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The Washington times. [volume] (Washington [D.C.]) 1902-1939, March 22, 1921, FINAL EDITION, Image 16

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B US .ACE S
The F ederatioe o
eur, or a ieleridus strike
rues'the strike would 1
to obey mahdates of the tra
The federation. has a me
railroads they must carry
e r request for t e 'vote
"Arbitrary actiog.o some
acing wages will undoubtedly 1
stlre tre portation system Into
givolution.
'eTRNOLT MYM ATTACKS.
**We strongly resent and voice our
tites to the attapks -betg made
tzrethe railroad labor unions fer,
bhe purpose of instituting un-Amer
4Men oondltions of starving wage
est twelve-hour days, abolishing
lpynast for overtime and istalling
geseUoes which were current a few
e peg our full' 'conomic forco
W pro&* our present standards.
Uvery '4ort has been expended by
sur orghausation to prevent sporadic
alketts and stries."
Support w" also pledged to Frank
P. Walme. gperal counasl of the
sillreadvsions. and the union execu
-OLehigh Valley ailroad employee
,/wll submit a proposal to the comr
Vany refusing the general wage re
Estioen by the railroad. In making
this statement. E. L. Enke. chair
maa* of the Lebigh Valley Railway
psterm Divistb of the United
Motherhood of Maintenance of Way
fployo. said the osn Would abso
3ately refuse to accept the proposed
M per cent wage reductibn.
* I Z ACTIO L B D. L. AND
W. Wo-., -
me also .aid that simllar action
1
Po Lear_
wem lsle to know ho
eum, whae to buy nd
nn . Td M -
If M -fed am p q W
Ik wih medOw .d
the 'out ed-i* ediaM&
Wepry% mlymV
SECURrrY& M
PLUNKETT, RC
Member. C.oneeideod
ANNE
the opening o
821 FifteentI
Wasbhg
- M.P. DRI
iZ~s oflee ion our dirue
Oty; esonpletely wlnpped
ad overy facility (or the
news of the amarbeteand
Steeks and Bouds et the
' Yrer esinntdes
Ne.w York, Pidadelphia, N4
es mye at. 1241 Walnut It.
rEx v*wd04
F rotherho ofRawy
b frAept of th
b*11ot for mI lte, Om The"
e e -, jf the ri decline
ra act of 1920,
. 0103f'85, omo They warned
the letter-and spirit of the act.
also said1
of the railroad ofO in' rq
,e the spark which 1wK set the
a fame of chaos and fndfstriki
IDG 0 410E1 C.
Ca C,* pEI 11
chi Ry Dele . .
would be taken by D. L. and W. em
ploys and also thes of thA Central
Railroad of Now J r. He a4ded:
It is expected that the gejneral
ation--' of te 2tten's 00*
mtitt.. ees 048 g accept tuese
wage reduetions *n1 be follow$& by
further proposals in an egort to
reach a genieral. Vgeme
iouMd the n e eng actual
1y to out on a strike, they twill bI
rupported by the mtembers 9C thle
Masters. Mates and Pu1 ta Uneio. a
cording to William A. Maher, bsi
ness manager of-the snlon. H*.says
the strike appears to be unavoidable.
Rbould the engineers go out on Aprit
I the maoters., mates pilots wil.
stand with them, be -ays.
CArA'W OVWEK REMIGEU,
Capt. James F, Oyster. Vho has lee
qualifed as one of the District Ce.
missioners. resigned today 'ax local
director for the Federal Rederve
!a
Its Basier.
xn Stmagers
fimi & Thw
R I nc' a mk se
.maber4ad t hnd a.
wih the ase 4f th i
at about aking quuidsis
0%ka.l am in $w a
..."u.arn,.
50N -
SrPfNmee
BBRSON & CO.'
tok eknge of Na Y.
WUNC E
f their office at
i Street N. W.
ton,.D. C.
MaIn sle
t ivhats wiro to New York
with stock qutati'on ticiger
in ad tralder; latest
dlata on aRl Oited.
