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TIN « ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. & La. Ave. N.W. 63rd Issue of Stock Now Open for Subscription Shares of Stock, $1.00 Each Payable Monthly James E, Connelly James F. Shea President Secretary Complete Investment Service GreLeTr & CO. SANMERS INVESTMENT BUILDING WASHINGTON. D C. Telephone National 2460 We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street PROPERTY MANAGEMENT For nearly thirty vears we have maintained a il:or- oughly equipped rental de- partment and we actually retain some of the original accounts. Extracts from a letter of a property owner recently received—"1 certainly do thank you for the excel- lent and prompt manner you manage my rent busi- ness, even in trifling de- tails, ¥ o u r viligance, courtesy and sympathy are unparalleled. etc.” Try this service. Moore & Hill, Inc. (Since 1900) 730 17th Street N.W. AR T1 ) v Tone"PEnmies “WH EN you buy Rolling Stock be sure vou buy Hood Tires.” 1636 Conn. Save Your Money Where SAFETY Is GUARANTEED There's absolutely no ele- mens of ik in Guarants | Notes and 6% are roperties its_sub- and safeguarded by our 33,400,000 resources. Employ _your. 1o earn 6% with TI 08T SAFETY in these = high- character securities. In denominations funds UTM from Can be purchased o monthly payments. The Succers on request! Hmmufiwmm CoRPDRATION Capital Resources $ 3,400.000 24 JACKSON I‘I,ACA/ ANCIAL IBOND PRICES GAIN | Cox sex vonx BOY IN STEADY BUYING; ., 55 5= Advances Are Scattered Over! Broad List of Securities. Market Active. Special Dispatch to The Star. : NEW YORK, October 7.—There was increased interest in bonds today. with small gains seattered throughout the list. In the firsteclass railroad is- sues and public utilities practically every price was somewhat above Sat- urday's closing. The Imy!nl brought the convertible issues along, 100, -lmou‘n they showed a greater tendency to follow the move- ments of their complementary stocks. Goyernment issues and foreign loans shared in the improvement. It was the first appearance in many i months of an aurertve demand for | bonds, and was the Tesult of the lon{ and extensive decline in stocks. i ers were bidding for the high-grade is- sues on A larger scale than at any time this year. The demand centered on the legal rails and public utilities which have been available of late on & 5h?e cent or slightly higher bases, and which are generally taken by the insurance companies. There has not yet been any knowl- edge that banks are coming back into the market, as their lcans on cus- tomers’ collateral are still high and they are disposed to use their surplus funds in the call money market so long as the rate stays at 6 per cent or better. | In the I\er grade list Chesapeake | 55, New York Central issues, Southern | Pacific 41,8, Youngstown Sheet & Tube | 55, and ‘'North American Edison all recorded decided gains. ‘There was also a generdl improve- ment in the junior carrier mortgages. St. Paul adjustment 5s were up frac- | ' tionally Denver & Rio Grande West- (ern 55 were a point higher. Others to make gains were Florida East it | Fiat Tn x war ‘46 6s. Missouri & Pacific issues, 8t. Louls | Finiand 5% | & San Francisco 4';s and Chicago, | Finland s f 6s Rock Island 415s. { Finland 7s. The tobacco bonds were still rising |1-um-r|cnn % in response to the gains in their stocks. | French 7= Exceptions to the general trend in- | French 7%, cluded Commercial Investment Truat | Garmun Bank 515, oft 2% points: Goodrich 6'2s, off {German . slightly, Remington Rand 5%s, down a point. and Fonda 4!5s, down 2 points. Alaska Gold Mine 6s, due in 1925 nndl ! defaulted, sold up 4. points at 8. In- | !ternational Rallways of Central Amer~| ica 6'38 were up 134 points. H In the foreign list' Kreuger and Toll 5s and Leutaro Nitrate 6s were both | higher. South American and Central European bonds were higher, though French issues were a shade off. S | . 