Evening Star Newspaper, April 13, 1923, Page 29

! FINANCIAL, RE CATTLE ON FEED IN WESTERN STATES keting Plans Distribute Supply Evenly Over Next Six Months. the Associated Press. CHICAGO, April 13.—Thjrteen per cent more cattle were on feed in the eleven corn-belt states on April 1, 1023, than on April 1, 1922, according 2o an estimate given out today by the United States Department of Agricul- ture. This .covers only cattle on Srain feed for market. The s es east of the Mississippl river as a whole show an increase of 15 per cent and the six states west an in- crease of 1215 per cent. The cattle on_feed are largely of, light weights. Five per cent weigh 1,300 pounds and over; 13 per cent weigh 1,100 to 1.300 pounds; 21 per knt 500 to 1,100 pounds; 29 per cent 700 to 900 pounds, and 32 per cent less than 700 pounds. The reported probable time of mar- keting distributes the supply fairly evenly over the next six months. Ac- cording to expressed intentions 17 per cent will be marketed in April, 19 per cent in May, 16 per cent in June, 15 per cent in July, 9 per cent in ugust and 24 per cent in September or later. DENIES JUGGLING ORDERS. NEW YORK, April 13.—Denial of aving “juggled” orders by selling on personal accounts while buying fror ‘customers- was made by Louls IMontgomery Kardos, jr. of the de- ftunct stock brokerage firm of Kar- dos & Burke, when hearings were re- umed before Referee Peter B. Olney. pr.. vesterday. ‘Kardos admitted trading through ix accounts, but explained that or- ere not nuilified, as his pur- chases or sales were made several days after carrylng out orders of customers. The hearing was contin- ued to April 19. LEAF TOBACCO. BALTIMORE, Md., April 13.—For the past week receipts for Maryland 'were 176 hogsheads, while sales otaled 112 hogsheads. Prices remained unchanged and the [demand good. Maryland prices per 100 pounds— Inferior and frosted, 3ad4: d, common, 1aR; good common, medium, 18a27; good to fine red, 28a 80; fancy, 52a53: seconds, common to medium, 4al0; seconds.@good to fine, 11a24; bay tobacco, fire-cured, 15a55 pper cour'ry, air-cured, nominal [ground leaves, new, 2a20. B.—Unsound and badly mixed ages from 1 to 3 cents lower. Stock in warehous Stock January 1... Receipts since Total ...... Delivered since today L........ This week Previously Btoek: St otal round DIVIDENDS. Pay- Stock of able. Record. May 1 Apr. 12 Apr. 23 Apr. 16 Apr. 14 i Apr.'is Pe. Company. riod. Rate. Am. Wat. Wrks. pf. iot. $1.00 May 15 150 Apr. 13 13 May 1 115 May 1 May 24 June 25 20 24 12 1 1 i igar Co. pf 1 Gen. Cigar Co. db. pE. 2 Plerce, Butler & Plerce 8% pf. 2 May 1 Apr. Tonop: 10c May 31 Aj 10 May 15 May gar . ah Min. Co... Valvoline 0l Co. stk... Livermore & Co. || Members New York Stock Exchange 823 15th St. N.W. and Wardman Park Hotel Main 2790 Col. 2000 * “When Investing” Consider First Safety. the rate of return your earnings will_yleld. You will find First Mortgage Notes always foremost in recommended safety. Bend for full information concerning our { 1% First Mortgage Investments in Amounts of $250 Up to $5,000 Guaranteed Title furnished to all inve: Becond, tors, with collection remit! the day due. : Chas. D. Sager 924 14th _Loan Dept. M. 36. . MORTGAGES The Safest Security on Earth Every mortgage is less than 50% of the market value of the property. 1. Absolute safety. Reliable security. Liberal income. Insurance against loss. Protection against de- preciation. Prompt payment of ine terest. Repayment of principal in full at maturity. Choice First Mortgages $100 $250 $500 Call or urite for information +William S, Phillips Safe Investuents 156 &K Sts. Main 4600 APRIL AUTO OUTPUT. Production to Be About Same as for March. NEW YORK, April 13.