.....h' It 2. Wa.h..... 'n e.
Secretary- Hoover ha. laid
plans for an eabustive study
trade routes on whiek Ametia
god movat t0ere"g PUietA
It will be carred estby A
com td he will- abpoint, li
laid oy aW the e"e4t will W
avaUil e.trategy for
sbipping - o wto4s.
The study saip l rall *1a
termin"l faellities, ports, - ab 1d
harbors, both Government coi
trolled and private' steamhip
fines. and the application of the
proterential rate.,section of tWo
dSegobant marine act.
Whitle American busines was
brisk, 'fr. Hoover said6 details of
nreepstruction were left to be
wokke4 out when the need are@5
and so far recongtr on has
been without' the ap cation of
a constrdctive plan.
Study of American trade routes,'
he added, would, thiow consider
able light' upon reconstruction
needs.
Bank of 11chm d.
While th Federal Reserve act does
pot necessprily call for the appoint
meat of the new director from this
city. it has been customary in the
paW to 41 vaoancies tro&3he Slate
of the retiring director, anwlth-this
idea in mind. a special meeting of a
District of Colushbia BankerA
stationhas been called to meet at the
Wadinigton Stock Exchange at 12:30
'clock 4 Thursday.
William F. Gude, formes, presideit
of the Washington Chamber of Coba
merce And a $Iroctor of the National
Metropolitan- Bank, has ben proali
neatly mentiqned Ser the succession.
NALuTIoUn WAS' aUNUWUDJ
- NOPES.
A quiet movement is on foot, lid
by Baltisre bAnkers, to have the
Federal Reserve Bank of the Fifth
district transferred from Richmond.
Va14 to Baltimore.
This Is s revval of the former
agitation to have Balti more made a
Federal reserts center when the re
ser-V system was being organised
and the regional banks *14 out.
Ricbmohd, ,Va., the home X John
Skelton Williama then Cpmptroller
of the Currency, was made the loca
tion of the Fifth Federal Reserve
Bank in spite of the protestations of
bankers and business men of Balti
more, who maintained that that city
was the natural financial center of
that distridt.
AKERICAN SECURITY DVIDEND.
The regular quarterly dividend of
the American Security and Trust
Company has Just been declared by
the directors of that institution. It
will be payable on April I to stock
holders of record on March 31.
MU. DAVIS NETURWB.
President -Floyd E. Davis. of th'o
AEacola National Bank, has returned
to his desk after a business trip to
New York.
P EDEB' GSVAGM IS NACM.
President Francis U. Savage of the
Nofthwest Savings Bank, who has
been spending ten days at the Marl
borough-Blenheim, at Atlantic City. N.
J., has, returned to the city.
ADUITTED .O RESERVE STNTEM.
Banks admitted te the Federal re
serve system week ended Marh I
are as follows: Reliance Trust Com
Vany, Cleveland, capital, $200.000;
Bank of Bowman. Bowman, Ga.,
$35,000; Southern Exchange Bank.
Dublin. Ga, 1100.00; Badl of States
boro, stateeb.Io, Ge.. $75.000; Bank
of Toccoa. T Ga.. $60.000; Ihlen
Btate Bank., Ihlen. Man., $25.000;
ISank of Philip, Philip. B. P., $40,000;
City Guaranty State Weak, ChUdress.
Tex., $100,000; Xebterey County
Bank. Salnas Cal., $175,300.
EQ U I TA BL E
CO-OPATME MU)
UC ASSOcIAUON
orw..i.. anr
41st ,YAR COkEPLETED
A-.S .....4,272,062l
Surl.. .... $16,22.sn5e
-mke the best Of Your qOppor
tuni.ty to save. Join the qui
table and save systematiealIY
each pay day.
5.beestie. for the".
Ueing Deeeivedi
Sha., $2.50 PJL.UUEngs
4 Na Ceut Interest' ,
EQUITABLE BUILDING,
915 F St N., W.,
-5031 or0 UDSON, Preeuent
i UAN P.REBEDE, Se..
