Evening Star Newspaper, January 25, 1927, Page 13

FINANCIA TRADING IS SLACK IN CENTER MARKET Prices in Wholesale Prod- ucts Generally Unchanged in Today’s Dealings. Prices at Center Market wholesale stands remain generally unchanged since yesterday. Trading today is slack with slight fractional reductions in top prices throughout the list. The live stock market remains practically stationary from last week. Today's Wholesale Prices. Butter—Fancy 1-pound prints, 55a 66; tub, 53a54; store packed, 30. Eggs—Fresh, selected, 42; hennery, : current receipts, 40; storage, 36a37. Poultry—Aliv Turkeys, 40a4 chickens. 80a32; White Leghorns, 20a 22; fowls, 26a27; roosters, 18; ducks 20a26; keats, 65; old, 27a28. Dressed: 47a48; poor and crooked 30a35; old toms, 35; capons, fancy, heavy, 37a40; smaller chickens, 30a32; fowls, young, 80a8s; old, 50; duc rabbits, No. 1, 35; No. 2, Meats—Beef, 15a17; lamb, 25a27; fresh ham ders, 21a22; loins, 26a28; smoked 28a30; smoked shoulders, 20. Live stock—Calves, . choice, 14a15; medium, 12a13; thin, 6a7; lambs, 13. Fruit and Vegetable Review. Today's market report on fruits and vegetables, complled by the Market News Service, Bureau of Agricultural Economics, say. Apples — Supplies liberal; demand moderate, market steady: barrels, Pennsylvania, No. 1 Yorks, 2% inches, 8.00; Virginia, No. 1 Staymans, 2% inches up, 8.00a3.50; Grimes, 3 inches, ripe, some scalded, 1.50a2.50: boxes, Washington, medium to larce size, ex tra fancy, Delicious, 3.75, few higher: bushel baskets, no sales reported. Cabhage—Supplies liberal; demand moderate, market slightly weaker; new stock, Florida, 1%-bushel ham- pers pointed type, 2.00; Texas, bulk r ton, round type, 70.00; old stock, Jew York, sacked, per hundredweight, Denish type, 1.60. Celery—Supplies moderate; demand moderate, market fairly steady; Call- fornia, crates, medium _size, mostly 6.00; large size, 5.50a5.75; Florida, 10-inch crates, some green, 3.00a3.50. Lettuce—Supplies moderate; demand moderate, market steady; Arizona and California, crates, Iceberg type, 4 doz- en, 3.50a3.75; 5 dozen, 3.00a3.25; mostly 8.25. Onions—Supplies moderate; demand moderate, market steady: Michigan ond Indiana, 100-pound sacks, yellows, U. 8. N. 1, medium to large sizos, 3.00a 8.26. breasts, : shoul- hams Potato Market Weaker. Potatoes—Supplies liberal; demand moderate, market slightly weaker; Michigan, 150-pound sacks, Russet Rtu- als, U, 8. No. 1, 4.20a4.35; mostly 4.25a 4.35: Maine, 120.pound sacks, Green Mountains, U. 8. No. 1, 2.75; 120-pound sacks, Cobblers, U. S. No. 1 size, falr quality, 3.50. Spinach—Supplies liberal; demand moderate, Texas market firm: bushel baskets, Savoy type, 1.25a1.40; South Carolina, eloth-top vencer barrels, Savoy type, quality generally good, 3,7524.00. Peppers—Supplies very light; d-- mand moderate; market steady: Florida, pepper crates, fancy stock, few wales, 4.00. String beans—Supplies very light; demand good for good stock; market steady; Florida, %-bushel baskets, n, best, 12.00; ordinary quality and condition, 7.50a8.50; wax, 6.00a 7.00. Strawberries—Supplies light; de- mand limited, market steady; Florida, pony refrigerators, missionarys, best, 60a65; poorer, H0a55 per quart. Carrots—Supplies liberal; demand moderate, market slightly weaker; Texas, bushel baskets, 1.90a2.00. ——e Washington Stock Exchange SALES Washington Gas 6s '36 ser. B—$1.000 5—S1.000 at 833 . 0 at 104, 5 at 104 . 10 at 30, 10 ut 480 AFTER CAL Washington Gas ©s '36 ser B—$500 at V. 1d.—10 at D0% . 3% . 108 cbants’ 150 Neey—Call loans, 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. R & el ctl tr. 58 R 58 ashiry Riggs Bavk & Trust Co—10 at Americ mer, Am. Tel Pot R, .Uu.cozflh & b wown G Potomac Elec Mt Ver e W. F. £ NV . & Annap. 