Evening Star Newspaper, April 30, 1930, Page 13

G _STAR, WASHINGT FINANCIAL YORK STOCK EXCHANGE Recelved by Private Wire Direct to The Star Office. First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. We Solicit the Rental Management of Your Property Whether Apartment, Residence or Business Prompt Collections RENTS REMITTED THE DAY RECEIVED Our Rental Department is Most Complete and Efficient. We offer co-operation at all times in the solution of Ownership Problems, such as refinancing your mortgage, repairs, insurance, etc. TYLER & RUTHERFORD RANDALL H. HAGNER & COMPANY, men es and Mortgage Loan Correspondent B0 enry 1t 0 destred. New York Life Insurance Company IREE N 1321 Connecticut Ave. N.W. Phone Decatur 3600 STOCKS IRREGULAR INAGTIVE MARKET Unfavorable Trade News Re- sults in Frequent Waves of Selling. Sales— Prev. Add 00. High. Low. Close. Clos 2 102% 102% 102% 102% 2 60 60 60 58 Investments Real Estate JAMES Y. PENNEBAKER Nat.5291 1520K St.N.W. 20% REAL ESTATE LOANS BY STANLEY W. PRENOSIL, Made at Low Interest Rates Associated Press Financial Editor. NEW YORK, April 30.—The stock market was a two-sided affair again today, with the high-priced specialties, oils and public utilities presenting sev- eral points of strength, while renewed weakness developed in many of the : | steels, coppers and rails. -Prices gen- erally bounded upward at the start, ran into a storm of selling before midday, then made irregular recovery in the early afternoon, only to encounter re- newed selling. Trading was in fairly heavy volume, with the ticker again running several minutes behind the market until after- noon, when the ticker caught up. Unfavorable steel and copper trade news cast a damper on speculative en- thusiasm. Pig iron prices were cut 50 cents a ton in the Chicago district, and the weekly Iron Age Review stated that “price weakness in iron d_steel has become more pronounced.” Steel ingot production is estimated at 78 per cent of capacity, against 80 per cent a week ago. Copper prices broke sharply on the London metal exchange, leading to expectations of a further cut here, prob- ably to around 12 cents a pound. United States Steel common was car- ried down more than 2 points before it met effective buying support; despite the fact that the quarterly earnings re- ported late yesterday exceeded general expectations. Rails continued todn,tfle:; the sharp drop in earnings and traffic, as com- pared with the corresponding periods of Other Departments Tecent years. Southern Railway fell nearly 4 polits o a new low at 105% || - are equipped to serve you and Norfolk & Western, St. Louis-San 3 0 and Tt N ers sagped 2 to| | i all banking and fiduciary 3 points. Lackawanna and Lousville & || - matters. ar Bshville, ~however, movéd UPW iy Personal Service against the general trend. 