The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-11-20
ROOSEVELT PHOTO
ON new FEDERAL
SIS CERTIFICATE
Treasury Savings Issue
To Be Placed on Sale
Near Years Close.
OTHER LOCAL NOTES
] eunt Pleasant Association
Buys Apartment Houses;
Gas Earnings Larger.

-aeodore Roossvelt's portrait will
appear for the first time on a gov
rhment security on the SIS denom-
ma tlon OF new issue of Treasury
savings Certificates which will be
pIaced on sale toward the end Of
the present calendar year. This
new issue will be a feature of the
unlned government savings plan.
Whlch Is now being developed by
lhe secretary Of the Treasury and
the postmaster General, and which
will be announced later in greater
uetall-- The 800 certificates will
bear the. portrait Of Washington,
and the $1,000 certificates the por-
trait of Lincoln.
Thls announcement was made by
secretary Mellon on October 81. the
slNty-third anniversary of the birth
OF Theodore Roosevelt.
me new savings plan, which is
oelns worked out by the Treasury
ana the Postoffice Department, Sec
rsery Mellon said. will combine to
the pest possible advantage the IA
keliltles of the Treasury and the
oStal savings system, and will be
sIshed TO promote popular saw
hss ana Investment in government
securlties- In addition to it's eff
deposit of small savings in Postal
savings. the government will con-
Inue to offer Treasury savings GER
uncates in popular denominations
as safe and profitable investment.
Inc November prices OF Treasury
savings certificates, on sale at post
ohces, are as follows:
Maturity Value Selling Price
40 Cerlncate.. S2l.10
Il FIoO Ieruncate.. -.---... SS4.40
$1,000 Certificate. sS44OO
Local Securities
Shares were extremely active on
the Washington Stock Exchange
during the closing session of the
week yesterday. Street Railway
shares. as usual. were the stock
features, with more bank issues
changing hands than for some time
past
Capital Traction stock sold to the
extent OF lis shares, all transac-
tons being made at 90. Washington
Railway and Electric preferred had
sales aggregating seventy five
shares at ssh and 65A with the
common issue selling at 50. Lanston
Monotype sales amounted to thirty
shares at IN.
Stock OF the American Security
fnd Trust Company had sales
amounting to sixty shares at 22O.
while ten shares OF Washington
Loan and Trust stock sold at 267.
A. L. b. Meeting.
Edward l. McQuade, cashier Of
the Liberty National Bank will b.
the principal speaker at the Ele-
mentary Class. A l. B. session next
Tuesday night Mr.. McQuade will
lecture on Promissory Notes and
Discounts. Collateral and Mortgage
Loans. taking in every phase OF
this all-important topic
President waller will preside.
Mt. Pleasant Activities.
The Mount Pleasant Building and
Loan Association has bought.
through the real estate offices OF
the Cissel Talbot Company. the
two family apartment buildings at
1921 Fourteenth street northwest.
which. after extensive improve
ments, will be used as the future
home of the association. This
Mount Pleasant organization, while
still in its infancy, has Outgrown
its present quarters and is COM
PEELED to seek more commodious
quarters. Its officers are Fred
eElCk J. rice, pItSluSIlIs LII. OSheCd
s. Bain, vice president; harley v.
Speelman. treasurer, and Adam H.
Gaddis, secretary.
In October, 1920, the company re-
ported a deficit OF s26,124.25 for the
months operations
Gas Earnings.
Gross earnings of the Washing
ton Gas Light Company for October.
xhfs year amounted to 1868, $50.
Yxpenses totaled S291.23S.11, leav-
ing a net profit of $4,000 in Sep
TENDER.
The officers are supported by a
hoard of directors of some of the
most progressive business and pro-
fessfonaI men OF upper Fourteenth
street and its vicinity.