Evening Star Newspaper, November 28, 1925, Page 29

FINANCIAL, COLD TURKEY PUTS | "~ CHECK ONBUYING. Leftover Supplies Cause of 7 Slow Market Today. Prices Hold Firm. Received by Private Wire BY WiLLI ;) F.H RNAN. NEW YORK, November 2§ For time during the early dealings today the curb market was strong. The oil shares were favored in the huying, but the upward movement did not last. However, when other parts of the market were disposed to sell off, no further effort was made to hid up the ofl shares. The gains where they oc- curred were only fractional. Humble Ol at 751, was np A quarter of a point, and among the independents Lago Petroleum continued in demand above the 7 level. A lifeless market was reported thi morning. 1t waa suggested by dealer NEW YORK CURB MARKET STAR. WASHINGTON, ‘BUSINESS LIVELY Direct to The Star Office | DURING PAST WEEK THE EVENING | 1 wenkness In stocks of was The recent electric refrigerator attributed nothing At-taking following the sharp ad- | had during compantex to more t | pr vance these stocks had the past few months The close was firm. although there | was the usual week end realizing in many quarters of the list. ‘ollowing vather active sellin midway through the session support ing orders came in and had the affect i | of checking a falrly active declining movement Higher Prices in Some Lines | Reported—Holiday Aid to Retail Trade. T i | RY J. C. ROYL | | Spacial Prapateh to The Sta; D. C., SATURDAY, NOVEMBER 28. 1925. COTTONIS LOWER INMARKET TODAY Favorable Liverpool Cables Have Little Effect in Home Quotations. FEDERAL AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President First Mortgage Notes For Sale In Denominations of Re'the Awsaciated Pr | NEW YORK. November 25.—The | i First | Thomas J. Fisher & Company, Inc. FINANCIAL. WANTED Business Properties Prompt Action Mortgage Loans Lowest Rates of Interest and Commission 738 15th Street We are prepared to give per sonal attention in securing tenante for all claszes of bus ness properties. When You Need a Loan Think of WELCH, Loan Specialist Money to Loan At 519, and 69, TEREST Before Placinz or Re. it or Znd Ty If the results obtained from vour property are not sat factory—try omr organiz tion. H. L. RUST COMPANY $100, $250, $500, §1,000 AND UP 637 Interest Secured on D. C. Real Estate Wm. H. Saunders Co., Inc. Established 1887 that rold turkey from Thanksgiving. held for Sunday dinner, was respon- ible for decreasing the demands for meats and poultry Consult Welch, l"(ealtor Loan Specialist Quick Replies Reasanable Charges 15th & N. ¥. Ave. M. 42464347 he | “otton market opened steady today At A decline of 3 to 12 points. The re- | latively steady showing of Liverpool & Ind Ravon Cor A. 244 | NEW YORK. November 2§.-- 3 Jnter Cont R, | Thanksgiving holiday broke the nm‘«’a_\ ntl Waten € nid | volume of production this week. but | Iy nte e Finter T A o [ e e e oot o the 4ally | And confirmation’ of yesterday's re- | cul B irate of output, distribution, sales and | POrts that Lancashire spinners had | conaumption of commadities. Instead, | 'ejected increased curtailment pro- | | retall trade received a distinct impetus | DOSals. apparentiy had little effect. | land basie industries ahowed an im- | Some buving was readily supplied by | 912 Fifteenth St. N.W. Main 6388 NEW YORK, Novemben lowing Is an official list of bonds and | : stocks traded in on the New York | Numerous poultry dealers had &tock Curb Market today on hand this morning that had been yinyin e #arried over from the Thanksglving | housands. High. market. 1t was in good shape. how- '~ >3Am Gas & El 85 8% overnight selling orders from ever, and sold at pricea about the 13Am Pow & Tt tx o ®amé as those that prevailed at the clnse of Wednesday's market Chickens, ducks, keats and geese were more in demand today than tur- Keys. The butier and egg markets continued firm, and dealers expact an- ticipated decrease in price of {resh * egga will materialize early next week Moderate and light supplies of Flori @n vezeiables are heing received, and oniy lizht supplies of early Califor- nia tomatoes are offered. Liberal sup- plies of apples from Pennsylvania. New York, Virginia and the Wesi and a limited demand make a steady marker. Today's Wholesals Prices. Rutter—Faney, i-lb. prints, 49 tub, 43 10 58: store packed, 38. Lgks—Local. fresh. fancy. selected. candled, 75a76 averaze receipis. 