Evening Star Newspaper, July 10, 1923, Page 25

NE’W YORK, July 10.—S, S: M mpany report - flu\r- Y, Teports sale for dune as 3,- i 34,945,083, increase ‘of 3313 per cent., and for six mnmtlm,on,ls as al-lnsx. m,m 32 \Continental Trust c.....,;z g One umf.‘. Dollara 4th & H Streets TRV R EQUITABLE, a-Operative Building . Association Omgen zed 1879 454 YELR COMPLETED ,Ansets .. Surplus Cu!hwe llle Habit ! of Savmx would' save with the beat: ity Joln. the Equitable aod savey aystematically. Subacription fov the 85th Issue of Stock Being Recelved Shares, $2.50:Per Month EQUITABLE BUILDING 915 F St. N.W. JOHN JOX EDSON, Presidemt FRANK F. REESIDE, Secy. GILT-EDGE SECURITIES 7%, First Mortgage Notes Secured on Improved D. C. Real Estate Appraised by Experts of 35 Years’ Experience Without a;Loss Offered in Denominations of $250 and Up A Good Investment. WILL PURCHASE First and Second Trust Notes Warehouse Receipts and Make Construction Loans National Mortgage & Investment Corporation 811 Vermont Avenue N.W. Land Bank 4Y5% Bonds Due July 1, 18563 Optional July 1, 1933 Exempt from Fed- eral, State, Municipal and local taxation. Price to yield over 4.45%, to the redeemable date (1933) and 4 thereafter to redemption or magurity. Circular on request The National City Company Washington—741 15th t. N.W. Telephone—Main 3176 I MONEY TO LOAN ON FIRST MORTGAGES AT CURRENT RATESIOFRINTEREST/ = 7207 Ganectiout Qlianaa Capital & Surplus, $2,000.000.00 Does It Pay —to spend as fast as you make? is a question sorcon- stamtly refuted on all sides that scarcely no circum- stances can excuse the lack of a bank account. ° T However slowly it must be built, you should create a bank }i | i i 1 halance. We're here towhelp— let us do it. 25 Deposits invited in an, —asame rate of interest large andismall accounts. National Savings & Trust Co. 56th Oldest Savings Depository in Washington Year Cor. 15th andwl;ew ork Ave. amoune §11 vaid on 1| | HARRIMAN & COMPANY Members New York Stock Exchande 111 Broadway, New York 3 WASHINGTON OFFICE COLORADO BUILDING Telephone, Main 1603 G. B. CHIPMAN, Resident Partner Net to FIRST MORTGAGES E mortgage is less than 509, of the ready market v-luv:frytbe pronrty.‘ .und have never mhlmdd’ a lo:; on either principal or intmo!. Take advantage of the present rate of interest and invest your funds now. ‘Write or call pur Loan Department and let us arrange for you to personally inspect the property. Denominations $100, 3250, $500 and $1,000 WILLIAM S. PHILLIPS First Morgage Investments 15th and K Sts. N.W, ; Main 4600 | At Washington, 26, Certified I Will Sell Nat. Mort. a Inv. Usnits at . Com. Loan & Finance at . m lflllfl' 'l‘l-ll (‘fl(lvl at . Tlumu L. Hume, Broker 1412 G St . 1846 Our Rental Department is a business in itself, and one that requires special attention. It:is under di- - rect charge of an officer of this Company. RENTS B.F. SAUL CO. Mortgage Loans 1412 Eye St. N.W. Phone Main 2100 EEFORT OF CONDITION BANK OF BRIGHTWOOD, in the District of Colvmbiu, at the close of business Jupe 30, 1923. RESOUECES. and dis- lacluding other banks. and forelgn bills of exchunge drafie. sold with indorshment of this bonk (ex- cept those shown in b and ¢ Total v. 8 ioans. government mecurities Caxb Sn vaolt and emount due from pational banks.. Amount due from state baukers und trust compan in the Unitad States (other than included fn jtem 10) Ton ef yems 30 and 1 Che ated side of city or town of Jorting baok and other rn.h items . Accrued intorest | Profit and loss. Total LIABILITIES, 7. Capital stock paid in. Burplus fund Certified ched ":l ou i otal icom $134 Demand deposits (other than beck deposits). (Deposits payable within 30 dars) . Certificates of deposit due in leas thap 30 davs (other than for woney borrowed). Total of demand depowite (othear thay bunk deposite); item 290, £48,624.93 87461294 23808 8¢ 134.00 postal savings: Certificates of deposit (other than for money borrowed 6.850.00 44,315.40 Total . District of C: [ “wear thot the Sbovr true to the best of my kuowl. SCHRELNER, Cashler. Subscribed and_sworn to before me this Gth dsy_of Yuly, 1923. (sear) ©. v, DAnp Correct—Attest: oy e oo (O8BORY, WM. P. KILLEEN, LLOYD B GSINES, J.