Evening Star Newspaper, September 25, 1924, Page 29

FINANCIAL. THE _EVENING STAR, 'WASHINGTON, D. C, THURSDAY, SEPTEMBER 1924. FINANCIAL, Received by Private Wire Direct to The Star Office 30 Silserdal 3 K Prevailing " Interest and commiss on | . ) f sl 4 Dl B, | HJoseph I. Weiler o7 £ e Desirable Offices Bought 10 Tonopas Drewe’ 11 4. F. FOOSHE, Suite 1011, 1319 F St. N - onopali Divide . Bl Suite G013 b N | : ’ BY WILLIAM F. HEFFERNAN. | not coincide with the statement of [ 3 Tomopah Exiens ' E Main 1522, “When Buying” "I —in our bank building. fac- Qur_clients are ready to pay W YORK, September ne | the chairman of the compan 11 Trinity Copper . : 4 S = . en Duying ing New York Avenue. now cash for SECOND TRUSTS in upward movement predominated on| A {Wo-point advance occurred in S United \erde it el Mkt coit any amount The rates will s the curb exchange today. but price | E45t Pean Electric, carrying the | 40 U'S Coptinentai: .. 13 . O . 77 | 2 please you if the security is sat- Hilh-Grade Beef Is Reported | aneee were not ait-on ine-wie o | i 12,60 and i gl cams | - Loy Bl FEDERAL-AMERICAN ur 0 Apply maia fioor. B g sdvance. Public utilities and high- | wulting in & gain of more than & | a5 wew Bad Caneei.. . ¥ : A : | MORTGAGE DEPARTMENT X | Urnira Shnclultios wbsorbea’ mout at- | pomt, wien it seached 413 Natlonal | 10 Whie €apr 0 i : NATI NAL BANK First Mortgage Notes || CITIZENS’ Scarce—Vegetable an mtion and these ‘cntered new nign | Tea nd Gillette Safety Razor were f | HANNON & LU sivund for the present movement. | favorites among b riced special- ans ASSETS LARGE. RESOURCES $13.000,000 e asstiment le seenred en caretulle B SAVINGS BANK e CH : = number of the ofl shares and the former stock getting up 10 ‘ted improved properties and placed on = s 3 5 Fruit Review. | various industriais fe t the cftect ot 0, and the laiter up three | NEW YORK, September 25.—Three e T Amata o 900 o | 1336 New York Avenue U3 and 715 14th Street N.W. | orofit-taking saies. 3 creditors, with claims totaling ,about 1315 F ST LT 3 ; | The feature of the murket was the “hares moved uncertainly, de-|3$70,500 yesterday filed a petition in the Jonw POOLE Peesmen Apply Loan Dept. Larze fat poultry and fresh pork |persistent demand for Middlewest | spite the talling off of 2,600 barrels| Federal Disteict Court for invelun- Mr. O'Donnell, Mgr. enjoyed the best hu’\,r»: xnn‘ dxdh\v tll(.lllos.h\rhirh carcied the price duiity in domestic output last week.|tary bankruptey of the Hodgeman Wagshington wholosale inarket today.| above the previous top. At mperial of Canads, io Oil and| Rubber (‘ompany, for which equity [~ e, ’ while fr beet, butter and e&Es| ompared with Wednesday's close of | Ryl Behk worn aomer e O A recaloies Sema appotiten. The’som /| Chas. D. Sager 6 moved only moderately . Buying followed vumors thai | dme. Special buying appeared in|pany's liabilities were announced at Realtor Matnis? Althougl. commission merch&nts { fividends on the common urc under | Vacuum and Standard of Kentucky, |$1.100.000, with assets of $2,500,000 924 14th St. N.W. expected a busy day today in antici- i onsideration. These, however. did | cesulting In suostuntial improvement 8 ) paiion sof eiJewish ‘holldays ithe —_——— - - ~ - first of next weck, only large chick- = : Pavens ror “acorauy s trude. There | lowing 1 an oilciat It of bonds and : - Money Available e i MONEY TO LOAN buyers for Saturday's trade. There!iowing is an official list of bonds and 5 . f F g D d f e - ::"h'; Al -E:' WaAs ally change in today's| stocks traded in on tihe New York - i | . wprors Prapery v D. G. 4 3 R day. best chickens| ‘urb Market today: 16 Ind Tunk Jupan e or I'irs eed o TRz T . ce! P 1 Kgm Neth Lix s o oy e S : i 2 2 Tru.t Loan' BUILDING PROJECTS FINANCED. and top hens around 26 cents | continue to be searce while dem: na Y :;m.