Evening Star Newspaper, June 11, 1925, Page 29

FINANCIAL. THE EVENING STAR, WASHINGTON, D. C., THURSDAY, JUNE 11, 1925. FINANCIAL. 2y LOANS PROCURED | FI==—=10=—=0| How are your [ ™1/ o7 | ' 5%2% On 1st, 2nd and 3rd Trusts Safety First corporate "un '“ma.l.u{"i'.!‘..';‘&..i' B WANTED dollars employed’ (R hmancial provicm o us. 2 District Loan Procurement A high rate of commission e C0| S Let us assume they are de- . NEVER ind 5 Company Il Second Trust [ff| st 3"\ Bu"acts || First Mortgage Loans ||| x@vs it "o % 1dg., 1422 hey earn interest. : 2 z'%uz.fi.n'ff':f oo™ 4 2autes fetlon money is working, but it is doing ||| Washington Real Estate P S L e —_— o] otes | only onehalf the work of which it We always have on hand an ratbconalacrei o = adequate supply of money to loan at lowest rates of interest; and we are now loaning our is capable. Can you afford to lose 1 This company has funds the 3% or 3%,% that is rightfully 6 2 0 available for the purchase yours when your dollars are in- Invest in Them Today—Con- venient Amounts. of all kinds of second Festediingous H‘E"P’Q:;l;‘z; Smith, Inc. CHAS. D. SAGER Achievement! 909 15th St. 924 14th Main 36 Telephone Main 9057 Plus Added [nterest trust notes, secured on |} 1 : fletent” with safety: To_this we add_our PERSONAL INTRREST 10 the Investment of our | Prompt Service e Shend"during the” entire e of the P! First Mortgage Notes? S s s s ‘E'Washmgton Investment3 G . L. ODomasl M. CHAS. D. SAGER || Tmnsachons Co Mortgage Department 924 14th Main 36 i coeilie ol — : 71315 14th St. N.W, CAFRITZ COMPANY — Maln 3662 Realtors When Lieut. A. J. Williams, U. = S. N., recently drove his aeroplane at the speedy of 266l% miles an hour, he made a record which will stand as the result of an earnest desire to excel. OF FULL FACE VALUE As the years have rolled by, Swartzell, Rheem & Hensey Company has aimed to keep clean a record of no loss to an investor, and the fact that on April 1, 1925, this com- pany completed its 56th year "with this record in tact, demonstrates that through storm and stress, through good times and bad, it has achieved that which it set out to do. EZE:E | Phone Service Until 9:00- P.M. l4th & K Main 9080 Look over the list of securi- ties of almost any estate and see how many of them are marked “of no value.” You can avoid such loss by investing your funds in our 6% FIRST MORTGAGES f BUCK and CO. STOCKS and || BONDS || FOR INVESTORS Over a Direct—Private—Wire —to—Philadelphia—and MORTGAGE NOTES Quarter The aim and ability behind this achieve- ment, and the fact that first mortgzges now New York of a lThe_v are always worth par— yield 614%, should help you decide where to Write—Or—Call—For IN CONVENIENT DENOMINATIONS f Cantoy vield a regular return—and place your next funds. -——Weekly—Market Without relieve the holders of all worry |l g ON IMPROVED PROPERTY . T or management. I —Letter in DISTRICT v+ COLUMBIA BUCK and CO. - vans g. | B. F. A L C . 1420 N, ¥, Ave. RW. H. L. RUST COMPANY |||/ .. 20 D 025 lSth(S)t. N.W. Fr. 7300 M. 8673 912 15th Street Main 6888 LngmmaH}:NSEYCo ~B52Seet, NW ™~ shirgbn.D.C. 56 Years Without Loss to An Investor "-'-_JlllllllllllllllIllllllIllllllllllllllllIlllllllllllllIIIIIIIIfllIIIIIllIIIIIlIIIIIIIIEIIIHIIIIllIIIlIIIIIIIIIIIIIIIIIIIIIIIIIllllllllllllll'E The Outstanding Bond Issue of the Year THE RIGGS $4,500,000 NATIONAL BANK First Mortgage 7% Real Estate Gold Bonds Secured by the Hurt Building Washington Heights Office 2477 Eighteenth Street, with the Announces the Consolidation of Its Atlanta, Ga. (Independently appraised at $6,750,000) ° Northwest National Bank The Largest Office Building in the South, Reported 16th in Size in the United States A Completed Office Bu(ldmg with a Successful Record of Ten Years Opera- Formerly the Net Earnings Estimated at Substantially One and One-Half Times Greatest Combined Interest and Amortization Charges . . . . . 7% Interest Northwest Savings Bank The security for these bonds, is a first mortgage on the land and building, ap- praised at $6,750,000, and a first claim on the net annual earnings estimated at $625,000. o Appraisals, made by leading banks and real estate firms, place the valuation as Eff J 1 1 : 1925 G e B o e it i ective June 11, A. J. Orme, Vice Pres., Atlanta Trust Co. $7,125,000 : Wm. J. Davis, Pres., Atlanta Title & Trust Co. 6,500,000 to $7,000,000 The Hurt Building is the largest office bullding in the South, wJ- Hh Wh::: (M. L. ;l:hrvwer. Real Estate) t7‘:60(;f:20 A The business of the consolidated offices will be con- d rted by the Industrial B: U e property at $6,750,000, which makes mbetesitn i i hur;:: of the ;‘\;::-:: iih:n;: : Mkt equavl-lbou:fi e dmme“‘“’ AR b s e ducted at the banking house formerly occupied by the Comm office carnings, $625,000, is supported by appraisals as follows: Northwest Savings Bank, at the corner of Eighteenth It is a completed structure 17 to 18 stories in height, covers an J. H. Whitten $625,000 tree! Roa will entire city block and is located two blocks east of “Five Points,” Sworn Statement of the Atlanta Realty Corp., Owners of the Street and Columbis Road, which hereafter be the center of Atlanta, and within three blocks of the principal Hurt Building 628,996 known as the ' banks and fm'n blocks of the Post Office, Court House, State Based upon present leases, the annual net rentals are estimated to be approxi- Capitol and City Hall. mately two times the greatest annual interest charges, and substantially one and -half times th test annual combined charges for interest iy The first unit has been in successful operation for ten years, and :::. ;rovidi:g ":p‘mt;nn o S e sdipdocipal, N rth t Offi the new addition has recently been opened. The Atlanta Realty Corp., owners of the property, is strong, responsible and 0 ss eS ce It has a gross constructed area of 534,000 square feet, and a net successful, and has had excellent management for the past ten years. rentable area of approximately 395,000 square feet, divided at Bonds dated May 15, 1925. Interest payable January 1st and July lst. OF present into more than one thousand offices. Annual maturities January 1, 1927 to January 1, 1940. Coupon Bonds $100, $500, $1,000. Callable on and after July 1, 1926, and on any interest The building is of structural steel on concrete piles, fireproofed paying date at 102 and accrued interest. Federal Income Tax up to, but with hollow tile, finished with terra cotta and glazed fire brick set not exceeding 2% refunded. V‘;“W' State Taxes paid or "'“&"d- ] Th R' a i n in cement mortar. Th [ served by sixteen high Descriptive circular containing independent appraissls, map, illustration ggs k mapeedcnzlevntmfr R by . and other particulars will be sent on request. e l o a an PRICE: ] Its tenants number some of the most wealthy and successful Bonds maturing January 1, 1927, 10136 and accrued interest. Bonds corporations in America, such as the American Telephone & maturing January 1, 1928 to January 1, 1931—101 and accrued interest. i PO ih Col St DL e s e e e Bonds maturing January 1, 1932 to Jenuary 1, 1940—100 and accrued Mr. Gregg C. Burns will continue as Manager of this office, Casualty & Surety Co., General Motors Acceptance Corp., Insur- interest. with Mr. Charles G. Hubbard as Assistant Manager and Mr. ance Co. of North America, Metropolitan Life Insurance Co., Reservations will be accepted for delivery up to July 10, 1925. George H. Morris, formerly Acting Manager of the Wash- Royal Insurance Co., G. L. Miller & Co. Ask for descriptive Circular HB-000. : ington Heights office. Ask for descriptive circular HB-000 . 1t will be the policy of The Riggs National Bank to make its G. |_ M | LL E R : & C o Northwest Office a Community bank in every sense of INCORPORATED X m. '“' Local Address—308 Phillips Bldg., Washington, D. C. Remodeling of the building will be effected without incon- venience to customers and when completed the new office will offer every modern banking facility to those who may find NO INVESTOR EVER & LOST A DOLLAR IN this location convenient for the transaction of business with a strong and well-organized institution backed by RE- MILLER %% BONDS - e District of Columbia 5 Mills Tax Refunded New York Philadelphia Pittsburgh St. Louis f] Buffalo Chicago Atlanta Memphis Knoxville