Evening Star Newspaper, April 21, 1925, Page 23

FINANCIAL. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office PRGESHOLDFIRN ATCENTER MARKET Storage of Eggs for Next Winter Now Keeping Price Levels High. Very firm was reported of the con- dition of the egg market this morn- ing. “In both New York and Chicago, storing activities are greater than usual,” remarked a local dealer, “and the storage stock at this time is 500.- 000 cases greater than at this time a year ago Dealers are anticipating high prices next Winter. Chicago packing houses are reported putting eggs away for next Winter's trade at 32 cents, while in New York the price at this time is 31. There is slight probabllity of cheap- er eggs this season, according to dealers. The butter market was up one-quarter and one-half cent this morning, but the slight change will not affect the retail market. Today's Wholesale Prices. prints, selected, , 29, Alive—Roosters, 19; young chickens, 35a38; fowls, 28; , 15a20. Dressed—Fresh killed Winter chickens, ers, 19a 20; fowl: ; duy 25a28; g s, 40a45. Live choice, 1114; medium, 10all; thin, $a9 lambs, Spring, 13; live hogs, 13a13% Meats—Beef, 18; veal, hogs, 20%a21; loins, 30a 28a30; shoulders, 19a2 Fruit and Vegetable Review. Today's market report on fruits and vegetables, compiled by the Mar- ket News Service Bureau of Agricul- tural Economics, says paragus—Supplies moderate; de- nd mode arket steady; South Carolina dozen bunch crates, size, 3.50a4.50; mostly to medium % 3.00; small size, rag Poultry Winter stock—C 18; lambs, hams, ; mostly liberal; demand South Caro- 2.35; mostly Cabbage—Supplies moderate, market steady lina, barrel crates, 2.01 around 2.25 Celery—Supplie: light, market light; demand dy; Florida, 10-inch crates, 4-6 doz., best, mostly 3.50; fair quality and condition, a3.00; some poor condition low as 2.00. Onion Market Dull. Onions—New stock: Supplies mod- erate; demand slow, market dull; standard crates Yellow Be commercial pack, mixed few higher; Cr: comnrercial pack, mixed No 2, 2.30a2.15. Old sck: Supplie demand light, market dull: no early sales reported. Lettuce — Supplies moderate; de- mand light, m: Califor- nia, Imperial V Iceberg type, 4-5 dozen, a3.50; 3 dozen, mostly 3.00; some poor con- dition, wide e in prices, low as 50: North Carolina, 5-peck hampers, Big Boston type 1.50a2.00. Potatoes — Old ~ stock: Supplies light; demand light, market steady; New York, 150-pound sacks round | whites, U No. 1, 1.80a1.90. New stock: Supplies liberal: demand | light, market about steady: Florida, double-head barrels, Spaulding Rose, U. S. No. 1, mostly 6. some fair condition. 6 Strawberries — Supplies moderate; demand moderate, rket about steady; North Carolina, 32-quart crates, various varieties, wide range quality and condition, best, most] 7.00; few higher: some fair quality and condition, 5.0026.00. Tomatoes—Supplies liberal; demand moderate, market steady for good stock; Florida ripes and turning wrapped origina ncy count, some spotted, best, fancy count, best, 4.50a5.00 ordinary qual- ity and condition fancy and choice count, 2.00a4.00. String Beans Higher. String be: Supplies liberal; de- nd limited, market slightly strong- er; Florida, 7s-bushel hampers, green, fair quality_and condition, 1.50a2.00; few best, some refused. Cucumbers—Supplies light; demand light, market dull; Florida, square bushel crates, fancy and choice, 3.00a Squash tal White liberal: demand Florida, pepper around 2.50. iberal; demand slow, uth Carolina, bus mpers, large pod varieties, be 00; small