Evening Star Newspaper, August 13, 1925, Page 29

FINANCIAL MARKET SUPPLIES SURPASS DEMAND Vegetables in Excess Cause of Slumo in Prices—Sugar Corn Ready Sale. Az norted market Haulers brought that they were € them, and early cted that fully of and also rains supplies of raising 30 cents 1 unsold. It continued their morning wared with ng bef dr « quart decided de e noon the price White and vellow on the market, fhiculty a basket hand. sale at 7 dozen to the sack o much of it on hand dropped later in the the supplies hud to Boets and ndid need dis Con f A y cents u K but that the price carrots. go qual from Tomatoes ts a bas selling um said them bushel weap tha tically Taday's Whoelesale Prices 19 p acked Faney iverage receipts selected, candled heavy fowls ducks, ckens ducks, Dressed. Spring <. lambs, Spring 1. Spring 3 loins ked shoulder hams North Caro. Salem Tints, viand standar flats vies liberal: demand New York Big F .‘v ghtly Massa L oderate weaker Yellows. New Yorl market chusetts, 100 N sacks, U oSty 11 at ar mited, market large s, Hales size. condition bs to m large size um size baskets » large size sder fairl ate: de market steady 1sh light. market dull: North ( 30 pound ar 1verage Sic de d slow and Virginia s varieties, me 1.50a1.75. Homegrown supy ed. market fafrly 32-quart crates quart Homegrown supplies demand moderate. market homegrown, half-bushel ham Homegrown supplies nd limited, market weak; grown, five-dozen bags, 10al3 cents per dozen SLUMP HITS COTTON izh vland baskels, var: lurge sizes ns ies . demand lim homegrown, 30 per mostiy mederate ste pe liberal; home- few 20 den IN TODAY’S TRADING: IRK, Augus opened 12 24 Live cooler he The today ton market decline of relatively 1he hope Southwest bearish comm issued by th terpretation figures, but increase over last year, the 1o be the report of Texas and Oklahc December contracts early tradin lower, but at. the Jine comparat he first Forenoon tric atively quiet, n to Joints, owing o0l cables and weather the was some par values for the in condition no greater pars than appearing in parts asy ) of in the ment mid-August these showed the August 1 chief factor Gove 1d off 0 23.71 points off was net Lbout 25 fferin tapered the end ling remained comps brir n. Wall offerings ithe were much held fairl ad cember was midday he ng net dec NEW YOR the market on covering & around about & points up from with the general list show weak apen being First points, rally off eased 2,86 and | The market ion of the wders he. for a hich t epared in the o sllied during ng reports rdually erop joration and LEANS Aug deeline of 13 (u to ‘Warch Max 316 asked | 1 Liverpool. August 13.—C demand: prices steady; d moderate mid middling, LIVERPOOL. Spot zood middling. 13.37 strictly low middling ng, 12 strictly good ordinary, | good ordinary. 11.47. Sales, 4,000 bales, including 1,400 American. Receipts, 1.000 including 600 | A merican FFutures closed quiet, Au- ,gust, 12.65; October, 12.48; December, 12.43: January. March, 12.50; My 56 July, ictly wil ! 100-1b | in-| tton | NEW YORK CURB MARKET eceived by Private Wire Direct to The Star Office IR st BY WILLIAM F. HEFFERN. Special Dispatch to The Star. NEW YORK, August 1 tentfon was paid Curb Exchange —Mo: in dealings o today to thé AN. re at n the ecent {price reduction in both crude and re- fined oil and the possibility that 1 might be car: ed further before could be any definite upward ment in oil shares. Selling quarter was not pronounced, disposition was shown to {the buying side Cardinal Petroleum among the pendent oils was an exception went to a new high on the mov: this was due to special causes. American oils were under with American Maracaibo I but with « around The new shares of the Vi Chemical Co. > reorganization plan admitted to unlisted t | privileges on a when-issued basi: but me belo li to be issued dated A NEW ing an stocks 1 Curb Ma YORK, August ofMicial list rded in on ket today HONDS is of the New Sale thoy R AThed 1 Alled 10 Alum_ s A% Am Gus & EI 0 Am Pow'& Lt Am Roli Mi)'6s N Anuconda te jAsso G & E 6 TAS Sim Haw High ®1 20 1001 a7 2814 102 1 S0 20 1001, ack Ns 3 Can Pac Cities Serviee s 2 Clles Serv it Serv uban Deere' & Co 1 Detroit City G * Grand Tru 1 Gulf 0 Corp 5 2 Kan C Term Pou 4 Long 1al Lt ates P Blgn 1 Pennoci 5 Phila 15 Pure 10 Schul R E 618 983 FOREIGN BONDS Mont S 7 LN 26 091 Freed # Gt Con P Ltd 85 Hungari Cona 7335 Fried L 7 Medellin® Rs BIC Chile 813 rov 1 Austr 5 Russ Govt 5lys 3 Swiss GOVt 3158 ho E Pw Lid 78 vrol H E P 74ae T 2 Lt 6s wi esin STANDARD OIL ISSUES 00 Anglo-Am Oil 300 A1l Lobos 1 4 1 ) South Penn Oil 164008 O Ind ex div 100 S O Kansas. oil s INDEPENDENT OIL STOCKS 1500 Vacuum in ginia- these there move- this little in on inde 0 and e. but South pressure w 10, rvib Syndicate holding firm Caro- under ugust ding The 13.—Follow - bonds and York | Law. clase. | 3B { 1171' Washlngton Stock Exchange SALES 500 at 400 capital Wash 10 ngton Gas Light ington Rwy. & El Bt 148 10 at 148 Riggs Nationial Bank—i0 at AFTER CALL Rwy. & Elec 20 at 62% Washinzton 14850 at 148 Potomac Electric Light 100 v Rwy. & Elec zton Gas 6s—S$1.500 at 99% Rwy. & Elec. vid—5 ton 15 itional Mige. & Invest at 0% Mones—Call loans. 5 and 6 per ceut Bid and Asked Prices. PUBLIC UTILITY Amesican Tel. & Telga. 4 American Tel. & Telga. 4 Jas & Tel. ctl. tr. B8 2 & Potoma & Potama P. Telephone & P, Telephone of Va. B8 Canital Traction TR, be City & Suburban Georgetown & Angap on Gas.6e: . Rwy. & Elec. 48 Ruy. & Elec. gen MISCELLA paper Co. Bs. Joint. Stock 1 Wash Wash s Pot Mt an Park Hotel 6s. STOCKS. PUBLIC UTILITY rican Tel. & Telga... | e rraction... Nariotl & Wash: Steamboat Wash. Rwr, & El com With: Rt & Elee! oid. Terminal Taxi com NATIONAL BANK. cavital Commereial 's & Mechanics Awerican ! Lincoln Kational” Metropolitan River N Bank of Washington TRUST COMPANY an Security & Trust.. Tnental Trust : Bank. Saving, | Upion Trust. Loan & Trust. SAVINGS BANK | commerce & 1.\.“, | Fam" Wahington Secinty" Savipgs & Com | Fovent Sireet Shited States. . | Washington Mechanics | American | F\Yr-rmm\ s National U and Trust ¥ E TNSURAN Columbia Title. Real Estate.. MISCELLANEOUS i D. c. Paper pfd.. | Merchants Trane. & Etorage.. | Mergenthates Linotrpe. SailpNtge & Invest, ptd Old Dutch Market com Old Duteh Market pfd Lanston Monotype. c 102 10 @ 190 5,000 50 Id.—500 at Asked . |curities that have a substantial loan | value. THE EVENING STAR, WASHINGTON, D. EXPANSION IN VEW | INAUTO INDUSTRY Manufacturers Not Worrying Over Business Conditions. Outlook Satisfactory. BY J. C. ROYLE Special Dispateh to The Star NEW YORK, August 13 bile manutacturers, instead of worry ing over a possible saturation point, are preparing to expand their planis in many instances “There is nothing i general condi tions throughout the country, so far as T can see, to warrant anxiety with reference to continued satisfactory busine: C. W. Nash, president the Nash Motors, s.id