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Oakland Tribune from Oakland, California • Page 76

Publication:
Oakland Tribunei
Location:
Oakland, California
Issue Date:
Page:
76
Extracted Article Text (OCR)

Hi SUNDAY OakKinD Crlbune MARCH' 1, 192." 1 1 mi bond WEE UIO HAWAIIAN MR Brings Giant Organ to State Train brinpinn the giant Wurlitier organ to the Roosevelt Memorial Park in Loi Anprlei. MORTGAGE CO IS DISCUSSED BK Increase in 5fcc Production Ths df psrtmeitt of coiiuuercs announces that accurdtim to ths data collected at ths biennial census (' manufacture. 19:1. (ha vulso of ho total output of steel works and ralllni; mills amounted to 12. Hi.

an IncieiiNO of ll-''i it cent, as compsred with 11.41.-(ii.i.JiJ In and of 1 1 cent compared with In S.S. CO. HASBIG S. S. Heads AW: C.

L. G1BB. apenl for the American-Hawaiian i S. in charge of the com-panv'i local office in the 1 Kllv Ni: Tower; (center) JAMKS B. TAYLOR, ni.in.igrr oi ihc V.

O. Lawrence Teimnial which handle! the terminal Iuim-ness of line, anJ (below), Th nn ENTERS FIELD SB NT 1 TRADE PROGRAM IV 1 'v' I 1 rr. lir 'aiifii- IJoiul niul AIortjaiK .1. IJallanl-ltpvifW Pro- -C. of O.

LawiriKf Cifi)-pa hy. cimTui ur'Arcoptaticc "G7T r.rTnjI7 ITT-Tt Capl al )i-tritt. (lorporation. Serving both Tenant and Owner '1 Lirr-m-'ft i Sr I iev "Tli- rni.M That nut In. rlt on latiklic nnli L'R apartment aie the in.

an i iisiitii y. i. an I. re. Is of 'J iiiv riito 1 i i ni'c emu p.i i I i l'l lUi'l I i I I a I spplifd lie i built to satisfy (he rid us he 1 I lit lllolilut is I t'i.

iv tr- ns- i'. i ffitt j4. c- r. a' 7r'r r'i I. inter of I i ''1 V'" IM-l and iV' -7 VWrjW- rfVC9 .,..,,,1 fi jy.f;...'-.'-..-.......

1'" I' -hi I.m.I -lin. a- --SSy jA aul 1 I -J- Vii-t jr A 'in re ptiltijilnir rrorrnni tin by the i l' n-1 In alian Nteum-j sl.l has e.tah- llsl.ed of or the twelfth) of T). 1 Dm. OiM. in lu-f of the ak- in .1 rr i i i h- siMnni Inrrv Hus.

hn' nnd "lt org lium-c and li chirce "Th: t-m iHt.h ct.it. ill l- tin ai ti- ul Iv to I 1 1 jr.it 1 Hi. I tit 1 ia i'l ha i ce if I l.e V. I'. Ijiwitihc 'J" 1 .1 1 I'n.

.1 J. It. ritireraM I. Brent for the I tomi'inv In San -One Arreri.an Hawaiian vessel i mils evrrv Tluiv.l.iv in t'm- Oak T' i here will I it. I of .1.

I 'a I-I l.ir.1. if So ra most exacting tenant, yet our construction" ensti ate kept down to that the owner may receive the highest possible revenue. '''JVvAaoS A in nlo nt.il l.rt loi'-pri nt of the Wfitorn Staffs 01 pt 1 nre I'orpi'iat 1I011. tlio iKmi iomi company row located In Oakland. :all.ud tns.le tlie trip to the matters con-nerteil with the company.

