Evening Star Newspaper, May 21, 1925, Page 31

t \ FIN BUTTER IS LOWER AT GENTER MARKET Further Cuts Likely Soon. Live Poultry Up—Beef Prices Unchanged. Butter prices have declined the Past few davs. vesterday's quotations showing a further drop of 1 cent. It s generally believed that additional decreases will come in the next week or two. Fancy tub stock was quoted at 51, while prints were 52. Store packed, as country butter is termed, sold at 22, the price that has prevailed the past few weeks. The egg market was reported this morning as being very firm, prices auoted running as high as 33 for se lected, candled st nd 32 for aver age receipts. Average receipts were quoted at a cent higher than the Philadelphia market. Market reports however, had prices the same as those quoted the past few day for fanc: stock and 30 and 301 for average re celipts Wholesale Prices. Butter—Fancy, tub, prints, store packed. 2 51 52 candled, average receipts 3 v—Alive, broilers, 45a4s: white f : me dlum fow T eese 15a18; du Dressed ducks, Live stock—Calves, choice, dium, 10a11; lean, 8a9. Lambs, 16a18. Live hozs. 13al3's ats—Beef, 17418; veal hogs, 21'2a22: loins 7a30; shoulders, 19a20 Fruit and Vegetable Review. Today’s market report on fruits and vegetables (compiled by the Market News Service, Bureau of Agricultural Economics) said Cabbage—Supplies liberal: demand moderate, market slightly weaker:; Vir ginia, Norfolk section, pointed type barrel crates, mostly 2.23; one and one-half bushel hampers, 1.25a1.40 Cucumbers—sSupplies moderate; de mand good for good stock, market steady; Florida, seven-eighth bushel and square bushel crates. No. 1, best, fair quality, 3.00; No. keats, 40 turkeys 11: me Spring, 15; Spring 2u34 moderate; demand steady Tce —Supplies moderate, market central district, four-five dozen, ); some fair condi tion, 3.00; homegrown practically sup piving the market for Big Boston type Onions Are Cheaper. Onions—Supplies limited: _demand moderate, market slightl eaker: new stock, Texas, standard crates, vellow Bermudas, commercial pack, mixed No. 1 and 3.50a3. old stock Sgypt, approximately 1001b sacks, 6.50. Potatoes—Old stock; supplies liberal; demand moderate, market fairly steady; New York, 150-Ib. sacks round whites, U. 8. No. 1, 0; new stock: supplies moderate: demand moderate, market steady: Florida, double-head barrels Spaulding Rose, U. 8. No. 1, 6.75a7.00, most South Carolina, cloth-top rels Irish Cobblers U. S. No. 1. n|0>$l‘ 6.00; some medium size, low as 5.50 Strawberries—Supplies moderate; de mand limited, market steady; North -quart crates, various va- 0025.00; mostly 4.00a4.50; Vi inia. Norfolk section, 32 und 60 quart crates, various varicties, best, 15a17%%; air quality, 1214; few poor quality and condition, 8a10. Tomatoes Come Down. Tomatoes—Supplies moderate; de- mand moderate, market slightly weak- er; Florida, sixes, ripes and turning, ‘wrapped originals, fancy count, 3.7 * 4.00; cholce count, 2.75a3.00; few high- er; ‘ordinary quality and condition, fancy and choice count, 2.00a3.00. String Beans—Supplies light; de. mand good for good stock, market steady; South Carolina. bushel hamp- ers, green, best, fair quality, “s-bushel hampers, green, 3. Peppers—Supplies light: good stock scarce; demand _slo: Florida, s—Supplies heavy; demand for good stock, market slightly or; Virginia, Norfolk s hampers, large pod v mostly 3.00; some fair quality small pod varie What Experts Buy. Trained investors always buy se- curities that have a substantial loan value. One of the surest methods of determining the value of any stock is to seek a loan on it. If your banker declines to consider it as collateral you can rest assured its marketability does not amount to much. g R FIRST DIVIDEND VOTED. NEW YORK, May 1 (®.