Evening Star Newspaper, August 31, 1925, Page 25

1 FIN “BUTTER PRCE FRV N RETAL HAHHET Fresh Eggs Now as Cheap as Storage Product—Meat Is Unchanged. Slight advance in wholesale price of butter last week is not vet felt in the retail market. The increase did not reach 1 cent a pound, but dealers believe other inc in the n future will send prices soaring. Ample supplies of fresh eggs are being received to meet all demands and prices are as cheap as prices for storage eggs, making sales of storage product next to impossible Reports received by loc: are suggestive of cheap e ing Winter, Tk re several hundred thousand more cases of the storage product on hand than at this time a vear ago, according to reports, and it stated that some of the storage eggs Iready being offered by packers of s dealers the com Wholesale Prices. 49; prints, Today's Butter—Fan store packed, TEgs—Fancy verage receipts, Alive small, 2 m fow duck: selected, candled, 35a 34 pring chickens, heavy fowls, small fowl! ats, 40a7b Dressed-—- small, 33; 15. lambs 35: geese Ives, lalllg; 313a14; hogs, 14alb at—Beef, 17a18; veal, 15: Spring bs, 3 hosgs, loins, 35a86; smoked shoulder, 20; hams, 30. Fruit and Vegetable Review. ay's market report on fruits and bl compiled by the Market News Service Bureau of Agricultural Economics, says: Apples- pplies liberal light, market steady; West Virginia, bushel baskets. Rambos, A 3 _inches, 190 to 2.00. Maryland and Virginia, bushel baskets, various varieties, large size. 1.50: small to medium sizes, 50 to 1.00. Virginia, barrels, Grimes A 2% inches up, few sales, 5.00 to .00 Cantaloupes—Supplies liberal; de- mand limited, narket steady: FEast- ern Shore Maryland, Hearts of Gold, standards, 36s, 1.50; Jumbo, 36s, 1.75. Colorado, Salmon Tints, standards, : Pink Meats and Salmon Tints, standards, flats, 12s and 15 to 1.00. irapes—Homegrown: supplies light: demand mpderate, market % Homegrawn, 6-basket crates, cords, 2.00. Lettuce—Eastern supplies liberal; demand light, market dull; New York. dozen crates. Big Boston type, 50a7 85; Western supplies light; de- mand moderate, market steady; Colo rado, crates, Iceberg type, 312-5 dozen, 32.50a3.00; mostly 2.75. Onions—Supplies limited; demand light, market steady; New York and Massachysetts, 100-pound sacks, Yel- lows, U. S. No. 1, 3.50a3.65 Peach Market Steady. Poaches—Supplies heav moderate, market fairly steady: New rsey and Pennsylvania, ~ bushel large size, best, most Virginia and New Jersey, bushel “baskets, Elbertas, ordinary quality and condition, few decaved, large ~ size, 2.00a2 New Jersey, bushel baskets, Hales, medium to large sizes, high colors, 3.25. Potatoes—Supplies liberal; demand moderate, market fairly steady; New Jersey, 150-pound sacks, Irish Cob- blers, U. §. No. 1, 4.00a. Green Mountains, U. 8. No. 1, 4.00; Michigan, 150-pound sacks, Russet Rurals, U. S. No. 1, fair condition, 8.75. Sweet potatoes—Supplies_light: de- mand limited, market dull; North Car- Y olina, cloth-top stave barrels, yellow varieties No. 1. fair condition, 3 Watermelons: pplies liberal; de- mand limited, market steady: dock sales, Virginia, bulk, per 100 melons, Excells and Thurmond Grays, select, 35.00245.00; primes, 15.00a25.00. Green corn—Homegrown _receipts light; demand moderate, market firm; homegrown, 5 dozen bags, 25a35 per dozen. Tomatoes — Homegrown receipts moderate; demand limited, market ficm: homegrown, 14-bushel hampers, H0a mostly 50a60, Cucumbers—Sunpli mand_ slow, market du bushel baskets, 75a1.00. BOOST TO WORLD TRADE. )Iiel-.yian Debt Action Latest Step Toward Normaley. NEW YORK, August 31 (#).