Evening Star Newspaper, May 13, 1926, Page 31

THE EVENING STAR, WASHINGT |. 5. EXPORTS NEARLY NEW YORK CURB MARKET | ™™ Received by PrE§WIn DlredBto The Star Office . EQUAL TO IMPORTS $10.000.000 Difference in April Brings Unfavorable 1926 Bal- ance to $135,000,000. D. ©. THURSDAY, MAY, 13, 1926. FINANCIAL WOULD ISSUE BONDS. ! BANKERS ELECT LITTLE. Annapolis and Chesapeake Bay|St. Louis Man Chosén Executive Power Co. Seeks Permission. Secretary of Association. Special Dispatch o The Star. WHITE SULPHUR SPRINGS, W BALTIMORE, May 13.—Authority | May 13 UR.—Alden H. Little was chosen execu to issue $20000 of first morigage S . O TN Cetment Bankers bonds was asked in a petition filed| yoeoeiation of America yesterday by with the Public Service Commission | the hoard of governors. | vesterday by the Annapolis and Chesa. | In a letter to the bankers. Secre. g tary Mellon pointed to passage of | peake Bay Power Co., distributors of | 1Aty Aellon polnted fo paseage of electrie current in Annapolis and Vi-!forejzn nations in funding their cinity. 5 (American debts, as warranting his The commission fixed next Wednes: | via\l that “we ean look forward with day as the date for a publlc hearing ‘confidence to the future in the heljef on’ the application. imm our present prosperity rests on FINANCIA BETTER WEATHER DEPRESSES COTION Trading Moderately Active. Foreign Political News Also Factor. YEARS of Proven Safety Current Offerings Pay 77, THE F. H. SMITH CoO. First Mortgage Bonds 15 15th St., N.W..Washingten, D.C.. CONSTRUCTION 6% LOANS FRED T. NESBIT Investment Bldg. M. 9397 BY WILLIAM F. HEFFERNAN. Special Dispatch 10 The Star. W YORK, May 13.-—On small trading volume prices on the Curb Exchanze today fluctuated uncer- tainly, with most of the important { changes on the side of lower prices. Pools back of particular stocks were discouraged over failure of the out- side public to show signs of coming in on the buying side with the mar- ket in its present state and after ‘ah\lvnhllll efforts to bring about higher prices. Oil shares as a group did nothinz, hut one or two individual issues at- attention. Heavy selling itself felt In all classes of :nal Ol inciuding 7 per which were down almost | | & point to 29: the old preferrad stock | off 3 points to 0, and the common | point lower at one time. Earnings | {of the company for the past year| have not heen as isfactory as an- ticipated, and this appeared to be | the hasis for the liquidation today. | The oil. group lost one of u‘T prominent speclalties when Lago Oil, and Transport was transferred to trading on the Stock Exchange. After. closing Wednesday at 19 it was heavily dealt in in that market at s prics appreciation of more than & Rait| Fixports of the Unifed Staics came | v tto P ! Dt Amiarioan. anaresicin|dlover [0 SQUALlAE Hmpnrta) BuFng | this market. however. were slightly e et T oars Raes N o Amer | SUed today hy the Commerce Depart. 2 "half point or so to declaration ?