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Page 1: Smaller Your Income - Chronicling Americachroniclingamerica.loc.gov/lccn/sn83045433/1906-10-10/ed-1/seq-10.pdf · the washington herald wednesday october washington herald wednesday

THE WASHINGTON HERALD WEDNESDAY OCTOBER 1906

a

10 10

i

STOCK MARKET

Prices Show Little Tendeiicto Rise After Opening

EXPECT INCREASED DIVIDENDS

Bnylng Movement iii Several Tiulti-Htrlal flue o Belief that LargerDiKtriltntiou t StockliolilerM AVI1

lie AHnoiinced PomiKylvaiili-

nnd Inion Pncilto Arc Watelieil

Mew York Oct fTfce courseY tte stock MMffket t mj was

liHUji a repetition of fCBtertaytsfei ttfTerence awwever Uuft tile dullnlnterestins cbmrscter of the market

xflJWni yesterday was todftyIttcvs of securities at dw start gener

By showed gains over the MownW ctase of the ancedSna session

i the first half or threequarters ofiQttr of business maaifested a rising ten-

D the market turned sluggish aflotations a rule butb olntely no pleasure to sell stocks 1

hour between l and i oclockMH chares of snick were bought aaold and the marhwf thus lingered

Tbnaoghout the rant ft the dayIn certain stocks today however

were really vigorous buying movementsThese seemed to be principally in the ta-

1ustrtal shares such notably asan Smelting and Refining American Iemotive International Steam Pump

the different railway equipment stocksICxpect IncrUKKCil Dividend

Some lesser gains were also madethe AllisChalmem Virginia and CarolinaChemical and American CottonTeasing knowledge of the large an

1 nsnUabi business that all these commare doing was undoubtedly the rea-

son for the advances and rumors of inTeases of dividends for which it isit all improbable that there Is substantonal foudation circulated in the casethese and other similar concerns

The feature of the dealings In the rail-way list today was the open accunnilatIeD of Pennsylvania stock for whichcommon explanation was that an ad-

vance ia the nmiytvanias dividend ratewas thought to br impending The companys earnings manifestly warranted aienlarged distribution to stockholdersta usually wellinformed quarters

was thought altogether Hkrty that ac-

tion along these lines would be takenthe Pennsylvania directors at their

meeting on tbt first of Hemouth

Ootaide of these and a few otherttnuvncttena the market actionBftund to be almost wholly toe workthe meintradiag stock exchange dementThe dose of the market was irregularbut beyond the stocks that have beenned the changes in price inprominent shares were generally exceed-ingly small There were no noteworthydeclines anywhere

Awaltl c Union Pitclftc HoWall street was undoubtedly awaiting

with some interest today the publicationof the fuD annual report of the UnionPacttc which should presumablybeen made after the annual meetingth stockholders of the road at Salt LakeCity but ap to the time of closing how-ever the report had not appeared orit aaM probable that the document wouldAppear any time during the day

A summary of the financial operationsof the system has of coursedating the recent months but theremany details concerning this andmatters which will naturally appearIn the report proper The general beliefis very strong that Union Pactsexhsfeit win make such a showing asprove beyond any Question that wbateve-jnst criticism attaches to the mannerfixing and announcing the present 19

dividend rate on the roads commonstock the earnings of the road abundantJustified the act

It is very well known too thatwith an he great railroad systems ofcountry the earntegs of the Union Pacifichave been at much larger rateJune 3t the end of its fiscal year

afttnve SttMwtlam I7nKa ttleAOf actual developments of a Onancf

character tbe most important todayan means were those relating to theejr aUuatioa peer Very

ity obviously exists in thedon market as to whether theot the Bank of England will or willat their Thursdays meeting raisebanks Discount rate above the presc

of 4 per centDiscounts in the open market in

don are now aboe this rate athat ordinarily surely presages an

m the oflicial rate of theOn the other hand sterling exchangerose threequarters of a cent inpound today and Is now risenU cents above the level touched bylast Friday