"Since the public has lerun to reali-'u 1 n. what mean. ntt-t has Inn tart I to tl: xplained Iiallard. "It f.air.1 that the operations of Htn 1 oin-panles pre the financial opeiations In t' world. Tli old-tmio "f.u-t.ir" who was our iiiirtmen' a livelihood iite I 'nil it una I "sli ot nil lli l.asl 1 1..

ii 1 i in" lasi year. full" l-rltiRS a ft i i i bay. A li mm. it was tlif I'nii. fernlnn.

if 1 1 s-ai. Cfinpanv. tl.nh t. tin l'ort with 674 t'U'S I al i'UIS'1. ii.

is Mhe growth of ley and on each In Oaklasd and Ktneryville. The rut vice-president, I.oula .1 r.tcuniT, Is Ice-president and manager of John Ureuner fur-nlturo dealers of Uakiand. Sacia-niento ami Stockton. A. liekins.

of Iteklns Van and StoraK Company with thirteen wan houses In the chief cuies ot California. Is second vlce-prel-dint. The secretary and manager, Fu-gene 1,. Hrock. bai been I (entitle, 1 with banking aril real cbtate activities for over twenty-five, yearn.

Irvine i Lewis, thfl tiousuier of the new company. Is a capitalist and president if the Grayson-On en Co. The directors Inelu the five of- fleers Just mentioned and the fo-luiv lux K. Wells, of Weaver Wells Co, distributor, of St baker automobiles; li. Ilengen.

capitalist mil etensurt owner of business an. I property lit the city i Oak. and, i.n.l Charles L. Snil'l president i Smith 1'ros Incoi po. rated, conducting ths laigest com I nationery, book suite office f'lriilmr business in i-lueia loiiiiiy.

which they sr required to Invest hi rue trim. Th" establishment of conservative and dependable ouv ir Institution ti. act a- a hii.il'g lig'-ut either direct-iv or in l.u"'tlv tor such mustois opens a channel by which ,1 l.iia.1) Mint of absnllltrly in caietal I f'n' into Oikiand." 'i'iie officers and directors of the Pacific Hon. I and Kinanc Com-tvuw are well known lu ti.o lie of the company. V.

lalwatds, 1: been a bunker Tor thirty -ars. serving nt of t) banks In liei ko- "u.i i.1 i ci ii riranncs sna building onrinij January slum I much iio mIiT pel i r.m,is' of (. over J.uiii..ry. 1 024. than San Kriticls, o.

t.i.f I.os .1 a I 1 -i i i ii a nt hoi 1 1 on ration, il i lei'iiii i.l lew seem to b. i.tiaioino the that the grc.iL p'ons. tor I ast the first the feutoil. will be n.a.;.. on Ihe coast.

land is with iiovautag. that are nlrendA the ii' ti tif tiate-i-il ir.uu-tn. Tit's in.luslri.l! Inl has onlv begun 1 h-i is a us-eiit lack of n.leiiu ite capi; i to much us il-oi't-mi'iit. lih-'h-rlass and a ,1 imirtgi-p Instniithoi .1 to -t in this situation. jno-; c.

l.fc.iu.-' 4f liL-h'T intirist s-. nici e.asmj; prop' ny values, are ory atti.o ir.e to in stiis, such ns liiui coniVi.in.es having lai'gt' funds J8 ronipat iri.de l-i the lr.i i 1 f'lldi "Tl.e A mcricar -1 stean.l:i company i now.r-iv fvimr as carta In tl.e t.r of Oakland i i.t as we MaariBkSatkXMPI 'jV ft tv 7 it XI 5 5J 7 xiSX. 33-' V. vjl 7" i 5 such an Important man -nmi'iiB lie trappers an.l hunters was simply ajplyinc methods to the fur business. "Of course, thn banklns practice most prominently in the ptiolic eye that of the operations of and comn'ori-ial banks, In tlnse Institutions Interest Is paid on savlncs count and the money ihwH Accumulate.

