Evening Star Newspaper, March 25, 1926, Page 31

S2ad FINANCIAL NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office POULTRY SLOVER N CENTER ARKET - Meat D‘emand SIight—Pork‘; Continues High—Egg Price Unchanged. A continued draggy condition of the, meat market was reported this morn- . Pork prices continue high, deal. ars report, hut prices of other s ara reporied hy dealers at prie consider reasonable. There s much demand for omeats. howaver, and dealers hardl ~xnact an improvement untll Gond Fri day, when dealers will do their buying | for the Easter trade. A decrease in the price of fanls was the only substantial change in prices reported this morning, a 2-cent drop being registered. Other poultry, wutier and egg prices remained nne! zed. The egg mar ket was reported a trifie stronger however. probably due fo the in creased demand for dvaing purposes. Wholesale Prices Today. Rutier—Fancy prints, 49 tub, 47a48: stor cked, 30 Bggs -~ Average receipts, 27; candled. | 28229 hennery Poultry., alive Spring chickens. Laghorns, 28 ducks. Kets, voung. M Turkeys, I8 10ats dAneks. vann, m they s 40ads: 30a31 . 1520 Dresse | chickens, | . top, fowls, Al 40100 Live stock dium, 11a1? and medium. light. choice. 13 Meats —Beef. lamh, 25a28: ven 2°a24: dressed pork, heavy, 19: me dium, 1 ' 32a34 #houlder: 5 fresh hams. 30a3 Fruit and Vegetable Review. | < market report on fruits and | es (complled by the Market | vice Burean of Agri Feénomics) savs. Apples—Supplies moderate: demand moderate. market stead: Pennsylvania Romes, 5508600 A 21, inches, 5.0085.50 ginia and Pennsylvanin Stayman, A inches, 4.5005.00: A 2% Inches. 30: few higher; A 21, inches; 3.50a A 21, and 2% inch Vorks. 5.00 £3.75: mostly around 5.50; hoxes. Wash Inzion. medium to large siz fancy Delicious, 1.00a4.25. te fancy Winesape and Tellow New- | 2.753.00; mostly 3.00; extra Stavmans, 2.75: fancy Romer, 2.30: hushel haskets. New York, A 21g Inch Baldwins, mostly 1.50. Asparagus — Supplies moderate Ademand moderate: market steady. California, dozen hunch crates, very large s 3 0: large slze. 5.50n 14 me hogs. heavy Calve: thin 131, 1% haice, TAE 8008 6.5 5‘“0. medium size mostly, 5.50: small sive. ) abhage—Supplies liveral: demand Nmited: market fairly sieady: new stock: Florlda, 113-bushel hampers, painted and round type. 2.40a2.65 (“alery—Supplies liberal: demand moderate: market slightly weaker Flarida. 10-inch rrates, 3-f dazen. | 2.7524.00. washed. precooled, 4.5, { Lettuce Market Firm. | Lottuce—Supplies limited: Aemand | moderate: market firm: California. Tmperial Valley. crates iceharg tvpe. | 5 dozen, 4.50: 6 dozen..mostly 3.00 Onfons—supplies moderate: mand_ moderate: market New York, 100-pound sacke, 1. R. No. 1, mostly Michigan and Mas 100-pound =acks, vellows, . § No. 1, mostiv 3.75. Potatoes—Suppliss liberal: de- moderate: market unsettled stronger téndency: Michigan, 160- pound sacks rurals, U, & No. 1. mostly : New Yor pound sacke. roind whites, 1 mostly Maine, 1 obhlers, 17 pound No. L) 8pinach — Supplies mand moderate, Texas, bhushel has 1.23a1.35: Virginia cloth-top veneer ordinary Aualit Iina. cloth-top v type, few sale: Caulifiower — Supplies mand mode; fornia. crates, condition low as 1.50. Tomatoes — Supplies moderate: de- mand moderate, market steady; Mexi- co, sixes. ripes, wrapped, choice count. repacked, 8.00a9.00; lug boxes, rip wrapped. originals. 