—Direc- tors of the Public Service Corporation, recently organized as holding company for the Jersey Cen tral Power and Light Co., the Tide- water Power Co., the Florida Power Corporation and other public utility enterprises, today inaugurated divi dends on the cliss A stock at annual rate of $1.60 u share by olaring quarterly payment of cents RAW SUGAR ADVANCES. NEW YORK. May 21 (P.—A steadler tone developed in the raw sugar market today, with spot prices advancing 1-32 of a cent to the basis of 4.30, duty paid ales included 5,000 bags of Cuban and 37,000 bags of Porto Rican. GERMAN BONDS AND STOCKS. . (Quoted in dollars per million marks.) Gt (w In) bs 1914-18 mhurg 41%e 1910 Gt 4-Bs (forced loan uoted in dollars ver thousan Gen Elec 4145 pre-w Ger Gen Elec 419 1016 Berlin 48 pre-war Ham 3s, 3138 & 48 pre-w Hamburg Amer. North German L North Germ: Pruseian Conso Krupp 58 1921 Dusseldor! 45 pre-war Frankfort a-M 4 pre-war ' 48 pre-war. Anilin £ G (Ger Ge Fiec Commerz and Privat Disconto Dresdner Bank Deutsche Bank Darmstaedter Bank Mercur Bank Vienna DIVIDENDS Period. Asked. | G 1350.00 0 11.00 o0 00 11.00 14.00 0.00 5.00 100 10°00 19.50 Bk Gellschaft Corp Ang-Am Oil Bup Add'® Meh' Cup Am Sugar. of chew 8% B B! Do pf. . 54 Com_solv (A ook Vi BRI sh Hud: Mot Car . Q Itern1 Sait. N relephone Nat Tran Co. . Rate. Parab q q s June 30 June 15 : .‘\fl; 1 June 30 June 20 June 20 June 19 tifornia. | type. | dull; | the | 10 | ANCIAL BY WILLIAM F. HEFFERNAN. NEW YORK, May 21.—What ap- peared to have most effect upon trad- ing sentiment today was the expec- tation of a general advance in crude ofl prices. This has been encouraged by the re nt 10-cent-a-barrel in- crease in Smackover crude and Wed- nesday's 25-cent-a-barrel rise in Penn- sylvania quotations. Oils were heavily bought at the out- set_and prices carrled substantially above the prevalling quotations at Wednesday's close. = But the high NEW YORK, May 21.—Following is an official list of bonds and stotks traded in on the New York Curb Market today: Sales BONDS. thousands. 4'Alliad Pk 6x . 1 Allied Pk 8s 7 Alum 7s new 6 Am Gas & EI 6% Am I ) Am Pow & Lt 65 50 Am P & L s new 70 Am Suma ' m Roll 1 5 vnu~.,|'.<|. 1 i 1 25 Cudahy 3 Deern :l_l Pet Hew rrunk 8145 1083 DR A Hood Ruhber 7s. . 104 Int Pap ¢ 261 Lehigh Pow Morris & H cw Or Puh Penn P & L 3b e 1 Phila El 5 Phila Rapid Tr ¢ £ Pure OIl Co Aiss 13 Shawsheen 7s 40 LA 5 Sun O 5 1ss s 8o, T Rub 6 Rub & Ruh Y PO 106 9113 Vacuum Ol 7. 2 Webst Mills 6155 | FOREIGN BONDS: 106 a1 0415 08 French Nat 7s.. 21Ind M Bk Finl 7s Italian Pow 6 ln Krllvg Fried I 3 Mo B Denmic 55 1 Muni Medellin Sa. 1R of Peru & 1 Russ Govt Bl 12 Buss Govt B4 5 Russ G 61 B Swiss Govt Bize 1Swiss Govt b 15 Toho EI Pow C 78 00% 90% les STANDARD OIL ISSUES units 1000 Anglo Am Oil. 100 Atl" Lobos 7 100 Ati Lobos pfd 10 Borne Scrymser 100 Buckese P L 20 Cumberland Eureks P 1L 25 Gal 12430 Hambls Ol & K. 501l P L. 16300 Imp O nx Can n. 10700 Inter. Pet & i 800 Magnolia Pet 100 Nat Transit . 150 N Y. Transit 10 Northern P L. 1000 Ohio Ol . 100 Penn Mex ' Fiel 300 Prairie 0&G new 10 Prairie. P L.... 1 30 Solar Refin . 