Evening Star Newspaper, November 25, 1926, Page 11

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

FINANCIAL * DUCHESS ASSURES PRETENDER'S EXILE French Unwilling to Let Duc de Guise Return While Wife Agts “Royally.” By Cable to Tha Star and New York World. PARIS, November -*Oh, wom- an!” French royalists as well as re- publicans are exclaiming with a shake of the 'head. For they see the last ance the French throne, being ized new pretendér to the Guise, Duc, live de in the o vanishi with the growing Influence of the ender's wit It is said t svernme ready to abr fo ng mem: bers of the reig house of France to resi ¥ 1 territor The Duc de - on side w . promises that he and would even try quite willin wouldn't consy 5 moderate the zeal of royalist propi- sandist newspapers. He Is a peace- able gentieman farmer, asking noth- ing better than to look after his es- in Morocco, amd to en- and artistic pursuits of @ moder in of culture. The special envoy, Foreign Minister sriand, de to sound the duke, repor r am to all ~ugge: gove prejudice his to the crown of his chess upset a reising the ch » susceptible inhabi southern F g regard for ro iesides, she po many of these districts, 0 some eyewitnesses, - been in the nature of her royal s voulc laim But the plans by e “inspeetior by @ queen” for the purpose rais ing their courage and putting hope in “helr h z The situation became acute and the sovernment w 1 to take co nlzanco of when prefects T nayors wer receptions wes ported that tending the ing their official tri-color sash of lithf’ ) as they bent to kiss the ‘‘queen’s hand. Prefectorial reports continued table, main in 10 accumulate on the min s0 the Duc de Guise will exile. OLDEST SALdONKEEPER HAS 80TH ANNIVERSARY Berlin Proprietor Spends Birthday Serving Famous Brew to Pa- trons—Likes It Himself. By the Assoclated Press. BERLI November 25.— Karl Rutsch, dean of | s host of 1 best an in birth- cellar owners, and probably the known of the old type of publi the city, celebruted elghtiet fav anniversary oming down usual to his little saloon and restau- rant and putting in a full day in the | lve direction of his thriving busi ness saloonkeeper in the His birthday was just an ordi st hale over late nd ork for ¢ morning heer flowin at his tables »eral but not tom intem- THE EVENING STAR, WASHINGTON, D. — CAPITAL GIRL TELLS OF LABOR IN QUAKE-STRICKEN ARMENIA Miss Elsie L. Jarvis, zs,l : o Writes to Parents of Recent Experience. | | | Patients Prefer Open Fields as Shocks Terrify Within Hospital Walls. l Overcoming her first impulse to flee | for her life, Miss Elsie L. Jarvis, 26.| year-old Washington girl, returned to ! her work of nursing the injured, while plaster and other fell around her during the recent earthquakes ir Armenia, it is disclosed in a letter received here by her parents, Mr. and Wilbur Jarvis of 2515 Park Place east, “I was suturing a scalp wound T . while the doctor was amputating a | — ELSIE L. JARVIS. hand when we had the next sudden | shock,” the girl wrote. “Suddenly we | like hospital wards and beautifully found oursclves outside, and then |running. Medical male and female; rushing ek in. Funr surgica s, and now every day D iwilin, iristnct Gove we add another tent for obstetrics. consciously, for sclf-p had 20 bables born and today vation, w dashed out, to realiz » the quake | 0 far (noon) five are waiting. We had finished what we had have a huge dressing tent and an vush in again to find the place | administration tent, in addition to shaking, plaster all over the operating | the 11 ward . Fortunately, it room and the patients where we had | has been fai 3 a left them. | little slight drizzle. We've given care “It was all 8o sudden as to be un-|to ut 500—many discharged, and elieveable. Such Llanched faces and | now have about 300 patients. stern looks of determination on all| “Jim and I are on duty all da as we went on with our work. land divide the night. The docto K e work all night in shifts. Great Local School Product. gons with patients lying in on This spirited young woman who | straw came in from the ges with writes 8o modestly of h heroism i Russian docto and nurses. What a product of the local schools. : years She |a blessing it was to me to be able o from|to get along without an interpreter astern H hool and to« \uvuux‘.