Evening Star Newspaper, March 23, 1925, Page 21

4 p——— SLUMP IN DEMAND FORFOOD S NOTED Markets Feel Departure of People Connected With Con- gress—Prices Firm. Dealers are feeling the effect of the temporary reduction in the city’s population resulting from members of Congress and persons attracted here by the regular and special sessions having taken their departure. The reduction in the population, it is stat- ed, caused quite a reduction in de- mands for food. 1t is believed by the dealers, how- ever, that Summer \visitors soon will begin to appear and cause an in- ased demand. Many Easter vaca tionists are expected from distant points this vear, and many of them will remain several day There was the usual quiet trading morning that characterizes the opening day of-the wesk's market Today's prices were substantially the ame as those reported Saturday. Todas's Wholesale Prices. Butter—Fancy tub, 7: store packed, Eggs—Fancy, selected, candled, 31a average receipts, 30 Poultry—Alive: Roosters. 16: young Winter chickens, 33al8; fowls ducks, 15a22; keats, youn each: geese, 15a20. Dresse: killed Winter chickens, 35 ers, 19a20; fowls, ducks, 25a28; geese, 10245 Live stock—C: dium, 10al1; thin, 3: live hogs, 13a13 Meats—Beef, 16a lamb, 31a32; hogs, 2 32 bams, 26a28: prints, Ives, choice, 8a9; lambs, Spring, veal, 20a22; ;a21; loins, 302 shoulders, 18a20. Fruit and Vegetable Review. Today’s market report on fruits and vegctables (compiled by the Market News Service Bureau of Agricultural Economics) says Apples—Supplies limited; demand moderate, market steady; barrels, Maryland and Virginia and West Vi ginio, A21, inches up, Romes. 6.00a 7.00; Black Twigs, some slightly calded, 6.00 : boxes, Northwestern, medfum to large sizes, extra fancy, 5a4.25, mostly 4.00; Yel- ns and Romes, 3.00a3.23, Delicious, 4.50a4.75. 3 supplies 1ib- arket steady: hel ha 5, few 1.50, mostly Cabbage—New eral: demand moderate, Florida and one-ha rs, Pointed type. mostly 1 Chlery light; demand moderate firm; Florida, 10- crates, dozen, fair quality, Lettuce—Supplies limited; demand moderate. market steady:'California, imperial Valicy. crates, Jcebers type. four dogzen, 4.75a5.00, few 5.25; five dozen, 4.30; six dozen, 3.75; Florida one and one-half-bushel hampers. B type, wide range in price North Carolina, five-pec Big Boston type, 1.50a2.00 Onions—Supplies limited; demand | light, market steady: New York and Ohio, 100-pound sacks, Yellows, United States, No. 1, medium to large size, 3.00a3.15, few 3.23 Potate Market Steads Potatoes—Old eral; demand steady: Round Whites Michigan, 1 Rurals, U. S. No. 1, 2 New stock, supplies llght; demand limited, market steady; Florida, dou- ble-head barrels. Spaulding Rose, U S. No. 2, 5.009.00. Spinach four & oston 02230 hamper: stock; supplies moderate, ma York, 150-1b. sacks.| v, o. 1, 2.00a2.15; tusset 30 per sack . mederate; ket slightly s bLaskets, 90a1.00; some zinia, Norfolk | section, barrels, Savoy, 2.00. | Strawberries- sxpress receipts 1ib- eral: demand moderate. market slight ly weake Florida, pony refrigera- tors, 35a40; mo=tly. 35 per qt, consid- erable poor condition, 10a30 per qt. Sweet potatoes—Supplies moderate; | demand modera gnarket stead 1 Delaware, bushel vellow rieties, No. 1, mostly outh Caro- lina, bushel crates Halls and| Porto Ricans. mosti poor condition Tomato Prices Tomatoe limited: de- mand moderate, market steady; Flori- sixes, ripe and turning wrapped | iginals, fancy 0: choice | count, 4.50: poor qua and_condi- | tion, wide range in prices, 1.50a4.00:! repacked fancy count, 8.30: choice count, 8.00, i Cauliflower—Supplies light: demand | moderate, market firm for good stock; California, crates. best, 3.00a3.25. String beans—Supplies liberal: de-, mand moderate, market fairly steady: | “lorida, seven-eighth-bushel hampers, { sreen, best, 4.00a4.50; ordinary qual- ity and condition, 2.50a3.50. | Iggplant—Supplies limited; demand | limited, market steady: Florida, pep- per crates, large size, 3.50a4.00; small sizes, 2.50a3.00. EVERYMAN’S INVESTMENTS BY GEORGE T. HUGHES. CANADIAN SECURITIES. | has been suggested that I |l]\l<‘-| trate the investment principles |ald| down in these articles by concrete examples talken from the bond list, not with the idea of recommending any particular bond to any particu- lar investor, but merely to. make more clear the points involved. For this purpose I am taking up foreign honds and will begin with Canadian issues There is no doubt that Canadian obligations rank next to those of the United States in the estimation of the New York market. 1 am, of} course, referring to government, provincial and municipal bonds. In only two respects the best of these (‘anadian offerings fall short of sim- ilar obligations issued in the United States. None of the Canadian bonds is exempt from Uni‘ed States income tax as are our own state and mu- nicipal descriptions. This is a mat- ter of importance only to those with large incomes and it in no way re- flects upon the security. The other difference is that some of our Fastern States do not make these Canadian bonds eligible for savings banks on the same basis as they do United Sthtes securities. ‘This, too. is a technical matter of no Rreat importance except as it bears upon the market. Making a bond legal for savings banks improves the market for that bond to a certain degree. The high rating accorded the Canadian securities is testified to by the price at which they sell in competition with those issued in the United States. For instance, Prov- ince of Ontario long-term bonds sell to yleld from 4.85 to 5 per cent, while those of short term bring even a higher price. Similarly City of Toronto_municipal bonds are quoted in the New York market to yield from 4.90 to 5.05 per cent The fact that investors are willing to pay such a high price for these Canadian bonds shows that safety is taken for granted, for no investor buys a security which will return nim 5 per cent or less without being It BY WILLIAM F. HEFFERNAN. NEW YORK. March Henvy liquidation of rail stocks made itself felt throughout the entire list in to- s market dealings and losses in many instances were sharp. Oil shares were influenced by the reduc- tion of 20 to 35 cents & barrel in Pennsylvania Crude quotations, It was noticeable that pools and pro- fessional operators no longer were making an effort to bring about higher prices. They were more con- cerned with getting out at best prices obtainable. At today's prices public utility and 0il shares were down 5 to 15 points from their top figures., whiie losses NEW YORK. March 25.—Following is an official list of bonds and stocks traded in on the New York Curu Market toda: Sales in v thousands, R0e 1 Allled Packers 6 1 Allied Packers 8 2 Amer Beet Sug C. 52 Am Gus & Elec 8s 12 Am Pow & Lt 6 Am P & Lt 6s new. Am Sumat Tob 7i5s 13 Asoo Sim Hdw 1ic B2AUG&WISS3s 1 Teaverboard Bs..... 5 Rell Tel of Can 38 & 8 Beth Steel Ts '33. .. 1 Boston & Maine Gs. 2 Cit Serv 10 Cit Serv "Hign 0 1 Cudahy 3 Detroit Ciry Detroit Edison 3 Dunlop T & R 7 13 Federal Sugar 6; a8 th Sts P M Bles 2 Obio Power Bs Ti. 1 Penn Py & Lt Phila_Elec 58 '60 Phil Pet Tle wt wts 8 Pit Cin C & StL3s wi 2 Pub G&E 11 Pure Oil Ca_63ss. Shawsi §7 Stand G 5 Stand Mill 5% 9 Bwift & Co 4Tn Oil of 4 Un_ Ol 6s 6 U S Rubher 11U N Rubber 10 U S Rubber " S Rubber Vacuum 0il Valvorine 0il Webster Mills 61 STANDARD OIL ISSU Sales in units. 1600 210 1100 1100 Anglo Am Oil..... Buckeye P L.... . Humble O & R Imp Oil of Can nw 20 Ind P L. 7100 Tutera Pet ¢ 30 Maznolia Pet 100 Nat_Transit ... 10 N Y Transit,..... 500 Ohio Oil Fi 100 Mex 1700 %0 10 220 iio 10 S 12200 o Lid Solar Resn South Penn uthern P L ‘ost Penn P Ind . 0 Kan 0 Ky © Neb. FOR! Enerfeld 2 Kiog 3 3 Krupp.Fri Lt 1 7 Mg Bnk Denmk 6 s Russ Govt ) Sovt 618 n 2000 § 0 N Y. 6 S 0 Ohio. 10 S O Ohio pfd... 2y Swan & Fineh. ... 00 Vacuum Oil....... Sales in INDEPENDENT OIL STOCKS Lundred 1 Carib Syadicate.... 815 Cit Serv. Cit Serv new wioL. Cit Serv pfd..... Cit Sery "B cf Columbian Sy Continental Oil Cont Oil rts wi.... Creolr Syadieate’. Gibson Ofl Corp.... Gulf Oil of Pa..... Kirby Pet s Lago Pet. Latin_Amer Oil.... Mex OIl ..euoce-vo - 8 Mount Prod 34 Mount Gulf 30 New Bradfor Washington Stock Exchange. SALES. Washington Rwy. & Elec. pf AFTER CALL. ; Washington Rwy. & Elec. g. & r. 63 33— £500 at 1018, 1 Washington Rwy. & Elec 10 at 8185 Lanston Washington Gas s Natl. Mige. & Iov. 91, 10 at 9%, Moner—Call loans. § and 6 per cent BONDS. Bid and Asked Prices. PUBLIC UTILITY. Bid. 9615 11015 10050 1at S1%. pra.—2 at 81%, Monotype—10 at £215. 10 at oG 65 1358300t 104 Prd.—30 at 9y, 100 at & Telga. 41 & Telga. 4%38. tr. 5 American Tel American Tel. Am. Tel. & Tel. ctl. American Tel, & Tel Apacostia & Poto Anacostis & Potom: . & P. Telephone Bs. & P. Telephone of ¥ ‘apital Traction R. R. ity & Suburban Bs Georgetown Gas 15t B Potomac Elec. Potomac Elec. con: Potomac Elec. 68 Tot. Elec. Pow. B goar. B MISCELLANEOUS . C: Paper 6s..... A Dot ott. Stock L'd BE. G Riggs Reslty 33 (long).. Riggs Realty Ss (short). Southern BIdg. 633s.. Wasn. Mkt. Cold Stora Wardman Park Hotel 65...... STOCKS. PUBLIC UTILITIES. cap Tel. & Telga ...%1831 Sapial Traction w0l Washington Gas................ 0913 Norfolk & Wash. Steamboat.... 240 Wash. Rwy. & Elee. con... ... 107 Wash. Rwy. & Elec. pfd.. 813 Terminal Taxi com.. 50 NATIONAL BAN National Capital... 200 Columbia e 205 Commercial 5 istrict ... Farmers & Mechanic Federsl-American .. Liberty . National ‘Metropolitan Riggs Second National Bank of TRUST COMPANY. Security & Trust I Trust . American Continent Merclents’ atio Security Savings Beventh Street... United Btates.... ‘Washington Mechanic American Corcoran Columbia Title. Real Estate 1it MISCELLANEOUS. D. €. Paper pfd........... Merchants’ Transfer & Storage. Mergentialer Linotype Xatf Stge, & Tnv. prd entirely convinced that the invest- ment is sound in every particular. Market pricé is a goide to quality, which is the point I want to empha- size in this connection. (Cwporight, 19254 . 01d Dutch Maj Old Dutch Market pfd. l':‘l;n;m Hun.n.olype urity Storage........ Wi sh.nyflon Market ..... Yellow Cab ... "Eftra dividend, {1 % extra dividend. dividen THE EVENING STAR, WASHINGTON, D. €., MONDAY, MARCH NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office in active industrials and radios were substantially larger. The price com- | parizon showed rlainly how much the market had overdone things on the| side of advance, and left no doubt in the m'nds of many that operations for the rise had been excessive. Centrifugal Pipe at 14 compared with the high of 26, Kelvinator was down 8 points from its top, Duz Co. down 5§ points, while among radios the reaction from the high amounted to over 30 points in ine, 20 in Dubilier and 12 in De Forest. Engineers’ Gold was heavy sgelling, and lost point:; t one time. subjected to another 6 New Eng Fuel 0il New Mex Land... Noble 0il & G NY ol . > Ohio Fuel 0il Peer Oil Corp ... Penook Ol Corp. Red Bank Oil... Royal Can O & Ref Ryan Con ...... Ck Conk. Salt Ck Prod. Tidal Osage Ol .. United Central Oil. Ventura Cons. 3 Wileox Ol & G Wondley Pet s (R INDUSTRIALS. Acme Coal ........ .72 3 Adirondack ‘Pow pf 101 Am Car&¥d C nwi 1 Am Gas & Ei s Am G &'B n pf wi Am T, Am Pow & Lt new Am Stores 3 Am Superpower Am_ Superpower Armour & Co B ¥ Porte Cement 1 tic Frait .. Rolssounsnlt G Co Bordea Co ... Borden (o new wi Borden Co Rts wi Botany Con Mills A Brit-Am Tob Cou... 4 Bklyn Boro Gas Co 3 Car Lignt Caro Power......... Centrif Pipe Cory Chapin Sacks & Co eveland Auto ... A Balt ow Continental Bak A ontinental Bak B Continent Bak pfd Co . S Aero’ Motor ero Mot pfd De For Rad Co vtc Doeh Die Cast Co. Dubilier C & Radio Durant Mot Duz Co A Fast Steel 5 B4 & Sh ptd. Bd & h n cor ec Tnvestors Tnc ec P_& Lt w fureka Vacuum wi 3 Ped Metals Ford Motor Co Freed Eisemann RC Freshman Ohas wi. Gen Outdoor Ad A Gillette S R...... Goodyear Tire Grennan_ Bakerirx Grimes R & C Rec Happ Candy Stor A Hazeltine Corp Intl Match Corp pt Relrinator ... Landover Fold € A Lehigh Power sec. Lebigh ¥al Co Teh Val Coal Lih Rad Ch Mengel Bot Mesahi Tron - Middle West Ttil. Mid West Util p la o SN oLl x¢ Stor Opoen & Collins Paige Motor Por Coof X T E D Pratt & Lam Co wi Pyrene Mfg ...... Reo Mot .00l Rem Noiseless T A Rova R C tr cfa Sil Gel Prod n te inger Mfe Ltd. Shattuck F G fo C & 1 new..! | Sontheastern P & T, Southern Cal ‘Bd Southwest Bell pt Standard Pub Co A Stutz Moter . Swift Int] Swift & Co.. ... Tenn Flee Power Tenn El Pow 24 pf 3 Thomp Rad v tr cf Thread Co pfd.. Tower Mfg . TUnion Carbide. . Tnit G & F new. .. Tnit Lt & Pow AL Tnited Prt Shar.. T S Lt & Heat Tictor Talk Mach.. Warner Bros Pic A t Power pfd Spen §t1 C Yell Taxi Co N ¥ MINING. Am Commander Min Arizona Globe Cop.. Canario_Copner Chino Ext_Mines. Cumstock Tunnel . Cons Cop Mives.... Cresson Gold . Tolores Esner L gineer GM Lt in Forty Nine Mines Goldfield Cons ... Goldfield Developt Golden Cycle Redu Flecla Mine ¥ Howe Sound u vic Jerome ¥ Devel.. Jih Cons ......... Copper ~ Corp. Plymouth Premier G Min Silverdale . Spearhead 4 Ruccess Mines.. Teck Hughe Tonopah Ext Unit Eastarn Min Tnited Verde E: T 8 Continental. .. Utah Aper .. Walker Mining Wenden Copper ... West End Ext.. MARYLAND FARMERS SEEK BIGGER CROPS Increased Acreage Over Last Year May Reach 40 Per Cent in Sweet Potatoes. ‘ BL520818 ED reSha3a33 4 06, Special Dispatch to The Star. BALTIMORE, March 23.—Maryland farmers are going to plunge this year, encouraged by high prices. They in- tend to plant more of every staple crop than they did last year, reports to J. S. Dennee, United States agri- cultural statistician here, says. If they carry out their intentions acreages wlll be increased over last year, as follows: Corn, 8 per cent; oats, 25 per cent; barley, 40 per cent: sweet potatoes, 30 per cent. Irish potato reports show a drop of 10 per cent. —— RATES ON BAR SILVER. NEW YORK, March 23.—Bar sil- ver, 67%; Mexican dollars, 52. KELSEY WHEEL PROFITS. NEW YORK, March 23.—The Kel- sey Wheel Company’s net profits for 1924 fell to $1,118,369, equal, after preferred dividends, to $9.49 a share on the common stock. This compares with $1,758,023, or $15.84 a_share, in 1923, Sales dropped to $14,856,825 from $20,078,435. o Your Banker Knows. When in doubt about a security ling in this section of the State may | make extensive additions to present | Premiums WILL PUSH BOOM IN FLORIDA LAND Real Estate Men Say Let-Up Might Cause Selling by Property Owners. BY J. C. ROYLE. Special Dispatch to The Star. MIAMI, March 23.—There is every indication that more actual construe- tion work will go on in Flortda this next Summer than ever before. Build- possibly involved expenditure of be- tween $80,000,000 and $100,000,000 in the next year. The State itself is ex- pected to spend at least $10,000,000 in construction of highways. The demand for homes, hotels, apartments and business buildings continues unabated, and real estate owners and development men are de- termined to keep it that way. They are confident they can do this if they keep bullding operations going_un- checked during the Summer. They know that visitors who have bought | property this season will be back next vear, expecting to see progress Summer Lull Is Feared. that progress can be shown there, is every likelihood that they will buy more lots and induce their friends to do likewise. If they see that little has been done during| the Summer they may become dis-| couraged and throw their lots on the market Operators, therefore, are making active preparations to spend more money. The moving spirit in the de- velopment of one of the more promi- nent residential suburbs in the State told the writer that he had made ar- rangements to spend $3,000.000 on | grading, pacing and landscape gar- dening in his subdivision before next Fall. There arc dozens of other con- cerns which will spend as much or more. Builder Doubles Money. Building trade artisans who came to Florida merely intending to spend the Winter and to return to the Northern cities when the weather settled there, now are buying or building homes. They see the pros- pects for all-year-round employment at high wages for a long time to come, and many of them are planning to make their homes here in the fu- ture. Some are branching out as builders on their own account. One such man succeeded in securing enough backing to permit him to erect a house costing $2,000. He sold that house at an advance of $1,900 over its cost and that of the lot on | which it stood. before it was com- pleted. Since then he has erccted 10 | similar houses, on none of which has he failed to doubie his money. Clever Salesmen in Demand. | There is little doubt that activity | in real estate transfers will ease off | somewhat during the Summer months, but activities will not be abandoned | by any means. The management of | the great real estate projects will| make some reductions in their office | and sales forces. But they cannot af- ford to disrupt their selling organiza- tions, nor can they permit their high- class salesmen to get away from them. Men in other lines who have scen these high-pressure salesmen work this Winter are eager to gnap them up if their present employers lose touch with them Funds Easy to Obtain. There has been comparatively little difficulty in financing the improve- ments to be made this Summer. In many instances the work will be car- ried on with the money resulting from the sale of property this last Winter. In others capital has been enlisted both from the North and from within the State. Gas and electric companies will plans and street car and bus services will be greatly augmented S The water in the Dead Sea is five times as salty as that of the ocean STATEMENT OF THE CONDITION he PIRE ASSOCIATION OF PHILADELPHIA, AN INSURANCE COMPANY OF PHILADELPHIA, PENNA., on the 31st day of December. 1924 quired under the District of Colymbi amended Juse 30, 1002, and August Capital stock......... Capital stock, paid up. ASSETS | Cash in offce...... . sh in bank. estate. Al Real estate mortzages (Arst lie) Stocks and boods (market value) 13,31 uncollected and in hands of agents........... Interest due and accrued. .. All other assets.......... Total assets. LIABILITIES. claims s Reserve as required by law Salaries, rents, expenses, fazes, Net unpa. ete. . Capital “siock. 11l 00T N 0L PRGES AS WEEK BEGING Rates on Crude Reduced| From 20 to 35 Cents Per | Barrel on Various Grades. By the Associated Press. PITTSBURGH, March 23.—A de- crease of from 20 to 35 cents a bar 23, 1925. Trompt Action First Mortgage Loans Lowsst Rates of Interest and Commission Thomas J. Fisher & Company, Inc. BONDS GERMAN STOCKS Bought—Sold—Quoted Full New York and Beriln Market Received Dalily Send for Special Market Letter Peter Whitney rel in various grades of Pennsylvania crude oil was announced b pur- chasing agents today. The new prices | are: | Pennsylvania grade in New York transit line, $3.65. Bradford district transit lines, $2.65. Pennsylvania grade transit lines, $3.55. Pennsylvania grade Pennsylvania lines, $3.55. | Pennsylvania grades in Eureka | lines, $3.50 | Pennsylvania grade in Buckeye | lines, $3.40. | A ‘cut of 20 cents a barrel was made in the first four grades quoted, while a decrease of 25 cents a Tel was made on Pennsylvania grade on | Eureka lines and a cut of 35 cents a | barrel was made on Pennsylvania &rade in Buckey: national | national | oil in in in southwest | Notes For Sale in Any Amount Security Caretulls Selected 637 and 77 INTEREST For Thirty-Seven Years We H. Bold Without Loss to an Inves Wm. H.Saunders Co., Inc. 1433 K Strest N.W. a Phone Main 1016-1017 We Solicit Applications for 203 Investment Bldg. ‘Telephone Franklin 3978 A Way to Keep Free of Investment Worries our First Mort- ge Notes, which yield 6)4% and are secured upon at least a two-for-one basi and be free from all concern about the Safety of your money. Try us in any amount irom $100 up—we’ve never lost a dollar for an investor. Send for details to our Mortgage Investment Dept. SHANNON. & LUCHY)| 713 & 715 14th St.} Main 2345 First Trust Loans Currant Infarast Ratae Goldsmith Building 1405-7 Eye StN.W, M 9670 | FEDERAL - AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOIHN POOLE, President 7 | MONEY to LOAN REAL ESTATE Wm. H. Saunders Co., Inc. 1433 K Street N.W. Phone Maln 1016-1017 We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street Organized in | About a Will?” Many a man in the flush f full health has put off e ordering of his affairs h the above question Time aplenty for the dis- charge of the duty, appar- ently, lay ahead fYet, how many estates are irittered away in the courts —how many families are disrupted—because of the failure to leave a binding Wil ? fOUR TRUST DEPT. in- vites conference on this subject, without oblization —accepts appointment in all fiduciary capacities. National Metropolitan 111 Ban a1l Years Years Old old Capital, Surplus & Undivided Profits, Over $1,800,000.00 15th St. opp. U.S.Treasury « o v Total liabilities...........$13,299,314. Character_of business transacted during the | B year 1024: fire insurance. Amount of risk mssumed during the year 192 .. $1,659.021,003 Losses _ sustaine the year 1924. i - 4,676,084.75 Money received during the year 1904 . “...... 10,901.800.49 2.451677.00 EDWIN S. GAULT. President. Secrelary. | Subscribed and sworn to before me this 19th day_of March, 1925 (Seal.) EDWARD G. GRIFFITH Notary_Public. My commission expires February 17, 1929, Established 1872—Incorporated 1901, TYLER & RUTHERFORD, Inoorporated. Real Estate, Loans eand Tasurano, Office: 1018 Vermont Avenue N.W. during Smith Bonds Pay 7% THE rate of interest paid on Smith Bonds--7%. is the highest rate consist- ent with the first mortgage investment standard which The F. H. Smith Company has maintained for 52 years. That standard is perfect safety. No first mortgage investment sold by this house since it was founded in 1873 has caused any investor the loss of one cent of coupon today. The F. H. $Smith Co. Founded 1873 No Loss to Any Investor in 52 Years Smith Building, 815 Fifteenth St. THE F. H. SMITH COMPANY Smith Building, Washington, D. C. Please send me