Evening Star Newspaper, December 8, 1925, Page 31

EGGS OFF T5CENTS INPAST FEW DAYS, = Feature of Local Market at Present—Butter and Meat Steady. A decrease of 15 cents in the price ot fancy, selected ecandled eggs from hearby farms the past few days, bring- Ing the price to 60 cents, is regarded by dealers as the most interesting feature of the wholesale market dur- ing the early Winter season. Addi- tional decreases are scheduled for the near future, it is stated, uniess blig- zard weather appears to prevent of delay shipments. Prices of rabbits from nearby States have slightly advanced this week. Rabbits were reported as very plenti- Tul a few days ago, many consumers making purc s to take the pluce of poultry, but size of shipments has materially’decreased, und the demand hies continued to the extent of boost- {ng prices. Butter pric remsin unchanged, and only slight changes in the meat market were reported, the changes not materlally affecting the vetal trade. Today's Wholesale Prices. Butter—Fancy, 1-pound prints, 55a 37: tub, 63as4; store-packed, 40a43. Eggs—Local, fresh, fancy selected, candled, 0; uverage receipts, 09a56; storage, 36a37. Poultry—Alive small and thi 8a30; v, top, 33a40; ; Spring elilck Leghorns, 2 small chickens, 33a35; N Leghorns, ducke, 30; weese, 30; keats, 80a1.00. Live stock—Calve: Meat—Beef, 17; L 28a30; pork shoulders, 28a25. * Fruit and Vegetable Review. Today's market report on fruit and vegetables (compiled by the Mar- ket News Service Bureau of Agricul- tural Economics) says: Apples—Supplies moderate; demand moderate, market steady. Barrels, Delaware, lack Twigs, fair quality Virginia and Mary- d A, 2% inches up, inches up, 5.50a6.0f Bo: Washington, extra fancy vmans, 2.75a3.00. New York Syps, or- hogs, 121g. pork loins, fresh hams, Windfalls, medium Delicious, Bushel baske chard run, 1 Cabbage light, mar! bulk, per ton, Danish t Celery—Supplies moderate, market steady. ‘rates, mostly 6 dozen, € 3.50a3. demand ew York, 40.00, demand California, 16.50; New ome fair quality, 3.0 Lettuce de- Cali- 5 dozen moderate; steady rpe, 4 Supplies Onion Demand Light. Onions—supplies light; demand light, market steady; Michigan, 100-Ib sacks, yellows, U 0.1, large size, 3.00. Pota’oes- mand moder: moderate: de v 2nns sackes Round Whites, U. 5086.75. Caulifiower mand moderate, market California, crates, as_2.50, Tomatoes—No ported. String beans—Supplies limited; de- mand good for good stock, market steady; Florida, %-bu. hampers, green, 1.00a4:50; tew best, 5.00; Tair quality and condition, 3.50; Wax, fair quality, .00 moderate; de- fairly steady: 2.5 Other Prices Today. upplies light: demand t firm: Florida, pepper 0400 ind cucumbers—No no sales reported. light firm: Florida, LU0ad.50. es liberal; demand fairly steady; Vir- xinia, Norfolk section, cloth-top veneer harrels, Savoy type, 3.50. Supplies moderate; demand e, market fairly steady; Vir- winia, Norfolk section, cloth-top veneer barrels, 1.50 5 zaplant— moderate, mark Okra, lies on market ppers moderate pep- $1,250,0C0 TOBACCO SALE IS REPORTED LEXINGTON, Ky., December 8 (). ~A sale of approximately 5,500,000 pounds_of Burley tobacco, involving nearly $1,250,000, to the American To- bacco Co. was announced here yester- day by James C. Stone, president and general manager of the Burley To- bacco Growers Association. This is the American Tobacco Co.’s second Jarge purchase the other being 52,750,000, S SHORT-TERM SECURITIES. (Quotations furniched by Redmond & Co.) eas Balth fiars Qpotr city of Columb. &. & F. Continental G. B ) %353 LEE i A @3 AE=SSRS23SSSITEaE SRS P oy s FEPEY A New York Central 65 1035 Qregon Short Line 4+ 192 Penna. B. R. 7s 1050 Swire & Co Tidewater” G nion Oi Union Pue. R. TS Rubber Thion_ 61 o E.