Evening Star Newspaper, May 27, 1925, Page 29

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FINANCIAL. THE EVENING STAR, WASHINGTON, D. €., WEDNESDAY, MAY 27, 1925. FINANCIAL. r . Recelved by Private Wire Direct to The Star Office S e ey Loan Man i | District Lt::ll;ni":.ocnumen‘ Thomas J. Fisher & Company, Inc. That Will Net Gver 15% 0n Tnvestment. e AR : irst Mort{luue Loans 735 10th Srreet Open for Engagement * Good u or "Gk Kale™ ™" Company BY WILLIAM F. HEFFERNAN. shares to the better trade satistics, s ¢ Addrons Bt s || 0228 Kettogg Bidg. 2z F st.Nw. NEW YORK, May 27.—After two|disclosed in the weekly figures of Washington -Real FIRST MORTGAGES Address Box 45-V, Star Office Tel. Main 8070 ;i : S production, which showed a decline _— hours of the most active trading wit- | proGHetiof: (WHIEE CH0 e onth, was Estat con i nessed in any like periods in several | puzziing to many. Another buying e | Plenty of Vegetables Fromwecks, the curb market quieted down [movement was staged in public utili- Deaominations of $250, $500, $789, . =S i N g 3 ey z { today, but with operations for the rise |ties. Under leadership. of National SL00" hiud iipwarde © M s Nearby Territory—Prices | S in the ascentant | Pier il Ligni. whieh rose spectac 51/2% ! 6:/2 - SECURED SAVINGS |§ The New York Life Insurance Company American Rayon Products above 31 |lasly for P reached the best price sinca trading [higher prices were the rule through- % | : ; Little Changed. 5 started in these shares several weeks out the group. v' ‘We always have on hand an All Louns Made on Propert) Invest 810.00 3 Offers 10 Make ago. Kelvinator also reached its best | Chrysler Motors rose more than 2 adequate supply of money to Lecated in the Dintrict of P M h SR rice, above 31. [ points to across 101, Stutz Motor was | [f| loan at lowest rates of Interest. Columtin er Mont! o DL trust i e vieniy o ths The unresponsiveness of the oil |laken up and Reo went along. E. Quincy Smith, Inc. JAMES F. SHEA For Ten Months ; First Mortgage Loans terfere with growing crops, according | NEW YORK. May 27.—Following 1s cou Fiseny R C 81 909 15th St. T 'A e | And You'll O [ on Improved Real Estate 643 Louisiana Ave. N.W. H to dealers, and ample supplies of vege- |an official list of bonds and stocks ey S E 2 ‘Telephone Main 9057 tables of ll kinds are being received. | traded in on the New York Curb i . K One of the Best Dealers report that Sunday's storm | Market today: 16 € 2 4 4 ' did quite an amount of damage o [gales, BONDS A Boon g e Fl.l’ll Mortgage In the ' i 1 ( crops in several nearby States. but the |in thousands B o e 3 . oinit 1Al . &1 &1 : & E | Z District of Columbia and Suburbs St inih madkie oty e gt BLE: iy S fER iy 1t Equitable Co-operatwe Bulldmg Assn g : for 3,5 or 10 Year Periods Lilited. supplies of cethell Srel 414 0 1 Habeiin Corp - JOHN JOY EDSON, President FRANK P. OE, Secy. an Be Bought— € coming from the Norfolk. Va.. section. G % . ] ‘hile the supply of new potatoes frot AR B TS s § % Organized 18 45th YEAR wmn ED | Houses Apartments 16 gy of mew hotatoss trom | 54 AR EOY € 1Lt ! 