Evening Star Newspaper, May 26, 1925, Page 29

b PRIGE OF LAMB CUT IN'LOCAL MARKET Fowls, Geese and Turkeys Also Cheaper—Beef Unchanged Today. Poultry dealers are unable to fore- cast probable prices for poultry for the Decoration day holiday outings. Spring chickens are always in de- mand, and it is believed prices for the approaching holiday will be high. ¥t is probable that many consumers will refrain from purchasing the ex- pensive Springers, fowls and turkeys being much cheaper. Should the market become glutted, however, prices may take a drop. Dealers expect a brisk market just prior to Saturday for the reason that large numbers of persons having cot- tages or bungalows in the mountain and river sections will want supplies for at least two days. Butter prices in the West advanced (& cent or more yesterday, but local dealers say the advance should not affect the local market, the change being only temporary. Price of lambs decreased from 16 and 18 to 15 cents. Today's Wholesale Price: Butter—Fancy, tub, 51; prints, 52; store packed, 2 Eggs—Fancy, selected, candled, 32; average receipts, 30a30%;. Poultry — Alive: Broilers. White Leghorns, 35; heavy fowls, keats, 40a75; geese, ducks, 25; turkey 80: turkeys, 28a32; Live stock—Calves, choice, 11; me- dlum, 10all; lean, Say. Lambs, Spring, 15. Live hogs, 13al33. Meats—Beef, 17a18 18; Spring lambs, 30; hog: loins, 32a 84; hams, 27a30 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 I light, market stead folk section, barrel type, best, mostly quality, 1.75a2.00. Cantaloupes—Supplies light; demand light, market fair! ;; California, fmperial Valley, Salmon Tints, stand- rds, 45, mostly 7.50; few low as 7.00; Jumbos, 45s, §.00a8.50; mostly : ponies, 54s, mostly 5. ats, 1 i5s, 2.75a3.00. Cucumbers—Supplies light; demand moderate, market steady; Virginia, WNorfolk section, hotbed stock, best, mostly 6.00; some fair quality, 5.00a 5.50; South Carolina and Florida, no sales reported. Lettuce—Supplies limited: demand slow, market dull; California, central district, crates, Iceberg type, 4-5 \dozen, best, 3.50a3.75. Onlons — Supplies moderate; de mand light, market unsettled; Cali- fornla and Texas, standard crates Yellow Bermudas, commercial pack, mixed No. 1 and No. 2, 3.40a3.50; U. S. No. 1, 3.50a3.65. Potato Market Steady. Potatoes—Old stock: Supplies mod- erate demand moderate, market steady: New York. 150-pound sacks round whites, J. 8. New stock: Supplies heavy moderate, market fairly s ida, double-head barrels Spaulding Rose, U. S. No. 1, few sales, 7.00a7 South Carolina, cloth-top stave bar- rels Irish Cobblers, U. 6.50a5.75; some fair quality Strawberries — Supplies mostly home growns; demand light, market steady: North Carolina, 3 quart crates, various varieties, most- 1y ordinary condition, 1.50a4.00. Tomatoes—Supplies moderat ¢mand moderate, market steady; da, sixes, ripes and turning, wrapped, originals, fa: count, 3.50a4.00; choice count, 2.50a3.00; ordinary qual- ity and condition, fancy and choice count, 1:75a3.00. Mississippl, too few early sales reported to quote. Dewberries in Market. String Beans—Supplies very light: demand mederate, market firm: South Carolina, bushel hampers, green, best, mostly 3.50a4.00; few higher. North Carolina, 5-peck hampers, green, best, mostly 4.50. ) Supplies light; demand P market steady: Florlda, moderate, market crates, No. 1, best, 3.00a3.50; poor uality low as 2.00. 