Evening Star Newspaper, June 17, 1926, Page 31

FINANCIAL. THE EVENING STAR. WASHINGTON, D. (. THURSDAY, JUNE 17 FINANCIAL. NEw YorK cURB MARKET | (GOTTON ADVANCES "‘%fi!fi“g‘]}“s I psycuoLoGY A ; APARTMENT HOUSES Received by Private Wire Direct to The Star Office S CRINEES EHORSATY BY WILL FFE flicial: { the RESIDENCE LOANS AT LOW RATES OF. THE ' WILLIAM F. HEFFERNAN. | statement attributed to officials o FRED T. S Pan.American Petroleum and Trans- R o NBB,!I" o /, (I//’f’t— EW YORK. June 17.—The public| ;"o that no negetiations have | & 0(‘1 4 l N appetite for Horke showed no signs | EEL €0, (0 ol ween the two com- | T 2 H ?LIS::T: el ol 1. |pantes. The atatement was.made ' P ! : a e cloth bound hook written — y < of practically all classes of is-| (e ws which have been cur : Shies et on Throughout the curh et | oot rumers which hie e was| Market Is Steady at Rise of | 7 5 ; i ko with special attention again directed | feaning an interest in Columbia Syn- f b ,,_,,",“::’,:.f"“'..fn.vmm. | | to the oil shares. ibo H H dicate holdings. American Maraca 3 to 7 Pomts in Early i Lo N So much has heen said in the past|continued to he bought at higher 5 ! sopy turnished A l M [ about the outlook for companies hold- | prices, while Carib most of the time Deali Real Estate Gold Bonds || Complion :-'5.14’::'::" lasts (54 0oseve t emorial ing large concessions in South Amer. | maintained its recent gain. ealings. | ica that repetition is hardly neces.| The market for American Ravon sary to account for the persistent de- [ Products did not hear out reports that} Secured by First I Ask for S. 517 Mortgages [ | || Richard D. Wyckeft A"'”"" s"“ "" Emanating from the recent competition of mand. The increasing interest dis-|this company would figure in a Mer| By the Associated Press 3 42 Broadway hitect hes: the utiful plan for (hg plaved by large American companies | ger in the near future with other man B o | | architects, cof bea in this fleld was having its effect upon | ufacturers of rayon fabrics. Duz classg =8 K, June 17 ¢ Guaranteed i Roosevelt Memorial which will probably be e among industrial | tures opened steady: July, 17.75: | | B R TN el an WL sentiment toward the Tropical OIl| A" wan a feat 3 y stocks, several of which reached their | specialties, getting up well Over #lher, 15.35; December, 16.40; January B ! { | ’ ington Monument, close to the magnificent ll\::-! prices on the present upturn. | point to 121, Public u:{(h!h:‘!&:""": 16.36; March, 16.45. The m Pt was By This _Large blocks of Columbia Syndicate [again led by Electric Bond and Shar e L 16,45, t | rial. R x4 ofes e e T e | A rities myound T, the price gained |steady today at an advance of 3 w0}l ;he United States Fidelity 11"',':”"':‘ '2’:0"" S ‘:lho parks of the low the top of the year, despite the ' well over a point. 7 points in response to steady Liver 5 e - = s1p[Pool cables and further coverinz. O« & Guaranty Company We will gladly receive Capital City among the most picturesque of g . ¥ - e . |nn= 0 Kansas. L % 3 . NEW YORK, June ~Following | ] Q Kenturks 3 tober sold up to 16.43, with mors and give prompt attention ind sets one more stone is an pifieia] 115t of bonds and stocks il e o o ner a0 Resources, $46,000,000 B | any in the world; = # ¥ the Ds traded in on the New York Curb| 1008 O Jew Vork. 2 | vances of § to 10 points in the fi il teo applica Kington in the permanent foundation of the District Loans on Washin Market today: § 0 dnin o few minutes. The initial demand . bia. 208 0 Ohin wid 1 18% | ceqmed to be supplied heso I o