Evening Star Newspaper, June 8, 1926, Page 25

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FIN Received by Private Wire BY WILLIAM F. MELONS IN SUPPLY curh dealings today made it evident that the public was taking more in terest in the proceedings than for wiany wonths, bairsized gains were {recorded «t the outset wnd in many linstances increased as the day went on An outstanding feature was the re sponse of Glen Alden ¢oal shares to the increase in the semiannual divi dend from §3.50 1o $5.00% taken (0 wean that the stock was definitcly established on an annual Coot | $10 hasis. "The poliey ut the commny ke ias been changed so that in the fu- i b i oy Brgrerie e fire dividends will be distributed articular product heing in greatest | guarterly instead of semi-annux wand when the weather is hot et et el Supplies of the popular melon have | 7 €1 SIS L WERIE, & SHE0 not been liberal, it is reported by deal- | 4} Previous high for the vear, Gleg ers, and many sales were made direct | SIS0 ensountered realizing saies, retailers. A light demand and | o5 Of P gains vere lost. steady market s reported. Melons | | ABere wis mothing & weraging 2628 pounds were quoted | o o0t G (BT G At 1.50, the 32-34 average bringing .00, | |\"aer W Stares of baki Homerrown strawberries ave sup. | ;b SUbSIEed Sho piving the local trade. The peak of | nofjo €4 (1€ B0 the berry market has been reached. | oot (i O e DOV according to reports of dealers, and | g iy heaper prices, except for soft fruit e not anticipated. Prices tor 32 quart crates were quoted at from 450 | ‘o 6.00. L Heavy supplies of cantaloupes were reported. Imperial Valley Salmon Tints and Jumbos are the California arieties Leing_received and prices range from 1.25 to 3.2 A slow d HEFFERNAN. Homegrown Berries Supply- ing Trade—Slow Demand for Peaches Reportad. Florida's Tavorite much m the local market Tom Watsons, waternelons, in evi dence are very outside lowing the ment Justicy od Producis met ago. When the NEW YORK. June n official list of b ded i1 on the N May Sales in INDUSTRIALS Lundreds Wi §Ale Gt Soarh . 10N 2 L Al it nand for light supplies of Gam 1 S peaches is reported iug the ma Allied ket dull Bushel 1 kets of May flowers were quoted at 2.00 and .50 RBest South Carolina stock of black berries were quoted at and 6.00 a crate 32 quarts, ovdinary stock =ome sofe, selling as low as 4.00 Practically no changes in the mei poultry, L er and e arkets were reported this morning Ma Pr ~Follow : Suim Supern Stibern < Today. Fancy, one-pouni DAt Frac 1, d5a46 Balaban &K Tne selected 3lad i 4 Bliss E W o t veceipts i 20 Wi Rock smaller Turkeys. 10ats: Plymouth 17, to 2 pounds, 48 White Leghorns, 23a38: fow young old, broil 40u 1 Biiyn City R R 2 Bul Niag & East Butler Bros keats, voung Calve: thi stock 10all Live diim and Meats —Bee! veals, 20a pork luins hams, 31ad4 Fruit and Vegetable v on by the Mavket Agricultural Laundries Dairy Prod Haking A Baking B Bakine pf Tob Ine taulds Lt shoulders, 22a2 ona Review. R nt Today's matket vey Bt vegetables (compiled News Service, Bureau Ficonomics) says B Cantaloupes—Supplies liberal. mand moderate: market steady fornia. Tmperial Valley, standard and 453, Salmon Tinis. mostly jumbos. 458 3.50: fh . 128 158, mostly 25; soft,” overripe, s 45s, 2.00a2.50 ettuce—Western supplies : demand moderate, market steady; Cal Bped i ifornia. northern district, crates. lce O Forhan o A herg type, 4125 doz .00 s Eod oo Onions—-Supplies moderate; demand 13 Fowndatn For ight: market slightly weaker: Texas 1 Feantt FME ¢ standard erates, vellow Bermudas, U i} Fresman Chas S. No. 1. best mostly 2.00; few low as vod litornia. standard crates. vel mudas, U. 8. No. 1, few sales Bond & Shpi & Shouw Co vest ine P e B bt limited Jardo aus Co b 56 Gen Bak A 1IN Gen Bak B 3 3 » S B den. Cou dvear T & R Flappiness ¢ St A Happiness € St ¥ I Hollande. 2 Ind R Supplies very : market firm nd bushel baskets ew higher <—Old stock demand light, market wan, 1a0-pound sack T8 No. 1. 5.65a5.7 plies moderate t steady: S barrels, Cobblers, 7.00: few fair condit Norih Carolina, cloth-top No. 1. mostly double-head 8. No. 1 North Caro Maytlow gL cor A B AN 5 Sh G ligh Michi Rurals sup supplies steady Russet tock moder riavke ; stave VAL W T pid ) Mid W T pr Hud Pow Guicipal Ser Casget new Pow 4 orida Spaulding Rose, | mostiy ¢ Strawberry Market Steady. os moderat o Ohto Power W No Ont L & P pf 1% demand_good BB 8h , Maryland and D quart crates, various varietie 4.50; homegrowns, wide range qus lity and condition, 5.50a7.50; mostly 5.504 $.00; some to ice cream manufacturers at 4.00. Tomat o moderate. # . mostly TR 20 Penn DG Ohio demand da. sixes weapped, fancs 3.50a4.00; Supplie market d tarni mostly hest, mostly 3.00; fow shoas Jorer, faney and choice coun 0; Texas. fours, pink wrappe poorer, low as Supplies choice Waterrael mand light, market stea 1o retailers: Florida 26 10 28 pound ave pound average, v: sal Tom age, 1.5 mostly rect <ons, to 34 2 1 Tank Car S Stanley 1 Stromb_Ci Motor inel demand 15 Stutz 34 Swift ampa X * Tampa Fl 1 —Supplies liberal stightl seclion wenlker barrel narket Norfolk d 1ype, mostly erate Virginia erates. poit bushel Lampers, higher tvpe, mosil ASparagus - zhit d wand moderate, market firm, Dela ware, 112 dozen bunch crates, gree large size 400445 | String beans -Supplies moderate demand marker tirm North Speck hampers green. 00a3.50: bushel hampers 2.50a3.00 South Carolina bushel hampers. areen. 2.25a2.50: Vi Norfolk sectlon, 5-peck ~ hamper ereen, fine ¢uality and condition, 4.5 Peas--Supplies moderate; den ioder, steady: Virginia. Nor section hampers. fa condition, 1.00a1.50 homezrowt bushel hampers. mostly Cucumbers — Supplies mand moderate, market Flerida. bushei hampers, f J 2.50; South Carolina, bushel ham pers, fancy. mostiy Virginia, Norfolk section, hotbed stock 7g-bushel hampers, fancy mostiy 4.00. pointed mostiv crowns, barrels 3.00 Supplies 29 Unt G Tmp € 63 Um Lt & P n'A 1Tn 1 & PR p! 1Un Pt Shar nw U P& Loyt B Univers Pie Bis B S It & HUpf Pie pf rioderate, 7 volina M pid West Pow pid I wel 0 & Siow s S Mach vi cN Y te. market 5-peck B n 61 Kay Cor ? New e ! Newmont Mining 21 Ohto Cop i S0 Am Gold & P 40 Spearhead Gold 4 Teck Hughes X Belmont Ext This was | . 5 . lnu» weather was not exactl Mach e EVENING NEW YORK CURB MARKET Direct to The Star Office | market showed signs of responding to renewed buying shorts in these issues | hurried to get in the outstanding con | tracts, with the result that gains o U to more than 3 points were coin mon. This was {rue of General Bak ing issues, of Continental Baking and of Purity Rakevies, class “'A. Goodyear Tire and Rubber, at §is recorded & gain of 21; points. The up turn was sympathetic with the Stock Exchange. The best opinion was that the pres ent phase of the upward movement would not culininate until the oil stocks had borne their share in the improvement. Slightly higher prices were the rule for most oil stocks to day. but they were not making the response which many had expected i view of all the fuvoruble comment { concerning the outlook for the indus tey. Humble Oil was feeling the ef { fects of the recent favorable dividend action., but its advance was limited. Carib Syndicate maintained its gain Monday, but did nothing further | Vacuum Oil at 101}z was unchanged | while son and Venezuela Petro. {leum were ively Dbought at un ‘l'h.!llgml pit 3900 Humble Oil & R 40 11 P 1 2SO A0S O Kansas 100 S O Kantucky FI00 8 O NAw York #0005 0 XY new wi 100 £ 0 Obio nfd 1 1700 Vacaim Or 101 e in BONDS hoiimands 52 Am 9 Am 43 Am Gas & K1 #s 101 Pow & It 65 001 P& L Gsn 091y Am Roll Mills 65 103 Am Wat W ds'A 033 Anaconda s 1027 2 Apnal EI Pow ba ¥ AR G & E s 9670 A% Nim Hde 6158 9513 G & WSS Bl g Atlantic Fruit Ks 241 1IB & O R R Bs.. + Beft Tel Beth S 1 Hosto 200 Git Serv I8 €1t Sery 1 Con G Balt b F 2 Con G B blas I Con G Balt 65 A 9 Cons_Tex 8s 3 Cos Meeh 11 Wm_Pan s wdabiy s 5 Cudaby 5148 80 Detr Ed 5% B wi 1031 Pei Gl 1018, s w1101 % wisr T & R 5 GO Co diys Hood Tod ¢ d 0 & G iy e Fen e Keith B F Laclede Gas Tehigh Pow Gs'A Long Isi Lt [EEN 102 Siat P oaiha 108 fi’;‘“ Tar C 1111 Onio RE 10015 i b 1R 5k 1001, 109 Rap 2 Pure Ol Co #1581 ZRan Kar B 5758 108 rvel Dol Ga. " 102 Sou Ca1 Ed 5 ¢ ! depa vian Puo D Denm Krup Fried L 134 Lewprig 7 3 Lnhd Tietz 71 6 Lezdr St EEn B Nans M&S Tk 41 L 4 M Bk Denmic s 1004 1 Muni Medellin Ss. 101 2 Oslo Blgn 10 Prov Santa Fe 5R Mn Daniihe ZROCh B G, Russ G 6i%s anoa Falls S'M Inst Swise Govt en T & ¥ St Wk B s 6 West Un El 8155 BUTTE!‘! Is HIGI}ER. CHICAGO, Tune 8 (#).—Butter. high recelpts. 26,867 tubs: creamery e: 39%a40: standards, 40; extr . 38a39; firsts, 36a37. seconds, 33 BANK OUTING SUCCESS. The annual outing of the emploves of the Union Trust Co. and their fami- lies at the Summer place of k. H Stellwagen. president of the bank. proved to be u great success. While perfect, big open fire made the interior of the cottage warm and cheerful, and two Vietrolas furnished continuous music for dancing. Sunday after noon the sun burst through the clouds and many members of the party took delightful dip in West River RESERVE BANK REPORTS, The Federal Reserve Board's week iy condition statement of 703 report ing y;\&r;)hnr banks in leading cities as of June 2 shows ing s 888,000,000 in e $11,000,000 in 000 in et $49.000.000 in invéstments, $158,000. demand deposits and borrowings from INITIAL DIVIDEND. Budlion ah | Apex . ten Cop BN Sales INDEPENDENT OIL STOC in hundreds, 05 K1y 31y Corp Am Bt Sug pf Am Ph Sve pf Am Gas & Ele cicee ol o C 6 Do Brit-AD St Sup Tra Endicott.John T ! Humble 0 & R Do Intertint Manh Shirt pf Patke Ut C M Pex (JC) 1 Reo Motors « Do ayn SpI pf A" Do pf. B shred Wheat Swe-Am In b oe & cce ockoscccic: i 19 Columbia 4 Coms 14 Creole Svad own Cen Pot Derby O & R bf Fueihd Oi Co, Coiy Vie Tune June Tune (1 49 Gibson Oil 1 Gilli'd Ot Pet Tune 30 - . GERMAN BONDS AND STOCKS. Pagiico tnt Pro (Quoted in dollars ver million maks ) 3 Mount,_Gulf i i New Bradford 0 @0 1000:00 | 20 Pandem Ol Uigioo 6500| 73 beer 01 Cor thousand marks. | 3 Pennols 0il Cor 00 3 Red Bank OIl 00 R: oster Ol 200 .00 3000 700 | 360 100 150 =00 #.00 900 11200 Ger Gt (w Iy Hamburs 325 "Guoted in- dolla ot Ean Elre Alyn prew Gar Gen Elec 3125 1019 Sortin 48 pre-war oo Hamb 3s. Bi0n & 48 precw Hambure” A Eine 41927 Lorh German Liovd 445 Xorth German Liovd Erian Coneais 45 Tipp b 19 Dustetort 48 pre-war. Framifort. a-M 4s pre-war Afimich dn pre-war Radlinche Anilin 10300 RE6 Ger Ge giec) 2500 Sommers and Privat Bank ¥ Dieconto Gellachatt - Dreadner Bank Deutsche Bani Darmataeder Bank Neriar Rank Vienna ;\(‘.‘:’ag Chemical. 5s 1014-19. ¢ 9 " per Cl v Oil 4 jal Osace 'O 50 Tide Wi o 1 Tide W Prod mer Quinlan Wil 0 & G nw 0.00 I Woodley ™ Pet nw 00 BOY Ol 25 00 | Sales i STANDARD OIL ISSUES 20 | units - Fa0 1 V00 Anglo Am 0l 181 100 Ang A0 vic d 1830 100 Cresctroneh’ Mfe 08 2400 Cont) "G hew © 041 , e e) B0 Gal 8 O pid old Berliner Handels. NEW YORK, June 8 () tois Of the Lake Erle & Eastorn mey rond. all of the stock of which' ;n»'.\h"(l by the Mahoning Coal road Co., today declared n | dividend of 2 per cent, pay 1 holders of record June is Rail initial 21 DRY GOODS ACTIVE. Special Dispatch to Tho Star NEW YORK, June 8.—The cotton ket continued fairly actiy higher | [ prices for tire and rubber shares on} | Wash. | Wikn: Rws | D« loags and discounts, | the | whle July | STAR, ' WASHINGTO. INDUSTRY TURNING 10 SOUTHAND WEST Manufacturers Seeking to Cut Transportation Charges. BY J. C. ROYLE. Special bispateh 1o The Star NEW YORK. June $.- and West are due for a period of industr in the next 12 months. That conclusion reached by consulting en gineers of some of the largest manu facturing companies in the who have just completed exhaustive Surveys. The South {which has dictated the trend merging of power companiex in West and South and the development power, which the Hnancid been features of Cutting of Costs. The cutting of costs is the bebind the investigations Just Ipleted and those in progress trial concerns feel it cut overhead in their factories. They are determined to redice costs of dis tribution. Consequently they are plan ning to erect or buy plants close ckets, thus eliminating long-haul it charges and enabling them to use motorized transport The chemical business inent example of this trend toward tting closer to the consumer. In vestigations in this industry show that the gain in population in the Sonth West in the last five yeurs has ween starting, and that the buying and consuming power of the popula tion both commerciully and individual Iy has been even more surprisin There is every indication. engineers sav, that the mining industiy in West will be more ac than with Introduction new processes « ore treatment which ! extensive use of chemicals and sy ing processes which will vield b cal vroduetior The petroleun th, especially islana, bids proportion ¢ the United lands of the wrs befc panies have their pr Southern and Indus ive ever Séutn them Chemical Prices Sag *rices in many the « mical Fertilizer mat than a month ago, dyestuifs textile plants are down, aue tndust:ul alcohol, a large of which made from Louisiani {olasses. Sulphur is up, and there is heavy call for sulphuric acid Thus | South and West for industry | provide both markets raw ma | terials The Government depuriments have plaved no small the invest gations of the various manufacturin ind ) country-wide cond tions. Business data now s 6. placed in the hands ments which industry are vial sligh sagging i= lower ised in I oso i this and formerl idividual for 1 involvin inves s to dis many firms in the the informa Unless express a for it been 10 attempts to gather it equesis extensive industr ™ per ce DIVIDEND June 8 (8 Corporation quarterly dividend i@ share payable .July record .June 15 FFormerly ja share quarter and an 30 cents had been pald QUARTERLY NEW YORK Producers’ regular Mountair aved £ 60 cents extra of . CURB MEMBERSHIP SOLD. NEW YORK. June 8 (®). - The mem bership of Peter . McDermott in the New York (‘urb Market day for $30,000 0 Paul G; an’ increase of $6,000 over the previons transaction : :Washingtoni Stock Exchange | SALES -5 at 1034 Potomac 10 at 10X Merchante i & 100%.. 10 at 101 Peoples Drug St AFTE Peoples Drug S at 101 Mones 10 at Stor pfd.—10 at CALI pfd—4 at 102 1011, call loane Bi 5 and 6 pe: and Asked Prices. BONDS. PUBLIC UTILITY American Amer, Tl &, m. Te Anacostia & Pot. R. Ana. & Pot guar 58 . Ches. & Pot, Teiephone 5 & P, Tei. ol Va Capital Traction R ity & Suburban 55 Georgstown Gas 1st bs Potomac Elec. 1st 55 Potom: Potomac E Pot. EL Pow. & Wash.. Alex. & Mt Wash. Alex & Mt L& Telga ds | Wash . Balt! & Washirgton Gas 58 1003, Washington Gas_ 63 0417 Ao Rwy. & Elec ds. . & & Elec. gen. 6. 10 MISCELLANEOUS Paper Co. Mix. 0 Joint. Stock L'd Bic ot Eotuiton Bldg. 6as.. 1 Wash Mkt Cold Storage s Wardman Park Hotel 58 . STOCKS. PUBLIC UTIL Tul. & Telsa Tii & Telga, action Potor | Botomae Fiec Fieo ptd.. . Wk R & j Waeh. B S ATIONAL BANK | National Capital.. . .corov. oo Tolimina o ercial Fmers & Mechanics'. 1-American i Lincoln | National 1 Rirgs' S Bank ‘of Washiniton ! TRUST COMPAN American Security & Trust (Continental Trust........ Merchants' Bav 0510 with print cloth ¢ inchanged at 71c for G4x608 gun on The raw . ‘WOOL IS FIRMER. pateh to The Stas. Direct purchus mills of Ohio clips at :s&amh;}‘;:re market for new clip wools & firmer appearance today, but dealers ave 1ot Inclined (o bid abov Michigan clips moved at 35a3 and some Missouri medium gray wool at. 39, Locally fair inquiry has de- veioped for medium gray territory wools and pulled wools are moving mdre freely. S. A. L. TRAFFIC LARGER, NEW YORK, June 8 (P).—May | freight traffic on' the Seaboard Alr :l,llm increased 9.4 per cent over May L fiear, 199126 carlonds, against 1onal Savings AVINGS BANK. 3 158 & 'Trust et 230 500 :(‘umn..; o & say LW asint Serlnlly Savines Seventh Street. fited States e o Secianics”. FIRE INSURANCE : . 200 Amicricain o (71‘)‘«‘!)»5“ i 130 reme il fiu(l:‘mtl Unton.. . TITLE INSURANCE. : 0 B 1 Estate Tt %;.‘HI: and lns. MISCELLANEOUS C. Pi r Co. Id. ... nen Pede ‘“‘“0 e pld. . . chants' Tran. & Stor. pf Morchurts) Ehiotsve Natl, Mtge. & Invest. i eoples Drug Stores nfd ston Monotype. 107 15 101 1031 £l 101 remarkable 1 plant construction is the country, | Itis a realization of those conditions toward the of steam and water generated electric motive is not enough to 1o leading bravehes of | was UESDAY. OTTON IS STEADY, - SLIGHTLY HIGHER JUNE 8. 1926. REAL ESTATE LOANS OUX 5 1/2 % HOUSES BUSINESS PROPERTY NCE LOANS AT LOW RATES FRED T. NESBIT vestment Bldg. Main 9397 We have a limited amount of 1% First Trust Notes for sale in denominations of $100, $500, $1,000 AND UPWARD Secured on Real Estate in the District of Columbia Our experience extending over a paciadiiaf Thirty-five Years i p 7 | insures your protection Percy H. Russell Co. 926 15th St. N.W. Liverpool Makes Good Show- ing—Weather Regarded as Favorable. By the Assuciated Press. NEW YORK, June 8 tures opened stendy. July, 18.30 October, 17.44; December, 1737 Jan vary, 17.31; March, 17.48. The market showed renewed steadiness early to day. Weather news was cousidered ! favorable, but Liverpool made a rela {tivelv steady showing and there was further covering by near month shorts in the Jocal market he opening was steady at an ad vance of 1 to 3 points and active posi ions sold about b to 1i points above vesterday's closing quotations before ! the end of the first hour, July advanc i to 1836 and Decembor to 1741 rength of the near months held | 1 up later deliveries. although there was a iittie selling of the new | crop positions on espectations of a | favorabe weekly review of Bress by Wenther omorrow Cotton fu crop) re NATIONAL PRESS BUILDING FIRST MORTGAGE 6s,1959 New Orleans Quotations. NEW ORLE ton futures oper 60: October, 17.00 anuary, 16.94 asked The market June 8 (P ed steady. Decembe: 17.00; March, 17.02 bid 4 was sieady toda with first trades showing no change to #ains of 2 points and Liverpool prov ing better than due. The marke proved during the hour, due to HJMI‘ huying, of which advanced to 1767, or % points above vesterday's BOUGHT T e e S s S o o T | AL S. GOULDEN jl lu'n; October ,ll':,‘lu ed 1o Woodward Building Washington, D. C. Tel. Main 9129 SOLD or 6 vesterdav's close continued stead tirst hour FRAMC'S NEW DECLINE PUZZLING TO EXPERTS [ The Ofticial French Circles Biame “Hidden Working Against Exchange Th at the end the ' { i { Forces" i Peace of Mind I'nere is a areat knowing tha : s vou have made fc v fell to 34 1o the Rl ABSOLUTE ervention Buy our Real kEstate Coupon Bonds, s feane rea The foirst Mortgages both to Yl Guaranteed Great By The United States Fidelity & Guaranty Company Resources. $40.000.000.00 many « To Yield 6% it { PaRIs, g = Fhe French frau i to slump the close o bourse ves hange is a puzzle nd political circles pointment i shown on debt settiemse an accord with use of part the d 10 stop the down hoa the Wash RBress toward itain and of Mo is growing in complete stab d the o ar v STen Lic ofticial ization trom th believed to he oper renct A good {hec of the 1 "rn Consec nt Heavy buving of forvign shares orn Y t the official o was forced to Call or send for descripti CHAS. D. SAGER “Since 1906" 924 14th Street N.W. Main 30 STOCK OFFERING YORK. June S (). stoek International Telephione & ruph Co. will be offered £26,040 additional stock for subscription $100 a share in the ratio of one | very two held Have You Been Stung Yel Some men have to get stung good | |and hard before they learn to be cau- | | tious in making investments. Bz:fureJ | you_invest—investigate! ! Second Trust Notes Purchased i tor._saccaid v Maryland o Agent. o8 NEW olders of supplies I Chicago grain quota directly trom the Pt is the only such serv . See Mr l Willium K 1108 16t Street ice now Washington. This serv ice comes with quota- tions from all other grai centers in the United States. operatin We are’fully equipped to execute yvour orders m 4 st ¢ 1 trust at -/ ol e e torass ni CommIBSIOn. a prompt and efficient J?sfl_’h L Weller'Z®, Vot % § V%' manner. Dean, Onativia & Co. Members of the NEW YORK STOCK EXCHAN CHICAGO STOCK EXCHANGE CHICAGO BOARD OF TRADE NEW YORK COTTON EXCHANGE NEW YORK CURB MARKET Woodward Building Main Floor Phone Main 2040 Money to Loan - | ! Ready Money to Loan In Any Amount on 1st—2nd—3rd Trusts e provide suitable and shtis tory solutions for your finan- cial problems. [mmediate dect Uions and settlements. Yon will find our charges tne lowest ealty Loan Co. 7 F St. N.W.—M. 9411 Open Evenings 141 Opportunity it really isn’'t hard to “amount to some- thing” and “get somewhere” these days. Why, Opportunity is at every hand—particularly if you have a good position and common sense. Budget Your Income Make “Investment” an ltem of the Budget and Regularly Invest sn Our First Mortgage Notes They are Safe, Dependable and yield an annual return of 6Y57 15%. Mortgage Investment Department 713, 715 and 717 14th St. FINANCIAL. The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Estate in the Dis- trict of Columbia and Nearby Suburbs in Montgomery County, Maryland FOR 3, 5 OR 10 YEAR PERIODS - 54,9 ON APPROVED SECURITY Apply RANDALL H. HAGNER & GOMPANY' MoRTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Apartments Office Buildings A4 Third of a Century's Experience Better Property Profits usually tollow when an + owner tells us to take over his responsibilities. By applving the policies and practices which our third of a century’s ex- perience has proven best we are ahle to manage vour rental property with greater, steadier earnings for vou. Phone or come in. W. B. Moses & Sons Furniture Established 1861 Bitnaisa Carpets Upholotery BUSINESS FURNITURE AND EQUIPMENT Either in Steel Wood It bring a representative at your convenience A phone call » “Having @ REGULAR DEPOSIT DAY —together with the sccunmlating INTEREST paid on our Account— demonstrates the value of SYSTEM- ATIC DEPOSITS, HAVE A DEPOSIT DAY Deposits Invited in Any Amounts—Same Rate of Interest Paid on Large and Small Accounts National Savings & Trust Co. OLDEST SAVINGS INSTITCTION IN WASHINGTON th & New York Ave.—39th Ye; “Plan Now to Get 63% o T on Your July Funds ODERN, income - producing property, lo- cated in cities where economic conditions and real estate values are sound, is the security behind the 6349, or 7¢; First Mortgage Bonds which we offer for June investment or July reservation. Each issue of Smith Bonds is protected by safe- guards that have resulted in our record of no loss to any investor in 53 years. ‘These bonds will give you a definite dependable in- come of 63, or 7°¢, and you have a choice of ma- turities from 2 years to 10 years. You may invest in denominations of $1,000, $500 or $100. By mak- ing your selection now you can obtain the security maturity and interest rate that you want. No de- posit is required on July reservations. Send your name and address on the form below for descriptions of our current offerings, and for our booklets, “Fifty-three Years of Proven Safety’ and “How to Build an Independent Income.” THE F. H.SM1TH CoO. Founded 1873 SMITH BUILDING: Washington, D.C.~-Main 6464 815 15th St. N.W. NEW. YORK. FHILADELPHIA. PITTSBURGH BOSTON. BUFFALO. ALBANY. MINNEAPOLI: NO LOSS TO ANY INVESTOR IN 53 YEARS Address ...

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