Evening Star Newspaper, December 8, 1927, Page 15

range of 14.00a17.00 a ton, timothy and clover grades. "FINANCIA Baltimore Markets Straw—No. 1 wheat, 11.00a11.50 per —— | * TRADING IN BONDS |—ox sew vone " BONDS smoee escusvca] (LTTON ADVANCES TR o |y ey | SRR T llGH Raceivad by Private Wire Direct to The Star Ofisa o tions of India that all work still is e nin . | BAL D - 8 (Special). done by hand and little effort beins T | e s s el ERREN. - | S AN R s e UNITED STATES. ! Skl pounds, 1598 | ouotations furnished by W. B, Hibbs & Co.) | chinery or methods. Weavjng mills 1 barrel, 1.2523.00; sweet potatoes, . c have abolished hand weaving, but | Speculative (Salee arm tn $1.000 . 1 barrel, 2.00a2.25; yams. barrel, 200a| o hand spinning of jute twine still is| London. poun Utah Pow & Lt 1101% ondon. G Sales High Low Close Lib3%s... 251 10214 10210 10210 ; . 3.00; beans 2.00; Al a popular home industry. Australia 6 100 . (0005 eAda.URANAT 1.25a8 00 eats: e wia% |is the biggest buyer of jute bags, 13 il - g 1100, 2.0023.00; Brussels sprouts, quart, e 1io0 which are used in the harvest fields, | Prices Fail to Develop Anyi bbage, 100, 2.00a4.00; cauli-|Berlin. ma semer g and the United States buys most of | | flower, crate, ; carrots, 100, the jute cloth. 2.00a3.00; celer , 1.2582.25; kale, | ; e Vi A, . 1 bushel, 20a30; lettuce. hamper, 1. Budapest, . > : onions, 100 pounds 1.00a1 Prague o B CULp b LLLLL arsiw : i HANDWORK ON JUTE. CHURCH LOANS CALCETTA.—Labor is so cheap and u position to handle cons Sales Aigh Low 7 107% 107% ——— e — REAL ESTATE LOANS 5% FRED T. NESBIT 1010 Vermont Ave. Main 9392 MONEY for SECOND MORTGAGE LOANS Homes and Business Properties PHILIP MILSTONE 1104 Vermont Ave. Decatur 1681 | Unitea Drug & U S Rub ist rf 15 94% U S Steel sf 63 511097 Lib1st 4% 2103 10310 103 10 Rails Higher. | Government List Strong. Dodge 6s Are Feature. on tish East Africa.—Ne- ofo " Crown e zotiations are under way for the tran: Lol LEha R, > 0 portation of gold from the Kilo-Motor mines of the Belgian Kongo over the FEDERAL LAfiD BANK’BONDSA Khartum-Kisumu air mail service route. Employes of the mines would il | suvoy cabhage, bushel, 20a3; Cotton | bushel. 1.25a1.50: tomatoes crate, 4.00a prices failed to deveiop any sensa. | 6-30: turnips, basket, 20a3( pples—Bushel, 1,00 barrel, tional movement on the New York | 0. cranberries, hox. 4.00a5.00; Lib3a ey 18 100 100 23 100 24 | Vertientes Sug 7s. 82 2 ”. » p- . US 450345, 216 110 00 Westn Unton ] o Sensational Movement on FOREIGN Wiison & Co tst 68 1 Special Dispatch to The Star. LS Sk G DHIDNC Iy RAILROAD. B the Assoriated Pross. Slements that have made trading in| suseraiia 5s 1 e O | AtlanticC L 1sr 4s. o Libath 48 51 104 1 | Warner Sug 75 39. US 451944, 216 110 00 Westinghous U. S. Estimate. Sales. Hizb. Low Close. | \Vinchester A 7%s v ! ! NEW YORK, December §.—Today's | A-Ecatine 6300ts9 14 1004, 8 01 ' |Atchisonadids.... U ovu 92 athntu i nd i investment issnes notable for the past [ JuSirayia o 1 e lAtanCL4%s6., 1 US 3% 43-47 191 102 30 West Elec 8 o | 3 | | US4%s52. 