14th & G Sts. N.W. Practically all of the leading copper Resources Over $20,000,000 stocks sold at new low levels for the \ WADE B. COOPER. President : ATE OF INCOME WiTH GREATEST SECORITY ANNUITIES Cash Refund—Joint—Deferred Send for Information LEROY GOFF INSURANCE—ALL BRANCHES 0340 ’}fi' 3, 5or 10 Year Loans On Improved Real Estate IN Nearby Montgomery County and the District of Columbia 126% 243 39 The Commercial National Bank avings Deposits Bear Interest on Daily Balances from Day of Deposit to Day of Withdrawal. Com- pare this method with usual method of computa- tion. Call and let us ex- plain. We appreciate the value of promptness in the matter of real estate loans and have made this a very special feature of our service. ur wide experi- ence and splendid equipment permits us to accomplish speed without sacrificing efficiency in the least degree. Lowest Interest Rates & Charges BOsSEEFHELPS Founded 1907 106% 4% 49Y% 106% 39% 94% 941g 39% cess . 1 111% 103% 87% 103% 87% Eng Pub Sve pf (5).. Eng Pub Sve pf(5%) Equitable Bldg (2%) Loan Correspondent John' Hancock Mutual Life Insurance Co. National 9300 FINANCIA on daylight saving time. High. Low. Dividend Rate. Consol Textil which shows those stocks to be sold in odd lots only. Decrease of $11,263,397 IS Zerev toso~ tocrana Saies— th. Low. Contl Baking (A) " . . 23% 11% Advance Rumley.... With Figures in 1929. 1 oot [ i > 0" 150% 118 Air Reduction (3) Contl Motor According to the figures of the Wash- | 7 Alaska Juneau. st Sl G 107% 95% Alleg Cpf $8"w(5%) April totaled $118,036,652.98, against O WY 126% 121 Allied Ch & D pf (7). Crex Carpet Clearings in Washington in March | 42y #merada Corp (2)... Cuba Cane Products. 2 in business over the previous month, H 26 Am Agrieul Ch of ing period & year ago. - : Cudahy Packing (4). 3 Am Bosch Magneto. . 25.40 in comparison with a total of 8% Am Brown Bov Elec. Cutlsr-Hammer(33) show a marked increase during the Am Car & Fay () Del Lack & Wn «t Comparison of bank clearings for the 36% Am Chicle (12%) Diamond Match (8). o et Drug Corporatn (4). 0| "33% 19% Am Hawallan SS (2) Dupont deN db pf(6) .. 3446914825 350 % Am Internatl (2). stman Kodak (18) B N ashington so far in 1930, At the | 118% 104 Am Locomnot pf (7). ington pf (6%)... show a steady improvement, here and | 116 110 Am Metal pf (6) L R ight vo see better trade con- | 119% 77 Am Pwr &Lt (31)... 5). ment. 80% Am Ra&Std San 1% 1417 K St, ELMRINGS ARE HFF NOTICE—The New York Exchange is mow operating | —Prev. 1030.~ Stock and Y Notice—All stocks are sold in one hundred-: TS - 801 ConiBlGRENYIBECK) excepting these designated by the letter s (65) (285)( °2 43 SonBRCub et (6).. 3 Container(A) (1.20). High. Low. vidend Rate. Add 00. High. Low. Cloge Contatner (B).. . il 37 3 0). Y Shown for April, Compared | 33* 23 Afama sihis (2. o Contl Baking (B) Contl Baking pf (8) 41% 22 Advance Rumley pf. Contl Dia Fibre (3) S % Ahumada Lead.... Contl Insur (2.40). 21 Afr Way TI Ap(2%). BY EDWARD C. STONE. Contl O1l of o e Conti Shares (1). ington Clearing House Association, bank | gow amy Aer Gor seomihis) Corn Prod pf (7). elearings in the National Capital in Coty. Inc (k2). 72 612 Alleghany St1(12.05) 5 o Crosley Radio (1)... $120,300,050.37 in April, 1929, or a de-| 343 266% Alled Ch & Dvesnfs. Crown Cork & Seal. . crease of $11,263,397.39. ‘ -C 5 : revgr il e Ll G Crucible Steel (k5).. 