Evening Star Newspaper, February 28, 1927, Page 15

FINANCIA NEW YORK CURB MARKET Received by Private Wire Following {s a list of bonds and Btocks traded in on the New York Curb Market today. ‘.‘-ln B\DLSTRIALR Low. 1:15. ' fillldlnu Insur .. ll !4 110% 110% Anlhl 37 n. n Cn. im :uywlhuw f % Am Superpr br pf 3 AWB'R Ve BT % W, 2 Cen Pip Cor.. .. 1 Cohn-Hall - Marx mmonw P C n. ¢ Y0P ‘I Gonsol Dairy P.. sl Banl u. nd .. LFed Me G Film Inspec M ”QF’M‘ T 65 pid Foundatn For A A i’mm. Tl B ! Johns.] \hflu > ® 18- " ez cand i ¥ ) S B = 2253 ra FNRS kn S fae ue it mu Pel m"n 1 Shar ontt R ai es INDEP] STOCKS. undreds. Am Con Oilfids 0 OIL e ous B2 oS R S IPPRITITEER e ° NEW YORK, February 28 ().—Net | earnings of Barnsdall Corporation for 1926 ‘were’ $6,007,485, equal to $5.: share on the combined “A™ and stocks. 1y _completed 94 oil wells wells during the vear and 74 barvels rude 4 gallons of refined | average production 409 barrels, which 0,000 barrels daily. sued by the security s’ committee for a fair return, of which, W. Emlen Roosevelt is chairma sserts that destruction of railroad value in Western trunk line territory, due to fallure of the Inter- state Commerce Commission to main- tain an adequate rate structure, amounted to $1,160,00),000 between 3912 and 1922 he rext hearing in this investigation wdll be held in Kansas City on April 6. Moderate expansion has taken place in general business activity in recent thst ||11n the products. of crude was since increased to A statement dverse L*lluenre of 1n numerous lo the Guar- ork. While an upward m time of year, newrtholem the definite Direct to The Star Office Mount Prod ... Mount Guif. St o = eorasien 13 R 2108 Gz 13 oe FERBERERES & £E3 22 «BEEESRERET xTems JEs S its. %00 Anglo Am oi1 .. 50 Borne & 200 Buckeve 100 Chescbrgh M 700 Cont 1 : 4 0 nt ol 600 {lumhl( Oil & oo {me o of i . Pet C 1. R Sales in thousands. s Gatineau Pow 6s 33 Gon Motors 0 X 10 5 Gon Inv Bs o8 #Gen Pet fl 3 1 71001 S Ut 5s A 081 Limestone Gs 9O85% [ (.gu,«m‘n Al O Int Gr Nar by B mr'f. A a8 Inter mg‘ i § Manito P B A 01 Ul Ml@! Gas Hlas.. 1031, {‘ Ry 55 F‘ \\I ]flfl Sales in thousands, G Baden 7s ... Bue Airts 7< 1§ Bue Aires s '3 % Burm & 4 Danish Cone 10 Denmr 8 Freo 8 Prug ‘“":}‘] 0 efily el 7 1‘}}‘ 14 5 @ s m‘?ul 108 n’ by 6i3 & Faies B lnl, 101 IWI s A105%, 1055 Fare Siege in Bnenos Aires. Buenos Alres’ proposed subway lines, which have been held up for nearly 13 years over arguments, in- cluding the city’s Insistence on a nickel fare, may now bé started. An organization has held the coneessions since 1914, but after delays caused by the war were smoothed out the city would not concede to the company’s ument that it could not operate on .ent-fare basis. A plan for a nickel are with transfers at half that price has been proposed. Latvia's first sugar-beet factory 1s converting 60,000 tons of beets into |COTTON ADVANCES ONSPOT DEMAND Unsettled Weather in South- west Also Factor in Trad- | ing Today. By the Associated Pres: NEW YORK, February > arket showed continued firmness | early trading. Liverpool e rather_disappointin e on_repe unsettled The cot- cables there was buying he ad and e Southwest. were steady at a decline of nts on March, but generally 4 to 5 points higher, and active months showed net gains of 7 to 10 points by the end of the first hour, all positions making new high ground for the movement. May sold up to 14.30 and October to 14.68 gn covering by recent sellers and a broad- ening demand which appeared to in- clude considerable Wall Street and commission house buying, as well as a moderate demand from the trade. Private cables said trade calling in Liverpool had been offset by hedge selling and _realizing or liguidation, but reported an extensive cloth de- mand. New Orleans Market. NEW ORLEANS, February 28 (#). —Cotton prices continued upward to- day after opening 2 points up to 1 point down, being influenced by de- mand for spots in the South and large spot sales of 15,000 bales in Liverpool. Prospects for bad weather also helped the advance, March trad- ing to 14.22, May, 14.33, and July, 14.47, 9 to 10 points above Saturday’s close. Opening WOOL PB.ICES !