\'eg now-—it seems as though overnight in nursing at Murphy's Hospital in [ 1'q learned many words I'd never Baltimore. Later she went to the Vir | before known. They have no other gin Islands as a Navy nurse, and now | hospital in the city but ours, so, of s instructing a school « ive nu course, we come in for the share of in the Caucasian division of the Near East Relief at Leni wm, Armer Jarvis is believed to be the Washington representative with the workers at that point. [ixcerpts from her colorful letter We've b visitors from all ove pictured and taken movies of daily s0 look in the Pathe stuff for us. We feel rather foolish to be made a fus over, for we've done nothing except what anybody would do under the circumstances—we couldn’t help our- selves. “The student nurses are wonderful From Friday night until now we e all lived 10 e 2 jln'!lfh time sped quickly thefr work and morale unques- enough at times. : tionable and they're most untiring. Jimmy and I, having finished Take to Fields. Until to rolled in a b dinner, were in my room, sitting on the couch reading some of the latest magazi mail from America. The electrio lights suddenly went out, but v Jim and- I have just nket and caught a wink it R Ut [ when we could; but now we are to fabtar i an i we only hatv house is finished) the woman wi of Khatime. T tom acts as my assistant and secreta S e has been hauling us into innumer- ; ble soft boiled eggs and cups of nd hac myse! room rrang comfor re- the cushions coffee when she could get us. lkvery one has been marvelously good and umong vhe loud rumbling of under and B maretus ek Shunder il ieip i imlie: iquakes contintie— i S SOt nightly there are Il ones. We mmy * and clu t out of the hing one another we izh the dining room and i have moved our personal belongings (they sure seemed of no value when St the front dcor phactor tanne oo |we again theught of. them) to the our hoads and the ntice hotse oon. | noapital “biflafhg, and' we thought like & ship in the S 1 sleep in. But in the darknes stormy ses of the plain ilroad to I2 ing Our house is on the edg: it fields—and the n passes dircctly in front. We got out on the railrvad track and still under our feet was this violent pitch- ing. Suddenly from the city a mile| down the hill rose wild c a whole | city In_terror. through the of dust cover 1. L and silence the apprehension, i | cessation of duty, seems unbx 1nd we take to the open fields again, ind there sleep soundly. The seis: mograph at Tiflis dances jigs, but i propaganda tells us to shut our ears to the innumerable rumors goths around. The last astounding tion was the joining of the Blac Caspian S hts went out and Li moonlight 1! When it se ha med such a of the open shop are granted. HOLLYWOOD FACES UNIONS’ WALKOUT December 1 Is Set for Strike Unless Open Shop Ceases and 8-Hour Day Is Granted. By the Associated Press LOS ANGELES, Calif., November 5.—J. Bock, secretary of the Alllance of the Big Four Studio and Trade Unfons, stated yesterday that ap- proximately 3,500 employes of Holly wood motion picture studios were pre- paring to leave their work December 1 unless demands for discontinuance the stage employes, electrical of painters, ators. were mak- The unions which compose alliance include the carpenters and _ joiners, workers and brotherho paperhangers and deco Producers asserted the; | ing rio preparations for the impending { walkout and did not anticipate any- thing more than a temporary slowing- up of production. Most of their em- ployes, they said, are non-union men. Bock declared that the proposed strike has - the sympathy of the American Federation of Labor and would assume nation-wide proportions if_allowed to become effective. He said labor leaders were relying on operators in theaters throughout the country to join in a sympathetic strike. The unfons are demanding a closed shop and a standard 8-hour day, with time and a half for overtime. Over- time would be