Evening Star Newspaper, August 9, 1926, Page 21

FINANCIATL. 1 |Real Estate Loans Maryland—Virginia District of Columbia The Capital Realty Co., Inc. TInsurance Bld; 15th and a oRas" B THE EVENING STAR, WASHINGTON, D. C. MONDAY, AUGUST 9, 1926. ol D1 [ MW YORK cURs WARKET | |SWEEPNG CHMGESCOTTON REPORT g AREDUE N MILLNG - SHOWS B GAN Increase of 253,000 Bales FINANCIAL. PORK GOES LOWER | ON CENTER MARKET Decrease Comes Sooner ‘Public utilities continued in demand. BY GEORGE T. HUGHES. BY WILLIAM F. HEFFERNAN. Strength of local gas shares on tho. NEW YORK, August 9.—Operations for the rise kept on moderately on the Curb Market at the start of the week, Wwith no evidence of weakness in any quarter. One of the outstanding features was Stock Exchange naturally could not hm'. h & endure for long without having a th M. sympathetic effect upon other gas shares and Consolidated Gas of Balti- more took on another point in this market. Electric Bond and Shares ex- Before money can be invested it must be saved. Perhaps, then, a few words about systematic plans for sav- ing will not be amiss at this stage of our series of articles on investment Reduction of Railroad Rates the persistent Than Expected—Hams and Shoulders Drop. | which of 8 points in | parently greatly in | sidiary, | An invitation last week for Slight decreases in prices of pork bases were reported this morning. Several ago dealers suggested that probably would not -decrease mntil after the close of the S ~eason, and the decrease, it is ame sooner than was expected. Prices of hams dropped to 30 and 32| and shoulders to 22 and 25. Further drcreases may not come for some time, it is stated. The market con- tinues draggy and dull, not an un- : usual condition during the heated & period. . There were ample supplies of all linds of foodstuffs on hand this morning to meet demands, but there was nothing like a rushing business done. Most prices today were sub- stantially the same as those reported Saturday. Today’s Wholesale Prices. 1-pound prints, 46a : storo packed, 8. “resh selected, 30; 1a32; current receipts, 26a2T. Poultry, —Turkeys, 35 broilers, the motion pic place thi ket toda; Sales in’ hundreds. BAIY Pk 1A 2, Am n 4 Am Rayon i3 Am Rol 3 Am Se 11 Am 12 Am 5 am roosters, ng, 20; old, 16; keats, young, 0. Dressed—Turkeys, 40; s, 35240; keats, young, 90al.00; old, 40a5 Live stock—Calves, cholce, 11; me- dium, 9; thin. 6a7; hogs, heavy and medium, 13; light,’ cholee, 13; lambs, 15 Atl Fruit 10 Bancitaly b, 28; veal, Meats—Beef, 17a18; 1 19; pork dressed pork, heavy, lotns, 34: Western, 28a30; hams, a32; shoulders, fresh hams, 30a32; fresh shoulders, 23a25. Fruit and Vegetable Review, (ompiled by the Market News Serv- tce Bureau of Agricultugal Economics.) s Jobbers except otherwise Bridzeport @ elluloid elluloid ( clotex ( supplies moderate; demand | ¥; Maryland, bushel Oldenburgs, medinm to large around 1.00; bushel bas- kets, Wealthys, mediumn to large size, 501.50. Cantaloupes — Supplies liberal; de mand limited. market slightly weaker: orth Carolina standards, 36s and ., Green Mea 1.50a2.00; bonn:r.i as 1.00; Iloney Dews, trading standard _crates, 63 to 12s, y around 1.50; few higher; poorer, slow. i low as 7 Tettuce—Supplies libera] moderate, market steady; New York, 2.dozen crates, Big Boston type, 75a90; Western supplies light; no early sales 188 Durant demand 3 Fitingon 5 E s — Supplies light; demand sht: no early sales report eaches—Supplies heavy; demand limited, market fairly steady; Georgia North Carolina, bushel baskets, large to very large size, ‘ew best, 2.00; poorer, low as , Llbertas, large to very large 5a1.75; mostly around 1.50; poorer, low as 1.00; bushel baskets, Blles, large to very large-size, 1.50a 1.75; medium size, 1.25. Potato Market Weak. Potatoes—Supplies moderate: de- mand moderate, market dull; car lot mles—Georgla, South Carolina and North Carolina, bulk, per car, Tom Watsons, 26-pound average, some de- yed. 200.00; . 