Gold exports from London to this cityunder such circumstances are very irprobable If not absolutely impossiblethat the strong weight of evidence is thatthe drain of gold from London foruse of this country has ceased Therewere entice who professed to see inrise m sterling today an adverse factorin stockmarket sense but the rise f-asterflng should logically have exercisedtajvorabie Influence on values state it siceel that tbe London market wasloasjer to be disturbed by our gold with

MwHey Oolii toThe rise hi sterling in the last

days has been doe to the fact thatbankers have been making remittancesmoney to London in payment of sums r-

cently harrowed here and have been itag so because tbe money market herehas attained such ease as to makecourse the natural one to pursue

can money today fell as low as Vper cent and the majority of the dayIsani were made at 4 per cent or waderPressure was agate evident on the parthmder not only to put out time maceat 4 per cent if they could do so buthttjr commercial paper In largerftea sad all this seems to foreshadowa WMf stated in this column yesterdaya decline te tbe price of time money betaavthe legal rate in the sear future

fcnr ak Oct i Mawr ra mil at the at

t tri4ay nvned t 4W per cent hicbeat ioat 3K dosB L Most of the loam WWT

t T T oent-

Tirrc muncy ws asy in tone and an roovasrfv-uliinsc of buciw reported Quoted rate rr-

Hvaiii ricbaaaed at six per cent fur an periodsM n nulc paper was in better deiaaud Sales

howtsl an iacrwuf The market f r ftUrtof rangednntg ndranring 48SBS It cloard oUchtlyn this teTri for artntl were ax-

lillovrs SUty i898Da48WO demand IMM-

iyw York Sto-

sjgtT 13M-

Anionran CanHWIOII ConHtm raiitiof1

CURB QIOTATIOS-by K R Cliariouu 4 v-

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NEW YORK STOCK MARKET

Trftobrn New Yorkin

ed by fbarte O Cokithang Msaary Build

C pperA C-

Am Cotton

7M 18 in180 toS 4

CSVW 116H 1M Itt

Act lee SeeAm LowA Steel Kd

29M 3W 3 3W 3 s-

HA 8H 8i V389 4 Pi H fti191 21 27fe 2TH il-

WD H 91 99 H 414 W fc 7 7 4-

If 19 It-1WM 19 1HA 158 UM-

kttSUrBfUtfe

Am Weeks pfdAnacondaAtrhi ionAtrhuon pldMiUto OhioBrook K T

ui rariflc-Yr t leather

IChes Ohiotij Alt

Chi it V-Vhi CJ W pfd H

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ID TrueTIL T Tr C St L

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A H C A IfinProd

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GIlL EkrtricNorth pfd

IMtata Metlet Papertec Waper pfdfowa OM-

M K TM K T Dft-Lno T CMat Binctrtt

LeadX Y CentN Y a ft WV WNorth DMPacPacific MailPa R

33 IB 381 2B-

SW 3Tto 37340 CZV 0 O

Wl MWW14K5-J 218 23-8m 1 t S-m U BH IT U1-

3N tt-17M Sam SCi 5-tim s M1388 88 tt

HH 5 4 5S-

5W13 1315 38V 94 32 2H ZO 23 23 2IM IH m cs i 43

2881 M H 7 4 TWk 71-

U8W ii 47 fc 47 ft98 77 7T H 77 77m ro T 7 w

332 33ZS-

3iH 36i

08 JflMa 7W

881 88 Hi SW 8-

lins 113 MK IP Ml-

4J M Wk M i H

Ken L 8-Re I 8 nitHock IslandBeck 1tapd pfdist L S tM-at L a w

So Ihwifle

0 H4 W4 4-

ft 75 7 T-

Texa rOc Ja-

T St L 3 s 38 3WT S L W JIlLUnion UacIntou PntnV 7S Bb BMi tt t sff-

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v y1-k a i5 5 ul tv n-t 8 Knbbcr9il 1H9-H 8 8n l SIJ-Mr a 8to4 pH MrJ w sini iVa Cban MM 4H s4 4a-

