Newspaper Page Text
LAST THR
THIRD QUARTER'S *
FAILURES LOWER
IN GROSS AMOUNT
But the Total Number Is
More for Period Than
Since 1915.
AVERAGE IS $27,437
Smaller Frms Hardest Hit,
According to Report of
Dun & Co.
The effects of the- business readjustment
are still evident In statistic#
of failures, which disclose a
commercial mortality considerably
above the average.
At reported to R. O. Dun & Codefaults
In the United States during
the^thlrd quarter of this year num- I
bered 4,472, exclusive of banking:
and other fiduciary suspensions, and!
supplied $122.6^,399 of liabalities. |
while the statement for the nine I
months reveals 13,507 Insolvencies I
fOY about $433,000,000. In point of
number, the third quarter's failures
exceed those of the second quarter
by 309, or 7.4 per cent, and August.
with 1.5C2 defaults, made the
poorest showing of any month since
last February. Despite the increased
number of Insolvencies,
however, the Indebtedness for the
third quartsr Is $7,600,000, or 5.8
per cent, less than the amount for
the second quarter, and the September
total of $37,000,000 is the
KENTUCKY GIRL
WRITES LETTER
How She Was Restored to Health
by Lydia L Pinkham's Vegetable
Compound
Sunnyside, Ky. ? '*1 suffered for|
more than two years with my bad
MMMHaind nervousness,
and was not able
to help my mother
do the housework.
took treatment
from two doctors
S? and they did not
laS 1MB do me any good.
ifSll ^ ?1 h " pY
r |ham'a Vegetable
' J Compound adver^
PK^r
ten bottles. It has done me a great
deal of good. I weigh 138 pounds
and am in good health. I will gladly
recommend Vegetable Compound to
anyone who suffers with the troubles
which I had, and you are welcome to
publish my testimonial.Velmer
Hendricx, Route 1, Sunnyside, Ky.
To many American girls life is often
a heavy drag in consequence of illness,
and every mother should heed
the first manifestations, such as
cramps, backaches, headaches and
nervousness as Mrs. Hendrick did for
her daughter, and give Lydia E. Pinkham's
Vegetable Compound a fair
trial. For over forty years this old
fashioned root and herb medicine has
been relieving women of just such
Guticura Soap
?? AND OI.VTME.VT
Clear the Skin
Stomach Trouble?
- Indigestion?
Stsaafh Trouble and Sleepless- I
eae Css Be Relieved* Mrs.
Boyd Says.
LJND8IDE, W. Va.?"This Is to
(Certify that I have used Dr.
Pierce's Golden Medical Discovery.
and I can recommend it very
highly to suffering humanity. I
had been a sufferer from indigestion
and stomach trouble for
ever five months; nothing I ate
agreed with me. and 1 could not
sleep well at night I used four
packages of Dr Pierce's Golden
Medical Discovery and received
the greatest of results from its
ase. I am using the 'Pleasant
Pellets' now and find them
to give good satisfaction. I am
at present In very good health,
due to the use of Dr. Pierce's
medciine."?Mrs. Hattle Boyd, R.
F. D. 1, Box 47.
You can put yourself In the
pink of condition by obtaining
Dr. Pierce's Golden Medical Discovery
In liquid or tablets from
your neighborhood druggist. ?
Adv.
D.D.O
US. lotion for Skin Disease
W, ten wW? t nek remartabta
Malta wit* thte wothioc wuk of ail?
that wf affer raa a bottle aa the (aaraataa
that aateaa it daaa tba mum/or row.
ttaaatiraaaatacaat. Mc.?caadtU*
f . People's DniK Store*.
At the first
sign of skin
trouble apply
RESIHOL
.Sooth inq and Hcalinq
Delay in properly
treating skin trouHe
is dai^erou&You make
no mistake when you
adopt Resinol
In UseNe^ltoiy^an
(y
... 1
EE MONTI
RAILROAD INCOF
AS EXF
Revenue Gained But Li
Expense* teft a L
(By The WMhlWtM
Th? railroads have made a higher
rate of return durln* the recent
months from the reduction of expenses
rather than from an increase
in business. On the Class 1 roada
the Bain in opefatln* revenue^ in
July was only about a million dollars.
while the reduction in opiating
expense was about $18,000,000.
with the result that the net
income increased and the rate or
return on the tentative valuation
arose to about 4.6 per cent from
per cent In June.
For the first six month* of the
year the rate ?u far below the 6
per cent objective of the Transportation
Act. but the increased
rates and wagi cuts have shown H
chance during the last two months.
The true situation is disclosed by
a study of the table below mowing
the main facts of railroad revnue
and expense since 1?1S. The
mileage of the roads ha? Increased
but little, 'from 233,000 to 235.000
miles, but In the same time the revenues
and' expenses have more than
doubled The operating ratio, or
> the ratio of revenue to expense,
gives the story in a nutshell. This
was about 70 per cent during the
war but arose to 93.47 per cent
in 1920. The decline has brought
it down to about 7S per cent for
July, but this is still above the average
during the war.
Another Index Is provided by the
rate of return on Investment. This
ranged from a little more than 4 per
cent to nearly 6 per cent In 1916,
based on the fiscal year. Since
1916 there has been a steady desmallest
of any month this' year,
excepting that of June.
Little Fellow* Feel i<se?w.
It thus appears that the tendency
during the third quarter was toward
a further reduction In sixe of individual
failures, an average of $27.437
of liabilities, contrasting with
<31,293 In the second quarter and
137,028 In the first quarter. From
the figures of the first quarter, when
defaults were at the maximum po4nt
of the year, the third quarter's returns
show a decrease of 8-2 per
cent In total number, and 31.9 per
cent In aggregate Indebtedness. Not
In any previous third quarter since
1915, an the other hand, have so
many insolvencies been reported as
in the present instance, while the
liabilities are the largest on record
for the period. Comparing with
the third quarter of 1920. increases
of 120 J per cent in number and 53.7
| per cent In amount of Indebtedness
are disclosed.
