Evening Star Newspaper, December 30, 1924, Page 25

FINANCIAL. NEW YORK CURB MARKET Re_ndve‘ by Private Wire Direct to The Star Office 7 BY WILLIAM F. HEFFERNAN. NEW YORK, December 30.—The advance in the call monoy renewal Tate to 5 per cent, as against 415 Mon- €ay, and the reported calling of loans by local and out-of-town banks caused traders to go slow ob the buy- ing side today. At times during the 3esslon parts of the list were defi- nitely weak, but stocks in which pools are supposed to be operating continyed to be supported and fur- ther upturns were reported Despite uncertainly in the general price movement, heavy speculati kept on in the radio group, carrying numerous issues to top pric Wide 1y circulated rumors concerning these’ tine Corporati Ware Th reached buying new continued CHICAGO, December 80. fowls, 16a2 18; turkeys, 3 Duplex Con- and vhile Freed cn, ermiodine tops, in De Forest oils were bid up aguin, | but most issue optimistic that the indu corner and mend. The rial Oil of « ris that a speci be nade ture of which mined. ning section came to 1if aile statements p conditions ] int advanc d to respond to t out to th d 1 the to stockholde could ot be deter Utah Apex following the RATES ON BAR SILVER. NEW YORK, silver, 86%; Mexican dollars, 51%. December 30.-~Bar MONEY 52% BULLDING PREJEOTS FINANCED FRED T. NESBIT Isvestment Bldg. Mais 9308 A GOOD BEGINNING 1925 IS ALMOST HERE—Iet us help you start the TO LOAN Any Amount Apartment Houses Business Property We sz Interest O CHRISTMAS BRANCH OFFICE DISTRICT NATIONAL BANK 9th and New York Ave. FINANCIATL, I H Continental Trust Company Capital One Million Dollars 14th & H Streets T Money to Loan V7,4t desd of trast on reat 'nnnl-wn::mt -t eller #3575 § ¢ 5! FIRST MORTGAGES FOR SALE 6147% 1 | FEDERAL-AMERICAN NATIONAL BANK RESOURCES $13.000.000 IS F ST 2o Poois Pusme SAVINGS THE TYPE OF SECURITY CONSERVATIVE INVESTORS BUY IN DENOMINATIONS TO } SUIT PURCHASERS JAMES F. SHEA 643 Louisiana Ave. N.W. WANTED dend and ¢ United Verdic but lost ers did little companies are that one or two of the larger units are negotiating for con- trol of patents which are vital to those now possessing them year right financially by showing you how to avoid all possible risk in investing your money. THE FIRST MORTGAGE NOTES we are selling are absolutely safeguarded against loss or depreciation—and they vield much greater interest returns than you can obtain from a vings bank or the average stocks or bonds of fluctuating value. TART the New adoptin vou 1 the gain while oth Year by Building Loans First Trust Loans Collateral Loans Suggestions for 1925 Income Builders A good return may be had from the Bonds listed in our current “Investment Securities.” 7% on your 1923 NEW YORK, instead of the usual lowing is an offic Stoeks traded in Curb Market today De Your savings plied to an our 7 will be ap- investment in st Morigage bonds curell by 1 Rubher ity property . 2 ave behind them our %5 to any investor in Sales tn thousunds. BONDS. Mortgage Investment Department SHANNON - & LUCHS Main 2345 o g = b ol Mateb pfd wi Alum 78 new Rolllug Mills 6 Tareud Co 6. Anaconda 6s Aa"8im "Haraw aiia AN G 16 S 38 At Genie” 8 Tac Beaverboard §s - Beth Steel 7o " Cen Nat Ry Ts.. n Lea 6s w Chi Tnien_ Sta Cit Serv 78 ¢ Cit Ser P & Lt Bs.. ® Coa Gas Buit @ias D €oos Textiles Ba.. sums may be in- under our Invest- ment Savings Plan and every payment starts immediutely to earn 7%. Send for a copu The National City Company Washington—741 15th St. N.W. "lelephone—Mala 3176 713 and 715 14th Street N.W. Bianacmsse Continental Trust Company Fourteenth & H Streets Capital One Million Dollars », Call, write or telephone Main 6464 now for our free booklet te)'ing about this profitable plan, ..