Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-11
WASHINGTON FINE PLACE.
FOR SOUND INVESTMENT

| should look over his glasses in plac-
! ing his money where the principal is
| safe and the interest satisfactory.
| Safety is the principal consideration
| and the rate of interest the next in
building up an income by investment.
| Nearly all fortunes are built up by
| the combined processes Of industry,
J saving and conservative investment
and the phrase conservative invest
ment' may be also expressed as com
nonsense investment
The fortune won in speculation is
rare and when won Is usually fleeing.
Opportunities for investment are nu-
| merouS in Washington. Listed on the
! Washington Stock Exchange are
I stocks and bonds of local corporations
which have paid dividends over long
| series of years covering periods of
lean business as well as periods of
flush business. Many Of these sea-
soned securities have in them the rea-
sonable promise of appreciation in
value as the populations trade and
| wealth of Washington increase.
Washington Is Growing.
Washington has not reached its full
growth The Washington of quarter
Of a century hence will be as much
richer, more splendid and more popu-
lous than the Washington of today is
greater than the Washington of n
quarter of century ago. The growth
of the city is more apt to be in geo
metrical ratio than in arithmetical
ratio. The investor who is not a bull
on Washington will lose.
In Washington are also corporations
whose securities have good specula-
| tive prospects and which, of course.
! are selling on prospects and not on
achievement. People who must take
portunities there. They can, il they
will, settle in their own minds whether
the chances are against them or in
their favor. They know the men back
of the enterprise or they can readily
determine the standing of those men
in the community. From their past
performances they can make their
Judgment as to whether those men
are winners or losers.
They can determine the question of
the reputation of those men for business
ability and honesty.
Ask Advice of Banker.
But whether you invest or trade. or
speculate-and there is a twilight zone
between investment and speculation
an income must observe several things.
Those things are: To save, to open an
account with a bank and to ask and take
the advice of your banker before max
ing an investment. Your banker may
Tot be q brilliant financier. but he knows
the pitfalls, that are as many as shell
holes in no mans land, for catching
suckers. And above all, when q man,
no matter how well dressed or how
eloquent OF how enthusiastic. asks you
to part with your liberty bond for some
thing Just as good or better see your
banker about that alluring prospect be-
fore giving up the bond. 1t might be
good idea to call policeman even be-
fore calling on the banker.
Central Savings Directors.
The stockholders of the Central
Savings Bank at their annual meet
ing yesterday elected directors as
follows:
w. w. Adamson. jr.; E. ]. Ayers. S.
Edward Beach. A. c. Bobys. f. W.
Burgess, D. Edward Charge. A. w.
Cummings. I. c. Foster. NJ. r George,
Chancellor F. King. J. H. Lawrence,
Thomas e. Moore. w. E. Mooney,
James T. Newton. jeremiah OConnor.
NJ. L. Robey. Louis Rosenberg. Monte
Sanger, w. Nick. Stowen, Edward
Voigt. jr.; Oscar r. Weber and Sam
uel Goldenberg. 1t was a reelection
in each case except in that of Samuel
Golde nberg. who was added to the
directorate of the bank. The direct
ors elected Louis Rosenberg vice
president in succession to E. w. Brad
ford raSipnpd