146 11526 11523 Willys-Ov 633 33 | Argentine5s. ... 9lu 91% 91y | YOUNRStn SAT 6s.. 5 BRI e Argentine 6s A . 9 101 | - 1, Bond market lacked nearly all the | arceniine e . 100 Atchison gen 4s... 11 987 | ed by Alex. Brown & Sons. Closing.) 5 % x i : &7 974 cotton exchange today afier publica- | grapefruit, box. 3.50a4.50: oranges. everal wee Phere was a Austria 7s vo 38 1 105 4s. % Lt . fi fovernment ef box, 3.75a5.00 Gontractian in the volume of business | Banks up Gnile 8545, 1 Ueie o | tion of the final Government ¢ and very few movements of iMpor- | gelgium 6 g8 % 98% % { mate indicating a yield of tance. _| Belgium 634s. 1025 103 The new Treasury offer of ONe-VeAr | Balatum 75 1955 065 106 106 certificates bearing 3l per cent in-| gejeiym 78 1956 045 104 terest would seen licate that the | Belgium 7148, 25 11 B Secretary of the Trea ntCINALes | Belgium 8, , . mewhat firmer money in the ”"”“"IBOHVII 8s. malf of 1928 than in the first siX|@ordeaux 68, months. The previous seven months’| gragy) g1e9. .+ notes placed in connection the | Bragil 7s redemption of the sccond Liberty | gragy gg 448 were 31 cent. Since they | Bremen, State, 78.. 1 1011 101t were sold ey market { Buenos Afre: 57 16 vanced from @ Buenos Aires7s58 6 % 4 and 43 v e | Canada 5s1931.... Prices for all of 1¢ on | Cs da 5s 1952 B v consideridiy T et R Canada 64s 1929, . o Chile 75 1943 2 1014 101% - had no ef. | Chile 8s 1941, 2110 108 98 Dairy Farm Products. es, a decrease of only 53.000 bales | Live poultry—Turkeys, pound, 43a compared with the previous month’s | 45; old, 35ad2; poor and crooked estimate. breasts, 25; Spring chickens, 26a27: Values, however, moved up ahout $1| Leghorns, 23a24; poor and thin, 17a18: bale vering and buying by |old hens, 20a26; Leghorns, 16a18; old | 415 Jom trade interests. roosters, 15a16; ducks, 22a?5; poor and July et _opened steady at an | thin, 16a18; geese, 18a25; guinea fowl, e Nov advance of 3 points to a decline of 4| each, 40a50; pigeons, pair, 20a30. 3 points and soon sold about 3 to 7 Dressed poultry—Turkeys, pound, points met lower under liquidation 35a37; poor and crooked uthern selling ; oung chickens, 26a28: old. «cked the decline around 16a17; ducks, If You Want a Loan On Your Home —or business property, located in the District of Columbia or vicinity, we'll be glad to consider your application. We charge the Lowest Rates of In- terest and Commission, and assure you prompt service. ¢ { This company is under the same ownership and management as the Commercial National Bank. 6% First Mortgage Notes for Sale —in_denominations of $100, $200, $500, $1000 and upward. SOLD OUTRIGHT or on the MONTHLY PAYMENT PLAN. Ideal investments for your surplus funds. AT Conference and Correspondence Invited. The Commercial National Co. e Paid-Up Cash Capital, $700,000.00 Commercial National Bank Building, Cor. 14th and G O PLEWY 4s. B& O SW 5550 B & O Toledo 4. Bkivn Manhat Buff R & Pitt 4y Can Nat4%s30... o 1001 | Can Nat 4%s 54... 