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Evening star. [volume] (Washington, D.C.) 1854-1972, February 23, 1907, Image 11

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TALK ABOUT BANKS
Rumor of New National Institution
to Be Started.
THE DOWNTOWN SECTION
Clearing House and an Effort to Herniate
Honrs.
GREATER. UNIFORMITY THE AIM
, It is Asserted That the Banking Say
is. According to Current Practice,
Not Fixed.
Thpre is a good deal of interest shown
In financial circles over a rumor that has
9 been going- about for some days past to tne
effect that an effort Is being made to organize
a new national bank In tliia city.
According to the common report this movement
is centered about Mr. George C. Henning.
who was formerly the president of
the Traders' Bank, and is now connected
with the Washington Safe Deposit Company.
91? Pennsylvania avenue.
It is said In the event this movement mam
tures that the new institution will be located
in the building of that company. One
Ol the ft-atures or the new enterprise, according
to the story which Is afloat, is
that of a night bank.
This rumor of the proposed addition to
the number of financial institutions whose
hours are different from the generally accepted
hours of banking has led to a good
deal of discussion among financial men as
to whether some attempt ought not be
made to have uniformity in regard to banking
hours in this city. There is at present
only one bank which might be called a
night hank, and that one has a contlnuuous
banking day from the opening hour In the
morning until 12 o'clock at night. In the
ca.se of all the national banks and trust
companies of the city the banking hours
observed by them are from 9:30 to 3 o'clock
each week day and 12 o'clock on Saturday,
but nearly all of them on Ave days of the
month following the two pay days of the
government keep open their Institutions
until 5 o'clock.
Further Deviation.
In recent days there has been still a
further deviation from this general custom.
and this has been due to the savings
Ko"L'a <-?? ooviniro d^rvortmAntH nf national
banks. In the case of the latter the hours
are quite irregular, and In nearly all Instances
they remain open until 9 or 10
o'clock every Saturday night, and perhaps
. there are one or two that prolong the banking
hours on other days of the week. At
any rate. It is recognized that there is no
uniformity In the matter, and with the view
of bringing this about it is understood that
the matter is to be taken up by the clearing
house.
In Baltimore quite recently the clearing
house issued an order in regard to banking
Hours in that city wmcn resulted m putting
out of business the night service I
which one of the national banks had established.
As a result there Is no night bank
now In that city. While the clearing
house In this city is confined in its membership
to the national banks, yet all of
the trust companies and savings banks In
the city clear through that institution by
the medium of one of the members. It
would be possible, of course, for the clear.
lng house to enforce any regulation that
ft might see fit to adopt on institutions
which are now members by simply refusing
vwu.a t?WM V?l\<vn>7- XI IO itv/t O U P^UOCU, I
of course, that the clearing hcuse Intends 1
to pursue any arbitrary policy, but Its I
powers are simply mentioned as showing |
, that It has some jurisdiction in the matter.
It Is not known, of course, what action
the clearing hou* will take, but if it
should decide upon a general schedule of
banking hours from 9:30 to 3 o'clock, except
on the five days of the month, it would
quite seriously curtail the banking hours I
that are nnw nh-u*?rv#*rl hv vapinnu inctitn. I
tlons in the city.
REPORT OF W. D. FOULKE.
Investigation Into Affairs of the Five
- Tribes.
The Senate committee on Indian affairs
has received from the Secretary of the Interior
a copy of the report of William D.
Foulke. a special Inspector in the Indian
service, who investigated charges against
"William O. Beall. seoretarv tn the
Bloner having In charge the affairs of the
Five Civilized Tribes. Mr. Foulke claimed
that Beall was guilty of improprieties in
accepting employment from the firm Of
Mansfield. McMurray & Cornish, attorneys
I for the Choctaw and Chickasaw nations.
Beail was charged with helping to prepare
'briefs in there cases and then advising the
commissioner as to the decisions that
should be given, and even in some cases
ftp tino- n u ^>AmmloolAno?? >*1
unu uct-iuiug mem
himself.
Jlr Foulke recommended to the Department
of the Interior that Beall be separated
in the future from the determination
of any such cas?es as completely "as if he
were no longer living."
The charges brought against Beall reflected
also upon Tains Bixby, the commisnloner
of the Five Civilized Tribes, but the
Investigation did not go into these charges.
The report declared, however, that Mr.
Bixby did not appear to be as familiar as
hh snouia De wan the proceedings before
the commission.
FREEZE HAMPERS FIREMEN.
Four Blocks In Maine Town Wiped
Out by Flames.