& T 101%. 1001116 00 097y COAL DIVIDEND VOTED. SCRANTON, Pa., December § (). _-Directors of the Glen Alden Coal who, at their regular meeting » a week ago deferred zction on their semiannual dividend of $3.50, voted today to de i POSTUM SALE DENTED. NEW YORK, December § UP).—A report from Datavia, N. Y., yesterday 4 ihat the Postum Cereal Co. had been burchased by the Jell-O Co. In a $30, 106600 trangaetion was officially de- picd todsy b the Postum Co. demand | G NEW YORK CURB MARKET Received by Private Wire Direct to The Star Ofice BY WILLIAM F. HEFERNAN. YORK, December §.~The neral list quieter on the curb exchange today, and there were few Higher prices were the rule, however, with improvement for the most part confined to selected stocks, which were moving for speclal rea- sons. Lago Petroleum featured the oil group in point of activity and strength, a blgek of 21,000 shares opening at a new high at 97, after which it was dealt in In epormous volume. Its strength was coincident with great uc- tvity in Pap-American Petroleum class B on the stock exchanze NEW YORK, December 8-—Fol- lowing 1s an offictal list of bonds and stocks traded in on the New York Curb Market today: Sales in thousands. High, um new '33. 1081 m & Elec u.xrnng:Z S Am Wt Whe Be s 10478 ¥ Anaseonds 6s 10: § Auends ve ot T 5ol el tan o 4 Breoner Turbin wi iCan Nat Ry 7s. 27 Cit Serv 8 SR SEARE SIS oy 22322353 P20 25 S S o mes s S D SO o DY 5 2 SRR RO R L SRR AR o R DR S B S5 o55me s = BHSrE i E oo et 2005055 > RS BRRE S Cooos5oy! o B PEFIT FEETEEGIRE * S oD 233! S3SRS32=R]RE 3 e e S3RE2EEE Seuss! 2Dy SR o 54 332 Soo553555 2B 9 FR1TS Salexin STANDARD OIL ISSUES. in units. )0 Ang A O 300 Atl' Lohor %2z EErd it 1 140 Makniia et 100 Nat Transit Xy Tk & 335833%! A - P LY 136 Peon Ol ex-d 171 n P L 222800 223358 Am Contr Qilfids PR Vel Ark Nat Ga ? 6l STy B it Serv 24 Columba”kyrid 1Cona Rovaliies § Creote Synd SALES ower bow “prd Iae: s oW pfd. Int. effs.—20 W pte. ot eita—20 at < Light—10 ad ¥ 1—10 5. & Elee. pd—10 at ston Monotype—7 at Craentnaler LiRopess ot AFTER CALL. Washington Gas dg '3 o S1000 at 104 54, 8200 & TRLR 2t 1034, Potomac' Elec.’ Pow. pld. Int? etfs.—5 at Money—Call loans. 5 80d 8 per cent. Bid and Asked Prices. BONDS, PUBLIC UTILITY. American Tel. & Telga. 4n... 815 American Tel. Telga. 4%s. ON Am. Tel. & Tel. etl. tr 1048 Aracostia & Potomac D & 4 Ana & Potomae guar R P. Telephone b:. e P’ Teleohone n‘ wen. Balt! Washington Gas Warhington Gas Wash. Rwy. & Ele wash, Rwy. & El STOCKS. PUBLIC UTILITY. can Tel, & Telga. Rraction BT & W, steamboat. e Pow. I W 82322238 on: & "3 mers & Mechani Saeral-American - fion Trust b 5 Washipton Lo . FIRE INSUBANCE. f % TITLE INSURANCE. e A GOl e i 100 * MISCELLANEOUS. | American Eercoras Eiremen ) D, C. Paper Did.... ... 62 2 “Trans. & Storags. 1 Mercom "=n 'l.ln”oflu o x ational e. & Inves Storage.. Washinzion Stari Ex div. | Washington Stock Exchange 2 at 108, 7 at 103. | at Although no definite announcement has been made, it is understood that te vewponse rket today and it wus bid up 4 points to 145. hhtu"m. s scauired e to that company hay! q oty oith another the American rights on u successful forelgn Process of storing live steam. 