—“The muccessful conclusion of negotiations for the funding of the Belgian debt to the United States marks another step toward the resumption of the world's normal economic life,” says a atement by the Guaranty Trust Co Not only is the Belgian government enabled to conduct its financial af fairs with a new degree of assur- ance, but the other debtor nations of Eu 1l undoubtedly be en Belgium's example B. & 0. GRAIN EMBARGO TO LAST SOME TIME to Thy chickens, large, 20; demand 6 demand liberal: New a York, n Dispat IMOR! Jtial embargo on ned the 1 Point elevator and Ohio JRai continue until aft Fall_shipping season f dle West, it is said at t offices here. As the emb grain for stora transshipment, will not interfere with the free movement of grain | through the port. a railroad n{\‘\r‘tuli explained. | Star. to of | ad Co. the heavy \ the Mid company’s re will pertains rather only to han for | COMMODITY NEWS { WIRED STAR FROM | Ol i LANCASTER. Pa., August 31 The condition tobac fields here | good. Cutting of the eraly plantings | has begun and the late plantings are in bloom COLUMBIA. S August 31.—The northern section of the Southeastern cotton belt has deteriorated badly in | the last 10 days because of drought. | Stalks are stunted and bolls are open. ing prematureiy. Geor also has suffered heavily GRAND RAPIDS. Mich., August 31.—A quantity of late potatoes have already been dug and marketed. y While growers have obtained good prices, the potatoes, if left to mature, would have produced several times | this early yield. LANSING, Mich., August 31.—Re- ports from 25000 individual farmers indicate that plantings in the prin- cipal Winter wheat States will in- crease 9.7 per cent for wheat and 21 per cent for rye as compared with the acreage sown last year. KANSAS CITY, August 31.—The recent high prices have curtailed de- mand for pork and pork products to uch extent that the market for ogs has undergone a material decline F-r-. ANCIAL.’ NE:'.W YORK CURB MARKET | eceived by Private Wire Direct to The Star Office BY WILLIAM F. FEFFERNAN, NEW YORK, August 31.—Radio stocks were more prominent in today's curbymarket than they have been for sevetal months. It looked as if the long-talked-of “radio boom" was_be- ginning to materlalize and where price changes occurred, they were on the side of advance. Buying was based on the fact that September ac- tually begins the radio season, and a record Fall business is looked for. Dubilier at 18 gained a point, Hazel. tine*at 19 was up 1% polnts, and Music Master was bought at higher prices. Recent leaders among were subjected to a good specialties deal of NEW YORK, August 31.—Follow- ing is the officlal list of bonds and stoc] traded in on the New York Curb Market today Sales in thousands High 40Am Gas & EL ds. . 983y 18 Am Pow & Lt'tx 054 #Am Rall ‘Mills 6510113 0 Anaconda Gs.... 108 BONDS Low. Close. 1018 103 . Roht 7s. enera) Pot ' Ga | 2 Grand Trunk 6% s C Term 45 w Be 20 Pure Oil Co 6345, 32 Schulte RE 1 p 68 1 Sou Cal Ed Bs 8 Sou Ea P&L 6s wi 10 Stand Mt Cot 8340 Co 95 REX BN 8 1085 864 22 SEEPTESE 108 o8 " b e FOREIGN BONDS Mont $ 75 91 Berlin 0s.. K8 Graz 8s . Fran 7 78 o1 BTy o% a4 811, 17 Alpine 3 Ci 1Ind H Bk Fin ts 39 King Denm 538 Krupp Fried L 7s N0 %y Benat s Muni Medellin Ha Prov Santa 3 e & Hal 1 - g“‘ l~ 33 o 0" tron & 8 bl 9 Toho E P Li 3Ty Hyd E P Salos in units. 