Evening Star Newspaper, December 10, 1925, Page 31

FINANCIAL. ORANGES HIGHER THAN LAST YEAR Conversion of Forida Groves Into Building Lots Is Said to Be Reason. Conversion of Florida orange groves Into building lots to enable | get advanced prices for such re: reported by local fruit dealers to be responsible for prices of the popular fruit being higher than last year. Such fruit, it is decla will be higher the coming Christ holiday “season than for several To- day's prices were quoted at from $4 to §6 a box. while the California fruit was quoted at §5 and $ Being the off 1son i prices for this fruit may advance a few cents a dozen. There are plenty of lemons on hand for the Christmas trade and a fairly rge supply of pineapp rapes are me ntiful | than usual. There also is a sup- ply of pears in the local market for | the Christmas trade, most of them | coming from Washington, A slight reaction in the fresh egg | market was but p re main unchanged. It is merely a mat- ter of weath conditions, a dealer Stated, suggesting that the reaction will not amount to much Today’s Wholesale Prices. I-pound print ked, 4 fancy sele bananas Spring Leghorns, its, 6 seconds top, 43a43; small ring chickens, 33a 23: ducks, 30; ton. sed 1d thin, 35; fowls, 3 geese, 30; keats, S0al1.00, Live stock—Calves, 14; hogs, 1214, Meat—Be Lumb, 30: pork loins, , 22; fresh ha ruit and Vegetabie feview. Today’s market report on fruits and etables, compiled by the Market ews Service Bureau of Agricultural omics, suys Apples —Supplies moderate: demand moderate, 1 steady: barrels, Vir- Yginia an. %-inch Stay mans, 6. inch Yorks, 75; boxes, Washington, medium to e size, extra fancy De . extra fancy 3.00: bushel baskets, 1 Romes and Staymans New York, Spys, orchard run, jumble pack, fair condition, 1.25a1.50 ‘abbage—sSupplies limited; demand light, market firm; New York, bulk, ton Danish type, 40.00a45.00 ‘elery—Supplies liberal; demand moderate, market steady: Californi crate . mostly 6 few low 6.25; New York, 2.3 crates, 3.50a8.15 some fair condition, 3.00. Onion Demand Light. Lettuce —Supplies moderate; _de mand moderate, market steady: Cali- fornia, Icebers type, 4-5 dozen, Florida, 1% bushel hampers ton type, fair quali- ty, ve ht; demand higan, 100- SIS N0 T 'k, 100-pound sacks, Y s, U. 8. No. 1, medium size, 2.50. Potatoes—Supplies moderate; de- mand mc te, market steady; Mich igan, 150-pound sacks, Russet Rurals, U. 8. No. 1, 6.00a6.15; New York, 150, pound sacks, Round Whites, U. 00a6.15 3 upplies moderate; de- ate, market steady; Vi ginia, Norfolk section, cloth top veneer barrels, Savoy type, 3.00a3.25; mostly 3.00 Caulifiower: mand moderat fornia, crates, 2 Tomatoes—F Cuba, repa fancy count, § stock, 10-1b, b: small size, String b mand good fo sod firm; Florida, bushel green, fair quality, 4.00:5.00. Eggplant, squash, cucumbers ht; no Supplies market str pound Narge upplies m: roderate; de. steady; Cali press 6, 9.00 receipts light; ripes, wrapped, Ohio, hothous edium size, 3.50; . supplies de- ket hamp light; Peppers moderat ht: demand Florid lerate; demand | moderat steady; Virgini Norfolk section; cloth top veneer bar- rels, 1.50. EXPANSION .IS PLANNED. Potomac Edison Company Will Ex- tend Serv Bpecial Dirpatch to Th BALTIMORE, Decer Potomac Edison Co., plans extensive e sion in service after the turn of *the year. To provide or carry- ing out the plan the company has sold $250,000 first and r ng mortgage per cent series.) bond: e = - Edison « perpower syste Maryland Per ginia and Virgi panies in the svstem Penn_Electric_ subs trolled by the Americ end Electric Co. BUILDING PERMITS UP. Expenditures for 11 Months Well Above Last Year. NEW YORK, December Building expenditures authorized in 164 cities of the United States for ported to By )0, as against $335. and $225,430,64: 1g0 in the same expenditure au- months of this 5 sains period of inciudin dinries, a n Water Works 10 P).— The for total the 11 - BUSINEéS TOPICS. EAST ST. LOUIS, IIL, December 10.