Yleld 6 Real Estate of Columl ;;lrfe;r'o'k INDUSTRIAL i 30 Swan & v’m.n i 20 20 b ures and prices later 3 h 000 Vae Dil..... 10 ] pr . & 3 » . < 3Ala Gt South e st liquidation, with local and Southern | Current rates of inter Reflecting these evidences of permanence, Al &t S via Sales in RONDS. = " e vias Plus tax refund’up to 41 s s South selling based on the favorahle view id“up 2z mills est. Should you have Washington real estate continues to remain Thousands BAD of weather conditions and crop proc ; ress. October eased off to 16.30 Call or Write for Descriptive Money to Invest one of the staple values of the world, and the end of the flx)'x( hour, nctive Clveklar. we can also take care of Sivee niost saetireds by thiss renlvestite tions generally showing net losses of i gages, secu y this ) U 5 points. i you. Our experience, ex one of the most conservative investments. 1 to 5 point ‘The. rospect for shovers aver the CHAS' D. SAGER tending over a period of Swartzell, Rheem and Hensey Company for belt seemed to he considered more Thirty-Five Years fifty-seven years has handled first mortgages desirable than otherwise, althongh “ " . ) = 2 b some traders were inclinod to think Since 1906. insures your protection. on Washington property exclusively, and its that warm, dry ather would be | 924 14th Street N. W, Percy H. Russe“ CO. record for safety has endured side by side preferable in Southwestern and Cen : c . tral sections. Main 36. with the steady growth of the city. "The forenoon market s quiet. but '\, ) 926 15th St. N.W. prices gradually sagged off owinz to : = g The continued favorable character of With these future developments in view, x"h'v”h” (aM ot r"(l;'pwf, f,“;:i” A . we offer you 1rmr first mortgages and our e greater part of the belt. By m - . . K : day July was selling around 17.52 B 2 , 5 = s service on a 614 % basis. and December 16.23, net declines of B ‘ e —SNSEReP)) | . Swartzell, Rheem € Hensey Co, i a \'N:'::r‘:l?'!i::q‘:’:,‘::‘”;‘; .- | W it : ] ’ "‘ m.flmg:;fl:nkm C. SR | conon markes orened ey : Cousulemtwn T 3Gt o corn'st ! 101 101 * | day, although cables were ahou due, First trades showed gains of 1 4 i y y E to 3 points and the market continued 1/9% jrmhma:mg an ‘"(Y"l:‘“""' 87 Years Without Loss to An Investor. is the character of the or- 5 H el o i se3om —a-D3S 353 v of. Rayon Prod Seating. E m Superpow Supervow B m Sunerr, br & El ¥ Fos Frint lwr--r.mn.m pm 1 Bhes E 4 Rorden” Co 1 Botany_Cons’ M 43 Brad Fireprfs. 1 Brll Corp K 14 Bkl €ite R R 1 Buevry 1 Bar Nae & Eant ABY Prog Coks n 13Can D Ging A n 2 Car Ligh ‘i Eonuiid Co o i weos I ey Gen Aewrre Sug Cent StI 87 Cent Pin Cor i Chic Nip A, 7 Chi Nin B Tt 11 Commw P C new 800 Commn P C war A3 Coneel” Laund 2 o LIPSt o S SR AL SERSATE S —mm 1B D B to improve after the start until July traded to 16.95, October, 16.09, and De- ! et cember, 16.05; or & ,wm. on all po t ganization throngh whom itions abhove ve: | % Mortzage deal. For nearly 40 vears this steadiness was b Al Nofes institution has maintained a of rain in the Eastern belt. | - Convenient position of lrn-l in Washington r eazed off on a r al of selling i smounta ot siness circles, later eased off on a renewal UL LS busin ir hased on good crop news. Octobe: acting to 16.00 and December, At the end of the first hour the mar l ” ket awas quiet and a few points up | i from the highs.. }'wm!/d 1227 Ty 233 532 b i 4 &W G Stra irestone T 78 Df Pisione TR S0 B 1 PFPLERT i % 1% | LENTGH VALLEY PROSPEROUS.| {9 30 Suret Main 1010 A b wscsaarsstorian \y - = - 00sev 4 Dmd“}’“ Co Can k1 ound For ) - ; NEW YORK. June 17 ox nmm A" 2 8 NJ 5 281y » Jun . d Eisern B C. a 104 82 | Lehizh Valley Railroad is records every month and is prepared : to handle much larger busine . it 52 23, [every nr lette S e E. F. Loomis, "“v‘t"”“‘cfi'l‘ 7 03% | return from an ir flGnmu R&C axpected largar inco: AEVE 'En';' e, the $5.046.000 in 1925. Surplns 1 Beliman 8 vra.. charges for the first five months t year was sufficient to cover divider for the first half of the vear, amount ing to £2,100,000, despite a deficit for the first quarter of § non. 2 . Are You a Sucker? Too many people put thetr money | in day dreams and wake up broke. | < - L EOREXG\ EUV ever put vour name on the dotted thousands. 1 Andian NC_6n w101 ne until you e inquired of some one in your bank what he knows e e ——— 1 Federal Security and Mortgage Company Bue 202, 0 s a = = 2 ! g S Ten Tousand Dollars |.gf 1412 K Street, N.W. - - Washington, D. C. anish Cona 5 7% ? | Wanted for half interest in dre: C Mun 7e iw o ovensd on F street or immediate vicinity. | o reat Con E fl,s K7 . have tharough knosl, e and lone exper) 01 & . E s = by F ah 3. | g, Bibtheen: " Rdires o ¥ 6 | § But this special issue of First 61/2 . A ——-—-| & Mortgage Notes, secured on the Money to Loan | Amaurite 4 100,000 Shares 8°; Cumulative Preferred Stock, Par Value $10 Secured by firat deed of trust o reat extata. unique Foxhall Village homes, has - valling interest and cn} ion, | /" A i L of S?DD to 3 100,000 Shares of Common Stock, No Par Valu Joseph I. Weller'm, wf % $. 0% (S| sold with amazing rapidity. ] M - ¥, No o Ready Money to ‘ < BOSS PHELFS Loan onnded 107 § - : 5 e 1417 K Steeet—Main 9300 ; PORTION of the authorized stock is now being offered to \ : p the public on the following basis and may be purchased for 1st—2nd—3rd Trusts We provide suitable and satis- cash or on an attractive partial payment plan: factory solutions for your finan- i FEDERAL IAND B! el totinit., TacARte i) oo o e et o e (| Siontana seciemen o il B Poukh e & 10 Shares 80, Cumulative Preferred B atinls” Bi “Ruei° i, || find our charges tne lowest. The New Yor e Insurance Co. $10.00 par \'aluc. sivie Sane $125.00 Realty Loan Co. Offers to Make i 10 Shares Common, no par value . HIT B St NW. M First Mortgage LoallS 5 The di\{idgn‘ds are free from the normal Federal income tax and 558 o 5 oo e o) 3 T So- R0 2000907 FEREX T T I EIrrey o) i arc Wire MeCall Cor n Mid West Ul 7 Mid W Ut pfd Mid W U _or lien Py Szt FSURERT Bunans <3-Cou, n j 1 A 0 4 0 4 i 3 5 44 11 08 18 a4 12 21 19 b4 2 an 24 14 RE 3 19 4 87 42 £ 5 2 20 9 3 2 o R a L 1 3 4 4 § H 4 4 ¢ 1 15 = oo F FEIEG @ £ ™ T R 70:\ RS R A Sou Gitice o vie. 1 Sparks Withing 1% Stand Pub C A 1 Strom Car Tel 17 Stutz Mot Suiparheatar o 1k swift Tl 1 Switt & O Trumbull Sit Tubize A S R ‘K’ - e AADDMINES = ~DeD Telhiaiiarih Din 13m 33 iR et B o= =SeDus L Risseaa Mg 19m: PHDH BB DA VIR NA DA DA S D BN D 1 VWD D ARSI B D A D' the stock is free from the D. C. intangible tax. ViR On Improved Real Estate in the Dis- trict of Columbia and Nearby Suburbs in Montgomery County, "Maryland FHEFLEE omsmapssen BEEegsss METAL ;(AEKE'.[ NEW YORK. June 17 (). Coppar Slocks Glonds R OFFICERS and DIRECTORS quiet, electrolvtic, spot and futures, sy it v | S S, | 2o, e 51/2% SR amitogs d ' : DIOF SCN'W: M:8847 ; : MORRIS CAFRITZ, President unchange Lead, steady; spot, 8, Tt 15 ML Stimony, | FIRST MORTGAGES ON APPROVED SECURITY HARRY M. CRANDALL MORRIS GEWIRZ B s T e FOR SALE Apply | e po Firat Thou © M. 05 03 02 ice-Presiden ecretary Eaamen e 62% RANDALL.H. HAGNER & GCOMPANY 3 GEORGE W. HUGUELY M. D. ROSENBERG 10 Gold State . LA ;. NEW YORK, June 17 (Special).— Telephone Main 9700 Vice-Pres't.-Treas. General Counsel New York bank clearings, $983,000,000; THE TVPE OF SECURITY . New York bank balances, $137.000.000: CONSERVATIVE MORTGAGE LOAN GORRESPONDENT New York FKederal Reserve Bank INVESTORS BUY Connecti BRI In denominations of $250, $500, b ecticut Avene $750, $1,000 and upwards, secured | BAR SILVER PRICE. en jiaprovad feal sstate, sitaited |18 R. P. Andrews Hon. Edward W. Pou NEW YORK, June 7 (#).—Bar sil.| io the District of Columbia. = President, R. P. Andrews Paper Co. Member of Cangress ver, 66%; Mexican dollars JAM S Dlrec!or Bank of Commerce and 643 Louisiana Ave. N.W. Dlrector, National Bank of Wash- Pruuiem, Griffith Coa! Corperation PERFECTED Pres}";em, Merchants and Manuafae- Director, Lincoln Naticnak Rasic ales TMDEPENDENT OIL STOCKS 3 SR e i | rch B ovat, |l First : : o | PROTECTION s Assocation P 8 e 51 Mortgage A Htgher Yield . ol i : Harry Crandall Attorney-st-Law Notes— from | or a third of a century in- Vice-President, Stanley Crandall The- S db SAFE BONDS vestors have protected their chia G;"‘.' e ?‘:fi::"l e ecured by il funds—and themselves—with E. T. Chewning Lumber Dealers Improved s Moctuae Bt o | (I 88 _B. F. Saul Co. safe First Mort- Presiden, Coninental Clay Prodwes v 1 Rosenberg ine th ity of mod- | ages. Today our i 5 Attorney-at-La Real Estate bine the strong security of med : gag : Chas. A. Goldsmith Presigent, Bank of Commerce snd Director, Continental Trust Co. Savings In Washington erty with a yield considerably & 614,% FIRST MORTGAGES Director, United States Savings Bank y p g | higher than the current average I 1: f high- a Worth Double | retum on other classes of high- Morris Cafritz President, Joseph Shapire Reslty Co. grade investment bonds The Amount bonds pay offer you protection perfected President, Cafritz-Construction Ce. an— ‘7 | A Thi by the experience these years Vernon G. Owen Of the Lin 63% or 70 el have giv er[: us. In gaining it, B Propeictes TRl ORSE& S Int Rat of a ! President, Penn Oil-Compeny Director, Perpetual Building Assn. nterest Rate iriceisrsa ey ke Rs not one of our investors has Today 61%— that have resulted in our record Century ever lost a dollar, nor had his DA OSSRV R IR IR 1 BN of no loss to any investor in 53 . s Bond be reserved | | 74 investment in any way en- s may be reserve: Without a csiddl éiots Denominations of ouis. ; | mow for July investment. Send dungtseil Bl that expesivniee ‘ s ety i i acstiverines — today gives YOU added pro- C. E. MORAN & CO. S Washiagton, D.C. Parti.al Payments | ‘_‘;;;.";,‘,‘,,{,‘Z’Q,‘:{,,f"“ EockIete v tection. § iz Coplemeni R Received— | tailed " information n:mdln' e Fodersi Fiscal Agents Security and Mortgage Company. Mortgage Investment nded 1873 : S —- | w"", B. F. SAUL CO. SOUTHERN BUILDING SRy | New York. Philadelphia. Pittsbursh ‘ Buffalo, Boston, Albany, Minneapolis 2 Main 20 Wi . D.C Name . Main 2100 45 @%. 925 15th St. N.W. s ey Address ey SErEE & = male 313323 R D 31 FEET 2 oo Creole Sy 1"2 Crown Cent_Pete & Derby O Ref Y » andem OI1 ennok Oil Cor. d_Bank Oil eiter-Foster Oil. Co R gvv;‘ i3 e B fi:l’z alt Ck Cone it Ck Prod i3 awis W L Ena32n 20 B0 35 a5 a 0l e Bao=a, WSS = ‘al,: in sTANnAnn OIL ISSUES. . Chesebrieh Mfe . 17 m\ 0 Continent, Ol 3 Address.. e : \anm ot m K Lm 100 Rt Transit.... 00 Ohio A 713; 715 & 717 14th 5t. N.W. | | Main 2345 | e e | BRI I3 3= A S B 3 rajrie P L. 1 300 So_Penn O1l new 3600 S O Indiana...... *®