Evening Star Newspaper, April 12, 1923, Page 29

FINANCIAL. —_———————————. ST. PAUL, April 12.—Spring farm- :n: operations have been retarded by torms, but the precipitation was Avorth millions of dollars to farmers. r normal acreage throughout th horthwest is fore hough wheat ma rormal, with flax Mmark. st today, a trifle under ove the usual REPORT OF T | CONTINENTAL TRUST COMPANY, At Washington, in the District of Columbia, st the close of business April 3. 1928. L kecuri other ihan ‘with federal JAMIN ROBINSON. Notary Public. Norman Fiseher, Directors. _ REPORT OF SHE CONDITION UNION TRUST COMPANY Of the District of Columbia, 38701202 | 3,800.56 s 710,985.00 o 659,341.98 | 387,138.07 163,305.37 LIABILITIE cik paid An.... al- | At Washington, in the Distric REPORT OF CONDITION COLUMBIA NATIONAL April 3, 1 unts, ac- ceptances of other banks, and foreign bills of exchange or drafts sold with indorsement of (his bank (except those shown in b and c¢) u Deposited to se value) . b All other (including ps Total . 5. Other bonds. st 6. Bunking house, $7 . Lawful reserve w . Cash in vault and Amount du; I of item laneou 19,075.49 o. Redemption fund with U. . . CEGRBTNARL 1.7 Vs et o d 12,500.00 Total . Capital stock paid . Surplus fund .... 9. Undivided profits m. ... e Less current experses, interest and tax Circulati hier's checks outs ;o 1 of items $430.088.63 sits) subject to re- y8): Dividends unpa Total of demand deposits (other than posit 30 a 2 S Time de bject to reserve (pay or more notice, and p (other than for mone | Sure of Service Per Cent - There is a difference between specula- tive investment, where there is more or less k, and these First Trust Real Estate Notes we are offering— which are as safe as a government bond. Real Estate is fundamentally sound and substantial. The Real Estate that is handled in our office must be of “gilt-cdge” character—so you are doubly protected in the integrity of these First Trusts. o The opportunity is offered for the invest- ment of any amount, of $100, or more. You don’t lzlavc to buy the full trust, we will apportionate it for your convenience. In this way those with moderate amounts to invest may enjoy the security and return of these attractive trusts. In all the enormous volume of business we have done in this department—covering a period of many years—no investor has ever lost a penny; nor waited a day for dividends. We suggest vou consult our Mr. Phelps - —who'll be glad to go into details. The service our Tnsurance Department is prepared to render will be appreciated, we are sure. Boss & Phelps “The Home of Homes” 1417 K Street Phone Main 4340 1f You Believe In The United States You Believe In Washington! Per Cent First Trust Notes Safe—Sound—Secure Best Washington Real Estate As Security ER THE EVENING STAR, WASHINGTON, D. €. THURSDAY, BANK t of Columbia, at the cloge of bLusiness on l 1 APRIL 12, LOANS 1f you have money to invest, we can safely place it on gilt-edge first D. C. Mortgages. Our record of 30 years insures your pro- tection. Courteous treat- ment. Percy H. Russell Co. S.W. Cor. 15th & “K” Sts. 1923. The Yearly Losses To insecured investments aggregate millions. —Our— First Mortgage Notes Beat a record of 100 per cent safe,” Never las oue of our clients lost as much as -’ OFFICE SPACE 804 17th Street Northwest H Whole second floor—1,400 square Jeet—furnished or un- furnished. Rent very reason- able. STONE & FAIRFAX 1342 New York Ave. N.W. I For RENT | single penny in eitler principal or fnterest. We Have on Hand A limited amount in denominations FINANCIAL. 7% First Mortgage Notes Secured on Improved D. C. Real Estate i Appraised by Experts of 35 Years’ Experience Without a Loss Offered in Denominations of $250 and Up A Good Investment. of $250 Up to $5,000 Bearing *7%. Interest For Full Particulars Apply Loan Department. Chas. D. Sager 924 14th St. N.W. Main 36, i i _ Money to Loan || Secured by first deed of trust on real estate. | Frevailing interest and o i Joseph 1. Weller 42 & Tena) EQUITABLE Co-Operative Building Association Organized 1870 43d YEAR COMPLETED Anncts -$4,657.959.56 Surplus ............