information about Swith Bonds paviog 1%. consult your banker. It is equally as much his Interest as yours to pro- tect your savings. You trust him with ‘your deposits—why not trust him with your investment problems? FOR your conven- ience, amounts varying from $100 to $1,000 have been pro- vided in our ton real iy K Street NW First Mortgage Notes Fully secured by selected Washing- estate. BOSS b PHELPS + Main 9300 Equitable Co-operative Building Ass’n JOHN JOY EDSON, President Organized 1879 ..84,812,132.68 Assets S\ FRANK P. REESIDE., Sec'y 45th YEAR COMPLETED arplus .............8L,317,011.44 Subscriptions for the 88th Issue of Stock Being Received /; Save Now! You'll never be sorry that you started, especially when you r savings accumulate until they represent a most substantial amount, The Equi- table Way is to Save Today!! 915 F Street N.W. ! Joseph I Weller | On the 31st day of December. FINANCIAL. Money to Loan Secured by first deed of trust on real estate Prevailicg interest and commission 420 Wash. L. & Trust Bldg., 0th & F N.W. * 21 ] REAL ESTATE LOANS | Cetmatu it | Low ‘l“TERE!’i RATES i 1 Unlimited Funds Available FRED T. NESBIT Mnin 8393 | Tavestment Bld; 70th Annual Statement OF THE Mutual Fire Insurance Company of the District of Columbia 1924 Juse 30, 180 ASSETS a8 required under the District of Columbia Code 2. snd August 18, 1 amended LIABILITIES ash in office Cash in bank . Real estate Tteal estate mortgages (frst lien) Stocks and bonds (market valu $2,492.92 Net unpaid claims 1944053 Reserve as required by law 6304050 Expenses. taxes. etc 181800100 A1l other liabilities 2300000 Surplus as regards po Interest due aod accrued Total liabilities Total assets . Character of business tra € ihe year 1924—Fire Tox 3 Amount of risk assumed during the vear 1024 Losses sustained during the rear 192 Money received during the year 192 Expended during the year 1924 (including $17,704.78 M “dividends’) W. A. H. CHURCH L. PIERCE ROTELER, Secrstary Subscribed and eworn to before me tals 28th dav of February, 1825 (Seal.) THELMA PEACOCK, Notary Tu CHARTERED BY CONGRESS, 1855 A PURELY MUTUAL LOCAL COMPANY ASK FOR RATES—TELEPHONE MAIN 1180 MANAGERS: WILLIAM A, H. CHURCH B. F. SAUL JAMES T. PETTY C. KATTELMANN JAMES F. OYSTER L. PIERCE BOTELER EDWIN C. BRANDENBURG Office in Company’s Building Corner 13th Street and New York Avenue N.W. The Largest Insurers of Homes in the District OFFICERS: W. A. H. CHURCH, President. L. PIERCE BOTELER. Secretary C. KATTELMANN. Treasurer FRANKLIN BARRETT, Assessor. WM. REED MACGILL, Assist. Sec'y. APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs in Montgomery County, Md 53 % INTEREST ;fl pply ro H. L. RUST COMPANY LOAN CORRESPONDENT ©he PRUDENTIAL INSURANCE COMPANY o AMERICA 912 15th Street N.W. Main 6838 When You Buy First Mortgage Notes \7OL'R principal protection lies in the integrity, responsibility and experi- ence of the company through which the purchase is made. Extending over a long period—more than 55 years—this house has transacted busi- ness amounting to millions of dollars for thousands of clients without a single loss to any investor. The significance of this record is appar- ent and it is safe to assume that a company which has maintained a perfect record for over half a century may be expected to exercise the same care and judgment in handling its clients’ funds in the future. Our First Mortgages are now yielding 614%, and may be purchased in denomi- nations of $100 and upward. SWAMLngm.MaHmsn‘Co. = KB Sivel MW shir;gton.!).c. Years Without Loss to An Investor. PUT OUR EXPERIENCE AND OUR STRENGTH IN YOUR Quarter of a Century Without Loss. FIRST MORTGAGE a INVESTMENTS B. Main 2100 925 15th St. N\W.