3 gt Assts .: $4,042,13268 Surplus e | Besides, We Pay ‘Busiiess Properties Office Buildings Interest On / Florida and South Carolina is heavy 30 Am Sumat T 71y : Moderate upmlies of (O ties are| 3 Am Xat Hal % i Heit Hak $ p % { Subscriptions for the 88th Issue of Stock Being Received || Each $10 Payment Moderate supplies of tomatoes are| ~4Am Roll Mill'6a 5 Anaconda tis cheaper. Mississippi stock appeared PR R Rl . . ‘ : here this week, but too few sales were 7 i i § L : ! | 1 e E e « i M L i e B @ The Systematic Way i Puiiaie ‘ ! ; Ny amall quantities of s ; gau | ipene et " Ra : beans and. ;wyvy)m"\ are being received Beth, Sti e i ba 2 . ' E i . ‘ : 6 l/, Per Cent 2 0 while peas are fairly plentiful and| 408 124 8 1 (HE it kit ( OUR BiAlMeds s Hiin sys: H 5 prices reasonable |G < E 4 ¥ L 2 - tematically, and you know | | er Annum— ON ALEROVID ERC T Today’s Wholesale Prices. i ¢ T I PR eI ® from your own experience b Mortgage Investment Dept. Apply Butter—Fancy, tub, 51; prints, M 6 5 3§ " L i SH RES that it's the best method to | E store-packed, 2 { L : ‘ Sggs—Fancy, selected, candled, 32 : T : Nat Tea : A e ‘ i T__.____.S‘ Lggs—F lected, candled ! 3 employ ] : SHANNON-& LUCH fRANDALL H. HAGNER & GOMPANY | average receipt ‘,‘3”213"7("-1(”“ . L & T i ; 3 s 50 The same applies to saving. White Leghorns, 35; heavy fowls, 27| §Genera) Pet 0 3B v & I . If you save systematically 713 and 715 14th St. N.W. 2 eese, 12a15; {l\:(“kl: o ¢ 0 ! O e PER with us you will be employing Main 2345 owls, 30; aper 6 7% 3 2 Oppenheim & Col i ¥ T ts 2 Kan Cl A3 o g 53 MONTH the best method for results. the Ex Inc A Live stock—Calves ice. 11; me 3 Libbs : : 32 Beu M Coptd. oo 1080 112 1 Start Today. 5 oAesgzt Gonmecticut e nae, TebyomeNain 510 s ; K Deposit Each Payday. ' Eaman PR ERINRRER ALY RRRAERE dium, 10all: lean, $ad. ~ Lambs, \prlng s, 1321315 E e o ERs 2 a 43 4 17 . 18; Spring |1 Nor States B 6104104 Bak A. . H 9115222 loins, 32a34: | 220 Nor 8 P M 6 [ : ¢ A8ey ns | t — —— ——— = | Okla G'& E b, 05 = 94 a CTRRTEE 4 MorTGAGE Loan GORRESPONDENT hams, 27a30; shoulders, 19a20. - Fruit and Vegetable Review. . &L 08 i e ‘ ay's market report on fruits and | ) 3 3 e i S B | w::n;;;: Risk || | APPLICATIONS INVITED The Prudence Company, Inc. ‘ ; _ for LOANS on of New York I E"‘,‘,fififi&‘;‘&:fl.‘,“éflif‘w":fi? IMPROVED PROPERTY & Cabbage —Supplies limited; demand light, market steady; Virginia. Nor-{ 4 1 ] folk section, barrel crates, pointed S g % : gtutz Moy type, best, 2.25a2.50. o 5 1983 Swift & Co - Cantaloupes—Supplies h;:l:n. dnnu]md light, market steady; California, Im- : when due--that is the 52-year || Eecateditniihe perial Valley, salmon tints, standar ] : B8 100 p mp R Cv e 3 k E E = o ] 0a8.50; : B E H. 7 4 é; Jumbos. 435 8.00a8.50; (SR e 2 i : : Invites Applications for | ;e-c:;d of The F. H. Smith Com. DI oA Calerbiktand ad)a0sne immature, salmo; e i : Lk P ! 1 Lo Subwrbs in Montgomery County, Md 435.5.00; Rats, 125 2.00. B a0 i e Sha . Construction ans Our First Mortgage Bonds, in de- > jeconomics, sald dollar of principle paid promptly XUV 458, 6.00; flats, 125 and 135, 2 1 Cucumbers—Supplies lig 4 3 f { : i ! = nominations of $100, $500 and moderate, market ,::,"fl:nfl\ t‘m«hh! J 8 s a8ty L ST i 2 Long Term Refinanc"‘g | $1,000, now enable youtoget 7% || | l O o etv 6.00. South Car- | 31 & Run 22 4 o870 fa P Amounts of $50,000 and over | e svce iy = olina, bushel hampe 0. if jigs 48 o B2y g You mn‘y invest outright or un- 2 0 _ G0 6 ‘ v ; der our Investment Savings Plan, Onion Market Steady. ; 5 %0 4 f ) 2 38 @ 3 8 | z Onions—Supplies moderate: demand aum ¢ ; 10 v : £ 3 M F R E D T E S B | || hichpays the full rate of bond INTEREST light, market steady: California l";"d 0 Wilson new pf wi 0% & interest on all payments. Texas, standard crates Yellow Ber e b INING { mudas, commercial pack, mixed, 1 Bokotd Se .. & g g O ey e 23 Loan Correspondent MAIL THE COUPON NOW 7 e o i zgg:?flnd e R RFrance 7a R4 . K31 R 'x.