Evening Star Newspaper, April 9, 1924, Page 29

FINANCIAL, THE _EVEN EVERYMAN’S INVESTMENTS By George T. Hughes ND ARTICLE. tx of the Bond Dealer ‘annot Make a Wide Hin Securities (o ctive Investors. and 4 and I we pencer said he had | and lett asked and ¢ HEADS TOBACCO COMPANY | Bowman Gray Elected by Reynolds Corporation Stockholders. EXPORTS SHOW INCREASE. || Baltimore Port Shows Excess Over | BALTIMORE, Last week, STAR, WASHINGTON We have clients for the purchase of Investment Properties JORDAN & COMPANY Incorporated 1027 17th St. N. Imports Past Week. April 9 (S as in the twe exports p 1 A phase of our mortgag vestments most gratifying us is the ever increasing de- sire on the part of our clients to recommend them to their friends. Our Investments Yielding 7% —canrot be too highly recom- mended. Write for Booklet Chas. D. Sager Mortgage Investments 924 14th St. NW. Snts, Main 36 ed with the REPORT OF CONDITION Of th McLACHLEN BANKING CORPORATION At Washington, in the l’rnperty "Owners, Attention! STOCK SALES ORGANIZATION 10 experienced salesmen open for stock issue. Immediate service. A-1 reference. Address Box 217-7, Office. * | Free of all Federal Income Tazes | | State of California 4149, Gold Bonds Due February 1, 1929-1931 February 1, 1939-1945 The Net Debt of the State of California is less than 1.6% of Assessed Valuation Prices to yield 43% Detailed circular on request E. H. Rollins & Sons Founded 1876 16 Woodward Bldg., Washington Boston New York Philadelphia Chicago Denver San Francisco NGTON, D. C., WEDNESDAY, APRIL 9, 1924. REPORT OF THE CONDITION Of the Departmental Bank At Washington, in the District of Colnmbia, &t the close of business oo March 81, 1924. < of ol 3 vills of frehange or'dratis, sid with ndorseiient of this Cunk.. -4 2 Querdratis. unseeu = 5. Fovernment see ‘omnca Tincluding cash ite . Other assets, It way.. - LITT . Capital stock paid in Surplus fund . Undivided profits. a Reserved for enrrent penses, inters taxes paid. 7% First Mortgage Notes Secured On Improved Real Estate Absolutely Safe $100—$250—$500 $1,000 Geo. W. Linkins 1719 K Street Eszeblished 1886 FIRST MORTGAGES THE TYPE OF SECURITY IN DENOMINATIONS TO 643 Lonisiana Ave. N.W. Money to Loan by first deed of trust on real estate Secured Frevailing faterest 20 commipmion. Invest While You Save rvice Preferred Stock d by assets of nearly the present market Citie: Dividend requirements arned 2.71 times during months ended January price FINANCIAL. Second Trusts We have clients who have funds to place in second trusts on which there is a reason- able margin of security. Loan Department Boss & Phelps 1417 K St. N.W. Main 9300 FOR SALE | CONSERVATIVE IN- ! VESTORS BUY | SUIT PURCHASERS | JAMES F. SHEA FUNDS PLACED FOR INVEST! ORE § N SELECTED FIRST MORTGAGES Conservative investors seeking liberal income re- turns plus safety of principal for amounts in multiples of $250 can place their funds profitably and conve niently through our mortgage department in sound first mort- gages on select Washington propertie The officers of this company, without obligation, will gladly confer with any prospective investor and dis- cuss loans on specific dwellings, apartment or business properties. If so instructed, they will place the in first mortgages on the same agent ba tt pany is constantly serving its regular cl individuals, attorneys for estates, banks, trustees and guardians. H. L. RUST COMPANY ~’s fund t the com- nt-imvestors— corpor: Distric Ma WE HAVE Loan Correspondent of the Prudential Insurance Company of America 912 15th Street Main 6888 If you have $10 now and ean save approximately $5 a month may buy one share of Preferred Stock RESOUT s, includin e neluding or tow peddlers of we curiti NEW LINE OCEAN SERVICE.’ "“';’“.L;;':.Q'L'\"‘ that the above ement Passenger Bonklng\ B'flumure to St. Nazaire, France, Proposed. bed and sworn to be ||l ings be placed where |/l they will earn the maxi- To Loan on Improved Real Estate 6% and 6% Wm. H. Saunders Co. Inc. REALTORS 1433 K St. NW. MAIN 1015-6-7 First Mortgage Loans! Lowest Rates of Interest and Commission Prompt Ac ! | Thomas J. Finher & Compny, lu Interests—— demand that your sav- | i | MONEY S g £ i borrowed other than rid counts) i . Lisbilities othir thau above stated 3 Total Ditriet of Colamb HOCK. e Subscribed and sworn to | any_of April, 1924 (Seal) PEARLE P. CRAMER, Notary Publi Correct—Attest: First Mortgages $250 and Up Write or Call for “Booklet” |William S. Phillips Main 4600, | I5TH ST. AT K N.W. EQUITABLE Co-Operative Building Association more you may ately larger Dividends, which are paid monthly, will make your invest- ment yield more than $%. Write today for full information Thomas W. Brahany & Company Wilkins Building pejephone w. nshmzton. == Making Money | Make Money e The only worthwhile dollars are the dollars at work—and you can give yours safe and profitable employment in our First Mortgage Notes Paying 64 and 7% FIRST MORTGAGES On Homes in Washington They are recognized as