1001 1001 | Can Nat 4%s57. . 1001 N Can Nor 41%s 1935, 1001 1 | Canad North 614 b 10.11 for . however, and the | zeoce’ ! i | Canad Pac deb 43 ] i ma terday’s | © pog eceipts, 972 cases; native [ Allis Chalmers 5e 1 1 Can Pac 4% s 46. i closir re: h and nearby current receipts in free | Am. ol & Tel. (o, 49 16 | Car Clinch&O 6s first hour on covering. Trading Was | cages " dozen, 43 strictly fresh, dozen, | American Threail Co. Gs 19 | Central Pacific 4s. | fairly active but on the whole orders [ {3 Anaconda ‘Copper 63 1 9+ | Cent Pac 1st 6s 90, {seemed to he evenly divided. and deal- [ g 0 a0 Associated Oil s | Chesa Corp 5s wi. . . to fancy creamery, | Bal ity issues | Chinese Gov Ry bs. : | ings were attributed chiefly ‘to further oI i the firet | Con Pow Japan 7s.. 12 97t 47y | Ches&Ocvales.. o 2 100% evening up In advance of the Govern-| g ™ G0 f ils, 34n36; store new high | Copenhagen 5s et. 95 |Ches&Ognalys,. L03% s [ ment crop report. | packed, dairy prints, 34a36; any effect [ Copenhagen 6 7 100% 1005 100% | Ch1 & Alton 3%s. . 6l 61 6 Private cables said some he L i 3 g i : jon issues, | Cuba bles. 5 103 103% 103% | Chl & Ait St ctfs 6 g had been absorbed by s which held around prices re. | Cxecho 73s 1051 CB& Q4% 77 B. g n Liverpool, with the trade | - quoted. with some fractionally | Czecho 8s 1951, 1081, | Ch1 B& Q ist rf bs | waiting for the American crop report. i A sig- | Czecho8s52....00: 1 108% 108% 108% | CB&Q-113%s. .. 91 | o {CB&Q-Iildivis, : | |Ch1& E [l gn 5351 2 | Chl Gt West 45 59. 11103% 105 105 | C M&StP 48 25 efs. 2 Hay and Grain Prices. 0. 2 red Winter, export, 3 red Winter, export, no quot on; No. 2 red Winter, garlicky, G domestic, 1.37%: No. 3 red Winter, | foot no quotation. H Tlow, domestic, 1.05a M : cob corn, new, 3.70a: per bar- than they have been. int incident showir he trend of | panish Munte 8s A o 11t 111 111 sale today for the fi'Sti panish Muntc8sB 2 111 111 111 known series of | Denmark 6s. e mor e bonds AU DB 1518 Nov 53.. 5 1034 104% 104% ¢ S ¥ For years they have been of-| Dutch Kast ) 88 47, . M ICM&StPgn Y., 3 1 105 1033 105% | C M & St Pev 4343, NEW YORK, December § te')‘.ld o '”x’)w speculative rails were | py 3 1081 1084 108' | CM&SPev4 thsdzess 6yl 691y 2 issue of $2,600,000 hixlm‘ ok e 4 pare 2 94n ol g\bl‘;gtrznllfirs ax Corporation first miortzage 650 : 4 : M&SP rf 4148 cf, p' sinking old wonds (closed ekl e = 45 10614 105% 10574 | C M & St P o Sl e TR e peake Corporation, New Haven and 6 1154 115% 115K | ¢ M&St I,'f":(_{-‘ s ‘»”\\un”]:‘n»r e p,l_im‘ Frizco ixsues. Western Marviand 15| pranch 8s; 31 L10% 110 1100 | e e et Irzyacie Drcember 1. 1335, and priccd ‘\:(m:»f”\[.‘n |”)|.p Sort Coast Geoman bl L e 9Bla 9612 | Chi& NW ref 6s. heing matketed today by P. W. Chap- at. 89 and sub a fractional ARLOGA L0 ’2',’“::'::?{""" 7s. man & Co., Inc., and A. M. Lamport rally from thi ol The improvement in Dodge s con- THR D ;fi",;‘};,;‘c'j,;'_‘,, e e e e e s 101% 101% 101% | Ghi'T H & S 6. 