8% Rtz S 2 | d S Py Caotal as g 52 s i 5w P P 210 tre0S B oo Banint RS R R BT R A TS ERSTEILECE3S 28| g @ - FEEEEIF i > 8888 oo e s e 1 soatSes! St A 13 S o 2 g ¥ FEF T8 F e o gons & it PR S PR IR I & ST o 3 e o 22t 44 - BOO I RE DOR S SO S I DE R 2o i RO e e DS e aBLE_momsLBa o, o L F PR T & aE a3 e Ea ot 2! o i o Sapiid wi clohr & Bros ec Auto Lite . o2 I e N e r 2EE e = EESSERE o et i com oSt e o = 213 e e o e o SR e O e F e s o s arnar: FEFS - B IEPEEXGT G 3 o Baous 325 mgocn:mm. e oD (Db 288 _uwg gee 51& Pt e FSTE F TE E FRRETETISTEE OO S 2 e 30 DL Gt poas S R DL R ons a3 B eao e 3 B3 53T B DL F oS Dk B DR B S FEE I F ' EaET » S 2Lt Bros. ... 1 Cong Island Li B Marc Wire enge] Box. a B prod b‘{. pot : SV o m'i Mid West U prIn 107 Monawa Val new 35 ter C.. 6 T «Soo » lne o o 1 OB Or 40 D12 Brt2 3135 ST o 3 Peon itt & Lake er Corp s 14 Toct 'g Semvia lg i e R S e T DA SR B BRI I e 3 2 o ak B.. B n wi L "“ol 2 2 new pf 40 £33 F FFE T e 1ot - DG LB ISC B A BB SBS 3 T S B B S B SO » e o Sets TEELERS Lo matinens e S & RN S o Soronow s *F » oo ¥ A 2o THET BorsbEanSTeeattal) 3 ] i3 o PSS E3E) B Jomaras * Rro8Fonaras o Sus FOREIGN EXCHANGE. % | “Quotations furpished by W, B, Hibbs & Co.) - al checks [ Zanden tpunna. f i ontreal. dollar. 1.0 . ard anc. 103 STAR, WASHINGTON, D. C., TUESDAY, London Banks Are Now in Scramble For New Business By the Associated Press. NEW :o‘y;l.c. Deceml‘)er $.—Re- opening London jnvestment market to for loans after & lon&lundlu‘ embargo has resylted in & scramble for new businsss contrary to the traditions which prevelled before the World War, aceording to reports’ received here. Competition among London bank- ing houses, it is said, is now fol- lowing the more or less open policy which prevails in New York, with Fra‘p.c(fl that new forelgn financ- ng will go to 0 70 REBUL FLORIARAILROAD Expenditure of $2,500,000 on Line Into Pensacola Planned at Once. Spectal Dispatch to The Star, 8T. LOUIS, Mo., December §.—The first step in a bullding program of large dimensions by St. Louis-San Francisco Railway Co. will be taken shortly after January 1, when the work of rehsbilitating the recently purchesed Muscle Shoals, Birming- ham end Pensacola Rallroad will be- &in, President James M. Kurn of the Frisco announced today, The Frisco took over the road December 1. The Pensacola line is 143 miles in length and runs from Kimbrough, Als., to Pensacola, Fla. Plans for the complete rehabilita- tion of the railroad call for an expen- diture of §2,600,000, the Frisco engi- neering department states, Will Boom Pensacols. While the Frisco lines will con- tinue to serve, through important connectlons, the ports of the Gulf, such as New Orleans, Houston and Galveston, there will be a large amount of traffic from Kansas City, 8t. Louls, Memphis and other points to the Gulf diverted over the new line and jts connections at Birming- ham to the port of Pensacola, Presi- dent Kurn said. “In line with our statements to the Interstate Commerce Commission when we received upproval of our purchase of this railroad, we will place a force of more than 500 men in the field soon and completely re- habllitate the Pensacola line, makin it serviceable for trunk i the Frisco president sald. “Approxi- mately nine monthg will be needed to complete the work, since the road must be practically rebuilt. It is the Frisoo's intention to divert & great deal of Middle Western-Gulf port trafic over the new line to the port at Pensacola.” Road Practically Dead. Only one mixed train is being run datly from Kimbrough to Pensacole at this time, and no passenger traffic is han Poor physical condition, lack of equipment and limited connec- tions have cut the road’s traffic 1o & minimum. Rebabilitation plans call for redue- tion in the