Evening Star Newspaper, June 3, 1925, Page 31

VWINANCIATL. * 51 Equitable Co-operative Building Ass’n MOHN JOY EDSON, President FRANK P. REESIDE, Secy. Organized 1879 45th YEAR COMPLETED ANy .. ..$4,942,132.68 Surplus ...........51,317,011.44 Subscriptions for the 88th Issue of Stock Being Received THE EVENING STAR, WASHI NEW YORK CURB MARKET || NEW FREIGHT IDEA "°&“§Q{$o§“}f:fim | e O 5Y2% ||l First Mortgage Loans o !l Washington Real Estate We always have on hand an adequate =upply of money to loan at lowest rates of interest: and we are now loaning our money_at 513 % I Yesterday's Break Partly Overcome i by News of Drought in ; ! Belt. Railroad Adopts Store De-| - I Jivery Method and Inter- |~ ¥&w VoK. June BY WILLIAM F. HEFFERNAN, PRICES HOLD FRM | prices in the curb msrket are stress- ing the point that for the past month or more it has been nothing more than a narrow professional affair. with the materfally_through formation of the Dupont Pathe Film Corporation through which it will purchase its raw film for use in this country. Op- penheim-Collins, crossed 45, where 1t was selling al a premium above the price at which it was offered for puh- e subseription. Light Receipts *Strengthen $ystematic $aving $pells Success & NEW YORK. June 3. The hreak in | | Potato Trade—Eggs and Meats Steady. Very light supplies of old potatoes and only moderate supplies of stock have resulted in making potato market strong Because of fairly good supplies of other vegetables, however, the de. mand fo potatoes is reported as be. ing only moderate. Irish Cobblers from the Carolinas as high as $5 A . harrel, $4.50 being ‘the low price for a few small on Sacks of old potatoes brought $2.7 Only moderate demand for light supplies of Texas onl was repori- ed. Standard crates were quoted at $4 and $4.2 Spring onions from nearby farms are only fairly plentiful. Moderate supplies of tomatoes from Florida and Mississippi are suppi A moderate demand. ucumbers are plentiful, while the supply of peppers Today's Wholesale Prices. tub, 61: prints Fancy 52 packed Fancy. sele 5: average receipts Poultry—Alive: atore ed. candled. 33a 31a81 Broile; 35: heavy fowls geese, 12al5; duck Dressed: Fowls ducks —Calves, chol 10a11: lean. Sa Lambs 312a14. Live hogs, 12 al, 18: Spring loins, 31432 15820 e 101y 1 shoulders and Vegetable Review. +v's market repori on fruits and tables, furnished by the Market s Service Bureau of Agricultural omics, says Cantaloupe: mand zood, Imperial Vi 100 light: de California, suppli market firm lley. salmon tint jumbos, standards. 36s. few stand . 8£50: jumbo flats, 9s and 12s ards “ucumbers—Supplies moderate i moderate, market steadv; South olina and Florida. bushel hampers and hushel crates, No. 1, fair quality. 0a3.00; No. 2, 1.50a2.00: Virzinia Narfolk section. hotbed stock. few males. hushel hampers. 5.00a5.50 Onions—Supplies light: demand moderate, market steadv: Texas and California, standard crates, yellow Bermudas, U". S. No. 1, mostly 4.2 Peaches—Supplies light: deman: maoderate, market firm Caro s, Mavflowers few 3.50. Strawbery Receipts Light. Lettuce—Homegrown supplies era and supplying the market Potatoes, old stock—Supplies light; demand moderate; market irm: New York. 150-pound sacks, round wh 1. S. No. 1. 2.75; few higher. New stock—Supplies limited: demand moderate, market fairly steady: South Carolina, cloth-top stave barrels, Irish cobblers, II. S. No. 1, 5.50a5. orth Carolina. cloth-top stave barrels cobblers, U. . 