°C. BEARD, J. 8. FRASE Directors. REPORT OF THE CONDITION NATIO\AL SAV- INGS AND TRUST COMPANY. ‘tfl'llll ton, in t) ' Sorid iven ncm-u—m-”m.bu l0sé of business Ji . - counts, igcluding rediscounts, capiancs of other bapks. forelgn bilis 5 824,116.65 1,00887 615,150.00 1,301,163.16 1,814,421.47 416,940.28 ; Otar hade, s, phsasi- ties, ete in v from patiensl banks. L due from state benks, trust R ) Ao fame city or tows ss mepart. . Amount gue fo state , bankers and trust companies fu the Uniied lu‘ln .:u ‘;w Corpect—Attest K l::lJAI n.vnoou:l, Money to Loan a“‘? estate. Joseph 1. Weller 428 Wash. & Trust ST N.W. 1. & Loans and discounts... ’fl Overdratts, secured, $1 institution has paid divigonde on both preferved and common stock eontinuously since srgwn- . Other bonds, stocks, securities, ete. 6. Banking house, $816,180.11; furniture and flx!\ll’e!. $8,428. Cl At Washington, 1 the. District of Columbis, at the close of business on {At Jups 30, 1923. REBOURCES. . $5,031,914.89 —— ; . $8,031,914.89 -lncir-d $2,712.39 2,726.79 . 8. government securittes Depoalted to secure circulation (U. 8. bonds, par value) .. b All other United States (ovornmonl securities Total loans 800,000.00 783,845.78 . $1,533,645.78 T45,752. Di 8. Lawful reserve with federal reserve bank . i SEPORT OF TBE CONDITION 12| MOUNT VERNON SAVINGS BANK. At '-lhhn-:nrln wm‘;fllfl:fll. 17. 18. ratin, wold with indorsement of this bauk cept those sl inband o). Total loan Overdrafts, unsecured. U s g SoTemment 3 11. Amount due from state bankers and trust compani 15,k United States tocher than included 1o item 10). 12. Exchanges for clearing bouse.. Total of ite; 20, local of city or town of re. forting bank and otker cash ems eceiving tellers. Revenne stampe. ... 32. u 36. United States deposite (other than pos ided i a Rexerved for terest gnd cerued . b Reserved preciation 4. - Amount due to national banks. ) Amouet due to wtate banks, bankers and trust companies in the United States sad eign countries (other included in items 21 or 22) 13 Gertited checks outatunding £l “(other thun Lank deposiin). (Deposite puyable within 30 days): 3. Individual depostts. sublect to o . Coru ds 0 dars (other thun for moncy Lorrowed) 2. D.vidends unpaid. . Total of gemand moo-nu (Mkr bank i So'und 20, 1171475 20 Time deposits (purabi after 0 or subject to 30 dags’ or mare notice) and ostal ‘savings 11 Certincates of deposit orber than for money barrowi 13. Other time depowits. Tou sabie ligatioos. represeating money borrowed “other thas redis- ot N ILIAN Mo WATN. ‘cammer of the ed Uank, solemus swear that the 0 betief. WILLIAM R. RAUM, Cashier. Subscribed and sworn to before me this Tth lay_of July, 1928 (Sesl) ALEXAXDER R. VARELA Novary Fuic, Correct—Attest: R. Golden Donaldson, Wi, N en, REPORT OF JuE ccwnrnov SECURITY SAVINGS AND COMMERCIAL BANK. At Weskingion. 1n the District of Colambla. &1 the close of business June 90, 1923. RESOURCEA. . & Losos and dis- counts. including rediscounts, ac- ceptances other Lanks. and foreign bilis of exchange or dratts, sold with indorsement of this bank (ex- copt those shown o b and ¢ 2. 24. €3,703.49 | 25. 27.288.13 W37 36 6.974.68 9980442 241850 | .9 134.50 § 34. r sssets— Auxilinry banks. e 420637065 | - Tota) LIARILATIES. 7. Capital stock pakd fa 3 Dndiviaed. vr probus. $40.970.47 = E'i(ucrved for fe- terest and taxes 70,882.52 621 “ . Ceniteg ciiocks outatanding: e asblers checks osteundiag, . b 21, 2. ... 5 6,202.78 epoxit i Mfllfirl mmun Degesits requiries otice; bt SEEN 3 m%un avisen: 1975 01845 tes disbursing . Bille p-y-n (wt:: all b Wed other than Tegin. ‘stated (deferred pay- abore and BAMUEL R. SAULAIR. Gastier, ubscribed and sworn to before me 12. Exchanges for cl 13. Checks on other banks in the same city or town a: reporting 5. 16. 20. 21 ass.08 | 22 23. fl. Other deman 2200000 00 3s. swear that the-above statement is true to the best of my knowledge and bellef. Items with federal recerve bank in process of collection. Cash 1n vault and amount due from national banka. Amount due from, state banks, bankers and trust companies in the United Sta (.tler than included in items 8, 9 and 10) ring house. 1,905,004.63 3173,282.53 374,519.68 104,095.39 14,385.22 40.000.00 6 bunk (other than item 12) easurer . 16. Other aasets . £ 3,3 Total ..... +..$15,840,484.61 Capital stock paid in Surplus fund . $809,000.00 540,000.00 11,203.89 ————— $439,196.57 © Leswcurrent expenses, interest dnd taxes paid 22218 Cashier's checks gutstandin Total of items 21, 2; 1] Demand deposits (other unn bank dep serve (deposits payable within 30 fll!l) . