Evening Star Newspaper, April 8, 1925, Page 31

FINANCIAL PRICES ARE LOVER ON LIVE POULTRY Strawberries, Celery and , Spinach Slightly -Higher Today at Wholesale. The meat market was reported to- day as being steady on good stock, with practically no change in prices the past few days. Improved market conditions are anticipated at the close of the Lenten season. ¢ A decrease of 2 cents in the price of live fowls was the only change in prices in the poultry market. Todny’s Wholexale Prices. ter—Fancy, tub, 54; prints, ; store packed, 20a23. Eggs—Fancy, selected, candled, 30; average receipts, 29 Poultry—Alive— Roosters, 19; young Winter chickens, 35a38; fowls, 28 each: geese, 15a20. Dressed—Fresh- killed Winter chickens, 35a38; roost- ers, 19a20; fowls, 28; turkeys, 45a5 ducks ’8; geese, 20a25; capons, 40a4 Live stock—Calves, choice, 1 me- dfum, 10a11; thin, 8ad; lambs, Spring, 13; live hogs, 13a13% Weats—Beef, 17alS; ; hogs, 20iza21; loins, 8a30; shoulders, l6alS. Fruit and Vegetable Review. Today's market report on frults and vegetables (furnished by the Market News Service Bureau of Agrl- veal, 18; lamb, 28a30; hams, cultural Economics), says: Supplies light; demand arket steady; barrels, Mary- and, Virginia and West Virgini A 213 inches up, Winesaps, 7.00a8.00; Ben Davis. 1.50a5.00; A 2% inches up, Ben Davis, 5.50; Romes, 6.50a7.00; hoxes, Northwestern, medium to large sizes, extra fancy, Winesaps, 3.50a 3.75: Yellow Newtowns, mostly 3.00. Cabbage—Supplies moderate; de- mand moderate, market steady; South Carelina, pointed type, 1% bushel hampers, mostly 1 barrel crates, 2.50. Asparagus—Supplies moderate; de- mpand light, market dull; South Caro- lina and Georgia, dozen-bunch crates, green, very large sizes, 5.00a5.50; large size, 4.00a4.50; small to medium zes, 2.5024.00. Celery—Supplies moderate; demand moderate, market stronger; Florida, 40-inch crates 3-4 doz., mostly 2.75a 3.00; few best high as 3.50; ordinary quality, low as 2.00. Lettuce—Supplies liberal; demand moderate, market about steady; Cali- fornia, crates, Iceberg type, Imperial Valley, 4-5 doz., 2.75a3.00; some poor condition, low as 2.00; North Caro- lina, 5-peck hampers, Big Boston type ordinary quality, 1.00a1.25. Onions, old stock—Supplies 11ght; demand moderate, market firm; New York, 100-1b. sacks Yellows, T 5¥No. 1, medium to large sizes, 3.75; few higher. New stock—Supplies moderate; no early sales reported. Potatoes, old stock—Supplies mod- erate; demand moderate, market steady: New- York, 130-ib. sacks, Round Whites U. . No. 1, 1.85al. H Michigan, _ 150-1b. sacks _ Russet Rurals, U. S, No. 1, branded, 2.15a2.25. New stock—Supplies liberal;, de. mand limited, market unsettled Florida, double head barrels, Spauld ing Rose, U. S 1, mostly §.00a8. v. 8. No. few, 6.00. Supplies light; demand light, market slightly stronger; Texas, bushel baskets mostly, 1.00. Strawberries Advance. Tomatoes—Supplies light; demand good for good stock, market steady; Florida sixes, ripes and turning, wrapped, fancy count, best mostly 6.50; few higher, fair guality, 5.008 §.00; choice count, best mostly 5.50; fair quality, 4.00a5.00. sStrawberries—Supplies light; de- mand moderate, market slightly stronger; Floridd, pony refrigerators, best mostly 50; some ordinary