—Following a month of unprecedented operations during which 346,000 cars and trycks were manufactured, the major auto- mobile manufacturing companies are moving along on approximately the same schedule as those of March, ac- cording to Automotive Industries. “There will be increase: during April in the some of the smaller producers, but it is not likely that the average daily output in the industry will be much above that maintained last month. Difficuity " in obtalning a sufficient supply of raw material to make ex- Dansion poraible will limit output Considerably under the actual de. REPORT OF THE CONDITION PARK SAVINGS BANK At Washingtoa, 1n the D the cfose ot ‘bustcss, Apris 3. 1950 RESOURCES, includin nts, 2 ceptances ‘ of other banks, and foreign bilis of gxchange " or drafts. wold with indorsement of this" bank 1. 2 Loans and count; reds Total loa: 2z gmaum."' B +$1,064,608.58 red ', £ S. government securities 70212 140,887.38 114,701.34 105.183.48 in vavit and o from oational e ro ates (or included in I(:.n (:l\?." for clearing house. own a8 report- (other than' Teem 10,11, 13 ‘and i it side’ of city or town of te. b forting bank and other c sets: Revenve than Exchang < ... 2.885.71 amps 33.28 -$2,787,182.82 LIARILIT 3 . Capltal stock patd dn !“Tlfll fund . TUndivided profiis + Reserrse Bl $50,000.00 125.,000,00 . Certified checks outstanding.. 4. Cashier's checkn outstanding. | of ltems 23 cheek . Total demand depos than' bank deposits) Jtem 270,548.15 Time deposits’ (payable' e e payable o more not portal Tavinge: "o e® . Certificates of depostt (ather than for money borrowed) . Other time deporits Toal of time depos! 31 and 33 ......8$1,38, r‘nd. G, casiler of solemniy swear that the above statement in true fo th TR e to the best of my ERT 8. STRONG, Cashier. Subscribed and sworn fo before m 6 day of April, 1923. Aot (Seal) WM. C._STRATSS, Notai 3 Correct—Attest: E¥Eublic Thos. Somerviile, Geo. 1:,‘.’ "vm.!. _ erna; Leonard, Wad & Seinenerger, T W. ¥ H. Atkinson, ki J. Rebert Somers V. Bolg Q s John H. Holmead, Directors. 0. 5. Bundz, Frank W. Bolgiano, rge A. Prevost, ThomasRomerville, Ir., REPORT OF THE CONDITION |SECURITY SAVINGS AND COMMERCIAL BANK. At w..mnfm. in the District of Columbis, at the close of business April 3, 1923. REROURCES. and dfs- . including 1. & Loan: coun edi drafts, ol indorsement. this bank cept those shown in' b and c)....82, Total loans ... . Overdrafts, unsecured, T, 8 SoTermment scurities house, X rniture snd 8xtures, $42. companies in the United States (other than included In item 10).. hanges for clearing house. of items 10. 11 and $328.200.01 . 3328, on’ ‘banks’ located side of city or town of re k and other Auxiliary banks Teller's differe: LIARILITIES, 17. Capital stock paid in. 18, Surplus fund .. 19. Undivided profits.” '$47,507.35 a Regerved for in. terest and taxes accrued 11,000.93 $58,398.28 «©Less current ex- penses, interest and tazes paid. 429.00 21. Amount due to national banks 22 Amount. due to state backs, Dbankers trust compa- nies fn the United States and foreign countries (other than_included in items 21 or Dema: posi (othe than bank deposits). (Deposits. yable within 30 dave): 25. Tnfividusl deposits subject to 20 Cotifcates ot deposit dus in HIOHA3 less than 30 days (othes 68,804.97 1,661.108.77 354400 iring notice. days—savings 3. 002,16 iyable atter 80 or sublect to 30 day ore notice) and post: Certincaies of deposit (othe Bl soney Dorrowed) .+ than, for mone )., 1631 deporita—Crristmas ey 105,813.50 31 and 33 ...... $238,000. 5. United States deposits (other t?‘:an‘up::_l )y Sount ‘und depoaits oF Lisbiiia e o e . os n @ L Sove stated: Bills payable . : Beteered " ‘house .o Christmas ‘sa 2ok Colimbing G mi.%n. B BAUTAT ed solems] above- ok, tatement 1s true to th the above slate E" "l e 10,750.00 200,000.00 110,000 o wear Dost of my BAULSIR, Cashler. Bubseribed and swora to hma.'n.c'm. n MELVIN M. GUSDORF, Notary Pul 8 1. e SR FRED McKEE, ¥ SLARK TAYLOR, ey % A McKEER, s THE - EV REPORT ol'o‘#"flml‘ W!Dl‘l‘ifl' MERCHANTS* BANK AND TRUST COMPANY At Washisgino, in the District of Col [0 the closs 'pf business Apri 3 £l ete. Banking’ niture 700,29 the United State than {ncluded in 10).. Exchanges for clearing house. . cks on other banks fa the town as report- ing bank (other than " jte § terest and tax accrued ... 141,100, Lems current ex. a1 0H 13.640.22 Amount due to state banks bankers and trust in the United States and eign countries (other t] included in ftem 23) . Certified checks outsta . Cashier's checks ou Total of ftems, 13.820.71 .432.97 16800.28 ... "'$95,648.96 Demand " depoiis (nfl?)rea‘l;ln eposits). ble Within 30 aapero a1 deposits subject to id ! Other demand. depo ‘Total of demand deposit er than bank deposits), items 25, 20 and 30..82.743,055.75 Time deposits (payable after 80 days, or subject to 30 days notice) and postal 2.688,418.52 3.00 50,544.28 payabe nciuding all ob- zations representing mo: borrowed ' other counts) .. . Letters of credit ane hecks sold for co 413,280.00 925.00 INK, tre R sslemaly mwear that the rue to tl knowledg: and belief. g . W. POPKINS, Tres Bubseribed and sworn to before me this 15th day of April. 1923. (Seal.) HARRY J. DONOGHUE, Notary Publfe. PETER A. DRU PP HARMA A C. W WM. HENRY WH ROLANT) 8. RORRS i HEPORT OF THE CONDITION EXCHANGE BANK Of Washington, At Washington, in the District of Columbia, the close of business April 3, 1923 . RESOURCES. 1. a Loans and discouni including redis. counts, acceptances of other banks and Cerrect—Attest: in band © Total loans . 164.94 11,675.11 ... 383.780.97 furni- 5,500.00 owned ........... . Otber bonds, stocks, ote. - . Banking house, nd fixturer . Exchanges for clearing honse. . Checks on banks located out- side of city or town of r bank and other ca est and taxes ac- 2.568.10 1,088.62 $8.050.55 crue B b Reserved for insur- ance ..... 2 ¢ Less current penses, interest taxes paid ..... 94.3¢ Certified checks outatandin Cashier's checks outstanding " Total of items 24 . $7.898.94 (other Demand deposits deposits), (Deposits payable within 30 days): . Individual de; subfect ‘check 7.958.21 267.33 7.83161 to Certifica; deposit due in Tews than 80 days (other than for money borrowed) . . Dividends unpald . . Other demand deposits deposits (payable atter 3 or subfect to 30 da; or more notice) and postal . savings: .'Certificates of deposit _(other than for money borrowed) 33. Other time deponit Totul of time de) : A -$510,887.87 etrigt o Colgimble, City df W it et of. Colombls, ington, es.: Dt LLSAM R, " NAGEL, cashict of ‘the abovenamed bank, solemaly swear that the fhovastatement s true (o the best of my a ef. knawisaay WM. R. NAGEL, Cashier. Subscribed and sworn to before me this 15th ang el ‘April, 1f (Beal.) JAMES M. WOODWARD. . otary Public. Correct—Attest: W. K. Reeve, d, W, Henry, . W. Hen: Feank B Ghlsens, EQUITABLE Co-Operative Building Association Organized 1879 434 YEAR COMPLETED Assets ......4. Surplus Systematic Saving re to meet any 1 in the fhture by opening ar’ sccouat’ and saving with us in a systematic manner. Subscription for the 84th Issue of Stock Being Recelved Shares, $2.50 Per Month | EQUITABLE BUILDING 915 F St. N.W. JOHN JOY EDSON, Presidenmt FRANK P, REESIDE, Seey. -84,657,969.38 -$1,180,880.91 i bell (Seal.) At 