Evening Star Newspaper, February 24, 1926, Page 29

| ATCENTER MARKET, FINANCIAL. PRICES ARE STEADY Butter, Eggs and Beef Firm Today—Vegetables and Fruits Reviewed. WMeat prices in the local market Pave remalned almost stationary the past two weeks. Pork prices showed & slight fluctuation, but the changes ere not large enough materially to wfect retall prices. Dealers report sales very slow for this season of the vear and are un- able to account for the dragsy con- dition of the market. High prices, it is stated, may have some hearing upon the condition of trade. Butter and egg prices were the same today as those quoted vester- day. The egx market was reported easler. while the butter market con. tinued firm. Practically no changes prices quoted yesterday were re- ported this morning. Today's Wholesale Prices. Butter—Fancy onepound prints, $1a52; tub, 49a50; store packed, 35. Yggs—Average receipts, fled. 30a31; hennery, 34u3%; Poultry—Alive, turkeys, top. 40a43: Spring chickens, 36ud0. fow! 27a2: leghorn: 5, ducks, 25a30: geese, 40a30. Dressed—Tur- Spring chickens, 38a42; Leghorns, 25; ducks, 28a3 keats, 90al.00 alves, t 14a15: hogs, storage, light, cholce, | veal, me- Meats—-Beef, 16; lamb, 20a25; porka heav market rey setables, compiled elvs Service by the Market Apples —Supples mioderate; demand voderate, market steady; barrel irginia and West Virginla, A 2%3- ch, Staymans, 5.50a6.00, few high- ir guality, 5.0085.50; A 21y Yorks, 4.75a5.50, mostly A 21, inches up, Black 00a5.50: New York, A ! iuches up, Rhode Island Greenings. £.50a6.00. Boxes: Washington, medi- es, extra fancy Wine v, 2.75 fancy 75. Bushel baskets. Supplies liberal: demand , market steady; Florida, 13- npers, round pe. best, . Hat type, Te: ton, round type, 95.00a Old stocl No sules reported. —Supplies moderate; demand moderate, market stead; Florida, 10- i 1 crates, 4.6 dozen, 0a5.50; 8 46 dozen, w hed, 5.50a ce — Supplies moderate; de- mand_moderate nia, Tmperial Vallev, crates Iceberg tpe, 3 doz., 3.5024.00, mostly 3.75; 5 €0z, 3.00a mostly Onion Market Steady. Onfons—Supplies moderat; demand moderate, market steady: no change in prices; New York and Michigan, sacks Yellows U. S, 1, best mostly 3.00; few higher: New York, alr condlition, frosted. 2.50. Potatoes—Supplies liberal: demand moderate, market steady; no change in prices; Michigan, 150-Ib, sacks Rus- eots Rurals U No. 1, 6 150-1b. eacks Irish Cobblers U. 1, 7.15a7.25, Spinac Supplies heavy: demand moderate, market firm; Texas, bushel kets Savoy tvpe, 75al00; South Carolina, cloth top veneer barrels Sa- Yoy type, 2.50a3.00 Canlifiower — Supplies liberal: de- . market fal-ly steady 2.00a2.25, mostiy Other Prices Today. Tomatoes—Supplies moderate mand modefate, market firm; Cuba, yepacked, ripes, wrapped, 3-pan car- 1ons, choice count, 2.85a3.00; Mexico, Jug boxes, ripes, wrapped, medium =ize, 4.50a repacked 6: ripes, wrapped, count, 8.00; cholce count, 7.00. Carrots—Supplles moderate; demand Hmited, m: et steady; Texa<, bushel baskets, 1 Beets—Supplies light; demand mod orate, market steady: Texas. baskets, mostly 3.50. Strawberries -Bxpress receipts and supplies very light: demand limites arket ady: Florlda, pony ref e ators, 50a65 per qt.; few poor qual- . green, low as 20 per qt. Peppers—Express receipts supplies light; demand moderate, fanc arket steady; Cuba, pepper crates, | gancy, 5.50. String beans, cucumbersfi eggplant, squash—Practically no supplies on market; no sales reported. EVERYMAN’S INVESTMENTS BY GEORGE T. HUC New Companies Speculative. In the preceding article the nece: sity of a careful examination of the Torrower's record before making a loan or buving a bond was empha- sized. The record is important mnot only for what it