9 ewberries—Supplies moderate: de- North 45248; ited: demand Virginia, Nor- crates, pointed some fair mand moderate, market stead Carolina, 32-quart crates, best, 1.6.00; few fair condition, 4.0 COTTON SELLS OFF IN EARLY TRADING Lack of Frost Damage, Rain Re- ports and Slow Goods Sales Chief Factors. 26.—The cotton market opened steady today at a de- cline of 3 to 8 points, showing net losses of 8 to 12 points shortly after- ward under liquidation, local and Southern selling-promoted by reports ,that frost predictions had not mate- sinlized in the South, relatively easy late cables from Liverpool and un- favorable reports from the local goods market. : There also were additional reports of mill curtaiiment, but after selling off to 23.08 for July and 22.55 for Octo- ber, the market steadied on covering ‘and . local buying, prices showing Tallles of 5 or 6 points at the end of irst hour. e e nte report made the condi: tion of the crop 75.5, and estimated the acreage at 43,864,000, an increase > of 5.7 per cent. £ New York cotton steady at net dec “Juty, FDetoner fatures closed barely to 11 points. Opening: Janua: * July, 35.18: October. New Orleans Quotations. ¥ NEW ORLEANS, May cotton market opened barely steady, first trades showing a gain of 1 point on July, but losses of 6 points on new crop months. Liverpool was hardly as good as due. Prices eased off right ifter the call, owing to the absence of frost repor Texas reported some ;rains in the central districts where needed, New Orleans cotton_futures closed steady at met 5 points up to 7 points down 34 bid: March, 22 44 52: December, NEW YORK, May 26 ().—Copper qufet: electrolytic, spot and futures, 13 asked. Tin firm; spot and near by, 56.75; futures, 55.50. Iron steady; pHoes unchanged. Lead firm;_spot, £.25a8.60. Zinc firm; East St. Louls, Sbot and futures, 7.10a7.12. Antimony, Apot, 16.50216.75. Rz i, o likes chilled and frozen mesiBrom Uruguay so well that packing houses in the Latin American.| country have been rushed with orders. FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. NEW YORK, May 26.—Heavy real- izing sales were thrown upon the market in today’s session and had the effect of unsettling the entire list. But the buying power back of the market was sufficient to absorb all these offerings and after this was ac- complished the upward movement was resumed in some dizections. One of the outstanding points of strength was the further advance in stocks of companies engaged in the manufacture of electric refrigerators. This, no doubt, was in response to the announcement that a merger of sev- eral companies is being considered. Car Light and Power sold well above the 5 level, Nizer Corporation was NEW YORK, May 26.—Following is an official list' of bonds and stocks traded in on the New York Curb Market today: Sales in thousands. 1°Allied Pk 6a ... 71 Am Gas & 1 ds.. 17 Am Ieo'7a . 0 35 Am B0 & Li‘8a 59 Am P& L s 19 Am Sumat T 9 Am Roll Mill . - 13 Andean Nat s ... 8 Anaconda 6s . Asso Sim Ha 6148 8 20 Amo G E 658 1: 102 ABATGC & WSS 58 5 Boaverboard e 25 Bell T Can BONDS & S 33 =Son SSRESRE SE2E Rt FEEIS Sugar 6s Galena " Sig 'O General P Grand ‘Trunk Gulf oil' Corp Gulf O Corp b Hood Rubber 74. Int Pap C s A.. Lehigh’ P 2 Libl M) Manitoba Pow Mo P Ry e Co 7 Orl Pub Ser bs States B 0ie orris Tt i Park & Tilford 68 961 OPen P & L bs 52 98 10 Pen P&L 8s D '53 97% 6 Pennok O Cor 6s. 1004 5 Phila Rap Tr 6s.. 98 18 Pure Oil Co_6%s. 102 78, - . 101% 40 Thys 1 & S 6 Tyrel Hy El 1Tn O of Cal 58 3 prel 10674 i1y biriE rupp Fried L 7s. 9 Mor Bk Dennik 65 0914 FOREIGN BONDS. 1 Rep Peru 8s 100 1 Ruas Gov cfs 5153 10% 1 Russ Gv 048 n 6 11 1 Siemena-Hal 7s 28 i) 17 SiemensHal 75 38 o 3 S6i¥ay Co s 1Swiss Govt Siys . 