The number of commercial failures
in the United States, the
amount of assets reported and the
amount of liabilities for the third
quarter are compared herewith for
a series of years (last three ciphers
omitted In amounts columns):
No. Assets Liabilities
4.472 $74.*81 $122 699
l9**o 2.nsi 44. *30 79.*83
1919 1.393 12.141 2?.230
1914 2.1*0 21.891 83.181
1917 3.249 29.51* 47.228
1919 8*755 28.183 43.345
1915 4.548 33.404 52.878
1914 4.29* 71.638 R8,*l* i
1913 8.549 43.274 88 *37 j
1912 3.499 28.851 45.532 |
Figures by Quarters. j
In the following table the number and i
liabilities of commercial failures in each
qusrter this year are giTen, with comparisons
as to number for the two immediately I
preceding yeara;
Number Liabilities
1921 1920 1921.
Flr*t Quarter .... 4.*472 1.827 $1S0,3?7.?8S
Reeond Quarter .. 4.183 1.725 130.273,815
Third Quarter .. 4 472 2.031 122.8W.SW
Nine Mot. ...13.807 5.383 $438,371.003 1
1920 5,383 186.577,4711
The number of commercial failures in the I
different geographical sections is compared ]
with figures of liabilities for this year.
Number Liabilities
Section. 1921 1920 1921
New England 362 1S9 $8,088,070
Middle Atlantic ....1.072 623 46.406.944
Booth Atlantic 554 213 10.108.5*9
Poutb Central 702 209 16.918.055
Central Ea?t 826 331 22.918.491
Central West , 415 150 7,740,737Western
15* *9 1.97*,320
Pacific 3*3 228 8.571.294
C. 8. 4,472* 2,031 $122,699*399
1920 2,081 79,833,595
Building Permits.
2670?To S, S. Freedman, garage.
3539 Holmead pi nw; lot 125, sq
2828.
2672?To W. C. & A. N. Miller, garage,
3415 Woodley ro nw; lots 80001.
sq j090.
2674?To W P. Lipscomb, rase 2
houses. 1142-44 15th st nw; lots 23I
24. sq 197.
2675?o W. P. Lipscomb, storage
shed. 1142-44 15th st nw; lots 23-24,
sq 197.
2677?To W. R. Miller, house. 111
Kentucky ave se; lot 14, sq 1014.
2678?To J- Scrivener, house, 114
IF SKIN BREAKS
OUT AND ITCHES
APPLY SULPHUR
Just the moment you apply
Mentho-Sulphur ta an itching,
burning or broken out skin, the
itching stops and healing begins,
says a noted skin specialist.,
Thj^ sulphur preparation, made
into a pleasant cold creani, gives
such a quick relief, even to fiery
eczema, that nothing has- ever,
been found to take its place.
Because of its germ destroying
properties, it quickly subdues
the itching, cools the irritation
and heals the eczema
right up, leaving a clear, smooth
skin in place of ugly eruptions,
rash, pimples or roughness.
You do not have to wait for"
improvement. It quickly shows.
You can get a little jar of Mentho-Sulphur
at any drug store.?
Adv.
"The Recover
of Dr. Lescaut
A ... -
is IMPRCfl
rtE INCREASES
ENSES DECLINE
ittle While the Reduced
.arger Net Return.
Herald B?e?e?l?t)
cllne to the very low point of 0.32
per cent tor 1930. L??t year the
total operating revenuea were over
16,100,000,000, or practically double
the revenue of lfts. when the railroads
made over 5 per cent net return.
The total operating lxpense?
were nearly ?M#M#0.0#?. much
more than double the sxpensea In
The waye in which thle great Increase
in expenses his occurred are
shown by the detail* of thaoparatInB
Item*. From 1913 to 1330 the
cost of maintenance of way ha* Increased
from |40*?000,?00 t0 M.036,000
000. The maintenance of equipment
hae been multiplied three
times, from $499,000,000 to I1.5J?.000,000.
The cost of transportation
has more than doubled and other
items show sljnllar Increase*. The
bis cost has been In maintenance,
divided between labor and1 the cost
of materials. It will be remembered
that the increase in mileage has
been only about 13.000 miles, an9
the Increase In equipment hae not
Going further Into the distribution
of operating revenues the following
table shows the distribution
as expressed In cents per dollar
for several recent years:
Diitrlinttoo of Railroad Dollar.
101* 191* 102?
41.1 40.4 59.9
7 1 6.T 10.9
Fuel ?.........?eseeee *0
Lose .ad ia?a#e... J-J J %
Injury to partes*... 1J J J
Insurance * -J -J 2*4
'' !
T.\.? * ? ? ? 4-'
Hire of'eqelPSMat .... 12 J?
Return on Inveetmont.. 25 8 28.1
It is apparent from this comparison
that fhe labor' increase
which Is nearly fifty per cent over
that of 1916 has absorbed most of
the decrease In return on Investments,
though a considerable proportion
has gone into the higher
cost of fuel ^nd materials.
There has been considerable discussion
of the Interest paid ,on
indebtedness and dividends declared
by the railroads ih recent years. A
study of the reports of the I. C. C.
show that the interest charge hae
not increased so rapidly as has been
generally assumed. The following
table shows the Interest and dividend
items at three different periods:
Int.r.it and Divid.nd. of Xsilroadi
(In Millions of Dollars.)
1913 1910 1910
Interest on funded debt... *368 *406 9404
Interest on unfunded debt .23 14 *Total
Interest 3?i 443
Dividend. out of Income.. 230 187 .19
Dividends oot of surplus.. 82 118 64
Total dividends 381 806 2*8
A survey of the revenue freight
carried of the various principal
groups during the six-year period
of 1913 to 1919 shows some Interesting
totals.
Revenue Freltht by Clasasa.
(In millions of tons.)
1918 1910 1918
Agricnltural products 102 112 115
Animal product. 25 ?