11 totaled $114,113,696.73, so that the| 29% 18 Crueible Steel pf (7) 1108 April figures indicate an improvement 6% Am Agricul Chem... COBRBEE s bisines et d2? even if they are behind the correspond- | 77 Am Bank Note (18) Cuban-Amer Sug pf. 1508 7 Am Beet Sugar.. by Clearings for the first four months of 36 ety ot bt the present year amount to $446914,- 46% Am Brake Shoe(2.40) s 8 $500,183,311.05 in the corresponding| 80 60% Am Brewn B Epf(7) Davison Chemical. period in 1929, Clearings will have to [ 1561 1171 Am Can (4) Deere & Co pf (1) next eight months to make the figures Am Car & Fdy pf(7). Detroit Edison (8).. equal OE' pass the 1029 record. Am ChainCo 13).... Devoe&R (A) (2.40). first four months of this year with the | 83 19 ' Am Com Alco(n1§0) i Dome Mines (1)..... corresponding four months of 1929 23% Am Encaustic (2) Dom Stores ($1.20).. 35 Am E 82% Am & Forn Power Dunhill Intl (34).... i :{;g?}?g&:\ 111% 107 Am & For Pwr pf( Du Pont de N (14.70) 114,113,698 131,795.928 9% 55% Am H. Duques Lt 1st pf (5) § 020 | 69 58 ome Prod (4.20) e e 41°¢ 35 Am Ice Co (t4). stn Roll Mill(ht2) Ve s in- 5 30 Am LaFr & Foam pf. stman Kod pf (6). '4;I;?anflgbfl‘;":t}]:g‘%lffig\l:lfi&;e;exz;;;am\:“ 105 70'4 Am Locomotire (8). ton Axle & S (3).. v 1 279% 210 Am Mach & Fay (7). slec Auto Lite +6).. ”m.’?l"é‘&?&?é "\*L'ul’lfii.i% :f?sn';:l‘}lca‘:g S1% 41 Am Metal (3). 2l Auto-Lite pf (7) 95 65 Am Nat Gaspf (7).. all over the country, later in the year.| “7 Latest predictions are that May, June | . 2% ' Am Dlano.. 100 Am Pwr & Lt pf ( ditions. Hot weather is now considered the greatest need to business better- 80 Am P&Lt pf A st( North American Output Gains. (2). Electric output of the North American [ 67% 59 ~Am Safety Razor(5). Evans Auto Ldg 2%. Fairpanks Morse (3) Fed Lt & Tre (31%). Fed Motor Tr (80c).. Fed Wat 8, A (e2.40) Federated Dept Strs. £id Pho Fire 1(2.60). Fifth Ave Bus (64c). 4 Firestone T&R11.60) % Firestone T&R pt(6) First Nat Strs (2%5). Fisk Rubber. Fisk Rubber 1st pf 1 1% Am Ship & Com..... Co.s subsidiaries for the 12 months 681 Am Sm & Ref (4) . ended March 31, was approximately o 6,810,000,000 kwh., an increase of about e b 8% per cent over the output of the 25% Am Sol&Ch ev pf(3). same companies for the 12 mont 4415 Am Steel Fdy (3)... ended March 31, 1929. 116 110% Am Steel Fdy pf (7). “Encouraging indications appear In| “5g,. “4610 am Stores (2) recent electric output figures,” said| gorl goi Am Sugar Ref (5). .. Frank L. Dame, president of the com-| ;50 " 104 Am Sugar Ref pf (7) pany. “Latest returns show an increase | 130, 174, Am Sugar Ref pf of 8% per cent in the output of North | 57, Am Tel & Cable (5).. American subsidiaries for the first three A Tel & Teleg (8) weeks of April, compared with thelff 5i4:( 197 <Am Tobacco (8) mput for corresponding weeks of ‘Am Tobaceo B ( . < 'Am Type Fdry (8) “Qutput for the first quarter of 1930 ‘Am Type Fdy pt (1) was 1,645,000,000 kwh., an increase of e 2V, per_cent over the first quarter of B & e WAR SnTh 1929. The rate of gain during January and February was , ub March output of 580,000,000 kwh. was 53 per f the same month last yei 59% with greater improvement so far in t 30% second quarter.” 35 Natural Gas Reports Revived. 26% Reports have been revived regarding -Z,f?: the plan of the Columbia Gas & Elec- year. Greene Cananea, making its first appearance on the tape this year, sold at 89, which contrasts with the préevious price of 122 recorded last December Anaconda, Cerro De Pasco, Calumet & Arizona, Kennecott & Granby dropped 2 points or more, while losses of & point or so among the others were common. J. I. Case, which was weak yesterday, received strong buying support, Selling more than 11 points above yesterday's : | final quotation. American Machine & Foundry was whirled up nearly 10 points. - American Tobacco ssues jump- ed 8 points each to nmew high records for the year. Vanadium Steel, Eastman Kodak, Diamond Match, Ingersoll Rand, | Allied Chemical, Houston Oil, A. M. Byers and Loew’s sold 4 to nearly 8 points higher, the last named crossing 91 to a new peak. Jewel Tea rose 6 points to a new 1930 high. ———— POTOMAC EDISON SURVEY. PROPERTY MANAGEMENT. Apartment H buse MANAGEMENT Foster Wheel Foundation Co. Fourth Natl Inv Fox Film (§4)....... Freeport. Tex (15).. Fuller pr pf(17.94).. Fuller 22 p£(17.40) 4 Gamewell Co (5) Gardner Motor. Gen Am Investors. Gen Am Inv pf (6)... Gen Am Tnk Car($4) Gen Asphalt (4). 251 Gen Bronze (2) :uu. 106 138, P 1245 88 Do you know for a certainty H what is the net return upon your apartment house investment? First Mortgages Anchor Cap (2.40) Andes Copper (3) Archer-Dan-M (2). Armour of Del pf(7). Armour of Il (A)..e An exact analysis of the con- ditions is part of our manage- 99% % tric Co. to bring natural gas to Fred- erick, Md., Baltimore and Washington. The supply is in West Virginia and the &mpued plans would bring the product many points on the Eastern seaboard. ‘The company already has a right of way 2% 57% 17% 4% 464 36% 50% 28 64 20'% 28% Armour of Ill (B). .. Armour of 111 pf (7).. 24% 62 51 604 11% 4644 Gen Electric (1.60) .. Gen Elec spec (60c).. Gen Food Corp (3)... 6 308 BALTIMORE, April 30 (Special).— Preliminary plans for the field work in connection with the general investiga- tion of the properties of the Potomac Edison Co., have been completed, and the engineering staff of the public serv- We have a 'selected group of safe 614% first 'mortgages secured on ‘improved real estate and ment service. B. F. SAUL CO: Nat’l 2100 1 13%’ Gen Gas&E (A) new. 100 106% 94% Gen G&Elcvpf(6).. 7 111 104 GenG& EIPLA (7).. 40s 44% 39% Gen Ital Eds (a2.62). 11 jce commission will begin the actual survey of the properties within the next two weeks. The investigations are to provide com- plete data on all phases of operations of the Potomac Edison Co. and its sub- sidiaries, associated and affiliated utill- ties which serve approximately eight communities in Montgomery, Washing- ton, Frederick and Allegany Counties. INVESTMENT TRUSTS NEW YORK, April 30 (#).—Over-the- counter market: backed by our $3,800,000 resources. There 1s NO loss of principal or curtailment of dividends in these high-yielding first mortgages. In denominations as _Jow as $250 Stop M, or_Send for Booklet “The Success Plan” May Be Purchased on Monthly Payments Real Estate. Loans REALESTATE MORTGAGE & GUARANTY, CORPORATION Capital Resources over $3,800,000 24 JA! ON PLACE 2421 218% 106% 102% 1756% 166 long the boundary line between Mary- nd and Pennsylvania. It is understood that if natural gas is brought to Washington at some time in| "gos, 63 H : 9 thednetzt tlelw‘hyznn‘;dm effort wll:fll:e B1% 36% 94 gs‘&; :‘7’., gen ::m- 3)eeseoee 8 made to sl tie pr uct to m,flw -1 106 813 ) 14 L3 ams Gen Motors (13.30).. 