37 01l 10 W 713 b 55 651% 14 2714 131 15; Washington Stock Exchange Potomae Elec. 5s—$2,000 at 100, | 5,000 at 100 ‘Washington | $400 at 10! Capital Traction ¢ 10 at 10 at 95%. 20 at 95%, 10 at at 951 k- National Mtge. & Invest. pfd.—50 at 9%. AFTER CALL. Washington Rwy. & Elec. 4s—$1,000 at & Elec. pld—10 at Gas —$100 at 102, Washington Rwy. 83%. Money—Call loans, 5 and 6 per ceat. Bid and Asked Prices. BONDS. PUBLIC UTILITY. & Telga. 4s & Telga 4 &' Tel. ctl. & Tel. conv & Potoma: 5%, Ana. & Potomac gua C. & P. Telephone Bs. { . & P Telephone of Capital Traction R, City & Suburban 5s. Georzetown Gas 18t b c. 18t Bs.. Amer. Tel Amer, Tel Am. Tel Am_ Tel. Ancost | Potomace | Potomac [ e & Washington Gas 68 Ry Ruy Wash. | Wash & Elec | Pot. 3 | Ri | Re S 55 (short).. fern Bidg. 6128 h. Mkt, Cold Storage rdman Park Hotel Gs. STOCKS. PUBLIC UTILITY American, Tel, & Telga...... 1 Capital Trac : i ashington < & Wasl | capital National.... Columbia s Commercial District . mers & Moc Second . i1 Bank of TRUST COMPANY. Avicrican Sesarity & Trust... | Continen Bz:\\\l(-‘ Merchants : National Saviags & Prust. on Trus aoh. Toan & Trust.. SAVINGS BAN United Son Mecianics .. FIRE INSURANCE, National TITLE INSURANCE. Columbia Title o Extate Titie.. | MISCELLANEOU: D. C. Paper pfd.. Me:rchants' Trans. ergenthaler Linotype. atl. Mtge. & Invest. p Old Dutch Mkt. com. Old Dutch Market pid. Lanston Monotype.. Securiy Storage. Washington Marl Yellow Cab.. *Ex dividend. oo | ' $922,000. THE EVENING STAR, WASHINGTON, NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office prices attracted profit-taking in the late afternoon, and a good part of the improvement was lost. Crown Central Petroleum common stock of no par value was admitted to trading in the afternoon, first sales taking place at 12 and 1214, as against 12, the public subscription pric Profit-taking made its appearance in the public utilities, but a number continued to be bought at improved prices. Commonwealth Power and Northern Ontario Power were favor- ites, while Tennessee Electric Power continued in demand. 940 South 0 Southern 12500 S O Ind 5000 S O Kans 10008 © Penn Oil P 180 Sales INDEPENDENT OIL STOCKS in herds. Theon Ol Gorvy 19 Gulf Oil of Pa 48 Lago Pet 1 Livingston ‘Pet 2 Marland 0 Mex O] 5 Mount Prod R New Brad 000 : New MexLand Y oil T Peer o Cor © 1. 27 Pennok Oil Cor 35 Reiter Foster Oil 1 Red Bank Oil 7 Royal Can O & R Ryan Con Salt Ck Conx 45 Salt Cik Prod 33 Unit_Cent O ezuelan Pe! : x Ol & G. 3 Woodley Pet INDUSTRIALS Rayon Prod. Superpow A uperpow B 1 Am Super pr pt 10 Am Thread C pfd '3 Appalac P & I 1 Ariz Pow & L 4 Arm & C B vi. s Armour & Co pi \ Armour Lea pfd 31 Ax Gas & Elec 11 Awsd D 5 nw wi # AU Fruit 2 Bord & C rix B Schwartz A wi 3 Brideeport. Mach 0 Brit-Am Tob o 1 Brazil Trac Lid 1 Brookiyn # Buffalo ( Burr Ad i ; hatterton & Son hrysier Mot Wi, Cleveland Auto. . Commonwi P ¢ Commonwl PC i 5 Commonw PC wr Coneol G Balt nw Continent Bak A Continent Bak B Contl Bak pfd Contl Tob Inc CE S #, 1 Dunhill_Tntl 14 Durant Mot 4+ Duz_Co A Bond_& Sh pf B & Sh new ¢ Inevts Ine. El R Secur Co.. Elee ‘Auto Lite . reka Vacy C d Metaly T.. Ford Mot Canada 4 Frank HH Mf C ) Erank HH C pf. e Diaian 2o 2R 2EEEREEERS 25 s Do 235558355 5 Gillette S R. Ga L Pow & 1 Glen ‘Alden Coal 0 Goodyear Tire T. 7 Grennan Bak . iGrimes R & C R 4 Happiness C St A 4 Hazeltine Corp. 4 Heyden Chem Hercules Pow pf.. 1 Horn & Hardar. Yoy Kevsto Nolether Kraft Cheese SRR & Nor Sta PC war. 25 Nor ont L & b 3 Omni ¢ Vi tr of. 1 Gppenheim & Coi 33 Pathe Ex Inc A- i Penn wat P Co. 1 N C ptd orp ‘i SARSFREE 3 ac . 2Puz Sound P&L Purity Bak A 1 Purity Bak B! 2 Reid Tor Cream’ 1°C ptd. Noisl TC o Mot . 21 Rova Rad .. 6Silca G P n v TServ EI Corp A 4 Sleep Rad vie 8080 C & T pew 14 Southeast P & 13 Sou Cal E... *¢ Sou Cal Ed B pt St Regis Paper.. i Stutz Motor .. .. 11 Swift Intl 18wift & Co 11 Tenn Elec Pow. 1 Tenn E P 2nd pf 3 Thermoid Rad C. 2 Thomp RC v t ¢ 1Tob Prod Export 1 Tower Mfg ... 14 Union Carhide 30 Uni Light & P A 22 United Profit Sh. 13 Uil Pow & Lt & TS Lt & H “ 7 WA 17 Vit Tatk e Wyie e e Wilson A new wi MINT 5 Canario _ Copper. Chino Ext Mines 1 Cons Cap Mine: esson Gold . 5 Dolores Esper 16 Eng Gld M_Ltd | 60 Forty-nine M . 30 Goldfid Cons 10 Gold State .. . 50 Hawthorne M T 50 Hill Top Nevada 2 Hollinger . 1 Hecla Mine 2 Howe S nw Vi 83 Kay 00‘ per Cor.. al . cKin_Dar J Zine 1 Nipissing 6 Qhio Co 10 Parmac o Wi WEEE i Sar * s FEEE IR B RS paRS B, 20 o 190 Spearbiead Goid . Teck Hughes % Tono Exten % Tono M * oD BEE: CLEVELAND, May 21.—Eaton Axle and Spring Co. sales in the last month totaled $708,408, and business this month is expected to run about Reports from practically all makers of automobile and truck parts here are favorable, BIG HARBOR NEAR CHICAGO PLANNED Docks for 125 Steamers on Lake Calumet Will Supply Huge Terminal. BY J. C. ROYLE. Disputch to The Star W YORK, May 21.—Plans in the Chicago district for improved transportation facilities by both rail and water, which will affect pro- ducers, shippers und distributors in every section of the Natlon, now seem assured of consummation. The Chicago city council has taken fa- vorable action on the proposal of the Van Sweringen interests as rep- resented by the Nickel Plate Rail- road for construction of a great har- bor in Lake Calumet. While the ac- tion of the Chicago city fathers has been temporarily held up by u tech- nicality, there is little doubt that the plan tinally will be accepted, accord- | |Ing to dispatches recelved by rail- |ro4d and steamship men here today. Huge Inland Herbor Planned. The project as outlined would give Chicago one of the main distribution centers of the country, the largest inland harbor in the world transform what is now swampy body of water into minal for the handling of huge vol- umes of Anferican products. Advo- cates of the plan assert that eventu- | ally it will mean the establishment of ‘a $100,000,000 manufucturing dis- trict _on ‘the outskirts of Chicago. | {The Nickel Plate road has promised to start dredging operutions as soon as the plan {s formally sanctioned Work Already Begun. In return for dredging the swamp and a 6-mile channel 200 feet wide to connect Lake Michigan, the road seeks to acquire title to right of way “Tor a belt Iroad in the new dis- trict and 200 acres of land reclaimed from the swamp. The dredging op- erations would cost $600,000 and re- quire about a year for completion. Calumet River now connects Calumet Lake with the waters of Michigan, and the Federal Government already has dredged an area at the head of the former lake large enough to per- mit the turning of 500-foot lake! steamers Docks for 125 Steamers, The whole development of the Cal- | lumet district has been planned for | almost 15 years, and a decade ago engineers had formulated plans for the harbor, which eventually will {have 15 miles of docks and facilitles | to care for 1 of the largest lake steamers at time. The industrial! development of the district has been given impetus by the increased vol- ume of traffic centering in Chicago and the rise in land values which have made ‘manufacturing plants nearer the center of the city uneco- nomical. Rights Already Adjusted. The Nickel Plate has been influ enced to tuke over its end of the de- velopment by the value seen in run- ning its tracks around the lake and | acting as junction carrier between | the plants and wharves there and the 23 rallroads entering the Chicag district. The courts recently have |settled title to the properties in- volved and adjusted the question of riparian rights. SPINNING ACTIVITY NOW ON INGREASE Census Report Shows Much Better Mill Conditions Than Pre- vailed Last Year. i | By the Associated Prees. | @otton spinning activity increased | {slightly in April, as compared with | | March this year, and wax much more marked than in April a ve; the | Census Bureau’s monthly report today | showed. Spinning activity reached 1100 per cent of single shift basis ca pacity for the first time since June, 1923 Active spindle hours for April to- aled 8518.142.398. or an average of 5 per spindle place, compared with 8599.440.i13, or an average of 227, for March this year, and 6,7 711,381, or an average of 179, April last year. FUR PRICES CHANGE. and Silver in for Opossum Fox Higher Than in Winter. Special Dispatch to The Star. SW YORK, May 21.—The New York Auction Co. announces the fol- {lowing comparison of prices realized | vesterday as compared with the Feb- ruary sale American opossum, 15 per | higher; gray fox. no change: fisher, 15 per cent lower; silver fox, 10 per cent higher. Arel BUTTER HIGHER TODAY. CHICAGO, Ma Butter higher; creamery extr: %; stand- | ards, 401;; extra firsts, 39a3914; firsts, 37a3%; seconds, 32a36. * Eggs_higher: receipts. firsts, 30%2a31; ordinary : storage pack extras, 32%; firsts, 321 7% Now 'OU don't have to wait until your savings reach $100, $500 or $1,000 before realizing the full carning power of yeut money. Our Investment Savings Plan en- ables you to get 7% on savings of $10 or more ‘ev:dmm‘edm;; :h“: ven enct md of :{ou to any invester in 52 years. Send today for our booklet, “How to Build an Independent Income.” It how every payment on a $100, $500 or $1,000 Smith Bond earns the full rate of bond interest. The F. H. Smith Co. Founded 1873 Ne Less to Any Investor in 52 Yaars Smith Building, 815 Fifteenth St. THE ¥. H. SMITH COMPANY (1, Smith Building, Washington, D. C 'SOFT COAL MARKET TURNS VERY WEAK | cent i D. C., THURSDAY, MAY 21, 1925. COTTON ADVANCES SOON AFTER OPENING Growing Scarcity of Cotton Sends Prices Higher, Especially on July Contracts. By the Associated Pre NEW YORK, May market opened steady today at un- changed prices to a decline of 9 points owing to relatively lower Liverpool cubles and realizing by some of vesterday's buyers. Renewal of covering by near months shorts, however, strengthened prices almost immediately, July advancing to 23.28, or 22 points net higher. New crop months were held back by a favorable view of the early weather news, and October worked up to 22.56, or 11 points net higher, in _sympathy with the old crop strength. and the market held fairly steady in early trading. Part of the early buying was be. lieved to be encourarmed by reports of a slightly more active demand for K:'U(l'lll goods. New York steady at net ded 21.—The cotton futures closed ines of 27 to 38 January ¥ 15 nom duly 79-80 Qetober December Opening Jan) July ober 1 Octobey M‘v\ Orleans Quotations. NEW ORLEA May —While the cotton market opened slightly easfer owing to Liverpool coming in lower than due, prices soon stiffened, owing to the renewal of near month covering by shorts who fear that, owing to the shrinkage in the certl ficated stocks and the growing scar- city of cotton in the interior, the actual will be freely demanded on July contrac Virsi trades showed | losses of 5 to 7 points, but right after the call advanced rapi to . or 35 points above the previous | close. October. at the same time, | advanced to 22.20. or 16 points ne higher. The premium of July over| October widened this morning to 136 points. New Orleans cotton {uture at net declines of 7 18 Mas December, closed steady Januars PR | Special Dispateh to The Star NEW YORK. M 1 reports the market today follows: | Patience is the badge of the coal | producer these days, and he needs it for even the least favorable develop ment seems to last only long enough to engender hope that a turn for the better is at hund, when business eases back Into the old rut The Midwest- ern markets are unusually quiet, Bast- ern non-union coals having gotten a hold that threatens to be lasting. A erumb of encouragement is seen, how ever, in some orders by malil. General business conditions are improving, too. Though little change has taken place in the situation in Kentucky, business is as good as at this time last ceur and the outlook is considered brighter. Less labor unrest in that | field and wages at the 1917 level lnf most mines enable the operators to| compete with Northern tields despite | treight differentials. i The anthracite market retains most | of its recent brisk aspect. Line com panies are well booked with orders and independent output is moving well. Bituminous coal output way slightly higher in the week ended May 9, totai- ing 8,281,000 net tons, according to the Geological Survey CLOTH MARKET ACTIVE. NEW YORK, May 21 (Special).— Cotton goods markets were active again today, with prices pretty gen- erally sustained. Print cloth quo- tations were 93 cents for 64 by 6s and 10% for 68 by 72x, the latter a Coul Age | FIRST MORTGAGES FOR SALE Deaominations of $250, $500, $750, $1,000 and upwards 6Y2% All Lesns Made on Preperty Lecated fn the District of Columlia JAMES F. SHEA 643 Louisiana Ave. N.W. ;dik&w S22 2 AVE R m;& Applications Invited for First Trust Loans amount. Secured on improved property the District or outlying sections. In an Lowest Rates Quick Service Stone and Fairfax 1342 New York Ave. Main 2424 First and Second Trust Real Estate Notes secured on in- come-producing real estate in Washington, D. C. Construction Loans Made Real Estate Mortgage & Guaranty Corporation 26 Jackson Place NW. Resources Over $2.000,000 L. E. BREUNINGER President =0 —=0 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.C. o} Prompt Service E‘Washmgton lmmstmenl‘:i Tra.nsacbons Co. 713-15 14th St. N.W. Main 3862 [o——[o]c——Ha| Money to Loan Secured by first dee! of trust on real estate | Prevailing interest and commission | | { | decline of an eighth. Raw silks were in fair demand at un DIVIDENDS DECLARED. NEW YORK, May 7 umet & Arizona Mining Co. declared its quarterly dividend of cents a share out of earnings and cents from Cal- has | 50 | 0| reserve for depreciation and depletion, pavable June 22 to stock of record June 15. Quarterly dividends of 50 cents a share have| been paid since 1924. Quick, Courteous Action Money to Loan on lat, %nd and 3rd Trusts Money Advanced for ment of Taxes Money ned for Indi' ul and