Evening Star Newspaper, December 29, 1926, Page 13

FINANCIAL. THE EVENING STAR, WASHINGTON, D. 0, WEDNESDAY, DECEMBER 29, 1926. FINANCIAL. 13 S | amount of its common stock, author- RUNS ON TWO BANKS. partment after experiencing runs. Money to Loan T {Sews EVERYMAN’S ized or outstanding, it raises the value | g JosEpH, Mo., Decomber 20 UP, | psiot Trast Co had resources of | Provident Mutual Life Loans at 5% to 5149 G |[eernim s m ot on, ot sre First Mortgage Loans f th t in the sa v . This, e owest Bowever, s not often. done. The | —The boards of directors of the Bart. |approximately $2,515,000 and the Fi- Insurance Company Joseph L. Weller *anbrans s & St | fvem oy 4 however, s not often done. The INVESTMENTS J | i&0i course 18 to increase the stock | lett Trust Co. and the Fidelity Trust | delity Trust a total of e e Funds to Loa; | as demands of expanding business re- | oy, yesterday placed their nstitutions | ©07eT, Was the second largest Mis- In Small A T l & R th f d Pt aquire. S souri bank to close this year of a n or Large Amounts y er uinerior MY GEORGE T. HUGHES. in the hands of the State finance de- | total of 56. at 5% Per cent. B it . Loan Correspondent of the WM. H. SAUNLERS CO., Inc. : Retirement of Securities. Ny, Reaitors Mutual Penefit Life Ins. Co. . o o7 , tion §s| The fact that a stock certificate s 1433 K St. NW. Main 1016-7 = l Calling of bonds for redempxme 15! printed in fancy ereen scrollwork Is SAFE FIRST MORTGAGES [ Newark, N. J. qu] a e 0- pera lve ul mg ss n a common happening el ho proof that it is worth any more : i 1520 K St. NW. Main 47% ont market. Retiring of preferred | shan ordinary wall paper. Thousands | JOHN JOY President WALTER 8. PRATT, Jr., Secretary took is;not unusual, and we have dis-| of neople in Washington would have - ¢ 1ith YEAR COMPLET! $1,10 cussed fhe recent decision to retire|cayeq their money If they simply had 9 Il 3 ,136,317.22 Surplus the preferred shares of the Standard|ggked their banker to tell them what THE “GROUNDWORK | b Economical Condltions New Jers A bond 1Ssue | he knew of s dl. nder 2 | [ *ags 2.’:“\‘3‘1,(“2.,1??} I Whole or In part. | fu mves“,’,,,:‘;’“" NPT FOR YO INVESTMENT The New York Life Insurance Company Subscriptions for the 92nd Issue of Stock Being Received Dreferred stock may_ be rv(l:e:in"fn e AR AREA S| UR ES Offers part or s a whole. hen W " F3ELOLO000LELTI000 (o gonsflcr “common stock, Bowever, | " oo Tz o Tazsuen Coupy . The groundwork of genuinely " 8 of the'pise e e e worthwhile investment is abso- Elrst Mortqage Loans | A Resolution Eiares, B0 . ng Fu 5 y PR T SN é"%ég 'l::bgn'fi-;;%: lute security for the funds in- o) for 1927 lue January 1 At T 1By the Gtkting. | g g 0oupuus ol Mhets debentiires, pATRIL ¢ vested. The g‘roundwox:k of ' On Improved Real Estate in the District of Co'umbia SHARES tion betwoen bonds and common stock the offico of the Treasurer, 105 Broadway, or your Safety when you invest and Nearby Suburbsm Montgomery County, Maryland Reboives iow o startrthi oG new @ between preferred and common inBostonathisoffice, 125 Milk Street. 1 Years, 5 Years, 10 Years oy vetematically’ iy e Stock. The bondholder 1s & crediter, | H. BLAIR-SMITH, Tressurer. n our 2.50 Eioinble, Gote Sotiget strtadiyoal) and when his m is satisfie he o ake it a pern ks es0! 1'-‘ " poration. The p Srape highily as the most effective means h s ted claim, and | IN THE . « Wi 2 0 ; MONTH most highlly as the most e e B S ti 6 et bocoralng tohel ’ OCHRISTMAS —is our own “ground work Apartments Business Properties to accumulate money v be eliminated from | i d, careful ap- mmon stockholder SAVINGS CLUB our experience D RANDALL B. Fiaaver & COMPANY | oF THE praisal of the |mproved local real Tncorporated 915 F Street brior demanis nave been met. - || FEDERAL-AMERICAN estate which secures your in- MORTGAGE LoaN GORRFESPONDENT vs then that it is impossible “Everybody’s Doing It” A Third vestment. Our appralsa] is ex- 1321 Connecticut Avenue Telephone Main 9700 bk At \-nniwnn"ws doos — atle acting. Long before you in- &t c e | ccur 15 that a corporation buys in vest, the property’s value is defi- : : . N the open market its own stock and Are You Getting 1 retires the portion acquired. but thas ||| WE PAY MORE INTEREST CoRey nitely established at approxi- on Your Savings? i he o ON SAVINGS ACCOUNTS il 3 mately twice the amount of our Than Any Other National Bank Loss Mortgage on it. . owning in Washington no divi- et e Interest on DAILY Balances DRGRaas oR i the Jagie o Come in and let us explain B F SAl l I ( rO acquire its own in lhv; 4 9 . . open market. As t acquired - TRy ame oo nd thoce thet e || Commercial Nat Bank N on 925 15th St. N.W. left. automat enhance in_value SAth aad ISt sbte Al and usually i et price. The re- B ————————————————— at s in this company Resources $17,000,000 highest price of any listed | [l GoLDEN DONALDSON. PRESIDENT THERE IS NO SUBSTITUTE FOR SAFETY on the New York Stock Exchange. Whenever a company reduces the No Speculation in 1927 Deposits made on or before January 10th will draw interest from January 1, 1927 CenTrAL: Savings Bank it 710 14th St, Near G Sk Deposit Francis M. Savage, Pres. Plus Life Boxes Under Government Supervision Insurance HERE were millions of dollars lost through speculation during 1926. Great personal sacrifice and suffering accompanied this loss. Money comes too hard these days to place it in a doubtful medium, HOME OWNERS LOANS: ¢ Business Properties to $200 within tmr day: On 1um‘fnm ap to 118 [0 two da B3 iniereet oo brokemer, 18 S 1 d have to_your property. r. 8819, Real Estate Small Loan Co. — Furniture Loan Invest your January funds in our secure First Mortgage Real Estate Notes. They assure you an annual income of 674 %. Reservations should be made immediately for January lst investments. A telephone call will avoid disappointment and waste of interest money. ON:. & LUCH Mortgage Investment Dept. 713, 715 and 717 14th St. Main 2345 New Year Investments Plan to include in your list a 1 Choose An investment which iz ae- cured by a first mortgage on improved property ideally sit- uated. Guaranteed Procurement Co. 702 Wistsict National Bank Blde. OV 7,g, HIS organization has built uplafl l‘;ighli ssle- cialized department of men qualified to handle Over 81/2% Yleld the purchase, sale or exchange of stores, SAC';E“"“ D’]:P.?.NDABLE apaitments, office buildings, vacant ground élenfi Tustee and other investment, speculative or business ertt‘rcntu properties in and around the City of Washing- lw:"g.;fdgf_l‘,” %fi%‘g‘.}“” { ton. We invite you to make usé of our services and e - of the up-to-date records of such propertlcs which we of Bollon, Tmnu maintain. Lnese certificates J ing ownership in 80 l"l'l‘mfl v!;llll cor- D tigna-—stocks listed nmn.‘..'}"u‘..a’-.’fifi,“fl?n‘" raclng overy | | Under the Personal Direction of £ U. S. Steel Amer. Tel. & Tel. | | General Motors ' Amer. Tobacet J BEN T. WEBSTER g‘c:m:lv:l‘;!‘(;fi Gas El:}m-ncl(o;llli > nda s entral | (B ; Kennmn Lop r Atchison R. R. | |3 Associates— "'u,_,«n_,;, .r::.-.-:: 2 GUY BIRCKHEAD IRVING B. NEWCOMB . [ole—=3|nle—a[nl—x=l5| B .fl ol EDW. E. CALDWELL E. CLIFTON THOMAS : B o S | JOSEPH J. CROWLEY HENRY R. WASSER thociend 107 Soue £555 alas. o | |5 EDW. S. HANDIBOE CHARLES C. KOONES fl‘jfinflld“-"l ' Second Floor—1417 K Street EE—EEEEEE—EHEE : Maturities Real Estate Available that will meet your approval First 6 months to 3 years. Oar service to you insures prompt payment of interest semi- Mortgage anncally, Mortgate Bond and Guaranty Corporation 1006 Vermont Ave.—Main 10444 e e e— e LE‘IE Q MFAN I""'S""‘ ent Securrmies ==l ROSSEEMELPS BUBINESS PROPERTIES DEPARTMENT Phone Main 9300 Listed stocks and | bonds bought and | | sold on commission. Accounts carri_ed s sovre e s | It Is Not Yet Too Late to Egar— Make January Reservations o ] | HARRIMAN & CO. ! THE January investment period is only a few days The gOOd Wl.l] Va,lue Of a SPCCd wagfln Members N. Y. Stock Exchange away. Hundreds of millions of dollars will be R W W investedin various securities by the American people, For every person that sees your place of business there The demand will be a heavy one. are a hundred — perhaps a thousand — who see your WASHINGTON OFFICE : trucks in the city streets. People are likely to judge 729 15th St. N. W. | Act in Time! your business by what they see and know of it. Telephone: Main 1603. . é That’s why so many turn to the trim smartness of the Select n:fi reserve your ]anung l:::l;n:nn: Speed Wagon to handle their deliveries. Clean in line, i, Sl Syou SEan SEes just the brisk in traffic, fast on the highways, free from the maturities you prefer. clattering din and noisy motor of many trucks, people We willigladly lny ‘aside ‘bonds for Jan i are attracted by the Speed Wagon, attracted to its Make 1927 an | delivery on request. it INVESTMENT YEAR v And you get these quality features on a vehicle whose F;r;l,lfj)r ttbe dpmpclr investment A personal conversation with one of our officers will > 't“l"iic'lle”r fll:lonom? flfll'-‘l T elf"bll“,‘fl'_g“zzaelfl dfim‘":i' of holiday funds, select a security s . . strated in millions of miles of use. e g OOKS an that combines Safety, Marketabil- help you in selecting safe investments. Or if you pre- silent performance of the Speed Wagon are there * ityand AcrractiveYield. These are fer, write for our January Investment Guide which A because of mechanical excellence, not instead of it. outstanding features of the secur- ities of the $600,000,000 Cities gives a widely diversified list of sound first mortgage ~ A Speed Wagon representative can show you the Service organization, which are | bonds, yielding 5.75 to 6.25%. 3 h i bes: fitted to your needs. Call him up today. — owned by 235,000 people. Second, take advant: f th % S - i TvElrsar Pl oyl ASK FOR BOOKLET 443-G : 2 P, {[ SPEED WAGON CHASSIS PRICES—as Lansing which you can establish an inde- 6-Cylinder Heavy Duty pendent income by setting aside 41090 01240 81985 ErieiviE ||| SW.STRAUS & CO. W - _m= Ty soton co. e BSTABLISHED 1882 INVESTMENT BONDS INCORPORATED 1509-1511 14th Street N.W. Main 4173, 4174, 4175 Send for full information ‘ Open E-mn'l and Sundays—New Service Bml‘lu and Showrooms, 929 FIFTEENTH STREET 1437 Irving Street N.W. ' g - : & Comp, nyfly = Telephone Main 5847 = PEE AGON Hem send me without nM!llflon tull e D | | 44 YEARS WITHOUT LOSS TO ANY INVESTOR 1 ;SRR R W SRR . b | L |