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299 THE FEVENING STAR. WASHINGTON, D. €. TUESDAY, NOVEMBER 1927. "FINANCIAL. e G e SR CHICAGO LIVE STOCK MARKET | ON NEW YORK BONDS STOCK EXCHANGE' i CHICAGO, November 22 (#) (United COTTON GOODS STEADY. NEW YORK, November 22 (Spe- | cial).—Cotton goods markets were again quiet today at unchanged | | prices. Print cloths were quoted at 815 for 64x60s and at 9% for 63x7 vIZM\‘ silks were firm in a quiet mar- 5116 116 116 1 101% 101% 101% 52 109% 109% 109% 1101 101 101 11 104% 1047 1047 Wabash 55 76 B... 17 104' 104 101 West Maryland 4. 48 867 80t S6% West Md 5%877... 12 102% 102t 102% ¢ Western Pacific fs. 2 100% 100% 100t | Whel & L Erf 418 10 95 UnlonPac 1st ref 68 Union Pac ev Virginia Ry 1st 68s. va Ry & P 68. Wabash 1st 6s. MONEY for SECOND MORTGAGE LOANS flomes and Business Fropertien PHILIP MILSTONE | 1104 Vermont Ave. Decatur 168) Money to Loan Sccured oy first deed of trust on real estate FINANCIAL. Prevaiing_interest mng :‘my»vm-n.m REAL SESI;ZTE%L)OANS J IN BWARKH L34 States Department of Agriculture)— Hogs—Receipts, *50,000 head; better grade hogs, 180 lower than a off more; pi ! | 30 lower; p .00, bull UNITED STATES. (3ai0s are 0 81 000 ) Sales Hich Low Close 80 101 101 20 101 25 10312 1039 1039 100 29 100 26 100 2 1041 10330 1 10: 102 107 107 4 10 10935 1 11158 11430 1143 FOREIGN. Sales High Low Close Argentine 5s.. oL 91 91 Argentine s Ju 29 100 99% 100 Argentine 65 Oct59 101 100ia 491y Argentine 6s A.... 101% 1001, Argentine 6s B 991y Australia 5s 1955 Australia 5s 1957.. Austria 7s. Bank of Chile 61%s United Drug 65 U'S Rub Ist rf 6s.. U'S Rub 7%s U'S Steel sf 65. Utah Pow & Lt | vertientes Sug Warner Sug 18 39.. Warner West Klec 5 Westn Unton 6! Westinghouse 5s.. Willys-Ov 6168 33. Wilson & Co st fis Winchester A 7 Youngstn S&T 6s. RAILROAD 1 Ann Arbor4s... g Atehison ad) 4S.... Afchison zen 4s .. 22 | AtianticC Locl 4s.. 10 AtlanticC L Ist4s. 7 fat & Danistas4s | B & O Gold 4s B&Ocvilys | B & O ref bs B & O 58 2000 D. B ct. iB I pounds. 8.00as.60 7.5028.00; best selected lots, up. 8.00 or bet 7.00: bulk packin lightweights, 8001 ttle—Receipts, 15 ow. but in line with y 1.00 under last wee od to near choice selling last k nt most fat steers toda ownward: strictly choice lo lings held around 18.50: about antRostgen| 0 GRTTIO In EUn: Toceint m the New bulls steady to ¢ to_ supply o the industrie the city with hinbalang |4t an average o of 26 cents per 1.000 cubic feet, provided none of th is used for domestic purposes. The company proposes to spend §1.000,000 in pipe lines and other equipment. || ROIT.