asked for all work per- formed after 5 p.m. MISSING INDIAN HEIRESS INHERITS $500,000 SUM Maud Lee Madd, Litigation Cen- ter, Becomes of Age—Agency Makes no Locating Plans. By the Associated Press. MIAMIA, Okla., November 25. Maud Lee Mudd, Indian girl, who has been the center of litigation for sev- eral years and who disappeared 10 months ago, became of age yesterday and inherited a fortune estimated at $500,000. Attaches of the Quapaw Agency, through which the girl come from lead and zine mining land is obtained, and the Osage Agency, through which she derives additional fncome from oil lands, will retain con trol of her wealth. She disappeared at Riverside, Calif., while on a honey- moon with Earl rdon, Oklahoma City automobile salesman, with whom she eloped o v ago. Her allowance of $300 a month has not been paid since. : ¥ The Indinn agency is making no effort to find the heiress. Officials in ated they had good grounds for be lief Yhat the girl i “lusion with her mother, Mrs. Susan Bomberry, or with friends of the mother. di INVESTHENT BY GEORGE T. HUGHES. _ Purposes of “Stop Orders.’ In the preceding article the situa- tion in the stock r et when the: are a large numbe ‘stop order: his own maincom- | to be quiet we went back into the| ‘‘Well, if I was so much annoyed L|just below the prevailigg price lev f Berlin's best brew. ! house for s, for it was quite cold, | guess I couldn’t sit in my old office in | was described. e way in which —_ — | and climbi the debris, 1 no | the b\n’l:hng Lzlvnlzt enough to \mu; all | sych condition undermines the i sooner grabbed a coat before the sec- | this. Jim and pretty steady. |whole price structure was described Italo-Greek Pact Signed. ond quake shook us again, and we| “In the villages around it is ter-|T¢ is now in ordet to inqui November 25 (#).—Premier | fled. rible. Avel in 10 villages are | v noce is by th k Minister t. Americans Are Safe. 12,000 hor s, 830 dt‘ful and 11 ']'l“l,‘,-,;n. 1t akens the itome n Italo fter we'd time to compose our- food 1 with their animals, |market position, what advs . on commerce and navigi- | gaves we realized that the loud report tobris. Just after re.|it to speculators to put in ba on a favored nation clause. | g N ven d d in the debris. Just after re e g | following which there had been 4| e in . eore firom fha Mboko Jorger? convention is effective for two tremor early in the invasion, and after a good harvest,| Stop orders are used chiefly fo: | been & cannon as we had supposed, | S i pened seems utterly | two purposes, one to protect profit but was the first quake. Assuring [} 05 ) 0 MV SOP EUE ST e The [ and the other to limit losses. Sup ourselves that all the Americans in | (5“0 cournge to rebuild is hard |pose 100 shares of General Motor: | our house were safe, our first thou to see. The big orphanage boys will | have been purchased 50 and sul was for our hospital, just renovated | ., gyt to help in digging out the |sequently the ¢ rises to 155. The {and runring smoothly. So Jimmy—|god, Jim, who was in Turkey dur-lspectator then has a paper profit o aryvland-Virginia-District of Colum- | You've heard me tk of Jimmy Mac- | jng “the deportation, it is the | He is unable to make up 1ncreasing cloudiness 1 warm- | idge—she's my ‘comrade’ in th most terribie experience she has ever mind whether or not to sell an r, followed by rain beginning late to- | work—floor ‘supervisor in the hos-|jived throush. Well, we haven't turn his paper profit into cash. He | night or t rrow, much warmer to- | pital—and I ran the quarter mile to | jjved through it yvet, for there's ahead | pegitates to sell because the stock morrow, followed by much colde the group of gray stone barracks p of which ‘we can be sure. | mav'oo higher and he would lose hi: arday which are our hospital| But heavens! even in America there | ition, On the other hand, there i West Virg rain and | buildings. We found gathered on the [are hur (we've just heard of | PIB LN, Pl o ity of the stock de much warmer cal | compound all patients who could walk | the Florida disaster)—so who is bt e A B thunderstc morrow | and all the day nurses, who ran to|anywhere? And who can be ¢ SSilb S ot Al me e S ey —much col t and|meet us, laughing and crying. Thank Since our work is quite orsa P | the | ‘ s [ those > flding an sEla Renile and ain, | turn it into a loss. So he concludes Saturday goodness thuse huge old buildings, | we can sit a while now and ‘again. | farn it Hto 2 loss. o he concludes . built by the Cossack Army, were| At night in the center of the big|that half a loaf is Records for 24 Hours. 