Evening Star Newspaper, March 25, 1925, Page 29

] FINANCIAL PRICES HOLD FIRM (AT GENTER MARKET * Butter, Eggs, Poultry and Meat Steady—Cheaper Vegetables Noted. ! Continued warm weather is bright- Pning the prospects for Increased supplies of early vegetables. Effect ©f the weather already is in evidence fn the local markets, plentiful sup- ylies of green vegetables having rTe- Bulted in decreased prices. Nothing short of a biting frost can gfect the growing Crops, growers elate, and no such thing is antici- pated. Should the warm weather <ontinue a few more days, a number +©f growers will set out tomato plants 4n an effort to get a crop much earlier than usual. rowers report that certain fruit trees are in full blossom, making it appear that fruits may be in market earlier than usual Prices of most commodities were the same today as yesterday, no material changes being reported. Today’s Wholesale Prices. Butter—Fancy €5a57; store pac Eggs—Fanc average re Poultry—Al Winter ducks, cach Xilled ers, ducks, 40ads Live stock—Calves, choice, 12 dium, 10a11; thin, Sad; lambs, Spring, 13 live hogs, 13a131; Meats—Beef, 17: veal 2% hogs, 20%:421; loins, 25; shoulders, 15a20. a54; prints, candled, 31a i 16; fowls young, young Winter ch 28; turk 20a2 17a20; 30a32; lamb, hams, Fruit and Vegetable Prices. Today's market report on fruits and | vles, furnished by the Market reau of Agricultural nomics, says i Apples —Supplies limited: demand limited, market steady; barrels, Mary- land, Virginia and West Virginia, A, 23 inches up, Ben Davis, 4.50a5.00; , some scalded, 6.0087.00, Boxe size, Cabbage—New stock: supplies lim- fted: demand light, market steady; Florida, 1%-bushel ham s, pointed type, mostly 1.25; South Carolina, bar- vointed type, 2.00a2.50. lery—Supplies moder demand limjted, market steady; Florida, 10- inch crates, 4 dozen, st, 3.00a3.50; fair quality, 2.50. Lettuce—Supplie: moderate; mand moderate, market stead C fornia, Imperial Valley, e berg type, 5 dozen, 4.5024.75, s 4.25; 6 dozen, 3.50a8.75, mostly 8.75;| North Carolina peck hampers, Big| Boston type, 1.00a1.50; South Carolina, | crates, Icebers type, 5 dozen, 3.00a3.50, | Onions and Potatoes Steady. Onions—Supplies light; demand | lizht, market steady; New York and Ohio, 100-pound sacks, Yellows, United States, No. 1, medium to large sizes, | mostly 8.25. { Potatoes—Old stock, supplies 1ib-| eral: demand moderate, market | steady New York, 150-pound sacks, Round Whites, United States, No. 1, mostly 2.00 per sack; Michigan, 150- pound sacks, Ruseet Rurals, United States, No. 1. 35 per sack; new stock, no sales reported. Spinach—Supplies limited: demand limited, market firm; Texas, bushel baskets, mostly 1 Virginia, Nor- barrels, Savoy, 2.50a3.00. —Suppli very light rted to quote. . Supplies moderate; de mand limited, market steady; Florida | 6s and turning wrapped originals, fancy count, 5.00a5.50; cholce count, 4.00a4.50; few 5.00; gems, mostly, 3.00; poor quality and condition, fancy and | choice count, wide range in prices, | 1.50a4.00. | Peppers Are Cheaper. i Asparagus—Supplies limited; de- mand moderate, market fairly steady South Carolina and Georgia, doze! bunch crates green, very large size, 7.00a8, lurge size, 6.00a7.00; me- 5.00a6.00; small size, 4.00 de- li- few low siz, aulifiower—Supplies light: demand light, market steady; California crates best, 3.00a3.25, mostly 2.00. String beans—Supplies liberal; de- mand limited, market steady: Florida, “s<-bu. hampers green, 2.50a3.50, few 400 Peppers—Supplies moderate; de- mand light, market slightly weaker; Jule of Pine crates, fancy, 6.00; choice, 400 ] splant—Supplies light; demand light, market steady; Florida pepper crates, large