—The export sales of | pohd n trucks, which are turned out | (P 6 ew division of Dodge Bros., | yig 00 G0¢ CRERE | d'n mew high record this | ¢% PoRAds. vear, with 9,016 vehicles sold abroad [ p-hound of {up to the first of this month. The | 44y 8 i td country was made | | {o Canada, A corresponding gain has | heen shown throughout November to te. FORT bin § Lib st 48 Lib3d 4ts 19 Lib4th 4y 100 US 3% 43-47 264 US3y US 481944, US4yss2. FRED T. NESBIT 1010 Vermont Ave, Main 9302 'High Coupon issues Attract More Traders—Dodge 6s | Are Feature. i Capital and Surplus $3,000,000.00 ROSPERITY is a national blessing for which all have cause to be Thankful, but THRIFT necessity. to over workers. “join hanc S YOUNGSTOWN, Ohio. November 2 (special).—Steel operations in the M honing Valley are the low point of the vear, with of the 53 open hearth furnaces of the district in oper ation and 65 of the 127 shect mil active, NEW ORLE are considering Orleans Public ad | low close or 50 t | spots off more o ty steers | 15.00217.50; Mortzage Money Loaned at Low Interest Rates Eeanomic Canditions Tyler & R 1+a L BY CHAL S F. SPEARE. utherford | < v o o Star oin nelu Novembe —"The today was s ot in- iherof stg | steady unel NEW YORK, rd the high coupon companics. | A nu ive and at the i ures of tho year : o | Belzium 6s. This was partly in sympathy with | Bel, IF YOU WANT MONEY S e eyl LT maturing Mort due to the absorption of bonds ! Belgium 7 1056, .. tate in the e better g » on which the re- Belglum 7%s 528 S lbr vitinity! rn is small. Improvement in trade | Belgium 8s. have ample [ | conditions was also a tactor that help- | Bolfvia 8s t interest stimulate industrial issues | Bordeaux 6s. .. feature of this up wa the Brazil 6158, which rose over a point, | Brazil 7s. how a wain of 6's points | Brazil 8s. . e almost uninterrupted vear from 96 to 82 The zher as the common ind preferred shares of the zompany { advanced during the day A Other stror Cor nt 520 K Street . vice Co. tow 1 { Austrial | these were Main .75 is an abiding We're bankers 50.000 Thrift- Won't you " with us? opening fairly i ly bulkc good woolen' | choice lambs up to higher: culls, 10.50 activ 100 101! < 104% 100 1025 11 1067 831y 1064 10612 10413 104 14t 113 L9 109 1085 121 108 104 o DI Grah Ly the truc have reackh invited in_any Rate of Inter- large and small Deposits mount. Same est Paid accounts. O 1st OB8.:...: Orfimpés.... O PLEWY 4s. ¢ O SW 5850, O Toledo 4s. Irdwy & 7th Av ss | Bkivn Manhat fis. 106 Buff R & Pitt 4% better s funds- THE COMMERCIAL NATIONAL COMPANY (Inc.) Paid S Capitat S300.000 RN S TR S it on nd now 2 rgest Bremen, State, C Buenos Afres 78 57 | Buenos Aires 7s 58 | { Canada 53 1931.... Chile 78 1943. | Chile8s 1941. .. 0 g_industrials were Ana-|Son Pow Japan 7s. nda Copper 7s, at 110; Andes Cop- | Copenhagen Sset.. 7s, at 109, a gain of a point; Porto | Copenhagen 64, an Tobacco convertible 6s around | Suba6ks. . Remington nd alys, which | Czecho Tk%srets. .. 2 points since the dividend [ Szecho 8s1951.... non stock was passed last | Czecho 8s 52. ... \rine for the first time | Danish Munic8s A S Bathlenes . 