reveals as to willing- ness to mieet engagements but as to capacity. It is on this account that deseriptive of a new a statement as to earnings available for interest charges. The longer the perfod over which such an earning summary goes back the greater the confidence it inspires, Iy when the time overed includes one or more inter- vals of business depression. The test {8 mot results in prosperity. but in ad v v. Many & corporation which makes an impressive showing the industrial sky Is bright finds itself in difficulties when prices fall and de- mand for its product drops off. How to interpret the record and make allowance for the setbacks which come sooner or later to every industry will form the subject of a separate article, but before we come to that consider the case when there 18 no record, which is true of all new enterprizes. Having no history of achievement, the investor has no vard- stick by which to measure. This is one of the reasons why extreme cau- tion is essential with the securities of new corporations. It is not putting it oo strong to sayv that one dependent | on income from his or her investments should make 1t an invariable rule i pever to touch the obligations of a pew company. All such are essen- ly speculative and should be left Bureau of Agriculture No | 7 4 11 Glas 9813 market firm; Califor- | de-| bushel | light: | when | Recelved by Private Wire BY WILLIAM F. HEFFERNAN. NEW YORK, February 24.—It was natural that some sort of recovery should have set in in .he Curb Mar- ket dealings today following the pros nounced selling Tuesday. Recoveries, however, continued to meet offerings and improvement was not pronounced. Several weak spots again cropped out but they failed to Influence the general list. Speculation for the time | being on the buying side of sugar stocks evidently had spent itself and declines at times were sharp. Fajardo lost 6 points before support was en- countered. { NEW YORK, February 24—Fol- | lowing is an official list of bonds and stocks traded in on the New York Curb Market today: Sales in BONDS thousands. High. Aliied Pack 6s..7 75 1 Allicd Pack 28 Am Gas & El 6 Am Pw & Lt Gs 1A i 3A X LG e 2ESRIRSZA F & ORRREES e e =S BEDDORE &L, eneral Pet s eneral Pet ha oodsear T&R ' bs rand Trunk 61as 1 nland Steel 5ly4. ans C Term 45 R5% Laclede Gas 3iga. 100 ehizh Pow 6 A 05 ng Tsland Lt 6a 100% anito 5isa A wi 08 (ans Gas 51 at D Prod 6 SPM 6% hio Pow 5s B an-Am Pet 6a. .. Pa Ohio Ed 6s A 'a P&L 5y D il Biee 00500 SnS0s o8 500D0M: YN 2! 233322 S Sone i 27 5 | | b o Bon 5 S monEREEGaasaaen D Y DTS SeEoSsesstas CECPEDEREEREE e ? o PG ER DA S S Hub 148 $ Ry @ CS R Gns o 1 FOREIGN BONDS. #Cits Cologme 6 87 | Threaden a3 | Heidelh 7 i Danish Cons 513s De "Antiog Et R R France 7s on 814 Kruop Fried 'L % 1 Frov Bue Al 708 10 ov Bue Air 7138 10 Prov Santa Fe T | i 1 | STANDARD OIL | 100 Anglo Am oOf1. . . Ang A O vte ef-d 10 Bome Scrymser. 2: 1900 Continent 0il n. b0 Gal Sig_Oul. . 110 Humble Oil & R. 10111 P L . 1000 Prairie 0& G n 100 Soith Penn O n. 5008 O Sales in 24 al ‘new wi 400 Vacuum o 1 ¢ Sales TNDEPENDENT OIL S ks | fntes, X ENT OIL STOCK i A Maracaibo C L 4% Gibson Oil Corp. Gilliland Ol vte. | Granada Oil. Washington Stock Exchange | SALES. o | Smomiioa® | cs tion_Co. at 107, |, Washington Rws. & Elec pfd —3 l-.'oflu 91.°20 at 01, 20 at 91. 60 av 9 Ladston Monotspe—10 at 825 t I, 106 101, Mergenthaler Linotype—3 at 211. AFTER CALL. Washington Rwy. & Elec. 45—S$1.000 at 803, . 'Washington Gas G 33 —$1.500 at 103 Capital Traction 56—$1.000 at 100%.. Money—Call loans. 5 and 8 per cent Bid and Asked Prices. BONDS. PUBLIC UTILITY American Tel. & Tolga. 45 American Tel & Teiga. 8155 | Am. Tel. & Tel. ctl. tr. 58, | Andcostia & Potonuc | Ana. & Potomac guar ienbone o8 . . 