Evening Star Newspaper, June 19, 1923, Page 25

FINANCIAL NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office. FINANCIAL. WASHINGTON, D. C., TUESDAY, JUNE ‘19, 1923. GILT-EDGE SECURITIES BAR SILVER QUOTATIONS. 1ONDON, June 19.—Bar silver, 32d per ounce. Money, 13 per cent. Dis- count rates: Short bills, 2 1-16 per Capital & Surplus, $2,00000000 BY WILLIAM F. HEFFERNAN. Bpecial Dispatch to The Star. NEW YORK, June 19.—Rumors of impending failures of more brokerage concerns, circulated throughout the financial community after the close of ‘business Monday and again this morn- ing, had their effect upon general sen- timent in the early dealings on the curb exchange today. The decline of the previous session was carried some- What further as the result of realizing an official list of bonds and stocks ox and be care- . o g No sajes took place Monday in Du: Issued for local improve- e D‘,sg“f,*gr"sm Deposit Warehouse Receipts and Make Construction Loans e This selling was felt chiefly in |rant of Delaware and the stock Di b- the oils x»mld“x:iol(;r hares. o em to|QRoned down & point and 8 half to meat burnoses: m:;:'cf‘y- Boxes at MODERATE RENT- i & mperia Canada got down te |ay. Checker was_ another o ation o '\ R e e e o e el ALS. : National Mortgage & Investment Corporation {he year but rallied substantially |while Cleveland was practically un’ ation $241.490.990; net bond- |} | Travelers’ Checks and Foreign er. Ma olia ¥ e - L. o -, = ! e e s M t | ed debt $5,421,661. i Drafts. 811 Vermont Avenue N.W. A0, oney to Loan | | NEW YORK, June 19.—Following is | | i traded in on the New York Curb Mar- Ilnmphren oil K 420 w.-n L | e 2 Iotersiate T h 1. Weller | et Toay 7 Kiyitate B |Josept e % & e s | | NO LOSS TO ANY INVESTOR IN 50 YEARS g ”"\"}‘mh won el = !‘.Ir'ol:'“{;e’: 5 55th Oldest Savings Deposito?y in Washington 1 Allied Packers 8s.. 10 Alum 7 * a0 03 42 A8 Hard s, IR Reaverboard Su S Beaver Prod Tis 10 Belgo Cnd Paper 1 Beth Steel 7o 3 Ry Eq is nrxn IY; § i extiles Sx ity 1061, 1061 RONDS. 8800 Vacium 0l ne 40 Washington Oil... NEW YORK TRUST COMPANIES. uitable . =o 108 198 0% 813 Woodward Building ) WASHINGTON AMERICAN BoND & MORTGAGE Ca. il | sAL 1 Holuaete i Galvect 'B"A"L'T‘:::‘:' Streets INTERNCATIS:AL BANK &i ! it Sl 807 Fifteenth S"m_v. w. E We ofl’e.r, subject to prior sale, a limited | I 130 Tadpend Lead U 23 Washingtos | i issue of First Mortgage Real Estate Loans ‘i i I omes—Call loans, 5 and 6 per cent. 0 | Washington. Call or write us for full informa- H BONDS. 50 | ; ing these | i N B 2 eyning these loans. ! Bid and Asked Prices. - | Fothcotis < o PUPLIO DTILITY. gg bl Copper . b o ; eric K ay Herew i AmerTer & Toigs: o 10 10 Red HIlI Florence.. .04 .04 .04 | P C i o % o8 % er ent | 116 o] 12 .13 | & Potomac gfifi 10 Simon_Silver W r .28 5 5% IE F- T | Cns e P Sl B Snow Storm 811 Id. 95 93 | ey B i VR Kool Estate Fivat Trest Notes CONVENIENT DENOMINATIONS | i étio 3 ar! e 5 by A most dependable, safe and conservati t: 3 G gatoen Cas 1ot iy e %22',‘,"};.,,,,?." . subject to fluctuations, and returning a most atiractive inter $100 $250 $500 $1,000 | ?‘i{:.?.':"c”'r‘“ R 9% : 14 Tonopah _ Divl 81 est earning. - 0 ! Potomac o7 875, 20 S e o8 We Recommend Immediate Reservations Ask for Descriptive Booklet “S™—lt's Free ! Totomac Eiee. deb g% 105 g Un Bantern O % i A fow £ A o, Imocae, Mizie 27 g0 N E WILLIAM S. PHILLIPS x DU Comuewwi. 2l 31 ! 5 West End c-m TR 02 02 First Mortgage Investments | B AN A \ NEw SMITH BUILDING Wash Wardman l"arl( Hotel 09 STOCKS. was todey suspended from member- Everything has been done to make the FuBLIC UTILATY. Tolbins e Toprmment oiaket || HOW MANY OF YOUR GET-RICH-QUICK erytung American Tel. & Telga. lished a new low at 130, byt Stand. ard of Indiana rallied above Monday's final figure, Prairle Oil and Gas, which was decidedly weak Monday. appeared to be better supported and s0_did Vacuum. Independent Olls were disposed to pay more attention to the present sit- uation in the oll trade than to fa- vorable news coming from individual companfes. Mutual Oil touched a new low for the year despite reports that the company had opened up a new field, with the test well flowing 100 barrels daily. 