Evening Star Newspaper, June 1, 1925, Page 27

SRINANCIEATL, THE EVEN ING STAR, WA SHINGTO D. €. MONDAY, J RICES HOLD FIRM AT CENTER MARKET jons H|gner——L,antaI0upoS' Sold Out—-Meat BY WILLIAM F. HEFFERNAN. June 1.—Public were actively rt of the week and of the former group were especially favored, United g the report of op. ind Western Power, but subsequently Belief was almost general that st of bonds and stocks arket steady; COFFEE TRADE IMPROVES. ne 1 (#).—Although Washmgton Stock Exchange “75‘ 000_at 997 n Gas Light—10 at 58 & Trust Co—10 at Natl. Mtge. & Invest. pfd.—50 at 9%, i tad Liento10 at 58 ana Trust Co Bid and Asked Prices. PUBLIC UTILITY American Tel. & ERYMAN INVESTMENTS BY GEORGE T. HUGHES. apital National Bank of Wash has obtained the bonds or the preferred 1y to sell much TITLE INSURANCE. Columbia Title. Real Estate Title. MISCELLANEOU! t the prices of the ocks will be pushed W iling dividend rate tor bids the quotation hat 18 going to happen in the future. (Copyrizht, 1925.) NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office change in the market would be on the side of advancing prices, and in many quarters an early readjustment was expected. The feu. of the oils was an advance of points in Red Bank. Standard of Vacuum and ¥ ture Indiana, were favorites Standard issues. In the another sharp advance in Chrysler. Trading started in the new per cent gold bonds, which were offered for subscription on a 5.70 per cent basts. In the last hour the selling side got hand and the whole mar- ket came down rather sharply. dom the upper 2100 Bratie 0.4 G b 380 Prairie P L. ... 40 South Penn Oil. . 1 e700 Southern P L. 1Ga L Pow £ Glen” Alden Coal. 23 16 Oppenheim & Coi R Pathe Ex Ine 28 Pow Corp N Y, 1 Pow Seeur Cor D) 8 Purity B 3 1 Rem Noisel TC p ;nn 10 Reo Motor 3Sil GP new vte 4 Serv El Corp A.. 7080 C & I new... 25 Southeast P & L lm A3 4 Sou” canit. B o Swift Intl 1 Swift & : 7 Tenn Elec Pow.. 5 Thermiod Rad ¢ om; 2 Tower M, T Trambull Sieel D Sum raa TEIOE Fri= PRSI P 10 Eureka Cross 10 Eureka Crossu CALL MONEY HIGHER. NEW YORK, June 1.—Call money low, 4; ruling rate, 4; closing bid, 4’,& offered at 4% all loans against lccep!lncel 4%. Time loans steady; 60 to 90 days, 3%; four to six Prime commercial pa- firmer; loan, lateral, months, 3%ad. er, 3%a4. When consult your banker. as much his Interest as yours to pro- You trust him reith “your deposits—why not trust oim with your investment problema? tect, for crude ol Swan & Fineh. . 00 Vacuum Oil | points under Friday’s clos Pennok 0il Corp il 3 Kuff Gen EI C 5 Commonwith P’ ¢ 5 Commonw P C pfd 28 Com'onw P Cn wi a 22 FE 74 § Bureia VacuuriC 82143 31 prank H H Mt 11 Happiness Candy. > Hazeltine Corp 1 Heyden Chem 1 Imverial Tobao. o1 Y C womuse BESPPE T Y $£FF cior Tak Mach varner Bros PA R B nat Pow nid b oo MM Pon A 8% -5 Your Banker Knows. in doubt about a security It is equally your savings. COTTON QUOTATIONS OPEN WEEK LOWER| Tomorrow’s Government Report Causes Very Light Trad- ing Volume. By the Associated Press. VEW YORK, June 1.—The cotton market opened easy today at a decline of 7 to 11 points under local and southern selling, attributed chiefly to liquidation of small old accounts due to reports of rain at a few points in| Texas and increased southern mn curtailment With Liverpool close and the Government crop report due | At noon tomorrow, general business | was very quiet. (‘overing caused r: lies of 6 or 7 points, but the mark was within a point or two of the low est at the end of the first ho months showing net losses of points. Three more pri ate crop repo anged from 73 to without apparent effect on senti ment. New York cotton futures closed steady at net decline of 2 to 6 poin March® Openinz Ju January March, ) December. June T—Cotton opened very quiet, 2 to 3 points down, In the absence of news from Liverpool, where the market was closed for the Whitsuntide h Prices continued to ease off ez after the call, until July traded at 23.24 and October at or 5 to 6 Houston reported its first new cotton. Last year the first ba was reported there on June 26 New Orleans cotton futures closed steady at ‘et une ' down Range i 28, b ever 5.1 Vid WOOL PRICES ADVANCE. BOSTON, Mass., June 1 The raw wool market new month a little firm its two-day intermissic tory staple was qu n. ted at $1.30 and fine French comblr as high as $1.25. These to 5 cents above the recent figures and with m of the wool cleaned up are not provir tr: business high to Money to Loan Secured by first deed of trust on real astate. | Provailing interest Joseph 1. Weller $30) Prompt Action First Mortgage Loa.ns 5 Lowest Rates of Interest and “ommission ‘F 2 isher & Company, Inc. | e et i Thomas J. Liberty Bonds Treasury Notes The Washington Loan and Trust Company 5 Pl e available for the purchase of all kinds of second trust notes, secured on real estate in or close to