Evening Star Newspaper, November 28, 1929, Page 11

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FINANCIAL. Teal estate. First Mortgage Glover & Flather 1508 H St. N.W. Naticnal 1753 W. W. LANAHAN & CO. MEMBERS NEW YORK STOCK EXCHANGE BALTIMORE STOCK EXCHANGE ASSOCIATE MEMBER NEW YORK CURB EXCHANGE WASHINGTON OFFICE Hill Building-17th & 1Sts, N.W. Telephone: National 6997 Edwin D. Flather, Manager ‘We Invite Applications for FIRST TRUST LOANS on lmpruved Property of BOSIZ2LELPS] 1417 K St National 9300 | We have natural cold storage (Cosyright, Jhag, by, the = REINDEER MARKET ) SOUGHT BY CROWER Largest Herd in World Is Owned by Lomen Company of Alaska. BY JOHN F. SINCLAIR. Special Dispatch to The Star. NEW YOREK; November 28.—Carl J. Lomen, head of the Lomen Reindeer Corporation of Alaska, after 20 years of work and an outlay of more than $2,500,000, has about 200,000 reindeer !in Alaska, easily the largest herd in the world. “These reindeer are divided into seven herds. It i8 800" miles from the most northernly southernly hert 3 says M me. “We graze over 8,000,000 acres of leased Government land. We have tglnnu Ouf experi- ence would show that & hanl now can he doubled every three years. While w have the largest herd in Alukl, 70 per cent of all of the reindeer in Alaska are owned by Eskimos. We are interested in finding & market for their reindeer, as well as for our own. We'll bring 20,000 carcasses into the United States this year. Today reindeer meat is quoted at 131, cents in Seattle.” Transportation Problem. “What's your big problem?” I asked “Our real problem is that of trans- portation from Alaska to the mlinllé\d ur slaughter houses are as up to date as seven cold storage |any in the United States.” The picture of these mighty herds of reindeer on the Alaskan tundras re- calls the old scenes on the Western lains, when eattle herds moved in housands. - What the cowboy was to cattle raisifig, the aviator is to reindeer herding today. To cover the great Alaskan expanses, the airplane is reg- ularly used. To round up reindeer scattered over 100 square miles is an easy task with an airplane. Reindeer don't like airplanes. Likewise, they are gregarious. an airplane swings around in a 10-mile circle, the reindeer will shortly be in a group ready for driving n‘dl too, 18 realizing the possi- "“‘“‘3 St e g 1oine chased a large hes movad 'xrs:m Alaska to the reglons of dson Heindeer. meat differs but little in composition from beef and veal. Most of the meat is tender. Its texture is fine and it is , but not strong. With the aid of modern refrigeration méthods, n\ndeet meat is being con- sumed in greater quantities each year. It was first marketed in the Northwest, then on transcontinental trains, and 3;;: in some of the largest hotels in cit Anot.her big industry in the making. Anti-Trust Suit. The stern ax of Attorney General Mitchell fell yesterday on two of the large_motion picture corpora e Fox Film Corpofation and the Warner Bros., who, between them, Mr. Mitchell alleges, control 65 per cent of the mo- a civil action, the Auarne'y Gen- era!uumewumwwm 1 these cor- porations to divest lhemlelm of their holdings in other companies and to { issue injunctions restraining them from exercising voting rights in these other companies. ‘The Attorney General's position on anti-irust legisiation was outlined last month before the American Bar when he said that his office “had no power to license any one to violate any statute.” His furthe; North Ameriean ance.) l Commodity Notes | Packing House Products. Make your Christmas Check do double duty Invest in 6% Guaranty First Mortgage Notes and Bonds These safe. non-fluctusting securiites, issued to Secured on improves real estate in Washington snd its 6% guburbe; and backed by our 6% 6% Monthly payments if desired Send for Booklet, “The Success Plan” Stlrt bnlldlnlvup - Hben: MORTGAGE & GUARANTY JLORPORATION ol S vl (Capital Resources $3,400,000" 24 JACKSON PLACE - It in, tnese high - character securi bemmumdm from $250 up 1800 1929 ALEX. BROWN «* SONS g Underwriters » Distributors INVESTMENT SECURITIES Wasnincron Orrics 737 15th Street N. W, Telephone, National 105 Matx Orricz - Barrivons KANSAS CITY, November 28—The feature of the recent meat markets has eh heu nre % el M of heavy rains in the last 60 days. All precipitation records for any year have been broken in Georgis, with five weeks yet to go. OiL PLAQUEMINE, 1a.