Evening Star Newspaper, March 2, 1925, Page 27

INANCIAL, THE EVENING STAR, WASHINGTON, D. O, MONDAY, MARCH 2, 1925. : FINANCIAL. NEW YORK CURB MARKET | |STUDEBAKER REPORTS | rocet b e co. || “WHEN" buying eur || REAL ESTATE LOANS | Money to Loan g, . oo Small and Large Amounts First Mortgage Loans Reccived by Private Wire Direct to The Star Office NET PROFITS UNDER 1923 o, o u. 2%y RS, 1o KIRST MORRCACE Re@inancing jon:toug-Term Basls "“";‘;.5‘{";"‘.:.‘5‘;.2‘. B L e | ok Batin. o Fatopiek wik Cobusdliton By the Associated Press, b P LOW INTEREST RATES Wash. L. & Trust S by EW TORK. March 2—The Stude- b % Unlimited Finds Available eller 5555 & F Nw | Thomas J. L;:“fi’n‘; Sompwy; InG LIAM F, FERN A International around 34, Adirondack |baker Corporation in its fourteent! 3 B e R e S R R Boest a1 Dispatch to The Star. Power and Light at 40 were also at|&hNual report shows a falling off in | Ash In office FRED T NESBIT . ¢ _NEW YORK, March A the best for 1925, net sales and net profits from 1923. n::'{ Ay Sasi Car stock's response to the declara-| There was another demonsiration|In 1924 total net =ales amounted tate mortgages (frst lien) 81.485,950.07 INVESTMENTS —m'“""“ .- e tion cf a stock dividend of 33% per|on the buying side of the toils, forc- | t0 $135.406,054, a decrease of 18.5 per | ftocks and bonds (market value) 38,526,390.27 reca bees Unti cent and an extra e i SORE, cent, r.nd net 1 13,773,869, | Premiums uncollected and in You are assured due precaution hay n el d an extra of 1 per zent in|ing the general price average. up.|cent. 7. prodts were §13,773,869, | “y,ndy of agents . 2,185,268 65 en to safegu your interent. A MMERCIAL CASUAL' p n n additlon to the regular quarterly 1% | Standard of Indfana, Penn-Mex Fuel, | Which was 24,9 per cent less. The net | Interest due and accrue 1,424,083.05 | | sonal tnspection JERSEY, We Sure; dis. per cent in cash was an advance of e 8 Stands profits were at the rate of 10.2 per [All other are two of req; on the 3 4 3% points at the opening to a new |sas w Sl S cent on each dollar of sales and §7.03| Folley colluteral and corpora- Prompt and_ courteous serivce follow Under the Districs Dy et 1024 a8 rtnded || tributing gratui- 5:30 Today high record, followed by heavy trad-| is . and Royal Canadian, Wilcox | Per share on the outstanding common o Jame 13,722.392.35 | purchase of our securities. June, 30, 1902, and August 18, 1911, tously “EVERY. Ing between 23 and 21 thereafter. and Gibson among Independents. stock of 1,875,000 shares. The report| Total assets . #ora0.78030 || Notes now on hand in amounts || Cita} stack b 0000000 MAN’S FINAN- for the The market as a whole gave a| De Forest Radio was heavily of-|howed a surplus after dividend pay- — of $100 up. Y A g —7ror con- £00d account of itselt and the buying | fered at new low prices below 25, but | Ments of $5,678,869.21. Not unpaid clatt oo ... $273.178.00 Send for Booklet 3 . smone ||| CIAL SUM- of speclalties brought u number to]ran up sharply later on covering op- i B ra s sk iy a0 80 e CHAS. D. SAGER 2 szt ||| mary,” wnicn || venience of our the high prices of the year. Among|erations. In the mining section Your Banker Knows. Peiaties; ik e Mo ate mortgages (At llen). 2.317.200.00 wilt be found of these was Kelvinator, which was car- | trading continued heavy in Kay Cop-| When in doubt about @ security | Cash dividend: 1 ¥ Loan Department « || Btocks and bonds (market alue). 4.470,629.78 t assist many patrons ried up another 2 poi to| per abov. % liver wiiia 2 viden: ¢ Fremiums great assistance p a er 2 points or so to|per above the 2 level, while realiz- [ consult your banker. It is equally | All other liabilities -»or , 36 048.61 i . above 31. This had a sympathetic|ing sales, following the recent sharp | s much his Intercst as youns to pror M. 37 L anes (|| In preparine W i the govern- effect upon Light and Power, |advance in Engineers’ Gold, appeared | tect your savings. You trust him ot aniiiies rearas ,_5’2{“,’ 715,78 as 901610 | || your tncome & which also reached new high prices| to have run their course for the time | with your deposits—why not trust| sear 102e -Life Teeartome it aoa ofythe 024 14th St. N.W, e ik 40,000 || Tax return. - above 4. Crole Syndicate at 11, Swift | being at least. him with your investment problems?| , disability provisions 2 t t. et baes AT Shphisls ment service— Amount of Hiake ed during SahEiril anbe i e evees 30,024,917 You're invited NEW YORK, March 2—Following v 5 " = '_'" Fesr Iase . -$55,871,626.00 4 LIABILT to call and se- 15 an official 1ist of bonds and stocks| 7 Mex Pa Lossas suntatood diwind tha ke S Mro Maghes Asanr Kot unpaid claima and others. onds a o s L — ,085,267. R M cure a copy. - traded in on the New York Curb 1 Mount Prod ...... W‘W‘W' e b Re-ins: ganizec 81 e : R T s ,., et 19 New Expknd!d during the year 1924.. 12543.108.82 alaria New Mex Land. B. H. WRIGHT, Fresident. i nype Sales in BONDS. Obte Fooi oot 89 3 F". tM t 5 w. G & . 7 M| commissions, broxerage, 302,272.14 Thousands. High, X Peer OI Corp.... S origage Baber i Capital stock. © 1,500,000.00 T R ol e ; gag! i et 5 vt e e —111 Years Old % Bl ‘\ 2 : Notes th a3 of Jangary, 1625, yan Con . i Total labflities 624,917, WA 6 GHAM, ‘workmen's compensation losses.. 191,076.79 v I Prod. E . during, the ! X . For Sale in Any Amount Personal . Accident and Health, coupoum: AT A 5 E Security Carefull, Selected STATEMENT OF THE CONDITION Liability, Auto Property Damage TERE: t States ofi.. & 4 OF the and ‘Collision, Teams' . D, other P. D. and SNEEns ST * Publie. e + : y NORTHWESTERN NATIONAL INSURANCE Collision, Burglary, Fidelity and Surety. ’ : Woodley Pet - 3 g D™ Y - PAID ON - i 3 ; ustained during the year TANG & WIS E 5 6 ; : INDUSTRIALS. R B D Cember, 1024, a# ‘required I "514,7148.68 SAVINGS 15th St., Opposite U. S. Treasury % Prait 8 9 " ek Power. 40 3 INTEREST under the District of Columbia Code, amended Money recelved during the year 21 Ad Frui S Toc. . 91, 5 Adirondack Power, For Thirty-Seven Years Weo H June 30, 1802, and August 18, 1911 1924 Betl Tel of Can 9 o Cas & Bi..