DEXTER. Me., February 23.?With the
temperature several degrees below zero and
with no other fire-fighting apparatus than
host- ami hydrants, the citizens of this town
early today fought a disastrous blaze that
started in a nest of wooden buildings in the
business section, and by heroic work confined
the loss to four large three-story
wooden blocks, at a loss of about $00,000.
neven uusiness nrms were Durned out and
* four families were driven out into the bitter
cold The tlames, fanned by a strong northwest
wind, threatened the entire town and
help was called from Bangor and Waterville.
Owing to track conditions the Bangor |
engine could not get through, and the Wat- j
crville sleamer did not arrive until after
p the townspeople had gotten the tire under
control.
FOKEIGN BANKS.
LONDON. February 23.?Bullion amounting
to ?13.000 was taken into the Bank of
Knglaml today and ?200,000 was withdrawn
for shipment to any point.
PARIS. February 23.?Three per cent
rentes. Ii5 franca 77H centimes for the acm
lint r ??? ?
*.?>?"? ?'-?v un lAfimuu, ) intllCS
Centimes for checks.
Shot and Bobbed
At'GI'STA, Ga., February 23.?Ames
Clark, superintendent of the Nixon Manu- ,
facturinK Company, was shot and robb?d
of *? *? today while on his way to pay off
tits men. He was hurried to a hospital,
where it is said his wounds are fatal.
Bishop Dickson Bead.
CHAMBERSBCRG, Pa.. February 23.Rrv
John Dickson, (or many years a bishop
In the I'nited Brethren Church, died last
night at his home here. In his 88th year.
iir n a1* uiuAiiiru tk niMiiry ill iimu l?y msnop
Erh Mrs Madjfp Mateer. a missionary In
China, and Rev. William A. Dickson of
DUlsburg. Pa., are among the surviving;
children
PROBE FORHARRIMAN
Government Inquiry Into Examples
of High Finance.
CONTROL OF RAILROADS
Conference of Attorneys for the Interstate
Commerce Commission.
UJUON JfAUUlU STUUJ&.
Investigation to Begin Monday?Controller
of the Chicago and Alton
Summoned as a Witness.
NEW YORK, February 23.?W. B. Kellogg
and C. A. Severance of St. Paul, attorneys
for the interstate commerce com
mission, wmcn meets nere on aionaay, in
the course of a long conference at the
Waldorf yesterday made additional preparations
for a second excursion to that upper
world of finance where, so William Nelson
Cromwell said, E. H. Harriman dwells and
which the ordinary stockholder may not enter.
There participated in the conference a
number of men well informed regarding
various financial transactions of the Harriman
party.
Neither of the attorneys would impart
any Information regarding the matters dls
cussed at the conference, taking the position
that any outline of their investigations
would obviously forewarn those about to
be investigated.
There are excellent reasons for believing,
however, that the commissioners and their
attorneys consider that they have gone as
far as is necessary into questions of traffic
competition, and that the investigation to
be begun on Monday will for the most part
consist of delving Into the financial operations
of Mr. Harriman and his associates
In connection with Union Pacific finances.
Power of the Commission.
Just how much power the commission has
in the way of inquiring into stock market
transactions has been one of the perplexing
Questions kItipa thp invp?t!prnHnn hpcan Tt
has been granted that the commission's inquisitorial
powers are very broad, but there
has been a difference of opinion as to
whether or not the commission could look
Into, for instance, such instances of stock
jobbing as the reported market operations
of the directors in the Union and
Southern Pacific dividend scandals of last
August.
"The commission can Investigate anything
at all which In any way affects interstate
commerce," said a man well informed
on the subject yesterday. "In the case of
Mr. Harrlman it would not, of course, attempt
to learn anything regarding his private
speculations in stocks not connected
with the Union Pacific in any way, but if
there is any connection, however indirect
between his market speculations and the
management of the railroads he controls
the commission has a perfect right to find
out about them. It has a right to know
whether money has been loaned by the
Union Pacific to any of the directors or
persons acting in their behalf; whether they
have used money of the Union Pacific or"
any of Its subsidiaries to purchase stocks
which later they sold to the Union Pacific
at a higher price, and generally whether the
heavy stock operations of the Harriman
party have been conducted for the purpose
of railroad development or of stock market
manipulation."
Bock Island and Union Pacific.
It became known yesterday that C. W.
