Evening Star Newspaper, December 15, 1926, Page 15

FINANCIAL. " FORDPLANS BG 17 PUZLETOTRADE Motor Magnate Is Confident | He Can Sell Million and Half Cars a Year. BY J. C. ROYLE. getti to be almost as Winter sport as foreca In either case ama- m extremely likely rding to the actual There is every indi- rd plants will close )¢ inventory tak- This has been tofore. The only | done hat during the differer v tirst part of L plants worked 2 of four or fiv Make no mistak self is back in the driving rs show unmistakably | ng and are running none too t the moment. Two or three lers in Detroit and some in | £ the country who have ge stocks on hand, storage is running into big_figures, thrown up the sponge. In other they have resigned the Ford But there is apparently an seace of new capital to take on the Ford representation. Ford Little Worried. Men who have talked with the senior Ford, not as interviewers but as automobile experts, declare he is nfident that he can sell a million ed over . They use this attitude | as a refulation of the reports, which have persisted in spite of denials, that Tord will present the public with a six or eight cylinder car in the near future. : Many of them insist, however, that & “double-cross” eight, which gets its | name not from its slang significance, but from the arrangement of its cyl- inders, is a possibility for next July. The automobile world is full of stories regarding amalgamations of the Ford outfit with other companjes. Those whe at least claim to be close to the big manufacturers (there are some Who say theve are none such) de- clara that Ford's experlence with the Lincoln has boen a definite -bar to any further amalgamations. Other manufacturers are reported to be willing a)-4 anxious to receive Ford into consofdations with them— provided he is mt in control. Henry Ford has bossed svery concern he.| has been associated with since he made “‘flivver” a household word throughout the world, and *many De- troiters are confident that he is not likély to change. Has $200,000,000 in Banks. His most fervid admirérs admit that he has not made as much money in 1926 ns in some former years. But that does not seem to worry the head of the Ford company. He still has some $200,000,000 in cold cash in the banks, and no one with that sum between him and the road over the hill to the poorhouse can be expected | % ;(:i i i M i % ; % REXEERERNERNERNZNERERNENERERER SR Savings Club NOW . ing THE EVENING STAR, WASHINGTON, Join Our 1927 Christmas Make next year’s Christmas gift buy- casier by preparing now. 50c to $10.00 a week at either one of our conveniently located banks. Second National Bank “The Bank of Utmost Service” 509 Seventh Street N.W. 1333 G Street N.W. 2 S0 SR 22 N e S R S N A Deposit Sele& your JANUARY INVESTMENTS now of January investments un- til January, your choice will be restricted by the heavy rein- vestment demand. IF you postpone the selection . 62 % Moreover, every day that your funds lie idle, while you are seek- ing a suitable investment, will represent a loss of income. Now you can make your selec- A Third of a Century Loss to get very much excited over a diminishing demand over a brief period. In spite of all the rumors, there- fore, the solid citizens of Detroit seem convinced that Ford will do nothing radical right away. In gen: eral the conditions in the automobile business are improving fast. ~Stocks of cars are lowering steadily, and Ford will be among the first to, feel the change. Employment engineers anticipate the Ford production in January w!l involve four days’ work a week azd wil! rise or fall from this figure ar sa‘es conditions dictate. In the meantime, Ford continues to acquire power sites in the Michigan district and elsewhere and to make plans with regard to materials and supplies, which indicate that he does not propose to take a back seat in the motor congregation. His nearest rivals are =qually busy with plans for future activity. The whole auto- mobtie situation is viewed apparently with far more alarm by stock specu- lators dealing in motor shares than by the industry itself. BUYS CURB SEAT. NEW YORK, December 15 ().— Whitam H. Fay has bought the mem- bersi:ip of William A. Hooven on the New Yors Curb Market for $30,000, an increase of 1,000 over the previous First [VJortgage Bonds Secured by busi- ness properties. Seasoned and near seasoned issues. Call or write . Marlow-Beech Corporation 1615 Conn. Ave. Pot. 6167 Over 8Y2% Yield SAFE and DEFENDABLE Collateral Trustee Certificates OoF THE NEW ENGLAND INVESTMENT TRUST, Federal National Bank of Boston, Trustee These certificates represent a particlpat- ing ownershiv in 80 dividend-paving cors rations—stocks listed on the New ork Stock Exchaore—embracing every mportunt ladustry. such as: U.'S. Steel Amer. Tet & Tel. General Motors Amer. Tobacco Consolidated Gas Eastman Kodak Standard 0ils N. Y. Central Kennecott Copper Atchison K. R. oy, Which " Include” in’ thelr manare: "'l hl{:lfll technical and llnll.Jll i available: N Booklet—-"Profitable Investmg Thauugh Diveraification’ contatng ator tmation, 01 Vital interest to the by demands. satety. Srofits. Send for sour cony Sbiization. INC. pmease THERE Without a MORTGAGES PARTIAL PAYMENT CONVENIENCE Since the aim of investment is to assure financial comfort— it seems only logical that, if possible, the investment itself be carried out with financial com- And for that reason we extend ithe option of a ten- month partial payment plan to facilitate your purchase of our 6% FIRST MORTGAGES fort! These proved-safe dependably. In Amounts of $250 and Up B. F. SAUL CO. Main 2100 . IS NO SUBSTITUTE FOR SAFETY Custom' built rvasTmenT Sucunrres WOODWARD BUILDING WASHINGTON, B.C. securities safeguard your surplus funds, and pay you 6% % per annum 925 15th St. NNW.’ i tion unrestricted, unhurried, and arrange to have the interest from your new investment start on the day your funds are available. Mail the form below for descrip- tions of our offerings of 634% First Mortgage Bonds, which may be reserved for January de- livery. NO LOSS 1o any Investor in53YEARS We also will send you two book- lets which should prove helpful to you in placing your January funds. Founded 1873 WASHINGTON: Smith Building—Main 6464 NEW YORK CHICAGO PHILADELPHIA BOSTON ST. LOUIS PYTTSBURGH BUFFALO ALBANY MINNEAPOLIS iversity ina - Standard body line 1509-1511 14th Street N.W. 1072 different lines of business use Speed Wagons. From abattoirs to yeast makers, business men find among the many Speed Wagons a type specifically suited to their needs. For those whose loads are not so heavy, there are the ton and a quarter Speed Wagons with six cylinder nim- bleness (and the four cylinder too) in a wide variety of body styles both open and closed. And for the heavier loads, the Heavy Duty Speed Wagon offers new and better transportation for those who must move greater weights at passenger car speeds— and at low costs. A postal will bring a Speed Wagon catalogue and spe- cific recommendations as to the type best suited to your own requirements. There’s a big saving in buying from a standard line. SPEED WAGON CHASSIS PRICES- at Lansing { o 4Cylinder Heavy Duty #1090 #1240 ' 91985 THE TREW MOTOR CO., INC.- JOSEPH B. TREW, President Main 4173, 4174, 4175 Open ‘Evenings and Sundays—New Service Building and Showrooms, 1437 Irving Street N.W. D. 0, WEDNESDAY, DECEMBER 15, THE F. H.SMITH CoO. 1926. FINANCIAL. A Fool and His Money. %Iloneylobo-n Secut 13 . 2 Vash. L. no proof that it is worth any more . e ‘g, oth & ¥ NW. | than ordinary wall paper. Thousands of people in Washington would have e saved their money if they simply had | asked their banker to teil them what he knew of some supposedly wonder: ful investment. Provident Mutual Life Insurance Company Funds to Loan In Small or Large Amounts at 5%, Per cent. WM. H. SAUNDERS CO., Inc. Realtors 1433 K St. NW. Main 1016-7 Prompt Action. First Mortgage Loans' Lowest Rates of Interest and Commission. Fiomas J. Fisher & Company, Inc. 738 15th Street. ! Diversify Your Holdings With Straus Bonds TRAUS BONDS are held by all classes of investors — individuals of large, moderate and small means — by banks, insurance companies, trust companies, and institutions. To a steadily increasing extent, they are bought by the experienced class of bond buyers. Straus Bonds form a class of security of proven safety which should be included in every well- diversified investment account. Yielding 5.75 to 6.25%, they will average up the interest rate and the safety of conservative holdings. We suggest diversification of your investments through the purchase of Straus Bonds. Call and i investment matters with any of our officers, or write today for - : BOOKLET 436-G S.W.STRAUS &: CO. ESTABLISHED 1882 “ INVESTMENT BONDS INCORPORATED '929 FIFTEENTH STREET Telephone Main 5847 WASHINGTON 44 YEARS WITHOUT LOSS TO ANY INVESTOR District of Columbia, Maryland and Pennsylvania Tax Refunded $750,000 Security Bond & Mortgage Company First Mortgage 6% Collateral Trust Gold Bonds, Series F Secured by Guaranteed First Mortgages on Completed Fee Simple Properties Dated Januaty 1, 1927 Due Serially January 1, 1928-1932 Coupon bonds in $1,000, $500 and $100 demominations, registerable as to principai Principal and semi-annual interest payable at the Maryland Trust Company without deduction for the amoint o, the normal Federal income tax up to 2 per cent. Bonds redeemable a' the option of the Company at any time, upon 30 days’ motice, at par and accrued interest, plus one-half of ome per cent. for each year or fraction thereof to maturity. Maryland Trust Company, Baltimore, Md., Trustee Legal Investments for National Banks BUSINESS—The Security Bond and Mortgage Company is engaged in making first mortgage loans on completed, fee simple properties in Southern states. The Company has affiliated with it several local mortgage com- panies, operating in cities in which most of its loans are made. SECURITY—The security for the bonds of this issue is threefold: (1) The bonds are the direct obligation of the Security Bond and Mortgage Com- pany; (2) they are further secured dollar for dollar by first mortgages on fee simple real estate; (3) they are still further secured by the Maryland Casualty Company’s unconditional guarantee of principal and interest on each mortgage. GUARANTEE The Maryland Casualty Company, with capital and surplus of $10,533,897.06, and resources of $39,891,827.34, guarantees uncon- ditionally the payment of principal and interest on each mortgage. LOANS—The basis of loans for the guaranteed first mortgages securing this issue was approved by the Maryland Casualty Company. The average is less than 42%. APPRAISALS—To determine the value of each property, three appraisals are made: (1) By a Bank or mortgage company in the city or town in which the property is located; (2) by the local Real Estate Board; (3) by the Secur- ity Bond and Mortgage Company. TITLES—The guarantee of the Maryland Casualty Company is made with- out reservation as to title. Each title, however, is guaranteed by a title insur- ance company acceptable to the Maryland Casualty Company; or, in places where there are no title companies, each title is examined by an attorney acceptable to the Maryland Casualty Company. TAX REFUND—The Security Bond and Mortgage Company agrees to refund any State, County or Municipal tax which a holder may be required to pay on these bonds up to 5 mills, provided written application for the "fcll:nd is made with.in two months after the due date and payment of Su tax. Legal opinions by Messrs. Janney, Ober, Slingluff & Williams, Baitimore, Md., for the bankers, and Messrs. Kay, Adams & Ragland, Jacksonville, Fla., for the Company § Bonds offered when, as and if issued PRICE: 100 and Accrued Interest to Yield 6% 3. A.W, Dglchart & Co. Investment Bankers MEMBERS BALTIMORE STOCK EXCHANGE 719 15th St., N. W. ©oal Fxchange Bldg. Goff Bui . WASHINGTON, D. . WILKES-BARRE, PA. CLARKSBUL The statements contained in this advertisement are based ou information which we regard & reliable end wers used by us as & basis for the purchase of the bonds for our own sccount.