Evening Star Newspaper, June 8, 1925, Page 23

FINANCIAL. NEW YORK CURB MARKET Received by Private Wire Direct to The Star’ Office BY WILLIAM F. HEFFERNAN. NEW YORK, June 8.—The ofl shares again today commanded most sattention in speculative quarters. Buy- +ing of these stocks, which began to make itself felt toward the end of iast weex, gained momentum at the outset and prices were carried sub- stantially above the Saturday level. The fact that increases reported from week to week in domestic output were being more than offset by heavy NEW _YORK, June 8.—Following is an official list of bonds and stocks traded in on the New York Curb Market today _Sales in thousands. 1 Am Sum, Tob 7 fl Andian Nat C S0re] SRR FELF i FIFrEr 0 Nor States P 6138 104 28 Nor S P M 83 C117 G & E B8 a E 58 14 Bhila Rap Tr 05 8 Pure Oil 63%s 5 Sou Cal Ed withdrawals of both the crude and re- fined products from storage appears to be having more effect upon the market for ofl stocks than it dld a month ago. New high records for the vear were made in Gulf Oll of Penn- sylvania, Humble Ofl and Mountain Producers. Tllinois Pipe rose 5 points to 139, while Standard of Kentucky and Indiana were other favorites. The volume of business fell off de- cidedly in other sections of the market. | 138Gult Oil of Pa 73% 5 Kirby Pet 3 157 Lago 1 Livingston “Pe 1 dureay i, t Pro Brn!(nrd 0 rihwest OIf - i Pet PERFERE SR P Wo “-‘n:iluehp Pl g odiey Pe 2 ’x'tvus-rm.u,s 7 Adirond 87 AmThs & 0 I Am Hioeaiien 88 10 Pow & L nw 61% Pow & L pt Rayon Prod 3 Superpow 1 Car Light, 1 Celluloid 1d . ] St bine Bor: 7 Chapin_Sacks Co 0 Chatterton & Son 2 Am StP n vie wi BASIP n vte pf wi 1 hilds Co pfd. .. Eliomsmaa e THE EVENIN SCATTERED SHOWERS SEND COTTON OFF ‘Week's Trading Opens With Lower Quotations—Decline Is Slight. By the Associated Press. NEW YORK, June 8.— The cotton market was lower early today on a more hopeful velw of the southwestern | weather outlook. Private advices re- ported good rains at one point in northeast Texas, while thgre showers In some of the wmern sections. New York cotton futures closed ey at net decline of 73 to 89 poini Hieh, ”l;fl\n Ranse New Orleans Quotations. NEW ORLEANS, June 8.—Reports of scattered showers in the belt Sun- day sent cotton prices down today. First trades showed losses of 5 to 12 points . followed by further declines that made July 22.87; October 22.42 and December 22.50 or 21 to 25 points below Saturday's close. On covering the market rallied to the opening flgures ew Orleans cotton futures closed easy at net deciine- o1 73 o 55" Hointe. STAR, WASHINGTON, / Money to Loan Secured by first deed of trust on real estats. Prevailing interest and commission. Wi Trust oth & F N.W. FEDERALAMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President were |~ Money Available for First Deed of Trust Loans 637 Interest Prompt Replies to Applications JAMES F. SHEA 643 Louisiana Ave. N.W. ¢l JOHN JOY EDSON, President Organized 187! Assets .. $4,942,132.68 - REAL BTATE_‘LEAN"'S— 537 iR RESIDENCE LOANS AT LOW RA’ FRED T. NESBIT INVESTMENT BLDG. _Main 9392 Equitable Co-operatignenguilding Ass'n Subscriptions for the 88th Issue of Stock Being Received $ystematic $aving $pells Success 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 —msureHyour protection. Percy H. Russell Co. 926 15th St. NW Secy. PLETED LS5 011,44 45th YEAR C * D. 0, -MONDAY, JUNE -8, 1925. S PROCUR‘ ED Money Cemfl-u ‘and |-d|v|3u.f‘fl'.- eing: Four financial problem 1o District Loan l’rocmmep’ Company 219-223 Kellogg Bldg., 1422 F St. N.W. __Telephone Malin 8070 Quick Actls [o———|o|c——-10 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 Elyashington Investment= and Transactions Co. 713-15 14th St. N.W, Main 3662 FINANCIAL., The New York Life Insurance Company | Offers to Make Pirst Mortgage Loans - on Improved Real Estate . In the District of Columbia and Suburbs for 3, 5 or 10 Year Periods Apartments Office Buildings Houses Business Properties S%% ON APPROVED SECURITY Apply 7 RANDALL H. HAGNER & COMPANY MORTGAGE LoAN GORRESPONDENT o> ,ezf‘&uu Liceul Hoenue, TelyphonaHizin 3700, —in saving. The systematic plan of the Equitable has resulted in many who were formerly de- pendent NOW INDEPENDENT. 