1 ne of Va. b R, City & Suburban b Georgetown Gas 1st o Elec. let o Eotoue Eice. 6 1055 ot. El. Pow. g. m. & ref. Wain.Alex. & M1 Ver, Alex. & MU'V Bait. & Annap. { Washington' Gas Bs.. Wasningion Gas 65 Wash. Rwy. & Elec. 4 Wach. Rwy. & Elec. gen MISCELLA D. C. Paver Co. Be.. ... Pot. Joint Stock Ld BK. Southern Bldx. 6%4s... Wash. Mkt, Cold Storage Bs Wardinan Park Hotel . STOCKS. PUBLIC UTILITY American Tel. & Telga.. | Capital Traction | Washington orfolic & W 071, ol i, Sioanboat 4 Pow. Bid RSy 8 Wash: Rw. & Ej NATIONAL BA National Capital. | Columbia ... | Commercial District . Farmers Federal-American . Liberty .. . Lincoln . | National | Rigws - | second " Nat. Banl S58ESHSS TRUST COMPAX | American Security & Trust | Coltimental Trust......... Me:chants. B | National Sav | Caton Frast.. .. | Waeh. Loan’& i SAVINGS BANEK Commerce & Savingl THE NEW YORK CURB MARKET Direct to The Star Office | Carib Syndicate came into promi- | nence in the early part of the session, galning well over a point. The buy- ing movement, however, proved to have bteen nothing move than short | covering by those who had sold the stock following the recent unfavor- able developments regarding the com- pany's concessions. The market for other ofls again displayed a disposi- tion to do nothing until more definite information comes to hand regarding the relation of demand and supply. Public utilities felt the effect of further selling pressure and losses of a half point to 2 points were common. 10Gult Oi1 of Pa. 158 Lafa 58 30 Lako Leonard il on " OIL . » 3 o mBEEe 195t P = S e Y SO ] Qeal F iR R E W ORGSR oo C B e et e 1 s ok 2o = B SuBatlnaSiakonbol: ) ¢ ezuelan Pet. “ Warner Quinlan.. 2 INDUSTRIA! ro Sup Mfe B. 1 Gt Soutn .. 102 Gt South ptd 103 Dafa M FEF A NS IR [t » e @i @ i1 - SemiET— St ee vy ey bt B3EBREREEE o | Z < e B o2 Oy IO pa_ e S N i 12 13D 10 e > [ = oo T iy =2 .y B R EE LEPIPESER - 2 rain i Brill A wi'B: .. Bkl City RR.. 13 Bucyrus Co. .. fiCan D Gin, Als'n Celluloid Co ; Celluloid ¢ Pt 11 Gentrif " Pip "Cor. 1Ghie Nip ko 33 Commonw P'C 1 10 Consol G Balt n. 3 Consol Laund. ; 2 Conttaien “Bak ‘4 ontl Bak pfd. . 44 Contiaen B 2 Courtlauldy Ltd. 18 Congreas Cigar. . Cuneo Pres : Curtiss Ae: e 2 De Forrest R vio 3% Domin Strs Ltd.. 4 Dubilier O & R.. 1 Dunhiil Ind 1.} =3 Ll = ¢4 % 120 DIID o SIS 1 200 LI DI ID G Lt D S Dm0 I =3 BB S F % 1300 coD DO IZIOEHAL 1 Eras o WTE E PEEETIEE & o & SRR FERIEINS P Marchants' Transier and Storage pfd.—30 | - imeason’s initial carload East Washing! those able to assume risk. Bect Bav. It is no answer to this objection to that other corprations engaged the same line of business have chieved great cuccess. That is one of the commonest arguments of the romoter and {t is always a sign of nger. Probably this warning ap- lies more to stock than to bonds, t the principle is the same. Unless an Investment has been tested by time there i< alwavs an element of speculation invelved. whether it be & stock or a hond (Mr. Hughes' nest article will pear in The Star next Saturday.) -, About 95 per cent of tiie married ymen who work contribute all their to thair familes, Columbta ... Real Eatate Tidié MISCELLA. D. C. Paper bid.. Frdersl Storaxe Bid 11111 Mer s, & STGrae Merchants' Trans’ & Sto. pfd 1003 Mergenthaler Liuotsve. . 2 National Mig. & Uid buten M ap- : | white potatoes from Florida arrived 2l .| PIG IRON PRICE DROPS. . 9 Durant Motor: . 5 East Roll Mills'n BOE S ORIE B oo HOIR DO S DR N I 2 SO S 3 Wk PR SO BBD DB Dk 1B G 2 OB Colh s DB = 15 DI BPAD E NN PRSP rarc it et 2L 108 Elee B 1 Eoi 3 $ 30 CLe I = S e Iy Gamewell 'Co ... 2% General Bak A 74 General Bak B.. Gen loa Cream. . PRkt P RS Do Bous _mearsonoe: P PRttt R RS S 5. 