1. 5.00a5.50; mostly 5,50 Strawberries—Homegrown, receipts Wzht and supplying the market. Tomatoes—Supplies liberal; demand moderate, market slightly ' weaker. sippi, fours. ripes and turning apped. No. 1. 1.50a1.65 Better Melon Demand. Watermelons—Supplies light: de mand moderate, market _steady: Florida. Tom Watsons, 30-pound average, 1.10al.15; 28-pound average. mostly around 2.24-pound average, mostly String beans—Supplies light: de- mand good. firm: North Carolina, 5 green, fair quality. 4 00a5.50; - few higher Fggplani—Supplies light, market fairly pepper crates 1, 3.00a3.50 Trewberries—Supplies light; demand moderate, market steady: North Caro * ifna, 32-quart crates, mostly 4.50a5.00. Squash — Supplies light; demand limited. market steady: South Caro- Iina. bushel crates. white, 1.50a2.00. according condition; vellow, mostly 2.00. TREASURY CEliTIPICATES. {Ouotations furnished by Redmond & Co.! mod demand Florida. light steady; SECURITIES. by Redmond & Co ) SHORT-TERM (Quotations furnished Americ Amer Anaconda Copper 6 Associated Ol s 19 Baltimore & Ohio_6x 13 oy f o T 8E RESG R ey & Goodsear reat Northern o1t on Corp. P Fock. Val. R. R Hemble O B34s Tahich Pow. Sec. € MNP &S S Mbirs & Co 7738 195 New Yors Central 6s 1938 Otégon Short Line 4s 1920 Pefna, R_R. 7a 1930 Pure Oil 5%, Angust, Switt & Co. s 103 Tidewater Oil Blas 193 Tinion Pac 4 men Tank <. Rubber 7 Western Union 815 tinghouse E.&M FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibbs & Co.\ Nominal Selling checks gold value. _ today $4.8605 $4.86 53333553593332352025 = 1928 ¥223323352323335333232228388 2850330 HEPLLEPER, 333383 w. 7s 1931 1087 Loudon. pound ontreal” dollar Brmeels. frane Revlin. mark Rome. lira 7.1 0h Ativens 0497 0484 2381 0404 1938 0188 1856 000014 15 00014 02081, Madrid vianna [Rudanest Prague. crown fWarsan . 7lot & 1930 openhagen. o 1878 Fhristiania 1878 tncicholm 2678 NEW YORK, June 3 (#).—Foreign -hanges firm. Quotations in cents: Sreat Britain, demand, 4.85%: cables, ¢36. 60-day bills on banks, 4.81% [France, demand, 4.97; cables, 4.97% demand, 4.04; cables, 4.04%. De- Belgium, 4.83; Germany, 23.30; olland, 40.1 16.75; Sweden, Denmark, . Switzerland, ; Spain, 14.54: Greece, 1.66; Poland, Czechoslovakia, 2.96; Jugoslavia, : Austria, .14% entina, 40.15; 1%: Shanghal, real, 1.00 1-64. crown BUTTER LOWER TODAY. ("HICAGO. June 3 (#).—Butter— fer: receipts, 10.749 tubs; creamery ;| 42%: standards. 42%: extra $41a4174; firsts, 39a40; seconds, Sxge—Lower receipts, 20,063 cases Arsts. 29a30; ordinary firsts, 281 aloraze pack estras, 31%: firsts, 3L 45a48: | de- very | Irish | | general body of stocks varying little, {but with the upward tendency pre. dominating. | Pathe Exchange class A | came to the front Tuesday up almost 4 points further tention that which was bid n the con the company ' will hanefi new | the NEW YORK. June Followin; is an official list of honds and stocks | | traded in on the New | Market today | BONDS. ' York Curb Low. 811, & Alum 7% new 1073 45 Am Gan & El fs. 27 Am Qce 8 15 Bell 1 i Beth & Can 500 ach 16 4 it Serv in D sarv Kt E Sarv P& T Bk Serv Be wor s E 108 ¥ wi 100, Tips D 11014 83 ' T 332852358 =, = 2 39223253 SEZIRRL 593 SRIRLIR. 2 s 1 Det Cits_Gae an" 108 ° 1 Detroit Ed Gs. o 1 1Det 'Ed ba B i 100 SDun T &R 7a. 103 General Pev 6. 