Minerals, etc W. ? 5*f
Forest products
Manufacturer*. etc IB? 219 -10
L. C. L. freight 41 50 51
Grind Total 1MT 1151 1090
This shows that there has been
relatively slight Increase from 1913
to 1919 In the freight carried. The
total for agriculture was slightly
exceeded In 1918. but aside from
that year 1919 Is the largest reported.
The same is true of live
stock products. Shlpmente of mineral
products were very heavy during
1917 and 1918, but have declined
since, along with forest products
and manufactured goods.
The amount of freight to be carried
might easily exceed 1913. and
even 1916. with a revival of busi-'
ness this fall. In which case the
returns of the railroads would probably
show a rate of return comparable
to those years. If present rates
are maintained. Taken for the year,
however, the rate of return is still
very low. 2.1% for the first seven
months of 1921. and 2.7% for the
eleven months since September 1920.
The rate for the calendar year,
1921, so far is more like 1918, when
the annual rate of earnings was
3.51%. *
Railroad Revenue! and Earnings, 1918-1991,
(In million, of dollars.)
Oper. Oper. Net Oper. Rste Oper.
rise jr. Rev. Expense Income Earned Ratio
1918 ..*8,109 32.178 3787 8.1.1 09.92
1914 .. 8.081 2.203 061 4.17 72.09
1915 .. 2.871 2.021 083 4.20 70.89
1918 .. 3.481 1.210 984 5 90 63.38
''lilT*.. 4.014 2,829 934 5.26 70.48
1918 .. 4,880 3,982 688 8.51 81.58
1919 .. 5.144 4.399 434 2.46 85.52
1920 .. 6.171 5.768 81 .82 93.47
1921 Jan. ?70 448 Deficit DeBclt 94.87
Feb 403 885 DeBclt DeHcit 95.00
Mar. 459 400 30 2.20 87.19
Apr. 438 375 29 2.10 86.69
May. 444 380 87 2.80 85.43
June 461 880 51 8.00 82.53
July 462 862 69 4.50 78.89
The rate Tor, the full years la calculated
on the book valuation, while
for 1921 the tentative valuation is
used with the additions for 1920
added. 'i
Kentucky ave *e: lot 17, sq 1017.
2679?To A. J. Washington, garage,
410 V st nw; lot 5. sq 3090.
2680?To H. O. Houston, house.
4337 Douglas st ne; lot 62, sq 3115.
\ 2681?To Z. D. Blacklstone, fence,
1405 H st nw: lots 800-01, sq 220.
2*82?To W. J. Cheyney, house,
4310 Fessenden st nw? lot S, sq
E1654.
2(14?To F. ,E. Cole, garage, alley
bet Lomant. fcenyon, Warder and
Sth sta nw; lot 87, sq 3043.
2686?To E. J. Thompson, garage,
1339 Newton st nw; lot 73 sq 28S?.
2688?To C. R. Allen, house. 3017
26th st ne: lot 28, sq 4341).
2(89?To C. K. Allen, garage. 1017
26th st ne: lot 23. sff 4340.
2*90?To O. C. Barnham. house,
5437 Conduit rd nw; lot 8, sq 1440.
2*91?To M. H. Duvall. garmga,
1357 Oirard st nw; lot 34. sq 2855.
2693?To L,. B. Schneldy, garage,
1835 18th ?t nw: lot 808, sq 111.
2696?To Isadora Dyer, house,
5435 Conduit rd nw; lot 10. sq 1440.
2$98?To W. P. Irvln, house, 810
48th st ne; lota 21-23, sq 5144.
2701?To t}. W. Haddox, garage.
3571 12th at nw; lot 14?. sq 2M5.
3701?To Thompson Auto Supply
Co.. sign. 1?W-1? ?th st nw; lot
145. sq 240.
v3744 ? To H. L Thompson, house,
houses. 405-07 Butternut st nw; lots
35-38, sq 337*.
3705?To H. L Thompson, house;
409 Butternut at nw; lot 37. sq 327*.
yBjr C. Kennett Barrow, g
The physician find* him- ^
sell called on a strange k*
ff case, bat he accepts and ?
it leads to happiness he W
-had never known before, f
V *
((^ SaSMHaSMPSBSSBBHBSSaSaBBi
L * : %
/ED IN VP
DEEDS AND DE
Publwbed Daily, Except Mood
, re?ord trmnacript of
filled in the office of the Diatric
DEEDS.
1015 Maryland ave aw, sq J5J, lot
25?Mary E. Cox to Joseph p. Mc-J
Lmughlln, $>10.
Alabama av? se. east of 9th at I
y 5?47, lot ?, addition to Congrca.<
wl ui!T~r *7'*' 8 WrlBht to1
William E. Urraaq et ux. Jennie j
$10.
6J7 and 839 L at nw. aq 449, part
original lot ??Roblnaon Whlta and
OockalJr, $2^00*"* ,0 ChH'li" J
| North of Buchanan at. west of I
I E r>Il i "W' *? ,01s' lot 51?Floyd
B. Davla at al. to Carl C Redint.r
at ux. Florence B.. $10 "e<,ln*?r|
? '<>,?
uVX^y 'I* " A' DUeW"ih *!
p.v.vji.rrto^?^:
i&a" ,T,. M"rl0n' to
"q iiA- '?t 42?WatK.n,l.P
vCI DU?rlnRgUd0,ph H E "0
South of Whlttler pi. east of
an5r^l* fV? .?" *" "7l- 'ot? 24
and 41?Igrnatlua J. Farley nv
A?nea M.. to Catharine P. Simpson!
R U'h ?' "I 1032. lot 80Ro.lna
M. May to Louise Harris.
Morriaon at nw, w of ^8th ?