size, 3.3024.00, few 4.50. Peas—Supplies moderate; demand moderate, market steady; California, 45-1b. crates, 6.00a6.25; Florida, %-bu. hampers, fair quality and condition, 2.00a3.00. Squash—Supplies light; moderate, market about stead ida, pepper crat 4.50a5.00. Beets—Supplies moderate; demand light, market steady; Texas, bushel| baskets, 2.00a3.2 | Carrots—Supplies moderate; de- mand light, market fairl steady; 7.xas, bushel baskets, 1.75a2.00. RUMORS ON REMINGTON. | NEW YORK, March 25—The ad- vance of 40 points In Remington Typewriter shares from the low of demand Flor- 1924 has brought various rumors into | & the financial district. The latest re- port, which lacks officfal confirmation however, is that international busi ness machines would take over the company at a higher price for the common stock than the present mar- | ket value. | COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY NEW YORK, March 25.—Scarcity of | California canned fruits has caused & number of retail dealers to replen- ish their stocks from competing chaln stores. Canned food supplles here are | «@ll low excepting peas, and they are | moving rapldly. NEW ORLEANS, March 25.—A fall- $ng off in orders is reported for last week by the Southern Pine Asso- ciation, orders received decreasing 6.8 er cent from the previous week. hipments decreased .2 per cent and production decreased .7 per cent. KANSAS CITY, March 25.—Agricul- tural implements and supplies con- finue in demand here. Stocks of coun- try dealers are exhausted in many cases and reorders are numerous. One Jocal dealer reported today his sales of tractors had already exceeded the peason’s allotment by 200. URANIA, La., March 25.—A new oil field has been opened by the bringing $n of a 500-barrel gusher near here by the Urania Petroleum Co. The new field is located In La Salle Parish, bout 70 miles south of the Monroe ’:u fields. LANCASTER, Pa., March 25.—Active buying of the 1923 tobacco crop has R et BY WILLIAM F. HEFFERNAN, | NEW YORK, March 25.—Public in- tesest fx the curb trading today was on a small scale and the market gave the appearance of being in the hands of professionals. Heavy covering or- ders in the early part of the session caused a gemersl upturn, which was felt mainly in the oil group and in speclalties’ which had been the cen- ter of attraction in recent operations. After the demand from the short NEW YORK, March 25 —Following is an official list of bonds and stocks traded in on the New York Curb Market toduy: Sales in thousands T Alpine Kool 7a wi. 2 Am Beot Su C e wi Am Gas & Blec th.. 2 Am Tow & Lt G Ut T Am Ralliog Mills Gs 101 1 Anacondu s . - 2B, 6 Asxo Sim Eldwe Glgs S81Y; 12 Tenverbonrd o 0 BONDS. Hich. Bty " Low. 2:45 TR W 6% 963 wa b 1005 100% 10857 108ty it PO 1013 Cudaly & Cuttahy 1 Twere & 10 Detroit City 7 Dunlop Tire 1 Gair, Robt Ts. Pet 6 Trunk 634, 12 011 Corp_ an 10 Kautman Dept 8< 3 Kan City Term 5 Libby McN & L 7s.. 1 Lig-W-L real st 7 8 Morrix & C 1 Nat Leather Ss 10 New Or1 Fub North 8ts | Rt Sts Oliio Power s 15 3 Pean Pw & Lt 5x. k 0l Corp il BT 1015 1085, o8y 961y 10115 10245 10745 1023, 2 Blawsheen s 106 Btaud Gue & Bl Glx TR0 N Y § 8t 1 Mg 1 Swift & 17 Tnion BUSR 2 ddacadnanan i TP Mills G155 FOREIGN 3 City Togota Ss.. 18 Est R R France French National KruppFri 1.ta 7s Mte Bk Denmark s B Russ Govt ofs 5%s 15 Ruxk (et Gl... 2 Siem & Hulvke Ts '35 1 Solv & Co 6x "M B 15 Tolio Elec Pow .... w01y BONDS. Sales tn DARD OIL it 100 Angle Am Ofl ... 300 Atlautic Lobos 50 Buckeye P L .00 200 Chescbrough Mfg. 00 Humble O & Het 400 Tmp Ol 3400 Inter'l Pet 100 Muguolia 800 Oblo OH ... 