27 7 9811 988 91 9815 9813 9815 10 9628 9628 96°8 10 1004 1004 1004 4 10218 102138 (0218 16 10818 10613 10613~ !inum;.';. A T Lib3%s... Lib 15t 4% % Lib4th 434 » US3R84T. US4yns2. Australian Argentine Belgium 8s. Bolivia s ct " Bollvia $s Bordeaus 6s. Brazil 6% 81926, Brazil 6% 1937, Brazil 7s.. Brasil 8s. Danish Munie Denmark 4 %= Denmark §%8 Denmark 6 Dutch East | 516 AT RS 87 Japaneseds. ... {Japanese 6153, Kreuger&Toll s et. | Maraeilie 6s. A Mexico 4n 10 asnt. . Milan 63%s. . etheriands 63 7: w S0 Wales 57 w So Wales 58. . ord 6155, orway 551963, way 5348 '.Washington Stock Exchange ! SALES. Washington Gas 6« B—$200 at ! | Capital Traction Co.—20 at 87, 20 at 87. Potomac Electric 6% pfd.—5 at 1117% | Lincoln National Bank—6 at 420. nggt National Bank—5 at 610, 10 at | yorway 6s 1945 Norway 6= 1952.. Ori % .Lammn Monotype—10 at 130, 10 at 13, | Or'ent dev 8% s és, 5 at 130. | Paris-Ly-Med 6a. | Merchants’ Transfer & Storage pfd.—10 | at 10813, 5 at 104, 5 at 103%, AFTER CALL. Potomac Electric 5': % pfd.—5 at 105%. ! Potomac Elect. Cons. 55—$1.000 at 93%,. | Washington Gas s A—$1.000 at 100%. Capital Traction Co.—10 at 87 Georgetown Gas 55—$500 at 97'; Chevv Chase Dairy pfd.—10 at 107, 5 At 107, Bid and Asked Prices. BONDS. PUBLIC UTILITY Peru 681960 Peru 68 1961 Poland 6s 40 100% Rio Gr Do Sul 8s. .. ..‘ Rome 6%s. . Sao Paulo 1960 Saxon (PW) 17 Seineix4z.. 8 SerbaCrSiav 7s | Serba Crot Sle | Shinyetau 6358 52. | Soissons 6 Sweden 5% 5 Sweden 6 \\'lth va & e MlGCELLAN /OUS. e Chestnut Plrmfl Dairy § Chi{'y Cha C a8 D. aper. Por" sommt Stock Ld. W. M. Cold Storage 5 Wash. Cons. Title 6s.. STOCKS. PUBLIC UTILITY. | Amer. Ter. & Telga. Gavital Traction Co Wshinston. G Tokio 5% 1961, Utd Kingm 5% m 37, { Uruguay 6 Uruguay 8 Vienna 6s ‘52 Warsaw 78 Yokohama 1 91y MISCELLANEOUS. | Abram&Straus5%s 13 10815 108 Alleghany Cp 55°44 79 1004 Alleghany 63 49 wi. 205 105% Nis Am Chain 6a'33. Am Chem 6% ev | Am Int Cor 5%s 4. 92 | Am NatGas 6%s 42 Am Smit & R 15t bs Am Sugar Ref 6s. . Am T&T e & Anna | Wash.. Balto. & Annap. pfd.. | NATIONAL BANK. | National Capital - 23t Am Tel & Tel 6%n. i Am Water Wka 5s. |Am Wrig Pap 65 47. | Aromur&Cos 5439, Armour Del 5%, . rsflmoml Bank ‘of ' Washington fos TRUST COMPANY. | American Security & Trust Co..*45%, | Gentinental Teust .. erchi Sank 15 Netions] Eavingi | Union Trust | Washington 1015 ki 100 Bell Tel Pass B Bell Tel Pa 6s C. an & Trust. SAVINGS BANK. | Bank of Bethesd | Commerce & Savi a8 “Washington Beth Ricel 6345 53 Beth'ehem Steel 63 Bush Term Bldg b3 n-Td 6%s rete Chile Copp Colon O}l 6 Col GAF 6s May 62 Com Invest 5% 5 '49 Com invest 65 '4! ConGas N Y 6% | Seventn mm United ® Stat | Washington Mechanics FIRE INSURANCE American i Corcoran PFiremen's National Unien TITLE INSURANCE. Columbia Title. e . %fll\l llill’ Tfll. G e Wash. Cunl TR!! ord... MISCELLANEOUS. Barher & Ross, Tnc. com Cuba Canecv 7s. Cuba Caness. .. L s 10:% 96% a8 ” 96% 101% 5 10615 East Cuba Sug 7% s Fisk Rub 8 Humble Of} Humble O & R §% 111 Bell Tel 6 Wash <o; | Wash. Meaical Bids. Corp. Woodwara & Lothyop pid. . . — SHORT-TERM SECURITIES. (Reportea by J & W Sel | 4% Int 'l'lll'l‘ul 44nev 19 Kan City P& L b Kendalls s 43 0N Aluminus B Lon Gas & EI McCormek ER Midvale Steel Montana Pow b Mor's&Co 181 4% Nat Dairy 6% NewEngland Tel 68 N Y Edison 5= 44. N ¥ Edi:on 6%s 23328233322887 2323388; 9 Wl 17 98% 104% fior States Poh- :. jor States w §s. wi'b: ':;’5’&3“&» %8 1 Pacific Gas & E1 bs. - % | Erie conv Ex 7 99% Ulster & Dlroflh'l'hcsc- Sales, mlh l.mlnllonAr 633, ll Rem Rnd 5%s Sinclair O11 Sinclair O1l Sin Pipe Lin Southwest Bell Stand Ol N J 48 RA!LROAD. Al& &Bir4s3i.... 8 As&SKevt 48 05... 