00 Anglo Am Oil 30 Buckeye P L. ... 500 Ccntinent 01 nw 0 E; T 13 amble O 500 Imp O of 00 Inter Pet C Lid 30 Magnolia Pet 20 Northern P L. . 0 8 ansas 0§ entuck: 05 O N Y 05 O Oblo pid! 20 Swan & Finch. . 00 Vacaum Oil ex d 88 Sales INDEPENDENT OIL STOCKS. in hundreds. 60 Am Maracaibo Co 2 Ark Nat Gas 1 Brit- Pveperrs e . R P o - Zoo FAEE S . - 2 Crown Cent Pet 5 Epelid Oil Co 1Gill 0il vie 20 Mex Oil 21 Mex Panuco. 4 Mount Prod. .. 1 XNew Bradford O 1 New Eng Fuel O 5 New Mex Land. 20 Noble Ofl & Gas 0 Noble O & G pf ) Stz P Py ST > Roonts S o ERpons: W Washington Stock Exchange SALES. Waghington Gas 5+—$300 at 09% at 991 Washington Gas 6s "33—$500 at 1 1 Traction Co.—10 at 100 % at 1004 i at 100 Lienbs At 83%. $500 at a 0 at 1003 % 0557 10 at 3 Washington Gas 10 633%. 10 at Baigs 1 Wishington Rwy. & Elec. com —10 179.1 at 179, 10 8t 179, & at 179 AFTER CALL. rgenthaler Linotype—3 at 190%. 7 Wishington Ruy. & Eloc, pfd 5 a1 89%. City and Suburban 85—$6,000 at 84. Washington Gas 5s—8500 at 99 Money—Call loans. 5 and 8 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Bid merican Tel, & Telga, 4s... 877, A el & Tel. otl. tr. b8..\. 10140 Anscotia & Potomac bg... .. 9 Ana. & Potomac guar. os.. % P Telephone bs.. (. & P. Telephone of Va. Capital Traction R. R. 5 City & Suburban 5 Georgetown Gas 1 Botomac Elec. lst potomac Elec I E Pow. 8, m. Alex & Mt Ver Wash, Alex. & ) Wash . Balt. & A Washington Gas Wash. Rwy Wash. Rwy Asked. | Potomac Pot. E Kash e & Elec < Realt RIEES Wealis Ba (shori) Southe:n Bldg. 6%8.. .. Wash. Mkt. Cold Storage Wardman Park Hotel 6s.. STOCKS. PUBLIC UTILITY Am AT “apial Traction. Wishineion Gas Norfolk & Wash Wash, Rwy. & Elec. com.. Wash: Ruy. & Blec. pld Terminal Taxi com NATIONAL BANK. National Capital.... ... . fambia Slambia armers’ & Mechanics Fedoral American Liberty National Lincoln ¢ Kationa Riges. - : National Bank of Wash! [l TRUST COMPAN’ erican Security & Trust... 3 Frrtivey i g o ionath Merchantsr Bank.. | Eiremen National Union TITLE INSUBANCE. MISCELLAN! D. C, Paper.p Merchants’ 1 Mergenthaler Li Natl. Mortg. & 0ld Dutch Market com. 0ld Duteh Market pfd Lanston Monotype . Security Storage. Wasbington Marl Yellow Cab.... *Ex dividend. nv 08y | profit taking, and losses of a half point, to a _point and more were common. Fox Film class A was offered freel losing 2 points when it sold at 68%. Application to list these shares for trading on the New York Stock Ex- change has been filed. Nizer Corporation class B lost al. most a point to around 59. Goodyear Tire common dropped off 1% points to 34%. Miller Rubber, on the other hand, continued to be bought at rec- ord prices, in response to the highly favorable earnings report put out by the company last week. This estab. lished a new high record of $32.81 a share earned for the first six months of the year. 2N Y oil 2 Pan-Am W 8 Peer Qi1 C 1 Reiter-Foster 18 Roy Can i P wi i “oii R 85 b S an il = Wileox 0'& G nw INDUSTRIALS. 10 Sales in hundreds. 10 Acma Pack 3 Adiron Pw 7 ¥ Alohs Port Cem't Am Gas & El ptd 7 Am Hawaiian SS 231 Am L & Trac. .. 23 3 Am Nultier Co.. 11 Am P Bt © wmespuLom Dot S22 52E2R oS o Soon %, 3 Armour & Co pf Asso Gas & Eloc 2 Boissonnaul 1Bord & C 2 Bridgeport Mach it-Am Tob Cou 9Can D G Ale nw 10 Car Light i, Carolina P ‘& 'L 3 Centrif Pin Cor 21 Chavin Sae & € 1 Chic Nip A_ .. BT rown Co b Commonw P C pi 7 Commonw P C n. 0 Commonw P rts. FF 5 ] 200 1 D D i 36 s DSBS LB D & Ao BB S T 1 BB 1L R O P DO Frrr et R ST FESREE . mmonw P C w % Gons G Balt new. 2 Continen Bak A. 28 Contl Bak B... 3 Contl 4 Curties B FE F A 3 De For R C vic > Dubilier C & R Mot ... Bd & Sh pid 1 Bd & Sh n co El Invest Inc Elsenlob Bro E BESSEELBEEEIZT & FPEEEET 13 D 30 S S T sscn: 1 1 R Secure Co ngineers P Serv 219 Fageol Motors Co ageq] Mot pra., Fed Metals Film Tnspec M. 3, Ford Mot Can 4% Fox Pictures A 1Frank HH Mfz ¢ 1 Freed Eise R € 17 Ereshman Chas. EEars s a ' 6 + i I R F SERNSRR SEER YR xSz E illette $" R a Lt Pow & R 7 Glen “Alden Coal 98 Goodyear Tire T 4 Gould Coupler A 1 Grennan Bak 10 Happ C Stor ‘A Hazeltine Corp Hell Rich Inc pt Hood Rubber .. G Horn & Hardart fInter Cont Ruh 2 Intl Conor Ind C nt Matceh C pf ntern Uti] B.... ohns-Manville ones Radio elvinator C. 12 134 FIFEL e 550 AT H ) P o INYYY high V' high Val € NC. hn & Fink.. .. b Owens Sh GI. 19 5 RCh'Strs. sbtoa 5K Medgel Box 14 3itafiga R o G 1 Vest, Util.. 1 3 Midvale Co 4‘\ Miller Rub_ ... 1 Mohawk Ve ¥ 1330 g "Radlc? L i om0 s SIS Pen XS5 P Sown o) o 25z Darosatil ceBiSao TR 25E38RLNES5.553ERES . T FEFFRE Bk yE 1Xo st P 30hio Tract ratt & Lamb ¢ g Soun ity Bak A.. o0 Motor oyai_Typew rv E] Corp outheast P & L i s 3059" ;. & Lo S 3 =1 o 3 Bisl eacsiom o s SR GeRaSEiag s 4y s ACwil Dair B wi. D‘l;‘ Ris wi ou ot St Stand Pub € ‘AL tuts Motor 2 Swift Int . 15 Swift & Co i Tomn ‘B imken Axle 4 Tob Prod 1 Trans Lux 17 Trumbuil ATt b 24 23 1 3 1 wn o vee o Bz & FEay © E 99 104 MININ TOC! Ariz Globz‘cg.,g '.’IIES o l‘:_%lmoElk:v&e‘r . T no Ex Cona Cap Minee: e GOl N Lid T Plor Goldfid M. . . olden Cent Min, ollinge: - Mine b baa & s am S es outh id a” Warr o8 oy aw 10 Spearnead 6 8 Tonopahs 10 Tono 3din 4 ' Verde Exi Utan Apex | Wenden "Cop METAL MARKET DULL. NEW YORK, August 31 #).—Cop- per dull; electrolytic, spot and futures 145a14%. Tin easy; spot and nearby, 56.75; futures, 56.62. Iron steady; N, 1 northern, 19.50a20.00; No. 2 northern 19.0019.50: No. 2 southern, 18.50219.00, Lead steady; spot, 9.50a10.00. Zinc steady; St. Louis, spot and fu- Antimony, spot, 17.00. NEW YORK, August 31 (). —Call {money firm: high, 4%; low, 41 ruling jrate, 43¢ closing bid, 414; offered at 4% last loan, 4%; call loans against acceptances, 3%; time loans firm, mixed collateral, 60 to 90 days, 4}a 4%; 4 to 6 months, 414ad%; prime mercantile paper, 4ad%. MANY BONDS CALLED IN. NEW YORK, August 31 (#).— Railroad, public utility and industrial corporation bonds called for redemp- tion in September aggregate $54,704,- ! 450, bringing the total for the first nine months of the year up to $631,- 756,320, compared with only $253,896,- 620 for the corresponding period of 1924. Many of the bond issues re- deemed before maturity this year have been refunded at lower interest rates. NEW STEEL MERGER OFFER. NEW YORK, August 31 (#).—Since the announcement of tentative terms for the merger of the Otis, Midland Steel Products and Trumbull Steel companies, the Youngstown Sheet and Tube Co. is said to have consid- red the possibility of making a counter offer to absorb the Trumbull Co., of which it owns a large block of stock, according to reports re- ceived in Wall Street. | trades here showed AIDS W, B. A. STOCK New York Central Has Sur- vey Made of Properties Now Under Consideration. Special Dispatch to The Star BALTIMORE, August 31.