101 03 Toho, Elec Pow 7a "011c Sales in’ ' STANDARD OIL 1SSU inits 300 Anglo-Am 011 0 Buckese P L 0 Cumberland P L. 1 00 Humble Ol & & 00 Imp © 0f Ca new 7000 Int Pet Co Lid 300 Magnolia Pet. 400 Naf "Pranait R0 X"y “Franeli 1200 Ohto OIF e 3100 Brairie 0 & & o 310 Prairie P L. . 10 Solar Refining 40 South Penn Of 13800 5°0" Indiana. 0 K 100 101 a9 s 3 1 10172 20% S 0 Kentuoko 26008 O New York .. 108 0 Ohio ptd.! 1000 Vacuum Oil SON N Washington Stock Exchange SALES. Mergenthaler Linotype—10 ai 178%, 3 at 176%, 10 at 177 177%: National Mtze. ptd.—50 at 9%, 300 at 9%. AFTER CALL National Mtre. & Invest. pfd.—50 at 9%. Capital Traction Co—10 at 95%, 10 at 953 . Washington Rwy. & Elec. pfd—10 at 10 at 83%, 83%. 10 at 834 9 at 83%, 10 831, 10 at Washington Gas Light—100 at 57. 5 and 6 per cent. Money—Call loan: Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Tel & Invest. a cHS ooy SRR S E3558ERRERs! Am! Tel. & Tel. con Anacostia & Potomac bs.. Ana. & Potomac guar. bs.. C.'& P. Telephone 5. C. & P. Telephone of V Capital Traction R. R. City & Suburban 5s..... Goorgetown Gas 1st 5s. Fotomac Elec. 1at s Potomac Elec. cons. be. Potomac_Elec. 68 1063 Wash.! Alex. E Wash', Balt. & Annap. bs. o vashington o Washington By, & Elec. d Wash. Rwy. & Elec. 8s.... MISCELLANEOUS. Southern Bidg. 6% okt Cold Storage Gs. Wardman Park Hotel 6 STOCKS. PUBLIC UTILITY. American Tel. & Telga. Capital Traction w Capital National Columbta ... Commercial Liberty Lincoln National Riges | Second " Natl. Bank of TRUST COMPANY. Security & Trust.. e ?\‘5?.'{\";3,‘.'_;1_ Suvings & Tri ) ust. Waeh. Loan & Trus SAVINGS BANK. Commerce & Savings. Fast Washingtol Security Sav. & Com Seventh Streef. TUnited States. Washington Me . _FIRE INSURANCE. Metropolitan. American Corcoran (.. remen's . . B Uni % National - TITLE INSURANCE. Columbia Tit % Real Estate Title... ... MISCELLA! D.C . Merchants s Mergenthaler Linotype... . Naul, Muge. & Invest, pid. 01d Dutch Market com. 01d Dutch Market pfc Lanston Monotype. Security Stor: Washington Yellow Cab, *Ex. i b3 83% bought .above 45% and Kelvinator, after having closed Monday at 28%. sold within a fraction of its previous high record of 31%. - The favorable showing In the an- nual report of National Power and Light Corporation was reflected in the market for the stock, which crossed the 300 level as against yes- terday’s low of 288. s Commonwealth Power at one time |1ost 6 points. Western Power was offered freely, declining, almost 3 points before support Was encoun- tered, and Northern Ontario Light and Power bore its share in the reaction. Advances of a cent a gallon in gas- oline quotations passed unnoticed so far as the market for olls was con- cerned. Sales INDEPENDENT OIL STOCKS. in hundreds 2 Ark Nat Gas ... 6 Calif Pet new wi 15 Carib_Synd % Cit Serv 20 Cit Serv n 2 Cit Serv B cfl 5% Colombian Syn Continent Ol 64 Creole Synd ... 8 Crown C Pet’wi 8 Euclid Oil Co.. 8 Gibson_Oll Corp. 4 Gulf Oil of Pa 5 Kirby Pt 3 28 Lago Pet ... 2 Livingston "Pet 9 Mex Panuco. 0 Mount Prod. 2 Mount Gulf.\." 1 New Bradfd 0.. 1N Eng Fuel O wi 3N Mex Land.... 0 Noble_Oil & Gi 2 New York Oil. i Pennok_Oil Cor 8 Peter_Foater..... 3 Red Bank Oil’ . 8 Royal Can O & R Salt_ Creek Prod.. 9 viek pre - T Y vie FFEES e g b e P i s o ) e P T o o P U P el e it § RPRSIEE SEEEE S PR TEE PR e 3 -3 e L T 2onESREREEE paon R ao i, & d 1 It 8 1 1 1 P& TESIE SRR rsionis 2 FOREE FE FEEE FQRIRTENGIE i 28 1 o e enzismis eastEY 4 Tigew Oil new wi 5 Unit Central Oil. 28 Venezuelan Pet.. 7 Wilcox Oil & G.. 5 Woodley Pet.... INDUSTRIALS. 