1. . Redemption fund with U. S. treasurer ment. Percy H. Russell Co. S.W. Cor. 15th & “K” Sts. . Overdrafts, un . U. 8. governme; . Exchanges for clearing house . Checks on other banks in the . & Checks and drafts on . Redemption fund . Capital stock paid in. . Surplus I . Undivided profits = . Other bonds. st | Banking house. " Real egtate owned other than banking house.. | Lawful reserve with federal re e : Ttems with federal reserve bank in process of collection. : Cash in vault and amount due from national banks. " Amount due from state banks, bankers and trust comp. . Exchanges for clearing house 3. (E:heckl ‘an other banks in the same city or town r record of 30 years insures your pro- treat- e e Joseph REPORT or‘conprrlon Money to Loan al estate. nalon. Federal-American National Bank Washington, In the District of Columbla, at the clo April 3, 1923, s RCES. . & Loans and discounts, including rediscounts. ac- ceptances of other banks, and foreign bills of exchange or drafts sold with indorsement of this bank (except those shown in b and c).$6,854,765.27 Total loans ... t securities owned L Dcholllted to secure circulation (U. S. bonds, par value) ...... b All other Uniter (including _premium Total Banking house, $457.000; furniture and fixi 800,000.00 rnment securities . $1,311,046.86 . Real astate owned ofher than banking hou: . Lawful reserve with federal reserve bank . Ttems with federal reserve bank in process . Cash in vault and amount due from national banks......... . Amount Aue from state banks, bankers and trust companies in the United States (other than included in items 8, 9 and 10) bank (other than item 12)... Ciisss Total of items 9, 10, 11, 12 and 13 . $1,475,793.15 nks (Including federal reserve bank) located outside of city or town of reporting bank.......... 314, b Miscellaneous cash items..... 5 with U. 8. 304.60 85.11 treasurer and due from U. S. Treasurer . Other assets ‘Total LIABILITIES. fund .. g e : L ¥R10,48857 a Reserved for interest and taxes ac- crued e 59,749.20 r'd b Reserved pre tion on bonds and stocks .:. . 4,176.99 ¢ Less current expenses, interelt and taxes paid . Circulating notes outstanding. . Amount due to federal reserve ban) . Amount due to national banks . Amount d e to state banks, bankers and trust companies in the United States and foreign countries (other than in- cluded in items 21 or 22).. Gt Certified checks oujstanding Cashier's checks outstanding. = . Total of items 21, 22, 23, 24 and 25. ceo.... $718,163.44 Demand deposits (other than bank deposits) subject to reserve (deposits payable within 30 days) Individual deposits subject to check. Dividends unpaid ........ 31. Other demand deposits Total of demand deposits (other than bank de- posits) subject to reserve, {tems 26, 27, 28, 29, 30 and 31. sons . $7.194.545.23 Time deposits subject to reserve (pay: ter 30 days. or subject to 30 days’ or morc notice, and postal savings): 2. Certificates of deposit (other than for money borrowed) 34. Other time deposits G e . Postal savings deposits. .. Total of time deposits subject to reserve, items 32, 33, 34 and 35. $3,063.936.91 United States deposits (other than postal savings). including war loan deposit account and deposits of United States dis. bursing officers iR Total District of Columbia, city of Washington, se. of business on . $6,854,755.37 ‘ 274.89 2.111,046.86 10.57 18,645.33 392,511.93 56,238.31 .$1,200,000.00 500,000,00 304.952.86 10.982.47 26,588.69 7,180.334.35 12979.00 1.231.88 31.684.20 $13,762,863.36 I, CHAS. D. BOYER, cashier of the above-named bank, do solemnly ef. Subscribed and sworn to before me this 12th day of April, 192 MILLARD S. YEATMAN, Notary Public, LOUIS MACKALL, W. STUTLER. W. T. GALLIHER, RHEEM, Correct—Attest: RALPH JENKINS, G. W. HARRIS. IRWIN B. LINTON, LESTER A. BARR, T. C. DULIN, THOMAS P. BONES, J. H, CLAPP. JOHN L. NEWBOLD, W. G. GALLIHER, RALPH W. LEE, awear' that the above statement is true to the best of my knowledge and CHAS. D. ROYER, Cashiel Directors. REPORT OF CONDITION Of the DISTRICT NATIONAL BANK vashington, in the -District of Coclumbia, at the e April 3, 1923, RESOURCES. a Loans and discounts, including rediscounts, ac- ceptances of other banks and foreign bills of exchange or drafts sold with indorsement of this bank (except those shown in b and c)...$5 71.91 Total loans .. = . Overdrafts, secured. $1.778.61; unsecured. $1.2 a Customers’ liability ‘account of ‘“acceptances executed by this bank and by other banks for account of this bank, and now outstanding $91.563.60 U. S. government securities owned: U Deposited to secure circulation (U. 8. bonds, par b All other United States government securities (including premiums, if any).. . $503.000.00 564,000.00 ks, rities, etc. Rie 5 $662.345.62; furniture and fixtures, $63,560.58. rve bank fes in the United States (other than included in items 8, 9 and 10) bank (other than item 12). a Checks and drafts on banks (including federal Teserve bank) located outside of city or town of reporting bank.. e b Miscellaneous cash items s $53.341.22 9,701.38 close of business on - $5,187,671.91 3,053.11 91,568.60 1,067,000.00 31 .627.71 716,206.20 90.498.83 577.914.10 104,079.69 261,546.38 21,075.77 63.042.60 and due from U. 8. treasurer . . Other assets . Surplus fund . . Undivided profits 35. 1 37. . 143, 44 {swear that the above statement is true to . Circulating notes outstanding.. . Amount due to federal reserve 22, Amount due to national banks. .. S . Amount due to state banks, bankers and trust companie . Certified checks outstanding. . State, county or other municipal deposits 42. a 7 Cotumbia, it istrict o ‘olam! Dlst et R COOFRUET, dr 25,150.00 322.40 $9,026,293.71 Capital stock paid in $122.108.42 ——— $122,108.42 ¢ Less current expens interest and taxes paid.. 1.144.80 Bank (defarred credits).. ‘in the United States and foreign countries (other than in- cluded in items 21 or 22).. ashier's checks outstanding..... i OO il of ltems 21, 82, 23, 24 and 25.... . $663,948.06 De its (other than bank deposits) subject to re- serve (depusits payable within 30 days . Individual deposits subject to check . Sta county or other municipal deposits of assets of this bank or surety bond . Dividends unpaid ... & . Other demand deposits Total of demand deposit: r ‘than Dank dsposiis) Teserv ), 30 26, 27, 28, 2 subject fo reserve (payabie after 3 postal savings): borrowed)...... and 381 Time deposits subject to 30 days' or more notice. and Certificates of deposit (other than for m s, or assets of this bank or surety bond Other time deposits. $660,000.00 « 400,000.00 120,368.59 339.357.03 14,113.81 5,849.17 190,679.89 7,224.50 1,647.46 274,115.43 "100,000.00 1,312615.10 Postal savings deposits 34,340.26 t tal of time _deposits 32, 33, 34 and 35.. United States deposits (other than postal ‘war loan deposit account and deposits bursing officers . eane U. 8. government Bills payable (including borrowed other than rediscounts) . Notes and bills rediscounted, including acuep or Danks and foreign bills of exchange or drafts sold with in- rsement of this bank. cceptances” exeouted b tomers, and to furnish ot avings), Including nited States dli. borrowed. llar exchange.,.... $44,124.25 Acceptances executed by other banks for account of this bank - Liabilities other than those above stated..... of Washingion. v, " Jr, e ' Subscribed and sworn to before me this 12th day of April,-1923. BENJAMIN ROBINSON, JOHN F. MAURY, J. MILLER KENYON, H L OFFUTT, Jr., 47,208.22 ) 115,000.00 330,000.00 597,586.42 44,134.25 4 . eashier of the above-named bank, do solemaly the buwm knowled H. L. O] ige and er. otary Public. Dirgctors. ING STAR, WASHINGTON, D. O, FRIDAY, APRIL 13, 1923. REPORT OF THE CONDITION MOUNT - VERNON SAVINGS BANK, At W the el owned . 5. Ollin bonds, ties, etc. 6. Furnitu 10, Carh ta ' nkers and_tru in the United States tiau included in item 10). Exchanges for clearing house. Checks on other banks in the (other ,800.58 14. Checks on ‘Banks hfia“ out- side of city or town of re- rting benk and other ca tems . Other amets— Aurlliary banks Reven: LIABILITIE! Gapltal tock”paid 1n 8. 8, Uadiviaed 46,047.20 Amount due to nations! banks | Certified checks outstanding. . . Cashier's checks outstanding. Total of items 21, a0 Demand " deposits ‘(other th bank _deposits). (Deposits Dayable within 30 dayehs . Individual deposits subfect to check . . Certificate: posit d less than S0 days (other than for money borrowed). . Dividends unpaid ... . Other demand deposits’ Total of demand deposits (other than_bank deposits), items 25, 26, 20 and 50 Time days, or subject to 30 of mere motice) and postal saving . Certificates of deposit (other than for maney borrowed) . Other time deposits Total of time depost 4 83 ills payablé (inciuding s representing money borowed ‘other thah red 11,136:05 1,130,855.97 22.830.08 /011.00 6,515.30 181.692.37 915,610.18 ILLIAM R BAUM, above-named bank, solemnly thai above statement i true to the best of my kaowledge and belief. LLIAM R. BAUM, Cashier. Subscribed and sworn to before me this 13th day ot April. 1923 (Sesl) ALEXANDER R. VARELA, Notary Public. Total . Digtrict of Colum! Correct—Attest: C. Davison, Fred' Hewitt, Wm. H. Johnston, Directors. FINANCIAL. You Believe In The Usited States You Believe In Washington! | Per 7 Cent " First Trust Notes < Safe—Sound—Secure & Best Washington Real Estate As Security 813 15th St. N.W. Main 2430. ULTRA-CONSERVATIVE INVESTMENTS WITH HIGH INTEREST RATES E offer investors an exceptional op- portunity to secure a high-interest rate with absolute security of the prin- cipal assured. OUR FIRST MORTGAGES Over a —yield 614% and are protected by every known safe guard developed by us dur- ing our 30 years of specializing in this business. Quarter of a Century Without a Loss. B. F. SAUL CO. 1412 Eye St. N\W. In amounts of $250.00 and up. Main 2100 How $10 a Month Grows When Invested in Our 6%% First Mortgages cene$ 69919 . 1,661.07 2,982.61 4,803.13 7,310.20 10,761.76 15,514.80 22,060.64 UNDBR our Investment Savings Plan all partial payments earn 6%% interest, compounded every 10 months. Take advantage of the attractive tax-free features of these First Mortgage Invest- ments and safeguard yourself with our record of no loss to any inwestor in 50 years. Call, write or phone (Main 6464) for a free copy of our new booklet: “How to Build an Independent Income.” ke F-H.SMITH COMPANY CHounded 1873 FIRST MORTGAGE INVESTMENTS 1414-1416 EYE STREET, N. W. NO LOSS TO ANY INVESTOR IN 50 YEARS OCCASIONALLY EN make money by speculation, and you hear them boast of it. Much more frequently they lose, and are ashamed to talk of it. But no man is ashamed of his investment in a 3% account in our Savings Department, for this bank’s recognized strength and conservative policies command the respect of those who know investments. COMMERCIAL Every Banking Service 3% ON SAVINGS 15th and Penna. Ave. Capital and Surplus, $5,400,000.00 7th and Mass. Ave. HOME SAVINGS BRANCHES 8th arid H Sts. N.E. 436 7th St. S.W.