‘ . N y e ‘o 6%7 lnterest FRED T NESBIT ] If you wish the liberal interc eontinues for best quali verasze um - e of . ) 3 L | : = “leipte in wholexale lots were priced Am ; . 5 b : : e S s ahve| A SN : : Prompt Replies to Applications _—ssestmant Bldg. . NUS NS ] return and complete safety Am top. were 10 cents and lambs about 12 to 13 cents. . Am i i 0 § z A JAMES F. SHEA | 4 which the highest grade High de Bect Searce. - 3 i | onda 6 5 1 L. INSUES. Dealers in fresh meats declare iull B 643 L . A Nw i & e 2B & O 5y 4w B . ouisiana Ave. IN.W. there is a scarcity in fresh beef of T ) 7 : i i S top srade which would find a ready Lt e it ; ; ) i . - market if on their hooks. What is| ¥ 1 rougn — = : 7 | i available runs in price from 15 to 19 s a pound. Lambs were quoted| 3 . b o . Jel ’ i Quarter : e > ol assis .houl‘aulumrn!r“.‘i\m\ S 1 8 T 4 2 i 9 Publlc U(]h[les il B I % ifford, we will be glad to assist e ; | Have you money to ! 12 cents. Local veal brought around i 15 and 16 cents. | g s ey S . 7 a invest where it will be ! in the selection of maturities and Fresh pork had a range of from | P 4 03, 611, Today’s Leading Thrlft TextbOOk safe and produce the I Centur . 28 to highest current rates - ¢ S suitec i e e Commission merchants do not ex- tien " Aspiialt S # 5 10 - kit Without umounts suited to your require pect but very little If any shipments eneral L'et 6 gy i Investment lik | Savi of interest? Then see for Monday and Tuesday n\Aln.-,' the, Gnre o 011 g —Ahke an actual Davings us about our First a Loss ments. Jewish holiday. They also declarc| . : - ) 3 o . Mortgage Real they used to 40 some business in t Keneas 5 4s 10 3] e g S|l Public utility securities are f_\jcfi““' Hoe epgenier T ton has gone base ball mad, nobody | Tenigh ) e 0 | 5800 Vacuum oil today the favored investment ollar-sense 1n the thinks of buyinz after the noon hour. Yanti Power. | NDEPENDENT OIL STOCKS for a safe, adequate income. young. Mortgage Investment Dept . Vegetable Review. Siplon Lol (Co k. . e g inereas Fruit and Vege foreix & (o 7 | We have prepared an inter- 4 Now while their minds are in The Department of Agriculture's National 1'.'.nw . . Boston Wyo 0il 8 A iEs | b vegetable market report follows: New i) Pub S | G Cariu Syodicate b esting booklet, entitled, “Pub- the formative period is an ad- W] HANNON LUCH | 4 liberal, demand 3 - . gni | i it Sery 4.1 Teilits E vantageous time to begin sav- I . - . A D eaoy Dirala, Vi ‘) O e 4 | lic Utilities for Sound Invest- tim = 3T = Tinta: No. T3t mohes. up i Do L1t Sery seeim " ment,” which clearly shows ihE: SrcounSHonvouR DU, 713 and 715 14th St. N.W ®inia, > ches up. 9 1 s oo i v serip. G 1 SEY % v : ; Grimes. 5.0045.50. some fair condit 3 bab & ; . : oh \reole loymal s g why this type of security of- i - | Main 2343 | Main 2100 1412 Eve St. NoW 4-00a4 BB X X .. 