14 l7 Brooklyn Ele Bklyn Mank Bkivn Un FI Buff R & Pltts 4 %8, Bush Term con 6 | can Natass 20 {Can Nat4lan &ll"fll Cent Pac 1st én Ches & O Corpn Cihi & Alton 3 Chi& 111 gn Chi Gt West ¢a n. .20 Chi M&EStP 443 E. Chi Un Sta 448, CCC&StL 4 Chi& W Ind cn C&W1bhnez Clev Term 5s Clev Term 5%4s. ... Cuba R R 5 Cuba R R 7% Cuba Nor b%s Del & Hud 18t rf ¢s, Del & Hud is 3v. ... Den & Rio G en 4a. . Den& RioG 44 236 . | DRIOG Went 6 Erie 15t cons Erie Gen 48 | Eriecv 5x 67 ~ aolaPm wnrukN-IRNE 2 Erie & Jersey s. ... Fla East Cés 7 Fonda J&G 4%s 63, Ga& Ala 18t b 4 Gr Trunk st db Grand Trunk 7s Gt Nor 4%8s 76 D, Gt Nor 4 4s &, Gt Nor ba ZaneB-55 we 11 Cent 48 53 111 Cent ref 44, 111 Cent 4% 3 6§ Int Rapid Tran; int Rap T'r 68 stpa Iat Rapid Trans 7s {Int & G Nor 5819 | Int &G Norad) éxs Int Rys C A 5872, Int RysCA 634 Int RysCA 6348 Kan City Ft 8 ¢s. e { LehiVgen 4 5.- 2003 L& N 4%82003 Man Ry 1st 45 90, % | Market St 78 40. Mill El Ry&Lt 4748 Minn & SiL ref 4a. M StP & SSM 634s. M K &T adj b8, . M K &'F pr In | Mo Pacific gen ¢s. Mo Pac bs F 17 Mo Pac 55 G 78.. Mo Pac 5345 49 INRMayas NOTex& MbsB.. N Y Cengen3iga.’. N Y Cent 4 98 N ¥ Cendeb ©a PPy R | Nor Pac 58 Nor Pac rf 6 Ore Short L rf 4 Ore Wash 1st Penna con 4 e wak seoR Port R L& P b8 42. Port RL&P 7348 ¢6., Reading gen ¢ 45 A Reading J C 4x b1 RIArk& L 4% StL 1M&S gn StL IM&S R&G SIL&ESFplénA. StL&S F 4487 StL S W con 4833 SBAIIFIaés3bA. Sou Paccit 4. Term Asso 8 L 4s Term Asso St L Tex Ark FS ‘f Third A Tol Tr 148 53.. Low. Close. 1014 101% 108 96% 108 26% 96a 1s 10518 83 99 1 |Of the week. Ba% | 09y 97 61 ‘Il“hm‘n fowls, 22a23; 108 1105 | 941y 938 10103} 1061 109 734 0 86 7% | D. C., IS PLENTIFUL HERE Tomatoes and Other Stock Received in Large Lots at D. C. Market. Bupplies of vegetables on the country line and in the commission house Wis- |trict this morning were approximately four times greater than the average | supplies on hand the first market day | It was explained by dealers that much of the supplies were held ovzri from Saturday, upecmly corn, tom: One dealer had 80 “And the corn this morning was about as cheap as I have ever known observed & dealer. ‘Much of ‘it i8 not tender enough for food purposes,” he ldd.d “and will eventually serve as feed for hogs and horses. Prices of the stock held over sold from 28 to 75 cents, according to the | dealer, while fresh stock received this morning sold at $1 and $1.25. Tomatoes Plentiful. ‘Tomatoes continued plentiful, sup- plies from the country selling from 50 cents to $1 for 2-peck baskets, culls selling a trifie lower. Hothouse stock from tabula, Ohio. packed in small baskets, sold $1 and $2, while! California stock, in I sold at prices quoted for the hothouse stock, the lugs containing & Jarger quantity of the vegetable than the culls. mmense supplies of numerous other | vegetables also were offered the uun‘ trade at reputed low prices, but de- | mands of the latter were not brisk. Dealers in other commodities also had supplies left over from the Sat- urday market. A continued firm -con- dition of the butter and egg market was reported, prices being about the same as prices quoted last week. Meat sales were reported on the in- crease tod dealers explaining that increased supplies were necessary to feed the thousands of persons here | from all parts of the country. Prices of most commodities today were sub- stantially the same as prices quoted lat the close of last week's market. : Today's Wholesale Prices, Jobbers' | | Prices Slightly Higher. | Butter—One-pound prints, 47a43: | tub, 46a47; store packed, 30m32. Eggs—Hennery, 48a50; fresh selected. 