1013 % tEFENES S N 2335555303 rand Trunk 6 b 108 Gult Ol Corp Bs.. 1 fiood Rubber = >255552553055 030 32 SR SRBES =322558 peeoEs2555 £33 52352333 | B | o 3o Snratinn: 3 | 25 225322 P 28 PSS 201 8 3 i i 2 i Pure Oil Cq [ "3 Shateheen ! iSou i 31 Stand G I 71stna % or A1 4 e a7 Sun O11 5138 | 325win’a Co'be Tranwo O T 1 E & E6R180 4 1T Sro7 28, a0 s Solis 233 39 8832222223833 SRR 03 o 2999355550300 PR | 1 | 3335532 s 299 a FOREIGN BONDS. 40y Graz Se o8 49 Est BR France § French Nat 7s 25 4 | 2 Swiss Govt B3s iwiss Govi Hs Tohe El Pow C 7s STANDARD OIL ISSUES an)ts. 300 Anglo Am 0l 2314 | 710 Buckeye P L &1 100 Chessbr M1z 5915 10 Cumberland F L, 3300 Humble Ol & R | TzomPL 1% 400 Imp Ol Can new 32% 10 In : 21 2000 Tnter Pet C Lia. 300 Nap “Transit 50 Northern P 100 Ohio 01 | 300 Penn Mex Fuel | 3300Pria O & G new 583 | 7180 Prairie P 1. 121 | .30 South Penn 011 . 188 2552 o $sdes! 555y & EEEES T i 2 INDEPENDENT OIL STOCKS undreds. 111 Am Maracaibe © 18 Am Cont Oil 1 Carib Synd | 25Cit Serv : 1Cit Serv pfd. . 2 Cit Ser B cfs. i 3 Columbian Synd 54 Continental 48 Creole Synd | sal |in G5 B Ea Washington Stock Exchange SALES, Washington Gas Light. Washington Rwy. & E! 13 81 83,7 a1 83. 16 =t & | © Lanston Monotype—10 at tat | 10w 2518% | © Merchants' Transfer & Storage Co.—12 at | {120 | Xational Mige. & Inv. otd—30 ar 8 | 507at 27 50 av 2% | AFTER CALL Washington Rwy_ & Elec pid.—10 at 83, Wathington Gas 8a 338500 ar 104 Money—Call loans. 5 and 6 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY American Tl & Telga. 4 Ao & Teiga 4 a0, Am. Tel. & Tel. ctl. Am. Tel. & Tel. conv. 6 ‘Anacostia & Potomac B5s. Ana. & Potomac guar. b, C. & P. Telephone bs. C: & P Telephona of Va. Camital Traction R. K. Su | Gty & Suburban 5 Georgetown Gar 14t b3 Potomac gk" Ist 5’5 Potomac Elee. cons. 5% A Potomae Eiee. 68 1083. .. 0 108 Pot. E. Pow. g. m. & rer. 7x 10% Wash,, Alex. & Mt. Var. 5s. 16 Wash.. Alex. & Mt. V. etfe Wash.. Ralt. & Annap. 5 ‘Washington Gas /s ington Gas As ... . & Flee. 4a. & Elec. gen. 8s MISCELLANEOUS. Stk. L4. Bk. 5a 1m Realty hs (long)... #l“,: Riges Realty 58 (short) .. a8 Souchern Bldg. 638... 0 .. 101 ‘Wash. Mkt. Cold Storage 5s. 93 Wardman Park Hotel 8e.. ... 101 STOCKS. PUBLIC UTILITY. 140 R T 2533825 exe 20 & Amecican T Capital Tract w“""fl"fl"v: Rertol &, T Sed " Rwy. & Klec. pfd inal Taxi com.... .- NATIONAL Capital National... . Columbia ... Commercial BAN | Lineoln ! National | :x‘lld S Bank ot Wadn. ‘Moirepoittan.. { Tinion ‘Trust Wash. Loan SAVINGS BANK. ree & Savings Commerce & S Security Savings & Seventh Stree! - Tnited States 3 ington Mechanics' FIRE INSURANCE. en's Kational Union.. TITLE INSURANCE. Title. . & S Botare e 148 "MISCELLANEOUS, D. C. per_pld. = | Merchants' Tran: Mergenthaler Linotype. . Natl. Mtge. & Invest. pfd... Qld Dutch Market com Old Duteh Market pfd... Lanston Monotype . ... . - Security Storage. Washington Ma: Ye! SNETECTRI - . | aut D 5437 - lar; No. 1 Northern, 20.00a20.50; No. Squeezing of the heavy short inggr- est in Chrysler Motor was coincident with the further run-up in Maxwell ix- sues on the stock exchange. Oilx we; left to drift for themseives and little change was recorded in either direc- | Od Corp Gulf Ol of Pa Kirbs Pet °1] Lago Pat 2 Marland Mount Prod Fuel Gas w Bradtord ‘0. w Eng Fuel w_Mex Land Y _oil ¥ 1 Ohio Fuel Corp 1 Peer Oil Corp 1 Pennok Oil Corp. Foster Oil Can O & R 1 27 Wileox 0 & G INDUSTRIALS 8 Adirond Pow 23 T3 Adirond Pw of is 105 1Am Leather pfd 424 i Am Chicls ris wi .38 Gas & EI A2 T & Tract, 168 L & Trac of Po & Lt nw Pw & Lt pfd Rason ~ Prod Superpow & 22 Ar Suparpew B TArm & Co B vie Armour Lex pfc Asso Gas' & F] Boissonauh G ¢ 214 Borden Co i & Co nw & Co s & €S w one M mon P C P Cnv w 630 Common P € war o0 Cons G Bal nw Cont Bak A 132 Cont Bak B nt Bak pfd uha Co ACub T € vio I Curtiss Aero M 1€urt Aero M pid 1 Cart “Assets Cor &De For R € vt 9 Doehlar Die € & Dubilisr € & Ra & Dunhill ¥au) 1. 