Evening Star Newspaper, January 28, 1923, Page 27

i WEEKLY BOND SUMMARY FOREIGN GOVERNMENT, STATE AND MUNICIPAL. ) 923— P ~—1922- High o2t Low. [ 101% FINANCIAL.' Argentine 7s 1927 Belgium 7128 194 Belgium 8s 1941. Belgium 68 1925. Bordeaux 68 1934 Canada 5%s 192 Canada 5s 1952 Chile 8s 1948. Chile 88 1926. Chile 83 1941 Chinese Govt Ry Gs 1951 Copenhagen 5zs 1944.. Czechoslovakia 8s 1951. Denmark 8s 1945 Denmark 6s 1942 i Dutch East Indies 6s 1947. Dutch East Indies 6s 1962 French Govt 8s 1945. THE. SUNDAY, STAR, Week’ Price Range New York Stock Exchange ~—1028— Rate. Alr Reduction.. Ajax Rubber. Allled Chemical Allts-Chalmers. Am Agri Chemlcal. Am Bosch Magneto. Am Brake Sho Am Chicle Co. Am Cotton C11... Am Cotton Ol pf.. Am Druggist Syn WASHINGTON, D, C Low. 4115 17% Div. Iron Products. Jewel Tea... Kansas City Sou Kan City Sou pf.... Kayser Jullus...... Kelly-Springfield. . Kelsey Wheel. Kennecott Coppei Keystone Tire. Kresge (S8) Laclede Gas. Lee Rubber.. Lehigh Valley. Lima Locomotiv JANUARY Week ending January 2 27, 1023. Net. High. Low. Close. Chge. i 17% 193 54 4 4814 101 PAR AGTIVE AND FIRM Copper Steady—Better De- mand for Zinc—Lead and Tin Higher. - By the Associated Press. NEW YORK, January 27.—The mar- ket for steel continues active a firm. Producers are well booki nd ed F Dean, Onativia & Co. | 11'Wall St., New York. | Expert and SoundAdvice | On All Forms of Investment Statistical information. Direct wire connections. Prompt, efficient service. Members New York & Other Exchanges | R e ST MARKET FOR STEEL MONEY TO LOAN (FIRST TRUSTS) W.Groomes, 1416 F St. | “We will” —have ready for delivery in about ten days a limited amount of Gilt Edge First Mortgages Investments In Amounts of $250 Up Make your reservations now. The opportunity to get your savings invested on a basis of Loews Inc...... Lorillard (P) Loose Wile Louis & Nash Mackay Cos. Mack Trucki Macy Co. Mallinson Manati Sugar Manhattan Shirt Market St Ry ptlor. Marland Of1. Martin-Parry. Mathleson Alkall. Maxwell Motors A.. Maxwell Motors B.. May Dept Stores... Mexican Seaboard.; Mexican Seabd ctf Miami Copper... Middle States Ol Midvale Steel...... Mo Kan & Texwl . Mo Kan & Tpf wi.. Mo Pacific. . Mo Pacific pf. Montana Fower. Montgry Ward Nash Motor: Natl Biscuit Natl Enameling. Natl Lead. .. Nevada Copper N O Tex & Mex N Y Central.. NYC&StL. 7% interest is rapidly passing. Chas. D. Sager 333 Fifteenth St N.W. Loan Dept. Am Expre: French Govt 7%s 1941 . Eine e Am Hide & Lsa pt. Japanese 1st 4148 1925 4 Japanese 2d 414s 192 Japanese 48 1931 Lyons 6s 1934.. Marseilles 6s 1934. Mexico 55 1954. Mexico 4s 1954 . Netherlands 6s Norway 8s 1940. . Queensland 7s 19, Queensland 6s 1947. Rio de Janeiro 8s 1946 Sao Paulo, State of, 83 1936. Seine, Dept of, 78 Sweden 6s 1939. Swiss Confed s f 85 1940. 113% United Kingdom 5138 1929. 