41-4!: current receipts, 42a44. Poultry, alive—Turkeys, hmA 3 toms, 33; Spring chicken: | brotlers, 30; Leghorns, 25a26; fo'll, 2! roosters, 2. ducks, 15a20; keats, youn( 60270: old, 35240. Drzased— rkeys, 36a40: Spring | chickens, large, 38; medium, 36: broil- | (ers, 38; Leghorns, 34a35: roosters, 26; ducks, 28a30; keats, 80a1.00. Meats—B 221525; veal, 26a32; |lamb, 25a27; pork loins, 33a35:. fresh | (hams, 28 fresh shoulders, 22: smoked hams, 28: smoked shoulders. 20: bacon, 28:lard. in bulk, 14; in packages. 15. Live stock—Calves, 15'3; lambs, 12a13. | Fruit and Vegetable Review. ‘The daily market report on fruits and | vegetables compiled by the Market News | Service Bureau of Agricultural Eco- nomics says: Apples—Supplies moderate; demand | | moderate, mnrket steady; bushel bas- | kets: Virginia, 8. No. 1, 2'; inches | up, Grimes, 200-2 25; few hlghex. un- | | classified, 215 inches up, fair color, 1.25 a1.50: U. 8. No. 1, 25 inches up, de- | licious, best, 2.5083.00; few, 3.25; Yorks, | 1.75a2.00, 3 inches up, U 8. No. 1, 2.25a 2.50: unclassified, 27, inches up, 1.50; {U. 8. No. 1, 215 inches up, Stavmans, 1 1.7522.00; 3’ inches up, 2.25a2.50: un- ciassified, various varieties, 2%, inches| un, 1.25a1.50. Cabbage—Supplies moderate: demand light. market about steady: New York. | -pound sacks, Danish type, 2.00a2.25; | mostly around 2.25. | Celery—S8upplies light: demand mod- erate; market steady: New York, 2-3| crates early vareties, best, mostly | 5; fair quality and condi- | i Grapes—Supplies of Eastern stock | | moderate; demand light, market lbout | steady: New York, 12-quart climax bas- kets Concords, U. S. No. 1, 50a25; 2- | quart climax baskets Concords and Ni-‘ agaras, 18a20; Michigan, 12-quart| gloi:mx baskets Concords, U. 8. No. 1, Lettuce — Western _stock: Snpplies | light: demand moderate, market slightly stionger; Colorado and Calffornia crates, Jceborg type, 4-5 dozen, 5.00a5.25; few higher. Onions—Supplies moderate: demand ! light, market steady: all U. 8. No. 1, | medium to large size; New York, 100- | pound sacks, yellows, 2.00a2.25; Indiana | and Ohio, 100-pound sacks, yellows, | mostly around 2.25. Potatoes—Supplies liberal: demand | moderate, market about steady: Maine, | 150-pound sacks, Cobblers, U. 8. No, 1, | 4.2504.50. Sweet potatoes_Suppiies moderate market about stead: demand | Bast shon rn nd cloth-top bar- de- | rels, yellows, 3.2683.50. String beans—Supplies liberal: mand light, market weak: North Caro- lina and Norfolk section Virginia bushel hampers, green, few 1.25: poorer, 1.00. Lima beans—Supplies moderate: de- | mand light, market weaker; East Shore Maryland bushel hampers, 4.0024.25; few 4.50. ‘Tomatoes—Supplies liberal; demand light, market weaker: nearby Maryland, 13-bushel hampers, best, 75a1. POOr ] :rsoso; California, lugs, ripes, 6x6, 1.25a Commodity Notes Lumber. NEW QRLEANS, October 7.—Mills of | ! the Southern Pine Association repon that production Iast week rose 61,161,000 feet, while new huflnun dropped to 54,946,000 feet, 2 loss of 11.9 per cent shipments amounted to 62,091 000 feet and orders on hand to 169,- 705,000 feet. Toilet Preparations. Reporis from London indicate that the women of Great Britain will spend | $325,000,000 on cosmetics this year. MARYLAND TOBACCO SALES. BALTIMORE, October. 7 (Special).— Both receipts and sales of Maryland leaf tobacco continue to decline, tie former totaling only 538 hogsheads, while sales reported amounted to 503 hogsheads, leaving a stock in State to- bacco uuhnunx of 10,276 hogsheads. While demand hus eased off to some extent on most lines, prices are holding firm at the lolluwln qumuom per 100 pounds: Inferior, 700- common and greenish, common, 21.00a30. 40.00; good to fine’ Ted, 41. fancy, 51.5052.00; seconds, common w Union Pac 4s Union Pae 1st 48 Union Pae ¢ %s Virginia Ry ! there is nothing essentially new ir. sight | tube is still the 1929 talking point. Last | sets, electric tubes and electro-dynamic | | or 32,205 barrels daily, in August. Wheel&LE rf 4%s. Wis Cent gn 45 49.. MONDAY, OCTOBER Y E:':E_EBONDS@ VEGETABLE SUPPLY | [ ew sccuries | B7 the Associated Press. NEW YORK, October 7.—New security nfltflnfl um include: d Corporation, 1,000.- m -hnrel capital atock. Priced at $60 4 share. y Offered by Stone & Webster and Blodgett, White, Weld & Ce., Marine Jnion Investors, Inc, and Schoellkopf, Hutton & Pomeroy, Ine. City of Atlantic City, N. J., $1,973,000 $% per cent gold bonds, dated wlm' 1, 1931 to 1969, inclusive. Priced to yield from 6 and 4.90 per cent, accord- ing to maturity. Offered by a syndicate composed of Lehman Brothers, !mnel & Webster and Blodgett, Ames, Emerich & Co. and others. Railroad Shares Corporation, 1.500,000 shares no par common stock. Priced at the market. Offered by a syndicate, including C. D. Parker & Co.. Inc.; R.E. ‘Wilsey & Co., Inc., and Biddle & Henry. INCREASE IN RADIO INDUSTRY IS SEEN: \ Sport Events Expected to Aid Sales. | Foreign Business in Prolyeet. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, October 7.—Opening of | the foot ball season Saturday and the ' start, of the world series base ball games on Tuesday are factors that the radio | industry is counting on today to start, | it on its biggest selling period of the | ear. % Lenders n the indutry expect al r volume of sales and better promu lhln in 1928. The industry hopes, nr.\ scarcely expects to reach the billicn- | dollar sales mark by December 31. The | Department of Commerce, always con- | servative, does mot expect that volume | of business in radio equipment. ‘While there is no doubt that the Fall | sporting events will exert a favorable | influence on sales of new sets, replace- | ments and parts, the industry Is not depending on such favors. It is sald| the radio business has now reached a | point of stability where a certain vol- | ume of business can be counted on irrespective of public interest in special events, Last year the presidential cam- paign and election was a dominating in-| fluence, but this year there was noth- ing to spur demand in such a way. Leaders in the industry also say that it no longer is necessary for them to spring new models or unusual “gadgets” to spur sales every time there is a falling off in demand. At all events, as a sales producer, The screen grid year it was the all-electric “plug” in loud speakers. ‘The exact sum spent for radio sets' this year may never be known, but it will be huge. The variation in esti- mates 1s shown by the following fig~ ures: In 1928 the Department of Com- merce estimated sales at $400.000,000, while the trade fixed them at $650,- 000,000. The department figures 10.- 1000.000 of the 29,000,000 American homes are equipped with receivini ‘The industry figures 12,500,000 homes are so nqulfped but says 4,500,000 sets | | are of obsolete pattern. It is obvious that the saturation point still is far dist . The deplacement of obsolete sets alone represents a huge sum in the aggregate. There are, it is conceded. some 45,000,000 listeners. From this army new customers are constantly being developed. The in- dustry is helping out that trend. and the replacement trend also, by install- ment sales financed through acceptance corporations and by liberal trade-ins; on old sets. Deliveries of the Illinois Pipe Line Co. during September totaled 1,004,835 bar- Tels, or 33.405 daily, as against 1,001,149, Fstablished Il..’ INVEST YOUR FUNDS In A% and 6%% First Trust Notes WELCH Consult Realtors THE lDFAl. INVI"STMENT “Trusteed Share:" An actuai ownership In the ka OF 100 leadine American original investment increased in mrln valie over, S0% from May. uly, and receive atvidends for g & divident ‘for he cun;nlel: Jeur end red The Sundnrd Collateral Shares Corporation Metropolitan 3783 Woodward Blds. Real Estate Investments JAMES Y. PENNEBAKER Nat.5291 1520 K St. N.W. Est; hed 1809 L MONEY .TO LOAN Betors Flscing or Rencwing Your 1st_and !lld Trust Consult WELCH Realtors Loan Speclalist N.W. nn n 'l'rn\ Co. Bids.) Money to Loan Secured nv Inl deed o trut on real estate. ing interest and commissl J...;l. 1. Weller 4t First Mortgages For Sale JAMES F. SHEA a Ave. N.W. ortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. First Mortgage Loans for, 3, 5, and 10 year penods on houses, apartments and busi- neess property in Washington, nearby Maryland and Virginia Randall H. Hagner & Company, Inc. 1321 Conn. Ave. N.W. Decatur 3600 Mortgage Loan Correspondent New York Life Insurance Co. FINANCIAT, National Metropolitan Bank Oldest National Bank in the rict of Columbia 15th St., Opposite U. S. Treasury What 3% on Savings Happens —if you leave no Will? The law divides your estate, irrespective of what your plans may have been. fiHave your lawyer draft yvour will in good seasom, and, to insure prompt, economical settlement of your affairs, name this bank as Executor or Trustee. Conference Invited Equitable Co-operative Bldg. Ass'n JORN JoY IDSON- l’r-fllenl WALTER S. PRATT, Jr. Orlln 49th YEAR CO! Surplus & Profits Snbunphon for the 97th Issue of Stock Being Recelved SAVE AS YOU EARN HE Equitable’s plan of sys- tematic savings encourages thrift in a manner that if con- sistently followed will even- tually lead to financial inde- pendence. Start now while vou have a steady income. Come in and let us explain about our systematic plan. 915 F St. N.W. Secretary Complete Investment and Brokerage Service Copy of enr “Fortnightly Review” furnished ow request G. M.P. MURPHY & CoO. Members New York Stock Exchange 1510 H Street Connecticut at K WASHINGTON Telephone National 9600 Philadelphia Richmond Private Wires and Telephones to New York New York London SHASHSE FIR'ST MORTGAGES ONE OF THE STANDARD INVESTMENTS There are certain types of in- vestment which have the un- qualified endorsement of even the most conservative financial advisers. Our 6% FIRST MORTGAGES Ower a Third of a Century Without a Loss are in this class. Fundament- ally sound: and invitingly lucra- tive. May be purchased in amounts from $250 up. B. F. SAUL CO. National 2100 925 15th St. N \.W. THERE THE CHILDREN There is no such thing as chance success: must_be in the direction of thriit. Start a-thrift account for the kiddies and encourage them to add to it regularly and you will have instilled in them that Spirit of Thrift which will Jater in life lead them to success. THE ADULT The. successful investors do not allow the promise of big specnlative profits or exorbitant rates of interest to influence “them; they seek absolute safety for their principal with a fair rate of interest. IS NO SUBSTITUTE FOR SAFETY 2% INTEREST COMPOUNDED TWICE A YEAR AND FREE FROM ALL TAXES the first step 'SECURITY ANl deposits with this Association are secured by first moitgages on improved real estate in this city and on the basis of about $204.00 valuation for every $100.00 on deposit with us. Columbia Building Association 716 11th St. N.W. UNDER GOVERNMENT SUPERVISION.