‘a:‘r‘.\'y‘?n" e hines . 1 In| 1 Bld in 9392 1 The F. H. Smith Co i L Ll e—Supplies moderate; < E: 0 ;. 0 o5 Mines b M light, rharket dull; Californi ._central h Nat ie 83 82 B2 Cop M B y nvestment g. Main < 5. . UST COMPANY district, crates, Iceberg type, K:umfi JFried 1 2e 9 e D an 3% Founded 1873 | H. L. R 3.5083. I Russ G ofs 5ie ;. 18 14 1 18 Dotoras Raper 1 180 i . NoLots to Any Investor in 52 Years ! potatoes, old stock—Supplies mod- | 10 iem & i i | Go M Ld 1 40% 4 . | e O manver smay: | JSSER £ HAL TGS MM M wAn | RSt MCD g Smith Building, 815 Fifteenth St. LOAN CORRESPONDENT 10 Hawthorne M 1 New York, 190-pound sacks, round i ules Bov's I 02 b8 a0 ) : : : MesvrenE T e ®se PRUDENTIAL INSURANCE whites, U. S, No. 1, 2.25. New stock— | 55 Toho El Pow € 78 91 003 903 leH\ Mine S n,‘;”;-mm‘:“"sz“u;.‘new::s‘::f asf By €T 26 28 Metropohtan Housing Loans P S e e COMPANY ¢f AMERICA in units rels Spaulding Rose, U. S. No. 1, me- | ™ 700 &nglo Am 011 79 Smith Bonds and your Invest- dium size, few wasty, 6.00; South Caro- | igo Chesebran Mix.. Gl% S1% Gi% | 13 e, 1815 18838 18 Gitetropolitan Life Insurance Company) [ i e 912 15th Street N. W. Main 6888 lina, cloth:top stave barrels, Glrolosh Lo\: |, 20GaT8"0 ol v 104 A % N il mos . 0 . P it T5a6.00. moat- | 1o Hhmbig Ol & K- 01 02 Lhomocan ol ; On homes in the District of Golumbia and suburbs in Mar~- = 5!1(“\ Imp O of Can nw o a 4 Premier Gold M re Strawberries—Supplies liberal: de- 2860 B et ,a“d 34 14 80 Eremiar Cold M, & 3 land and Virginia. Address ... mand limited, market steady; North O et o ot 3 fap et Carolina, 32-quart crates various varie- J(m Nat Trn sit E D 21 . These loans may be made for 15 yrars and are very ad- lity and condition, 2.508 | 10X ¥ Transit 0 i { 1 vantageous to the borrower for the reason that they elimi- y . g 600 Ohio 01l 5 K Virginia, Norfolk gection. NO | 300 Prairie 0 & G nw 6 5 T h ¥t nate extensions, or new loans at the end of short periods. “'.‘,.::{:;’e':iléu,,pue: sisdsate: a6l SRR Py ot 1 i i e No life inaurance requirement. Write for booklet. latat ” g™ 82008 O Indiana [ i ity Gold mand moderate, market steady; Flor- 1a iy Gold 7 . Ma 6s ripes and turning, wrapped,| G008 & ,?,T,’{f,’fk‘ g e Conper : ! Unlimited funds for loans in the District of Columbia on Jgs fancy count, 3.50a4.00: choice count, 'n;ob 248 7 248 3 ng Cons, 3 BUSINESS PROPERTIES 2.5083.00; ordinary quality and condi- tion, fancy and choice count, 2.0043.00:{ 208 O Omn pld. - i, e a3 APARTMENT HOUSES Texas 4s ripes, wrapped, fair condi- 1"410 Vacuum Oil tion. 150 D AL $TO0RS. © W ANTED OFFICE BUILDINGS AND HOTELS The Straus Hallmark on a real estate bond stamps it at once as the premier real estate security. String Beans Higher. " indreds 43 String_Beans—Supplies light; de-| = 4347 Maracabo © Lowest Interest Rates—Brokers' Applications Invited | New Issue mand moderate, market stronger; £ Garip Synd L S South Carolina, bushel hampers green, b Cit Serv new: 1. 384 7 econd Trust it S IR g | WEAVER BROS. REALTORS | $4,500,000 L R T o e ‘Notes 735 15th St. N.W. Phone M. 1821 Peppers—Supplies light i 4 ] | e e e gl HERAGe i compny s e Central Pro ertles - No. 1, best, 3.00a3.50; poor| ARl b B avaifable for the purchase il i : Dewberrles—Supplies limited; de-| $3 .. | of all kinds of second 1l t. Louis, Missouri North : 4 a k | trust notes, secured on “{fz.!;lt"f';f3‘“:\:",‘:"}‘22"‘,:;,’:;, i MW: I .:y' it g real cstate in or clows %0 . MONEY TO LO AN First Mortgage 6% Fee and Leasehold Bonds North Carolina, 1 " 6s, Mayflowers, 3.0023.50. & & Prompt Service | 3 | Dated April 20, 1925; Interest Coupons Payable April 20th and October 20th; 6% Beets—Supplies liberal; demand rod ... 2 W ™ Coupon Bonds in Denominations of $5,000, $1,000, $500, and $100; Re; isterable IN ANY AMOUNTS as to principal; Serial Maturities 1928 (0 1941; Bonds and Coupons Payable moderate, market fairly steady; Vir- ; o] . o zinia, Norfolk section, 60-quart straw- S 1 E 391 | Ferry crates, bunched, 3.0083.50. 5‘ : # | mWashington Investmentc | : o aie b s emd tnchusind AMHL 20, 19335 et 103 a1 COTTON QUOTATIONS " sistasaidse, 24 Adirond Fow .. &1 78y 8 713-15 14th St. N.W, GENERALLY STEADY| Al © B 2185 Tais Thay Main 3662 I Prompt Service We believe this issue constitutes an unusual investment opportunity o5 Am TR 5% 1aRi2 10812 108 because of the tollowing factors, which influenced this House in its pur- | chase of the bonds: Apprehension Over Weather Re- | Pow & nw TE =1 R 1. These bonds consti dii i i D N e ana b h ¥ 3 . onstitute a direct closed first mortgage on land in port Causes Much Covering | 1]‘35: m‘{m':.‘; ; 0 q ] HANNON“ LUGH fee, leasehold estates, buildings, and equipment, comprising the § e . % and il Upon First Mortgages on Improved Properties ||| | terest up to and including April 20, 1937, and 102 and interest Transactions Co. Sl | thereafter; 2% Federal Income Tax Paid by the Borrower. In the District—Current Rates | following properties: in Today's Markets. 8 - of We w i i . A b We will gladly receive H REALTORS (a) A 17-story, steel frame and concrete, fireproof office building to be erected at P ¢ nw ki and gn_e prompt attention 3 the northwest corner of Seventh and Locust streets, St. Louis. This land is m\m- ‘{u;fx(v;;'-\il : ENE 19 g(u»‘«n‘ln‘la\fll G 18 tfi apphcaho»nvs for 4 Mortgage Investments ?wned by ;he borrowing corporation in fee, except for a small strip under b A g 6 Botany Cons M. 20 0ans o hi 2 ' ong term lease. s p e e s N e e 713 and 715 14th St. N.W (b) A completed, two.story. fireproof building, containing stores and a st cI ine of © {0 § points i response to % Bedechort Mach w,‘ eal Estate motion picture theatre of 1,800 seats, at the northeast corner of Grand and relatively easy Liverpool cables and | [ e e Current rates of interest. [f| Main 2345 Lucas avenues, St. Louis. This land is held under two long term leases. eports o ‘mer weather in the | v : 5 Bl . Ny steiey | =ppe Ly ] 8 ShOR;ld you have | In the opinion of a number ‘of real estate experts and appraisers M;’\orvrrtvrfil(w‘rvh‘; DE I e il Gen 1 CL0 1 . oney to Invest : = whom we consulted, the site of the new building which will form emphasize nrfavorable conditions dur- H G 13 E —we can also take care of. ! ! the principal part of the security for this bond issue, is the best piece ing the past week probably led to cov 3 G n' 5 ] you. Our experience, ex- 3 (&l of downtown property in St. Louis available for building at this ering, in connection with rather,an 5 Cent Ter = E 2 - tending over a period of time, and unquestionably one of the best business corners of the city. unfavorable monthly review of crop Y 7o Prospects in the Eastern belt due to| 53 Chs &&" Thirty-Five Years lowest valuati i . . T ol e oL Chrysler M.C wi 10 ‘ —»msurei’{our protection. IS MY MONEY SAFE? - ;:‘:ileo:of t;\e fi::L‘::zas';fizf::.v::fl:&g:;‘i‘:l;:rvc;::?;x::.