Milliard, controller of the Chicago and
Alton, had been subpoenaed to testify before
the commission. This was taken
as indicating that there would be a rieor
ous investigation of the management of the
Alton by the Union Pacific. Mr. Hilllard
19 i : i.uiclHl of t..f it c . ian >. u i le
into control of the Alton last fall under the
well-known agreement for successive management
of that road by the Union Pacific
and Rock Island. Mr. Iiilliard succeeded,
<1 . t r. v 1 .anl,
who is controller of the Union Pacific.
in one of the early sessions of ine commission
Mr. Mahl testified to the fact of
the agreemeitf between the Union Pacific
and Rock Island, but answered further
questions regarding the relations between
the two roads by saying that the books
had Dassed out of his hands and he ronlil
not reply without reference to them. Mr.
Hilliard is expected to produce the books
and show for the first time in just what
shape the Union Pacific turned over the
road to the Rock Island.
For many weeks there have been persistent
rumors of sensational developments
regarding the Alton, and recently
these rumors have gained greater credence
despite an extreme taciturnity regarding
them on the part of the Rock Island party. J
"We have nothing to say on the matter,"
one of the prominent members of the Rock
Island group said last week. "Whatever
comes out will have to come out through
the commission."
Alton's Increase of Car>ital.
It has been assumed in some quarters
that the principal matter of investigation
regarding the Alton would be the increase
Of capitalization from $21,000,000 to $132.000,000,
with no increase of mileage, and
the old charge that a syndicate formed by
E. H. Harrlman and Kuhn, Loeb & Co.
pocketed some $7,000,000 by buying bonds
at C5 which they sold to the New York
Life Insurance Company and others at 06
or thereabouts. This was in 1890 and ascertainment
of the truth or falsity of the
charge is, no doubt, considered r. pertinent
matter by the commission.
But if reports regarding the i lanagement
( of the Alton by the Harriman party are
to be believed there are many other things
which Mr. Harriman and his associates
will have difficulty in explaining. Not only,
it is .said, has the road been harmed by
overcapitalization and the Improper sale
of bonds, but especially since the Rock
Island acquired an equal interest in it the
policy of the Union Pacific party has been
detrimental to the Alton. This policy, it is
said, has been manifest in traffic arrangements
between the Alton and other Harriman
lines, to the great advantage of the
latter, in failure to keep up the equipment
and general maintenance of Tie road and in
letting it run aown in various ways despite
the large sums received from the sale of
securities. _
SULTAN MAKES PROMISE.
Minister Leishman Urges Settlement
of Claims at Constantinople.
CONSTANTINOPLE. February 23.?The
American minister, Mr. Lelshman, had an
audience of an hour with the sultan yesterday,
during which the ambassador fully
explained the views of the t State Department
on the schools and other pending
questions, emphasizing the necessity for a
prompt settlement.
As a result of the conference the sultan,*
who evinced much interest in Mr. Leish
man 8 reciuu 01 me ouuirucuve tactics or
tome of those with whom he had been negotiating.
promised to Instruct the grand
vi*ler to take up Immediately the questions
referred to by the ambassador with the
view of arriving at a DromDt solution of the
difficulties. The sultan looked extremely
well and was In good spirits.
telegraphic beliefs.
ROME. February 23.?The retiring American
ambassador, Henry White, is making
nronn ratinna to Iftftvft Hnma *?-?? Do*le
where he is to succeed Robert S. McCornilck
Mr. White went today to the famous
Benedictine Abbey of Monte Cassino, province
of Caserta. where Father Boniface
Krug. formerly of 8t. Vincent's Abbey at
Beatty, Pa., is the abbot.
MADRID. February 23,-WUllam M. Colli?r
thA AmeriCfln mlwlafar h?ro a
1 brilliant reception to the American colony '
here yesterday on the occasion of Washington's
birthday.
LOCAL FINANCIAL NEWS.
The president of the Washington Ex- ,
change Bank, Mr. E. Quincy Smith, was
asked by a representative of The Star about
the results of the experiment" of a night
bank In this city, which be is now making.
In renlv Mr. Smith nnirl:
"On March 10 we shall have been running
the Washington Exchange Bank as a
day and night bank for three months. It
has evidently been a great convenience to
many people, because we have opened a
considerable number of new accounts, but
the accounts have been small and have
averaged less than $50?that is, they have
been so small that most national banks
would not care for them, and probably
two-thirds of them belong to people who
had never before had checking accounts.
nowever, ux deposits m me muaiuiwu
Exchange Bank were about (240,000 when i
we went into our new building, and they
are now $290,000, so that there has been a
gain in total deposits.