— The re- action in the financial district to the report of a contemplated merger of | the Western Maryland Rallway and the Washington, Baltimore and An- napolis Electric Railway and transfer of the control of the combined roads to the New York Central system is the cancellatian of many selling orders by interests other than those which have been accumulating stocks of both companies for weeks. Also it was reported that the in. terests which have been picking up W., B. and A. shares without ‘reach- ing" for them raised the limit and thus became competitors for the limited amount of stock available at current prices. Engineers Make Survey. Engineers sent here by the New York Central have made a complete survey of both properties and are now reducing their findings to writing, to be studied by the New York Central management. The financial district is making much of the fact that since the Aldred group became identified with the W., B. & A. a rather extensive plan of betterments is being carried out. Road- bed is being ballasted. new rails laid on some sections, bridges strengthened and the system generally improved Acquisition of the two properties by the New York Central would not ne- cessitate any expenditure for physical connection. = A spur at Westpart con nects the roads, and cars of the West- ern Maryland are transferred over this track to the W., B. & A. and hauled to Washington. The Western Mary- land connects at Connellsville, Pa., with the Pittsburgh and Lake Erie, part of the New York Central system. Shipping Circles Stirred. The reported intention of the New York Central to enter Baltimore and Washington, provided it can obtain control of the Western Maryland and W., B. & A. on favorable terms, has aroused much interest in shipping circles. 1f the New York Central comes here Baltimore will be served by the three greatest systems in the East, the Bal- timore and Ohio and the Pennsylvania being the other two. RENEWED ACTIVITY IN COTTON MARKET Liverpool Cables and Crop Esti- mates Cause Lower Prices as Week Opens. St abede By the Associated Press NEW YORK, August 31.—The cot- ton market showed renewed strength in today's early trading. Liverpool cables were lower than due; a gooZ deal of hedging seemed to have zc- cumulated over Sunday, and the op- timistic_view of crop prospects was impaired by private crop estimates receiveq shortly after the local opening. Initial declines of 14 to 22 points followed the earlier slump at Liver- pool. Considerable covering and trade buying developed, but it was readily supplied, and prices showed net losses of 20 to 25 points before the end of the first hour, with all months making new low ground for the movement. December sold off to 35, compared with at sat- rday’s close. Three private reports, were issued, one of them estimating the condition at 60.1 and the indicated yield at 18,653,000 bales. Another placed the condition at 60 and the indicated yield at 13,900,000, while the third esti- mated the condition at 613 and a crop of 14,955,000 bales New Orlean’s Quotations. NEW ORLEANS, August 31 0P).— There was a spirited opening in the cotton market, but prices were con- siderably lower in sympathy with verpool cables, which were about 17 penny points lower than due. losses of 25, and although there was a slight raily of § to 9 points right after the call, it did not hold. Prices started downward again, October dropping to 21.48, December to 21.67 and January to 21.74. Sentiment continued bear- ish. Considerable rain was reported on the Gulf Coast. GERMAN BONDS AND STOCKS. (Quoted in dollars per million marks.) Bid Asked. r Gt (win) Bs 1014-18 47% 00 amburg 434 1910, . 15000 Ger Gt 4-5a (forced loan) 8.00 Ger Gt 8-16s '23 (sm b) 25 (Quoted in dollars per thousand Ger Gen Elec 438 pre-w 1 Ger Gen Elec 434s 1919 Berlin 48 pre-war. .. Ham 3s. 318 & 4s pre-w Hamburg Amer Line 4135 North German Llovd 4 %38 North German Lioyd. Prussian Consuls 3% Krupp 5s 1921.... . Dusseldor! 4s pre-war Frankfort a-M 4s pre-war Munich 4s pre-war Badlsche Anilin. ... A E G (Ger Ge Elec) Commerz and Privat Bk Disconto Gellschaft.. . D er Bank. .. Deutsche Bank . Darmstaedter Bank Mercur Bank Vienna. . _, 8 3 ¥ 58 2 3 Lo0oisoisD ros v e S mimis i 2205000220050222i0i0 - D! 38253335353; 50! 2005250000 633323332 HEERSEagE R 1i3meigon 8333333833832 of Safety MITH Bonds have earned a place in the front rank of in. vestment safety. Our record of no loss to any in- vestor in 52 years shows how completely the funds of our in- vestors are safeguarded. 1? First Mortgage Bonds, 0 in denominations of $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.” Ne Less to Any Investor in 52 Years The F. H. Smith Co. Founded 1873 815 Fifteenth Street--Main 6464 New York Washington, D. C. Pittaburgh Philadeiphia Minneapelis Name .. 233! 3335353 REAL ESTATE LOANS 53% seRRERm RBESIDENCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT ELDG. Main 9392 FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President For Investors 7% irst M First N &x;tgage Deno: All Details Given Prompt Attention See Mr. O’Donnell, Mgr., Mortgage Department AFRITZ COMPANY 14th & K FIRST MORTGAGES FOR SALE Denominations of $250, $500 $750, $1,000 and Upwards 6'2% Mll_};f'"“ Made on Property ed in the District of Columbia JAMESF. SHEA 643 Louisiana Ave. N.W. SECOND TRUST NOTES rund’ ivailable for ! pur- chase o 1 kinds of gecond trust notes, secured on D. C. or nearby real “eatats. Prompt action in every' case Washington Investment and Transactions Co. 715 14th St. N'W, Maln 3662 B Savings Bank 710 14th St. NW. NEW ACCOUNTS increasing 3,000 a year because we are PROGRESSIVE as well as EX. PERIENCED and CONSERVA- TIVE. We Share Profits. Stocks Bonds We Buy and Sell Lisicd Securities. Qutright or on Margin. BUCK & CO. ~BROKERS— Fatablished 1916 Evans Bldg., 1420 N. Y. Ave. N.W. Fr. 7300 Write or Call for Weekly Markel Letters We Buy and Selil Liberty Bonds Tresury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street | | | [ | | ons of $100 and Up— L THE EVENING STAR, WASHINGTON, D. C, ‘MOND'A'Y AUGUST . 31, 1925. [TALK OF MERGERS Continental Trust Company Capital One Million Dollars 14th & H Streets First and second trust real estate notes secured on in- come-producing real estate in Washington, D. C. Construction Loans Made —for long-time _periods in amounts up to $700,000. Real Estate Mortgage & Guaranty Corporation 26 Jackson Place N.W. Resources—$2,500,000 L. E. BREUNINGER, President Prompt Actton First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. 