Evening Star Newspaper, March 28, 1922, Page 25

- advance of this credit, it ia af . 1 3300 Mexico Oil 400 Mouniain Hutterick. Suxon Motors. FINANCIAL _WASHINGTON, D, €, TUESDAY, MABRCH 28, 1922 FINANCIAL h e — = BOND AND CURB MARKETS. | NEW YORK STOCK EXCHANGE |7 i = - L ot - ) é A v JNYEATNENT YIRS DSURANCE 2 J : : ¢ Received by Private Wire Direct to The Star Qffice. ARy g 2EE B " Capital & Surplus, $200000000 ¥ Bonds. Curb. B 1o O o} ot e axy” st Do e Cothmpia. Code, oy s Reamena cgm) {720 Aucate prm Adams Express. [ [ u Umended Sune 35, 1002, and Auguat 16; 1911: 1o YEW YORK. Mavch 28.—Follewing | Air Redyction. . 5% I&‘G L % é ' BROKERS 1 ..;u 12,8 compleie iisk of tadays tran#ac: | A jax Rubber 1% W% 1% “,., Cash in ofice. Eifl e shoteney Yok T MR ARG 0% Y 0 8 i 158 1 Stocks Bonds 03 uue u..a'n‘n.'.'{.". D “le; Petars loes: Allied Chemica 6 &% 2% ushy rtm:?"" morigages” (irat Men wh mhalt (e . gh, low ard last pr Al ast. T il ] ascrued Foreign Bonds 2% o won't 2 s ) INDUSTRIALS. :lli:(!h imers p o :m g’- B ol a oreign n wills (and not a few are in Chi cal. . 2 ) ES \u'mu 3%, Ao A:"l"él\:::h;l‘ 6% G4 ?:%'“""" an required by 82U15th Street that cinss), wor't lighten . ooe A Bt tigar . Ml W BW% 1oug | Beinge ang e aioasd (Opposite Fhorcham) the sorrow of those left Arfi-nu s 1927 4 Howeh = o at B Total iahilties. w4 6 behind; wont provide Desiatna 0 ¢ bR S o 0| e it pulaes finguried’ Surag e pDicect private wire to Ogden properly for wife and chil- 101% 101% 10K 1004 1084 10434 | ATount. of risk sssumed during . Budd & Co., New York dren; won’t have that sa . sear 1021 65,570.00 : - e o y AmCns iy ) o uee ‘fiflfii‘!fl’;fi,{,’ Ward. % 1% 100 | Tanies sustained diring the il s (established 1885). in the disposition of their Am Cotton Oil. .. . % % 2% | Natl Acme 3 15 ! b property which is the right ‘Am Cotton Ol pf. B B B Write for our market letter. of every man. Am Druggist 3 . L) m“ z-::glukiflull-. € ew @ BER H i P AmEoress. . cLah W U8 B0 | Natl Soanati. o i S e Ry o L]y ied on Margi N A eldawnbys . e hr. . 4% A ubseribed and swi fe his 17th Carris wyer now—and name i o R s ok | 3% 3?'.‘:'4'\'1 b 8, | Am Hide & Lthr pr. ewe 6% 63% &% | Natl Lead. . 4 88 |day "fllr?l'l.lru::),.“”rn ety ccounts ed on Margn a Trustee or Exccutor. such Yisltes Rinehm i 4300 ¢ Amice........... 105 107% 106 1014 filll_flyotll.. % | (Seul. MELVIN A WERTZ as this company. to carry out Tuited Kingdom 3ben = 00 Am International, . 43% 42% 48% @% | Nevada Copper 15 i Notgry Publie. " as i e 5 I'-‘.I;H- 3 AmLa France..... 11% 1t J1% H‘v: ;i‘ ‘: Central. 8% B8 3: u\r olll‘r ‘dc‘;l:hd ent " ouxrl "Im) 3 i - o v OR N - » 3 ependents will then e | i it N¥boar 0 e B e bl OFFlc]_-: ROOMS|| Money to Loan be Fally discharged. S | dfi HH L Amaait.. . NYO& Westi ol 310 a3 dawl .FOR RENT i ORI Bl TR v S i ad o Amn Safety Rasor. . # | Norfolk Southern.. 19 18 19% | Joseph 1. Wellertss Wash- L. & Trust \ EUNALS 1 Am Ship & Com. Norfolk & Westrn. . 100% 101 wl I 1 Buildi e o 2 ,A_“ Ehipd oo Norih American. .. sy 8% ‘s sl International Building il atio avings rust Co AmSmling . Nothorronts w8 o gl 157813 F RO NW. | ) Am Snufr. % 3 i i i f i 8 Aw Sun el i B 5‘“:‘ Oldest Savings Depository in Washington 3% | Am Sugar. Qiishoma Prog.... %, %4 % ew Very Desirable Year’ Cor. 15th and New York Ave. o8 Taaley o ‘Am Sugar pf Atio Bllves LY % Offices Left Orpheum Circuit. 18 8% 083 | 1100 South Coa Am Sumatra e Dy B I R ble R 2| e A Seimee v, w6, Th| Ressonable Renta 23 Am Tel & Teleg. e fi:é :m ?’:‘“"‘(5 Owens Bottle...... 814 81% a% Mcxgever & Go“ Without m Tobacco (B) Pac Development... 9 ™ 9 9% R ™ & % ental Agents Am Tobacco pf (n):101% 101% 101% 101%) ., = o - : Loss EAE Amoaeeegmt ) ' Y | Lo gek BT e iy ow )] 1405 Eye St Main 4752 e In an advancing market m 8 6% pf. . BW Pan-Amer P . 824 B3V 24 BaLy e 014 . Am Woolen. ... o% &8 SR TA ! i | 1000 Wi et 1 Amzine & Ledd: Famaens B2 wt g @ £ BROKERS AND SALESMEN!| Getting to Work K and accuracy 4.4 Am Zinc & Ld pi ) i o handle N, erre company inke. . -l e ‘:,Tm: .:‘um OILS! f"““:““’,;" ":ee:;'l:f-::l‘}g:t'eel- 8 Aply HARDING & SONS Segal bidg.. Putting your money to are essential mgood brokerage service 14 -, X Ann Arber P G == . 5 i i 1 e i ;‘:‘-’;":m‘n‘“:’“ Aun Avbor bf. oo Mare e work “hege ¥ ‘t‘l‘“ do rflli i Prompt, accurate handling of your transactions in 10414 e £ Phila Company . . most good 1s the sure New York Curb Exchange stocks is a fundamental | Eniitioe o David F. McConnaughey I gz i 7 hasten prosperit; ::S:":::" pt | :-“:m“”:“e Ualimited Pul“l I"ul.l'“l‘x!l‘é”mlt Loar, ;:Ipl:\og tz) I”L‘]IC\E (h>t i of Jones & Baker joe 2 3 roe- L . Jica oty Atlanta Bir & AU, Pierce Ol .. SRARtoy Resl Fetap ressure for living accom- i By the application of d blnkmg and commercial ;‘{:{‘"::ctrfi‘ Ry Pitts & W rnodauons in Washington mzthpds to the brokerage business, in ten - this i 1095 INDEPE: antic Gul . Pressed Steel : organization has reached first rank in its field in servic ”:z 00 A 105, 10% 103 | Atlantic Refpf.... Public Serv of N —helping to erect new and financisl strength 2 @' 30° 30 |Atas Tack. Pullinan Co. WAN h th g # & @ |AustinNichois. ... 3 Punta Alegre. ANTED buildings—is perhaps the Ask for booklet Austin Nicaols pf. .. 8 Pure Ofl. 2 best you can get E = 3 3y 3% 3% very best way y g "eA Great Organization Bui Service” : "B '3y | Balawin Loco. 10m% | Pure Ol 8% p STOCK sAmMEN into the game, and you do lt on i3 Balto & Ohio. . 8% | B2y Con Copper by lending your mone Vonry 9% of s asiiptors It 43 Balto & Ohio pt ... . 86 8% | foading. T s0 Ry denging y Y eocs from akd customers o oa™ | Barnesdal BB B m $o1 | Reading od dispose t‘!f high- at 7% First Mortgages. S B % %" | Barnesdall (B). ‘ Remington Typ grade manufacturing NES & DAKER 83 o3 Beth Steal. . L] 6% 66 65% Re) 114 1% | Beth Steel (B) W% % 0K T m{’,’i’.‘{’.fi i‘?l';. : stock of new enterprise. In Amounts of $250 and ull Baltimore Office Members New York Curb Market Bt Sell‘:hs;flelhi's'?'p: 2 l:z 32‘6 l;‘v‘: ’:"f Rep Motor Truck. Only highest type men i 7800 00f sheries. .. } J Kew York Chi 18X | s HAES : TRt IR R LR cansidere. B. F. SAUL CO. BAALT 1 ner Petroleu BRiyn Rapid Trn... 184 18% 17 7 Bkiyn Rap Trotfa.. 1% 1% 1 17 ot doseph Lead Address Box 83-A, Star Office Mortgage Loans } Bkivn Unfon Gas... 88 8 92 % |5t 1,& Sun Fra. & | Brown Shoe. % W 206 4T3 St Louis Southwn. 1412 Eye St. NW. i Burus Bros (2 126% 1270 1:6% 120 | St Louls Sown pf. . A { Burns Bros (B). Santa Cecilia Sug. . Main 2100 | Savage Arms. . i Rinelair 748 |ic 1st ref. 48 Srathers ';'::Iflr ov. ds 1970, Southern Rallway gen. 4s Southern Rallway 1904 Wilso & G * SHORT-TERM SECURITIES. 14, Ufer. Alumiaum Co. of A, 7s 1925 1025-16102 8-18 Amer. Tel. & Tel. 6s 1922.. 1009-16 1001116 Amer. Tel. & Tel. 6s 1924.. 1011-16101 3-16 Amerien Thread Co. 68 1923.. rican Tobacco Co. 7s 1 American Tobacro Co. ;5‘ 1973 Anaconda C A::le-lnn sn BT Aerhichem, Seeerzs 05 Pacific 6a 1924 r"n‘fn'l“ln:uun 6s 1927, Bears, Roebuek Sirciair Consol. OIl 7 Bonthwestern Bell 7o V. 8. Rubber Co. Eleetric 7s 1825 107 Western, Blectrle e idsi. doa® ioex TREASURY CBRTIFICAT! + ——Ngon.—— 4+ 16 101 3-18 43(s March 15, 1926...... 101 11-16 101 18-18 4%js March 15, 1923, 1100916 1001116 ———r ¢+ FOREIGNERS BUY BONDS. NEW YORK. March 28.—A factor in the present bond market. of ne small tmportance, is the forelgn buying which has come in, particularly of new issues. and investment bankers may that they frequently have re- ceived orders from investors in half a dozen countries on the better grade of recent issue: Bankers express the belief that the cause for this re- entry of farelgn money into the American market is the fact at America now presents the ' sa place in the world in which- te inve: The fact that recent new efferings in London have been heavily aversub- scribed leads to the conciysien that some of this overflow may have seeped into the American markets. So far as the stock market is con- cerned, houses with international connections say that a stock order rarely comes from abroad these days, and that most of the buying to be of the strictest investm sort. BETTER CANADIAN 0UTLOOK. MONTREAL, March 28.—A more op- timistic feeling is apparent in the ve- ports from all parts of Canada on busi- ness conditions, says the Teport of the Royal Bank of Candda. In the eastern provinces, particularly, is this the case. A fairly large number of manufactur- ers are experiencing a. slight revival in business, tae impetus of which is ex- tending, in some measure, to the Whole- sale and to the retail trade. Iu the ‘West the movement is not o pronounced. The period is one of transition. e ey . .BRITISH LOAN TO POLAND. LONDON, March 2§.+—Of the Palish credit for £4,00 0 just arranged in London, it is stated that £1,000,000 ‘will be used for buying raw materials in England. In conngction with the ed that Polish finances are making sat factory progress, that taxes are co: ing in well and that the note circul tion is no longer expanding. Last autumn the rate for Polish exchange on London wu ,NO marks per pound nlnce thea Broppe’ie 15b00. fati ori b 0ar°'“|3.': proceeding ud-hct 3o the Finlagd go 1) National Oi Caddo Ol .. Sears Roebuck pf. Seneca Copper. . Shell Trad & Trans. 8914 Sinclair Oil. flu-;uhegnlt Southern Pacific. 0% T W% 7 | Southern Rallway.. 21% EQUITABLE Co-Operative Building Association First Trusts On Washington, D. C., Real Estate I An Investment “ji% | Gantral Leathe 31 | Central Leath pf. 4 108 108 10% : ‘e e . Certaln-Teed...... % % &% &% | g0 o po el R adiCwainTed . st | Southern Ry LU s French Cities Oraanised 1819 424 YEAR COMPLETED Assets " ... Surplus .. SYSTEMATIC SAVING —a little saved each pay day will make life worth while when you are no longer able to work. Subseriptions for the 82d Issue of Stock 3 & & IChes&Ohia. Cluae & Oiia 6% 0% | Stand Ollof N J. - : 6% 84 8% 5iand OIIN J pf 400 We il 5 : 1000 TBI 8 0 19 19 |Chi&Altonpf. n o1 u, Stewart-Warner o i Cal & Kastn Il 2% 21 2% | Stromberg Carb. AL et Chi&EastnIipf.. 4% 42 41 42 |Studebaker... 200 Rig § ChiGreat Westrn.. 7% 7% % 74 Sweets Coof Am.. 4 ChiGreat Wpf..... 18 184 i8 18% IChiMil&StF..... 2% £k 2% 22%|Tenn Copper.:. [ChIMil&BtPpr... 38 8% % %! Texas Company... 4 Chi & Northwn . 64 70 |TexasGulf Sulphur €l 41 0% 40% | | Chi Pneumat Tool.. 8% 6% 68% 9% | Texas & Pacific. % i ChiRI&Pacific... 3% 39% 3% 39% Texas& PC& O ChiRI&P6%pl.. 7% 78% 7Y% 7laiThird Avenue Chi RI&P 79 pf.. :;u 9% 1% 9% | Tide Water O 6% External Gold-Bonds le—Due 1934 LYONS—Next to Paris as ' a center of finance, trade and manufac- lunn MARSEILLES One of the greatest cea- ports of the werld. BORDEAUX — Important commercial and in- dustrial center, —that frees you from worry as to safety, annoyance as to collections or other details, and the necessity of follow-up of stock market or business conditions. 100 Copper Canyop. 500 Cortez Siiver. 1000 Divide M!»nl 700 Dolares E o EPEh T %% 36 |USCastirPpf. 6% 0% B55% B66% | U S Food Prod. U S Indus Alcohol U 8 Realty. u ¥ § Cosden & Co. Crucible Steel. Crucible Steel pt 00 Stewart Mining 9 E Cuban-Am Sugar old C::la(}(;:lwr e :: :" 16% ;Dbflcuo Prod with one of the Belng Recelved 3 't | Chino Copper’ rans Contl C i g %g::m‘l‘\_llvm m- u‘, 2 2 | Cluett Peabod: 0% oW ?_:::u‘hrhn in M sz'so Per Month Coca-Cola. o% o Sl 4 Per Oent Interest Colo Fuel.b‘ : z Price yielding about G Colo & Southern. o ESoueT e o v 7.65% EQUITABLE BUILDIN Columbia Gas. ... 8l% &% O The National City Company 915 F St. N.W. Columbia Graph. 3% 3% United A‘lloy Sleel. MS 0% 50% 0% Washington—741 15th St. N.W. JOY EDSON, Pi Columbia Graph pf. 18% 13% 13% 1s | United Fruit. B w1 w7 i oy e W JOHN JOY EDSON. Prestdent ConsGasof NY... 103% 110 106% 110 |United Ry Inv n o ou on | elepnone:=Maln, 317 FRANK P. R Secy. Cons Intl Cal Mln. . 6% 6% 6% 6% United Rylnvpf... 20% 305 B29% 30%: Cons Textile. . 13% 1% 18% 12| United Retall Strs. % (516 % %! Corn Products. ... 18 100% 04 104% USCastIrPipe... 35 MW 23 84| MONEY TO LOAN = I by 2 i 228, FE ON FIRST MORTGACES The Safest Investment on Earth. De Beers Mines. : Del Luck & Wstn BONDS. Detroit Edison llied Packer 6s... 71 kil 71 | Dome Mines. .. E AT CURRENT RATES OF INTEREST a ‘\;lngdlli:nl:cu:ml.. 3 #% 8 i A .?...l Y j00y 108y ValronCoal& C.. i (4 % £ ] 3 Utah Copper 400 Tonopah Divide Cuba Cane Sugar... 16% 16% 15 i 100 Tonopah Mining . 1 {Cuba Cane Supf... 33% 34% 3% | 800 United Eastern . . : Davidson Chem. ... 3% 50 63% U S Steel pf. { { ] § g35c MR. INVESTOR : The holder of our First Mortgage Notes mever wor- ries about his income. OUR MORTGAGES NEVER PASS DIVIDENDS under any condition. The interest check arrives regularly without further attention from the investor, and our con- servative method ‘of handling them makes certain the pay- ment of the principal in full. Phillips’ First Morigage Notes assure you SAFETY PLUS AN UNINTERRU!;}'EC? INCOME. A Al el ight & Tr e 1004 1063 1054 | mlec Stor Battery.. 151 15T 160% 1573 valrC & Cokepf.. 69% 6% 9% 69% }cl t Tel l- "‘C lll 101 101 Elk Horn Coal..... 20% 20% 20 20% | Vivadou........... 9% 10% 9% 0% Tob _Ts :E& ‘Endiocott-Joanson. . :fli % 8% 83% Weraey abash...... !l Efl. 1stpf. Wabash pf (A). ‘Western Md. . mm FamousPlayers... T% T% 7% 78% | Western Pacific. 198 | Fed Mines & Sm. Western Union. * rea Mines & S pf. Westhse Alr Brk Westhse E& M. y 101;1 m.n.rnolovt Wheeling&LE Fisk Rubber. White Metor.... nu Y Freeport Texas White Oil.... 1 m" Gen Am Tank Car. . :% % % FREEEE >E= “i o Landall K '.7{?7:10: &G D:’g! g g2z 2 £ Wilson Company.. 39 Willys-Overland.. 7% ‘Willys-Ovld pf. $100 $250 Ask for Descriptive Booklet William S. Phillips rauBrzanmentReE8EEamnmm Woalworth. . The.Thesaurus of Investment L T l:;l‘ Gen Motors. . W% 10% XB’ 104 Worthingts "i' Foanetots Cop 6. 100% 103% “,-.,A o LS b Wk W4 W% | Worthinkton (B).. & First Mortgage Investments. e i f1m L IR IR Gty oy o o 1409 New York Avenue Py Mo K e e ‘.,, | Great Northern pf.. 71% T1% 1% % 3 I ortgage e 1% ’"' Great Nor Ore. % gl 6% 164 # | Guantanamo s % I 1k k| 11am. The word - MORTGAGE is a 987 | Guif States Steel... 6% 7Ik 6% Tom| ZPm- combination of the Latin words MORT, meaning “deul” and L GAGE, meaning lelle"’ literally “death pledge.” Ac- Enbiabamwcabie BIG CROPS AND PROSPERITY. CHICAGO, March 28. — George E. Your First Considen'mon Marcy, head of thé Armour Grain mean prosperity. —_— B. .& 0. DIVISIONS COMBINE. Yourfi&tma‘deflfioniltomdummy\ you have worked hard for. the preperty was taken away - thnnz'vmmd 80 was “d.d to him. If he did pay, i A & and Ours confing o the od interpreta- i R g e ey S s »; tan of the aw, if the deb( was b4 3 | has never falled that big grain crops not paid on the day it was due, ¥ ¥ 28222845 QR REAEZLE oy~ Intl Agri Chem pf. . 't & an & Op _ NEW CASTLE. Pa.. March 2§.—Con- o i Tea Tok Combastn ing. 36~ fo 36 o solidation of tne New Castle and Our first consideration is to protect our record of then the pledge was “dead” to e Lol Harvetes 4 4| 2o "Ohlo raad, with diviaion hesd: : ; ; the holder of the mortgage. TS N A - ‘Oais | Intl Mer Marine.... 1s% 15% 1% 1aa | A0S QR0 PG WIGh Jlvision heed- - no loss to any investor in 49 years. 2 jnchester oo a B otor Trucl * FOREIGN RONDE. . InlN % W (004 |- Shesanselisatian will reauls in one In protecting your money we are protecting our Down through the yw" faith, interest and 151 Argentine 7ag3, % W | gions of the country, It Is said, the pro! hF A confidence ip. mortgages have grown until a 82 Ruesian 8100 Intl Paper. ... #4% 6% | basis of which is the main Hne from record, so that your first consideration and ours are 18 Russlan Sis Invincible Ol i da at Willard, Ohia, to tho ortg: on improved real estate is one of the (e T Tran Products. T 2ok | New “Gantle Tanetion a diatence of the absolute safety, with pt pa t of n AKe Island Oil. .. 1* 1| 147 miles. . The. division will have | sames prompt peymen most popular forms of investment known to sen- CANADA'S PAFER EXPORTS. | oy o = | o0 empioves, 460 locamotives nd interest and principal in cash. SN sible men of affairs. MONTREAL, March 35 — Canada’s | Jowel Ten of “ & = s exports of pulp and paper for Febru- | Je Tea... 8% 9% e lva rm Ao fi:“?fi Gl e wh e Jflhunyls mezflmg. 2 Our 74 First Mortgage Investments are secured t:y O‘OclgR nn‘t mort:n es °.T£'§d§e‘.‘11}; etkl:"e glr;i fl:d::: d with $8.831,480 i v 8as & Gulf Co.. & Ul el., March 28.—A hen mved inco produun lmsmmw nservatiam TROGRAIS In February, 1551, News | KAW SPINETI| G4 e @4 Wh\oianging to Handy Culver, near Dol *op of Wi b ¢ S most modern methods, and insure you nfoty, un- rint exports were 70,729 tons, z heel 2 mar, recently lald an egg measuring SR i TR T e LA e S S i Blman remmer i op st § bews of Washingion, “ failing interest, and prompt. payment of princi- exports amounted to 43,519 tony, val, | Keystone Tire. i8% 1% 18 | The egg way broken open and within ~waiiaid: Write for full mformation pal at matunty ued at 32447488, co’mnired with 62 “""‘r”tgg§~~l m“ m ;:“ the large shell was another hard- £ % . 006 tons, at $3,454,015, in Ja P shell egg covered with the albumen i pary and 18, f_:l‘:;na"v;?lue‘rl'::pfl 28 | Lackawanna Steel. @y @% @ 4 [of the larger egs. The small esg NO LOSS TO ANT INVESTOR IN 49 YEARS You can ask for no more for the investment cxports showed ‘s toial of 95,459 |LakeErle& W..... 16% 1 04 li|wan in perfect condition The hen - of your money. cords, compared wi(h 66,094 in Janu- | Lee Tire & Rubber.. 32% 83% 8% 2% |died shortly after laging the massive 51t wry and 195,037 In l"almlry. nn. Liggett & Myers. 18 158 | e8E-. & E The distribution of paper Lima Locometive. W 10 | ’3 ¢ WM the United Kingdom, 3198.050; Uniteq | Lima Loco b w6 0% . 25 Iears States, $4,782,042; other countries, | Loews Inc. .. % W% fie . Il MITH MPANY Loss to an Investor ; 3619730, and of ‘woed pulp, to the Dhited " Kingdom, = 366, 682; United hlm“ ln:mes. gg;-'a..'. 93,840,920, other countries, Louis & Nash Younded 1873 | : FIRST MQRTGAGE INVESTMENTS eTEs T [ Manhattan Elev.... 4 1% W% 0% BAR SILVER QUOTATIONS. |ManhattanShirt... @ 4o% aw e || 4tk 4. o pEW TORK, March 25 — Forelgn | JRSCiOi oo 0 o i ek ND COMMISSIONS OHARGED. - ”l;: ::;l : Mex ;:n{.:xrsl’::&- fl:;::::g:g;"z’ {: :” a ,‘m Bends Bougt 1a A1l Denemisations. 1414 EYE STREET, N. W, T ounce; money, er cent. = 3 |~ Discoynt ratea—short bills, 10”‘. Marland Oil. 3% ?l: % B RN, EXFHA{{(]B C.-‘l;l‘.”; ree mm- bills, 33-1 Mariin-Rockw oy UH UHE Hours, 8 am. te b pm.