"Just after the closing of government of- I
flee hours we are usually pretty busy, and
from 6 to 8 we do fairly well. From 8
to 10 there is little doing, and after 10
o'clock practically nothing. It is my impression
that in the spring, beginning perhaps
April 1, we shall close the bank at
10 p.m. Instead of keeping open until 12.
Our main business after 3 o'clock is re
ceiviof small accounts turn wwtuuau;
cashing a check, but practically nothing
else in the way of banking is done, and. according
to my recollection, we have never
but once been asked for a discount at
night."
Today's Government Receipts.
National bank notes received today for
redemption, $1,061,759. Government receipts:
Prom Internal revenue, $1,706,006; customs,
91,680,272; miscellaneous, $170,921. Expenditures,
$2,140,000.
CHICAGO GRAHT.
CHICAGO, February 23.?The wheat
market was strong at the opening, Mayopened
M to % higher and sold at 77%&77%.
Corn was active and strong. May opened
ftaHhlgher an(j sold at 47%.
Oats were strong and fairly active. May
at a41%.
Provisions were quiet and steady. May i
pork opened unchanged at 16.70, lard at 9.75
and ribs at 9.27%.
The wheat market continued to Brain in
strength and May sold up to 78%. The close
was strong with May up %a% at 78a78%.
Corn prices held strong until the cloee.
The high point for May was 47?fca47%, and
the close 4734.
Liverpool Wheat.
LIVERPOOL, February 28,-Closlng:
Wheat, spot, strong; No. 2 red western
winter, ,6s. 2d.; futures, Arm; March,
6s. 6%d.; May, 6s. 5%d.; July, 6s. 2%d.;
Corn, spot, steady; American mixed new,
4s. 6d.; do. old, 4s. 7Hd.; futures, firm;
March, 4s. 5%d.; May. 4s. 5\d.
Liverpool Cotton.
LIVERPOOL, February 23.?Cotton, spot,
moderate business done; prices unchanged;
American middling fair, 6.85; good middling,
6.39; middling, 6.03; low middling,
5.71; good ordinary, 5.23; ordinary, 4.99.
The sales of the day were 6,000 bales, of
which 500 were for speculation and export,
and Included 5,300 American. Receipts,
87,000 bales, including 82,100 American.
Futures opened quiet and steady, and closed
steady. February, 5.68*4; February and
March, 5.63; March and April, 5.61H^ April
nnH Mav r? Mav and June fi.fiSJV.: June
and July, 5.58%; July and August, 5.57;
August and September, 5.53; September and
October, 5.51ft; October and November,
5.47ft; November and December, 5.47; December
and January, 5.47; January and
February, 5.47ft.
THE BALTIMORE MAKKETS.
Special Dispatch to The Star.
BALTIMORE. Md? February 23.?WHEAT?
Firm; spot, contract, 7714*78; spot, No. 2 red
western. ?9%a80; February. 77%a78; March, 78%a
7?V4; May, 80%; steamer No. 2 red. 73U,a73%; re-*
oelpts, 54.294 bushels; southern by sample, 60a75;
southern on grade, 73%a78.
: CORN-Strong; spot, 51a51%: February, 51aolV?;
March, 51a51Vi; April. 51%a5H4; May. B2u52t*;
steamer mixed, 48%a49; receipts, 380,034 bushels;
exports. 729,084 bushels; southern white corn,
49<4aMtt; southern yellow corn, 4S%a503i.
OATS?Firmer; N<>. 2 white. 46v.a46)4; No. 3
white. 45V4a445; No. 2 mixed, 44}4a45; receipts,
ft QfUk Kiiflhplfl
BYE?Firm; No. 2 western, domestic, 71a72;
choice, 75a?6; receipts, 3,171 bushels.
HAY?Quiet, unchanged.
GRAIN FREIGHTS?Finn, unchanged.
Gold for India.
LONDON, February 23.?The Indian secretary
today purchased $250,000 in gold due
j here March 16.
The London Market.
LONDON, February 23.?Because of the
holiday in New York yesterday the movement
of American securities on the London
stock exchange today was narrow and
dull. The close was dull.
BASSETT CASE.
I Washington Decree Admitted in Omaha
Case.
Special Dispatch to The Star.
OMAHA, Neb.,% February 23.?Mrs. Fannie
Rice Bassett won another victory this
morning in her divorce case against Chas.
C. Bassett of Washington, when Judge
Redick overruled a motion of the aefense to
dismiss the case because of failure to prove
her case, at the same time calling attention
to the fact that more than ten months
elapsed after the separation before the last
child was horn. The defense claimed that
! there was no record in medical practice
where the period of gestation reached 305
i days, as in the Bassett case. Judge Redick
I overruled the reouest and asked for evl.
dence on the matter.
