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Times Herald from Washington, District of Columbia • Page 23

Publication:
Times Heraldi
Location:
Washington, District of Columbia
Issue Date:
Page:
23
Extracted Article Text (OCR)

WARBURG SIARIS GERMAN BANK Wy Wilt Finance Raw Material Importation Into Germany. I A. B. A. News.

Br WILLIAM H. tOISHAD. Paul M. Warburg, former member the Federal Reserve Board, to advices received In local banking la understood to have organized a bank In one of the principal cltlea of Germany. The institution will be known as Warburg A and will finance lmportatlon of raw Into and their manufacture.

A. a. A. FLANS. Under the new constitution of the A B.

Aw to be submitted for adoption at the October convention, the aec tionM of the association will becomi divisions, and the of the aeotions, now known as secretaries, will become deputy managers, under General Secretary Guy K. Bowerman. The new draft also abollahea the currency commission and reduces all commtsaions to a membership of aeven, can be appointed from the membership at large. The committee on and marine Is made a commission In the new draft. President R.

S. Hawes has announced that printed copies of the new draft will be mallei out In advance of the convention. INTKRNATIONAIi CBEDITS. Plans for the establishment of an International credit c-rganlxation, with Ave bureaus In the capitals of Europe; were disctlased Friday at a meeting attended by representatives of various trade associations at the offices of the National Association of Credit Men. In New York.

The proposed International bureau will be operated In conjunction with the International Chamber of Commerce and will have for Its purpose the reduction of the number of frauds perpetrated annually ly on American business concerns. The following were elected as members of the executive committee of the foreign credit department: R. Browne. International Western Ijiectrlc Company; O. K.

Davis. Foreign Trade Council; Robert F. Valentine, American Manufacturers' Export Asaociatlon; W. M. Benney, National Association of Manufacturers; G.

O'Reilly. Irving National Bank; J. VA. Broderlck, National Bank of Commerce; Herbert A.Stanton-Thomp?on. Yale Towne, and C.

M. Freeman. C. S. Winkle, W.

D. Anderson, and R. R. Clark. CONVENTION COMMITTEE.

The convention meeting committee for the gathering of the American Bankers' Association In October is headed by G. O. Walson, president of the Liberty National Bank, as chairman. with Rolfe Boiling, president of the Commercial National Bank, ac vice chairman. Other members of this Important committee Include Edward J.

McQuade, Liberty National Bank; Charles W. Darr, Hamilton Savings Bank; J. Waller. American National Bank K. E.

Herrell, Merchants' Bank; W. Spaid, Dupont National Bank; F. G. Addison, secretary Savings and Commercial Bank; Victor O. Deyber, SecIH ond National Bank; C.

F. Jacobson, National Metropolitan Bank; Major L. H. Mitchell, Liberty National Bank; John L. Fugitt, A.

8. and T. B. A Bowles, Potomac Savings Bank; J. Howard, Seventh Street Savings Bank; Robert S.

Stunz, Park Savings Bank; Charles B. Lyddane, Federal National Bank. The hotel committee includes the Financial frmX IPAYMENTJ tr An Income Return of to Owing to the decline the market has had ever the past Mrsral months, many standard listed lavestment Issues are selling on a basis showing an Income return of and more. These storks are backed by some of America's foremon corporaK tions. whose asset poeltion wm never stronger than at present, so thet the Intrinsifl worth of their shares Is bound to he refleeted la maeh higher pHoee the moment the market definitely 1 tnrns.

WUh view to helping Investors In making a proper selection, we hove prepared a list in onr Market Review of nearlr Bfty corporations, whose stocks are i now la the to greap, Copy of Market Review sent free upon request for WT-47 E. M. Fuller A Co. Members ef Meok KsobsAge ef V. T.