883mgmsan meremoeh 1ZeaaaoSem o L2 & Hard rts {ant Bros A. .. nd Cor'A BEGE2E5 S SRR Csaiizmon K Lando, I Land _Co Florida. Leh Pow new. .. & TRERS < Gk 81 2320 B e B N T Ty ot w et et = et Fd i Wp Tien i las Ruly nfd 2 Mohawk Val 1 18 Mohawk Hud P 1 Municipal Serv nsic Master. Leather. at Pub_Serv ‘A eptune Mater A ¢ Merchandiss S i £ Frer 2 FRcagor1onsen 23 =3 2 v & # 5230 A DR IO DL O DI D% 5D SR DD DA S DI IS B (2 PRI D D) L B b 3 D BADILIN PR e amcasoDmisat DR B R 5D IB S s & PEIE bk o gtn orrB I b 13 e S! - 3 Purity Baking A 2 Purity Bakinz B 14 Rand Kardex Bu ) ot T E 7 Rickenhacker Mo. Rich Rad n 2 Rich Rad n pfd. . % Sears Roeb n_wi T Sharwin Wil Co 15ilica G P o vte # Serv EI Cor A ¥ §hredded W Snis Viscoss 4 Southern G & 1200 Southe P&L 37 Southeast P. 4 Southea P & 18 south P&L ot Sou Cal Cal er PSRRI rd " A y oot a1 moun 13 It 5 s Sl L ot I e tovr oot o 5 50 3 con 53 ey o0 o Dises gl N FREy S SN SE R e R A 1 8tand Tank C Co 2 Stroock & £o. . 17 Stutz - Mot. . R Swift Int 1 Swift & Co 4 Thomp R( 5 T1 A P i b F2 S S SR C e R RN RE R 8555, B 5EERT: 20 Tran 10 Trum 1 Truscon Steel. 1Tu Art S B vt 1 Tung Sol Lamp. 14 Tung S Lamp A 14 Union Carbide. . n n, it oy FE e e et Srsroubns N et et LR ORI e FEE EF Saiom oo . .3 65 155 Crocsus. .05 hought M. 50 F! 5 Gold Cent Mines. ) Goldfid Cons . 19 Serome ¥ Devel 30 Jumbo Exten. .. . 22 Kay Copper Cor. NEW WHITE POTATOES ;.\ IN NEW YORK MARKET :5w'~‘ll| Dispatch to The Star. | REW 'YORK, Februar today, but the stock was unattractive and met an extremely limited outlet. 0ld crop potatoes were in heavier sup- ply and the market barely steady. Up- state round whites in bulk sold from $7.50 to $7.75 per 180 pounds. NEW YORK, February 24 (#).— The Iron Age pig iron composite price dropped to 21.46 this week, the first change since 21.54 was established on December 1. Tt was last year. { No change has occurred in the com posite price for finished steel whick remains for a third week at 2.424 cents per pound. One year age it was 2548 oenta. &SI 24—The | new Crop EVENING STAR, WABHINGTON, D. COTTONIS STEADY | INTRADING TODAY More Activity Develops, But Price Changes Are Not Extensive. By the Associated Press. NEW YORK, February 24.—Cotton futures opened steady. March, 20.03; May, 19.46; July, 18.83; October, 18.10; December, 17.76. The cotton market was more active and showed a generally steady tone in today's early trading. Some selling at the | opening was promoted by relatively easy cables, but it appeared to be absorbed by covering or price fixing in old crop months, while there was good demand from trade interests for new crop positions on the basis of 17.78 for December. First prices were 7 points lower to 1 point higher, March selling off to 20.00 and October to 18.09, but of- ferings were well enough absorbed at this level to cause rallies of 2 or 3 points, Active positions ruled about 5 points below to 3 points over yes- terday's closing figures at the end of the first hour. No further March notices were reported. Private cables attributed the de- cline in Liverpool to hedging and continental selling. New Orleans Quotations. NEW ORLEANS, February 24.— Cotton futures opened steady; March, 19.30; May, 18.82; July, 18.31; October, 17.40; December, 17.35 bid. First trades showed losses of 5 to 10 points and the market continued to ease off after the call, March trading down to 19.30; May to 18.32, July to 18.31 and October to 17.40, or 6 to 11 points under ves- terday's close. A favorable weekly weather and crop report added to the easler tone. Toward the end of the first half hour the market was steadler and prices rallied a few points from the low. The undertone continued bearish. Noon Cotton Values. NEW YORK, February 24 (®).