70 hennery. white, 73a83: Storage. a4 Pouliry and Bo alive— Turkeys. top. 37a40 thin : Spring chickens. Leghorns, 18a20; | geese. 18a; keats, 60a top, 30 seconds. 13a20 Turkeys, top, 45a30: small | 38: ng chickens, 30:| Leatorns, 22: ducks, | 5: keats, 80a1.00. Ives. 14; ho 1a12. | 17a18: Jamb. 30a pork shoulders, 6. rahhits, Dressed and thin fowls, 2 23a30: geese, Live stock Meat—Beef pork loins, 34; fresh hams. Fruit and Vegetable Review. market report of fruits and (compiled by the Market ice Rureau of Agricultural ) said upplies liberal: market steady. Barrels— . A in. Kings. 6.50; A 213 Rhode Island Greenings. 6.50:; a 1. Black Twigs. 213 in. Slaymans. mostly 5.50. tew Boxes— Washington. medium to large size. axtra fancy Delicious. 3.30. extra fancy Staymans Jona- thans. 2.7513.00, mostly 3.00. Bushel bhaskets — reported. Cahbage—Supplies moderate: mand limited, market steady York. bulk. per ton. Danish 35.00, Celery lght. m a News se Fieanomic Apples — madera demand higher type. | dAmeand _Supplies liberal: et California, market ateady: erates, 5.7 dozen. 6.00a8.50. Lettuce—No supplies on market. Potato Market Steady. Onions—supplies moderate: demand lizht, market steady: New York, 100- Th. sneks vellows, . No. 1. medium size. 2 yellows, 1 Potatoes—Supplies 1ight. market stea sacke, Russel Rurs .8 No. 1 mostly £.00; New Vork, 150-h. sack& round whites. . & No. 1. mostly .25 Caulifiower —Supplies light market firm: California New York, crates, ipplies very liberal: Michigan, 150-1h. demand ligh eales rencrted Stiing heans—Supplies demand lizht. market stead: 4-hushel zresn. hest mostly ome poor nd condition low as 50. Peppers—Supplies moderate: mand moderate. market® steady: ida. crates, fancy, 3.50a3 Squash Demand Good. Eggplant—Supplies light: _demand lrpited.-market steady: Florida, pep- per crates, faney stock, 3.00a3.50: gome small size. 2.50. Squash—Supplies light: sood. market firm: Florida, crates, white. 3.0083.50. Peas—Supplies moderate: Jight, market ateady: California, pound crates. 6.00a7.00. Spinach—Supplies light: demand moderate, markei steadv: Virginia. *Norfolk section. cloth-top venser bar- rels, Savor tyvpe, 3. an. PENNSY REPORTS FINE OCTOBER EARNINGS November 2% (R). One of the most profitable earninzs reporis for Octoher is made by the Pennsylvania Railroad. ing fncome jumped to $1 contrast to $8.743,197 for Oct . Gross revenues gained $3.092 138, Net for the 10 months of 1923 wha $23.408.872, against $69.025.908 a vear ngo. RATi:‘.S ON BAR SILVER. TONDON, November P silver 32d per ounce. Cent. Discount rates: a4 per cent moderate: Florjda. .30a.50: quality ae- Flor- demand bushel Adamand 45- NEW YORK. 28 Money Short bl COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY AKRON. November 28.—Officials of he Gaodyear Tire and Rubber Co. re- | port that they are now getting large | amotints of crude rubber from their | Falr eastern plantations. DENVER, November 23.—Clarence saunders of Piggly Wiggly fame has closed a lease for the first of a string | of 15 stores to be established in Den- | ver. | SAN FRANCISCO, November 28.— | The peak of the movement of Ha- waiian pineapple pack is rapldly being | veached. The pack is estimated at | 7,000,000 cases | JACKSONVILLE ovember 2§, Federal statisticians report a sharp curtailment of acreage planted to to- matoes, celery and lettuce in Florida counties, which have been hit by soar. ing land values and farm labor short age. PORTLAND, Oreg., November 28, Tocal lumber shippers with strong Japanese connectiona have besn ad Vised that the reconatruction of Tokio and Yokohama will be spread over a j0-year period. The plan is calculated to leave the lumber market unaffected by sudden jumps. PITTSBURGH, November 28.—Many | of the big railronds have completed rail buying for 1926. Pig iron remains At $21 for Bessemer and $20 for basic with $20.50 for foundry and malleable. TULSA, Okla., November 28.