Evening Star Newspaper, January 19, 1925, Page 23

THE EVENING STAR, WASHINGTON, D. C, MONDAY, JANUARY 19, FINANCIAL. * FINANCING WHEAT AN[] EURN We Buy and Sell | rrgmy - Apartment [ | Business 4 e ST iy | Houses 5 /2% Property HIT NEW LEVELS | Liberty Bonds - ¢ on the common and reports were current| the short interest galned momentum | nault carried it to @ new top. With | | orders for long account. Later the | of the way, it not difficult te bid e il L b 1 in Lwerpool Bond Department "h was bid up almo: points ' ter | By tha Assoc'ated Press Nge was most pronounced in thr that $1.50 a share would be Initiated. | o ! heas ) NOtes and was accompanicd by an ascumu: | the. ol ok and the sehee to san. | 1002Y’S Advance in Values market lapsed into a perfod of com-|the present shares to a fresh high | Among the features was the heavy ‘ The oils a fair account of Th i : L e Washington Loan SRt o Doimte 1er WA meleoth INANCIAL. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office . '\«‘\:“,w-_n A [ €0 & new high. Directors meet Wed- | I. » Januar nesday to act upon dividends on the rd movement Unlimited Funds Available FRED T NESBIT Mortgage Notes FROM 350 TO $100 C. L. 0'Donnel. Mgr. Can Be Gbtained by Using Our Chas D sager Roads Make Monday Buying Very Slow—Whalesale Prices Unchanged. move- Certificate of Inventory, | first hour today. The demand from | The demand for the new Boisson- | ation of over the week end buying | seribe to Dubliier Condenser new out Etc. Due Largely to Market parative dullness an the price around 35, but others of the group | mand for Charles Freshman Co.,|themselves, but buylng in this quar- | Appralsal and Title. Apple Market Ste Potato Receipts Li Supplies liber Peas Are Bit Cheaper. NEW g is stock YORK. January 19.—Foll ial list of bonds traded in on the New Y | Curb market today: BONDS, 3 Packers Ss. 1 Gas & Blec 6y u Pow & Lt 64 old Sumat Tob Sim H 1008, 106 1 D100 1018 1013] 108 ow ,v and 2 n orE | 3 Wilox Ofl & 1 Woodley Pet Prigen Mg HiAm Toh B v 1015 10 10 100 100 24 015 1011, 3 et wg 101 10715 & . : 5 er Mills 6135.0 10815 FOREIGN BONDS, Hogotn S L1007 STANDARD GiL ISSUES Amer FPanuco nal Oil vot cfs New " radtora o New Mex Land Northwest 0l 1 Feonock Oil Corp. 1 Red Bank 0il 10 Roy Canad 0 & R | Washington Stock txchange SALES. 1at 55—$1,000 at 100; 31 ton Gas Light—10 at 55 & Elec. ‘com.—10 at 100, 1at st 1] 1% al Mtge & Tovest. pfd.—100 at 9%. DEPT. 00 8 loans, 3 and 6 per cen B:d and Asked Pnce:. BONDS. PUBLIC UTILITY. American Tel 1 Amer. Tel. & Telg 100 1014 Tnvestors. Lehigh Val Lebigh val Co 2 Holllnger 000 * Howe Sound Tron Rlossom 3 Tib Cons 10 Spearhead Gold 20 Tonopah Divid 10 Tri_Bullion 2 Tn Fawthorne Min Tlecia Mine ... Tndependence Load. Kay Copper Corp.. CHICAGO, January 19.— ing on a big scale, all de * | wheat and corn jumped to | record prices today as soon as trading | 3 |began. May delivery of wheat went | |to above 1.90 a bushel, contrasting | | sharply against the former top rec- he close on Satur- ¥. The new advance in values here b ‘“ as more or less due to the fact that | 34% | the Liverpool markect showed a de- % | cided upturn above & | tlon:. Chicago open 3 | varied from unchanged figures to 1y | higher, May 1.881% 435 1 16115 to 165, Gas.. ll).|01'1 busi- n wheat was sald to ba huge n and rived thelr ngth largel cat. Resl | country buying tinued tiv After o at % to 1% pigher, May 1.3 36, the corn arket scored e er ad- to the to higher | DECLARE RATE CHANGE WOuLD HURT BALTIMORE | Railroad Officials S(rongly Op- | pose Equalizing Rail and " Ocean Charges. pecial Dispateh to BALTIMC —Officials | timore de utler bill, | Congress wili 3w | ¢ the West- ern Maryla Possibly Mr. Butler intr : bill simply to create public nt in favor| of it, so that such sentiment would | influence the Interstate Commerce | | Commission £ It would make Baltimors an”un- | K 1 for boat people d would ruin a e 4 not help but to the disadvantage Balti- said Arch i Fries, vice| d_Ohi. FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F St. JOHN POOLE, 1275 President Money to Loan | Socured by first deed of trust on real estate | Provailing interest and commission freight of the g.. 9th & F N.W. || 2 @ Wa L & Teust ! | . Joseph 1. Weller £2° FIRST MORTGAGES FOR SALE 612% TYPE OF SECURITY RVATIVE STORS BUY IN D!:\OMI'\ATIO\S TO SUIT PURCHASERS JAMES F. SHEA 643 Louisiana Ave. N.W. THE CO Prompt Action ‘.»».‘Flrat Mortgage Loans' ™" | Zowest Rates of Interest aad Commission i [ Thomas J. Fisher & Company, I 738 15th Street TO FEDERAL EMPLOYEES AND ALL OTHER PEOPLE WE WANT YOU AS ONE OF 50,000 NEW INVESTORS IN THE SAVINGS DCPARTMENT OoF nc. a 2 Tono Belmont .. and Trust Company 900 F Street 620 17th Street TO IN ANY AMOUNTS Upon First Mortgages on Improved Proper- ties in Curr Prompt Service. 