from manufacturers of medium | sized tires and factories, ! MINK LEADS DEMAND AT FUR AUCTION SALE NEW YORK, May 19.—Mink was the center of attraction at the re- sumption of the Spring sale of raw furs here yesterday. were offered. i { | More than 64,000 | As some of the better | skins are vet to be sold data concern- ing best prices and comparisons with the Winter sale level will be given out by the New York Auction Co. later. i The other offerings were inconse- quential, consisting of house cat, ring | tail eat. sundry cat. Chinese ecivet | | | COTTON REPORT OUT. Census Figures Show Gains in Mill Activity. Cottonseed crushed in the nine- month period. August 1 to April 30, totaled 4,358,691 tons, compared with | 3,126,999 'tons in the same period a vear ago, and cottonseed on hand at mills April 30 aggregated 144, compared with 130,120 tons a year ago, the Census Bureau today announced. NEWBASIS NEAR INCOTTON TRADE Net, Instead of Gross Weight. to Be Standard as Result of Conference. Tare limited to 2 ef bagging weighing vard and ties weis bundle. including buckles, was adopt ed as standard covering for cotton bules at the gin hy cotton shippers and bazging manufacturers in confer ence yesierday the Department iculture. two pounds a at his action is regarded as a definite | step in in cotton on net weis of the result of ment of of the 4 national tr As a rekult by the department bale adopied as standard the cotton exchanzes of th present the tare in this ranges from 18 pounds in California o 30 pounds in Georzia and South Carolina. and a score of different type materials are used for bale coverin To assure the nse of the standard material the manufacturers agreed not to manufacture any other kind of material for stock after 1925 The auestion of patches hale w settied the direction toward dealing pt basis instead . and ix the improve the an effort will he made to have this tyvpe for all of world. country for the < not COTTON QUOTATIONS ARE STEADY TODAY’ Good Cables, Trading. Buying and Covering Hold Prices at Firm Levels. By the Associated Pres NEW YORK. Ma market showed rene the opening today owing to relatively steady cables, further trade buving “nd covering. First prices were firm at nce of 1 20 pointx, active me showing nei advances of 22 to 28 points before the end of the first hour, with July selling up to 2 October 1o Early we: sidered gene ings here were “The cotton at 19 ed steadiness < were . but offer- comparatively light and fresh selling seemed (o he restrict ed by uncertainty whether the end May condition fizures would meet the more eme views of recent sellers New York cotion Closed steady a1 futures Mav Dtoher December ne "85 New Orleans Market. NEW ORLEANS. May ton market opened very steady. due to hetter cables than due. This induced a continuation of the covering hy shorts started yesterday in the late trading. First trades showed gains of 9 to L1 points and shortly after the opening call July traded to 2251, or 23 points ahove the pre The Jul, Aot | market sased off six (o seven points at the end of the first half hour tutuces closed 0 49 noints New Ortean. steads December ng . Januars 250 October md: May December, PORT BUSINESS DROPS. BALTIMORE, May 19 (Special).— Both imports and exports through the port of Balimore showed big de- creases as compared with the previous week, according 1o the weekly report of Charles H. Holtzman, llector of customs. ‘otal imports for the week amounted to $1 1,806, a decrease of 505, ports for the week to- $4%, a decrease of $1.433 . Money to Loan Securad by first dest of trnst on real estate Prevailing interest and commission Joseph I. Weller 420 Wash. L. & Tram ¥ N FIRST MORTGAGES FOR SALE Denominations of $250, $500, $75), $1,000 and upwards 6Y2% Loans Made on Fropecty Lecated 1 e District of umiia JAMES F. SHEA 643 Louisiana Ave. N.W. HOME OWNERS LOANS Up to $500 THREE DAYS y Guaranty Co. In Any Amount on In the District of Columbia Wm. H. Saunders Co., Inc. 1 Street N.W. Phone Main 1016-1017 = = IIHIILI(IIIIIIIHlIllllllIIIMIlllllllllflllllllllllllllfi We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of interest. Should you have Money to Invest —we can also take care of you. Our experience, ex- tending over a period of Thirty-Five Years —insures your protection. Percy H. Russell Co. 926 15th St. N.W. pounds, composed | ing 45 pounds per | At con- 19.—The cot-| FINANCIAL ool ——u| WANTED Second Trust Notes This company has funds available for the purchase of all kinds of second trust notes, secured on real estate in or close to D. € FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President First and Second .Trust Real Estate Notes secured on in- come-producing real estate in Washington, D. C. o] Construction Loans Made Real Estate Mortgage & Guaranty Corporation 26 Jackson Place N.W. Resnnrees Over $2.000.000 ' REAL ESTATE LOANS | / ANY_AMOUNT TMENT HOUSES S PROPERTY RESIDENCE LOANS AT LOW RATES FRED T. NESBIT | INV MENT BLDG. Main 9392 | Prompt Service {E'Washington Investment nd i i Capital snd Sucqlne. L0000 Instances Are Numerous where failure to make a will i A ) has wrought um rardship . . = dows d h depend- Appllcahons Invited to widows and other depen fDr € Safe e | - YOUR WILL | First Trust | %! surance Loans will he ifaithiully carric NAME THIS COMPANY Trustee or Fcecutor Transactions Co. 713-15 14th St. N.W. Main 3662 | ard the your ved u interest ones by i DRAV complete that provic enjoy its 8% Conference with Officer Invited ational Savings & Trust Co. 58th Year Our Trust In any amount. Secured on improved property in the District or outlving sections, Oldest Savings Depository in Washington Lowest Rates Cor. 15th and New York Ave. Quick Service d PR RERYERERRR R RRRRRRRR E m, r ~ == fa > ) =3 el =) ‘ >~ &~ ~ Ry ~ poy Stone and Fairfax urance Company \ | | i {+ 1342 New York Ave. ! Offers 1o Make Main 2424 First Mortgage Loans on Improved Real Estate In the PR PR R AR RS L RO AR PR RRR R Distriet of Columbia and Subnrhe for 3. 5 or 10 Year Periods Houses Business Apartments Office Buildings 5v%% ON APPROVED SECURITY Apply Properties United States Rubber Company 6147 Serial Gold Notes Dar Mareh 1. 19281040 The business is well batanced. sales of foot- wear and tires repre- senting ahout one-third 1 each. while mechanical i goods, druggists’ sun- dries and other mi i laneous products | up substantially | other third. RANDALL H. HAGNER & COMPANY 2oRTGAGE LoaN GORRESPONDENT i Prices vielding from Ml 5.709% to0 6.85% (wecarding to matority) | !‘ The Natipnal City Company | Wahingion—741 Tih St N.W. | { | o921 Bonnecticut <venue, TstepihioneMain 370, g Telephone—Main 3136 | DOLLARS ol o Boead oy it 1 AT WORK Four Distinguishing Marks i 1. Independent Appraisals: The ! Never Permit Your property securing every issue of Miller Dollars to Be Idle First Mortgage Bonds is appraised, 5 not only by our own experts, but by The only independent, local authorities who while dollar submit written estimates of value doll: and earnings. Through Independent vou can give vours Appraisals you can own a nationally ;.;,f(. and prnfilablc known investment paying up to 7%, employment in our worth- are the rs at work—and with as much assurance of safetv as though you had inspected the property yourself and had obtained disinterested opinions on it. The Four Distinguishing Marks of Miller Bonds are the means by which these bonds may be compared, not only with other real estate honds, but with any other security. Call or write for Folder B-i?21. 6.LMILLER & CO. Local Address, 308 Phillips Bldg. Washington, D. C. First Mortgage Notes Paying 6% Per Cent It means security of the principal and a larger interest-earn- ing power than with any other safe, con- serv ;lli\'(‘ ]'n\'(’sfl“(‘r“‘ We relieve you of all details. N6.INYESTOR. BVER.LOST.A. DOLLAR: MILLER worrcse: BONDS ORTGAGE District of Columbia 5 mills tax refunded Consult Our Mortgage Department SHANNON: & LUCHS 713 14th Su. N.W. LR LR R R R DR IR R NI R R LI AR U UL RIRIIGLS 0 00RO 0 0 0000 ) R e 0 R PR R RIS Main 234 Your Savings Can Earn 7% Now OU don't have to wait until your savings reach $100, $500 or §1,000 before realizing the full earning power of your money. OUR EXPERIENCE IS YOUR PROTECTION Our Investment Savings Plan en- We have 32 vears' experience ables you to get 7% on savings of 2 $10 or more @ month, with the proven safety evidenced by our record of me loss to any investor in 52 years. Send today for our booklet, “How to Build an Independent Income.”’ It explains how every g.yment on a $100, $500 or ver a Quarter specializing in of a Century Without SAFE FIRST MORTGAGES 1,000 Smith Bond earns the full a Loss rate of bond interest. The F. H. Smith Co. Founded 1873 Ne Loss to Any Invastor in 32 Years Smith Building, 815 Fifteenth St. Never a loss to an investor. THE F. H, SMITH COMPANY ;, Smith Building, Washington, D. C B. Main 2100 F. SAUL CO. 925 15th St. N.W.