Railroads Headed?
Wih the troubles'of he
counir's roads' apparently
multiplying frowi day "to
day, and the ,outlook for
railroad securiti' appears
lng more gloom l, the an
swer to the above question
is of extreme importance.
Therefore, we have cop
piled a circular covering the
entire situation, having en
deavored to outline what the
future holds forth for rail
road security holders, and
this circular will be sent
free to anyone upon request.
Ask 1., wT-e2
8- Svree St, New Yesk
-ie l..a
NEW YORK ST(
42219 emane. ZM *m 34 Pn
A..chm.aOM& e 43W 4M3 4
pa.--- ---0 1. 4 . 0
*j%
Am.as3m M e
Am s.'..'C... 43 -3lle
AS& sMoking... 3W
Am. Leel.,.... WK aM' 1
as, BsatraTeb .a "m em4%
Am. S M NM
AA, Tobmee.... US 2S US IX
mAsumets...p.. ~34 6614 P1
Ama.me se..... la sa 361 16
A1s. TO U... U3 11% 3IS P
AAk VOL & Te. 300 SM% 9W 300
AWhWe ....... 046 NvM ja
anseensa ....aas a mgas WM
Ase.ryGode a0 a 32U, IOU
Athes......I i0 SOX; 8IM0%
%. G.W. 1.... 46 3IN 4UMJO
AtG W.LP.- 3U 31J 3t*
,L a ras'We.. 3 3% sm.
bote. etoe.... 3M 3 SM SM
fealh, aot 3.., 16.te4 6 tog *A
Brook. Rapid T.. a% Sm 33 14M
Rutte & suW.. 1 1 28 ,3
CaL r1elre..... 4X 049 40M 41
Coat. Leg..... 41% 40 40% 43
casa. Peende... log2234 11W
carve deo u 0
Crmd ... sm sm 334 ??
ca&s, A a"... taw a6s 864 a"d
ChIle Cowoor.. 10.% SM 6 %
Q...Ast I. v. W a a
chi. A x W..... Ga3 '
3.T.&P.'S Wi.. U WK u0%
e6a cas...... U14 13 1
Columbia GM0 7M 74 6 1
CeLG.Prah. ... 43. '43 43 3
Ca" s m"e... ees ls M 88 MI
C. L CIIanaS... 5M M 56 5M
Cot. CaadY %:-r. W3 11 114 13d
COS. Te. Corp. - 13 as
Cora rodaSs.. 716 133 14 7
Couden corp.... 3m m SM aid
Crucible Steet.. 8m k654 8M s
Cuba Amt. SUgar 2W% 290 % Olg d
.00 C. uwar... % 8% 3M 96
Do, & Rl @G... 1 1 1 1%
Ite ........... 11% 11% 319 32
ram. RaIsky PW afM UK 01 6
rasous-d- 7 or asM 0 JM n
Flake Rgbber.. I1 3W 639 SM
Goatee Wins.... - is 19 1M 1%
aereA Aseman 42 40 0 40
Gen, Uoestrie.... 231 35 35 113
G. Met. C&t.. 33# 34 331, 23
Oen. caWsar ce... 6 59 50 63
G. Nerth on.... M 7s" MM 13
Goeowes3s, A, '.. aRM v of 13
askeU a Dark. PM Wm 3'M
somebtake MIs. K 99 n
Sembes 0.L... 49 U n
memoe nestCO.. UKN AWus am h
lamirateso-0 1.g4g a MM S1
Iter. COSOL.-.. 3s 516 sm 66
In. Ne. Trank... SX 36 3It M
at. ArL PC..... 46M 461 46W 406
IslaA O & T.. 4M 4% 4M 4%
LnternaL. Faesm W7 t 57 O6
iaviciblae cu... 15 26 3 1m
jewel Te...... 1IN 9% 10 10
ewej -AA p..x 9S 96 24 *A
Kan. citys.... 316 3ma '321' a
eily-f. TIra 431% M1 431 413
Keystone Tire-e. 5M- 336m SM 3
genAeOM st ...... a E% 3m m
Lcka. stoet.... P 6U Et 6
Lk. L. W. f-C 20 1
Le I. & Tire... 34K 24 9 3s
LhMLSk vaney... 42% 499 4S% 4614
LAeW as.).4... aS 16 16 1s
Sft laserp.. .. 9g m4 9m4
aa~.UGWa... 504BN
Aarm PC ...... 51% U33
maxwoliM.G.... 4 5% m 64
ms, Pese,.... 1446 34K 144 3443d
gamI CO. Cp. 0% 173 11 1T%
mudyale stod.... 30 23 3% 10
MI. state o.. 23 32%' 9B 18
noutgem. Werd 1 ,6 5 9% 17
Mo.. .L 4 tw.. 1 -2* 2
A F le....... .3 21 I b
x. roe. ,a..... ;3% a a aft
tMathead- . 7 n - 712 72
Local Produce
Mlarket .