- § i R R I Capital stock s 2 e RS CE SHALE ¥ Hiwatian 878 10 Wm. H.Saunders Co., Inc. Capital stock, p 5 1000,000.4 W. VAN WINKLE, Secretary. . Z ARRRRERERER AR L & Trac pid: 1433 K Street N.W. - aay o Foorusy, Togn. 0 Pefore me this 10k I rY Phone Main 1016-1017 Ol b ol Py (seal.) "7 RICHARD B, GLOVER, Am Po = | Cash in bank Feh I Notary Public. m Pow & L pfd. § g 27 e ' Real estate . I 210000000 Commission_expl; E t bl C t B ld A i Secbownd X £ el eriate icai 1508 o000 : ‘ o expies Aori 10, 1020 quitable Lo-operative bDunding Ass n Am Superpower B. e Stocks und bonds (market value) 8,608,501.47 make plans that will free _fi:::"l:{fi»f !?::vj ! ] FIRST MORTGAGES T e o0 them from worry in later First Mortgage JOHN JOY EDSON, FRANK P. REESIDE, Sec'y '\"li:?-?x‘»rd::--'fi“ S years. Ask for our spe- || Bonds 2 Organized 1879 45th YEAR COMPLETED ) cianarance rocoverable i e I o 213268 Surplw ... 8131701140 Gon st FOR SALE iosies'paia per Sehedule €77 cial booklet about the e e eale On Income-Producing_City Prop- Brit-Am Tob Cou. amn Denominations of $250, $500, $759, “Total assets 4 $11,; S i CaF Light —opooe 4] ’ $1,000 and upwards ises most secure and satis- |j erty of General Utilization— aa th 1 f Stock Being Received Cen g i 6Y,% Yot ooowia ctaima L sast o factory method of sav- The highest type of investment Subscriptions for the 88th Issue of Stoc Ing Receive: bapin Sacks & Co. 9 eserve o deos .. . c Cilatterton & Soi ] 2 2 Baiavies, “ents, expenses, tazes, i ing and investment that e Checker Cab Mg A 2 : All Loans Made on Property ; i o Located in the Distriet of can be devised. Now Offering: gy o S Y Cotmmabin AR i | 20-vear 6169 Sinking Work and Save for a e VRRIRRIRULR e Cons Gas Balt new. 3 : || JAMES F. SHEA || e i i 2000 It will cost you noth- | Fund Gold Bonds, ¢ Home of Your Own i Shares s A ol ing to obtain the book, Bk Wil At $2.50 Total liabiliti 11,497,808 42 and there will be no ob- || 7 z i ruit of labor and is a RS R T L R T Cuaracibe of bualieds asiaciad durine (e Heation ments, Providence, § Property is the fruit of | and is a DPer 1 r 192 ‘ornade A by . \y 24 H 7 H h Dubilier C & 5 | STATEMENT OF THE CONDITION Asount of riak sasue & Rhode Island. 8 positive good in the world—Join the Monh D s ¥ LONDON AND LANCASHIRE INDEMNITY | Lowes sustatoed during the yeur % | itable S: ont Bi' Bond & Sha pi 10 0315 | COMPANY OF AMERICA OF NEW YORK | 1028 ©rvonrn, e 1,884,156.55 Union Discount Company, Inc. Equitable foavers. B & S nc 631 N 24 | on the 31st day of December, 1924, as required | Money received during the "" Mortgage Investment Dept. NEW YORK : 1avestoes ; B i Toot 7 T 4o 1m0 | .t 2 104 | Fome: ‘h(|5:;‘:”)‘m‘x {A.‘;.n‘fll Ttgn 2mended | prpended during e | 4.001.948.70 Philadelphia, Bostan, Albay, Newark, ¢ t Tihe IS P AR N-& LUCH : 915 F Street N.W. Firestone DAL Sk, on i ‘ el g § ribed _apd sworn to before me this HANNO v \ Main 2177 o S 21| Cash'tn offee ; Tiseal)* TUHENMAR 7 BOMDMIANN, . W. . reshman _ Chas 21 e Office..... .- - e E| N J ANN, - -2 il - 3 Gon iy Corp & i | Cash in bunk Notary Fublie, Miiwaukes County. 713 and 715 14th St. N.W. | RS Rl S e e e e e S Gen Adv C Ve wi iy | Stocks and bonds (market vaiue) 3,312,659 (My commission expires Aug. 28, 1927.) 3 & i T o Main 2345 s of agents. - E. J. WALSH, Manager. e g0 T AR Since Grant RN R NRIC R RRI RN ‘z LT e e oty Rabie Ao L SR 3 APPLICATIONS INVITED Tati Match Corp pt “ | S s, expenses, i e M N N N ] e Offices For Rent e g for LOANS on e NS e L Frovmoynmouymes ot || | [MPROVED PROPERTY Do Pet Co7Tid: ; ibby McN & Lon 8 ate giak, Ddelits aAd surcts bosds President of the United States. Two Stlatry L s Raaio i § { | Diate, Slade, Hdelity afia surety bouds, work Reasonable Rent months carlicr, in_ January, 1873, The Ydhe Wl v e B ey BD St Coopeny we s District of Columbia and sdjacent fid W Ut pr lie Smith Bonds are owned today in all the Located in the g e 3 16 Wese pao: 95 : ; ntoller. 1.1; Edmde g Suburbs in Montgomery County, Md. ) Sone ‘ i N uia Sobsceibed aad fwora to before g this Joth Saul Bufld_u]g countries visied by President Gr:l:‘t 7300 50 Ind. sic Master Cord i | (seal) Y 4 France, Italy, Egypt, India, Siam, 1 e it e sl b na B e 2 China, Japan, Cuba, Mexico; in 20 it : ® 2 ¥ Tl Copid:l 1) 3% 1 . = 925 15th St. N.W. other foreign lands, and in every State E (o) Southern 8 Motor Wheal Co n 15 $ day of February, 1. B R 3 Motor : T gelon INDE e it : Ready for Occupancy INTEREST FROM $50 70 $100 S T e Apply zo n Be ned by Using | % : —_— e 4 Bt e O apeainar ana Yo M B. F. SAUL CO. TheF.H.Smith Co. H. L. RUST COMPANY = e , A sk coprane Main 2100 925 15th St. N.W, Founded 1873 FIRST MORTGAGE BONDS LOAN CORRESPONDENT B s s mi L I== ] SeithBeNIE L S Doy &he PRUDENTIAL INSURANCE Thompson R O vtc E: N’ S N THE F. H. SMITH COMPANY Tobac Froa, Bxpes i STATEMENT OF THE CONDITION Smith Building, Washington, D. C. 4 COMPANY ¢f AMERICA United G & E new 3 3 3 COLUMBIAN PROTECTIVE ASSOCIATION wam | o oF BaveRANTOn £ . e bl G Ie Y 912 15th Street N. W. Main 6888 s requirea Lt & Heat, under, the District of Columbia Code, amended Lt & Heat pt } | June 30, 1902, and Auvgust 18, 1911 Mach 2 AFTER CALL. T wi adio Corp. Cash in office AR G e | 8 N, e 8 4 plespt et o Sk A Loan On Your House © com.—10 at 1084, Vet Taxt Corp N Y 174 173 Al ead ncbve MINING Advertising and ptg. (in’ stock) R T B L R i asieie - Statement of the Condition of the sthaler Linotype—10 at 182 Calumet & Jerome... ¥ e 5 —or other real estate may ‘ . : ; L3 p . o Bl o) o |WemaEm e Se interest rates through - Equltab e Life Insurance Company BONDS. (nmwn s PAMEL o , g PUBLIO UTILITY. Tarmil Div. A ¢ A 1 (e 5 ¢ of the District of Columbia 068 3 Hecla Mine 1% cick aséumed during Howe Snd new vie 2li e n R R e o s AR 2 oot ¢ 3 BOSS AND PHELPS 7' On the 31st day of December, 1924, as required under the District of Aicomia & Dotomac ; AL, ouer T T e T i : Columbia Code, amended June 30, 1902, and August 18, 1911 stia & Pol Mason Val * Expended during the year 1024 N DL ST ta.c : McKin D E u (inclnde: ey LOAN DEPARTMENT . Ol e parh \'m»?m:" 6 ;md\l:\sr;ill:;‘b’;A DREWS, President. Capital stock . . 5{28'000’83 P 5. ANDRE ecretar: : : 3 £ ! R e puth L 3| o Subicriien apaswor 1 before me. this WAL (IR0, MATEN Capital stock, paid up, in cash.......... $120,000. Pt Srii : : X th day of February, 1925, 3 e o s i o (Seal) AVIS ASSETS e, Pow. 3 Tono i 1417 K Street NW . Cash in office... s $2,42 Fiee, Pow. & m. - LR S i § A : sl e ; , Cash in bank.... S 67,022.9: i & A oo S o =, Ao a0t a0 FEDERAL-AMERICAN 5 Rl ahe 25509200 tal Tract Warh., Alex. & Mt Utah Apex ing...e 8 3 i fi 1i ot = * 1,073,200.00 § e NATIONAL BANK ; ; S TR ) i %9500 Bonds (amortization value).. . E ... 