I? Athay'?to L? '"d
H. O^P^ip^. K B?" and
nw' 'I *8?' lot? "P"
? h3..?^rne,t C Balrstow, et
t0 Max EP?t??n. 110
? nWl w of 134th st
TIB., fart lots 20 to ^4?J. Frank
Shapiro? Jlo*' """ ? ? ?-?3?th*.?tmII
ft,"/! btt- Conn *ve and
HtsLo't, J6' 'ot ** Chevy Chasa
."t*rCh*? R. Hair, et ux. Loutne
T. to Jesse B. Adams, $10.
Rear 1410 Vat ae sn ^77*; 1 _t
803, Uniontown?James T Harrl?
"X. Suale C. to Geor?e W
Shoemaker, $100.
Longfellow at ne. bet. V. Can anrt
1st sts. aq 3708, lota 26 and 27Chtl<* "
Halarht.?Waller 8.
riznc:: litEl,en to Guarin,y
J-^brn'oVnWWh7te42,6?dP,Chr.'sB 'V
Shreve trs. to Maggie J. Tracer.
?Jl!R0.mar " bet Conn ave and
38th st. sq 1878. lot 44-r-Chevy Chaae
O. and Ellen M.
Randolph to Jesse B. Adams. Walter
E Blount and E. H. Frederick. J10
Ingomar st nw. bet Conn ave and
38th St, S<1 1876, lot 44. Chevy Chase
Heights? Walter E. Blount et al to
Chas. R. Huff. $10
*w,COr.24th 4 Monroe st ne. sq
4244. 1st 32. villa Park?Harold C
Kenney to Herman V. Schmitt. Jio'
Y??r Sherlfr Road & 44th st ne
aq 5098. lots 30 4 31. North Hillbrook?Mary
Williams to Wm T
Butcher & Lucy E. Butcher. $10.
, . ?.5. 4 1-1 st aw- "l 6?1. Pt oris
lots 24 & 25?Hattie M. Cochran to
trustees Gorsuch M. E. Church of
v\ aahington. $10.
15 9th st ne. sq 920. lot 26?John
H. Loughran to Catherine L. Phillipa.
$10.
j, k"',ate ot Joseph Loughran, undivided
1-5 Interest in and to Joseph
8. Louahran to Patrick H.
Loughran, trustee. $10.
JosePh Louzhran. undivided
3-5 Interest in and to Joseph
S. Lough ran to Patrick H
Loughran. Catherine L. Phillips and
Theresa Foley, $10.
45th at nw, Friendship, pt tract
Frank J. Ehrhardt to Alice 8. Waltner,
$3950.
ave ne. sq 4315, lot
504. WoodridRe?James A. McCarthy
et ux, Mary C. to Albert H.
tngelbrecht et ux. Hazel R.. $10.
N of Hamilton st c of 13th nw.
aq .930, lot 44. 14th st terrace?
Herbert T. Shannon A Morton J.
Lucha to Wm. H. Dyer. $10.
B st ne, bet 10th and 11th sts; sq
965. part orlg lot 8?Lunsford L.
Hamner tr. to Bernard Walls. $1,800
3612 Macomb st nw. sq 1921, lots
12. 802, 804 and 819?Furnifold M.
Simmons et ux, Belle, to Franlk M.
Surface et ux. Anna B., $10.
1520 10th st nw. sq 337, lot 25
Frank B. Martin to Geo. W. Turner
et ux. Mary L.. $10.
Asbury pi -nw, south of Davenport
st. sq 1492. lots 23 and 24?Beulah
W. 3. Peyton to Alfonso L.
Gralham et ux. Grace. $10.
1702 5th st nw. aq <76, lot 15
Fred'k W Heine et ux, E. Simpers
to May A. Nichols. $10.
232 18th St sw. sq 296. lot 65?
Walter M. King to Myron M.
Michael, $10.
Good Hope rd se. east of 16th
s?. sq 5611, lots 6, 7 and 8?Thomas
J. Rosslter et al trs, to BenJ. F.
Deane et ux. Emily R? $1,050.
Anacostia. lot 313?Mary C. Pvles
to Fortunato Guiffre et ux. Maria.
Se'cor of 7th and Shepherd sts
nw. aq 3232, lot 40?Ernest Gerstenberg
et ux. Annie D.. to Royal
Bartlett and Paul D. Banning.
Jll.OOO.
5th at nw. bet F & G. sq 487.
part orlg lot 10?Jno. M. King to
Mollle M. Miller, $10.
908 2nd st ae, sq 767. lot 10?Morrla
Lcventhal et ux, Roae, to Silas
Campbell and Eliza Scott, $10.
S of Euclid st, w of Ontario rd
nw. sq 2583, lot 65?Harvey U
Akers et ux. Ida L.. to Llbble Kraft.
$10.
Harrison at nw. w of Conn ave,
sq 1876. lot 3?Chevy Chase Land
Cc. to LeRoy C. Clements. $10.
8 of Kenyon st. e of 18th st nw
sq 2597, lot 105?BenJ. H. Gruver et
ux. Lifczle M.. to Ernest J. Coring
et ux. Martha H., $10.
23rd at nw. bet M & N ats, sq 26,
lets 25 & 28?Augustine A. Heard
to Thomas A. Theurer, $10.
D st se. w of N. J. ava. aq C93.
part orlg lot 14?Percy H. Russe,l
et al. tra, to Flarence W. wise
$4,800.
Randolph at nw. w of 13th at, sq
$824, lot 6?Thos. F. Colvin et ux
to Wm H Qui" et ?*
Lillian P.
308 D at aw. M 53$, lot 31-rAllce
R.^Adams et al to Jno. H. Manning
S of Bryant st. e of 2nd st ne. aq
? ^Harry War^man at al
to Elizabeth Hunt, $10. j
1504 18th at nw, aq all. lot A
Michel Piclllo et ux. Marfa, to Chas
C. James. $1?.
7 Qulncy pi ne, aq 3520. lot 88?
Eer.nlna M. Glover to Geo. Haastlbalch
et ux, Mary, $10.
^ *th * 1#th *t(<
37$, lota O A P?Ward & Co. to
Virginia Paper Co., $10.
?. T#I Mi*8 *Ve nw' *1 89fi. lot 28?