2 600,000 the Lombardy in' the company’s stock and the an- 5 0T 4k 9Th oL e 3 e LR R ] : 94 | Chi Unton Sta 5s 44 York City) first mortgage fee 6 per Bibally, Chmic Copner be Borto Fioa s 91% | Chi Union Sta 63s. cent sinking fund gold bond_ certi 2 iyl Co. 414s,|Japanese 63%s... 0 16 101'4 10114 101%4 |Chi& W Indcn 4s. 9 es ‘maturing November 15, 'fl*’“‘,"m.|,,‘,,‘};me"('.:>“- Incorporated | Jergens U M 6547, 1 106' 106 106 |C& W T 6les 62, ed at par_and a new issue of B her Stonl 53ia and’ 6a|Marselliegs....... 1 99t |Ccc&stLreesa. §I75.000 120 Bast Thirty-ninth street T oty TomtToa . | Mexico 48 08 aznid [ Clev Term 6 : 1038 buiidine. (Yo Vork Ciy) irst. mort. s it g ey < Sk ‘o | Mexico 4s 10 asntd. 4 | C& S 1st 48 29..... 94 9 gaxe fee 6 per cent sinking fund gold 'h'.;"?'f d‘:«”g*:fi"%: \‘\.'.'?;’p“‘,n‘?a’\flf.fl‘o‘s Mexico 6s asntd... 10 37% o | Colo & Sou 4%s. 2 100% bonds, due November 15, 1939, also B ithe poot Teports of the antha- 3 90u 90u 90k Cuba RRés 9T 974 priced at par. e 5 y 5 5 102% 1024 10214 | Cuba N 4 964 964 cite companies. i 214 102 German honds _ were steadier, 1028 1025 especially the public utility group. 12.}. 1:»:& The naw Poland 7s reacted slightly. 3 o oow A further financing by Central Amer- | N 2 100% fcan companies ana some large [ Norway 6s 1943, % 1024 ? South American loans are in pros- | NOrway 6s1944..,. 34 102% 1024 D Rio G West bs. .., day by Harrls, Forbes & Co., at 101, pect. S‘r’";"n:{):: :’"‘b‘i lgs" ‘g'f;" Det United 43 3 97w 9 97 [to yvield 5.36 per cent. —— 96| Erte : ? Parie-Ly-Med 6. * | Erte gen 4 Offering is made foday by Edward i Lowber Stokes & Co. of $1,000,000 e e Eriscony 45 5; ¢ Luerne Co., Pa 47, per cent bridge i Erfe cvt 55 67 wi. honds. The bonds are priced to yield Washington Gar Nor! 3 h No. 2 white, domestic, 6115a 0. 3 white, domestic, 601526115, 1 A Better Real Estate Loan —because Lowest Interest Rates Loans for Fifteen Years No Renewal Charges “Satisfactory Terms us & Co. offer today a Over a Third of a Century’s Experience In Managing Apartments —and other property we expect owners to take it for granted that we will give particular attention to all reason- able economies of main- tenance and operation. This has been our prac- tice for over a Third- of-a-Century. { B. F. SAUL CO. Main 2100 925 15th St. N.\W. Del & Hud 53%s. 106% 1064 | An additional of $1,000,000 Del & Hud 7s 30. Mortgage Bond Co. of New York 5% { Den & Rio G cn 4 per cent ten-year gold mortgage bonds, Den&RioG 43%s 36. series 14, non urity, due D & Rio G imp 6s. November 1 Inquire | VWEAVER BRO REALTORS 809 15th St. N.W. Main 9486 Mortgage Loan Correspondent Metropolitan Life Insurance Company 100% 100% 103% 103 106 106% oo 28 106% 106% ad Lon DI—10_at 106! U1 s son otomae E) e Hlys —1 A 19 Rerenmaier Linotsme o2t %186 420 ¥4 e . pfd—50 at 6: | Queensland 7: 115 115 ocery Co. pfd—10 at 103 %, Rhinelbe Un 7: 108% 108% Rio Gr Do Su! 2105 105 e Oh T RiodeJan8s47... 1 105% 105 Peru7iks..... 3.80 per cent. Peru 7145 1956 FlaEC5s74.. ¥ Gr Trunk stdb 6s. 9% 109% 1094 e YR t Gt Nor 4%s 76 4 100% J. & W. Seligman & Co. expect to . offer ‘in the near future a new issue O lomh w22 1097 | of 3,000,000 20-year 7 per cent sinking roat:ort 1 fund gold bonds, issue of 1927, of the el Mortgage Bank of Bogota (Republic Hav El Ry 5%s 51 of Colombia). i Rome 6%s. . 90% 90% 90% BY-PRODUCTS FROM CULLS. Sao Paulo 88 1936.. 2 106% 106% 106% 8100 8¢ 200 % ! 3 5 LOS ANGELES.—Cul citrus fruit, Co——10 a1 1103 et T A which once cost growers about $2 4 Elect e pfd—b at 1 103% 1034 103% | 111 Cenr 4%s 66 32 1024 ton to throw away, now is being : 97% 97w 97s | 111 Central rf 58 55. 5 used. Orange juice, oil and dairy feed Money—Call loans. 3 and 6 per cent. ity IC-C-St L jt 4%s are obtained from cull oranges. Un- 103% 103% 1037 . 3% | M1-C-C StLANO 63. 3 1 vanted lemons yield lemon ofl, citric BONDS. I acid, citrate of lime and citrus pectin. 3 112% 112% 112% 3 Int Rap Tr 6sstpd. 2 g Bid and Asked Prices. Toho Elec Pow 18.. 98% 9815 98% | Int Rap Tran l:?‘ w Sl e Tokio 5% 1961... 28 88% 584 S8 | Int Rap Tran 7s. FURNACES PLAN MERGER. Utd Kingm 5%s 37 SL 106% 106% 105% | Int & G Nor ad 68, %9 ¢ YORK, December 8 (P).— Yokohama 65w 1l.. 14 94% 941 Y4%s|Int RysC A 6873 Youngstown dispatches say a number of blast furnace interests operating Int Rep C Am 6s 41 MISCELLANEOUS. ¢ Amioosia & Poi. K. 208w 300" | Ajax Rubber 85, v 7 108% 108% 108% | [t RY.C A 6%sret 10 merchant stacks are developing plans Apa & Pot. ¢ . bs. 100 - -4 Iowa Cent 1st 6s... 9 for consolidation, those mentioned B ooy 0 oD oA L8 | RanClty Tt 4a . 16 including _the Mudge properties, S b e Sis 1021 Kansas City S3s.. 1 Struthers Furnace Co. and several in 2 the Shonango Valley Am Smit & R 1st 6» 534 102 Lake Shore 45 28.. 15 : SOUTHEASTERN POWER. Am Smit & R 109 .ake Shore WV YORK, December § (#).— =1, | LehiVgen 415, 105% 195% | [lanigh Val 58 2008 ctric output’ of the Southeastern Power and Light Co.’s system for 11 &) 99% el 2 2 Ts rf 4349, : - & Ninvp. b 1055 1053 | £l '\ 4145 2003 Washington Gas 512¢ X 4 {33”- Louls & Nash 5%s. v s 6. e g e 104k months of 1927, was 125 per cent 69% 691 ter than the corresponding 1 d, reaching 2,204,736,616 kilowatt —50 5 at 110 NEW ISSUE NEW ISSUE $2,600,000 The Lombardy 109-123 East 56th Street New York City First Mortgage Fee 6% Sinking Fund Gold Bond Certificates Dated: November 15, 1927 Due: November 185, 1942 We summarize as follows from a letter from the borrowing corporation: MORTGAGED PROPERTY: These bond cer- $775,000 120 East 39th Street Building New York City First Mortgage Fee 6% Sinking Fund Gold Bonds Dated: November 28, 1927 Due: November 15, 1939 We summarize as follows from a letter from the borrowing corporation : MORTGAGED PROPERTY: Thesebondsare secured by a direct closed first mortgage on the 15.story apartment hotel building now under construction at 120 East 39th Street, New York City, and land in fee with a frontage of 80 feetand adepth of 98 feet. The building will contain 121 apartments in suites of one and two rooms, to- gether with four doctors’ suites on the ground floor, and will be of high-grade design, construc- tion and finish. Completion is guaranteed to the bondholders. Thelocation on 39th Streetbetween Park and Lexington Avenues is in the desirable Murray Hill residential district where rental de- mand for apartments of this type is strong and - can Tel. & Telgg. 