Evening Star Newspaper, June 7, 1926, Page 23

FINANCIAL. | PRICES UNCHANGED IN CENTER MARKET Easing of Egg Market Points to Decrease Shortly, Dealers Think. Received by Private Wire BY WILLIAM F. HEFFERNAN, NEW YORK, June 7.—The impor- tant price changes in the first session \ol the week on the Curb Exchange continued on the side of advance. Dealings in the general body of stocks, however, were not as active as prev- iously and it was noticeable that there was not the demand which was re- sponsible for the improvement of prices recently. Oil shares moved with a good deal of uncertainty, Standard issues fellow- ing their improvement of last week felt the effect of realizing sales which | resulted in small losses, but several of the Independents worked higher. The up-turn in Wilcox Oil and Gas appear- ed to be in response to the report that production from one of tne company's well's in Gray Councy, Texas, had been increased to 60 barrels an hour. ‘Varner-Quinlan lost fractionally while :}\9 foreign issues held comparatively firm. One of the features among special- ties was that run-up of more than 2 points at one time in Balaban & Katz following announcement of terms on which the outstanding stock will be acquired by the Famous Play- ers-Lasky Corporation. Stockholders of record September 1 may sell two- thirds of their common st Prices remained stationary at Cen- tar Market wholesale establishments over the week end. Today prices showed virtually no change over Sat- ile egg pricas hiave not faitered, dealers believe that an easing of the market indicated smail chance for an increase in the immediate future. Veg , etables are coming into the market mora liberally and the quality, due to recent rains, is said to be greatly im- proved, Wholesale prices today: Market Prices Today. Butter—Fancy, one-pound prints, 46a47; tub, 45a46. gEs—Fresh, selected, 31a32; hen- 2 receipts, 30a31. s, 30; Spring NEW_YORK, June 7.—Following is an official list of bonds and stocks traded in on the New York Curb 12 to 2 smaller, 40a4. White' Leghorns, 35a88; fow! . 20; ducks, young, 20; old, young. 70a80: old, 45a50. | Market today: ed—Turkeys, 33a35; broilers, S0u | Salesin INDUSTRIALS, young, 90a1.00; olds, 50a60. 1gh. e o ren ehoten 12 me. | S AR gt foun . 10FY dium, 10a11; thin, 6a7: hogs, heavy and ick B vie. 1 medium, 131;; light, choice, 15; lambs, 55 8 2Zawissetouxons o0 ERRL o S e >3 Leather 17a18: lamb, 34a3 veals, 20a22; dressed pork, heavy, 1 pork. leins, 34a: Western, 30a3: hams, 31a34; shoulders, 22a23. Fruit and Vegetable Review. | "Today’s market report on fruits and vegetables (compiled by the Market News Service Bureau of Agricultural Economics) says: B Cantaloupes—Supplies heavy; de- mand moderate, market about steady; California, Imperial Valley, Salmon Tints, standards 45s, 2.75a3.25; Jum- bos, 36s, 3.00a3.50; standards flats, 125" and 1.06a1.25; Jumbo flats, 128, mostly 1.25. = Lettuce-—Western supplies limited; demand moderate, market steady; California, northern district, crates Iceberg type, 4a5 doz., 4.50a4.’ Onions—Supplies moder: light, market steady: T standard crates, Yellow Bermudas, U. 8. No. 1, mostly 2,25; few fair condition, s—Supplies light;: demand slow, market dull; California, 6s and bushel baskets, vflowers, 2.00a2.50. Potatoes, old stock—Supplies light; demand light, market steady; Michi- gan, 150-pound sacks, Russet Rurals, TU. 8. No. 1, 5.75. New stock—Sup- plies liberal;: demand _moderate, market slightly weaker: North and South Carolina, cloth top stave bar- -rels, Cobblers, U. S. No. 1, 6.50a6.75; some ordinary condition low as 5.50; few North Carolina, ungraded, 5.00a 5.50. Strawberries—Homegrowns supply- ing the market; homegrown, 32-quart crates, various varieties, some ordi- nary condition, best, 6.00a7.00; poorer low as 4.50. | Tomatoes—Supplies liberal; demand | moderate, market weak; Florida, 6s, | ripes and turning, wrapped, fancy, count, best, mostly 3.50a4.00; few high : choice, count, bes mostly as 3.5 and choice, count, 1.5 Supplies light; mand light, market steady: sales di- tailers, Florida, Tom Wat- 8 pound average, 1.50; 32- 34 pound average, mostly 2.00 each. Cabbage Market Firm. Cabbage—Supplies moderate; de- mand moderate, market firm; Vir- ginla, Norfolk section, 1%-bushel hampers, pointed type, 1.50al homegrown, no early sales reported. + Asparagus—Supplies light; demand 3 moderate, market steady, Delaware, 13;-dozen bunch, crates, green, large size, mostly 4.00; small to medium 2 size, 2.00a3.50. 14 String beans—Supplies liberal; Washington Stock Exchange mand moderate, market steady; SALES. Carolina, 5-peck hampers, green, 3.50 corgetow Gas 53—3$1.000 at [t S Meats—Beef, o#E s, OIXKII,V C”Hl“ 0 drcport ™ Mai i o A0 o s RO = 55 5. * T P EESRY § AT M ¥iss of < = s e IBRED ~3EE: AR RS IES PR FRETRE FEIE ITER §OISEESE Ging Ale n d Co ptd Aguirre ¢ Sl 2 2B B IS S i FEFFe & SNaw S BB53. RN zazess ¥ D = 28738 5o TER O IEFES 1 lemand oy @08 43, Frots et . F SRRERRRRRE Sruate » CBODL_ousi Dby i) LaRiiE ket » WRODI> SuII= B 2 = Do - S S s D550 oo E NOAE PP SER T E FFE R FESSE A e D B e B R B A AR o AR 1 SOV CH 30013 IS (oW 138 I IS e R oda azoud '3 % oo i e 5 Ron _ IS et - e * Fibey 0 cCall Corn & B SESRES S5 - P e e ey o T A LS E R s Ee T e SO o 227 ._ O 2 2, Northe Pow. hio Drass B .. vington Bros .. 10 ac Steel Boiler 13 D ALLA 2 Vs D »hh— YOI~ =T 8852555 R5aRES o ! FEEEF RN F - - hila Elec ... .. tish & Lake' ¥ 147 .. 34 P g e e e de- rth #3.00; few high as 3.50; bushel hamp- ers, green, mostly ; South Caro- bushel hampers, green mostly cumbers—Supplies light; demand moderate, market steady; South Car- olina, square bushel crates. fancy, 2.5023.00; Florida, bushel hampers, * fancy, 2.00a2.50; Virginia, Norfolk section, hotbed stock, Ty-bushel hamp- | o ers, fancy, 3.5024.00. American Security & Truit Co.—10 at Peas — Supplies moderate: demand {384, . . . g Tyuet co—10 at 182 moderate, market steady; North Car- | Merc] 2 Tuet Co.— 2 olina, bushel hampers, 1.00a1.50; few | 5 5 20t Transer & Storage com.—30 higher: Virginia, Norfolk section, hushel hampers, holdovers, 1.00a1.25; gome poor condition low as 50. Biackberries — Supplies light; de. mand light, market steady: South Car- olina, 32-quart crate, best, 5.5026.00; ordinary condition, some soft, 4.00a- .00, 5. Squash—Supplies moderate; demand moderate, market steady; South Car- olina, square-bushel crates, white, 3.26a1.50. 7, 1,000 100% o] Ghington Rwy. & Flec. 4—32.000 at omac Electric Power ptd.—5 at 107%. ol Pe 5 at 107 % 2 at 107%. 1 at 107%_ 5 at 107%, 5 ai 1073, 5 at'107%. 3 at'107 Washington Ga: Light—1 at 68, mington Bwy. & Electric pld.—10 at 0 at 88 10 at , AFTER CALL. Chesapeake & Potomac Tel. 5s of Virginia —$500 at,_100. apital Trani-rlm o33 at Josty Lanston Mopotype—- R Int 5 Bid and Asked Prices. BONDS. - PUBLIC UTILITY. g American Tel. & Te & Telga. 48 FISHER'S PRICE INDEX. NEW HAVEN, Conn., June 7 (Spe- 1 8-10; purchasing 3 ESessscw . FET (Covyright. 1926.) PeResmt<s=itnidod INCREASES STOCK. NEW YORK, June 7 (#)—Ludlum Steel Co. has hotified the New York Stock Exchange of en Increase in nuthorized capital stock from 200,000 to 500,000 shares, | e = D. . Paper Co. M RECOVERABLE LEAD. B e Bk NEW YORK. June 7 UP).—Recover- | wash. Mkt Cold Storags Be-.. able lead received in April by smelters in the United States that are mem. !’ STOCKS. bers of the American Bureau of Metal | PUBLIC UTILITY. Statistics declined to 48.067 short tons from 50,568 in March, a total of 196, 336 tons for the first four months of 1926, against 202,631 tons In the same speriod of 1925, WOOLWORTH SALES GAIN. NEW YORK, June 7 (®).