738 15th Street TO LOAN —on First Mortgages on im- proved property in Washing- ton. Current rates. Prompt service. {SHARNGN & LUCHY) 713 & 715 14th St. N.W. Insured Investment There isn't anything quite so safe as Figst Mortgage Notes— if they are'secured by the right kind of realty We'll quickly that the property behird this special issue is as ‘“good as which makKes the inter- 1 the more attractive. 7% Consult with Mr. Kelley, in charge of our Loan Dept.—for details Mcl(BEVER-iGOSS (s rme i) 1415 K Realtors convince you pay M. 4752 Money Secured by first deed of trust on real estate. | Prevailing interest and commission. Joseph 1. Weller 120 Wash. L. & Trust Bliz.. 9th & F N.W. WHEN THE “GHOST” WALKS TODAY Take a part of vour salary and set it aside to start the purchase of a FIRST MORTGAGE NOTE —which will pay you interest at the rate of 6%:% and be a step in the right direction toward later financial inde- pendence. No Risk No Delay No Depreciation Call in or telephone for further informatio: Mortzage Investment Deot. HANNON: & LUCHS)| 713 14th St. Main 2345 FINANCIAL. FOR INVESTORS MORTGAGE NOTES IN CONVENIENT DENOMINATIONS ON IMPROVED PROPERTY in DISTRICT or COLUMBIA H. L. RUST COMPANY 912 15th Street Main 6888 Equitable Co-operative Building Assn JOHN JOY EDSON, President Organized 1879 Assets . $5,031,814.86 FRANK P. REESIDE, Secretary 45TH YEAR COMPLETED Surplus. . . $1.35 Subscriptions for the 89th Issue of Stock Being Received If You Want a Home— Save for 1 to get aheed. 1¥'s our business to_help others to attain financial independence. Join Today 915 - OLDEST National Bank in the District of Columbia Open Until 5:30 p.m. Today and Tomorrow By =2 i ST N TV ¢ W 1T { I I e (114 1 F St. N.W. Observing Extr Banking Hours TODAY and TO- MORROW for the convenience of our numerous Depart- mental patrons—and others, fiWhy not avail your- self of this excellent opportunity to start saving with this strong, old bank? &F51 or more will open a SAVING ACCOUNT T National —1: vesr 0 3% PAID ON The New York Metropolitan Bank 15th St., Opposite U. S. Treasury Life Insurance Company Offers to Make e o First Mortgage Loans on Improved Real Estate District of Columbia and Suburbs for 3, Houses Business Properties In the & 5 or 10 Year Periods 4 Apartments Office Buildings 5Y2% ON APPROVED SECURITY 4pply | RANDALL H. HAGNER & COMPANY MORTGAGE LoaN GORRESPONDENT Ar32 Conmecticut b’%«m«e.’ Crossing the Chasm ¥ HERE is a wide chasm between employe and the ownership of a business. It is only a natural ambition to cross that chasm some day. The man who would take the leap must be prepared. He may know but little about the struggles that await him on the other side. Yet he must realize that sound investments will afford him a bulwark of mental assurance and financial protection in his struggles. Start now to invest regularly in solid se- curities. The 61 % First Mortgage Notes which may be purchased through Swartzell, Rheem & Hensey Company are an ideal invest- ment for your purpose. W EEM&HDJSLL(‘Q treet. N W «hsm@m.nc. 56 Years Without Loss to An Investor Century Without @ Loss B.F 925 15th St. N.W. SAFETY FOR SMALL OR LARGE INVESTORS The requirements of either small or large investors who prefer safety rather than risk are met by our 6%2% FIRST MORTGAGES SAUL CO. Main 2100+