'SIn. | Danish Munic 8s B (i Z 7 .s. Brook. | Denmark 6s. .. < DE I 5% Mch 100 Share or Odd Lots { & pomt Dutch East I 63 62. A | (here was | FInland s £ 6s 45... ut Ave. at De Sales St. sl s R ephone Main 1581 wern shaded | Framerican 7t%s. ational Great Western ad. | French7s.. ents Gs, however, ed half | at on the supposition that they ve retired at par January 1, when lroad company is absorbed into Coast Lines stem a a greater Missouri Pacific POTATO MARKET DULL CHICAGO. November 22 (). — hig | toes—Receipts, 118 cars; o cor. | cars; total United States cars; demand and mover market dull; few sales repo consin, sacked, round whites Minnesota, North Dakota round whites. 1.35a1.45; sa River Ohic a1.40; 1d Russets, 1.65a1.85 PRICES ON PARIS BOURSE. PARIS, November ). —Pr N 102% were heavy on the t 61 | The 3 per cent rent 6015 60t 2 R 75 centimes: exchar 100 American hardware is increasing In | francs 4 centimes: popularity in the provincial districts | was 75 franes 75 cen | of China. was quoted at 25 fran 938, 00ty N The Oldest Savings Institution in the District of Columbia Cor. 15th and New York Ave. 61st Year 5 102 102 40 102 101% 2> 110 110 98% 981, 44 9 953 8 100 100% 24 103 103 8 105 105 7 1087 1084 4 108% 108% 3 111% 111% 1 111% I11% 5105 1047 24 108% 103 0 105 105 16 961 964 13 100 100 104% 104% 10613 10614 45 115% 115% 33 1107 110% 105% 105 974 4 6 101% 101's 4 9615 9615 4 100 100 97% 97T% 9% 94'% 9% 91% 54 1017 101% 99% 99% WORTH Another market for west Texas grain ghums seems to have been opened. | About 20,000,000 pounds of kaffir corn | have heen sold for export to Germany, | with exporters paying about $1.38 per | 1100 pounds. The grain is being «emi 1005 - 100% 12 100% a0 5 1000 1047 1084 10; conda Is Strong. Can Canad P Can Pac 415 46 | Car Clinch & O 5s.. Car Clinch&O 6s 52 Cent of Ga 6s Central Pacific 4s { Cent Pac 1st 58 90. Chesa Corp 5s wl.. Ches & Ocv 4%s SAME SERVICES GIVEN WRIGHT, SLADE & CO. o aink T el e hcin MEMBERS ATLANTA.—Severe drought in south | Georgia has cut short the cane crop | ind will lower the 1927 sirup yield. | Arrangements are heing made to sell | * | the entire sirup output en bloc through co-operative agencies 101% 1001 1021 6s, were 57 B Alton 315s. . -oem=DENTAL AGENTS Unprofitable properties have been turned to profitable holdings by our Rental Department. Because of our years of experience your properties when placed in our hands are as- sured of the utmost setvice at a mini- mum cost. Connect T IChiB&QIstr Chi & E 1l xn 58 51 Chi Gt West 4359. The dol 14 centimes French 8s. German 7s... Ger Am Bank 7s. Ger Gen Elec 7s, Greek 7s, Haiti 6s... Italy 7s. Italy Pub 7s. Japanese 4s. Japanese 6%s. Lyon 6s Marsellle 6s.... Mexico 4s 04 asntd Mexico 4s 10 asntd Milan 6%s...... Montevideo 7s. .. Netherlands 6s 54. Nord 8%s. Norway 5%s Norway 6s 1943... Norway 6s 1944 Norway 68 1952 Orient Dev deb 6s Paris-Ly-Med 6s.. Paris-Ly-Med 7s.. Paris Orleans 7s. . Peru 7s. .. Peru 7%s. Peru 7 Peru 8s Poland 65 40...... Poland 8s Porto Alegre 8s.., 5 512 Prague 7%s. 104% 104% Queensland 6s 107 105% Queensland 7s 6 114% 114%2 Rhinelbe Un 7s.... 14 107% 107% Rio deJan 88 1946. 