—»-—zw!:uauzuq MONEY TO LOAN ON FIRST MORTGAGES AT CURRENT RATES OF INTEREST Randull H Hagner ¥ G SMITH BONDS ARE “ Tel Ca Plate mw wi Plouw pfa wi 1087 5 Pecrote Qty Gay [ 1028 Detrolt 6a.. 1028 £ Rtrott Faon 00k o7 2 Dun Twe & Rub e 10134 & R G Wes 55 wi 2 Federal Sogar s 9 Galr, Robt 5 Geseral Pet © 3 Grant Trunk 63 3 Hood Rubber 23 Intern Match 63a 2 Manitoba Powe. SAFE BONDS The F. H. Smith Co. Founded 1878 FIRST MORTGAGE BONDS Smith Building. 815 Fifteenth St. We Pl CHRlSTMAS SAVINGS llllel‘tll Your Guide to January Investment is Ready IN CONSIDERING Jamraary investments, your best guide to safety is the integrity, the responsibility, and the experience of your investment banking House. The length of time it has been in business, under the same ownership, management, and con- trol, and the volume of securities it has sold with results satis- factory to their holders—these are vital points. 3 Patk & Tilford 6s. X Bennok OUl 6% ... 2 PbG&E b Serv of N re Ofl Co_6%s 18 Shawsheen Ts ..... = Wesster i, FOREIGN BON § City of Bopeta 8 nch Nat Mai Mtg Bk of Fin 74 ep of Per §s '44.. 10 RekGay 5t 16 Russ Govt 3 Russ Govt 8lie 8 Ruse Govt 6345 cr. 45 Ruse Gov ¢ of 13 8 Solvay & Co bs '34 B 1001, Ssierin STANDARD OIL ISSUES ts. " DISCERNING INVESTORS have purchased millions of dol- lars’ worth of Wardman First Mortgage Investments. Not one of them has ever suffered a loss in so doing! Current issues beo: are available in denon to £100,000 WA The record of S. W.STRAUS & CO., which with the new year will become 43 years without loss or delay in payment to any client, should be of especial significance to you at this time. As a help to January investors seeking safety, diversification, and a good income rate, we have prepared an Investment Guide, listing sound first mortgage serial bonds yielding 6% for most maturities, with a general range of 4.30 to 6.20%. Call or write for it today and specify BOOKLET 363-G S. W. STRAUS & CO. BSTABLISHED 1882 - INCORPORATED 1 1001 el District Navional Bank. 1406 G STREET N.W. 6€ interest, and ConstructiomCompany | | 4430 K Street LI Main ;550 ouse One-Tenth of Washington's Populat Y to the order of Mrs. B. Thrift $35.00 for uonths' Interest on $1.000 1s chased through o a facsimile of the ann s leaving our office dail; South Pena 0il Pi 10 Solar 1 First Mortgage Notes (£&7Note the date due and time sent.) e you invest in first mort- s no other form of investment Send for com- ex now on hand Avpls Mortgage Depart- 0'Donnell. Manager. Chas. D. Sager Reattor Ray Hercules lnc. »and Silverda ga Tark xet Gas - So 1 Brit-Am Ofl 4 Brit.Cont 011 NATIONAL METROPOLITAN BANK BUILDING, WASHINGTON, D. C Telephone Main 5847 42 YEARS WITHOUT LOSS TO ANY INVESTOR § Cltien Service ptd 2 Cit Sers ptd B .. 0,00 Clt Eore serip. 10 Folumbia Syod 41 Creote Synd 9 Guit Ol of Pa 4 1924--5 W. S. & Co.. Inc. T Wenden ¢ L z - Mai > Yuk Alasl in 3 924 14th St 7 Mount Prod 183 54 Motual oU_ Vot s 12i il EL New Fog Fuel Gl 21 w Mex land.... CLOTH PRICES STEADY, NEW YORK 30.—The | cotton goods ma “purs ,.1‘ an even, quiet o o price worth print ations etood at 9% for 64 by 60 and 10% for 68 by 72. Raw silks were unchanged in a slow market. December toda , with mentioning ; Second Trust Notes Bought Our clients are ready to pay cash for SECOND TRUSTS in any amount. The rates will please vou if the security is sat- isfactory. MORTGAGE DEPARTMENT HANNON_& LUCH 713 and 715 14th Street N.WW. Main 2343 Bonds Paying 6% % and 79 for January Investment A g A Word to Speculators. If you must speculate, select a rep- utable broker who holds membership in a recognized stock exchange. K3- change requirements, in themselves, are some protection, its mnnhc-r< must comply with bu provided by rul If 2 member v hazards usually his gre PAID ON SAVINGS ACCOUNTS o :};,"-fiiu. The OI DEST National Bank in the Cit Inventory Time (]This is an excellent time of year to take