condi- tion, 30a40 per quart. Caulifiower—Supplies light; no early sales reported. Sweet potatoes—Supplies moderate; ‘demand light, market dull; North Carolina, eloth-top stave barrels, yel- low varieties No. 1, mostly 5.00; white yams, 4.00. String beans—Supplies moderate; demand good, market slightly weak- er; Florida, %-bushel hampers, green, best mostly, 5.50; fair quality, 4.00a 5.00. Peppers—Supplies light; demand wpderate, market steady: Florida, crates, fancy, 6.00; medium size, 5.00. Squash—Supplies moderate; demand light, market steady; Florida, pepper crates, wrapped, mostly 4.50; un- wrapped, 4.00. Peas—sSupplies moderate; demand Jight, market steady; California, 45- pound crates, 4.5026.00; mostly, 5.00a 1250; South Carolina, bushel hampers, emall size, 3.00a3.50; few large sizes, 5.00a5.50. Beets and Carrots—Supplies light; Aemand moderate, market steady; Louisiana, bushel baskets, mostly 1.75. Cucumbers—Supplies light; demand moderate, market steady; Florida, %- bushel hampers, fancy, mostly, 6.00. e RATES ON BAR SILVER. NEW YORK, April 8.—Bar silver, €6%. Mexican dollars, 51%. . TODAY'S BUTTER PRICES. CHICAGO, April 8.—Butter—Cream- ery, extras, 4215; standards, 42%; ex- tra firsts, 41ad41%; firsts, 3915a40; sec- onds, 33a38. Eggs, higher — Receipts, 20,302 cases; firsts, 27; ordinary firsts, 26; storage pack, extras, 281; firsts, 28. EVERYMAN’S INVESTMENTS BY GEORGE T. HUGHES. i BELGIAN BONDS. » Like France, Belglum is recovering from the effects of the war and the convalescence is slow and painful, marked by relapses. Moreover, prices for Belgian bonds are influenced sympathetically by those for France, “The result is that anywhere from 6.90 10 nearly 7.50 per cent is obtainable on Belgian bonds, four of which, all payable principal and interest in American dollars, are actively traded in on the New York Stock EXxchange. It may be instructive to examine the reasons for the variations in price. Take the 7ls, due 1945, first. These were offered in June, 1920, un- der an agreement whereby the king- 2gm of Belgium covenants to pay annually not less than $2,300,000 to be applied to the redemption by lot of not less than $2,000,000 principal amount of bonds at 115 and this an- nual payment is sufficient to retire the entire issue at this price of 115 by maturity. Here we have another one of those provisions which operate 1o hold up the market price, for holders always have the chance that their bonds will be called for pay- ment at this substantial premium, perhaps next year and perhaps later, but in_any case, before 1945. The Belgian 8s, due 1941, also have & sinking fund suficient to purchase each year $1,500,000 principal amount at a price not more than 107%, with the further provision that ‘if bonds are not purchasable at this Iyure, beginning in 1926, they shall be drawn for redemption by lot also & 107%. Examination of the market prices shows that they are controlled by these redemption clauses. i (Copyright, 1825.) very BY WILLIAM ¥. HEFFERNAN. NEW YORK, April 8.