Evening Star Newspaper, February 11, 1927, Page 15

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W e . , ; v CLASS 1-RAILROADS BRRN | a o T I s e Banker Mmoot Mioey. 2o Loan{ {5 | n ubt abot a urity | Seenred by first l--d of trust on | mBES ARE STEADY ‘ e RANGE 1S NARROW 2.5 ecr. on invesruent | Real el |- T AL T PR ) g ":.“.;“::i# ¥ : 5 L “.3 nd and 8rd Trusts. Reasonable rates. your savings. You trust him with 1N MARKEI TUBAY: following is a list of bonds and -nm(lu traded in f’“ the New York 186 Lines Show Better Profits in ey your deposits —why not trust him lN [}Ul |UN MARKE.I- 1926 Than in Preceding Year, ||| PEOPLES FINANCE CO. ||| &8 your investment problems? Pml ident Mémnlmlflf’, Yarb ket to | 1010 Vermont Ave., Rm. 508, Maln 2008 nsurance Lomp: s i st Mortgage Loans| “\"%uil.. h Hig) 2 < ERoSEREISIEE FESTTERESEEE A net railway operating income of In Small or Large Amounts ; i | $1,231,494,000, or a return of 5.13 per DUDDDDDDDDDDDDD at 5% Per c Rallies From Slight Reoes-\l. bttt . rvemment s O HOME FURNETURE Quick Action || ww. i ShcKDERS T, tnc. shown by class 1 railroads in 1926, the | sions Attributed to Even- ' . Feonomics.” un : Brodie and Colbert, Inc. | 1433 K se. W™ Main 10167 ing Up of Small Accounts, |ating income in 1625 was ‘;‘1"235'232 MEEFC O . oL NN ) S or 4.85 per cent on the property in- vestment, which is fixed as the value 'HOME OWNERS f the road and equipm The com- 00, withi By the Assoclated Press. b quipment. The com Up t6 3200. day i, it g i pilation as to earnings in 1926 is "Ybl(‘;v"’".‘ Taceres: o | NBW YORK, February 11.—The|based on reports from 186 class 1 rail o, oy ‘-s.‘i""".‘di'-.’l cotton market opened steady today at representing a total mileage of 1o your | home. " o7, doue owm our a deeline of 3 to 6 points, May selling | 237471. o oo, X% Bonay ropalg emel comae )] 8] off to 14.02 and Octoberto 14.41, under AR i e e nues L 1928 o Ren EIS '"';::'&' 9 j IJO 13 Butter Very Firm — Egg Values Continue Tending » Toward Lower Levels. ooprsocsoooce 2zCoosroiszeooosos 23SERSIRESERRRES @2 The New York Life Insurance Company Offers to Make A very firm condition of the butter market was reported this morning Prices in New York and Chicago have advanced this week, but the local market was not affected The egg market continues weak, 81 cents being the lowest price re- " o 4 oo ({ ported for current receipts. Increased ors Thii 1 81 § punS realizing or liquidation promoted by | 4.2 per cent over the $6.189 2 [0 WosGSEN relatively easy Liverpool cables and | Oberating revenues for 1925. Operat- changed the condition of the mar 3 Borden y 1 L yepvel vl o prospects for somewhat better weather | INE eXbenses in 1926 aggregated. $4 DDDDDDGDDDDDD On Improved Real Estate in the District of Columbia ket, and continued open weather may 0 By o o8 o | 4 Sloy Shett s n the Bouth. 717,490.000, compared “nth $4,548,600,: [——— S and Nearby Suhurhs in Montgomery County, Md, i further lowering of prices. o E si . an increase of 2.9, per cent. ar terms on your e e hann B | v A little Southern selling was ab- | Maintenince expenditiires . of for 3 5. 