Evening Star Newspaper, April 6, 1930, Page 80

‘. FINANCIA L. THE SUNDAf STAR, WASHINGTON, D. C, APRIL 6, 1930—PART SIx ;i ¢ FINANCIAL, i “CONVERTIBLE BOND BN SSUES ARE HEAYY L] ‘The ‘weekly unug lent of New York clearing " Prime Group -Shows Firm«! lus and : UNITED STATES GOVERNMENT, (Continued From Second Page.) S %' o undivided profits, mien, Low. . High, 0 vidon: 100,19 98.26 Lib 315 1932-47. . ...100. Union Tank Car (1.60) 101.23 100.10 Lib 1st 415 1933-47. 10118 102.10 100.28 Lib 4th 4148 1933-38. 102, 10124 98.30 US3%81940-43.....100.29 10121, 99.1 US3% 3 i A 10617 103. U S 3% 8 1946-! ness—Rail List Closes 109.4 . 101.16 U S 48 1044-54 Clese. we. ne 36% + 14| $104,586,000, increase. 8% + 1 Time deposits (average), $15,849,000, 4% rease. 80! ?lunnn week ending today, $8,945, Clearings week ending 1. $7.918,447956, sl Clearings this day, $1,308,480,485. . Low. Close. 100.10 100.18 101.10 10114 101,24 101.28 100.8 100.14 100.10 100.10 104,16 104.21 + 31 —a31 High. Low. Closs. Revere Cop&Brpf (1).. 104 108 104 + 1 6% 6% b Youngstown Steel b5 *7d. . 102% 101% 4% RAILROAD. Pwr(2.16 43 Atch T & 8 Fead) 9K 0% ‘Total et | $1.156,63 i “Total lemand deposits (average), Steady. BY JOHN L. COOLEY, Associated Press Financial Writer. ° NEW YORK, April 5. - honds, especially the rails, firmed in the two-hour trading session today. Amuse- .. ment issues carrying stock features furned heavy, reflecting the w of the shares and obligations that had been buoyant earlier in the week, and « suffered losses that in some instances extended to several points. Warner Bros. Picture 6s dipped to a new low at around 108, while General Theatres Equipment 6s lost' 3 points and Loew's 6s declined 2. The firmer rallroad issues included Santa Fe general 4s, Pennsylvania 413s, New Haven 4!gs, Missouri Pacific 5s, Kansas City Southern 5s and Union Pacific 41,5, American Telephone 5s of 1965 and Western Union 33 made small advances. Republic Iron & Steel 514s rose more than a point. American Telephone convertible 4'3s declined about. 2 points on light selling. Baltimore & Ohio 4!is and Interna- tional Telephone 4',s were firm. Neither United States, or foreign gov- ernment bonds displayed much activity. Treasury 3%s sagged. BQllimore Markets @pecial Dispatch to The St BALTIMORE, Md., April 5—The egg market shows little material change in prices and was held fairly steady the past week, with liberal offerings and sales on the exchange. There has been more liberal storing noted and all desirable stock is in good demand, but offerings of doubtful quality are slow to find favor. Receipts of native and nearby eggs continue ample for the con- sumptive demand and the market closed & shade higher at 25': cents a dozen for firsts, with hennery whites bringing 2 premium of a cent a dozen over quo- tations, but all stock not grading firsts under the candle has to be sold at a discount. Duck eggs in more liberal receipt and the market rules easy. with prices mostly in buyers favor at 40 cents a dozen. Poultry