Maude Moore to Albert E. Joat i
Lillian V. Jost, $10.
N of Hamilton at, e of 14th at nw,
iUNDAY'S
1ERALD
LUME OF
?
EDS OF TRUST
?y. in The Washington Herald II
all deeds and deed* of tru?t
t Recorder of Deed* yesterday
sq 2804, lot 93?Herbert T. Uhannon
et al to Howard P. Phillip* et
ux. Mary, $10.
F it HVi bet 3rd & 4 Vi ats. sq
639,.orlg lot 22?C. Prank Keani,
guardian, to Chas. A. Ulddle. 16,700.
DEEDS OP TRUST.
Sq 3036, lot 108?George U W.
Baum. et ux, Minerva E. to Ernest
M. Colvln and Walter U Davis to
secure Columbia Perm. B. A.. 12.S00.
, .
Sq 352, lot 25?Joseph r. McLaughlin
to Ernest M. Colvjn and
Walter G. Davis to secure Columbia
[Perm. B.- A., $2,500.
Sq 5947. lot S?Wm. E. barman,
et ux. Jennie L to Oarnett It.
Hrown and Irving L. Burroughs to
secure Harriet S. Wright, 12.460.
Monthly payments 6 per cent.
I Sq 5037, lots 73 and 74?Wm. J.
Franklin, et ux, Martha E. to Leonard
w. Groomes and G. Beale
Bloomer to secure Harry F. Bllber
$2,000. 3 y,ta r n 7 per cent ?a.
Sq 3037. lot 73?Same to Regei
O. Belt and Wm. L. Crane to secure
Alonxo R. Lawrence, $953.01.
Monthly payments 7 per cent.
Sq 74. lot T4?Same to same to
secure same 1963.(1. Monthly payments
7 per cent.
Sq 2615, lot 82?BeaJ. U Steele,
et ux. Leone P. to George M. Emmerich
and Hermann H. Bergman to
secure Wash 6 per cent Perm. B. A.
$4,400.
Sq 210, lot 81?Arthur Browne
et ux, Jan W. to George R. Linkins
and George W. Ltnklns to
secure Anne T. Ryan, l year, 7 per
cent sa. '
Sq 2918. lot 71?Bern Ice L. Miller
to H. H Benjamin and R. K.
Espey to secure Katherlne E. Baltx
$2,325. Monthly payments $ J>er cent.
Sq 3708, lots 69 and 60?WallerS.
Brown, et ux. Ellen to Wm. S.
Qulnter and S. R. Norman t_o secure
Guaranty Trust Co $1,743.14.
Monthly payments 6 per cent.
Sq 4244, lot SS?Herman V.
Schmltt to Wm. S. Qulnter and S.
R. Norman to secure Harold C. Kenney
$696.37. Monthly payments 5 per
cent.
Sq 3533. lot 150?George M. ane
Blanche W. Hulse to Washington
Loan and Trust Co. to secure Equitable
Co-op. B. A. $2,000.
So 111, pt lot 11?Sarah Emery ,
to Wash. Loan and Trust Co., to
secure Equitable Co-op. B. A., $3,500.
Sq 112. lot 181?Helen Branche
to same to secure same $t,200.
Sq 132, pt lots 84 and 85?Francis
M. Sullivan to Chas. S. Shreve
and John B. Howard to secure Wm.
W. Stewart $2,600. 3 years 7 per
cent sa.
Sq 4315, lot *04?Albert H. Engelbrecht
et ux, Haxel R.. to Lawrence
J. Mills and Francis L. Neubeck to
secure International Exchange Bank
$2,500, three years 7 per cent sa
Same to Frank J. McCarthy and
Vincent L. Toomey to secure James;
A. and Mary C. McCarthy. $3,000.
J monthly, payments G per cent.
Sq 3126. lot 64?Andrew C. Plant ,
et ux, Graele M., to Washington
Loan and Trust Company to secure
Equitable Co-operative B. A.
$3,900.
Sq 2930, lot 44?William H. Dyer
to Herbert T. Shannon and Morton
J. I.uchs to secure Linda Coburn.
$6,500. three years 7 per cent sa.
I Same to Harry B. Pitts and
Syvlan J. Luchs to secure Herbert
T. Shannon and Morton J. Luchs.
| $4,200, monthly, payments 6 per
cent.
I Sq 162. lot 70?Bertie L. Puckett
to Harry S. Welch and C. Burton
Rodrick to secure Bessie B. Welch.
$2,250, monthly, payments 7 per
cent.
I Sq 1921. lot 12 and part lot 13?
| Frank M. Surface et ux, Anna B..
I to Herbert T. Shannon and Morton
J, Luchs, to secure Furnifold M.
Simmons, $6,000. monthly payments
6 per cent.
Sq 337. lot 25?George W. Turner
I et ux, Mary L.. to Louis R- Peak
| and Watson P. Clark to secure M
I M. Marr, $2,250. three years. 7 per
I cent sa.
( Same to Washington Loan and
Trust Company to secure Frank U
Martin. $1,750. monthly payments 6
per cent.
Sq 476. lot 15?Mary Nichols to
I Henry S. Heine and Edward L
Scott to secure Frederick W. Heine
$1,900," monthly payments -7 per
cent. '
Sq S221. lots 804. 805, 806 and 807. ;
sq 52$0 lot% 1, 2 and 3. sq 5203. lots
if and 12, sq 52p5. lots 9, 10. 11. j
12, 13. 14 and 15?Myron M. Michael !
to W. Edgar Leedy and Pauline M. I
Klnsolvlng to secure William H. j
Michael. $500. two to eleven months, j
7 per cent.
Sq 2$6. lbt 65?Myron M. Michael I
to W. Edgar Leedy and Washing- j
ton A. Whaley, to secure Walter M. !
King $503.45, monthly payments 6
per cent.
Sq 3106, lot 32?Joseph Spano et
ux. Maude M., to Frank M. Johnson
and George P. Newton, to secure
John B. Flynn et ux. Margaret. $1.750,
monthly payments 6 per cent.
