Evening Star Newspaper, March 3, 1926, Page 27

FINA COTTON BIT HIGHER INTRADING TODAY Strong Undertone Here in Spite of Weakness Noted in Liverpool. March 3.—The cotton unchanged to 9 points showing a better under- jne than had been expected in view of the weakness in the Liverpool mar- ket. Although demand appeared to come mostly from shor! Jeading loc ators were most fa- toward new crop po: leveis. on house 1so was reporte umount of price partly for continental account. Liverpool bought h sold in their rever les, which ad. ter the | > with better reports stock market. Margh 19.04, with May up to ‘l and October to 17 ¢ buying of late A con arket, 17.94; 4 NEW ORI March 3.—Cotton furtures, 1 i ady; March, ; October, October, BALTIMORE CLEARINGS ARE BREAKING RECORDS' en out by el at the high d compared with any | riods in the past. | est level on rec corresponding Washington Stq_ck Exchangel 0 at 100, $500 at | r pid— 107. $1.000 at 1031, | 2.000 at 100. Bid and Asked Prices, BONDS. PUBLIC UTILITY. prRecey STOCKS. PUBLIC UTILITY T 1 30 100 500 50 » Meckia FIRE INSURANCE 200 TITLE INSURAN 3oodyear 1 Co of u.m' is 105l estinghouse NCIAL. THE EVENING STAR, WASHINGTO NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. HEFFERNAN. NEW YORK, March 3.—The specu- lative element today was not con- cerned with developments on the out- side. It devoted its attention to technical conditions within the mar- ket and the process of clearing up weak spots was resumed, numerous issues br : Where de- clines occurred, however, they were not as sensational as they had been on Tuesday, but were sharp enough in some instances to carry prices off as much as par |(ula|l) true of the public utilities, which had been spe- NEW YORK, March 3.—Following an official list of bonds and stocks traded in on the New York Curb Mar- 0 Ohio 2400 Vacuum Oil. [ NDEPENDENT OIL STOCKS, 2 £0 A 104 Leonard Oil; Lion Ol . 10 Mex Oil 21 Mex Panico 40 Mount Prod . « m 0 Am Am Ravon vmu BN A Wi 1 Brill Corp B wi L By Ciiy 1'% P Oheol G Balt 1 ol Laund inen Bak B. 1l \I]nk vid. 1z Pub Pub S PP pl1 u 3 F"'{ u, ';'"” ;rr d Motor v it T For o onndatn. For A 77 Fox Theaters A.. 4 Frank H H Mfe 9 Freed Eiseman K Happiness € St ¥ IR W ash cial objects of attack Tuesday. Many speculative accounts which had been carrying this class of stocks at con- siderably higher prices were forced to liquidate, and it made little or no | difference what prices were obtained | for these holdings. Of course, the Interstate Commerce Commission’s decision against the proposed Nickel Plate merger was i blow to the speculative element, which was expecting big things in et fm the railway stocks. shares have little urb, the price move- .mmt here was not affected. i Hazeltine .(‘..n. 2 Homn 30 T R 1 Insur L Inter Ut B ol an 3 S0 Gas 1x0 Soufh Pow, & 5030 So Pow & Lt wts %80 Pow & Lim.. lit B 1 7 Stutz Mot . 16 Swift_Intl g N7 } Bort) Gl Mg pid M semale O WAGE QUESTION UP. CHICAGO, March 3 (#).—A 7 per cent wage increase for conductors and trainmen was under considera- tion By managers of approximately 10 Western railways today. It was planned to appoint a committee to confer with the brotherhoods. o g A F(ml and His \Iom‘\ The fact that a stock certificate 1s printed in fancy green scrollwork is no proof that it is worth any more than ordinary wall paper. Thousands | of people in Washington would have | ed thetr money if they would have | JAIMES F. SHEA sked their banker to tell them what | he knew of some supposedly wonder- | ful investment, Real Estate URING the past first mortg their sterling offerings maint They are ent standards. AFE, because the n are the direct obligati sponsible borrowers. gage notes pay 6 COI\’\' ENIENT, vestor or his bank on H. L. RusT 912 15th Street N.W. % | Secured by first deed of trust on real estate. investment safety, profit and convenience. because SEABOARD AIR LINE BREAKS ALL RECORDS January Revenues Largest in Hi tory—Surplus for Dividends Is Doubled. Special Dispatch to The Star. BALTIMORE, Md., March 3.—Total operating revenues of the Seaboard Alr Line Railway in January were larger than in any corresponding month in the history of the company. The increase, compared with January, $1,253,191. Operating ex- 911.42 greater than they were a year ago, and net revenue showed a gain of $600,279. After all deductions, including taxes, equipment, rents and interest and other fixed charges, the company re- ported a gain of $108,621 in surplus. This surplus, which I available for the payment of interest on the 000,000 adjustment 5 per cent bonds, was more than double the re- quirement for Januar 1 Ohio Raflroad last month was over £1,000,000 greater than the same month last year, according to & report issued by the company. Freight revenues again showed a great increase, totaling over $16,000,- 000 during January. Passenger 04 A TR it b Contmenhl Trnst Compan::g Capital One Million Dollars lllh & H Streets i ] = o Bondl Fure Morgage B The F.H. Smith Co Smath Bidg.. 815 151A St ANY INVESTOR IN 33 YEARS REAL ESTATE LOANS A S FRED ‘l' NESBIT . TMENT BLDG. Main 9392 Money to Loan | Prevailing interest and commission Joseph 1. Weller p20 Wish- %o £ % FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President Lowest Rates—Best conditons OFFERED 'l"fl BORROWERS. TYLER & RU THERFORD, LOAN ¢ Hllkl SPONDENTS. Mutual Benefit Life Ins. Co., Newark, \ g 1018 YERMONT AVE VAN 4% FIRST MORTGAGES | Money at 517 Very Desirable Conditions Granted Tyler & Rutherford Loan Correspondent Mutual Benefit Life Ins. Co. Newark, N. J. 1018 Vermont Avenue Phone Main 475 First Trust Money ON HAND —Available for Both Building Loans and Completed Properties Reasonable Interest and Commission 643 Louisiana Ave. N.W. 61% Time Proven Mortgages thirty-six years, the ge notes purchased by in- vestors from this Company have proven of The pres- qualities ain the same high 1ortgages are not only abundantly secured by the property, but ons of financially re- PROFITABLE. because the present mort- 4% interest. the interest checks are promptly received by the in- the day due. COMPANY Main 6888 ¥ Vet {ncome of the Baltimore and iy D. 0, WEDNESDAY, MARCH 3, 192%. STATEMENT OF THE CONDITION OF THE FIDELITY & CASUALTY CO. OF NEW YORK On the 31t day of December. 1025 as re- quired under the District of Columbia Code, smended June 30, 1902, and August 18, Capital stock . - Capital stock. paid ip, in & 68 Money to Loan on Real Estate GEO. W. LINKINS 1733 De Sales St. MAKING LIFE INSURANCE USEFUL —is a special function of this Company. Our trust officer will be pleased to have you confer with him. The Washington Loan and Trust Company 900 F St. 618 19th St. +$4.000.000. in cash,” 4.000.000. Cash in office. Cash in bank’ Real estate. Real estate ien " (miarket i 1a 26.085.007.53 4,008 04750 '283.294.08 271711 Tlans of agents. -« Interest due and accrug All other assef Total assets. WE PAY MORE lNTEREST ON SAVINGS ACCOUNTS Than Any Other National Bank in Washington Interest on DAILY Balances Come in and let us explain Commercial Natl Bank 14th and G Streets Resources $17,000,000 | R. GOLDEN DONALDSON, FKP\II)I\T‘ Commissions. "brokerage. Capital stock All other lnnullue Surplus a1k 161 ug Fotal mml‘u!w.‘.v.vi, 334,000, 1“3127 cter of business transacted during the Accident. health, liability, steam wheel, burglary, pate glass work- collective. ained during the $0.726.961.30 .23,798.895.06 Year .21 807, “HJ 71 8 N 1. STERLNI T the best of bis ‘llPIm'i;el! ‘o the best of his knowledge and belie "H"\\ tl l\l"wi“ L IFRI Sex mll Y. his bseribod and . eworn 10 befors me this 11th (‘)\\ of "QY)HI(L(\ 1926, WALTER SECH! \flll-l‘y Public. Queens Co. lflM(b ’I]N( in Kin; 0 No. 85 Ce 'LOANS | 1st Trust | CONSTRUCTION MONEY ON HAND IN. L. Sansbury Co., Inc.! | 1418 Eye St. N.W. . Ringn Gou Commissio expires ) 2 Wilkine Member of ihe Tnsarance Club of Washington. Company’s Increased Business for 1925 Over 50% 2009, Increase 1925 for Washington STATEMENT OF THE, CONDITION OF The Guardian Life Insurance Company OF AMERICA i In_the City of New York, on the s £18 ©$200,000.00 pital stock. vaid, yr . Cashl, ~200.000.00 SSRTS A 28.801.689.86 (market . . 10.280.750.79 and ‘de- hands of EFFECTIVE NOW 1605 14th St. NNW. Pot. 1673 and in ts Wi § and Fents due and we- 0 g : All other asssts. . Loans to policyhoiders. Total assets. "Court Square Building New York City First (Closed) Mortgage 6% Bonds Due Nov., 1958 This issue will be secured by an absolute First (Closed) Mortgage on a new 2l-story office structure and on the land owned in fee, situated in the center of the City Hall district of New York City. There is an increasing demand for high-ciass office space in this location. Price 99%; and Interest To Yield Over 6% Descriptive data with location map sent upon request for A-613 E.H. Rollms & Sons nded 1876 416 Woodvurd Bldg., Washington Boston New York Philadelphia Chicago Denver San Francisco $601.546.83 o 545.744.66 Salries, rents, expensoe, taxes, rnmnum-.m brokerage. etc. aeh d 35 o policyhoiders in 1926 and subse ars % Total liabilities.......... $48.416.988 Character of iiicss' transacted during the year 1925 Life insurance Amount of mk 19 $66.857,628.00 . 2,056,182.00 “the . 13.371.516.37 10:134:176:68 . Prosi of February. >, A. HAH! Bronx Co.. No_ 5 Cort. filed in 0. 61768. Term exbires ) Of this amount, $199.500 has been ac- red by the company under mutualization John B. Wathen, Jr. Manager The Guardian Life Ins. Co. of America. ESTABLISHED 1860 UNDER THE LAWS OF NEW YORK. Phone Main 6737 Room 307 Insurance Building. First and Second Trusts Purchased on IMPROVED REAL ES In District of Columbia Nearby Maryland and Virginia ATE International Finance Corp. 400 Commercial Nat’l Bank Bldg. Metropolitan Life Insurance Company OF NEW YORK FIRST MORTGAGE LOANS Apply to WEAVER BROS. Realtors 809 15th St. NNW. Main 9486 Equitable Co-operative Building Ass’n EDSON, Organized 1879 $5,031,814.86 Subscriptions for the 90th Issue of Stock Being Received JOHN JOY President Assets FRANK P. REESIDE, Secretary __46th YEAR COMPLETED Surplus $1,352,749.93 K3 o The Systematic Saver Usually Accomplishes His Purpose SAVING THROUGH THE EQUITABLE Whether you're saving for a house or to complete your children’s education, you'll find our systematic savings plan s helping hand. N SHARES $9.50 PER MONTH N \ 915 F Street N.W. “Join Today—Save Each Payday.” < FINANCIAL. Prompt Action F irst Mortgage Loans Lowest Rates of Interest and Commission N. E. ELLSWORTH, Gen. A Thomes J. Fisher & Company, Inc.|| Aetna Life Insurance | WOODWARD BUILDING Ask Your Banker About INSURANCE TRUSTS The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real [state in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland FOR 3, 5 OR 10 YEAR PERIODS. 5%% ON APPROVED SECURITY Apply RANDALL H. HAGNER & COMP. MORTGAGE LoaN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Apartments Office Buildings Houses Business Properties If Interest Yield Means Anything to You You Will Invest Your Funds in Our FIRST MORTGAGE NOTES They vield 6%:% fnterest, pay- able semi-annually on the date due, and are amply secured by selected Washsngton real estate conservatively apprassed at twice the face value of the notes. Mortgage Department Experienced Investors Choose And to the twofold real 1/, 0. estate security, they add 6 /2 /0 the protection of dealing First through an organization with a background of nearly 40 Mortgage years' proven integrity and % business ability. Notes 1n A Snders Coe Founded 1887 1423 K Street s Main 1016 Protective Responsibility Before we present any of our securities to our clients, our appraisal experts in- spect the property on which the loan is to be made. They insist that the loan be not more than one half of the entire value of the property; a precaution that further in- sures the Dependable Safety of First Mortgage Notes Annual Return 6Y2% Investment Department 713, 715 and 717 14th St. Main 2345 MANY YEARS OF INVESTMENT For more than a quarter of a century this company has of- fered conservative, safe, stead- ily productive investment in our 6%2% FIRST MORTGAGES Over a Quarter of a Century Without a Loss Not one of our investors has ever lost a dollar of principal or interest. These same securities offer their protection for your surplus funds. In Amounts of $250 and Up. B. F. SAUL CO. Main 2100 925 15th St. N.W.