Evening Star Newspaper, March 31, 1926, Page 31

FINANCIAL. THE EV NG STAR, WASHINGT 1926. FINANCIAL. NESDAY, MARCH 31, A Fool and His Money. ' STATEMENT OF "HE CONDITION The fact that a stock certificate is printed in fancy green scrollwork is no proof that it is worth any more than ordinary wall paper. Thousands of people in Washingtori would have saved their money if they simply had Raked their banker to tell them what he knew of some supposedly wonder- ful investment . Central Savings | On Savings April 1st Bank Under Government Supervision 710 14th St., Near G FRANCIS M. SAVAGE, President KEAL ESTATE LOANS ANY AMOUNT APARTMENT HOUSES BUSINESS PROPERTY RESIDENCE LOANS AT LOW RATES FRED T. NESBIT INVESTMENT BLDG. Main 9392 STATEMENT OF THE CONDITION of the First Trust Money Maryland Insurance Company ON HAND of Baltimore, Maryland —Auvailable for Both |on n!fl’“" day of December );nu. ag re- Building Loans and | St ot o Hioh. w St o Completed Properties Reasonable Interest and Commission JAMES F. SHEA 643 Louisiana Ayve. N.W. The Carolina Insurance Company, of Wilmington, v of Docnmber, 1095, as 1o Distriet of Columbia Code, B0, 10 and August 18, OLDEST National Bank in the District of Columbia COMPLETELY EQUIPPED TRUST DEPT. SPECIAL DEPT. FOR LADIES For Payday Depositors’ Convenience —this bank will remain Open Until 5:30 P.M. Today and Tomerrow One Dollar will open a Savings Account Estadlished 1814 National %2 veer o Metropolitan Bank 15th St., Oppoute U. S. Treasury June Metropolitan Life Insurance Company OF NEW YORK FIRST MORTGAGE LOANS Capital stock . 1T Capital stock, pi i *506:006.00 500.000.00 Capital stock N . $500.000.00 Capital stock, paid up, in 500.000.00 fi o Ry Depositors Receive 20757 ll« al eatate 11300000 Premiums uncoliecte Interest due and acerued’ . All other assets . m.i: Apply to WEAVER BROS. Realtors 809 15th St. N.W. Main 9486 (market Money to Lonn Secured by fist deed of trust on real esta Hl Fre\alllnl mleren and ro?mnml e | Net unpaid claims Reserve as required Jowph I. Salaries, rents, expense " bonds BOXES bon Total assets .. s T A elley 420 Wash. i e Total assets .... _Bldg.. 9th & ¥ 14,635.85 . 600.000.00 $773,265.18 transacted during the PR Capital " sto Total Habilities . Charaoter of businey vear 1925—Fire, Amount of risk _ assumed during the year 10%5. .. .$102,312.871.00 Losses wustained during |m ‘otal liabilities 9 year 192| 208.368.¢ Total liablliti 19265 208.358.65 acted during the " & 344.733.80 e Insurance and ite allied during * th- ‘year Dranches ’ 1925 353.921 81 Amount of risk assumed HARRY F. 0GDEN. Vice' President. during the year 1 ) $143.043.380.00 v H, ROSS BARTON. Secretary Lo e First Mortgage Notes Subscribed and sworn ln he(l\rfi me this ready for immediate delivery 15th day o Februacy, 102 (84 OSEF Write, see, or phone Clarence L. 0’Donnell N. ury Public. M. M. Parker & Co. 1010 Vermont Ave. N.W. Main 8673 Net unpald_clai Reserve as req Reins n Salaries, rents, expense Capital .mok"““" Z Surplius COMPOUND INTEREST PAID ON SAVINGS Character 71st Annual Statement OF THE Mutual Fire Insurance Company of the District of Columbia N NO LOSS , ToAny Investor et “IN 53 YEARS THE F. H. SMITH CO. Bronx Co. Clerks Xo First Mortgage Bonds s No. 345: New $1515th St., N.W.,Washington, D.C. Sominiseton Agenta Kellog Building Telephone Main 165 ¥ . N expires March 30, | THE VALUE OF A MORTGAGE On the 31st day of December, ag reauired under the District of Columbis Code. PYs Promnt Action ! Teenaed gune 0. Te0e ama Angoc T8, DY First Mortgage Loans Lowest R Thomas J o SECOND TRUST LOANS I have money to loa Residence Propey the ownet with ASSETS LIABILITIE Gash in office. . Net