Evening Star Newspaper, April 16, 1923, Page 25

FINANCIAL, MONDAY, APRIL 16, 1923. FINANCIAL. First Mortgage Loans EAAMAAAAAA —_— — 3 COMMODITY NEWS towest Zatm ot aiees1na comsan || FOreign nativi gy If you have money to - o | (oo | Eone - oo |[ Dean, Ofistivia & C Y NTIRE GountRy | [T & Fis e 1 | Exchange e l ty | . a 0. : it | Quotations e e et s o it @ || Mortgages. Our record of Baltlmore | Stock Exchange Building The check to EQU[TABL E 5 . i Ot ntarest. No broker- 3 || 30 years insures your pro- New York ugar industry By Radio in” tection. Courteous treat- 4's vy the Bastern l Co.Operative Building : . . n meot COTTON : cen definitely ily : < ! o The mational sk Tubor Association | vion Wity oF Weodward & = Botriotns & Fol Percy H. Russell Co. 192430 SEOCES GRAINS board charged that cruel conditions AT I] Lothrop the latest quotations W S.W. Cor. 15th & “K” Sts. To Yield 4.15% and COFFEE Srtecting chiliven existed In itho 150 YEAR COMPLETED will be'broadeasted. ' Rates by b8 5 BONDS SUGAR Mich fields. The a pnvile i e Vo : found most of thesei Ml ALl .. 84,057.959.50 Special phone, Foreign Depar's — 5" MEMBERS: & . New York Stock Exchange N. V. Cotton Exchange ted and refused to Surplus ........... $1,180,550,01 | ment, M. 8222, 2 5 | Chicago Board of Trade & child labor in 4 5 ) ’ 193637 G 0 5 . go Stock Exchange N. Y. d Exch: Systematic Savine , |[ | The, Washington Loan fi§ To Yield 4.20% Associate Members of BT weount and and Trust CQmmy g We Announce the Location of Our | New York Curb Association Commerce Subscription for the 900 F Street 1 s : - .. RaHAM. PARSons % Coll| WASHINGTON OFFICE: 84th Issue of Stock | 8RNI Senet New Offices i Grmunmun New vfi 1 Main Floor, Woodward Building Deing Recelved - e At WASHINGTON UfiIr;’l(‘)pm znl.il ;fiDHM. Shares, $2.50 Per Month ] 732 17th Street N.W. [ one Main / | JOHN CALLAN O'LAUGHLIN C:‘As‘fl.lt.‘Ensl :‘a:.Lnl;rE‘l EQUITABLE BUILDING ||, ] i Manager 915 F St. N.W. . Mflrgafl, Brooke, Stokes & Company JOHN JOY . President FRANK P, R DE, Secy. Investment Bankers Livermore | Members Philadelphia Stock Exchange Our Rental Department i —to owners we offer a & Co. Telephones Main 2672-3-4 real service in renting | Philadelphia i I 51 Years Ago and managment of prop- Sntes Members New York Stock Exchange — REN I S 823 15th St. N.W. |1 NO LOSS TO ANY INVESTOR IN 50 YEARS the Nation's Capital, with a population of 131,700, had all the d T characteristics of a village hamlet. The growth of the city had . been slow. For the most part only dilapidated houses furnished Wardman Park Hotel shelter for its inhabitants B.F. SAUL CO. | How to Accumulate $48,000 h S ‘Il Main 2790 And Now M o | JLS 2 in 20 Years BY investing $100 a month for 20 years in our 6Y2% First Mortgage Bonds you can accumulate $48,028.87. You Can Be Sure Yet you will have paid in less than half that Washington has a population of nearly hali a million, housed in amount; bond inlzres!,compounded,-ccounu approximately 100,000 homes. Contributing to the development Of 7 Per Cent Retum for the balance. !vgpthe Capital City has been the activity of this organization, If you don't just know about these First Trust Principal Invested $24,000.00 ' il e st o o it Notes our Mr. Phelps will be glad to explain in P OB arowthior \i'a~l|ingtonA fi : specific detail what they are—how they can be Interest Earned. - 24.028.87 i = apportioned into any amount from $100 up—and Total Accumulation. ..$48,028.87 what unquestioned security is back of them—liter- N . AN ally guaranteeing their integrity., An investment of any amount from $10 a i Shslounyearsithont s ingle 08t s evidelicoiohitherabios Our office handles only the best class of real month “P}Va‘d will result in a Pproportionate e v et estate—so naturally these First Trusts are the accumulation. strongest investment you can possibly make. If i you have some funds that are not advantage- Call, write or phone Main 6464 for a free ously placed—here is a safe and sound oppor- i copy of our new illustrated booklet, “How to tunity to invest. NOT speculation, but investment Build an Independent Income.” —there’s a vast difference. Swartzell, Rheem & Hensey Co. S cities ‘fa- | vored the ad > in tim i e SR, H Bring us your insurance problems and let us counsel CYZ. " ITLT Q1 3 Ay ¢ 727 15th Street Northwest ~ILLINOIS CENTRAL SHOWS;v S S R i = 5'7[@ F.H.SMITH‘CO‘ Washington, D. C. INCREASE IN REVENUES Boss & Phel Founded 1873; . | 0SS elps ! FIRST MORTGAGE INVESTMENTS ] & “The Home of Homes” 14141416 EYE STREET, N. W. 54 YEARS WITHOUT LOSS TO AN INVESTOR 1417 K Street. Phone Main 4340 ' REPORTS LIQUOR VALUES. N Tssas f malt Exempt from Federal, State, Manicipal and Local Taxation $75,000,000 Ten-Thirty Year Mon -1 Federal Land Bank 4:% Bonds Fecured L 1 The Officers of this Imstitution are at your servios with information and assist- ance at its Marn Office and Bromches. ey e G B e ; Dated January 1, 1923 Due January 1, 1983 Joseph T. W P Not redeemable before January 1, 1933 Interest r‘;;)'i;le _'Lzm_xalry 1 :ng‘Jul_\' 1 atdany Fedma:lbl:ngd (Bankd?r Fedbcrzl Re;erve Bank. Principal payable at the Bank of Issue. Coupon and registe: s (interchangeable) in de: imati f $10,000, MORTGAGES . $5,000, $1,000, $500, $100 and $40. R;‘g:nem;bml: :: m :n: interest at .:';mz;:e':?éfmu : 3 MERCH ANTS B AN K 3 e = The Supreme Court of the United States has held, (a) that these Banks were legally created & TRUST COMPAIJ Y The Safest Security on Earth as part of the banking system of the United States, and (b) that the bonds issued by the Banks are i 3 Every mortgage is less than instrumentalities of the United States Government and are exempt from Federal, State, municipal IR BEes Capital and Surplus, $1,250,000.00 n;],o of m: market value of and local taxation. . % the property. T A f' : : : Office, 15th & H Sts. N. W. ; l‘:glslzll:::es:?::rfi) Operation: In five years of active operation the 12 Federal Land Banks have been built up until Maln % 5 3. Dieraliinome. g{l ‘g‘e‘l;r;aq;‘ tZB'S;QG?O' otshseir Cdzp’i‘utlalwru 827..;77;.34;;3 ol:ezmxel,l 33.4:]3.0(;30; l?urphm anddllln- PETER A. DRURY, President h Tstiloas: ivided Profits, $2,600,036; an 'of ets ,285,082. twelve Banks are on a divi- e LLIN FRA HARMAN, ;: l;‘r:)“t:'t‘i?na’fi;::nstos;e. dend paying basis and every bank shows a surplus earned from its operations. ! n::‘"";‘f: l;o'm‘fi R S o preciation. Acceptable by Treasury: These bonds are acceptable by the United States Treasury as secu- z 6. Pr'm-nptt payment of in- rity for Government deposits including Postal Savings Funds. = i wu..mn- - erest. : 7. Repayment of principal Legal for Trust Funds: The Federal Farm Loan Act provides that the Bonds shall be lawful | ] FRANK K. GHISELLI in full at maturity. investments for all fiduciary and trust funds under the jurisdiction of the United States i Assistent Treasurer Assistant Troaswrer i : Government. They are eligible under the laws of many of the States for investment of all H B. ASHBY LEAVELL WADR H. ELLIS Choice First Mortgages public and private funds and have been officially held eligible for investment by savings banks ! Assistant Trust Officer Gl in 35 States. ; $100 $250 $500 TSNSV SUUUUNUINIUI o 5 e The United States Government, as of February 28, 1923, owned approximatel ,000,000 of the ! Call or write for information capital stock of the Federal Land Banks. The Farm uan'Amei-figfu, during {hsesyelr 1923, ac- DUPONT BRANCH William s Philli quired approximately $8,500,000 of Federal Land Bank stock, 25% of the proceeds of which was i . ps used to retire stock owned by the Government, as required by the Farm Loan Act. The United of the Safe Investments States Treasury has purchased and now holds over $100,000,000 Federal Land Bank Bonds. While I MERCHANTS BANK AND TRUST COMPANY, 15th & K Sts. Main 4600 these Bonds are not Government obligations, and are not guaranteed by the Governmeng, they 1 ; Dupent Circle are the secured obligations of Banks operating under Federal charter with Governmental super- - . - . vision, on whose boards of direction the Government is represented. i : A L. B. SCHREINER, Vico President The Yearly Losses e N |58 K g . i s At the request of the Fedeoral Farm Lean Beard in ee-eperation with and en bohall ef th, Manager Departmen B Foderal Land Banks, we efler these bends at: * 3D BEVENIDAR, Torcien : . B e ] . . Price 100'2% and Interest, to yield about 4.45 et et : po— - BROOKLAND BRANCH Ria Gte of sr “ain tout 2 e wr e :: :hr:.-:.deg:mbhdawa) and ':M . i of the single penvy in either principal or interest. r edem s We Have on Hand . i e MERCHANTS BANK AND TRUST COMPANY, A limited amount in denominations | : 12th and Newton Sts. N. E. of $250 Up to $5,000 Alex. Brown & Sons Harris, Forbes & Co. .f 3. L. SHERWOOD, Vi Presidens Bearing 7% Interest Brown Brothers & Co. Lee, Higginson & Co. e The National City Company Guaranty Company of New York Chas. D. Sager | 924 14th St. NW, The statements contained herein, while not guaranteed, are based upen informetion sad sdvice which we believe %o be accurate and refisble