3¢ R. And M 713 and Mai Organized in 1814 Heed the Call of Thrift Now —while you are young and can earn, so old age will find you well financed and safe from want. ¢ The OLDEST al Bank in the of Columbia is helping hundreds build compe- tences, and offers you the advantages of its service. fiOne Dollar or more will iden. tity you with our Savings Dept. This Is “Thrift Week" —a good time to become ‘‘one of us.” Compound Interest ‘National Metropolitan m Bank 1 Years Years Old Old Capital, Surplus & Undivided Profits, Over $1,700,000.00 15th St. opp. U. S. Treasury LOAN Nation- District the District— rent Rates— LUCH EALTORS ortgage Investments 715 14th St. N.W. n 2345-6-7-8-9 Ower Quarter of Cen With INVEST IN MORTGAGES ¢ They value. arc backed by actual ‘Actual Value” consists first of land, and secondly “Improve- ments,” from which the income is derived, and the value of which is secured by an insur- ra ance policy. There need be no question in a your mind as to the security back of any tury : out a FIRST MORTGAGES Los —vyou buy of us. F. SAUL CO. 925 15th St. N.W. 7 72222 Equitable Co-operative Building Ass’n . JOHN Jov CHATTEL TITLE COMPANV Realtor 24 14th St. N.W. Y, EDSON, President Or'n-lned 1879 : ... .$4,942,132.68 FRANK P. REESIDE, 45th YEAR COMPLETED Surplus \ Subscriptions for the 88th Issue of Stock Being Received Shares Per Month The Road To Happiness Lies along the path of thrift— save systematically with the Equitable and you'll reach your goal. . 915 F St. / 7 R 7, 77 $2.50 APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and sdjacent Subu bs in Montgomery County, Md. 51 > 40 INTEREST HApply to HE. L. RUST COMPANY LOAN CORRESPONDENT Ghe PRUDENTIAL INSURANCE COMPANY o AMERICA 912 15th Street N.W. Main 6888 , § i f i T e e A T e A T I for Building Homes, apartments or business properties may be obtained promptly at current rates from BOSS axo PHELPS LOAN DEPARTMENT 1417 K Street N'W Main 9300 M.37 Sec'y $1,317,011.44 1 Am. Tel. & Tel. ctl. tr. Bs. Am. Tel. & Tel. couv. 6s Potomac Bs. yderate; demand weaker “YOUR BANK” SHORT-TERM SECURITIES otatious furaished by Ked TREASURY CERTIFICATES. ~ (@uatations furnished by Redmead & Co ) oo Wirdmap Fark Ho STOCkS PUBLIC UTILITY. 001, COMPANT NEW —The cotton o | quiet todayg but som | vanced fractional markets Print for 68 by an eighth cent. with a few i GERMAN BONDS AND STOCKS. CLOTH PRICES HIGHER. YORK, January 18 (Special). were a v oth quo | tations were 91, for 64 by 60, and 11 | the latter an advance of | Raw silks were quiet | egular price changes. (Quoted in dollars per million marks.) Bid, Ger Get (yar loam 5 191418 s 1653 (sm pieces) .50 1.00 doliars per thousand 8, morks.) 4 Badlsche Anilin A B G (Ger Ge o Gellschaf! D r Bank | e uni De.rmataedter Bank . Mercur Bagk Vienna To get your Investmeat 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 pay us back ten dollars a month. I| Your one-hundred-doilar invest- ment will bear interest at 4% per annum, compounded semi-an- nually. At the end of one year your $100 investment will be worth $104.04. Under the usual 4, savings plan, it you save $10 a month for ten months, your $100 at the end of one year wouid 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, £: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 Goverament Offices for Rent In every way most desirable. Abun- dance of light and air. Modern in every respect. Rent very reasonable. Inspect these desirable offices today. B. F. SAUL CO. Main 2100 925 15th St. N.W. T'ARVATION rations, rank drinking avater, mountainous seas and mutiny could not. daunt Magellan. His glowing visions of sinning fortune through the dis- covery of a South West passage to the rich trading ports of the Indies fired him with determination un- conquerable. But on a lonely littl: island in the Pacific this great navi- gator succumbed to the clumsy barh of a Sebu savage. Ventures of high promise are al- ways laden with risk. People who realize this are investing their savings in First Mortgage Notes offered by houses of high integrity, During fifty-five years of varied business conditions, prosperity and panic, war and peace, Swartzell, Rheem & Hensey Company investors have never suffered loss. SWARTZELL &H EEM&HENSEY Co. Sireel, N\W — ((d Shmqton.D €. No Loss to Any Investor 1 in 92 Years HE acid test of time—now 32 years—has been applied to the First Mortgage Investments sold by The F. H. Smith Company. They have come through this test without causing any in- vestor the loss of one cent of principal or interest. Smith Bonds, therefore, are the ideal invest- ment for those whose first consideration is safety. They will give you the same satisfaction they have given to thousands of other investors living in every part of the United States and in many for- eign countries. 7% First Mortgage Bonds Smith Bonds, strongly secured by improved income- producing city property, are sold in $1,000, $500 and $100 denominations, and in maturities from 2 years to 15 years. You may invest outright or under our Invest- ment Savings Plan, by which every payment earns the full rate of bond interest. . The F. H. Smith Co. Founded 1873 FIRST MORTGAGE BONDS Smith Building 815 Fifteenth St. [ THm 7. w swrem cowramy '} I Smith Bullding, Washington, D. C. Please send me ciroulars describing curreant oferings | of your 77 First Mortgage Bonds.