Evening Star Newspaper, May 5, 1925, Page 29

FINANCIAL, NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERN NEW YORK, —Public utili- ties were the center of interest on| st the curb exch today. disregarded | Commonweaith Power 8 when it | sold at 125 The pool in Maxwell Motors on the ock BExchange got busy again, and Traders | their operations sympathetically af- tected Chrysler, causing an advance »|of 4 points to 80. It was evident also that a good deal ot short covering| Althousi| was going on in the stock. in view | Victor Talking Machine, which had run- | broken badly a week ago, also felt the effect of short covering, and a | rally of 4 points took place. | it was another day of | slowly advancing prices, the demand {centering upon the popular standard )| issues of the type of Tndiana, Vacuum, 1| Humble and Standard of New York. of retu on this clasa o ‘sec urity and had eve only to the future. dividends are unusually low, of selling prices, earnings are ning at a high rate. There other spectacular rise in th vriced National Power and Ligh®, rving it across the 300 level for « gain of more than 10 points. lina Power rose 15 to 370, Tower advanced more than ates P C..110% 100 1101 R T Sta PC war 11 NEW YORK, May &.—Following s an official list of bonds and s s | traded in on the New York Curb| Market today: Sales in BONDS N Ris 1 5 Allied 1 Alum_ 7 60 Am 3 PP PGS G R OE s SR g S & T Southeast B e 8 of »u Cal P 1 Spear & 3 Stand TR P <8242 5EEE 2D 1o S 00 Ariz_Glob Cop 30 Big Ledes 15 Canario Copper. 7148101 % 2101 Co 30 Gold 80 Harmill Div 40 Hawthorne M In 2 Hollinger 3 Hecla. Miné sdn vt S Cont'l ¥ Gold tah Apex Wenden Cop + BUTTER HIGHER TODAY. Mills 'l‘xfi us ., May 5.—Butter, higher; r 40; standards, 401 FOREIGN BONDS. 301ty Bogota 8¢ [extra firsts, 3813239; firsts, 37a38; sec' | E higher; receipts, | 8a 281 ordinary | storage-packed e: TREASURY CERTIFiCATES tin STOCKS EX DIVIDEND. Corporation. Amer. Smell. & Ref, pfd. com & Pitts. gtd... special gtd Ma May 9— FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibbs & Co.) Nominal Selling checks gold value. _today. 18065 84 55 % es INDEPENDENT OIL 3 hundreds 1 Allen Oil 64 Am Maracaibo Co 8 Ark Nat Gas 1] Carip Syn.. London. pound Hrane rachma Madrid. peseta | Yienna, crown Budapest. crown Prague. crown Wareaw, rloty. Copenhagen, crown Christiania, crown. Stockholm. crown 70 Latin "Amer oil® . Tivineston Pet A Word to Speculators, utable broker who holds membership| in @ recognized stock exchange. Ex-| change requirements, in themselves, are some protection, as its members| must comply with business ethics as| pen: et U 4 % | provided by rules and regulations. 7 Wilcox 0 & G.. E 5 8 1" a member violates these rules, he INDUSTRIALS hazards his membership, which 1isf usually his greatest asset. i EE s aeriect | The Britannia trophy for the best | flight of 1924 has been awarded Wing | Commander Goble and Flight Lieuten- ant Mclntyre of England, who flew und the Australian continent in 90 ©5 Am Pow & 1 o TAm Pow & L'ptd 881 m Superpow A 63 Am Superpow 81 Bord & C 1 Sorany’ Con M A o e RESIDENCE LOANS AT LOW RATES FRED T. NESBIT Hil INVESTMENT BLDG. Main 9392 | FIRST MORTGAGES FOR SALE Denominations of $250, $500, $759, $1.000 and upwards If you must speculats, select a rep-| | THE EVENING STAR, WASHINGTON, DAIRY PRODUCTS. BALTIMORE, Md., May 5 (Spe- cial).—Live poultry—Young chickens, pound, 35a38; rough, poor, stags, 25a 27; Winter chickens, 45a50; springers, 50a60; leghorns, 40a32; old hens, 25a leghorns, 24a26; old roosters, 18;| ducks, 18a25; pigeons, pair, 35a50; guinea fowl, each, 50a1.00. Eggs—Receipts, 814 cases; native and nearby, firsts, dozen, oftered at 28, Fn'st Trust Notes $3,500.00, Three (3) Years, 6% % interest: six rooms and bath: brick: in central location Northeast. $3,150.00. Three (3) Years. 