—Sixty- one new wells were started in Okla- homa in the last week, with Okmulgee and Hughes counties leading. Twenty welle were completed in Kansas, of | which seven were dry. Query the Promoter. Determine how much of his own money the promoter Is putting into hi’ séheme before vou decide to risk sours. Don't take his word for it— ke him preve it. 5Am P & 1. 6< new # Anncondas ‘6s 1 54 Asso G & 8 Beth Steel 4 Boston & it Serv q 041 1033 943 9015 1011 9t Gen Iee Crm 634s. 11350 Gen Pet 1018 B a5 Me O 1034 944 a0ty 101 % 9410 12 1017, 3 24 3 1 Shawsnesn & Sontheast 20 105 82, Tworth M 6 e 10017 r Mill 6las FOREIGN BON 13 City Coloy s YEs R R A French Nat 7 1A Great Con El' 8154 10 Hungar Cons 715 138 King Denmk Santa Fe Tp Aus Ts! 3 Russ Gove 6las & Siem & Hal 75 2 8 Swins Govt Blax 7 Thyasen Ir & St 13 Toho El P Ltd 7 3 Toko Elec Lt 6% 14 Tyrol H E P 7lan Sales in STANDARD OIL ISSUES. in units 100 Angln Am 011 B0 At Lahos pfd. 2100 Cont 0l new . . 2600 Humble Oil & R 00 P L 1200 Imp Qul €an ‘new 11y s0Ind B L Be 12800 Int] Pet € iad! . 314 40 Magnolia Pei .. 180 300 Nat_ Transit . 10 X"y Transit 2000 Prairie 0 & G n 100 Prairie P L. 20 South Pen Of. [ 1 200 £ 0 Ind . 7008 O Kansas . 208 0 Neh 18008 O N 'Y 1900 Vacuum Oil Sales INDEPENDENT OIL STOCKS. n hdrds 4 Am Maracaibe € B 4 10018 Ark Nat Gas Carib Synd 13 Cotunmiia "Kond © 18 Ehei b e 88 Gibeon_ Oil Cor. 5 Gulf OQil of Pa. 198 fait QU ot Pa: Leonard Oil 4 Lion _0il 22 Mex Panuco 12 Mount Prod 7 New Mex Land 50 Noble Oil & G 18 Peer 011 Cor B 7 Reiter-Foater Ol PRt gois 16 Salt Prod x INDUSTRIALS & T, & Lo Pow & L fi Rayon Prod Seating Sunern R Am Suserp or_nf Rklsn City R R.. 1 Hree Pive Cor n A s Chrsaler Corn Wi Cleveland Auto. Commonw P naw & Connor. T T Co n< Gak Balt n. 53 Cons Dairs Prod. 7 Cont Baking A 31 Cont_Bakinz 1t 'y Cub T C vio De Forest Ra v10 3 Pubilier C & R 13 Durant Moto: 4 Eisenlohr & B 132 1 1 16 Frashman. 5 Garod Corp 24 General Rak A" 171 General Bak 1 i G&Y, mew K Rts wi R Glan “Alden Coal &K Goodyear Tirs T Grennan Bak 23 Grimes 5 i 3 | I, 48a52: Mesabi Iron 3 Mid West Utiis Miller Rub new’ 3 bo) No Statea Pow A No States Pw nf Pittsburgh & L E Corp N° Y Saund P&l Y Repud M T vie 7 Rea Mot ... enbacker CH & Lt a Par E Singer Mfs ... 1 El Carn ‘A i Southeast T & L ASon Cal B 13 Dm 322 TN MINING RTOCKS. ah F: 5 Uan Avex . DAIRY PRODUCTS. BALTIMORE. November 28.— poultry—Spring chickens, Ib.. Leghorns, 20a26; Minorcas, 20a hens, 18a30: roosters, 17: old horns, 18a20: ducks, 20a26; geese. 18a : young turkeys. 37a3s: old. 33a34: poor and ked breasts. 25a26; pigeons, pair, 25a30: guinea fowl, fach, | 80a85; old, 35a50. Dressed pouitry—Turkeys. voung, hickens. voung, 25030; geese, 8235, Eggs—Receipts. | and nearby first 60: candled, 62a63. Butter—Good to fancy ereamer: prints, 33a54: ladles, 42ad | store packed. 37: dairy prints. 38a10; process hutter. 16: rolls, 37afn. Rahbits—Cholce. dnzen, 4.00a5.00 fair to good. 2.30a: 6 cases. native dozen. offered at BOSTON STOCK MARKET. BOSTON, November —F ing is a liat of today's highest. lowest | and closing prices for the most active | stocks dealt in here | Rinzham Mines Roston & Maine | Canimer 4 Hecia | Careon HiL M. | Conner. J T | Conoer’ Range | East Butie. . Fast Steam:hin Gillette Hardy Coal ... | Hood Rubher. Ixland Creek .. | 1510 "Rovale | ¥hine Contra. Mase Gas 4 Mayfower 6 '€ Mergenthaler . Mohawk 2 W' Cornilia w Ene T & North Butte . Pacifie Mills. . L | Torrngton nited: Shoe M Utah Matal | Watworth - : Warrn Bros STOCKS AND BONDS IRREGULAR; COMMODITY PRICES HIGHER! Distributive Trade Active—More Traffic Records. Retail Enterprises Making Very Generous Profits—The Outlook. BY STUART P. WEST. Special Dispatch 1o The Star. NEW YORK. November 28.