Sq 487, part original lot 10?ijollie
M. Miller to W. Edgar Leedy and
E. M. Peterson,' to secure John M.
'Ring $2,500. monthly payments C
per cent,
Sq 767, lot 10?Silas Campbell and
Eliza Scott to George R. Repettl
and John H. Payne, to secure Morris
Leevnthal $500, monthly payments
6 per cent.
Sq 920. part lots 11 and 12-?John
Bonaccorsy et ux. Marietta, to G.
Percy McGlue and Howard Moran.
to secure Margaret M. Murray $1.500,
1, 2 and S years. 7% sa
' Sq 4062, lots 14 to 1??Allen H.
Rogers and John R. Rogers to JS.
Gruver and S. 8. Carroll, to secure
Marie C. Rogers" 1600. 1 year.
7% sa.
Sq 2563, lot 65?Libbie Kraft to
Gabriel B. Likens and Samuel V.
Gosock, to secure Harvey L. Akers
et ux, Ida L., $3,000, monthly payments
6 per cent.
Sq 2090, lot 1 and part lot 2?
Wm. C. and Allison N. Miller to B.
Francis Saul and J. Wrlley Jacobs.
secure T. Earl Cox $10,000, 3
years, 7% sa.
Uniontown, lot SIS?Fortunato
Gluffre et ux, Maria to John R.
Pyles and Leroy W. Brashears. to
secure Msry C. Pyles $250. 1 year,
sa.
Sn 3232, lot 40?Royal Bartlett et
Ux. Sarih E., to Benjamin S. Minor
and Hugh B Rowland, to secure
Ernest Gerstenberg 15.000. 5 years.
?% sa.
Same to same, to secure same
$6,600, monthly navment* 6 per cent.
8q 2957, lot 105?Ernest .1 Coring,
et tlx. Martha H.. -to Hugh A.
Thrift and J. s Gr-iver. to secure
Benjamin H Oruver $5,250. monthly
psrments T percent.
So M. orlg lots SI and 26?Thomas
A. Thearer to Samuel A. Prury and
James R. Nicholson to secure I^ee
Brown $1,100, S years. T per cent s. a.
Hp S41. lot "A"?Chas. C. James and
Ctaud Livingston and H. Clifford
Bungs to seenre Michel Picillo and
Maria Plellto 11.100, 4 years, 7 per
cent a. a.
Same to same to aecare same 1700
-
FAILURES
BUMES FEDERAL
RESERVE FOR BAD
CREDIT CONDITIONS
__'
Banks Profiteer With Iti
Full Knowledge, Says
W. C. Duranlj. >
ALL BUSINESS HURT
Auto Executive Believes Dis
count Rate Should Be
3 Per Cent.
"Profiteering; In money," carried oi
with the full knowledge of the Fed
eral Reserve Bank, is responsible fo
present business conditions in th
opinion of W. C. Durant. president o
Durant Motors. Inc. Mrv Duran
charges that the Federal Reserr
Bank is permitting the assessment o
outrageous commissions and bonuse
against solvent concerns for the us
of money to carry them through th
readjustment period.
This" statement was made in answe
to the query, "What is the matte
with business and what Is the remedy?
asked him by a financial writer. Th
remedy, he suggests. Is that mone
and credit for legitimate business b
made available immediately in gener
ous measure, and that the discour
rate of the Federal Reserve Bank b
reduced to 3 per cent The statemen
follows: ,
"There are many contributory causei
but the trouble, and we are in rea
trouble. Is largely financial. Regard
less of reports to the contrary an
cheering articles appearing regulail
in print, business is not good.
"The bankers of the country hav
for months past been in a "state o
mind," the attitude of the Federal R<
serve Batik, with respect to discoun
rates and extension of credits, beln
very largely responsible for it. W
have for months past been enjoy
*ng (?) a "bsnkers' panic" and untl
this panic has run Its course nothin
that the business men of the countr
can do or say will improve the situa
tion.
"Our merchants and manufacturer
who are today struggling with *th
problems incident to this trying perio
of readjustment need enOouragemer
and fair treatment, and the banker
who hold the key to the sltuatio
should and must take the initiative.
VWe cannot hope for better time
until money for legitimate businesi
not speculative purposes, can be ot
talned at reasonable rates and credit
where properly safeguarded, is avail
able in generous measure.
"The Federal Reserve Bank at thi
critical time Should encourage, rathe
than discourage, the extension o
credit and should reduce its d!scoun
rate to 2 per cent. Quick. decislv<
rcjurageons action on the part of th
Federal Reserve Bank would, in m;
opinion, very materially improve th
situation, would hearten our bustnes
men and set in motion the wheels o
commerce and industry.
"For the purpose of relieving th
pressure in times of stress and pre
venting n oney panics, the governmen
created the Federal Reserve Bank. I
is a well known fact that high grad?
progressive, solvent concerns In nee
of money to carry them through th
readjustment period have been pavin>
most outrageous commissions am
bonuses for the accommodation <i!
some cases the frms have been almos
confiscatory), while the Federal Rt!
serve Bank, with full knowledge
stands idly by and permits this out
rageous profiteering to continue.
"The Federal Reserve Rank has th
power to stop profiteering in mone?
and its failure to do so is very large];
responsible for the general buslnes
paralysis, the surrender of many o
our splendid industrial institutions ti
the greedy money vultures resultiitj
in the present conditions of discontent
unrest, and its resultant vast army o
unemployed."
METAL MARKET.
NEW YORK. Oct. 5.?A furthe
decline of 15s is reported In Lon
don tin prices, with spot quoted
(153 15s. and futures at ?167 15s
sales. *0 tons jind 420 tons. Spo
standard copper is 15s highar at ?6
7s 6d. and futures 15s hifrher at ?7
5s: sales 250 tons and 1.000 tons
Electrolytic is 10? higher at ?13 10.
Spot lead is unchanged at ?23 5
and spelter 5s higher at ?26 16s.
