Evening Star Newspaper, August 30, 1926, Page 25

F INTEREST CENTERS 1N & 0.BUS PLAN Many Difficulties Are to Be Ironed Qut—Traffic Con- gestion Is Problem. RBY J. C. ROYLE. Special Dispatch to The Star NEW YORK, August 30 Mmen all over the world are watching anxiously for the dev sulting from inaugus bus gervice to tr between the center of t trict of New York and its Jersey City terminal Ler 1 the agreement un- | der which the Baltimore and Ohlo used the tunnels and terminal of the Pennsylvania lines will expire. After i e und Ohio will ores and poses. world which millions of dollars for expens! tions are watching to see how new system will work. Effect on Traffic. In addition, transportation men in terested in r road, bus and k re walting to ne will have ‘the ~Railroad |\ INANCIAL, 1 run over a certain route each day in many cities. In Cleveland a lk‘ensel fee was assessed for each unit oper- ated by the Motorteria Stores Co. The company contends its business is different than that of the ice man. Merchants who pay high store rents have made protest in Detroit and Boston agajnst the operation of such ranch stores under a vendors license and have invoked the operation of zoning ordinances. GERMAN BOiIDS AND STOCKS. (Quoted in dollars per million marks.) id. Asked Ger Gt (w In) Ba 1914-18. 1100.00 1150.00 Hamburg 8148 1039, ... 9000 4% Dre-war. e 1919, 500 160.00 London. pound. . Montreal. dollar Fan Already such { ubject of bitter dis » of American cities diversif routes ¢ cording t vania, a reduction o logs and damage on will result from carria truck. It ic said the system in conjunction freight with rail service offers to shippers a complete transportation system using motor trucks for terminal work at either end and the rail Lines for inter- vening haul. The Pennsylvania pla to make the system optional with sh pers. but to ch the latter the cost of the service. But New York and Philadelphia as well as other cities alres ir streets evo and this tion. expecis drawn up at th passengers, lley Men Protest. Tn Phils bus and truc five busses have in line in a si while electric cars 1o halt except unde: lation. Th- street car men Pay heavy taxes while the husses are not charzed for occupying val street space. This protest hronght an ord hibiting more than ene bus te an or k 1 ation (imor in tion to a head in New Y Another angle has heen er in other cities. ing for a settl A o the licens be char; d_bakeries which Méney to Loan M“‘;rflevhv first d*ld' ol trust on real un U Cities Service Company l'lersx‘r.\(L.’b\gherty Gompany. = 803 Wilkins Bldg. Main 6189 E====Sayss====3 = . Prompt Action = First Mcrtgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. & 338 15th Street Stocks Bonds 0dd Lots Carvied on Margin Buck & Company —BROKERS— Fatabliched 1916 312 Evans Building 1420 N. Y. Ave. N.W. Tel. Franklin 7300 Direct Private Wires to New York PEENRER R LR R AR R WHEN an Invest- ment House possesses the confi- dence of its clients, it is just that much more valuable to " those who may be seeking an Invest- ment Connection. For over twenty vears we have con- ducted the sale of First Mortgage Se- without foeetotiprinc pali: curities interest to a single client. 713 14th Street Main 2345 RO D L G RRURIRN VAR WU E R e e e Nl MU Y U g R i e e e motor | 6 CONSTRUCTION - LOANS D. C. and Montgomery Co. FRED T. NESBIT 1010 Vermont Ave, M Unlisted Stocks &Bonds We Bfiy&SeIl | 'Mehiman & Co. !112! §t ‘W- M‘Bw FOR SALE In denominations of $250, $500, situated in the District Columbia. JAMES F. SHEA 643 Louisiana Ave. NW. We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Street LOANS We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of inter- est. Should you have Money to Invest ——we can also take care of you. Our experience, ex- tending over a period of Thirty-five Years ——insures your protection. Percy H. Russell Co. 926 15th St. NW. Y FIRST MORTGAGES | $750, $1,000 and upwards, se- | { cured on improved real estate | of | THE EVENING We Pay (0] or 1-3 more Interest than others pay on all Savings, including Savings Life In- surance Accounts, whereby vou are Insured while Sav- ing, due to our saving the® expenses and losses . of checking accounts. Unexcelled fety Because of our policy to have investgients in First Trust Loans and first grade Bonds equal to our Deposits. This is the rightful, the safest and most rigid policy for Savings Banks in any State. Central Savings Bank 710 14th Street (near G) UNDER GOVERNMENT SUPERVISION Francis M. Savage, President STAR, WASHINGTON, William D._Hoover. For Whom Are Safe Deposit Boxes at Nominal Annual Rentals Tomorrow, OFFICE! Walter M. Prescott Gatley William 1. Hoover Open Until 5:30 P.M. day and Thursday James J. Becker Woodbury Blair Wm. A. Capital & Surplus, $3,000,000.00 You Building —A Bank —Balance? —Yourself, or somebody else? Spending without heed is helping the other fellow “feather his nest.” ¢ Call a halt on improvi- dence This Pay Day and start a bank unt for yourself, in this fifty - nine - year - old bank. Practically any sum will make you a depositor. Same Rate of Interest on Large and Small Accounts Wednes- DIRECTORS: Walter Bruce Howe H. Chureh xioor Rauffmann . Charles Minshall Edmund D. Rheem Frank Steteon Frank W. Stone William L. Walker William B, Willard Savings & Trust Co. Oldest Savings Institution in Washington Cor. 15th and New York Ave. When Dollars Burn! VERY dollar that burns your hand is a direct challenge to your courage to hold on. Those same dollars, properly em- ployed through sound investment, will grow sturdily through the years —and faster than you realize. They will be your bulwar] k against emer- gency or misfortune. You can put them to work promptly and safely by investment in the First Mortgage Notes offered by Swartzell, Rheem & Hensey Com- pany. They yield 6157 and are backed by a record of fifty-seven years without loss to an investor. Swartzell, Rheem & Hensey Co,, NMortgage Barkers 72715th. Street, \.W., Washington.D.C. 57 Years Without Loss to An Investor National Metropolitan Bank Capital, Surplus and Undizided Profits, Over $1.800,000.00 15th St. Opposite U. S. Treasury—112 Years Old OLDEST NATIONAL BANK IN THE DISTRICT OF COLUMBIA O Strength and Soundness. Demonstrated fi Such a banking record as the Metropolitan holds—Qver a Century of Successful Service to the People —affords irrefutable evidence of Strength, Solidity and Sound Management. 1] Are these not the qualifications vou want YOUR . Pay Day depository to possess? Open Until 5:30 P.M. Tomorrow and Wednesday ONE DOLLAR OR MORE WILL IDENTIFY YOU WITH OUR SAVINGS DEPARTMENT 3% Paid on Savings Trust Dept.—Safe Deposit Dept.—Travelers’ Checks Rezinald S. Huidekoper | | | O VA | ! E | | i | | i FINANCITAL. D. C. MONDAY., 'AUGUST 30. 1926. Equitable Co-Operative Building Ass’n JOHN JOY EDSON, President WALTER 8. PRATT, Jr.. Secretary Organized 1879 46th YEAR PLETED $5,136,317.22 Surplus $1,406,195.76 Subscriptions for the 91st Issue of Stock Being Received 200000000000000 SAVE SYSTEMATICALLY AND BE INDEPENDENT So many folks, who would® net save otherwise, are enthusiastic about our sys- tematic Saving Plan. You, too. can join the throng of happy, carefree savers— men and women who are enjoying life now, and at the same time, layving aside something for tomorrow. 915 F Street Your Apartment Investment —the sums you spent to acquire the property— now should show you full returns. Our time-proved management can prob- ably increase your earn- ings. We attend to every detail—relieve you of all worry —and keep your tenants satisfied. B. F. SAUL CO. Main 2100 925 '15th St. N.W. SHARES $2.50 PER 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 Honses = BY50% ON APPROVED SECURITY Apply [[RaNDALL H. HAGNER &rcoxpun"' MORTGAGE LOAN GORRESPONDENT | 1321 Connecticut Avenue Telephone Main 9700 | LIFE INSURANCE COMPANY OF BOSTON, MASSACHUSKTTS —invites applications for loans on Washington real estate. Prompt action, lowest current rates. Consult-— LPS ROSSEEPHE 1417 K Street—Main 9300 Apartments Office Bulldings FOUNDED 1907 SUCCESSFUL INVESTING HE following extracts are from an article entitled “Successful Investing,” by Paul Tomlinson, financial editor of Harper’'s'Magazine, pub- lished in the current issue: “Success in the investment world depends upon being able to select investments safe as to principal and which yield the highest possible returns; by a high return we mean one higher than the average, being able in other words to do a little better by ourselves than the next man can do for himself. . . . . “In order to accomplish this goal it is not necessary to look for some new kind of bond; on the contrary the oldest form of in- vestment in the world is the one that will give us what we want. We refer, of course, to the real estate mortgage. . . . . “From the standpoint of the investor it would certainly seem as if he should have no difficulty in finding real estate bonds which in the matter of safety of principal rank with the best bonds there are. From the standpoint of yield real estate bonds generally offer a larger return than those bonds which rank equally with them when it comes to safety of principal and assured income, | “Therefore, if successful investing is measured by obtaining the most for one’s money, real estate mortgage bonds, sold by good houses and secured by good income producing properties, are worthy of the most careful consideration.” . . . . . Safety and success—these are the ends which every thoughtful investor seeks to realize, and which every investment house worthy of the name desires its cli- ents to attain. By traveling the clean,clear path that our clients could travel with us safely and successfully, and by adher- ing rigidly to policies which have proven safe and suc- cessful for 53 years, this house has gained and held the confidence of thousands of investors throughout the world. Our booklet, “Fifty-three Years of Proven Safety,” and current offerings of Smith Bonds paying 615% to 7%, will be mailed to you upon request. Ask for booklet No. 165 ) The F. H. SMITH Co. Founded 1873 . WASHINGTON - NEW YORK = PHILADELPHIA = PITTSBURGH - BOSTON BUFFALO - ALBANY - MINNEAPOLIS SMITH BUILDING - WASHINGTON, D.C. ) [NO LOss TO ANY INVESTOR IN 53 YEARS}