Evening Star Newspaper, January 2, 1925, Page 29

FINANCIAL. YEAR'S LIVE STOCK |, 20252050 =1 RECEIPTS WAY UP Valuation of $528,489,268 |, Placed on Animals Sent to | L-umber " Chicago Market. Than After-War Maximum. Exceptionally heavy lumber pro- but with unsatisfactory fal results, and marke - 1923, Mr. Compton tively low in - cent less thar maximum CHICAGO, > s the Chicago MARKET FOR U. S. APPLES. The growing importance of Liver | pool as an apple distributing ¢ ressed in a recent report rece Edwin Smith of the U ¢ Agricu and other a view to development of the export of this country, BIG STEEL PLANT SOLD. I. C. C. GRANTS DELAY. |['7o FEDERAL EMPLOYEES Time Extended for Installing New | Train-Stop Devices. i E WANT YOU AS ONE OF raflroad w 50,000 NEW INVESTORS IN THE SAVINGS DEPARTMENT oF “YOUR BANK” To get your investment we will loan you ONE HUNDRED DOL- LARS WITHOUT INTEREST OR ENDORSEMENT. The only condition is that you will leave it on deposit in a sav- Ings account for one year and piy us back ten dollars a month. Your one-hundred-dollar invest- ment will bear interest at 4% per annum, compounded semi-an- nuaily. At the end of one year your $100 investment will be worth $104.04. NEW RATES SUSPENDED. Under the usual 4% savings plan, if you save $10 a month for ten months, your $100 at the end of one year would be worth $102.52. Come in and talk with us about this new investment plan. Banking Hours—8:30 a.m. to 3 p.m., except 1st, 2nd, 15th, 16th, 17th and last day of each month, 8:30 a.m. to 5:30 p.m. Saturdays, 8:30 a.m. to 1 p.m. THE DEPARTMENTAL BANK “YOUR BANK" 1714 PENNSYLVANIA AVENUE N.W. Under United States Government Supervision ecurity equally Production Heavy and Prices Less | {| AND ALL OTHER PEOPLE | THE EVENING ]FERTILIZER MAKERS FIGHT SHOALS BILL "Head of Association Considers Un- derwood Plan as Danger to Industry. Senator Underwood frankly avows he would make possible, and continu- ously maintain, by a grant of Gov- ernment property,” said Mr. Ober. “The production of 2,000,000 tons of fertilizer would not be enough to supply the entire demand, but it would seriously disrupt the market,” Mr. Ober said.” “It would have to be sold for any price It would bring. It would displace tonnage for which there is now more than ade- Guate manufactu ing equipment, caus- | ing demoralization in the industry pecial Dispateh to Hauled by five horses, a load of hiy weighing ten tons was moved several miles, breaking a record of big loads In Australfa. yclation are opposed bill leasing Muscle 18 every effort to STAR, WASHINGTON, iward E. Bartlett, jr., president of the D. C., FRIDAY, JANUARY 2, URGES BIG COTTON CROP. Exchange Head Would Maintain Supremacy in Supplying World. in the cotton |~ — WE FINANCE Apartment Houses Business Property Renidence Property Hotels, Ete. Higbie & Richardson, Inc. 816 15th St. N.W. 1925. ton Industry was beginning to re- cover from the serious conditions caused by the short crops of 1921, 1922 and 1923, due to the ravages of the boll weevil, which had an off Year in 1924, General prosperity trade In 1926 was forecast by Ed- New, York Cotton Exchange, in a statement emphasizing the import- ance of a good crop in the South | next year and succeeding years, in| order that America might maintaln | supremacy in supplylng the greater | part of the world's cotton require- | ments. As a result of a more satis- factory crop In 1924, he said, the cot- | out defeat of the bill. Gus- of Baltimore, presi- 1 Fertilizer Asso- ssued a statement, states that the fertilizer lustry of the United States repre- Wash., D. C, Dec. 20, "24. « Pay to the order of Mrx. B. Thrift $35.00 for 6 months' interest, due Dec. 20, 1924, on $1,000 1st mortgage note purchased through our Mortgage Department. 111 necessarily have ing_effect. | - rtilizer industry Is engaged fort to prot. | st competition which | | This is a facsimile of the many Checks leaving our office daily to investors in our 7% First Mortgage Notes (Established 1899) 15th and New York Avénue Extends to His Friends the Season’s Greetings WISHING THEM Health, Happiness and Prosperity For the New Year (22 Note the date due and time sent.) Once you invest in first mort- gag ner form of investment will to you. Send for com- plete ils. Notex now on hand 5100 up. Apply Mortgage Depart- ment, C. L. 0'Donnell, Manager. Chas. D. Sager Realtor | 36 924 14th St. Main 37 MONEY TO LOAN IN ANY AMOUNTS Upon First Mortgages on Improved Properties In the District—Current Rates Prompt Service SHANNON: & LUCH) REALTORS And Mortgage Investments 713 and 715 14th St. N.W. Main 2345-6-7-8.9 Aletter—even a2 postal card ~mailed today, will bring youthe January Investment Guide of S. W.STRAUS & CO. This involves no obli- gation and no expense, but places before youa sum- mary of investment oppor- tanities which you cannot afford to overlook in mak- ing up your January invest- meats. Ask for BOOKLET 362-G \ 4 GAIN, with the new year, we revise our familiar slogan, now “43 years without loss to any investor”. < After all, buying bonds is like buying anything else—your best protection lies in the integrity, the responsibility, and the experience of the House from which you buy them. Q S. W. STRAUS & CO. EsTAMsEEDMSS W INVESTMENTEONDS W tNcoRPORATED National Metropolitan Bank Building WASHINGTON, D.C. Telephone Main 5847 ©1925-8. W. & & Co.. Inc. APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent . Suburbe In Montgomery County, Md. 51 2 /0 INTEREST '.Appl.v to H. L. RUST COMPANY LOAN CORRESPONDENT Bhe PRUDENTIAL INSURANCE COMPANY of AMERICA 912 15th Street N.W. Main 6888 XZ. ILOANS FINANCIAL. MONEY TO LOAN E>51/2% Any Amount Apartment Houses FRED T. NESBIT Investment Bi Main 9392 FROM $50 TO $100 ed by Using Our of Inventory, Appr and Title. CHATTEL TITLE COMPANY 805 Fifth St. N.W. El; Mofiey to Loan ~ | Becursd by first deed of trust on resl estats Prevailing interest and commission MONEY TO LOAN 1/ 7 Any Amount (¢] . { L.E Breuninger Sons Main 6140 FEDERAL-AMERICAN NATIONAL BANK RESOURCES $13000.000 0I5 F ST Jowm PooLE Pmsmem Dean, Onativia | Co. Stock Exchange Building New York STOCKS and BONDS COTTON GRAINS COFFEE SUGAR MEMBERS New York Stock Exchange Chicago Stock Exchange New York Curb Market Association, N. Y. Cotton Exchang Chicago Board of Trade N. Y. Produce Exchange Minneapolis Chamber of Commerce WASHINGTON OFFICE Main Floor, Woodward Building Phone, Main 2040 JOHN CALLAN O'LAUGHLIN. Manager Devote Four Minutes to These Four Distinguishing Marks FOUR minutes devoted to reading and thinking about this advertisement will give you a firm grasp on how to buy first mortgage real estate bonds this January for safety and a good income. Investors have long known that these bonds possessed two qualities hardly ever found in combination —a fine record for safe- ty, and a liberal interest rate. But the experienced investor has sometimes objected, “How can I know they are safe, on their own merits? How can I judge them apart from the general reputation of the issuing house? They all seem to be pretty much alike. Where are the facts on which I can form my own opinion?” These objections are met and answered in the Four Distinguishing Marks of Miller First Mortgage Bonds. These four Marks represent facts. With any Miller Bond circular before you, you can check them off, one by one. Here is the material on which to base your own judgment, wholly disre- garding our own record and reputation: 1. Independent Appraisals: Nothing is more vital for the investor to discover than the actual value of the mortgaged property securing the bonds he buys. This value is ‘what enables any bond to stand on its own bottom. We believe that investors are entitled to more than the unsupported statements of our own expert appraisers. In every circular describing a Miller Bond issue, you will find signed appraisals furnished by local authorities — banks, real estate dealers, building owners and managers, archi- tects, contractors. We establish the facts of valuc and caming capacity as a court establishes facts—by taking competent testimony. Bank Certification: The validity and legal correctness of the ordinary corporation or municipal bond are supported by “opinion of counsel.” Miller Bonds are also based upon opinion of counsel —counsel for ourselves and counsel for the owner. But in addition, we ask a local bank or trust company to certify that the bonds are valid and secured by the mortgage. Every bond bears the certificate of the bank which per- forms this service. 3. Moderate-sized Loans: It is our policy to keep the average size of our loans relatively low—in the neighborhood of $500,000. We prefer to finance a great number of medium-sized undertakings, easily managed (and easily sold if desired), and ‘widely scattered throughout the country, rather than to underwrite a few loans of large size in restricted localities. The buyer of Miller Bonds can diversify his holdings as o location and type of structure. But the owner of even one bond has the benefit of our own wide diversity of undertakings. 4 "Full Interest Rate: Miller Bonds pay the full rate of interest obtainable on high- ' | grade, first mortgage security in the territory where the financing is done. Nothing is deducted from the interest rate for our services— though our services extend through the whole life of the loan, twelve to twenty years. We don't attempt to arbitrarily set a standard rate and make all our issues conform to it. Owmers of Miller Bonds get the full benefit of full interest rates—up to 7% in the South, lower in some other sections. Your 1925 investments are an important matter to you. They deserve your serious consideration. They should be illuminated with a new idea, if the idea can be discovered and is obviously sound. With a Miller Bond circular before you, you can make your own tests. Sign and mail the portion below for descriptions of January bond offerings paying up to 7%, with brief folder on the Four Distinguishing Marks—Folder B-7205. Cut here—use portion below as coupon G.LLMILLER & CO. Incomromarco LOCAL ADDRESS—308 PHILLIPS BLDG,, 927 15TH ST. N.W., WASHINGTON, D. C. New York Philadelphia Baltimore Pittsburgh SEND BOOKLET B-7205 AND FIRST MILLER wrorrage St. Louis Buffalo Atlanta Memphis Knoxville JANUARY OFFLRINGS OF BONDS . IN - WHICH + NO - INVESTOR - EVER + LOST * A - DOLLAR