Evening Star Newspaper, June 12, 1925, Page 29

FINANCIAL. FRIDAY, JUNE 12, 1925. " REAL ESTATE LOANS RESIDENCE LOA ™ !u\\ R. B! FRED T. NESBIT ‘} INVESTMENT BLD Secued by first deed of ¢ Joseph i Weller = Money Available for First Deed of Trust Loans Interest Prompt Replies to Applications JAMES F. SHEA | == 643 Louisiana Ave. N.W. Corpor your » : District Loan Procurement Company =z Bldg., 1422 F ETH FETINNZINZENINNGE: LT With Have a particular incentive to sound saving and judicious investment of those Consideration of your loved ones’ welfare and future happiness, as well as your own, suggests the placement of your surplus funds in safe Ward- man First Mortgage Notes bearing 614 % interest, and issued in amounts from $100 up. WA MAN mpany Constructio Main 35350 s Men Families s 1430 K Street G, “We House Oue-Tenth of Wasl ng;m Population” BIETETRIRAXRYEEENN TELETTTELLILTEEHE [EPE TR ELETEE P TEEEPRERE TR T T LR PR JOHN JOY EDSON. President ANK Organized 1§79 45th YEAR C Assets ... $1,942,132.68 Surplus ... FRANK P. REESIDE, Secy. IPLETED .$1,317,011.44 | Subscriptions for the 88th Issue of Stock Being Received I Save With Us y <> Systematically Make up your mind to start saving with us—and SHARES $7.50 PER MONTH deposit each pay day. You will marvel at how quickly your sn\'ing‘s grow. 915F St. N.W. FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President s ——— | E:Funds Availabfil | For LOANS On Improved REAL ESTATE APPLICATIONS INVITED @|| on 1st and 2nd Trusts N. L. Sansbury Co., Inc. 1418 Eye St. N.W. Main 5904 FINANCIAL. Apphcatlons Inv1ted First Mortgage Loans On Improved Property From $10,000 to $1 ,(\')0,000 51 Mortgage Loan Department lnterest Office Buildings Business Properties Homes Apartments Wardman Construction Co. 1430 K Street N W. Main 3830. APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Subwrbs In Montgomery County, Md 5:% INTEREST Office Suite for Rent teest in other SECOND TRUST Ideally Located e fields? The answer NOTES [ is in the “might.” PURCIASED AT CURREN Especially suitable for HY s it that ]_1‘."?’ MIGHTf e Real Estate—Insurance S e caveypmare; Cirom il 'UNION FINANCE CO. L nancing.— Trvest- business men other and less se- 1110 H St. N.W. e - in- ”] nant s Siniler Cor- and. women of ex: cure forms of in: porations. perience prefer to vestment, but they invest their funds in also MIGHT lose SAUL BUILDING good First Mort- their interest and 925 15th St. NN\W. gage Notes when principal, too. It Reasonable Rent BUCK and CO. STOCKS and BONDS Direct—Private—Wire —to—Philadelphia—and New York Continental Trust Company Capital One Million Dollar, 14th & H Streets they might secure never pays to take higher rates of in- unnecessary risks! BOSS &b PHELPS HOME OF HOMES 1417 K Street .fl pply ro H. L. RUST COMPANY LOAN CORRESPONDENT ®he PRUDENTIAL INSURANCE COMPANY of AMERICA 912 15th Street N.W. Main 6888 Write—Or—Call—For —Weekly—Market —Letter BUCK and CO. 312-13 Evans Bldg. 1420 N. Y. Ave. N.W. Fr. 7300 As all of these bonds have been subscribed for, this advertisement appears only as a matter of record. M. 8673 Kingdom of Belgium EXTERNAL LOAN THIRTY-YEAR SINKING FUND To be dated June 1, 1925 B. F. SAULCO. Main 2100 925 15th St. N.W. WE FINANCE —all elasses of Income-producing property. Large Loans a Spec:alty Current Main 9300 and commission. ngble & Ri chardson, Inc. WANTED Second Trust 5] Notes This company has funds available for the purchase of all kinds of second trust notes, secured on real estate in or close to e D.C NOT REDEEMABLE BEFORE MATURITY EXCEPT FOR THE SINKING FUND Prompt Service EWasth'ton lnvestmefl[m the interest accruing on all Bonds acquired for the Sinking Fund. Sinking Fund moneys are to be applied e to the retirement of Bonds, by purchase if obtainable at or below 107%% and accrued_interest, or if not, by - call of Bonds by lot at 107%%. Bonds may be called for the Sinking Fund at such price on June 1, 1926, or Transactions Co. on any interest-payment date thereafter prior to maturity. 713-15 14th St. N.W, Main 3662 The New York Life Insurance Company Offers to Make % GOLD BONDS To mature June 1, 1955 First Mortgage Loans on Improved Real Estate In the District of Columbia and Suburbs for 3, 5 or 10 Year Periods Apartments Office Buildings Interest payable June 1 and December 1 A cumulative Sinking Fund for the retirement of the Bonds by purchase or call, will be created by the Kingdom of Belgium by semi-annual payments of $268,750 beginning December 1, 1925, plus sums equal to Houses Business Properties SV2% ON APPROVED SECURITY Apply i RANDALL H. HAGNER & COMPANY MoRTGAGE Loay GORRESPONDENT yé/fm/@n a700. —on First Mortgages on improved property in Washington. Cur- Prompt Principal and interest payable in United States gold coin of the present standard of weight and fineness in NXew York City at the office either of J. P. Morgan & Co. or of Guaranty Trust Company of New York without deduction for any Belgian taxes present or future rent rates. Coupon Bonds in denominations of $1,000 and $500, not interchangeable service. SHANNON: & LUCHS} 713 & 715 14th St. N.W. Main 2345 Dean J. P. MORGAN & CO. AND GUARANTY TRUST COMPANY OF NEW YORK, FISCAL AGENTS The following statement in connection with this issue has been prepared from information furnished by M. 4. Vandevyvere, Minister of Finance of the Kingdom. of Belgium : PROVISIONS The Bonds are to be direct external obligations of the Kingdom of Belgium. They are to be issued under a Loan Contract in which the Kingdom of Belgium will covenant that if in the future it shall issue by public subscription any loan having a lien on any specific revenues or assets, these Bonds shall be secured equally and ratably with any such loan. Approximately one-half of the proceeds of this loan is to be advanced to the Colonial Government of the Belgian Congo for the construction or improvement of public works, eomprising chiefly railroad and port construction, and the balance of the proceeds is to be turned over to the Banque Nationale de Belgique as a further reserve for the protection of exchange, this latter operation resulting indirectly in the retirement of floating debt. 6OVERNMENT The debt of Belgium on December 31, 1924, consisted of internal loans of 31,836,662,699 DEBT francs and external loans amounting, at exchange rates as of that date, to approximately $672,241,695, including all advances by the United States Govrernment. The external debt in the hands of the public, after giving effect to the present bond issue, will be $260,420,000, calling for interest and sinking fund payments of $25,450,000 per annum. The Belgian Congo with an area of about one-third that of the continental United States, isrich in mineral deposits, forests, and agricultural resources. Its copper deposits are among the richest in the world. The output of Union Miniere du Haut Katanga, which is one of the great copper producers of the world, amounted in 1924 to approximately 190,000,000 pounds of copper. The Colonial Government owns an important interest in this Company and in other industrial, mining and railway enterprises in the Congo, the present market value of its holdings being larger than its total debt on December 31, 1924. The railway and port construction to be financed by a portion of the proceeds of this loan, form part of a comprehensive program of the Belgian Government for the provision in the Congo of more adequate transportation facilities, which are expected to aid greatly in opening up the country to more active economic devélopment. Onativia & Co. Stock Exchange Building NEW YORK PURPOSE Stocks & Bonds Cotton Coffee To July Investors — The. Premier Real Estate Security N every class of merchandise there is one particular kind that stands out as first in quality. In the field of real estate securities the Hallmark of S. W. STRAUS & CO. is the mark of the best. Everywhere the Straus Bond is recognized as the premier real estate security. The reasons for this leadership could be fully under-' stood only by one who lived with this Organization for many months. He would then see the processes that manufacture safety. He would see bond issues investigated, scrutinized, and analyzed by a large organization ofloanmen,realestaueupera, lawyers, arch:tects, construction engineers, field men, credit investigators, and i inspectors—an organ- ization probably unmatched in size, unexcelled in pcrsonnel and training, and unequalled in experi- ence in its field. ‘We have published a booklet called “43 years without loss to any investor” which clearly sets forth the scientific safe- guards that make Straus Bonds safe. Write forit. It will be sent you without cost or obligation if you will simply ask for Grain Sugar BELGIAN coNGO Washington Office Main Floor, Woodward Building THE ABOVE BOXDS ARE OFFERED FOR SUBSCRIPTION, SUBJECT TO THE CONDITIONS o S 0 STATED BELOW, AT 98% AXD ACCRUED INTEREST, TO YIELD OVER 7.15% TO MATURITY. one Main 2 JOHN CALLAN O'LAUGHLIN ’ Lo e S All subscriptions will be received subject to the issue and delivery to us of the Bonds as planned, and to the approval by our counsel of their form and validity. Subscription books will be opened at the offices of J. P. Morgan & Co. and Guaranty Company of New York at 10 o’clock 4. M., Friday, June 12, 1925, and will be closed in their discretion. The right is reserved to reject any and all applications, and also, in any case, to award a smaller amount than applied for. The amounts due on allotments will be payable at the office of J. P. Morgan & Co., in New York funds to their order, and the date of payment (on or about June 24, 1925) will be stated in the notices of allotment. Plan now to get 7% on July funds AKE sure of getting the security, the interest rate end the maturity you want by planning now for the investment of your July funds. Interim Receipts will be delivered, pending the preparation and delivery of the definitive Bcnds. Application for the listing of the definitive Bonds on the New York Stock Exchange is to be made by the Belgian Government J. P. Morgan & Co. First National Bank, New York Bankers Trust Company, New York National Bank of Commerce in New York - BOOKLET 389-G The Mechanics & Metals National Bank, New York The Equitable Trust Co., New York The New York Trust Company Lee, Higginson & Co. Guaranty Company of New York The National City Company 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. Youmayinvestinmaturitiesfrom 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. The Straus Hallmark on a real estate bond stamps it at once as the premier real estate security. S. W. STRAUS & CO. ESTABLISHED 1882 . INCORPORATED NATIONAL METROPOLITAN BANK BUlLDING ‘Washington, D. C. Telephone Main 5847 Kidder, Peabody & Co. Dillon, Read & Co. Halsey, Stuart & Co., Inc. First Trust and Savings Bank, Chicago Illinois Merchants Trust Company, Chicago Continental and Commercial Trust and Savings Bank, Chicago Central Trust Company of Illinois, Chicago The Union Trust Company, Pittsburgh Harris, Forbes & Co. Mail the coupon now The F. H. Smith Co. Founded 1873 No Loss to Any Investor in 52 Years Smith Building, 815 Fifteenth St. THE F.H. SMITH COMPANY Smith Building. Washington, D. C. 1 X Please send descriptions of your currmat ot ctngs of 7% B Lok poee New York, June 12, 1925, 43 YEARS WITHOUT LOSS TO ANY INVESTOR Bonds to: i . I 1058, W. & & Co.. Ine Address