excessive grades on the road, many of which ‘exceed 4 per cent. These grades will be redyced to three-fourths of 1 per cent. Embank- ments and cuts on the line are nar- row, and will be widened to the 8c0 standard, 20 feet wide on the embank- ments and 26 feet wide ut the base of the cuts. ‘The present track has no ballast, but with the widening of the embank- ments and euts, gravel ballast will be laid. Fifty miles of light rail will be taken up and new S80-poupd rail laid. The light trestle bridges which the road now affords will be made capable of carrying the heaviest engines and maximum car loadings. All buildings, such as passengers sta- tions, freight houses, coaling stations, e will be rebuiit or remodeled, thousands of new ties put in track and | additional water facllities, such as, larger tanks, constructed H Gl S PORT BUSINESS GAINS OVER LAST NOVEMBER Special Dispateh to The Star. BALTIMORE, December 8.~—Port statistics for November show {m- provement over the previous menth and ahead of the correspopding period last year. In the direct and fndirect foreign trade 106 vessels of 834,997 net tons entered the port and ninety- nine vessels of 312,705 net tons cjear- ed. Coastwise and interecasta] en- trances for November are placed 168 vessels of 426,189 .net tons an elearances at 211 vesselg of 509,287 net tons. e Have You Been Stung Yet? Some men have to get stung good and hard before they learn to be ceu- tious in making Investments. Before you invest—investigate! STOCK PLAN RATIFIED. INCINNATI, Ohio, December § UP). —Stockholders of the American Laun- ! dry Machinery Co., have ratified & pro- posal of the directors to excnange 1,992 shares of the company’s stock for stock in the Canadian Laundry Machinery Co., a subsidiary. The ex- change will be made on the pasie of four shares of the former for each share of the latter, leaving 27,510 shares unissued and 375 shares of trusteed stock to be sold te employes. | COMMODITY NEWS | WIRED STAR FROM ENTIRE COUNTRY CHICAGO, December S.—Packers 1 say there |8 a strong demand for light .green hams, particularly in the South- east, where they are s holiday dish. The meat trade generally is reported to have shown a slight improvement during the last week with demand good for pork produets, and heef going at slightly higher prices. Collections are excellent, Indicating the prosper- qus condition of the country. DETROIT, December 8.—The Chev- wrolet Co, will close 1926 with an out- put in excess of 600,000 cars and trucks, exceeding the previous high ear by 60,000. The Cadillae Co. has urned out its 200,000th car equipped with V-type eightcylinder engines. NEW ORLEANS, December §.~The Celtex Manufacturing Co., makers of wall board from the sugar cane refuse, known a4 bagasse, will spend $2,000,000 in enlarging {ts plant and increasing !l‘o‘n%%“"y rom 400,000 feet a day to LEWIBTON, Idaho, December 8 — A tract containing approximately 225, 000,000 feet of pine timber in Idaho has been sold ay Henry Turrish of Duluth to the Weyerhauser interests for a ‘copsideration {n excess of $1,- 800,000. The tract is ene of the finest stands of pine in the Northwest, and has heen owned by Turrish about 20 years. COTTON DECLINES $L3010 §3.A BALE Increase in U. S. Estimate Causes Crash—Part of Losses Recovered. By the Associsted Press. NEW YORK, December §.