—A pipe line has been constructed from the new oil of the New Orleans Refining in St. Charles Parish, 30 miles above New Orleans. This refinery is a subsidiary of the Shell Corporation. ‘Turkeys. MADILL, Okla—More than 7,000,000 birds were marketed here in the Marshal Ceundty turkey pool at 23% cents a pound. —— SOUTHERN EARNS $10.39 PER SHARE AGAINST $9.67 Net income of Southern Railway Co. for 10 months ended October 31, 1929, is estimated at $16,004,000, after taxes and charges, equivalent, after allowing for dividend requirements on 6 per cent prelened stock, to $10,39 a share umea A common Thts compares with $15,089, ooo or 9.4 l'l a share in first 10 months of October net income is unmnbed at 182,113,000, after taxes and chn[u against $2,728,000 in October of previous yen NEW YORK BANK STOCKS. Special Dispatch to The Star. NEW YORK, November 28.— 145 Si¥tiing Textile un Washington Sau World han Yorkeville thn picture industry. l r statement that “only in |Uals. felds near here to supply the refinery s THE EVENING Securities Markets To Resume Regular Schedules Monday Bpecial Dispatch to The Star. NEW YORK, November 28— Governors of the New York Btock Exchange and Curb Excha; terday that Detember 2, the ext!unca w resume normal trading hours from 10 am. to 3 p Monday to Friday, inelusive, and 10 am. to 12 noon B‘hlrdly The volume of trading has drop- ped to sufficiently low levels for housés to care for all business and elear up accumulated work left over from the recent market collapse. By the Assoclated Press. o ‘Today, Thanksgivin; ng a legal holiday, 'l New Yore' Block Exchange, urb lxchnnle and the other leading security markets of the country are closed. The sgéurity markets also will be closed Friday and we | Saturday. Arrangements have been made for the transfer of a seat on the New York Stock Exchange for $360,000, an in- crease of $10,000 over the viously recorded sale. Identity of the buyer and seller was not made known. ‘The members of the governing commit- tee of the New York Stock Exchange today adopted a resolution expreuln, to mrh-ré’ ‘Whitney, vice president o {he exchange “their appreciation of his efficient and conscientious labors during the severe financial disturbance of October and November, 1929; their Scliiration dor the! rare qualities of leadership displayed by him, and their conviction that these qullmes proved of inestimable value to the ‘The responsibility of leading the ex- change through the troublesome m‘ devolved upon Mr, Whitney, as 1= dent E. H. H. Simmons was in Honolulu on his honeymoon, The first 37 railroads of the country 'porting October earnings had ln l’n?m net ”"'“"c‘u income of $96,866,000, compared with $104,662,000 in October, 1928, & dmeue of 1.3 per cent, Last month the figure for same companies was $80,809,000. The seat on the New York Stock Exchange which was sold last week for was that of George E. Barstow, jr,, of Barstow & Co. Mr. Barstow was admitted to the exchange in November, 1920, when the price of seats rani between $85,000 and $115,000. 'l'he seat was sold to Harvey C. Lawder. MINERS IN KENTUCKY TO VOTE ON STRIKE Policy Committée of Union Au- thorizes Poll to Be Taken December 5. By thé lumm.d Préss. CENTRAL OITY, Ky, November 28. —A strike vote, to be taken Decemberl 5 by union miners in sevén Kentucky. counties over a question of a wage con- tract, was authorized yesterday by the Wllcy committee of district 23, United ine Werkers o( Ameflca miners seven countles comprising the umrm, Hopkins, Hen- derson, Union, Daviess, McLean, Enburg. and_Oinio, ‘Wil vote a6, ndivid- The results of the referendum then are to be certified to the executive committee of the international organi- zation at Indianapolis, and if favoring a strike the order will be issued !.. Lewis, international president. ‘What the attitude of the npenm will be has not been announced, e: &the case of the largest concern in field, the West Kentucky Coal Co., cial of w! asserted last Sum- mer