1s Gibraltar. compound, with the ten P bread and puts in an order to sel Thermometer—4 pm., 52; 8 p.m. > made rounds through them all | we sit around a huge General Motos at | i153 stop. 12 midnight, 44; 4 anr, 35; 8 am to talk to the patients and found |all together—chauffeur c- | if the stock reacts to 153, he will get noon, our admirable little student night|tors, Russian and American. We|out with some profit, and if, on the tor 30.01 5 iisy it ine ;s | try to Lift our spirits by singing a o 3 E ce is co e Bar r—4 30.01; n Dbusy with the routine of things Lif ts by singing and |contrary, the advance is continued pm., 30.11; 12 mic S am, 3 Highest t at $:45 pm . Lowest tenig ture, 36, occurred at 7 am. today Temperat vear Tughest, o8, de Tables. «Purnish by United State. Coast | a Geode: Surv ! Today - Low tide, 6:40 a.m. and 7:03 | ; high 12:26 p.m orrow-——Low tide, 7 and 7:88 p.m.; high tide, 38 a.m. and 116 pm The Sun and Moon. Today—Sun rose 7:.01 a.m.; sun sets row—Sun rises 7:02 a.m.; sun sets 4.4 pm Moon rises 1025 p.m., sets 12:13 pm Autor ) be lighted one- e lamps te fter 1set half hour Condition of the Water. Weather in Various Cities. | i Tewperatuze. | \ 3 Stetions. = Weather. wes .38 Spokane WASH.D C (8 am Stations. e Fayal). Azores rmuda. 5 : Beria Rico.. A ana Cuba. th | come und the | those lines. | chatting with i happened. One little violinist for ac the patients but my duty is|companiment. It does t ittitude of | 8ovd, too—and the nurses so need a ning up | relief from the daily n. er and sand which had fallen—| Well, it's great tim e | 211 of the attic floors are covered with | ~“Much love and don't be worried B foot decn of sand to insure Winter | for we're so busy that we haven't auns opened | tme to worry.” warmth showered down. began to come | T Are You a Sucker? in. The Near I Relief at_once | E sent all cars and trucks to the Ispol- | Too many people put their money com for service and the injured began |in day dreams and wake up broke. sme up the hill £ e city to | Never put your name on the dotted ine until you have inquired of some one in your bank what he knows about some stock issue that is of- The operating rooms were opencd, I empty beds turned down to receive patients and all day nurses came back unasked, to work. Six tenms oper. |fered to you privately. ated ull night on the steady stream . — of injured coming in. etur and LOAN IS SOLD. head wounds from falling houses and | Iy NI oRs ke e . JOHNS, N. F., November 25 (#). “Somehow ~we got through thel guje in London of the new govern- n\vp.'hl ‘und day came, wht quak ment loan of $3,000.000, authorized at Sl ] gt | the last session of Parliament, was | Shock Alarms Patients. announced here yesterd The Bank bid, at 96%, was ac- of Montre: “The next morning the emergencies . slacked up a little, but the pat cepted from the city hospitals were — forred up because they (the « DIVIDENDS. bitals) were in & condition totally u S = " ltur occupancy. The of the pe Lalt e B sonned who lived in the city ous 100 nurses 1 having worked all the 1 day vefore. nt | Am Locomotive | DEEy pa- |Am Pianc.. “ectcoce “Wnen we made our rounds, n ents would cry to I be taken| 99 pgoic of doors and for who could | Assoeratéd " Gil 1t became a hard .t‘ I .“‘ \ i l;“( o ignore. Finally L e in the after 3y G ! wnother shock—less severe S | but to the nervous Q 2l t as bad. They got pani 1 3 i A ould not subdue them. 3 4 Limping and craw 8 § {way to the doors. F tion 1 told our chief t ove all out into the fiell ne did. Row upon 10w of be he sky and we were all gr We under do do B !Hood Rubber ful fo sunny day. 