~—Cotton rices broke $2.50 to $3 & hple on the ew York Cotton Ixchange today following the incresse in the Govern- ment's crop estimate to 15,603,000 bales, indicating the second largest yield ‘on record. The jump of about 300,000 bales in estimafed production over the last pre. | vious report, and the fact that gin- nings of 13,857,686 bales on December 1 were more than 1,600,000 larger than at the same time last year was the signa) for @ general selling movement in the market, which carrjed the price of Junuary contracts down to 19.07 cents and March to 19.05 cents a pound. Short covering lgter brought about partial recoveries. Quotations in New Orieans. NEW ORLEANS, December §.— The Government's final cotton estl- mate of 15,603,000 bales and total re- ported ginned to December 1 of 13, 857,684 proved much larger than had been geperglly expected. As a result, when trading was resumed after the customary 16 minutes’ interval, the first trade in December on the call showed a drop of 105 points, or more than $5 a bale. January dropped off 83 peints, and the Joss diminished as the call proceeded, until October showed @ loss of only 42 points. The Government’s estimate for lint cotton means a crop, including linter, cte., of 17,000,000 bales. Cotton Values at Noon. NEW ORLEANS, December 8.—Cot- ton futures, noon bids, steady. Decem- ber, 19.00; Japuary, 18.94; March, 18.66; May, 18.41; July, 18.11. NEW YORK, December 8.—Cotton futures, 11:45 a.n . euey, Decem- ber, 19.72; Jagnuary, 19.20; March, 19.19; May, 18.85; July, 18.50. LARGER CROP FORECAST. Estimate of 15,603,000 Bales Made by Government Today. By the Associpted Prees. | Cotton production this year will amount to 15,603,000 equivalent-500- pound bales, exclusive of linters, the Department of Agriculture today an- nounced, from December 1 conditions. An estimate of 15,298,000 bales was ~ade from November 21 conditions. Last year's crop totaled 18,627,936 uaies, The abandonment of acreage is esti- mated at 4.6 per cent of the estimated acreage of cotton in cultivation on June 25, compared with an abandon- ment of 3.0 per cent in 1924 and 3.3 per_cent, the 10-vear average. The December revised estimate of area of cotton for harvest this year is 45,945,000 acres, compared with 41, 380,000 acre 1924 and 35,581,000 acres, the fi average. The total yield of lint cotton per acre on the area for harvest is esti- mated at 162.3 pounds, compared with 157.4 pounds in 1924 and 146.4 pounds, the five-year average. Weather Very Favorable. “Weather during the last half of November was unusually favorable for picking in most States, and grow- ers have picked or now expect to pick some cotton which a few weeks ago they feared would be lost,” the Crop Reporting Board stated. “The quantity of low-grade cotton that will be picked | aiso depends on the price paid for the | lower grades. Recent ginnings are said to show some improvement in grade, but are mostly below middling | white cotton.” { Cotton of this ‘s growth ginner prior to December 1 amounted to 13,- £57,686 running bales, counting round | as half bales and excluding linters, ! eompared with 12,237,659 bales to that | dete last year, the Census Bureau to-| day announced. TOBACCO MEN HOPE FOR CIGAR TAX CUT Production Has Fallen Of During Year—Heavy Profits Reported. BY J. C. ROYLE. Special Dispatch to The Star. NEW YORK, December 8.—The to- baeco industry looked forward with keen anticipation today to considera- tion of the tax bill by the lower house of Congress. Men affiliated with the production, distribution and sale of | cigars declared that the reduetion in the internal revenue tax on cigars of 25 per cent, as contemplated in the preliminary negotiations of the ways and means committee, might mean a new lease of life to thelr lines of en- deavor. Production of cigars se fer this| year has shown a net reduction of about 6 per cent, as compared with { the corresponding period of 1924.! The total turned out in the first three | Qquarters of the year was 4,717,700,000, | and when the year’s total is compiled it probably will be around 6,650,000,000 big cigars. Heavy Cut Proposed. Jf the proposals in the tax bill go into effect, it will mean that §1,000,- 000 to $12,000,000 will be taken off the cigar taxes. Cigar manufacturers say that if this cut could be passed on to consumers in the form of lower prices seles would be greatly stimu- lated tn the cheaper grades. On even the 5-cent cigars the tax has amounted to close to half a cent each. During the last year the makers of high-grade cigars and of some low- priced, machine-made products have Teported the best profits in o long time. The decline in leaf prices of a certain type have been advantageous and some effective labor-saving ma- chinery has been instaljed. The consumption of chewing and smoking tobaccos is a rather stable factor and has not shown wide fluctu- ations from normal thls year. The real money-making branch of the to- baceo {industry, however, centered around eigarette production. More Cigarettes Produced. Increase of production has been steady for a number of years despite the efforts of reformers, who have agi- DECEMBER 8, 1925 GRAIN EXPORTS HEAVY. BALTIMORE, December 8 (Special). Grain orts from Beitimore in No- vember reached 1,147,12 Wwhile for 11 mortps of 1925 a total of 26,692,382 bughels was exported. Flour exports in November were 36,668 bar rels and for 11 months of the presen! year, 549,027 barrels. INSURANCE el 38, ey, Bot 30 THOS. E. JARRELL 721 10th St. N.W. REAL ESTATE LOANS ANY AMOUNT % ATARTMENT HOUSES USIN ESS OPERTY RESIDENCE LOANS AT LOW RATES FRED T. NESB1T INVESTMENT BLDG. Main 9392 First Mortgage kers Clarence L. O'Donnell, Mgr. Mortgage Dept. - Mortgage Money to Loan Beal Estate. “Let us your property. THOS. E. JARRELL Member Washington Real Estate Board 10th St. N.W finguce FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President First Mortgage Notes sale. Cousult us it you have atable funds for investment. THOS. E. JARRELL Member Washington Real Estate Board. 321 leth 8. N.W. Main 766. For av Give a Bond! An ideal Christmas gift — an inspiration for thrift — and, through maturing coupons, a periodic reminder of the generosity and good sense of the giver. Give a good bond for Christmas! The National City Company Washington— 741 15th St. NW. Telephone—Main 3176 Intensive— | specialization in the | ! management of rental properties has given us the experi- enced judgment your prop- Holding your tenants and keeping them profitably contented will prove the econ- omy of our service. 'B. F. SAUL CO. 925 15th Street N.W. Main 2100 SMITH BONDS NOwW PAYING 7% For December Investment or January Reservations FlFTY~TWO years of proven safety are behind First Mort- gage Bonds, yielding 7%, which ‘we now offer for December invest- ment or January resesvation. You may buy these bonds in maturities from 2 years to 10 years, and in denominations of $100,$500, and $1,000. Sendyour name and address on the form be- low for descriptive circulars. tated against the paper-covered to- bacco cylinders. For the first 10 months of 1025 cigarette sales, as measured by interpal revenue stemp tax receipts, totaled above 67,000,000, 000, This indicates a tota) 1925 pro- duction of over 78,000,000,000 units, or a gain of over 11 per cent as com- pared with 1024. . The estimated - tobacco crop has