pod varieties, best, 1.75 some ordinary quality, 1.00a1.50. Pepper Supplies light; demand r: market steady es, fancy, mostly 6.00; cho! .50, Eggplant—Supplies limited; demand light, market steady; Flori crates, 4.00a 7 4.50. Beets—Supplies light; demand mod- erate, ma Texas, bushel Supplies market dull; white, mos pli rarket steady : demand lim- ited, market dull; , bushel bas- kets, 2.00: MONTH’S DIVIDENDS EXCEED 1924 TOTALS By the Associated Press. NEW YORK, April and interest payments to be made in April by 310 corportaions involve 304,700,000, compared with $386,- 250,000 in April last vear, it is calcu- lated by the Journal of Commerce. Dividends aggregate $94,450,000, against §92,7; TS DAIRY PRODUCTS. BALTIMORE, Md., April 21 (Spe- clal).—Live poultry chicken: 1b.. 25a38; rough, 25a2 Winter chickens, 45a50; Springers, 50 a60; old hens, 25a32; Leghorns, 25a 26; old roosters, 18a18. Ducks, 18a26. Pigeons, pair, 50. Guinea fowl, each, 60a1.00. Eggs—Recelpts, 978 and nearby firs 2815. Duck eg: 3043 Butter—Good to fancy, Ib prints, 46a4S; ladles, ‘28 packed, 23; dairy print; 23a28; process butter, 31a82 —_—— WORLD ZINC OUTPUT. NEW YORK, April 21.—The world's output of zinc in March is calculated at 108,800 short tons by the American Bureau of Metal Statistics. This com- pares with 97,400 tons in February and 104,900 in January., Production in the United States in March was 1,200 tons more_ than in January. Great Britain and Australia, however, were the only important countries to pro- duce less zinc in March than in Janu- ary. 21.—Dividends poor cases; offered, native 29; bid, 41a46; store- 28; rolls, A Word to Speculators. T¢ you must speculate, select a rep- utable broker who holds membership in a recognized stock exchange. Ex- change requirements, in thefnselves, are some protection, as its members must comply with business ethics as provided by rules and regulations. 17 a member violates these rules, he hazards his membership, which is usually his greatest asset. —s. Baltimore was the first city in Amer- ica to use gas fer street 1:zhting. BY WILLIAM F. HEFFERNAN, NEW YORK, April 21.—~The action of motor and mining stocks over- shadowed everything else that hap- pened in today’s trading on the curb exchange. Buyiag of motors reflect- ed the highly favorable outlook for the industry and belief that earn- ings for the second quarter would be substantially in excess of those for the first three months Special buying came into Cleveland Motor common, which was in greater de- mand than in some time, while the preferred advanced from 9414 to 95% on running sales. The new Chrysler common lost a point, but this was in sympathy with a drop of a point in Maxwell Motors “B" which is con- vertible into the new Chrysler on a share-for-share basis. Renewed actlvity at new high prices for the year in Forty-Nine Min- ing shares was coincident with the re- port that interests connected with the Premier Gold Mining, Ltd., a Guggen- heim enterprise, had acquired & con- trolling interest and that the former company would benefit through the latter's facllitles in its development work. The turnover in the stock was the largest of any day this year. Southern Coal and Iron was another low-priced mining stock to distinguish itself, more than doubling its selling figure. With copper, lead and zinc metals dragging at bottom prices for the year, there was no incentive to come in on the buying side. _ — NEW YORK, April 21.