BO Broad Haw York. New IDIrtet PrtMf Wirttl I Are You Keeping Up With HE TIMES? following: Joshua R'll' Bank, chairman; W. W. Hnfoiii MaiiaMI uhalroian; Johu Poole, Krderal tlonal Bank George Walton, Lilberty National Bank; HUlyar. Union Truat Company; Victor B.

Suconil National Bank; K. U. Security and Commercial Bank; K. H. Uerrell, Merchants' Bank.

IIJUiK t'Kor INIHKABKPeople who have soft-pedaled the sugar bowl for the last six years may be Interested In the statement that the crop conditions on July 1 promise an Increase of approximately 333,000 tons, or enough to load a train of freight cars about seventy miles long, allowing forty tons per car. Thi sugar beet crop this year covers a million acres, against the nive-year average of about ytwothlrds of a million. Growing condition on July 1 was above the ten-year average. The forecast for lttao. however.

based upon conditions on July 1. and the actual outturn would be above or below this forecast according as condition between July 1 and harvest are better or worse than average. PALL THAU? Ordinary fall trade continues to lack form, according to Bradstreet's. which adds that collections are slow, with a continuation of congestion. This authority states that the announcement of the granting of higher rates to the railroads Is conceded to be likely to have a far-reaching favorable ultimate tesult, but that the bulk of other news to Hand seema to have a bearish tinge.

"A vpry chjerful view of future buying la, on the other hand," according to Bradstreet's, In the iron and steel trade and some of tis ubsidtarles." The new estimates of the British chancellor of the exchequer covering expenditures of a "normal" year allot for Great Bri Bains military expenses and for running the civil departments of her government. These estimates, according to the Bankers' Trust Company of New York, are in strlKing contrast to the expenditures for military and civil service in the normal years preceding the world war. As late as 1009, during a period of peace, Great Britain spent on her military establishment and only on her civil departments, including the old age pensions and other outlay for the social betterment of her people. The postal service is omitted, because its expenditures were offset by Income. STABLE WHEAT PRICE FOR FARMERS FORECAST CHICAGO, Aug.

wheat prices for the American farmer will result from trading in future deliveries by the Chicago Board of Trade, according to Prof. James K. Boyle, of Cornell University, formerly with the Bureau of Markets of the United States Department of Agriculture, who was present recently when the pit resumed operations, after a threeyear wartime Interruption. "Renewal of trading on the open market, governed by the law of supply and demand," said Professor Boyle, "marks the passing of a war! time condition of vital importance to the grower. What Impressed me was the fact that country elevators hedged their wheat as if there never had been an interruption.

When there was no trading future delivery many country elevators refused to buy from the farmers, because they 1 had no way of knowing what wheat would bring when It reached the cen tral markets. Now that trades may 1 be made In the open market, 1 look i for a constantly increasing volume 1 of business, which will be governed for some time by the ability of the i railroads to supply cars." 3 MI FINANCIAL KNOWLEDGE of late important developments I which will no doubt strongly af- I feet the market action of AETNA EXPLOSIVES TEXON OIL LAND ROYAL DUTCH GENERAL ASPHALT CORN PRODUCTS SIMMS. PETROLEUM DOME MINES TOBACCO PRODUCTS MIDWEST REFINING TEXAS COMPANY INVINCIBLE OIL STROMBERG CARBURETOR is of pertinent interest to The above and many other securities are comprehensively covered in the current edition of our "NKIVS OF THE1 MA RKKT." Also in this issue we review the market situation of "THE MOTORS" for your ropy obligation. G. A.

CO. Investment Securities 42 Broadway, N. Y. Brooklyn- Roro Hall and 5th Ave. float on Philadelphia hirarn Pltlahnrdi FATHER OF ALASKA'S 11 GOVERNOR DIES HERE El 1 Thomaa Kigga, Wm Son of Founder of F'inamitl Institution.

Mr Tbomu eighty-eight clt old. father of Thomas Blgga. Gov- eruor of Alaska, died yesterday at his ter home. street northwest, after "oi a lingering Illness Mr. Blgga was resident of Washington for the past thirty-five years.

