Evening Star Newspaper, January 17, 1927, Page 13

MONDAY, JANUARY 17, 1927 FINANCIAL. REPORT OF THE "Trist Company. of the T Money to Loan omutroller of the | Secured by first deed of trust cn real estate. Section 18, Act of iding_interest and commission, Jetober 1. 1800, for 31 D ¢ ANNUAL ton Loan | triet of o { Currency | Congress approv year ended December Tapital FINANCIAL THE EVENING STAR, WASHINGTON, COTTON IS STEADY; SPECIAL - FUND To Loan on Residence Property 67 INT! T | anttal e WM. H. SAUNDERS CO., Inc. € | “'fuiaim nded -NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office The New York Life Insurance Company Offers 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 - oy RANDALL M. HAGNER & COMPANY Incorporated MORTGAGE, LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 £1.000 000,00 1000000 00 Realtors Total expenses. K i 3o | favorable effect upon sentiment and i inelud BY WILLIAM F. HEFERNAN. | NE e e the feeling prevailed that this might | W YORK, January 17.—Although | o toligwed by higher prices for mid- | the movement of prices on the Curb | continent grades. Prairie Oil and G Exchange at the outset of the week |continued active and strong, and i i | Wlliighly drreguias of the |there was an urgent demand for there was an s |Increased Liverpool Spot| te y price changes occurred on | - Industiinl specialiies were featured | oL e ho aids of havance, The apectative |y e et imersationn| Trade Promotes Buying in | element was more emphatic in it New York Market. Silver, carrying the price to highest in bellef that the oil shares are in - 1433 K Street N.W. We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department 753.007.01 3,644 16378 | 4ees0ss00000000000 0000000 61/2% CONSULT US | afe investment of | K First | fos ‘Tunds. . Look | T | Mortgage 3 Founded 1857, 1433 K at. most Kauffmann arry_G. Meem aunders Co, Homes | more than a year when it changed | better position to respond to the favor. - hands above 115 as against last week's able outlook for the industry, and this | final of The same sort was reflected in continued strength | buying that responsible f In the prominent issues | the recent str Rand Kardex Standard Oil of Indiana was actively | was again noticeable today liia bought at new high prices for the | Motor Stocks moved sympathetical- | movement. It was pointed out that |1y with lower prices for this class of | 100 the company was in the strongest|shares on the stock exchange. Mar| position in ifs history and buying was | mon Motor cams off sharply fol-lof 2 pointe, encouraged by the fact that the price | lowing the rise of more than 9 points |, improve been comparatively | last Durant Motors and Siuiz small 1s no doubt that the | were offered at lower levels while |selling for recent upward revision of Pennsyi | Southern [ e e oW W others of the group were for the most | hedging and realizing “WE” Vi crude oil quotations was ha 7 slight! Offerings were readily absorbed by vania crude ofl quotations was having | part down slightly A Sl Keepioniland 21, |inspived by the incre spot busi ness in Liverpool ‘and the fire ruling of the late Liverpool market, however land prices rallied in early trading March =old up from 13.34 to 13.44 and July from 1 4 to 13.84 Dbefore the jend the first hour, net advances fof about 5 to 8 poi Spot sales in the were reported at 15,000 bales, 1 largest so far since the luying move ment began to expand at the begin Ining of last week. Private cables sald sentiment in the Manchester zoods trade continued optimistic, with spinners and manufacturers well under contract. in the future by investing | NOW. Notes n'w. Washington, D. C. R R R ] Fromnt Action First Mortgage Loans =~ " e Thomas J. Fisher & Company, Inc. | RELTER N BN 38 15(h Street. i HOLLONRE = - By the Associated Press i W YORK, January 17.