‘1,",\'"";m_"m:m“l.z? as against $398,000,- the rvegular quarterly fll_\ddt.lld n’= ‘\'v The $10,000.000 difference hrought cents a share due at whip tme. SIS the 1oia] unfavorable halance of trade {sauen and in Freshman Corporation. | b l\»‘:.rr:;-;?'::, :‘I""’"'".’:":"f""h't\- v,u]l;sn e Pt | peavnand compared with a favorable 51 24 3 1 ne or ¥ ) 5 3.712. price cutting and declining sales dur the cultrent Aacal year. how ing the latter half of the year. Stutz] excess of e < over Imports Motor 7 per cent honds, however e sl Were strons for . time, RSUING U A | G dnre taar venr Il s $978.804 halt_point o 111 R LT 7 59,036,777 for exports and $3,809,020, 181 for Imports Exporta of gold Vi of St Out of Gas! The company., which is a subsidiary | 3 caund hasis. of the Washington, Baltimore and An- | et BAR SILVER PRICE. napolis road, said in its petition that | it has expended $45.817.37 during the W YORK. May 13 (®). Mexican dollars, 493 By the Associated Press. NEW YORK, May tures opened steady. July, 15.45; € tober, 17.55; December. 17.60: Janu 7. A more favorahle i Mareh view conditions appeared responsible for declines in the cotton market early today The opening was steady at a decline of 3 1o 7 pomnts. Active months soon showed net losses of 4 to 12 points, Tuly selling off 10 18,40 and Decembe: to 1752 under iiquidation by recent buyers and local or southern selling. | ;. which was supposed to include hedz | Ing against spot purchases. Trading was only moderately e bug selling on the prospects for hetter | yile weather in the Southwest probahly UAhed Ph Ss. was promoted by a Ires favorahle view | 1 dlum 7e nee 8 of the English labor viev which in-| 7s Am Pow & Lt 8¢ cluded reports that railroad men| £:Am P& I fs new would not return to work exeept in i g body and colored by rather easier late | 5 cables from Liverpool | G&F s New Orleans Quotations. NEW ORLEANS, May 13 Cotion futures opened steady. May 18.00 bhid: July, 17.85; Octoher, 17.08: December. 17.12 ! 17.13 bid | 1927y The cotton market was ir- regular, although Liverpool was het ter than due. First trades showed a gain of one point on July, but losses of 6 ta 11 points on new crop month: The market continued 1o ease off | during the firet hour on =elling |vv~m1{\ on the hetter weather ir helt and | on the unfavorable char crer of for- | elzn politienl news. Juiv traded to | 17T Octoher to 3 December 1o 1708, or 11 ta 15 points helow ves- terday's elose. A1 the end of the first hour the market was b Iy steady and at the lnv with the unflertone 13, Cotton fu six months from July 1 to December 31, 1925, for additions, extensions | and improvements fo fts electric sys. tem. The new security lssue is de.| signed fo cover portions of these ex | penses and to refund previous hond | Second Trust Notes Purchased | | issues, it was sald P ues, e ds immediately availahle for sscond The application asked for ANTHOTIU | i "oie ol B C. i mearby ‘Marsiand | to issue first mortgaze 5'; per cent l""flr"l"“il"fil’ }'4‘7 "ltl 5! sinking fund :nh.(“ nds, series B, to Sien lfidh."::np" Nq‘:l.lnz I the amount of §20,000, | = — Let Us Make Your Loans We have plenty available for first construction loan, Lean Dept. N. L. SANSBURY CO. Inc. 1418 Eye St. NNW. Main 5904 B Rar | silve Galena cent bonds, of weather e e OW many careless motorists have railed at themselves for being caught without gas. But the wise motorist keeps his tank well filled—and never finds himself embarrassed. 