—A sharp run- up in Humble Ol to a new high record for the year was the outstand- ing incident today on the Curb Ex- change. The opinion was expressed in well informed quarters that Humble Oil had been undervalued in the recent trading as compared with other representative members of the Standard Ofl group. Accordingly, the market was recognizing the favorable factors in the Humble sit- uation today. N Other oil shares were mixed. Gibson Oil sold at its highest for the recent movement, Anglo-American Oll was up fractionally and Gulf Oil advanced well NEW._ YORK, April 8.—Following i8 ‘an official list of bonds and stocks traded in on the New York Curb Market toda: 28 Am’ Power & Lt 8s 7 Anaconda 6s.... 2 Asso’ Sim Hdw 6138 8 83t 5 Atlantic Fruit 8s Inc 22% 22 2% 26B & 08 W 5s wi B8l 98 28 4 Beaverboard s 11 Bell Tel of Can 18 Cities Service 7a D. 47 Cities Ber P & L 65 8 Gair Robt Ts...... 00% 99y 9% 1 General _Pet 6 101 101 1014 § Grand Trunk 6s.. 10813 10513 108% Gulf 0il Corp be.. 99 98" 9% 6 Kan Clty Term 343 101 101% 101% Libby MeN & L is. 1023 102% 102% 1 Manitoba _Power 3 105 Joa 5 Mo Pac Ry bu i i forris & Co 738 Orl Pub Ser bs t P M 6l3s C 4 Obio Power Os B.. 1 Ohio Power Ts . 7 Penn Pow & Lf b8 3 Phila Elec 68 R T 6s..... 3P C &St Lds B wi 8 Pub G & E Co Sis 6 Pure Ol Co 6%, hawsheen 7s . loss-Shefl 85 | 3 Sloss-Sheft 65 2] Stand Gas & El 6 280 NY 6l4s . 10 Swift & Co b8 . 6 Trans Oil Ts wi . 0 Union Oil of Cai T8 Rub 61 '3 U § Rub 8is '34 wi 1 Vacuum OfL 7s . 1 Webster Mills 6iis 987 9% 98% FOREIGN BONDS. v Hogota & o4 o4 ey Bl so s Tl 703 King M 104 7 104 5 Krupp Fried Lad 7s D415 04% 94% 9 Mtge Bk Den 6s. D 981y 988 1 Rep of Peru & 1007 100 5 Russ Gort &l4s n T4 e 5 Solv & Co 6s '34 B 1023 1025 - 102! 5 Swiss Govt Bs..... 100% 100% 100% 5 Toho Elec L eow 90 01 n STANDARD OIL ISSUES uni 3400 Anglo Am_Oil. 10 Borne Scrymser 50 Buckeye P L. 200 Chesebrongh 810 Cumberland P 81% Mg, 615§ LoD u4s” 19700 Humble 0 & R 3011 P L 600 Imp Ol 3100 Intl Tet 60 Magnolia Pet 3 30 Northern P L &4 200 Ohio_Oil 83l Prairie 0 & P L. Sales INDEPENDEX OIL STOCKS. Tindreds. = "fA”Cn ofl ... V5§ .5]" ance O 40 .43‘ Srnd . % 3% 3% Service 18 18 Serv new wi 36% 3673 36% - Gliies Service prd.. SI% a}% ad 42 Colom Syn --.o... 1% Y A 35 Continental O1 . w‘l‘ “k _M‘ Contl Oil rts. Washington Stock Exchange. SALES. Capital Traction 5s—8$1,000 at 98, $1,000 e . g & r. 65 330 Washingt Mergenthaier Linotype—15 at 180% AFTER CALL. Washington Rwy. & Elec. pfd.—8 at 81%, 2 at 81%, 70 at B1% 2L it Monotyper3 at 80%. Elec. 6s " ,000 at 105. . Potomac on fiwy. & Elec. §. & T. 08 "38— $5.000 at 101%. ler Linotype—10 at 180%. e ton Gas 6 33100 at 101%. Money—Call loans, 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Bid. Askes Tel. & Telga. 4s...... 96% Am, Tel. & Tel. ctl. tr. Be..... 100% Am. Tel. & Tel. cont. 8. 21 Anscostin & Potomac £ oatia_& Potomac guar. . & P. Telepbone of ¥ Capital Traction R. R. Slec. Cor . :(rk 68 1933 Pot. Elec. Pow. & M & ref. h., Alex. & Mt. Ver. Alex. & Mt. Ver. ctfs. Rwy. & Rwy. ‘MISCELLANEOUS. 82 z ¢ Bk. b 101 " Stor e Pt e Seatty 58 (iong). o Rifgs Realty ds (short). = Sonthers BIdE SiSiorage 93 SPaan, Market s n Park Hotel 8s. STOCKS. erican Tel, & Telg Amtial Traction W asnington Norfolk & Faab e 415 220 sommerce & Savings Cont" Washington. 2 Eecurity Ravings e Washington Mechanics'. £ FIRE INSURANCE. 