Evening Star Newspaper, March 15, 1926, Page 29

FINANCIAT NEW YORK CURB MARKET | Received by Private Wire Direct to The Star Office | | Uiilities, Electric Investors, Eleetric ! Bond and Share knd American Power \md Light were prominent in ihe de Cline. Despite the fact that the oil group “hared the least of any in the bull n of October and November, viferings came into this class of stocks (nd high-priced issues were down iw points generally. This was true of Standard of Nebraska, Ohio and | Refining. Prairvie Pipe Line appar counted the favorable v which disclosed $18.80 a share on pital _stock as a share in the NEW YORK. March Iy reduced volume of general body of curh sumed the downwars progress at the cl side lopiments we sive it consideration. The wurket was con cerned chiefly with corvecting specu lative exces committed on i buying side. With a zood part of the short interest eiiminated as the result of the recent covering in of short con tracts. the market w in a weaker technical position and susceptible to further selling operations, Land Co. of Florida sold at new low prices for the year, in symnathy with heavy selling of Southern 1ail ~hares on the Stock Exchange. Public utis Yy shares were sul cted 1o consid erable pressure. losses extending to 3 points in_several instances. United Gas and Tmprovement. Middle W est On a gred business, ihe tocks today e move U in Saturday. Out the com previous cqual to {000,000« with #1 | vem. Auburn Auto made belated response to the dectaration of an extra divi-| dend of a $1 share, but the early im-} provement * was lost when sellin; Jnde fis appearance elsewhere in the | up. [ motor 5 Poiico 2 nds and 1ol X d York Cur : o ndford O L Mex Land O Con. Lok 0 €Y d “Rank 01l ter-Roster O : 1 Ryan Con . &' d o . .| T8 Am Pow & Lt 6 s 0 5 i £ e 2 Am il it 6 -~ { 3 Am Thread s ilan. Pet. . ¢ i TAm W W YO & G B 2 2 & Anaconda t : | TASO G & E 6 INDUSTRIALS | o i 100 45 NEW YORK. March 15 n official list of honds on the New thousans 10 Alum s 21 Am Gas A | { hundieds 1 Alum 1 Alum 5 Al i Am 1 AL Fruit Rs 10B & O R R o wi el Rs Rell T Can 5 Beth Stl'7 ER o mew o new it Comt LAm 1 TAm L & Tr Am I & Trac T Am Py & L new Am Pw & Lomd T am Raye i tAm Roliios M Am R Am Superpow A 21 Am Superpow B 1Am ) e pf 1 Aseo Gus & Elec 4 Auburn Aute Co. Atl £ General T General T i 100 Rubl 6 Ing ¢ O | di an D Ging A ) i Pip Cor N A w P'Cn 3 oo P C W B nexd ol Laund Prod a4l A ex d111% N 3 i | 4 N 7 5 on Buk ntd ex d i k ! T Cove Prod A ww 3 3 1Curtise Aero M D For R ( Dominion st L 1 Dunilier ¢ Durant Mot A Vic ety Shon Cor est e 100 1011 1013, 101t 1011 1011 101 1017 10115 1011a 10110 104 T " wers Pab o m Corp) Fageol Motors (o Theaters A shiman «has i Glen Alden Coal 7 Goodyewr Tire T R&C R..0 v SEF 1 Heliman R pfd... 3 d Ravon Cor A Ceh Pow uw 5 Leh Val C 2 11 Owens Sh pn R Ch s 43 0 Ar &io0n ¢ | P 1 o 0 6f Can nw 20 theme Pt 100 Nat Tra 100 it 2R 086G hew 1Mt Ch Stores Wemt Uti! 2 Midvale Co 1 Moh Valiey i h Hud ' Puw Hud Pw pf S0 2 0 NS K 08 0 Ohio acuum 01l les INDEPENDENT OIL STOCKS. hundrads 1 Am orth Pow b Pobar PLx 4 Pratt_& Lamb C Pug SP&L... Purity Bak Al ; Purity Bak Purity_Bak Rand_Kard Reo Mot ex d Rickenbacker M: Say_ Sugar ... Sears Hoeb n Sterra_Pac E. . rv El Corp A. Snia Vise In R P &L v pfd ex d -eole Synd. . Crown Cent’ Pete Fuclid Oil Co Grbson 011 Cor 0 Granada Ol 2Guif ol of Pa.. 3 Lago Pel 3 61 Lago O1l O... 9 Leonard Oil. f Soten Datries & South Dairies A: iy Southw Bell pfd 11 Sparks. With'gton 2 57 Reris Pap x d 6 4§ Stand Pub € A. 1 1 Strom-Carlion Wi 1, Swift & Co Thermiod mp Rad v 1 e & Timicen Axle .. 0 Washington Stock Exchange 0 at 100. $500 18t 111, <10 at | Capital Traction 0. &t 18001 Traction Co.—10 at 111 Waahington Gas Light—10 at T2y 3536 40 ergentha 20R. x Pic ie AFTER CALL. Washinglon Gas 68 33—$500 at 103 %. £1,000 at 1033 Sriotype—10_at 823 10 at Langton N s At 873, “10"at 827, ,g\. 10 st B2 i 827 10 at g A nE o Goane, B and 6 ver cent Bid and Asked Prices. BONDS. PUBLIC UTILITY, Bid & Telga. 45.. 97 & Telga. 4'3s. 5. 102 95 Tt sk A WO 1 2 s 70 Ariz Globe C. ... . § Garnegie “Notals' Cons Con Mines. Eng Bold M Lt { Eireka Croesus.. First Thet G M Flor Goldfid 5 Golden Cent Hawthorne M L. ay Copper” Cor. arr Lake, : American Tel merican Tel AT & Tel. ctl Anscostia & Potomar Anacosua & Pot guar. Cl& P. Teiephone & &P Tel. of Va el Capital Traction R R.Bs.. RS & Suburban o8 . ..... Geargetown Gas Le lec. 18 T Pow Alex. & M. ¥ Alex & MLV > Balt & Aunap. os. “opper. ... Iymth Leud M.. ed Warrior.. ... &P EaSorC T S535n236E5 % £=E Wash. Rwy Wash. Rwy. & Elec. MISCE _Paper (o s ot Joint stock I & Bk Southern Bids. 8. . Waeh. Mkt. Cold Storage & Uni Verd tah Apex .. ah Metals 111 10 Weet End Ext.." . DAIRY PRODUCTS. .| BALTIMOR March 15, | chickens, 1b.. 27a38; Leghorns, 27a34: Winter chickens, 43a45; old hens, 2 o+ |a30 Leghorns, 27a28; roosters, 20; capons, 37a45: ducks, 25a35; geese, | 20a27: young turkevs, 40a50; old, poor and crooked breasts, 25a3 pigeons, pair, 25a30; guinea each, 35a85. Dressed poultr young. 40a50; old. 40a4% voung. 3ad0: old. 30a35: capons, 37848: ducks. 30a35; geese, 20a30. Eggs—Receipts, 1,109 cases; natfte | and nearby points, fresh, doz., offered . 2615a27: candled, 28a20: duck eggs, | 47048: goose egzs, 80a90. Butter—Good to fancy creamery, Ib., 42a45; prints, 45a47; ladles, 34a3i store packed, 31: dairy prints, 32a33; process butter, 39a40; rolls, 32a35. American Tel. & Telga i apital Tractiou. % \Washington Norfolk & ¥ ot Elec: Pow. ot Kl o Wasn. oy Wash. Rwy. & . &ieamboal pid.. Int. et lec. com jec. pid. . ioiis ! XATIONAL BANK. National Capital Cotumma 0. {ommeriai e ; Pu(u s & Mechanics aderal-Anie ederal-American Rights . i Banic of Washingeu TRUST COMPANY. «ontinental Trust > u Merchants Bank. National Savings won Trust.. . SAVINGS BANK Commerce Savings. T East Waghington. ... Sacurity Savings & Com. eventh Street Fnited States Sa Washington ) WILMINGTON, Del., March 15 (). ! _Lammot du Pont today was elect- ied president of L. I. du Pont de Nemours & Co.. succeeding Irene L. du Pont. who declined re-election. | Before You Invest—Investigate. It's queer how careful a man can be after he's lost his money. Abe| Martin says that a man who is not satisfied wiih 6 per cent and his money are soon parted. A ATLANTA.—A mnew corporation known as Southern Grocery Stores, Inc., will absorh 260 stores of the L W. Rodgers Company and the Puri Markets Company. The concern will open 230 more stores in Georgia, Florida, Alabama and South Carolina. American . Jorcoran ARt archants’ T Linotype e P Wathloegon Markeh. *Ex dwn | trading down 1 was Llemperatives over - THE COTTON IS EASIER ON'FOREIGN NEWS REAL ESTATE LOANS ANY AMOUN:]' o RESIDENCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main 9392 Opens at Decline of 4 to 11 Points—Market Steadies Later in Day. Stocks Bonds 0Odd Lots Carried on Margin Buck & Company BROKERS— Established 1016 312 Evans Building 1420 N. Y. Ave. N.W. Tel. Franklin 300 Direct Private Wires to New York Associated Press. _NEW YORK, March 1. futures opened 18 60; July, 18.18; Oci cember, 1717 January . ton Was bavely steady today ati a decline of 4 to 11 points, apparently | influenced by relatively easy Liverpool and belief that the covering t week lad loft futures in an technical position. | July sold off o 18.12 and December to 1710 within the first few minutes. | making nei dechines of b 10 to 16 but there wa e foreizn buyin, vew crop months, and demand from shorts was wtive, following recent ral the ariet steadied up a few PUINLs (row the lowest before the end | of the first hour. ! Reports of unseasonably lo tem peratures i South i have | Trought i litte buying, but, except t some price fixing and the foreign deniand was attributed chiefly ter covering ANS March 15 () opened steady. March 17.85: Jduiy bt October, Wwer, 16,8 Liverpool « than expected and first trades showed losses of 9 to 13 points. Prices rallied a few points after the cafl on the cold weather in the belt, but son eased off with May, to 17.85, July to 17.49 nd October 1o 16.78 or 11 to 13 points | below Suturday’s close, March traded 18 points jow Toward the ' end of the nrst the market steadier. by the low otton region. at Noon, Murch 13 (P).— Hoois bids steady May. 17 July, 1 Dece 16.87 i 5ot | 15 bitis steady Murci, 15.82: July 14y December Cotton .00: De- | easier We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street NEW ORI Cottan future May Dey The e Cotton NEW OKLEANS, Cotton futures March, 13.29: Octob 16.8 NEW' YOR ton fuwres 11 January, 17.14 First and Second Trust Real Estate Notes Secured on Improved Real Estate Washington, D. C. e oh wn Acuon First Mortgage Loans Jlowest Ra Thomas J. Pronipt f Interest and Comuission her & Company, I T FEDERAL SECURITY & MORTGAGE CO. 1412 K Street M. 1599 Money to Loan on Real Estate GEQ;, Wi LINKINS [P — OPEN Until 5:30 P.M. Today —for the special convenience of our many Sav- ings Dept. pa- trons, 7 Now's an time to “Metropolitan” _thrift- worker. if you're not adyv. One dollar niore will opes s account s 0 opportune become Organized 1814 Metrepolitan Bank 15th St., Opposite U. S. Treasury National Bank in the District of Columibia in COMPOUND INTERE! Good Judgment tells you that First Mortgage Notes. cured by good Washington real estate and sponsored by a firm with nearly 40 years' high standing, are the pick of the investment field. Convenient amounts of $100 and up Founded 1887 1133 K Street gy Mam 1000 The Extraordinary Goose That Laid Eggs of Gold RING the old fable up to date. The goose is Cap- ital—and the eggs of gold come in the form of Interest. And the owner who slays his Capital with the axe of Specula- tion gets nothiag but a lesson for his avarice. But you—don't slay your goose. Invest your capital in safe secur- ities—First Mortgage Notes— and secure the annual golden egg of 616%. 6 . Swartzedll.bgfilg;,ema Hcmcv(b. 727~15. Street NW. Washingon.nC. LVENTNG STAR, WASHINGTON, D. 56 Years Without Loss to An Investor C. MONDKY, MARCH 15. 1926. Money to Loan ' | S8ecureq by first deed of trust on real estate. Prevailing interest and commi { Joseph 1. Weller 38, sk £ &' | First Trust Money ON HAND —Available for Both Building Loans and Completed Properties Reasonable Interest and Commission JAMES F. SHEA 643 Louisiana Ave. N.W. FIRST MORTGAGES Money at 5% || Very Desirable Conditions Granted Tyler & Rutherford Loan Correspondent .Mutual Benefit Life Ins. Co.. Newark, N. J. 1018 Vermont Ave. Phone Main 475 J| The New York Life Insurance Co. Offers to Make Firs Mortgage L.oan ‘\)n] Improved Real Iistate in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland. OR 10 YEAR PERIOI S%2% ON APPROVED SECURITY bo Houses Business Properties Apartients Oflice Buildings (RANDALL H. HAGNER & COMPANY) MorTGAGE LeAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 ! " I i1 Equitable Co-operative Building Ass'n JONN 0y President FRANK P. REESIDE, Secretary 16th YEAR COMPLETED Surplus £1,352,749.93 Subscriptions for the 90th Issue of Stock Being Received Assets FEATUREY. AS YOU EARN-— EARN MORE The salaried our periodical pay apply his surplus carn more in our 6Y,% FIRST MORTGAGES investment jud ment recommends these con- servative securities to protect vour principal. Our experienced investment management estab lishes the unvarying regularity of vour interest return. You can start today with as little as $25. 50 and Up. man, through ment plan, can arnings to Over a Seasoned Quartcy of a Centur) Without « Loss In Amounts of § B. F. SAUL CO. Main 2100 5 15th St. N.W. A Doctor Wrote This about SMITH BONDS /N SHARES $2.50 The Systematic Saver Usually Accomplishes His Purpose SAVING THROUGH THE EQUITABLE PER Whether you're saving for a house or o complete you dren’s education, MONTH vou'll find our systemalic savings plan a \/ : ping hand “Join 'h 915 F Street N.W. Toduy —Save I Payday Think This Over Today is Pavday N PAH EN few dollars saved through our TIAL PAYMENT PLAN WILL BLE THE PURCHASE of First Mortgage Note n Washington Real Istate Pay 1 annual incon R \ the first $1,000 is the hardest™ e SHANNON. & LUCHY) INC— ) Main 2343 the Northwestern in 1 was upon insured in the Of the new business lssued by Mutual TLife Insurance Company applications of members previously company. Once a Policyholder Always a Prospect. STATEMENT OF THE ¢ONDITION OF The Northwestern Mutual Life lnsurance Company of Milwaukee, Wis., gived under the District of Columbia Code, and August 18, 19 (piiely mutual INCOME. On the 31st day of December aniended June Capital stock—capital stock. Premiums : Interest_and rents Consideration for instal Dividends left with company to Al other ineome ... . TOTAL INCOME Deathclaims Matured endowments Annuities . 7 Surren-fered policies Dividenda to_polieyholders b Premiums waived on claim disability OTAL PAID POLICYHOLDERS ler installment and option. settlenients Jiment and option settlements umulate at inteiest DISBURSEMENTS. Paid even ..o Commissions fo acents S Medical examinations and_ inanection Compensation of offcers, trustees Portage, supplice, printing. et~ Real esfate expenanc (excant taxes) Mort; and hond investment expenses Real eatate and hond values adiusted . Agents advance remittances allocated . Rent for occunancy of home offic . : Accum 4 dividands and interrst Withdrawn Ail other dishursements . TORAT, DISBURSTM EXCESS OF 1NCOM ! home office ¢ e 3 VER DiSBURSE ASSETS Real estate finciuding hame officed . Toans on real estate mo:tzages ... .. Thoans on policies ps collateral .. ... Premium notea and antomatic nremium loans 1. S. A. bonds and notes, amortized vale . Afher honds. amartized velue Qtocks (acauired on foreclos Cash on hand and i hanke ... .. Titarest an® rents ditn and acerued . Tue and deferred nreminms . Miscellaneous aseste ... . Assets not admitted—dedhicted .. TOTAL ADMITTED ASSETS i) ‘market valae 1100887010 11,945,804 Ra 65.1°7.08 20457 0.30 .. 8560081 aa4 00 2/07Q 0%7 an 1006 114 RILITIES Reserve required Rasarve for annuities and anecial contracts Rasarve for not-due installments ....... Tmiera e poticies .. =ra'00 Toasas and endowmens imated amonnt nf $1vas novahla i Taande Tafh tn o it i o Tacarve for tndstarminad toves ... e s e e S 420 000 an Reserved for contingencies (aaset depreciation. mortality fluctuction. ete.) 06, 040.06 TOTAY, LIABILITIFS 3 _$87R.001 810 30 Chararter of husiness transacted a5 Life insirance, purely mutual ‘q“"“:m::,:‘s:“ oo N5, INSURAXCE PATD FOR DURING 1078, 000 o 3 TNSURANCE IN FORCE DECEMBER 31. 1024 it ‘Number of policies: 895927, Amonnt- 3,100,756 374 Shlh e M. J. CLEARY. Viee President. E. D. JONER Secretarv, &iberibed and sworn to before me ihis 27th day of Februpry. 1024 (Seal.) N w. HICROX Notary Pavtin Milwatiee Co.. Wis M¥ comriasics exnires Mar. 1. 197 A. L. RALDWIN. General Agent. . 515 Union Trust Building, Washington, D. C. “I have collected the (semi-an- nual) integest this month on a 500 bond which I bought from you . . . and am enclosing the amount, $17.50, as a first pay- ment on a $100 first mortgage coupon gold bond. “I really know of no more at- tractive investment for profes- sional men who have a small surplus each month, but no - large amounts to invest at one time, than these bonds offer.” Our Investment Savings Pian enables you to buy a $100, $500 or $1,000 Smith Bond by paymsnt extended over 10 months. You get the full rate of bond interest on every pavment. By investing your interest in additional bonds, as this doctor is doing. you can com- round your interest at the bond rate. Current offerings pay 77. Every Smith Bond is a First Mortgage Bond, secured by modern, income-producing city property and protected by safeguards thi have resulted in our record of no loss to any investor in 53 years. For full particulars send your name and address on the form below. THE F. H.SMITH CoO. Founded 1873 SMITH BUILDING: Washington, D). C.—Main 6464 New York—Albany—Boston—Philadelphia—Pittsburgh—Minneapolis NO LOSS TO ANY INVESTOR IN 53 YEARS LAWFORD & MckIM General Agents 201-203 Woodward Building STATEMENT OF 7HE CONDITION v EMPLOYERS FIRI AN o INST i5th and H Sts. o CONDITION o €N RANCI ON MAss EMPLOYERS COMPANY, PUSET NT Aus amended u 1071 Camtal stoek stock. pad up. i S1.000.000.00 $1.000.000 00 1.000.000.00 | 1.000.000.00 b (niarket iné of agents and a e LYABILITIES, 1 claime reanired by 1 wong. brokeri K bilities ikiness T tha Fire and ailied lnes | Losses sietained during the umed du S1180.188.18 the a1 APPLETON. P FRANKLIN P HORTON. Snere, Scvindd and sworn to’ hefare me this of Febs SANTEL of February Y JAMES My commissi or T i \_':-'u.-\n \-'r;:l» THE CONDITIO NITED BRANCH i THE EMPLOYERS ASSUR. CORP. & LONDON. ENGI 1ot s of Decembe o Cam and STATED THE HARTFORD BOILER T PE AND INSURANCE COMPANY, T ST. HARTFORD. N DL Decembr 195 Drstriet of Calumbra Coste 0o and. August 18 | $2,500.000.00 PROST 0NN | 0N the 31 quired under th ‘amended e 1] a1 Capital deposit s stock ASSETS fic {Casn bank " iand risten Real extate | Stos ) Valiie ) Prenyum b Tnte Total Cash i office th Cash i hank Real estate. .. Real estate mortgages (first [ R Stowka anit’ honds (market |~ value) | Premiums | FrIn hands of agents. . Interest due and accrued ANCGiher assets.... ... (market <t due uncoilected " and assets admitted .. 829, Nt unpai | oarned premi rents. | experises okerage, el atutors denosit . <ery e for investigatio and adjustment of unpaid claima vents, Cloame | o Sions. brokerage 1]l cavital stock All other liabiliti Total liabilities.. ... ... . i er_of business ‘fransa 1 Steam Boiler Insurance Total habilities 234504 acter of busness transacted during the vear 1125: Casualty insurance. Amount of premi | ten during 375.416.59 | Losses sustained during the year 102 . Maney | $4.615.442.94 577.950.35 5.388.328.34 1.5 & 1 CHAS, S BLAKE, President BROOK, Secretary. ved dir ing the vear 2 & 51, APPLETO Manager. | solore me this | BATES. 1 P 49 Subseribed and s th day of February. CIHARLES, pia My commission expires March e this |17 J_CHRISTIE, Notary Public.