Evening Star Newspaper, March 7, 1927, Page 11

* { , D, C, MONDAY, MARCH ¥, FINANCIAL. FINANCIAL. 1927. Money to Loan fowt Frompt Actien. trust o real estate [ i | Secured WIRED STAR FROM | | Thomas J. Fisher & Company, Inc. er i3 Wuh LAV ENTIRE COUNTRY | | %8 it st YOUNGSTOWN, Ohlo, March 7 Exaggerated ideas as to the value to | be placed on individual plants is held responsible for thu fallure of plans to merge several uf the independent Higher Liverpool Cables Have R H ey, res: he sheef el pls Bullish Effect on Markets |néie v eiing foss opeiminie. ™" | in America. FALL RIVER.-The Granite and | Massasoit mills here will operate on THE EVENING STAR, WASHINGTO NEW YORK CURB MARKET v vore curs warker | (OTTON ADVANCES The New York Life Insurance Company Offers to Make First Mortgage Loans On Impreved Real Estate n the District of Columbia and Nearby Suburbs in Montgomery County, Md. for 3, 5 or 10 year terms on your 51/2% Apply Ravparr ¥. IAGNER & COMPANY MoRTGAGE LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Mortgage Money Loaned at 5% to 6% Economic_Conditions Tyler & Rutherford Loan Correspondent Mutual Benefit Life 1520 K Street ~ Main 475 | Following is a list of bonds and| stocks traded in on the New York | Curb Market today. 1{' INDUSTRIALS undreds. T Allied Pack 1 1Am Arch Co BEIF Y Stocks Bonds 0dd Lots Carried on Margin Buck & Company BROKERS— ablished 1916 312 Evans Building 1420 N. Y. Ave. NW. Tel. Franklin 7300 uinlan | Wity %08 Séw Sales STANDARD OIL ISSUES. ares. % in’ single 0 Office Building Business Property Home Apartment 2 Becal ot oo acss: o33 REFREEETSE! REAL ESTATE LOANS BUSINESS, APARTMENT, CHURCH. HOTEL, THEATER, RESIDENC AND GARAGE PROPERT CONSTRUCTION LOA: FRED T. NESBIT 1010 Vermont Ave. Main 9392 S ia day-and-night basis until further | notice and ver cent of the mills here are working full time. On the | other hand, the directors of the Manomet Mills of New Bedford have recommended that the company b dissolved. soon 2 N Associatrd Press, 3W YORK, March 7.—The cotton market opened steady today at an ad- vance of 4 to 9 points in response to higher Liverpool cables, and : showed net advances of 10 to 15 points : fll‘n.\' I:«lrl'vl. i Arrs 2 e sr- | have been made by the jon trade buying and covering. Offer-| o, 7¢ U0, LRGE T ho jings were comparatively Hght after|pare fiom the Monroe, La. the heavy selling of late last week, | tho product will be turned and there seemed to be some rebu¥ing | oity mains in the nest fow by interests that had taken profits on gt long contracts on the recent advance.| PORTLAND.—Only 50 cars of ap- Reports of rains in the Southwest | ples remain here out of the last Hood | suggested further delays in farm work { River crop owned by the Apple Grow- | which may have had some influence, | ers’ Association of that ict. The | but the main factors were supposed | crop is being cleaned up earlier than to be the advance in the English mar- | usual with a fine demand ket and the absence of Southern hedg- | Southern States. Prices ing in sufficlent volume to indicate|ing in the Hood River any general weakening of the spot |districts. situation. Private cables reported trade calling and French buying in the Liverpool market, with a small supply of con- tracts, v 258 BRI Direct Privaie Wires to New York el s ancr J & Sons. s s wrar. de'r1s | 100870°N T nw ' E § 1005 0 Ohio. . E 3800 Vacuum Oit. 1 16 Sales in BONDS. thousande. & 1 Bridgenp Mach el 3 Brit-Am_Tob Cou fields and into the Money to Loan 0y on improved real estate located in the District of Columbia. to applications. Rates of Interest 5!; & 6°¢ ON:- & LUCH 1435 K Street N.W. Matn 2345 m 5 100 2. RS & El 65 102% ‘ent Pip Cor. . m Pow & Lt 6510115 G Spr & Bump § 9 Am Roil Milf ds. 1033 DoBooo0000 Harriman & Company TRINITY BUILDING, 111 Broadway, NEW YORK e MEMBERS NEW YORK STOCK EXCHANGE 1 Anaconda 6s A 5 Appal El Pow 21 Asso G 7 Beacon, : Co 1866 N'W n p wi. from the | advanc. | ind Yakima | 5 o rtiss Aero M. % Curtis Pub ptd. , 11§ iy Dixon Crucible & Doehler Die C_¢ 2 Dubilier € & R L Dunhill Intl T 7 Durant Mot Sehild ° Eitinkon ild . iy B & Sh pfd 10610 0 Co Prompt attention =53ehoSs505ms SILVER QUOTATIONS. NEW 7 %; an_ dollars, 42 Soneos st oe s oxsoases sy SBSESSRSIRASERRASRISRSS oy e New Orleans Market. NEW ORLEANS, March 7 (P).