35-pound aver- |. , 350.00; Wonders, 35-pound aver- 0.00 Watermelons—Supplies liberal; de. mand dull; car lot sales—Georgia, 8outh Carolina and North Carolina, bulk, epr car, Tom Watsons, 26-pound average, some decaved, 200.00; excells, 25-pound average, 0.00; wonders, 35- pound average, 400.00 Corn—Supplies light; demand mod- market slightly stronger; home grown sacked, per dozen, sugar corn, val 33 Lib Owens 10 L y Cucumbers—Supplies very light; no sales reported. Peas—Supplies light; demand mod- erate, market ste Tax on Ears in Thibet. In Thibet there is a. tax on ear, and one-eared men are feeling fortunate n. The full tax only is lovied on men with two ears and it was the levying of this that caused revolutionary outbreak. One-eared nien have to pay only 50 | e per cent of the assessed tax. Those | without ears are completely exempt. Pyrene M. Missionaries Very-Active. issions today are maintaining 54,- | nropean and American men and | 1en of considerable education, and | hese missionaries minister to 21,000 000 persons, enroll 4,250,000 children in their schools, operate 1,445 hospitals, and care for 416,000 patients in a. vear, besides providing dispensary treatment for several other | millions. i e Wall Paper Making in 1790. Iohn B. TTowell established the first wall paper factory in the United States at Albany, N. Y., in 1790, but r was in ets onl; In 1799 °t, & Frenchman, invented king paper in rolls, nble, an Engl for mak Loyiz 3 # prosess for m and [ 1503 John may. se¢ured a patent paper in endless sheets. - —— Aprons Once Worn on Streets. About the time Shakespears was a achoolboy, more than four centurles ago, it was a common or mather a stylish practice for women to wear aprons s part of their street attire. Tt was a day of ornamented dress for women, who also carried small mirrors attached by ribbon to their helts, which they used to see that their wigs were on straight. Amesican Tel. & Capial _Traction Washington Mural Decorations Traced. Archeologists have found in southern liurope evidences of the first mural lecaration dating back, according to to the xth # <. B. . These decors rude paintings on the mitive living abodes and depicted for the most part tl liva game on which these early peoples depended for food sch n alls of these ncoln National | Rikes Second | Natl.” Bani | TRU: gl Child Welfare Widespread. In the United States alon approximately 7,000 child-c tutions and societi sl hundred n dollars a vear | laoking after 600,000 children who | . = ommerce hova been | removed from thelr | E Waanieion homes nainly because of proverty | Security Sav. | seventh Street health. Of these 7,000 in-|{oied. Stater or societies 1,400 are | Washington Mech which care fo 150,000 | American | Continental Tru there are | ¥ ring inst- | Birds and Animals Victims. entomologist bhirds are s Cnion | cotymuia Title | Real Estate | Tite & State 100,000 1ilinois nv 1 the same highw: show that more than "kens were elaughtered I rabbits, 20,000 gophers 0 snakes, 2,000 toads, 0 cats and 650 polecats. The :notor car's scythe of death cuts a wige swath and makes ne distinctions. ecurits Storer ashinzton *E« dividend prices for Warner changed where it compared with the previous closing figure of 22%. | the further sharp ri eased earnings of its sub- the Vitaphone ed, | the Vitaphone, a new invention syn- chronizing sound with the action of {showing of the Vitaphone will take week. 1 year will exceed $3,500,000. . loss of fiscal year ended March 31, 1 NEW YORK is an official list of bond: traded in on the New York Curb Mar- INDUSTRIALS, Hi 1 Ala Gt South. . 1 Allicd Pack new. Ipha Port Tem Csanam, vid m Super WP vic pfd 233 Auburn Auto Co 2 Beaverboard pf 3 Borden_ Co rad_ Firep: Brillo Mfe A. 1Duz Co A vt 1 Bond & s B&S B T 1 ord Mot Co Can 49 tion FUA 1 a A heaters A .. 4X A year or so ago Rund Kard ton Stock Exchange Bid and Asked Prices. BONDS. PUBLIC UTILITY. PUBLIC 5 Dairy 6 s Dars, 6% 5% Sea e Metropoli American Security & Trust.. s 3 . nion . . . They spend sev- | Washington Loan & T: demand at new high Brothers Pictures, hands above 4 tended its 54-point gain of last week and special buylng was in progress in Electric Investors and Lehigh Valley. Among high-priced specialties Glen Alden Coal stood out strongly, estab- lishing a new high for the year, when it rose more than 8 points. Du- rant Motor, which had been such a feature last week, felt the effect of | profit-taking sales, but was well sup- | ported at and just above 12. Stutz | Motor, however, came off almost a point, but selling was not heavy. The new Texas Gulf Sulphur was actively bought within a fraction of |its best figure. Rand Kardex 5% per | cent bonds lost a point at 117 at the same time that the stock was chang- The upturn ock last week and today were ap- | d _on’ expectations of the tion. s held of Corpor performance wa the demonstration cture. The first public | According to present s for the $1,337.826 in | point. 