—The last week has been characterized by an Irregular movement In stocks and honds, by recovery in cotton and In other commodities, and by a renewed decline in French france. The stock market between the first week of September and the end of the first week in November went ahead too fast. In weeks of the present month there were sharp corrections reaulting In a de. cline of 50 per cent up to two-thirds | of the previous rise. This satisfied the conservative element, and, feeling that the market position was much stronger. operations for the advance were renewed toward the end of the week, focusing this time upon the steel stocks rather than upon the motors. Steel Profits Narrow. The difficulty with the steel situa tion is still that the average level of prices is below what it was a year ago. In other words. the margin of profit is not vet satisfactory, although new business s running ahead of ship- ments from the mills and the produc- tion figures are anywher: from 85 t 90 per cent of capacity. But tha stock market, taking up the steel shares, ax it wag doing toward the forward to a condition whers the axcess of demand over supply will e hound te count in prices. This, it ia thought. wilk show perhaps not so much in the earnings of the fourth quarter of 1925, vet certainly in the earnings of the first quarter of 1928, Little Change in Price Averages. The price average on the Stock Ex- change was about the same at end of the week as it ‘was at the be- ginning. It was down somewhat from the high of early November; it was up considerably from the low of | the reaction which culminated on No- vember 2 These fluctuations did not mean a great deal. They did not show the public in the market the way it was in November, 1919, or March, 1920, It was merely bIg operators tem- porarily overdoing things, finding that there was not sufficient lowing, and therefore willing to let prices react. Situation Purely Technieal. It was a technical situation and nothing eise. Money rates wers un- changed. The money market had gone the second and third | the | outside fol- | | through what in old times would have | heen considered a very severe strain. | Yet thers was no increase of borrow- ings at the Federal reserve and no rise in either call or time money rates. ‘The business situation has remained the same all through the changes of | the last three months in Wall atreet. Mereantile reviews have been a little more favorable and so have other trade reports like steel. But the pos tion is no different from what it was known to be last Summer, namely, that the general distributive trade of the country was unusually active, that railroad traffic was breaking records. that the big retall enterprises were making more money than thev ever had, yet where there was a question in certain lines of the adequacy of profits. i Treasury’s Bond Purchase. Announcement by the Secretary of the Treasury of a proposal to buy in up to $50,000,000 of the third Liberty |loan, which wae then quoted a point helow the offered price, was an inter- esting incident of the week. Of course, the bonds went up immediately to the i »ficial quotation, and even higher. | The interpretation which Wall Street | placed upon this piece of news was jthat the demand from the sinking | tund was greater than the available | supply around recent prices. ! At the low points for the week end of last week. has heen looking | French france were within 30 pointa— that g, not much moré than a quarter 1of a cent—ot the low for all time, | which was reached in March, 1924. Thereafter some recovery occurred, partly because the political situation eemed to he pointing less toward the radical side and partly because of the natural profit taking which goes on in |any speculative market where a great ! deal of short selling has occurred | and where there has been & considera- }ble decline. Changes Not Significant. The commodity markets have reached the stage of the year where they have become of comparatively little interest { from the standpoint of business situa- | tion in general. The grain crops have been sold and so has the cotton crop. The remaining supply. apart from seed- ing purposes, is mostly in the hands of speculative Interests. Consequently the fluctuations, even where they are 14 and 5 cents a bushel a day. as in the | case of wheat, do not signify much. It s one set of speculators playing against another. The farmers are not much concerned. (Copyright, 1928.) : old | | provement