— Cotton futures 11:45 am. bids steady. March, 20.02; May, 19.46: .1!;31\'. 18.87; October, 18115 December, NEW ORLEANS. February 24 (). —Cotton futures noon bids steady. | March, 19.32; May, 18.86; July, 18.38; { October, 17.45: December, 17.41. LARGER INCOME NOTED. | NEW YORK, February 24 UP).—The Public Service Corporation of New { Jersey reports larger revenues for surplus after charges havin ncreased to $1,368,664, compared ith 1,165. Gross was $9,441,066, against $8,594,657. STOCK ON $5 BASIS. NEW YORK, February 24 (P).— { Common stock of the Montana Fower | Co. was placed on an annual dividend | basis of $5 a share, with an increased | quarterly disbursement of $1.25, which | | previously had been 31 quarterly. | | The regular quarterly of 1% per cent | {on the preferred also was authorized. | | Both are payable April 1 to stock of i record March 1 LOAN PLAKS CO NEW YORK, February Negotiations were completed by ican bankers today for a $20.000,000 | loan to the Itallan Public Utilities Credit Institute, a quasi-state agency created by the Itallan government last vear to assist in financing that coun | try’s utllity enterprises. A public offering of securities will be made Iater this week through a syndicate headed by Blair & Co. | - | PARIS BOURSE UNSTEADY. 1 | | PARIS, February 24 (®.—Prices | | moved_irregulariy on the Bourse to- | {day. Three per cent rentes, 49 francs | 11 centimes. Exchange on London, 132 | | trancs 88 centimes. Five per cent |1oan. 66 trancs 20 centimes. The dol- |1ar was quoted at 27 francs 27% cen- timee. LS S Fool and His Money. The fact that a stock certificate ia {printed in fancy green scrollwork is ino proof that it is worth any more | than ordinary wall paper. Thousands | of people in Washington would have saved their money if they would have !asked their banker to tell them what | he knew of some supposedly wonder- | tul_investmen: Business Property For Sale Cheap 939 New York Avenue This attractive build- ing, second door from 10th Street, containing store and five apart- ments, with L-shaped lot. 15-foot front on 10th Street. 20-foot front on Vew York Avenue. New heating plant is necessary in this building. Party able to install same will find a real bargain in_this property. There is also room for store on 10th Street part of the lot. Owner of this propert will consider any smafi properties or ground in part payment. You will find it attractively financed. See Mr. Lewis W. H. West Company ; 916 15th St. N.W. M. 9900 [l Real Estate Bond Issue i i | {I The Bullaing: A new 21.sto || etrmctore to be erecte | ! | | i the 0 Hall District of New ank‘f = o The Loeation: Assures permanent THente miade. By The oty bt s o e in"the Tmmediate vicintty TooE® The Bonds: Will be secured by an solute First (Closed) Mortgase the building and land owne in fee, which mr&-r amounte to less thar 57% of the independently appralsed valussot Court Square Propeny: Court Square Building New York City First Morteage 6% Bonds Due Nevember 1, 1958 99Y, yielding over 6%, Circular and Booklet sent wpon IE. H. Rolins & Sons Founded 1876 C.. WEDNESDAY, F Prompt Action First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. 