Prices. The live poultry market continues steady to firm under light receipts, with & good demand prevailing for all desir- able stock, which meets with ready sale at full quotations. Season for turkeys is over, and with the warm weather prevailing only small shipments are Visable, as the demand is limited and centered on medium-sized fat stock, hen turkeys preferred, while old toms, as well as crooked breasts are slow sale, even at discounts. Young hen turkeys, 8 pounds and over, are bringing 40 cents a pound, and young gobblers 35, but old toms are slow sale at 30, while crooked breasts are neglected at 25. Young chickens in light receipt, espe- clally broilers, which are scarce and wanted at 40 to 42, with other young stork selling 33 to 38, but all poor, thin poultry, as well as stags, move slow at 23 to 25. Old hens in better demand and under light receipt. The market shows an advance at 30 to 31 for stock weighing 314 pounds and over, but Leg- horns will not bring over 25 to 28, and all poor, thin fowl is neglected at 20. Capons scarce and wanted at 35 to 40. but old roosters in ample supply and generally slow sale at 17 to 20. Ducks in moderate receipt, and all desirable stock meets with ready sale at 24 to 30, but, small and poor ducks weighing less than 4 pounds are not wanted. The market for guinea fowl and pigeons holds steady at 50 to 75 each for the former and 30 to 35 a pair for the latter. While the market for white potatoes cuaanues unsettled, old stock is in bet- ter demand and values a shade higher, at 2.65 to 2.90 per hundred pounds, but ungraded potatoes will not bring over 225 to 2.40. Sweet potatoes and yams in generally light receipt. and the mar- ket shows an advance, at 2.50 to 4.00 a barrel for the former and 2.25 to 3.50 for the latter, but ungraded stock will not bring over 2.00 to 2.25. Native and nearby garden truck in moderate re- ceipt, and under a fairly good demand the market holds steady on most lines at the following quatations: Kale, 50 to 75 bushel; onions, 3.00 to 850 per hundred pounds, and 1.50 to 1.75 per hundred for nearby greens; oysterplants, 3.00 to 5.00 per hundred; parsnips, 50 to 65 basket: spinach, 35 to 75 bushel, and turnips, 60 to 75 hamper. Live Stock Market. The live cattle market continues steady, but. prices show little change from last week, receipts being light on the wharves and only fair at the stock- yards. Demand good for desirable stock. ‘but all common to ordinary cattle move slow at inside prices. Quotations today at Light Street Wharf: 5 Beef cattle, first quality, 11 to 12; common to medium, 8 to 10. Bulls, as to quality, 6 to 9. Cows, choice to fancy, 7 to 8; common to fair, 4 to 6. Oxen, as to quality, 6 to 8. Calves, Veal, choice, 13 to 13%; large fat, 11 to 12; large rough, 10 to 11; thin, 7 to 8: rough and common, 6 to 7. Sheep, cholce, 5 to 6; old bucks, 3 to 4; Fall | lambs, fancy, 1112 to 12; choice, 10 to 11; Spring lambs, 40 to 45 pounds, 15 to 16. Hogs, straight, 11; sows, 8 to 9; live pigs, 