Vnkan DeU pfi IP-

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8K tf 9K 81-

IIOS OX STOCKS

Hk F wei

and Albenr

Mexican 5atnl-X Y N JL and HAmerican Art ChiaiiriT aiH-

Uatrieaa TBbe-AraerieaH Safar-AflKTiean pfdAoKTicMAokriraa Worira-ADKiicaa Woolen pMDnKiition kenMaasacbaaetta Dectrkr-

fHisettod 8km XarMaciy l-

Xflrth BotteAtlantic

ShannonUtah

New YHk Oct tStock-

Atduaaa and toft r-

C C 8C U ceav IB

Erie sea 4a n KEric la ML S aad M 8X Y C aa

Ur La flaU fj-

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Total ajdn CJa8 naiBrt IKJMJM mufday-JMaUa a votk a aj feamaat year o

Sew Y k On tt ttod-

bood daajat t4a2 m

COTTOK MASK1T

by Dick Bro A Coben af the Hew York sal New Orteaaa Cottoncbaaces 1B2 H net aoKkweat Pkoaea Mate

New York Oct 9Tbe cotton BUkct bas keaatrooK teday Liverpool prices oa-

iodicatia of cold weather ta the Soatwwcrt andfaSm on the Mrtinrct awl in EppC I alwere MaMciKd by the autketand cwnvad OH the rim Hovea withSoatbera and Ltrerpool ccanections tbe aa rket Mipcrt IM ta and tfurther MaM M br Jndfeattona of ellbeta oRt fer

yc r YorkV Ojen H tow Ckne

Ml Mitt

Xc v Orlciins-08M Hia Low Clear

WO ttK n8ktJ-8S ISIS MSTKd-

fttJS 1M8 JI-V88-

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5 SM2 e MM-

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PRODUCE IN BALTIMORE

Baltimore Oil FLOURMarfct steadyWinter extra 2Ko38o winter clear IfialS

ftrawht 34Q Ji3 wiuu patent 375aJ prittclear 32WL68 crrinj Mraight a3 Rprin pat-

ent i a44 City Mil boat nitwt l CityMills Waaarailo rw n Mi hi rade-

straigtit 4S8 choice family 46S City MOle extra125a348 Rio afa 39BR4W r e flow OMdhn todMikf X50a38B coraKal per N8 pound lCal-

OATSMarict was firm Stork in elm torn 311

TM bushels stupm its from fleriOeta 13 88 bmbebtNew tate White No 2 38a39 Ac Nn 3 3Ba

do Xo 4 34Ha35 mixed X 2 37ka37V-t Xo S 3 Ha36 No 4 34a34V XotTbea-lxnf nuotatiocs refer d inesijr delivery

HYEStock in 92645 hasitelxmuiu InuhcU No 2 Western exBMt cieTator86 Xo C SaC No 3 Western 3aM So 3 warbj SBatt Xo 4 Western 8861 Xo 4 nearbyKaS0 choice Western uptown drHvery 7-

2WTTEKMarkrt firm Cramcry lineN per lb27a2Pi do cbov 2taS do good 22a2J do

l a ki priuts 2a9 do biocta 24a

3 l dle STatS nearby roTh 17aH torep cketlOhio ISulC1 do VHt Virmia ijali M laodVirginia and Iawssrhmnu dtr prints ISal-

TEGGSMarket tone Manlaml Ptiiiisv Irani andnrarbjr firxU lose on icr i z ii C4 Virginia loioft 24 Western firsts loss 21 V t Virifinialoss off 3 Sowliorn jai guinea

UVK roULTKYMarfcif tinn OikJtfnv dSieary tur it d niin 11 jU-

itooaters 2JaJ6 d x prmg brxe miaM dooneS M Dnck laddle large KW3 doJal2 mcn el 1C drakes cacb 3 a49-

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WALL STREET NOTESN-

ew York Oct 9 The stocktoday dropped deeper Into the rutdespite spasmodic bursts of activitythe general trading mid well sustainedstrength In three or four stocks outside interest was very smalltraders were apathetic and fewbullish Where there wereof consequence buying was largelyconcentrated as for Instance in Smelt-

ers of which the apeciftllstg boughtabout JOMO shares and In Penney whichwas bought in large blocks by aprominent parties The lack ofto these special movements caused

which was increasedthe absence of confirmation of the

rumors recently circulated and thechange of sentiment was illustratedthe fact that some tradersthe opinion that an increase in the

dividend would be a bearishargument Trading at times was almostat a standstill with few changes worthmentioning m quotations anti hailedon nothing morj than professional