4= Ameriah TR foiear dids Tel. & Tel. «f cl e 4 Canital Traction R, R. G Lihurhn, 5y Georsetown Gas 1 t » PR O - h iy Louls & Nash 7 1 Am Writing Pap6s 2 94% 94 Man Ry 1st 90 Anaconda Lst 68 1054 Market St 78 40. . Anaconda cv db 7 1104 £ i 2 e it Mil El Ry & L 58 61 il tificates are secured by a closed first mort "33 | Armour&Co 4348 39 M St P& SSM cn 4s 16 RUBBER DECLINES. gage on The Lombardy, a recently completed Armour Del 6%s.. 3 MStP&SSM5sisetd 8§ 9 3 22- apartment hotel building on the north S et O TBe MStP&SSMb%s 3 NEW YORK, December § (Special). .d’“;?'& 56th S 90 fi f Park 6% | Atiantic Refin s.. M St P& SSM 6%s - smoked ribbed sheets, side st 56th Street, 90 feet east of Parl Barnsdall $e 1940, g declined 3% cent at_tod (":m':l‘l::n Avenue, and land in fee with a frontage of 160 Bl Tel Pats 8. 1 10s vse 7 6 100 with 91 ‘cents . ‘shenth ako sha. 34 e P Amer Tol. & Tel 177% - | Bon Stest o m & 100%% MR&Tprincsd. 1 : cents T the newest and finest apartment hotels in ew Govien Tra 3 o 185 ks | Beth Steel rt 5., 2 101% | s —_— York, completed November 1, 1927, contains Norfolk & L 300" s | Beth Bceel R i Mo Pac 58 F 7.... 14 102% EXTRA DIVIDEND VOTED. 167 apartments. The location is in the heart of 0 1 | NEW YORK. December 8 (#).—The the Park Avenye section, surrounded by many H4% Ch iJ Indianapolis & Louisville o 0: i 108y [[Z08 Ciealte. 10572 105+, | Mob & Ohio 434877 14 9% Wash. Rwy. & 1064 | Bklyn Unifon §%s. . 2321 Nassau El 48 61 well known apartments, hotels and clubs. Railw declared an extra dividend of 1 per cent on the common stock and Wash. Rwy. & Elec. Wash. Rwv. & Elec STOCKS. PUBLIC UTILITY NATIONAL BANK | Bush T Bldg 65 60. New Or Term 4s. Capital - | Central Leather 6s. NOT&M6%s Amer. Scourity & Trust nion Tr Wash. 1 & T SAV Pank of Betheda.. &_sav Security Sav Seventh Street IS S ings M Washinzton Mechanics. . FIRE INSUR al” Cnion TITLE INS Columbia Title Insurance Extate Tit ional ‘Bank of Wakh., TRUST COMPA Chile Copper 6s... 13 Con Coal Md 1st bs | Con Gas N ¥ 6%s.. Consumers Pow 53 Cuba Cane cv 8. .. Cuban Am Sug Denver Gas 5s. ... Det [3dison ref 6s.. : Dodge 6s......... ol East Cuba Sug 7% e Fisk Rubber 8s. ... Goodrich 648....,. | Goodyear s rcts | Hershey 5148 | Humble O1i 6s. ... | Humble O & R 5%s 1llinots Bell 1st 6s. X aric s 43 * | Llinots Steel 435 Bank.... - | Indlana Steel 5s. | Int Mer Marine 6; * | Int Paper 5s 47 | Inter Paper fd 6s.. | Int Tel&Telex 438 3 J Kayser & Co 538 . 