which seems unlikely to be | disturbed before January 1. Some few organizations selzed on the holiday as a favorable opportunity | ;m check activities for taking of inven- | torles. But it was noticeable that no | {respite was allowed the majority of | {concerns with heavy forward orders. | | In fact, inventoriex in general ar flow, and it will require less delay and |effort than usual this year to enable husiness concerns to determine where | i they stand. Most of them know pretty | conclusively they are on the proft | side of the ledger | | Stronger Prices Noted. | Stronger prices in «ome lines lefi ac | tivities of iron and stesl unchecked. Plitshurgh showed healthy improve { ment. Production at Cleveland plants | is running at SR per cent of capacity, According to a canvass of open-hearth | and blast furnaces. The milla of the | Mahoning Valley are running 4 per | cent above this rats. Youngetown mills report a consid arable tonnage will he carried into| the first quarter of 1928 hecause of the | substantial back logs which have heen established. A similar condition ex ists In the Chicago distriet. A large tinplate tonnage ix overhanging the market and Is expected to he released in December. Rolt. nut and screw manufacturers are increasing working forces. The Colorado and Utah plants are expanding operations, with produc- { tion moving steadily inta consuming channels. Motor Plants lLess Active, Ae usual. the automobile industry is credited with alding this condition. |although ndustrial emplovment in | | Detroit fell off 2139 in the last week |10 a total of 288547 workers. which | compares with 197.334 a vear ago. | | The nigh price of rubher fs causing | expressions of concern from tire | ymanufacturers, hut the sales in the | i vear ended October 31 of one of the [loudest complainers totaled $12 g 5, 2 gain of $40.000.000 over the pra. | ceding vear and double that of 19 | Production of rubber footwear and | { mechanical goods is going forward | vigorously. The opinion sxpressed in the lotter | {of President John L. Lewis of the| | United Mine Workers ta President | Coolidge apparently had the effect of | spurring bituminous production to a | I new high level, espacially from the | non-union minea. | Chances for settiement of the an | thracite strike as a result of the lates | Pinchot conference proposal atiil seem | }uneertain, i Ol Position Improves. The petroleum industry is Improv ing its position. although there has | | been an increase in late production ! { reports from Oklahoma fields. Some | | vrice advances have heen recorded. | | Building has heen exceptionally act. | ive, despite the approach of cold | weather. and there has been stiffeninz | of prices in lumber. cement, brick and | hollow tile. Linseed oll has shown some activity and strength In the Prcific Northwest production has hean 4 per cent under new business and | { Seuthern producers report a similarly advantageous condition | The non-ferrous metal markets have I been somewhat weaker than produc {ers could wish. Copper was affected by increased world production and | 1»11"1: foreign demand. but lead and sil- | | ] | | | ver has been fairly steady. Galvaniz | er<’ demand kept zinc up. heen dull, incluenced hy-&he starting | of the Cuba. | The cotton textile men are still somewhat uncertain as to the cron po- sition, but wool is strong, with ad- vancing prices recorded in’the West, and silk is firm, with mills active. | The situation of the live stock mar. | kei Is tending to reduce apprehension | regarding the position of corn grow- | ers in the midwest. Rallroad traffic { continued fairly heavy, despite the | holiday. new grinding campaign in | | FOODSTUFF VALUES SHOW SHARP DROP IN MONTH, | Exports of Grain Smaller, Whil, Lower Prices Are Also Received. A big decrease in the value of raw | foodstuffs exported from the United | States during October was shown to- fday in Department of Commerce figures, which placed such shipmenix at $19,312,000. compared with $161. £20.000 for the same month in 1924. The falling off was attributed to { both smaller grain shipments and to {lower priees