today. “Industry in general shoul. proceed in a prospe: ous manner. The outlook for our com pany in particular is more favorable than ever befor Orders on hand arve | greatly in excess of our ability ehip.” This tement accompanied an-|pg nouncement that new buildings would | pyy be added to the plant layout at Keno- | #ha. More factory sites are in de n Lansing than ever bhefore in 's history, and 68 per cent of | e industries there are connected with |ar e automobile industry J‘"“ sales are proceeding at an unpre- | cedented rate for this time of year This fact is substantiated by dis [pu«hv~4 received today from Atlanta San Francisco, St. Paul w Orleans and other widely separated points. Effort Strenuous efforis (o ‘increase and | encourage those sales are being made, % | not only through price reductions, but | through ease and cheapness with which purchases can be financed. The | spread of payments throughout the in- | | dustry has been increased nearly 20 | per cent. The Ford Co. having been {a ploneer in the sale of pleasure cars on a partial-payment plan, has turned | its attention to the aiding of farmers to purchase tractors The new financing piun for the agri l\ullunxla has been developed by the | Motor Acceptance Corporation of Mil waukee, which handles purchase of Fordson tractors and other farm equip ment. Under the scheme 13 per cent finance charge is added (o the factory price of a Fordson tractor. The | farmer pays 25 per cent cash. plus freight und dealer's delivery charge and the per cent bala 1= split | ]! into two equal payments. due Novem ber 1. 1925, and November 1 5 Additional equipment, such as plows | and harrows, etc can be boughi on the same terms. Ford officials say they hope thie will materially aid in motorizing many American farms common opened at 147%, the prior pre. ferred at 89, and the participating pr ferred at 48%. Directors of American Rayon Prod uets Corporation inaugurated divi dends at the rate of $2 annually by declaring an initial dividend of 50 cents a share. Sales by disappointed holders, who had hoped for a larger distribution, carried the price down over 2 points The 4-point rise to 157 in South-{ | eastern Power und Light reflected the announcement that the stock is to be | | split up on the basis of five shaves| for one. Selling of American Light and Trac- tion carried the price down 6® points. Holders of motion picture shares ap- peared to be awaiting definite an- nouncement concerning the proposed merger, and prices merely held firm |arouna top figures. Warner Brothers Picture ¢lass A was transferred to the New York Stock Exchange wil bri; un. to sta | fall Automo- tio in ap| Gas ha smd Cit Serv new ned bu |@p) ®s FuseEE R uama o Crown Cent Pete Derhy O & R pf Gihson 01l Cor 3Gl Oil Vi Guit Ol of Pa z0 Pet Livingston o1l | i cli Pet Mex Panuco Mount Prod Mount_Gulf an gal Sun 0Oil Venesuelan Pet Wilcox O & G nw vodies Pet INDUSTRIALS Gas & EI TRy Gas & EI'pt Sua L & Trac 15 ot 108 L & Trac Pow & L n Pow & L pfd 84y Rayon Prod 18 Suberpow™A 36 uperpow Thread C of 3Arm&C B v t of Armour & Co pf Arundel Co, Asso Gas & EI Atl Fruit Atlas P C new Boissonnault G « Black St Val G E m_Tob Cou City R R Ale nw Made to Increase Sales {su e for i Am Am ra ch du Am Am Am sel pr \ g W0 34 ‘ 400 A Centrif Pipe Cor Chie Xip ‘B T Cleve Anto com' P ¢ ptd om P« om P ¢ one G Bal ontl Ba onti Bak B ‘ontl Bak pfa 3 Caba Co 1 curt Aero %D L 1 Dow Chem I Dow Chem & Dubiliar C X Durant ® e o { Money