10 3o = nada Coment 138 4 1 SON Y rbed by . < pric ailro; | i e et i atuiars ndmeny anada Cement f A 108 9812 | sorbed by trade buying to fix prices, s 1) a e :‘;‘tr otive offerings of fish from the ehhulow Ve no ¥y § 308 1 5} i and the market held steady during 67,679,000, an_ increg Stocks Bonds Home 1 Office Building Potomac River and far distant points. « ::' J\‘x.nulr:m( 19018 14 E o o 3 | the fivst hour, prices showing slight 000, or rer cent, ‘upd roads paid ot Tén O FRgTe ! g & Oysters continued plentiful, and there E vy % 2 3ol ralties from the lowest. A good deal |out $394,370,000 in taxes, an increase n Curvies on Nery®s Apartment 2 0 Business Property o.. 71 % of the business was attributed to the | of $30,780,000, or 8.5 per cent, above " were liberal supplies of crab meat & N > 01 ie Guif of Mexico and the , e 3 Wabasl [ ¢ |evening-up of small accounts in prep- | the total tax bill in 1925. B i Ve ; ! b é:":"':'\ A ] | wratlon for the adjournment over Lin- | Class 1 railroads in Das . uc 2 ompany Apply Prices of most commodities this G NY D ol wi inc Ceut 58 09, § coln’s birthday, or pending action in |trict had a net operating income of s=ARGEERS— e ars b e aa prices: reof i -} feanipuis Se i e | PORBIGN BONDA. Waimwton e farin et i (Sl B T e Extablished 1916 1| RanDAarry. . HAGNER & COMPANY oyt Clirts Pub in thousands, o T o e on their property i Al o pariad eatonany 3 'n:«l'”l" r.‘.'n. i 18Aud Na, € 68 ww 103 2 calling and covering, which absorbed | Koads In the Southern disty 312 Evans Building MORTGAGE LoAN GORRESPONDEND roday’s Wholesale Prices. 22 Dixon Cruct 5 n g bo * 0 hedge selling in Liverpool, and that | net operating income in 1926 3 1420 N. Y. Ave. NW. i il Butier—Fresh, 1-pound print, % Dominlon. St ', 5 { 2 c 9ok Dbk more idle looms were belng restarted | 659,000, which wus at the rate of 1. fptlis i 1321 Connecticut Avenue Telephone Main 9700 store packed, 3 Dubilier ¢ & Ao i, Le. 3 in the Manchester cotton mills. turn of 5.48 per cemt on their prop- Tel. Franklin 7300 Dunhill _Intl New Opleas Misliats: erty investment. | Direct Private Wires to New York The rate of return for all the'na axcszocooshose SZEFESERESI3R o S Pt few says ¢ i 10 Richad Oil 8s 2 Teceipts of eggs the past few d : bt 8 B 21 Sepvel Dal u. w EE PECAPEES FEIG SEF § FiiSd SFEE selected, hen. 8 Durant Mot i 4 1 7 by “ eipts. 31 4 5 NEW ORLEANS, Fehiuary 11 (#) L s 0 B & Sh o Cor iR iy : g NE LIRS, ‘ - | railroads, the bureau sa as a Foultry - 2 urkeys, ' 35ad : g 3 ; i | Prospects for pamage of the Me: | iied 450 per cent por Year oeer the B o S, e S R O T e e i B R T Ko " Equitable Co-Operative Bulldmg Ass'n 3 old, 3 . i a9 showing eariy loss of 1 to pulnm WALTER RA' Botrdiaiy old toms, Sran’ Mot e 34 : 3ias: oy v | Mrely Sededt p. T SO0 My 14,05 UNION OIL PROFIT UP. |{ A Business Speculation T ‘:JN‘ Ry 13th YE 85; fowls, 28a30; fancy, heavy 24 Ford Mot Co is 78, 21y 102 and July 14.34, 1 to points above $7a40; smaller, 30a32; fowls, 28a30; TRor T bere A 2 vesterday's close. The market was ,136,317.22 . Surplus. . keats, voung, 80: old, 50; ducks, tF‘r‘Ttd Eige R € P Vo g | quiet while waiting further news from 1.OS ANGF ebruaryt. 11 P, | Ofienng a ~Real Subscnptlons fm, the 92nd Issue of S!uck Bemg Recelved 28a30: chicken: 243 . n-h”h:(nnnn a0y A an X 1 8 8 » Washington on the farm relief bill, L—The annuat report of the Union Oil 3 usion ki i M nh and also due to the Lincoln holiday | Co. of California shows net profits |§ - Opportunity for Meats RPF! 5 lamb, 2 ; fresh hat tomorrow. New York and New Or- |for. the the vear 1026 of $11,831,618, ders, 21a 2 ked ha “:\; : leans markets will be closed. an increase of $1,318412 over that of | l‘."'e Returns tal’t oaa S 1925, This is equivelant to earnings | 5 of $3.12 per sitare as ngainst $2.78 he product {s a pro- 28a30 s s, 2 W Gen an(urlz e gy L 1 i FOREIGNERS BUYING |z v By ke £ Saving Systematically Tive stock—Calves 3 g AR Production for t Ve 1 for ‘the yéar amountad peal with powerful adver- e medium, 11a13; thin, 7a8 Jambs, Fruit and Vegetable Re\'lrw. 2 Goebel to 16,066,842 barrels, an_increase of % | 9 A 5 9 3 8 o g . o 3 Grodvear T & R % 5 S e D1 10 i tist avi . r's market report on fruits and 1 Grand $ 4 b LR ,‘" o " o MANY FRENGH BONDS 706,202 barrels over the previous year. sing ‘advantages. tha.t Whether you are vegetables, complled by the Market 1 § fato itam o L n,k Resources in cash and Government Dl e, e SO z hetide Just a small por- News Service Bureau of Agricultural 3 ne oo i bonds amounted to $18,608,978, an in- Economics, says: & I Coner crease of §4,713 el or to complete your 4 i a 19 Kertt Khlein B2 5 ove D% N o 3 A P . fl"(“"\“":w".‘“;‘f*.‘ d';’,“:‘f‘\. h B 9 b Ut 515 Wice €4 105 Government Intervenes, Seeing e 1t you can afford to take children’s education, deposited regularly *Ex d : reasonable chance wi SRY s Sy ISR e and "‘“"‘"‘( N e Menace in Movement—Germans PRICES ON PARIS BOURSE, el siap ! it you'll find the Equi- . will in time grow to 2.50a P\\ X - 2 . P . N & L n : % February 11 (P).—Prices profits, investigate this of- table’s tematic substantial 32N nches Wp; ol i S CHICAGO LIVE STOCK MARKET Are Heaviest Buyers. e ffrezular on the Bourse today tering. ! saving ‘plan.a valu- s Lok s s g (“ghm Siiges. 28 3 Mead Johnson® wi 2. | CHICAGO, February 11 (United Ho Three. per cent rente: [ i s Bl SHlam il Start now and stick 0: few low as 1.50; by ! ! ercantile. St . 101 States Department of Argiculture).— 5 © [change on London ress Box 450-D, able ai ) accumu B R s ine e, eee ‘*l‘ etro Chain, S :,r'- 3 3% Hogs—Receipts, 28,000 head; fairly ac- | By the Associated Press centimes; 5 per cent 3 s Star Office late money. " Delicious, few, 3.15: wome rive, 1300 Waat® d ’ " | tive: generally 15 to 25 lower than yes- February ~ 11.—Foreign | 50 The doilar was guoted | extra fancy Staymans, 2.28 12 opawk H Pow 3 asag 1 terday’s average; spots 40c or more s rticularly Germans, 25 francs, 453 centimes, 1 F St ; o ) s Hohawk H' 2 lower on butchers, as compared with | have been buying up French govrn W e .5 9 ree ' o8 THO! 3 . best time; top, 12.20 paid for choice | ment and corporation bonds in such m:“",*‘;"‘fi;";l;mfi;;;k,;“;,;fi:‘twg‘: S 160-pound weight; bulk, 140 to 200 | volume that the government has de GETS DENVER FRANCHISE. 2 . 2 » S v 0 G NRR 20% 29% | pound averages, 11.90a12.15; most 210 | cided to intervene. The Paris-Lyons- ANVER, Febr , c l T C kv stk SHAMA e cin i SMoaitesrancan Railroad Co. has been'|ion oy VAR, iFebraary:2 11 4 5 ontinental Irust Co. Py P tion ‘of your salary FELNEE to 240 pound butchers, 11.65a11 The bl pers. pointed type, 1.25a1.50, poorer t 4 LU g LR £ diaen public - servi 5 n gl ot gt 50 to 300 pound averages, 11.55a | asked to suspend its issie of Uit B Dy e i g T My 150 rnaduasat. ron rihe . 11.65: bulk packing sows, mostly |bonds because too many of them are Jor i as f o e 14th and H Streets Sove. 15003.90, pocesr. low s 175 e 330 | heavies, 10.50a10.75; most slaughter | finding their way to Berlin, pitsite il satilain b Sem | - . old stock, New York, sacked, per hun- 3 e 0, 9 pigs, 11.50a1 selected strongweight, | Foreign buyers ‘turned toward | apout $500,000 in piping natural gas Capital $1,000,000.00 > % i 12.00: heavyweight hogs, 11.50a11.70| French securitics when it ‘became | o Danver from the north Texas fleide | dredweight, Danish type, , g pal’ e o Mo xas 4 . medium, 11.60a12.00 11, ‘15| evident tnat the Poincare government | ¢ \ii) g . | A o y light “light, 11 ; pick ! | intended to halt the rise in the franc | ing" the benma pamie, Soms improv Checking Accounts | arriman ompainy e ey Celery—Supplies moderate; d R LT A 10.40a11.00} slaughter pigs, 11.23a12.00. | quotation. It was seen that foreign | — i b : Cattle—Receipts, 3,000 head: most | investors in bonds might beriefit by Savings Accounts INITY BUILDING, 111 Broadway, NEW YORK | TR! v, fornia, crates, 4.73a5.25; Florida, 10- T o i oha s B0, daw 10:dszen, Al e rs n 3 S i i g classes steady to strong: bulls | the increase in their market ‘value, & o slow, weak: fat steers scayce, best |due to the improved position of the WE FINANCE Time Deposits few leads, 11.00a11.50; bulk, 9.00 | franc and the general strengthening of “lasser of (ncoma-producing nranerty| Foreign Exchange " " r ce's position. ; o e . cake fed, 10.80: | M ie: Aovernment Intervened o Large Loans & Sveciaity Commercial Credits _ JI1| MEMBERS NEW YORK STOCK EXCHANGE, Current it rate and ~emmiesion 9.75; stockers and feeders, firm, 7.03a | (o the danger that these securities Currer , d B “ToSt. rhedlum. bl 8 008 might some day be thrown upon the | || Higbie & Richardson, Inc. Travelers’ Credits H0818:50: out Vi [ market by their foreign owne 1 816 15th St. N. N 50a13.50; outuiders upward | AFKEL BY (et el O e & o< C18 SOMR B PRV ! Travelers’ Cheques I s MPANSACT Sheep—Receipts, 14, . very | exchanged for foreign c . 2 s : o 5 4 oy p:;l'ml:wl‘t‘::nln):::: atol) | upsetting French exchange. Consid- M Acceptance. Credits A GENERAL BROKERAGE AND oney to Loan odi ( I - ) 2.7 53 1959 low as 1.50. Lettuce—8Supplies heav demand moderate; market slightly weaker; California, crates, Iceberg type, 4-dozen, 2.75a3.00; Florida, 1% -bushel hampers, big Boston type, wide range prices, 1.00a2.25, best mostly 2.00, Onions Fairly Steady. Onions—Supplies light; demand moderate, market fairly steady; Michi- gan, 100-pound sacks, vellows, U. §. No. 1, large size, 3.50; Ohio and In- diana, 100-pound sacks, Yellows, 8. No. 1, medium to large size, 3.0, Powloes——suppfles liberal; demand moderate, market steady; Michigan, 150-pound sacks Russet Rurals, U. S. No. 1, 4.00a4.15; Maine, 120-pound -ck! Gmen Mountains, U. 8. No. 1, 0a3.60; New.York, 150-pound saeks Round “hflen‘ U. 8. No. 1, 3.75a4.00. A Spinach-—Supplies liberal; demand moderate, market slightly weaker; Texas, bushel baskets, Savoy type, 85a ~ R » e . Hzmie o (o NPt i SR 350t 2552 sin FriAS e mron ESBRERE . Calaon d 3 oweS e eS8 iR L EET e PR s steady; top, to shippers, 13.25udesirable | STobIe realizing by foveign holders of Collections i lambs, - 12.75013.00; few ; heavy dambs | (T€RCL ponds has followed,the goy- o) ¥ 3] | 5 < 7 ] & FATH B DT oty e S b | erninent's attion. Socured by ra deod of, st on Real ‘Estate’ Loans | STOCK EXCHANGE BUSINESS fat ewes unchanged; desirable ewes, i . A Prevailing interest and _commissiol -Collateral Loans 7.50a8.50; feeding lam! steady: choi fixmw:xgm Toniss heldiabont 18,005 0b. FROFIT 18 SROWN, Ho);u TWB:‘:“S.C:,":?-" Investment Securities sirable Kind mostly 12.50a12.75: medi-| NEW YORK, February 11 (#) 75 m Main 352, Corporate Trusts ;’;E’-_.s_]'ghl“?""m and good heavies, _“’"'-”‘" to net los m_‘n )“f‘l prephas i X e Al ot { WASHINGTON OFFICE il A . 7 3 equal to 6 cents a e » NORTHERN PIPE LINE. share.” 5 s Loans at 57 to 5%7 { Admlmstrator., Executor || 729 15th Street N.W. NEW YORK, February 11 UP.— EXTEND DEPOSIT TIME. = | Economical Cond | +Safe Deposit Boxes | Telephone: Main 1603 - ] Northern Pipe Line Co. ear .37 1.00, mostly 85a90; South Carolina, nosvh n:rni” 1”9';‘6, a::lm:: 3’7‘.‘7’5"?,"[&3, NEW YORK, February 11 (#).— Tyler & Rutherford Sotiuton, mm;m favoy 13 5 net income rising to $374,005 | Holders of the stock of the nine leased K continental T st C r quality and col on, . . MINING STOCKS. 5 8 companies which it is proposed to | ¥ 3 Hlm:;hefle-—f“unp“efl?“\gn g 'Am Explora, a4 81 ik 4 1O merge with Public Service Ilectri M';”“I‘B":"“z:“fi""‘l’" "‘E ru 0. emand moderate, ma rm; Flor- i o AR T and Gas Co., New Jersey, have been | ida, pony refrigerators, Missionaries, | ," N : sshanny Farmer Candy Shops earned | notified that' the time for depositing | . st oo 14th and H Streets 1.30a1.40 per quart. o S R 3 k a share on the common in 1926,'| their stock under any of the three of- Newark, N. J. . Carrots—Supplies = moderate; de- 20 Cortex sifl-r. 3 Az against $1.76 in 1925. Net income rose | fers of exchange has been extended to || 1520 K St. N.W. Main 475 || Capital $1,000,000.00 mand moderate, market fairly steady; J Ene Gid M L 1 to $367.701 from $242.319 March 1 Texas, bushel baskets, 1.75a2.00. n .7 i - Sweet potatoes—Supplies light; de- A\ mand light, market dull; Ceorgia, M K 08 S0 aor conaition eine Femacked “; “L; G gt it 5,000 Shares = NEW YORK MARKETS. ER SR 15 » GENIUS NEW YORK, February 11 (P.—| 1} Rohune 000 a0l | The financial genius is the person e . :: --I(-;r'r; 1 I.“{., A T % ; who invests his capital only in “known b New York an (; cdf,| 30 Bmegth ) A : i | F values.” The remunerative qualitics of ier; Malting, 881 A c.lf., \pu ‘»(a"hk allow- -4 v ¥ ~ your present capital, and possibility of "heat 16 Tonopan Xt - 5 g future capital to invest, depend: special loose, 7%: extra, 7%. Wheat | 10THOPRL XL o 28 28 ] uture cap pends upon —Futures opened steady: domestic, | e hundrede E tl t the care with which you investizate a Pt o Lumuiative rrefrerr ocC ik Aol S At o removes you from the “speculator” ohdoged: | s : * S 0 ) g (Par Value $100 a Share) b classification and establishes you as a POTATO MARKET DULL. - Carth” Swnd 1 fy Ghiancial grani: CHICAGO, February 11 (#).—Pota. i o o Foe } i : Dividends Payable Quarterly ¢ : First Mortgage Notes total United States shipments, 787, ‘,;‘,‘;'flbg;:fi';gw» January 1, April 1, July 1 and October 1" .. . ; Assured Annual Yield toes—Receipts, 54 cars; on tracks 193; b - gats. supsiies, Hesrals ohmhat and| CorBperOa qel 7 Are offered to the public at par, redeemable at the option of the Corporation on any Dividend Period, sacked, round whites, No. 1, 190a2.10: [ 1 G, G after three years “rom date of issue, at $110.00 a share and accrued dividend. mostly around, 2.00; partly graded, 'N!I;—umu-(l ()1] . 1.70a1.90; Idaho sacked russets, No. 1, 3 Lion OIl ZMaLT; mostly, 210a2.75; commer e 3:12.:..“.. 12;’ k™ ad” CAPlT A l IZATION EARNINGS S.HOW GAIN. ! oit 1] L 7% Cumulative Preferred Stock NEW YORK, February 11 () T gait O 2 (Preferred as to Assets and Dividends) American Home Produets Corporation Savox O s e i Teports net income of $1.109.0K3 for ; Lihad ; y i 3.79 a share, compared » ) Robert N. Harper T SR 10 SR SRR R BN i O B %3 8 £y 2 P19 00 2 PERFERE, FPARE A P SES e = 2232223 3 I x E eyttt 2 e b DS B33 R BEEE FE B o A B AR DB ¥ £ ) P - 2 nision ='s DL 2 S DO PRt et avEey, B Pyt o T 9 D2 b B DD s P s 353 ~O8 ] x e BB FERCRE R P - s 32 3z 5, , equal to % T with % 7 in 1925, or €0 " % 2H15 2o President. . o Ret working eital o000 RD el 2 Hotkeo O Braithy To be issued at this Gime. 5. ..0 i, . 00 lis . Dipiiensive e bo e se oide 500,000 it nen vie & E Joshua Evans, Jr. SILVER QUOTATIONS. ! hua Eva : y \'»:\\'IL\‘IE:I\'QH‘I.‘ 8 b ) "'”“"“'”‘”u‘?”r."n'f. g vllxl‘-:r'yllr'?)’g",’::, 5 Common Stock, 10,000 shares, without par value, held for the benefit of the Par silver; 56% Nexican dollars, 33 n.n..flh’, "%Ll’é':'"" 1t -" ! | (,h‘;x:u”;'_"'g’o’:m stockholders of the District National Bank of Washington. by ; BACKED BY 0'0'%'G R Bak A 4 | Treasurer : y ¢ i ; | DIVIDENDS. 366 bra 2 113 Rw:-;m; Ef! Len'o‘; Directors of the corporation are the same as the directors of the District National Bank HOMES " 00 & P! . arnar | . y g e [ 7 194 Attor . . " ) T, rn 4 g o o y d gf Lnrxn k ¥ 2 S g Nebrasin n. 4 B‘h‘:"s: - B I'he security that safeguards 4 2 - & £ o BUSINESS—This corporation is organized for the purpose of purchasing notes secured hy Z vour principal is improved, con- enan Kodak Pt A cen. 3 SRani DIRECTORS Deeds of Trust on real estate, builders’ loans, underwritings and such other legitimate financ- 3 : y g.‘.m.a ’\lnlmk 2 g ‘ X 5. om 8T flna.d]::y*;' ::.:::l::m ing as is authorized by the charter. G ’ servatively appraised property in Bo: 84 8eiv 1 B ; i K, Washington and its adjoining R hay i ?‘,hfi'é"r:&’,’l’;;“ More than fifty per cent of the preferred stock has been subscribed by stockholders of the f:r-'n:{':‘vl-:;'i'{:\‘] 5o 3 sl I e i Kt a3 T Chas. W. Darr DISTRICT NATIONAL BANK, and the unsold portion is now offered to the public, subject | subdivisions, when you invest in I : i e Joshua Evans, Jr. to allotment. o Atwood M. Fisher 5 : ; 3. Gockeler Stock allotted may be paid for in full or 25% upon request and 25% each month there- i A Third Robert N. Hurper after until fully paid. . ‘ i 5%z FIRST MORTGAGES of a W. Chas. Heftmuller - S. Hoge, Jr. P 1 1 the Washi Stoék Exch “entiry : : ga-:{:l:.l{ 11;\..‘.(,,1:: Application will be made to list the preferred stock o ington Stock Exchange. ”(“':w,\ No fluctuating market, but the ; ithout @ Wharton E. Lester steady demand of one of life's It '3"‘;\”,51":.“ A gt MET 3 i R 3 i e o, Robert Lee O'Brien 1 A are ‘ mgl :‘M‘:’n i “’ Mar g pev ¥ 50 wmh!’-h%ll;-icomb rice 1 ¥ . ot prime needs — shelter —assures 4 - o IK\' . . artin a i . . g gy A10bw 208 Jobn 7. Masry (Interest at 7% to be allowed on all payments from date of payment) 3 your safety. And your income. Rel =D urphy i FEDERAL I.AND BANK BONDS g P %7 Hill L. Oftutt, Jr. (Quoted by Alex. Brown & ot ! Charles C. Rogers Subscriptions Received at ST iE il BEEY DTRICT NATIONAL BANK OF washiNgToN: ff B, F: SAUL CO. Leon §. U'lman Chester Wells : 1406 G Straet NOI'&W‘ Sidney West g ; : i it RGP MR ; « Richard H. Wilmer 2 At £ THERE IS NO SUBSTITUTE FOR. SAFETY 20000 ceco i 83 Inter Plner o8 2 Jeddo H Coal

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