'y rilliant i 10 bri the boys from Poly on tents and have No phones were rap ha stled i I“- OW. f Nat Bk of Com nd she is d r by mud The fuel lented toge nd beast. the sun, you know what [ P’ S s under conditions could | > g st develop. Te 3.4 Wagons of Patients. o £ boys and the tents came. | o bf Qi lygon Americans were safe, as were S ¢ orphans, so we were relieved alor An automobile made entirely of So a fleld hospital was |parts from America has just been put set up. on the market in Austria by an Aus- Now we have 11 tents—arranged trian factory. 5 i I | the ¢ In the same w ¥y stop orders are used to limit losses. Taking the same example, suppose the price of General Alotors had gone down to 147 after the speculator had purchased it at 150. In that case he has a paper los of 3 points. He fears it might go further—fear and’ hope alternate in the speculative mind— and so he de- cides to put in an order to sell hi stock at “145 stop.” If the order is executed, he will have 5 points loss but it won't be 10. All speculators using stop orders to protect profits or to limit losses al ways take the chance that a much lower price will have to be accepted in the case of a selling stop and a much higher price have to be paid in the case of a buying stop than the figure set in the order. There is no of insuring against this possi- bility, but the danger is much less in the case of active stocks than it is with inactive ones. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY EVERTON, Mo., November 25.—A carload of corn cobs, the first ever shipped from the State for commercial purposes, has been sent to E pipe factories by the Arkansas Cob Pipe Works. Another car will be shipped later. Farmers are growing St. Charles white corn because cobs from this species are large and bring 30 cents a hundred. HIBBING, Minn.—In the season { just closing the Mahoning Open-Pit s shipped 2,500,000 is about the same It is the world's mine. Iron Mine here h tons of are. Thi amount as in 192 largest open-pit iro: _Contracts have been let tional Stores, Inc., for a new consolidated bakery and ware- house to be completed by August 1, with a capacity of 1,000,000 loaves of bread weekly. The ware- house will be able to supply 3,000 stores. NEW ORLEANS.—The pecan crop of Louisiana, Texas and Oklahoma is estimated by handlers here at 1,000 loads. The wholesale price for v grades is 40 cents a pound, with 2 to 15 for commercial grades. JACKSON, Mich. — Michigan State College has extended its campaign for increasing dairyving and the raising of alfalfa into four counties. Fifty-six counties have been covered since the campaign_started and 500,000 acres now are devoted to alfalfa, the crops from which are estimated to be worth $10,000,000. a., MEN AND MONEY By M. S. Rukeyser. (Covyright. 1926.) The epithet of being a Shylock, which has recently been applied by foreigners to the American banker, will disappear as interest rates on alien issues return to normal. The cost of money, like that of commodities, is determined by supply and demand, and the increasing willingness of American investors to place Old World corporate and gov- ernment bonds in their strong boxes is already substantially reducing in- terest rates on new offerings. The financial mind on this side of the in {s becoming assured that urope will emerge from the dis- turbances of the war as a solvent and productive continent. The handwriting on the wall is revealed in the progressively favor- able treatment which new foreign borrowers receive. Supes@rially, it would seemy that it would Wave been better for alien borrowers to have waited, ‘but_particularly in the case of German borrowers waiting would bave been costly. The disappearance of the old mark and the substitution of the new in 1924 had the effect of wiping out the working capital of business establishments. The main purpose of the great wave of bor- rowing from Central Europe was to refill the reservoir which had been depleted. Bullish German Stocks. _The willingness with which for- ’igners contributed to the renaissance »f German economic life was a factor in causing the great bull market in German 1ndustrial securities, which