102% United Kingdom 534s 1937. INDUSTRIAL Amer Agri Chemical 71 Amer Smelt & Ref 1st 5s 19 Amer Sugar Refining 6s 1937 Amer Tel & Tel cl tr 5s 1946 Amer Tel & Tel cl tr 4s 192 4 Anton Jergens cv 6s 1947 Armour & Co 4158 1939. . Atlantic Refining deb 5s 1937. Bell Tel Pa 78 1945 Bethlehem Steel p m 5s 1936. Bethlehem Steel s f 63 1948. Brooklyn Edison Central Leather 53 1 Cerro de Pasco 8s 1931. Chile Copper 6s 19. Chiie Copper 7s 1 ahead, which gives assurance of ac- tive production, especially as further good orders are in prospect and some export inquiries have resulted from the poltiical situation in Europe. In a few cases prices have made slight gains. Pig iron is firm, but the de- mand Is quleter owing to hesitation on the part of buyers on account of tmproved fuel conditions. Copper steady, although there has been no_special improvement in de- mand. Occasional inquiries are re ported from domestic consumers, but they appear to have been slightly he» low sellers’ views, and have resulted in comparatively few trans: l\mxl while export demand is still restrict ed by fluctuations in_exchange or political uncertainties. It seems, how- ever, that the demand has been suf- nt to absorb the small lots re- WASHINGTON OFFICE | Main Floor, Woodward Bldg. Phone Main 2040 13436 + 1% 18 +10% 66 8% — 1% 3% — % 413 + 3% 8%+ ¥ 66 — 1 M+ U 28 —1 2%+ % a7 -2 16% — 2% 16% 16+ M— 115 27% — AmLinseed.......0 Am Linseed pf. Am Locomotive. Amer Metals. Am Radlator... Am Safety Ragor... Am Ship & Com Am Smelting. Am Steel Foundry.. Am Snufr. . Am Sugar... Am Sugar pf. Am Tel & Tel. Am Tobacco. . Am Tobacco 4B). Am Water Works. . Am Wa Wks 6% pt.. Am Wa Wks 7% pf. Am Woolen. Am Writing Ppr pf. Anacond: Ann Arbor pf. Asso Dry Goods Assoclated Oil. Atchison....... Atchison pf. Atlantic Cst Line Atlantic Gulf. Atlantic Refg. Atlas Tack. Austin Nichol Baldwin Loco. Balto & Ohlo. Balto & Ohio pt. Barnesdall (A). llelalell I 1TBaallaal an Let Your Money Earn We are offering you an investment —not a warux ation. This _issue of Gold Debenture Bonds —$100, $500 $ Nave ot Jears, experience serving In all sections. Write for pamphlet “B" an ferings. £ 3 LANDER & CO., Grand Forks, T | l | | cently offered at concessions. Leading { produ are holding electrolytic for Available to Buy Good nts deliveries, and are sald to ‘ be expecting a renewal of buying by l T ‘ makers of rl)HPd and drawn produc of 1,2 & 3 year maturity; in_the near future. _Tin, firm, account scarcity of prompt monthly pay- ments. Private funds. Herman Schmidt Pr* balk at the advance .mu a slight 729 15th Street | reaction follows. d Main 2611 8L 104% 118% interest, terly. 'But one’ feature. Bonds pa With the fssue Certifi- cates ntitling the pur- chaser to’participate in the prifits « n possibili vield. We shail be giad to arrange as: s on Lead, strong and higher, with con- sumption showing no abatement, ex- { cept such as due to labor shortage and traffic hindrances. Zinc is firmer, with a better inquiry trom both domestic and export] sources. Antimony firm and higher, with buyers for both prompt and “future deliveries. SHARP DURANT BREAK WEEK'S CURB FEATURE Mining Stocks Heavily Traded in, Several Issues Recording Declines. 