I 1 loftneil out on the hih class of securities. "In the finance company, the stockh.ohufs'dt'hosit the money and In return receive stock "In our company a allow per cent it.t'rest for th use of the money a ml share In the profits. The monev Is then loaned out on the highest class of securities Our company specializes on loaning money on sales contracts for iVrd prod nets. isfii in lift I lp a I'lonin inn years m.o carco. 1'iadcd In the poll i i.ik';inJ, ci n-its of canned pre dr; ,1 fruits, aoran frrt.

pnrr and machines itl.c belnp tl.e of imavox company). Tl.e ivtMlicund carico ar- rlvlns hTc In rarely of eteel. utoinol part ar.J tv.i rclirr.li.e Of all kinds." Eastbay Growth J. R. Fitzgerald Agent for the American-Hawaiian S.

S. Co. i Cfmn.f'itinc on the prowth rf the Amf ricari-HaH aiian company I usir.i sa James H. Taylor, manager of the Lawrence Terminal etates: company has been a In the port of Oakland. Ira success and the hearty support extended ly local nippers.

Is a matter of tlon to all who have tl.e lfst Interests of the port of Oakland at heart." Your Opportunity "a have selected mis line or activity for two reasons. First, it offers an unusual decree of safety. We take over the'tille find a first I BIG SALES TOTAL On every hand you witness tangible evidence of the growth of the Lasthay Communities, all pointing to the greater future that is at hand. Building permits, bank clearings, industrial expansion, national, recognition of the unequaled natural advantages of tin's favored section, nil spell the one word, 'opportunity." flIOUNCED BY Building Permits i tiiiiiM hovvcc 29.5 per cent increase l.i-t month over I vv 7 I. kA tl if: rv Oakland Imildi'ii h.

or January. V)1A. Sin I ii pain was only 6.5 per cent while Loi mortpare on all machinery upon which we advance money. Inasmuch ns the value of the car Is more than equal to the amount of money ve have loaned, we are secured from this nncle. If you would demor.sTraate it for youself, go out and pet the resale prices for Ford products.

"Eut that la rot all. We take but Insurance whioh protects us apalnst embezzlement or conversion of the and also acainst fire and theft. Thus we are doubly secured find Incidentally tie receive a profit on writing the insurance. "In fact, business men are Just beginning to realize the stability of this safety and those v. ho have investigated rlace it on the same plane-as first mortgages on real estate.

"Naturally there Is a margin of profit on each transaction, but the big earning power of the companies come In the fact that it is possible for them to either their contracts or, throu.h the monthly installment plan of paying up the contracts, to be able to re-Invest the eame money three times a year. "Thus, if you were to Invest lion in thP company through i M. B. "Jack" Fteyer, business property ppecialist of 421 ISth treet. reports that in the past fetv montha he has sold more than worth of Oakland business property.

"And thers are several large deals continued Stever, "which Include the location of new Industries. Steyer was for twentr years Identified with the banking business. His knowledge of Eastbny business properties has been through a thorough study of values and During the past several years he has been active In the real estate and development field. Amonp the recent sales announced by Steyer are these properties: 2928 Telecraph avenue, dold for J20.000; 2937 Telegraph avenue, sold for 130, (HiO; loa Alice street, sold for northwest corner of 3 1st street and Telegraph avenue, sold for northeast corner of 34th and Telegraph, sold for $40,000: 1 933 Harrison etreet', pnhi for and JS39 Franklin sold for $60 We Help Finance HOME BUYERS Lon? Time Loans, Low Rate of Interest Buy a home and make money while lots are cheap. Payments less than rent.

Loar.3 larce or small. 5-- and .61 Life Insurance Not F.oiiiiired Prudential 1 unds Jamieson-TovIe-YViliouffhby- Corporation I 1 6' a 1 A sound banking practice we are able to make it pay dividends on $3i'0." Ballard Is ft member of the firm of Goodrich Uallard of Sacramento; president of the Motor Company of Courtland, director of Northern Sacramento Motor Company of North Sacra mento. Vallev Transportation company, by A. Wainwright. has applied to the commission for a certificate to operate an aVito-frelfht'line San -ra net-co.

