Evening Star Newspaper, December 7, 1925, Page 31

"FINANCIAL. EGGS ARE CHEAPER IN LOCAL MARKET Larger Supplies From Near- by States—Butter and Meats Unchanged. Several slight decreases in price of “resh eggs from nearby Maryland and Virginia have been reported the past Yew days, and a further drop is vied for tomorrow. The cording to dealers, is gr creasing. First quality storage eggs ‘are reported as not so plentiful. Poultry dealers are looking ahead to the Christmas turkey market. They ure satisfied that there will be plenty of the king fowls on hand to meet de- mands, but there is no advanc mation on hand as to probable pr . Today’s Wholesale Prices. Butter ney, 1-pound prints, BT: tub, store-packed, 40a45 Fegs resh, fancy gele candled ge receipts, 5. &e, 36437 Foultry— Alive all and thir 5a30; fowls, urkeys, top, pring ¢ 38240 ickens, le Review. ts and | larket | reau of Agricultural demand New type, ater de. t steady: Cali- dozen 1 type, Onion Supplies Li Supplies iy , vellows, U demand light, 100-pound large size, Potatoes—Supplies mand moderate, market y: Mich- an, 150-pound sacks, Ru t Rurals, . No. 1, mostly 6.00; New Yor -pound sacks, Round Whites, U. 1, mostly €.00. Sweet potatoes—supplies liberal: de 11und moderate, markel about steady North Carolin: bar. vels, vellow: Porto *Ricans, No. 1, 4.00a4.3 Cauliflower—sSupplies moderate; de- narket steady; Cali de a0, Jornia, crates a2 Jobbing sales Tomatoes—No ported. String beans—Supplies mand good for good stock, market firm; Florida, 7-bushel hampers, green, for best, 5.00a5.50; mostly fair quality and condition, 3.50a4.50; wax, fair quality, 3.00a3.50 Eggplant Market Dull. Egeplants—supplies light; demand noderate, market dull pep- per crates fancy stock, fair quality, #.00a3.50; some poor condition rough scarred low as 2.00. Okra, squash—No ket, no sales reported. Peppers—Supplies light; demand moderate, market firm; Florida, pep- i yper crates, faney stock, fair condition, ew, 4.50; 1'a-bushel ham' , zood quality and condition, | 5.00. Cucumbers—Supplies light, demand good, market steady: Florida, square | bushel crates, fair condition, 5.50. re light; de- ipplles on mar- pers fanc Production Record High. Production of manufactories in Oc- tober reached a new high record, the | welghted index of the Commerce De. partment reaching the basis of 100 @ sentative of the 1919 rionthly The output of raw | inaterials, use of the effect of the a mining suspension, was than the output | of 1 | SHORT-TERM SECURITIES. thracite Quotations fu eth ent ity of L Columb. G ntinental Pmrhxr Cr. Of “hion Ol of Calil €. S. Rubber 7% 1 Western Union 6% = Westinzhouse E.&M. 7s 1031 106 5 TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) —Noon.: Dec. 15. 1925 Dec. 15, 1925 March, 15.11 GERMAN BONDS AND STOCKS. (Quoted in dollars per million marks.) . Bid Asked fer Gt (w In) bs 1014-18. 406.00 l'nlv}) Sy 948 1010 -0 19000 136:00 BB S-54" (torced Toan) . " 8.00 o0V [ Ol!dEllu d*() ars per thousand mark: on Elec 4 198 Dro- = Sen Flec 305950 rlin 4s pre-war.... omb 35, a8 & 48 {amburg Amer Line 4 1. R erman Liord 4%as. North German Llovd russian Consols 3%s. Foeh 4% Dre-war fische Anilin . L6 (Ger Ge Elec) A mers and Privat Bank o ohto Gellschalt. . - rasdnar Bank Sische Bank cmataedter Bank. Sreur Bank Vienna Before You Invest—Investigate. It's queer how careful a man can bo after he's lost his money. Abe | 107. $1.000 at 107, i07 Received by Private Wire BY WILLIAM F. HEFFERNAM NEW YORK, December 7.