738 1Bth Street = Money to Loan Sectred by frst doed of trust on real estate. valling interest and commission. Joseph I. Weller §20 Wush. L. & Trust Bids.. Gth & F NW. FIRST MORTGAGES Money at 517 Very Desirable ‘Conditions Gran EBRUARY 24, 1926. REAL ESTATE LOANS i e $1s% RESIDENCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main 392 FEDERAL-AMERICAN NATICNAL BANK RESOURCES, $14,000,000 1315 F Street ted Tyler & Rutherford Loan Correspondent Mutual Benefit Life Ins. Co. Newark, N. J. 1018 Vermont Avenue Phone Main 475 Small Loans To Arlington and Fairfax County, Virginia Home Buyers Money advanced within 24 to 36 hours after application L. Garland Kendrick _ Clarendon, Va. 22 sands of them —are the owners of Straus Bonds. Here they find a tested in- vestment—one that meets the requirements they have laid down through years of experience. ‘What experienced investors everywhere are doing, you, oo, can do. Current offer- ings of Straus first mnumwz: their -mam ed safety, and for r yield of 5.75 10 6.40%. or write for BOOKLET 782.G Raabliobed 18383 Incorporated Invessment Bonds 929 FIFTEENTH STREET Telephone Main 5847 WASHINGTON 44 Years Without Loss To Any Investor JOHN POOLE, President o-l-r-.-nrn-flll" The F.H.Smith Co. [0 smucn Biao. 815 15h st 1T .STOR IN 53 YEARS NO Loss TO ANY IN WE_PAY MORE INTEREST| ON SAVINGS ACCOUNTS Than 1 | 1 Any Other National Bank ‘| ‘Washington Interest on DAILY Balances Come in and let us explain | | | | l | 14th and G Streets i Resources $17,000,000 i ‘:. GOLDEN DONALDSON, PRESIDENT | We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of inter- est. Should you have i 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. Consider the Years to Come. Will They Be Barren or Full? Wise Investment of Your Funds Today in Our FIRST MORTGAGE NOTES will mean a steady, dependable income in the days to come principal Combined with doubly secured you have Tiberal rate of return. Mortgage Department One of the 15,000,000? Send for this booklet BOS Small investors—people of mod- erote incomes—mow owm the bulk. of the Nation's business. JOIN THE RANKS OF JUDICIOUS INVESTORS STEPHE| PS Established 1907 1417 K Street—Main 9300 Not a Loss to an Investor in 20 Years Loyalty “Faithful Service” You would not subject indecencies and expéct to r Why expect more from a true friend to humiliating - etain his loyalty. your Dollar? If you would enjoy its Loyal Support ‘nvcst it in only proven Depend- able Securities. First Mortgage Notes On Washington Real Estate Pay An Annual Income of 62% Investment Department FINANCIAL. Metropolitan Life Insurance Company OF NEW YORK FIRST MORTGAGE LCANS Apply to WEAVER BROS. Realtors 809 15th St. NN\W. Main 9486 Commercial Nat'l Bank Over a Quarter of a Century’s Experience Consult Us— about the profitable man agement of your rental property. We supervise every type of rents— Apartment Houses, Flats, Stores, Office Buildings, Co-Operative Apart ments. Our service is complete, constructive, systematized to assure vour rental income B. F. SAUL CO. Main 2100 925 15th St. N.W. For Nearly Two-Score Years this organization has been known and respected for its in- tegrity and depend- ability in business transactions. 1 Snders Co.= Founded 1887 1133 K Street—Main Mortgage Notes 1016 - Equitable Co-operative Building Ass'n JOY EDSON, President Organized 187 $5,031,814.86 FRANK P. 46th Y] Surplus ZSIDE, Secretary R COMPLE $1,3: Subscriptions for the 90th Issue of Stock Being Received /™\ SHARES §2.50 Save fer a home system- atically through the Equitable The Equitable’s systematic PER pian has helped hundreds to buy MONTH It is a plan used by those who higher things in mind. 915 F Street N.W. You'll lfke our plarn The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland FOR 3, 5 OR 10 YEAR PERIODS. ON APPROVED SECURITY Apply RANDALL H. HAGNER & COMPANY' MORTGAGE LoAN GORRESPONDENT Telephone Main 9700 Apartments Office Buildings 1321 Connecticut Avenue Marland Oil Company Wrm net earnings in 1925 of $7.80 a share on the present outstanding stock, no funded debt, strong financial position and large oil reserves, this Company is strongly intrenched in the oil industry. Descriptive Circular on Request F. S. SMITHERS & CO. Members New York Stock Exchange 19 Nassau Street New York