Sharp advance In narrow spe-

cialties like Federal Smelting and DuluthSouth Shore and AtlaaUc preferred tf

not make a bull market or even a colorable imitation of

November 1 directors ofwilt meet to declare the semi-

annual dividend oa the stockweeks ago there were rumors that a dintribution at the rate of Sl2 perfor the halt year then be authori-

zed but at that time a geed dealstock was distributed on the strengthof the report and it is Just poarfMethe revival of the story and ofin the stock are intended toa similar purpose than threeyet remain within which acould be carried out m the stock eitherwith or without the certainty of an

m tile dividend for whilete story of an advance to a 7 perbaste has not received anything like otV

eta sanction It Is sufficiently plausibleto obtain considerable credence

Several days ago when themarket was fairly strong Pennsylvaniawas a notable laggare awl the theorywas then propounded that thlsx steelwas held hi reserve in order thatmight be utttfsed to give a degreestrength to the market alter this

bad gone out of the earlierThe recent action of the stock sbeen out of line with that theory athough it Is yet tOO early to sayIt has not been fotMaded on somethingof a snore sutotaatial nature

With a sontewhat heavier tone thanthe preceding day Steel common waagain one of the active features ofnwrket and the fact that the stockno influence front tile strength in Penn-

sylvania although It does as aruie had the effect of making theelement rather bearish fur the time beingon the ground that the upward movementhad attained its full growth and thatuntil large interests showed more

to bullish operations it was useten to expect any great volume of buytag the public have displayed little enthustasn over the ore deal for the reasonthat its full significance Is not understood The price paid for the ore doeSnot at first seem to be low but it Uof very great consequence that the ore it-

self contains a high percentage of Ironso that the relative cost of producingsteel from it will be smalL

It to well within the mark to say thattile proportion of Iron Great North-ern ores is between 0 and 89 per centTwo tons of this or will suffice for a tonof steel against three or four tons ofSouthern iron It takes approximately a

furnace and as coke b expensive ayabout IS a ton there ia a substantial tjavtag in trfattag ores of per cent as com-pared with ores of at or per cent ironThe question of freight also enters intothe ease

Every office m the street baa had nu-

merous inquiries recently as to whyAmalgamated Copper does not move ThisIn itself strongly suggests the extetencr-of an extended public interest on theside The great activity in miningon the curb has led many people to ex-

pect a big advance hi Amalgamated andthose who did not care to risk money Inthe stocks of the smaller concerns havetaken out some Autflga mated te the be-

lief that it afforded a fair prospect ofprofit without danger attending commit-ments In ventures whose value has notyet been clearly established

National Lead moved to some extent insympathy with American Smelting and

being controlled by intereststhe latter company and it was said thewas a short interest of considerable dfrmansions In the stock In wenInformedcircles it was asserted that earnings wererunning at the rate of 12 per cent orupward for the coteunon stock The rfcpeople were MId to have given outtip that Smelters would reach IM this

The margin left for fulfillment atthe high point of the day was so narrowthat the traders were inclined to watt forsome new inspiration

Postponement of the Chesapeake sadOhio dividend meeting had no appceetaMeeffect on the There has bees verylittle speculation Chesapeake and Ohiorecently for while there was a good dealof talk during the summer about a possi-ble increase In dividend rate the repre-sentatives of large interests in the prop-erty allowed It to become known thatwhile earnIngs were good the

of the road would for some timeprove such a drain ou income that btecompany could not at present afford toInstitute a policy o greater liberalitytoward stockholders They point to theTact that small rtvidends have been paidfor years during which the road washardly Justified ta paying anything

For some reason said to be based onthe annual report Erie sold off althoughthe portions of the document not alreadycovered in the preliminary statement

some weeks ago were on the wholea highly satisfactory character

Bull on American Locomotive assertediUe General Electric Company had

bought additional common stockmight buy still more out of the pro

of its prospective Issue oY newVery close relations it was said

now exist between the two companieswith every prospect that the ties wouldbe drawn still closer in the near futureThe agreements for Joint construction ofelectrical have resulted tothe advantage of both company and theprospects for the substitution of elec-tricity for steam give promise of a heavyIncrease in the demand for this kind ofroutpment

