Evening Star Newspaper, January 29, 1926, Page 31

EINAFETAT STAR, WASHINGTON, D. C., FRIDAY, JANUARY 29; 1926. FINANCIAL. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY \\’Il:l.l.\.\l ¥F. HE NEW YORK ERNAN. | come into the January 2 A though there were no fresh develop |vance in mideontinent crude oil In ‘the news upon |quotations was instrumental in bring "h further operations for the vise | ing about higher prices for oil shares, conld have been hased, the Standard of India rose substan with pro tindiy and her S Livd issues were several for the most part above the previous itside arket speculation continy s becor Prospect for some stomed to the ey conditions and this ap neentive a rise well across the 20 level, new top. W00 Inter Pei © Ltd 100 Northern P T, 1200 O O 70 Penn 400 Pratr faon Sy SoNy 8006 Vacuum Oil ales INDEPENDENT OIL STOCKS I hiindrede 12 Am Cantrol Oiifie b 1 Wis & € i Woodward Ir C.. K2 MINING &T‘hv RS |PURE OIL DIRECTORS DECLARE SMALL EXTRA | Company Has Re(luced Liabilities | $14.800.000 Since Last An- nual Meeting. | | &L A m Pow & L ofd [ [ By the Assoriated Press | COLUMBL'S, Ohio, Directors of the P* day declared an ex * | half of 1 per cent, | regular quarterly dividend of 115 cent on the common March 1. The extra | paid. it was announced January e Oil Co. here to dividend of one- 29.— dividend was | “in view of the company's satisfactory Adxn!nx.~ | during the last nine months.” President Henry M. Dawes reported | * | that the company had reduced its lia | bilities £14,800,000 since its last annual > | meeting. The company’s funded debt | on February 1 will be reduced to $10,- Your Banker Knows When in doubt consult your banker | much his interest 2 You trust him with hy not trust stment problems? bout a Ak 2RSSR SR AR R RRARASRR We Make First Trust Loans On Approved D. C. Security ST Construction Loans Made Promtp Attention Reasonable "Charges |2 N. L. Sansbury Co., Inc. 1% 1418 Eye St.N.W. Main 5901 {\\\\\\\\\\\\\\wms“ %) ARVANANNNN 37 o VR DR e 106 SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) Adirond, P, Alum. Co. of gy Frdderaind Mot Fioner Hody ¢ 0d; & We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of interest. Should you have Money to Invest —we can also take care of you. Our experience, ex- tending over a period of Thirty-Five Years -insures your protection. Percy H. Russell Co. 926 15th St. N.W. FEFPP TREASURY CERTIFICATES. (Quotations farnished by Redmond & C Yarch 15, 1820 Dec. 15 oo, 101 101 Gias Do, 3s. o 1011-16 1015 market on the buying | an immediate price ads | in addition to the | per | stock as of | e It is equally as | s yours to protect | himl \\g\sd S 4\\\\;}\\\\ FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street 617 Interest JOHN POOLE, President et op b O el Botate = : Wm. H. Saunders Co., Inc. = Fs lished 188% S5 SiMoneyiloflioen 1433 K Street N.W. First Mortgag; Notes For Sale In Denominations of $100, $250, $500 $1,000 AND UP Applications Invited for First Trust Loans SECURED BY First Mortgages primcipal and Interest of which are GUARANTEED by an outstanding SURETY COMPANY May be purchased if de- sired on Morris Plan of deferred payment and 5% paid on installments THE MORRIS PLAN BANK Under Supervision of U. §. Treasury 1408 H Street N. W. In any amount. Secured .on improved property in the District or outlying sections, Lowest Rates Quick Service Stone and Fairfax 1342 New York Ave. Main 2424 “Over Thirty Real Service” Years of 6%2% First Mortgage Notes —secured by TWICE their face value in zood Washington real estate. and issued in convenient ametmts of $100, $250. 8500 and £1.000, BOBS NS 1417 K Street MORE THAN INTEREST When are invested in our vour surplus funds 6 /z"a FIRST MORTGAGES the measure of benefit that accrues to vou extends further the regular, than stipulated You Ozer a Ouarter payment of interest. of a gain, too, a peace of mind and ircedom from worry justified Without a Loss by the knowledge that your principal is absolutely safe. SAUL CO. 925 15th St. B. F. NW. Preparedness— 'HE late war emphasized the.ne- cessity for Preparedness. Man’s Business, his Interest and his Home are likely at any time to face a vital eri If his good. judgment has prompted systematic saving and thoughtful invest- ment of his savings he has something to rely on when the crisis comes. WE RECOMMEND FIRST MORTGAGE NOTES on Washington Real Estate as a solution to meet the crisis They pay an annual income of 6Y%2% Particularly ‘adyanta- geous to the Salary Earner because of our Partial Payment Plan, / Investment Dept. ~DHANNON: & LUCHY 713, 715 and 717 14th St. Main 2345 WE FINANCE ~all classes of income-produc /o 4R Hiters | Large Loans a Specialty RESIDENCE LOANS A FRED T. N'l-:'smf ' INVESTMENT BLDG. Main 9392 Current int. rate and commission Higbie & Richardson, Inc. 816 15th St. N.W. The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real E Nearby ate in the District of Columbia and Maryland Suburbs for 3, 10 Year Periods. 