19 . Kan CP&L 5s A 62, e n G & K5 65 52 VARCE Keliy-Spring s 195 © 11117 | Lackawa S 58 50 8 | Lacl G ret 34 i | Lactede G 51 s 52, Ligzett & Myers 58 Ligzett & Myers 7s Lorillara (P) 5s. .. Loulsv G & K 5s 62 Midvale Steel 5s Montana Pow 58 Mor's & Co 15t 4% N Y Edison 5s 44 N Y dison 6. .. NYGELH&P 4s. N Y Tel 4% N Y Tel 68 41 N ¥ Tel 63 49 +| N Y Cent 43 98, 106 104% 100% 100 100 105% 105 105% 2 101% 1234 981y 1037x 104 964 1061 105% 1057 103% 100% 11 N Y Cent deb 45 INYCrfim 43s. N Y Centribs. NYC& St Ldb4s NYChI&StL 616, NYChI&StL 5% sB. NYC&SrL6sA. NY NH&H 45 56. .. NY NH&H db 48 67 NY NH&H cv db 6s | NY N Hav&H clt 6 NYOntW istds.. |N Y Rys@s#s.. |NYRys6sAG65. N Y State Ry 4% NYStateRy 6%s 62 N Y W & Bos 448 Nor & S zen 63 54 Norfolk & W cn 4 Nor Pac 3s 2047 Northern Pac 4s. Nor Pac 41 2047. | Northern Pac r1 68 H Ore Short L rfs 4s. { Ore Short L cn 58 Ore Wash 1st 4 Pennsyl con 4%s Pennsyl gen 4148 Pennsyl gen bs. . Pennsyl 5s 64 Pennsyl gold 7s Pere Marg 1st 58 PCC&StLb6sA PCC&StL 58 B 76 Port R L P 6s 47 Reading zen 4%s Reading J C 45 51 Rio G W 1st 4 Rio G Westcl 4s. RIArk& L 4% StL IM&S 4829, StL'1 M&S gn 55 31 St L IM&S R&G 48 1SS aaRe—ee {he regular semi-annual dividends of 212 per cent on the common and 2 per cent on the preferred, all payable ;1 10 to holders of record Decem- i TREASURY CERTIFICATES. Sates High. Low Unilon Pac 1st 4s.., 98% 981, Un Pac 4%s 67. 36 100% Unlon Paccv 6s... 16 101 Virmnia Ry 1st68. 34 109% Va Ry & P 5 Wabash 5%s West Maryland Western Pacific Whel & L Brf 4348 Wi Money to Loan Secured by first deed of trust on real estate Prevaling imierest and commission, | Joseph 1. Weller First Mortgage Notes BEARING INTEREST AT 69, Secured on Residences in D. C.| =M oS Member Morteage Bankers' Assn of America 0 Wash. L. & Trust ide_9th & K_N.W. VALUATION: The land ahd building have been appraised as follows: Value Land, Buildingand Value Land _ Furnishings Appraiser ‘Wm. B. May Company $920,000 $3,825,000 S. W. Straus,& Co., Incorporated 960,000 3,730,750 Based on the lower of these appraisals, there isa * margin of equity of $1,130,750 above the amount of this issue. EARNINGS: A number of leases have been closed at satisfactory rentals. Based on the present schedule,netannual rental earningsareestimated at $423,000 per annum — more than twice the greatest annual interest and sinking fund require- ments. BORROWING CORPORATION: The loan is the obligation of Lombardy Towers, Inc., of which Mr. Henry Mandel, well known real estate investor and operator, is Vice-President and active head. We have had many previous satisfactory dealings with him in large trans- actions which have been uniformly successful. PRICE: Par and interest to yield 6%. We recommend these bond certificates. Call or write for CIRCULAR 189-G stable. VALUATION: Land and building, when com- pleted, have been appraised as follows: Total Value Completed Appraiser Value Land Property Slawson & Hobbs $300,000 $1,100,000 S.W. Straus & Co., Incorporated 300,000 1,107,000 Based on the lower of these appraisals, there is a margin of equity of $325,000 above the amount of this first mortgage bond issue. EARNINGS: Net annual rental earnings are estimated at $127,000—more than twice the greatest combined annual interest and sinking fund requirements. BORROWING CORPORATION: The loan is the direct obligation of the Manleid Corpora- tion,of which Mr. Henry Mandel,' well-known real estateinvestor and operator, is Vice-Presidentand active head. We have had many previous satis- factory dealings with him in large transactions which have been uniformly successful. PRICE: Par and interest to yield 6% ‘We recommend these bonds. Call for or write for CIRCULAR 190-G Interest coupons on both the above issues payable May 15 and November 15. Denominations $1,000, $500and $100. Principal and interest payable at the offices of S. W, Straus & Ci Incorporated. Titlesinsured by Lawyers Washington, D. C. Title and Guaranty Company. Callable for the sinking funds at 101 and interest. Redeemable at 102 to 101 according to date. United States Federal Income tax up to 2% paid. Various state tax refunds. S.W.STRAUS & CO INVESTMENT BONDS 4 INCORPORATED BT North Am Edis 1015 3 3 02 = — = Not Onio T & L 6s. Mortgage Money Loaned s Nor States Pow §s. 7. 4 . L03Y% Nor States Pow 6s. 3 105% 101 | at Low Interest Rates E mie Conditions FEW ERRORS IN BILLS. States Pow 6a. 3 105 105 1054 18 101 Tyler & Rutherford NEW YORK.—Modern billing and | pag T & T 68 62 106% Loan Corresponds Mutunl Benefit Lif C bookkeepirg machir estimated | pap-Amer P % 102 life Tns. Co. 1520 K Street Main 475 to have reduced the ent_of error | peoples Ga & 1 5 w to one hill out of 10,000,000 | pnila & R C & 1 63 102 KCShL 48 mailed susiness now is looking for| Phila Co51%s38... 2 103% San A & Arn P4s.., a billing machine that prints in four | Phila Corr éa A. . 103% [Seab A Liref 4s.... or five places at one operation with- | Por Ric Am Tob 65 ¢ 106% Seab A L adj bs’ out retyping or repeat printing. Bublic Service 6s. 7107 Seab A L con 6s 2 Sy e P Serv Gas 5%s 69 5% 1050 ""”"SEA:::::':’;;?;' Punta Alegre s 106 106 | SB All Fla 6335 HAT FIVE-DAY JOB. Remington Arm: 98 98 |Sou Pacdszs CURACAO.—Five days' work is re-|lgnaron St R 8 ¢ L 107% gnu s::m: e:“ quired 10 make a straw hat in this| ginciaie O 6s. Y64 e, center of manufacture. An ordinary | Sinclair O11 6348, + 94 SEaE . harvest hat is woven by native women | Sinclair Of) 7s. . 9 984 Bou By seniins.s Lin 8 to 12 hours, hut Uncle Sam, who | 3in Crude Ot 6s, 100 iy ; vs -60 per cent of rearly pro- | Sin Pipe Line 6s. 6 93% 93K 95% 2 g e s much more particular and | Skelly 081 5 , 944 Southern Ry 6%s. I.tf.h y - slow- | Sou Eell Tel 5s. 104% 104% | TexArk FS5%850 5 106 and v m imned, | Southwest Bell b, 75 105% 1064 104'% Tex & Pac 53 77 rts washed . naard 1N J 65 05 1035 034 103% Third Ave ref 4s 60 5 the sum, - They 1 100% 100% 100% Third Avesdi 5. 5 574 ozel 3 4 107 107% Tl Tr L&P 5530 100% 1007 929 FIFTEENTH STREET Telephone Main 5847 WASHINGTON Ride in Comfort With HEAT-RITE Hot-Water Heater For Automobiles No Odor—No Smell Watson Stabilator Co. 2018 14th St. North 3948 ESTABLISHED IN 1882 Tenn Klec Pow 63,