Available for ¥ ncing In connection with the financing of automobiles is to be noted that money rates are fairly low, and while | borrowing rates may be expected to{ increase, it is belleved bankers will continue reasonably free in extending accommodations. Announcement was | ris & Rac Motor t Sh pfd. 10; nw cor 67 Inc... 60 ] R Secure o 18 Pub Soc PE B oG Motor i =8 El I3 El Invest ® 1 1 4 DETROIT, rather than of the meroe Commission, which, portation men say, BUFFALO, can Radiator | with McDougall-Butler Co., nish and paint manufacturers of Buf PITTSBURGH. ning close to 90 per cent of cupacit n cerned ST. locomotive ever Northwest will shortly be put into ac 7l tive service by of | tana mountains. FORT 19| hog severe ever known and the State will AT Aagust motor |line price war. discounts and concessions, National I SUGAR PRICES UNCHANGED. The ri C., THURSDAY. AUGUST 13. 1925. PRINCIPAL CROPS SHOW DECREASE Total Output Estimated at 3 Per Cent Lower Than Last Year’s Yield. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY August 13.—Michigan | join other States in an effort to mg interstate bus and truck lines der regulation of individual States Interstate Com local trans. is too far removed take up local problems. August 13.—The Ameri Co. has placed a sub- for the coming year Inc., var ntial order By the Associated Press 0. ' cent planted to principal crops this vear, total production was estimated today by the Department of Agricul ture as 3 per cent lower than last year, due to decreased vields per acre. But for the increased area, officials sald, there would be & serious crop shortage in the United States Reduced Yield Per Acre. Yields per acre showed a reduction for all principal crops of 6.4 per cent compared with the 10-year aver and 4.5 per cent under last vear crop. Prospects for vields, the dep: nent said, had not be low this time of year in the years with the exception of 1921. The dc crease was attributed mainly 10 drought in the corn belt and South western States. The anly crops showing vields per acre were Spring which is expected to run over August 13.—Opera. ns at the pipe mills now are run this district indications peared so far Nalig are firm at $2.6 of shading have dis as tin plate is eon- PAUL. August 13.—The largest run on a track in the the Great Northern, trains over the Mon- Three more are being flt by Baldwin. The engine weighs proximately 1.000,000 pounds WORTH 13 shortage in the uling freight —The most August & Texas is ve to y its n ne est spend $75.000,000 outside to ceded pork products. The de- is due largely to increased in in cotton farming increased wheat the NTA, August e in glee over 13.—Motorists prospects of a gaso The Woffard Co. has reduction of 3 cents a sharing “secret rebates, by distrib- rounced llon retail FEDERAI. AMERlCAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President BRISTOL. R. 1. August 13.—The ia Fubber Co. of Bristol, a sidiary of the United States Rub. Co.. has resumed operations on a ir-day-per-week basis. NEW YORK. August (#).—The w sugar market was quiet and un anged early today at 4.30 for Cuban tv paid. No sales were reported Raw sugar futures were easier ntinued September liquidation and lling by outside interests. Midday ices were 1 to 2 points net lower ed sugar market was quiet d unchanged al 0 for fine anulated. 