Show i f LAKE TELEGRAM THU r- r i Il Guide to Investors t I II I I Joint j Stock Land Bank n Bonds I By Ross Ros Beason I I J FEDERAl S UPON OItti MAIM ID UV ll n. 18 I Imposed UPon Joint took stock Inn lanti banks bank by bT the federal I form fern loan Ini set act and l by hT the reg tOI of the federal farm loan lORn board I Insure in the th operation of the the- bUiL and In the ranking making of 01 the mortgages whIch their bonds bond Among these tho restrictions restriction Amona nrc are I the lice are lre re to lo no not exceeding BO 00 r. r l I per r cent lt of the land I clue s-clue ald o per cent of the the- permanent permit perma neat nent Insured Improvement n I as pera conier con ier n ely l appraised by the federal appraiser Property must b be be nc- nc for agricultural purl pur pur- l lOle oe nad the loans lonn must be con n S fined to pro capital for tor ag S nal- nal cultural purpose purposes Mortgages may flay not be made in e ex- ex f- f ce CONS of er tHI i ir acre ape pe- le- le 11 content consent of the td federal tr I farm loan lonn l oan Ao 0 o Incle mortgage nor snort mort- mor- mor S gages to one ole borrower borrer can an be made for tor more morn than oO nor for more snore than IS JG per cent nt of the te banks bank's paid in Jn n capital and surplus must be an nn first lien len and borrowers borrower must hn e t tide itle in fee e simple The 1110 farmer may not Dot lJ be charged nn tin interest rate e exceeding edn 8 S per ner cent I K Every err e must b be b made upon tipon the principle r v hereby n a fixed nUD number r of equal quAI payments Include the In Interest interest In- In terest and repa repay the principal of ot the Ionic lonn nn an agreed period pero of not more snore than tha forty years yearn S New I York Stocks Stacks Quotations furnished over private wires wire off oft J. J A. A Hogla lorle Co and received by them up to doss close of the market to to- to day aay S Close Am Beet Sugar 28 38 i 38 Am Cher 18 13 18 Allis Chalmers Chalmer 43 1 U 3 1 U 43 1 43 1 Am Can Can 94 92 93 53 4 Am Car 0 i Am H 11 L 51 51 6 51 6 Am Int 20 26 28 An Am Loco 1 2 i 16 Am S S 5 15 At Am Sugar Suar 7 1 74 74 7 Am Sumatra Sumatra Tob 28 20 2514 26 r. r Am T T Ti 12 26 Am Tob See 18 m Am Woolen 91 90 81 0 Anaconda Copper 46 U 41 u 44 Atchison S 4 99 39 9 9 G 0 9 W I 1934 1 19 B Baldwin Loco Loco 19 D' D 33 a. a t 0 48 U ten cc is isBeth Beth Steel B 64 54 1 63 53 64 54 Butte Sup 26 25 25 Calif Calt Pete 2 05 Calif Calf 9 82 9 Can Pat Pac 16 8 12 8 12 1 8 Central eLather 30 2035 ao 30 Cerro de Pasco U 42 4 41 1 U 42 UC C 31 St 1 20 4 20 20 Chandler Motors 65 61 1 Cl C CO 0 64 l 6 C M 21 SP pfd 36 3 3 35 aH Sc NW 78 g C. C RI n P. P i i 28 2334 m Chile Chie Copper 2 26 26 27 21 Chino Copper 23 23 23 Coca Coca Cola 15 2 j 76 2 76 i Cob Fuel 1 Iron 29 28 2344 29 Cont Can 45 41 4 4 Corn 4 Con Textile 10 10 10 1045 10 10 1014 Crucible Ste Steel 1 10 45 68 66 06 6 Cuba Cane Sugar 14 14 14 8 General Asphalt r. r 30 40 General Elec trIa 17 1 5 5 1 General MotorS Motor IH 1535 15 1 16 15 Goodrich Rubber 32 3 3 Great t Northern t le pOd 71 70 71 g sf fd n n n ni Gulf States Steel ee i Great Nor ore cU 29 i 20 5 Houston on Oil 65 56 Illinois Central 6 5 5 1097 6 Tnt M. M 1 f H 7 Int Paper 41 7 4 4 4 KC Southern 19 10 19 Kenn Copper 86 85 88 86 36 L 1 8 tg N N. 90 00 1 00 00 1 00 Mexican Seaboard 10 16 16 Miami Copper 26 26 1 26 28 1 26 28 1 Middle Stats States Ott 01 10 10 10 10 lor Steel Stel 27 27 21 27 2744 1 M Pacific 37 2734 1 37 37 Montana Montana Power lower 88 68 06 3 86 66 8 National Lead Led 1174 18 11 O nj ni I 1 Nevada Copper 18 U 13 1334 N Y V Central 94 1 34 04 N Y N It I It n 94 1745 1 2735 l 17 In l Northern Pan Pac 71 71 g Pure 2 24 1 2 1 22 44 fh diR Oklahoma a Prod Ref i 2 2 Ontario Shyer 5 1 5 6 1 5 5 1 Pan Am r Pete t i 5 71 1 ZO 3 10 Prod 8 Ref Ref 43 43 Pennsylvania H H H 44 H 44 4 Pullman 1111 Pittsburg 8 W Va Va 40 19 4 45 19 48 46 Prese Pressed d St Steel el Ca Car 57 6 55 16 67 57 Ray Cons Copper 13 13 13 ReadIng 74 1 1 1 7 14 H 7 Rep Iron 8 Steel 51 6 9 49 7 34 Royl noyal Dutch NY N T 49 48 9 4 Sch 1 Union 17 1 49 Hi 1 1714 48 T 1 1 i Shattuck Aria Copper 71 7 H. H Sinclair Oi Oil 8 Ret Ref 30 29 29 Southern Souther 89 80 89 H 99 89 Southern Railway 33 31 33 do pM IM 3 3 68 S Oot of N J pfd 8 6 do corn eom 16 36 35 18 34 aH 18 35 Studebaker i 8 Texas Co 12 u 45 10 45 4 4 Te Gulf Sulphur 6 61 6 Tobacco Products 54 S 6 TranscontInental Oil 01 9 1 i 9 8 S Union Pacific 1 4 1 4 41 1 1 4 U S Food Products 8 3 3 3 u A RInd led Alcohol 66 56 2 66 16 1 58 56 U S f Retail Stores i 76 16 j Y U S Smelting 29 Ti T 29 29 U S Rubber 51 19 U U S Steel 98 6 97 n do pfd no 9 Utah 8 Securities 18 18 18 1 Utah Copper 1 e 4 1 63 1 Virginia C Chemical 1214 10 1034 iO 10 8 Western 2 l lOT Westinghouse Rice Elec 54 54 6 i H. H Willys Overland 1 7 i 7 Wabash A pfd pM 28 28 U |