But Mrs. Bassett lost heavily when the
Washington decree was offered and, after
a bitter fight, was admitted as evidence,
with reservations that it was admitted
subject to examination by the court, and
not to be understood as ending the case.
Upon agreement attorneys began argument
on the validity of the Washington decree,
the court announcing that, if the Washington
decree was held valid the Omaha case
would be stopped, as the Washington decree
would have dissolved the Bassett marriage.
FINANCIAL.
wi?i i..H.*H 1111111111; 111:11-:>
:: WHEN YOU f
jj BALANCED ' f
? W/TMI TO O/nv/TfcH/r<0 t
t 11 +
Last were you better
!! off than a year ago !!
|; or did you find a ; [
leakage ?
I! Eachyear you
]; should be a little bet- ;;
ter off?a little more
11 independent. To do 11
j; this you must save? ;;
"! and to keep your '!
\ \ savings intact re- ) |
quires a gooa, sate T
* | depository, such as If
you will find in this ?
bank.
; | Assuring safety to | \
your funds is part of '
I! the good we do? !
pajiug J pvi V.V.111 III- J
terest is more good.
Home Savings Bank,
7th and Mass. Ave. N.W. !!
\; Branches: ;;
7th and H Sts. N.E.,
| 436 7th St. S.W.
" ' Deposits more than a Million '
! and a Half. !!
> fe23-tf
? ! 1 I I It MI ! II ! M +1 1 I'M 1II H
PPTAgCIAL. [
You'll find it!
lent and sa
? o ?
|| Dan Dc wi
and 1
DIRECTORS. This
jj Charles O. Allen, tinilOII*
II Thomas H. Anderson. UUUUUi
Rudolph B. Behrend,
Scott C. Bone, rn T 2
Jacob Elaenmann, *
Henry J. Goodman, .1
Homer Ouerry, lilOrOU
Thomas R. Harney,
Norton M. Lit tie, rva
A M. Lothrop, COITipC
William H. Lynn,
R. B. H. Lyon, ic rnni
Charieg P. Neablt, io
Henry A. Pressey, .1 i
jacuon <1. naiaion, 111C 1IC
I. E. Shoemaker, .
John B. Sleraan. Jr.,
EL Qulncy Smith, UlblllCl
George O. Walson, ,
j. Louis wmige, vnn ha
Charles E. Wood, lla
S. W. Woodward. . l i
this bai
any banking courtesy
I w 6 flu 3 m IE
V y ?*?7imauij^tLvru n ^
710 14th
df!5-8m T7<stah1?li
I Capital.......
Surplus and L
Deposits more
This Bam
Yom tine f
~2 TUTV~ TT ?? .
jrossiiojie HOC
?to become a depositor here,
this institution is conducted i
safety as well as the most sati
No matter what the siz
count may be, it will entitle y<
can consistently offer.
/ -rx T-V
bate Deposit Boxes
OFFICERS.
P. A. Drury President a
F. T. Sanner Vice Pres. ?
w
A. G. Clapham Cashier h
R. E. White... .Asst. Cashier w
National C
1405 G Str
a
ill . i
Head Office: P?int
60 Wall St, New York. ^oSa
? assisl
| Interns
Baekio^Cc
"! ! Fiscal Agents of United States In Chlr
ill 1415 Q Street N. W.
Branch Bank on the main floor ot
the Woodward A Lothrop Store.
Opportunities to make more
money come to those who have
money. You can accumulate money
by depositing part of your earnings
in a savings account with this Bank.
Interest at the rate
of <$70
|i opens * "v~
DIRECTOR*:
Geo. H. Harriet. i- H. Bafeton.
L O. Kimball. John B. Sleman. Jr.,
Winiam B. King. B. Qalncy Smith.
A. M. Lothrop, K- N. Water*.
Tbeo. W. No ye* B. W. Woodward.
(Jnion Savings Bank,
710 14th St.
old location.
fe22 28d
ONE-QL'ABTER PER CENT on the Cocnmoo Capital
Stock of the American Graphophone Co. will
be paid on March 15. 1D0T, to atockholdera of
record Much 1. 1807.
By order of the Directors.
EDWARD D. RA8T0N, President.
fe23,27,mM
GREENE CONSOLIDATED COPPER CO.
DIVIDEND NO. 21.