12 el SRR O RN Money to Loan Secursd by first deed of trust on real estale B R eereet b Commlstion Joseph l Weller 220 Wash. L. & Truat lde.. 9th & F N.W on When You Have Funds to Invest, Consult WELCH, Loan Specialist Established 1809 6159, and 79, Real Estate Notes for Sale in Amounts from $250 Up to $1,000 or More. Consult WELCH, Realtor Loan Specialist 15th & N. Y. :ve‘ 1M. 4?46 Reference: Any Bank or Title Co. in the District. Na oss to an Investor in 25 vears For Investors REAL ESTATE LOANS | 5‘}% ANY AMOUNT APARTMENT HOUSEY RESIDENCE LOANS AT LOW BUSINESS PROPERTY FRED T. NESBIT RATES Ei\’l, BLDG. A\llin 539‘ WE MAKE LOANS ox REAL ESTATE ist and 2nd Trust Loan: Construction Loans N. L. Sansbury Co., Inc. 1418 Eye St. NW Main 5904 Ped Mtr Truck ade today that the Ford Company ! gy Mo Truck made today tha ompany would bring out a 23-ton truck about January 1 at slightly less than $1,000 for the chassis, or $1,200 equipped with a stake body. A fleet of these trucks has been operated experimental ! some time by a concern which handles some of the Ford supplies. Despite the fact there were 1.4 new passenger automobiles made in the last half vear, dealers’ stocks are i remarkably light. and. on the whole manufacturers are carrying only nor ! mal stocks. Some of the more promi nent producers are far behind deliv eries. The Cadillac factory is turning out 100 cars a day and is expected to increase this to 135 Chrysler is pro- ducing 800 cars a day and Dodge | Brothers about 1.100 Although sales were less than 100 000 larger in the last six months than in the corresponding period of 1924 profits for most of the leading com panfes showed substantial increases, and some producers hung up new high records for all time. This betterment extended io the re tail dealers. Department Store in The Gilchrist Co large department stores. has opene @ department for the distribution of two well known makes of automobiles. It is believed this is the first depart ment_store to engage in retail mer chandising of motor cars as well as ac cessories. Busses are being turned out in record volume, and a total pro- duction of at least 25000 for the vear now Is indicated Fox Pictures 2 Frank HH M{ © 4 Ereed-Bie'n B A 183 bt § i 103 10 Gillette s R Goodsear Tire # Grennan_Bak 118 Grimes R&Cam R 5 Happiness € St 1 Hazeltine Corp 4 Inter Contl Rub. Inter Coner Ind ¢ Intl Match C pf 7 Intl Mat n pf wi 85 Intern Util B 115 Johna Manville 5 Lehn & Fink wi 9 Leh Pow_wec vic 3 Lehigh vai CNC 38 N & Lnw ‘71 Gwena Sh G1. 200 BLib R Ch St ! Marc Wire Tel C 3McC R & M vtc. # Mengel Box 130 5 Auto Trade br lien x iller Rubber one of Boston's ot Met A Municipal Soc Music Maste: new wi Nick P1 nw bf wi 8615 izer Corp A 831 Corn B 1 Ohio Tract ‘ptd 3 Outlet Co w1 7 Qutlet €o pt wi 13 Pathe Ex Ic 4 Pean’ wat Py Ca '34 Pow Co of N 145 Pow Co ris '3 Bitts & Lake Eria % Pratt & Lamb C 5 Purity Bak A 20 Purity Bak B 2 Rem Noisl T € A 10 Reo. Motor 7 Rova Radjo i sifica G B n vie 27 Serv El Corp A 7 Sleep Rad vic iSouth G & P A 44 Southeast P & 1, 8% Sou Cal E Sou Cal E A i g South Bell pfd COLD STORAGE EXHIBIT. Holdings of Butter. Eg Meats August 1 The monthly report of cold storage holdings issued today by the Depart- | ment' of Agriculture showed that 109,-| 041,000 pounds of creamery butter was in cold storage August 1. compared with 134,118,000 pounds on the same date last vear American chee: holdings were ve ported at £6,661,000 pounds, compared | with 65,864,000, case eggs, 10,020,000 | cases, compared with 9.267,000; frozen | eggs. 42,956,000 pounds, compared with 35,184,000: frozen poultry. 