3 % interést; elxht rooms bath: Drieics hear Bih and New Fork "Ave: nue Northwest. JOHN H. WRIGHT 1116 Vermont Avenue N.W. prints, 47a49; ladles, Main 9407 ed, 24; dairy print process butter, 32; The Element of Safety MEN and women who have money to in- vest invariably ask one question be- fore all others: “Is there any risk of loss?” First Mortgage Notes issued by the HOME OF HOMES are protected by the safest and most indestructible security known—i.e., selected residential property of a conserva- tive valuation at least twice the total amount of the Notes which it secures. BOSS b PHELPS Establiched 1907 w7 K Street NW Main 9300 HOME OF HOMES MONEY TO LOAN FIRST MORTGAGES AT CURRENT RATES OF INTEREST ON Roncdett H Hognan ¥ 1321 Connecticut uonue YEAR AFTER YEAR SINCE 1892 both the principal and interest of our Ower a FIRST MORTGAGES Quarter of a . : have been paid when due. entur e = : In.amounts of $250 and mul- Without A tiples. a Loss B. F. SAUL CO. Main 2100 925 15th St. N.W. Money to Loan Secured by first deed of trust on real estate Prevailing interest and commission & Trust F N.W. FEDERAI. AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President D. C, TUESDAY, MAY 5, 1925. FOR SALE 61% First Mortgage Notes Secured on centrally lo- cated business property. 1409 L Street Northwest Main 4884 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. l Percy H. Russell Co. 926 lSth St. NW. Eighty-eight different Bond Issues to choose from—our May circular. Send for your copy The National City Company Washington—741 15th St. N.W. Telephone—Main 3176 Dependable 7's WHY worry over the uncer- tainties of fluctuating se- curities when Smith Bonds will pay you a definite income of 7%? Behind these strongly secured First Mortgage Bonds is our re- cord of no loss to any investor in 52 years. A definite system of safcguards assures prompt payment of principal and in- terest. Our booklet, “Fifty-two years of Proven Safety.” gives fuil details about these time-tested securi- ties. Mail the coupon now. The F. H. Smith Co. Founded 1873 Ne Loss to Amy Investor in 32 Years Smith Building, 815 Fifteenth St. THE F. H. SMITH COMPANY Smith Eunldrnl. Washington, D. C. Please send me a copy of your new booklet "thy two Years of Proven Safety.” Name . Address Invest Your May Funds where you will be free from worry Those who cannot afford to lose any part of their principal, or who have neither the time nor skill for watching their invest- ments should investigate at once our carefully se- lected 6%2% First Mortgages They will find them lutely safe in_every backed by improved real estate in this city worth double the entire first trust. You may invest sums of $100 up, at a return of 63 per cent. In- terest begins at once. Write for our mew it's FREE! Mortgage Investment Dept. abso- respect— booklet— 30 Con' Gas Bal new 30 Contin Bak A...1 174 Contin Bak B 8 Contin Bak ptd 6v2% Loans Made on Propecty Located in tie District of Columkia JAMES F. SHEA 643 Louisiana Ave. N.' fo———[n]—1] WANTED Second Trust Notes This company has funds avaiiable for the purchase of all kinds of second trust notes, secured on real estate in or close to e Prompt Service A Washington [nvestmenty and Il Transactions Co. % | Inc. 713-15 14th St. NW. Main 3662 [o———g|c————x| Making it Easy to Analyze Real Estate Bonds AVE you ever had the feeling that H firstmortgage real estate bonds are difficult to analyze? That they present such similarity that there seems little to base a choice on? Here are the Four Distinguishing Marks of Miller Bonds: 1. Independent Appraisals: Local authorities, in signed appraisals,give youtheir estimates of physical value and earnings of the mortgaged property. 