2 fers one of the best oppor- |[{J| § The OLDEST National Bank 234; | o T O i uir il ot Vo s iaes st inithe Disitict o Golumbi i S o Deniclons 20082 50:boxes: Washs | > 3 Kiroy et il vites initial savings deposits of ington, Winter Bananas a:gmz:n::zlgn : 4 IO e o1 |l Mail the coupon today ior a One Dollar or more. fancy and extra faney me s g 5 Muriand Kefin 4 | free copy 3.00a3 Virginia, extra fancy De- | S 0N Y : I “ioamer on : 4 e 3 z 5 Jicious, few sales. medium to large . 13 Mount I'rod ; 5 3% Paid On Savings | Sizen, 3132400 | Bk : ; e ut s Thomas W. Brahany ‘ Cabbage—Supplies liberal. demand Union Oil 6s R New Miztans timited. markec faicly stexay: Xew |G vwm Ol oo | JEF el MRS 20 ‘ and Company Natlonal 55 Years Without Loss to an Investor FIRST MORTGAGES afternoon hours but since Washing- 1 Reanecots ' § & Finen, York, bulk, per ton. round typ . 2 Webster Millx 612x 30.00, some fair conditioon | i el Cantaloupes —Supplies moderate; de- o Wilkins Building, Telephone | . mand moderate; market steady: Joval Can 0’8 il Washington, D. €. Wain 6ise || Metro t Colorado salmon tints, standards. 45s ol o | | | DR mostly. 3.00; pink meats and SALES Sunstar o o 5 tints, flats, 125 and 158, 100a125:| Capital Traction 3 E Unow il o (a1 1 i g2 Themas W. Brahany & Company 110 110 + o ney | dews 3 town (; ilox 0l & G 2 s_un:_a:d ; r-gdu‘ : hon e s ST Wilcox O & Gas, 4% 4% Wilkins Bldg., Washington, D. C. Years an Years casabas, Capital Traction Co.—10 4t 9212, 10 at 021 INDUSTRIALS Piease send me u cony of vour tree |||f Old Old Onion Market Dull. {1 at 827, z A FEENEL) booklet “Pmblic Ttilities Por Sound Onions—Supplies moderate: demand | “"";::‘,:: ) -- Am Gax & Bl new. 85 04l Tuysstuient Capital, Surplus & Undivided moderate; market dull: New York and : Am 1, & Tract 171, 1360 13 e pmfiuv Over $1.700.000.00 at yellow ies, 4 303, B Am W & Lt new. 191y 481 ! % Jome smalt sin flonal Rark 540 Renienini: i | Asdress Bt {}] 15th St. opp. U. S. Treasury 20; some small size, 4 » UsSEome nnmn = \llmn.l Mtge. & Invest. pfd.—50 at 9. :x-r’ll:; & bt | a e reh Daniels M'd & p Ark Lt & Pw pfi t. climax baskets Con-| |, 5 * Atlantic =aticlina 2 | Capital Traction Co.—5 A Horoon & A F = The Asset of Location ‘eaches —8 es ht: demand | at 977, $2.000 |3 Cent Py Peaches—Suppli light; deman 19 2 v Cent Pipe Location in a building as widely known as is the South- moderate; market steady; Pennsyl- X . $300 | Chatterion & Son Ll Chie Nip vania, bushel baskets, Elbertas, large | * S, rractio 25 20 a1 92% 1 Chie Nip size. poor . 2.75; Virginia and |3 at 92%. 10 at West a. bushel baskets. 25 > Sme 2.2 tly 2.25; various| _ UNLIST! ABTMENT = W Cor phd Sariotics el Ponat 50 Nwa | Washington Title Insurance Co.—50 at 9. G tow oriptd York, bushel bLaskets, Rochesters,| Mosey—Call loaos. 5 and 6 per cent mostly 3.00. NDS. ¥ 7 Pears—Suppiies liberal. demand BONDS. Bowhier e Cast o moderate, market dull; New York, i rices. z i Gaikeist basiacs ity Bidandiasked Brices e e Oregon, boxes Bartletts, extra PUBLIC UTILITY. 7T Duz A.... 450 boxes extra fancy, 5.00. Bd. Asked ast Lenn Bled Potato Supplies Moderate. : By Potatoes—Supplies moderate, de-| AB: T¢ il g ot 1 npect 3 w8 mand moderate, market steady; New tia & Pofomac : . safety 3091 Jersey, United States No. 1, 1 Amacostia & Potomac % 8 JIrlh Coublers Green | € & B TeicPhose. of Va, 35, z s Mountains, 2.40, 2.25 per sack. | chpital Traction R. R 2 Hall Switch Swect potatoes—Homegrown re- % 3 . 