53,505,000 pounds, compared with 33.604,000; meats, 792,464,000 pounds, compared with 930,589,000; and lard, 146,270,000 pounds, compared with 149,672,000. gs and B 22035 i Stand Pub € 4 32 Stutz Mot wif) Intl wift & Co Thermiod Rad Thomp R € vic Tob Prod Export 2 Tower Mig i3 Tubize vie' B gnio Carbide & TheFront Rank of Safety MITH Bonds have earned a place in the front rank of in- vestment safety. Our record of no loss to any vestor in 52 years shows how completely the funds of our in- vestors arc safeguarded. First Mortgage Bonds, indenominationsof $100, $500 and $1,000, may be bought outright or by payments extended over 10 months. Every payment earns 7%. Send your name and address on this advertisement for our book- let, “Fifty-two Years of Proven Safety.” Ao a2 EiTHinte s 2 Wilton new of wi MIN 10 Ariz Globe Cop.. 30 ‘Eulu|&(W0u A Canario_Copper . 10 China Corver Corn onal Tin Nipissing Ohio Cop Premier Gold Shaw Mines 1: Tonopah Ext 58 Tonopah Min. . 1 Unit Verde Ext 1 Ttah Apex.. Wenden Copper # Whi Rnob Cop bf .6 FLOUR GOES KIGHER MINNEAPOLIS, Minn., August 13| (P).—Flour 20 cents higher, at 8.90a 9.20 a_barrel. Shipments, 31,974 bar- rels. Bran, 2,500. Wheat—No. 1 Northern, 1.613%a 1.65%; September, 1.61%al.61%; De- cember, 1.60%; May, 1.65%. Corn—No. 3 yellow, 1.091,21.00% No Lass to Any Investor in 52 Tears The F. H. Smith Co. - Founded 1873 815 Fifteenth Street.-Main 6464 New York Washington, D. C. Pitburgh Philadelphis Minneapelis What Experts Buy. | Trained investors always buy se- One of the surest methods of | determining the value of any stock |18 to seek a loan on it. If yeur banker declines to consider it as collateral you can rest assured its marketability does not amount {0 much. DISTRICT QUlCK LOANS HOME OWNERS $150 to $5,000 on Ist, ?nd_and 3rd Trusts \_Three Days AN PROCURFMENT (0. 1417 F St NW. to 5. Tel. Main 4438. 7% First Mortgage Notes ! Denominations of $100 and Up— All Details Given Prompt Attention See Mr. O'Donnell, Mgr., Mortgage Department Open Eveni WANTED! SECOND TRUST NOTES Funds available for the pur- chase of all kinds of second trast notes, secured on D. C. or nearby real estats. Prumpt action in every case |14th & K AN UNUSUAL OPPORTUNITY We have on hand a few 7 First Mortga Notes. amply secured on improved North- the Washington Investment and Transactions Co. 715 14th St. NN'W. Main 3662 ge First Mortgage Notes For Sale In Denominations of $100, $250, $500, $1,000 AND UP 61% Interest Necured on D. C. Real Estate Wm. H. Saunders Co., Inc., ablished 1887 K oSt NJW. | real the i estate (fl in west section of city Denominations | $100—5250—$500 WILLIAM S. PHILLIPS 1432 K St. N.W. Phone Main 4600 T | FIRST MORTGAGES FOR SALE Denominations of $250, $500 $750, $1,000 and Upwards 6'2% Loans Made on Property Located in the District of Columbia JAMESF. SHEA 643 Louisi: Ave. NW. i i All First and second trust real estate not: ecured on in- come-producing real estate Washington, D. C. Construction Loans Made periods 000, When You Need a Loan Think of WELCH, Loan Specialist Money to Loan At 5Y,% and 6% INTEREST Betore Placinz o Renewing Your Tst or 2d Trust Consult WELCH, Realtor Loan Soeelalist Quick Replies Reasonable Charges h wnd N. Y. Ave. Main 4. 