647 {ngton, Gas Light Co. for distribution | 105 Powder pf (6). 208 26% 1173 Gen Motors pt (1). Eoaie B far e ey be. lcarmed Bov A il 3w Gen Out Adw(AY (4 grer, no direct negotiations with_the 52% 32% Gen PublicBvo (b6). company have ye n started. 106% 86 Gen Ry Signal (5). Several local financiers are firm in the 19% 15% Gen Realty & Util. belief that this city will have natural 100 97% Gen Real & Ut pf(6 gas. 90 67 n Refrac (14%). 51% 39% Gen Theat Equip vic 106% 80% Gillette Sat Raz(nb). 20% 11's Gimbel Bfoth: Glidden Co (h2). Glidden prpf (7).. Gobel (Adolf). Gold Dust (23%). Goodrich (B F) (4).. Goodyear Tire (6) ... Goodyear 1st pf (7).. Gotham Silk H (2%). Gould Coapler. Granam-Pag, Graham-Paige Granby Copper ( 4 3 = : = 7 e Tand Silver Bt Equitable Co.operative Bldg. Assn. Organized 1879 50th YEAR COMPLETED JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary Assets......coonn $5,723,083.61 Surplus & Profits. +$1,755,911.57 Subscription for the 98th Issue of Stock Being Received ”ll”l Let Each Pay Day Be a Day to Save $50 PER —The men and women who ac- SHARE 925 15th St. N.W. MO R T G A-G"B L OANS Stores (1). . Auburn Auto (§4).... Austin Nichols..... Austin Nichols(new) Austin Nichols pf. .. Austrian Cred (4.49). Autosales. ......... Auto-Strop Saf R(3) Aviation Corp of Del Baldwin Loco (1%).. Lanston Again Sells at 125, Sixty shares of Lanston Monotype sold at 125 on the Washington Stock| 38 27 Exchange today, the last previous sale [+ 122% 112% Balto & Ohio (7).... being 121. Thirty-five shares of Mer-| 83 78% Baito & Ohio pf (4).. genthaler sold at 107%%, Capital Trac-| 110% 107 Bamberger pf (6% ). 4% 3% tion sold at 76, and 76 and Wash-| B84% 63 Bang& Aroos (3%).: 584 40% Rallway & Electric preferred at 13* 20% Barnsdall, A (2)....1 9 Y 967% 62 98%. 13 Beacon Ofl........ee 102 Potomac Electric Power 51 per cent Beatrice Cream (4).. 2 eferred came out at 108',, and the Belding-Hemingway per cent issues registered 112,. Three Belg N Ry pt pf 5.49. bank stocks appeared on the board. Ten| 57% 32% Bendix Aviation (2). shares of Continental Trust Co. sold [ 56% 81% Best& Co (2). &t 127 and ten more at 125. Four shares | 110% 92 Bethlehem Steel (6). of Riggs National sold at 530 and four [ 134 122 Bethlehem Sti pf (7) : shares of Security Savings & Comme! 41% Blaw-Knox (1%)...1 3 T43%” .o clal changed hands at 476. Bond trad- | 90 Blu'thal & Co pf (7). 3 Granite City Stl (4) .. ing was light at recent levels, Bohn Al & Brass (3). % Grant (W T) (1)e.ea Miller Joins Goulden & Co. ¢ :2;:’%“ B)oeee: Grt North pt (6). arner (4).... Grt N Floyd R. Miller, who has been with 3 Botany Con M (A). SN otta o B s i)y Crane, Parris & Co, since 1922, becomes | 22% 13% Briggs Mfg Co... Grt West Sug (2.80) associated with A. S. Goulden & Co, | 8% 4% British Em Stl 2d pf. Grt West Sug pf (7). investment bankers, in the Woodward | 21% 13 Brockway Motor Trk Greene Can Cop (8).. Building, tomorrow, according to an- | 370 370 Bklyn Edison El (8). Grigsby Grunow. . nouncement made by the firm today.