—The cot steady tod R LARNER market opened BN B TARNER 3 points to a declin g yris of better weather an advance of The Washington Loan and Trust Company 900 F Street 620 17th Street Re; tr i WILEY | Directors. | number wtors of this company. | e cemed to promote local e action, while there was of Col 1o { 1300 aax of (Eealy Thed befors me this | 9 As S Harad ol 1053 R a9 AL 1018 TnIll% TN 100 88 TN 100 100% Ho Glan Following is a list stocks traded in on Curb Market today. honds New ot the convenience of our Tikiited Shd ok a limited amount o and | York For the clients, Gilt-Edge First ‘Mortgage Notes in amounts of $100 up bearing 6 interest Start the New Year in the Direction of Thrift BUY AN INVESTMENT No form of security safer— Few safe CHAS. D. SAGER 924 14th St. N.W. Loan Department Main 36 Sales in Equitable Co-Operative Building Ass’n ., President WALTER F. PRAT 9 1ith YEAR COM Assets $5,136,317.22 Surplus. ... . - 6 Subscriptiofis for the 92nd Issue of Stock Being Received INDUSTRIALS. % Ir., Secretary Liverpool market Am Pub 3 P N o ‘ . “ - WE TAKE PLEASURE IN A G THAT MR. OSCAR COOLICAN HAS BECOME ASSOCIATED WITH THIS FIRM MANAGER OF OUR WASHINGTON OFFICE M.-P. MURPHY & CO. MEMBERS NEW YORK STOCK EXCHANGE B NOT i B N 5 Qupern 1k 1041 e e DRy buw 90 1018 | 10878 1004 1000 N Save Systematically in the Equitable Save a portion of New Year's earnings systemical- ly in the Equitable. Watch how quickly 1 it grows New Orleans Market. NEW ORLEANS, La., (P).—Spot sales of 15,000 Liverpool and unfavorable weather reports were the main influences in the cotton market here today. The market opened steady. First trades showed gains of 1 to 4 points and after a slight decline prices were again on the advance, March trad- ing up to 13.40, May to 13.57 and July to 13.73. The market was quiet at the end of the first half hour of trading. : HEADS ARLINGTON S. C. V. J. R. Williams Elected Camp Com- mander; Succeeding Jones. Special Dispatch to The Star. CLARENDON, Va., January 17.—J. R. Williams was elected commander of Arlington Camp No. 558, Sons of Confederate Veterans, at the annual election meeting held Saturday night the home of Mrs. Mary Perkins nyder, one of the gounders of the uh iz camp. Mr. Williams succeeds Ashton A T C. Jones, who assumes the office of of 75 71, | past commander. 2 d Other elections resulted as follows 1. B. Robinson, first lieutenant com mander; J. B. Swecker, second lieu 4 tenant commander: R. Bleakley James, i T ea: . adjutant; F. R. Fravel, treasurer; W FOREIGN BONDS. J. Massie, historian; Rev. Paul Powles _ | chaplain, and Dr. R. N. Sutton, sur- 10418 | geon. aRG 26 081 10008 9715 5 o8 29 % 1014 wary 17 bales in Hundreds of Wash- ingtonians have adopt- ed our plan, and rec- ommend it highly as A means to accumu- te money. Start to- day. as Rub 5lgs Limestone 6x 1°0iL & Gan 6%s Ind P & L Gx A 103 Int Gr_Nor 5s B #8% N Bx. 124 4 Inter Paper s O8% Jed Highl € 6103 Leh Pow Ox A.. 9¥% Long Isl Lt ‘6a. 103 01 your tex Co. otex Co pld 1t Leather n Fiv "Car” A 34 1 bt ommon P n ntd Consol"G B’ 0 onsol Laund. . (omel Prod A w ‘ourtiayids. Lt artin” Pub Curtis Pub pfd. . RCVie 52 Broadway, New York -y e Fog January 17, 1927 1416 H Street N.W. 09 9K 00 14 1 Okla Na Ga, 20 Ohio P by 5 Pan Am_Pet s Ed 6 A 2K P O Ed s A 6P P&L by 3 Phil E P 0 Potomac Ed ox E Purto_ Rie Tob 65 3Dl s ww. B AL Bn... First Mortgage Loans Ohio llolie) Applications Invited at 5% % O Iprovad Propert 3 30 . COMPOUND Construction Loans INTERE ST PAID ON at Minimum Rates Glover & Flather 1508 H St. N.W. B 5 ichfid OF unga For A ox_Theaters” A Fr H H Mfg Eisemann £ ¢ reshman | C Fulton Sy ¥ Gamwell * Co Bak A B o i For Payday Depositors’ Convenience bank m S T e ) Continuity of Service A 11 Goody T 1 Grand 12 Grimes C 5 Happi € St @ Hapm ©_St .1 Hobart. Mrx 2 Imperial Tob Can 12 Ind Rayon EARLY twenty-one years ago Shannon & Luchs, Inc., com- menced selling First Mortgage Notes on a small scale. Every year brokerage business has creased—Every year we have satis- factorily served clients—and be- cause they have never lost a penny in either Principal or Interest, welf have made them our friends. —tl will Open Until 5:30 P.M. Today One Dollar Will open a Savings Account Established 1814 Nafiona’ —113 Years Old Metropolitan Bank 15th St., Opposite U. S. Treasury Completely our in- 1 Intern Utid ‘A.. in thousands. 