At a meeting of the Board of Directors of the
Greene Colsolidsted Copper Company, held at the
office of the Company, No. 24 Broad Street, New
York, ob Friday, February 15th, 1907, a dividend of
four per cent <45t) was declared opoo the capital
stock of the Company, payable March 25th, 1907, to
stockholders of record on February 28th, 1907.
Transfer Books will close at the rlose of business,
oa Thursday, February 28, 1907, a ad reeoee
so March 11, 1907, at 10 o'clock A.M.
fel6,23,28,St C. D. ERASER, Treasurer.
WK BUT ura INSURANCE POLICIES A WD
pa1 mat* ttaaa tha compaa? taulni tbem; ant
M ami yeara old; no lndn? trial pollciea. TBI
HARBISON UKALTX COMPANY. HOT Q at. a.*.
AMERICAN GRAPHOPHONE COMPANT.
A Quarterly dividend (No. 37) of ONE AND
both comven
itisfactory to
ith this Day
Misrht Bank.
> bank is open consly
from 9:30 a. m.
midnight. It is
ghly equipped and
tently managed. It
leniently located in
art of the financial
: of the citv. When
J
ve an account with
tik you can command
at your convenience.
V/? k(IM A>A 11""^ n M ILr
Street.
~ .
_
led December 14, 1905.
- $300,OCX)
rndivided Profits.. $95,000
than $1,000,000
*"
ik Offers
Strom gest
dlycememits
The principles upon which
nsure the highest degree of
sfactory service,
e or character of your ac- ,
)u to every courtesy that we
for Rent, $3 Year.
DIRECTORS.
"m. A. Blair, H. R. HoventMn,
. O. Clapham, Louts P. Krej,
. A. Prury, M. F. Morris,
. H. Duehajr, 3. A. MaedeL
has. W. Darr, Jan. O'Donnell,
G. Dannlngton, 8. A. Reeves,
enir Erans, Dr. W. L. Robins.
ib. C. Hooe, Franklin T. Sftnner,
rm. A. H11L T. Franklin Schneider.
Charles J. Walker.
'Aty Bank,
eet N. W.
Capital and Surplus, $6,500,000
ptown Branch,
1124 Conn. Ave.
f HIS Corporation transacts
every description of bank'
ing business?domestic and
foreign?and has branches
krer the world.
:erest paid on drawing acts.
and a hicher rate on time
-yians
made on approved colli
and commercial papef disted.
dies' accounts are welcomed
ill are invited to call.
p. NORMAN BESTOR
the nast 16 vears connected
the Riggs Bank?has been aped
assistant manager of the
lecticut Avenue Branch, in astion
with Mr. Murray A. Cobb,
tant manager in charge.
itional
K AOft^/Ov Ita/Ttl 41 S iTk AO
Pli |P"UU SU.lU<U>illl9l|
ia, Philippine Islands and Panama. {
1E24 Conn. Ave.
???????????.I
~
r; ' 'i i.j^l
. (
W. B. Hibbs. Thos. L. Hume. |
LOWEST RATES
OF INTEREST.
MONEY loaned
at lowest rates
of interest on
| all listed secur|
ities to those desiring
to trade on margins. j
W. B. H i bbs & Co.,
r New Tnrfr Stnrtr
Members i Washington Stock Bzcbai>gt
I Chlcifo Board of Trade
1419 F Street N. W.
LETTERS Or CREDIT and
TRAVELERS" CHECKS
trail*Me the world orer.
_ fe23-fO-10
ow iv^rvys i r. aavise investments in
l( III I I fi"4 mortgages on D.
of C. Real Estate on
account of the absolute
security, their profitableness
and the fact that they can always be
promptly realized upon by transfer.
rre can oner jou snca inyescmeniB a
aay amount and without delaj.
The P. H. Smith Co.
(S. Q. Smith. U D. Latimer, a V. Ncsbit).
1408 N. Y. Ave.
taa-tBA
rDTAJCIAL.
Notice of Applies
Notice is hereby given of th
I apply to the Commissioners of
18th day of March, 1907, at 10 o
poration under the provision of
* # . V
I Act to froviae tor tne incorpo
11 and certain other corporations
approved October I, 1890, and <
Code of the District of Columb
ijii The name of the proposed
States Trust Company."
The company is to be organ
Illll eral trust, loan and mortgage bu
A as may be authorized by said Ac
|n! Tne names of the proposed
DAKIRL N. MORGAN, 108. V. RIRC
; c. j. rixht. p. m. rixkt.
RIGXALD W. BEALL. C. K. WOOD.
