Evening Star Newspaper, October 22, 1926, Page 31

Land ®Lackawanna and Western show mark: FINANCIAL. —— OTTON DECLINES AS SELLING GOES ON ] Increased Spot Offerings and | . Larger Crop Esitmates Have Effect. the Assaciated Pr EW YORK. Octoher Cotton | futures opaned barely steady; Decem- | bar, 12.20: January. 12.2%; March, 12.35; May. 1 July, 13.00. The market opened harely today at a decline of 2 t under a continuation of nmu\-'-i ®elling_ movement. January easing off tn 12.27 and all positions making new | low racords for the season. : Reports of Increased spot offerings | in the South late erday were a. * eompanied by increased hedging here | early today. There also was local or Wall Kireet selling. with furthar liquidation of old long accounts on reports of good weather in the South and higher crop figures, Another private repor the crop ontlook at 17.07 and ginnings to Octoher £.853.000 hales Liverpool made a fairly steady shawing early. but eased later, private cables reporting hedge selling and | lignidation. New Orieans Market. NEW ORLEANS, Octobar 27 () ~Cotton futures opened steady October, 12.16; December, 12.20: Jan- uary. 12.25; Mareh, 12.42: May, 12.58 The market opened easy today with Liverpool hetter than due and first trades showing losses of 4 1o points. Prices eased off further afte the start under pressire of overnight | selling orders with Decerber trad- | frg down to 1220, January to 12 and March to 1241, or & to 7 points nnder yesterday's close. Price: Jarer advanced 4 1o 6 points, but the undertona continued easy and near “the end of the first half hour they !were hack @ the early lows. Kxpee- 1ations of @ heavy week movement and fears of the Government report, due Monday, are the dominating in- fuiences steady | estimated 000 bales 18 At Liverpool Quotations. LIVERPOOL, October 22 (). —Cot ton—Spot, fair demand: pr e Arnerican’ striet_good muddling, gonrd middling, 730: et middling 703 middling, 630, strict low mid- dling, 6.40: Iow middling, 580: strict gond ordinary. 3.25: good ordinary. 44p. Sales 5000 hales, including 5400 Amerfean. Recepits, 8,000 halas: American, 400, Futures cloged steady October, £.5.. Dacem ber, 6.61: January, 6.67: March, £73 May, 6.84: July, £.91; Septamber, 6.97 'LIVERPOOL WEAKNESS SENDS WHEAT DOWN ‘Warmer Weather in Argentina Another Bearish Factor in Today's Dealings. By the Assoriated Pr CHICAGO. October 22 —Unexpected weakness of the Liverpnol market led to early price ceclines today in th twheat market here. Warmer weather in Argentina was a bearish factor. Rtarting unchanged to 7 off. Chicago values underwent a moderate 1 setback, but latar tended to Corn and provisions were firm- er. oate easy. with corn opening nn- changed to 3 dewn and subsequently #coring a material advance all around. Argentine reparts today told of good rains as well as warmer weather in} the wheat region. Revised official figures on wheat acreage in Argentine aré 19,700,000 acres. against 18.956.000 last year. Australian conditions were alss pictured today as favorable, with the. new wheat crop progressing nicely. On' the other hand, friends of higher prices for wheat were contending to day’ that the United States has the hest quality of wheat anywhere ob- taimable at present and at the lowest freight rates. (Gossip was also current ‘that an expected unofficlal estimate of the Canadian wheat yield this sea son would he a good deal below 36 (60,000 hushels, which was forecast in " a correspanding estimate last month ' NEW YORK PRODUCE. NEW YORK. October 2 (Special. «—The demand for State concord was rather slaw and in conss ence the market ruled dull. \Mod | Zte supplies were unloadsd. Whols