Evening Star Newspaper, January 30, 1926, Page 19

o RATES ON MONEY MAY AVERAGE s LU, kinds which distract from the bus- iness. This is an age of concentration, and it s a great mistake for a man to neglect the business in which he was ing the past few vears the sale of non-taxables was exceedingly easy and all communities have taken advantage |of the situation. All good things. how- ever. can be overworked und the issuing and sale of non-taxable bonds | trained in order to branch out into has been no exception to the rule. side lines. Such new ventures take HIGHER IN 1926 THAN IN 192 If fewer State, county and municipal | Up one's time and often absorh capital Increase W ‘ll No‘ Bc Enflllgh to Embarrafifi Generfll bonds are issued during the next year, Which should be used for the original Business, Babson Asserts—Good Corporation |t may be gooi thing for the coun: | business. These counties, cities and towns h"“l"fl"y' investigate the churncte;' of B ~ ry . ha ted with business men for | the borrowers, including their motives Bonds Are Scarce, Economist Announces. i it oin liave soont ; — - - - . i for things not very pwoductive. While money and often have spent the money | and record, remembering that men |the National Government has been make values and souls make men. The Babson chart still continues BY ROGER W. B to the fact that the corporations are |getting out of debt, these States, high, standing at 14 per cent above 5 now putting out stocks instead of |copnties, cities and towns have been nurrfml. compared with 4 per cent FABSON PARK, Fla., January 30. bonds. There 'is a real searcity ..{‘Im)remlnl: their debt to an alarming |8bove normal at this period a year ago. This index of business condl- tions should be carefully watched dur- ar 1926. Remember that in 2 this index it is important to sell when the index is high and to buy when the index is low, although + |almost every one follows the very re- - | v arse poliey. (Copyright, 1926.) nditions at the moment are ‘ Thix is evidenced e for money in \c\\\‘ the other hand. this is nc | rate. Hence. any change which would mortgage honds of operat- nins secured directly by the reduce the borrow ngs of municipali- ties and other public groups should be a good thing. md marker declines with th stock market although, of | Gives Rules for Loaning Money. course, (0 no such proportions. A | During the inevitable re r:uzh rule is that for each 10 nnim; | which may come during 192 S : the stock market declines, the bond | portant that bankers, in "q’m':.m"y.:'.‘;(’l::‘p"e!;':;{::fi.."f,’ market will decline about points. | \ith their loans. and the businec. | " with which | Moreover, the decline in bonds usuqll} men in connection with their credits, Rates shonld wver. | Precedes the decline in stockS. las well as investors in connection 6 than during | Whether or not this rule will work [with their purchases, look carefully to | 3t | during 1926 depends largely upon the |the character of the borrowers. Ascer- | irther into the present Ttaly 0. K.'s Locarno Pact. 30 (#).—The Cham- last Sy o« 1| working of the new t tain whether the financing is being ocret hatlot, WStudy shows that money rates al- | 1oF done to enable the owners to get out [nlght adopted the Locarno pact. The 2vs stiffen as we enfer a_period of | 1% e T o iae -|vole was 234 to 6. This favorable expansion 1ind we certainly re in Vi g ), ainly are in [Perj.cont shol Ascertain whether the borrow- |iction on the security document was | ness. snek a jia period at the present time. | U 3 e e e : he chambel i ; - other forms of indehtedness. ers are devoting their exclusive time [expected, for last week the chamber o e oo P,“f,..‘* Sonfomes by e ool If the mew tux law, which last|to the business or whether they are |approved It almost unanimously by a |ditions arc difficult for steam RAorts end the xeports ol ithe th passed the House of Represen- | mixed up with side lines of various ' show of | tives. | teserve Banks. All of these s, 1 by the Senate | that loans © hee stesdily | 18- BES . ,,' t loans have heen steadil 1nd signed by the President. 1t Should | | — nc during the pist vear nlthough enable business men to born e ot W Ud readily and more st bene- | peretofore. Whether or tax law will help the bond market this is chat enough to offset natural declines on | Street they when account of Increasing money rates only the future can teli. Let me add, however, for the benefit of bankers. \nuficturers, merchants and real | eotate men. fh money uld | w0t iner embarriss consumer on o purchases: but 1his fizu rze and is probaliy incre. Stock Market Loaus Far Re. ‘\I'n banks, in Wall on their 1 of this same new ds. If th I the sale of U securities, and has, at the cash in the without of securities | . The market | *, hurt the sale May Be Made- Much Warmer And With the Use of Less Coal D, €, SATURDAY. JANUARY S50. 1926. 19 “Phe, Russian Soviet government| seems most interested in developing all types of Diesel locomotives of high | STEAM LOCOMOTIVE 4,000 MASSES AT ONCE | Chicago has well under way prepara |tions whereby 4,000 priests will siv SET FOR CONGRESS|Z= Somasseia i e then ons sT'LL Is BEST TYPE power. The engine receiving the most ;itelo:lltlon ‘ln kuru[&e ll‘: one :A\I%H ill‘ T e priests are to be brought here for the rmany for Russian lines. It flood of extra confestions and com S maxinigm - capachis o 120 horse Hundreds of Extra Altars Now Be-| [000, B (X0, confestions and i hows | ing Set Up in Chicago | priesthood of the Chicago archdiocese. Electric Designs Being Made, But — i Tumbering well over o thousand Older Mechanism Will Stay, ‘ Books of Suicide Show Shonnge Churctest | et ney I Jioas, Ben Auxiliery of Chi and honorary Vuucllm Says. LEOMINSTER, Mass. y: 30.| DY the Assoriated Brexs; iprecident of the congress, has com s b P —a snoriage or § been | CHICAGO, yaruary 20, With thou- | pleted consecration of more than 7 altar stones and will son L, sands of priests flocking 1o Chicaga | - he Internaiional Eucharist Con- | and_n million communions {found fo the account The hest | Carter, city clerk, treasurer and t:.x world l‘wnllev(ur who committed suicide Jan ted Press January 30 talent of the By the Assoc CHICAGO, engineering ¢ Panne dreds of 2} Tt has heen esttmated that electric locomotive, Samuel M. Vau-| ditors began going over his hooks sre beins provided 000, : ) : clain of Philadelphia, president of the Baldwin Locomotive Works, said yes terday. Addressing the Midwest Power Conference, he added, howe that | it would be many years before the steam locomotive would be relegated to the limbo of the past. - “The Baldwin Locomotive Works, he said, “has been in the field ¢ electrification since 1895, Our 30 vears of experience were practically without profit.’ | However, the experimentation has not been without progress. Alrveady electric engines are recognized as i necessity In all underground transpor tation and in other places where con- | Nowhere Will You Find A Better Finished Home —than these moderately priced in BROOKLAND N.E. Ahove Rhade I<land Avenne Sample House 2636 10th Jna Real Values Too S ipa ite and other non- | Only 5 n | tax: 1hle \v|n-|~ already suffered | k. o them in full ang js |{Tom the proposed new tax legislation. | s 11 when the | ilence, cities and towns which are | 0 u l contemplating selling hond issues ! L) - within the next r or two had bet- i 77 DEides fall. Biive fe- | ter i-e'\l now, in case the non-taxable | bt wond e o . s H»::.‘:wu‘.’.’1!.-;'"3{ : nd 1 ff stil) more. Dur ; | H Install Fasiest e ‘ ave US Kind of Terms money market k | Another significant which e shows t! ¥ the wind is Wowingz, ix ommercla the larze amount of stock offeri e now see in the daily papers These these | Athey Metal Weather. Strips Inexpensive—Efficient—Long Lasting OPEN Sunday and Daily loans. in il 4 Storiecs—17 Rooms = = - ‘ ; | : this s g hese are real homes with a striking exterior appearance Wil find the tions to 3 Baths You living room considerably larger than those faund in homes of similar price. There Siocts | are paneled side walls in both living and dining rooms, French doors to breakiast lic offering Switable ior femedeling N Should porch. extra_large slecping ‘porches. Tx-inch oak < overlaid on subficorin seattered i ‘ rematcling { high-grade silver fighting fixtures, numerous larg ssets, outside pantry a than hunched t into stores and ofiices; See Them i Fhe: icarures thar add 10 the cnjoyment of home rnnervv\I\) ':'w'-,‘ ; Sl OnBEs e - location is most accessible—on a paved street. just one square irom Rhode Island T goodignp riumtty, Toriturns Todav! Ave. and served by one of the most dependable car services in the city over at price asked nn mat n 1np . 2 (tion ¢ \ | Y Thomas J. Fisher & C | Hedge M le n s one notice . 0. | adiertiamionts I Phone Main 5300—Manufacturing Plant g o) 1 On’ C. been - nc. i [ South Capitol, Canal and D Streets { > & 738 15th Street N.W. | - RESETOR= _ ; 1412 Eye St. N.W. Phone Franklin 9503 Main 6830 ‘ | mercial pape hive heen for th | $40( CASH—$@5 MONTHLY I Makes us home owners. Instead of being tucked away in i Individual designs a rented apartment, we will own a semi-detached house. i ) s ti . i Brick construction The three rocms and tiled bath upstairs and the three Open front porches on the first floor are arranged so we enter a real home, Hardwood floors bright and new-—instead of rented rocms. i Porcelain plumbing Hot-water heat, full basement with laundry facilities and built-in garage. All-enameled Our own home, with more room for us, children and kitchen . Rear service porch friends. v The terms can’t be beat; sc let’s go out this afternoon and look at these semi-detached homes, ready for im- mediate possession at FORT STEVENS RIDGE $6,750 $6,985 $7,150 Drive out 16th St. through Col the exhibit house, 715 Rittenhimmee e ot waci 5 Georgia Ave. Or take 14th St. cars marked , “Takoma Park” or Georgia Ave. cars. Yard on three sides | Paved alleyways Cement walks Restricted district with congenial neighbors. 1430 K St. N.W. ' SUPPOSE YOU TELL YOUR WIFE | ““Let’s Look at Them This Afternoon!’ Open Sundays and Daily Until 9 P.M. Or call us during the we ek and we will arrange. WARDMAN “Deal With a Realtor” “We House Over Ten Per Cent of Washington’s Population” And See This Gem of Washington Residential Districts WOODLEY PARK When the flowers replace frost and the first robin chir- - rups on the lawn, there is no more delightful neighbor- hood than these splendid homes in Woodley Park. Facing fine old estates, surrounded by majestic trees, these homes present the soundest possible examples of in- vestment and comfort. Seven fine rooms with ample cleset and storage space, two tiled baths, open fireplace in the living room, auto- matic storage hot-water heater, lavatory and shower in basement, adjoining the built-in garage. Special electric fixtures have been installed, and the interior decora- tive treatment will be done in accordance with your wishes. $ Sodded lawns, perennial shrubbery and open . . porches give these homes an unforgettable charm and distinction. ) $2,500 Cash; $125 Monthly Exhibit House: 2917 Cathedral Ave. N.W. Auwaiting Inspection Today Main 3830 nserra enongh more to make the total 1,01 2 2 2T Tl Y E 2T T T Z T 7, 2z i L T LT 72 477, 7 L 22027 P2l 22 § ) LAt Le