225 Aerlcan - Corcoran o remen’s Kationat Union. TITLE INSUBANCE. ibla_Title Gosi Estate, Titie MISCELLANEOUS. D. O, Pape Merchants’ Mergenthaler Linotype . G & Invest. pfd.,. Natl, M A d. THE EVENING STAR, WASHINGTO NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office | over a point. Cumberland Pipe Line ran up several points before any profit tak: ing occurred. Standari of Indiana gave way to Humble as the market leader and pursued an irregular course under 64 the greater part of the time. Stand- ard Oil of New York dropped a point, and Vacuum Oil at one stage lost even more. Gillétte Safety Razor responded to an extra dividend of 12 cents a share, rising about 1% points. Centrifugal Pipe and White Rock both jumped flhl')ul 3 points. Among the public utilities, Na- tional Power and Light was still the leader, selling at a new top around 250. Lehigh Power securities gained over 3 points at one time. Hazeitine was a weak spot among the radio issues. 22 Creole Synd 13 1 Derby O & Ref pfd 24 Gibson Ofl Corp. Gulf Ofl of Pa Kirby Pet Lago Pet . Latin Amer ount Prod New Bradfor New Mex Land Noble 0l & Gas. Ohio Fuel 01l Peer 01l Cor Pennock Oil Cor] Royal Can 0 & Ryan Con... Balt Creek Prod. United Central Ol Venezuelan Pet Wilcox Oil & Gaw INDUSTRIA 10 Adirondack Power. .51 3 Allied Pack new. 3 1 70 4 10 4 w158 TS 8 Am Pow & Lt new 14Am Pow & Lt ptd 831 85% 85k 1Am Buperpower A.. 2T% 21% 2% 5 Appalac Pow & Lt 70 78% 19 1 Arisona Pow & Lt 21 20 21 6 Assoc Gas & Elec.. 20% 26 28 15 Armour & Co B vte 12 12 12 1 Artioom Corp ... 30 1 Artloom Corp pfd 8 Bolssonault G Co 1% Borden Co . 5 Bridgeport Mach % 6 Brit-Am Tob Cou. 18 Brown & Will B.. 1l 11 114 3 Burr Ad Mch ow pf 105~ 105 105 1 Car Light ......... 4 4 4 i Carolina Pow & Lt 337 337 337 i Cellulot Co pf &5 8 18 Ceatrifug Pipe 17 1y i1 Chapin Sacks & Co. 21% 21% 21i3 3 Childs Co pfd 116 116 1 Gleveland Auto 2, i, 1% Common Pow Corp 1i1% 1% Com Pow Corp ptd 8 Cons Gas Balt nw 34% 5 Continental Bak A. 27 Coutinental Bak B 4 Continental Bak pt 2 Cuba Co . 3 Coty Inc 2 De For Rad C 3 Doeh Die Cast Co 4 Durant Motor ... 1Dus Co A .. 1 El Do & Sh pfd . El Bo & 8h new Cor Luy 1 54 3 1F i 3 oGeu tas & 3 Gen Outd Ad Cor A 20 Gulette 8 K .. Glen Alden Coal (Goodyear Tire Grennan_Bakerie: Grimes R & C K Hazeltine Cor Heyuen Chem Imperial Tobac. Inter Contl Rub .. Inter Match Cor pf Jones Radio - Lehigh Pow s Lehigh Val Coal .. Len Vaj Lib Me Liberty Radio Ch Library Bur ... Mengel Box Middle West " Utii Moore Drop Forge A Motor Wheel Cor n Music Master Corp Nat Pow & Lt. Omnibus Cor A pfd Omaibus Cor vtc.. Oppenheim & Colns Paige Motor Pathe Exch Jnc A Power Corp N ¥. Pratt & Lamb Cor Purity Bak B..... 8il Gel Prod n vt c 80 C & 1 new..... . Southeastern P' & L South Caiif Edison. Spear & Co pfd B el o 0 1 09 o o 8 e 10 6 B 200 b 0 00 2 Stand Pub Co A L 2% 5 Switt Intl 200 200y 29iy 3 Bwift & C 101 11015 110% % Tenn Eiec 57, 81 61 5 Thermiodyne Ra C 8 % 8 1 Tobac Prod Exports 8% 31 3% 3 i 85 B By 881 @8 86 U a e A e = 20 1 Universal Pict Co.. 23l 254, 25% 3U 8 Lt & Heat 1 ! 1 23 Victor Talk Mach.. 68 63 68 3 ware Radio 07 10 10 [EEs il By By iy ebster Power { 5 WhRk aln S5 new 207 287 28 27 Wh Rk Mn S nvtc 20 27% 28% 11 Wick-Spencer BSteel % 4 s 12 Wilson new wi 1By 146 14y 7 Wilson A new 331y 30% 304 6 Wilion new ptd wi 74% T4 T4 3 Yellow Taxi N Y.. 13 15 15 MINING. 17 Canario_Copper.... 3 3% 8 Chipo Ext Mines.. .71 A 1 Chief Cons Ex. 3% 31 2 Cons Copper Mines 2% 2 Cresson Gold. 3% 2 Dolores Esper .50 8 Eng Gold M L 344 180 Eureka Croesus. 21 70 Forty Nine Mines ‘20 10 Gold_ State .05 2 Harmill Div ‘1.0 a2 100 Hawth Mines inc 22 8 Hollinger ... 13% 4 Hecla Mine . 5% 15% 2 Howe Sound nw vic 18% 18% 18% 40 Independance Lead. 45 Jerome V Develoj 100 Lone Star . 4 Ohio Copper 1 .98 56 Plymouth Lead Min .62 50 . 1 Premier Gold Min. ~ 2% 2% 4 5o Am Gold & P... 2 2 20 Spearhead Gold 05 10 Stand Bilver Les a1 38 Tonopah Extens 2% 20 Trinity Copper 25 12 United Verde Ext 8% 31 Utah Apex .. 6% 8 11 Wenden Copper .., 3% 3% KEROSENE PRICES ARE ALSO LOWERED HERE Half-Cent Cut Made Along With Latest Reduction on Gaso- line Charges. Special Dispatch to The Star. BALTIMORE, April 8. — Gasoline was reduced 1 cent a gallon yester- day by the Standard Oil Co. of New Jersey in Maryland, North Carolina, Distriet of Columbia and Virginia, according to an announcement made by the Baltimore office of the com- pany. A reduction of one-half cent per gallon was ordered in South Caro- lina. Kerosene was reduced one-half cent a gallon in all of the company’s territory, with the exception of Bal- timore. The new price of gasoline a gallon {s: Tank delivery, 19 cents; serv- ice stations, 21 cents. ONION PRICES JUMP ON SLOW SHIPMENTS By the Associated Press, CHICAGO, . April 8.—Oplon prices are rapidly advancing as ‘a result of decreased shipments and exhaustion of storage supplies. According to a summary issued yesterday by the United States Bureau of Agricultura] Eco- nomics, most oities report an advance of 25 to 50 cents per 100-pound sack, and the New York onion market has made an extraordinary rise of more than a dollar a sack, with prices $4.35 on best Midwestern yellow on- ions. California w! strengthened to “market.. IRON ORE PRICE CUT STIRS UP INDUSTRY Drastic Reduction in Output Threatened by Duluth Mine Operators. BY J. C. ROYLE. Special Dispatch to The Star. expressed the bellef that the cut in prices would result in an increase in the amount of ore handled of from 20 to 25 per cent. Birmingham pig fron producers did not conceal their satisfaction and asserted they would continue to turn out pig at less cost The first sales of ore made by Du- luth £perators in the Cleveland mar- ket have established the fact that prices for 1925 will be 50 cents a ton By the Associated Pre NEW YORK, April §.—"In both out- year's. March are 3,664,247 tons, tons a day, against 3,214,143 tons in February, or 114,791 tons a day. ORDERS STILL DRAG INSTEEL MARKETS Finished Ahead of Lake Ore and Steel Book Pig Iron Bookings. is more orderly thus far than last March production held better than was commonly supposed.” Complete plg iron figures than No o in March several furnaces went out, ertaern gompetitops & net loss for the month being 9 oos Lower, Than ta 1024 On April 1, the 245 active furnaces had a daily capaeity of 112,380 tons a day against 115,700 tons a day for 254 furnaces on March 1, a decrease of 3,320 tons in the daily rate. or 114,975 FINANC Prompt Action First Mortgage Loans Lowest Rates of Interest and Commisalon Thomas J. Fisher & Company, Inc. 738 _15th Street SECOND TRUST NOTES PURCHASED AT OURRENT RATES, PROMPT ACTION UNION FINANCE CO. 1410 H St. N.W. We Solleit Applications First Trust Loans Current Interest Rates ings “WHAT APPLIES” ~~to the best trained minds should be the policy followed by the inex- perienced. INSURANCE COMPANIES Goldsmith Building’ 1405-7 Eye StN.W, 9670 NEW Y —W| _|put and prices the change in the —are increasing their First Mortgage foreni opinion ‘Wers "exprensed ‘fo- | steel Industry” 1s " proceeding ‘more || holdioss i 'Bhl‘l:i.