Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-30
s PER CENT MORTGACE
BONDS BEST SECURITY
Price Of Money Lays Definite OBJ
struction in Way OF Build.
inS-Whcclcr.
PUBLIC BELIEVES IN REALTY
Citizens Will Return to Real Is
tate ~ Invest ncnt-Only Led
AStray by Higher Returns, Says
EA-i'rcsitIcnt 1. =. Chamber.


Address delivered by Harry Il.
Wheeler. ylcc-pr, sidout of UmioiI
Trust Company. OF Chicago. ANA Tor
MGR president OF III" United states
Chamber of Commerce. before ChICa-
80 Bu!ldiug Conference:
BuildluG operations cannot 20 On
wiih 10. 'HpIi.i that men nav" 81
-" own with wh.ch TO conduct A..
country Few buildings axe CON
srrlot.d without tho aud of outside
capital Fv~ buildings Viii Boz" con-
strur-rd without that aid. supposed
Is Ia the paai m.u could borrow
money al a rate that would max" u
proulHul, FOR them 10 DO so hecaEs"
The ,Irnlus power OF tn" n.w strnr-
lNrg 'nHt they ""re building would
make % possible 20 iuCrcas" tho M
t"rrst UHVn th"!r own contribution to
ihai nrpJ'Ct toy having AN earning
power mat could b. greater than tn,
!ni"rcS, rate they had to pay and
,"nseGu'nt, il bt.'ln" Il habit -
i.H Win our hnliaIuE project ana
ihen gather from pIDile sgurccs AMI
tram D!lya," sources having money
10 loan. funds Tor til. remainder vi
am convinced that Ia tho price
~ m"ney lac Il definite and posi-
SUMPTION 81 building operations.
Arl thh' SON may nuh as you study
t"ia project Una, "a IN" price or
money ana ga The suppiy Of money
ina; ,uuy 10. rnd. aviljlabl. for Guild
lnr operations. Hes Tia. on" great
iHnhameula! fT"m which ness start
"r"Ii"""h." Did Va, "Lrnd."
Money rates for building purposes
s.'3"'H ID. hnN"h," iAi" and ala
,I i'"l nat 'i.lo, Aud money rates
l"f bii!"lHG purposes VIII follow IN"
'Iii'ni rat" down ANA viii not Lead.
'' mol .lF' Z" hc r. EhFIri as o.
'T''.o-.m FOR ia" m"n.y rates
"Iy an the things as 'hoy ar" and
"',',"' w D'"ndo'.,'E 81
h'W s."f. IN ~" matter
If cIsapar m ug, II y5 nf i rr@.
ii'" s",ir .HF.utorF .aiurs ard
our Eo"dh mivh beio" the price
S". "r. S'...hE th'w today D.
.ppr'aiIo" 'Surnt con-, down. IL
"'t non MI. r"' COM down. IL ait
,ilHse other funhnnen'el eonslI"ra-
ubtF"tvn at" staiipnhr,. and ig your
none IS going L" be stationary md
S".' ND! u CONS /" 9" station
.tS Ii'n YOU lay" 10 make plIu TO
~" public ma, tnor" aro 40 NOR, re-
AUCTIONS 90 %, iaJ aud that s, Ia ar
N.t. =" "'- today as tpulrruH ur
.raiioi.s, dr. 1h.~ v,il' nH.iH'ns 'p-
'H' "HiiH.r lhi 'H-N the fIrt that
'."'' NIL remain al tne.r present
i't-A
~ on in" oih"r hand there is AN
''i' 'a.r" mag b." q lp"-
."' A.''n.iion nlatrriaIs
..f-.Il. 'n" NOR"
money aiI lower price for labor.
.-'t YOU s." t"i I" iIid thc Key iAat
w. "'.'.t MAJ huoi "heh Wlli h.-
'.H', ~" yIrlAe ,hti levels
~" iu"H" mat axe stable ANA
- 'i 'i" an" ~ d"iintlon
~ I't, ~ ridr" ANA WHN" !ls po-
...N "h'" ana !uNIt" tines" other
~ 'H''i ihS INTO construction
:" ''.i' :" 'Ar ''E'i which VIII
'' s''"., ana yDruan"ut.
fr'" hi>"r~nl.
.'' '.''s 'H' universal that !
nv" '..". .AL "' 81" apr.led and
'',,. "''E i' ,. i"' W"u"H price.
,," hu3" '"Ni C1.hr"r money
,"'. mo. V hDii rates ar"
','' 'itH'. .Nlr"iS are offered oi
,i"l i'' tHtIa"tsr none:
10. t'''"' '-E ny preference"
N"',. -'-pA s""=
- '-."i'iS " here in"!" IS
''' ,t.L ""'In o." rdid for
.ti'.H' ,."s'' uc'ph ln raiI'"ah
'iIl..ti,'.t,rt ~. r"tiFnhi n"nts.
-, H. ,' "y'',s o' notes or amy
KIN "H!os'!e ana Tor
- 49,. t.ti '"h 'N!@'H YOU
'tr.,.s 49,, ga. when Wpu.i
Tn,drj .Fi,..,H u" con. irueton.
mi /, M, r,.'13'", ~ l''..Ia ma
-, - tN'' t',N t@'N'N[S thht
,-C ,.",'.'t f.i i'' 't' RETURN
H. ,.''f, 80 M, '"i i!'hi'r opera
~" arr rested
,.,, '''t 'i"i' wil!
I'm. I,r,,,, s,,,i.'-! ~ 'H'"'E an"
,5,, ~ l,,;.;. u" tl' r.Siprn
go,lu:ry >n,, ,,b.,' LII !u 'hl%
urp IN.U ,br -, 1870 T"''S
,-it,l,in,, rrssnrs r,,' ,'''HS ~
Ia H. l.aG.,.I mir, 80 PIX '!l"i
Rod OF tho var ana tho linz HI, be-