— Cotton prices continued to improve early today after showing opening £ains of § to 9 points. Prospects for unsettled weather, which caused cov: 2 ering and trade buying, helped the pis 961 ladvance that carried March to 14.23, hnts 86% | May 14.35 and July 14.49, 11 points 1003 100% | above the previous close on all posi- 101% 1 tions, DER SITNB NIt N e 13 A AN BD DD e TRANSACT A GENERAL BROKERAGE AND S8TOCK EXCHANGE BUSINESS TATEMENT OF THE CONDITION NATIONAL SECURITY FIRE| INSURANCE COMPANY | Of Omaha, Neb Lst day of Decomber, of Columbia C August 18, Em Pow Cor n stey W Corp A Fageol Mot Co.. ¥ 93% On_the quired under t amended June 1011 Capital stock : ‘apital stock, paid up, in cash S H 970904 ) H e . | WASHINGTON OFFICE BUSINESS PROPERTY || ‘masesmil EARNINGS HIGHER. lien Western Maryland Two-Month | S190ke | ceivable Estimate Shows Gain. Premitions "ancoli R Special Dispatch to The Star. ars BALTIMORE, March 7.—Istimated 132 earnings of the Western Maryland 01 | Rallway for the first two months of % 103% | this vear are $3,892,059.76, an increase 1935 | of sx‘.’d,uli?;‘s, ‘]:‘:85 per cent, over the bt same months last year. B0 (8% | As usual coal and coke traffic and | COmmISig Brokerise. ol 10 other freight contribute most heavily | All other liabilitics to the road’s income. For January abilities 102% land February the coal revenues| (i r Of busiiiess tran 100% | totaled $2,214,620.97, an increase of 26 Geean Marine 1 8 per cent. Express revenues for the oo, Bprsnkler Leakage: two months show an increase of 44 xplosion, Frost. Use and per cent. Small increases are shown in reve- s trnm'trelzhl oll.lc::lr hthan co?l and coke, mail and mi neous items. | . ve 1087 | Decreases are reported in milk and | MoRe%, Seciisgd dunns 100 * | passenger revenues. Expended durins ' i " ye: 103% . WALSH. S ji* | TEXTILE PLANTS ACTIVE. |, Fufktiaf s Sios of Fet 1o of February. ) P. 0, 1 Gen 9 Gen El 19 Gillette § R.. Gleason Prod ‘¢ 1Glen Good: Cash in office. ..~ $100.00 | Cash in_bank 5 100,140.66 | Real estate morisuge ) bonds ) L) o 5 5 52 hands of agents........ 21 18 Interest duo and accried. 558 B S Son Soreuen S58 RSO O000: q LOANS ~ We specialize in placing First Mortgage loans on business properties, office buildings and apart- ment houses, together with large construction loans. 3 e Y Total assets. LIABILITIE: et unpaid claims. Reserve as required by i Salaries, Tents, expenses, TRt £ s 2 Equitable Co-Operative Building Ass’n JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary Organized 1879 47ith YEAR COMPLETED Assets. . $5,136,317.22 ...$1,406,495.76 Subscriptions for the 92nd Issue of Stock Being Received The interest rates are low and our commission $367. 947‘4510“; Char;es reasonnb]e. ) | Start Today Come in and talk with us regarding your re- i i R aving Systematically 200,065.66 quirements. Whether you are W. H' WES C()MPAN saving for a house or 381,047.19 President. 916 15th to complete your chil- g dren’s education, you'll find the Equi- table’s systematic sav- ing plan a valuable aid to accumulate Soo505o0500e0y: EEFEREEE CREERE R 23 [y d Sq Gar vie 17 ire Lon. D 0l FP S % Motor To e 323332333 P S i o [y R T ey 094 Wl > fhw o . DR o S AR DTS 5283 e D A B i e R0 23 1 Faaegses ot ] £ b N St AR LW DS i D P DT e 0 2 A S5 52: 59 CEREEEE EEEEEEEREE S it b - somiamiot (R 5 2 PP ooy 5 & Just a small por- tion of your salary deposited regularly will in time grow to a substantial sum, Start now and stick 5 isamgsne % = B SRS ag BFBohEha g FFEEES ) 2 ppem EEEE 22253 B oy S50 CHARLOTTE, N. C. 98y | The Charlotte Observer has completed 100 a survey of the textile industry, which 193 |indicates that all the cotton textile 9414 (mills in the Pledmont section of the 10“3 Carolinas are running on full-day $9% | sohedules, and a majority of them are 8% |running both day and night, %% So far as the survey disclosed, there 033 |1s not an idle cotton mill in all this 0 great Southern textile region. 