2 105' 105% Rlo Gr Do Sul8s.. 9 105% 105% Rome 614s. . 72 91% 91 Sao Paulo 1950 106's 1065 Saxon (PW) i 9 99 9 Seine 7s 42. . 11 103% 103% Serbs Crot Slo 8 983 98% 3otssons fs 47 Sweden 6S......00 103% Swiss 5151946 Swiss Confed s Toho Elec Pow 7 Tokio 513 1961... Utd Kingm 535 29 Utd Kingm 5%8 37 14 106% 106% Yokohama fswi.. 32 947 94 MISCELLANEOUS. Am AgriChem 7% 5 104 104 Am Cotton Oll 6s.. 15 100% 100 Am Repub deb 6s. 101% 101% Am Smit & R 15t 68 21 102% 102 AmSmit&R6s... 5 109 Am Sugar ref 6s.. 5 AmT& Teltr4 Am T & Tl tr b AmT & T sf bs Am T & T deb 5%s Am Water Wks b8 Anaconda 1st 6s. Anaconda cv db 7, Andes Cop Ts rets. Armour&Co 435 39 Armour Del 5%s.. Atlantic Refin 5s.. Barnsdall 6s 1940 Bell Tel Pa 53 B Bell Tel Pa §s C. Beth Steel p m 5: Beth Steel 5% 53. Beth Steel fs Brier H St 1st 5%s Bklyn Ed gen 58 Bklyn Unfon 5%s. Bush T Bldg 5s 60. Central Leather 6 Chile Copper 6s. Con Coal Md 1st 5: ConGas N Y 6%s.. 16 Consumers Pow 58 Cuba Canecv §s. .. { Cuba Canecv 7s. | Cuban Am Sug 8s. | Davison Chem 6% . Dery (DG) 78 Det Edison 65 40 Det 1dison ref 6s.. Dodge 6s. The New York Life Insurance Company Offers to Make First Mortgage Loans On Improved Real Estate in the District of Colun.bia and Nearby Suburbs in Montgomery County, Md, for 3. 5 or 10 year terms on your 5%2% - Apply RARNDALL H. HAGNER & COMPANY Incotporated MORTGAGE LoAN CORRESPONDENT 1321 Connecticut Ave. Telephone Main 9700 SYSTEMATIC SAVING IS THE SUREST ROAD TO FUTURE FINANCIAL INDEPENDENCE SHANNON_ & LUCHY) 1435 K Street N.W. were steady, but Northern 7s touched Pacific debenture 4s 90, Northern Pac above their <t mortg: 5, Canadian re back to ere fractionally ce, while the first chison, Baltimore acific’ and Northern Pacific about where they have been several days The United States as lower, with a_decline of 14 in the veasury 41ss and nearly as much in ] reaction was due to ont that between $300.- {000,000 and 70,000,000 of new cer- | tificates of indebtness would be is- sued next month. South Americans Attract. | Owing to the unsatisfactory action of German issues recently, intel |in foreign bonds has shifted from 1o South American s and municipals. The Peruv Neai was strong today, the 7% a point and sclling within point of their redemption price he 7s did not do so well, around 102. They are re | e at 105 ere are $46,000,- {000 of various Peruvian dollar bonds {in this market and some refinancing [to take & of the 2 %’ | money conditions was in prospect. First Deed of Trust §! Argentine 6s were up half to a point, with the A" issue at the Notes for Sale Secured by Improved Real Estate in the District of Columbia Principal and Interest GUARANTEED REAL ESTATE MORTGAGE & GUARANTY CORPORATION Main 1403 26 Jackson Place Resources Over $4,000,000 L. E. Breuninger, President s | C R I Pac 4155 w IcniTH& S E6s ;Cht T H inc 6s 60 C& W IhHlsh Chi & W Ind cn 4s. Chi Un Sta 41s... CCC&StLrf6sA. Clev Term 5s C&S Ist 4s 20. 