6 Cleve Auto Commonwith P'C 153 23 Stand G & Ere it T e P FLFRER BE OREE TEE SHARES Strength! It isby the use of latent strength that people are able to forge ahead in this race course of life. And it was some sort of this per- sonal latent stremgth in the four big 450- horsepower motons which enabled Gar Wood’s motor boat, Miss America II, to establish a new world’s record of 80.6 mlles per hour for six one-mile trials and, more recently, to shatter, by a margin of 25 minutes, the run- ning schedule of the famous Twentieth Cen- tury Limited, in a thrilling race between Albany and New York City. It is the latent strength of the organization of Swartzell, Rheem & Hensey Company which has enabled it to forge ahead in the investment field. This strength is symbolized in its record of 56 years without loss to an investor. It is a strength which guards care- fully that which has been achieved as well as forging ahead to new goals. You may profit hy this strength by invest- ing in our first mortgages and may forge ahead by receiving the present yietd of 615%. EEM &HENSEY CO.. SW 'g}bret NW" 3 shington.D.C. Thus, it is evident our saving plan is the best for results. 915 F St. N.W. We offer a limited number of 79, First Trust Notes secured on D. C. property in the Northwest section of the city. » WM. S. PHILLIPS 1432 K St. N.W. Main 4600 Doehler Die C C 087 Dubilier C & Rad acuum Oil 7s. .. 105% 1053 > Vebster Mil 0iss. 083 083 Invest Inc Auto Lite SAFE DEPOSIT BOXES. SPECIAL DEPT. FOR Give Heed —to_the importance of making your WILL. fMuch suffering and in- convenience often arise through failure of the “head of the home” to observe such an in- junction. fOur TRUST DEPT. invites appointment as Executor, -Trustee, etc. —regders_service that's at once efficient, prompt and economical 1 iss Govt 66 Toho EI Pow C 78 H0% 901 907 Sales STANDARD OIL ISSUES in units 900 Anglo Am Oil 400 Atl Lobos LADIES. 10 Borne Scrymser 50 Buckeve P L FOREIGN “r‘npgphr:hm‘mlx oo o o[ "G e 3 3 We Buy and Sell EXCHANGE. ‘ Liberty Bonds |[| "avecers Treasury Notes AND LETTERS Etc. OF CREDIT. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street Py 1 Lehigh Val Coa 5500 Tnter Pet C Lid S Teph ¥al 0 N 0 Maznolia Pet 0 2802 Our Savings —111 Years Old Dept. Pays Natmnal Metropolitan Bank 15th St., Opposite U. S. Treasury 2203050 Midvale Co. .. Motion Pic Cap € fusic Master C Vacuum Oil INDEPENDENT OIL STOCKS gey B D 1 e 13 D AN D9l Sales in'hdrds 18610 Rory neiw 1Cit Serv vfd Frompt Action First Mortgage Loam Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. A LG RLRSEBE552IES Fbhs EF 56 Years Without Loss to An Investor o 26 Pow Cor of N 1Pratt & Lamb C 5 | ¢ Encid 0 8 53 Burity Bl A 10 Gibson 0il Corp 2 16Ul Oil st 21 AR RO St : 3 SAL] ggp.rl‘u 'pmcu;n 51 o e ot o $5.006 a1 70, 5800 at $1.000 ESedeicd o) 51 2085 2 70 R P 1000 at 76, D c. Pnper 65—$1.000 at 85 at 85 Capital Traction Co.—10 at 95%. § at 053 05 h R\«\” & Elec. Wash: Toan & Truat Co Mergentivaler Linotype— 178, 5 at 178, v ATEE CALL rod Export Washington Gas 55—S500 at 100%. $500 | Ship DId—10 at 8% g fd.—5 at &3 O 5" 200 Loariy o@D G 22522 E R RE R “\ul Mtg. & Inv ‘Wash. Rwy. & Elec. com.—1 at \‘;2‘-, Money—Call loans, 5 and 6 per ceft. Bid and Asked Pric:s. BONDS. — PUBLIC LT!LI'!'YB % INTEREST is an attractive return. s mazc: Univer Pic 0 S Lt & Heat n American Tel. & Telga, 48 ~American Tel & Telsa. 428 Am. Tel. ctl. tr. 58 A®: Tel. & Tei. conv. 6 Anacostia & Potomac Anacos. & Potomac gu: . & P. Telephone bs & P. Telephone of Va. bs. Capital Traction R. R. bs. ity & Suburban 5 Seorgetown Gas Tet 5s. Potomae Eloc, Tst 5. Potomac Elec. ‘cons. Potomac Elec. 6s 103 —on First Mortgages on improved property in Washington. Cur- Prompt ‘When accompanied by a high mar- gin of safety, it is doubly desirable. PomuRom— IR e s 2 Wils&Co n pf wi MINING, 50 Ariz_Globe C.. $12.50 buys one share of preferred stock plus one share of common stock in the Mortgage Bond & Guaranty Corporation. rent rates. service. 19 ont 7 Gons Cop Mines 1 Cresson_Gold 5 ST ' Waeh' Bait Washibgton hington wy 79 Wash. Rwy. & Elec 101% MISCELLANEOUS LD, C. Paper Co. 68 83 “Pot. Joint Stock L'd Bk Bs... 101 Rigks Realty (long) bs..... D81 Riggs Realty bs (short)..... 98 Southern Bids. 6138 D101 Wash. Mkt. Cold Storage Bs. 2 Wardman Park Hotel 6s.. STOCKS. PUBLIC UTILITY. American Tel. & Telga, 10 Capital Traction . 05 Washington Gas 58 Norfolk & Wash. Steamboat. 215 . & Elec. pfd. 120 X 3. & Elec. pfd B2 Terminal Taxi com.. . 508 NATIONAL BANK National Capital = -LUCH The preferred stock bears an im- mediate return of 8%, and the com- mon stock, with its recognized potential earning power, promises a constant increase in value. First Mortgages have Played alead- ing role in the building of our nation’s ireatest edifices. They are the back-bone of Was on's prosperity today. And the Mort- gage Bond & Guaranty Corpora- tion operates only in this one type: of conservative security. 5 S 9B gen. Gs. 713 & 715 14th St. N.W. Main 2345 S Apphcatlons Invited First Mortgage Loans From $10,000 to $1,000,000 5%% Wardman Construction Co. 1430 K Street N.W. Main 3830. 6%2% First Mortgage Notes is ready for immediate deliv- uation, 509% margin of safety charactenze our mort- gage department. On Improved Property Interest Mortgage Loan Department Our June Issue of ery. Prompt and courteous service, conservative val- C. L. O'DONNELL, Mgr. Plan now to get 7% on July funds AKE sure of getting the security, the interest rate and the maturity you want by planning now for the investment of your July funds. Current offerings of Smith Bonds give you the opportunity to get 7%, with proven safety evidenced by our record of no loss to any investor in 52 years. ‘Youmay investin maturitiesfrom 2 to 15 years, and in denomina- tions of $100, $500 and $1,000. No deposit is required on_bonds “reserved now for July delivery. Mail the coupon now The F. H. Smith Co. Founded 1873 No Loss to Any Investor in 52 Years Smith Building, 815 Fifteenth 8t. THE F.E. SMITH COMPANY th Building. Washingten, D. C. 1 31 Utah Apex 2 156 Wenden Copper =, PRI e Your Banker Knows. When in doubt about a security consult your banker. It is equally as much his interest as yours to pro- tect your savings. You trust him with your deposits—why not trumt bim_with your investment problems® Ttors Phone Service Untll 500 P, Mortgage Bondd& Guaranty Corporation WASHINGTON, D. Cy (Incorporated under the laws ofVa.) AUTHORIZED \PTTALIZATION 250,000 Shares 8% Cumulative Rre- ferred Stok, Par vahie . . $1000 $2,500,000 250,000 Shares Common Stock, Par value $10.00 14th & K Main 9080 National Metropolitan Riges Natic Secon Nanonal Bank of Wash.. TRUST C¢ OMPAVY This is the first opportunity ever offered to the investing public to share in the profits of a Washington organization of this type. SECOND TRUST NOTES PURCHASED AT CURRENT RATES — PROMPT ACTION UNION FINANCE CO. 1410 H St. N.W. FOR INVESTORS Continental Merchanty' Bafk . jonal Sav Thion “Trust Washington Loan & Tru $2,500,000 MORTGAGE NOTES IN CONVENIENT DENOMINATIONS Commerce Write, call or telephone 3 for an appointmens~ Washington Mechanics'. FIRE INSURAN o] = 18] foal——=[[——]g] Let Us Refmance You! We have unlimited funds TITLE INSURANCE. avallable for real estate Columbia . .. : loans. Consult us in regard Real Estate. .. & to MISCELLANEOUS. 1st and 2nd Trust Loans 2] N. L. Sansbhury Cn., Inc. 1418 Eye St. N.W. Main 5904 ON IMPROVED PROPERTY in DISTRICT ¢+ COLUMBIA American . Corcoran Nattonat” Unfon. HUGHES & COMPANY INCORPORATED INVESTMENTS 1418 Eye Street N.W. Telephones MAIN Phln send H. L. RUST COMPANY 912 15th Stroet Main 6888 -