Evening Star Newspaper, January 21, 1925, Page 27

FINANCIAL. THE EVENING STAR, WASHINGTON, D. C., WEDNESDAY, JANUARY 21, 1925. FINANCIAL. * 210 STEEL OUTPUT GROWS. I Prompt Action | NEW YORK CURB MARKET b i { NEW YORK, January 21—Opera- L O A N S Flrst Morigage Loam[ FIRST MORTGAGES Money to Loan . T yipudinties, of i Mhnited FOR SALE Bucurad by frst deed of trust on real estate Reccived by Private Wire Direct to The Star Office i States Stecl Corporation are beyond Lowest Rates of Interest and Commission | | Provalling interest and commission per cent of capacity, compared with | " - N 0, Wash. L. & 3 : FROM 550 70 $100 ([l ™o * Ffier, § Compan: fnc G i ol |:\ wit LI M o¥ ”||| i l‘ru\\‘ \I\‘ ) ) ‘m“x‘v’;nvrv“ “‘\‘ Can Be Obtained by Using Our e e . ! THEE TYPE OF SECURITY 04 L ¢ o = | Certifi r . 2] B St e | By . |z, diviing 33500 Al A Vo™ eSOk By FINANCING > 5 e pos 1 Ala 3 le n' m Steel and 7,000 tons to Inland ATTEL TIT N v ? sincss heine xtooy i : 805 Fireh 8e oW THRIFT WEEK SUIT PURCHASERS ‘;;'”“‘"“5 1/2% B § one 5 it —_—— J F SH | ouses roperty o T e oy 1 B s ot '““rjl";‘m‘-‘g -1}‘]';’:_‘ [y O | IS HERE A,WIES = E:A Unlimited Funds Available ar ) e o | 643 Louisiana Ave. N.W. FRED T. NESBIT Investment Bullding The way to be thrifty is FEDERAL- AMERICAN Applications Invited £ SAE goe i [ e —— NATIONAL BANK | " R || | Reasonable Rent . = - ~ § e b We have 6159 first trust SOUTHERN FRUIT ARRIVES. [ RESOURCES, $14,000,000 First Trust |l notes in denominations of Saul Buildi NEW YOUK, Junuary 21 1315 F St. |4 Loans $100, $500 and $1,000. au unlding JOHN POOLE The payment of interest 925 15th St. N.W. In any amount. Secured on ¥ [l when due and principal at improved proverty in the ; District or outlying sections. maturity is guaranteed by Excellent light and air—various size the Lowest Rates Quick Service suites—attractive rentals—elevator *serv- ice—immediate possession. Real Estate Mortgage & Guar- || | Theshors epmbol ndicuss |18 Stone andl Fatrbnx " |l anty Corporation i In the Heart of the the largest electric light and | | i 26 Jackson Place N.W. Financial Section power companies in the ¢ 1342 New York Ave. Resources Over 52,000,000 country—the Illinois Power } 4 ! ewer i Main 2424 o : A !ai?:‘il I:rg:;"(‘i::poar;gf;"d “ || L. E. Breuninger, President B. F . SAUL LO. o ) AT T T e o 5 1ed - - - atmorethan $117.000.000. Main 2100 925 15th St. N.W. These propertios ascurp asiin A vestment in the Dirst and Refund ing M = 30 515 % FOREIGN LOAN SOUGHT. Boads of tha Corportion, ik NEW YORK, 1 ! we are now offering at price 97 and interest, yielding 5.70%. g § Large Trusts ] Large Loans Availabie EH. Rol]ms&Sons | May Be Re-Financed ' 1 S%% ded 1876 quickly and sati - - - 416 Woodward Bldg., Washi torily through this / RATEb ON BAR SILVER. 3 New fice. Comp ]‘ ted s ] / | Interest \\ YORK. Ja / x 1 3 ments 1 proper- | = ot haild / # Insurance Company Loans wcceptable se- | Long Term Financing I Building Loans New Issue v | BOSS ano PHELPS j Refinancing 5 | . LOAN DEPARTMENT $8,000,000 ] 1457 K Street NW maroso B || Weaver Bros., Realtors Chicago PrOduce DiStriCt : : . 735 15th St. N.W. Main 1821. First Mortgage 6% Serial Coupon Gold Bonds . [Safeguarded under the STRAUS PLAN] THIS IS THE DAY Dated January 15, 1925—Interest Payable January 15 and July 15— . S Serial Maturities 2 to 17%2 years—Bonds and Coupons Payable at Offices Set A(‘)“’\;NDYUSG%! L%l;:ETD‘:’Yeek a8 | of S. W.STRAUS & Co.—Callable at 104 and interest for first five years; 8 ) i g | . THINK A BIT i i t ¢ re engage the Zny g 103 and interest for second five years; 102 and interest for balance of it 4 o OWN Y | 5 term — Federal Income Tax 2% paid by borrower— Denominations ! ¢ 3 fact that you mu $5,000, $1,000, $500 and $100. 3 “ ,.T.fivfi-' 3 e ma D e A I You can invest a good dea i s wher MORTGAGE INVESTMENT it . ¢ i half an hour. bit: as SERIAL MATURITIES AND PRICE st as fast as you save $I00, pay st money in half an hour, but. a Maturity Amount Price Yield Maturity Amount Price : A5 CR=ai 3 ; Rt i the old song says: “It may be an. 15, 1927 $176,000 100.78 5.60 Jan. 15, 1935 $238,000 99.63 uly 15,1927 181,000 . 100.57 575 July 15,1935 245,000 99.23 Jan. 15, 1928 187,000 100.41 5.85 Jan. 15, 1936 252,000 99.21 103,600 100.31 5.90 July 18, 1936 260,000 99.18 199,000 100.18 5.95 Jan. 15, 1937 267,000 99.16 Ju 5, 2054 O 100.00 6.00 July 18, 1937 275,000 99.13 Jaa. 15, 1930 211,%0 100.00 6.00 )An 15, 1938 284,000 99.11 uly 15, 1930 215,000 100.00 6.00 July 15, 1938 292,000 99.00 an. 15, 1931 188,000 160.00 6.00 Jan, 15, 1939 301,000 99.07 July 15, 1931 193,000 99.73 6.05 July 15, 1939 310,000 98.57 {Afl 15, 1932 199,000 99.72 6.05 Jan. 15, 1940 319,000 98.54 uly 18, 1932 205,000 ©9.70 6.05 uly 15, 19540 329,000 98.51 _V 15, 211,000 99.69 15, 1041 339,000 98.49 99.67 uly 15, 1941 349,000 98.46 90.66 an. 15, 1942 359,000 98.43 231 00" 00.64 6.05 July 18, 1942 346,000 98.41 for years—it may be forever.” Keep vour money in the bank ith the condi- i sl until you know what vou are of a " THIS 1S REAL THRIFT ‘ Cent doing. THIS IS GOOD COMMON-SENSE | 5 Ask for Booklet Vithout a OUR FIRST MORTGAGES SHANNON g & LUCHS ’ —have a proven record of safety e —— e &) 713 and 715 14th St. NW. Main 2345 0900002 DIONRAD R ARAARARAS OSSOSO s ey - = = PURPOSE OF THE ISSUE: These bonds are issued for the purpose of financing the removal of Chicago’s produce district, the second largest in- dustry of the City,doing a business estimated at more than $500,000,000 a year, from its historical location on South Water Street to a new and improved market especially planned and provided for its needs between B. F. SAUL CO. Morgan Street and Racine Avenue,on West 14th Place and West 15th Street, Chicago. This industry, the largest produce market of its kind in Equltable Co-operatlve Bulldmg ASS n s ' Main 2100 i 925 15th St. N\, the country, which constitutes the general market clearing house of the | JOMN JOY EDSON, President FRANK P. RE produce business of the Middle West, long since outgrew the quarters | R e S AR L which it occupied for approximately a century on South Water Street. i i NS i o R Rl Its rcmgval has bfeen mad? necessary not only by_dfia fact, but by the so- Subscriptions for the 88th Issue of Stock Being Received called City Beautiful municipal ordinances, providing for the boulevard- ing of South Water Street under the program of the Chicago Plan Com- mission. This financing makes possible a new central market with ex- i LS([['(‘ fl)[' a Pll]p()se ceptional shipping facilities provided by practically all the principal | * trunk lines entering into Chicago under conditions permitting the ut- ok Saving mos ¢y m the Equita- 5 N L An I . most efficiency and economy in operation. i Sh L \ ble systematical way will give (1] OSS to Vs y llvest()l . tares vou-an interesting object in : MORTGAGED PROPERTY: The bonds are a direct closed first mort- i fifa: Decatibe sou have a def = Y gage on land and 165 buildings to be constructed. These buildings are to i b $2.50 i "‘L‘_Iu’“_ J lf.n L_ 2 deni- | m 52 earS be erected in six groups,each constituting virtually one structure, 3 stories f Doy Monih nite purpose in view. Lay 3 in height, separated by wide streets and alleys. The arrangement and i vour plans for the future equipment of the buildings are scientifically planned to meet the demands i N-O-W! 5 . P HE acid test of time—now 32 years—has heen of the produce industry; and Shg site. selected is ideally adapted to the ! 