4 Buse Gov H1,s Riint G G1on B i Sanda Fallx 1 Siem & Hal 1 301vay € e S Govt By sl e NEW YORK, May 13, n official list of hond: ded in on the New | Market today active. | ollowing | nd stocke | York Curh Aurlng April to- | taled §17,583,8 while —imports | | reached $13.125.633. gilver exports o also exceeded imports, amounting tn 15 Thyes Irn * 87,612,045 ¢ 5 Thom Irm 81l i 07 | $7.612.015 as compared with $6,312,129 Uni steet Wk B Gs 0773 g | e - SEEKS FLORIDA LINK. {Saleein STANDARD OIL ISSUES. umy 13 ED Louis-8an Franciseo Would 100 Anz Am O 100 Atl Tow Build Line to Aberdeen, Miss. The Si. 0 Gal Sig O ;. 8 | 0 Gal $ O pid old i 110 Gal 3 O ptd new 2100 Humbls 01l & R. 3500 Tmp’ O 'Cass ‘row 3 4800 Jmp O1f'Clsj new road has asked the Interstate (om 100 Nat Tranmt . merce Commission for authority to l'f)".[l”('( a 152.mile line hetween Kimbrough, Ala.. and Aherdeen, Miss, It would connect with the Muscle Shoals, Birmingham and Pensacola Railroad. now controlled by the ap plicant, and would give the latter a 400 Ohio O - B0 Urare 00 & G direct route through to Pensacola, Fla. 1t is the same along the road of LIFE. The careless man fails be- cause he does not provide himseif with financial fuel. But the care- ful man, with his sound poiicy of investing his funds wisely, i tain to reach his goal. WOOL TRADE DULL. Special Dispateh to The Star | BOSTON. May 13.— Business con- | | tinued dnll today on the wool market, | | with such sales as are reported mainly | comprising anly small lots for prompt shipment. One view expressed here is | that the wool market will henefit move | from resumption of British consump tion of wool than it would have from | the withdrawal of British stock for | the world market. Prices are largely | nominal, with fine territory wool stilll quoted at $1.05 to $1 5. Some pulled | waol is moving within the ecurrent | price range MATCH PROFITS LARGE. | NEW YORK., May 13 (@) —The | | size of the match industry ix reflected [in total acsets of the International | Match Corporation amounting to | 885,870,000, Total income for 19 | was about $35.000.000 and net profit 1 £10,700.000, equal 1o $11.88 a share. The financial district hears important | international developments ' are pending this | company. of money trust and Apply BONDS, 107 4 n vie AR St. An Our First Mortgage Notes are not only safe, but they yield 634 % Louis-San Francisco Rail per annum. d el | 1928 {16 Tiell Tel Can 36 AL 1 P — Money to Loan Secured first deed of trust on real Prevailing interast _and_commission {Joseph I. Wellerigs, "o 1 § 2n 100 Prawic 1 1. » 103 O Neoy 1005 0 Nen new P00S 0 Ny S 0 Ohto pi 100 Swan & Finch X00 Vacuum 01l Sales INDEPENDENT OIL STOCKS in hundred, b Swartzell,Rheem & Hensey Co., Mortgage Bankers’ T27-15th Street, NV, WashindtonD.C. Py _We will gladly receive and give prompt attention to ap- plications for Loans on Washington Real Estate Current rates of interest Should vou have Money to Invest can also take care of vou. Our experience, extend- ing over a period of Thirty-Five Years —insures vour protection. Percy H. Russell Co. DRY GOODS QUIET. Special Prapatch tn The Star NEW YORK, May 13 markets continued quiet today, with prices generally unchanged. Print cloths were quoted at Th for fixA0s | {and 8% for 68x72. Raw silks were quiet and unchanged. GERMAN BONDS AND STOCKS. tQuoted in dollars per million marks | . Asked Ger Gt (w In) Be 101418 20000 23000 Hamourg 412s 1919 130.00 14000 | Qunica_in "dollare per thousand marks ) Ger foan Elac $ 18 brecwar 2500 ar Gen Elec 