(Furnished by T6ewatr? LAn. la.
Mga continue to drop. quotationi
on upearby being 21 and 26 .enats.
The poultry market reimains steajy
except that, a alightly higher pri'ce 11
beingquoted on liv eaaU.
Fruits and vegetab t rta~iteadly
The flab sarket shows a dIecide4
tivity,*. the 'greatest demand belfni
for shad.
Quotations folloW: .
FlUM-Camp. 4e per lb;; base, 24. per lb.
pike. 12c per lb.; eataish. So per 1b; t'oek
*R38O 10. I~IFD4T-No.
p er AS e. Ugramtee. 15o emol
g~lce Oooa .taa3. 31.10 per gal.; ae
ie~prb 36 se; houthein. Sie
LIVU P UITRY-ChIe (1mgn). 4
ohei (amali), ii a .e (
poor). 23 @ee; tu ~ (hes). 6 5
S4E.; EDa 0stTI-rer, (e@he ca
(ti) So ses cewl (ye3a sa hr
iS.; eBlea.S i5
ce. chke. .)oe....* 4540 he.
40aere (chi at ) 0.; gee(a
AND LA es e, e N en0
e0io'la ha2 ' @12e.
v. c, dm.. I IN
K..Cg..a.... 04 04 .4 0
a .a.a a s- x 0. 1
N. Zcessoas... 6DM aU.dN *e
asse, 1as..... 7a nM ?6 3M
IL MA s..... 3M SM SM M
Pseum DeveXP. aSM 13ag 13sk i
resie-g 9W, . 09' 304R M
-vmi1Mv C.ISM 316W 3483
ft. OaAh Owds. 131 13 18 as
Paa.an. RM... VW s 6g $.7
Paa-A. PL. W sIE 8 63 0 9
e& MS 9.... 413 41M% 4344
tore 3asequee.. 1X 13 0g OX
PeaMs. . a.... MsM Is . 516
vies Arrow... 232 34 UK5 346
th" Cm...... am m 8alua3i
viea&. 041....... WM amt M
PS&e 9 8.V. 4M 88O-*Y% US
re"n ck Ci-s. 13% %UX' 3k 104
FUma P. cr. ss -W 31 0
mIer.OoerpJ&... s f .. -6
FsatS A. -s e. 4 4X 46 479
Beedlag .......0 9z L 5
2 61 . 2 4. ... 40 % . 4 1 9 4 0 4 4 1
a t.s.3.1..... 81 t1 31
tau stre.... 403w 4W 40- 494
S.seS a.. Ig69 - 6 "k
p.,&1W Tr... 2 to S a
O, D13a" x T. E a 4B gig
SWesa eir.... % $ 1m6 %
enM ROebuck.. ?1 73 1$ 173
sl.o en" .42 - b 4 4214
L 1 a Ms r... a3M 20 W( t1
S,. S.W..La. 273 , 2 M USE
strombers c"r.. a43 M.Os 34M
suel oiOIL..... as 1M ams
sfe, P*60e..... 49 Ift ?, "aM
seutherm at.... 3W6 3GM eSMI
Stam. 0. 3L J. . , 20134 W&% 030
A o .... s Xa-4MI" 148M 347
stuiebaer ..... 0% E 609
iub.Be"tcoe... S% 89 89 sit
TeOms c....... 41N 41% 4W 41%
Tea. a Fe..... ON W( MM 0
V. . . a as am 51 siM am
ThIrd Ave...... W4 2M 104 154
eba6e Prs... 47 4 45M 47)j
2repases.OIL... sM SM SM e4
aim 1m101s9.... 6134 U13 UsM 110
unWe " e..... U 4 21 34 2W 3m
U. . SO. As.. SlM 866 0 M4 64
!F. .Mu;bi.... 92% 713 TIM 12
U.,.Ane.. a a as W
U. as ses.6.... 1OI6 OD 803l
Ufab CeeW.... 48 419 48% 48%
Va.-Car. Cem... 3 83 3 3
Vs.-Car~bW'-P8 Qt SIX 9t& 8M
- M v IBM 2"
wabamh JL....h73 4 73 73j 7M
West. 6....... 9S 9X 9% IN
WsM. Zag.... 43 42 43
WillyM Ovrla L. 7% 1% 73 7%