8Reo Mot .. .. 16 Rickenback Mot 15 Rockl Lt & Po. R Bak Pow ptd Sugar. 2 Fed August 9.—Following and stocks Bon® 1 [y ooy zaszsost o wsiogton 13 1301, ermnas 2 Ba vie e FEEFIEE 74 Sou 300 5 Stand Pub C 55wtz Mot .. wlicts 4 t 62 Tex Gulf 80w Thomp Rad Vi Axle. Prod. 141 M pfd 1003 FERRNE TERRAE SRS roe 1 wlhe B T A e e o R Dt e TR ™ cpiraaBion 1 s - 1% - - e i Eloe S - e ey Corn ¥ & OERRRNS Bk DAL SRS DR SR IO D I DA S ISR ESDIRS S ot 2N AL K DA~ DGt md B A D e o i oeaomamst ) ans A 457 Co 2 i MINING. o pid = 1 Calaveras Cop.. 11 Cons Cop_Mincs! 1 Eng Gld M Lid T 220 Eurcka Croesus. 10 First Th G N 67 Golden Center M. 40 Hawthorne M I. fecla Min. ... . roma v Dovel. 33 Ray Copper Cor 0 Naon VAl .ven tional Tin. wmont Mining 2R Sz E ¥ oo SIS T R R *# Lt St i FER PE ZaIensmer: FEE A 0 ooau g 2035 R e I3 3 Stah Apex.., Wenden Cop Sales INDEPENDENT | in hundreds. 10 Alien Oil . | 10Am Con ONA | % Beacon Ol . ardinal Peto rib Synd . t oG FEEOSNEE SR T SaS O St & SRR FRAREREST NS o 3 T 5 s inne - > o SRR EEr SRR » " e - £ E G Gult_Oi I 1 1 ey ay Panuco Prod . Pt R T Ao s WO bty RS L3 LoV e o RO LB O 31 2M 2 FEFEE d wisks 15 Bandem oI 1 Red 61 Reite 1 Royal Lyeses = e S0 S 00t R i 1 SO i B ERFET S o laees s $E8aSTco0d, e e Son s Boo: 00« Ster 01l 1 pd o Eaaaens P cr 22 = S st oo 582338 isens_ oo e t s G Sales STANDARD OIL in shares. 300 An A O mon vie 16%3 197 B 47 ISSUES. 10 Borne Scrsmser. . . 2 100 Buekeye P'L: . 4i 620 Continent Oi B0 103 0 Obio pE. .. 800 Vacuum O | salesin thoue; FAAT H m Gas & 16 Am Pw & Lt Us.. 4Am P & L 6s nw 1 10 ai TAm W W s A 92 at Wnit I 6snwi 7 PPl Pow bs Aso G & E_8s..1 B & R R 58 g oo (e s —10 at 103%, at 1035, 10 cr (o (o Crs ™ ZororocsnSomonroRoooTenIS5059n 1o D10 B RS LG AL B OB IS IS SSx A o i, e 0 S omeoEDhes 9OV0IDDODIS 153 G DG e G DI BRD LSS B SO 1N DOD BB il Refrig 68 T ik Tire 5138 P& LBs FEE SR ] SE5 - R IROE R 1R D! THEIS BRSO R PRNE TRNESEE B8 FERE SISTE SEESEEIEEESE R HIG 24 Ohio Ri 130tis Stl 6s A &Pan Am Pet 6 41 Penn Oh Ed 63 4PP&LDSD E P, Telz SEEE amics’ ing hands at a recession of @ half|the Chi PEE, 2= ST COMPANY e T EEEEE AR TNt R b s s bt 1S W Sales in thousands 2And N C 6w, . i Autioqua 78 A & Antioina 78 B avings & Com hanics ' FIRE INSURANCE, TITLE INSURANCE Tutig Co. M 1. com ELLANEOUS fe 5% S Wie_ 8 M 78 ax P Market.. Expected to Revolutionize | Flour Business. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, August 9.—Reduction in the railroad freight rates on grain, which went into effect today, is ex- pected by some experts to revolu- tionize the flour and milling business of the country. The Minneapolis and St. Louls Rail- road has reduced its rate on grain by 6 cents 100 pounds. The St. Paul, icago and Northwestern, the Great Western, the Rock Island, the Chicago, Burlington and Quincy, re- duced their rates in corresponding degree on Missouri River grain. The action of the Minneapolis and 3t. Louis gave the mills in Minneapolis and southern Minnesota a 3-cent rate advantage over mills on other lines. The other roads, therefore, sought and obtained permission to reduce rates so their mills could compete successtully with those in Minneapolis jand St. Louls territory. Differential Lessened. The effect of these reductions is to lessen the differential which has been operating in favor of Buffalo and Eastern milling points as against Minneapolis and St. Paul and the ‘Western centers to about 9 cents. This differential, according to North- western millers, has resulted in the diversion to Buffalo of enormous quantities of wheat formerly ground in the Northwest and will make it easier for the Northwestern millers to complete with those of Buffalo. This will work to the advantage of the grain grower, according to North- western grain authorities, for it will glve him a better opportunity to get cash premiums for graln and sell at the top of the market. It also means that he will be able to retain for his live stock and poultry the mill feed and offal which cannot be profitably shipped back to his farm from Buffalo. The action taken by the roads to- day will line up all the carriers which haul freight east from Minneapolis and will make it possible for tho mills which manufacture Winter wheat flour to deliver it east of lllinois at 8 cents less per hundred pounds. I C. C. Ruling Sought. The Interstate Commerce Commis- sion will be asked to make a ruling in the fight of the Middle Western and Northwestern railroads to handle the wheat crop of the Southwest. The commission has granted the six roads named above special permission to establish milling in transit privileges at points on their own lines. ‘The roads have told the commission that the Southwest has produced this year a tremendous wheat crop. In some places the wheat has been piled on the ground because railroads and elevators have been unable to handle it. This prompted Northwestern mills, which use Winter or soft wheat to mix with- Spring or hard wheat, to make large purchases. Many wheat experts consider the crop estimates of the Government on Spring wheat production too low. George Glebenhain, manager for James E. Bennett & Co. of St Paul, contends that reliablo reports to his firm indicate a large surplus over the Government crop figures. Information he has obtained from Spring wheat territory in Minnesota, the Dakotas and Canada indicates a much larger yield than has been expected. e RAILWAY EARNINGS GAIN. Western Maryland Co. Again Shows Profit Increase. Special Dispatch to The Star. BALTIMORE, August 9.—Earnings of the Western Maryland Railway once more showed a gain over last year in July, when estimated receipts totaled $2,003,493, against $1,665.016 in July, 1925. As has been the case for some time, increased coal and coke traffic is responsible for nearly all of the gain. This class of freight pro- duced in July $1,078,493, compared with $723,240 in the same month last year, a gain of 49 per cent. Passenger, mall, express, milk and miscellaneous freight recelpts were below last year's records. The July increase brings the read’s earnings for the seven months to $12,773,282, a galn of $1,628,393, or 15 per cent above the same period last year. e WOOL MARKET FIRM. Special Dispatch to The Star. BOSTON, August 9.—The wool market began the week with prices firm and a fair business volume in sight. Stocks of wools held in strong hands and considerable confidence in the immediate outlook is expressed. Manufacturers are the principal buy- ers, but top makers are understood to have booked some repeat business for heavyweight goods which may be a factor here. Most business is centered in ordinary wools. Buyers have paid up to 44 cents grease basis for Ohio quarterblood combing wool. N MORE FREIGHT HANDLED. Special Dispatch to The Star. NEW YORK, August 9.—In the week ended August 6, handled 42,280 cars of revenue freight as compared with 37,202 in the cor- responding week of last year. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY FORT WORTH, August 9.—Jobbers are selling three carloads of fruit cans dally in west Texas for preserving pears. This meahs 60,000 jars of fruit or vegetables are being canned daily by housewives. Canning rec- ords have all been broken this Sum- mer because of abundant crops and cheap sugar. NEW YORK, August 9.—Closing of the last Cuban mill grinding sugar has removed any uncertalnty as to the crop, which now is known to to- tal 4,877,461 long tons. Canners are going -ahead here in the bellef that sugar prices will not show a revolu- tionary upward tendency. NEW BEDFORD, Mass., August 9. —The Wamsutta Mills are installing the Casablanca system of long draft spinning in the plants here to offset high costs of production. The mills will have 23,000 spindles so equipped by September and plan eventually to have 200,000 spindles on this system. i | { ! CHICAGO, August 9.—The cheese receipts of Wisconsin warehouses de- creased 722,851 pounds during the last week and current trading stocks | decreased 1,051,749 poun Pmduc~l tion is decreasing rather rapidly. DULUTH, Minn., August 9.