Evening Star Newspaper, November 11, 1926, Page 15

THE EVENING STAR. WASHINGTON, D, C, THURSDAY, NOVEMBER 11, 1926. FINANCIAL, EXCHANGE SEATS UP. - NEW YORK, November 11 (P).— s FINANCIAL. through which the conductor treales] musie, Each performer must sub- his rersonal idiosyncracies, g, . ontentrate on the nims of the | The price of seats on the New York ! group, as articulated by the conductor. | Stock Exchange has risen to $160,000. | Sometimes. great soloists, of a highly | A sale at that price was announced individualistic ter t long with two others that ted for work in a Jny orchestra. Hd "tu:h‘tu ;lroxgr"’;"') r:ed e*{gfl";";"{ n’f!,'e . ast sal s 42,- Department Head's Task. {000, The ne# purchasers will not The dey head in a corporé-ihe made known until formalities REAL ESTATE LOANS FIRST TRUST 5 1 /2 % LOANS 5!/ 20/0 & 60/0 1010":‘55)[1: I:l:;. NEsnElTaasz. D. C. and Nearby Md. - tion has an us task to that of | have been completed by the com- i the conductor. He must express the [mittee on admissions Douglass & Phillips 1st & 2nd Trust polic ¢ the concern in a specific INC. | L ] ! NS S ———— — 1516 K St—Frk. 5678 nary baton, and| % FIRST -Loan Correspondents for 5 (/Z TRUST LOANS Union Central Life ON DISTRICT PROPERTY First Trusts—54% Interest Tus 7% Generous Appraisals Second Trusts—Lowest Rates ny with one another. | Insurance Company Provident Mutual Life Insurance Company Funds of Brokerage Answers in One Day THE McLEAN CO. Construction loans, 3% commission s e B ke 4985 1416 H Street e Northwest hone eall will bring representa- to your property and an im- \ wh = \ v Ao | R | | mediate dnswer. 4 g 52 Broadway, New York HOME OWNERS Dallas D. Ball Serial Gold Bonds Richmond, Va. l OANS 912 15th St. N.W. ovision made Newport News, Va. Main 8110 Col. 6856-J L i} e = Capital & Surplus Over S2000.000 We take 2nd, 3rd or 4th Flw Mlu TQX - @ Helping Business Bring in what papers vou | MaTURrmEs 27O 12 YRARs { AMERICAN BOND & | Y QThe Metropolitan is proud of the service it has so long been render- MoRTGAGE (0. ing local business, and is always Established 1904 In { cariTaL & sURPLUS OVER 88,800,000 . nd ! glad to supplement individual initia- 17th and H Streets, N. W. Washington, D. C. tive by accommodation, when meiited. MEN AND MONEY By M. S. Rukeyser. (Comvright. 19260 Secured by Jooep'l:w REAL ESTATE NOTES First and Second Trusts Purchased on IMPROVED REAL ESTATE In District of Columbia and Nearby. Maryland In Utopia, the ideal Statc, zens will pay taxes thusiasm. in Lo the citi- and en a world, however, tax less proces can pol mental ing the National . rnment by indir atlon exclusiveir. The tax den in the price of in liguors, « ties. But in th come tax, w the process Andrew W\ multimiilion Members New York Stock Bachange Succassors to JOHN L. EDWARDS & COMPANY dition reportin intere International Finance Corp. 400 Commercial Nat]l Bank Bldg. himself job e lavoid clock wateh Yet he may o] find hims a stone wall whicl < his jotion. Suck off on tan to be found in 1 tangible 1 orker finds with the person whe er to promote him, he either chang his 1 The taxpaye his job. X . there ix a if Congre <nian | u | acts on Presiden Cool e’ sugges tion to return $250,000,000 of tax pa: ments made during the current The proposed refund t amounting to 10 to 1 made p: will be who recei frittered sion of the ment, in wi clpients in First Mormce ind thus duetions. Popular. have to your property. Er. 8819, * Real Estate Small Loan Co. 01 District National Bank Blde. 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. FAGNER:& COMPANY Incorporated MORTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue ‘Telephone Main 9700 > fruits thoughtlessly antagonizing | ary surp to individ L . and, will probably ormula for promotion is com- | However, the inver-|petence in doing the job in hand plus | ity for teamwork. Venturesomeness an Asset. The ambitious worker, however, is always readv to train some one to take his place so that he can step into a better job. The employe fails to reveal capacity to do this is | | trequently held down because the de-| + | partment head fears that he can find | “|no one else to replace the good | worker. | Venturesomeness sometimes helght- ens the prospects of motions, or | at least lack of ften holds able | men in humble Several rail