1,80843 SHORT-TERM SECURITIES. | RBOUR::;‘?E Is"lst,.ooo.oon | Premiums uncollected and 1>n hands of agents ¢ 119,936.00 5 C (Quotations furnished by Redmond & Co.) Interest due and accrued. 5% $ 5,707.59 : 2 : G Gner SO SN, Peatra l d Loans on assigned policies. Cold Storage . ) . Bid. Offer. Whtdnda ark ol G- T o AT s 10 108 - An nsure Loans on collateral.esveeeseeeeenns STOCKS. : e Tl 3 s 5 : e We Buy and Sell lnvestment bRl AEBETS s it %t o s ol wmmihinci g AR BT 2 ; LIABILITIES < 2 Rt ether e Aprit 15, 10 4 leerty Bonds IF you are a purchaser of our First Net unpaid claims. .......... ; $11,041.50 Chl., Mil. & St Pam 6s 1034, i B Reserve as required by law... 2 . 3,201,930.60 s Pacts 1026 Mortgage Notes on improved Wash Premtans poid: f Svshre: . 0. “Lyons s 1984. National rnu:.\»T.“m”‘ B .k' aeed ? G & ” % Tl'easury Notes mgwn property, you are insured agam“ Salaries, rents, expenses, taxes, etc... Cotumbl, Ry s ¢ financial disaster. All other liabilities A 6242.64 e o % ‘ederated Metals 7s 1939, 2 # s © 12 : e & Ml :"“';‘{’L:»:d,f“ &g il : Etc. History has proven that, in the long run, ST e 16.40028 erty e O Y H safeguarded First Mortgages are one of E e ot e g s G J Bond Department the steadlest and safest investments . Total ha?xlmes % o g;z?gzfie 3 Market value of bonds in excess of amortization value.......... 58,188.62 The Washington Loan known. g 3 Oregon Short Line 48 1929, COMPANY. Peansylvania R. R. 78 1880. Amertens ocuriy s Teus Pure Ol Sigs, *August, 1025. 100 and Trust Company Our Notes are issued in large and small Character of business transacted during the year 1924: Industrial utinental Trist.. ; o o3n. 1 inati AR ; and ordinary life insurance. ;'w”;“n“," arites & et = ok ot e s 900 F Street denominations, al{xd the }f %d/ o Hg;e Gt Amount of risk assumed during the year 1924.. .. $3,423,854.00 ¥ 3 paid semi-annually on the day that it is Losses sustained during the year 1924........ .. $316,606.31 Trust. : & 8 *(:’:lubl‘n‘r \al“lflw Z e ‘Vk L i “‘M'L‘hn;‘rht;u:;’%’li’f":é; }33'1%3:;?34 tor pay- 620 17th Street due. Money received drhnn thelgszr 1908 . i o $1é;(_)g,9f(l)(2)é = =% : o & & . gm grity Expended durin; e year ‘ R 52,5 TR P o S ‘ e ofter you the fudgment and i AT i s e ey ks BONDS of a company of over fifty-five years of nsuran . De : 924.. Snags UR’gm Washington Mechaaics % BUTTER HIGHER TODAY. . s : AR, o " CHICAGO, March 2.—Butter, high- ) % S f h ZOth.d £ Feb = 1923 American . : e tras, 44; standards, 3 ubscnbed and sworn to before.me this ay 9 ebruas y. . y % firsts, 263a27%; ordinary firsts, 25. Market Recelved Dally b TRUSTEES 2 Tule.. 7 Send for Special WILLIAM A. BENNETT GILBERT A. CLARK ;\&%{:—I\% 11;- ,’585“‘,;’5 v MISCELLANEOUS Market Letter 3 . HENRY P. BLAIR J. LEO KOLB CE D. ROSENBER GRAIN EXPORTS HEAVY. v Tttt eorerrs 180 BALTIMORE, March 2 (Speclal).— : A W ALLEN C. CLARK WILLIAM H. RAPLEY JOSEPH SANDERS Rathual Wix RO WL 10 Exports of grain through the port Peter Whitney ; = APPLETON P. CLARK, Jr. WILLIAM W. RAPLEY LUKE C. STRIDER ; 3 of Baltimore last week totaled 296,- § E . : LLARD Sonaties i 401 bushels, including 148,887 busheis 203 Investment Bldg. Rl . BENRY K. WI Eecurity . of rye, 70,000 of barley, 64,765 of . P . - i - Jaskiagte a:w ‘wheat, 8,240 of buckwheat and -1,941 “Ex aividead. sesse Lot malt,”