1 Colo & Sou 4% Cuba R R Cuba R R 7%s. Cuba Nor 5%;scts. . | Del & Hud st rf 43 Del & Hud 5%s Del & Hud 7s 30. Den & Rio G cn 48. | Den&RioG 415 36. D & Rio G imp 5s D Rlo G West 5. Det United 4%s. Erfe gen 4s.... Erleconv 4s B rie cvt 55 67 wil... rie Genessee R 63 rie & Jersey 6s. Srie conv ext 7s. Fla 8C5s74 Gr Trunk stdb 6s | Grand Trunk 7s... : Great North 4%4sw Great North 5%s.. | Gr Norgen7s... Green B & W db B, Hocking Val 41s Hud & Man ref bs. Hud & Man aj 6s. 111 Cent 45 52. 111 Cent 4s 53. 11l Cent 4% s 66 { 11 C-C-St L jt 4%s 1i1-C-C StL&NO bs. Int Rapid Tran 6s. { Int Rap I'r 55 stpd. Int Rap Tran 6s... Int Rap Tran 7s... Gt Nor 4%8 76 D. Int Gt Nor 55 1956. Int & G Nor ad 6s.. Int Rys C A 68 72.. Int Ry C A 61s ret Kan City FtS 4s.. Kansas City S 3s Kansas City S bs Kan City Term 4s. Lake Shore 4s 31, ! Long Is rf 4s 49 Louts&Nash uni 48 90 | L & N 4 87% | Louls & 103 102% 106 1053 101 101% ion Rental Department EAVER BRO! REALTORS 809 15th St. NNW. Main 9486 60 103 102'% 7 100% 997 32 101'2 1007 16 10312 103 27 103% 103 20 10274 102 96t 9 16 95% 954 14 101% 101% X 100% 1001y 440 102% 101% 146 107 105% 38 107 106% 1094 108 Jovernment list Office Building usiness Property Apartment Home the announce 9 1011, 1001 1011 | 10615 | t 8 9% | 105 1044 10619 2345 half [ 1 The Brighton Apartments GUARANTEED First Mortgage 6% Gold Bonds first mortgage 5s. offered in the |amount of §:5,000,000, went well. 112% 9814 | FEDERAL LAND BANK BONDS. Closing.) Aprox Vield 6 93 11 88% 884 2118 118 (Quoted by Alex. Brown & Sous 100% Asked 108 103% These Men Selected This Offering Officers and Directors of the Real Estate ‘Mortgage & Guaranty Corpuration L. E. BREUNINGER President Patsioent L. E Breywiwern & Sons CoNSTRUCTION COMPANY 2 PRESIOINT CITIZEns SAviNes BARk. R. L. NEUHAUSER Vice-President r 3% TAE BAR OF THE DisTRICT oF CotuMmu ‘THOMAS SOMERVILLE Vice-President PRESIOENT THoMAS SOMERVILLE COMPARY. PLUMBING SuPPLES PRESIOINT PARK SAVINGS BANK DirecTor NATIONAL METROPOLITA BANK PRESiOENT WASHINGTON TeRRA CoTa Works PRESIOINT WASHINGTON Bakss Works. Masj. Gen. ANTON STEPHAN Treasurer GENERAL MARAGER DULIN & MARTIN COMPANY HoreL Suruies CoMMANDING GENERAL NATIONAL GUARD OF DisTRICT OF CoLuMsin CouMADING GENERAL OF TWENTY.NINTH Division oF NATIONAL GuaRD PRESOENT MERCHANTS AND MANUPACTURIRS AssocuTion W. P. STICKLB Secretary Meusea 5% TN BaR oF THE DISTRICT OF COLUMBA ARD THE STATE 0 New Jerser FRED DREW AHIOENT F1ED DRew Coupany, Ing. CONTRACTORS AND BULLDERS. DinEcToR SEcoud NATIONAL BANK. HAYDEN JOHNSON 100% 105 109% 108%% 90 FOREIGN EXCHANGE. (Quotations furnished by W. B. Hi Nomnnal Se! Continental Trust Co. ”' 14th and H Streets Capital $1,000,000.00 Checking Accounts Savings Accounts Time Deposits Foreign Exchanges Commercial Credits Travelers’ Credits Travelers’ Cheques Acceptance Credits Collections Real Estate Loans Collateral Loans M St P& SSM 6%s MK &T 1st4s. {MK&Tad)6s.. MK & T prin s A, Mo Paciic gen 48 | Mo Pac 55 A 65 Mo Pac 6s I 77. Mob&Ohio Mob&0 1125 77 ¢ Nassau 1 45 51 N O Tex & M bs NOT&Mb% N Y Cent 45 95. N Y Centdeb 4s.. N ¥ Centribs. N ¥ Cent LS cf NYCrfim4} 104% 105 947 834 107 2 10416 97l 94n 1074 1917 47 103 0% 87% kholm. crown TREASUPY CFRTIFICATES. st THE COMMERCIAL NATIONAL BANK, Corporate Trustee GUARANTEE: Each bond of this issue bears the Real Estate Mort- gage &° Guaranty Corporation’s direct and unequivocal guarantee of full payment of principal and interest. This Corporation has capital, surplus and reserves of $3,413,613.78 and resources of $4,654,210.72. SHORT-TERM SECURITIES. (Revrted by J & W, Selizman & Co. Noon —— | Aske ' B Investment Securities Corporate Trusts Individual Trusts Administrator, Executor Safe Deposit Boxes Continental Trust Co. 14th and H Streets WADE H. COOPER. President Capital $1,000,000.00 For Investment— Buy and Keep Cities Service Common Stock In its 17 years of growth cte ss of Cities Ser ice Compuny have be over $200,000,000. In the sun hs th or the its € present pr of over 81 id d n S90.000 0 nds totaling m valent to owners ck, which at e gives you a net yi on your money. Hiemyi. Donherty " ] & Compeny 301 S N Washin time the Company ) in cash and stock East Cuba Sug 7% Fisk Rubber 8s.... Goodrich 6%s. . Goodyear 5s rets. . Hershey 5%s. { Hoe & Co 6% | Humble O11 5s. .. Humble O & R5%s Lllinots Bell 1st 5s. Ulinots Steel 4155 Int Mer Marine 6s. 32 Int Paper 5s 47. Int Paper cv 68 Int Paper cv 63 sta Inter Paper fd 6s.. Int Tel&Teleg 4%s | J Kayser & Co 6%s Kan G & 1 6352.. Kelly-Spring 8s. .. Lacl G re: | Laciede G 5%s Liggett & Myers 58 Lorillard (P) bs Loriliard (P) 7s Louisv G & £ 6s 62 Manat! Sug sf T%s Mid-Con 6%s 40 Midvale Steel bs. . Montana Pow 58 Mor’'s & Co 1st 4 Nat Tube 1st 58, New Eng Tel 5s... N Y Edison 6%s NYGELHS ’ W e N Y Tel 4%s e ee 15 Dee N Y Tel fis 41, y N Y Tel 63 4y, North Am Edis hs, 1 | Nor Ohio T & L 6s. Nor States Pow bs. Pac Gas & El 5 5| Pac T & T 63 5! Peoples Gas 5s ‘; Phila Co 5%s 38 1ii| Phila Cort 6s A 16 Phlla& RACK | | Plerce-Arrow 8s. . | Publie Service 5%s | Public Service €s. . P ServGas 6%s 69 P ServGas5i:s 64 | Punta Alegre7s. .. Itemington Arms 6s Inciatr O11 6s.... Sinclair Ol 6. . wclair Ol Ts | Sin Crude Ol 6s | Sin Pipe Line 63 18,000,000 pipe mill at | Skelly Oil 5153, “the only one on the | Sou Bell Tel 63, rd, has been placed in | Southwest Bell 5. | part oper and its product is now | Standard O N J 68 2 Leing delivered to customers. It is |Sug Bast Orlent 7s cxpected that the mill will be placed ' Tenn Elec Pow 6s., on full schedule within a short time. Toledo Ldn Lst 7s.. 100 101 % 99 1011 101 re & O o 4158 i Wi e i cn ore of eld st Conper Owens S nt Petrolenm Steel FAv pf 1 Shim OPERATING. « PIPE MILL PAl November wem Steel (Spe por 104 1185 10754 4% 1004 1124 1001y 103% B 1050 1064 1n7 9614 101 L08% 110% [(NEN 1014 102% 10274 105'% 1044 1041 1045 102ty 9818 104% 107 105% 105% 1097 1104 105% 1081 974 1001 91 945 104% 105% 104 100 107% JULHY YChi, | NYChI&StL 588, INYC&StL6sA. New Haven 4s NY NH&H db 485 NY NIl&H ev db 6s Hav&H cit 6 NY O&W gen 45 65 N YOnt W istds.. N Y Rys 636 Y State Ry | NYStateRy 6% \N Y W & Bos 458, Norfolk & W cn #s. Nor Pac 3s 20417 Northern Pac 45. Northern Pac 5s Northern Pac r ) 63 Ore Short L rfs 4s. Ore Wash 1st 4s... Pennsyl zen 4% pPennsyl gen 58, Pennsyl bs 64. Pennsyl 6%s. Pennsyl goid 7 t q 1stos. PCC&StLYsA PCC&SIL bs B 75 Port RL & P5s 4 Reading sen 4%s.. RioG W st 4 R1ArK & L%s. St L 1M St 1 M&S g0 109 Lo ! 1010 1014 | 1028 StL&SKFpI4SA. StL&S K prinbs. StL&SKH%sSD StL &S Kad6s. StL&SF tncé SULS W Ist4 StL S W con s t P& KCShL 4% St P Un Dep 5s. Seab A L ref 43 Seaboard AL 4s sta Seab A Ladj bs Seab A L con 6s Sou Pac 4s29.. Sou Pacific ref 4s ou Ry zen 4s... Sou Ry 68 56 Southern Ry 6%s. TexArk FS5%s 50 Lexas & Pacific 1t Tex & Pac 58 77 rts Third Ave ref 4s 60 Third Ave 1st s 37 Third Avead) 5s.. Tol StL& W 48 Tol Tr L&P 6% 30 100% Unlon Pac 1st rf 4s 107% Un Pac 4%s 67 1087 Unilon Pac 1st 4 9y 100 91 94% 105 105% 104 i 97ty 109% 16 9974 931e 10412 11 105 % SBAll Fla 6335 A, & 1 106% 112 1031 6814 99l 92% 100% 98 100% 98!y 103 04 it Y9 | 1010 | yi FIE 10354 | 991y } 58 92% 100" DONALDSON & Jownson. ATTORNEYS OURECTOR WD COUNSEL MOUNT VERNON SAVINeS. [ OrREcTOR TausT OFFicer AND Covnsm. CoumprciaL NaTL BANK WILLIAM MUEHLEISEN PaesionNT Mout Vernow Savines Bank DONALD WOODWARD Parsiomnr WooowAro & Larneop OepaRTMENT STORE DiREcToR WASINGTON LoAn AND Taust Couramy CHARLES A. CARRY Dreecror NATioNAL CAPITAL BANK Carrr ProeaTics. Inc Oumecton NATIONA!. CAPTAL I Disticr or Couum T. C. DULIN ScarTaRY avo TREASURER DuLin & MaRTIN Couranr Hote, SuppLiEs DiRECTaR FEDERAL AMER'CAN NATIONA! BANK FRANK H. EDMONDS Opricin Dueecron CoutimenTaL. TRusT CoupanY C. 8. DUNCAN ECONOMISY ASSOCIATION OF RAILWAY EXECUTIV MEunEe Aovisorr CoumITTEE ON MANUFACTURES 0 THE CHAMBER OF COMMERCK OF UNITED STATES. ANDREW LOFFLER PREROINT A LOPFLER PROVISION COMPANT (KC OnecTon Lincouw NaTionar Buwx HENRY L. BREUNINGER ARCHITECT W0 BUILDER Muuser L E Brevwiveex & Sons ‘ConsTRUCTION CompANT SOL LANSBURGH Paesioewr Lansurcy & BRoTwER. OtpaRTuENT SToRE. HORACE G. SMITHY (OENT AND TREASURER N L SANSBURY Coupaw (e , Reat ESTATE DuRECTOR DisTRICT NATIONAL BANK Fonute Cunimman, APPRAISAL COMMITTER 0P ‘Washiaron ReAL ESTATE BoRy ‘THOMAS SOMER VILLE, Jr. DurEcToR PARK SAVINGS BANK WOMAS SOMERVIL.E COMPANY PLUMBING SUPPLits. EDWARD C. ERNST E_ecraicaL ConTmacToR Y CEPresoENT. FIDERAL LOM & Discount Con. MICHAEL A WELLER PatsiorT WeL.tr CONSTRUCTION CouPANY. INc. 