5 on Gan Wash. Gas O e Wash. Gas 0 el Wash, Bwy, & Wash' Ry & vaflln Por” Jotn PUBLIC UTLL Nortulk & W 1“-.,mm.m_l-l';" - Wasb. Ry, & B NATION. Nattonal Capital.. Colupbi Com 1 " pld e & Mo SAmeric *Metropolitan Bank of Waxh American Security & Trust Contipental Trust Aoty Merch: h|l Ba Y United S Washingion American . Coreoran .. - Firemen Natlonal Columbia Title I tate Title b e B A Do ZLAE i ederal American com Yrederal-American Co. Nerohants: Tran & 5 er & Woodward Ex Dividend. THE EVENING STAR, WASHINGTON, D. C, TUES NEW YORK CURR MARKET Received by Private Wire Direc. o The Star Office BY WILLIAM F. HEFFERNAN. NEW YORK, January 25.—The Speculative element in the Curb Mar- ket had the sensatipnal break of the previous day in Estey Welte issues to facus its attention on as trading was resumed today. Such a drastic “cave- in” in both the the “A" and “B" shares naturally called for an ex- planation, and was a matter of con- siderable concern among actual hold- ers of the stock. The statement is- sued by officlals of the company after the close of business yesterday in which it was practically said that nothing in the situation of the com- Pany itseil warranted any change in the outlook for the future was reas- suring in itself. There was no doubt that the market operation was the work of the profes- slonal element, and was commonly ascribed to the inability of a supposed pool working in the stock to meet its requirements, with the result that the pool operation had to be suspended. Withdrawal of this influence left the Fo.lowing is a list of bonds and stocks traded in on the New York Curb Market today. Sales in INDUSTRIALS, hundreds. High ~ Low. 3 Alum Co 1% 71 B Go 1088 10iu i 417 a4 - L : Rollin: - o averbd vie pf ell Tel Co Pe pf 1 orden Co 103 Bril Cor A" Brit-Am_Tob’ con 13 Bklyn City R R. 1 Buf Niag & E 1 e, Su o o R Cen Awn Cen Pip ConeE™y ¥ ot ong G N CENOrn nd Wi 3 Consol ‘6" Bait ' 3 Consol Laund. .. feLnEty Gl ,;nfi;" : rtis Pub pid oehler Dié“c irant Mot i o SRR 5 - © IO s S o) Inc. . 2d nfd A 90 stey Wel Cor A 26 stey Wel C B, 1 Fafanio ™ S o 80 % Fanny Far Ine. 13 Forhan Co A. 1 Fox Theaters A . 2 Frank HH Mf C ’% Frank HH MC pf SRt B0 Chman - Chas. 8 Fulton ; S 8,10 e Suiaomrats 238.,358588.., Py 2 2 2 tn S o e = & bp € azeltine Cors npertal To Can A & ~rx ohns-Many | and H C A stpd Ceh Coal & Nav 1 o Pow eh Val C ety b Owens ‘Sh' 61 F AN on . Mo cCall_Cor " haw i haw oore £ i BB F3 6 FEE TS P 1st pfd 101 k) Val o :m:’; P For & boil 288 23 e TR s 2! 2, £ RER BRSR SR 3 H °3 Gne & F P Ding ‘Store. Ho Morris.. . il Morris ‘A Pillsh FI M Ine., 5 2% Pitteh & Takn P 1Pratt & Lamb 5 _1omaiereisisgzeais S2N308ERENES, 33737 et P ptd s, Store. . 2 Schulte Real Est 16 Serv EI Corp... 1 Sherwin Wms "Co ,5 Stlica Gl vic, 3 Sea wmiiSan w2 ZaadzL=R3258L08 ERE SRR i3 10 1 1 3 Bell pf. Tob. nd 18tand T P )i & Swity ot 2 Pf 16 Trane Lux Pic 4 1 Trumbull - 1.+ Tub Art S B ¥ee 1 Lam on 1 1Uni Pit Shar . Tniv: Leaf Tob Thiv Pl ¢ Dist n i S Dist 0 pf o S Grnant 00 St I A Sales in hundreds. 1 Am Explora Golden State. Goldfil Cong M 1 h 10 hio ¢ 3 7 Premier Gold M. 10 §: . .f Gold ! Lead. PFELERREFRR 50 : 60 Gal & O pfd'n. : 1600 Humble Oil & R p it P L. 1 ) tmp O of il 0 1 € Ltd 200 N Y Urausit. 400 Onto market almost entirely without sup- port and resulted in the suspension from the Phlladelphia exchange of a brokerage house Interested in the mar- ket for the stock. The market met bet- ter support today, but the recovery was negligible by comparison with the collapse. Weakness in the main body of shares on the stock exchange, coupled with the Estey Welte incident caused con- siderable uneasiness as the session progressed and lower prices were the rule in other quarters. Those who had i held out hopes for the ofl stocks no longer were displaying their willing- ness to come in on the buyi 3 the group was left to drift for itseif. Such prominent issues as Standard of Indiana, Prairfe Ofl and Gas and Ohio 0il came off readily once selling got under way, while the independents in most instances recorded losses. shares llke Fajardo and Cen- al Aguirre sympathetically af- fected by the selling of raw sugar fu- tures and Glen Alden Coal continued 2500 Prairie 0 & G 200 Prairie P L. . 60 Solar Refin. .. 100 Southern P L'n 16600 8 0 Ind . 5008 O Ky.. Nebr i 30 8 0 Oho 1900 Vacuum Oil Sales in thousands. 2 Aliied Pk 88 # Am Thread C 6s 102 YAm W W 6s A.. 101% 11 Anaconda s A. 102 6 Appal EI Pow bs 08 i 1Ark P & L Bs 5 A Sim Hard 6% 3 Beaverbd 8s . N8 10 Bell T Can 58 A 101 . ] 07 061 . 100 D6 L0 10i4 7 4 3 Chile Cob_ b Cit Serv . Tlum 6s" B pmmand L Gs ) 978 wahy Bis o B8 Det City G s 'A 107 Det Cit G bs B100Y 7 Duke Pr P 05 A 105 20 EI Refriz 6s.... 93 b Fed Sug 0s 8 1 Fed Sug %8 102 nd P & L 65 A. 103% 2 Ind P&L 63 A wi 98 L3 Int Gr No 5s B.. 99 25 Iolae Fap e 2. 90 aclede Gas 5% Lehigh Pow 65 A 08 (N8 L 7s104 102 gm, P 1, GE-M‘;} b o S O & Srta 6 Ohiz Po 5 1 0n v Pow 5 Ohio Riv Ed Bs. 7% 6 Pan’ Am Pet Gx. 100 0P O Ed 0s A ww 47 Pl By o2l By 5 Sales in FOREIGN BONDS. tholisands. - g 10 Baden 7s. L1017 10 Buen Ajres 7's '36 9614 2 Buen Alres % HUEM it o0 i ) 1y e ) ROk 007 {mn & n 76 101 16 %, lnuf 2Hu Td M 7T3a A 60 " In M Bk 78100 rupn Fried L 7 10 Lo Tietz € 714811 Low Aust 7 A M &S T4 10 Mendozu 7n wi... 00 8 Mor Bk Chile 88 00% 2 Muni Medel Rs., 104 lfi !\:un: .\}4;11-[ ;Tv(.. 04 Monteyidio 6s A 931 24 Peru ' 71, 100 1 % '51 203 Ber EE U B 6343 Cundinama 78 A 11 Danish Cons %S 3 Denmark 5 tae, 06 Fr 8t Pr G G ¥ s e A DR ix an' W Gon g x 8 M 1 78 45100 3 0 oo N 1 os i 10 1001 110 CHICAGO, January 25 (U ates Department of° Agricultomey Receipts, 43,000 head: active, dy to 5 cents lower than yester s avernge; top, 12.25 earlys bulk desirable hogs, all welghts, 12.15a12.20: fe¥ loads of mediums and strong weight butchers, lacking high finish 12.00012.10; pigs, mixed, same prices. most packing sows, 11.00a11.25: bulk desirable slaughter’ plgs, 11.7511.490: few strong welght upward heavyweight hog: dium, 11.90a12.2! light 'light, 11.75a12.2 10.75a11.50; ughter pigs, .00, Cattle—Receipts, 12,000 h ; fed steers strong to 15 cents higher; most- Iy 10 to 15 cents up on better grides: trade active on well conditioned sters and on cheaper grades she stock und ull heifers; demand broader for heayy bullocks; 1285 pald for 1,600-pound averuges; medium welght, 12.50; most fed steers, 9.00a10.50; bulls steady to easy: vealers, ts higher; largely 00414.00; few 14.50a15.00, Sheey teceipts, 17,000 b lambs around ; heavy A extreme weight fed clipped lambs eligible sheep strong; top fat ewes, 8.00; bulk, 6.25a7 feeding lambs firm; desirable fecders, 13.00; best held higher; medium ’a‘muud 12.25, mbs, 12 round 11. around EUROPEAN METHODS. s of manufa : madels suitable for for protection tariffs and “buy at home” proj re some of the competitive helping | Buropean manufacturers to establish \themselves in foreign und domest markets, says George 1. Eddins of the National Bank of Commerce in New York, discussing the status of i lustry in the bank’s February publ | cation. RUBBER IS LOWER. NEW YORK, January 25 (Special j Crude rubber, smoked ribbed sheots, { declined 1 L at today’s noon quota | tion of 383 cents. This compares | with 39 cents a month ago and 66 Neek ruffles of fur are to be a Sum- mer style in London, it is,predic | ton market opened st and are iner COTTONISSTEADY | INTRADING TODAY Early Small Advance Offset] by Lower Cables’ De- pressing Effect. By the Associ. NEW YORK 1 Press. wnuary advance of 1 to 4 points ¢ by near-month shorts, overnight bu ing orders, which appeared to hav been brought in by the comparatively steady ruling of prices yesterday, and reports of continued steadiness in the Southern spot markets. Liverpool cables were lower than due, however, while the final January were estimated at about 6,400 and the market 4 off under ion and a little Southern or about net unchanged r at the end of the with the market to 3 points low first hour. New Orleans Market. NEW ORLEANS, La., January (P).—Cotton opened steady today, wi first trades in the January position 3 points down and other months 2 to 4 points higher. Today was the last no- tice day for January in both American markets. Notices for 3,000 hales were issued here and notices were also cir culated in New York. Prices traded downward after the opening, with March at 13.46, May, 13.63, apd July, 13.80. Liverpool cables were lower than due. VAN SWERINGENS CONFER WITH C. & 0. MINORITY Meeting in New York Will Be Re- sumed Tomorrow, It is Under- stood—Secrecy Maintained. By the Associated Press. NEW YORK, January Confer- ences designed to get the approval of the minority committee of Chesapeake and Ohio stockholders for the new “Nickel Plate” merger plan have been started in this city, it w arned in Wall Street today. Meetings of the | Van Sweringens with George §. Kemp | and other members of the minority committee are understood to been held last Friday and Saturday in an uptown hotel and will be resumed here tomorrow. Considerable secrecy surrounds the meetings. It is believed, however, that the Van Sweringens are seeking to obtain the approval of Mr. Kemp and his assoclates of the revised mer- wer plan, which Is understood to con- template the substitution of the C. & O for the “Nickel Plate” as the chief unit in the consolidation. Objection: raised by C. & O. stockholder: the original plan are believed in W Street to have been largely respon for its rejection by the Interstate Commerce Commission a year ago. ¢ the new plan goes through as Wall Street understands it, a re- capitalization of Chesapeake and Ohio will be necessary to provide additional stock for which the stock of other roads may be exchanged. W.. B. & A. BONDS CLIMB NEARLY 5 POINTS IN WEEK Special Dispateh to The Star. BALTIMORE, January ington. Baltimore and Annapolis first mortgage 5 per cent honds advanced nearly five points last week on a turn- over of $245,000. The common stock moved up 9% points, with over 1,500 shares changing hands. Trans recorded on the exchange w lieved to be only a part of the to turnover when outside transactions were tiken into considers S The ¢ any port for 1926, it is understood, will show “black” figures in net operating results, and the im- provement in earnings is continuing during the present year, bankers assert. But ‘this does not explain the for- midable strength in the sccurities. A | good deal of the buying of the bonds has originated in Baltimore on the part of banking houses, which are convinced important merger develop- ments are pendinj lings in the common stock indicated concentrated buying, it was 4 rted. MEDIUM WOOL MOVE. ROSTON, January,25 (Special).—In- quiries are broadening in the Boston wool market for medium grade wools, | but otherwise the market lacks fea ture, Some hous ready are con- tracting for wool in Te operations » in advance of those in the cason. Fleece wools today were with delaine, half-blood hree-eights blood Ohio wool held 5a46 greuse basis. Quarter blood is quoted at 43. Iine territory wool is quoted at 1.08a1 cording to Jlity; French combing at 1.05a1.08; blood at 98a1.02, three-eighths blood at 89a93 arter blood at 78a82 clean ba: PLAN GREAT EXPA’N’SIONZ YORK, 5 ®)—Ww. | president of the United Clgar Stores Co., s: the organiza- | tion's chain of storcs and agencies | will be raised from 3,300 to 4,000 this | Thirty new pl already have ed. N pansion is conte York City, but most o aces will be cast of the T. Pos of the new 7 Misstsippi, WILL MAKE EVERDUR. NEW Y y 25 (#).—The American completed angements to take over from the! Du Pont Everdur Co. the manufac- | ture and erdur metal, an alloy of copper, silicon _and man- genese developed by the Du Pont Co. in a search for rust-proof metal with th nggth of steel NEW YORK, January 25 (#).—De- | troit dispatches to Wall street report] pronounced upswing n retail sales everal automobile companies. t many points are said to be ng cars as fast as received asing current orders. BIG TRADERS ABSENT. NEW YORK ry sence or Ia of several large ope blamed for the recent slupgishn the stock market Among the traders whose names loomed I ! when the “bull” market was in. full { swing were Joseph Manning, who died a few weeks ago: George Wheian, who Is on u vacation in Palm Beach wrge Breen, who is in California, and W. C. Durant, who is preparing to leave for Italy next month. | DELAWARE-LACKAWANNA. NEW YORK, January 25 (#).—De- cember 0s$ revenues of the Dela- ware, Lackawanna and Western were more than a million dollars greater than in December, 1925, while net op- | been COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY BOSTON, January 25.— Although the shoe industry of New England is reported to be making splendid prog- ress toward prosperity, the manufac- turers are proceeding cautiously. This was shown by the passing of the divi- dend of Thomas G , mak- ers of women's s , on the ground that it was necessary to conserve the cash resources of the company HAZLETON, Pa.—Unless the mild weather changes, mine operators in the anthracite duced working ticipated. hedules can be an The shipments lately have only about 63 per cent of the amount ‘consldered normal for this time of year. SACRAMENTO.—The Southern Pa- cific shops here have a construction program in view which will involve expenditure of at least $2,500,000. In 1927 the shops will build eight heavy mountain type locomotiv costing $85,000 eac with a lar, flat and box cars. R R ST. PAUL.—In o pite of extremely gold weather, prices for butter fat to vnlnl@! have been reduced to 51 cents a pound, as compared with a recent high of 55 cents, This has been done to encourage use of butter. C. M. LEVEY RESIGNS. Announces He Will Leave Western Pacific Railroad April 1. SAN FRANCISCO, January 25 (&) arles M. Levey, it of the Western ., an- nounced had tender- ation was accepted by the board of directors in a meeting in New York on Janua arid will become effective on April 1. 1 H. M. Adams, vice president of the Union § clfic Railroad Co., with head- quarters in Omaha, Nel a named his succossor, " "% Peen Mr. Levey announced that he would maintain a connection with the est ern Pacific as stant to the chaf man of the board of directors and also as a member of the directorate. EXPORTS ARE SMALLER. BALTIMORE, January 25 (Special). —Imports through the port of Balti- more last week showed an increase of $270,907 compared with the pre- viou: week, while exports declined $1,855.625 during the same period, ac- cording to -the weekly report of the collector of customs. Imports for the week totaled $1,350,009, of which $1. 245,662 was admitted duty fr 2 exports amounted to $1,399,157, 'EDERAL LAND BANK BONDs ‘Onoting by Alex Brown & <nma- closing -Maturi (Bagg sy, e i a1 a1 P —— SEFFREEETEE FORFIGN E}CHANGE (Ouotations urnished B tibbs & Co Al Sl ek London. pound. ol TREASURY CEKR.L+ICATES ted by | & W Seleman & Co.r —""Noon. Ofter Bia 100 4382 100 §.87 o 313 100 a3 00 100 9 Maturity Mar 1o 1 Jine Sen 13 [ Money to Loan cured by first deed of trust on real estate. Prevailing interest commixsio 420 Wash. L, Joseph I. Weller it Waih. 1. & RY CLEANIN PRT ol (gt 07 1211 Main 1100, 14 Tiring or enclose thls ad With ord Gl HOME FURNITURE LOANS HOME OWNERS trost ring in I‘u.:hnlnvm Ppers ¥ i ree huve 1o vor nronerty . " Real Estate Small Loan Co. Furniture Loan rd or Procurement Co. SN W 1106 A Large Fund Immediately Available For Purchase of Second Trust Notes Reasonable Discount Quick Action Loan Dept. N. L. Sansbury Co., Inc. 1418 Eye St. N.W. Main 5904 erating income rose to $1,260,345 from $814,624. Net for 1926 amounted to $19,287,962, against §14,892,121 in 1925. Gross guined’ niore than’ §5,- 000,000, v ¥ field announce that re- | Capital and Surplus. $3.000.000.00 DAY, JANUARY 25, 1927 1 CONSULT US 2 0 lor ot tnvestment of | 30 e Trthee by vincent: First e NOW, Saund . Mrigae sunders Co 887. 1433 K st ashilogton, D. C. and give prompt attention to applications for Loans on Washington Real Estate Current rates of inter- est. Should you have | Money to Invest Il —we can also take care of you. Our experience, ex- Il tending over a period of [ Thirty-five Years —insures your protection Percy H. Russell Co. 926 15th St. N.W. A Short Cut to Safety ! ALE’!TER.a postcard, ora telephone call toS.W.STRAUS & CO. is a short cut to invest- ment safety. By return mail you will receive well - diversified cur- rent offerings of thor- oughly safeguarded first mortgage bonds, yielding 5.75t06.25%. Ask for BOND LIST 452-G SW.STRAUS & CO Established 1852 Incorporated || Investment Bonds 929 FIFTEENTH STREET Telephone Main 5647 ‘WASHINGTON The Straus Hallmark on a bond stamps it at once as the premier real estate security | 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 $1,000,000.60 2/ First Mortgage Serial Gold Bonds| Provision made for payment of District of Columbia Five Mill Tax MATURITIES: 2 TO 12 YEARS 2 2 Established 1904 Incorporated [\ Cupital & Surplus Over $9,000,000 17th and H Streets, N. W. Washington, D. C. Telephonr: Main 884 (| Please send me, without obligation, | complete information regarding the 6143 Bonds you arc offering. Name. Address It's Mere Prudence —on your part, to so order your affairs that your demise will work minimum hardship Money Available For First Deed of Trust LOANS Reasonable Interest and Commission MCRTGAGE LOANS 5Y2%-6% Applications for first mort- gage loans promptly acted upon by our Loan and Investment Department. W. H. West Company Founded 1804 §16 15th St. Prompt Replies to Applications JAMES F. SHEA ana Ave. NW. The New York Life Insurance Company Offers Firs Mortgage Loans On Improved Real F and Ne tate in the District of Columbia by Suburbs in Montgomery County, Maryland 3 Years, 5 Years, 10 Years 51/2% Ravpary H. FAGNER & COMPANY Incorporated MORTGAGE LoaN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Homes Office Buildings Apartments Business Properties Profit by the Successful Experience of Others Successful investment need not necessitate the “Blazing of a Profitable Investment Path.” It is simply a matter of following the advice and tactics of al- ready successful men. You will find that a large majority have a goodly portion of their finan- cial surplus invested in First Mortgage Notes upon those you predecease. Conference with Our Trust Dept. relative to making your Will, and appointment of .an Executor or i therefore an early duty, SAFE DEPOSIT BOXES FEIR ST MORTGAGES SURPLUS FUNDS— OR A FORTUNE Regardless of the amount an investor wishes to place— whether it be a tidy sum of surplus funds, or an accummula- tion of considerable extent—the same features of absolute safety and assured yield recommend his choice of our 61,% FIRST MORTGAGES For a Third of a Century these established securities have protected and amplified the funds® of investors large and small. They are safe for you. F. SAUL CO. 925 15th St. N.W. A Third of a Century Without a Loss B. Main 2100 THERE IS NO' 'SUBSTITUT FOR SAFETY 4-Fold Diversity . Protects Your 8%% Yield From this Sound Common Stock Every share of Cities Service Company Common stock you buy makes you an investor in these four diversified, essential industries: the electric light and power industry the manufactured gas industry the natural gas industry the petroleum industry . Such excellent diversity is possible because the $600,000,000 Cities Service organization, which includes more than 100 subsidiaries operating in 30 states, is profitably engaged in all four of these essential industries. You can buy the sound, seasoned Common stock of Cities Service Company now at a price that will yield you over 8%, in cash and stock dividends—a liberal yield from a 16-year- old,readily marketable security of proved invest- ment strength. Clip the coupon for full information Henx herty |