‘IBM BOSTON, February 28 .(Special).— Prices were firm in the Boston 1 market at the start of the week, with inquiries mostly for fine and fine me- dium sorts. Woolen wools are gquiet, % | but demand for worsted wools is' hold- ing up well. Ohio quality fleece is held at 45a46, grease basis for delaine. Fine Michigan delaine is quoted_ at 42a43, Ohio half blood at d45ad5ig quarter blood at 44a45 and Ind quarter blood at 42a43. Fine territory wool i quoted at 1.10a1.12, half blood at 1.00a1.03, three-eighths blood at 90a93 and quarter blood at 80282, clem\ lm.‘ms French combing is held at 1. th choice ctions a few vms higher C. B. & Q. INCOME UP. NEW YORK, February 28 (). January net bperating income of the Chicago, Burlington & Quincy was $1,906.757, against $1,90Q578 a ago, but gross declined 1 11,896 from $12,5618,429, g SO RS PROFIT IS SMALLER. NEW YORK, February 28 (#).— Associated Dry Goods Corporation re. to save $1.000 k about our Save nwurance Flan. SAVINGS BANK 0,16 Si. Prompt Action. 3 First Mortzage Loans Lowest Rates of lmemlt lmfl Commission, '_lllnny. Ing. CONSULT US —for safe investment of Jour, surplus funds; Look the future by invest- 'm, H. Snnnders Co. Founded 1887, 1433 n"w""wmnnnun' ol A 1o Money Available - For First Deed of Trust LOANS Reasonable Interest and Commision Prompt Replies to Applications JAMES F. SHEA wl.n'l-n-Au.NW Money to Loan fi?hn deéd of trust on real estate. Joseph 1 :;‘ Yo Witk ~.-? " Bids.. 51k The fine:t vault in all the— well, come see for yourself. “Federal-American” / Nearly $5,000,000,000 of the funds of the great American life insurance com- panies are placed in real estate mort- gage investments. Isn’t it a significant fact to YOU—a yield. ppearance of revival is reassuring present since the comparatively gress made in Junulry ocoa.- nmlnn- as to the probable ef business inrthe near futun. dxscnmmatmg investor—that these life insurance companies have chosen Real Estate Securities for the larger propor- tion of their investment funds? Qur First Mortgages are a sound, conservative and stable investment, in- suring maximum safety and liberal Ask for List of Current Offen'ngs Swarizell,Rheem & Rensey Co, Morlgage. TRT15th. Street, W, WashinglonD.C. Bankers - 57 Years Without Loss to An Investor 28, 1927 RY. CLEANIN Tt e e Quality it Mortgage Money Loaned at 5%. to 6% Ecafiomlc_Conditions Tyler & Rutherford Loan Cnvnwondim Mutual Benefit Life 1520 K Street . Main 475 o Business and Regidential Loans on'nd n; Reasonable rates. Im Tediate action: PEOPLES FINANCE CO. 010 Vermont Ave., Km. 508. Main 2008 HOME OWNERS G. M.-P. MURPHY| & CO. Members New York Stack .+ Exchange We will gladly receive and give prompt-attention to applications for Loans on Washington Real Estate Current _rates of inter- 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. Un to $300 within one das. 4% Interest and_hrokerage, Real Estate Small Loan Co. 02 District Nationa) Bank Blde. Successors to JOHN L. EDWARDS & COMPANY v of our Fortnightly w sent on request 1416 H Street Northwest First Mortgage Loans Applications Invited at 5% On Improved Property 52 Broadway, New York c Richmond, Va. Construction Loans at Minimum Rates Glover & Flather 1508 H St. N.W. Thc New York Life Insurance Company Offers to Make First Mortgage Loans On Improved Real Estate m the District of Columbia and Nca(hy Suhurbs in Montgomery County, Md., 5 or 10 year terms on your 51/2 % Offce Buiding ‘Business Property Apply RAaNDALL ¥. HAGNER & COMPANY MORTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Home Apartment Stocks 0dd Lots Carried on Margin Buck & Company —BROKERS— Established 1916 312 Evans Building 1420 N. Y. Ave. N.W. Tel. Franklin 7300 Direct Private Wires to New York A Downtown Building Site E Street Between 9th and 10th Streets & 41x159 Particularly desirable for Wholesale or Job- bing House. Desirable alley features for ship- ping and re: ng. City Central Property Dept. We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street 620 17th Stree! 