3 It was further disclosed by the sur- vey that the mill operators are more optimistic than they were a few months ago, that the industry is on a ESNE5 S, 535 - - B R Holden Co., Inc., Agents, Alexandria, Va. e i =T L ok K] § 1L Mt s iz 353 2200555055555, 25 3382332225225 EEER X3 £ eataame 23528 Holden Bld; EMINENT T DAINTERS R S sl agaaay e o g i sz ¥ £ e sk Siken o, » & S Stores. 284 Corp... § o 1 4 Si & s 8 Se b iz 223332353 ] = 235 PE PR BEEIE WS ® R Service 83 2 ) BEES oo 2 & wad Biwugtd RS e l"r‘a'v" .. 22z EEEEA ] £ et 35 TP e . 52 % £ - . 33 s ‘Sflg 5oE B2 more stable basis generally, that many of them have orders booked farther ahead, and that conditions are more generally normal than they were most | Every day men and women inexperienced in Financial Matters come to us for guidance. Never in the twenty years of our career have we ill-advised them. Our Partial Payment Plan of Purchase is particularly desir- TS 12 - oy SoEeSls i ! ] 88 ol of last year. - cagessnonms oxe B 8 s ‘ ! I able for people who desire to systematically save toward ultimate 39 - H p, 2 ownership of a Security. First Mortgage Notes Assured Annual Yield 2 » gé Provident Mutual Life e Insurance Company e Funds to Loan / 8 & In Small or Large Amounts at 53§ Per Cent. WM. H. SAUNDERS CO., Inc. Realtors 1433K St. N.W. Main 10167 BRI AR e - BRI BENYE 8T 3 258525232 e 3R32533253385332853! = Eitt 25eB5En 2 . 00 021200 B TEOOHRS DD 5 ™ B i o i aag % iy 5 b an On Improved Property - i Y ] -2 SESEASRENES IR SRR ZEAZEEARRE .S R RS R R R Flkes ), S Mortgage Investment Department \ 2 Dairy P B Poc "Hiach o MINING STOCKS. Tundreds 1 Anglo Chil 2o oS58 2 S . 17 207 | Monthly payment Loané ' Straight Three-Year Loans Ou.l' Greatest Asset Lowest Interest Rates b e e Satxsfactory Terms appear on our balance CONSULT sheet, probably our Wi ! Real Estate Department greatest asset is the (080 T0L TIL 10 Confidence of the F’L‘:I—h‘, : w OMPANY o R 1435 K Street Main 2345 5! £33 &2 C > Mi; RR35532527353535 5503 OLDEST National Bank in the District of Columbia geessaspes T ISR B EPRR PERSERE PR S tam PesSadonsens s t:-u:z‘u-l o:-':%v:uza : " 5 -“a- you N the seventeen or gt @l ] crser sear which 702 National Bank Bl composed Raphael’s working life he passed through stages of devel- opment for which a cen- tury would not have seemed too long. His versatility of power was | NEW YORW, March 7 (P .—Flour | steady: Spring patents, 7.30a7.60; soft | Winter stralghts, 6.20a6.45; hard Win- |ter straights, 7.20a7.50, Rye stea {No. 2 Western, 1.17% f. 0. b, New York, and 1.15% c. i. f. export. Barley | quiet malting, $8%a80% c.1.7., New Buckwheat = quiet; Japanese, milling, nadian, 1.5, aull; mess, 36.50; family, 39.50a Lard easy; Middle West, 12.95 allow varely steady; special {100se, 7% extra, 17, Wheat futures e {opened firm; dowestic, May, 1.44. P kte Anl; slRrploe B i ) for a church, colossal WOdL INQUIRY FAIR. figures in fresco, a por- BOSTON, March 7 (Special).—e- G. M.-P. MURPHY| trait, a miniature, or dec- | atum-grade’ domestic wools continued | | in fair inquiry as the week started || & CO :‘":flx "::mi:em‘"’:" . yhl v S 0 have excelled in each. on the Boston wool market, Members New York Stock Ezchange ipearhs Tono Belmont Dtah Aex. . Utah Metals Wenden Cop. . INDEPENDENT OIL STOC ndreds. Olifids . atbo C Public, built up dur- (LI} T | T AND_TRUST C ing our century and more of unint;rrupted iee 't o service to the busi o LB gl discharged with efficiency Cif t it Ses : it Ser B B pfd. ‘olumbia Synd. . reols Synd .. rown Cent Pete. ness community. 47 Seasoned facili o e e B 3t 1010 Verment Ave., Rm. 508. 15th and Penna. Ave. NNW BRANCHES H 4 Gulf Ofl of Pa. %% Honolulu Cons O *3 7 Leanard Ofl 51 8tar G n Dol + Magdal d . 