—Following is an official list of bonds and stocks traded in on the New York Market today: Sales in BONDS thousands. High. 1'Allied Packers s 78 10 Allied Packers 8s 91 G Am Beet Sug Os.. 08 32 Am Gas & Elec 05 96 15 Am Pow & Lt 65 § BAm P & L 6s new wREEESERe ¥ 13 Detroit “Gity 31 3 Detroit Edison 66 114 3 2 Fed Sugar 8s 1 Gair Roht 1 Galena Sig Ol 7 1 Hood_Rubber, 7 41Intl Pap 6s A 4 Lib McN & Lib 5Mo P Ry 6s E orris & Co 781001 Orlns P Ser 5s 85 B. 1 Pennok Oif Co 6; 32PCC &St LB Sheft 8s "Bl 1015% South Cal Ed 5s 1080 Gas Elec 6335 119 15°6°% ¥ §ier " 107 10 Sun ONl Bigs - 35wt Co' b, 5 Thresen It &5 age 7 7S RUD G 348 C S Rub 638 7 S Rub 64 acaum o1l 7e hat Mills 8% FOREIGN BON! ity Bogota Bs... 943 S R France 7s. 8 French - Natl 75 58 Krupp-Fred Lt 7a 10 Mia"Bic Denmic s ne .t B8 dbw D 34 B 1028 1028 B Swiss’ Govt, s .- 1004 2Tono Elee 7e... 905 Sales STANDARD OIL ISSUES in units. 3100 Anglo Am_ 0il 10 Buckeye P L 30 Cumberland P 10 Eureka P L 100 Gal Sik Ofl : 55 10 Gal Sig O pf new 10015 100 300 Humble Oif & R.. 4613 46 1500 Imp Oil Can new 2813 2814 10Ind P L. . is 2600 Inter Pet 50 Magnolia Pet . 10 Northern P L 1200 Ohio Oil e 300 Penn Mex Fuel 700 Prai Oil & G new 100 Prarie P L'.... Solar Refin outh Penn Oil. . 2508 O Ind 900S 0 Kentucky 108 O Nebraska. 5008 0 N Y 105 O Ohio. 10 S O Ohio ptdh 2400 Vacuum Oil - INDEPENDENT OIL STOCKS. 7 Allen Oil ...... .65 Am Maracaibo €0 ~ 7% Ark Nat Gas.. arib Synd . 3% Cit Serv ...... 1Cit Serv mew wi Sales lombia Syn 4 Continental Oil 7 rts 1 Darby Pet . ... Gibson Oil Corp. 1 Kirby Pet ..... 3 Lago Pet .. 01l tin Amer Oil ngston Pet arland . ... 1] Mount Prod Mount_Gulf . 1 New Bradtd ‘Oil 5 New Mex Land. 2 Ohio Fuel Corp’ 1 Pennock Ol Cor 5Red Bank Oil.. TS & PEETTE 33t D22 DN e ) A Washington Stock Exchange. SALES. Capital Traction 55—S$1.000 at 97%. $1.000 at 973%. 4 ‘Washington Gas Light—10 at 56. Wash. Rwy. & Elec. com.—5 at 108%. Wash. Rwy. & Elec. ptd—b5 at 81, Riggs National Bank—35 at 342%, 3 at 3428, Lan Monotype—10 at 80%, 10 at 80“-. ‘1‘?‘“1!!“5\);3. 2 at 80%, 1 at 80%, 0% L §forgenthaler Linotype—5 at 180%. 5 at 180%, 10 at 180%. AFTER CALL ‘Wash. Rwy. & Elec. com.—>5 at 108%. Wash: Ruwy, & Elec. 48—$1,000 at 1%, $2,000 at T9%. - Money—Call loans, 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. American Tel. & Telga, 4 Amer, Tel. & Telga. Am. Tel. & Tel. ctl. tr. 5%s Am Tel. & Tel. conv. 8s. Anacostia & Potomac 5s. Ana. & Potomac guar. 5 C. & P. Telephone be. C. & P. Telephone of Cap. Traction R. B. 5 City & Suburban 5t Georgetown Gas st Potomac Elec. 1st 5s. . Cons. B, Pot. EL ~m. Wash., Alex. & MtV Wash., Alex. & Mt. V Washington Gas Washington Gas_6s. 0: Wash. Rwy. & Elec. ds. ... 78 Wash. Rwy. & Elec. gen. .. 101 MISCELLANEOUS. D. C. Paper 6 4 Pot. Jolnt Stock L Rigks Realty 55 (long) Riggs Realty Bs (short Southern BIdg. 6%s. Wash. Mkt. Cold Storage. Wardman Park Hotel 6s. STOCKS. PUBLIC UTILITY. Amer. Tel. & Telga. Capital Traction. Washington _Gas. Norfolk & Wash.'Ste: Wash. Rw. Wash. Rwj Terminal Vational Capital. ‘olumbia Commerciai ad : Natlonal Bank of Wi TRUST COMPANIES. American Security & Trust Continental Trust. Merchants' Ban] National Savings & Trust Union Trust. Washington Loan & Trust... SAVINGS BANKS. Commerce & Savings East_Washington Security Saving: Seventh Street. Tnited States Washington Mechanic FIRE INSURANCE. American 225 Corcoran .. Firemen's. National Ul Columbia Title, Real Estate... 'MISCELLANEOUS. D. C. Paper pi Merchants’ Tran Mergenthaler_ Linotype Natl, Mtge. & Invest. 014 Dutch Market com. 0ld Dutch Market pfd. Lanston Monotype. “ 5 14Roy Can O & B 1% 1Ryan Con ..... 6l @Salt Ck Prod... 26 0 Un Central Oil. 7 4 Venezuelan Pet. 4 0 West States Oll. .12 2 Wilcox 0 & G. "B 1 Woodley Pet INDUSTRIALS. 10 Lo PO o R EE BoBeas e CER R R 11 Adirondack Pow 57 2 Allied Pack new 1AM C & F n Gas & El . Hawain §'8 '8 k& oot 1000 P & Lt new bb4 D& Lt pt Superpow G & E. o o e o o Bnornsmots 99 8 Bot Cen 4 Brit-Am Tob cou 1 Brit-Am Tob rex 5 Brooklyn Cit RR % Bucrus, Co... Car Light 9 Centri Cha hatterton hrysler wi..... leveland Alufa. leve_Auto pfd.. om Edison Tis.. ‘om Pewer Corp1 Jom Pw Cor wts ‘ons Gas Balt b ont Baking A. ont Baking B, ont Baking pfd. ‘uban Tob. vt oty Tnc wi orest R o B chler Dilier C nhill In' rant Mo z Co A : El Bond & Sh' pt 1 10 E B & Sh new co lec Tnvest Inc.* 1 Federated Met 7. 4 Freed-Eis Rad € 4 Freshman Chi 1 Frank Mfe. 25 Frank Mfg 1Gen Audr A 1B Gilleite Sal Raz IO IO 132 L e o Bk 5 0 1 A e 1 B e 300 05 8 Bh 10 D N R e & o S E e b 00 AR B AR S DB DR & W FENEEE W SN o 6 =, E T i FHIT SR & A 99990 SIS GO 1D R R SIS DI I o & G210 HDBISIHE G n IS S DI DI Dz D% R 99200 1 ¥ & FF s one LSO 30 D I O RS 10 e - MYTTD! EEE " 0 Br B A T h kS B R P AN S R S e B R R N R R RE S a585a A TEEEE G s Canme s D AE L S A AT S2S BIEISREE! FFLENGE BESEEE Mei G 3 Haj 4 Hazeltine Corp.. 1 Int Mateh Cor pf 3 Int Utilities B.. 4 Kelvinator Corp 3 Lehigh Pow sec 253 W& PETRE PEETEE PEEE S E5 om0 €313 1E3cH0~1 0k Or S 10 SS508 525! e Ut pr lien 1 0 Tel Co’ ptd ick Pl new wi r St P C ptd Nortl™ Ohio_ Pow Qppen &' Colly 23 Palke M. it Pathe 5o 2 Purity Bak A.. 1Pratt & Lamb wi 1 Reid fee Cream. 2 Rem Noisels T A 'y Rem Nolil'T pt Reo Mot ...... GHova R Cir cfa 18Sar El A...... Sil Gel Prn vie 1Sleeper R C vie 080 € & I new.. outheast P & 4 Souwest Bell e EE 2 1 ool seLucS ot oA S s - P T I3 LEcomnbnnn ORIt O R A R ATt At b AN SERSEE B MR SoEBERER! EE e = VAR B o 10853 i 1083 ar & Co.... 234 24 Stand Pub Co ‘A 2 Stuts Motor 4 Swift_Intl Ten Elec Power Thermiodyne RC United Pft Shar. o oD ETeY) 9 e B s 8 3 1 D DR B AL 5 DR DD DA L3k ickw Sp St Co ilson new wi.* ilson A nw wi flson nw pf wi Yel Taxi Cor N Y 14 MINING. 20 Ariz Globe Cop, . .. 15 Canario Copper .. 3% 18 Chino. Ext Mines .82 Mi p Ran; 50 Divide Exten . 4 Eng Go M Ltd'In 52 50 Eureka Croesus. . .14 240 Forty Nine Mi . 10 Harmiil Div 1 Hecla Mine 7 Hollinger . FEEOERFF TR ERNTRG i 1919 IRt b - 2 Lhsishin 5 Kay Copper Cor.. New Jersey Zine 180 3 G 00 e BT D ke 2 00 o ‘onopah Mining. nited East Min . ited feia) WASHINGTO COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY CHICAGO, April 21.—Packers say of their trade: “There is a decided lack of cheap beef on the market. Heavier receipts of ilve animals eased the price somewhat, though not commensurate with the volume of the increase. Pork trade is dull.” PHILADELPHIA,® April 21.—The two largest circular saws in the world have just been completed by the Henry Disston & Sons Co. for the Weyer- Hauser Timber Co. of Everett, Wash. They will be used to cut hemlock into log lengths. The saws run at a speed of two miles a minute. TOPEKA, Kans., April 21.—Kansas is expected to have 1,000,000 more acres planted to corn this year than last. If the yleld should be the same this would give a crop of 22,600,000 bushels in excess of that of 1924, CLEVELAND, April 21.—The first coal cargoes on the Lakes were taken at rates unchanged from®1924 levels. Freights are 40 cents a ton to ports at the head of Superior, 50 cents to I\Bfilwaukee and 45 cents to Georgian ¥ INDUSTRIAL LOANS TO GERMANY HALT American Bankers Study Situation Due to Hindenburg’s Move to Gain Power. By the Associated Press. NEW YORK, April 21.