t.hlt his company would not deal with the union STAGE AND FILM STARS PAY HITCHCOCK HONOR liml Homage Is Paid Veteran Ac- tor Béfore Body Is Cremated in Los Angeles. By the Asscclated Press. enure!h 10S ANGELES, stars of o petus, | & of a century ago. Hil of a heart attack late Bunday night. He was 64 years old and was best known for his com- edy hits in "mtehy Koo” and "Kinl Dodo.” After man behind the Tootllghts in New York, Hiltchcock 1lywood. the services, :m: which the body was ted. Mrs. Hitehcock wnl take the uhes to Canandal Y. the Hitche EX-JUSTICE’S KIN WEDS. Miss Barbara Ballou Becomes Bride of Philadelphian. NEW YORK, November 28 (). —Miss Barbara Bllloll. daughter of the late aydney Balloy, executive secretary of he S Institute and a former jus- tice o! the Supreme Court of Hnw-u. lnd Rlchnnl Lloyd Pqe of Phil 18co. were mrmd Bid. Asked. 38 Colon, in 33 | Tuesda; 'y was performed by Rev. Minor Simons at the home of the ride’s mother here. ‘The couple will reside in San Fran- clsco, where Page, son of the late Mr. Mrs. J¢ h F. ,, of Phila- eipiie, 1ae Dubines Iateleste. Cuba Will Reotrganize Parties. By Cable to The Star. HAVANA, November 28.—President Gerardo Machado, attending the o ing of & new government school at the province of Mantanzas, fromised the reorganisation of gu parties of the country. ‘The ident said that all parties will have & tlllnnhee freedom and action. Yesterday’s New York Stock nd b‘o’hfl“hmfiyD was lfl(’).'n lnedcéllni 600 This roved by & about P N ment _discovered in Hina and which was erected 781, \ STAR, IRETAILERS REPORT exchange.” | Chris by John 1 obed 4 g:mll 'smu numdgmndlllfl BIG HOLIDAY SALES Trading at D. C. Mafkot Is Quiet This Morning After Busy Period. Few/merchants in the wholesale mar- ket district were on hand at their places of business this morning to accommo- date persons who neglected to get their ‘Thanksgiving wrke;‘: and other sup- plies yesterday. rs were on hand to accommodate customers and check up accounts of the holiday trading. It was re) this morning that -while a number of dealers succeeded in cleaning up their supplies of turkeys, chickens and other lines of poultry, there were others who had supplies to carty over for the week énd trade. Much of the reczlnu remaining un- sold at the close of yesterday's market, it was muc. eomnrhed the rough stock. At a { cés this morning dealers had thm jurkeys displayed in & way to attract attention, ?flce! de- &analn. entirely upon the quality of the Tarkey Prices. ‘Thirty-five cents s pound was the lowest price at which’ dealers offered turkeys, choice stock selling around 40 cents. Demand for all cofimodities this morning was light, very few patrons being in evidence. Enough dealers in various commodities were on hand to supply all demands. In several instances yesterday, ac- cording to reports, it was @& case of “back to the farm" for hundreds of turkeys, haulers refusing to accept low prices offered by dealers. These turkeys probably will return in time for the holiday trade. Retailers last night reported Havin had a very satisfi holiday mlrket While the eit; mrleh and any stores were closed orning many retail merchants opened thelr places of busi- ness as usual, many planning to close about noon. Wholesale prices at the close of the holiday market, the same as prices qum early in the day, were as fol- tter—One-, its, 4 b, “.“ p-gound prints, 44a45; tul nary 55 Tresh selected, 53; ve—'l’urke young, 28; ickens, llm u-u medium, 1 bmuen. 30; Leghorns, 23a24; owl.ml 27; roosters, 1 ucks 15a20; nh‘ ywng 40485; ol Dressed— Bpring chlekens, 25a28; m. 35a36; roosters, 24e25; d\lckl, telu. 70a80; eapons, 45a50. fee 20823; veal, 24a28; hmb 264! pork lolm 22a35; fresh hams, 25; fresh shoulders, 20a23; smoked hams, !5!20 lnoled shouldefs, 18a20; bacon, 28; lard, in bulk, 13; in | ! packages, 18. Live stock—Calves, 1414a15; lambs, 1215a13. Wholesale houses at Munlcipal Pish lnrket lnd of other dl:hn in g hour nounced by deners that they \vl.ll )uve plentiful Pem n::'?l: nl marine products oy ~Oyster O-Ih.l. ystars ma; ;ext “,'",:‘;" not be so plgmfm the any o R Sy et y O it N TR e us! hea - ters, dealers say f.here"wm e m 'homte of thvm, Prices to the satme as from Tan, oke Sounds and other ph’:‘::: rock snd el aives an fgled around u 50 a busha lg:ful}:;: e ocean front sold consi Lump enbmu m’ Kfik! pmve an mmz- ffl;d':: Friday and week nl!ty thn.n mut from places to mer- , acocrding chants. !t'l.uhlll!”unfll d. | tees, Shrimp also will be pleufiml p:'cmu cents a pound. the cooked Shrimp sell- ing at 80 cents. “Boston lobsters are re- ported scarce at 85 eents a pound, the Iobsters from the South selling 75 cents, me :lmled meat of the latter selling at & pound. Frogs continue scarce. Fish Receipts. Chesapeake Bay netters furnished local dealers ?lln of butterfish and flounders ‘were offered at 20 cents Rockfish and trout also were rom the same source, the nt:smflmmfinzu [ pollock at 10 cenunpmmd Smelts, from Canada and Nova cents a d, while n mackerel, frozen, are belnr furnished retailers at 20 cents. Few catfish, perch, eels and carp are being received from the Potomac, while quantities of both white and black cat- fish are coming from North Carolina. Spanish mackerel and spotted trout, received from a, are selling at 25 cents a pound. N. & W. RAILWAY’S NET WELL ABOVE YEAR AGO Norfolk & Western Rallway Co. ports for 10 months ended Ochbe !l 1929, net lnoome of $34,123, ezo. taxes and charges, ‘au\v lent, allowing for 10 mon d.lvl len re- quirements on 4 preferred stock, to $23.71 & lbne on nmm shares of commo stock. This com- pares wlha,nt ,004,385, or $16.57 a share, on 1,401,907 common shares in first 10 months of 1928. shmnenu rnr ocmber and 10 months 11408083 $107 881,431 4 r | Was re-elected chairman of much better | 1 nearby WASHINGTON, D. C.. THURSDAY, NO Three Hungry Girl Stowaways Cause Steamers to Return By the Associated Press. SAN PFRANCISCO, November 28.—Three hungry girl stowaways caused the Matson liner Manoa to turn back to port after it had gone outside the Golden Gate to- day on its way to Honoluiu. The girls, seeking adventure, aboard without their bre they satd, and came out of hid- ::‘:‘: when l,'h;y wuh} nmr stand p-nno unger longe! ‘The girls gave their names &s Jeanne Saul of Denver, Colo.; June Ware, New York City and Helen Reid of Vallejo., cnm All dre 21 y=ars old. .&( Saul’s par- ents reside at Stafford, Kans. The stowaways caused 2 two- hour ldelly the steamer’s e. GIRLS DINE IN AIR SEEKING RECORD " Elinor Smith and Bobbie Trout Refuel and Pass 24-Hour Mark. By the Associated Press. METROPOLITAN AIRPORT, Los Angeles, November 28.—Once more aloft in quest of world endurance refueling flight honors, two young women plan- ried ‘to eat their Thanksgiving ainner 1,800 feet above San Fernando Valley 'hnngmlrmhoue wer biplane aloft at 9:40 a.m. yesterday, the girls, Elinor th of New York and Bobbie ‘Trout of Los Angeles, passed the 24- hour mark this morning. The two| achieved two successful refueling con- tacts before dark. Other refuelings were arranged to keep them in the air while | °°! the; _A‘eansume curkey dinner. last record attempt of l!he two ycu'.h!ul yers, which started lll’ slightly more than 18 hours, when their fuel tanks ran dry and they were unable to make contact with their nurse plane in the @ark. Up to this imorning, the girls had taken aboard 505 gallons of {lm]lne, including 240 gallons in the tanks when they rose from the fleld. This i5 a heavier load than they carried before. The increased amount of fuel was pll aboard in an effort to eliminate, uce to a minimum, the necessity nt refueling in the dark. The avowed purpose of the young women is to better the record of 420 hours 21 minutes 58 seconds held by Dhle Jackson and Forest O'Brine’ of Bt. Louls. If, they do not achieve this ||| they will ask for recognition of mark they make as a women's GREENE IS ELECTED PACIFIC GROUP HEAD L New Yorker Is Named President of Relations Institute to Suceeed Wilbur. By thE Associated Press. SAN FRANCISCO, November 28— Jerome D. Greene of New Ynlk Olt‘y Ameri- CI? Council of the Insmute of Pacific Relations at its aniiual meeting here terday. w-um M. Alexander of San Fran- md Honolulu was named vice chal llr. ornna h.d been nrv- el 1‘:""1\: Lyma 5 Wilbur of Btan wi n ur of - ford University, now Becretary of the tefior, originally was elected. The council in closed session heard reports from its officers and commit- insiltute, meeting in m“y':co‘:m o and il e T b ‘mee! 9 tute in 1931, 5 wh LR , s mpes Fom liner sident Plerce, “m::-l a here _yesterday. ] D. Rocke 3 lew York; George Hubbard Biakesléé of Clark University, Charles K. Webstér of the University of Wales, James Weldon Johnson of the National Association for the Advancement of Colored le, Miss Katherine l.udlnmn ol Conn., and James G. of New York. REMOVAL OF_.I 776 HERO’S BODY IS DISAPPROVED Investigator Finds Grave of Gen. Morgan at Winchester Is ‘Well Cared For. ‘The War Department fas dlnvprbnd & recent application for the removal to the Arnnlwn National Cemetery of the body of Maj. Gen. Daniel Morgan, an oum.nndl.n' hero of the Revolutionary War, now in Mount Hebron cemeb:g -t wmc ester, Va. lmmhudon-reponhom arris, rtermas. Maj. John T. ter Corps, who favestigated. He said there was no for the statement in the application that the old cemetery at Wlm:heswr had been abandonéd and that the grave was in bad condition, On the contrary, he sald the cemetery ‘Wwas being properly maintained and um Gen. M e was belxu’ th e cared f ere Mf the Amerlun Rm ution, Daughters TEXTILE JURY RECESSES. KARIDI' N. O, November 28 () — ury trying Aifred 1al tweel in 's erowd And the majesty of the gllllh 24 te and itself.” How often you hear folks remark at the beach, “Isn’t it & shame that woman doesn't do something for those Varicose Veins—she really has a beau- tiful leg but those velns completely disfigure her.” 'There isn’t a sensible woman living who wants to be bothered wearing bulky rubber stockings and yet is ake going 'n lll her en B s it AN e’ ony this poor Lezl So Disfigured By Vancose Veins! You Too Can Have Lovely Lovely Legs Free From Hideously Swollen Veins and Bunches. e | your hideousl; nlwy Moone's Emerald Ol stops the pain and misery, wonderfully strength- ens the legs and reduces those swol- len veins to normal size again! Emerald Ol is I'fiiwerfull! trating and antise) Oll—in nwm l time you'll notice the most distended | veins growihg smaller and smaller un- | til finally you can wear the sheerest | hose, short skirts and & chic bathing || suit without fear of folks criticizing e velnflz legs. - Get .':4: ounce e at your druggist money back if not sel ver- how | tisement. 'EMBER 1929. ISTORY OF ‘RACKET S TOLD T0 JUDGE Court Must Deonde if “Inside Information” Is to Be Related to Jury. By the Associated Press. CHICAGO November 28.—A story of gambling, “protection” and the bribery of police omeen and politiclans was presented to Judge John P. McGoorty yesterday during the course of the “slot machine trial.” ~Whether the same story will be recited to the jury is a question the courc wfll decide later. The dccount as sented was de- ecribed by the lubes nwrneyn office 48 “the inside st ol llo:t ma- chine case. It d nfl¥ reputedly accepted by or in Mh‘lt lx pollee captains, Dr. Willism former smoke m. Ask Compulsory Testimony. David C. Rockola had the State's chief reliance in the t’"t:l\.lltum of the .~ Rockola, to of seeing their efforts at P collapse, the State presented to Jud&e McGoorty & copy ol Rockola’s testimon: before the grand 13' and asked thal Rockola be compelled to testify or be declared in contempt of court. Rockola’s grand jury testimony went into detalls concerning operation of the slot machinz operators, and told of “pay envelopes” given police officers and others for protection. It recited that James (High Pockets) O'Brien, the leader, collected nearly $190,000 as his share of the slot machine profits. Tells of $400 Payment. ‘The tufl.mun m/ea to Judge Mc- g d d.ymen 8, E m money—uoo— was in an envelope which Rockalo said hlndad Dr. Reld, The polltllhn pened the envelope, Rockola sald, md expnm displeasure at the ambunt "mtx no _money (vr what is run- nlngl here,” Dr. Reid was quoted as o en is not among the defendanfs at the present trial, having evaded arrest by fleeing the country. | REAL ESTATE LOANS Made at Low Interest Rates TYLER & RUTHERFORD Advantages incident to direct Tepresentation 1520 K St. N.W. National 0478 Sold in Luo——‘lflfl 00 Up Call or Write Standard Collateral Slnm Corponfinn A Wosdward First Trust Notes Now Available 6% JAMES F. SHEA 643 Louisiana Ave. N.W. 