23 Durant Mator 113 B Bd & Sh' pid 4% 1 Bd & Sh n cor 99 El Invest Ine.. 1El R Secur Co 1'4 Elec Auto Li Eureka Vac C.. 7 Fed Met 'y Ford Mot ® Framc HH Mt 3 Freed Eiremann 18 Gab Snuh Mfg A 10 Garod. Carn 'y Gen G&E cv 1 Gen Outdoor AC. Gillette SR .. 881 Glen Alden Coal 128 18 Goodsear Tire T 7 Grennan Bak . 6 Grimes R&C R 4 Hall Swit & SC 11 Happiness C St A 3 Hazeltine_Corp. ” Heyden Chem 1% Hercules Powder 1} Hercules ptd 1 Horn & 'Hardart Imp Tobacen < Intl Coner Ind ¢ 41Int] Match C pf 11 Relvinator € 1 Lasalle Ext Uni 71 Lehigh P sec vt 1 inLenign VC N € 2 Lenigh V € & N 100 4L R Ch Stra . A% 1 Lupton F M 4 1 Marc Wire € Lid IS2URETATSEE Sprich > 31 " e g 33 Soni s Mengel Box 245 Midwest Uti) 1 Midwest U pr h 102 7 Midwest Util_rta ‘s Miss ver Pow i Moore Dr_For A 3o Pecap c. 28 Music Master ¢ 8'; Xat Pow & Lt s Nat Tea Co 1 Nock PLaw pt wi 4 Nizer Corp A 22 North O Pow C 134 Nor Statea P €1 18 Nor 8t P C war 1A QBrnncien & Col S )ppenheim ‘ol b 147 Pathe Ex Ine A 65 74 Pow Corp of NY B5% 1 Prophylac Brush 413 1 Pug Sound P&L 58 3 Purity Bak A... 457 19 Purity Bak B R Reid Tee Cream % Rom Noisel TC A 41 4 Repetti Candy .. BRFD - eSS RN ss¥nnas, 535 I ooy I3 4 o) s 5 e, S R ADRAA RO T, * as a3l SRSRRIE @ 382a 0 3! 3o 05 B 23735 13 RA=S o o S5 D mea R, w3 B aF L5388 -5 ., et Pow. .. ite RMSpr ag, Spen SUC cw Spen SUC iiset n pfd wi 140 Ariz_Globe C.. 4 Calaveras Con 1 ey Wines 22 Chino _Ex* “ons Con Mines = Cortes Savar.. [ 03, resson G 3% 2 Eng Gold M Lid 431 30 Bureks Croesus. . 0Fmm Th G M 10 Forts Nine M 10 Hawthorne M 1 10 Hl Ton Nevada 0 23 EES 2 e P PR PR it ok N ¢ [ 3 o o P z z 13 waRBe=320 I oo 4 Unity Gold ... . 38 Utah_Apex % 11 Wenden Cop . L4 NEW RAIL DIRECTORS. CHICAGO, June 3 P).—W. C. Pot- ter and Joseph R. Swann, both of New + York, were elected to the directorate of the Chicago and Eastern Mlinois Railway Co. today at the annual meet- ing of stockholders. e TODAY'S. METAL PRICES. | NEW YORK..June 3 (#).—Copper, i jelectrolytic, spot and futures, 13%. Tin, eas pot and nearby, futures, 54.75. Iron, irregu- 2 Northern, 19.50220.66; No. 2 South- ern, 20.00a20.50. Lead. steady; spot, 8.4028.75. Zinc. easy; East St. Louis pot and futures, 7.00. Antimony, spot, . 118.50. CALL MONEY LOWER. NEW YORK, June 3 (®).—Can money—Easier; high, 4; low, €3%; ruling rate, 4; closing bid, 3%; offered at 4; last loan, 3%; call loans against acceptances, 3%. Time loans—Steady; mixed colluteral, 60-90 days, 3% : 4-6 months, 3%a4. Prime commeércial paper, 3%a —_— NEW STOCK SOLD. NEW YORK, June 3 (#).