WeL PmeuI... a a 4s 1
canl miow...... ".. , 6%
11 a.m. 1 see 1 p.m. 2 p.m.
392.669
ietbOeB IWAXMING BT.
T;adner who have been watching
the pails closely believe that only a
few preliJnary skirmishes have as
yet TakeW' place is the fight to reduce
expense and return to a pro-war
ba l-.&
They point out thijt the final move
will be tor a change in the agree
ments with the Four Big Brother
bood
MUIEMEG UXCRANGU" TO BE
TOPIC.
Pereigh Exchange" will be the
topic of an vddress which H. H. Me
Keoo jr., of the Riggs National Bank.
will deliver before the elementary
clis of Washington Chapter. Ameri
can Intitute e Banking, this even
Inc.,
The Road That
Leads To Fil!ancial
Is ju wha yu sake it
YOU Ca make ft a never ed
kg "e by a mtn st
dtscally.
You ca make kt a long and
Wseiesee if your moneyean
nyavenge iness -css
Yes a ae s s plaesaar,
~ ad aseemezed by
ound.. liaed M-.
payig tek onthe
-Weidb fee Isteaaely Interest
lag133 beklt,..4
so Droad St. New~rk
The Situatton *
Regarding Railroads
S We have affUly prepardan
aalyai of the puset and. hu
i medat mawhe inuture of the
is eabch ghould prowe of in
Caie aaed free spe. eq.
Ta U cse t~fld1QL8.9.98.h
Tinm will be
te is and beNa".
ases nesee, or
of WrItero
Ns V. O~ 0,--ill' you pleaso
bt me know wbfht you think of the
stake eo en Paud. msn. aw yes'
a ,'eeut~ misting 24 eld biet
oe U1111, dmU/ut Are permanent
boeds available?
Aawes-We -be leve these' bond#
offer a very attr ive investmentOt'
portuaity.
ey may be obtained in anG
$1, denominations. Only e ted)
porarw bankers receipts are obtain
able agow.
These certificates carry the July 1
fMeresat payment. After that per
oment bonds will be ready.
CNTINMETAL GUARATYr
com3IonATsff.
U. KI-Kindly inform me if you
cosl'ider the ostiateral tret ead
30tes effeedI by the costmennta
GCummnty Corportale of ewsTYeek.
gSid Iavestment. Please give me
0a line on the company's business
Answew- * Cone~notal Guaram
y f..esrperstion during the last live
years Has financed the sale of very
near $200,000,000 worth of motor ve
hicles.
The company is a banking institu
tes and under the bankag iaws of the
State of New York. Its collateral
trust gold notes are secured by de
iesit with a trustee of indorsed trade
acceptances and notes.
- These notes are issued only up to
9% per cent of tho collateral deposited
with the trustee. -The notes mature
in from three to tweliy months and
are self-liquidating. '
The company has sold to banies and
trust oompaniea. more than $100,000.