5 or %% ON APPROVED SECURITY Apply RANDALL H. HAGNER & COMPANY MoORTGAGE LoaN GORRESPONDENT 1321 Connecticut Avenue Houses Business Properties Apartments Office Buildings Telephone Main 970¢ Washington has at present less unem- ployment per 1,000 population than any other city of its size— Bondl { The F.H. Smith Co. Stocks Bonds 0dd Lots Carried on Margin. Buck & Company —BROKERS— Established 1918 312 Evans Building 1420 N. Y. Ave. NW. Tel. Franklin 7300 Direct Private Wires to New York Smith Bualding. BI3 Fifteenth Street | wo Loss TOANY INVESTOR IN 33 YEARS $200,000.00 Available for Purchase of SECOND TRUST NOTES Virginia Property Only L. GARLAND KENDRICK Clarendon, V. Clarendon 422. Real Estate OAN —to build homes! —to build apartments! —to build business properties! —on homes already built! Terms arranged to conveniently meet the requirements of the borrower. B. F. SAUL CO. Main 2100 925 15th St. N.W. Equitable Co-operati_ve _BuildililgflA‘ss’n JOHN JOY EDSON, "r!sidenl Organized 1879 $5,031,814.86 Subscnphons for the 90th Issue of Stock Being Recelved N { SHARES } 16th YEAR Surplus R < Systematic Saving Spells Success the old acorns hig oak tr little bit “From little w." Likewise a deposited rezu le will into a large amount You know adage $9.50 _PER MONTH \/ This is the result of systematic saving. Join today 2 ¥ . o< 915 F Street N.W. 1412 K Street, N. W. the stock iz free from Officers Morris Cafritz. ... .5 .. .- M. Crandall. . George W. Huguely, Vice President and Treasurer .President Harry .Vice President Morris Gewirz. ..... M. D. Rosenberg. . Sécretary -General Counsel Directors R. P. ANDREWS Andrews Pape: producing Comp erce and Si &8 k of Washington Merchants and Manufacturers Assaciation HARRY CRANDALL Vice-President. Stanley Crandall Theatre Co, . T. CHEWNING President, Continental Clay ducts Co. CHAS. A. GOLDSMITH Director, Continental Trus Director, United States Savings Bank MORRIS CAFRITZ President, Cafritz Construction Company PAUL HIMMELFARB Penn Oil Company W. W. GRIFFITH President, President, Grifith Coal Corporation Director, Lincoln National Bank MORRIS GEW IRL Attorney-at-Taw EORGE W. HUG LY . President, Galliher & Huguely, Inc., Lumber Dealers M. D. ROSENBERG Attornev-at-Taw President, Bank of Commerce & Savings. J. B. SHAPIRO Joseph Shapiro Realty VERNON G. OWEN Proprietor. Thos. J. Owen & Son Director, Perpetual Building Association. President, Company C. E. MORAN & CO. INCORPORATED Fiscal Agents SOUTHERN BUILDING Mflm 3628, 3629 Washington, D. C. First Offering of Stock of the—— Federal Security and Mortgage Co. Washington, D. C. Authorized Capitalization 100,000 Shares of 8% Cumulative Preferred Stock, Par Value $10 100,000 Shares of Common Stock of No Par Value The dividends are free from the the Distr Federal Columbia normal et of income tax and intangible tax. MANAGEMENT The business of the company is under the management of a Board of Directors, each member of which enjoys in his own line of business. collective judgment and experience of the Directorate which has been chosen from the diversified business interests of this city. and experienced management should insure the success of the company from its inception. an unbroken record of success The company will receive the benefit of the The able, OBJECT The Federal Security and Mortgage Company has been organized to finance First and Second Trust Notes secured by improved income- real estate in Washington and adjacent territory. in conservative mortgages, business of the company is safe and should prove highly profitable for the investors. Dealing based on stabilized property values, the MORTGAGES All mortgage notes purchased by the company will be secured by advantageously located, improved income-producing property. praisal Committee is composed of expert real estate authorities and this Committee will examine and appraise each piece of property offered. Titles to all property will be approved by responsible Title Companies. All mortgaged properties will be adequately protected by insurance. The Ap- OFFERING Each mémber of !he Board of Directors has purchased a substantial amount of the company’s is now being offered for the first time to the public on the following basis: Ten Shares 8 Ten Shares Common Stock, no par value..................8 $125.00 capital stock. A portion of its authorized stock Cumulative Preferred Stock, §10 par value. PARTIAL PAYMENT PLAN Subscriptions may be made for cash, or on an attractive deferred pay- ment plan, by a cash payment of 20 per cent and the balance payable in 20 monthly installments. of 8% on all payments on preferred stock from the date of receipt of such payments by the company. Dividends are payable quarterly at the rate COUPON C. E. MORAN & 00., Southern Building, Washington, D. C. Gentlemen: Please furnish me literature regarding the | Federal Security and Mortgage Company. | : : Name ......... |