28 Intern Util B. 12 Johns - Manv wi PT. far the Discharge of all Fiduciary Duties SHIP IN PARK. T0 BE SOLD. Buenos 2 7 Buenos Air 13 Leh Val © ofs. . . Buen 7 1% Libbey Ow Sh G11 # MacA & For C n 10 Mad sq Gar vie 3 o i Lol armon Mot § McCall Corp Mohawk. H 3 Murray Bav'n wi Mei B & B0¢ M e T 1 Nat P & L. 7 X BEEUR 6 Purmeis & 'V By the Associated Press. Miam! soon will lose another re- minder of the huricane of last year if the Navy Department receives a rea- sonable hid for the submarine chaser which was washed ashore and lies stranded in the Bay Front Park. Bids will be opened January 28 at the navy vard here. “The vessel is offered ‘as is' and “where is* without recourse,’ the con- ditions and terms of sale say. Tt must be removed by the pur- chaser within 15 days, with failure to da so penalized by forfeiture of pay- GRFAT DRAMATISTS We offer you the advantage of twenty years of Successful Investment Experience ‘est 1 OLD National Bank in the District of Columbia eonh Tz C 7% s ARt FEREEE A o prs onigitoae i Ma, ww or Bak Chile e or Bk Dnmk 8 1 onteyideo 65 A. 97 Peru o oa0al 28532255 S A D Groc B ilin. Morris Eet e SeeIle3: =25228 [ * 3 RUBBER IS LOWER. NEW YORK, January 17 (Special).— Crude rubber smoked ribbed sheets de- clined 3c at_today noon quotation of 39%. This compares with 37% a month ago and 931 a year ago. 123 P 1 S 1 1 6 3 1 ces 252 538333385 Baldness— Skepticism These actual photographs show the results of a few treatments on a Rald Head of vears duration. ’ WHY BALD HEADS ARE SO FREQUENTLY SEE The endeavor to re-grow hair on bald heads with various ‘medicines heen a_failure for eenturies past. Yet, todar. thers are some 300 various Tonics, Lotions. Oiniments, etc.. which are sold across the counters of onr Amerfean Drag 3 and there are none of which we know that possesses the ‘slighest virtue to re-grow hair. " If they did. we would not see o hald man in any theater. restaurant or public place of assembly. Until within approximately the last decade, ‘science has not understood the actual causes of Baldness, and now that it has, We have learned that most eases of not tao long standing. will yield to a specific treat: ment which deals solely with renormalizing the scalp and nourishing it back to its original health. e FRIESRITITIS 33232 1 Singer Mfe L, | 18ou Cal E B ptd 1 Sou Gas & Pow A ll‘zflu P&Ln... Sou p pid & Sou & 1, uhs’ B i Sou Pub {01 Stand P & L Stroock. & Co Stutz” Mot 4 Swift Intl. . $8wift & Co! T Export rans Lux Pic A rumbull _Stl 4 Truscon St ... % Tubize A S B vig 1 FE R e E S e O e - e, New Bond Issues * Bonds 0dd Lots Carriea on Mergin Buck & Company —BROKERS— Established 1016 312 Evans Building 1420 N. Y. Ave. N.W. Tel. Franklin 7300 Direct Private Wires to New York B FLres P e SR N, et @ Ssadbony am NEW YORK, January 17 (Special).— Public offering is being made today of the new issue of $10,500,000 Boston Consolidated Gas Co., 5 per cent de- bentures due February 1, 1947, by the Bankers’ Trust Co. and Dillon, Read & Co. The bonds are priced at 103 to vield over 4.76 per cent and the proceeds of the financing will be used for the retirement of the entire $6,000,000 par amount of the % per cent and $4,000,000 of the 514 per cent preferred stocks now outstanding and for other corporate purposes. A new issue of $8000,000 Central Hudson Gas & Electric Corporation first and refunding mortxage 5 per cent series, maturing January 1, 1957 18 announced for sale by Drexel & ¢ and Stroud & Co., Inc. The offering price is 101% to yield over 4.90 per cent. The proceeds of this issue will reimburse the corporation for its ex penditures in retiring $6,140,800 bonds of the companies’ consolidated and for certain additions and improvements already made to its properties. G. L. Ohrstrom & Co. is oftering a new issue of $5,000,000 of Peoples Light and Power Company 6 per cent debentures, due January 1, 1962, The honds are priced at 98, to vield over 6.15 per cent. Thess debentures will | he convertible at face value, on or 4 | before January 1, intoe class “A” com mon stock at the following price and including January 1, per share. ter to and including 750 per share; & Januar; 1942, $45 per share: thereaftar to |and including January 1, 1947, $50 per and thereafter to'and including anuary 1, 1952, $60 per share, he Guaranty Co., Dillon, Read & i TS o e Zamwas o Uni*Art They 8l 800t Breewt 61 as, ma, Richard B Shevidan * 1751 - 1816 H AT RICHARD I BRINSLEY BUT- LER SHERIDAN was a fop and a ladies’ man does not detract from the enduring qual- ity of his work. Rather were his social connec- tions responsible for pro- viding the backgrounds for his dramatic efforts. His “Schuol for Scandal” and “Rivals” still rank " high in the favor of theater-goers. 322,58 T BECETE CRTEpRE HAIR DOPING AND SKEPTICISM The “Haphazard Uses” of “Hair Dopes’ Skepticim” are todas_responsible for more canes of Baldneas than that of any other known cause except “DANDRUFF." It is a known fact thru research into this particular field, that very few people nre versed in the care of their hair and scalp. Too mans are too skeptical to even in- Textignte and learn from what canses their Scalp Troubles, Hair Fall, etc., are due. but they hegin frantienily “DOPING™ their sealp with varieus preparations and without any knowledze af the properties contained in ‘the medicines they are using, or whet such ingred! ir xealvs. Suupose we were lefi to the mer Patent Medicing in the treatment of Diabetes, Tuberculosis, Cancer and other 1 . £1 2 ES2RRE RS S e Saa 3! 250 FEEE EF PE R P e izmzetm 82283 MINING STOCKS. rede. 3'Anglo_Chil € N 1a% 10 Ariz_Globe Cop. .06 2 Beaver Con 8 Mines A lad i 50 Falcon Lead Min 50 Golden State f 20 Goldfid Cons. 70 Hawthorne M 1 Hecla Min 9 Kay Copper Corp Knox Divide New Cornelia pissing Noranda . 14 Patino M 5 Premier Gold M. 80 Reorz_West Div. 10 San Tor 280 Am Gold & P 50 Spearhead Gold 20 Stand_Silv Lead 1 Teck Hughes .. 10 Tonopah 1 Uni Ve 2 50 Weat E 20 West les INDEPENDENT 011 STOCKS hundreds 8¢ Am Ton Oilfids. 24 5 Am Maracaibo € 1 Ark Nat_Gas. 3 Beacon . OIf a1 Pete Free Examination and Guarantee We give you n free sclentific examination, strietly private. and without obligation. 'If your case fs heyo ihe aid of Nuture to redeem 'it, we will tell you s Therefore. we guurantee results {o those whom we nc- cent for treatment. We invite you to visit our effices and see the resnlts ‘we are getting on the heads of Wash- We neither shave or_cut the hair short, « vrocedure and proves detrimental to the functioning of the sealp. THE RESEARCH BUREAU TRICHOLOGIST 337 Southern Bldg. Main 8095 Note—Until recently cvr office was conducted under the L e ot “The Thoman Ayetems . "m0 th Baltimore Office—303 Hearst Tower Building Calvert 0011 Hours—10 AM. 0 & P.M Saturdays, 10 AM. to 4 P, . M.-P. MURPHY & CO. Members New York Stock Exchange SEVEN REASONS FOR INVESTMENT NOW IN CLASS “A” SHARES OF THE ROXY THEATER Successors to JOHN L. EDWARDS & COMPANY | . AMPLE MARGIN OF SAFETY: | Tangible property covering Class A Theater stocks are broadly distrip- | shares is appraised at about 120% of uted among Investors. Thare are some the offering price of the Issue. An- 5000 owners, located in nearly every nual net earnings are estimated at Stata In the T The Corporation over 41 times the requirement for has agreed to make application to preferred dividends on . the lIssue. list the shares on the New York Curb Strong provisions safeguard against and expects to do so at the issues of shares prior to or on a date. The shares have al- parity with Class A shares. eal market value and are e as collateral for loans in large banks i IV.READY MARKETABILITY: Roxy When Sheridan for- sook the playwright's art to become a member of Parliament, he had built up a respectable income from the Drury Lane Theater. Yet he was such a notoricusly incompe- tent business man that he could not make both ends meet on £10,000 a year. He died in comparative poverty. ) of our Fortnightly icw sent on request A co, R o 1416 H Street Northwest Market & a many 52 Broadway, New York Richmond, Va. cepta I HIGH YIELD: Class A shares are entitled to cumulative preferred cash | dividends and in addition to partic || | pating dividends with common shares. Class A shares carry preferred divi- M VA ilabl VI"VoI . e TWO DOLLARS IN || dends accumulated since December {70 an the Tnternational Atceptance First Deed of Trust PRCTECTION || 15t, 1925. Class A shares yleld at the ink, Inc., ofter for sale $1,100,000 | 1 || offering price almost 10% yearly In anish Export Credit Committee guar. | LOANS It is not what you earn | In our I | preferred cash dividends, and partici- anteed 4'% per cent gold notes due but what you save out of - 6'2% FIRST MORTGAGES serially from 1929 to 1934. The honds | | rating dividends should increase this * unconditionally guaranteed as to your earnings that counts. 1 o |_l,'-{,., I 'h: L of ey oo DE e Kine ] And wisely invested sav- | T R PR om of mark, and are priced to ||l ings are the bulwark of I ) financial independence. ! vield from 41, to 5% per cent, accord. | S e e | dends on the common stock are esti- Now, with your January funds on hand, consider mated at $4.00 per share. 615% First Mortgage Notes—offered by a house whose investors have not suffered loss in fifty- { ABRLE MANAGEMENT: Roxy esses while rand, Rivoll, Rialto “apitol are a matter of record. is the leading motlon picture of the country. At his own theater he has fullest scope for his genius. Associated with him are exs ienced and resourceful men. Serv 'pid Serv B ol Synd Send. A showman won Oil Cor Oil of Pa olaig "Cons "0 Reasonable Interest and Commission Prompt Replies to Applications JAMES F. SHEA 643 Louisiana Ave. NW. LOANS STRATEGIC LOCATION AND UNUSUAL FEATURES: The theater ts placed In the heart of the Times Square theatrical district, and yet Is removed from the vehicular conges- tion about the Square proper. The fnnovations and improvements in the theater and its equipment make it the largest and most beautiful of mo- tion ‘plcture theaters. VI investment funds are | - —your made up Rogers A syndicate whes & Ca., ashville) is offering a issue (Nashville) offering a new issue | of $£1.000.000 Davidson County, Tenn., | 415 per cent bridge maturing serially, 192 The bonds are priced to v from 4.05 to 4.30 per of Harris, | Caldwen & | new i secured by desirable local real 1. FARLY APPRECIATION: The theater reaches fts full earning || power immediately upon its opening, scheduled to take place within six weeks. Increass of market value of estate conservatively appraised the Jonds at about twice amount of Third VIL STANDARD OJL 18519 |y Humble Oil & R0 Imp O of Can 1 inter Pet € Ltd 0 0 &G 0 008 0 Ky 200 0 Nebr SONd cent underwritin, Hill. Joine ch & Inc inc.; Old Colony Tucker, Anthony & that before the fc new issue of $1 Gax and Electric ent bonds, heavily The up of 1o syndicate made & Co., Inc.: A. B, Halsey, Stuart & Corpora Co. al offering of the 500,000 Southwestern first mortgage 5 per A" the issue has eribed. " NINE QUAKES IN CALEXICO. oversy 5 Calif., vary 17 (#). Vine earthquake shocks were felt here vesterday. Residents rushed into streets when the heaviest tremor, reg. jstered at 11:05 a.m., widened fissure in buildings damaged by the major disturbance two weeks agn. Several of the recurrent tremors were of suf tion and | announces | We will gladly receive and give prompt attention il to applications for Loans on Washington Real Estate Current rates of inter- Il 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. N.W. ficient force to shake down loo bricks and rattie dishgay seven years. Swartzell Rheem & HenseyCo., geBanlzcm T127-15% St.NW. Washington.DC. ‘ears Without Loss To i an Investor e our N Century Without a Loss as sc Main 2100 THERE double security. And you enjoy full, dependable interest exactly In Amounts pf $250 and Up B. F. SAUE €O Tortgage on it. You enjoy heduled. IS NO SUBSTITUT, | Class A shares should ba consider- | able at this time. Moreover, 15% of | net earnings- after preferred divi- dends must be used to retirs Class A shares, which are not callable for less than 40% premium above offer- ing price. . | | Sand Caupen for Illustrated Booklet | Send in the co n, write, telephone or | call for information about Roxy’s great | ent . We will send youw a_ free, | Vllustrated booklet descriding Roxy's mew Theater and the securities without obligation om your part. Send the coupon mow for free booklet. STABILITY OF THE INDUS- TRY: The motion plcture business Is a billion-dollar business. The flow of cash Into the box office is steady, re- gardless of trade cycles. The eoncen- tration of a huge popu y and transient, in New York City, ia such that the wseating capacity of “first run" houses is Inadequa | Bennett, Bolster & Coghill, Inc. . 824 Investment Bid ! | Dept. X. J.-17 Washington, D, C, | | information about Roxyw mew theater and the securities of the. Rosy Tueaters Corpor- | atlon. S 1 | Name... seetemsanes