5.00a5.50; some poor - condition low As 300 (uba, | thres.pan cartons. ripes, wrapped. | moderate. de. market steady: Savoy type. Savoy tvpe, South Caro At Savoy liber 18, market stead: ; some ordinary choice count, 2.50a3.00, according to eondition. Carrate - Supplies moderate. :m.mv moderate, market steady bushel baskets, 1.75a22.00; m String Reans in Market. Baets—Supplies light: demand mod erate, market steady. Texas, hushal Paskets, mostly around 2 25. Peas—Supplies light: demand mod erate, market firm. Mexico, erates, 1.00a7.50: California, crates, fair col or. 5.50a6.00 Peppers—Supplies very light: de mand moderate. market firm: Cuba. tes, faney, 7.50af.00, cholce, £.00a Neht: firm: Cuba. EgRplant—Supplies very mand moderate. market pepper cratez, 8.00a8.50, Squash—Supplies light: demand mod- erate. market steady: Florida. pepper crates, £.0086.50. Strawberries—Supplies light. _de- mand moderate, market steady. Flor- ida, pony refrigerators, best. mostly 50: - tair to ordinary quality, 30a45 per quart. String beans—Supplies light; _de- nd moderate. market steady; Flor- ida. 7% hushel hampers, green, 7.00a £.00; wax, mostly 6.00. . | Are You a Sucker? | Too many people put their money | in Aay dreams and wake np hroke. Never put your name on the dotted line until you have inquired of soms o7’ In your bank what he knows about soma stock fssue that is offered to vou privately. D. L. & W. Income Drops. NEW YORK, March 25 (#).—Feb. ruary net operating income of the Delaware, Lackawanna & Western Rallroad dropped to $462.480, com- pared with $381,767 in February last vear. Gross revenues also declined tn $5,423,099 from $6.675 . Net for the two months this yea s $621,281, against $1.820,994 a year ago. BUTTER PRICE UP. v+ CHICAGO. March 25 () .—Butter higher: receipts, 5.480 tubs: creamery extras, 40 standards. 401; extra firsts. 3923915 firsts, 38a3815: seconds. 37a | 371. Eggs higher: receipts, 10,817 cases; firsts, 281y; ordinary firsts, 27; storage pack extras, 30 firsts, 2915, TR T Officers Ordered Here. Capt. George C. Young, Medical Ad- ministrative Corps, at Fort Sam Houston, Tex., and Capt. Arnold W, Ellis, Quartermaster Corps, at Camp Holabird, Md., have been ordered to this eity for dut “Sniper Bandit" to Die. OMAHA. br., March 25 (#).— Frank Carter, terday was sentenced to_be electro- cuted at the Nebraska Penitentiary Tuly 8 for the murder of Dr. A. D, Searles. 1 hundyeds de- | & | Wash! Rey. RL W AM ¥F. HEFFERNAN. NEW YORK. March 25.—The curb list today was subjected 1o another wave of selling which earried pric down helow the previous closing level In pretty much the entire list. The selling was not as pronounced s it had heen on the day preceding, hut it was sufcient 10 shake out weak holdings and to intimidate those who have felt for some time that the decline had gone fy Declaration of an iInitial monthly dividend of 20 cents a share by direo- tors of American Home Products passed unnoticed as far as the mar- NEW YORK, Mareh 25.—Following 1= an oficial st of bonds and stocks traded in on the New York Curb Mar- ket todav: in thnysan =953 99352 955 2323352 e >9=3-33! & an Am Pet A0 Ohto E s A Phil %A L $33332572235333233! 23c03T 2RI : Fr ca >3- 50003: 33323322258 3333332y e 53333 s2S223> FOREIGN NONDs. F rr2TDOOED o SExoresess 5 cat Con Tambure M Bk v 17 Westph' Un Saleain STANDARD OIL TS8UES. units 500 Anclo-Am Ol 181y 181 100 Duckeve P L. 383 BAW 4700 Contin O new. % 21 430 Gal Biz Oil s 231 Adto Tambia ON i S0, 10700 Humble OIl 1700 Humb O&R n Wi N0 TP Lo W0 Tmp 061 Can n 00 Tnier, Pet C LAd. Nat | Traneit Soron = E38EATRISNIEII O Now Vork. 103 9 oo, A0 3 O Ohio pfd 2000 Vacuum 0il Sales in INDEPENDENT OIL STOCKS A% AN iw s SEE LB sz e T Am Contr Oilfide T Am Maraeaibo. Washington Stock Exchange SALES. Cavital Traction Se—3500 at 100 Washingtor a Ba—S500 at 100, arhingion s 313—$500 at 103%. b o ht 18 1oan_ ! tomac Blectrie Pow. pfd.—3 s | ;fim',:me Floctrie Dow. pfd. Int. Ct£— | Elée 4. —8 At 80 . R L Continanial Trust 30’3y fan. Fmon Trom Eoh g aat “fon MonAtepa—10 2t &2 jonal Mtge. & Invast. 6fd.—50 at R AFTER CALL. Contnental Trust .20 at 100. 20 at ) Monsv—Call 10ans. 5 And A par cant. Bid and Asked Prices. BONDS. PUBLIC UTILITIES, 0 Tel. iga. 40 Amenaan T § TR Am, Tel. & Tol. etl. tr. Ba.. 1 Ana a & Potomac fl‘ . ’II ostia_& Pot. kUM bl f ?g‘ Telephone Telep! flfl& fanital Traction tv and Suburban 1 1 0 o 0 o 0 0 1 1 [l as) it ] nington " 091, Wathingion Gas 10814 ashin, : 4 Wash. Rws. & Elec. dn. 813 T L R MISCELLANEOUS. ?-h-cly.l.":'::‘ffllxk”fl'd SR THE T < STOCKS. . PUBLIC UTILITY mer. el & Teles. . SR SE S f&'.“fi. Fow pid ’ti vtd. NATIONAL BANK. Nattonal Capital.. ... gelumbu G 0t o ommercial ... Pinct, & visensnios ank of Washington. ... TRUST COMPANY. Ty \’lfll & Trast. Tinion Trust. Washinkton Commerce Saving ast_Washinton vings & & 1] Y l;l": 1. . 20/ Washington Meehanica" B FIRE INSURANCE. American ... .. 2 Corcoran ... Rionm "vaton. 02000 TITLE INSURANCE. C hia Title Feal Ebtate 204 'MISCELLANEOOS. | Yer! ‘sniper handit.” yes. | Me: ket tor the stock was concerned. In- terest centered in the trading for the. first Hme in the Herman-Nelson Cor- poratjon capital stock of $5 par value. First sales occurred at 25%. followed by a fractional advance In the after among ofl shares was the heavy demand at times for Standard of New York. Strength in this stock accompanied a similar demand for General Petroleum on the Stock Bxchange. Buying in both in- stances appeéared to be in anticipa- tion of a favorable announcement for stockholds of both companier con- cerning merger negotiations, which now are understood to be completed. V“:I;" Il %‘ Zaelan. Per. i Wilkor 0 & 6 1 INDUSTR! o naw Alebineadls" vy UuN{ln"‘n. Sob } N Bt | 1 Car Elhl s, 0 Cen Ar‘"" Sux § Contret Bine €k Centri torn 2 ERe Nip R ongress Cizar uh T vt urtish Ae: v Paw Corp . . nkre Pub Serv ol T r A heptare A M 7 Eresnman RS n Bak A on Rak iden Tca Créam... A Guletie 8K SGAs L P &Ry . & Glen Alden Coal i doodrepr pieg T 13 Heyden Chem elim| 1d.". foro f i R e 3 S L TR I S T P e - SRR~ 125026 st (343 13 D S5 S D 3 S & ¥ . 2522 e oo R sl DD P S Dio_isismioieisine 12— i30me iSamatsm s i T 3 B3 D B IO B DR S H IS DDBAI S B NI HDD IS eV R DD EEERRS o R a3 DS RS B S e R D Bty = & ! Y B e F FES & shaoms ER SR St R e, ew“ )‘lh"'n) 4 a8 9!“7 13% MINING STOCKS. 1 04 2. > 3 FEE T 4 ————— ATTITUDE REVERSED. NEW YORK, March 25 (#).—"With A substantially larger crop, returns from cotton manufacturers through- out the world show no more American cotton going over the spindles in the current season than six moths ago,” says the National Bank of Commerce. ‘Foreign importers have so reversed their attitude toward American cot. ton since the first large wave of tak- ings that stocks abroad at the end of .{;:asu'l‘ry wers below those of January BIG STEEL ORDERS. NEW YORK, March 25 (#).—Illi- nois Steel and Tennessee Coal, lron and Railroad companies, subsidiaries of United States Stee! ve received orders for & total of 375,000 tie plates from the Missour], Kansas-Texas. e ——— Ordered to New Post. Lieut. Col. Perrin L. Smith of the office of the chiet of finance. War De- has heen ordersd te Gaw N, Xofor duty, erpors COTTONISHIGHER ON WEATHER NEWS Relatively Steady Cables Also Aid Price—Demand Is Active. Associated Pross. YORK, March opened stead: v, 18.66: July, 18.11; October, 17.47; December, Janua 17.18. Leas favorable weather reporta and relatively steady cables seemed responsible for nciive demand al the opening. First prices re stendy at’an advance of K o 11 points. Active months sold 15 0 iR points net higher arter the call, May selling up to 18.75 and October fo! 17.55 on coverings by recent sellers, New Orleans and local buying. Liverpool also hought cotton hers but after the first spurt of demand had been supplied the volume of business tapered off and prices show- ed reactions of a few points from the best at the end of the first hour The outlook for unsettled weather, with showers or rains and lower te peratures, in the South led to appre hensians of delayed farm work New Orleans Quotation NEW ORL R, March 2 Cotton Futures opened March. 18.20; May. 17.93: Jnly. “tober, 1 December, 18.9 The was firm. partly due to steady Liverpool cables, but main ly due to the rainy weather in the| belt. First trades showed gaine of 11 fo 13 points and priess continued to advance after the eall on short coverings until May traded up o 18,05, July to 17.64 and Octoher 16.94, or 19 ta 21 points above terday’s close. On the other hand, March opened 2 points down on i reported issue of final Macca notice today being the last notice dav of that month, it going out at noon. March traded as low as 1820, or 12 points down. After the firat spert of | huving subsided the market for active monthe ensed off 5 o 6 poinis. (). —Cot steady. -~ Cotton futures el | NEW YORK. Mor ton futures 11:45 a.m N May. 18.642 July, 18.13: Octobe: December, 17.15: January, 17. W ORLEANS, March 25 (®).- Cotton futnres noon bids steady. March. 17.82; May, 17.02: July. 17.34 October, 16.83; December, 16.86. OAKES ESTATE $231,000. $180,000 Securities and $50.000 Cash Listed by Her Daughter. Mrs. Maria R died | January 16, left an estate at 31,000, according to the petition of her dmughter. Anna deB. Ballentine for letters of administration. —Mrx Oakes had made no will Besides the daughter she fs survived hv grandson. Malcolm Oakes of Port rhester. Y. and a granddaughtey Muriel Oakeés of New York City. Tha sstate consists of securities worth $180,000, cash in hank 830000 and household affects of $1.500. Atfor- nev Henrv P. Blair represents the estate. . PLAN STOCK ASSESSMENT. NEW YORK. March 25 (@).— sessment of $7 a share on the common stock of American Sumatra Tobacco Co., now In receivership. which would bring in about $1.014,000 cash, is pro vided for In the plan of reorzaniza tion ced upon by various commit tees representing note holders, credi tors and preferred and common stock holde Detaila will he submitted to stockholders at a meating tomorrow. BANK FIGURES. ! DrapAteh to The Star W YORK. March bank clearings. York bank balances. Federal 2,000,000, 000,000, Onkes. who valned 43 - New £337.000,000, £100.- | Reserve | Boston York New 000,000, Bank bank clearing! OTIS CO. PROFITS GAIN. NEW YORK. March ‘The Otis Elevator Co. earned $16.81 a share in 1925 on its $17,012,850 common stock of $50 par valne, compared with §11.69 18,800 common stock i | . $73, the year LOAN FOR AUSTRIAN STATE. The State of Styria Anstria, has contracted with an American bank- ing fiem for a 20-vear loan of $5.000.. 000 at 71z per cent, the Commeree De. partment was informed vesterday in | a cablegram from Vienna. Abeut $900.000 of the loan will he used tn develop Austrian dairies. POTATO MARKET FIRM. | CHICAGO. March 25 (#).—Potatoes. receipts. 80 cars: total United States shipment, 600 cars. 14 Canadian: trad- ing active, market firm: Wisconsin sacked round whites, 4.30a4.40. fancy, shade higher; Minnesota sacked round whites, 1.1584.35: Idaho sacked rus- sets, 4.3024.50; special brands, 4.85. e New;"l'rade Agreement. LISBON, Portugal. March 25 (#).-- A new commercial agreement, which goes into.force April 1 between Ger- many and Portugal and her colonies, was officiallv gazetted today. Tt pro- vides reciprocal most.favored nation treatment and permits the free en- trance of Portuguese wines, into Ger. many. TSI New York Dairy Price. NEW YORK, March 25 (®.—Butter —~Steady: receipts, 13,241 tubs: cream ery, firsts (85 to 91 score), 391a41; packing stock, current make, No. Z, 35. Eggs—Firm; receipts, 38,874 cases; Pacific Coast whites, extras, 39a 40. Sheese—Easy: receipts, 134,838 pounds. State, whole milk, flats, fresh, fancy to fancy specials, 22a22%;; do. average run, 21a21%. (& yvear ago. Domestic retall sales total- -| ety for heating is promised by De- | cleaned-up { smoke during their | {largely . THURSDAY. MARCH 2! COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY DETROIT, March 25.—Retall sales of cars and trucks reported by Dodge dealers the first half of March more than kept pace with the company's record production, which is now run- ning nearly 50 per cent over that of ing 14,138 for the first half of March exceeded those of the first half of February by 32 per cent. MINNEAPOLIS.—A _citizens'-owned bus line between St. Paul and Minse- apolis to serve the St. Anthony Hill district of St. Paul. 0 be operated because residents of the eity decided the fare charged hy the Twin City ‘Tranait Busx Line was (0o high. SAN FRANCISCO.—The first cargo of new potatoes grown in Houthern California_this season, and packed in Los Angeles, hrought 8% to 10 cents & pound here, PITTSBURGH. -The rapld the rivers Is responsible for local ateel companies starting large tows South within the past few days, Car- negie Steel has 10 heavily loaded barges and 12 empties en route to the South and Southwest. Jones and Laughlin probably will start a tow down the river within the next few days. vise of BATON ROUGE.-—~Delivery of nat nral gas from the Monroe field to this cembar 31. The pipe line probably will he extended to New Orleans. PORTLAND, Oreg.—Recause of the condition ot the canned salmon market men are demanding mora money for raw fish, but this s heing vigorously opposed hy cannes PHILADELPHIA —Cigar turars eay the populsrity of bus trans. portation ia alding their salea xince riders of the top deck can and dn journeys. SPRINGFIELD, IL—Illinols farm- ers intend to plant the same acrodge of eorn that they planted last vear. The Spring wheat acreage will be in- reascd 250 per cent in Miinois, due to the curtailment in Winter Acrenge from excessively wet condl tions. ~Retail in loeal stores, wholagals husiness, ai- though not s gond as 1 was, is.up 1o normal. ATLANTA aules continue NEW ORLEANS — Shoe wholesalers roport that husinese has bean Improv ing steadily and that March sales are the larwest in any yaar for a rime. i 11926 OPENS BRIGHT ERA | FOR STEEL INDUSTRY First Quarter of Century Shows Un- exampled Development in In- ternational Iron Trade. B the Acsociated P NEW YORK. March 25 The iron and steel industry of the warld clossd. with 1925, a quartér céntury of unax ampled development in organization. | mase production and expansion of out the National Bank of Com. | merce, hut the period. including. as it | put. did. the war and post-war vears of disturbance. profoundly affected the international industry and ecreated problems of the greatest difficuity. “The wecond quarter of the century opens with marked promise of stabili- tion and the gradual veturn of soundness and prosperity to the i« ternational trade in steel.”" the banx adds. Kconomic rehabilitation in many countries marks the beginning of A greater capacity to consume steej The ultimate effect will be the em- plovment of a larger portion of the world’s iron and «tes] producine capacity than has been the case for some vears past. ““Ar'the situation now sands produc- tion and consumption of steel are still so far short of enlarged capacity as to make A condition 6f general pro< department Iang | Columbia River fisher. | manufac- | | perity among All produders difieult 1o’ atrain.” PLAN SECURITY ISSUE. India. Tire and Rubber to Float $800,000 in Stock Shortly. AKRON. Ohio. March 25 (#).—India Tire and Rubber stockholders will be notified tomorrow of the company's intention to issus $800,000 worth of additional securities, The issue will be part of India’s new- Iy authorized pital structurs, con sisting of $2.500,000 in preferred stoek having a par value of $100 and 125.600 shares of no par value common, re- pilacing the present $100 sharas. Stockholders will & permitted to buy two shares of the new common with each share of preferred. A half mil- lion preferred will be sold. Tha no par eommon will he offerad at $30, . Wool Market Dull. Spectal Dispateh o The Star. BOSTON, March 25.—The raw wool market wag dull today, though senti- ment was a little bettér. reflecting strength in foreign primary markets. Dekfnes of Ohio quality moved around 4% cents in tha grease, rep- resenting the low side of recent quo- tations. Fine territory wool still is held art $1.15 to $1.18 clean basis, Half and quarters bloods are soméwhat hetter nquiry. | Firstr 'l;rusi lfioney 1926 RECORDS EXCEEDED. Baltimore Branch of Richmond Federal Reserve Bank Grows. | BALTIMORE. March 25.—All pre- | vious records were exceeded in the! physicai volume of busineas, as well as the total value of transactions. con ducted during 1925 through the Baltl- more branch of the Federal Reserve Bank of Richmond. This applies particularly to the volume and number of checks handled and transfess of funds affected through the branch during 1925. The dally average amount of paper under discount—regarded as the best indicator of the actual credit extended | 10 member banks—-was highest in Sep- tember and loweat in February. Sl i February nel income of Otiz Steel | amounting fo 96, after all| charges, hut before depreclation. | brought the fotal for the firsl two | months this vear to about $600,000. —ee. CONSTRUCTION 6% LOANS FRED T. NESBIT Investment Bldg. Lo ON HAND —Available for Both Building Loans and Completed Properties Reasonable Interest and Commission JAMES F. SHEA 643 Louisiana Ave. N.W. NO LOSS 7% . ToAny Investor IN 53 YEARS THE F. H. SMITH CO. Pirst Mortgete Bond: 15 15¢h 8t., N.W.,Washington, D.C.. "WANTED' - by a large Baltimore Bank A man to solicit Trust busi- ness. Previous experience in Trust Department work es- sential. Please give full par- ticulars, stating salary desired. Address Box No. 368-A. B0 T T . Before - Your Will Is Made fEstates often remain in court for years, because of ambiguous wording or ill-advised provisions. "YFor the protection of our family you should have competént advice hefore yvour will is made. YOUR TRUST DEPT. is ready to serve vou. 3% on Savings National Metropolitan s Bank Years Years (all:] O1d Capital, Surplus & Undivided Profits, Over $1,800,000.00 15th St., opp. U. S. Treasury First Mortgage Notes ARE The Ideal Investment FOR Salary Earners 1. Dry Goods Steady. Special Dispatch to The Star. NEW YORK, March 25.—Cotton goods markets were slow but steady again today. Print cloths stood 7% for #4x60s and 934 for 68x72s. Raw silks were quiet and unchanged in price. FEOAT o Rubber Unchanged. Special Dighatch to The Star, NEW YORK, March 25—Crude rubber, standard grade, was quoted at 59 at noon today. This compares with 50 yesterday, 52% a month age ar ago. and 43% a SRt FEDERAL LAND BANK BONDS. (Quoted br Alex. Brown & So: 5 I ESEE SEREET il o Our Partial Payment Plan enables the pur- chase of a sound investment and takes only a few dollars of your salary s 2. 3. the loan. 4. teed amount, Many people find that this is their first step toward Financial Independence. Each Note Is secured by Washington Real Estate which is worth double the amount of Your annual return is a dependable, guaran- 62 % Your Principal Is Soundly Invested Mortgage Investment Department Our 6, 6!, and 79, have: been sold without to an investor. ments are solicited. Allan E. Walker & Co., Inc. FINANCYAL. Money to Loan Since 1901 Business Capital A wuccessful financial represent: tive, experienced in r%nn capital. desires connection as IcJ director with corporation needing additional! o capital. A 10y siness 7Y e i Edar Bieh-s73ds oromotion. Address Box 317-A, Star Office e Money to Loan Secred by first deed of trust on real sstate. cotim! st MONEY TO LOAN Current Rates Prompt Reply CHAS. W. MORRIS & SON Evans Bldg. Main 307 '} | First Mortgages losn Your commit- 236 Southern Building Main 2690 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 5%% ON APPROVED SECURITY Apply , DALL H. HAGNER & COMP, MORTGAGE LOAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Apartments Houses Bi Office Buildings iness Properties An Extra Income OULDN'T vou like to have an extra income— one that will continue after véur present income has ceased? Gaod investments are the huild- ing-stonee of a second income—and on a wise choice of securities de- pends vour ultimate wealth. First Mortgage Notes, purchased through Swartzell, Rheem and Henety Company. are sound. in- come-producing securities. Their vield is 614 7. Swartzell.Rheem & Hensey Co., Mortgage 72715k Street, LV, Washinglon.DC. 6%% Fifty-six tn an 6*% vears withaut [nss investor, APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Leecated in the Distriet of Columbia and adjecent Subusbe in Montgemery Ceunty, Mé o SApply re H. L. RUST COMPANY LOAN CORRESPONDENT ®se PRUDENTIAL INSURANCE COMPANY ¢ AMERICA 12 15th Street N. W. Main 6389 REGARDLESS OF TRADE CONDITIONS Industrial “changes. market variations, fluctuation of supply and demand—all the various factors that influence the specu- lative security—in no way affect our Over a < 6%2% FIRST MORTGAGES Quarter of a Century Their absolute principal pro- tection and interest regularity are assured by the steady value of sound real estate, constantly needed and wanted. Without a Loss B. F. SAUL CO. Main 2100 925 15th St. N.W.