12 to 18; shoats, 10 to 12. Closing grain quotations: Wheat, No. 2 red Winter export, 1.1314; No. 2 red Winter, garlicky, spot, domestic, 1.14%; April delivery, 1.1434; May delivery, 1.161z. Corn, No. 2 yel- low, spot, domestic, 96a97: cob corn, 4.8524.90. Oats, No. 2 white domestic 5512a5612; No. 3 white domestic, 54a 55. Rye, nearby, 80a85. GRAIN MARKET ‘Wheat Values Soar on Reports of Continued Drought Prospect. CHICAGO, April 5 (#)—Prospects of virtually unabated drought next week and decrease of the United States vis- ible supply on Monday led to fresh soaring of wheat priees today: Com- mission house buying of future de- liveries of wheat was the largest in some ®me, especially as the day drew to an ena. The finish was at practically the day’s *op level. ‘Wheat closed strong, 17%-2%c & bushel higher than yesterday's finish. Corn closed unchanged to ‘:c, oats, unchanged to %-%c advance and pro- visions varying from 5¢ decline to a ise of 2c. heat— 58 et i 252 & ;R ‘aup ae F Ot 32 long feature films censored in Germany in-a. recent month 11 were from America. Security Salesmen Wanted experienced security salesmen R Teputable investment b Wi Please h_al nses mce. ‘Address Box' 385-H; Star Office Investment : 113.14.109.2¢ U S 4% 8 1947-53 iz Low 99% .95. 99% . 94% 87 943 102% Austria 7843, Bank of Chile § Bank of Chile 6% 81961 Belgium 6 Belgium 7 Canada §s '52. Chile Republie 63 19! Chinese Govt Ry 6s 'b1. Colombia 6s 1961 Jan. Copenhagen 58 ‘63 Denmark 53 195 Denmark s '42. Dutch East Ind} Dutch East Indi Fiat 75 '46 s French T%s 4 German Bank s 4« German 7s '49 Greek 68 1968. Japanese 6158 '54. . Kreug&Toll 58 ct wi ‘69 i Mexico 45 1904-54 Milan 6%8°52. . Netherlands 65 '73. New South Wi Norway 5%s. Orient Dev 51s '57. Paris-Lyons-Med 4 Paris Orleans 5% Peru 63 '80. | Rio de Janeiro 88 °46. ... Rio Grande Do Sul 6563 Rome 6148 '52 Sao Paulo Sta Seine Dept of s Serbs.Croats&Slavi Toho Elec Pwr 78 "55. Utd Kingdom 6%s'37 Uruguay 6s 1960. Vienna 6s 1952. Warsaw 7s 1958. Yokohama 6s '61. AmIGChm 5 194 Am Internation 5%s'49. Am Natural G 6% Am Sm & Ref 1 Am Sugar Ref 633 Am Tel & Tel Am Writ Pap 6s % Armour & Co 4% 3 Atlantic Ref deb bs '37. 4 Bell Tel (Pa) ref 5348 Beth Steel p m 58 '36. Certaln-teed 51%s 1948, . Chile Copper 5s *47.... Colon Of1 68°38.......... Columb G & E deb 68 '52. . Comm Invest 5%s ‘49 Cuba Cane Sug ev d . 4 Detroit Edison ref 6s'40. . East Cuba Sug 7%s ‘37 General Cable 5348 1947.. 1 Gen Motors 6s '37 1 Goodrich (B F) 618 °47.. 1 Goodyear Rub 55 1957. 4 Humble O& R 5%s'32 Inland Steel 43%s 197 Inter Cement 5s '48 Inter Match 68 °47. Inter Mer Marine Inter Paper 55 A " % Int Tel&Telcv 4%s Kendall 5%s '48 (war)... Lackawanna Steel 53 '50. Laclede Gas 5% 4 Liggett & Mvers bs '51... Loew's Inc 65 "41 w. 4 1oew's Inc 6s ex war’ Lorillard 5%s '37 Manati Sug s £ 7%8 '42 Midvale Steel 55 '36 Montana Power 58 1943 Nat Dairy Prod 5348 48.. Nat Radiator 6%s 1947... New England Tel §s '52.. N Y Edison 1st 6148 '41 N Y Tel 4%5°39 NY Tel 6s'41. North Amer