been improved by - favorable Fall weather, and stocks of leaf are larger than a year ago. In fact, some of the growers still have quantities of 1324 tobacco on hand, and found little to exult over in the results of the year. Tobacco production for the year {8 placed at 1,246,000,000 pounds, and prices on many grades have shown & downward tendency. No Loss to Any Investor in 32 Years e —— The F. H. Smith Co. Founded 1873 Smith Building -- Main 6464 815 Fifteenth Street, N. W. Philsdelphls Miznespoli How York Plaburgy O e 128 Address it e — ! bushels, | S22 FINANCIAL M to Loan Secured by first deed of trust on real estate Prevailing interest and commismion oh 1. Weller 35t Wi I-£7qm First Mortgage Notes -For Sale In Denominations of Washington Investmen $100, 525&: i:o' $1,000 and !;":n::cc‘:ivonl Co. 5 Gi% lntel’e‘t ns l‘::lt; ggnbw. red oo D. . Kes! Estate ‘m. H. Saunders Co., Inc. Estublished 1867 1433 K Street N.W. MONEY 70 LOAN, ON REAL ESTATE! GEO. W. LINKINS | 1733 DeSales Street WANTED ! SECOND TRUST NOTES Ule for tLe pur- Sast sesteh. evcues ‘on D, rust. Dotes. etcired ‘o D. Cr or Riodriy el chate. Proapi T actiou {a every FIRST MORTGAGES FOR SALE Denominations of $250, $5¢0, $750, $1,000 and Upwards 6'2% All Loans Made on Property Located in the District of Columbia JAMES F. SHEA €43 Louisiana Ave. N.W. WANTED Business and Residential Properties We are prepased to give personal attention in securing tenants for all classes ot properties. make ehort term building Pperty 1o mearby counties Maryland and Virginia as well e 1u thg District. 1 5o are 10 nesd of funds we will be glad to Lave you call and interview cur Mr. Kelley o the Loan Department Tell bim your needs and if he ©. K.'s your proposition tbe money will be forthcoming. We also make loans extending over three and five year periods wt prevetling rates. MCKEEVERMGO 4 CEPRTYORS.S 1415 K Street Mauin 4752 Ii the re: your proper factory—try tion. H. L. RUST COMPANY 912 Fifteenth St. N.W. Main 6888 obtained from are not satis- our organiza- Noah Webster Says: SECURITY means: “To put beyond hazard of losing; to make certain the fulfillment of an oblivation.” ’ We Say: —that this definition may be cpplicd h emphasis to the FIRST MORTGAGE NOTES we are offering toda paying 6% snterest. 5 What do YOU say? —to calling up our office and asking for full information—it is free. Mortgage lnvestment Department [SHANNON & LUCHS] 713-715 and 717 14th St. N.W. Main 2345 fege e le b S T Capital_and_Surplus. $2,000.000.00 THE gift that will result in most lasting bene- fit to your son is a BANK BOOK, showing a nucleus abo which he can develop hi financial future. A will suffice for the post—making it help the boy's mind, and character. #¥ Canralt us sbout Foreign Drafis and Fransfers by Cuble if you desire fo sensd Xmas Money abroad. & Trust Co. Oldest Savings Depository in Washington Year Cor. 15th and New York Ave. RERBVEVEVELZLVEVLVEVRRURVES Nation 58th The New York Life Insurance Co. Offers to Make First Morigage Loans On Improved Real Estate in the District of Columbia and Nearby Maryland Suburbs for 3, 5 or 10 Year Periods. 512% ON APPROVED SECURITY Apply RANDALL H. RFAGNER & GOMPANY MORTGAGE LoaAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Apartments Office Buildings Houses Basiness Properties APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Lecated in the District of Columbis and adjacent Suburbe in Montgomery County, M& 5: % SNTERLEST rfipply ro H. L. RUST COMPANY LOAN CORRESPONDENT Sse PRUDENTIAL INSURANCE COMPANY ¢r AMERICA 912 15th Steet N.W. Main 6882