5 B ] . If you have money to invest, we can safely place it on gilt-edge first Mortgages. Our record of 30 years insures your protection. Courte- ous treatment. gives the details or annual (AN TR e 1IN e misa L1 EH ey Commercial Loan and Finance Corporation Bond Departmen:i—Room 200 Phone M. 72 921 15th Street N.W. 12 LIRS Cuba Cane Sug cv deb 8s 1350 Detroit Edison ref 6s 1940. Du Pont de Nem 714s 1931. Duquesne Light 71:s 1936 Empire Fuel & Gas Framerican Ind Dev General Electric deb 58 1 Goodrich (B F) 618 1947.. Goodyear Tire 8s 1931... Goodyear Tire 8s 1941... 1084 108% | 108% M |.L|~l|1o|-:u-oo.s|||~lw||»u@~:lr§m,| 104 9% 108% 9% ni 110% 93 8y 100% 97's 1028 961 9% 887 %0 834 109% 101% % 82 100 963 8134 + 1% 2135 — 1 201 + 1% 2 + 112 10515 4+ N Y New Haven.... N YOntarlo& W Norfolk & Westr North American. Northern Pacific. Ohio Fuel Supp! Orpheum Circuit Otis Elevator, Ow=ans Bottle PacificGas & Pacific Of1. Pan Am Pe!rol Pan Am Petrol lB) Pennsylvania Peoples Gas ‘ Pere Mafquette.. . Pere Marq prior pf. Philadelphia Co. Phillips Petroleum. Pierce Arrow. . . Pierce Arrow pf. 283 = “BeforeYou Invest- INVESTIGATE" Why Are You Waiting? ago 1 offered to sell ok Money to Lofi Joseph L. Weller 5. bidz. Humble Oil & Ref 5135 1932 Indiana Steel 5s 195 Inter Mer Marine 6s 1941. Inter Paper 53 B 1947. Kelly-Springfield 8s 1931 Lackawanna Steel 58 Liggett & Myers os 1951. Manati Sugar s f 7is 194 Mich State Telephone s 1 Midvale Steel 5s 1936. New England Tel 58 135 New York Edison 1st 6158 1941. NYGasELHG& P 531948 New York Tel 6s 1941.. New York Tel 41s 1939.. Nor American Edison 6s 19 Northwest Bell Tel 75 1941 Pacific Gas & Elec 5! Pacific Tel & Tel 6s 1952 Philadelphia Co ref §s 194 Publlc Service 5s 1959. Sinclair Oil 7s 1957 Sinclair Crude Ol § South Porto Rico Sugar Standard Oil of Callf 7s 1831. %% Union Bag & Paper 6s D. United Drug cv 8s 1941. U S Rubber 18t & ref 58 1947 U S Rubber 714s 1930, U S Steel s f 55 1963.. Utah Power & Light Gs 1944. Va-Carolina Chem s f Ts 1947 Va-Carolina Chem 7148 '37 war. Western Union Tel 648 1936 Wilson & Co 1st 65 1981, Wilson & Co cv 738 1931 RAILROAD. Atchisen gen 4s 1995. Atlantic Coast Line 15t 431952, Balto & Ohio pr In 3138 1825. Balto & Ohio gold 4s 1948 Balto & Ohlo 65 1 Bakto & Ohio cv ¢ Balto & Ohio ret 5s 1995 B&OPIttsLE & W Va 48 1941, B & O Southwn div 3138 1925, Brooklyn Rap Tran 7s 1921 Brooklyn Rap Tr 78 1921 ctfs Canadian Northern 6153 1946. Canadlan Pacific deb 4s Central Pacific 48 1949 Chesapeake & Ohio cv Chesapeake & Ohlo gn 43%s 19 Chicago & Alton 3s 1949 Chi B & Quincy 1st ref 5 5 Chy & Eastern 11l gen 58 1951 Chi Great Western 4s 1959. Chi M & St Paul ref 4148 2014.. Chi M & St Paul cv 5s 2014 Chi M & St Paul cv 435 1932 Chi M & St Paul gen 4148 1989 Chi & Northwestern 6148 1936 Chicago Railways 58 1927. Chi R 1 & Pacific ref 4s 1934. Chi Union Station 41%s 1964 Chi Union Station 6%s 1963. Chi & Western Ind con 4s 1952 CCC&St Lref 68 A 1929 Cleveland Term 535 1972 Colorado & Southern 435 uas auv !l Socel oe " 2 S Beth Steel... Beth Steel (B) Beth Steel 7% pf. .. ‘Beth Steel 8% pf. Booth Fisherl Brooklyn Edison Bklyn Rapld Tran.. Brooklyn R Tctfs. .. Rklyn Unlon Gas... Brown Shoe Burns Bros A. Burns Bros B.. Butte Copper & Z Butte & Superior. .. Caddo Central . Calif Packing.. Calif Petre: Callahan Zine & La. Calumet & Arizona. Canadlan Pacific. Central Leather Central Lea pt : Central RRof N J. Cerro de Pasco..... Chandler Motors. Ches & Ohlo..... .. Chi & EastaIll..... Ch! Gt Western pf. . Chi Mil & St Paul... ChiMIl & StPpt. Chi & Northwn. ChiStPM&Om. Chi Pneu Tool. . Chi RT& Pactfic. ChiR1&P 6%pf.. Chi RT& P 7% pf. Chile Copper. Chino Copper. . Cluett Peabody. Coca-Cola Columbta Gas Columbla Graph., Comp Tabulator. Consol Cigar. Consol Gas. Cons Gas w { A year you units of st DISTRICT GUARANTY CORPORATION The 3 12% 106" uol: {100k et lologaa By the Associated Press NEW YORK. Ja c as naturally at- S dusinicnstic Du- | were acutely un- { esdav, following the | VI\ an points_in at $200 each was 149 too hig 14 !settled on A Others bought. break of mor. 13 Elws!lwl o Durant Mo- in which the t P43 e In October I offered you tne same units at At tha. price the aiaead yield was 12.44% still_thought ft AND WAITED. Many others bought 154 | ¢os of Detan 1|/¥u‘ tions were on on 4 | Tuesday, fell from a high of 81 on % Percy H. Russell Co. S.W. Cor. 15th & “K” Sts. and the Indiana shares £V a reak from 24 to 19. | ElercaOll . & ws » es in one group of { E Plerce O11 pf. 38 1% | stocks naturally unsettled trading in | the Indu\lr!.ll “issues generally un!.‘ caused many recessions in the mar- et. 1In the last half of the week. ! Piggly Wiggly €03+ X% ‘over, there was a reverse mov. From $100 t0 8300 on . C. rem You i TODATY I offer you same 250, at which price the leid s 112 2%. What S Shink T 'FOR YOU TO B MY PREDICT Pitts Coal.. 6L ) Pitts & West Va 255§ + o Postum Cereal. 1213 + 1% | in yesterday's trading, and the 1 Nerage charged Pressed Steel Car. 66 ana shares moved back to 22 Producers & Refin.. 48 Curb market officials stated Room 211. 921 15th St. Public Service N J 905 — Pullman Co........ B + Punta Allegre Sug. 46 + 2 PureOil..... Ry Steel Springs Ray Consol Reading. Reading 1st pf.. Reading 2nd pf... Remington Typr Replogle Stee! Rep Iron & Steel Reynolds Spring. Reynolds R J (B)... Royal Dutch. St Joseph Lead StL & San Fran. StL & San Fran pf. St L Southwestern. St L Southwn pt. 18} — Savage Arms...... 83)5 — Sears Roebuck..... 35%; 924 Shell Trans & Trad. 3124 2 Sinclair Consol.... 42 Sloss-Sheeld. .... South Porto R Sug. Southern Pacific. ... Southern Raflway.. Southern Ry pt.... Splcer Mfg........ Standard Milling Standard Oll of Cal. Stand Ofl of NJ w 1. Stnd. Oll of NJ pt. Steel & Tube pf.... Sterling Products. TION . 104 1005 . 