6% and SAFETY Whether you can get this rate of interest and be cer- tain of the safety of your prin- cipal depends ‘entirely upon what is back of the invest- ment. for long-time amounts up to $700, Real Estate Mortgage & Guaranty Corporation 26 Jackson Place N.W. Resources—$2,500,000 L. E. BREUNINGER, President The First Mortgage Notes we are offering at this rate of interest are ample security for the loans, because they are backed by our own conservative appraisals on a basis of only 50% of the property value. Consult Our Mortgage Investment Department ON: 713 and 715 14th Street N.W. Despite an increased area of 2.3 péx ! FINANCIAL. Ll Maryland, 22.7: Vir Virginia, 85.5; Nert} { five-vear average yield per acre ware, 91.2 | about one-tenth of a bushel, and a |z 3.8 Wes { few special products. such ax citrus|Carolina, 94.4; South Carolina, 38.7 [ fruit, olives, sugar cane, buckwheat ! Georgia. 91.0. Oklahoma. 24.9; Mon and vegetables tana, 94.8: Colorado, 84.3; New Mexicn Cotton shows a reduced per |72.9:" Arizona. 98.8. Washington, acre of 9 per cent with | Ghio, 97.6. Indiana, 96.8; Michizar the 10-year average: 16.3|84.2° Minnesota, 99.6. Towa, 98.5: Mis per cent; corn, 0.9 p 3.2 | sourt, South Dakota. $9.7, Ne per cent: potatoes per cent: to- |braska Kansas, 81.1: Kentuck: bacco, 6.1 per cent: sugar bects. 9.3 /95y $8.9, and Louisians per cent: apples. 11 cent: barley, . 997 1.7 per cent, and flax, 1.2 per cent | Output by States Fstimated The per acre was re | mont, 1043 ported from Texas, with 68.6 per cent | Rhode 15 of the 10-year average, and the high-|101.8: Florj est from Nevada, with 114 per cent. |consin, 102 Other States reporting lower yields | bama. 101.4: Mississippi, 111.4; Arkar than the 10-vear average ave: New |sas, 107, Wyoming. 104.7. 1itah, 107 York. 97.7 per cent of the average:!ldaho, 109.5° Oregon. 1046, and Cal New Jersey Pennsylvania, 98.2, |fornia, 1005 by | D yieid compared time hay cent; vats, $ 824 Tennessec States reporting yields above the Maine, 103 3 af tha Hampshire, 103.4: Ver Massachusetts. 100 nd. 1611, Connectien 107; Tllinois, 101.3: W North Dakota, 108, Ala vear average are average: New lowest _vield 1 FOR INVESTORS MORTGAGE NOTES IN CONVENIENT DENOMINATIONS ON IMPROVED PROPERTY in DISTRICT os COLUMBIA H. L. RUST COMPANY 912 15th Street Main 68858 IR Mflfi!fl@&"m ‘} The New York Life Insurance Company Offers to Mak First Mortgage Loans fi@mfl@mfifi!fimmfi on Improved Real Estate In the District of Columbia and Suburha for 3, 5 or 10 Year Periods Houses Business Properties 5%% ON APPROVED SECURITY Apartments Office Buildin, ! R R RRRRR R RSP Apply RANDALL H. HAGNER & COMPANY MonrTGAGE LoaN GORRESPONDENT oA 138/ Gommecticit Foenue, é It Stands to Reason —that house which has dealt in First Mortgages for 56 years without loss to an in- a vestor is a house of proved integrity: —that 6! First house ; is a particuarly attractive return on Mortgages offered through such a —that if little as $100.00—yvou could do no better than vou have money to invest—even as take advantage of such a rate and such a record SWARTZELL. RHEEM & HENSEY Co. T el el T « «nhmeton.[lC. 50 Years Without Loss to An Investor. SPECULATING VS. INVESTING Buying anything in the hope that it will go up is speculating and not Experience proves that it is more profitable to have steady investing. 3 and sure earn ings with no variation of prin cipal than to get for a time a higher the bility depreciation of income with ol Over a possi prin- Ouarter l cipal. FIRST MORTAGES of a Quarter Without 5 —are sound investments when properly placed and cared for and give absolute security principal with a good rate of return. F. SAUL CO. 925 15¢h 5t. NW, a Lo s of B. Main 2100