3 Hazeltine Corp ceipts light, demand moderate, mar- { Hesden Chem ket steady; homegrown uncovered | Metrovolitan R. R Aa.........- ; Hosiond Ma barrels Nanc Halls, No. 1, mostly 5.50. | patomac k Z ] Interocean Rad .. Celery-—Suppl! moderate, demand ::r'rnfl:: . Jopes light, market dull; New York, two- | FPotomac Elec. 6a 1953 . : Kesstone” Soitiie thirds crates Goiden Self-blanching |20k ElecBow &, mo& reC Ta. 407 0716 | | 7 Leligh Power sec. n the rough, few sales. 0. Vash.. Alex. & Mt. Vi e : | Menzel Box i lLettuce—Supplies modaerate, de- sh.. Ralt. & Annapolis Midile West Uril mand moderate, market steudy: New | Washingion : b Nehies e York, crates big Bosion type, best,|ivasn Her. ; 3 Natl Tea Co cautious Kaffir arms himself with an 1.75: some leafy, 1.25al.50. Wash. Rwy. & Flec. gen. 6s... 983 Niek Plite new wi Tomatoes — Homegrown receipts MIRCELEASNEGS N Piate new pf wi | \ Assegai. The cautious American se- light, demand moderate. market firm, | | . pooo et o et 2 Paige Motor....os. cures himself with 615 First Mortg homegrown u. hampers, No. 1.1 Riggs Reaity 5 (long) 4 Pathe Ex.. s - 3 = = : 1.00a1.25, mostly 1.00. RigEs Realts S5 (aort Deeriess Mo age Notes on improved Washington Waan ey, Coia Storane 5 : s Tem p property—made doubly secure by the OiL OUTPUT DROPS; STOCKS. e &G s : . long-established reputation of Swart- o 2 zell, Rheem & Hensey Co. Are vou IMPORTS INCREASE ._;:,‘j;‘” s _ rviea B Ba 8 Y A5 N one of these? URING the Boer I ar, aweapon much in use by the Kaffirs of South Africa was the As- segas. This is a short sharp- pointed spear used forboth thrusting and throwing. I: 15 sometimes tipped awith a poisonous vegetable ex- tract. B ern, with the highest class firms and businesses as neigh- bors, is an asset of tremendous value to any coficern. Available now, we have several de luxe suites and single R TR 90 000000000000000000000000000000000000 offices at moderate rental rates. Apply Manager—First Floor WABKER Southern Building Main 2690 > VERY person has some means of —~ protecting his possessions. The 00000000000 0000000000000000000000 e Mic Ity & Lt.. Fashington G ‘n' 5 i " By the Asociated Press, &% NEW VORK. September 25 —Tne e e e 1 Fexioom. 1 Sioes = o SRE tion of the United States decreased NATIONAL BANK. X ; - ‘ 2.600 barrels for the week ending | xgtional 5 - . 2 - 5 b 3 > 5 Septomber 20, totaling 508830, me | Sanana O B | e o : 7 : SW ZELL.RHEEM &HENSEY (0. cording to the wee'sly summary of | Commercial ... e 7 4 A 7 | The American Petroloum Inetitute. | ATt o = 1y ; : | EXIN | p]»-/j J}‘[rp[ NW — The daily average production east of | kaqever. Americas - s LI B California was 1.426.050 barrels, a de- . ken 3 M ; A h .D-C een ir L D e T TR L o E (Ld§ ington lion' was 612800 barrols, a decrease i ot Sy of 1.200, = b 0 . Tower Mg ... Daily average imports of petro- | National Washington. .. ; e K2 ' . " 4 lesku ne principal soris for (he waek TRUST COMPANT Uni Takeries pfd 101 “The Ccnlral Branch, at »th and ended September 20 were 254,857 bar- | United G & E new. £ rels. compared with 167.286 for the | American Security & Trust..... Uni Light & Pow & ¥ Massachusetts Avenue, N. W.— Continental Trust.. previous week. Daily average re- et BOAK: ot 3 R . 