Evening Star Newspaper, February 23, 1927, Page 15

FINANCIAL. ——— ’n‘ ARE NAMED Ew;\urilu.os are mta%z ml ‘T.. “I“WH kl S&ESSOR TO WEST| D o Illfiu as Investments Counselor | to Brown Bros.—Will Write Dispatches for Star. Special Dispatch to The St NEW YORK, i F. Speare, natic market financial article vestment column of th STATEMENT OF THE en frequently Bankers' THE EVENING STAR, WASHINGTON, D: CONDITION _TOKIO M \lll\l'. & FIRL LTD.. OKIO, First Mortgage Loans lle;v::'l..rl:'el Fg! hlmar!u and Commission. Prompt Action. Mon to Loan Bt S 'i;‘:x‘....‘}"'.’ Shal atnte: Vlllllll ‘ interest and _commission. E. Davis Company 733 Twelfth St NW. isher & Com| » Inme. 738 15th Street. m' Provident Mutual Life |' Insurance Company C. WEDNESDAY, FEBRUARY 23, 1927. FIRST MORTGAGE LOANS 51,9%-6% Applications for first mort- Funds to Loan ¥ 5 SR | gue loans promptly acted upon In Small or Large Amounts at 5% Per cent WM. H. SAUNDERS Cv,, y our Department. NW Loan and Investment . H. West Company Renltore Founded 1894 M. 916 15th St. Main 9900 FINANCIAL. Harriman & Company TRINITY BUILDING, 111 Broadway, NEW YORK MEMBERS NEW YORK STOCK EXCHANGE TRANSACT * PEOPLES FINANCE CO. authority, has 1010 Vermont Ave.. Rm. 508. Main 2008 nation as counselor o A GENERAL BROKERAGE AND STOCK EXCHANGE BUSINESS The New York Life Insurance Company Offers to Make come, within member (vx S e e L e B 28 ; F st Mortgage Loans WASHINGTON OFFICE 729 15th Street N.W. like his | Telephone: Main 1608 Harvard Journalis the two adjacent e Mt e m the District of ¢ 1 Montgomery (,n!nt 0 year terms on your and \v properties involved and Nea n Kansas and northern Ok B Office Building Business Property WE PAY MORE INTEREST | o ON SAVINGS ACCOUNTS Than Any Other National Bank | WAl - ) Ravpary . MAGNER & COMPANY Interest on DAILY Balances MonTGAGE LoaN GORRESPONDENT Come in and let us explain 1321 Connecticut Avenue Telephone Main 9700 Apartment Mortgage Money Loaned at 5% to 6% Economic_Conditions g Road Re; 2d £ 926, v oncmnss. guhish o ‘w_ | Tyler & Rutherford Loan Correspondent Mutual Benefit Life st Earnings in History « YOUR HOPE FOR A HOME —can be consummated by securing Real Estate Loan tl’xrough the Metro- politan Life Insurance Company (the World's Largest), which always has ample funds available. Main 475 ————1 | Commercial Nat') Bank | | 14th and G Streets Resources $17.000,000 ‘l! GOLDEN DONALDSON P 1520 K Street passenger business an = = ion activities Money to Loln compared wit o st Jose;.‘\ T 'We from $. 0,895 to $63,094 . A Fool and Hh Money. Tne fact that a stock certificate is printed In fancy green wcroliwork is no proof that it is worth any more than ordinary wall paper. Thousands * | of people in Washington would have | saved their money if they simply had ! | asked their banker to teil them what he knew of some supposedly wonder ful investment. JOHN JOY EDSON, President Jr Secretary Organized 1879 & " Assets...........$5,136,317.22 Surplus Sl 106,195.76 Subscriptions for the 92nd Issue of Stock Béinbg Received Start Today Saving Systematically Whether you are Just a small por- saving for a house it of voris wal or to complete your IO oL YOI S LOrY children’s education, deposited regularly you'll find the Equi- will in time grow to table’s - systematic a substantial sum. saving 12 2 N 5 saving plan a valu Start now and stick able aid to accumu- late money. " 915 F Street WALTER PR. ,\T'l 47th Y] J Public Service Corpontion of New Jersey Dividend No. 79 on Com- mon St Dividend No. 33 on 8% Cumulative Preferred Stock Dividend No. 17 on 7% Cumulative Stock Reasonable Terms Lowest Interest Rates No Renewal Charges CONSULT US WEAVER-BRO REALTORS 809 15th St. N.W. First Mortgage Loans able during his | led by his Nation’s Applications Invited at 5% % On Improved Property | | Toe Board of Directars of Public Servies Corporation of New Jersey has declared divi- | | dends at the rate of 8% per annum on the 8% —4 | Cumulative Preferred Stock, being $2.00 per Men Who Know the share; at the rate of 7% per annum on the 7% Value of a Budget 1 I Each year our First Mortgage Se- | ! | { | Cumulative Preferred Stock. being $1.75 per share; and 50 cents per share oo the non par | walue Common Stock for the quarter ending March 31, 1927. Dividends are payable March 31, 1927, to Stockholders of record at the close of business March 4, 1927 Dividends on 6% Cumulative Preferred Stock are payable on the last day of each | month. T. W. Van Middlesworth, Tresswrer. Construction Loans . at Minimum Rates Glover &3 Flather 1508 H St. N.W. curities are enjoying a larger sale. Our Partial Payment Plan is partly responsible for this—since it affords the purchase of a Safe, Dependable { and Remunerative investment by a regular monthly payment. Many of our customers have found that by budgeting thour incomes and making | "Investment™ an item of that budget ;| they are achieving— Financial Indepandence Main 9486 T T . OO 5,000 Shares THE DISTRICT NATIONAL SECURITIES CORPORATION 7% Cumulative Preferred Stock (Par Value $100 a Share) Dividends Payable Quarterly 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, : ¥ oy after three years from date of issue, at $110.00 a share and accrued dividend. vestment should have the power OFFICERS CAPITALiZATlON ‘ to establish and 7% Cumulative Preferred Stock safety. In our safe (Preferred as to Assets and D-vldcnd-) | Public Service Electric & ‘ and Gas Company Dividend No. 11 on 7% Cumulative Preferred Stock Dividend No. 9 on 6% Cumulative Preferred Stock | The Board of Directors of Public Servies Klectric and Gas Company has declared the | reguiar quarterly dividend on the 7% and 6% Preferred Stock of that Company. Dividends | are payable March 31, 1927, to stockhokders of | record at the close of business March 4, 1927. T. W. Van Middlesworth, Treasmrer. MORTGAGES KNOWLEDGE IS POWER Those who manage your in- 713 715 ano 717 14"‘ STREET MAIN 2345 maintain its Authorized To be issued at this time Unissued Commeon Stock, 10,000 shares, without par value, held for the benefit of the stock- holders of the District National Bank of Washington. FIRST MORTGAGES ot ‘Wharton E. Lester Ralph P. Barmard A Third of a 2 : IR —the protection ot your princi- pal is assured by experienced ap- praisal. And the maintenance of [} that protection is assured by our knowledge of finance methods B. F. SAUL CG§ Main 2100 925 15th St. N.W. Century Without a IJNITED STATm SECURITIE CORPORATION Directors of the corporation are the same as the directors of the District National (Incorporated Under the Laws of Maryland) Blanss 9,_ Bank. n £ BUSINESS—This corporation is organized for the i by Jeeds of Trust on real esta mate financing as {s author v the charter. trict of Columbia intangible tax not to exceed 5-10 Bobert ¥. Harper More than fifty per cent of the preferred stock has heen su Heltmuller of the DISTRICT NATIONAL old portioc 3 ge. it public, subjeot to aliotme: Voranadl . King Stock allotted may be pald for Wharton E. Lester after until fully patd. Application will be made Exchange. Pl‘ice 5100 a Share % to be allowed on all payments from date of payment) SUBSCRIPTIONS RECEIVED AT DISTRICT NATIONAL BANK OF WASHlNGTON g 1406 G Street Northwest irchasing notes secured Loss r legiti- as to Dis . builders’ loans, e l]Y\lbn C. 3. Gooksler s realty the Authorized Capitalization 250,000 Shares 8% Cumulative Preferred Stock, Par Value $10 250,000 Shares Common Stock, No Par Value BANK, and the now offere full or 25% upon request and 20% each month there- Lover: Lee O'Brien Wm », Ll!mmb . Martin ’AI l'k-l\l“ oo B R to list the preferred stock on the Washington Stock ttutt, Jr. Oharles C. Rogers HE first issue of the preferred and common stock. of: the | ’:".{.:‘:‘.‘é:'ji&":., T United States Securities Corporation is now being offered - E 1. Thomten and subscriptions are being filled in the order they are received. (Interest at experience in the business and banking field—local and national. Plan of Business [3 The United States Securi- ties Corporation has been or- ganized to conduct a general financing business; to pur- chase sound real estate se- curities and underwrite bond issues of substantial business houses; and to make con- struction and other loans that are both profitable and sufficiently secured, thus pro- viding a system of credits ex tending beyond the range of the more or less limited fleld covered by national banks and trust companies. An ldeal Investment The stock of the United States Securities Corporation is a safe investment and of- fers full participation in the profits of the Corporation. The cumulative preferred stock bears an immediate re- turn of 8%, payable quar- terly, and the common stock, with its recognized potential earning power, promises a constant increase in value. 10 shares of 8% "Cu- mulative Preferred) $125 Stock, Par Value $10' "5 0 10 shareg Common, Unit Stock. No Par Value The dividends are free from the normal Federal in Your Money Earns % —when invested in the preferred stock of this corporation Right at this time merits your serious consideration of the numerous excellent investment and specu- lative properties we have for sale and exchange. Consult our preferred list—or advise us of your propetties for sale. BUSINESS PROPERTIES DEPARTMENT Personal Direction o ERE is an Investment-Savings Plan that answers the insistent demand of the person of small or large means to receive adequate return on a sound investment. Each share of Preferred Stock pays you full 8% per annum, in 2% quarterly Dividends. You need not pay the purchase price of $25 per share in full at the time of your purchase of stock. Our extended payment plan combines conven- ience with the established earning worth of your investment. Full 8% interest is paid on your pay- ments, in multiples of $25, from the day of receipt. You are offered the absolute protection of defi- nitely desirable real estate mortgages on properties carefully appraised for your security. You are offered the unusual opportunity of re- deeming your stock at any time after one year's ownership. Management The strength of any organ- ization can be readily esti- mated by the integrity and responsibility of its manage- ment. The officers and di- rectors of the United States Securities Corporation are come tax and the stock is successful business men and free from the D. C. intangible bankers, made so by years of + tax Under the BEN. T. WEBSTER 1ssociates IRVING B. NEWCOMB HUGH E. PHILLIPS E. CLIFTON THOMAS HENRY R. WASSER CHARLES C. KOONES GUY BIRCKHEAD EDW. E. CALDWELL JOSEPH . CROWLEY LESLIE A. DALY EDW. S. HANDIBOE Second Floor—1417 K Street OSSETHELPS BUSINESS PROPERTIES DEPARTMENT Wiriie, call or telephone for detailed information C. E. Moran & Company Investment Bankers Write or Phone for Leaflet— “More Per Cent and More Per Dollar” Southern Building Washington, D. C. Main 3628-3629 UNITED STATES SECURITIES CORPORATION Telephones: < 927 15th St. N.W. Philip Herman,