713, 715 and Main ‘The Sun Life Insurnnce Compuny of America: Wlll Finance First Trust Mortgages on Residential Property (In the District of Columbia and Montgomery County) Without Commission or Bonus AT 5% Interest Under our plan Life Insurance for the full amount of the loan is required to be taken with the Company at the time loan is granted. The net cost of such Insurance is extremely low and in most cases is completely offset by the savings of the usual commission charges for making real estate loans. In the event of the death of the borrower the :Life Insurahce pays the mortgage and so you Leave Your Family a Home—Not a Mortgaxe YOUNG & SIMON Authorities on Insurance Leopold V. Freud)e'rx, Manager Life Insurance Department 3rd . Floor, Woodward Building—Telephone Main 5180 General Agents:for SUN LIFE INSURANCE COMPANY OF AMERICA Incorporated 1890 O YO0 O T A ST P IS M T - 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 0 Are offered to the public at par, redeemable at the option of the Corporation on any Dividend Period, after three years from date of issue, at 5110 00 a share and accrued dividend. CAPITALIZATION 7% Cumulative Preferred Steck (Preferred as to and Dividends) cee -$1,000,000 500,000 Sale 500,000 without par value, held for the benefit of the stock- Bank of Washington. Authorized ....... To be issued at this Unissued .- Common Stock, 10,000 sha holders of the District Natio: Vice Presidents Charles C. Rogers PR e o anized 7es 4he purposs of purchssing Dote by Jeeds of Trust on n-l anna. uilders’ loang, undeywritings and such other le, mate financing as {s au d by. the charter. This stock will be tax free as to ot of Colummbin intankible tax ot o excesd 6-10 of 1 per cent. More than fifty per cent of the preferred stock has been subscribed by stockholders e DISTRICE NATIONAL BANK, and the unsold portion is now offered to tha .publig, subject to allotment. Stock allotted may be paid for in full or 25% upon request and 25% each month thers- ‘Wharten E. after until fully patd. fim Le 5Brien Application will be made to list the preferred stock on the Washington Stock e T Price $100 a Share (lntmll at 7% to be allowed on ell psyments from date of payment) DISTRICT 'NATIONAL BANK OF WASHINGTON- 1408 G Street Norfllwut BUSINESS—This corporation is o 8- FINANCTYAL _Money to Loan on Tarstoredi ReAl Eltate in: thi National Capital. Applications * confidential. Prompt service. Interest rates—SY; & 6% MORTGAGE DEPARTMENT 713, 715 and 717 14th St. Main 2345 Harriman & Company TRINITY BUILDING, 111 Broadway, NEW YORK MEMBERS NEW YORK STOCK EXCHANGE TRANSACT A GENERAL BROKERAGE AND 8TOCK EXCHANGE BUSINESS WASHINGTON OFFICE 729 15th Street N.W. Telephone: Main 1603 Equitable Co-Operative Building Ass’n JOHN JOY T N, President WALTER S. PRATT, Jr. Sefl'd.lq Organized 1879 , 47th YEAR COMPLETED Assets. . ... .$5,136,317.2 ..$1,406,405.76 Subunphom for the 92!(! Issue of Stock Being Received Start Today Saving Systematically Whether you are saving for a house or to complete your chil- dren’s education, vou'll find the Equi- table’s systematic sav- ing plan a valuable aid to accumulate money. Just a small por- tion of your salary deposited regularly will in time grow to a substantial sum. Start now and stick Construction Loans 6% Interest Give us your First Mortgage appli- cation for construction loans of all kinds. We are always interested in desirable property. No delays. Prompt Answers Assured B. F. SAUL CO. Main 2100 925 15th St. N.W, Capital, Surplus & Undivided Profits, Over $2,000,000.00 For Pay Day Depositors’ Convenience: —this bank ‘will remain Open Until 5:30 P.M. Today and Tomorrow (1% (N ‘n; 1 I8 (TR A1 One Dollar or mare will open a Savings Account Y Nation al —113 Years Old Metropolitan Bank 15th St., Opposite U. S. Treasury A Third of a_Century’s Experience We Manage Your Apartments —with the methods | proved successful during our Third of a Ccntury s specializing experience, Every detail is attended to — leases, collections, upkeep, insurance; janitor provision. Every operat- ing expense is held down, for your gain. B, F. SAUL CO. Main 2100 925 15th St. N.W.