4 years, fi per cent a. a.
Sq 373. part lots 17 and 18?Josep
A. High et al to C. C. Murray and H
Rozier Dalony, jr.. to secure John W
Barday $20,000. 2 years. 6 per cei
s. a.
Same to George L. Bunnell and I
Marbury Stamp to secure Percy h
Russell $5,500. monthly payments,
per cent s. a.
Sq 3521). lot 88?George Hasaelbalr
et ux. Mary, to Harrey M. Sag*
and Myrlam A. Dolan. to secure Bei
nlna M. '5lover $4,550, monthly paj
ments. 7 per cent
Sq 3015. lot 51?Carl C. Redingc
et ux. Florence B., to James F. She
and George 1 Borger to secure Mar
J. Breen 84.150. 3 years. 7 per cent s. <
Sq 3015, lot 51?Same to Clarenc
T Oessford and Walter G. Davis t
sccure George C Pimphrey and Floy
E. Davis 12,800, monthly payment
7 per cent.
Eslin estate, lot 639. Amourette MH
ler to Harry S. Welch and C. Bart '
Rodrick to. secure 1 Bessie B. Welcl
monthly payments, 7 per cent
Sq 924. lot 42?Rudolph H. I
Duehring et ux, Katie V.. to Erne.I..
Schmidt and George M. Etnmerlc
to secure American B. A. 84,500.
Same to Milburn J. and James )
Donohoe to. secure Lloyd R. and Ec
ward R. Duehring $800, S years, t p?
cent s. a.
Sq 1032, lot 60?Louise Harris t
National Savings A Trust Co. to s.
rure American Security & Trust C<
$1,800. mon'hly payments. 7 per cen
Sq 331 J, lot 12 J?Kenneth M. {
Johnson et ux. Jane M.. to Geo re
M Emmerich & Hermann H. Bern
mann, to secure Wash 6 per cen
Penn B A, $4,200.
Sq 1604. lot 1$4?Chaa. A. Klin
et ux. Emm* D.. to Arthur Carr 1
Marvin A. CaaUa, to secure Perp 1
A. $4,000.
Sq 108?. lot J7?Lena Ctianey t
National Savings A Tr Co, to ae
cure American Security * Trust C<
$1..200. monthly payments. 7 par cenl
Sq 3313, lot 123?Kenneth M. S
Johnson et ux. Jane M.. to Walte
A. Dtinlgan * John A. McCarthj
to sccurc David J. Dunlgan $414.51
monthly payment*. 6 per cent,
Sq 58?, ortg lot 22?Chaa. A. Rid
die to Edmond Pltsgerald * Wra
P. Normoyle. to secure Enteeprla
Serial B A. I4.1M
4 A. - .... ^
mm
. AboutYo
t
> lilt N*n(al? b b Rich?
! b h 1
5 How the Ted
In Justice to yourself and your I
1 loved ones you thou Id know the j
1 truth about your blood?for who !
: knows at what time he or she will
V, be called upon to stand this test?
Ask yourself these simple ques1
tlons: Do I feel tired when I get
up !n the morning? Am I all
fagged out ?t night? Is my face
pale and drawn? Do I suffer with
I pains In my muscles and joints?
i Am I subject to any skin disease?
| Have 1 any pimples or bolls?
n, Nature la warnlag you. If your
answer to any of these question*
: is "Yes." Nature now needs help.
ri She has done her best, but Is fall*
? In*.
f Listen to nature's warning.
t Your blood Is your fountain
source of energy?therefore keep
s i your blood rich and pure,
f Our greatest health asset Is to
_ have blood which is pure and 4
clean ? blood which Is free of
e wsste product*.
e
r ??
' ^ EDUCA
y
11 ??????????????
- I RAG(.?JAZZ PI A WO PLATI5KG
it | Positively taught beginaera Is 30 Icaaaas.
j Advanced courm? for Piayera. Booklet aeat
it free*
11 CHRIS TENSEN SCHOOL OF POPULAR
MUSIC
I. j 2601 11th at. Phone Columbia 8123
j
I* School of Coanerrt nnd Plaaaea
?"j ST. JOHN'S COLLEGE
>' j 1S11 Mas*. Ave. X. W. M. 7304.
Row OpfB. Regiater fc'ow.
'SPANISH w ashi\"TO >
it
1 Ptofa. frosa Spain?Coa re national Method,
g ltapid Progrca 1315 17 F at. aw U
e j . ? |
,;! THE MISSES EASTMAN'S
g SCHOOL
y ! 17TH. CORNER MASS ATT.
1 23RD YEAR.
Higfc tohoal Dept. Sew Opaa.
1 Intermediate and Primary Departmenta
How Open.
^ Send for Catalog Phone Frank. 42M
? Sidwell's Friends School
1811 Eye St. *. W.
? For Boys and Girfi
39th Year
hiropractic
I ^ Comp'ete conrae. Evening
' rlaaae*. C-10 p. m. Prospective
etodeata Invited to attend lecture*
e and clialra.
y j Catalog nailed oo reqneat. Addreaa:
ej Riley School of Chiropractic
5 1 1110 F St. Wanhiaaton. II. C.
j K.ofC.
EVENING SCHOOL
2 1004 F St. and 1311 Mast. Are.
5 Registration open for entrance
In Elementary. High School. College
n and Commerclsl Departmenta Tuit
tlon free to ex-service men and
_ women.
Research University
Fall Quarter Now Opes
V I ISO Kveaiag Sabjeeia
s i Call Mala 5W for Cataieg
f j 30 Jacknoa Place
Faring Lafayette Square and
White Hoaae
Register Thla Week.
f
NATIONAL SCHOOL
FINE AND APPLIED ART
FKL1X 111UONY. Mrector
[ Ridiculed at Coon. Ava. at M.
t ] Phone Main 1766
i; I Day aad Eveaiag Clanaea
t| Cklldrea'a Saturday Clnaa
9 Interior Decoration. Coatune Dealgn. Texp
Ola Dealgn. Color, c-ommerrlal Drawing.
Life. Sketch Painting and Modeling Cieaaea
Honra *??r K*gtMrat.--a. 11 to I 4 U I
' I dally. School bow opea.
CORPORATION
-ACCOUNTING
A course treating in a practical
it way. the difficult ana Interesting
accounting problems of the modL
era large-scalo business organ iraI
tlon?part of the *?ofessional edu*
catlonal program of 4
h THE NAI10NAL
I SCHOOL OF COMMERCE
,J Edwin C. Bosworth, Preudent
J 1009-11 International Building
I (319-21 F St N.W. Phone M. 5666
*
j George Washington
University
n Chartered by Act of Congreas la
* 1821?Co-ed ucatlonal
?. I Sennloa In all Orpartueata
tf ! Kow Opea
h | Offers graduate and undergraduate
Instruction In
1-; Liberal Arts Engineering Law
* Architecture Medicine
o Education Pkamacy
e- In addition to claaaes during lk<
j forenoon and early afternoon. o*.r
two hundred cla.Vsee In college. ?n.
Klneertng and legal aubjecta are
' held in the late afternoon between
e five-ten and eli-flfty
For catilota and other Informait
tton apply to
The Registrar, Llaaer Ball
J S?xa ti Street Kerthwew)
B TiltftMt Weai iMt.
Use Herah
:j Ads F01
v -
fouKnow
ur Blood?
It h Fne of WmU PrafectiT
>Ut E? HmU.
For ?v?r l? yaarm thousand,
and thounndi of torn and moirvn
have rolled on 8. a. s to clesr
their bloo'l i.f wants nrodurU
8. 8. 8 will Improve the quality of
your blood by relieving >'o? of tht
watte product* which caust Impoverished
blood and Ita allied ,
trouble*?akin dlaordera. rheumatism
and a lowered vitality.
The same qualities which rive
S. 8. &. Its beneficial effect in
clearing your blood of wasu products
make It extremely desirable
for keeping your blood in gocu
condition.
Get 8. 8. 8. at your druegln
Beware of subatitutes Writ*
Chief Medical Director. Swift Specific
Co . D-717 S. s S LAborat orv
Atlanta, Oa, for special modicn
advice (without charge). He Is
helping people every dav Ask
him to aend you his Illustrated
booklet. "Facts About the Blood ?
free. 8. 8. 8. Is sold by all drurgists?Adv.
T10NAL ~
FILING?A Paying Vocation
Call. teUpfcsas Ksls ITlt
| Standard KekM) of rills, sad lsttxu.
GisW-W.rmic*. Cempsay, ltH-lm T it aw,
Lncu Gtie-Barber School
I Bay sad Board tat-ail
I csrteo te Higta Srbou: Ebrtunk U?slit,
| Traising.
| Spsstal?Katie, Literature, rren.e Span
I tsli, Handwork?Norma, rliisft Ita; asd
j Eresiat rliHci Is Rhythmic Trilslaf
Marj Gale I?arta. V D M . Pria r;or?a~.
restoa. Asslatsst. 1814-16 Bells ost kosd.
Phone Col 7*7?
YMCfl SCHOOLS
Ca-sdacstisaal?SSlt Itadssta last Tssr.
iooouataaer School | Draftiac School
*aw (Bar Couroo Automotive School
Commercial School Employod Ber.
rreparaUir School Bor> Day School
Call ar Addrsaa 1736 6 aw Male MX
For Students and Little Students
Artist Pupils and Beginners
Hendley-Ktspar School
?of?
Musical Education
1858 Kalorama Road
Lucia M. Hendlcv
Henry R. Kaspar
Principal and Musical Director
Catalogue on Request to '
Secretary
Telephone Cot 684s
WOOD'S SCHOOL
311 EAST CAPITOL ST.
All Commercial BRANCHES
One month, day. $15. evening. I
$8. After 7 monthly payment*
t the next S months are free A
years scholarship costs SVll a
I month, day session, or 14.1" a
month, evening session Evening
sessions are Monday and Thursdsy
from 6:30 to 9:80
LINCOLN 38 37tfc YEAR
"MISS WASHINGTON"
MIm Margaret <>ormtn
??nder the direction of Mr O'Connor. ;
i* now reb*-*r?.icf her play. "The Pnrf
Winner." to b* pmntnl thi* tmoo bt
the O'Coanor Pliyrn; Miaa ???.rm*n hitin*
enrolled a* a pupil in th* !>? tK I
department of the
O'CONNOR SCHOOL OF
THE SPOKEN WORD
*lll> Bid*.. 17th and Peaaa.
Ave. X. W.
$15,000 Per Year '
CHIROPRACTORS
WANTED EVERYWHERE
Ton Can Dc the 6*ma or BetfWI
TBAIX TOU m A SHGBT TIKI
PALMER METHOD
(Palmar Textbooks u**d >
Halo and Female Students
Connion School Educatloa Saffi-'Tt
J DEGUELS Ikartvra. Master ami I t
oao:?ner of Chiropractic
Low Tuition Bate
Monthly Payments If Doal rd
Day ar Erecin* Claatr<
Call, ^one or writ a for furiher i?
| formation?today
Etui School of Chiropractic
(Chartered*
If 14TH ST. mr
Orioa of t>a Deaa Boom 91
Phono Main MM
-
LAW SCHOOL
OF
THE RATIONAL IKIOSITY
Co-Kducational
(Incorporated by Special Act of
Congress.)
Fifty-third Tear
NOW OPEN
Classes ?:*# to t Each Evn.ne
Standard course leading to
degrees of LLB: Ll^i! *"<5
M.P.L. and qualifying to sdmsaion
to examination to the Bar
Students by Intensive staiy
may complete the ma\i?r.-m
work offered In shorter time
For catalogue or other information.
apply National Cnivers
Ity Law Building. HS-llth Street
N. W. Telephone Main t>t*i7 and
Franklin XS09
I
"
1 Classified
* Results
"