Contrary to Ute general belief thatpart of the Sl 09W atgck of the Chi-cago Milwaukee and St Paul Railroad Company authorized at the

mating on September 29 wIltcome upon the market until well intonext year It Is now estimated by persuns close to the management that aportion of the Issue may be offered tostockholders within thrge months Allrertor of the road In discussing thematter today that in his opinion ito put of the stock would be issued inside of two months but admittedthat there was a possibility of its beingnfTcTPl to shareholders before the

i tl y ir It is known that a partf ii at least will be used in the Pacific

Ionst extension project

marketand

In

Manywere

movements

the

fewresponse

byfavOr-

ableby

Penn-

sylvania

these

ODe-

On the

cent

of

thatactivity

accomplishMore

movement

ruecent

Itof

not1

that

OIl

the

lathe

ton ot coke to treat ton ol ore at the

45

long

Refining

the

week

RodeIn

of

thatrecentlyandcoeds Capi-tal

n

stated

dis-

appointment

expressed

op-

erations

Penn-sylvania

Sonic

would

weeks

In-

crease

general

qual-Ity leaders

jOlt

generaltrading

encour-

agement

a

15

Issues

in

require-ments

pub-lished

an-

nual

end

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NEW YORK PRODUCEN-

ew Yd Oct 9MILL1T5ED heW BradsBring bra to MMb sacks t arrive anda35 mfcaungs Lit city Inn 199tettfi Westem red 2aM-

FLOUalMctttv steady spring patent IMriJtprim X53 winter rtxafehta Utalflwinter anus X M3J5 Kansas to sambaXTSalW straights JSaU dean SJteLtt-

KYB FLOUlUSOonn enecfcmi 1WJHC-OUNMKAIsModerato dnoMMl Mb

sport ITsatTS coarae meal ia Lags L1WJLBUCKWHEAT PLOOltDall sod uaaUHaa fc

1 for spot nod IJaaUB to arriveIlAY3ttojer ttodertor twde raatpta IJat

put riport priwr T K 1 No t a T-

3o 2 7Za8-STKAWPak twnrfrj tea rye WasBEEKFinacr Ntantntety Mttra Matty ttr

1291 packet aMtoiMt-POKKFair Mew UJBallTS tandy AH-TALLOWIaactiw ftj anoted It Wl fa f

beadLAKDFtaMt prime WeMem Ml ttty 11

Booth American MLS reined IttMla tea 1L3city tearine JK otfttatearta qane eJr tti-CWcaaD t-

SUGARTIM local Maffert tar ninetad mKhMprt ewttWwpl MM 1 MM

corado tot 3M nartraMs stnprrefined quiet tat steely ned i

HUTTKKlUeeJn 1MB PntaBsnir extra

notedEOttftHeceinta aSB

with Writers torts mined at theof S to at

NAVAL STOKEtatot rote tt7Sf taunhWrit turpentine C3 bamfcu Un LID Barrels

Spirit turpentine wa ajMrted at at at M far ma-

cfoiac made bnrehr with reek staa at

strained aad tar steady at Ml Sat ail

xnnv YORK

New Tort Ort 1Qsjb markets WH1ATStronger checking tnde K 1 Xartbcm Dnkt-

to sad sal 4 eer netanbtr fa No 1 Karttan Mantlnba ft late Xmaabi-So 2 Martbfra MauHaha KK late Xini sanNo 2 red f b m sJMkr Deamber Xhard over Deeonber f o b No 1

Mfc f o h Xe 2 MacMani 7 itoot

COICiSteady No S cheater MK XoS October MK2 early Xoumliu SI f h Xo 2 trait

o b Ezportm teal I leadOATS aa 4pfct tnaV ffliartai prtet

XoJwUte O Xa 9M Mo 2 studtkK otieta Jar Maw bOne

YeatndaHla Len Ctaae

R KMaj Mft UK OK MK-

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C w YoA Oct l llkt aaCEac rattoday 0h t loin pratAaa esxhassa wIthout

asahiit Ion cAn mm BracB The

Primes went IS to poSits set hear

Xliifcenth Street Property SoldMoore Jt Hill yesterday announced the

sale of the large residence 1830 Nineteenth street northwest The propertywas owned by Bradley Davidson and thehouse was built shod two years ago asa home and he resided there while build-ing the other houses In the row betweenS and T streets The property was soldfor H80W