| 78% 63 Bkiyn-Manhat (4)... Guif Mo & N pf (6).. Mr. Miller has been active in the local | 92 84% Bklyn Man Tr pt (6). Gult States Steel (4) financial district for a long time, hav-| 13% 10 Brooklyn & Queens.. Gulf St Stl 1stpf(7).. 208 ing first represented William R. Comp- | 65% 54 Bklyn&Queens pf(4) Hackensack W (1%) 10s ton & Co, New York investment| 178% 131 Bklyn Union Gas () Hahh Dept Stores. 86 bankers, for three years before taking | 30% 13% Bruns-Balk-Col Hall (W F) PrCo(3) 8 the position he is now leaving. He | 33% 14% BrunsTer & Ry Hanna pf (new) (7). 40s will have charge of the stock and bond | 31% 224 Buecyrus(1).... Hanna (M A) 1st(7). 10s end of the business. fi% 33:: S“fi:"’éé’;‘:‘,,‘”"’- Har Wkr Ref (12%). 23 % Ll cesew 2 Heard in Financial District. 16 81 Budd Wheal (1) 1 e ] One thousand representatives from [ 74 29% Bullard Co (1.60) i Helme (G W) pf (7). 10 600 mutual savings banks of the | 43 26% Bulova Watch (3)... Hercules Mot (1.80). 2 United States are expected to attend | 35 = 22% ’ Hershey Choe (6).... 32 the tenth ennual convention of the| 51% 40% s 83% Hershey Choc pf(16) National Association of Mutual Sav-) 48% 36 26% 15 ings Banks, to be held in the Tray- 4% 3 Butte Cop & Z (50¢). 4l 26% more Hotel, Atlantic City, on May 14, | 112% 80% 2 Hoe (R) & Co. m antte Byers (AM)...cevrs 1 tht few baneen, and 16. They will discuss ways and " 29 19 means of increasing the effectiveness of 7;& - 8:}{:,",,‘:,,' ’zn,:,“.’i:‘" 55% 49 their institutions for the 12,250,000 de- Calumet A AME(8)s. 116% 524 itors who have intrusted $9,000,000,- Calumet&Hec(ad %) Al 504 to their care, 30 Campbell Wyant (2) . Authorization to issue $6,000.000 of | 753 61% Canada Dry G A (5). Hudson Man pf (6).. 4 equipment trust certificates to be sold | 226s, 187% Canadian Pacific(10) 2 Hudson Motor (§).,. 23 at 99.355 on par and accrued interest | gos, 1921, Case (3 1) (6).. ..., % 3 2 % Hupp Motcr Car (2).. 23 ‘\s D::&lxgsns:tn gé“ti:: "‘ifi‘&‘w"" 132 115 Case (J I) pt (7). llitnois Central (7).s 1 Sought by the Southern Pacific Co. in| 7. bt‘us CaveratEi Dot 1nd Motor Cyele.-rvs 31 ‘avanaugh-Dobb Ind Motor Cycly an application to the Interstate Com- 35Y B . 60 35 Celotex (3).... indian Refining 71 Celotex pf (7 Indian Retinin; ‘Washington Chapter, A. I B,, is plan- 2314 Cent A,u.,.,.’A Ingersoll-Rand (15, ning a Spring party to be heid at_the 33 Century Rib Mi 1inland Steel (4). Columbia Country Club on May 21, Miss 53 Cerro de Pasco (6). Inspiration Cop { Mildred C. Woodcock of the American| 157, 93 Certain-teed Prod Insurance Sh (46¢).. Becurity & Trust Co., being chairman| 45y 25 Certain-teed pf. Interboro Rap Tray.. ©f the committee of arrangements, 677 36 Checker Cab (4.20) Antercontl Rubber... Safe and sound banking under - | 241% 203 Ches & Ohio (10).... Interlake Iron (1). ent-day conditions is the aim of all dis- | “g21;, “631 Ches & Ohfo Corp (3} Intl Agricuitural cussions of group and branch banking,| 10 4% Chi & Alton. . Intl Bus Mach (n6).. 1 Controller Pole told the Chamber of| jos, 5% Chi& Alton pf. y Intl Carriers. . 14 Commerce convention yesterday. The| g§3i 36 Chi& Eastern Il pf., Intl Cement (4). 6 present study is not directly concerned| j7s; Intl Combustion. 