1025 3% No bre 13 % i + 2%+ W+ 1 1135+ 2% BY+2 363 + 135 78 % W4E+ 893§ + 2% B+ % 82 + % 014 + 2% 30 + 14 4~ % 05 + 225 T4 — 1% 53 107% + 2% '"/5— 4 2U- % 35,. - % 137 +18% 672+ 6 1% - % 128 + 3% 3+ 3% |psy 4 10005 + 85| 3524 m -1 |03 1204 + 1% | 42% 543 — 3| 90% 105% + 2% | 303 3+ 15| 6 2% + 15| 22% 124+ 3¢| %03 305 + 14| 62% 304 — 1% | 8% "7+ 24| 117% 12334 + 25| 10774 42 ;| 64 90 69 119 1234 49 65 22 2% 133 8% 5834 8434 5734 1434 138% 6% 8234 16314 14}4 85 32y 2% 25 6834 9544 62 tion' NW. 2 there was no profit_in handling Ger- man, Austrian and Russian securitie payable in currency of those coun tries, because their value was almost at the varishing point and no busi- ness was being done in Mining stocks were ag many issues profit-taking sales in large 3 showing material declines ~ Commercial Business Executives tatement longer you wait the more you will lose. And I HAVE NEVER TOLD YOU ANYTHING WAS NOT BORNE OUT BY DE- VELOPMENTS WilliamBWestlake FISCAL AGENT Washing! 12815 St.n5. i heavily reflecting volume Is vour fnancial plifed so | you understand the exact fina: condition, bam etunl and ‘future, earning ability] Are in doubt or hesitate when discussing | Enancial requirements with your banker! Do you know what line of credit your statement Justifies asking the banker for and getting! | Are von getting the credit accommodation your business fustifis? I not. expert with broad seasomed experience Sandling small_tnd lago finance. Congerva- tixe. effective advice and assistance rendered, | 601 lain 2243, €215 5% ---DLC. Tel.Main 6718, Let us manage your Rental Prop-| erty. Over a Quar- ter of a Century, Experience. B. F. SAUL CO. 1412 Eye St. NW. Main 2100 934380 18 21 37 8% 6 We Have an Abundance of Funds for Real Estate Mortgages at 5%% Provided the Security Is Satisfactory Wm. H. Saunders & Co. 1433 K Street N.W. INVEST WHETHER you_ have $100, $500, $1.000 or more to invest, investi- gate our First Mortgage Loans on Wash- ington Homes before placing your funds. NEVER A LOSS OQur conservative business methods have so perfectly protected and safe- guarded the funds of our investors that not a single client has ever lost a dollar of prmcnpal or interest on any invest. ment purchased through us. Send for Selected List We will be pleased to send you full information concerning our first mort- gages and our methods of handling them. 62% and 7% Interest Convenient Denominations BE3L8de222 501 5 &K Cont Can. Cont Can w 1. Cont Insurance Contl Motors. Corn Products. Cosden & Co. Cosden Co pt. Crucible Steel Cuban Am Sugar. Cuba Cane Sugar, Cuba Cane Sug pt Davidson Chem. Del & Hudson Del Lack & West Dome Mine: Du Pont (BI)... Dupont debenturgs. 86 Eastman Kodak. 6 Elec Storage Bat 5 Endicott Johnson Erfe Rallroad..... Erle 18t pt. Erle 2nd pf. Famous Players Fed Mines & Spf. Fifth Ave. Fisher Body. Fisher Body of O pf Fisk Rubber. Freeport Texa: Gen Am Tank Corp. Gen Aaphalt.. Gen Asphalt pf..... Gen Cigar Co. Gen Electric. Gen Motors. Gen Motors pf Gen Mot 6% del Gen Mot 7% deb. Gimbel Bros. . Goodrich (BF)..... Goodrich (B F) D! Granby Consol..... Gray & Davis...... Great Northern pf... Great Northn Ore... Guit States Steel. Hartman Corp Hendee Mfg. Houston O1l... Hydson Motor Car.. Hupp Motor. . . Illinots Central. Tllinols Central pt. Indian Refining.... Inepiration... Interboroush. Inter Agri Chmpt.. Inter Cement. Int Comb Eng Inter Harvester. Inter Marine. Inter Marine pf. Inter Nickel 4935 — Inter Paper. 