—Ship- ments of iron ore by the Great North- ern road for July totaled about 2,400, 000 gross tons, compared with 2,056, 000 tons in June and 2,186,822 in July of 1925. . July and was due largely to the fact that Atchison |. principles. when one has a some surplus for Over Forecast Indicated by Government Report. « simple regularly to set aside By the Assoctated thing for investment. A gain of 253,000 bales in the pro- spective cotton crop this year as com- pared with a forecast made a fort- night ago was shown today in the Government. semi-monthly cotton re- port, which placed indicated produc- tion at 15,621,000 hales of 500 pounds gross. The condition of the crop declined from 70.7 per cent of a normal to 69.8 per cent between July 16 and August 1, but as the decline was less than usual the indicated production showed an increase over that forecast July 16. The improvement in pi oc- curred chiefly during the last week in the installment plan. compulsion about it. to a fine. life insurance. The premium m saving simply because of this sity for regular payments. gard to securities. the number of leaf hoppers de-|gver, certain precautions to creased and the cotton began squar- ing and blooming much more freely, the crop reporting board announced. “At this time the crop is in a eritical stage of its development,” the board sald, “and fruiting will be materially affected by weather con- ditions during the next month to six weeks. Almost _everywhere throughout the cotton belt the crop is reported as being from a week to 10 days late, go that it will need ample time in the Fall for maturing. There is menace of material damage by the boll weevil should rainy |t weather come during the remainder | thi of the season.” Break in New York. NEW YORK, August 9 (#).—Cot- ton broke approximately $3.50 a bale here today following announcement of the Government 1‘1'(:])‘7 ‘iol\wiwt. which was fully 1,500,000 bales more ide a than some of the private estimates in | \1 “““;,‘;flt”“;::fi:’t";:o‘th';n‘“{“(‘:‘ circulation last week. 1 bt The cotton market was comparative- 1y quiet during today’s early trading, the bulk of the smail business in evi- dence being attributed to further even- bonds on the installment plan building and loan association. first place, one must be sure in installments. You do not all the payments are met. ing. wa; In no event should hought on installments. There much danger of a res ing to make it plan for anything upon the speculative. itself pays, It is comparatively easy large income to find investment, when, as with most of us, outgo just about balances income it is not so but some- Many schemes have been devised to aid along this line and among them the custom of buying securities on Somehow other it is not so hard to save money regularly when there is a sort of That {8 one ad- vantage of the building and loan plan. You have to pay your dues at the agreed upon time or become subject It is the same way Wwith or ust be met when it falls due, and often life insurance is regarded as a method of neces- So it has come about naturally that a similar method is adopted with re- There are, how- served in the buying of stocks or which do_not apply to life insurance or the In the about the standing of the broker or the house of which it s Intended to buy come into possesssion of the securities until Meanwhile vou rely absolutely on the integrity of the house with which you are deal- In the second place, only conserva- securities should be purchased in specu- lative or semi-speculative stocks be is too tion in the mar- ket valuation of the security you are safe to employ that verges Another portant consideration is the matter of im- id bal- above t ling market rate and it is desirable that it he not above the rate that the stock or bond being purchased ing up of accounts in preparation for Brompe) Action the Government crop report due at midday. The opening was steady at a decline of 2 points to an advance of 5 points and the activo months show- ed net gains of 3 to 4 points during the early trading on covering which was probably inspired by relatively firm Liverpool cables and complaints that higher temperatures were caus: ing the crop to shed in some parts of the Southwest. October s up_ to 2 and January to 17.30, but there enough realizing or liquidation to supply buyers at these figuies, parently, and prices were 3 or 4 points off from the best the end of the | first half hour. New Orleans Quotations. NEW ORLEANS, August 9 (#).