received for the com. | modities. The following export and import classifications together with compari- sons of the same figures in Oectober, 1924, werea made today by the Com- merce Department: Tmports—RAw foodstuffs, $44,278,- 000, against $42,462,000: foods ready for consumption, $32,192.000, against $3%.414.000; raw materials for use in manufacturing, $151.144,000, against $101,726.000: manufactured commodi- ties, $77,224.000, against $68.979,000; partly manufactured products, $65,713,- 000, against $56,851,000. : Exports—Raw foodstuffs, $19,312,000, against $101,820.000; foods ready for consumption, $61.474,000, against $58.- 711,000; raw materials for use in manufacturing, $209,659,000, againat $162,432,000: manufactured commodi- ties, $151,070.000, against $141.107.000; partly manufactured goods, $50,751,- 000, against $53.428,000. e L RAIL: EARNINGS UP. C. & 0. and Atlantic Coast Line Make Good Showings. NEW YORK, November 2% (#).— Additional earnings rveports of the carriers for October, otheér than the coalers, continue to show increases over the same month last year. Tha New York Central gained $189.719 in net operating income, the Missburi- Pacific $235,033; Northern Pacific $178 - 504, Great Northern $60.291, Chesa- peake and Ohio $954,216 and the At. lantic Coast Line Railroad $1.378,998. ‘The Central Railroad of New Jersey net operating income fell to $420,625 from $1,665,122 a vear ago. 15,000,000 HOLD STOCKS AND 45,000,000 BONDS NEW YORK. November 28 (#).— Wall Street statistics show that 1 000,000 persong in the United States own stocks of varlous corporations, ‘while the astimated total of those hold- ing bonds and life insurance le placed at 48,000.000. . May 3814 tn AR5, Sugar has | | the | South and elsewhere, and hearish sen- | timent seemed to he encouraged hy expectations of a continued large movement in view of the favorahle weather. January sold off to 19.96 and May to' 19.50 by ‘the end of the firat hour, or | about 13 to 1% points net lower. New York futures closed harely steady at A net decline of 1X to 4 point | December 5 ! danuars t | Wareh o 0Ar | | | Mas Sy ning March “03R January 19,55 December. 1097 ar Jule New Orleans Quotations. NEW ORLEANS. November The cotton market opaned easicr despite fairly good cables. First trades showed losses of 3 o 14 points. | Prices eased off further atter the call mainly on good weather shown by the map over the belt which is expected to aid harvesting and ginning. Janu- ! ary traded down to 19.64, March fa | 19.33 and May to 15.95. The undertone | was hearish. New Orleans futures <lnsed barsls atends At e et o T ot 1580 1a 81 1K a4 S 1081 Mar 28.- Close 105 anuary as 1 | i | i%a i 137 | 4 | jo.0f CHICAGO LIVE STOCK MARKET | CHICAGO. November 28 (). —Not withstanding declines at the stari.| wheat prices today soon showed ! fresh upward trend. Initial setbacks | were aserihed to downturns in Liver mool gquotations. On the other hand. Buenos Alres advices recefved here ' telling of hlack rust aver antire west | section of Argentina and part of the south =aid the crop stuation was eriti cal and that many helieve the Argen. tine axportable surplus will not | amount to 100000 000 huyschels, Chi | cago openinz prices. % fo 1% lower, | new atyle. Decembar 1.64% (0 1.64%, and May 1.60 to 1.60% . wore followad | by a rise to 1.661; for December and R2% for May Corn and oats swaved with wheat After opening at 'y to % down. De. cember to 73 the corn market recovered 1 of tha loss. Oats started at a shade 1o 'ealy off =azged a trifle more nd then rallied | Provisions ware responsive to lower quotations on hozs RAIL EARNINGS EAIN, NEW YORK. Novembher s () Octoher net aperating income of the Western Pacific amounted to £734.363 against $632.495 in October. 