4198 1019 1.7 erun 4s pre-wat . Famp s e & 4 oreiear amburg Ameér Line 'y North German Llord 413 North German Liovd rupn 5e 102 ussaidort ds Dre-wai Frml‘lnr: a-M 4 re-war Munich 48 pre- ! Badiache Anil) A E G (German Ge E1\ Commerz and Privat Bank e T o | Disconta Gellechat 00 | Tann Cop & Ch Dreadner Bank 5 RS Deutsche Bank : Ba Darmatasdter Rank hadr - Mercur Bank V v Reblis 14, Heyden Chamical . mprovemani Aust A E G (Gen Fis Uri) Shaves Corn Berlinen Handels AL, & R racaibo Co i 3 s e Saracaiio ¢ Cotton good wide ran 1001, siness in connection 57 Years Without Loss to An Investor with L Sery new 1 Serv i olumbia synd. Creols synd Cr Lent Pets . . 3 i Derhy'0 & Rei - by O [ Euclid 011 Co 210 Gibson 01l Cor 1 Gult Oil of Pa 26 Leonard O1l $ Lion 01l argay Oi ex Pagueo oynt Pror NY o 1 Onio Fusl Corp 2 Red Bank O1l 2 Relter-Foster 01l 30 Royal Con O & | 2n Po ¥in A Loews e * Nmitan 23 Naer Gas } Motms. Co X Power Nor Stat P 8158 WP N RALE Ohio Pow 54 B S O Su fs A Pan Am Pst 6 PinnOh ‘Ed Ba A PP Pox & L 32 PP&L EP 1 Phia Rap Tr 6 1 Pure 01l Co 61, 3 Rand Kand B 513 o DIVIDENDS. Pe Par find Rate ahle 50 Mar 20 3 Juie 2 3 Jute 3 Lt o | Am Rason prod Sucar Rex 3323 COMMODITY T WIRED STAR FROM ENTIRE THE SAFETY IN SPECIALIZATION CEPrCEr 2153 353 | Foundation Ca Hagkensack Was- Do, 7 oa nl S 33 FORT WORTH. May #teer prices have zone Texas. A sale of head to | ouri buye: was made at an av age of $46.70 a head. The yearlings will be shipped to Rockport and Tar kin. Mo.. for fattening. The price was the highest paid m the Deaf Smith breeding section since the war nz in A s : e We do not contend that our 22222 SEFES S 3333 =2 Shawsheen T Sloss Sheft > 2:2555955933353500" 2 Tidewater O)l ‘» 3 74 Venezuelan Pet.. by s 00" uty 1 25 June 18 3 10 Tune 3 100 May i 13 % Jun Wandtes e e B 6',% FIRST MORTGAGES RO 4 4 ! INDUSTRIALS. a Great So pf.. 102 hert Pick B vic 10% um Co new... 64 Gas & Elec.! 6 Southeast RS0 N Y 13 Stutz Mot 7 Sun_ 0l 11 Swift & Co Ae A6 Tex & F S 51 1 Transcont O < Rub & Ruh 6 Rub Ruh Rub Rub Rub 6 Rub Rub Rub Rub. Real Estate Gold Bonds Secured by First Mortgages Guaranteed By The United States Fidelity & Guaranty Company § Fx Q Q Q 150 32223222332333883333533231 0 growers 1 erop at 0 ind more ATLANTA.—Georgia fru estimate the State’s peach 12,000 cars, with fruit lavzer profitable than ever hefore. ‘ondition | ranges some 14 points higher in Georgia and South Carolina than last vear at this time. —are the only securities worthy of vour investment considera- tion. 130 7.50 140 $1.00 Juns 15 80 June 1 May PHILADRLPHIA.—Abhout 100,000 tons of irof ore have been contracted for hy the{Alan Wood Iron and Steel Cn. of Swedeland from mines in North Africa, But. because we have special- ized in this one class of invest- ment for a third of a century— and have perfected appraisal and management methods for vour safety — we recommend them as having no superior for vour principal’s protection, and interest assurance. B. F. SAUL CO. Main 2100 925 15th St. N.W, Am Superpow A’ 4 Am Supérpow B 1A Superp nf lst. 5Am Writ Pap 11 Asso Gas & Plec 2 Auburn Auto Co T At Frun 3 Atas P Cnew 1 Bloomingdale By Biooming Br prd. 1 Hrad Firep:fe Biill Corp A il Cory . The New York Life Insurance Co. Ofiers to Make First Mortgage Loans On Improved Real Istate in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland FOR 3, 5 OR 10 YEAR PERIODS S%2% ON APPROVED SECURITY Apply RANDALL H. HAGNER & CGOMPANY MORTGAGE LOAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 of a s s < Century alvorme O 78 American | FORE | housands. of the At v {1 Andian N has hought 1 Antinaqua ORLEANS.—The oo nffee Cn. a subsidiary i Jantie and Pacific Tea Co.. the plant of the Crescent Coffee Mills,) i Antioaua and will enlarge the plant to roast Buen”Air 100,000 pounds of green coffee weekl Jienor ‘Alres 1,08 ANGELES.—Oil men sav the Damsh cont Aiye. {= little need of replacing the oil res P ervoirs recently destroyed by fire in at Con El &< the southern California felds, since MOBK Finl Te stocks are not going Intn storage as fast as formely. The Union Oil Co. has asked bids on 8 to 10 steel storage 1an Pu Ul s mk 5he tanks of $0,000 harrels, individual ca pacity. JOPLIN. he lead and zinc pro ducers of the Tri-State flelds cut pro- | duction approximately 15 per cent he cause of the British strike. hut it expected the settlement wlill stabilize | keta. i ) tion 5s-—$250 at 100, S nac Eictric con. | S4—$1.000 BOSTON.—Despite the complaints | 1005 i E e from many New England textile manu. | ,Egiomae Elctric Power 7s *41—3500 & facturers, reports indlcate that the | Washington Gas Ba—! 20.011:"‘“ Ul\S:- Pacific Mills, the largest single plant | Washingion Gas 8¢ 2e1%00 at + Py Washington Rwy. lec. 48— a in this section, is doing business at a | g3, jon Co—30 at 1033 pro Cotton departments are work- | Cspital Traction Co—30 at 103 % inz at 80 per cent of ecapacity and |, 'ashington Rwr. & Elec. pfd.—>0 at 91, > at 91 worsted units at 30 per cent. |7 Riges National Bank—5 at 454%. 8 at = {50 NEW Resources, $46,000.000 To Yield 6% Plns tax refund up to 41, mille, Descriptive circular upen request. CHAS. D. SAGER ince 1906 924 14th Street N.W. Loss & East D 6o Ao 1 an ] wir . an Marcon: Apartments Office Buildings Houses Business Properties i Russ G ofs 5las 0 e Washington Stock Exchange SALES. n Senild. . Eltingon Seatid.. | B B s re Pub Service Pub Serv pt Welte A", frestone X 7 ot ord Mot Co Can 4 ‘oungdation F A heaters A Doz masats SSEEBEERRSI. ~ZSoonso; » ¢ R e Federal Security and Mortgage Company 1412 K Street, N. W. Washington, D. C. Authorired Capitalisation 100,000 Shares 87, Cumulative Preferred Stock, Par Value $10 100,000 Shares of Commen Stock, No Par Vaive 2o 2 t 8. Southern Pine Amer Security & Trust €o—5 at 385, | o ARS. 10 at AR3. 10 at 3847, 10 at last wek showed a {}0:*% 3 Bo 10 et IReTR | ecent in produc- | nke—5 at 5285, new husiness Saventh | Columbia Title Ink. 100 at . 100 at | of 1.7 to 75.800.000 feet, and in ship. | % 2200 ment of 13.9 per cent to 72,000,000 feet. Unfilled orders iotal 286,800,000 feet NEW ORLEA Association mills decreaze of 0.7 pel tion 1o 71,600,000 feet Where Can I Safely Invest My Surplus? seEcay ou semSoos SREENY. 2L IIRERT R so mithavits Transter & Storage com.—4 at 1 Ao @i " Mrrchants’ Rank & Trust Co.—10 at 153. AFTER CALL. Capital Traction Co.—0 at 103 % Washington Gas 5s—3$2.500 at 1008, Cimnen ol Fast €010 at 100, 1 loans, 5 and & per cent. BONDS. hants’ Transfer & Storage ptd.—10 11 Ind Ravon Co; 2 Intl UGl B. .. 's Johna-Manvilie 10 Reystone Solether 2 Land Co Fla That is a question deserving care- ful thought and analytical considera- tion—a test that will convince you of the safety. dependability and remuner- CHICAGO.— The RBritish strike failed o have an adverse effect upon the | “meat business. Forelgn trade s re ported 1o he of falr volume. In the domestic trade demand for fresh pork has eased hecause of warm weather, and hef trade is weaker, S m—ision Management HE husiness of the Federal BRSEBe s SR E 02 2o 13 West U s Mid W 2 S ¥id W # Fach member of the Board of Di- e SAN ANDREWS, Calif.— The Cale. | veras Cement Co. has opened its | $3.000,000 plant in the Motherlode dis. | trict. Over 10,000 attended | the formal epenink | persans TREASURY CERTIFICATES. (Quotations furnizhed hr Redm 14 s an 31 100 100 9. L 101 1 101 6 . . Are You a Sucker? Ton many people put their money in day dreams and wake up hroke. Never put vonr name on the dotted Hne until you have inquired of some one In vour bank what he knows about some stock issue that fered to vou privately. FOREIGN EXCHANGE. (Quotatione furnished by W. B. Hihba & Ca.) Nominal Selling checks o Eold calme " tader London. poun, 005 $4.8A 1y 21" dollar 100 st Trane 1e franc erlin. mark ome. hia z franc . Arachma Deseta 193 Prague. Qi 0knaim. " crown NEW YOR ) eign exchanges irregular. Quotations (in _cents): Great Britain, demand, 4837: cables, 1861,: 60-day bills on banks, 4517, France, demand. 3.181: cables, 3.14. Ttaly, demand. 3.81: ca- 8 Demand—Belgium, 3 3.80: Holland. 40.17; y Sweden, 26.73: Denmark, witzerland. 193415 Spain, eece, 1. Poland, 9.0 Czechoslovakia, Jugosiavia, 74: Austria. Rumania. .38; Argentina. 40.25; 14.50: Tokio, 7.311,: Shanzhai, Montreal, crown. a e 96 125 2il, & Sons. Closing.) 4. Afked. Yield. i C &P Capital Traction R. City & Suhurban 5a . Georgetown G Potomac Elec. is of- | Bid and Asked PUBLIC UTIL American Tel. & Telea. 4. Amenican Tal & Amar. Tel. & Tel Anacoatia & Pot Ana. & Pot. tuar "% P. Telephone Tel. of Va o)t R. 5 Elec. Wasn Wash'" Balto. & Anina. b W A & Eles Flec. K MISCELLANEOUS. . €. Paper Co. MIK. Dot aoint Stock Led B Sotinern BME. 81y o S ot stoiaee [ k. 5 STOCKS. PUBLIC UTIL & Telg: Wasn, Rws. & Elec. nfd NATIONAL BAN National Camital - N 1T Cammercial Ders & “Mechani Faamat American erte Incoin Yhianal Metropoiitan TRUST COMPA merican Security & Trus &ohtinantal Trust. Nerchants ANk . . ) National Savingks & Trust. Commerce & Savine eton - v e Shvines & Com. b Washington Title. Columbia Title., " Co. of Md. com.. MISCELLANF C. Faper ofd. Foderal Storage £o Hetehante Trans. & t Merchants Tran. & Stor. pfd nthaler NOLyDe. Mige & Inv. ofd . Peoples Drug Stores pfd.. Lanston Monotype e Storaxe gfi“fi"“ arke Me Nat Talea. 87, Elec. com Prices. 1Ty, Rid Anked. L s ‘i iy ania 101 ITY. ous. ¥ 22T isic 2D SEILREESer fggen T S R EST PPESIGES T oSS F A S FEE P i to D = TERERE-5 a8 e TUOMZ i3 Do DDt 25885250 BENE2RIREBE EE e Pow n .. 3 Bender D'Groe 4 Penn wa Po. ca 15 4 el Co H Penn Ohio Sec © % e0n ‘Drug- Store iiisn €14 Tnet 3 wer Secur 'Cor °8 T P rocter. & Gambln 158 urity Baking A Ig "% Rand’Kard Burn 3 Rea' Motor. “.". fokenbacker & 8 Rienciagor Mo 1 " 2 FEEETS F S Royal Bak P ot Sherwin Wllhgmn 3 Bizes! C A. Stand Tank Car © A Swift Int] 1 Swift & Co. s A it Pt RIS it Pt E El new.. 1 Thomp Bad v t'¢ I Trans Lux_Pie A ’s Tubize A S B vie 1 {mp €. & P nw’d 1) Share o wy A& HY new o3 hundreds. ol Ariz_Globe € 1§ Calaveras Con’ Caarnegie Meta 44 90 Minee 10 Cons Nev Utah . 1 Eng Gid M Ltd 30 Eureka Croesus 20 Flor Goldfd M 30 Forty Nine M. 3 Golden” Cen Mini 1430 Hamhorne M 1. . 1 Hollinger s 20 Rav' b Tor. 20 Kay Con Cor. 3 Kerr Lake Mason Val 4 Nipiwsing # Noranda : 7 Bremies” Gold' M 27 Premier Gol RS n Ex 3 Tono Min . 2 s P s e = w13 B AP S BB =D e E e ey o, NEW YORK, May 13 (#).—Copper steady: electrolytic, spot and futures, 137. Tin easy: xpot and nearby, 63.50: futures, 52.00. Iron irregular; No. 1 northern, 0a23.00; No. 2 northern, 21.00a22.00: No. 2 southern, 22.00a 23.00. Lead firmer; spot, 7.75 to 7.87. Zine steady; East St. Louis spot and futures, §.7526.80. Antimony, spot, Laia, = é ation qualities of our First Mortgage Notes Annual Return 62 % HANNON & LUCH Mortgage Investment Department 713, 715 and 717 14th St. Main 2345 APPLICATIONS INVITED for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Subucbe in Montgomery County, Md. 53 % INTEREST :fl PP ly teo H. L. RUST COMPANY LOAN CORRESPONDENT ®he PRUDENTIAL INSURANCE COMPANY ¢ AMERICA 912 15th Street N. W, Main 6883 Security and Mortgage Com.’ pany' _is under the management of a Board of Directors comprising a group of bankers, real estate and business men ot excellent character and high standing. They all enjoy unbroken records of success and their exyimr knowledge is especially adaptable to the profitable and con- servative management of this Com- pany’s affairs. The Company was organized to deal in conservative mortgages, based on stabilized property values, thus insuring safety, as well as offering a highly profitable return, to the investor, OFFICERE Morris Cafrits, President Harry M. Crandall, w. 3 Morris Gewi f o o MRS rectors has purchased a substantial amount of the capital stock. A por- tion of its authorized stock is now being offered to the public on the following basis. These securities may be purchased for cash or on an attractive partial payment plan. 10 Shares 87, Cumulative) Preferred, $10.00 par value. . .. 10 Shares Common, par value no The dividends are free from the nor- mal Federal income tax and the stock is free from the D. C. in- tangible tax. Vice Presiden Seereiary General Counsel DIRECTORS R. P. Andrews Present, R. P. Andrewt Paper Co. Directer. Bank of Commerce and Savinge Director, National Bank of Wash ingten President. Merchants and Manufac- turers Association Harry Crandall Vice-President, Theatre Co. E. T. Chewnin, Prmq:a. Eontinontal Clay Prod- Chas. A. Goldsmith ‘ontinental Trust Co. United States Savings Bank Morris Catritz President, Cafritz Construction Cs, Wdfirfi ident, Pean Oil Cimpany Stanley Crandall N C. E. MORAN & CO. Incorporated Fiscal Agents SOUTHERN BUILDING Main 3628-3629 Washington, D. C. Hon. Edward W. Pon Member of Congres: V¥ Grifly President, Griffith Coa! Corporation Dirsctor, Lincoln Nationa! Bank Morris Gewirs \ Attorney-at-Law George W. Huguely President. Galliher & Huguely, Ine., i D - e M. D. Rosasberg Attornev-at- Pr of Commerce & Joseph Shapiro Realty Vernon G. Owen . Proprietor, Thoa. J. Owen & Sen Director, Perpetual Building Ast's C. E. MORAN & CO,, Southern Building, ‘Washington D. C. Gentlemen: Without obligation, please furnish me detailed information regarding the Federal Security and Mortgage Company. Name. . Address.....cooviuninenninanen