stock of yourself so to speal(—'to check up your fnances, mcome and outgo, and take suitable steps to insure a more favorable “closing of books™ next year. qAn account in Our Savmg’s Dep!. affords the most practical means of bettering your personal finances. Your money has National Bank protection—earns 3%, Compound Interest —is always available. Pay day's here —get your account started with the New Year. Open Until 5:30 P.M. Tomorrow and January 2 BooReamaLoalish-o ‘We are able to offer for January investment a wide assortment of Miller First Mortgage Bonds paying 6%4 9, and %7 %. Recent surveys indicate that rates of interest on real estate mortgages aredeclining, and it is doubtful whether we could at this moment duplicate the bonds offered in our January circulars. In the South, the expansion of industry and of population, creating an active demand for construction money, has thus far kept the rate on high-grade security at 7 %,. As the oldest and largest institution of its kind in the South we have secured a number of the choicest pieces of current financing. The resulting Miller Bonds offer to January investors a liberal rate of interest backed by an unbroken record of safety. In the North, by taking advantage of suburban developments, we have obtained equally attractive issues. X tronda: rondack Pow b a B Cotton Fab vid Gas & Elee 1 Capital and Surplus $2.000.000.00 What Have You to Show —for the twelve months’ effort your 1924 employ~ ment exacted of you? A big fund of experience, and nothing more? definite sum EVERY PAYDAY 3,"Lov’l‘s EC‘UOH‘ Osicr hercafter, and another new : I J. GALES MOOR: with something more 2 42008 perience to your credit Depositors You g Open Until 5:30 P.M. Tomorrow and Jan. 2 Rate of o Interest R \lr,f)‘u‘A"L\“lnh st Paid on Fhe SON Large and Small Accounts These bonds possess, in the Four Distinguishing Marks, features which enable the investor to form his own opinion of the soundness of the bonds. He can check them, point by point, for Safety, Validity. Type of Structure. and reason for Interest Rate He can compare them intelligently with other se- curities. Sign below and mail for booklet of Janu- ary ofi’crmgs and for folder describing the Four Distinguishing Marks—Folder B-7204. Com’s i} m Cont Bakeries A 1¢ Cont Bukeri 8 Cont Bak ofd. alt naw. o esident 1 Cortiss_Aero pfd. it 28 D For Rad v t ¢ wi. 2DAR Gr W wiapt 43 18 Dupl 18 Damt Cofe "oant.; 7 Dub € & B new wi 31 Dubilter C & Radlo 88 Dubll C & Rad ris 1 RG: 2 0. H. P. JOHNSON o gm:nzlxcx DeC. FAUST. fBank a g Cashier Auditor Dmtc‘mns ARTHUR T. BRICE WATTER BROWNLEY EREDERICK DeC. FAUS GUDE CHARLES JACOBSEN ) ok We're ready to help Cut bere—sign below and mail the coupon G.L.MILLER & CO. INCORPORATED, LOCAL ADDRESS—308 PHILLIPS BLDG.—~WASHINGTON, D. C . H, HFEB THOS. SOMERVILLE W. R. TUCKFRMAN AN DA%, THOS, MELTET, T FENRY LEONARD -Pres.dent LIBN] irst ' Vice' President B . A, GEORGE W. WHITE National Metropolitan -~ Bank Capital, Surplus & Undivided Profits Over $1,700,000.00 15th St.,, Opposite U. S. Treasury for Washington People Interest Rates 6% and 612% Wanted First Mortgage Applica- tions on N.W. Property Apply Loan Dept. C. L. O'Donnell, er. Chas. D. Sager Realtor 934 14th St. N.W. New York Philadelphia Baltimore Pittsbu St. Louis Buffalo Atlanta Memphis Knoxville Woodbury Saie Jumes A, Deposit W m.._m A Boxes at ity Nominal 3 Rentals National lYe-rI Blair Buchanan Church ephane William D. Hoo Reg naid S, Hnidekoper Victor Kauffmann Charles Minshall Tawund D. Rhéem Frauk Stotson Frank W. Ston Wil'inm W Hears K Savings & Trust Co. Oldest Savings Depository in Washington Cor. 15th and New York Ave. SEND BQOKLET B-7204 AND MILLER ioittos Years Oid | 1 JANUARY OFFERINGS BONDS . WHICH - NO - INVESTOR - EVER - LOST - A - DOLLAR OF Organize i 1814 Address. City and State. M. 87 38