Corporate Financing District Loan Procurement Company 219-223 Kellogg Bldg., 1422 F St. N.W. Tel. Main 8070 LOANS 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. hanged figures. | = Bids.. 9th & ¥ N.W. | Joseph I. Weller 420 Wash. L. & Traas | 7 Secrets of the Popularity of Our First mortgage Notes Maximwn safety and high re- turns are not the only reasons why thousands prefer these first mortgage real estate notes to anything the investment market affords. Many conditions that make for safety, stability and high yield exist here that are found in no other city in the world. How, by methodical saving of small sums, whether his small, can realize 6% on thesc carefully securities is explained in our new Free Book —"Safety Supreme.” monthly ans one, income is | selected A copy of this valuable book- let is yours for the asking, and you will be under no obligation. Do It Today Mortgage Investment Dept. HANNON 713 and 715 14th St. 926 15th St. N.W. 3% Paid on Savings Accounts OLDEST NATIONAL BANK In the District of Columbia National Metropolitan Bank lS!Ix St., Opposite U. S. Tre-sury—lll Years Old Main 2345 1925 ‘;;i ! All Trust Duties Performed i FINANCIAL. IR l SO i RANDALL H. HAGNER & COMPANY ‘lE“hF\TII\LFn IILOTTPE €O. Brook! May 10, 1825 BiviDy A regutar guartenls dividend of . on the capital stock of Mr.‘r(enth Linotype Compai I be paid on June 30 05 Y the sto AT record as they At e clos sincss on June Tue transter books will not. be T. MACKE REAL ESTATE LOANS APARTM BUSINESS PROPERTY RESIDENCE LOANS AT LOW RATES FRED T. NESBIT NVESTMENT BLDG. Main 9392 FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, Presiden J0s Treasurer HOME OWNERS Can Secure LOANS Up to $500 In THREE DAY Fidelity Guaranty Ce. PHILLIPS BUI B FTEENTI NT. N.W FOR INVESTORS MORTGAGE NOTES IN CONVENIENT DENOMINATIONS ON IMPROVED PROPERTY in DISTRICT &# COLUMBIA H. L. RUST COMPANY 912 15th Street Main 6888 The New York Life Insurance Company § Offers to Make First Mortgage Loans - on Improved Real Estate 707 0 /0 LI In 4 District of Columbia and Suburbs for 3, 5 or 10 Year Periods Houses Business Properties S%%% ON APPROVED SECURITY Apply Apartments Office Buildings (O n ) dorRTGAGE Loay GORRESPONDENT Aar52/ Comnecticit e nue TelaihieneNain 3700 00000 0 2 e Jol R RN RN R R R RS RPN R R N R R R R SRR m_;aramj% Satisfactory Safety OL'R First Mortgages are free from danger or risk, and, in addition, possess that much-desired element— satisfactory safety. Simplicity is a prime factor in connection with the purchase of our First Mortgage Notes. There are no complications, no legal entanglements, no investigation necessary— every detail is taken care of by us. Without any red-tape or uncertainty, you can invest your funds and receive your interest and principal promptly. These Notes are issued in denominations of $100 and upward, and now yield 6'2% SWARTZELL.RHEEM & HENSEY (0. m ~/5%‘mr NW— ((ushmgtnn.DC 56 Years Without Loss to An Investor SPECULATING VS. INVESTING Buying anything u ¢ hope that it will go up is speculating and mnot investing. Fxperi- ence proves that it is most profitable to have steady and sure earnings with no varia- tion of principal than to get for a time a higher income with the possibility of depreciation of principal. FIRST MORTGAGES —are sound investments when properly placed and cared for and give absolute security of principal with a good rate of return. F. SAUL CO. 925 15th St. N.W. Qvwer a Quarter of a Century Without a Loss B. Main 2100