1 Harris Cons Pete . 140 Iudson 011 2 Omar Ol & Gay 37 Pennock Of1 . 13 Phillips Pet o 13 Roy Can Ofl & 1 Salt Creek cons 81 Turman ON .. 1, Ventura Cons 42 Wileox Ofl & 50 “¥* oMl .. 4 INDUSTRIALS. 3 Acme Pack UR ... . 2 Amal Leather pfd 5 Am_ Store 3 Armour Co Del ptd & Atlantic Fruit . 3 Borden & Co & Bridgeport Mch 4 Brit-Am Tob Cou. 12 Budds Buds . 1 Car Light r 3 Centrifu Checker ( 1 Chicago oy e o - Davies W A/ Dubitier C ‘& R 1 Mercer Motor e S R o b Wayne Coal West Feed Mi . e Yel Taxi Corp N Y 1324 MINING, Alsarado Min .. Am Lead Zinc m Arizons Globe Cop. Delcher Extens U R Boston Mont Corp. t %3 10 Columbla Emerald . 9 Continental Mines 10 Con Cop Min te 20 Cortez 20 Crasaon Gold Divide Extens . 2 Dolores Daper Eureka Croesu o COOTE PUT OFF CURB. Governors’ Act Following Broker Failure in San Francisco. NEW YORK, June 19.—A. W. Coote ceiver_for the stock brokerage firm correspondent of Knauth, Nachod & Kuhne, members of the York SBtock’ Exchange, which failed Saturday. The Coote firm was placed in the hands of a recelver as a result of the New York fallure. € cent; three-month bills, 2% per cent. NEW YORK. June 19.—Foreign bar | sitver, 65%; Mexican dollars, 50%. Home Furniture household _ goods _oF_ chatte e cent Interest. No brokerage charged, | @PCome in and let s explan our method Becurse by frat deed of trust on real estats. umu |-wmv and_commly EQUITABLE Organized 1870 434 YEAR COMPLETED -84,637,039,58 -$1,180,880.91 Systematic Saving Fill accomplieh "in 2 b an scription for the 85th Issue of Stock Being Recelved Shares, $2.50 Per Month EQUITABLE BUILDING 915 F St. NW. JOHN JOY EDSON. Presldent FRANK P. REESIDE, Secy. Fluctuation The strongest feature about bond investments safe regardless of fluc- tuations in price. Bonds are intrinsically worth their face value. Present bond prices offer chances for profit, due to increasing value as maturity date ap- proaches. Let us submit a list of safe bonds. Baker, Watts & Co. Bankers Coungellors in Investment Edwin D. Flather Manager ] 813 15th St. N.W: oo Telephone—Main 3176 734 61 a i iy 60 Midwert:Tox DIl 1. Co-Operative Building 10068 9 Mount Prod . 14! e S0 141 Motual Ol v Association ! 1 WINNIPEG Manitoba, Canada . 5% Gold Bonds Due 1943 Offered at przre to yield The National City Company Washington—741 15th St. N.W. | [ A Why Go on (BT A7 a Vacation? —expecting to derive benefit : o 5 thereirom and have continually ! ( 7| 2 our .mind the_ safety of : Stock Certificates, Bonds, In- surance Policies and other papers of value {[Place such belongings in a Nationl Savings & Trust Co. Year Cor. 15th and New York Ave. W We' —have on hand, ready for im- mediate delivery, about thirty thousand dollars in gilt edge in Amounts of $250 Up to $7,500 A splendid opportunity to in- safety and get the maximum return of interest. Title certi- cate insurance policies issued to all our loans. For full patticulars Loan Dept., Chas. D. Sager M. 36 924 14th St. M. 37 apply If You Believe In The United States You Believe In Wa:hington! Mortgage Investments vest your funds with absolute | Gotablished 1889 | e - iyt Sy Y || j Reservations Accepted Now Phai B Mo i e B ol j|. Fizst Mortgage Notes 2 Security—The Throughout the United States in the leading cities, lar 300457100 1003 \i | BACK GUARANTEE of principal and savings ) 1 Heyden Chem Regardless Of bank interest in the event you are unable to com- B e ! plete the purchase. ?Hmmx Corn - { Battermer BT & 10 8 2 e ON FIRST MORTGAGES Call, write or phone Main 6464 today §§ Prima f."l':sl"" Co... '“éa, is that your principal is Nation’s Homes for our current offerings booklet AT CURRENT RATES OF INTEREST These buildings sre being financed by the investing public who take as security First Mortgage Bonds se- cured by the land, building and inaome. The American Bond & Mortgage Company specialges in the selec- tion and sellin, these bonds and the thousands of investors through. out the United States who have purchased from