—Over subscription was announced today of an offering of 30,000 shares of Inter- state Power Co. preferred stock, vield- ing an annual $7 dividend. “1New England, but 3 | ample, has a chassis 35 ‘eet long. with * | “The . {have traced down each jolt and City Service. i RY 4. C. ROYLE. Special Dispatch to The Sta, BOSTON, June Transportation | men from’ all parts of the United | | States today are watching the result | of the store-door delivery of freight by motor truck, inaugurated this week by the Boston and Maine Railroad. Merchants, shippers and transporta | tion men have approved store-door col- | lection'and delivery in principle. They have failed as a certain factor in dis- tribution of the future. They have followed It In isolated instances on a | {small scale. But now they are watch- Ing its practical application to present- {day conditions. New Idea Far-Rea value undoubtedly will wide effect on a score of in | dustries. {1 will inuence motor car and truck manufacture, the produc tion and purchase of raw materials the sysiem of buying manufactured £00ds of various kinds, the regulation of traffic. development of highwa electric and sieam rail transportat taxation and a score of other‘tlements of husiness life. The first shipment of > and Maine consisted of 1800 pounds | of miscellaneous freizht consigned from Boston to Lowell, 28 miles away. The load was picked up by Boston and Maine trucks around Boston. A similar shipment was dispatched 1o Lawrence. The various parts of the shipments were delivered direct to the | consignees in the same manner as they were collected ing. Its proved have a ¢ the Boston Special Organization Formed. The rallroad has organized a separ ale corporation (o handle this busi- | ness, known as the Boston and Maine Transportation Co. It plgns to have a large number of trucks in service hoth for the long-distance hauls and for collecting the freight in the larger cities served. Under old conditions. | | the larger part of this leas than car |load freighi came into the Boston i classification yards and was subject 10 unavoldable delay. Rates at present are hing hased on | classes of service. (1) station 1o sia-! tion without cartage. (2) statfon 1o sta- | tion with cartage at efther end. and | (3) cartage service within Boston | i Lowell and Lawrence. The rates also| |are zraded according 1o volume and | zones. For example, the rate on 11,000 pounds from Boston terminal to | Lowell terminal would be at the rate of 20 cents a 100. From downtown Boston (o the interfor zone at Lowell the rate would be 34 cenis. The trans. portation company has contracted with local tfucking concerns in the rearby 1owns to handle the deliveries {its own trucks cannot perform. | Bus Business Kxpands. | The transportatoln of passengers /by bus also is assumirg large propor | tions not only throughout northern between Boston and New York and way points. Russes are now being conatructed on a larger | i carrving capacity basis than ever be. | | fore. The Mack great coach, for ex |two sets of rear wheels. Other bus | manufacturers are builing vehicles on a similarty extensive and luxurfous | scale. bumps. which discourazed many early-day bus riders are being | | eliminated by means of new engineer. | ston and shock insulation. Engineers | have mounted sesmographs on buses, | resuiting from vibration or road in-| equalities and taken stepa to obviate | them so far as possible. It is claimed that the rubber shock insulators used iby the Fifth Avenue Coach Co. save| the concern $%0 per vehicle a vear in wear on parte | The effect of high prices for her may cause discontinuance vse for purposes not connected with automobile and tire manufacture. Sub- stitutes probably will be used in the manufacture of many hard rubber | products, and reclaimed rubber also will be extensively used if Secretary | Hoover's advice t= followed. } RAW WOOL JUMPS. I Cotton Good:‘:cl:;emnm Very | | Quiet Again Today. Special Dispatch to The Star. | |, NEW YORK for cotton cloths. continued today to| rub- | dicating a possibie large crop. The| |trading was very qulet with a softer | {tone in evidence. The §8x72 print | jeloths slumped 3 to 10's cents. 