FINANCIAL

Fiscal for tile United St-

GovtramentDepository for funds of Pkilipputt

Banking Corporation

CAPITAL AND SURPLUS

The International BankingCorporation solicits every

of banking businesswhether business profes-

sional trustee personal orhousehold accounts and

a cordial welcome to aintending customers-

In the matter of loans anddiscounts the bank affords themost liberal treatment consist-ent with sound banking

The bank pays

per cent per annum on ac-

counts subject to check andhigher rates on time moneyParticulars of these rates onapplication The attention ofthe depositing public is invitedto the wide margin of securityafforded by the banks excep-

tionally large cash Capital andSurplus of

SIX A HALF MlLLiOH DOLLARS

1415 Q Street Northwest

BOND BUILDING

714 14th SiInvites your a count

Deposit branch ntWoodward Lothrops

WASHINGTON BRANCH OFFICEU12 II St NW Maryland Building

MEKBERHNew York Stock Kichawrf

StMk BsriwigsNew York CottonNew Sttt utgeNew To Crt

Board of TradeLiverpool Cotton

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FINANCIAL

OK m CoMEMBERS N Y STOCK EXCHANGE

WASHINGTON OFFICE

1301 F Street Northwest

CHIPMAN Manager

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or GKORGBTOAW D COrganized May ISSIi

NOTICESubscription IxmUs to the 2 tli nn-

nnal lassie of fvill soon closeFour per ernt imiil Oil special dc

IJoaKw of JJlbO niiil multiplescent also paid awnthly Ocpoaitt

KN and amrtn Addnwnal interest aln statarity of atodt

SOW i alwar tilt to begin tThe aaoat socceaxfal aaaomc ae lie can

toeji dill moue It it bad yolic ta aH-H isle 01 permitUng yournets ta tenk wtiT nat it in an faaUtntiaatact pays you fanciest for the ot

ass will iaaatre at tbe-UM AamdattoB tae roper to UTe tutthe be will W met t e tdnpl 4at aacuU

You lucraaia anetaber snob br uuxinf dr-aoait vt 8JI r MIV aatowt uedinr this

abstdd ra wfa to naSa a special tt thatb pot te 13888 tine or any aaabber

3888 Is a nrmartw in tbe Jkaaoct-atiana aceaaamod tf To tinier

opceial depoatta iaonth or addttknal kire men eoeaawr thrash they iaaj be

The tarilateK aamdatkn paw ao far tie to-

natannu are vaeetmd may be saannd up inInvaaf watda

aO can as oftm aa yoa canset Ocpnatt wWi irttemt ash when

the Fir Co Asaartathm fromattracted aoBatantSl notice The na-

nOfcd reputation of tt oSkeen ud tile dedaratiasitint U 4HoJ4 be coa4e te4 oa ta-

antoal plan preceat d an inna nahlM patronane Bf ry ana mo uoStetmtnto atoex SeneScent iottoeme of basjc

R ha Ilea tfcat u afor aartan both of the welH Ml sod the poorthe First AanctaUeB URMBt-aadvanUsts features unrxopOfd

First CflfijKraiite Btiiifiiflg AssiciafiM

Shares to It all ineunieHMONTHLY 38J

SPECIAL f

PAIDUPOft 1325 TUrfrieMri Stfsi

OFFICERSA B Jackson President-

H 0 Wagner President-J Miller SecretoryDIRECTORS

S Thomas Brown W F Gibbons GoingsFreeman H P Gilbert W A

Dank Johnson John Fleming

the greater the importance ofdepositing your savings where

there can be no question as toSAFETY

This companys BANKINGDEPT will give your funds absolute protection addition topaying you interest thereont7Depcstts always robjert to dtecs subset