194 Net for the 10 monthe this vear was | $2.518.060 against $2.3 vear ago REAL ESTATE LOANS ST araRRR i RESIDENCE LOANS AT LOW RATE FRED T. NESBIT TMENT BLDG. Main 9392 WE FINANCE —all classes of income-producing property Large Loans a Speci Current int. rate and commi Higbie & Richardson, 816 15th St. N.W. TO LOAN ON REAL ESTATE| GEO. W. LINKINS 1733 DeSales Street 2090000 0060000968 WANTED! ¢ SECOND TRUST NOTES e e T % H 715 14th St. W. Main 3663 . Electric Light & Power trust notes. secured om D. OF Tiearhy ‘real eatate. Promp Itlfion. in every case. Washington Investment and Transactions Co. Includez ithe Elecirie Light & Power Com- panies serving Cleveland St. Louis & Milwaukee and adjacent territories. The North American Company is _one of the oldest, largeat and most suoccessfui TUtllity Holding Companies in the coun- rry. Statement just issued shows Record Earnings Descriptive bgg!|'l on reque We suggest the purchase of North American Company ocommon #teck at preasni prices. CRANE, PARRIS & CO. 823 15th St. N.W. Washington, D. C. ATEARARRAL AN ~ 1433 K Street N.W. Mor:ey to Loan Secured hy firat deed of trust on real eatate. | Frevaiiing intarest and commission Joseph 1. Weller 58 Wi (04 | FIRST MORTGAGES FOR SALE Denominations of $250, $500, $750, $1,000 and Upwards 6'2% All Loans Made on Property Located in the District of Columbia JAMES F. SHEA 4 SN ve A large amount of money avallahle for 1st and 2nd Trusts and Construction Loans on Modern Buildings Call Mr. Murray N. L. Sansbury Co., Inc. 1118 Eye Si. N.W, Main 5901 ASTEEERRACTA VTR REXNENS When You Have Funds to Invest, Consult WELCH, Loan Specialist Fatahlishad 1899 617, and 7'/ Real Estate Notes for Sale in Amounts from $250 up to $1,000 or More. Consult Welch, Realtor Loan Specialist 15th & N. Y. Ave. Main 4347 ANNNNNN e ————————————, _First Mortgage Brokers We supply investors with first mortgage notes, and have plenty of money available for D. C. loans based on 807, appraisal. Write, Phowne or Clarence L. O'Donnell, Mortgage Dept. W Mer. {CAFRITZ C 14th & K COMPANY | Main 9080 The Time— —vyou consume m | aging your l\partnwnl “ House property far more than Saul costs you Service. To econo- m'ze, have us supervise your leases, collections and maintenance. B. F. SAUL CO. 925 15th Street N.W, To the Investor Is Generally NEVER A LOSS NO DEPRECIATION PROMPT SERVICE We Solicit Full Investigation Mortgage Investment Dept. SHANNON & LUCH5 Il 713 & 715 14th st N.w. | The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Fstate in the District of Columbia and Nearby Maryland Suburbs for 3, 5 or 10 Year Periods. 5%% ON APPROVED SECURITY Houses Business Properties Apartments Office Buildings Apply RANDALL H. HAGNER & GOMPANTY MORTGAGE LOAN GORRESPONDENT 1321 Connecticut Avenfie Telephone Main 9700 _— Metropolitan Life Insurance Company FIRST MORTGAGE LOANS BUSINESS PROPERTIES OFFICE BUILDINGS HOUSES APARTMENTS CONSTRUCTION LOANS WEAVER BROS. Realtors 809 15th Street N.W. Taking Profits TOCKS today are selling at high fig- ures. Are vou one of those who have participated in this rise and are consider- ing taking profits? If so, would it not be wise to place those profits in securities which do not which therefore, protect the profits vou have made. 8 fluctuate and will, Our First Mortgages are worth one hundred cents an the dollar every hour of every day in the vear. and at the present time yield the considerable return of 6147 7277 Swarwell, M 727-15 Street.NW WashingonDC. 56 Years Without Loss to An Investor. Capital and Surplus. $2.000.000.00 Service and Security that have stood the test of fifty-eight years will he at your command when vou make this bank custodian of vour Pay Day or other funds. §Carry your surplus at this big bank and have 100% protection for vour money. Deposits of any size invited—Same Rate of Interest paid on small and large accounts. Open Until 5:30 P.M. Mon., Tues. and Wed. DIRECTORS: Wiliam D Hoover Rezinald S. Huidekoper Victor Kauffmann Charles Minshall Fdmund D. Rheem Frank Stetson Frank W. Stone William H. Walker Henry K. Willard Over 45.000 Depositors Wondbury Blair James A. Buchanan Wm. A. H. Church Walter C. Clephans H. Rozier Dulany. ir Wm. E. Edmonston Franklin H. Ellis Frederick A. Feoning H. Prescott Gatley Frank R. Ullmer. Asst. Treas. Bruce Baird. Asst. Tr. Officer David Bornet. Asst. Ti. Officer W. Hiles Pardoe. Asst. Treas Nati;;;\l Savings & Trust Co. 58th Ye-r Oldest Savings Depmitorg' in Washington Cor. 15th and New York Ave.