1 Raw silk took a spurt of 5 cents a! pound in most grades with XXA at| $6.55: XXB, $6.50: $6.45: best number 1X, $! | Canton, BIVIDENDS. Period. Rate | Corp Atchizon of.. .. Am. Woolen pf.. ATl Am. Cables. Am. Express Co. Am. Csanamid. Do. Pasable 1 i 5 cH - £ o e BRSO ARSI NEW YORK DAIRY PRICES. NEW YORK, June 3 (#).—Butter —Uunsettled; receipts, 17,076 tubs: creamery, higher than extras, 43a4. do., extras (92 score), 43; do., firsts (8 to 91 score), 417%5242%: packing stock, current make No. 2, 27%a28, Eggs—Steady. receipts, 43,181 cases. Fresh gathered firsts, storage packed, 33a33%. HIGHER RATES ALLOWED. [l ! Over the protest of the Loulsiana Farm Bureau Federation and other | shippers’ interests, the Interstate Com- merce Commission today allowed rail- roads to increase rates on fertilizer from New Orieans to inland Louisiana points by frem 10 to 70 per cent. g STOCK MELON DECLARED. NEW YORK. June 3 (®.—The St. Joseph Lead Co.. today declared a stock dividend of 25 per cent in addi- tion to the regular quarterly cash dividend of 50 cents on common stock. — FLOUR UNCHANGED. MINNEAPOLIS, Minn., June 3 (®). —Flour—Unchanged: shipments, 32, 911 barrels. Bran, 27.50a28.50. Wheat —No. 1 Northern, 1.63%a1.66%; July, 1.62%; September, 1.54%. Corn—No, 3 vellow, 1.08%21.08%. Osts—No. 3 white, 43%244%. Flax—Ne. 1, 2.708 Money to Loan Secured by first deed of trust on real sstate. Prevailing interest and Joseph 1. Weller 426/ Warh. Trast Blig., 9th & F N.W. ing developments in spring_suspen- ! | of its |l ' —on T June 3.—The market M reflect the cotton condition report in- | i the cotton market was followed by moderate rallies early today. Cover ing by traders which had soid on the Government erop report was pro- moted by relatively steady Liverpool cables and uncertainty as to the show. ing of today's weekiy report by the Weat Burean owing to drought complaiuts from the Southwest. Home trade buving also was ported and. after opening firm at an advance o' 9 to 12 points, active posi tions soon showed net gains of 18 to 22 points. July selling at 22.81 and October ar 22.24. There was enough quiet at the end of the first hou prices showing reactions of 9 ¢ points from the best with 10 ve- | } | jselling (o supply the demand at these | figures, however, and the market was | New York cotton fulures closed steady at | net advance 3f 29 to 50 points. Detoher December January 3 March 3 Opening —daniars. 2101 A e Ortoer, ‘ew Orlenns Has Holiday W ORLEANS, June ton and ce exchanges wers here todav, Jafferson Davis' hirthday. Mune 3 fowls. 74 turkeys, 2 he cot CHICAGO, alive higher roost 3 geese Quick, C urteous Ac one. Money District Loan Procurement Company 219-223 Kellogg Bldg., 1422 F St.N.W. ~ Tel. Main 8070 FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President brollers, ducks, 13a tion Corporute LOANS! LOANS! LOANS! WE MAKE THEM FIRST TRUST LOANS SECOND TRUST LOANS REFINANCINC Consult Our Loan Dewt N. L. SANSBURY CO., Inc. J V. W First Mortgage Loans Lowsst Rates of Interest amd “ommissien sher & Company, In rst Mortgages on improved property in Washington. Cur- rent rates. Prompt service. [SHANNON & LUCH 713 & 715 14th St. NW. Main 2345 closed | o= E. Quincy