one of the safest forms of invest- ment, and they yield investors a They vestors of all worry good return. relieve in- ver a Quarter and detail. of a Century We shall be glad to submit i investments to suit your require- Without ments. a Loss. B. F. SAUL CO. Main 2100 14 N.W. || mum consistent with 12 Eye St. ||| absolute safety. These conditions are ideally fulfilled in our Organized 1579 44th YEAR COMPLETED Asaets $4,755,170.52 1248,320.98 It means security of the principal and a larger interest-earning power — than with any other safe, l@@ @ & '@@ @@@ conservative investment. When You Invest in Bonds We relieve you of all de- tails. You buy safety of principal plus a known as certain as legal safeguards and the underly of the business can provide This fixed return—4, 3 or 6 per cent—will be earned dur ing the life of the security. The selection of investment securities that are safe and’ that yield an income, both attractive and conservative. is the service we render to buyers of gilt-edge honds. Baker, Watts & Co. Bankers Added to the property Counselors in Investment unqualified recommendation Edwin D. Flather of the 813 “flifi.fl‘ Bldg. WA MAN Constructio ‘Washington ompan INC. p y OBEE 508 Main 4190 Build An Independent Income Systematic Savings —Each pay day lay aside part of your salary at the Equitable It is a method of saving that will prove most effective, Consideration Subscription for the 86th Issue of Stock Department Being Recetved Shares, $2.50 Per Month SHANNON & LUCHS EQUITABLE EUILDING || Inc. 915F St. N.W. 713 and 715 14th St. N.W. JOHN JOY EDSON. President - 23‘5 FRANK P. REESIDE. Sec'y. Main Consult Our Mortgage eturn that is ng conditions First Mortgage Investments $100—$500—$1,000 1418 K Street Main 617 oursely in the or clic we have en- deavored t minate all complicated and troublesome details from the purchase and ownership by them of these 6% First Mortgage Invest- ment Not Placing of our inve position Marked simplicity handling have result sideration of our cli Calvert & Redwood Sts, Baltimore elele] offers included d 5s at 18% to | o exchange on Lon- | r. Dollar buying rate | Advantages of Business Relations With the American y if they simply had i} their banker to tell them what of some supposedly wonder- Security and Trust Company Five convenient banking offices. Facilities for handling every banking service. The National City Bank of New York including Domestic and Foreign Offices Experienced staff of officers and directors. Capital and surplus, $5,800,000.00. You are welcome in all of our departments. Condensed Statement of Condition as of March 31, 1924 Resources over $32,000,000. S END today for our free illustrated CAPITAL, booklet which tells you: SURPLUS and UNDIVIDED PROFITS $92,885,972.49 ASSETS CASH in Vault and in Federal Reserve Bank . $93,600,785.65 Due from Banks, Bankers and United States Treasurer . . . 128,058,151.82 Loans, Discounts znd Accept:ncex nf Other Banks United States Government Bonds and Cemficztes 395,323 556 State and Municipal Bonds . . . . . Stock in Federal Reserve Bank . . Ownership of International Bankmg Corpcratmn Other Bonds and Securities . + « « o Bank Buildings . . D Items in Transit with Branches . . Customers’ Liability Account of Acceptances . Other Assets . How both large and small investors can profit by using our Investment Savings Plan for buying $100, $500, $1,000 and $5,000 First Mortgage Bonds; $221,658.937.47 3% on Savings. 497,508631.94 || | 4 AMERIGAN SECURITY How $10 a month becomes $22,000; 164,875,192.38 13,062,966.63 59,504.41 35,366,482.95 How to invest monthly savings of $10 or more to earn First Mortgage Bond interest-614% and 7%; ND TRUST COMPANY TOTAL » . 15th and Penna. Ave. How men and women of moderate means can quickly get into the coupon- clipping class of bond investors, Capital, Surplus and Undivided Profits Over $6,000,000.00. BRANCHES Central: 7th & Mass. Ave. N.W, Northeast: 8th & H Sts. N.E. Southwest: 436 7th, St. S.W. Northwest: 1140 15th St. N.W., LIABILITIES Fill ont and mail the coupon below. It will bring you this interesting hooklet and descrip- tions of our current offerings, without placing you under any ‘obligation. Qh-F..H.SMITH COMPANY, ounded 1873 THE P. H. SMITH COMPANY 1) Smith Bullding, 815 Fifteenth St. Without obligation on my part please send me your fres booklet, ““How to Build an Independent Incoms.” Surplus . 45,000,000.00 Undivided Profi dend payable April 1) . __7,885972.49 Deposits: & ;. oo el Gl B S S8 e A of Other Banks and Foreign Bills Sold with our Endorsement - 5 46,202,976.09 - Acceptances Outstanding as Per "Contra . $35.366,482.95 Anticipated by Customers . - 2,463,481.02 37,829,963.97 Circulation . . o « = = - . 2,133.395.00 Bonds Borrowed ¢« « = = . . 1,958,000.00 Reserves for: Ac Interest, Discount and Unnmed Incme A6 S Taxes and A Exm et cetera . Contingencies . . cmmeom o TO‘I’AL.. $92,885,972.49 740,085,118.46 MAIL THIS COUPON TODAY $2,621,079.55 4.770,365.45 5,634,672.34 13,026,117.34 B