—The motormen and conductors of the Tlinois traction system, members of the Amalgamated Brotherhood of Railway Trainmen, are negotlating a new wage contract for one vear and seeking 2 slight wage advance and new working conditions. The present s run from 50 to 65 cents an December 10.— Pacific-Missouri Pacific Terminal Co. has announced that £1,500,000 will be expended immedi- ately in improvement of its terminal facilities here. HOSIERY SALES INCREASE. NEW YORK, December 10 (Special). —October sales of the Gotham Silk Hosiery Co. show a 24 per cent in- crease over the same month of 1924, and November sales show a gain of B0 per cent over November last year. While November was the larges month in the company’s history, it is expected that the holiday business this month will break all previous records. The company’s securitles, hitherto dealt in on the New York Curb Exchange, have been transferred 30 the Stock Exchange W 5 ORLEANS The Texas | ales reported | 3 i ik {au iy | Received by Private Wire BY WILLIAM F. HEFFERNA NEW YORK, December 10.—The volume of business showed a slight falling off in the Curb trading today and operations for the rise were not 18 pronounced as was generally ex- pected, in view of all the favorable trade data comiing to hand. Ruying was concentrated in selected stocks and had little or no effect upon the general list. py Rickenbacker Motor, in which over 5.000 shares were dealt in Wednesday, continued active around the 9 level. The report for the fiscal year ended October 31 will be out within the next two weeks, and is expected to YORK, December 10.—Fol- is an official list of bonds and stocks traded in on the New York Curb Market today: NEW 6 i GAm Gas & EI Uy m Pow & Lt 08 SAm P & L Gs n 10Am W W Bs... 6 Beth S 1 Bostor t U City Serv 85 E. 3 City ey 10 Con G ' B 13 1 Bni 3 Prila QY 53 Seh R E 1st pf s 1008 1 ul R E s exd 5. Wsheen T8 .o G Southea Po & L s 981y 13 S0uthe P & L G 100 ISSO N Y . 1 16 Stuts M 1 Sinon 5as . 5w & €' By mbull St 6 Ol Prod R of Hav Rub 6Gigs Rib ¢128 b 6135 Rub 6igs Rub Gigs Rub Gigs Rub 6138 ' Rub 6 3 Kuh Rub Rub Rub & FOREIGN BONDS. a4 Nat C 6s ww. 90% ologne 6195, 83 Danish Cons 5135, Dept Antioa 7s A #E R R France Ger Glas w X Great Con Ei s G enmi Medellin & 6 Prov Tp Aus 7s 20 Rhine M D 7s A of Peru s . ine West 25 Kem -+ 1 Muni x. Stalls, 3 Siem & Hal 7s 1 Swiss Govt b 8 1[&.“‘ el 031 s 90 .97y 15 96 Sales in single share 00 AU 1 00 Continent Ol 1w 40 Cumberland P L. 130 30 Eureka P L.... 50 Gal Sig Oil.; [ ] 3000 Humbie O: & R 1500 Imp O of Can nw 210IdPL........ 5800 Inter Pet € Lid! 40 Magnoiia Pet 100 Nat Transit . 50 N'Y “Transit 30 Northern D L 100 Okio 011 0u Penn Mex Fuel BOu Praine 0 & G nw ) Southern P L.\ 0 Ind O Kansas 008 O Kentucksy 308 0 Nebraska. 14008 O N Y. 37 78 a8 i 50 FEFEE B4 e Washington Stock Exchange SALES Elec. Pow. 41—$1.000 at Elec. Pow. pfd—"10 at 10415, 10 at 104% n Gas Light—10 at 71. 8 at 71, at 7134 .10 at 71%. 10 at 715, Washington Rwy. & Elec. 43, 10 at 234 Meiropolitan Potcmac 7s com.—10 at 3 at 3 | Bank of Wash 2 Relumty at 3RO, - £ton—10 at & Trust ( 17at 380,79 at 583 Lanston Monotype —20 at X%, 1 at 84, 100 100 at 84. 100 at &4 AFTER CALL. & Suburban 5e—S2.000 at 86 cc., Pow $1-—$1,000 at 16 3,000 at 107, 19000 at ‘10 SR urity & Trust Co—10 at c Pow. pfd.—5 % atiaog. oAt 1083, Pow. Dfd. Int. ctf—5 at 85 335300 at 101 3200° at 102, 8800 at 10%; X200 at 102 Money—Call loans, 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY, can Tel. & Telga. 45 n Tel. & Telga. 4135, & Tel. ctl. tr. at a = om0 538883 o o & subnrhan B . 1 Gas 1st pinzon Gas B Wash. Rwy. & Eles MISCELLANEOUS. Pot_ Joint Stock L'd Bl Riczs Realty bs (long Riges Realts ba (short) . Sobithern Blde, 6245 Wash. Mkt Cold Storage Bs.. Wardman Park Hotel 6s. STOCKS. PUBLIC UTILITY. American Tel. & Telg Camital Traction.. Mpxton. Gus. orivlk & W ot Elee: Sow tht. cet. R Ry, & Elec. com | Wash. Rwy. & Elec. pid. NATIONAL BANK. National Capital. Columhi American Continental Merchant Nationw Union Trustf. L Wasington Loas & Trust SAVINGS BANK. MISCELLANEOUS. B Som o« BodumoRas ational Mtge. utch Market com Old DUR Market pid Lanston Monotype. Security Storage. Waghington M tExLa dive SR ofx THE EVENING STAR, WASHINGTON, D. C, THURSDAY, DECEMBER 10, 1925. NEW YORK CURB MARKET Direct to The Star Office show a strong cash position and a ratio of 3% to 1. Other motors were little ctanged, with the exception of Chrysler, which gained more than a point at one time. The new Lago Oil and Transport class A common stock of no par value, for which the pre-ent Lago Petroleum is to be exchanged in the ratio of one share of new for each two of the oid, ‘was admitted to trading on a when-is- sued basi: The initial transaction was at 18%, while Lago Petroleum was changing hands at 9. Among low-priced members, Euclid Oil, sell- ing ex the 1 per cent dividend, more than retraced the amount which came off the price. 3 23% TOCKS. O Ohio 108 O Ohio pfd. . 10Swan & Finch.. Sales INDEPENDENT OIL § in hdrde. Am Contr Oilfids Am Maracaibo C Columbia Cregle Synd ... . iDerby O & R uclid Oil € ex-d ibson Oil Corp. 4 § a Honabul Cons 0il 4 Kirby Pet. ... 301 Lugo Pet B 110 Lako 011 A ‘wi.", 105 Leonard Oil.... . 2 Mex Panuco 6 New Bradford O, ew Mex Land.. Peer 01l Corp. . Roval Cn 0 & t Ck Prod. . anta Fe 0 & G enezuelan Pet. 8 Abraham St wil 55 3 Abra St pfd wil 1061 Aero Sup Mfs A 15% 2 Aero Sup Mig B 100 1A Banknote n wi_40 s Am L & & Am Am Am Am Am 108 Pow & I pi Kayon o Siuperp A - TAm Superp B 3 Ark 1% o 11 Ak Gas &'F 1A Fruit 7 Atlas B C ik 1 Bisn' Shoes Tne " 4 Bord & ¢ new 1Bon & Co'S Fideeport Mach. T Bllyh City BR pid arysler Corp wi leve Aufo A 42 Commw P € new 5 Commw P C war Connor. J T C Curtis Aero M 3De Por R C v i Denv Tram n pf. Devoe&R n B wi Doehler Die CC.. x5 10455 10314 ooy o6 70 0% 26 Shprd 10415 & Shonoco 67 vest Inc.. 701, 26 5 I 0 10 Eng PSP P 4 Fageol Motors % fateso Sue o Fed Finance B F&ewas Fires T 75 pfd Eleischman n wi Forhan Co A% 1 Ford Mot Co Can 631 Fox Theaters ‘A 20 Freed Eisem R ¢ rimes R & C R Habir Elec n vie Happiness Cdy A Hav B &0 T vic 2 Hazeltine Corp. . 1 Hellman. R pf.. 1 Hires €5 A llander “Son A 5 Horn & Hardart 3 Ind Rayon Cor A 2 Inter Conti Rub. 31 Intl Match C pid 3 In Project Cor wi 4 Intern Tul A s Johns-Manville 10 Kelvinator C 133 Kraft Cheese % Land Co' Florids sh Pow s chigh Val Cibbey Ow SH Iron 0. Rub new’ 40 Miller Rub ptd 1 Motn Pie CC exd Iy ptd Master & Lt Lt n wi 1zer Corp B... 7 North O Pow ¢ 1 Staies P € A 13t ifCovte. = il 9 Power Corp N'Y 74% I Purity Bakin 40 1Ry Sieel & 58 Rem Noise (384 3 Rem Nowse 1 pf. 1701, 4 Richmond Rad n 18 17 Rickenbacker Mot 14 a Radio 11 D198 t.1 130 50 301 110% 1103 8 iR 1% 1 103 7 198 130 DEfas. 0 Mg Lid.. Serv EI Cor A Sou G & P A ex-i 32Southea P & L n i 2 Snia Viscosa ... Sou, Cal ¥ 3 South” Dairies A 3 South Dairies Withing St Maurice Pap Stand P& E A Stand Pub C A. 20 Stutz Mot .. 4 Swift Intl .00 s0Ewitt & ooo erre H I&ET pt & Thermiod Rad C. Thompson J H 0 Trans Lux Pic A 4 Tubize A'S B vic2 8 Tung Sol Lamp.. 16 Union Carbide 1Tn El C xS R R R SRR 5 wmEioras R et F et 23 SRS S W ‘est Pow cllow Taxi b ol NY 1Golden Center M. 30 Hawthorne M 1. . 1 Hecla Mine. 18 Kay Cop Ci 5 Kerr 1 00 E Ao G 45 Teck ‘Hughes Tono Belmant. 1 Tonopah Exi { %fllm‘hfldn ni_ Ve 100" Yonta =X 7 Utah Apex 20 Wart End Ro 20 Weat End Ext . NEW YORK, December 10 (£).— Hobart H. Porter, president of the American Water Works and Electric Co., has announced that the plan to consolidate the electric subsidiaries of his company into a new company, to be known as the West Penn Electrio Co., has been declared operative. DRY GOODS MARKET. NEW YORK, December 10 (Spe- clal)—The cotton print markets were quiet today and one-eighth down, the 64-60s selling at 8% and the 68-72s at 10%. Raw silks were firm and up 5 cents all around. o, L e 5 Sz RSO DA D = 121 S L =2 Sis At the age of 13 Eli Whitney had perfected a machine for making nails. COTTONSELS OF | INTRADIG TODAY Near Month Liquidation Weakens Day’s Values. Cables Are Poor. By the Associated Press NEW YORK, December 10.