‘lmfié | et s st e day by the producing and consuming | ¥ T AL WS ApTece (v) he L | recently,” Iron Age says. “The week & tion ogtsq":",':'::'l’,::t":’",::"p;,fi:‘:“s, has brought a 00-cent reduction in || lovestors shoula decresse equally o . o 3¢ ’ northern iron ore. From Duluth[lake iron ore and further declines “; losses reported would diminish cor- ql“ta e -0 eratlve ul mg ss N ¥ mine owners declared by telegraph|PI§ iron and scrap, but a number o respondingly. 8 that production 1n ihe Lake Sumerios |fnished steel producers have had Wo Riscsiaind reglon” would'he seriously « affected, | better bookings than tneir average || ooy My ” JOHN JOY EDSON, President FRANK P. REESIDE, Secy. with possibly a drastic cut In out-|in March. Generally, new orders are Irs ortglguOnly Organized 1879 45th YEAR COMPLETED (3 put. Ore consumers in Cleveland |Uite below shipments. The recession ||| —is why we can boast of & record of T $4,042,13268 Surplus ............. $1,317,011.44 “Never a Loss of a Penny” Notes Available | $100 and Up, Bearing 614% CHARLES D. SAGER First Mortgago Department 924 14th Street, N.W. Main 36 T Continental Trust Company P for Late lower than last year. This means a cut of §1.30 a ton from 1923, as quo- tatlons were lowered 80 cents last season. Declining prices for pig iron in late weeks have caused a gen- eral weakness in the Northern ore markets and many Northern pro- ducers have foreseen the necessity for the price reduction. A year ago at this time pig fron prices were 50 cents to $1 a ton higher than they are today and mine owners have made strenuous efforts|| to avoid further reduction. As now established Cleveland ore prices are fixed at $4.40 a ton for non-Bessemer old range and $4.25 for non-Bessemer Mesabi range. According to the Cleveland shipping || and steel men the lowest estimate there of the ore movement for the season s 63,000,000 tons. This com- pares with a total handled fn 1924 of 42,000,000 tons. This will keep the ore fleet busy, but vessel earnings are not expected to be in direct ratio, since the low draft rate, necessitated by the condition of lake waters, will prevent the handling of full cargoes. Short Cargoes Necessary, Vessels are not permitted to be loadéd o that they draw more than 181 feet of water, which, vessel men say, means short cargoes. The cut in ore prices has had some effect on the Buffalo pig iron market, but, so far as can be learned, the price of eastern Pennsylvania product , has not. been affected Birmingham, Pueblo and the Utah producers are entirely unworried and are turning out pig iron as fast as equipment and working forces will allow. EASTER TRAI.:)E LARGER THAN IT WAS YEAR AGO MONEY TO LOAN | First Trusts placed and Second § Money to Loan Becured by first deed of trust on real estate Prevailing interest and commission Joseph 1. Weller R T ) With i Monthly Deposit on Account 13th and Eye Sts. Loans Made of From £50 to $10,000 Is the Basis of Credit.” 