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 Presidens Secretary Are You, Too, Look- ing for an Enlarged Field of Activity? MONG the many types of men who have doubled and tnpled their former incoimes by taking up life nnderwrihnf work for The Equitable are salesinen, ehfineen. teachers, civil service workers, county farm dvertising spe- , merchants and managers. Some business experiénce is de« lirnblo but not essential, nor is a knowledge of sell- ing necessary, as The Equltnble has special courses in Salesmanship and Training for all new representatives. Life underwriting, par- tmulnrly for a Billion Dol- y such as The Bquihb e, has many ope portunities for men of character and industry. Not only is an immediate and annually increasing income possible, but a per- manent profession with- out age limitations is as- sured. The requirements as well as the advantages are set forth in a booklet whieh The Equitable will be glad to send you on re« quest. Personalinterviews also Invned EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES ‘THOMAS 1. PARKINSON, President e e e e e e e s o DAVID S, BETHUNE ger Agency ' M 505 Munsey Bidg., Washington, D. . Please send copy of your Book- Iet, “Inducements Offered by the Profession of Life Underwri " and d-nil- of your Saless hip Courses. FINANCIAL. CIGARETTE OUTPUT GAINS NEW _YORK, Novengcr 28 (Spe- cial) —Cigarette manufaéture set a new high monthly record in October, with ‘productlcn reaching 11,202,203,893, ac- ¢cording to figures announced yesterday by the American Tobacco Co. The 11 previous record was 11,168,406,603 for May, 1928. In October, 1928, the total was 9,921,500,000. The company ex- plained the increase as due largely to heavy newspape auvenmng. Holly is one of uu w trees found in almost every part of t! 1d. Good Times, Depressions, High Commodity Prices or Low i Discount Rate Up' or Down —it does not worry the holder of FIRST MORTGAGE NOTES The Dependable Investment 6% 6% High Yield—Prompt Remittance [SHANNON — Absolute Safety 1435 K St. NW. Nat'l 2345 * G. M..P. MURPHY & CO. i New Yotk WASHINGTON Philadelphia Richmond London New York Stock Exchange Washington Stock Exchange Riehmond Stock Exchange New York Produce Exchange New York Curb Exchange Copy of owr “Fortnighily Review” on Request 1510 H Street Conneeticut at K National 9600 Pritate Wikes asd Télephone to New York Metallic Non-entity Working long hours in a scientifi- cally equipped laboratory, a Chi- ¢ago acientist brought forth a sil- ver-grayish metal—a new metallie element, which has been named Columbium. But, even today, no ;om;nercii] use has been found or it. N But chemists are still making elab- orate, complicated tests of Colum- bium—and eventually it may be more valuable than gold, Wise men of science today leave no element inconsidered, no matter how trif- ling it appears; just as wise men of business leave no trifle neglec- ted—often they got their atart to weaith by carefully saving the small, usually inconsidéered part of their salary and investing it in some reliable security. Just so, a small sum placed in the 6% First Mortgage Notes, sold through Swartzell, Rheem & Hen- sey Company, will yield an attrac- tive interest, and give you a stead. ily growing income for indepen- dence and leisure in future years. Do not neglect to start saving now, no matter how small the sum may be. SWARTZELL, RHEEM & HENSEY CO. MORTGAGE BANKERS 727 15 STREET ~.w./ WASHINGTON D.C, THE IDEAL INVESTMENT UNQUESTIONED SAFETY BECAUSE the Bonds of the Federal Security and Mortgage Company are: 1. Secured by small mortgages on properties in the District of Columbia. 2. Guaranteed by a strong independeiit Surety Company, with resources of over $5,000,000.00, under State and Govarnment supervision. 3. Further guarantséd by the Federal Security and Mortgage Company, with a capital ‘and surplus of over $750,000.00. 4, Trustead by a largs National Bank, 8. Mortgages appraised by independent experts of known reputation. 6. Legal investment for National Banks and Insurance Companies, Federal Security ¢ Mortgage Co. 15§22 K Street N.W.

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