'DiRECTOR NATIONAL CAPITAL BANX DurgeToR NATIONAL CAPITAL INSURANCE COMPANY 0% Distaict oF CoLuMaia Dregcron MERCHANTS BANK AN Tust Coupaxt dens 981 101 984% SECURITY: This issue of bonds is se- cured by a direct, closed tirst mortgage of $400,000 on the land, building and :qmlp- ment ot the Brighton Apartments, a wel I- established and successtully operated apartment building and hotel at 2123 Cali- fornia Street, Washington, D. C. Under the terms of the mortgage the owners of the Brighton Apartments have agreed to make semi-annual payments of $5,000 cach to be used for the retirement of bonds. These payments will reduce the amount due at the tinal maturity, on May 1, 1932, to $355,000. VALUATION: The Brighton Apart- ments property has been appraised by Thomas J. Owen & Son, expert real estate auctioneers and appraisers of Washington, at $741,250, and by Arthur Carr, realtor, at $746,760. On the basis of the lower of these :fp[ar;ns.:ls, the first mortgage bond 1ssue of $400,000 represents less than §4%, of the property value. (NCOME: For the three years ended September. 30, 1927, the annual net income of the Brighton Apartments averaged more than three times the greatest annual Mazl interest charge on the first mortgage bond 1ssue of $400,000, and more than twice the greatest annual interest charge and serial payments combined. TITLE: The validity of the title to the Brighton Apartments property has been uaranteed by the Real Estate Title & nsurance Company and the Columbia Title & Insurance Company. LEGALITY: All legal matters pertain- 1ng to this 1ssue of bonds have been passed upon by Messts. Donaldson & Johason, attorneys at law. Mr. Donaldson ts Presi- dent of the Commercial National Bank and Mr. Johnson s Trust Officer, Counsel and a Director of the same 1nstitution. PRICE: The Brighton Apartments bonds are offered subiject to prior sale, at 100 and accrued interest, to yield 677, mn semi-annual maturities from May 1, 1928, to May 1, 1932. You may buy them n denominations of $1,000, $500 or $150, cither outright for cash or by payments extended over 10 months. Under the latter lan, the full cate of bond interest is al- owed on all payments. oupon /ar-zllmtmml circular giving further details REAL ESTATE MORTGAGE 26 JACKSON PLACE WASHINGTON Rear Estate Morteace & Guaranty Core. 26 JACKSON PLACE, WASHINGTON, D. C. Wichoue obligacion on my part please send me your illuserated circular giviag turcher particulars about the Brighton Apartments Guaraateed Fiese Morse gage 6% Gold Bonds,