Smith, Inc. 909 15th St. WANTED Second Trust Notes This company has funds available for the purchase of all kinds of second trust notes, secured on estate in or close to real D C Prompt Service ElWashington “‘lnvestmenlm | Transactions Co. 713-15 14th St. NW. Main 3662 = National Public Service Corporation 614 % Sinking Fund Collateral Trust Gold Bends Due February 1, 1955 These Bonds constitute anly funded debt of Corporation and are specifically secured by de- posit with Trustee of all the common stocks of subsidiary companies owned by National Public Service Corporation. Farnings statement shews bal- ance available for annual inter- est on these Ronds to be over 31 times requirements. Price 97V and Interest Yielding 6.709%, Descriptive circular 4-569 semt upon request. Founded 416 Woodward Bidg., Washington New York Denver, 1876 Roston Chicagn, Philadelphia San Francisco $70 a year on $1,000 OU can obtain this return on a $1,000 Smith Bond, or a proportionate returnon the small- er denominations of $500 and $100, with the proven safety evidenced by our record of ne loss to any investor in 52 years. These 7% First Mortgage Bonds arestrongly secured by improved, income-produacing city property, and, through serial maturies, the margin of security for investors is constantly being increased. You may invest for any period 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 No Loss to Ay Investor in 52 Years Smith Building, 815 Fifteenth St. THE F H. SMITH COMPANY Smith Building, Washington, D. C. ! Please send descriptions of your current offerings of 7% First Mortgage Bonds to: Name Address ... WANTED a man who can write letters that sell bonds A man with a successful record as a sales correspondent, and preferably with some knowledge of investment banking, is re- quired by a \Washington, bond house. You may give full particulars with the as- surance that your letter will be held in strict confidence. Address Box 335-V, Star Office AMPLE FUNDS For Large Loans - BlL%p - On Improved Property in the District of Columbia WEAVER BROS. 735 15th Street N.W. - in savitz. The systematic plan of the Eqintable has resulted in de- L. many who were formesly pendent NOW INDEPENDE Thus, it evident our saving plan is the best for results. 915 F St. N.W. RE ¥ The Prudence Company, Ine. A% of New York y.Y] Invites Applications for i Construction Loans Long-Term Refinancing Amounts of $50,000 and over FRED T. NESBIT# Loan Correspondent * Investment Bldg. Main 9392 e 'y PR The New York Life Insurance Company Offers 1o Make First Morigage Loans on Improved Real Estate In the District of Columbia and Snhurbs for 3, 5 or 10 Year Periods Houses Business Properties Apartments Office Buildings 5%% , ON APPROVED SECURITY g " : g i £ 5 0 O O Wk 0 OOV 10 O Apply RANDALL H. HAGNER & COMPANY MORTGAGE Loax GORRESPONDENT oNe23/ Bonnecticut Foenm, TelphiomeMain 50 APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Laocated in the District of Columbia and adjacent Subwrhs in Mentgomery County, Md. 53 % INTEREST ;fl pply ro H. L. RUST COMPANY LOAN CORRESPONDENT Bse PRUDENTIAL INSURANCE COMPANY o AMERICA 912 15th Street N. W. Main 68338 KNOWLEDGE COMES FROM EXPERIENCE Investors in our FIRST MORTGAGES have the satisfaction of know- ing their investments are made Ouieter on. wide experience and sound of a judgment. First Mortgages Century Wthout a Loss offered by this house are safe— always. L CO. 925 15th St. NJW. B. F. SAU