Ed 58 '57 Northern States Pacific Gas & E1 b Pacific Tel & Tel Pan-American 6s Para-Fam-Lasky Philadelphia Co b Phil&Read C&1 63 wi 49, Philips Petrolm 63%5'39. . Postal Tel & Cab b Reming-Rand 5148 "47. Sinclair Oil 6s '30 Sinelair O11 78°37. . Sinclair Crude Ofl 5% Sinclair Pipe Line 58 '42.. Southwés Bell Tel 5s'54. . Stand OIIN J 68 . Stand Ol N Y 424851 ... Sugar Est Oriente 53 °43.. Tenn Copper 6s *44 B. Transcon Oil 6%s ‘38 United Drug 5s°53. U S Rubber 1st & ref bs. . U S Rub 7%3°30. .. Utah Power & Light 5s Utilities P & L 6%8 47 SHOE CONSOLIDATION DETAILS ANNOUNCED Special Dispatch to The Star. NEW YORK, April 5.—Details of a merger of the business of the Traveler Shoe Stores Corporation with that of the Melville Shoe Corporation were re- vealed today by Frank Melville, jr. president of the latter organization, simultaneously “with the mailing out from Boston of notés of a meeting of Traveler stockholders, called to ratify the deal. The transaction, one of out- standing importance in the retail shoe industry, gs the total stores under Melville direction to 505, with a yearly sales volume of more than $30,000,000. The merger is effective as of April 1. By its terms all of the business and assets of Traveler, subject to substan iFirst Mortdage Loan | Applications Invited at 5)5% Construction Loans Glover & Flather 1508 H St. N.W. National 1753 2 92 4 108 108% 88 115% 115% 110% 110% 80 81 84 88 100% 100% 102% 104% 109% 110% 1007 101 104% 108 102 102 102 108 104% 105 99% 100% 117T% 118% 122% 128 +4+4++ - 100% 1 SREFFEIF EX FEF 86% 88 97 97% 99% 100 103% 104% 98 99% 12% 12% 931 931 1034 104% 87% 101% 101% 92% 92% 102! 102% 100% 101% 80% B8O 97% 984 961 97 100's 101 106% 108 106% 107 9%, 92 102 104 75 1T 93 93 - 100': 100% 107% 107% 84% 86 97 7% 103% 104% ¢ 100 100 10415 1048% — 981 98l 89% 83 9% 244 + 0t FEEEEET 4 100% 101% 102% 108% 103% 103% F§ 107 100 101% 88 98 101% 101% 103% 103% 176%; 190% 102% 103% 101 101% 9% 84 83% 83% 102" 102 1027 103 106's 107 94's 95% 101% 101% 021% 03Y: 07%, 897 897% 119% 123% 92% 92% 102 102% 102% 102% 103k 1081 118% 119% 981 98% 93% 93% 1% 101 4 102 102% 99% 100% 25 25% 105% 105% 114 114 99% 100 106% 106 103 104% i 100% 101% A 102 102 104% 104% 102% 102% 101 101 99% 100 99 101% 94% 95% 94 94 99% 100% 1005 100% 108Y% 104 991 100 974 98% 104% 104% 102% 103% 96% 9T 39 39 101 101% 101% 102 96 96% 87% 8% 100% 100% 99% 100% 91 92% EREERREFEEELS - - P T I T T ] wEee"ws We - =F transferred to the Melville Corporation in consideration of a certain number of shares of Melville common stock, the exact number depen upon & valua- tion of the net assets of Traveler made g of business on Al 1. ‘The Tra jer chain is 37 years ol Paid $100,000 for -Plant. DANVILLE, Va., April 5 (Special).— The P. Lorillard Tobacco Co. of New Jerse; d $100,000 for the plant of the Aym‘e’:l‘un ‘Tobacco Co. here, it Mille Train Control Patentee of the “Trafilator” * (Licensed to Crouse-Hinds Company) Bought & Sold Thomas L. Hume 1412 G Street National 1346-1347 l‘thlly all of its liabilities, are to be 104% Chi B & Qref 72 Ch & East Ill gen 107% Chi& N W 6448 '3 Chic Northwest 78 '3 69 Chicago Rys 5s'37. Cleveland Term 68 B '73.. Cleveland Terminal 6 348, Colo & Sou ref 4}%s Cuba R R 58’62 Cuba North b% . . Del & Hudson 5%8'37. ... Den & Rio Grande cn 4s.. Erle 1st con 48 Erie gen lien Erie ref 58 '67. Erie con 75 30 . Flor East Coast bs'T4.... Fonda J & G ¢%s 52 Grand Trunk s fdeb Great North gen Hudson & M 82 81 Hud & Man re 5 8 97 1l1inofs Cent ret 48 '5! Illinols Central 4% Inter Raptd T Inter Rap Tr 68 Inter Raptd Tran ev 7s. lowa Cent ref 4s"51. Int & Great Nor adj 6: Inter Ry Cent Am 6%3. Kan City South 38 1950, Kan City South 63 5! Market St Ry 73 A 40 MIlEIR&L 1st ref 58 Minn & St Lref 48 15 MStP&SSMeY Mo Kan & Tex 1at 4s'90.. Mo Kan & Tex adj 65 °67.. Mo Kan & Tex prln 5sA.. Mo Pacific gen 48°75..... 54 Mo Pacific 55 A "65. Mo Pacific bs F Mo Pacific 53 G e Mobile & Oblo 4%8°77... Nassau Elec 45 '51 N Y Cent deb 4 & N Y Cen ref imp 582013.. N Y Cent deb §s '35 . NY Ch & lbllf‘hlBA.. New Haven deb ¢s '5' North Pacific r i 63 2047. Ore Wash 1st ref 43 °61. Penna cn 418 19 Penn gen 4% Penn 4% '63 Reading 4%s '97 Rio Grand West RIATk& L 4% St L Iron Mt gen SLIM&SR&G 483 StL&SF prin4sA s StL&SF 4% St L & San Fr St Louls S W con 4 South Pacific col South Pacific ref 4 South Pacific 4% Southern Ry gen 4: Southern Ry gen South Ry dev 6% ‘Third Ave st ‘Third Ave adj Union Pacific 1st és. Union Pacific 4s°68. Un Pacific ref ¢s 2008. virginia Ry 1st 58 '62. Va Ry & Power 58'34.... Wabash 418 197 94 Wabash 1st bs 3! Wabash 68 B 1976 ‘Wabash 53876 West Maryland L West Maryland 6%s ‘77 Western Pacific 5346 Shore 1at 45 2361. 4% 93% 141% 138% Broadwy & 7th Brooklyn Manb Canada National ¢ Canadian Natl 4% 834 Canadian Pacific 91% Central Paeific 48 100% Central Pacific 5s 1960. 103% 102% 7 01 100 £ ssFEvEss (RS E X 109% 109 100% 100% %% 8% 98 Ed 9% 9% W% 98Y% 116% 116 0% %0 106 104% 108% 103% 104% 104% 108% 107% g ) ¥ _SKS Ll 1+4+ 010 EFEREL FF FEFR FF ++10 40 {1 - . 106 106Y% 111% 110% 981 98% 111% 109% 112% 111% 111% FEFEFEIF M LI+ 44 7 96 95 100% 100 9% 9% 101 100% 12% 101% 101 88, 88 108% 107% 1021 [RE 2 0] R FETES rr FrE ¥ FEE 1073 106': 107% 106 9% ° 79! 941a 9 134 131, 105% 105% 5 IR AR S IR gl FEFiES I+ 108% 107% 104% 103% 109% 109% 99% 99% 100% 99% ++ #fii##fiffl'ff*fl‘f‘fi’d’t FFEOFE U A R RS AT I8 21 | - 126 123% 52% 50% 321 30% 96'; 94's 90% 89% 9% 90% 106% 105 101% 100% 93 . 103% 100% 101 100% learned when a deed of bargain sale was recorded in the office of the corporation court clerk. The Lorillard Co. has already started Safeway Safeway Stores pf (7). St Joseph Lead (13, 54% St Louls & San Fran (3). 118% St Louls & San ¥ pf (6). 101 St Louls Southwastera. Arms (3) teel Hoop (3) Sharp & Doh cerisan Sharp & Dohme pf (3%) 30% Shattuck (FG) (11%).. Shell Transport (a2.41). Shell Union (1.40)...... Shell Union Ol pf(5%). Shubert Theatrea. haron 8 & Sloas-Sheffeld 8tl pf(7) Snider Packing Co. Snider Pack!! Solvay Am I So Por Rico Sug (1) Southern Calif 4 (3) Southern Dairies Southern Pacifie (§) Southern Railway (8) Spang Chalfant pf (6)... Sparks Withingten (1). Spear & Ce..... Spencer Kellog (1.60)... Spleer MfE..... . Spleer Mfg pf (3)...... Spiegel-May-Stern (3).. Stand Brands (1%) Stand Brands pf (7) Stand Comm Tobacco... Stand Invest Corp Stand O of Cal (3%).... Stand Oll Export pt (5). Stand Ol of Kansas (2). Standard Ol N J (13 Stand O1I N Y Stand Pla Stand Plate Gl P! Stanley Co of America Sterling Sec A).... Sterling Secur pf (1.30). Sterling Sec ev pf(3). .. Stewart-Warner(h 3%§). Stone & Webster (4). Studebaker Co (§). . Studebaker Co pf (7). s Symington Class A. Telautograph (11.30). ‘Tenn Copper &Cb (1) Texas Corp (3)..... Texas Gulf Sulphur (4) Texas & Pacific (§). Tex PC&Oil.... Texas Pac Land Trust. Thatcher Mtg (1.60). That'er Mf pf (3.40) The Fair (2.40). Third Avenue. veon Third Natl Invest (1)... Thompson J R (3.60). ‘Thompson Pred (2.40). Thompson Starrett Co. . Thomp-Starr pf(3%)... Tide Water Asso 160c) . Tide Water As O pf ¢ Tide Water Oil (80e)... ‘Tide Water Ol pt (5) 5 Timken Det Axle 180c). Timken Roiler Bg (3).. Tobacco Produets. . .... Tobacco Produets A. Transcontl Oil (30¢). Transue & Willlams (1). Trieo Products (2%)... ‘Truax-Tra Coal ¢1.60).. Truscon 8tl (£1.20).... Twin City Rapid Tr (£). Underwood-Ell-Fish(§) Union Pacific pf (. Thsd++ 1444+ LI+ 4 (444+44" +4 [ETIENREES +i010 Ll++4+ 044 + 441 I+1++ R e 1 e 414, ek ar *5F sFF£R27" ++4+ [EESRA L+ 40 T STt FEPRes 2FFe"s 2 ¥ - Univ Pletures 1st pf (i 2% Univ Pipe & Rad. Util PwraLt A Vanadiom Steel (14). Van Raalte pf.... Viek Chem Co (23 Vicks Shrevpt&P pf Virginia-Caro Ch Va-Care Chem 6% pf... Va-Care Chem of (7 Va Elec & Power pf(§. Virginta Bl & P pf (7).. Vulean Detinning (4)... Vulcan Detinning A (4). VulcanDetinning ptA (1) sh pf. B (5).. Waldorf System (14).. Walworth Co (2).. Ward Baking (A) Warren Fdy & Pipe (3). W ebster-Eiseniohr. .. .. Wesson O1] & Snow (2). ison O11 & 8n ot (4). West Pena Elec A (7)... West Penn Elee pf (6).. West Pena Elec pf (7)., West Penn Power pf(6). Penn Power pf(7). Dairy B. Westinghouse Alr B (2) Waestingrouse E & M(5) Westinghse E&M pf (5) ton Elee Inst (1)... Weston Elec Inst A (3). Wileox Ol & Gas Wileox & Rieh (A) 1%. Wilcox Rich. B (2 Wilson & Co pf. ‘Woolworth Co (2. Worthington Pump Worthngton Pump A(7) 1 Worthngton Pumn B(8) Wright Aeronautical Wrizley Wm (4).. Yale & Towne (15) . Yellow Truck & Coach. . Yellow Tr & Coach pf. .. Young Spring (3)...... Zenith Radio.......... Am Roll Mill June 1§ ChiRI&P.......May ¥ Consol Fiim Ind..Apr 10 3% Fox Film A......Apr 10 % Fox Film del LApr1v 1% Int Tel & Te 3% Pacific Lightg... 3% South Cal Ed . - in stock. in stoc tock. k Plus 115%x116% 18! 