uave risen in excess of 300 per cent in the last year, recovering from the subnormal depression which accom- panied the return to a gold basis. Nineteen twenty-six will prove a_year of unprecedentediy large dollar loans to foreign industrial and public util- ity corporations. German enterpri: have been the largest borrowers eigl years after fighting ceased on the bat- tlefield. Finance do»s not hold grudges. Money is international, and moves to the places which seemingly offer the largest opportunities. The late Hen v partner of J. P. Morgan, once remarked that senti ment counts in business only when an individual can choose between two propositions of equal merit. Is the market right in taking a more optimistic view of the economic situa tion? ~ That is a question for the fu ture to answer. My own first-hand observations in European countries during the Summer left me of the opinion that, if Europe can maintain weace, it c isfactorily work out its economic problems. The whole sit- on will be sounder, however, when is 2 more reasonable understand- ing among the nations toward the cut- ting down of armaments. Stabilization of Franc. The next important chapter in the return of the continent to economic normaley will be the stabilization of he French franc. The immediate ef ccts of this desirable accomplishment vill be disturbing to French business and helpful to that of nearby nations which are already on a gold basis. But the liquidating of the devastating ffect of war oper will be ulti- mately helpful to F The Poin- are government unquestionably d is likely o succeed if it can retain political support while business feels the tem- orarily dampening effect of deffation he French government program can be facilitated by a substantial external oan, when and if the Parliament ap- roves the debt funding agreements with the British and American treas iries. The clearing up of the French situation r in 1927, wnd Italy to follow France toward a gold 3 Donald MacGregor Stern, youthful New York financier, who is now in Eu rope on an important private mission, who has been in touch with repre. sentative European bankers, sends me this comment on the Eurcpean set- in is noving in that direction, to tr: to_general conditions, T am a | bull on French dollar securities and | all dollar securities of ‘zechoslovakia at pre: Germany and ent prices. Eu- will be financing itselt on a low basis in 18 months or two The situation, I am informed, of competition for issues and can banking houses for busi- | I am still doubtful on Poland, | y and Italy.” Activity Abnormal. The activity of New York in gather- ing funds for Europe during the last three years has been abnormal and has been an attempt to meet unusual | conditions. The volume is not likely to keep up when normal conditions have ben restored. Other regions, however, are likely in the future to be actively in the field for capital. The most important of these is Rus The American rela- tlons with Russia are at present com- | plicated by non-recognition. The pres- | ent government in Russia appears to | be Keeping the forms of Sovietism and adopting the substance of capi- talism. In the more distant future Asia, Africa and South America will | look increasingly to New York for | financial succor. At the moment New | York ting in the rider's seat in world finance and is learning a tech- nique which will help it to retain it place in the more competitive. yi that lie ahead. London, the pr world financial center, has to a extent regained its leadership firancing short-term _current operations. resulting from the protracted coal strike and the trade depression, Lon- don bankers have played an important and gallant role in recent operations. LORENZ BACK Surope ness. in te trade In view of the handicaps BACKS EUGENICS. Sees Humanity Destroying Humnn-l ity, Saving Weak. NEW YORK, November 25 (#).