Mr. Itlggs born In Baltimore, rel December T. 1131 lie studied law at rej Harvard University, but quit school to engage la a commission business In Baltimore In ha married I abcth Mwan Kemp, daughter of Judge Keinp. of Baltimore, and granddaughter of Bishop Kemp, the tlrst Protestant bishop of Maryland. In 1170 he married Catherine Winter Gilbert, widow of Kraticls Morgan flocht.

of Morris. N. T. Mr. Itlggs came to Washington In 1876, and.

practiced law for several years. He was a member of the Metropolitan and Chevy Chase clubs. Mr. Biggs' father, Hamuel Itlggs, waa one of the thunders of the Biggs National Banking Company. Besides Governor Biggs.

Mr. Biggs In survived by three daughters. Miss Nancy Katherine Bigga. of this city, and Mrs. James W.

Cox and Mrs. Katherine Biggs Elmore, both of New ork; Ave grandchildren, James W. Cox. Thomas Biggs Cox, Margaret BiggN Cox, Elizabeth Catherine Biggs, and Thomas Biggs, 3d, and a great grandson. Thomas Biggs Cox.

Jr. Funeral arrangements are pending the arrival of Governor Blgfca from Alaska Interment will be In Greenmount Cemetery, Baltimore. DAVIU I.I.Kit CRID1.ER. Dpvld Miller Crldler. for many years a resident of Washington and an employe of the District government, died last night at his home, 3028 New Hampshire avenue, after a two weeks' Illness.

Mr. Crldler was born In Harper's Ferryq, W. September 17, 1853. and cartio to Washington when he was seven years old. He was In tha employ of the District government for thirty-two years and at the time of his death wad connected with tho tax office.

Mr. Crldler was a member of Osiris Dodge, No. 20, A. and a past high priest of Mt. Vernon Chapter.

No. 3, Boyal Arch Masons; Washington Commandery, No. 1, and a thirtysecond degree Mason of the Scottish Bite. Funeral services will be held tomorrow afternoon at 2 o'clock at his residence under the auspices of the Masons. Bev.

Dr. Talbot, of the Church of the Covenant, where Mr. Crldler was a member, will officiate. Interment will be In Bock Creek Cemetery. Mr.

Cridler Is survived by his wife. Mrs. Annie M. Cridler. and a sister, Mtb.

Salllo Kiel) MRS. LOTTIE M. 1III.DBKTH. Mrs. IiOttK- Moriarty Hildreth, wife of Clarence H.

Hildreth. died last night at Sibley Hospital, following a brief Illness. Mrs. Hildreth was born In Washington and was well known here. Besides her husband, she Is survived by her parents, Mr.

and Mrs. James K. Moriarity, and several brothers and sisters. Tho funeral will be held from her residence, Twentieth street northwest Tuesday morning at 0:30 o'clock to St. Stephen's Church, where a high mass of requlm will be celebrated at 10 o'clock.

Interment will be in Mt. Olivet Cemetery. MRS. ATE DOHHEUT. Mrs.

Kate Donnelly, sixty-nine years old, died last night at the home of her brother, Larry Hoxe, at Williamsport, Md. Mrs. Donnelly waa a lifelong resident of Washington and was spending a vacatioiT with her brother when she was taken ill. She Is survived by three sons, Kdward James and Leo T. Donnelly.

"FIRE QUEEN" CARIES TORCH TO BRIGHTON Brookline Incendiary Spreads Activities to Neighboring Boston Suburb. BROOKLJNE, Aug. Brookline's "Fire Queen" spread her activities to Brighton last night, firing the home of W. J. Mayo.