16 Adirond Pow. 80 iy Adir Pow pf % Amal Leather’ 1Am Leather pfd. NAm Gas & El... 6 Am Hawaiian §'8 15 Am L & Tract... 167 5Am L & Trac pf. 100 14 Am Pow & L nw 62 114 Am Pow & L pt 13 Am Rayon ... 20 Am Superpow ‘A iy Am Superpow B 1Am Thread C pt Ariz Pow & L. Arm & C B vie Asso Gas & Elec 1 Asso D (> nw wi 1Atas P T nw.. 11 Borden Co a i Borden Co ptd: L 85 Bor & C rts wi 10 Botany Cons M 7 B Schw Cg A 3 Bridgeport Mach Bkiyn City R R. Buft Gen El Co i, Campb Soup pid 1 14 Can Dry'c A A TR R R Can Dy Car Lij ‘entri GooeBenIenEnaREtanE. EE s ha 24 Chrysle: 14 Cleveld Auto . Common Ed 3 28 Common P C . 1304 33, Common P C pid 844 1348 Common P C war T 25 Cons G Bait new 4 8 Contin Bak A .. 12 un Bak B tin Bak 1 Contin Tob § Goty Inc Co 1o O s e iy Shdowstis s JEEsATIELS TS P ne. F # e i e e 14 Dubilier C & 20 Dunhill Intl T . 1 G A D A S FTELF TS E SEELEGEE P e £l BA & Sh pfd. 10 £l BA & Sh n cor 7 e HRISEOBE 19 15 1 D o e DB S=C 5B 1o R ¥ - - Sald Lonaloes 13 1R a0 De sz @i BB ai e aSE IS o ab Snub Mf A. 1 Garod Corp . . 4 Gen Outd Ad'C'A 9 Gillette S R 1Ga L Pow & 1 Glen Alden C Goodyear Tire. . Grennan Bak 97 Grim R & Cam R 5Hall S & S C pf # Happ C St A. 2 Hazeltine Corp. Hevden Chem. 2 Horn & Hardart. i Inter Cont Rub 38 Int Conc Ind C 2 Inter Util A iinter Ul B 3 Jonea Radio 50 Kelvinator C st FORERS ,4 CREEE Coza 1 yopace T et P B R 5S8R AR5, o T TR PSS wm o aiteBuaab o e colsiocs oty ST 8Lib R Ch Strs. Mare Wire Tel C 4 Mengel Box .. Mid West Util . 53 Mid W U pr In s 3 Moore Dr Forg A 18 Motion Pic Cap C 10 Music Master C 381 Nat Pow & Lt. Nat Tea Co ... X% 8 & pid. SIS PP & EEREE R+ e oo mo oo L sy 2 * ™ T F 12% Nor 01 PU Omni € vt ¢ ; 1 Oppenheim & Col 4% Pathe Ex Inc A. iy Penn Wat Po Co 13 Pow Cor N ¥ .. 1 Pow Secur Cor. .. 1 Pratt_& Lam C. . 2 Pug Sound P&L B 1 Purity Bak A.. 2 Purity Bak B... 1 Rem Noisl T C'A 33 Rem Nois pfd.’ 1 15 Reo Motor gt ae 9 et otdtert ittt 34 FE o . LDttt 530 O OV O 12 ettt St gt T D113 BB DI 00Dt Ok DO O D b 2 Do OB O s DL " S WERE R OF R & & R A S Dt P eSSt Southeast P & L ‘9 14 South Calit Ed. 10f 34 S0 Cal Ed B pt.. 9 1 8¢, Regis Pay 3 Standard Pub A 9 Swife Intl.. ... J12 Tenn Ele Bower enn 2d pf. | Thompgon Ra vic 1 Tulip Cup Corp.. 2 Union Carbide.-. y G &E D + DR BERADIDRD DB, AR S S FEEZ 3 izmon ey 533 *E SEZNEES SoRih GRSk S22 PPETEE F o Bisie DRI i P Bt R e Rt e wisto P JELIEENZ SR b0 ® P =2 FES B P FF AR Fes Seswoom Suneonm 5 MINING. .20 5 Cons Cop Mines. Cons Nev Utah.. . Cortez Sil 5 Eng G N 30 Forty Nine ) Hawthorne 1 Hecla Mine . 3 Howe®S nw nlisnn IO 3 ] S 2adp i 1 Sae it 30 oGk 200 WSS Nipissing . hio Copper. arm Por M remier Gold cn, Sil . Sil King Co n pearhead Gold. ‘ono Exten ‘ono_Min_ .. . Uni East Min 5 Uni Verde Ext 0T S Contin 3 Unity Gold 3 Utali Apex . 16 Wenden Gop . MONEY RATES EASIER. NEW YORK, May 26 (#).—Call money easier; high, 4; low, 4; ruling rate, 4; closing bid, 4; offered at 4%; last loan, 4; call loans against accept. ances, 3%. Time loans steady; mixed collateral, §0-90 days, 3%; 4-6 months, 3%a4; prime commercial paper, 3%a4. LTS S Parker Gets Umpire Post. Edwin B. Parker, umpire of the German-American Claims Commission, has been mutually agreed upon by the United States, Austria and Hungary as commissioner to settle the pending claims of the countries named against each other, in accordance with the tripartite agreement concluded No- vember 26, 1924. That ment awaits final action by the United States Senate. et o7 Lid M. "o 9 M1 O SNt SCE gy o 9 e @ PSS Fad "NOTED BUILDING SOLD. Home of Delmonico Restaurant for Years Transferred. NEW YORK, May 26 (#).