—Negotia- tions for German industrial loans and credits, which are constantly being placed before American bankers, have been brought to a halt by the im- pending national election in Germany. Although the rapidly shifting politi- cal scenes in most European countries rarely affect financial relations seri- ously, bankers are devoting consider- able study and thought to the Ger- man_situation in view of Gen. von Hindenberg’s attempted return to power. EXTRA DIVIDEND ON STEEL PUT OFF BY DIRECTORS Big Turnout of Stockholders at Annual Meeting Held in Hoboken. By the Associated Press. HOBOKEN, N. J, April 21.—The $517,000,000 undivided surplus of the United States Steel Corporation will not be drawn upon to provide speclal or increased distributions to stock- holders, Chalrman E. H. Gary indi- cated at the corporation’s annual meeting late yesterday. More than 100 stockholders attend- ed the meeting, representing 1,452,- 491 shares of preferred and 2,383,004 shares of common stock. The direc- tors whose terms expired—George F. Baker, J. P. Morgan, E. H. Gary, James A. Farrell and E. J. Buffington —were re-elected. The corporation’s books showed that its stock was widely distributed. Presi. dent Coolidge was listed as the holder of 50 common shares. George F. Baker was one of the largest individ- ual stockholders, with 58,059 common shares and 500 preferred shares under his name. Joint holdings of E. H. Gary and F. M. Waterman were listad at 135,653 shares of common and 902 shares of preferred. e MILLS REPORT GROWTH IN YEARLY EARNINGS By the Associated Press. NEW YORK, April 21.—The first annual report of the Botany Consolid- ated Mills, Inc, for 1924 shows net earnings of $1,731,298 after all charges, equivalent to $17 a share on the class A stock. Current as- sets were $28,987,495, and current lia- bilities $12,958,992. president, sald that despite adverse conditions prevailing in the textile industry during the year the com- pany had shown substantial earning || power. A long-term option has been obtained, it was announced, to ac- quire half interest in a group seeking || control of two important European textild companies. WILL ‘OFFER NEW STOCK. NEW YORK, April 21.—: common stack at $25 a share on the basis of on3 share of new for each ten shares of old.- The company owns a controllitg stock interest in the Power Corporation of New York. g @ #x GRAIN AND PROVISIONS. BALTIMORE, Md., April 21 (Spe- cial).—Potatoes, per 100 pqunds, 1.00a 1.85; sweet potatoes, barrel, 2.50a6.00; yams, barrell, 4.50a5.50. Asparagus, dozen, 2.50a4.50. New potatoes, barrell, 4.50a7.00. Beans, hamper, 1.00a2.00. Beets, 100, 5.00a8.00. Cabbage, ton, 15.00a18.00. Kale, bushel, 20a30. Car- rots, bushel, 1.25a1.50. Caulifiower, crate, 2.00a2.50. Onions, 100 pounds, 3.75a4.25. Spring onions, 100, 1.25a1.50. Celery, crate, 1.50a2.50. Cucumbers, hamper, 38.50a6.00. Eggplants, crate, 8.0024.50. Lettuce, basket, 1.00a2.50. Peas, hamper, 00a2.75. Radishes, basket, 1.25a1.50. Peppers, crate, 3.00a 6.00. Rhubarb, 100, 2.00a4.00. Spinach, bushel, 50a75. Squash, crate, 2.50a 3.50. Tomatoes, crate, 3.50a6.00. Apples, packed, barrel, 3.50a7.50; bushel, 1.25a2.50. Grapefruit, box, 3.00a 3.50. Strawberries, quart, 20a30. Oranges, box, 5.50a6.75. Selling Prices at Noon. ‘Wheat—No. 1 red Winter, spot, ex- port, no quotations; No. 2 red Win- ter, spot, domestic, 1.74%; No. 2 red Winter, garlicky, domestic, 1.74%; No. 3 red Winter, no quotations. Sales—None. Corn—Cob, new, yellow, spot, 6.50a g.'rs per barrel; track yellow, No. 2, 