18% 33% 30% Toungston Sheet & T (5) 1504 1% mulrrs—nxrmnl Y 1y declartions. | § Payable in | b Pav- | u: k. “h Plus % in stock. n Plus 5% i First Mortgage Loans = g O Commonwealth Investment Co., Ine. 900 15D 81 N.W. Pheme Natlona) 363 Lean Correspondont for Established 1899 - INVEST YOUR FUNDS IN First D of Trust Notes Bearing 6,9, Interest n De i 1200150, BB 4ne" 51 00,00 consutt WELCH reattor INVESTMENTS INVESTMENT DEPT. BRODIE & COLBERT 1707 Eye St. N.W. National 8875 moving out tobacco belonging to the American Tobacco Co. from the large lou.l'muo houses included in the transfe: WE WILL SELL 60 Mt. Vernon Savings @ 150. 5,000 National Press Bidg, Ist Mortg. 5!4s, 1950, @ 90. 5,000 Mayflower Hotel 1st Mortg. 6s, 1948, @ 85. 5,000 Mayflower Hotel 2nd Mortg. 6148, '48, @ 60. u_:: c;-m- 1st & Ref. 6%s, u:&-nu.mn Hall 7s, 1930, @ 500 Fairfax 1st & Ref. 634s, 43, 40. A '('hvlli- Apts. 1st Ref. 6%4s, 200 Fifth Ave. 7s, 1931, 9 Lk 10 F. H. Smith 1“3 Pfd. Bid. “: "Alhnfli Seal WE WILL BUY CAPITAL CITY CO. 509 Washington Bldg. Phone District 8291-8202 Wm. Gordo: Buchanan Councilor & Buchanan Certifie; Publie Account Tower Buitding o National 6110-6111.6213 (Telephone Direetory Omission) | SAFE Over a Third of a Century Without a Loss Secured Pre Money to Loan first deod of ing Interest Joseph I Weller 25,755 3 W' Real Elh': Loans Made estate e Bids.. 9th & F N.W. s Co. rest Established 1899 MONEY TO LOAN Aby S And, 6% Ol ING UST ealtor o %8 NS R w avi fll. -1 T‘ml Ce. MORTGAGES Convincing ‘What appeals to the savings banks, large insurance com- panies and similar institutions will appeal to you as a good lead to follow. They invest their funds in first mortgages, because they are so surely non- speculative and so dependable in the interest they pay. You can follow their example by investing your funds in our 6% First Mortgages Before a loan is made on any property we have first satisfied our conservative judgment as to its competent value; and therefore you can rely upon the safety of both principal and in- terest. ; May be purchased in amounts from $250 up. 925 15th Examples Are Found B. F. SAUL CO. National 2100 St. N.W. | THERE IS NO SUBSTITUTE FOR SAFETY 6% Money for Refinancing or Construction of Dwellings Prompt Answers BOSREEHELPS 1417 K St. NNW. Nat. 9300 The Commercial National Bank Savings Deposits Bear Interest on Daily Balances from Day of Deposit to Day ot Withdrawal. Com- pare this method with usual method of computa- tion.. Call and let us ex- plain, 2 Other Departments are equipped to serve in all banking and fiduciary matters. The Bank of Personal Service 14th & G Sts. N.W, Resources Over £20,000,000 WADE R COOPER. President / Mortgage Money for BUILDING LOANS or IMPROVED PROPERTY Reasonable Rates Prompt Action B. F. SAUL CO. 925 15th St. Natl 2100 1_ Five Low Priced Profit Prospects vice éprice only $10.00 yearly) we offer you FREE FOR THE ASFING the April 9th issue of T ke Finencial World. This will contain besides several complete analyses of un- dervalued securities, a list of five low priced stocks (all listed on the New York Stock Exchange) | ::i‘ll;nin our opi:ifi‘m have 31& Don’t bother to write a letter. Simply return this “ad” with your address to secure the above and our “Sound Investment Rules”—both free. Ly o FINANCIALWORLD