1414 F Street N WQEOctOE E FLEMINGEMOX X OUt

SaoRtary

NOTICE

MERCHANTS MECHANICS

SAVINGS BANK

707 G Street KorthwestAre now offering a limited amountof their new

CAPITAL STOCKFOR SALE INT LOTS OF NOT

OVER 21 SHARES

Charles G Gates CoTriNity

BROADWAY NEW YORIC

The WalaWfAuark New Yark-IU T BAfct CWo-

Aflaatie City NewPreach Lkk Sprier i laaVaa

Washington Office Munsey BldgTELEPHONES Malt 37937fll 7M

Direct Private Wire Service

The habit by opening anicrount with this As Ute

1ii it grows so will your IncomeONE DOLLAR opens an account

ETUndw government controlsame as national beaks

Savings Bank JSSiJ2 inier Ft on Savings Accounts

interest on lipcking Accounts

THE KICKMAM COMPANYDealers in PRODUCE

HOMEDRESSED POUL-TRY and FRESH EGGS Hotels

diningrooms take notice

LOUISIANA AVENUE

OPERATIvE

BUILDING ASSOCIATION

stockthereof-

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THE

Ninth and F Streets N W

Capital 1000000Surplus 600000

This Company Under Act Congress aed fe 0ii5erthe Supervision of the Comptroller oi the Currency qf tke UmBed

States

BANKING DEPARTMENT eacooragts pays in-

terest on deposits subject io check Money loaned upon r

approved real estate and security at the iowtstrates of interest S

TRUST DEPARTMENT execute a trusts ads as Exact fand Administrator Treasurer and Re stmv to ft ntt asv

and Trustee v V

SAFEVEPOSIT DEPARTMENT rents safe foaand provides storage for silverware and raktabies ol H

kinds m its FIRE and BURGLAR PROOF VAULTS

REAL DEPARTMENT All real estate placed in

charge of this company as Executor Trustee or Agent ismanaged by this department Renting repairing settingand insuring property and paying taxes e caref titty andpromptly attended to by experienced meii in tbe eropioy efpthe company

Idformatiob reiatuig to each department furnished upon a l-

cation t

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WASHINGTON

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COMPANY

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DIRECTORSCheSts s BaJhyA L JtatbarWit E litheJohn R Cannorfy

John M apr

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The EQCTTAULB aac strictly reveled ao4vast t BMra f N years siaca its areaii-

nttaa ebb BMimiitlsg hiMtaesg ncUMiK Itsobject aad isati aa a iimatl ca

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tile bu est itam af vraetieal HIp xadmecca both then aba wta m stack and tthose who muil ay fir vneeRs-

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BQUITABLK BUILDING WK F ST N W

Joy Ibm 1njafciHEllis Spear Vice UrasliantGee W QMOfar Jd Vice Pi ajfia-

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DIRHCTOItS

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B nwra II HarriesP B T ii K V Cofflk-

Jne n Lanier

lair life wsuraace policies a riawn earl than tile aavjwethen We she bur poJWa aabject to

Write for termmost be seven years old

The Harrison Realty CompnnTi807 O STRKET NOKTHWBST

EQUITABLEI

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Saaoel L PhflUpaX H SinsA S Worthington

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GoneB IIHenry K WIlaid

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Trust Company

Pays 4 per cent interest on Sav-

ings and Time Deposits

Open for deposit 2d 3d 17th and

18th until 5 oclock Saturday

evenings 6 to 8 oclock

The Safest investments

Baacal rr onsibiMtT or lbs aUl i1fty-

af awr iadrridaa or eorparatioB Firstsk af teat ajcrt m aMtw liberally

neon m jjno t real n atr in tie Dav-

Irfcl af CotaDhu eonttitote gZtttoa-wMataamU Tae we the oajly kindme maSs aad suppv to mTMton Tfcyhear krtcrrtt pasaMe eajit4aaiHlr

tied b had ot m in anemia trimSGM and rmrard par and MaW taIrene send fur booUet Coacarnbtg

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Swarizell Hheem Hensey Co

WARNER BUILDING

9tt F STUKaTT NORTHWEST

Transmittedk BY CABLE

Drafts issued direct on prin-

cipal cities of the worldLetters of Credit issuedExchange bought and soldInvestments Collections madeStocks Bonds bought sold

NATIONALBANK

Pa Ave opposite US Treasury

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