3 i ceipts of California oil at Atiantic | Natons] Saviags & Trust Shs Ccn_tml Seventh Street business section, and Gulf Coast ports for the week | r 7 ended September 20 wera 95.000 bar. | Wash. Loan & “Tru Ware Rlv,i‘m Corp.. 23% | rels, compared with 94,571 for the SAVINGS BANK. R 5 previous week. Commerce & Savi 0 5 5 Gulf Coast crude oil was reduced ‘Washington. MINING ) 10 cents a barrel and now 1s bein 24 Canario Copper .. t S e e e - BT : ur _entra ranc FIRE INSURANCE. Hanan One-Quarter of a Century Old MORE REPORTS WANTED. & oo i o 4 . | . . . Investors Stock Exchange Acts Following TITLE INSURANCE. ! ; % 1 Today marks the completion of twenty- Recent Broker Failure. D e i L T : €2 five years of successful banking business by S B ey Copbar Obzp. ; . MITH Bonds set a definite safety standard b Y YORK, September 24.—Steps MISCELLANEOUS. S e o , the Central Branch of this Company. - z ek oy to tighten the regulations of the New | Merchants' Transter & Storage. 125 R £ % which you may be guided when making a First York Stock Exchange covering the | Mergenthaler Linotype ; ; 087 H 3 ot examination of member firms’ finan- | Mtg. & Invest. pfd .8 1 , 7 3 . v. to er with pro- Mortgage Investment. ere are investments tha 83 Diieh Narker ra 3 o flts Mi Service and Safety, togeth L in more than half a century have never caused any clal condition were taken vesterday|Gi§ Puich Market pra.. o 3 : banki thods: B b when the business conduct coramittee | anston Monotype ..... = 3 K v 3 ods, ye BEen re- 2 2 o % : : it rase.: SRR G il 5 2y 3 investor the loss of one cent of principal or interest. requested statements from all mem- | Security Stora; 3 . : . < hers as to whether perlodic audits of | ¥ S SN : o sponsible for its steady growth. their books were made s — e - . = : ’ he uction is a sequel to the failure Current offerings of Smith Bonds, paying 7%, Larx'u:\n r.: 'l':e'..hn:;: w}::fi;‘;:fi;nhfl::; K 2 are protected by safeguards that for 51 years have aid to have revealed tnat the firim AMERHCAN SECURITT proven 100% efficient in protecting investors against was insolvent for some time before ¢ 5 5 the defalcation of George R. Chris- loss. You may buy these bonds in $100, $500 or NO Loss IS Bartre " dlacot” FIRST MORTGAGE NOTES —=2ARD TRUST COMPANY = 411000 i nmnatione; O UETHG or. der aa Tatest. = questionnaire, answered by the firm 15th & Penna Az ment Saving Plan that pays 7% on every payment of ANY INVESTOR last February, revealed no irregular- o N e Sular FOR SALE $10 or more. As a result of the Day & Heaton dis- Plémentasy syetam: win be dovica| | IN DENOMINATIONS OF Capital, Surplus’ and Undivided Profis ; Telaphone Maia 6464 by the stock exchange to keep quar- i e 500 DOLLARS AND UPWARDS Over $6,000,000.00 The F. H. Smith Co. | = r = s coum 5 . . (] Ue e sead What Experts Buy. 815 Fifteenth St, Trained investors always buy se- curities that have a substantial loan | | BRANCHES: Founded 1873 Please send me, without obli. value. One of the surest methods of % 7 e gation. Information about curvent determining the value of any steck a// 9, : Mass. Ave. N.W. - sitaring nds paying is to seek a loan on it. If yvour banker NEN $ Central: 7th & Ma & A First Mortgage Bonds. % declines to consider it as collateral Northeast: 8th & H Sts. N SMITH BUILDING 815 FIFTEENTH ST. Fame ... you can rest assured its marketability & i 3 does not amount to much. M m - Southwest: 436 7th Street S.W. Rral ——— i Northwest: 1140 15th Street N.W. ; N ‘The first successful steam fire engine = made In America was completed i Cincinnati in 1853 SMITH EUILDING