1 Mex Panuco 4 Mount Prad ... . 32 s bmw.sen low domestic and high for- ! Southwest— 7th and E Sts.' S.W. Central— 7th and Mass. Ave. N.-W. Northeast— Northwest— 8th and H Sts. N.E. 1140 13th St. N.W. Over Thirty-eight Y ears' Experience 113 Years Ola Metropolitan Bank 2 St., :i!e U. S. Treasury ~EoERs Mes Laind 123 % |elgn prices, and it is understood some ,,.\,’:;fj;”;{ '3“‘ oid shipments for foreign account have - |resulted. Fine territory is held at, eosmirs o {1.10a1.12, clean basis, French comb- | |ing at 1.05. halt-blood at 1.00a1.02, /)l | JOHN L. EDWARDS & COMPANY PAID ON SAVINGS Such versatility is the mark of rare genius. But concentration on one ideal is also to be ad- mired. Such is the forte of Swartzell, Rheem & A copy of our Fortnightly Hensey Company, who Review sent on request . for nearly fifty-eight 1416 H Street y:n}'s have concent!:ltod Neotifiest their knowledge, training and practice on making 52 Broadway, New York Fisher’s Price Index | |with chotce lots at 103; three-elghths: | blood at 90a92 and quarter-blood at | 80a82. Fleece wools of Ohio quality | The following table shows the av-|are quoted at 46846 for delaine and age movement from week to week |half-blood and at 45 for three-eighths. (1) of the wholesale prices of 7 rep- |blood and 44a45 for quarter-blood, resentative commodities (from Dun’s | grease basis. Review) and (2) of the purchasing pow. . INCOME DECREASED. er of the dofar ‘EW YORK, March 7 (®).—Mar- land Oil Co. reports net income of $11,690,811 for 1926, against $14,799,. BN S % MORTGAG WHAT MAKES SECURITIES “SECURE?” Thé establishment oi their principal protection; the regu- larity of their interest yield; the LIFE INSURANCE COMPANY ©OF BOSTON, MASSACHUSETTS % LOANS % No Appraised Charges No Fees for Settlement Prompt action on houses, apartments and business properties in the D. C. and nearby Maryland. LOAN DEPARTMENT W. L. King, Manager the First Mortgage note Richmond, Va. I the safest investment | which one can buy. | earnings were larger, but a change in 4 applying labor costs of drilling welis ¥ | resuited in a deduction of $9,887,771 x| from income, u charge-off of all in- g tangible drilling costs. As 2 reault and prestige i the in- otal reserves last year were $15,400,- - ides 211, more than double the amount th vestment field, and today management that guides them $77,608 Me X we offer to you in safely through the years they 81 for 1925. amounts even as low as serve you. Our DS et $100, the fruit of this 5 PANDEM OIL PROFIT. 6% FIRST MORTGAGES | NEW YORK, March 7 (#).—The re- :I:al:edw:::’z;{ :Z co:;::; tion, shows net profit of $532,867, The e —safeguard your funds with ap- 3 proved, improved local realty. Their interest checks reach you unfailingly, in full. Our Third | company now operates 61 producing %fiflzeél of a_ Century’s l‘:ef-flfd is your,, { wells. Gross income from oil and gas protection. For in investing money, one looks for experience . Gross earnings were against §64,718 A Third of a We Buy and Sell Liberty Bonds Treasury Notes Etc. Bond Department The Washington Loan and Trust Company 900 F Street Foreign Weekly Index. Crump’s (London Finan index number for Englar Times Century Without a sales was $617,093. Index No. of — STV vripainperent | ponroRy - Y. CHICAGO, March 7 (#).—Poultry alive, steady; receipts 8 cars; fowls, 2434a27; springs, 30; turkeys, 30; roos- ters, 19; ducks, 20a32; geese, 16a18. —— RUBBER UNCHANGED. NEW YORK, March 7 (Special).— Crude rubber, smoked ribbed sheets, remained unchanged at today's noon quotation of 41%. This compares with 38 & month ago and 55% a yvear ago. Date— 24 Average 925 Average. First_quarter.. Second quarter. ‘Third quarter Fourth quarter. Average First guarter Second week Third week. Fourth week. . e — aver Bond offerings today, include $3, 360,000 6 per cent gold. for the eity of Coral Gables, B DNRRGD ek SR aeG o 3 B8ETHB SIILRFENERREL! B APLbE Bk DB ABE: