Evening Star Newspaper, January 11, 1926, Page 21

BY WILLIAM F. HEFFERNAN NEW FINANCIAL., THE EVENING STAR. WASHINGTON, D. €., MONDAY, JANUARY 11. 1926. 23 NEW YORK CURB MARKET COTTON IS HIGHER | Received by Private Wire Direct te The Star Office YORK Januar | cient buying orders had accumulated ver th firm menced e week end hesrance ¥ today mand had heen enden zeneral that th zood ented he long 1ired NEW INDEPENDY v devel liguic Tine While official ded in arket tods to give the market com is wding but after the initial de pplied @ reactionary The action of the s taken to mean clement had ac the side an the BONDS ¥ other imentine hand Follow f honds New Yo | of this experience will lists which is taxing That pressure was being brouzht to pear b Washington and tr hodies against hoth minars and oper ators, and that this will result in an early culmination of the anthracite coal strike. was shown in the rise of hardeosl stocks. Glen Alden rose more | than points and there was substan tial gains in others of the zroup Despite the lower fendency for stacks representing distributive organ the Stogk | e issued under IN'TRADING TODAY Early Advances. However, Are Not Fully Maintained. Goods Buying Up. | NEW YORK. danuary { futures opencd May. 1945 July. December, 15.11 a1 an advance of ponse 1o relatively continued reports of improving trade in cotton zoods hoth at home and | abroad Active meonths =old about & |10 14 points net higher after the call W local shorts. with some nd speeulative or investment | ey ‘.u[\ ANCE 00 for fonr Octob r\hll‘r\ll\ consider: realizing com: | bined with a little Southern selling This checked the advance and caused | veactions of 10 or 15 points from the hest | Private cables from Liverpool this} morning said that ) diffientty | in buving desirable cotton South, coy- l Tneatal intareats: were securing sup Pileein the Tivernoa! spot market and | also that Sonthern shippers were offer- ! ing preminms to chants for the cancellation of shippinz contracts. 13 March, 1 18,95 October, 18.2 The 1 ket v'\vnnd Lt 1 —Cotton | eady 15 for a time HH‘ carri iead stantially from the | | | | owin sts0p000 New Orleans Quotations. NEW ORLEANS, January 11 (P | cotton 1t pened steady. wary., 1091 hid: AMareh, 1939 1895 July, 18.88: O tober, 1768 cotton market apened firm owing to hetter cables than due and large sale howed = of T point noin | Rem a5 Repuh M 5 Reo Mot 03 Rickentakey spors in Fivst trades nd prive a vight zained a few NEW BOND OFFERING. 1 (MP)— New | 10,000 City FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street OHN POOLE, President Money to Loan Joqeph I Weller ek Tt First Mortzage Notes For Sale I Denominations nf $100, $250, $500, $1,000 AND P 637 Interest Secured on D €. Real Fatate Wm. H. Saunders Co., Inc. Fstablished 1583 1433 K Street N.W. JLOANS We will gladly receive and prompt attention to applications for Loans on Washington Real Estate Current rates of interest. Should vou have Money to Invest we can also take care of vou. Our experience, ex- tending over a period of Thirty-Five Years insures vonr protectiqn. Percy H. Russell Co. 926 15th St. N.W. u.s. EXPECTS DEVELOPING NEW HOOKWORM SPECIFIC Treatment Haz Prm‘f'd Effective in Cazez of Animals—Studied for Human Beingzs. give A new treatment for hookworm ir animals, which it is hoped soon wil he developed 1o a point of efficier for human b has heen disclosei by Drs. Maurice ¢, Hall and Jacoh I eterinarians of the De Agriculture Tettachibiethelena perim itie worms. D, Hatl in | tetrachlorid which is preventive fi 1o he a with 4 Tetrachlorethelene was the resnlt Sxperiments. it is claimed ade with fox. dog and monkey Zn0d reactic two men underw nlained Stocks Bonds Odd . Lots Carried ow Margin Buck & Company —BROKFRS— Fainblished 191n 312 Evzans Building 1420 N. Y. Ave. N.W. Tel. Franklin 7300 Direct Private Wires to New York the 1 unqua remedy \ establish tandard specific Air Transport. More than 28000000 miles have been flown in Europe and the [United States to January 1, 1925, in r scheduled Air Service and in & more than 51.000.000 pounds have been | carried by aircraft over estahlished routes, writes J. Parker \an Zamdt of the Department of Commerce in the Journal of the Society of Auto motive Enzineers. A eful analysis ve us the ed rezard continues We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street 0 much e i who facts that we ndt Before You Invest—Investigate. It's queer how careful a man can be after he's lost his monev. Abe Martin says that a man who is not satisfied with 6 per cent and his money are soon parted. Six-room portahle houses with mod ern conveniences are helpine commodate the annual influx of tour the capacity of the hotels at Nice. We are pleased to announce that Mr. Charles P. Nelson has been appointed Manager of our Washington Office, 1516 K Street, N. W, Redmend ado. 31-33 Pine Street, New York Members New Yerk Stock Eschange Philadeiphia, Pa. Albany, N. Y. Washingten, D. C. Baitimere, M¢. FIRST MORTGAGES FOR SALE Denominations of $250, $500, $750, $1,000 and Upwards 6Y2% Loans Made on Property Located in the District of Columbia Al JAMES F. SHEA 643 Louisiana Ave. N.W. Promnt Action | First Mortgage Loans Lowes: Rates of Intersst and Commission 'llwmas J. Fisher & Company, Inc | 738 15tk Strest First Mortgage Notes Secured on D. C. In every instance these loans are hased on our usual conservative valuations. and we have invested our money in them Moore & Hill, Inc. 730 17th Street N.W. ‘ - > - - } National Metropolitan 2 Bank 15th St. opp. U. S. Trelsury Ot } L 4 ACKED by the ex- 7 perience of over a century, The Metropol- itan is pre-eminently well equipped to take care of the banking re- quirements of ndivid- uals, firms and corpora tioms, “Your vited. Pasd on Savings acconunt Oldest National Bank in the District of Columbia Improved Real Estate ’ 18 FINAMCIAL. PERIODIC STATEMENTS Ol a bank’s condition enable its public to gauge the institution’s | progress and to pass judgment upon its strength and the sound- ‘nese of its policies. The Union Trust Company of the District of takes satisfaction in presenting this report as follows: REPORT OF CONDITION Of the UNION TRUST COMPANY Of the District of Columbia DL (7, at the Close of Business on December Colurnbia At Washington ki RESOURCE a Loans and discounts. including redis other banks, and foreign Lills of excha with indorsement of this Lank " Overdrafts, secured 0,14 unecured. TR Government securities owned A ll|h¢*v bonds, stocks, ities e king house. $1.15 furniture X 1 ectate owned other than Cash in vault and amount due Amount due from State hanks in the U'nited States (other tha 3. l'htr‘kn on other hanks in the same city or tow ank Total of ftems 10, 11 0l 1 Checks and deafts on banks (inclnding Federal Rererve Bank) located outside of city ar tewn of reportinz hank - Miscellaneous cach item unts, acceptances of ze or drafts, sold 21,298 46 nd fixtures, 811715486, ki = : from national banks. biankers and trust companies included in item 10) n as reporting ana 12 244561 " Other assets, if any Total LIABILITIES Capital stock Surplus fund a Undivided profits Recerved for taxes, inte Amonunt due to State paid in red nikers and ountrie t companies in Demand deposits (other than weposits payable within Individual deposits subject t Dividends unpaid Other demand deposit Tata) of demand denosits (nther than hank de whieer G0 reserye 7 hark deposite) 40 diye) check ahle after davs, or nes) Time deposite cubject i uhiect to 3. Certificates of day re notice deposit tother than for nd posta e bor ime depasits f 1ime denosits 4 and 1: Pavments tn e uhieet 1o reserve. items $1.820 W oof real estate loans tracted for Toral (RN Distrier of Colnmbia, -« 1. EDSON . OLDS. treasure swear that the above stat W the abovenamed hank solemniy my knowledze and belief. EDSO, LDS, Treasurer efore me this fth dav of Januery, 1926 I DUTTON WAINWRIGHT, Notary Puhlic enent fs true to the hest of Syheeribed and sworn 1o Correct— Attest BDWARD 1. STELLWAGEN 1AL RICHARDSON N CHARLES F. WILSON 23 M LUTHER TOMN H. SMALL' PORTER Direetors The New York Life Insurance Co. Ofers 1o Make First Mortgage Loans state in the H trict of Columhia and Maryland Suburbs for 3, 3 or 10 Year Periods. 5% % ON APPROVED SECURITY Apply RANDALL H. HAGNER & GOMPANY MORTGAGE LeaN GORRESPONDENT Telephone Main 9700 On Improved Real Fx Nearhy Houses Business Properties Apartments Office Buildings 1321 Connecticut Avenue Achievements in Safety Insulation and Investment NSULATION has made possible the universal use of electricity. For insulation is the protection that renders a terrific force the safe servant of man- kind. Make your capital the safe servant of vour financial needs by investing in securities of a sound character. First Mortgage Notes purchased through Swartzell, Rheem and Hensey Com- pany combine the requisite safety with an interest rate of 612 per annum. 72715, Street.NW ‘Washingron.DC. 56 Years Without Joss lo.An Lvestor H I ] ! — {1 First Mortgage Notes For sale. Consult ue {f Availahle funds for i REAL ESTATE LOANS | THOS.'E JARRELL 537 | & Lo TATES Member Washincton Rea | TR FRED T. NESBIT i — e e INVESTMENT BLDG. Main 3392 sou nave AMOTNT. 39 Hovers SIDENCE LOANS AT JOHN JOY E| Organized SON, President 183 $5.031,811.86 FRANK P. REESIDE, 16th YEAR COMP Surpins <1 Secretary ETED Asnets 710.03 Subscriptions for the 90th Issue of Stock Being Received A Sure Way to Get Ahead SHARES $9.50 PER MONTH JANUARY INVESTORS should refleet upon this: CAREFCL STEDY of 1l and Commercial Bonds on th ALS THE FACT earned on on I MORTGAGE may expls o b invest I gages upon res \4;1}'\\( ES o " of dividends TGAGES or Y2% tsk for our literature—no charge and no obligation MORTCAGE INVESTMENT DEPARTMENT SHANNON & LUEHS FIRST National Cay interest todas 713. 715 and 1ith Street N W, THE PRINCIPAL FEATURE Maramount in the consider tion of the indicious investar i< the safety of his principal attractive percent est is desirabic. hut ahsolute Our 6157, FIRST MORTGAGES Ozer Ouarter —safeguard vour surplus funds of a with improved real ate Century There is no more stable invest- Without o security. Loss ment Regularly paid interest characteristic of 15 a this company’s mortgages. B. F. SAUL CO. Main 2100 925 I5th St. N.W. %Vashington Philadelphia - | Pittsburgh New issues in these cities for your January investment in Smith Bonds ANTARY ofiennge of Smith Bnnd< give you the attractive interest rate of =% with the strong security of modern, income-producing properties in W. ashington, D.C.; Philadelphia, Pa., and Pittshurgh, Pa. The property securing each of these new issues is located in well established and well known sections, where rental demand and property values are well sustained. Fach property is fully described in our circulars. Every issue of Smith Bonds is protected hv the svstem of safeguards which has resulted in our record of no loss to any investor in 53 vears. Denominations §1,000. $500, $100 Maturities 2 to 10 years For our new hookiete, including Tanuars offrinz:, send vour name and addrecc on the line heiner. THE F. H.SMITH CoO. Founded 1873 Smith Building, 815 Fifteenth St. (Main 6464) NEW YORK- PHILADELPHIA- PITTSRURGH —MINNEAPOLIS NO LOSS TO ANY INVESTOR IN 53 YEARS 1—33