H OHA8. A. DOl'GLAS, OWRN OWR>
M. A. WINTER, CHAS. W. SF
llll A T UtDTVN WU ? C*AW>'
JAMBS 11. BAKER. J. SPRIOO PC
HARRY A. KITE. FRANK P. M
W. W. CHI8WBLL.
THE UNITI
Hi TRUST C
A FEDERAL CORPORATIOl
Being organized under a sj
the District of Columbia.
|l OFF
HON. DANIEL N. MORGAN
C J RIXEY
| CHAS. A. DOUGLAS.V.V.V.V.V.V.V.Vseco
,1 RIGNALD W. BEALL
|| RICHARD E. CI ^UGHTON
(1 DIREi
James M. Baker. Creed M. ]
Joseph F. Birch. Andrew G
I Joseph H. Bradley. Harry A.
Rlgnald W. Beall. William H
William O. Carter. Frank P. ]
W. Wallace Chtowell. Daniel N.
Richard E. Claughton. Dr. R. Ml
Charles Hale Davte. O. T. Marl
Charles A. Douglas. Gerson N<
B. It Dulaney. Owen Owe
61111 Foo rtee
Washington, D. C
f Hft-St
i*' 1 ==
| We Offei
| Any part of $25,000 VW
*.' DRIA AND MOUNT V
? 1
?i Mortgage 5% Gold Bon
< able March and Septembc
< terest.
< i
1! Detailed information
* i
< i
i[ Craoe, Parri;
o
II Aftfal ^
W \jr\j-ir 11 If U. U il
!| Washing
J \ DEALERS IN HIGH-GRADI
5 fe22-.1t
I
j Capital, $1,000,000?Surplus, $1,300,000. j
i Drafts K I
4 _ . fr
4. ?un principal cities or the world. }
'?Letters of Credit issued. i
1?Exchange bought and sold. ^
i- -Investments & Collections made. ^
'?Stocks & Bonds bought & sold, t
IRiggsSSr1 [
1 Pa. Ave., opposite U.S. Treasury, t
4 fe21-2Sd V.
y Wl1p, ^ ,r W y ^ y "Iiy <ir 1
PAYING PROPERTY.
Tour Improved property ought to
p?T jou. If It doesn't -on ought to
dlscorer tbe reason. Good management
has more to do with this questlon
of profits than anything else.
Ask any one of the large number of
property owners whose interests w?
look after. They are satisfied. That
la the test.
Swartzell, Rheem &
Hernsev Cr?__
WARNER Bl'ILDIKG.
91 > F ::XBI_ET NORTHWEST.
| "WHAT HAS I
| HI Dill?" |
? ?Napoleon'* Famous Question.
The bnlWer of honor, standing and abtl- V
?" ?- KJ mcnlf in hl? ri'onrna?hi* Dl?t jli
gf. performances. Napoleon knew that bis best ?Ar
officers best stood a probing Into tbeir past. 7*
jfr Hence his famous and insistent question: w
> "What has be done?" If you are looking -u
If for a good, reliable builder, look up my recjb
ord and see what you think of it.
5? ARTHUR COWSILL, fc
# "The Builder Who Makes Good," ^1
^ 307 COLORADO BLDG., X4TH AND G STS. ^
Diick Biros. <& Co.,
Washington Branch Offlc.
1412 H St. N.W.
UK1JBCRS NEW YORK STOCK BXCHANGB
ad All Lndlif Kictupa.
STOCKS, BONDS,
COTTON, GRAIN.
Talapboa* llsla SMO-SMJ.
?gT-tg.th.??-t<^14
hnm E Pay Interest!
On Deposits j|
\! ?in our SAVINGS Depart- !!
2 ment and permit the'withdraw- ; *
j J al of funds at any time. j
< > VTSavings Department open from i?
J J 6 to 9 p.m. every Saturday. ''
THE TRADERS::
! NATIONAL BANK.12".^*; I
i f*22-28d < ,
'1'11 INTHE HEAIIT OF ' *
THE FINANCIAL DISTRICT.
THE NEW BUILDING Or THE
National Metropolitan Bank,
UTH STKKET BETWEEN r AND O.
Choice Offices and Suites
?TO LET?
A. F. FOX COMPANY,
ESTABLISHED 1878.
"THE REALTY CORNER," MTH AT N. X. AXU.
ExcIqsIt* Agent*.
#
FINAJCIAL.
ition for Charter.
ie intention of the undersigned to
the District of Columbia, on the !
'clock a.m., for a charter of incoran
act of Congress entitled "An
ration of Trust, Loan, Mortgage
within the District of Columbia,"
?mbraced in sub-chapter 11 of the
ia.