102 ‘with the Federal Reserve system, he| 5os; 7 26% 98 Intl Comb Eng pf. ... said, Intl Harvester (2%). g G i s S B co CRED . ; B el 3 22’,{. 92 Intl Match pf (4).... 38 SHOWS GAIN IN NET 1004 33 Intl Mer Marine (1).. 4 Special Dispatch to The Star. s BALTIMORE, April 30, The con-| '} solidated Teport of the Commercial| &7, Credit Co., and subsidiaries for the first| oo quarter ended March 31, 1930, shows | .o , after r Federal eq P share on 98% mon stock outstanding. This compares | 1577, 4 29 Investors Equity(2). 13 with $1,070490, or 80 cents per shate | “g5; 145, Collins & Alkman. . 3 Island Creek Coal(4 e bee N on the 904,152 average shares of com. 59 Jowel Toa (18).... 05 112 mon stock outstanding during the first . 148% 106% Johns-Manville (3).. 163 3 66% Colo & Sou 24 pt (4). 108 75 .| 12 8) 2 “og:- rymefiw'mm%um ‘xlw 152“' g} gn::‘ ;l’)‘.'", 22; lm : “2"' nz/’ 13?2.':.:‘&':5'3:?” ‘g; ,342,175, com- Y% as pared with $90,927,874 during the cor- 24% Colum Graph((a87¢c) 1020 84% ‘lg:: g:g ::: ;:, 7% last year, and 350, 199" 1604 Columblan Carb (16) 12 166 ARyt Prompt epprovcls — Valuable prepoyment prioileges— ularly. 40% 3% Comm Credit (3).... 36 34% ol Lo Three-year loans on newer properties without amortisation ’ 44% Kayser Julius (4) i i May be purchased in amounts 5 K 7. from $250 up. s 6 5 B b SRR H. L. Rust Company B. F. SAUL CO. ter than had been anticipated. g:“ ;’lm g::: ;::::‘::t ;’x‘)r u: 1001 Fifteenth Street National 8100 5 Pk taitiee National 2100 925 15th 'St. N.W. Amer Ti 85% 80 Selected Amer Shar O the plan we offer in financing your home. Terms Long Charges on Interest Low Rates Reasonable Consule complish things are those who know how to save. Start saving right now. * EAVER BRO RzAl:‘rfin% S Join the Equitable 915 F St. N.W. 809 15th St. N.W. District 9486 Mortgage Loan Correspondent Houston Oil (b10%). 108 ston Oil (b10%) Metropolitan Life Insurance Company Howe Sound (14%).. 63 Hud&Man Ry (3.60).. 7 SAFE BT ‘R'S-T MORTGAGES 847 301 8% 65% Refinancing at 3% offers the advantages 107 e 22% 16% of a longer loa.n term, o STl Cabed 1 it By B e e gl e s 54% Chile Copper (3%) .o 19 98 % rate . . May we prove b i A 1;% ‘ZZ% Intl Tel & Teleg (2). 1:}40; | toyou, in detail, the sub- e B s BRSO e — through five and one- half per cent financing. ASSURANCE IN ADVANCE You can rest perfectly assured of the safety of the money you will invest in our FIRST MORTGAGES —because the very fact we tender them for your considera- tion indicates we have satisfied our conservative judgment that the property back of them fully justifies the loan made. @ & aened veaSedRn 36% Chi M1l StP & Pac pf. 8014 Chicago & N W (5) 44% 81% Intl Nicki of Can(1). 204 3114y 26 3 And, too, there’s no question as to the interest. That remains the same throughout the life of the mortgage—and is paid reg- 20% 12% Comwith & Sou(§0c) 245 TU. 8. TREASURY BALANCE. 108% 99 Cmwlith & Sou pf (6) lg 108% The United States Treasury balance gy ey 00 L £ .95, 1 34 6% 6% 6 ' [ s e ondinery s, 235 18" ConselFUmpt (). 11 P raft Ph Ch (1)1 42 8 THERE IS NO SUBSTITUTE FOR SAF | i, A17.4134186% 28500 8000 Coacs A8A N X e 6081505 g e 1 [ Kennecott Cop (5).. 44 Kimberly-Clark(3). Kinney (GR) (1)... Kinney (GR ) pt (8). 1