— The mentally and physically unfit should be denied children as the only means of preventing the degeneration of mankind, Dr. Adolf Lorenz, noted Vienna surgeon, said yesterday “Our sense of humanity is destroy- ing humanity,” he asserted. “In sav. the weak of mind from the zards of a havd and selfish world, prolonging the lives of the con. stitutionally weak persons with herdi tary tendencies toward physical and mental disease, we are allowing more and more of the poorer human stock to survive and reproduce. “The only way in which to check the tendency toward degeneration and | turn the tide the other way, is to prevent the poorest stock from re- producing. I am afraid that we are sull 2 long, long way from doing that." the number of “party line” telephones in _the country. Mofiey to Loan | Secured by first deed of trust on real estats. Prevailing interest and comr i ‘rust Vash. Joseph 1. Weller {30 W ush L £ Trom o] HOME OWNERS | LOANS Up to 8200 within one day. 8% Interest_and brokerage. N6 red tape. We take 2nd, 3rd or dth trust. Bring in what pavers you have to your property. Fr. 8819. Real Estate Small Loan Co. 702 District National Bavk Blds. THURSDAY, NOVEMB Ireland has a campaign to increase | R ER 25 1926. MEXICAN SILVER PESOS SLUMP WORRIES MINERS MEXICO CITY, November 25 (®). —Considerable uncertainty has been created in business circles by a fur- ther slump in the value of the silver peso, which has been declining for | me time. At present 100 pesos, silver, are worth only about 92 or 93 pesos, gold. The drop in the price of raw silver in London and New York Is causing some Mexican mine owners to reduce operations and lay off workmen. It is reported that some of them will shut down completely unless the sil- ver situation improves. WALL STREET BRIEFS NEW YORK, November 25 (#). Che MNew York Stock Exchange, the curb market the cotton exchange and all other securitfes and commodities markets are closed today in_observ- \nce of Thanksgiving day. Being a legal holi the banks also are closed. American Bank Note Co. declared an extra dividend of one dollar a share n the common stock, and raised the quarterly rate from 40 centd to 5 ‘ents a share. The extra is payable December 30 to holders of record De- cember 8. e The gold movement to Canada was augmented with another shipment of $2,000,000 by the Canadian Bank of Commerce more than §5,000,000 this veek. Surplus of Atlantic Gulf & West Indies steamship lines for the first line months this year declined to 3313426 after charges, equal to § 1 share on the preferred, from $1 777 in the same period of 1925, or $5.85 a share on the common stock, after preferred dividends. October net operating income of the Lehigh Valley Railroad rose to $1,651,- 134 from $686.,261 in October last year, and for the 10 mo 0f 1926 to § 110,281 from $11. October gross galned $1, Net earnings of Otis Steel for the months this year were $2,412,254 fore depreciation and Federal taxes, zainst $1,817,693 in the same period of 19! Servel Corporation reports increa: ing sales of its gas-fired refrigerator: \ large order for machines having been received from the United Ap- ! » Co., The Merchandising Co. of Consumers’ Power Co. of Michigan, in addition to substantial busin from the Consolidated Gas Co. of New York. Directors of the National Bank of Commerce in New York declared an extra dividend of $2 in addi regular quarterly of 4 pe transferred $5,000,000 fr profits to surplus, r: 310,000,000, The Pere Marquet charges for Octoby fon to the cent, and m undivided sing it to surplus after against $1,059,451 in October and for the 10 months this year, 728 again 5,098,427 in the same period of 1 October gross was $256,386 larger than a year ago. Shell Union Oil declared an extra dividend of 60 cents a share on the common _stock and the regular quar- terly of 35 cents, both payable Decem- ber 31 to holders of reécord Decem- ber 10. One of the I est orders for crane material in months has been given to in the Reading Cl & Block Co. by Wire Co., sub ary of United & tric hoists and half a ton capacity. cranes. of WILL AU(SHZNT FLEET. NEW ORLEAN: (Special).