430 Wash. L. & Trust Bldg.. fth & F N.W. Loans for One Year | Morris Plan Bank “Character and Earning Power 5 Capital One Million Dollars T things in a financial way. 14th & H Streets and learn of this plan, Jersey Central Power and Light Company First Mortgage and Refunding 5%2% Gold Bonds % Excellent record of growth in earnings and business shown by these properties. The great possibilities for future expan- sion also merit the investor’s attention. land and Virginia. The: Cumulative Preferred Stock Trusts bought on improved prop- erty in the District of Columbia. Also money avallable for Third Nearby Virginia and Maryland Trusts Trusts in small amounts. placed on improved property. Prompt service and nomin: charges. . KAY-SCHNIDER-KAY CO. Incorporated Investment Bldg. Franklin 513 7% Series Send for Descriptive Circular G-549 | E. H. Rollins & Sons Founded 1876 416 Woodward Bldg., Washington Boston, New York, PMladelphia, Chicago, Denver, San Framoisco | 735 15th St. NW.— Special Dispateh to The Star. BALTIMORE, Md. April 8—The Easter volume of trade is larger than it was a year ago, according to heads of department stores. Wholesale busi ness continues more or less spotty. Th big element in the situation that is fraught with uncertainty and that holds the key to the future course of prices to a large extent is that of stocks of goods. Some of the statistical measures seem to indicate that stocks are heavy -in comparison with -current FEDERAL- AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, Pres of New - . FRED T. Investment Bldg. GASOLINE Yielding tion the market affords obligation. percentage of yield. The Prudence Company, Inc. 1358 D St. N.W.—SALES AND SERVICE—Franklin 5788 Z.C. T. ELECTRIC “WHEN"” Investing In Our of absolute safety BUT interest. You can plan months shead the day due. bear 6%2% Realtor 928 14th Loan Dept. b York Invites Applications for Construction Loans Long-Term Refinancing Amounts of $50,000 and over NESBIT Loan Correspondent Main 9392 ELECTRIC NON-SPECULATIVE INVESTMENTS In Your Own Business 159, to 40 Year for 10 to 20 Years Our policy—“The most efficient transporta- Return Year After backed by intelligent service and unwavering integrity to our clients.” This policy strictly adhered to makes attrac- tive truck investments possible. Our engineers will survey and analyze your problems without It will pay you to investigate before wasting capital buying just “trucks” with lower first cost, Torgetting shorter life and higher maintenance. An unbiased report will be submitted, in- dicating what investments can be made and the Our Customers Verify Qur Statements FIRST MORTGAGE NOTES —you not only get the advantage an efficient, prompt and courteous service in the remitting of your your interest check reaching you Our facilities emable us to provide for the investors of small amounts of $100 to $500, all of which Infermation Booklet Sent Upen Request CHAS. D. SAGER 31 IAL BONDS GERMAN STOCKS Bought—Sold—Quoted Full New York and Berlin Market Received Dally Send for Special Market Letter Peter Whitney 203 Investment Bldg. Telephone Franklin 3978 Subscriptions for the 88th Issue of Stock Being Received Adopt Our Saving Plan The Equitable’s systematic saving plan will help you accomplish big 915 F Street NW. Shares $2.50 { Per ;WM onth S S i B ) ) S Join today }(: ke F 2 E L3 Metropolitan Housing Loans (Metropolitan Life Insurance Company) On homes in the District of Columbia and suburbs in Mary- loans moy be made for 15 years and are very od- ventageous to the borrower for the reason that they elimi- nate eztensions, or new loans at the end of short perioda. No life insurance requirement. Unlimited funds for loans in the District of Columbia on BUSINESS PROPERTIES APARTMENT HOUSES OFFICE BUILDINGS AND HOTELS Write for booklet. Lowest Interest Rates—Brokers' Applications Invited WEAVER BROS., REALTORS Phone Main 1821 IFTY-TWO YEARS OF PROVEN SAFETY"--tells why Smith Bonds arc safe bonds; how Smith Bonds are safeguarded ; how our record of no Ioss to any investor in 52 for LOANS on for Located in the PENDENT INCOME" (1925 Edition)--Telly how you can buy Smith Bonds with savings of $10 or more a month; how you can get bond interest on all pay- ments; what you can accomplish 28 by systematic investment at 7%. Neo Loss to Any Investor in 52 Years Smith Building, 815 Fifteenth St. THE F. H. SMITH COMPANY Smith Building, Washington, D. C. APPLICATIONS INVITED IMPROVED PROPERTY District of Columbia and adjacent Subucbs in Montgomery County, M& 5: % INTEREST r‘flppl}' ro H. L. RUST COMPANY ' LOAN CORRESPONDENT She PRUDENTIAL INSURANCE COMPANY o AMERICA 912 15th Street N.W. Main 6838 '?:_‘n\"rffllHllIHI!IIIIIl!i\'!r:?flIIIlIlllfllllllil\\'lrlillllllllllIllll An Ideal Investment for Financial Institutions, Trust Secured Upon the New INTEREST YIELD SECURITY: Direct Closed First Mortgage upon the new office corridor floors; oBernEn VALUE OF PRO lows; Value of Land Value of Building This_mort ONE HUNDRED PER CENT. Ralph M. LeComte, Treasurer. Dr. * Directors. ‘WE HAVE EVER OFFERED > MORTGAGE TR S T T T e 3 We Offer, Subject to Prior Sale $450,000.00 FIRST MORTGAGE NOTES Washington Medical Building Northwest Corner of Eighteenth and I Sts. N.W., Washington, D. C. 62% Medical Corporation, being erected at the Northwest Corner of 18th and I Streets N.W., Washington, D. C,, to provide specially designed and equipped offices for physicians, sur- geons, dentists, X-Ray men and leading physical laboratory experts. BUILDING: To be eight stories and basement; reinforced concrete frame. 3 be limestone, ornamental tetra-cotta and brick. Marble Iobby; tile or terrazzo rooms with tile floors and base. Two passenger elevators. ERTY: Conservative experts in value have appraised this property as fol- Total Value . ge represents only about 53% of the sales value, or a protection of nearly ORGANIZATION: The corporation is to be directed by Dr. Charles S. White, President; Dr. S. Boyce Pole, Vice President; Dr. Oscar B. Hunter, Secretary, and Dr. These officers, with Dr. Edgar P. Copeland, Dr. E. A, Archibald L. Miller, Dr, Charles S. Hyde and Mr. Lee Paschal, comprise the Board of 'WE RECOMMEND THIS INVESTMENT AS ONE OF THE BEST Call, write or telephone reservations, and they will be allotted in the order received. INVESTMENT DEPARTMENT Ml Estates and Individuals building of the Washington Exterior walls to ,000.00 . 590,000.00 Merritt, SRS NSNS