—May sales of F. W. Woolworth Co. rose 1, a gain of 9.48 per cent v last year, bringing the total for the five months of 1926 to $88,- 175,274, against $83,374,113 in the same period last year, an increase of 5.16 per cent. H. T. Parson, president, said every district showed a gain for the month, indicating that business has definitely turned upward. HES5 5 ms! S R AR oG REC Sn S S a8 SR s W Wash. 5 Washington Gas 53, Washington Gas Wi ey, & Wash! Rwy. & Buc52 4 lec. gen. 6s. =550 gsese |N':‘{f“§;_. ‘ot Washingto: TRUST COMPANY. urity & Truet.. 382 s t} i FAMOUS PLAYERS' RIGHTS. NEW YORK, June 7 UP).—Transac- tions in the commen stock of Famous Players-Lasky Corporation on_the New York Stock Exchange on Wed- nesday, June 30, will be ex-32 stock dividend and ex-rights to subscribe to new stock unless made specifically for cash, the committee on securities has ruled. Rights may be dealt in on a | American - “when issued” basis on and after|Firemen today. Transactions in rights- shall | National Union. be on the baais of rights accruing on TITLE INSURANCE. the stock to which stockholders would | colambia Tifle be entitled upon payment of . the |Real Estate le. dlvidend. Rights to subscribe expire | Title and Ins. Co. Md. July 23. MISCELL, EGY_iT‘S COTTON CROP. \ CAIRO, Egypt, June 7 (#).—The condition O{hthe Exyl)}'fln cotton crop, ,hased on the mormal_percentage, is |La: announeed as: Lower Egypt, 96; Mid- | §5eurity sro5sey dle Egypt, 97; Upper Egypt, O idend, . SAVINGS BANK. o1 eroe & Saving: gommyten Security Saving: Seventh_Street. United States. ‘Washingt 11 % Stor. nld._‘ & THE EVENING STAR, WASHINGTON, D. C. NEW YORK CURB MARKET Direct to The Star Office k share to Famous Players provided such stock is deposited by September 16 or may elect to receive full pay- ment of $40 in cash on October 15 and the balance in three equal yearly in- stallments bearing 7 per cent inter- est, or $40 in cash and the.balance in stockholders’ option on 10 days’ notice, bearing 6 per cent interest, or the full amount in interest . bearing certifi- cates. Forhan class “A" held firm around 17. According to a statement issued today, earnings from the company’s new antiseptic product should equal earnings from Forhan's tooth paste, which would mean a net of $7 & share on the 150,000 shares of class “A.” Federal Motor Truck was about the only member of the motor group to do anything worthy. Or announc- ed volume the price was carried ai- most 2 points higher accompanying reports of ' increased business d earnings. United Gas & Improvement stood out strongly among public utilities. while shares of the ‘new re- apitalized of the new member group ave a_good account of themselves. The §15,000,000 insue by the Detroit Edison Co, - general and refunding mortgage gold bonds of series “B" b per cent were_admitted to trading on A whenas-and-if-lssued basis, sales taking place at 102%. 13 Rindsfard e w B Rickenbs hredded Wht n. ica Gel vie o e, T e @ 1203130980 130353 202 BGo ot %% @ 2 o F3 o isizeaF a oo BSOS EREE OS8R #a D e I D B O e B S 1S SR DS 5 A9z e T e D BB DB IS D2 T NI FF FAr A FF R r pazRin Se & & > e E— & segn > s iz mons Aot T O G S SO & EE e iFe # 2 RS- DS aE5! EE TR SR @ & S E RSB RS I jageons mis jaoDe zaons -3 o3 B 2. R FEE s R 4 T Elan “Apex 38 Wenden Cop ! Sales INDEPENDENT 0! fak o PEFENDE: 23 Amer Con Oilfids 9 Am Maracabio C © L wmBoz B. - , 200w £ 0y 190 s bt e B S ABI D 1S e B Iore) it K ‘olumbian Synd. Cons Royal new e 25 » FE g SIS #SAS 582 30800 FEES 2338 B et i ms Aotz ou SR E3aams Susesssslom FEE F T T IERNEEE NS e aDimis sous D C AR BRANINDL NN =13 TSR AR BBBID e 3 & FRFFS O R o SSR3RELL 3 isoe e isagre Salesin STANDARD OIL ISSUES. unite. 