Fires in the Mayo home and in that of A. J. Sweetzer Brookline yesterday afternoon, were started in Identically the same manner as a dozen fires started two weeks ago in the fashionable residential section of this town. At that time the police and fire departments received letters saying the fires were the work of the "Fire Queen" and her son, worihiprs of the God of Fire. ROOSTER HOBO BEATS WAY THROUGH INDIANA BLOOMINGTON, Aug.

ridln'est rooster In the United States has completed his last Jaunt. When the Monon's Louisville express arrived here from Chicago at 3:08 the other morning a lusty chantlcler's crow emanated from beneath the bumpers of the express car. Bobert Gray, a brakemnn, slipped up on the bird and captured him. The train' crew ext lained that the rooster, a Bhode iblsrd red. had escaped from a coop in the Dearborn station and had K'ino to rest beneath the ttaln At every flop the Vird was liearl crow, bat he couldn't be locr-ted ui tll he was caught here, none tlio for his wild 225-mile look the rooster homo for eating purposes.

FINANCIAL THE INVESTMENT WITH A NATIONAL REPUTATION We nre constantly receiving calls for our Klrat Mortgage from every section of the country. Thst an Investment secured on Improved property In the Nation Capital appeals ao strongly to those living elsewhere must convince you. Mr. Washingtonfan, that people regard Washington as fhe nne city In this country where values are stabillxed and permanent. safeguarded by the presence of our Government Itself.

An Investment, backed by a national reputation, should appear attractive fco you. Swartzell, Rhecm Hensey Co. 727 Fifteenth Street Washington, Ik C. ii nil III i UT TA VUAUf l'M" Republican Convention. thereby! Vr An I IU KnUIV gaining the dUtin.tlon of being the ftrm Aiiraai ttlt'Tl) rut THEY? "ouua" craze drives forced to ve her "true to be na lUOllir III DAOTAU iblrd to do In the opinion of Z4 INjAflfc IN DUMUN a.

Margaret McCarler, of thla BOHTtiN, Aug. "Oulja board Appearing at tha city ball to regia- craia" haa drlvan twenty-four man Mra. Mcl'arter her age a a women lnaa.ne In lioaton alnca vr twenty-one." Then tha clerk in ir(e quietly but firmly informed January 1, according to offlclala at that, under a new ruling, women tha Faychopathlc Huapltal. let give their correct age or forego Moat of the patlenta were women Catering. Mra.

McCarter refused to riater who had a great deal of lelaure. Moat i(ra. McOarter apoke before tha Chi- of them htm Opportunity Isl Local Company Washington's Successful Busi Every successful business must have a Proi Have Both. The Square Donut America owns these valuable properties: A Patent on the SQUARE DONUT. A Patented Machine which produces SQUARE faster and more economically than doughnuts manufactured before.

This wonderful machine makes better doughnuts, but it eliminates 30 i saves 35 per cent of the ingredient cost in the tion of doughnuts. Two men with the SQUA A LIMITED TELEPHONE Oi AMOUNT The OF STOCK a- DONUTS. NOW BEING details SOLD AT Nam Add PAR I Telephone No These Properties Are of Immense Yjou May Share in Their Owner The Square Donut Company of America DONUT machines, the rights to manufacture ar SQUARE DONUTS in our copyright cartons, companies in large cities throughout the United Each subsidiary company pays a generous cost of manufacture and installation of our machin for the purchase of certain basic supplies, cartons, us, and PAYS THE PARENT Company of liberal royalty on AL1 DONUTS produced and sold in the territory where There will be not less than 200 of these sub panies in operation in the United States within first company was formed in the city and the machines for manufacturing SQUAR in that city are NOW BEING BUILT. Get Out Your Pencil and Figure Profits for Yourself We own a generous stock interest in each sub in the large daily profits which thes earn. This stock is given to us in partial paymenl uable SQUARE DONUT franchise.

We realize a substantial profit on the manuf; installation cost of every SQUARE DONUT MAC1 by us to subsidiary companies. We take a profit on the sale of every pound oi supplied by us to subsidiary the Square Donut 336-337 Tel. 16-YEAR-OLD RAFFLES CRAVED FOR WILD LIFE Arretted in Dtlrvit, Police Bay He Confriaed to Robberies. niCTBOIT. Au(.

8 Buave. well groomed. manicured, and bearing the mlin of a "man about town," aliteen-year old Alton MoOlll waa arreatrd charted with the robbery of more than twenty-five bualneae Young Mcpill eonfeaaed, police aay. Knockin National Most ness Men duct and a Ni Company of ecl The co SC fo )ONUTS The ere ever mi not only in; nen and da produc- su RE DO- co I FILL IN AND MAIL THIS Co, of America, Munsey ashington, D. sted in the money-making fea to have a representative call ai ligation on my part.

ress. sales of sands of t( 8luP Beyon es SQUARE id distribute 0 subsidiary EACH YE; tates. rofit on the Dun 3J es; contracts through quare Donut Look SQUARE able packaj 1 it operates. men back Few other demand is sent the )f Cleveland, DONIIT9 popula UCJINU business rr themselves 5 the sidiary com- community companies of the val- Foe By im icturing and pany you H1NE leased alization limits of ingredients a total annual are, Get the ful Compai Ixecutive Offici Munsey ephone Main 3 I and escorted the officers about town, ed with robt-lna. he told the poltoo pointing out tho plwM ho ad 1U ed that! ho ylcli out new suit and tkavlng 1 Wl hke old ilotUit with Th.

youthful boasted of his them cleaned and prowctu his reletic from a i I tid 11 hum? told ssjs mexico orders probe i2? of gunboat sinking When arreated ho had roomi In two VERA CKUZ. Aug. 'Tho Mexican bolh of which wore hid lis 0u.rrero wa. run on a roof places for a mlacellanoou. colloctloa of loot, about which ho aald he hadn't 'n Maaatlan and aunk, according to yet bothered to realise any money.

telegram from Maaatlan received Ml. wa. of th. best and. ho here.

All the crew was saved as tho told the police, ho was about to maki weather was not President do the final payment on an automobile, la Huerta has ordered an lnvostlsaIn tho tailor shop, which ho Is ciiarf tlon. At Your Door izing Its Product Promising and Behind Project LIT machine do the work of 32 bakers using other luipment. impany owns the registered trade name iUARE DONUT together with the copyright design the SQUARE DONUT carton. jmplete SQUARE DONUT manufacturing established located at 344 Pennsylvania avenue N. Washgton, where SQUARE DONUTS are manufactured ily at the rate of 750 to 1,000 dozen per hour to pply the demand' for this splendid product in this immunity.

TODAY! WARRANTY REFUND NOTE tures of SQUARE BEARING COUid give me further PONS ISSUED to EACH STOCK7 HOLDER jredients to each subsidiary company runs into thou)ns. all this we receive a royalty t)f cent on every SQUARE DONUTS produced by subsidiary comughout the United States. MILLIONS OF DOZENS GHNUTS ARE PRODUCED AND MARKETED VR. id Bradstreet Record the Success of Nationalized Food Products to the success of UNEEDA innumerlt food products which have made millions for the of them. The doughnut is an American institution.

articles of food are as extensively consumed. The constantly increasing. SQUARE DONUTS repreorking out of a proved plan to produce and market product in a national way. Prominent Washington len are behind this who identify with none but successful enterprises. Here Is Your Opportunity uccessful business, proved right here in Washington I by men known and looked up to throughout this Products Never Find Dull Markets i nesting all that ypu possibly can the Parent comwill be putting jour dollars to work in the nationf a business which has profit features beyond the 3ur imagination.

our for an appointment. We to talk SQUARE DONUTS whenever you are ready. facts on SQUARE DONUTS. iy Of America 58 Building 663 I i.

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About Times Herald Archive

Pages Available:
537,741
Years Available:
1894-1954