‘::5 s e i o 1y Russell Co. §3 356,696 bebind ths ssus: amd the boads consarute s 65.% loan. " i o . 0. T : 920 15th St. N.W. ; b ' : July . . 3 2! b A u 2 " 2 ' 3 2 pa . . o 5‘,':.?':’?.2" i el : = - - / This question is in. every Net annual earnings are estimated on a conservative basis at Tanuary - 3 5 58 Cont Baking B, | 3 4 one’s ;mind. Would you con- $588,000, which is more than twice the greatest annual interest 5 e - March, 2383 | B S0 s heot Municipal S B § ' % A charge, and more than $182,000 in excess of the greatest combined ficaanscis u“mi::;;m\wr.‘ 67, Hflffi:fi Awro pri; 73X 73 unicipal Service sider a | interest and principal chargesin any year prior to the final maturity. NEW ORLEANS, May e e ol Company The bonds are the direct obligation of the Central Properties cotton_maricet’ opened ;..‘xl..ie;.mim S 147 ; 6% Gold Notes el g:‘r::;:::l;;:ll of the stock of which is owned by Skouras Bros. ing to lower Liver )l cables. After raded to 23.46.and October Uz U0 8. .00l a2 4 o) trade in tober to 21 o & S Due November 1, 1928 2 The bonds are protected by all the safeguards of the Straus Plan, the market rallied back to ves- ] 0 then n\p e L Ak 5, (ompant owns_or controls Owver a gncludlng sel:iaLmaturmu and monthly deposits of principal and Sl e . . & 1 local public utility companies H H . S interest by the borrowigg corporation. eekly weather report. There was lit- Vi ) | n the house in which you live g corp d Ye disposition 1o enter Upon new com. : serving electric light and Ludster 2 ! s - TR 1 - mitments insivgnce of the Govern: % : : power, gas ot s}‘f;.':;y;\?.,:g‘, of a at one-half its fair value safe? Price: To yield from 5.85% to 6.15%, according to maturity. New Orleans cotton futures <|uud steady Virginia and Georgia. at net decline of 22 to 24 point Earnings statement shows bal- Century Call or write Today for CIRCULAR 226-G : ance available 582 times in- ; si ¢ v Without This is the security that pro- e ; 3 terest requirements of Com- vl\:;:‘r::r .. -11 Secured by first deed 'of trust on real estate | pany’s 'Debentures and Notes L : 5 March ... _| . 1 bod. Prevailing interest and commission including this issue. & L0 tects 2 . R U Opening—January ., 420 Wnn. L. & Tru . = e Y e | J 'bl Wal.lcr e g P$gel,d_991/g°nnd ‘6":‘51;“ : . unlusnr.n 188: INVESTMENT BONDS mccuoluw — D 1eldin; A .. ! g & OUR 614% FIRST MORTGAGES NATIONAL METROPOLITAN BANK BUILDING NEW STOCK ON SALE. i S & | NEW YORK, May 27 (Speciall—H. FEDERAL-AMERICAN e e A5 3 v\;_.:ls.l;l;:&'fi.x:‘ D.C M. Byllesby Inc., today offered o ;«;q;ng:;;;ggk}';"l"h}f'f},?g';}" | Rg&gggu 4%% o |1l E- H. Rollins & Sons B. F. SAUL CO. 43 YEARS WITHOUT LOSS TO ANY 'INVESTOR \'(:u'e at a price of $26 a share. The ’ sl ’ e o | Founded 1876 Lia.in zlm 925 lsth St. N.\V. ¥ s e e 1315 F Street 416 Woodward Bldg., Washington' 58w 8 & Co. e and bool closed. Bostor N York ‘Philadelphi: S 0 ow Yorl . o JOHN POOLE, President Chicago Tenver San Franciaco j| Money talks, but the men who make it are generally silent.

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