Officers and Directors: President- B. F. Edwards Has served as president of four Eastbay banks. First Vice-President Louis J. Breuner Manager of John Breuner Co.

Second Vce-President A. Bekins Bekins Van 6c Storage Co. Secretary and Manager Eugene L. Brock Twenty-five years Eastbay banking and real estate experience. Treasurer Irving C.

Lewis President of Grayon-Owen Co. Directors: B. F. Edwards Louis J. Breuner A.

Bekins Eugene L. Brock Irving C. Lewis i E. Wells (Weaver-Wells Co.) G. B.

Hengen Capitalist Charles L. Smith President of Smith Bros. 17th St. i 'ii i a ii ti hi. I flnl-Vo rl TM'look- 'I .00 i cicciea -cd per cent.

Oakland Lank clearing I.vt month were 14.7 per cent prreatcr than last year. Francisco's gain was only 5.2 per cent while Lot Angel.t A- created 3. 1 per cent. Oakland mortgages and deeds trust recorded last month were 2,283 against 2,068 hvt year. Ea-tbay' huilding permits during 192 exceeded $46,000,000.

giving thii district ninth place in the' entire UnrVd 5tates. Your Opportunity 7 his Fplendid of the enviable Eastbay is your opportunity. A New Company The newly incorporated Pacific flond At Mortgage Company enahlri you to share in the profits made by this Eastbay development. The company is a financial institution whose chief business is the makins; of firt mortgage loans on improved property. It also purchases and s-cm-IIj bonds, real r-tate contracts, -dee-Vis of trust, and other securities.

7rr Preferred Stock It is offering $1,000,000 of cumulative preferred sloclrpar value of $10 a fhare, and $100,000 common ttock. par value $1 per tliare, both tax exempt in California. The chief source of revenue to the company, otk-r than interest, is to be derived from feet and incidental expenset paid by the borrower upon every loan. After the loans are made, the mortgaget will be resold by the company to insurance companies, banks, trust estates, or private investors, and the money received again loaned. The large profit comes from the turn-over.

She expense of operation is small, as only a tmal office force and little equipment are required to handle a large volume of, businesj. Excellent Security Well-selected first mortgagei on real property are recognired as the safest form of investment. Successful Personnel The Directors of the Pacific Bond Mortgage Company are men whose names have been linked with many of Eastbay's foremost financial and business enterprises, as owners-or. executives, for many years They are men whose ability and. are widely iknown.

The B. F. Edwards, has been a banker for over thirty years, having served as president of four Eastbay banks. The manager, Eugene L. Brock, has been identified with Eastbay bank- ing and real estate activities for over twenty-five years.

Eastbay Needs Capital iTIie influxinto the Eastbay has only begun. This section needs additional capital to realize its Wonderful possibilities. The -establishment of the Pacific Bond Mortgage Company opens a channel by which a large amount of new; capital will flow into the Eastbay. 'This Company's Offer To conservative who desire a good rate of interest on their investment; this company's units are recommended at the price shown: 2 shares 77c- Cumulative Preferred Stock, $10 par 1 share Common Stock, $1.00 par 1.00 '3 'S3 ii. 1-4 Announces Opening of an Eastbay Office I' in For full information sign, clip and mail this coupon.

I Pacific Bond Mortgage I 413-416 Alameda Co. I i iue ins. Duuuing, Oakland; California." Rooms 1206-1207 TriHune lowet Telephone Oakland 1022 Per SolcJ in multiples of 5 units. Terms if desired. I Kindly iend circular of your investment opportunities.

it' Name Address YoiHAre Cordially Invited to Call p. Pacific Bond Mortgage Co. Incorporated 413-416 Alameda County Title Ins. 14th and Franklin Streets, Oakland, California Telephone Oakland 1264 -1 Chas. L.

Gibb, Ass't Agent f. R. FitzgeraldrAgent IP..

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About Oakland Tribune Archive

Pages Available:
2,392,182
Years Available:
1874-2016