road presidents who worked them-| selves up from the ks can re- member among their promising men, who feared to assume the risks of promotion to jobs In which they were untried. When such the expenses of state are met from|Cautious men became chief clerks. the government's stake in the famous, A%¥ e ol D anent b, wmbling i} @tyMNcHite Keario, it | WL BUDIESPACtS of & pension after fre: $ & fine trit € the economics of | tirement. - They knew they had dem- I B e D o zovernment wisely | Onstrated thelr competence in that | B s iis o mat S to partici- | Station, and were afraid to take ad fovids revolving | Yantage of opportunities to step into ot better places hecause of uncertainty i . whether they would be able to make States on Spending. Spree. good. They would not trade a humble The typical American found that he | certainty for a more brillant uncer- was not receiving the full benefits of | tainty. ~ Such timidity, of course, the Coolidge-Meilon _economy, for,|never makes firstrate business men though U deral Government re-|The men who climbed to the top of duced its expenditures, States, coun-|the ladder, you may be sure, pos- ind municipalitics continue to | sessed not only intelligence and abil spend in unprec e |itv, but also something of the spirit peak of the spending sy of adventure. tained i 1924. T Provident Mutual Life Insurance Company Funds to Loan In Small or Large Amounts at 572 Per cent. WM. H. SAUNDERS CO., Inc. Renltors 1433 K St. N.\V‘.y Main 1016-7 ad of payers, Jle an ent lic fi Telephone: Main 834 Office Buildings Business Properties Homes Apartments 11 Our Officers Invite Your Confidences National Metropolitan Bank Oldest National Bank in District of Columbia 15th St., Opposite U. S. Treasury than ©, for it gives the taxpaver tic joviul experience of seeming to get something for nothing. | Such events in most countries come . 1f ever. However, in the prin- Monaco, adjacent to the iera, the population is per- saner free from the annoyances of the tax-gath They live a hap- py go-lucky, tax-free existence. An HOME FURNITURE LOANS From $50 to $130 if your salary Ix more than $100 month, No red tape. Two dav repald small Furniture Loan Procurement Co. No. 3 Harlow Ave.. Roesvin, Va. Across Streat From Bank Next to Reataurant to & monthly We Are Now Receiving Subscriptions for $500,000 FEDERAL-AMERICAN COMPANY GREAT deal of Invest- ounts, A ment Wisdom can be e ¥ found in after thoughts. But if Investment is to be successful your thinking must be e Are Yon a Sucker? Too many people put thelr money vear, and -ving_off almost r. In the first rrent year, the municipalities red with fn day dreams and wake up broke. Never put your name on the dotted line until you have inquired of some done prior to the choice of me- dium. Thinking Men and Women recognize the absolute safety of 6% Cumulative Preferred Stock one in your bank what he knows n | #bout some stock issue that is of- fered to you privately our— FIRST MORTGAGE SECURITIES The presence of Government activities is a vital protective factor of each Security. - At $100.00 Per Share After 30 vea rt Ulmann, Wall compiled a Wall ozen, This member of Stock E ange firm A publish the standard in the jeweiry industry. Uimann's_hobby ch. Student 1g office hours, Mr. ten several histories ccreation after the REDEMPTION— Redeemable in whole or in part any time after five years from the date of original issue, subject to a sixty-day notice to the stockholder, at $110 per share plus all unpaid accrued or accumulated dividends. Dividends will be paid quarterly on the first day of January, April, July and October of each year. After said dividend of 6 per cent has been paid, any further amount declared in divk{énds shall be paid to the holders of the common stock. to the extent of $6.00 per share and should there be any fur- ther amounts declared in dividends, there shall be declared first 1 per cent to the holders of the preferred stock. TAX EXEMPTIONS— This stock is free of the normal Federal income tax. It is also free of the local intangible tax of 5-10 of 1%, making o net 6 per cent investment. A e S TIE I AT 4TE SRR R TR o SHANNON-&-LUCH, et of 12 rules ur, who does to be a sucker overbuy ider well “the tip"—also rumors 2. When in doubt take one-half the profits. 4. h 1ling s easy. v the last eighth, nt to buy, buy This firm is in a position by are rangement with the METRO- POLITAN LIFE INSURANCE COMPANY to lend you money " on Real Estate on terms to suit sometimes, but reward. not necessarily BUSINESS— This corporation is organized for the purpose of handling first and second trust loans on real estate, builders’ loans, insurance and such special financing as may commend itself to the corporation. n the good graces of losses—also SN 6 When the market jooks down e Robert Louis Stevenson- 1850-1894 SECURITY— The company has no bonded debt, so this stock is preferred both as to assets and dividends. EARNINGS— The company began business on June 10, 1926, and earnings have from the beginnin% many times exceeded dividend re- quirements on the preferred, as shown by the statement below — OBERT LOUIS STE- B VENSON was blessed with kindly sympathy, sin- cerity and literary ability, Yet Nature withheld from him the greatest of all gifts— bodily health. The forty-four vears of his life were a cession of struggles against FINANCIAL STATEMENT as of October 30, 1926 REALTORS 809 15th St. N.W. Main 9486 LIABILITTES Accrued interest and accounts payable. ... Notes payable ., . Reserve for taxes .. Cash in bank, Accrued interest receivable. Deposit on American Building, Furniture and fixtures, . ......... illness. 165,000.00 509.00 Total Liabilities NET WORTH -$255,900.00 . 664,280.00 Yet it was not until his last six years that Stevenson became convinced that in the Preferred stock . Common stock Surplus earned tropics lay his best chances of Less dividend pai health. And on a little plan- tation in the Sandwich Islands he spent the years from 1888 to 1894, storing up sunlight in his body to ward off re- 26,711.42 119,008.06 Unearned discount . Total net worth._ ..., MORTG LoasSeeds Total Liabilities and Net Worth. . ... $1,461,825.50 ANGENS Total Resources ..o.esooveeen.... $1,461,825.50 Officers and Directors W. T. Galliher, Chairman of the Board John Poole, President Wilmer J. Waller Charles B. Lyddane Vice President Secretary-Treasurer W. F. Ham George W. Harris C. M. Hendley Ralph Jenkins Harry King Ralph W. Lee Charles B. Lyddane Louis Mackall 5. A. Maedel As Strong as the Men and Money Behind It We Have No Salesmen—We Pay No Commissions—We Give No Bonus Stock This Stock Will Be Listed on the Washington Stock Exchange lapses. YOUR INTEREST AND CURS Your regular, dependable in- terest vield from our safe 61,9, "FIRST MORTGAGES reflects the firmly established realty value which safeguards them. It is the harvest of our own attentive, protective in- terest in every phase of your investment. As specialists with a Third of a Century’s realty in- vestment experience, there is safety for you in our service. For those of us who possess good health, it is provident to save now and invest those William John Eynon Vios President Byron 8. Adams Lester A. Barr Albert E. Berry Thomas Bones Charles D. Boyer W. F. Brenizer Walter A. Brown Joshua W. Carr A. L. Clarke Charles D. Ase’t Seo'y-Aew't Treae. Arthur D. Marks John L. Newbold John Poole James Brown Scots Warner Stutler Leon Tobriner George E. Walker Wilmer J. Waller 1. Perry West Myer Cohen William Knowles Cooper John Dolph T. C. Dulin William John Eynon W. G. Galliher W. T. Galtiher Tsaac Gans Fred 8. Gichner savings carefully to protecs if ill health Our 615% First Mor are the ideal means of insur- ing this protection, because they are safe and the income is regular and liberal. should r with the reaiization tha ers given to you will be carried s enterprise is operative and the e vors subordinates about whose abi f:y to carry out their a tlere can be no douvt. To feel tha 4ob is as good as accomplished when {1.structions have been given to a par- gicular staff n.ember, s to eliminaie & gource of worry. Department heads ve them of Swartzell heem & HenseyCo., j!ortgageflankem 127-157 St.NW. Washington DC. 57 Years Without Loss To an Investor THE FEDERAL-AMERICAN COMPANY Office: 1352 G Street Bubscriptions Received at the Company Office or by Federal-American National Bank * B. F. SAUL CO. Main 2100 925 15th S& N.W. Paton wi in the expected per- gormance from the first violinist, the aver of the bass drum &nd the wind zkimmOan Every subordinate mem- Jer of the oichestra 16 au instrument THERE IS NO SUBSTITUTE FOR SAFETY \ H A S