27, Sales—None. Qats—No. 3, 54; No. 8, 52. Rye—Nearby, 1.00a1.10; No. 2 rye, spot, 1.14. Hay—Receipts, 55 tons. The limit- ed demand prevailing for hay is con- fined exclusively to the better grades of timothy, and choice light clover mixed, of wWhich sort there is no over- supply. Demands in the hay line are so limited that it takes comparatively little stock to go around, and truck receipts from nearby points are still a factor in réducing requirements at the regular hay sheds. Quotations today—No. 1 timothy, 18.00a18.50; No. 2 timothy, 16.00a16.50; No. 1 light clover, mixed, 17.00a17.50; No. 1 clover mixed, 16.50217.00; No. 2 clover, mixed, 15.00a16.00. raw—No. 1 wheat, 15.00215.50 per ton; No. 1 oat, 15.50a16.00; No. 1 straight rye, 18.50a19.00. e George Washington started selec- tive mule breeding in America in 1785 when the King of Spain pre- sented him with two jennets and a jack. Lafayette presented him with a Jjack and two jennets from the island of Malta the same year. Max W. Stoehr, || Stockhold- ers of the St. Regis Paper Co. are|/ being offered 31,600 shares of new|| D. C, TUESDAY, APRIL RELATIONS URGED Metal Trades Leaders Laud Farmers and Nation’s Manufacturers. 8pecial Dispateh to The Star. CLEVELAND, April 21.—Efforts to bring about a Detter understanding between the farmer, the industrial worker and the employer were made today at a conference of agricultural and industrial leaders here in con- Junction with the convention of the National Metal Trades Association. They agreed to adopt measures to convince the public and each other that the manufacturer was not a corpulent giant trying to squeeze dollars from everything he touched and that the farmer was not a person with hayseed in his hair. “The welfare of 10,000,000 farmers and 12,000,000 workers in industrial and manufacturing pursuits is de- pendent on continued prosperity of industry and agriculture,” said H. H. Leads of Washington, executive di- rector of the metal trades association. “I cannot conceive of one being prosperous unless the other is. Tax- atlon and foreign trade problems are better solved when farmers and manu- facturers work together.” . The fishing population of the North Sea is more than 50,000, and many of these men on the large trawlers do not see land for weeks on end. First Mortgage Notes For Sale in Any Amount Security Carefully Selected 637 INTEREST For Thirty-seven Years We Have Sold Without Loss to an Investort Wm. H. Saunders Co., Inc. | 1433 K Street N.W. Phone Main 1016-1017 We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of interest. Should you have Money to Invest —we can also take care of you. Our experience, ex- tending over a period of Thirty-Five Years —insures your protection. Percy H. Russell Co. 926 15th St. N.W. First M. ortgage 6% Bond Cuba Northern Railways Companfi First Mortgage 6% Sinking Fund Gold Bonds, due July 1, 1966. Total fixed charges year 1924 earned 207 times and an average of 193 times annually during 5 years ended June 30, 1924. Price yielding about 6.55% Circular on request The National City Company Washington—741 15th St. N.W. Telephone—Main 3176 Adequate Security A HOUSE that sells for $7,150 is security for First Mortgage Notes in a total amount not to exceed $3,500. In other words, every dollar’s worth of First Mortgage Notes you purchase from this organization is protected by two dollars in readily marketed Washington real estate. BOSS % PHELPS Established 1907 417 K Street NW Main 9300 “HOME OF HOMES” Funds Available for First Mortgage Real Estate Loans on Improved Property in the District of Columbia Applications invited, . Every courtesy extended Park Savings Bank . 