14% Invincible Oll. * Ex dividend. Delaware & Hudson 538 1337 Den & Rio Grande 1st ref 5s 1951 Detroit United 4%s 1932 Erie 1st con 4s 1996. Srie gen lien 4s 1996. We Offer When, as and If Issued and Received by Us $150,000 80’ First Mortgage Gold 70 Coupon Bonds 0f the FLINT RIVER PECAN CO. Albany, Georgia The Pecan Center of the World ‘Dated: January 15, 1028 Due: January 15, 1943 Interest payable semi‘annnally. and January 1st. Both pri Erie cv 48 D 1953. Grand Trunk s f deb 6s 1936 Grand Trunk 7s 1940. Great Northern gen 78 1936 109% Great Northern gen 5%s 1952... 100% Hudson & Manhattan ref Gs 1957 &% Hudson & Manhattan adj 5s 1957 625 Iilinols Central 5s 1934. .. Inter Rapid Transit 55 1966 Inter Rapid Transit cv 7s 1932.. Inter & Great Nor adj 68 195 Kan C Ft Scott & M 4s 1936 Kansas City Southern bs 1950 Lake Shore 4s 1928 Lake Shore 4s 193 Lehigh Valley 65 1928. Louls & Nash unified 45 Louis & Nash Ist ref 5148 2003. . 104% Market St Ry con 55 1924........ - 91% Ml Elec Ry & Lt 1st ref 58 ‘61.. 87 MStP&SSM6%s 1931....... 104% Mo Kan & Tex 1st 45 1990...... 8§ Mo Kan & Tex pr In 58 A 1962... 81% Mo Kan & Tex adj bs 1967 61t Missour! Pacific 65 1949. o8 Missouri Pacific gen 4s 1976.... n N O Tex & Mex Inc 0s 1935.. ..., New York Central deb 6s 1935.. mm 8% New York Cent deb 4s 1934..... New York Cent ref imp 58 2013, N Y NH & H cv deb 6s 1948. . .. N Y West & Boston 414s 19946, . Norfalk & Western con 4s 1996. Norfolk & Western cv 6s 1929, Northern Pacific 3s+1947. Northern Pacific 4s 1997. . Northern Paciflo ref imp 6a 5047, 108 Northern Pacific ref imp 68 2047 99% Ore Short Line gtd 58 1946. .. Ore Short Line ref 4s 1929 Ore-Wash 1st ref 48 1961..... Paris-Lyons-Med 6s 1958. . Pennsylvania gen bs 1968. Pennsylvania gen 414s 1965. Peoria & Eastern ino 4s 1990, Pere Marquette st 53 1950 Reading gen 4s 1997. Rio Grande Western cit 4s 1949, R IATk & L 438 1934, BLLIM&SR&G“ISN St L & San Fran prln St L & San Fran prIn b8 /050 St L & San Fran inc 6s 1960 St L & San Fran 5%s B 1942 St L & San Fran adj 6s 1956 Seaboard Air Line ref 4s 195 Seaboard Air Line adj bs 1949 Seaboard Air Line con 65 1945.. Southers Pacific cv 4s 1929 Southern Pacific ref 4s 1955. Southern Pacific col 4s 1949. 9% Southern Ry lst bs 1994. Southern Ry gen 43 1956. 00% Southern Ry dev 614s 1956 Third Ave adj bs 1960. .. Union Pacific 1st 4s 1947, Union Pacific cv 4s 1927. Virginlan Ry 1st 5s 1962 Wabash 1st 58 1939. .. Western Maryland 4a 1953 ‘Western Pacific 55 1946. ‘West Shore 1st 4s 2361. Studebaker. . Tennessee Cop. Texas Co...... Texas Gulf Sulphur Texas & Pacific. .... Texas Pac C & Oll. Tide Water O11 Timken Bearings. . Tob Products. ..... Tobacco Prod A. Tol St L & Wn pt Transcontinental. . 1135+ Unlon Pacific. 