100 Penn Mex Fael 1600 Frair O & Gax ww 140 Praiie P L 20 Roiur Refin 240 South_Penn Indinna Pet ot 300 3 0 8 0 Okio. unm O L Sales in INDEF 8% 353 8 52 brtd cta. Washington Stock Exchange. SALES. Potomae Electric first 5%—$3,000 at 100%. Totomae_Flectric s 1941-$1,000 at 10735, $300 at 10735, $00 ut 1073 vashington Gas Gs—8800 ut 102. Washington Hwy. & Blec, 4%-8$10,000 at 934, $7,000 at 916, 35,000 ut To Waskington, Annapolis Gs— $1,000 at 64, $4.000 &t 61 orfo'k & Waushington Steamboat Co.—10 at gton Gas Light—4 at 59%, 6 at 5%, Railway pfd.—10 at 81 Riggs Nationul Bank—10 at 35 10 at 35 National Mtge. & Inv. prd.—20 at 9% AFTER CALL. 20 at 353 at 91, iington ped. Mergenthaler Linotype—> at 180, 4 xt 180, Mouey—Call louns, > and 6% BONDS. Bid and Asked Prices. PUBLIC UTILITY. Bid. Asked. American Tel. & Telga. 4s. .6 American Tel. & Teign. 4%s. Am, Tel. & Tel. ctl. tr. 5s. Awmeiican Tel. & Tel. com Anacostia & Potomac D... & Potomac guar. bs.. . & P. Telephon C. & P. Telephone of Capital Traction R. R. City & Suburban 5.... getown Gias 1at 5 Potomac Elec Potomae Eiec Potmae Elee. Tow. % x. & Mt 5 | Alex. & Mt. Ver. ctfs.. Tit, & Apnap. 98...... [ W Wash, Rw. & E Wash, Kwy. & Elec. gen. 8. MISCELLANEOU! ). . Paper 6s.. g Do somm Stoek Hia Wil Tk eatty s (long) . Tiiiis Realty o8 (short) Vi Mkt. Cold Stor Wardican Park Hotel Gs.. STOCKS. * pUBLIC UTILITIES. American Tel, & Telga. o3 Oapical Traction ... = ¢ fahington Gas ... 2 Wash. Rwy. & B m. Wanh, Rwy. & Eiee pfd. Terminal Taxi cot - NATIONAL BAN pital Commerc! District Liberty Lincoln Nation | Riges Secand TRUST COMPANY. jcan Security & Trust.. Srntmental Trust. Bank...:.- vings & Trust. 32 SAVINGS BAN Becurity Savings & Com. Seventh ‘;:‘1‘:»‘ FIRE INSURANCE. American Corvoran .. Firemen's ... National UGion - -...ood+ TITLE INSURAN Columbia Title . Real Estate Title. MISCELLANEOU! aper ped..... Derhants Thansfer & Storage, 110 Mergenthaler Linotype.........1*179 Natl. Mtge. & Invest. pfd. 0ld Dutch Market com.. 14 Dutch Market pfd.. revailed here for the last week. rices pald ranged up to 17 cents per und. The average for choice was 3 to 16 cents. Lanston Monotype ... 4y Storage. Washingon Market. Yellow *Ex THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, MARCH 25 1925. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office Interests mpent ‘tudlf the market beoame Increasingly dull. Public wtilities went highe: wt the start, but the upward movement was not maintained. Electric Bond and Share after crossing 60 fell back to around the previous closing price. With the copper metal guoted at 14% cents a pound, there was little encouragement for holders of copper stocks. Price changes in this quarter varfed little from giotations at the previous close. Contl Oil Rts wi @ Creole Synd Derby 0 & B Gibwon 011 2 Gulf Ol of 217 Lago Pet 20 Latin Am 60 Mex 081 ... 11 Mount Proll 8 Mount Guif .11l 6 New Bradford 001 3 New Eng Foel 0f. 3 New Mea land.... B Peer OH Corp.. ... 4 Pennok O Curp. .. 20 Royal Can O & ket 39 Ryan Om .. < 4 Ralt Ck Prod 2 Unived Cenpral Oil.. Y enezufiaPet ... Ta DUSTRIALS. k Power.. BY & El..... Ty T Ty 251, 1000 26 W = 6 14 3 Am Lt & Trac pfd Am Pow & Lt mew 3o Am Pow & Lt pid. Apoo Mg Co A... 1 Art Loom prd wi. 2 Associnted G & E 12 Armour & Co B_vte 1 Armour & v rd.. 1 Atlux Port Ce wi. 1 Atiantic Fruit. .. 15 Boissonnault G Co. 1% 23, Borden 144 4 Borden Co Tt wi. 1% Botuny Con Mills A 45 e Bl . 4% et il a1 20 1wy 815 & Lens B sgusire e x‘«si;a;;;r F sk ‘om Twwer Corp ‘om Power Cor pid 2 Counnl Gus Bal new S (vt Rak A . 62 Conti Bak B . 4 Contl Bak pfd . 2 Curtiss Aero Mot .. 1 Qurtixs Aero Mot pf 65 De For Ra (o v t ¢ 3% D L& W Ol . 11 Dubilier © & Rudie 1 Dunhill Intl lnc 5 Durant Mot. .. 1 Du Pont Motors 1 DERCOA sivesiie 3 EI Ba & Sh pfd. 42 El Bd & Sh n cor © Elec Investors Inc 43 Elec P & Lt wi. 1 Eureka Vacuum wi 1 Fed Setals T 3% Ford Motor Canad 4 Freed-Eisemann RC 2 Freshman Chas wi 4 Glen Alden Coul. 11 Goodyear Tire 2 Grennan_ Bakerles p Candy Stor A zeltine Corp .- 3 Intl Match ex-giv 2 Inter-Ocean R C.. 1 Landover Hold C A 2 Lehigh Power sec. % Leb val Coal... 10 Leh Val Coal ‘N€ 2 Lib Rad Ch Steres 13 Mengel Box . 35 Middle West x 33 Mid West Ut pr len 1 Midvaie Co ... 1 Mot Pic Cord . 46 Music Master C 1 03 16 Y% 3% a1 b 2 Omuibus Corp vic.. 3 Pathe Exch Inc A 22 Pow of X Y 2 rate & Lamb Corp iRem ¥ T ........ 1 Kova Rad Cor tr cf 1 Seagrave Cor wi ... 1 8il Gel Pro new vic 8 Singer Mg Led - 15 Shattuck F G ... 70 S0 C & 1 mew . 10 Stand Pud Co & _1. 20 Swift 1ot , . 1 Swift & Co .1..0100 1 Tenn Elec Pow ... 35 Thermiodyme Ra C 1 Thomp Ra Cer vtc -::'5;}!’-“ B G248 FRLET RS o000 e ;!H!i 20 Arizona Globe Cop 140 Cmlumet & Jerome 9 Canarle_ Copper 10 Chino Ext Mines. 12 Conx 60 National 2 Nipissing 1 Ohio_Copper. 80 Red Warrior - 10 Plymouth Lead M. . 16 Premier Gold Min. 50 Nan Toy 10 Silverdale ... 100 4 So Am_Gold & P.0 20 Stand Silver Lead. 10 Teck Hughes ... 10 Tonopah Gypsy Qu. . 31 Tonopah Extens ... 1 United Eastern Mn 7 United Verde Ext.. 1 Unity Gold. 12 Wenden Copper. 60 West Utah MARYLAND FINANCIAL INSTITUTIONS CLOSED Banks, State Offices and Fuotories Celebrate Legal Holiday. .52 % o4 4 ar Special Dispateh to The Star. BALTIMORE, March 25.—Today, Maryland day, is @ legal holiday in this State, and banks and the Balti- more Stock Exchange and grain mar- ket are closed. State and municipal offices as well as large factories and business houses are observing the holiday by re- maining closed. Mail delivery has been curtailed and the post office force Is working only half a day. ‘WOOL TRADE IMPROVES. BOSTON, March 25 (Special).— Trading in the raw wool market moved with more briskness today than for several weeks. Dealers re- port that mills are becoming con- vinced prices are stabilized at cur- rent levels and are buylng with a fair degres liberality. —— RATES ON BAR SILVER. LONDON, March 25.—Bar sliver, 319-16d per ounce. Money, 4% per cent, and three-month bills, 4 7-16 per cent. FRENCH TRADE IMPROVES. NEW YORK, March 25.—Increased export of luxury articles gave France a favorable trade balance in January, statisties recelved by the Bankers' Trust Co. of New York revealing a surplus of exports over imports of 390,044,000 francs, compared with an import surplus of 185,430,000 francs in January, 1924. DEFICIT IS REDUCED. NEW YORK, March 25.—The South- ern Phosphate Corporation had a smaller deficit for 1924 than the year before, the total after taxes, interest and reserves for depreciation and de- pletion being $82,203, compared with $166,861 in 1923, LOOKS FOR 7-YEAR BUILDING BOOM Lumber Dealer Takes Cheery View of Situation in His Industry. BY J. C. ROYIL Special Dispatch to The Star. NEW ORLEANS, March 25.—It will ftalie untll 1932 for the United States | to catch up with building shortage and the normal buliding requirements. That statement was made today by Charles §. Keith of Kansas Clty, one of the most prominent lumber manu- facturers of the country, who is here attending the mepting of the Southern Pine Assoclation. “Condlitionss © far this vear indi- oate that 1925 will surpass last year in velume of construction,” Mr. Keith added. “This is supported by well ad- vised authorities. This means that in the nefghborhood of $5,080,000,000 will be spent in building this year; that employment of men in the build- ing trades at high wages will be con- tinuous and the consumption of steel, lumber, cement and other commodities affecting every section of the country to some degree will be heavy. Farmors Behind in Bufiding. “The farmers are five years behind with their bullding programs Tight mow.” Mr. Keith continued. “They are just commencing to buy lumber, and the demand from this source will be heavy. At present they are buy- ing implements in great quantities. One implement distributor told me just before 1 left Kanewas City that his volume of sales from last No- vember to date had increased 119 per cent, compared with a year ago, and that his entire 1925 quota of tractors had already been disposed of. The sales of lumber to farmers will be the largest in four years Predicts Hixh Prices. “I anticipate no fall in the prices of lumber. Industrial demand s in- creasing steadily. What this means can be realized when It is understood that the manufacture of boxes alone mocounts for 1214 per cent of all the lumber produced in the United States. The automobile industry re- quires 5 per ceat of the output and the raflroads absorb 25 per cent. In the cases of all of these industries vity is rampant, Exports of lumber may be ex- pected to be heavy. Continental Furope is taking more American lumber than at any time since 1913 The first German buyer to enter our offices simce 1514 has just placed an order with us. The flush demand from Japan has quieted since the temporary buflding te repluce the earthquake damage has been com- pleted, but the requirements this year In that country will be good. Chinese buying may be delayed by civil war, but can be expected to come up to that of 1924 The Aus- tralian sales, I do not anticipate will be very good “There is no reason why we should not have an excellent year in the lumber business, and lumber and steel are the most sensitive indi- cators of business and prosperity which we have. Fourteen billlon feet of lumber has gone from transit and retail stocks in tae lasy year. Mills on Short Time. *“The Northwestern mills, it is true, re on & four-day and five-day basis, but this is due fo the fact that they ex- pect consumers to take production as it is turned out. Many of them have no yardage in which they can store reserve stocks. he increased efficiency of the railroads has led to a lot of what is commonly termed hand-to-mouth buy- ing. Instead of buying five and six months ahead, consumers and dis- tributors are anticipating their needs only by 30 to 60 days, for they can get shipments so much quicker. “As a result they buy more fre- quently, but in smaller quantities. The Western mills will have to adjust themselves to that trend of affafrs.” SALES OF GARDEN TOOLS AWAIT WARM WEATHER Hardware Collections Reported Good—Prices Are Also Hold- ing Steady. 1 Dispateh to The Star. NEW YORK, March 25.—In its weekly summary, Hardware Age will say tomorrow: “Uncertain weather is hampering somewhat the expected movement of general Spring hardware. Poultry metting, screen wire and paints age all very active, but garden tools ure only beginning to move in small quantities. It is felt that a con- tinued stretch of three of four fine, warm, Springlike days will stimulate considerably the sale of Spring goods. ollections are fairly good, and staple lines are moving steadily. There are very few price changes be- ing made, and the trade at large does not anticipate very many serious re- visions in the cost of goods.” —_— {COTTON OUTPUT SHOWS VERY LARGE INCREASE The output of the American cotton manufacturing fndustry in 1923 was valued at $1,901,125,703, an increase of 48.7 per cent over the 1921 figure. Blennial census figures made pub- lic by the Census Bureau showed that wages in the industry aggre- gated $396,602,644 in 1928, an in- crease of 20.8 per cent over the 1921 figure of $328.226.7 Smith Bonds Pay 7% Tln 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 principal or interest. Mail the coupon today. ' The F. H. Smith Co. Founded 1873 No Loss to Any Investor in 52 Years Smith Building, 815 Fifteenth St. THR F. H. SMITH COMPANY ] Bmith Building, Washington, D. C. Please send me information about Smith Bonds paying 7%. Address DEMAND FOR AND PG IRON OFF March Totals Expected to Run Below First Two Months of Year. Ry the Amoclated Press, EW YORK, March 25.—“The past eek has brought some curtaflment In output of steel and pig iron,” Iron Age says. “It is slight as yet, but enough to indicate that the daily rate of steel ingots, as well as plg ron production for March, will fall below the average for January and February. “The Steel Corporation’s operations still hang about 94 per cent, but the several independent companies are at reduced percentages. In the Pitts- burgh and Youngstown districts the independents are now om an 80 per cent basis, making the wverage for the Industry in those @istricts about 82 per cent, as against 85 per cent week ago. The Iron Age pig iron compesite price has fallen to $21.88 from $22.13 lust week. One year ago It w $2273. Finished steel remains at 2531 cents per pound, just $4 per net ton less than one year ugo. Pig iron statistics compiled by the American Iron und Steel Institute for 1924 show that the year's production in the United States aggregated 3L405.790 tons, a drop of 8,955,356 tons under the preceding year, when the high record of 40,361,146 tons was established. The last half of the year was less productive than the first six months. Basic grades fell off 19.1§ per cent during the year and Besse- mer grades 30.02 per cent. FEDERAL- AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President Nz, 7. 2 MONEY to LOAN In Any Amount on In the District of Columbi; Wm. H. Saunders Co., Inc. R 1433 K Street N.W. Phone Mnin 1016-1017 We Selicit Applications for First Trust Loans Purrant Tntacact Dota- First Mortgage Notes For Sale in Any Amount Security Carefullv Selected 647 and 77 INTEREST For Thirty-Beven Years Weo Have Seld Without Loss te &n Investor Wm. H.Saunders Co., Inc. 1433 K Btreet N.W. Phome Main 1016-1017 L Bought—Sold—Quoted Full New York and Berlin Market Received Daily Send for Special Market Letier Peter Whitney 203 Investment Bldg. Teiephone Franklin 3978 6%% and Whether you can rate of The First STATEMENT OF THE CONDITION Mutual Proledni'url'" ire Insurance Company Of the District of Columbia on the 3ist day of December, 1024, ‘as required r_the District of Columbla Code, umended June 30, 1002, and August 18, B6T3. ASSETS, Cash in office. ash in_bank Real estate mort, Interest due and accrued...... 31885 " (first Tien) .. 80,060.00 421.70 Total wssets. LIABILITIES. Reserve as required by carned premiums Salaries. Tent, expenses, Dividends, or return premiums o policy holders....... Cash dividlends remaining unpaid. Total Tiabilities. ... Character of business (ramsacted during the | sear 1024: Fire fusurance on matual plan, Amount_ of visk ussumed during the R A Lgses wantuined Guriog the "yeur Money recelved during the sear 1924 Expenaca during the yeur TR JASIES B LAMBIE, President. WM, A. JORNSON, Secreters and Trewsarer Subscribed and sworn o before me thin 26th aay of Jauuary, 1925, LEE BROWN (5eal) Notary Fublie, b.'C. STATEMENT OF THE CONDITION of the Aetna Life Insurance Com- pany of Hartford, Conn. MORGAN B. BRAINARD, President On the Sist @y of December, 24, ws Te- quired under the Diwtrict of Columbia Cofe, swended June 30, 1902, and Avgust 18, 1911 Capital stock . 