—The curb market greeted the opening of the Sixty-ninth Congressional session ytoday With a renewal of the bull- ish enthusiasm which was prevalent throughout the past week. Financial circles were 1ooking forward with opti- mism to favorable legislation, and the upward movement in many quarters of the curb market was pronounced. Low-priced South American olls played a large part in the operations { for the r Foremost among these was Lago Petroleum, which was car- ried to a new high record on an enor- mous turnover, Standard of Indiana, in expectation of large disbursements to sharehoid NEW YORK, December 7.—Fol- lowing is an offictal list of bon stocks traded in on the New Curb Market toda; Sales in thousands 1 Allied 2 Allied | 3 o 8B 0 & Lt 0 16 Am P& L 68 new Anaconda 8" Asso 0 & B #5 Asso Sim H 03y AU GEW 1S S By At Fruie we S Bell T Can B8 Heth Steel Boston Serv P& 1Cons G Bal 5s F ons G Bal 538 E 1048 Cudahy b b s 02 Detroit Ed’ 6 oit Ed 7a sneral Pet Trunk 1 Steel B L Tt vt ure 071" Co' 6 n sein R £01 %07 Sloss Sheft is S cal” B Southess P & ONY = 65 10013 103 ull Su' Gl of Hav 7 1003, 1008 S100% 1003 50 1003 1005 ¥ 30101 * 10078 o g B LR LD L, 5 Yacuum' Ol 2 Walw w We Andian Nat C 12 TiCity Cologne Olan N4 % 3 Est R R France 7s 84 Denm 5 B Denmark Santa Fe & El P Ltd Tol H E P 7138 05% Sales in STANDARD OIL 1SSU in units, 400 Anglo Am_ Oil. . 200 Ang 0 A vie ¢ d oo Ath 9% T 1 5 Can riéw 10mnd P L 11300 Intl Pet” ¢ 300 Nat_Tra-sit 20 N'Y Transit 10 Northern P 1 1200 Ohio Ol 1590 Benn, Mex' Fue 00 Prairie G ) Prairte P L.-.. 1 0 South Penn Of1. 1 90 Southern P L. . 10 Sou W Penn P 'L 64050 Ld! 0158 1695 STOCKS. 4 at 103 ower nfd. wi—| 0 at 1045 . 5 at togi 10 clomac Electrid ‘Interim Recéipts—s ')E:"suhmnflnnkwr. & Elec. ptd—10 Lanston Monotype—10 at 84%. AFTER CALL. Washington Rwy. & Elec. ptd—10 at 008, “apital Traction Co0.—2 at 10: Washington Rwy. & Elec. pfd. at 008 Pctomac E| oW, DIA. W.i—5 at 1044 . Potomac Elec. Pow. 7s ‘41 000 at $1.000 at 10 Washington Ruwy Elec. com —1 shington | & Elec. com—10 at Moves—Call loans, 5 and 6 per cent. Bid and Asked Prices. BONDS, PUBLIC UTILITY. American Tel. & Telga. 45, . American Tel: & Telka. 4155, Ami. Tel. & Tel. ctl. tr. 5s.. . tacostia & Potomac be. & Potsmac kuar. 5 Telephons 58 . & P! Telephone of % ipital Traction B. R. 38... ty & Suburban 68 eorgetown Gas 1st bs. otomac Elec. 1st Gs. . votomae Elec. cons. 5 Potomac Elee, 68 1953.. Pot. Bl. Pow. g. m. & ref ah., Alex. & Mi. Ve shi Alex. & Mt b Balt. & Annap. b NMington Gas bs.... . Washington Gas %00 Wash. Bwy. & Elec. 46,0 Wash. Rwy. & Elec. gen. MISCELLANEOUS. Pot. Joint Stock L'd BK. bs.. Riggs Realty b8 (long) . Rikgs Realty 5s_(short} .. Southern Bidg. 81as.. . Wash. Mkt Cold Storage 5s. . Wardman Park Hotel 0s.... . STOCKS. PUBLIC UTILITY. Al 8 Tel. & Telg: 14 Eibital Traction b0 vashington Gas.. . 70 1, Neorfolk & Wash. St 270 RS B 48y, Wash: Rwy. & Elec Wish: Rwy: & Ele 9013 NATIONAL BANK. W Wi i 3 -American Liberty incoln Seeon i % Nationai Bank of Washington TRUST COMPAN American Security & Tri Conunental . {erchants; “Trust. Sk Wabington Loan & Trust. Fast Wi Security 8av. & eventh_Streef ‘nited States . Washington Mechanic ¥IRE INSURANCE. American Cercoran Cireme g 2 Nitional” Union.. 1000 TITLE INS! columbia ..o Real Estate Title. MISCELLANEOUS. r pfd. ... 