2. Bank Certification: A local bank certifies on each bord that the bank or its attor- ney has examined the bond and the deed of trust. 3. Moderate-sized Loans: Our policy is to finance nurnerous properties of moderate size, easily managed and widely scattered, rather than a few large properties in a restricted territory. 4. Full Interest: Every Miller Bond pays the investor the full rate of interest prevailing in any section of the country, without deduction. Send today for circular describing a Miller 7% Bond issue and apply to it the same tests you ‘wouldapply toarailroad, utility orindustrialissue. Ask for folder B-7220. G'L.MILLER &'CO. 308 Phillips Bldg.—Local Address Washington, D. C. WO . INVESTOR EVER-LOST-A-DOLLAR 1IN MILLER s BONDS [SHANNON & LUCHS) 713 and 715 14th St. N.W. Main 2345 No. FINANCIAL. WANTED Manager for Insurance Dept. We desire the services of a thoroughly experienced insurance man as manager for our insurance department. The man we want must be of sufficient experience, intelligence, education and personality to successfully carry on a now well organized departiment handling Fire and “Casualty Insurance, as well as Surety and Fidelity Bonds. He must be a productive executive. Your replies will be held confidential Address Box 313-S, Star Office Capi and Surplus, $2,000,000.00 So Much Peace of Mind —results from trusting your important papers and other valuables to the safety of our vault, and such little cost is in- volved, that it’s hard to figure out why every one does not have a SAFE DEPOSIT BOX. Have you? 1 Ask to see our vault facilities. e of Interest Pald on ge and small—deposits ny amount National Savings & Trust Co. 58th Year £ Same Aecounts invited in Oldest Savings Depository in Washington Cor. 15th and New York Ave. | Em@mmmmmmmmmmmm RRRER AR 1 What | You Should | Know What [s a Trust Comp&ny? It is an incorporated, responsible institution and organized ior the pur- pose of administering the property of the deceased and caring for the property of the living. In the District of Colum- bia a Trust Company is chartered under a Special Act of Congress. § The American Security acts in every fiduciary capacity with integrity and foresight. AND TRUST COMP. Capital, 2 Central—7th and Mass. Ave. NW. Northeast—8th and H Sts. N % Total Resources Owver § AMERIGAN SECURIT E 15th and Penna. Ave. Surplus and Undivided Profits Ozer $6,000.000 BRANCHES: Southwest—7th and E Sts. S.W. Northwest—1140 15th St. N.W. Thirty-Five Million e DRI IR e R I R N R R I N R TRl S R NRlRlR R Rl RN A Rl ) Rl IR May 5, 1925 Dodge Brothers, Inc. PREFERENCE STOCK (NO PAR VALUE) Cumulative Dividends $7 Per Share Per Annum Application will be made immediately to list on the New York Stock Exchange 1. The business of Dodge Brothers, Inc. has never had an unprofitable year. 2. The Company is the third largest manufacturer of automobiles in the world. 3. Net eamings for the year ended December 31, 1924, after making allowance for interest on the 6%, Debentures of the present company and Federal Income Taxes at the present rate, were more than 214 times annual dividend requirements on this Preference Stock. For the quarter ended March 31, 1925, such earnings were at the annual rate of over $21 per share on the Preference Stock. 4. The value of the Common Stock at the present market indicates an equity for the Preference Stock of approximately $50,000,000. Washington Representatives: LEON SHORE We recommend this stock for investment Price at the market, now about $75 per share ELMER F. SAUTER Room 300-301 Edmonds Building Telephone Main 683-4-5-9-709 i To yield over 9.25% Dillon, Read & Co. The statem=nts herein have been accepted by us as accurate but are in no event to be construed as representations by us.