000 of its oblig ons. The report as
of September 30, 1920, shows its cap
ital, surplus and undivided proets to
tailed $3.311,061, with total assets,
$17.Ul7.547.
The notes are issued En denomina
tions of $1.000, 2,00, $5,000 and 10.
000. and yield from' * per cent to
9.80 per cent, acerding to the length
of maturity.
For short-term investments they
are considgred sound and attractive.
ROAWI'D ONCE, AFRAID NOW.
A. M.-I have about $3.00 to in
vest and have been advised by my
broker to buy some of the following
dividend-paying stocks: sflolineme,
Dome Suan-. Meelntyre. Nivipiing.
Meeta and White OIL
What Is your advice as toeuying
these stocks? Would. you suggest
others in place of them? I got
roasted once on lmsses Mining.
1E1011 MZUMUV2 MATIOS,
MtOOS of total reserves to net -de
posit and Federal Reserve note liabil
Ities combined, for the twelve FeoGral
Reserve banks and theMtire gom
as of March 15, empared with -be
previous week and a year ago, follow:
Mar. Mar. Mar.
16.21 11. '21 19, 20
Boston ......... 61.6 61.3 52.2
New York ..45. . 41.8 38.7
Philadelphia ... 54.5 57.0 40.6
Cleveland .. 71.1 60.3 51.3
Richmond .. 46.2 50.0 4d6
Atlanta ........ 41.7 45.3 47.5
Chicago ....... 47.J 50.7 43.9.
St. Louis .t .... 53.2 56.6 39.9
Minneapolis ... 40.4 50.4 50.9
Kansas City ... 43.2 48.9 44.3
Dallas ......... 7.6 39.. 44.7,
San Francisco . 55.7 54.1 45.0
Total ........ 51.0 50.9 43.5
Harriran&Co.
MEMBERS:
New York Stock Exchange
.111 Breadway, New Yrk
W8 1gton Office
cOLORADO BUI.DINC
Telephene Main 1608
G. B. CHIPMAN
Insur'Od nvest0ntn-2
No ship ownecr would send his
vessel out to set un protected by
marine insurane, Ships at sea
face many -. disasteea--olisulon.
fire, mutiny accidents to nmachln
ery. etc. 1 a man thus guards
against loss at sea, will be rot be
justified in investing in securitIes
well protected by land?
In our fifty-two y~hru of byasl
ness not a single investor Ia o'ur
Ftrst Mortgage Notes hac lost
anything on notes purchased
through us. Their "ships came
home" safely.
swarrZFL., RHEEM &
HENSEY CO.,
727 FV.Ietb St. N. W.
WASHINGTON, D. .C.
The Notien's Roe T.on.
Issued for Year inflanmetib
Inwsion's Ponys Manual
m7 Ps ..ud ase noSk
mI a .. wr.....4 .rs il tek a
Nis. C.
cesa ses/--- aese
s~eid aua mendeat.
Will It be advisble to sell t
stocks ot a loss er hold them?
Absmworv-f yot really want to
invest Yer, SUN.80 not gamble, you
wouid be comumitting a grevious foly,
In our opinion. to buy any of tlese
stock as they have practicaly so
av'estpont 'uaHties. ,uI
This Is no relleetion on the vain"p
companes; They are among the best $1%s f i
In their respeetvo classes, which,
however, doesn't mwn "at sueh
stocks are eafs things for a man 6s
have mmosy invested in.
White Oil is'not les speculative.
We cannot mpt to ay that
stocks, you aI t:4dy have in your poe- alm"Il
session will 11ell higner or will el,
lower. ut inasmuch as you -doubt
team have sustained a heavy lose on
them, we should think it might pay
to dxtend the gamble a little while
longer hoping for a turn in luck.
If you would buy five saare -eagh ft.~at Nw*.