unpaid_claim Rexerve as reatiired by in hecs, taxes, ete. t and Commission Since 1901 Our 6, 6, and 79, First Mortgages —have been sold without loss ik " Prompt Loans ments are solicited. | . at lowest current rates on . “improved real estate in the Allan E. Walker & Co., Inc. District of Columbia— 236 Southern Building homes, apartments, business ' L. PIERCE BOTELER. Secretary Main 2690 : Subscribed and sworn to before me this 27th dav of February properties, etc. THE (Seal) s B AL R NoTary Butbtic APPLICATIONS INVITED UnA Sgunders Cae Money at 5%% Founded 1887 WILLIAM A, H. CHURCH 3 ¥ Very Desirable Conditions 1133 K Street 4 JBAI:.ESSAT‘.JLPETI\'G Commercial Nat'l Bank || Granted - - ‘ C Bithoe BoTELeR 11th and G Streets Tyler & Rutherford i EDWIN C. BRANDENBURG FRANK A. JOHNSON Resources $17,000,000 ! Loan Correspondent R. GOLDEN DONALDSON, ESIDE! N Mutual Benefit Life Ins. Co. = — — Newark, N. J. 1018 Vermont Ave. Phone Main 475 COLUMBIA PERMANENT BUILDING ASSOCIATION PAYS 5% Salarics, rents, expe; All other Liabilitie Total Real estate morigages { first lien | 1 Stocks & bonde (market value) Interest due and accrued For centuries judicious in- vestors have preferred the First Mortgage on Real Estate. It combines definite earning power with fixed principal security. Our liabilities. . Total assets. .. s BON se such ¥ oceu easonable ‘WM. H. KYLE 1410 G St N.W Character of business tranacted durin Amount of risk assumed during. the the vear 1925—Firs Ineurance, M 0% wses sustained during the v ut 16,8 ney received during the v Expended during the scar 19 "W, A H. CHURCH. Presi Main 6 ‘| WE PAY MORE INTEREST ‘ ON SAVINGS ACCOUNTS Any Other National Bank in Washington Interest on DAILY Balances Come in and let us explain Over a CHARTERED BY CONGRESS, 1855 A PURELY MUTUAL, LOCAL COMPANY 6%2% FIRST MORTGAGES Quarter of a Century Without a INSURANCE AT ACTUAL COST—ASK FOR RATES—M. 1180 Than rFlRST MORTGAGES have the added value given them by the quarter-century reputa- tion of this firm for safe securi- ties, steadily productive. 50 and Up. MANAGERS: OFFICERS: W. A. H. CHURCH, President L. PIERCE BOTELER, Secretary C. KATTELMANN, Tr rer FRANKLIN BARRETT, As: 0 WM. REED MACGILL, Ass't Sec'y . Eos¢ In Amounts of $2 Office in Company’s Building Corner 13th Street and New York Avenue N.W. The Largest Insurers of Homes in the District Meeting Unusual Requirements HE test of our service to the Investor lies in our ability to place capital in an investment that is of unques- tionable character and one on which there is_a guaranteed an- nual return. We take pride in the fact that for 20 years no in- vestor of ours has ever lost a penny through ownership of eur First Mortgage Notes Secured by Real Estate in The Nation’s Capital Mortgage Investment Depertment 713, 715 and 717 14th Street B. F. SAUL CO. Virginia Public Main 2100 925 15th St. N.W. Service Company First Mortgage and Refunding 51%% Gold Bonds Due Feb. 1, 1946 The New York Life Insurance Co. Offers to Mah 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 9%2% ON APPROVED SECURITY Apply DALL H. HAGNER & COMP. MORTGAGE 'LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 This Company will property now owned by four electric power and light and gas companies serving 130 com- munities in Virginia. acquire the Annual Return 62 % A description of the properties and this issue will be sent upon request for circular A-62 Price 97 and interest To yield about 5.75% E.H. Rqflins & Sons Assets Over 416 Woodward Bldg.,Washington || ! $700’000 Il York Philadelphia 733 12th Street N.W. ¥ Savings Account at one of these Apartments Business Properties Office Buildings Two Convenient Locations 509 Seventh St. N.W. 1333 G Street N.W. Start today! Select the most convenient location and become acquainted with pros- perity and our “Utmost Service.” Second National Bank “The Bank of Utmost Service” 509 Seventh Street NW. 1333 G Street NW. Denver San Fi riscd a . i e Melvin C. Hazen, President I " Floyd E. Davis, Treasurer Clarence 1. Gessford, Secretary Main 2345 Public Service Corporation ‘ of New Jersey Dividend No. 75 on Commeon Stock Dividend No. 29 on 8% Cumulative Preferred Stock Dividend No. 13 on 7% Cumulative Preferred Stook Dividend No. 2 on 6% Cumuletive Preferred Stock The Board of Directors of Public Service Con- poration of New Jersey has de-lared dividends st the rate o 87, per anvum on the $% Cumi- Jative Preferred Stock, being $1.00 the rateof 7% Preferred ‘v'v(,krmg $: v< per shag of 6% per annum on the 6% Cumuiative Prefar- 19 Seock. being $1 70 per shars, and 31 share on he non ’::z! quarter end h 31, 6"-‘ Divt- e o e ron6. are payable ) 1. T. W. VanMiddleswerth, Treamarer We Write Insurance in ALL Its Branches, Representing Leading Companies Automobile, Fire, Casualty, Plate Glass, Accident and Health, Boiler, Electrical Machinery, All Risk Jewelry, Transit, Explosion, Tornado, Riot and Civil Commetien, Life 64% Time Proven Real Estate Mortgages STATEMENT OF THE CONDITION Of the STATEMENT OF THE CONDITION of the STATEMENT OF THE CONDITION STATEMENT QF THE CONDITION 01 the Public Service Electric A R T TR B ) and Gas Company Dividend No. 7 on 7% Cumulative Preferred Stock Dividend No. 5 on 6% Cumulative Preferred Steck. The Board of Directors of Public Service Flgo- tric and Gas Company has deslared the regular quarterly dividend onthe 7 and 6 Preferred Tk of that Company. Dividends are payable March 31, 1926 te stockholders of record at the close of business March 5, 1936 T.W. Van Middlesworth, Treamrer SAFE BONDS for Everybody MITH Bonds are safe First Mortgage Bonds—sound in- vestments for the man or woman who saves $10 or more a month or for the big investor who has $10,000 or more to invest at one time. Our current offerings combine the liberal yield of 77, with the pro- tection of safeguards that have resulted in our record of no loss to any investor in 53 years. Send your name and address on the form Below for our booklets, “Fifty-three Years of Proven Safety” and “How to Build an Independent Income.” No Lossto Any Investor in 53 Years Tuk E H. SMITH Co. Founded 1873 $MITH BUILDING, Washington. - “ATbany, Boston: Mirsieay ew York, Philadel: phia, Pll"\)dl‘) h. 3 — Newark Fire lm\lrmce Co. of Newark, On the 31st day of nnomber 16 Quired under the District of Columbia Code. amended June 30, 1902, and August 18, 011, i tock $1.4 mm 000.00 CADIAL ELGK, paid vip. in cadh 1.000:000.00 Cash in office Cash in bank Real cstate alu Bills recefvabie Premiums uncojiec hands of agents . corurd paid losses, etc. Total assets 115.800.00 1068 85 | Capital st 1,000:000.00 All_other Tiabiiities® Reserve “for a0 409109 nF .. 052 40 Surplus’ . 18183 Total Nabilities business transacted during the Character 28 PRie "Ratomobile and Miscel- laneous Tnsurance. Amount of risk aseumed Quring the year 1925 . ssea sustained during the .$1,051,581,701.00 1.885.011.17 4.058.475.22 3,410.628.94 Mdotary Bubiic. Union Assurance Society, Ltd,, of London, England On the 31st day of December. 1925. as re- *| auired under the District of Columbia Code. amended June 30, 1902, and August 18, ASSET! Cash in bank Stocks _and value) Premiums hands of Interest. due and accrite Reinsuran Tecoverable " on paid losses ... $266,238.09 2,627,576.00 361.152.18 28.376.00 ‘bonds 8.597.23 Total assets .201.988.60 LIABILITTES. Net unpaid claims Reverveas required by i %, rentn. expenses, taxe 53.500.00 Commisaions, Brok 1.250.00 Wisconsin " special 570.00 S 737.454.49 nses of investi- adjustment of Total ‘liabilities . Character_of business transacted during the year 1925—Fire, Motor Vehicles, Inllnd and_Cyclope. Hail.” Epi Leakage. Riot. Civil Commotion an plasion. ‘Earthquake, Flood. Amount of risk asgimed dur, \ ing the year 19 .$613,141!807.00 Losses guetained duri 192 1,205.549.14 Money 2.522.853.80 xpendor pondat “dp. . 2.383.068.58 ‘WHITNEY PALACHE. 2 U.S. Manager. Subscribed and sworn to before me this 15th day of February, 1920, (Seal,) 3. L_TOOM Nour!Pnb‘ne Bronx Co. No. 14: N. Y. Co. No. 167. received 'during lhs Randall H. Hagner & Company Has the pleasure to announce that this firm has been appoint- ed the general ageni of the ®cean Accident and Guarantee Corporation Limited OF LONDON, !NGLANDV Beginning April 1, 1926 The Ocean Accident and Guar- antee Corporation, Limited, is maintaining the same service department as heretofore. General Liability All Casualty Lines Fidelity and Surety Bonds ~ Are Written Star Insurance Co. of America of New York On the 31st day of December. 1925. as re- auired under the District of Columbia Code, amended June 30. 1902, and August’ 18, Capital stock . +$1.000.000.00 Capital stock, paid up, in' cash 1:000,000.00 Caal in bank . Stocke | and value Bills rebeivabis Pr:‘mh&m. uncolie . $444.971.75 el 3.817.950.00 249446 473.817.52 40.137.59 erable on id Josses 0.67 Total aseets . .$4,846.801.99 Net, unpaid_claime . a8 required by Taw 10207 1,000.000.00 1.161.264.91 ..$4,846,801.99 bi Capital stock . Surplus over all Total liabilities ... Character of business transacted during the Jear 1026—Fire insurance, Amount of risk ‘asimed, during th "} 5. .$1,088,805.107.00 1,202.750.92 Year 1025 2.428,818.23 P!enrflad durire ' ite ‘year ¥ 405,554 20 2 HAM Vice President. L PURDIN, Secretar bacrived 4nd swori 1 before me um 17th day of February, 1926. (Seal.) LOUIS A. Q\l«ml Co. Rex. N5 Ree. No: 75;1 pires March 30, 1027 otary N Y. Gamin o S United States Brnnch of the Oo;n.ncAcudent and Guar- an orporation, Limit of One Park Avenue Blll;:-' ing, New York N. On the 31st day of Decemi 21 quired under the District of Colu?ngm ‘Code. imended June 30. 1903, and August 18, Capital deposit .. $750.000.00 Cash in hani Real estate . Real estato lien) . (market ; 16:876.340.75 2.911,528.38 mfihv 79 260.554.18 hands of agents Interest due and a All other assets . Total assets -$21,168.798.70 1 $7.919.000.00 'Serve as required by 29 7 1!'3!1!!‘ rvnl bexll;;ll" getinazas Comaxse. ete . 39890400 17 Capit 9 | Vohu Al Diher Surplus . Chsumr of business trang T938—Casualty, Fidete ooa L o 3747118672 . 15.570,276.31 . 15.801 2 5.0 \'Bs .98 d Subscribed_and sworniy B'::ofié e this mn day of Fobry 026, Yo HNF'l:rc’KPE;‘R Kings Co No. 134 TP “l{m a4 cerfieate m“o""’ unty. No. 0146: Regisers Office, New Yo New ex';fi- nnu %n‘v) Mfl )(y commis: RANDALL H. HAGNER & COMPANY . Charles E. Hagner, Manager Insurance Department Main 9700 1321 Conn. Ave. - URING the past thirty-six years, the first mortgage notes purchased by investors from this Company have proven their sterling invest- ment qualities of safety, profit and convenience. The presefit offerings. maintain the' same high standards. They are SAFE, because the mortgages are not only abun- dantly secured by the property, but are the direct obligations of financially responsible bor- rowers.. PROFITABLE, because the present mortgage notes pay 6)2% interest. ONVENIENT, because the interest checks are are promptly received by the investor or kix bank on the day due. H. L. RusT COMPANY 912 15th Street N.W.