915 F St £ ) appli\(‘d = tl:r Fitet Morigage Imeqmmi\_ purpose. Completion of the buildings is guaranteed. 3 x5 sold by The F. H. Smith Company. They have VALUATION: We value the land and buildings when completed at - S - i “.’"(” "Vl‘“'c”]‘"i): (\}u:“:e:;";\ 'fg":_':“ C‘""J‘:’Ig o e $12,500,000. We have appraisals in our files from independent apprai- essiices ORs0 SERERCAL Gl LS sers of recognized standing showing values in excess of this amount. i | j—— - = —_— Smith Bonds, thereiore, are the ideal inv £n P i i ment for.those whose first consideration is safet -E(\)!D IA’; ‘Ené%—;_ F‘}'{l‘ #gg&f& | EARNINGS: The 165 buildings are being sold to produce merchants i “1"1‘;\ il a;\e you the same satisfaction xhex‘lm\e £1 = > of under a uniform contract providing for payment in 198 consecutive [ riven to thousands of other investors living in monthly payments. These payments will provide an annual income b APPLICAT]ONS INVITED EiNen e every part of the United States and in many for- eign countries. st AS ONE OF 5 Al & INVESTORS 184 | much more than sufficient to meet principal and interest charges on the DCOARTMENT I bond issue. Contracts for 150 of the buildings have already been signed. for LOANS on BANK” i MORTGAGOR: The bonds are to be executed by the Chicago Title and IMPROVED PROPERTY 7 0/0 First Mortgage Bonds Trust Company, trustee, under a trust for Messrs. B. K. Goodman and | {OUT INTEREST OR i Hugh McLennan. i Lacated in the | Smith Bonds, strongly .secured by improved income ETeT i : . x i District of Columbia and adjacent | producing city property, are sold in $1,000, $500 and $100 s that you { We believe that these bonds constitute an unusual investment opportu- Suburbs in Montgomery County, Md. denomin\a_nons, and in maturities xmmd.,’ years to deposit in a sav- 4l 5 n 2 . | years. You may invest outright or under our Inve ings a for one year and nity and offer them with our unqualified recommendation. We suggest | ment Savings Plan, by whkich every payment earns the pay us back ten dollars a month. I prompt action on the part of those interested, as this issue will be very Your one-hun dollar invest 1] l | full rate of bond interest. ment wWill bear interest at 4% b quickly scld. e Y 1 per annum, compotinded semi-an Call or write for literature describing this issue. Ask for 2 (0] ! nuatly | The F. H. Smith C fovettment will be ‘worth S104 00 CIRCULAR 220—G i INTEREST e . . omit 0. Under the usus avings plan, L e | | Founded 1873 one. yoar would be Worth $1252. & [ Apply 10 | FIRST MORTGAGE BONDS Come in and talk with us about . 1 thisinew (nvestment pian: " ESTABLISHED 1\8~ INVESTMENT BONDS INCORPORATED i H. L. RUST CoMPANY | Smith Building 815 Fifteenth St. ?{‘.‘;‘J?f?iit'ii‘,i"v“;.fn‘"@ffi';l' NATIONAL METROPOLITAN BANK BUILDING ; | | THE 7. x. sMITR COMPANY . 8:30 a.m. to 5:30 p.m. Saturdays, f WASHINGTON, D. C. i LOAN CORRESPONDENT { : St Bullding, Weahington;:D; ©: i e O ! Telephone Main 5847 | Ghe PRUDENTIAL INSURANCE i Pleasé send me circulars describing current offerings | —_— ; , | | of your 7% Pirst Mortgage Bonds. THE DEPARTMENTAL BANK ' 43 YEARS WITHOUT LOSS TO ANY INVESTOR i COMPANY of AMERICA I “YOUR BANK” | i : || 912 15th Street N.W. Main 6888 ' 1 - | 1 1714 PENNSYLVANIA AVENUE N.W. Under Unit 2 Address.