5 137+ Union Pacific pf.... 5K+ Unlted Drug....... 8135+ 114 United Fruit. <160+ 5% United Ry Invs 125 — 34 United Retall Strs. in 4 V U S Cast Iron Pipe. U S Cast Ir Pipe pt. U S Hoffman Mach., U S 1Ind Alcohol 1 Rliomt Tagk, Iacksonvitle, In coupon form. Principal may be registered. Denomination $100 and $300. Redeemable at 105 and accrued interest on any dividend 3 Title and Trust Co. of Florida, Trustee BUSINESS AND PROPERTY: The Flint_ltiver Pecan Company operates the Targest solely owned pecan grore in the world. 2.000 acres owned in fee simple: 1.600 acres in pecans of which 1,000 acres are in trees over 13 years oid and in foll bearing. Fully equipped and developed. SECURITY: In opinion of counsel these bonds secured by first mortgage on 2.000 acres, described above with all ‘buildings thereon, and conserva- tively appraised in excess of $600,000. PURPOSE OF ISSUE: The moceed- of this financing will be used to quire and plant in Pecans the planta tion of ‘former Alf) lllosoonveol Il luaslolwloamlalesal lusleaal lllaalel! YOUR SAVINGS 8%+ % 184 -22 8 + L M%— 3 20% + €615 — 13 8% - 1% 7 -1 8% — M4 18 + 1% 14 83% 8415 + 9814 + 463 — 3634 — 134 o135 + 1 B —2% 13% + 1% BE+ N 305+ Y 86— g 8 +14% 19 % 3% + 15 2%+ By~ X 1+ 3 E8aw IMulwlwlas!lBasavnllalalal le -3 S0t 6% 68% 4%, 0% . 124 Ll llowlavel llloamol lalegl |'q| lvoolomaalwl | o2 now under a high state of cultivation and development. The above property will therefore increase the security behind this issue by a considerable margin. EARNINGS: Estim for the coming five times interest clarges SINKING FUNDS: after January 1, bonds. COMMON STOCK BONUS: Trustee's Certificates to be fssued each pur- chaser of bonds entitling the holder to $100 in Common Stock for each $100 in bonds purchased, to be pald clal bonus January 1, 1925, or bonds are called. LEGAL DETAILS: _Approved by Kay, Adams & Ragland and Marks, Marks & Holt, Jacksonville. Price: Bubjéot to Prior d_Advance. Par_and_ Accheed Interest to met, 8 Reservations may be wired a our expense Circalar G on_request SECURITIES SALES CO. OF FLORIDA Member Florids Bankers Assn, 119 West Forsyth St. Jacksonville, Fiorida 4 net earnings s ex 3 1244% annually, 1035, of outstanding Ve-Carolina Chem. Va-Car Chem pt. Vivaudou. . Wabash pfA. Wells Fargo Exp. Western Maryland. Western Md 2d pt.. Western Pacific. ... Western Unlon.... ‘Westinghouse A B. Westinghouse Elec. Wheel & Lake Erle. 2} White Eagle Ol1. 4 White Motor. = Wilson & Co. Willys Overland... gfli!l 8 & 2 = J r if b 245 34 15 1103 s 113 114 6% 5% 575 — 1% 3% 33 o M+ ¥ 173 18% 173+ 2}4 323¢ 31 323 — 375 363 37 % 2By 24 90 45 90 +2% 10 9 99— % 0% 38 38K -1 6% 15 MY 4%+ %| 8% 42;4 = Willys Ovland pf... 51%4 4935 5115 — 34| 284 ‘Wisconsin Central.. mg 18 15 16 + 3|24 lw% 8 Woolworth........ 214 2 ] 2444 18 113% 1114 613§ 935 2% 525 7Y% 814 §%53 EH Write for It WILLIAM S. PHILLIPS First Mortgage Investments 1409 New York Ave. Main 4600 8 &= 584 8% 24% 48% 36 = —1= s i3 H The statements herein are not guar- anteed but are based upon informa- tion which we believe to be reliable. 23388 2034 284 19934 20814 = 614 4