—The building which housed Delmonico’s res- taurant, at Fifth avenue and Fort, fourth street, for years a symbol of New York's soclety and a synonym for £ood taste in dining, has been gold by the Harriman National Bank to @ group of real estate dealers, who will erect on the site & 30-story office build- ing, it was announced yesterday. Joahg restaurant was closed May 21, FLOUR IS BIT HIGHER. MINNEAPOLIS, May 26.— Flour, 15a26 higher at 9.30a9.35 a barrel. Shipments, 27,189 barrels. Bran, Can Secure LOANS Up to $500 In THREE DAYS Fidelity Guaranty Co. 202 PHILLIPS 927 FIFTEEN' BUILDING H RT. N.W. HOME OWNERS _ l | 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 N.W. Resources Over $2.000,000. L. E. BREUNINGER President AN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President Wanted—Money Wanted, loan of $25,000 in one or separate loans. First-class real estate se- curity on church property, 1 to 3 years at 7 per cent. Address Box 220-X, Star Office A Word to Speculators. It you must speculate, select & rep- ltable broker who holds membership in & recognized stock exchange. change requirements, are must comply with business ethics as provided by rules and regulations. I° & member violates these rules, he hazards usually his greatest a Ex- in themselves, s its members some protection, his membership, which I8 t. o——n—=8 [a] ElWashington Investment= = 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 and Transactions Co. 713-15 14th St. NW. Main 3662 7% Without Ris or Worry EVERY dollar of interest paid promptly when due; every dollar of principle paid promptly when due--that is the 52-year record of The F. H. Smith Com- pany. Our First Mortgage Bonds, in de- nominations of $100, $500 and $1,000, now enable you to get 7% for any period from 2 to 10 years. You may invest outright or un- der our Investment Savings Plan, which pays the full rate of bond interest on all payments. MAIL THE COUPON NOW 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 1 TUESDAY, MAY 26, 1925. AMERICAN TELEPHONE & TELEGRAPH CO. 143rd Dividend The regular quarterly dividend of Two Dollars ‘s Fwentydie, Conta (82.55) share will ba paid on Wednesday, July 16. 25. to stockholders of record at the close of ‘business on Saturday. June 20, 1925. H. BLAIR SMITH, Treasurer. Real Estate Loan Man Open for Engagement Address Box 45-V, Star Office Quick, Courteous Action i Sher” Advaneed for: Pivment épLrasts | v o stoney ‘Loaned Tog Individast and Corvorate Financing District Loan Procuremept Company | 219-223 Kellogg Bldg., 1422 P St. N.W. | Tel. Main 8070 First Mortgage Loans Wuhin:i‘on Real Estate 5%2% We always have on hand an adequate supply of money to loan at lowest rates of interest. E. Quincy Smith, Inc. 909 15th St. Telephone Main 9057 | Joseph I. Weller What You Should Know No. 8 R R ) e e e e Smith Building, Washington, D. C. Please send me your booklets about 7% Smith Bonds and your Invest- ment Savings Pla; Name THE LARGEST FORTUNES —of today were started by men who possessed only a few dollars, but who had the wisdom to invest for the future. . Start today by buying our first mortgage notes They are safeguarded by first liens upon improved real estate in Washington, D. C., worth double the amount of the loans—so that there can be no loss by deprecia- tion. We have them in denominations of $100 to $5,000 —at highest current interest rates. Ask for our Investment Booklet—no cost and no obligation. Mortgage Investment