them millions of dollars of First Mortgage Bonds secured by improved city proper- ties have never lost one dollar of principal or interest. ‘We now offer for eale a bond issu fully protected by the American Bond & Mortgage Company’s for- mula of safety, and offering the at- tractive yield of 6):%. Full infor- mation will be sent upon requent if you ask for Booklet W. S. 6 Main 2690 were going to happen—the big earnings, growth, the great the remarkable Randall T Hogner & Cu MORTGAGES The Safest Security on Earth (o] at 79, interest, secured on well selected, newly | constructed residential property in Northwest 15th St. at K St. NW. ES ? : : 2 el e o e nae SCHEMES PANNED OUT? Estates buy our First Trust Real Street, between H and I, the most desir- 209 Coote was admitted as an associate E: Notes for Safety. They have - 1 H [ member on the curb market on June . state Noten fos Safety. They have able office structure in Washington. s Ty, & Ee LB 24,1921, "Tite firm was the San Fran- Most of the things that | R I T e SAFE INVESTMENTS 7% First Mortgage Notes Secured on Improved D. C. Real Estate Appraised by Experts of 35 Years’ Experience Without a Loss. Offered in Denominations of $250 and Up A Good Investment. WILL PURCHASE First and Seccnd Trust Notes for July Funds EXAMINE at your leisure the booklet describing our current offerings, make your selection as to issue and maturity, and reserve the investment you desire FOR FUTURE DELIVERY if your funds are not available at this time. NO DEPOSIT is required on investments re- served for 30 days, though upon payment of 107 of the purchase price reservations may be made for longer periods. All payments draw 6'2% in- terest from date received. If you wish to pay in installments our Invest- ment Savings Plan affords a means of earning 6Y2% on all partial payments, with A MONEY Denominations: $100, $500, $1,000 Maturities: 2 years to 15 years Federal, State and D. C. Tax-Free Features ke F.H.SMITH CO. ounded 1873 FIRST MORTGAGE INVESTMENTS 1414 EYE STREET, N. W. NO LOSS TO ANY INVESTOR IN 50 YEARS (815 Fifteenth Street) Suites Now Ready new SMITH BUILDING on Fifteenth Several suites are still available and ready for immediate occupancy. Individuals, firms and corporations requiring space WITH A . . - et rofits and the early wealth L are invited to inspect the property. : FOREIGY EXCHANGE. e s g WIDE MARGIN OF SECURITY, g [ June 19, 1023. or 1nvestors—never hap- he SMITH BUILDIN 55 ;"g.l ‘Bank of Washingtor :‘.,.g (Quotations furnished by W. B. Hibbs & Co.) ed Th > t EVE!'}’ ro,om i . . . G E TRUST COMPA o zaie. 218 CE peHSd €It Wasnowpas Paying 6 and 614% is a daylight room with direct outside American Security and Tru 529 | remaon, ouns 45005 4:53 to build on and no future be- ’ R exposure—light, airy and spacious. - Im":‘ o yond the promises. That Other features include: o £ 165 E L ver . iemingion 55 ko S makes sad history, but Shannon & Luchs First Trust Notes N e alaia s Ifi Quarter sound experience. Our | g walnutfinish-iceddrinki;:g water from Vashington Sav 20 10000143 % i S ; ,:1.. m:v in " 3020 %: ore FIRST MORTGAGES i Built onN:t %t;i::i}:ufm‘e, :‘f Return central refrigerating plant; ample States. 273 K : g Value e e i SHEGHRE 2 . —are backed by thirty years . s v ekt cowarsessy : : : 2 . Y Dy the Associated Freme. Iettas: of actual history in safety Sold in Denominations of $100, $500, $1,000 r i e change lereniinr . Quorations” T aLoss and income instead of FULL INFORMATION TITLD INSURANCE. gan':‘led State; 40“..?.) Gl'ol! Brital n, pl‘OmiSeS- Columbla Title. sixty-day bills on bl.nkl / Jteal Estate Titl France, demand, .| %G FnH SMITH CO- s S ek : AUL CO B Columbia Graphophone com % 1%10532. Germany, demand, hophone pfd. 2 3 s 38 e O i sice sty By domand B. F. § L CO. Siecs 1o FIRST MORTGAGE INVESTMENTS “"""5':"'?‘“%:323'?5":‘ % ok, T Swliseriand, demand, || Main 2100 1412 Eye St. N.W. MORTGAGE DEPARTMENT SMITH BUILDING 815 FIFTEENTH ST. e d1se. Spain, g:mg‘ eidis, Greece. 713 14th Street N.W. J A i oy ...."""-L & y"ifx' aividead. = and, 1080, unnu-u.l._.flg. 5 | —