82 Riercnante: Trans. & Storise.,135 Mergenthaler Li 191 Natlonal Ay 0ld Duteh Uld Duteh Market pid. * Martin says that a man who is not satisfled with 6 per cent and his pioney are soon parted. Tanston Monotype. Security ‘Storage... Washington Market *Ex div. THE EVENING STAR, WASHINGTON, D. NEW- YORK CURB MARKET Direct to The Star Office ers, was brought well above 66; Stand- ard of Kentucky, Continental at a new top for the present move, Vacuum and Gulf of Pennsylvania shared in the improvement. Stutz featured the motor group, es- tablishing a fresh high for 1925, whils the 714 per cent bonds reached their best figure and were almost 2 points higher on the day. There was nothing new concerning the financial condition of the company, however, to account for the demand. Pians tor the formation of a holding company to facilitate the proposed merger of Cleveland and Chandler Mo- tdrs continued to be reflected in fur- ther buying of the former in this mar- et F PSS Cit Serv’ new. Cit Serv pid. 2 Serv ptd Cit Serv B 12 Columbla cole “Synd.. . Euclid Qi1 Co..". 4K Giteon Oil Cor.. U Guif Oy of P Kirby Pet Ko Pt Leonard O 1 Lion O 6 Liviny 7 Mex b e ) R T 1 71, 4 i T Dlico - 48 Mount_Prod 1 G 21 N Traaord W Eng Fuel 0 New Mex = - T o Yy - 1 Woodiey Pet 35 Ab Straus Ine wi Sales in INDUSTRIALS. hundreds. A Straus I pf wi 108 Ala Gt_Soutn.. 107 11 Ala Gt south pra 197 Alum Co new ... 653 1 Alum Co new pld 9015 0 Am Bk Note wi 41 & Trac Multigr C Pow & uperpows B 34 Superpow pf 25 &me: G4 S A Bohack H C i;u?n ‘Alumk ‘® v City Brown & Wi B 4 Celluloid C ptd. . 3 Central Stee] ... 7 Centrit Pip Co 1chie Nip £ 77 1% 4 Balt new us Dairy Prod. ntin Bak A.... 8 Contin Bak B, [ 3 Contl Bak pid 2 Contl Tob Inc 1Curtiss Aero M. 9 De For RC vie R o B Wi Die CC. . rCo& R & 8 Dunhill Intl' 1 23 Durant. Mot. . 7 Dup C&R vir W SrnEAr 1F; H oM« 'y Eran HH M C 1 Freed Eise R 18 Freshman Chas . 125 Gamewell Co. 2 Garod Corp i General Bak A General Firepri) T den Ire Cream.© BGen G & El n A 55 Gen Gas EI Rts. Ceen o x sehe 7 Gotham Hosier. 18Grimas R & O ) .7 Happiness C st 23 Happiness € St 5 Hazeitine_ Corp. 2 Heyden Chem - Hirea Ch A 1 Hollander ‘& It con™ Kb 95 Intl Con : $intl Conereta Ind 13 Inil Mateh C bt § i Pro Manvil 15 Kelvin. lurm(" 5 & 50cB 3 1¥d W ULl p1d.. 973, 3 Mid W T e lien 107 4 Midvale Co .7 25 3 Miller Rub riew. 44 2 Mohawk Val new 35 Mu Rad Radio.. 30% 4 Music Master o 0§ Nat Leatner ... 41, Pow & Li. . 435 D& Lo wi 20% P & L pt.102% Pub Serv A 23t Tea 0. " 590 ¢ Calit ‘Elec.. 34 w England Co 11 » s ™ ceom SEEE - B o @ SEEERES . EELE BN S el FEC T e Brotats [ SRS RO EIG GO Pow 'C. Phila Elec ... 44% 1 Phila Elec ris... 8 1% Pitts & L"Erie” 1583 8Power Corp N ¥ 7418 3 Prati & Lamb C. 4 Eroct & Gamble.. 1301 Burity Bak A.. 41 18 Rand c ExBu'n 40 2 Revub By & Lt- 0 Mot %, Rich " Rad” new 54 Rickenbacker ova Radio . .+ 3 Bordt Bk Powd safe C H & Li.. % Safety Cabla - % Singsr Mix Singer 1k 7 Serv Bl Corp A 4 Sleen Rad v 1 ofs 40 South Gas & P4 6 SGuinea PAL 150 G SrBonans Dt Snn @SS & SEEe ™ e Jores F2 SRS S S ) e Babk > o Sakk . e Sake et e Ersrsomoramesrs 205 5 e 03 e Eisrammasratricss I OFE S e % Erarsono R i EFFFTE TR Fra o R oo AR B I B I b 300 A B GR 2 F e S Gb E NG S A - 0 o NN D I S0 N GOV A ok a0 a0 e Tung Sol Lamp. Tung 8 Lam, nA 10 Union " Carbide. . 2 Un EI Coal vic. O i Ot 5 0 1OV 100 5 s e 0 I B X % B D A S - G & at ‘ i mp C. | :igitlxhszh&np A ar ne: PLCA B joe e T eeTerY B R IR A D TS ON S O 1 D RS ] B A R P ORRE S R SRR ARONIE O FRE REE RIS R R tasirast e Eonca! < ety ERELBERES0. icl A alworth Mfg. . are Radio r eI EL A s raxt ¢ Ry MINING STOCKS, 20 Ariz_Glabe Cop. . 8 Calaveras Copo": "% 2 Cons, Cop_ Mines 4 Con°Min & Sm Dolores. Esper. .. . 4 Eng Gld M Ltd T 30 Eureka Croesus.. . . 0 Fir Thourht G M | 8 Eorst, Nine M 5 Mi 20 Golafid Cone CrmaaS @i <3223 s PRt AR SRR R ER S Ham 1seemt Ham R EERLE3RE. max o oo b 3 u..q' z, o ¥ 258 ¥ ooz s Soomao BB 2085258 ) 10 Hawthorne 2 Jerome Verds dFEE IR - FEER =P o i 0o o i ® W T o & PSR BT 2 Uni Zinc Smelt.". . 1 Wenden Cop . 10 West End Ext o imo S Bomsondue! o tme Seoton | ber, 1912 COTTON TRADERS AWAITU. 5. REPORT Quotations Ease Off Today as Larger Crop Total Is Anticipated. By the Assoclated Pres NEW YORK, December 7.—Cotton futures opened barely steady. Decem- ber, 20°10; January, 19.38; March, 19.33: May, 19.03; July, 18.67. The market opened at unchanged prices to a decline of 9 points with the active months showing net losses of 6 to 12 points under a renewal of commis- slon house liquidation, Southern and local solling. The relatively steady showing of the early Liverpool cables seemed to be offset by the tendency to increase estl- mates of the crop, but absorption of the early offerings steadied the market around 19.37 for January and 19.01 for May. In addition to cover ing some trade buying was reported and while trading continued active, prices showed rallles of a few points from the lowest by the end of the first half hour. Three more private crop reports were issued this morning, and esti mates of the yleld ranging from 15 300,000 up to 15,646,000 bales. New Orleans Quotations. NEW ORLEANS, Decembe: Cotton futures opened steady January, 191 VMay, 1 July, 18.2 The market opened in vith cables, which were Larely as good as due, and also because of continued z00d weather in the belt. First trades howed losses of 4 to 6 points and ‘ririces eased off further right after the call, owing to a belief that the “overnment will issue an increased ‘rop _estimate tomorrow. January raded d n to 19.08, March to 18.73 ind May to 18.50. There was little in ~lination to trade, owlng to the im- nending Government e e Cotton Values at Noon. NEW YORK, December 7 (#).—Cot ton futures, 11.45 a.m.—Bids, steady; December 20.¢ 19.39 arch, May, 19.01; July, 18.61. EW ORLEANS, December 7 —Cotton futures, noon bids December, 1911; January. 15.79; May, OVER-COUNTER DEALS ESTABLISH NEW RECORD W YORK, December 7 P)- Transactions in securities dealt in over the counter in Wall Street will establish a new high record this vear according to specialists in this branch of stock trading. The enormous ex. pansion in Stock Exchange dealings, has stimulated a corresponding de- mand for unlisted {issues. Many popular stocks now traded in on the “big board” are said to have received thefr first ‘“priming” In over-the- ‘ounter trading, such as General Rail- way Signal, Eastman Kodak, New York Canners and Ingersoll-Rand. TRADE VERY BRISK. Previous Christmas Trade Records Will Be Broken. | Dispatch to The Star BALTIMORE, December The holiday volume of trade this year will break all previous records, according to merchants. Buying began earlier than usual and is now in full swing. Initlal orders placed by retail dealers were larger than they had been for several years, but despite this fact re- peat orders have been numerous and restocking continues brisk About the only complaint heard is that the mild weather buying of seasonable goods. There is seasonal slowing down in wholesale lines, but dealers report sales hav been large and that they are rounding out one of the best vears they ever realized. Outlook for 1926 is promising ROCKVILLE, Md., December 7 (Special).—The development of co- operative selling will be ‘one of the principal matters to be given atten- tion by the Montgomery County Farm Bureau the coming year, according to Josiah W. Jones, president of the or- ganization. Much dificulty has been experienced In interesting the farmers in the co-operative plan of disposing of their products, principally becaus of the proximity of the Baltimore and Washington markete, them to haul by truck. The farm bu reau, however, has, it is said, experi- mented sufficiently to be in a position to glve assurances that by selling through a common agency much han- dling is eliminated and better prices obtained. A greater volume of busi- ness in co-operative buying will be aimed at by the farm bureau the com- ing vear, in addition to developmeint of the co-operative selling idea, so the farm bureau people state. The last big publjc meeting in the campaign of the farm bureau to_ increase its membership, which has been in prog- ress several weeks, will be held in Masonic Hall, at Galthersburg, next Saturday evening, with Miles H. Fair- bank and Frank M. Payne, State or- ganizers, as the principal speakers. A meeting of the board of directors will be held here Tuesday, when re- ports from the membership drive will be submitted and plans completed for the remainder of the campaign. ‘The annual banquet of the People's Life Insurance Company was held at Dixle Tavern here Saturday evening with a large number of officers, su- perintendents of departments and others in attendance. The event was in honor of the Rockville branch, which led all of the 18 districts in in- crease of business during the year which ended November 23. E. M. Dod- son, superintendent of the Rockville branch, was toastmaster, and short talks were given by B. W. Chiswell, F. L. Leith, J. C. Duke, W. S. Hall, V. R. Rudd, W. A. Compton, E. C. All- nutt, F. H. Heaton, George Gaver, J. M. Young, W. Bready, M. Jenkins, H. W. Tally, George Pryor, King Cole and others. Cyril Spencer, young resident of the lower section of the county, was found guilty by Judge Samuel Riggs, in the Police Court here, of operating an au- tomobile while under the influence of liquor and was sentenced to jail for 30 days. He is a brother of Roy Spen- cer, recently convicted of a similar of- fense and given six months in the house of correction, and who appealed to the Circuit Court, where he was found gullty again and is now await- ing sentence. Spencer Connelly of the Hunting Hill neighborhood was tried by Judge Riggs on such a charge but was acquitted. C. K. sympathy ). All Spe B RECORD WHEAT SALE. WALLA WALLA, Wash., Decem- ber 7 (Special.—George Drumheller has sold approximately 140,000 bush- els of white wheat at $1.50 a bushel net to the grower, without grading, to Kerr, Gifford & Co. of Portland. This was the highest price of the season and the largest individual sale. —— e Soclety women in London are reviv- ing the old fashion of wearing a posy of flowers on the shoulder of a gown. has retarded | which _enables | C., BANK RATE REMAINS RESTRICTING FACTOR NEW YORK, December 7 (#).