cale husiness on 12.quart backets of cancords was tranacted at principaiiy b5 10 2 cents. Offerings from the Hudson Valley district realized from 53 to £21; cents Receipta of onlons were again light with trading slightly improved further sirengthened especially on fanev. Trockeddin supplies from Orange County, N peddied out thraugh the stores commission merchants at $1.75a8 100-pound bag son vellows. depending. of course npen the quality and size. At the railroad piers ahout s e 0P figure abtainahle Little activity prevailed on the market for Bartleit pears. Seckels ruled sirong. Arrivals were rather light. \Western New York bushel baskets of No. 1 Bartlette sold $1.75 tn § mainly around $2. Hudson Vallay Seckels of the same grade and containers brought as high 3 v of 35 $2 1 for celery in the rough was without decided change Altheugh fresh receipts of western ew York apples were not heavy trading was generally light, esvecially for green fruit. Grade A 213.inch Wealthvs' jobhed out at $3 to $3.50 per barrel. Rhode lIsland greenings Tafiged from $250 to $3. Twenty eunce brought from $1.50 to $2, and Melntoshes from § to 7.00, Supplies of white potatoes continued heavy. Nevertheless the undertone of tha” market was firm. with the early morning demand moderate. Upstate bulk round whites wholesaled at vari- pus railroad terminals at $4.50 to $4.75 per 180 pounds B, L. & W. EARNINGS RISE. NEW YORK, October 22 (#).—Sep- tember earnings of the Delawar ed improvement over the same month Jast vear. net aperating income rising to 31 33 from $817,398. Gross revenues were $5.011.733, an increase of $1.860,334 B RUBBER QUOTATIONS. NEW YORK. October 22 (Special). . _Crude rubber was quoted today ar 424 cents a pound. comparing with 1% last month and 102 last vear. " NEW YORK MARKETS. NEW TORK. Octoher 22 (#).—Flour steady: Spring patents. 7.50a8.00; soft Winter atraights, §.40a6.75. Rye easy york, and 1.071, cif. export. Barley Ne. 3 Western, 1084 fob New easy: malting. S1%af%3% cif New YTork. Tallow easy. special loose, 73 extra. 778 Wheat futures opened sasy; @emestic December. 1467%; Mi 1.61%. Other articles unchang! A NEW YORK CURB MARKET Received by Private Wire NEW YORK. October ~Follow- | ing is a lst of bonds and stocks traded in on the New York Curb Mar. ket today: Sales in bundreds. 1 Al Bick INDUSTRIALS. H High. | Low. L4 Cellulond Coloiax o Celotex o ptd Cont atat E nft 81, €6 e & Ro 1Co)l G&E new 19 Commons 'PE RR (u ofi i Ta Fub i Ry Die ¢ S Dubilier © & R 4% 1 4 wi a0y Mot 103 N 1y For " Fonnd tion ¥ A 10 Fox Theaters & n Ei G Ir fatte iw. A p ness € S ar El Ry "ol e Cory e . L TRRET T i 180 131 20t 1931 i3 22 LA ERLET i Nat Pu Ser R \ Cal £ FL ¢ Tel Co bt » 0 Pow States P O r Sta P € pf he Pow 1 2204 10 L Bonn oo See ann Ohio Sae pf A3 Penn Wai Pow 'C 1 Panp Drug Store 3 iy Pheln Dedge Cor 1 3 pnilin Morr s 1 Philm Morria A 1y Dillab FI M Inc 2 Pitn Boews P M 15 Droct & Gam AP cxdn 1 Puriy 24 Rand Ra' B and Ka Bu n Yy Real’ Astn " Bien 2 Rich Rad . 4 Rickenhack Mot 16 Serr El Corp. .. 1 Siaberling R C.. Singer Mte Sou Cir Fiee s & R e e SAEE St 1y Sout] 3 Sparks_ Withing 1Stutz Mot 3 Swift Intl . 1 Tampa El new & Thomp Rad vte. 3 Timken Axle ... ic A elers Ine EEy I8 7 Trane Lux h T 1 1 0 10: 1 5 1 3 1 i 3 [ 1 ) s S0 PrOESES Sonzm-d"'3 73 FEEE 23 o Pt reeetiiott- oot 4 et ottt s MIXING n hundrads, STOC EY 1enet Cone 1 Cons Cop Mines 2 Crystal Coy 3 Eng G1d M ) Eureka Cros it o 3538 5 2w fid_Co Hécla M hav Copner Cor. herr Lake Mining Canada Yussing ey =, o S0 Am G & P k Hughes 10 Min Am Ak N 5 Boacon Farh | Send it Serv new it Serv nfid olumbia “reole athy 0 & e o o Gibson ON Cor ! IR ] 18 Wex Pannco. li\‘(.mml gr‘ 1. tual ot New Bradford O w Mex Land R Pandem O11 | P Antenac Ol Wi 17 1 Pennok_0Oil Corp | 1 Reiter-Foster 01l | Tide Water Oil Tide Wat Ol nfd Canezuslan Pt n unite Eoh%neln Am on | 200 An A O non vie | 100 At1 Lobas 5 | 5300 Continent 01l n | 10 Cumberiand P 1 | 700 Humhle Ol & R 1000 Tmp O of Can n 232355 COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY | | | DUROIS. Pa.. October Twenty- two hundred miners will return to| work next week in the seven mines of the Northeastern Mining and E: change Co. The mines, like many athers in the central Pennsylvania bi- | fuminous fields, have been idle since | last Spring | ATLANTA - Johnson & .lohnson, makers of gauze handages and ah-| sorbent cotton, have purchased 4,000 acres near Gainesville and will eom- mence At ance construction of the first | unit of a $10,000,000 textile city | where 2.000 werkers will he emplaved. | The plant will take the place of the one now cperated at Chicopee, Mass DETROIT. Final production fig- | ures of Chevrolet Motor Car Co. for the last month show an output of &1.- 158 ca and trucke, a new monthly | record and the largest number of | three-speed cars e produced in one month by any company. Produc- tien for the first nine months totals 323,281 unots, eclipsing the half-mil- lion production of the entire vear of 1925, LODI. Calif.—Co-operative Grape Juice Co. is completing a large plant here to salvage wine or “juice’ | grapes which are not deemed profit- able to market. Since prohibition | thousands of tons of grapes have been wasted annually towards the close of the season when fruit was too soft to ehip or markets were overburdened. FORT WORTH —Under stimula- tion of the increase in the Panhand west Texas oil production in the last week reached new records, with an average of 343080 barrels a 4a. | perfod “to the | turer needs [a profit to the farmer, not | of supply which has been in evidence | eum took no action vesterdav | ess for extracting nitrate, is near com- |is 170,000,000 kroner / Y THE EVENIN CROPS LIKELY HIT Direct to The Star Office 400 Inter_Per ¢ Lia o0 Ny Transit 00 Fuel.. Penn_ Me. 300 Prairvie 0 &G n. 400 South Penn Oil n 1500 870 i anos o 38 i g s0d 0 XY T £300 Vatudm 4 euaC ausiany e EF SIEEE Many Tomato Plants Be- lieved Nipped—Marine Prod- ucts in Demand Today. CumT—duew ZEL3RIR2ERE e F e 3 usands. 1 Alum 78 n Am Gas & » ©S03% o 32233 FEEES ! Local dealers in frufts and vese- | tables are awaiting reports from near- by Maryland and Virginia farmers as to the damage done by the heavy frost this morning. Growers from nearby places reaching the market this morn- ing reported the heavy frosts in their sections as possibly kaving done dam age. They left their homes so early. | however, that they were unable to tell | the extent of the probable damage. | It is believed that the frost nipped fomato plania and probably ruined {many of them. The damsge to the | tomato crop will not be great. it is i stated. because it is too late for the |1ate vegetable to mature. There still 1s a moderate supply of »g! 2322833235 3322303233 S33I52R5RR8R03RR N i Beaverboard S 'y 1 Bost & Ma #s M 10013 Can Xat Ry ze. 111 €an Pac Ry 49t 8 1 Ok 83 Cal Per Y1 e b 3 20 Rerv Ta D113 ommiand Tar B @R 15 L Cudany 8t 91 15 f: FESTET FE SESGERES SIS 5 3Z oo oovesSo-: Se! o 1 Guir._Ront 3w Gl six Pet al . demand making rthe market steady. » | Sixteen-quart baskets were quoted at i3 cents and $1 this morning, some few fancy tomatoes hringing $1.25. Marine products were in demand thix morning. all varieties of fish find- !ing ready sale at prevailing prices. | Frosty weather this morning increased {the demand for oysters. Today's Wholesale Prices. Butter—Fang one-pound 51a52: tub, 49 store packed. 38. Fresh, selected, 43: henner current receipts, 40a4; =to age. 33a39. Poultry., chickens, H H 0 Cent 43,8 0 Laiestone B R nd P& 1'0s A Wt Gr Nor S R il Reva TCP 3Tya & 0 Lehigh Pow Hs A 0 Loewa Ine 8y 1 1 It I 1 masss @i s2ZoIncen 113 white ~ Leghorna, roosters, 20; ducks, : keats. voung. 30a Dressed—Turkeys, 45a 30: chckens, 32a38; keats, youns, 80a 90; old. 49a50. Meats—Beef, 18a19; veal, 22:8lamb, 20a30; fresh hams. 29a30: shoulders, smoked hams, 33a ; smoked shoulders, 22a23. Live stock—(Calves. cholee, 1 dium, 13a14; thin. 7a8: lamba, 1213214, Fruit and Vegetable Review. Today's market report on frujts And vegetahles, compiled hy the Market News Service, Rurean of Agricultural Economis, says: Apples—Supplies lihera moderate, market stead: tie S1] B A7 an Am Pei 8¢ Dix Cem a Ohin Ed A« hil EP 51 ey 323 1 n ands 1Andi N © 1 Antinqua 12 Antindia 3 Basno Air & Buanns Air 7 1 Berl CE 81,0 % 2 Burm & Wain A Cukana 6: 1 exira fancy, Delicious. moatly | extra fanev' Jonathans, 2 haskets. Marviand No. 1. Deliclous. 2% inches up. 1 A.. 4 Maryland and LU o jVirginia No. 1. varions varieties, inland_&1,% 4 4 medium to large size. 75a1.00. gres L Erae) N { Cabbage—Supplies moderate; ¥ mand light, market stead York. bulk. per ton. Danish tvpe. 26.00 228.00; Pennsylvania. bulk, per ton. | Danish tvpe. 28.00a30.00. * | moderate, i Yor! Sopoo9nT 22353335 market 3 crates, 2.50a; quality, 2, full crates, fair q and condition, 2.50a3.00. Grapes—Supplies heav i flow, market weak: New javart climax haskets, iagaras and Delawares. lity, demand York, Concord 15a17: 1 1| quart elimax baskets, Concords and | Niagara, mo: | quart climax | higher. Lettuce—Supplies moderate: | mand moderata, market stead fornia, crates, iceberg type, 4-5 dozen, lhel!. mostly 3.50a4.00, few higher: fair quality and condition, 3.5 | | Onions—Supplies light: demand light. market steady: Michigan 160 pound sack lows, T. 8. No. 1, 2.00: Iy 65c: Michigan, haskets, 58a60; A 2 NEW YORK. Oetober . (#).—Net Income of the Marland Oil Co for nine ' months this vear increased to $13,719 Il g - 70 beto-s Federal taxes. svhich argiNew York. 1.75a2.00, mostly 2.00. at 330.000, compared with| Pears—Supplies lght: demand light. 029 in the same period of 1825, | market steady: sales from cold stor 1s equal to $6.74 a share on 1.926,. | 18¢; bushel baskets Rartletts, good shares. agal $6.57 a share on|Quality and condition, 2.502.75: ripe vear ago. FE. W. Marland. president, ‘A“':';;u:“;;( l:;"!';.?“"ca» ?52:2?’}. boxes 1.885.850 shares a year ago. E. W. Lndenipdd » 9.(0A4.1 Marland. president, sald $23.000,000 mf“’;t-‘t?u—sln}‘nne liberal: demand has been expended on additions "‘hsme;un’d' "’:‘{_9'"""“ : Michigan property In the nine months and | MLPORTE SACKS, russert rurals, {35 would reach $33.000,000 for the vear. |l2N NG Vor Wl Brill Co. declared a dividend | S\Weet potatees—Supplies liheral: de $2iN1% in dabiave f6n ithe Imand light. market steady: North ot g o) from \aven [Carolina and East Shore Virginia, . 2 icloth-top gtave barrels, vellows No. 1, 1 to October 1 adjusting the dividend | {10012 fave barrels calendar vear. It s’ (. to stock of rec. | Cauliffower—Supplies moderate: de- payable November 1, | gt ord, October 3. This continuss 'hplE::: ‘1‘,',2:“d"':;:f,‘,":n“d;t,‘.‘\2')\,:’"'" $5 annual rate which was being paid | Tomatoes—Supplies moderater when the Rrill corporation acquired {mand moderate, market stead A majority of fts common and pre-lquart haskets, homegrowns ferred stocks |fexw faney. 1. i 5 . | String heans—Supplies libaral: de. Net earnings of Magma Conner for | mang' light, marker dull: Virgina the nine monthe of 1926 were $1.347.- |\Narfolk sectton, 5-peck h: i 773, hefore depreciation and Federal | oo oS0, AReCK hampers, taxes, against $1.491,736 a year ago.| i ’ i Gerrish H. Milliken, president of | Dearing Milliken & Ca.. which sells An output of more than 900,000 cotton pindles, has written Fugens Meyer 1.0 SHORT-TERM SECURITIES. (Renorted he J. & W. Seligman & rn. 5 STAR.. WASHINGTON, D. C. BY HEAVY FROST {total United States shipments, 1,407 ! : sacked lextras, 47: standard. | 41a46: {tomatoes in the market. the moderate | | — prints. | NEW EQUIPMENT BOUGHT. BOSTON, October 22 (Special).— There have been heavy expenditures for new equipment to replace obsolete machinery in New England. according { to officials of the Crompton Knowles Loom Works. This buying has not been confined to textile plants. This is taken to indicate the future of all Industry in New England is brighten- ng. " POTATO MARKET FIRM. GO, October 22 (#).—Pota- toes—Receipts, 141 cars; on track, 381: | trading fair: market firm: Wisconsin | round whites, 2.20a2.60; bulk, :_Minnesota sacked round 2 : Minnesota-North Dakota sacked Red River Ohifos, 2.75a 3.15; Idaho sacked Russets, 2.83a3.10: Colorado sacked Brown Beauties, 3. 23.20: Michigan bulk round whites, mostly 2.50, BUTTER IS HIGHER. CHICAGO. October 22 (#). —Butter higher: receipts, 5.883 tubs: creamery 43; extra firsts, seconds, 33a3f. receipts, 4.795 cases. firsts, 391524 Eggs unchange Construction LOANS D. C. and Maryland FRED T. NESBIT 1010 Vermont A M. 9392 Provident Mutual Life Insurance Company Funds to Loan In Small or Large Amounts at 51 Per Cent WM. H. SAUNDERS CO., Inc. Realtors- 1433 K St. NW. Main 1016-7 | | | il 85,000 to 310,000 tow | de. | 18 | WE FINANCE | —all clasees of incomea-producing properts, | Large Loans a Specialty me- | .|ll Higbie & Richardson, Inc. Current int. rate and commission RI16 15th St. N.V Yearly Life Insurance salesmen do not wait for prospects. Every one has been sold on Insurance ages ago. If you can sell vour own individuality to prosperous men and women, 1 have something of interest to offer. George E. Keeler Investment Bldg. LOANS improved real in the D. C. Prompt atteition to applications. Current rates of interest. [CHANNON_& LUCH 713 14th Street Main 2345 On estate [|G. M.-P. MURPHY]!| Members New York Stock Exchange Successors to JOHN L. EDWARDS & COMPANY 1416 H Street Northwest 52 Broadway, New York Richmond, Va. Newport News, Va. —~—Nnon, Worer ir.. chairman of President Coolidge's | clal cotton eommittee. that cotton | Adiron. P & 1. € 6 manufacturers were anxions to do | AmTrar e e ok evervthing in their power to aid the l Anaconda ('nlv‘pev L1} profitable production of cotton in the | Aireiai#d OIl fs 1935 e Balty Ohin B )2 South. “That the eotton manufae. | Honrat oriad® o Thas i a steady <upply of | Can. Nor. Ry. € & a prire which will show | ngiral of Georgia e k N of T the oind 6 o | cont Fin j4 533.53303! 333:333333 & I cotton at " for the last four or five years, pamely. very short and very large crops abnormally high or fow prices.” | &reat Xorthern ' Gulf 0)) Co. Pa 3 { Hershas Chae. Cn Petrol. | Rurible Oil S1,8 193" Massa. Gas Co. 8 on the | Maorris & Co. 7120 193 resumption f common dividends, | New York Tel 8 1 which the Street had anticipated. The | Qrefon Short Line regular quarterly of £1.75 o the pre. | g Pact ferred was authorized. fal L) R T A T Common stock of the Anglo-Chilean | Consolidated Nitrate Corporation will | he issued November 1 to holders of its 7 per ceft sinking fund debenture bonds in the ratio of 7l; shares for each $1.000 hond. The Bankers' Trust Co.. trustee. is arranging the trans- action. The company's new plant, which will use the Guggenheim proc. | ctors of Midcontinent BEPEE 3333290930330233333325; SEEE TTnion Oil Ca. of Cal. Tnion Pac K.R Un. Lt & Pow. € T S. Rubber 815s . & Smelting Co 8 retinghouss E4M, Wise. C ] IERIEIRIET & F 133TR%:2323222333258332 3333320 93309333333-033 323233232233332332233% Fazie £ 32 pletien. Operat start before January ns are expected to T ket. which has been depressed - for some time. touching 511; cents an_ ounce this week. is|,. thowing an iniproved tone. Yester. | day's qu;llllon MAs it cents fan | KaiCo et Brokin ounce. eports were current that 2 e . large private transactions had heen | Far <'a Mx " made at cents. 1 Intn)’ Hare ‘ofd hnl AE propf. Net profit_of GuIF States Steel for ReR.CoTron b the nine months this vear declined fo | X" L i $564.041, equal after preferred divi- dends to $3.67 A share on the com. | mon stock, compared with $77%,524, or $5.3% a share on the common, in the corresponding period of 1925. Third- quarter net was $148.285. against| $160.018 the quarter before and $210,- 732 in the third quarter last year, The silver ma: 000 | ooodo, R0k’ 3 2O, Prorce. Batler 4 Fierce, 87 ot @ 20, o ~ § 011-0-Matie. b2 Sov: *Pavable in prefarred stock. FOREIGN EXCHANGE. (Quetations furnished by W. B Hibbs &Ce ) s olo oo © American Bosch Magneto reports | profit of $244.143 for the nine month: of 1326, equal to $1.17 a share on 207. 399 no-par shares, compared with | $305.453, or £2.20 a share. on 138,265 | P: shares in the same period last year. BANKS REFUSE DEPOSITS. OSLO. Norway, October 22 (Special). -Increased krone exchange and the stagnation of world commerce have caused the heaping up of money in the banks to such an exten. that th banks refuse to accept further d posits. The difference between the loan account and the depo account to the latter's favor. With 184,000,000 kroner in cash | aceounts, there has heen a gereral de- mand for a reduced bank rate to stim ulate trade. urich, frane drach TREASURY CERTIFICATES. (Reported by J. & W. Seligmgn & Cn.) (Coprricht. 192 3 —is making pr Hashington r lowest current its local corresp FRIDAY, OCTOBER 22 OSSEEPHE FOUNDED 1907 1417 K Street—Main 9300 1926. CRUCIBLE STEEL ORDERS. NEW YORK, October 22 (#).—Gen- eral orders and shipments of the Cru- cible Steel Corporgtion are at the highest rate of any period since 1930, says Horace S. Wilkinson, chairman. Orders for the first half of October of high-grade finished steel show an increase of 2,300 tons over the first half of Saptember. SILVER QUOTATIONS. NEW YORK, October 22 (#).—Rar Mexican dollars, 393 Bonds 0dd Lote Carried on Murgin Buck & Company —BROKERS— Established, 1916 312 Evans Building 1420 N. Y. Ave. NW. Tel. Franklin 7300 Direet Private Wires to New York We Will Loan at 537 Eeonomic Conditions Tyler & Rutherford Toan Correspondent of the Mutual Benefit Life Ins. Co. Newark, N. J. 1018 Vermont Ave. M. 415 Continental Trust Co. 14th and H Streets Capital $1,000,000.00 Checking Accounts Savings Accounts Time Deposits Foreign Exchange Commercial Credits - Travelers’ Credits Travelers’ Cheques Acceptance Credits Collections Real Estate Loans Collateral Loans Investment Securities Corporate Trusts Individual Trusts Administrator, Executor Safe Deposit Boxes Continental Trust Co. 14th and H Streets Capital $1,000,000.00 STANLEY-CRANDALL COMPANY OF WASHINGTOM 1st Mtge. 6% Sinking Fund Gold Bonds Due Aug. 1, 1946 Guaranteed principal and interest by Stanley Company of America. Price upon request EDWARD B. SMITH & CO. 1508 H S$t., N.W., Washington HUembers New York Siock Excnange LLFE INSURANCE COMPANY OF BOSTON, MASSACHUSETTS compt loans on cal estate at rates, through LPS |/ Thi limited. features which been offered ouomt il pn you. we will supply complete fact; Capital Investment & Guarantee Co.. Build- D. e to Investment ing. Washingion, Gentlemen Send me hy return mail taining complete facts reg Bank Mail expense. supplied. th ur folder the American Realty provement Co. vers special It _has certain other any obligation “erties can be_inspected at our below for full infermation g - fing 1he 51500001 non-catiable 'participaing greferred stock arue of m; Tet e‘a E Your meney —you can_participate in the aetual profits of the spienuiw gromp of apartment houses and Rotels. which have long n on a vers By making only amall first pament plan. - quire_an interest ve you vei neome. 1 ypu get the security of a mortgage hond together with the profit-sharing nessibilities 00d real estate invest- Washington. The apartment ' houses ‘omorisine | the leet ofter_is e never investors o ou with e prop- group are located on some the mest valuable and selee! sites in the hest ssetinns of Washington. That is why i vest: this laree gre references e coupon 1. co » 57 FINANCIAL. ON DISTRICT PROPERTY Provident Mutual Life Insurance Company Funds THE McLEAN TO. 1515 K St NWo Frk, 1121 | Your Banker Knows. | When in doubt about a security consult your banker. It is equally i much his interest as yours to protect vour savings. You trust him with your deposits w 2nd TRUST NOTES I have $45,000.00 Special Fund for immediate investment. FRED T. NESBIT 1010 Vermont A Money to Loan Secured by first deed of trust on real estate. ling interest and com: . Weller 1525 G 5 TN Experience Every Apartment Managed by Us —receives the fact-based, experienced supervision which we, as rental special- ists. have perfected during a third of a century. The greatest profit opportuni- ties lie in well judged management. Profit through us. B. F. SAUL CO. Main 2100 925 15th St. N.W. The New York Life Insurance Company First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Suburbs in Montgomery County, Maryland 3 Years, 5 Years, 10 Years 5%% RANDALL H. AAGNER:& GOMPANY Incorporated MORTGAGE LoaN GORRESPONDENT 1321 Connecticut Avenue ' Telephone Main 9700 Homes Apartments Office Buildings Business Preperti Equitable Co-Operative Building Ass'n JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary Organized 1879 16th YEAR COMPLETED Assets ...$5,136,317.22 Surplus .. $1,406,495.76 Subscriptions for the 91st Issue of Stock Being Received You Can Breathe More Freely— —a few years hence if vou start saving systematically in the Equitable. It's not how much you make a week, but hew much vou save that counts most. Thipk of the *money vou've wasted foolishly—think what vou would have had if you had saved that money in the Equitable. Don't dela: another day. join the Eaquitable's s tematic plan of saving and STICK TO IT. 915 F Street SHARES $2.50 PER MONTH E Old Established ' Investment Houses of outstanding Honesty and Integrity have always protgcted their clients by making only Conservative Loans. For over twenty years we have conducted A Confidence and Faith In- spiring First Mortgage Investment Business. Every customer has profited by purchase of our Securities. Protection for Valuable Papers at a Minimum Cost— Insurance policies will become mis- laid — valuable documents will get lost —other valuables will be stolen UNLESS you have them in a safe place. Isn't a certain peace of mind worth something to vou? Absolute safety for valuables iz vours for less than ONE CENT A DAY. Rent one of our Safe Deposit Boxes for $3.00 a year and up- wards. o Service at Either Bank Second National Bank “The Bank of Utmost Service” 509 Seventh Street N.W, 1333 G Street N.W,