Department Take An Interest in terest return. Your Family’s Future SMALL sums regularly invested now in sound First Mortgage Notes will form a tangible basis of your future prosperity and hapginess. No other form of investment presents the same attractive combination of assured safety and an excellent in- Current Interest Rates Amounts From $100 to $1,000 BOSS M0 PHELPS HOME OF HOMES iy K Street NW Main 9300 2 The New York Life Insurance Company Offers to Make First Mortgage Loans on Improved Real Estate In the Distriet of Columbia and Suburbs for 3, 5 or 10 Year Periods Houses Business Properties Apartments Office Buildings %% ON APPROVED SECURITY Apply RANDALL H. HAGNER & COMPANY MORTGAGE LeaNn GORRESPONDENT Aop321 Gonmectpuit Hoenae, of the courts. o RRRA Central—7th and Mass. Ave. N.W. Northeast—S8th and H Sts. N.E, FINANCIAL. Money to Loan Secured by first deed of trust on real estats Prevailing Interest and commission 426 Wash. L. & Trusy Bldg.. Oth & F N.W. [ REAL ESTATE LO nzsmznc:alt.’g{wgsirpx'?gvpv!g.\us FRED T. NESBIT VESTMENT BLDG. Main 9792 5,000 Sque eet An Entire Floor In “F” Street ear 13th Heart of the Business Section Is Available FOR LEASE New building, with excellent light and ventilation. Reasonable price includes heat and elevator service. Call or Phone Us Today 713 14th St. Main 2345 HOME FURNITURE LOAN From 350 o $300 on house- hold furniture or chattels, legal rates of interest. by charged; 24 hours service. American Small Loan Co. (General Electric Co., Germany) A world-wide name signi- 1ying highest standards in the electrical fleld. We recommend ABG Twenty Year Sinking Fund 7% Gold Debentures at a price ylelding abomt 7.70% (Entire issue payable at 105) Send for Complete Circular The National City Company ‘Washington—741 15th 8t. N.W. Telephone—Main Can My Estate Afford the Services of a Trust Company as Executor? The court allows the same fees to a Trust Company that it does to an individual in the settlement of estates. It is a matter of 1'€COT(1 that Trust Companies universally conduct the 15th and Penna. Ave. ver $6,000,000 BRANCHES: affairs of estates with economy and ability which comes of special training, large volume of business and with the merited approval MERICAN SECURIT AND TRUST COMPANY o Capital, Surplus and Undivided Profi Southwest—7th and E Sts. S.W. Northwest—1140 15th St. Total Resources Over Thirty-Five Million ferred Sto%k, Par value . . $2,500,000 250,000 Shares C Par value $2,500,000 Mortgage Bond & Guaranty Corporation 'WASHINGTON, D. C. (Incorporated wnder the laws of Va.) AUTHORIZED CAPITALIZATION 250,000 Shares 8% Cumulative Pre- $10.00 mon Stock, $10.00 INTEREST is an attractive return. ‘When accompanied by a high mar- gin of safety, it is doubly desirable. $12.50 buys one share of preferred stock plus one share of common stock in the Mortgage Bond & Guaranty Corporation. The preferred stock bears an im- mediate return of 8%, and the com- mon stock, with its recognized potential edrning power, promises a constant increase in value. First Mo Write, call or telephone for an appointmeni~ HUGHES & COMPANY INCORPORATED INVESTMENTS 1418 Eye Street N.W. rtgages have played a lead- ing role in the building of our nation’s greatest edifices. the back-bone of Washington's prosperity today. And the Mort- gage Bond & Guaranty Corpora- tion operates only in this one type of conservative security. This is the first opportunity ever offered to the investing public to share in the profits of a Washington organization of this type. hey are 53 Telephones MA.IN% ;l