—With the stock market recovering its equili- brium last week for the first time since the reaction caused by the ad- vance in the Boston rediscount rate, Wall Street began to look forward to a return of the speculative enthusiasm which characterized “the early Fall trading. Bankers have pointed out, however, that the question of a change in the New York Federal Reserve rate | still overhangs the market and that this uncertainty acts as a restrictive influence. With the Treasury's $450,- 000,000 offering of new certificates out of the way, it is believed that less objection will be raised to an increase in the bank rate. ROAD'S NET DOUBLES. ATLANTA, December 7 (Specfal).— The increase in freight movement in the South s strikingly illustrated in the figures of the Atlanta, Birming- ham and Atlantic Raflroad, which show that the net operating income this Fall has in some months be twice that of 1924. The receivership under which the road Is operating is expected to be lifted shortly. INSURANCE —in all fts branches. Let us know Your requirements. We can serve you. THOS. E. JARRELL 10th St N.W. Main 766 Stoeks Bonds ernatl. Bank. Mte. Bonds " Bond-Guar. Miiler Tral Natl. MEHLMAN & 1319 F St. N.W, . hain 8847 Money to Loar wred by fi 1 of trust on r Prevainin . eph 1. Weller ; First Mortgage Brokers i Clarence L. 0'Donnell, Mg Mortgage Dept. CAFRITZ COMPANY | 14th & K Main 9080 Mortgage Money to Loan Real Extate. Let us finance Your properts. THOS. E. JARRELL Member Washington Real Estate 721 10th AW | Board St JARRELL Member Washington Real Estate ] | 1] 721 10m s Now. | | | REAL ESTATE LOANS | T { 20 HUEREEY RESIDENCE LOANS AT L _FRED T. NESBIT NVESTMENT BLDG FEDERAL-AMERICAN 'l NATIONAL BANK ||| RESOURCES, $14,000,000 ‘. 1315 F Street | JOHN POOLE, President MONEY 1O LOAN ON REAL ESTATE| GEO. W. LINKINS | | 1733 DeSales Strest i We Buy and Sell | Liberty Bonds | Treasury Notes Etc. Bond Department The Washington Loan and Trust Company | 900 F Street 620 17th Street ~ Prompt Actlon First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. 38 15th Street WANTED ! SECOND TRUST NOTES Funds available for the pur. chase of all kinds of nd | | or nearby sctiop In every case. Washington Investment and Transactions Co. 915 14th St. N.W. Mnin (222222222227 9000046000000 | to the Purchasers of First Trust Real Estate looking after the insurance an of it are over $2,250,000. 26 Jackson MONDAY, DECEMBER 7, 1925. First Mortgage Notes For Sale In Denominations of $100, $250, $500, $1,000 AND UP 637 Interest Becured on D. C. Real Estate Wm. H. Saunders Co., Inc. Established 1887 1433 K Street N.W. “Loans Made to Builders AT CURRENT RATE OF INTEREST FLOYD E. DAVIS COMPANY 733 12th §t. N.W. 501 7th St. 8.W. Muin 352-303. Stocks Bonds 0dd Lots Carried om Margin Buck & Company —BROKFRA— Established 191% 312 Evens Building 1420 N. Y. Ave. N.W. Tel. Franklin 7300 Direct Private Wires to New York Burglary Insurance 1 This danger of loss by burglary is a very real one. Each day’s newspapers ry reports of crimes against prop- Robbers, burglars and sneak ‘e active in almost every com munity. Their cleverness and daring put the householder completely at their merey. Once a home is marked for it is more than likely to be thor- ansacked and robbed of all its . for these outlaws patiently wait just the right time to make their strike. Bolts and bars won’t keep them | out when you are asleep or away. WILLIAM R. ELLIS 1539 Eye St. N.W. Main 2029 NOW 7% For December Investment or January Reservations FXFTYATWO years of proven safety are behind First Mort- gage Bonds, yielding 7%, which we now offer for December invest- ment or January reservation. You may buy these bonds in maturities from 2 years to 10 years, and in denominations of $:00,$500, and $1,000. Send your name and address on the form be- low for descriptive circulars. NoLoss to Any Investor in 52 Years The F. H. Smith Co. Founded 1873 Smith.Building Main 6464 815 Fifteenth Street, N. W. Phiisdeiphle New York Minneapoli Piowburg] Think Ahead— make plans that will free them from worry in later vears. Ask for our spe- cial booklet about the most secure and satis- factory method of sav- ing and investment that can be devised. It will cost you noth- ing to obtain the book, and there will be no ob- ligation. Mortgage Investment Dept. HANNON_& LUCHS 713, 715 and 717 14th St. N.W. Main 2345 6%2% What Our Guarantee Means Our Notes Ist. The property has been appraised by men of many years’ expe- rience, recognized experts in valuing Washington real estate. 2nd. You_are relieved from all responsibility of collecting interest, d taxes. 3rd. Each note bears our endorsement, which means that we guar- antee each note, both as to principal and interest when due. 4th. The guarantee of this corporation is better than a personal guar- FINANCIAL. The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Maryland Suburbs for 3, 5 or 10 Year Periods. 5%% ON APPROVED SECURITY Apply RANDALL H. HAGNER & GOMPANY MORTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Houses Business Properties Apartments Office Buildings Equitable Co-operative Building Ass’n JOHN JOY EDSON, President FRANK P. REESIDE, Secretary Organized 1879 46th YEAR COMPLETED $5,031,814.86 Surplus $1,352,749.93 Subscriptions for the 90th Issue of Stock Being Received SYSTEMATIC SAVING The quickest way to ac- Assets surest and Join the Equitable and save with the cumulate money is “Army” of regular % saving ally. ystematic- depositors. 2 Join today. 915 F St. 915 F St OLNFST NATIONAL RANK IN DISTRICT OF COLUMBIA Eminently Practical Gifts A SAVINGS ACCOUNT to build, at The Metropolitan, will make a distinctly helpful gift for that growing youngster of yours. “Xmas Savings Accounts may be opened with as little as ONE DOLLAR. 3(,”( Interest Paid on Saw'ngs National Metropolitan 111 Bank 111 Years Years Old O1d 15th St., Opposite U. S. Treasury STEP BY STEP As vou progress step by step in your earning power, progress step by step in your investing and providing power. At this time of life you can well afford to secure part of your income in our 61,% FIRST MORTGAGES Our more than a quarter of a century’s experience without loss to any investor establishes the protection our First Mort- gages afford your funds. Let us tell you the ease with which vou can acquire these protece tive, productive securities. B. F. SAUL CO. Main 2100 925 15th St. N.W. Quarter of a Century Without a Loss antee, because its existence is perpetual and the resources REAL ESTATE MORTGAGE AND GUARANTY CORPORATION Place N.W. L. E. BREUNINGER, Pre ' That Christmas Bonus! A Christmas bonus will buy a few eve- nings of psodigal entertainment. It will buy a few unnecessary luxuries. Or it will purchase some sound securities for you—securities that bring in a regular, certain income. Invest your Christmas bonus wisely. In- vest it in a security that couples high factor of safety with high yield. Swartzell, Rheem & Hensey Company offers for your consideration First Mort- gage Notes yielding 614% per annum. Sware 56 Years Without Loss to An Investor