2 Capital stock, paid wp, 40 cash.. ASSETS. Cash in office Cash in bank Ttenl extate ... Wi Real estaze mortguges (Arat lien) tocks and bonds (market valwex of stocks, wmoriied velue LF, bonde) oo oans to polic; R, Frennans, uneoilected w5d i hands of agents..... Interest and reuts accrued ... Collateral loana All other assets. ... 1098910228 . 483RR 80 106000.00 148,772.77 §245.755. Less assets not mmitted 5 I8, LIARILITIES et unpaid caime......... aerie ws revuired Unearned premioms snd s der values so appiied Sniarics, rents, expenNes, o taxes. =, Wokere mstnlg Kt deciated, aprortioned set aside azes due and ac Capitn] stock ATl other liabilities X Total unassigued funds (surplus) s £243.556,619.81 inexs framescted duriag the Tife. Accidemt, Health wnd Jdabldity s ained 1924 (Life).. £ao 15.219,770.60 {dent, Heaith and Laa- 13387, 480,00 56,515, 499,65 273TLETS.60 40.014.717.57 576,902.78 J. L. ENGLISH, Vice President, €. TL SYMONTIS, Asst. Secretary. Subcribed and wwars o before me this 2d day_of Febroary, 1625 (Seal.) K. BINGHAM KRAM. Nowary Pudite. N. E. Ellsworth, General Ageat #01-6 Woodward Blds. -1ZE TR 3 od durmg the you: (Life) ... = $200,000 less With practically one stroke the Oklashoma Gas and Electric Com- pany reduced fixed charges by nearly $200,- 000 annually, retired a number of outstanding bond issues and created a modern first mortgage which greatly simplifies the financial structure. A bricf description of this opera- tion, together with circular on curremt bond issuc, scut upon re- quest for A-542. E. H. Rollins & Sons Founded 1876 416 Woodward Bldg., Washington Boston, New York, Philodelphia, Chicago, Denver, San Francisce SAFETY get this interest and be cer- tain of the safety of your prin- Mortgage cipal depends entirely upon what is back of the invest- ment. Notes we are offering at this® rate of interest are ample security for the loans, because they are backed by very conservative appraisals on a basis of about 50% of the property value. Consult Our Mortgage Investment Department SHANNON: & LUCH 713 and 715 14th Street N.W. Main 2345 Large Loans Available 512% Interest Insurance Company Loans + Long Term Financing Building Loans Refinancing Weaver Bros., Realtors 735 15th St. N.W. Main 1821. FINANC Money to Loan Secured by first deed of trust on real eviste Prevailing Interest and commission JouphL Weller BTt IAL 2 * ‘Prompt Action First e Lowsst Rates of Tnterest wnd Commission | Thomas J. Fisher & Company, inc. every man comes the time when he has need for a consid- erable sum of ready money. This organiza- tion meets that need by making a suitable Hpy K Street NW Loan on Your House or other Washington real estate at cur- rent rates of interest. BOSS &b PHELPS Main 9300 The Prudence of Company, Inc. ew York Construction Loans Long-Term Refinancing Amounts of $50,000 and over FRED T. NESBIT Loan Cerrespondent Investment Bldg Main 9392 Equitable Co-operative Building Ass’n JOHN JOY EDSON, President Organized 1870 Amxetn ............. S4B42,132.08 FRANK P. REDSIDE. Secy #5th YEAR COMPLETED Surplu; ceeeen . BALBIT.OTLA4 ' Subscriptions for the 88th Issue of Stock Being Received Systematic Saving Make up your mind Equitable and save systematically. is the method that leads est accomplishments. to join the It to the great- 915 F Street N.W. APPLICATIONS INVITED for LOANS on IMPROVED P Located in the COMPANY District of Columbia and adlacent Subwrbe In Montgemery County, Md ;% INTEREST ‘912 15th Street N.W. ROPERTY :fl pply ro H. L. RUST COMPANY LOAN CORRESPONDENT ®5e PRUDENTIAL INSURANCE o AMERICA Main 6838 SAFETY FIRST —is our aim when we invest our money in real estate —just as it is yours when you buy them. And you profit by the con- servatism of our policies. B. F. SAUL CO,, Main 2100 FIRST MORTGAGES 925 15th St. N.W.