$1,180,880.01 Systematic Saving Prepare to meet any emergency in the futiure by opening an account and eaving with us in & systematic manner. Subscription for the 84th Issue of Stock Being Recelved Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. N.W. JOHN JOY EDSON. President FRANK P, REESIDE, Secy. bldg., 9th & F nw. || I 1 == Save and Invest Washington's growth is in divect relation to the Growth of the Nation Could one then create a better or safer Investment than a Real Estate Trust Note? These notes are known to be 2AFE INVESTMENTS a4 WITH A WIDE MARGIN OF SECURITY Paying 6 and 6v4% (PAYABLE SEMI-ANNUALLY) Shannon & Luchs First Trust Notes Built on a Straight Line of Return Not a Fluctuating Value Sold in Denominations of $100, $500, $1,000 FULL INFORMATION [SHANNON-& LUCHS, MORTGAGZn;II?:ARTMENT A; 713 14th St. N.W. 5 699.19 1,661.07 2,982.61 4,803.13 7,310.20 10,761.76 15,514.80 How $10 a Month Grows When Invested in Our 6%2% First Mortgages UNDER our Investment Savings Plan all partial payments earn 612% interest, compounded every 10 months. Take advantage of the attractive tax-free features of these First Mortgage Invest. ments and safeguard yourself with our record of no loss to any inwestor in 50 years. Call, write or phone (Main 6464) for s free copy of our new booklet: *“How to Build an Independent Income.” : Che F.H.SMITH C;OMPANY FIRST MORTGAGE INVESTMENTS 1414-1416 EYE STREET, N. W. NO LOSS TO ANY INVESTOR IN 50 YEARS 54 Years Ago nearly all of the streets of the Nation’s Capital were dirt road- ways, from which, in dry weather, clouds of dust arose from passing vehicles and were almost impassable during heavy rains. It was not unusual to observe a fire engine stalled up to the hubs in the soft street. Fire apparatus often traveled on the sidewalk in responding to alarms in unusually wet weather. And Now Washington has advanced to the first rank among cities in public parks, thoroughfares, cleanliness, public buildings, pri- vate residences, libraries, museums and all the arts of life. It has been the iunction of this Company for 54 years to offer to its clients safeguarded First Mortgage 6% Notes. The growth of this business has run parallel with the growth of the city, playing a most important part in financing residential and business operations which have characterized Washington’s rise. WILL PURCHASE First and Second Trust Notes | Warehouse Receipts and Make Construction Loans National Mortgage & Investment Corporation 811 Vermont Avenue N.W. FIRST MORTGAGE NOTES IN FOR SALE DENOMINATIONS OF S00 DOLLARS AND UPWARDS Sandadd F Co %flefi 7 . 7207 %}mw&'a&/ .%me Saturday Banking Hours: 9:30 A.M. to 12 5:30 P.M. to 8 P.M. The Largest Savings Department of Any Bank in Washington What Will a Dime or a Quarter Do? When dropped into one of our beautiful Library Book Banks —every day it will do wonders. It will send that boy to college. It will keep that girl at home. It will pay off that first mortgage. It will keep you in com- _ fortin your old age. It will give you a grow- ing spirit of independence. It will buy you an auto- mobile, new furniture, a trip abroad, and a hun- dred other things. me in and get one of these leather-bound home banks and save for a purpose. 10c a day for 1€ yrs., 25c a day for 10 yrs., 25c a day for 20 yrs., $2,500 50c a day for 10 yrs., $2,500 50c a day for 20 yrs., $5,000 $1 a day for 20 yrs., $10,000 $500 $1,25¢ Lincoln National Bank 7th and D Sts. N.W. STATEMENT OF CONDITION Washington Mechanics Savings Bank Cas Bonds Demand Loans, secured. Time Loans, secured. . Real Estate Loans. Discoun Overdrafts . Banking House. .. and due from Banks U. S. Government Bonds. . 8th and G Streets Southeast APRIL 3, 1923 RESOURCE $172,487.85 104,304.17 262,134.79 329,219.96 18,721.43 61,781.59 142,048.02 15.10 24,350.00 ts .. Vault, Furniture and Fixtures Capital Surplus and Undivided Profits DEPOSITS # Deposits April 3, 1923 LIABILITIES $50,000.00 .. 4682691 . 1,022,136.00 Stock S1,118.96291 $1,022,136.00 Deposits December 29, 1922.. 961,264.83 $60.871.17 GAIN IN DEPOSITS........coooovvinininnne OFFICERS Ip Copuepient Depomipatieps " . PorIpuestors Swartzeu. Rheem & Hensey Co. 727 15th Street Northwest Washington, D. C Ezra Gould, President R. H. Bagby. Vice President and Cashier . P. Williams, Secretary and Treasurer A. S. Offutt, Assistant Cashier 54 YEARS WITHOUT LOSS TO AN INVESTOR R George Hayes Jesse B. K. Lee E. F. Pickford G. Bryan Pitts E. S. Wolfe won ¢ 3 .4, Kau R. H. Bagby J. C. Pyles, Avtbir Joseph Goldenberg E. Hume Talbert Yonc Ezra Gould {; ll” Mahlon Groo b w. ( Myers. Charles Tonoghue Thos. P, George E vrd Pres