I company shall be "The United
ized for the purpose of doing gensiness,
and such other business
t ot L-ongress.
incorporators are:
H. Jr., K. K CLAl'OHTON.
ANDREW GLASS.
CREED M. FTt.TON.
I. T. ERANKUN SCHNEIDER.
MMES, W. L. PKNFIEI.n.
TRR. OERSON NORDI.INQER.
X)LF.. WM. H. MARTIN,
ILBl'RN, SOITH TRIMBLE.
CAPITAL. tl.OOO.OUO.
ED STATES
COMPANY,
N UNDER FEDERAL CONTROL.
jecial Act of Congress relating to
ICERS:
_i j._ ?
rrp.sniciu
First Vice President
nd Vice President and General Counsel
Third Vice President
........ Treasurer
CTORS:
Fulton. William L. Peni -Id.
lass. J. Sprigg Poole.
Kite. C. J. Rixey.
. Martin. Charles W. Semmes.
Milburn. T. Franklin Schneider.
Morgan. Dr. Presley M. Rixey.
dyette. South Trimble,
tin. Harry Wardman.
ardllnger. M. A. Winter.
il. i.naries \> ooa
rath St. N.W.
. Telephone Main 244.
3 for Sale 1
VSHINGTON, ALEXANERNON
RAILWAY First I
ds, due 1955 (interest pay:r
i). at 100 and accrued in
I
x
on application. 2
i ?
* f
? Co., Bankers, |
treet N. WM |
ton, D. C. I
I INVESTMENT SECURITIES. 1
* I
' '<7? ? J
Reliability
should be one's first consideration In
selecting a bank. The fact that this
bank Is the second oldest in the District,
has won success and has always
served its patrons well argues
in favor or your considering placing
your account here.
Second
Second Oldrit In the District,
7th St. Bet. E and F Sts.
JalO-Sm.28
>'' - - J1
AN ANNUITY 1880ED BK
The Mutual Life Insurance
< ? _ e v
w/wmpany 01 ixew xorix
Guarantees a fixed Income for life, which lnoomt
la protected by over four hundred and seventy Billion*
of asaeta which hare accumulated In a successful
business experience of alxty-three yeara.
Batea will be furnished upon request.
THOMAS P. MORGAN
llanaMP #A? A# rv>lnn>M?
Ma 1883 r at. M.W.
hnad^toiT 'rout room. Mtptau Utli tlX
?4 -MOt
(PES PETU ALBUILIHIIG ASS'H
Advances Money at Six Per
Cent Per Annum on
Real Estate.
Office. 506 nth St. NAV.
ix-m
Washington
Loan <& Trost Co.
OFFICE COR. STH AND F STB.
PAID-OP CAPITAL, (1,000.000.
"SURPLUS. 1600.000 (EARNED)."
? Ixmqs In MBf amount mad* on approval ml
eBiaie or nHintrti at reasuuame ratea.
Interest paid upon deposits on montbl/ bal
asces subject to check.
Tbf* company acta aa executor. admtnlatra
tor. trustee. agent, treasurer, reel .1 ir aod
? in all otber fiduciary capacltlea.
? Boies (or rent In borglar and fire-proo*
? vaults for sate deposit and storage of TaluaMs
packages.
Real Batata Department la prepared to aa
mime the management of your real sstats.
Careful attention given tj all details.
JOUN JO* EDSON Prealdeat
JOHN A. SWOPS Vice President
ELLIS SPEAK Second Vlca President
ANDREW PABKEB Treasurer
II1RRV fl UUU l?l.l.nt Tr....?.
BOYD TATLOH..? Au)>tint Trciaurw
THOMAS BRADLEY Real Eatat* OBJctf
FBKDK KlCHELBEHCiEB Trust OOcm
defl0-d.g8n.16
!! Put Your Money In !!
IIINVESTHENTSII
it > I
itTfrBot Mnf nAnt*A/?3afa !
llUk w I 1 Vfc jUvpi VMU?V> j .
] [ Loans secured by FIRST deed ! ;
Of trust on HIOH-CLASS Wash- J
j I Inarton Real Estate (or sale, net* j t
l ; tins 6 per cent to Investor, In j i
: | sums of $2,000 Co 930,000. In- j i
I I spectlon Invited. J t
II Heiskell& McLeran, i |
!! ioo8 F St N. W. i!
< I
MONEY TO LOAN
5%~
OH DISTRICT SEAL UTAH.
R. O. HOLTZMAN,
I 1428 N*W Talk ? >
| MMUMk
3

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