Aseusea, yeseshenes elnams
on Leesmetge pesae 12ed. A
Itallway semmes. and Union
peefsired, you would have a real lt- Fot-siwht Yeaits Withot
vestment. You would not be "roasted" an Any Inv
again.
Buchanan was the 'only bachelor
President of the United States.
"Saveallyopcan" A
-Old Proweb
Statstics show t out S every
100 Men who pay tir awn way at
the a'"e 25, 95 are dependent Upon
ihat/'in whole or in part, at the
as 66. only ive are totally
A safe wky to be indepemdctI
your old age is to put a*e a 4-.
nite amount each week for invest
meat. Our 7% First Mortgage Notes
are a safe investment. They are se
eumid by some of the "aet residn
tial property in Wahilten
ALLAN E. WALKER & CO, INC
Reet REstate a" sesri e esek
813 15thftret N. W. Sther BSBig
ICE BUSINESS BOOMS
Have you idle funds which you can Inveot in Al divi
dead-paying preferred and comman stpek?
Then consider, if you will, the merits of the shAres of
the Washington Ice Manufacturing Company.
Until further notice unitaof e share of 8% Preferred
and one share of Common stock (now paying 10% divir
dead from earnings) of 00 Washington Ice Mam=fcting
- Company, are seling a the attractive price of $2.50 a
These shares are treasury shares of the Company and
ar being sold to pay for the cost of constructiom f Plant
N. 2 of the Waahlgto *Ice Manufactaxg Companly,
which is located on Twenty-tiird Street Northwest, ,be
tween M and N Street.
The ofocers of the, Commanyeexpeet Plant No. 2 will
be completed by Way 1. When cojpleted the -outt of
manufactured ice will be about 200 tons daily, which 0lI
nearly treble the earnings of the Company, thereby Cas
ing a natural increase in the value of the Company's
s res and also should in like. proportion iberease the
vidends paid.
SHARES WILL ADVANCE
It is our belief, both the Common and Preferred shares
of the Washington Ice Maufacturing Company will ad
- Those who purchase now at $2.50 a unit will profit
. accordingly.
WHO ARE THE LOCAL MILLIONAIRES
Engaged In, the ice business in Washingtoa? Met d2y
child knows them by name. Hers is your 'chance to get
an interest in the Ice manufacturing business and enjoy
tprofts which the milionaires In the business Are en.
Jying. Everybody urns' Ice, but orily a few rnake it.
Such as essential daily neceseity buse.,e means that
teoue who are in It have more or less of a monpoly.
An ice shortage this summer Is a possibility for the
nearby sections as well as the District. We believe the
demand for Ice wisbe so pronounced that the profits of
the ice business will legitimately be the greatest this year
they have over been. Ice shares are good investament.
Let us show you why.
DON'T~ BE SATISFIED
Unless you get'8% or more en your naoney. All the capi
talists of America are demanding at least that for their
capital. Never before has "money talks" meant so much
as now. If you' have money and It Isn't arigyou at
least 8% then you owe it to yourself to .vetlae the
merits of the Washington Ice Manufacturing Copany
shares as an lnvestment.
If you will let'un take you out to *he plants and show I
-you what the Company Is doing; hae you meet the.
offieers of the Company and become aedmainted with thelk
thorough way of conduejing their businems. we believe
you wi be satised. We know what we are talking about
when we recommnend you buy these shares.
$50 buys 20 uriits . $500 buys 200 units
$10o buys 40 units $750 buys 300 units
, 200 buys 80 units $1,000 buys 400 units
Eacht unit consists of ene share of 8% Preferred stash
and one share Common *tek payIng 10% divIdends fta.a
earnings.
yuCall,.writ, or phone ud for any further informiatio
'yumay want and for appointment for us to meter you
1 othe plants that you may see Plant No. 1 in operatlsm
and Plant No. 2 under 9onsttuction. In 'doing se you
Incur no obligaticm.
Invest ,$60 to '$t,00 New and Got the Neot DiviMe
WOLBEIG & COMPANY, ha.
* .hi 6673.4. Seite s54, as... 3g.
Wm em .c.

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