— Cotton futures opened steady. Octo- ber, 17.14; December, 17.01; January, 17.01; March, 17.10; May, 17.20. The cotton market opened easy to- day with Liverpool cables lower than due and early weather reports indi- cating little rain in the belt over Sun- day. First trades showed losses of 7 to 11 points and prices eased off fur ther after the start to 17.14 for Octo ber, 17.01 for December and 17.00 for January. Prices soon rallied on cov. ering by the belated shorts in advance of the Government report due today recovering all the early dec Trading then became quiet. First 738 15th Street Stocks —BRORKERS— Established 1916 312 Evans Building 1420 N. Y. Ave. N.W. Tel. Franklin 7300 1010 Vermont Av CHICAGO LIVE STOCK MARKET CHICAGO, August 9 (United States Department of Agriculture).—Hogs— Receipts, 25,000 head; uneven; mostly 25 to 40 higher than Saturday; top, 13.65; bulk 170 to 210 pound averages, 13.60a13.75; most 240 to 325 pound butchers, 12.00213.00; bulk packing sows, 10.40:10. heavies, mostly 10.00 a10.25; early bulk, better grade slaugh- ter pigs, 13.00a13. big packers, not following early k heavyweight hogs, dium, 12.40213.75; light light, 13.00a13.85; 9.90a11.00; slaughter pigs, Cattle—Receipts, 18000 hea eral steer trade active; mostly 15 higher; top, 25 up on des vearlings and well finished veral loads yearling: 1.385-pound Mullocks, ockers and feeders and she s strong to 25 higher; bulls steady to strong; veal- | ers 50 lower; largely 13.00 downward to packers; outsiders upward to 13.50 and better. 1 Sheep—Receipts, 25,000 head: fat Jambs mostly 25 lower; some bids 50 lower; early sales Westerns, 14.10a .40; natives, 13.75a13.90; some held at 14.00 and a few above; culls, 10.00a 10.25; weak to 25 lower; sheep steady to weak; fat ewes, mostly 6.50a7.25; few yearling wethers, 11.25; indica- tions feeding lambs around steady. GRAIN EXPORTS SLUMP. Spectal Dispatch to The Star. | BALTIMORE, August 9.—Report of foodstuft shipments last week records another slump in grain exports. Ninety-six thousand bushels of wheat | were the only grain exported. Other | exports noted by the exchange were | 4,927 barrels of flour against 4,334 the previous week, 5,444,753 pounds of copper, 400 bales of cotton and 300 tierces of lard. osep THE PRUDI ok S i given it a cyholdess. of “THE PRUD) AR R BOMPANY. O AN ‘will be held at the Home in the City N of the Company to be held on of January, 1927. At such ‘moeting eorporation who 16 of the ags ol twe fores for at least one year entitled to cast one vote in EDWARD D. DUFFI | some We Buy and Sell Etc. The Washington Lo: 900 F Street 620 17th Street Centuries of Experience ILD &nimals consume as they go—saving nothing for the morrow. But centuries of experience have taught Man that he must always provide for the future. Today the question is not, “Shall I save "—but “Where can I invest my savings safely and with good yield?” The First Mortgage Notes offered by Swartzell, Rheem & Hensey Com- pany, with their 614 % yield and their record of fifty-seven years without loss to an investor, will solve this problem for you. Swartzell, Rheem &Hensey Co., NMort§age Barkers T27151h. Street, NV, WaskingtonDC. 57 Years Wsthout Loss to An Investor ~ Money to Loan Secured by first decd of trust on real estate Prevailin interest and commission. L Weller 532 ¥oi- & ¢ TO THE POLICYHOLDERS OF ENTIAL Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. Bonds 0dd Lots Carried on Margin Buck & Company Direct Private Wires to New York LOANS , D. C. and Montgomery Co. FRED T. NESBIT M. 9392 CE_COMPANY OF Amrc& NTIAL RICA AME] Office of eaid Com- irectors the Tenth day policybolder of tho oty-one or upwnrds and whose policy has besn in | st paat shall bo | ra0n ot by proxy. B0, Presidons. Liberty Bonds Treasury Notes Bond Department and Trust Company | Assets ...........$5,136317.22 Surplut e Subscriptions for the 91st Issue of Stock Being Received Equitable Co-Operative Building Ass’n JOHN JOY EDSON, President WALTER S. PRATT, Jr., 46th YEAR COMPLETED Organized 1879 ceenenen...$1,406,49576 THE VALUE OF SYSTEMATIC SAVING ~=in the Equitable can readily be seen by the fact that hundreds have built up substantial fortunes, acquired home- steads and saved money for their chil- dren’s higher education. Why not you join with these happy systematic savers? You'll be thankful a few years hence. 915 F Street The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Ejtate in the Dis- trict of Columbia and Nearby Suburbs in Montgomery County, Maryland FOR 3, 5 OR 10 YEAR PERIODS * = B0 == ON APPROVED SECURITY Apply RANDALL H. 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