—Cotton tutures opened barely steady; Decem- ber, 19.60; January, 19.05; March, 19.21; May, 18.92; July, 18.68. There was a renewal of near month liqui- dktion and Southern selling at the opening and a further decline in prices. The initial tone was barely steady at decline of 9 to 12 points and the active months soon showed net losses of 13 to 28 points, with D cember selling off to 19.40 and May to_ 15.88. December notices amounting to about 14,000 bales were reported in circulation, which probably acceler- ated liquidation of long accounts, and the weakness of December, in which trading ends at noon today, appeared to pull down January. Covering and trade buying gave the later months a relatively steady tone but prices were within a point or two of the lowest at the end of the first half hour. New Orleans Quotations. NEW ORLEANS, December 10.— Cotton future opened steady; Decem- ber, 13 January, 18.86; March 18.59; 18.21 bid. The market opened easier owing to weaker Liverpool cables than due. First trades here were 10 to 11 points down and the market eased off fur- ther after the call to 18.82 for Janu- 18.34 for March and 18.23 for One cause of the opening weukness was the decline of Decem- ber in New York. The day is the last day of trading in December. To- ward the end of the last half hour the market was steadier and had re- covered a few points from the lows July Cotton Values at Noon. NEW ORLEA Cotton, noon bids, s 19.00; January, May, 18.35; Ju YORK, December Cotton futures, 11:45 am. b December, 19.38; Janua March, 19 May, 15.95; J HENS EXTRA BUSY; EGGS ARE CHEAPER Housewives Happy and Speculators | December 10.— Decemt March, 1861; ‘Worried as Supplies in Stor- age Accumulate. By the Associated Press. Encouraged to overtime production by the open Winter, the ambitious American hen is causing apprehension to egg_speculators and grabification (o the American housewife. Figures compiled by the Bureau of Agricul- tural Economics show a marked in- crease in egg preduction compared with last vear, and a consequent slump in prices at all the principal egg market. The increased production is at tributed by poultry experts principal to the mild weather, continuation which would cause a further incre: in stocks. The bureau's reports show 000 more ca of eggs in cold storage now than a year ago. Recelpts recently have run 2,000 cases a week | higher than last vear. i Midnight supper parties to chickens are being given more more extensively by poultry a method of asing production, the success of which is attributed by bu reau experts to the fact that the chick. | ens like them, and do niore eating in the course of each day. STEEL ORDERS HEAVY. Much Equipment Called for in To-| day's Business. | NEW YORK, w steel and ported today American December equipment include Bridge « orders re. orders by . a subsidiary the United States Steel Co.. for 8,800 000 tons of structural steel for bri |and apartment construction: an order | i for 100 tons reported by Jones and | Laughlin s ion, placed b the Detroit Edison Co., and the report- ed purchase by the Migsouri Pacific Railway of 3,000,000 tie plates. 10 0P).- ; | the | nr" NEW YORK DAIRY PRICES. NEW YORK, December 10 (#)— Butter easy. receipts 8,105 creamery, higher than extra 51; do. extras (92 score), 50; do. (88 to 91 score), 45a49; pacKing current make, No. 2, 33a33%. Fggs — Irregular; recelpts, 8,666 cases; fresh gathered, extra' firsts, storage, 3613a38; do. firsts, storage,! 35a36; do. seconds and poorer, storage, ! 321a341: mnearby hennery white: closely selected extras, 63a64; nearby and nearby Western henner: firsts to average extras, 55a62; Coast whites, extra: firsts to extra first ROAD VOTESi‘EiTkA NEW YORK, December 10 (#).— An extra dividend of 3 per cent and the regular semi-annual dividend of $8.50 was declared today by the Mobile & Ohio Railroad Co. Dividends are payable December 30 to stock of record December 16. TODAY'S FLOUR PRICES. NEW YORK, December 10 (#).— Flour, irregular; soft Winter straights, 8.15a8.50. Rye, firm; No. 2 Western, f.ob. New York, and 1.18; c.if. export. Lard, firm; Middleweft, 14.85a14.95. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY SAN FRANCISCO, December 10.— Members of the California Grape Growers’ Association, a co-operative organization of juice grape growers, have decided to continue the organiza- tion but to remain inactive until a large membership is assured. Until then, the members will market inde- pendently. NEWELL, S. Dak., December 10.— The production of sugar beets in a crop rotation program . has proved a profitable agricultural system, ac- cording to experiments at the United States experimental farm here. Beets, || corn and alfalfa in rotation not only have added to the fertllity of the sofl, but will increase farm profits, tests show. NEW ORLEANS, December 10.— Frank A. Rabinowitz of the New York millinery firm of Ogus, Rabino- witz & Ogus, which has a branch here, announced today his concern would open 50 stores throughout the South. SPRINGFIELD, Mo., December 10.— Farmers of the Ozark region will receive $300,000 for their rabbits this vean, . ; SEES GAIN IN 1% IN'SHIP INDUSTRY Mercantile Marine Head Ex- pects More Freight and Passenger Traffic. By the Associated Press. NEW YORK, December 10.—Re: turning today from Europe, P. A. S. Franklin, president of the Interna tional Mercantile Marine Corporation, |expressed optimism for the shipping industry during the coming year. The | frefght” and passenger situation | should Dbe better for 1926 than in 25 Europe gradually s re- covering transatlantic business should show large improvement | during the next 12 months. | Fuel costs should be somewhat | lower in 1926 than in 1925, Mr. Frank- lin stated, which would help to in crease the earnings of the carrier Although many of the International | Mercantile Marine Co.’s ships had been converted into oil burners, th were so arranged, he said, that they could quickly be changed back to coal if_the cost of oil becomes too high Mr. Franklin intimated that his own company earnings would not be so large this year as in 1924, due to un- settled conditions in the freight mar- ket and stri s in the British Em- pire, particularly in Australia. He sald passenger traffic, in first and second class, for 1 would be uhuul‘ 90 per cent of the pre-war volume, and | that this should show a gradual im provement through 19 STEEL REPORT OUT. in TUnfilled Orders 472,597 Tons. NEW YORK, December 10 (#). Unfilled orders of the United States | Steel Corporation on November 30, made public today, totaled 4,581,780 tons, an increase of 4 7 tons com- pared with the end of the preceding month. NEW POWER PROJECT. NEW YORK, December 10 (#).— | art_of work has been announced | on a hvdro-electric plant on the Cur rent River in Missouri by interests controlled by the Superpower Corpori tion of Missouri. The project will be | 70 miles southeast of the Osage River development of the Missouri Hydro- Electric Power Co.. controlled by the | same interests. Three other develop- ments _are reported under organiza tion. The variou . combined, | will cost around 0H00.000. | Increase of First Mortgage Notes For _sale ¢ us it B Ailable i 1o THOS. E. JARRELL Member Washington Real Estate Board. 321 10th St. N.W. Main 766, MONEY TO LOAN, ON REAL ESTATE GEO. W. LINKINS 1733 DeSales Street FEDERAL-AMERICAN NATIONAL BANK' RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President 1 have inveatment. WANTED! SECOND TRUST NOTES Funds available for the par- chase of all kinde of second truet notes. secured on D. C. or nearby real estate. Prompi action In every case. Washington Investment and Transactions Co. 715 14th St. N.W. Main 3663 (aa22Z2222222 3 0600400000060 | First Mortgage Brokers Clarence .. 0'Donnell, Mgr. Mortgage Dept. CAFRITZ COMPANY 14th & K Main 9080 First Mortgage Notes For Sale In Denominations of $100, $250, §500, $1,000 AND UP 6317 Interest Secured on D. C. Real Estate Wm. H. Saunders Co., Inc. Established 1887 1433 K Street N.W. 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 643 Louisiana Ave. N.W. WANTED Business and Residential Properties We are prepared to give personal attention in securing tenants for all classes of properties. If the results obtained from our property are not satis- actory—try our organiza- tion. H. L. RUST COMPANY 912 Fifteenth St. NW. Main 6888 Money to Loan Secured by first deed of trust on real estate. Prevailing interest and commigsion. Joseph I. Weller 464 1-#J" INSURANCE . Let us know Tour Rduttemenie "W cin' aorve Tou. THOS. E. JARRELL 721 10th St, N.W. Main 766 If You Need A Loan— and have property in nearby Mary- land and Virginia we can Ket to- gether. We are making short term building loans in these sections and sukgest you take your proposition up with our Mr. Kelley in the Loan Department he will g0 into the details with you Once he has given it his O.K. you'll ket the m We also make loans over periods of three and five years at prevailing rates. R 1415 K Street Main 475! i z : Owners— of Apartment Houses realize that our man- aging service, cover- ing every detail, saves them money be- cause it saves their time. save you not only time, but leasing and collection wor- ries, and the lit- tlé losses that only constant, un- divided attention can prevent. B. F. SAUL CO. Main 2100 15th Street N.W. Organized in 1814 XMAS MONEY for Friends or Relatives Abroad —is most expeditiously dispatched by means of Cable Transfers or For- eign Drafts, which we are prepared to forward for you. Consult us about this service now to insure timely han- dling of such items. Xmas Savings Accounts ONE DOLLAR or more will start a SAVINGS AC- COUNT for your boy or girl. 3% Paid on Savings National Metropolitan s Bank Years Years o1d Old Capital, Surplus & Undivided Profits, Over $1,800,000.00 15th St., opp. U. S. Treasury SMITH BONDS NOW PAYING 7% For December Investment or January Reservations JFIFTY-TWO years of proven fety 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 $100,$500, and $1,000. Sendyour name and address on the form be- low for descriptive circulars, NoLoss to Amy Investor in 52 Years The F. H. Smith Co. Founded 1873 Smith Bullding -- Main 6464 815 Fifteenth Street, N.W. Philadelphin Wew York Minnespelis Pisdergd Addres FINANCIAL. REAL ESTATE LOANS | ! Mortgage Money to Loan Beat Egate. Fot uy tasnce THOS. E. JARRELL Member Washington Real Estate Board. 721 10th 8t. N.W. Main 766, 549 sr B e BUSINFSS PROPERTY RESIDENCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main 939 6% and SAFETY Whether you can get this rate of interest and be certain of the safety of your principal depends entirely upon what is back of the investment. we are offering at this The First Mortgage Notes rate of interest are ample security for the loans, because they are backed by very conservative appraisals on a basis of about 50% of the property value. Consult Our Mortgage Investment Department 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 Houses Business Properties Apartments Office Buildings Apply RANDALL H. HAGNER & GOMPANY MORTGAGE L0OAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Rickenbacker Motor CIRCULAR SENT ON REQUEST & JACKSON eMBERS NEW YORK AND CHICAGO Stocx EXCHANGES 42 Broadway NOYES M New York APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Lecated in the 2 District of Columbia and adjacen! Suburbs in Montgomery County, Mé 5:% INTEREST ',A pply ro H. L. RUST COMPANY LOAN CORRESPONDENT ®he PRUDENTIAL INSURANCE COMPANY o AMERICA 912 15th Street N. W. That Christmas Bonus! A Christmas bonus will buy a few eve- nings of prodigal 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. Rbeem &Hensey G, Sm% em &N T27-95 Street.NW WhshingionDC. 56 Years Without Loss te An Investor,