Evening Star Newspaper, February 17, 1927, Page 15

PN 0 G e S b oo e LD S LA ) 4 Money to Loan CSHPNENTS PRICES ARESTEADY 5325 | MoneytoLomn Improved Transportation of |Trading Moderate, = With| ™ tamier fueks Wi 8 i Mortgage Money Loaned 2505 AR M| = . ; an Cattle Proves Great Econ- | Range of Values Narrow. || po 1 Eeiote Financed at 5% to 6% | \ d Life Insurance Comp o omy for Farmers. Trade Is Buying. wrirra e wll | Tyler & Rutherford E ‘ L O N ST ikt TGRSR N Loan' Correspandent Wutual Benefit Life | | i . E s BY J. C. ROYLE. By the Aseociated Press PEOPLES FINANCE CO 1520 K Street - : S e o L AL it | oot et ke ianensatatatn brbym — Prompt action on houses, v e o T et | & decline of 1 point to an advance of | e— = - W ¢ apartments and business NOC:II;I;RGAI;SAL seetions ot 1ha Ceoumiry have @is. | being higher in response to relatively el ! ies in the D. C. and AT WOODRUFF" G. M.-P. MURPHY properties in the D. (. NO FEES FOR FINANCIAL, THE EVENING STAR, WASHINGTON, D. C., THURSDAY, FINANCIAL. of no par value of Mes Eeonomic Conditions Spacial Dispateh to The Star. NEW YORK. February 17.—The| zm Haugen bill, agriculturalists in some | 3 points. most of the active months RY CLEANIN H D G &C \ nearby Maryland. 0. Y 3 SETTLEMENT counted it in advance. That was the | firm cables from Iiverpool. AT AN opinfon expressed today by hankers | There was some hern and local :)mflll'! o :‘5‘0": of the Northwest, who are actively | Selling as well ax realizing, but trade = engaged in financing the crops. The | buying helped to absorb offerings. and e Auctuations were somewk 0 farmers have accomplished this by | While A - . putting, not skids, but wheels under) irregular, the m: held 1 For Estimat 1400. 1 Members New York Stock the live stock industry. They have | *teady -Iu\l;l‘ns the hour. T Brsx orich L Exchange ; ? put the cloven hoofs on rubber tives. | brice of May 3 |} LOAN DEPARTMENT Wilhelm Pichard W@M i W. L. King, Manager Improved methods of transporting | 14.02, the | market ! H Succeasors to live stock hive brought millions to the | Within a point or two of yesterday’s st 0rtgage als e farms of the Northwes The five | closing quotations, | JOHN L. EDWARDS principal clisses e dovk "on |, Private ‘cables feported trade call . k A . ! & CoRDANY Mic e, for example. now ave | 1n&: with London “and Manchester ct | ! - Vel T 5 VLl 0% | bing I iferpoul, gt demand UIcK Action | s - 968 70001000 1 e argels | for cotton Manches . ; 0 e e e oa'® TEY | austatned, with manufacturers extend: Brodie and Colbert, Inc. A4 copy of our Fortnightly CHARD) G fng thelr engagements, S 1702 Eye St. Main 10109 Review sent on request E Trail Herds Memory. Pricex worked up to 1407 for May = dared speak truth Sihp itiati M onds ot Hithe o)afdaya | S 1EB0Y for Octover ter fepuut = = | 1416 11 Street In Germany in 18: X -l FOUNDED e oxiat il i e records of the |10 8 points net higher on luving|} Prgyident Mutual Life . s my1Ee bt S st and in the mov 3t S fop | Thich Ciie largely tom T verpoo Northwest that was dangerous. He o past 7 in the me e trade. These wan aieo soveting|| Insurance Company i e il 1417 K Street—Main 9300 expensive in weight at prevailing e ot e el )y kelErs ibutiacn’ stockyard prices to drive cattle long Ciinass’ remalnei it ne Funds to Loan 52 Broadway, New York it distances to market even when the | gdvance met some realizing or loca In Small or Large A i / g | o sing or local n Small or Large Amounts Richmond, Va. railroad takes them a part of 1he |qelling, although prices held within a at 512 Per cent. way. Ten years ago t rtation | paint or two of the best. Firmness of || WM. H. SAUNDERS CO., lnc. In the mountain fast- . H. oy of live stock to market by automaobile | 60 i : g | Liverpool was attributed to the ex: s THbsues. of Zuvichihe. dois truck was unknown. In 1923, there | pancion of business in cotton goods : . wrere 27.890 truckloads of live stock |at Manchester and the advance here|f 1633 'K St N.W. Main 1016-7 ceived and wrote out the brought into the South St. Paul |was also encouraged by reports of |- ——eee— ) it i stockvards. In 1924, this tetal in- | cotton-mill activity in Germany. UL L G b oooo0oo0o0o00ooooo Lohengrin without once creased to 341 truckloads. the nn‘\;( New Orleans Market. year 47437 truckloads were bhrought - A . - N ' xEw ontraas, yewuars 17| 0 HOME FURNITURE IW“ ant o B e e A .oan money bt in the South St. Paul pens and in aa by—years of seclusion | i, i e i v Py g Announcement— 1928 the total was 59993, (®).—Trading In the cotton market South Dakota, North Dakota, Mon- | today was moderate, with operators tana and other States are swinging | inclined to await the fate of the into line with this new trend. under | McNary-Haugen farm relief bill. a favor when we negoti- 1861 Wagner returned to the urge of greater profits. In Min- | Liverpool reported spot sales of 12,000 HOME OWNER! S ate with you a loan for his native land and lis- nesota the total farm income was |bales and apening prices here showed to 3200, withip cme day W you apw e ot pthgerig (Ll L uying, “wuilding or re- an orchestral Suniiton: ¢fl, Dobengetn All of the $300,000.00 Issue larger in 1926 than in 1925. despite | gains of 2 or 3 points. May advanced 200, w drought and short grain crops, due 10 | 5 points after the call. Initial gains e e e financing of a maturing trust. for the first time, the increase in dairying and live stock | were soon lost and May traded at Brin ‘l'hnlrwnymhfl production. 14.01 and July at 14.16, 1 to 3 points e The truck is not entirely respon- | above yesterday's close. sible. Railroad cars today are larger = and more scientifically ‘loaded and S A (P BT handled than ever before. The num- NEW YORK MARKETS. ber of railroad carloads arriving at NEW YORK, February vant d if & At CUOry EaAnEe Db o NN ORI, 0 3 ooooo | vantage — and if our ersit; B b aiiaitor wauge ofj) NEN ORI Retetary . ] ooooonoog || S ations ap. the: bagt~1aybisr cHeraches SOk e inga: aa It 1sed ito be, but,‘even,| fv: 10ms No. 2 HeRED, © i - g 16 c.f, export. ) 80, 85,270 carloada of stock were MAr | oy, easy: malting, 87%af0l c.if. prove—the money will and the finest in his keted In St. Paul n 1020, o oaas 30 | New York. Lard, firm: Middle Weat, be available at once work. Yet, few are fool- E with 82,123 15 years ago and 65,332 12.65a12.75. Wheat futures opened | @ hardy enough to seek ade years ago. steady; domestic May, 1.43%. Other MORTGAGE Consult with the Manager versity deliberately. The Crops Diversified. articles unchanged. of our Financial Department Diversification. s Txe:np)‘ifl?idhy n:; Wash st kE— " I LOANS ' wiser ones look forward raising of live stock instead of depend- as inqton ocl xchange | and prepare against the 1 g mall grains, is proving the '] _,..M'-‘Km-u it g umi ¥ L'Lfi»."b'i‘m’?ps orgmumemm?nz the un- SALES At fi‘/z%)-S% I Py ervie | day of Adversity's arri- 7% C ulatlve Preferred StOCI\ = Washingtos '36 B—$1.001 > - i f::a;'g::: '7n'{?"fl'§33n‘flru;'§2§:".\'~'3fo§fi ’0;’::» ‘s';{iv‘(fiv f.,"mfl__ '}‘fi;“’ R “!,g”;‘:-, .: lgst;nl:ls“;r.nm:lrly ‘::-::d "':;;‘n il | 1415 K S VI! by regularly putting B bl e fameiali |4 §aray e oo room 0 at 35, 10 at| i e ot Lo ot favestumt I 415 K Street aside a portion of income Has Been Sold rmint to x?rm D!;]kotn."n‘.: :“u:"i!':;r:‘{ e "T“s C“f‘?ioo i Department. Main 4752 for investment in sound, 1 ontention, where Ve ‘apital raction X at * " " I alled . spectacular swing from | 500 at toih m"“fi S| W. H. West Company profitable securities. And ehtive dependence on small-grain crops | FOlamar Bleciris 14t 6e2281.000 og (G0%; Founded 1894 | the First Mortgages fs- %o developing cows, hogs, sheep and | 1043 $700 at 10414 816 15th St. sued by Swartzell, Rhe inti oy °hs Sargescale income pro- apital Traction Co.—8 at 108%, 10 at | |G s U g e C PRt ol B w100, 30 i The Subscription Books Are Closed 1 o0 recognized as one of the “A study of the United States cen. <5 sus figures justifies the statement,” o unston (i S8 SRk SR SCTY S o Real Eorate Small Loan Co. On the contrary, we Fraiur TanPresuricient Co. | regard it a mutual ad- | It is said that Wag- of o ner’s adversity developed 000oooooooan oooooooooag . 3 + North Dakota A: . safest investments for says the Greater North Dakota AS-|™yiney _Call loans. 5 and 6 per cent. The New York Life Insurance Company those who want to keep as of This Date Sociation, “that North Dakota is mak- B o r v id and Asked & ing more rapid strides than any other Prices. g - fhoe o' vark o oup State toward a balanced system of farming. In the five vears from 1919 BONDS. early years of labor. y ; . to 1924 the acreage of alfalfa was dou- PUBLIC DTILITY.B" "*In the former vear there Were | . 3 : i i t rt e han 10.000 acres of sweet clover AT.SL;’;",,Z'“ 1%'?"""".“ .. D e, b rs 1) qoe ans ll E C i Swartze Y. E. BOOKER & CO. wing in the State. In 1924 there | Am R § 3 o acres and in 1926 more | AT R i g On Improved Real Estate in the District of Columbia were 168,502 3 guar. < than 200,000 acres. The 1926 value of | C. i o and Nearby Suburbs in Montgomery County, Md., £ F Aoy g J heem & INVESTMENT BANKERS poultry and eggs exceeded that of aNY | Copiial Tractior for 3, 5 or 10 year terms on your Pmall-grain crop except wheat.” wfl.‘suwm}'n ; lome Office Buildi i 51/2% s i HCDSCYCO. 1508 H St. N.W. Appl B. & 0..— BELIEVED BUYER Bankers We Specialize in Securities of Washington Corporations Bs. 18t OF SEIZED W. M. SHARES | 3 ly hcticnllynfoxr;p::'T:::;;’ t:f R LA L RANDALL H. HAGNER & COMPANY T127~15% S§t.NW. Western Marylas - : MORTOAGE LoAN GORRESPONDENT Washington.DC. Direct Wire to New York Members Washington Stock Exchange Have Been Secured in Deal. Farie Dalry Gigs. b ] 1321 Connecticut Avenue Telephone Main 9700 57 Years Without Loss To : o n Investor Special Dispatch to The Star. BALTIMORE, February 17.—Acqul- sition of complete control of the West- ern Maryland Railway by the Balti- more & Ohio was indicated with the STOCKS. C y ay of the sale . announcement yesterday of he Aosiiogicrons e e of 74,070 shares of stock of the West- i 3 R o (e R Sfn Maryland to the Bank of Manhat-| Sirian 2l & e E R R S R AR YRR S 25554 535500 BR23 .58 233823 1 23 e prre e i & SRz FRs B _owe oSO p== Authorized . .c..coascescccccccsmacccces o cnmmes casas seses s $1,000,000 tan C Jew York, for $4,010,000 cash. | Norfolk & . Rt e Dy guarded statements were | bot arriman ompany : ant to George M. Shriver, senior vice NATION, : 5 000 Shal President, it was conceded that in- el TRINITY BUILDING, 111 Broadway, NEW YORK ’ es Bajtimore & Ohio ten days ago, Mill- e holland said. National Bank of Wash. ... It would require only the transfer ST iy of & comparatively small block of | smerican Security & Trust.. control of the Western Maryland, ; & i STOCK EXCHANGE BUSINESS F{‘ Dividends Payable Quarterly e stock it =0 is the loc] AVIN ANK. [ o which Howard Sutherland, alien prop- | Bank of Bethests. January 1, April 1, July 1 and October 1 Are-offered to the public at par, redeemable at the option of the Corporation on any Dividend Period, after three WASHINGTON OFFICE years from date of issue, at $110.00 a share and accrued dividend. :tul ('un:l};anh-s in the Youugstown o oo T:::"‘ ”‘"""‘Nflw Prof I DR Valley. Sheet and strip t 8 are | - T _ = _ Robert N. Harper ".d being booked for second Quartae e Lo e 52 sl = H P":“:‘ 1eh: gl L o orace G. Smithy ARICA, Chile, February 17 (®).—| Fanetor A'h.hgl A e B e Unissued .... e 'n‘? Tnited States Pan-American §ood | Merchants | jtor: B, Charles C. Rogers wiil viators resumed their fiigh r Li e by e . S NNear] tong the Chilen: cosar| Bariiesra dneoit. 1021 THE CITY 0 IN o Common Stock, 10,000 shares, without par value, held for 'the benefit of'the Tine at 11 o'clock this morning. The | People Drug et HINGTON stockholders of the District National Bank of Washington. . made by Francis X. Millholland, assist- - o cluded among the 74,070 shares there mb)a ;3 e | : “might be stock which the Baltimore | pomme 3. 8 & Ohio already has contracted.” St - e f That is in addition to the 35 per cent A 208 B i MEMBERS.NEW YORK STOCK EXCHANGE 3 0 ‘Western Maryland stock to give the |Continental Trusti. | Merchants' Ban) erty custodian, had held for the Gov- E'" i o 4 y i % STEEL TRADE BETTER. A | 729 15th Street N.W. NEW YOIK, Februars 17 09| Soeor: CAPITALIZATION lveries. | MISCELLANEOUS. d. four planes had heen left at Tlo during | Weskineton of all the Western Maryland's hold- h"' ings which were purchased by the | Nati Ld TRANSACT ¢ 7% Cumulative Preferred Stock Western Maryland stk to glee the | § A GENFRAL BROKERAGE AND 1 (Par Value $100 a Share) agents might obtain, complete voting | ernment since its seizure from German eurity Saving owners during the World War. reet. Expansion of new business and firmer | Eiremey u ! Telephone: Main 1603 prices are reported by independent | OFFICERS 7% Cumulative Preferred Stock e | D. . Pa T y 1 Good-Will Flight Resumed. s 100 : FIRST MORTGAGES To be issued at this time. .ceeec.coccaecosscccsccnsese Tt secerni duys to T Pa | Weth Sern, Miee: G v which the filers ms | VBT S idend GROWS ‘gecretary Directors of the corporation are the same as the directors of the District National Bank DIRECTORS 3 4 yrom BUSINESS—This corporation is organized for the purposs of purchasing notes secured by «—spreads out block by block, :.“'.':,’: i tll)eed:i:f ’l‘r;:st ot,;x x:nle:;utt;. h\iflders' l%ss. unae;nwlflbe:m fl;: .u::D‘;:‘;lrtl ctixlnnu SRt H ion. N i N A. P. Crenshaw nancing as is authoriz y the charter. 8 stoc! as ot o um- Individual v and section by section. New op Jon W, Chilaress bia intangible tax not to exceed B-10 of 1 per cent. Chas. W. Darr antly are pres 3 . WHATEVER your financisl prob- s T S Crmane to allotment. R ™ 3 — ‘m\ . lem may be, we are only too i But careful, experienced judg- W. Chas, Heitmuller a4 25 willing to help you make a profit- of a ment must be exercised. It is il - f:‘t,:} ,flgm};‘;:; - fln", able decisi ding th, - H y ision regarding the estab Centary such judgment that assures your Application will be made-to list the preferred stock on the ‘Washington Stock Exchange, lishment of A Financial Surplus and the Investment of Capital. Without a principal safety in our Robert Lee 0'Brien 5 Wm. P. Lipscomb Never in the hi Loss . M. Mart B ' e ey St Price $100 a Share . Je urphy enny in capital or interes : ; ' ’ e = i FIRST MORTGAGES ] Hilleary L. Offutt, Jn (Interest-at 7% -to-be allowed on all payments from date of payment) through investment in our First Mortgage Securities Subscriptions Received at SHANNO,I\,I;&LUCES] 'B. F. SAUL CO. 0 T DISTRICT NATIONAL BANK OF WASHINGTON 713 715 an0 717 1472 STREET .Main 2100 925 15th St. N.W. Chester Wells ain saney Weat ; 1406 G Street Northwest MAIN 2345 Richard H. Wilmer THERE IS NO SUBSTITUTE FOR SAFETY