14th and Kenyon Sts. N.W. o B2 21, 1925. NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President jo———jojc——— WANTED Second Trust Notes This company has funds available for the purchase of all kinds of second trust notes, secured on real estate in or close to D Prompt Service 2 Washington !nvestmentm Transactions Co. Inc. 713-15 14th St. N.W. Main 3662 G o] First Mortgage Notes— Secured hy Improved Real Estate In Washington Worth Double The Amount Of the Loan— Interest Rate Today 64%— Denominations of $100 to $5,000— Partial Payments Received— Mortgage Investment Dept. SHANNON. & LUCHY) 713 and 715 14th St. N.W. Main 2345 NY man or woman who can save $10, $20, $50 or more a month can become the owner of one or more of our strongly safeguarded First Mortgage Bonds paying 7%. The full rate of Bond Interest is allowed on every payment. 7% Ourfreebooklet, "HowtoBuildan Independent Income,” tells how you can build up a substantial competence by systematic saving in these safe 7% investments. Ask for our booklet 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. 1 Please send me your free booklet, “‘How to Build an Independent In- What You Should Know No. 5 FINANCIAL. "Money to Loan Becured by first deed of Prevalling interest Joseph I. Weller 373 FIRST MORTGAGES FOR SALE Denominations of $250, $500, $750, $1,000 and upwards 6%2% All Loans Made on Property Located In the District of Columbia JAMES F. SHEA 643 Louisiana Ave. N.W. REAL ESTATE LOANS 5 Y Oy ariRTMENT Houses BUSINESS PROPERTY RESIDENCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. BONDS STOCKS Bought—Sold—Quoted Full New York and Berlin Market Received Dail Bend for Special Market Letter Peter Whitney 203 Investment Bldg. Telephone Franklin 3978 ' MONEY TO LOAN ON FIRST MORTGAGES AT CURRENT RATES OF INTEREST Economy _is, if anything, more impor- tant in settling the small es- tate than in adminstering an extensive one. {To have a corporate trustee, such as this company. act, costs no more than will the services of an individual, for the fees are fixed law; moreover, inexperience, which i8 a cost-creating factor, is eliminated. & No obligation follows con- ference with our Trust Officer on these matters. National Savings & Trust Co. Oldest Savings Depository in Washington Year Cor. 15th and New York Ave. Main 2100 sirable safety, good yield and freedom from care. B. F. SAUL CO. FIRST MORTGAGES In every instance, before a First Mortgage is purchased with our own funds and then recommended for your investment, there has been a thorough investigation of title, value of the property, and all other matters essential to the safety of your invest- ment. We handle all the details for you, thus assuring you an in- vestment with the highly de- features of perfect 925 15th St. N.W. How Shall T Choose My Executor ? Upon making your Will you will fully realize what discretion and fidelity the ad- ministration of your estate will require. The choice of an agent who possesses this and one who will live and stay with the estate until the end is necessary. The American Security and Trust Company has had over thirty-five years’ experience in the successful management of estate matters. SECURIT /&MERI[’ 's T COMP. 15th and Penna. Ave. Capital, Surplus and Undivided Profits Central—Tth and Masa. Ave. N.W. Northeast—Sth and H Sta. N.E. Over $6,000,000 BRANCHES Southwest—7th and E Sts. Northwest—1140 15tk St. Total Resources Over Thirty-Five Million