Doe, e or .BWashmglon lnvestmem[j | We Buy and Sell FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President Etc. Bond Department 7% means $70 a year on $1,000 OU can obtain this return on a $1,000 Smith Bond, or a proportionate returnon thesmall- er denominations of $500 and $100, with the proven safety evidenced by our record of neo loss to any investor in 52 years. These 7% First Mortgage Bonds are strongly secured by improved, income-producing city property, and, through seral maturies, the | || margin of security for investors is constantly being increased. m You may invest for any period 900 F Street 620 17th Street WANTED Second Trust Notes This company has funds from 2 to 15 years. No deposit is'required on bonds reserved now for July delivery. Mail the coupon for descriptive circulars, The F. H. Smith Co. Founded 1873 NoLoss to Any Investor in 52 Years Smith Building, 815 Fifteenth St. Prompt Service THE F H. SMITH COMPANY 8mith Building, Washington, D. C. ! Please send descriptions of you Tl'i"lsachons CO | current offerings of 7% First Mortgage 713-15 14th St. N.W. Bonds to: Name Address Mortgage Notes offered by this organization pre- sent an investment unsur- passed for safety. Our PROTF( TED by twice Services in preparing these their value in rigidly Notes, collecting your in- appraised Northwest resi- terest when due, etc., are dential property, the First given you without charge. BOSS ANb PHELPS HOME OF HOMES 4 1417 K Street Main 9300 / oS R e T TS LOAN —oh First Mortgages on improved property in Washington. Cur- rent rates. Prompt service. | SHANNON - & LUCH 713 & 715 14th St. NW. Main 2345 3 JOHN JOY EDSON, President FRANK P. IDE, Secy. 1 (lrE'!nn-d Ii( 9 145th YEAR PLETED Assets $1,912,132.68 Surplus ..$1,317,011.44 have been standing for years. And one of the most notable of his records was made on April 24th, 1925, when he swam 100 yards in 51 1-5 seconds. On April 1, 1925, Hensey Company completed its fifty-sixth year in the first mortgage business without loss to an investor, a record in another field no less remarkable. Only this record has brought safety and comfort to thousands of investors who have selected first mortgages 4s the most suitable investment and this com- ‘pany as the most dependable. The fact that our. first mortgages now yield 674% makes this record one you should use to your benefit. swmzzu_ lggflzm gflmano 56 Years Without Lioss to -An- Investor Equitable Co-operative Building Ass’n Subscriptions for the 88th Issue of Stock Being Received stematic Habit The S i ‘} The systemat saving habit is no wise person should It's a hal at accon greate saving. Our suggestion to you is— SHARES | adopt this saving habit, and 32.50 deposit something each pay day, and you'll be on the PER right road to financial in- MONTH dependence. 915 F St. NW Records == Prowess! No man has achieved such feats ler, “ho has =hattered many of the old swimming marks which Swartzell, Rheem & Sireet, NW ™ shmgtmn.D.C. 27 INVESTMENT BLDG. Main 9392 Quick, Courteous Action | 1 5 to Loan on Ist, 2nd and 3rd Trosts | Advanced for Payment of Taxes [ hed "o dfieidual wnd corbarate usmz\cr PLOANS AT LOW RATES ‘ District Loan Procuremept FRED T. NESBIT | Company 219-223 Kellogg Bldg., 1422 F St. N.W. Tel. Main 8070 The New York Life Insurance Company Offers to Make First Mortgage Loans on Improved Real Estate In the District of Columbia and Suburbs for 3, 5 or 10 Year Periods Houses Apartments Business Properties Office Buildings 5v%% ON APPROVED SECURITY Apply RANDALL H. HAGNER & COMPANY MORTGAGE LoAN GORRESPONDENT RRRRRR @ Ne 1321 Gommecticut e nue, Telspilicrie Kain 9700 IR TR R IR N Rl R LRI J@@WJEIE@!L LR R IRV RIE) FOR INVESTORS MORTGAGE NOTES IN CONVENIENT DENOMINATiONS ON IMPROVED PROPERTY in DISTRICT v COLUMBIA H. L. RUST COMPANY 912 15th Street Main 6888 | | | | | SERVICE and SAFETY Nationa! Mortgage & Investment Corporation 811 Vermont Avenue N.W. Deals in the Best Real Estate Securities First and Second Trust Notes and Ware- bouse Receipts are purchased at fair rates Its 7% First-Mortgage Notes, SECURED by Iinproved District of Columbia Real Estate, Are a GOOD INVESTMENT. Offered in denominations from $250.00 UP. == TRAVELERS' Scus OPEN until “etkeorr - || 5:30 pm. Today SAFE DEPOSIT —for the special con- venience of our many BOXES Savings Dept. patrons. fNow's an opportune SPECIAL time to become a DEPT. FOR “Metropolitan” thrift- LADIES worker, if you're not one aiready. §1 or FOREIGN more will open a sav- EXCHANGE ings account. Organized in 1814 397, | National —vivew-o «wcoe | fetropolitan Ban el 15th St., Opposite U. S. Treasury SOMETIMES OVERLOOKED The quality of a FIRST MORTGAGE —is determined not alone by Quarter the property on which it is se- of a Century of the organization that offers cured, but also by the quality Without the mortgage. a Loss B. F. SAUL CO. Main 2100 925 15th St.