700 Anglo. Am 200 Ang A 0il.. 18 0 n vie 17 P L ev il R 13 - SEA W, 20550 mar S3ewwaidi 238220185 232 32303130 o o <6 R 22f So035: asonaLyge Sss3iaesiszdniinpaliay ™ 250 S99, 223323332 &R EEEE Rt o o R o % o - gm0 an oacata s B BN RO b o TS S B 2 1] Se32033e SEEERT EETE b [ 2 3 DR B¢ 090 0w! S H El Ll ;;gai 235500 £t WIFE PRI FE P F [ b e ety = e Ty S PR RS SRR £ CODOOT3 SRR RSt b - Pitreparariiiie oy 8RR ae & £ R 283R23332aR BRRR3o 52 2R 885 28R 332N AR 2999 WMW PR SR D e b ek o 2 1O B DS B D124 D DI DO D BN £22E3 R T ) R8s g 2 ORE28522320838382 o000 i 23 FER PEFREE B FRREER SR 2 52 5 :“ d 333503 - 2322322 ey 3 SRR WRNERNERE JRTRISE S R R FR R R gentatin FRRRTE RRERFRESRISRRRERR 39 it 0052055525 e i St BESIRR2RSS 23NN o, 1 SESSRRSIS= = C) REF it oob 300! 1020 SREEREERES 2SRRI i} [=lmlalel=le] Saas §.°aooooq==@=,,=n gt 88888sEasts o AR P o 33323822 SRR R FRERETEE " F R A FORSRRE S oorsooSonD: o 20D 500 D DRVORDD o RSS2SR 22 I03ATINIT s : ABSSIZITRL 2223233838 2833 33 FFRIISERRR RRRRRRRSISSE R o 7 B FARARRE REFRRRRARAER BEPRR ERRRR (T 2 2 9-533»«- gf i gl Loy e BUSINESS IS QUIET ON COTTON MART Staple Eases Off 2 to 7 Points in Early Trading, But Steadies Thereafter. By the Associated Press. NEW YORK, June 7.—Cotton fu- tures opened steady; July, 18.17; Octo- ber, 17.45; December , 17.37; January, 17.30; March, 17.46; relatively easy Liverpool cables and reports of fav- orable weather in the South were re- flected in an opening decline of 2 to 7 points in the cotton market early to- | day. July sold off to 18.16 and December to 17.35, but covering and trade buying of near gonths held the market fairly steady during the first hour. The early selling seemed to he based chiefly on belief that the rains ur showers late last week had relieved drought condi- tions in the Eastern beilt and the fore- cast for generally falr weather with normal temperatures during the pre- sent week, evidently made a favorable impression on sentiment. Private cables attributed the decline in Liverpool to hedge selling and liqui- dation. The faflure of the better weather and crop news to inspire any aggres- |/ slve or general selling seemed to pro- mote some covering later in the morn- ing. Prices steadied in consequence, but business remained quiet. July ruled around 18.18 and December at 17.36 at midday, or about 2 to 6 points net lower. New Orleans Quotations: NEW ORLEANS, June 7 (#).— Cotton futures opened steady. July, 17.54; October, 16.96; December, 17.00; January, 16.95; March, 17.01. The cotton market opened easy today ow- ing to lower Liverpool cables than due to favorable weather in the belt over Sunday. First trades showed losses of 4 to 7 points and the market continued to ease off during the early trading untfl July sold as low as 17.50, October, 17.03 and December at 17.03, or 8 to 10 points under Satur- day’'s close. Toward the end of the first hour prices advanced 3 to 6 points on moderate covering. The walather map was considered favor- able. FARMING EDUCATION. NEW YORK, June 7 (#).—A reso- lution récommending that $100,000,- 000 be made availgble for agricultural education during the next 10 years was introduced today at the national 4arm school conference. The resolu- tion was offered by J. Meyers, mayor’s snnsenm.uve from Jefferson City, RUBBER UNCHANGED. NEW YORK, June 7 (Special.— Crude rubber, smoked ribbed sheets, was unchanged from the Saturday figure of 423 cents at noon today. This compares with 481% cents a month ago and 75 cents a year ago. Before You Invest—Investigate. It's queer how careful a man can be after he's lost his money. Abe Martin says that & man who is not satisfied with 6 per cent and his money are soon parted. MILLER TRAIN CONTROL (Stoek) Rowoht _and Sold MACARTNEY & McLEAN 52 Broad -, New York Tel. Hanover 5610 CENTRAL LIFE INS. CO. yMnket i Real Estate Loans For 5, 10 and 15 Years i Pouglass & Philkips, lnc.fi 1516 K St. N.W. 0dd Lots Carried on Margin .Buck & Company —BROKERS— Eastablished 1076 312 Evans Building 1420 N. Y. Ave. NW. Tel. Franklin 7300 SELLS BIG BOND ISSUE. Detroit Edison Co. Floats $15,- . 000,000 in Securities. CHICAGO, June 7 (#).—The Detroit Edison Co., which supplies electric light and power and steam heat to Detroit, has sold §15,000,000 of 5 per cent gold bonds. Purchasers are the Harris Trust and Savings Bank, Chicago; Coffin & Burr, Spencer Trask & Co., Bankers’ Trust Co., New York; Security Trust Co., Detroit, and the First National Co., Detroit. The bonds, which are of general and refunding mortgage character, are due June 1, 1955, and are being offered at 101'; and interest, per cent. DRY GOODS ACTIVE. NEW YORK, June 7 (Special).—The cotton goods market opened the week fairly active at unchanged prices. Print cloths were quoted at 71 cents for 64x60s and 8153 cents for 68x72s. The raw silk market was firm. e POTATO MARKET STEADY. CHICAGO, June 7 (#).—Potatoes— Receipts, new, 116 cars; old, 78; total United States shipments, Saturday, new, 649 cars; old, 250; Sunday, new, 62 cars; old, 9;: on track, new, 134 cars; old, 153; market steady on Northern, slightly weaker on Idaho russets; Wisconsin sacked, round whites, best, 3.00a3.35; Idaho sacked russets, 3.15a3.40; Washington sacked russets, 8.00a3.25; new stock trading good; market slightly weaker; Ala. bama, Louisiana sacked triumphs, 4.2524.50. BALTIMORE EXPORTS. BALTIMORE, June 7 (Special).— Grain exports last week showed an increase over the previous week, ac- cording to the report of the Mari- time Exchange. A total of 586,893 bushels were exported, a gain of 324,930 bushels. Of the grain sent out 317,048 bushels were barley, 23 907 wheat and 38 oats. Flour fell below last week's figures, there being 3,801 barrels shipped. Copper, al- ways considered in the important ex- ports, totaled 3,929,677 pounds. MARYLAND TOBACCO. BALTIMORE, June 7 (Special).— Receipts of Maryland leaf tobacco last week totaled 201 hogsheads against sales of 123 hogsheads, and there is little change in the market from last week. All leaf grades suit- able for cigarettes as well as seconds of all kinds are in good demand. Stack in State tobacco warehouses today total 2,950 hogsheads. Quo- tions today for Maryland leaf to- baceo, per 100 pounds: Interior and frosted, firm leaf, 4.00 to 9.00; seconds, common and greenish, 10.00 to 15.00; good common, 16.00 to 25.00; medium, 26.00 to 35.00; good to fine red, 36.00 to 53.00; fancy, 54.00 to 55.00; sec- onds, common to medium, 6.00 to 20.00; seconds, good to fine, 31.00 to 35.00; upper country, air cured, 8.00 to 40.00; ground leaves (new), 15.00 to 26.50. SURPLUS SMALLER. NEW YORK, June 7 (#).—Surplus of the Delaware, Lackawanna and Western Railroad for the first quar- ter of 1926 fell to $2,605,883, after taxes and charges, equal to $1.48 a share on $84,511,820 capital stock of $50 par value. In the same quarter last year surplus was $3,166,642, or $1.87 a share. TREASURY CERTIFICATES, (Quotations furnished by lldmmh Co.) X! fune une £opt. ar, 3%s B it 4 SHORT-TERM SECURITIES. (Quotations furnished by Redmons % yielding 4.90 | _ Direet Private Wires to New York FIRST MORTGAGES FOR SA}.E 6% THE TYPE OF SECURITY CONSERVATIVE INVESTORS BUY In denominations of $250, $508, $750, $1,000 and upwards, secured on imj veal estate situated in the District of Columbia. JAMES F. SHEA N.W. Money to Loan We are miaking loans secured on well located real estate, improved or to be im- proved by new build- ings in the District of Columbia. We are also in posi- tion to refinance expir- ing loans. Mortgage Investment Dept. 713 ‘14th St. N.W. Main 2345 Do You Need Money? —to remodel your house —to paint and paper and put it in condition to sell. —to pay taxes or overdue in- terest —to take care of old bills that have been worrying you? If you need money for any purpose, let us help you. Con- ve’;ulem terms—pay on budget plan. Realty Loan Co. 1417 F 8t. M. 8411 Open Evenings e Buy nd Sell Liberty Bonds Treasury Notes Etec. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street We have a limited amount of 1 First Trust Notes for sale in denomimations of $100, $500, $1,000 AND UPWARD Secured on Real Estate in the District of Columbia Our exp.flnnm. ::ul'ldinl wo‘r a period o Thirty-five Years insures your protection Percy H. Russell Co. 926 15th St. N.W. Our Grain Ticker Service which supplies all, Chicago grain quota- tions directly from the Pit is the only such serv- ice now operating in Washington. This serv- ice comes with quota- tions from all other grain centers in the United States. We are fully equipped to execute your orders in a prompt and efficient manner. | 'Dean, Onativia & Co. Membders of the NEW YORK STOCK EXCHANGE CHICAGO STOCK EXCHANGE CHICAGO BOARD OF TRADE NEW YORK COTTON EXCHANGE NEW YORK CURB MARKET FINANCIAL. o N Money Securad b; Ml’lllfi"‘tn‘l‘fi:‘zam oan "‘ Soregh - Waler v § e @ B 1319 F ST. N.W. REAL ESTATE LOANS J ANY AMOUNT 1 'A:'A,lflnfl' lo!l;l'l 51/2% = RESIDENCE LOANS AT LOW RATES ] | FRED T. NESBIT | i 1nvestment Bids. Maln 9393 First Mortgage Loans Lowest Rates of Intersst and Commission Thomas J. ’l-:'l:h:.rm ‘sn E“ompany. Inc. Eliminate Guesswork i . —by placing your savings 62 % or surplus funds in First Mortgage Notes sponsored O T by an organization of forty fiiinie o' vears' unquestioned integ- rity and ability. Janders Coe Founded JR87 1433 K Street—Main 1016 The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Estate in the Dis- trict of Columbia and Nearby Suburbs in Montgomery County, Maryland FOR 3, 5 OR 10 YEAR PERIODS 0%2% ON APPROVED SECURITY Apply RANDALL H. HAGNER & GOMPANY, MORTGAGE LoaN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9760 Apartments Office Buildings Houses Business Properties Oldest National Bank in the District of Columbi Washington’s Earliest Street Car Service —was not inaugurated until years after this bank began doing business. fThe Metropolitan has grown with the Capital, and now offers you facili- ties commensurate with the needs of a great city. Your account is invited. 3‘7(» Paid on Sauings Accounts | O Ty I} NETE KN (1] IXIR T0R 1M [l Residences. quest assured! just through luck. and Perseverange. =k o — LwrE IN - SU::‘NCI ?‘OMPA —invites applications for loans on Apart- ment Buildings, Businiess Properties and Prompt action on every re- 519, to 6% BOSSEEPHEPS Founded 1907 Resl Estate Loan Correspondent 1417 K Street—Main 9300, Unearned There is the man who is always expecting that some day—not today—he will come upon a fortune Riches Wealth is 1% Luck and 99% Hard Work, Thrift ’ Your Financial Surplus if invested in our First Mortgage Notes —will yield an annual return of 6% and in a few years you, too, will have a fortune that is interest. e result of thrift and compound ‘We shall be glad to help you solve your “Financial Problem.” Mortgege Investment Department Natifl)flal—uz Years Old : Metropolitan Bank 15th St., Opposite U. S. Treasury Equitable Co-operative Building Ass’n 46th YEAR COMPLETED Assets . $5,031,814.86 Surplus . $1,352,749.93 Subseriptions for the 90th Issue of Stock Being Received WE ADVOCATE I I I SYSTEMATIC SAVING —as a means of building up a { SHARES substantial fortune. Our sys- s 50 tematic savings plan is being 2‘ used by those who have an eye PER to the future andswho want to MONTH buy homesteads or save money “popoETEGER for other purposes. Why not you join and save with us? 915 F Street DEPENDABLE—NOT JUST “SPENDABLE” Manage properly the money you now possess. Make of it a dependable servant, more than merely a temporary purchas- ing medium. Intrust it to our 6'2% FIRST MORTGAGES Your funds in these pre- ferred, safe securities yield regular return—and at the same time remain intact for your future financial comfort. In amounts of $250 and up. B. F. SAUL CO. Main 2100 x 925 15th St. N.W,