—The f tween this city ppi barge line has been so h that the Inland Waterwavs Corpe tion announces that it will add a t November movement_be. Mobi nt and boat and two barges to supplement present_equipment. The new service starts December 1. . SR . ken through the eye as the camera lens t of glowworr were exhibited entists in_Lond a recently. HOME FURNITURE LOANS From $50 to $118.00 if your is more than $100 mont . Two days to set repaid small monthly t Co, v o} Provident Mutual Life Insurance Company Funds to Loan In Small or Large Amounts at 5'2 Per cent. WM. H. SAUNDERS CO., Inc. 133 K St. NW." Main 10167 N.W. When You Need a Loan Think of Welch, Realtor Loan Specialist Money to Loan At 51,9, & 69 Interest Before Placing or Renewing Your 1st_or 2d Trust Get Weleh's Figures Reasonable Charzes. (No Fxtras) 15th & N. Y. Ave. Main 431647 its. re Loan Procureme . 3 Hurlow Ave.. Rosslyn Acrgss Street From Bar Next to_ Restaurant 22 First Mortguge Serial Gold Bonds Provision made for payment of District of Columbia Five Mill Tax MATURITIES: 2 TO 12 YEARS { CAPITAL & SURPLUS OVER $8,800,000 17th and H Streets, N. W. ‘Washington, D. C. Telephone: Main 884 Pleass send me. without obiigation, e e information _ regarding the e et v e e G iss—— ates Steel, for 160 | convention of sci | | | | | | | | | | | | i FINANCIAL. 11 FOR SALE First Deed of Trust Notes Bearing 6'2% Interest See. WELCH Resltor Established 1899 G. M.-P. MURPHY & Co. || Membders New York stock 15th and New York Ave. Ezchange Main 4346-4347 | Successors to No Loss to an Invesior in 27 Feare || JOHN L. EDWARDS i & COMPANY 1416 H Street Northwest 52 Broadway, New York Richmond, Va. Newport News, Va. First Mortgage Investments Improved Real Estate in the Nation’s Capital secures each one Annual 6"% Mortgage Investmend Dept. (SHARNON. & TOCHY) 718, 715 and 717 14th St. Main 2345 John Milton 1608-7674 OHN MILTON J read in the original from Greek, He- brew, Syriac, French, Spanish, Latin and Ital- ian. Yet at thirty-two years of age he had never earned a sixpence! His family’s wealth supplied private tutors and an edu- cation at St. Paul's and Cambridge. And Milton pursued his scholastic pur- suits with the same high, intense purpose with which he later in life wrote “Paradise Lost.” Diversification Insures Safety You Can Now Invest _Any Amount in 80 Corporations Representing 19 Industries ‘Which Are All Paying Dividends. CIRCULAR ON REQUEST. But these were mo- mentous years in England ! The country had just been through the Crom- wellian Reformation and Restoration, and fortunes were changed over night. So when Charles ascended the throne, Milton, a Cromwell supporter, was fortunate to escape with even his life, let alone his savings. It ulde e [omeay p [WISTMINT Secumiries WOODWARD BUILDING WASHINGTON, B.C. T oue ‘Today, however, condi tions are stable and one's fortune made, it can be preserved by.wise invest- Continental Trust Co. || Dievervey oo et 14th and H Streets | investors today turn to £ First Mortgage 6%4% Capital $1,000,000.00 | notes issued through Swartzell, Rheem and Checking Accounts Savings Accounts Time Deposits Foreign Exchange Commercial Credits Travelers’ Credits Travelers’ Cheques Acceptance Credits Collections Real Estate Loans Collateral Loans Investment Securities Corporate Trusts Individual Trusts Administrator, Executor Safe Deposit Boxes Continental Trust Co. 14th and H Streets Capital $1,000,000.00 Hensey Company, because they know that through many years of war, peace, storm and stress, these notes have always been safe and have paid their interest dollar for dollar on the day due. This stability is avail- able for you. Swartzell Rheem & HenseyCo., | Mortgade Bankers T27-15% St.NW. Washington.DC. &7 Years Without Loss To an Investor The New York Life Insurance Company First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland 3 Years, 5 Years, 10 Years =~ 5%% RANDALL H. FAGNER:® COMPANY Incorporated MORTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Office Building: Business Properties Homes OLDEST NATIONAL BANK IN DISTRICT OF COLUMBIA This Thanksgiving —marks the one hundred and twelfth in the his- tory of this venerable, though vigorous institution. Your grandsire, no doubt, utilized “Metropolitan” facilities. Do you? National Metropolitan 112 112 Years Years Old Old 15th St., Opposite U. S. Treasury

Other pages from this issue: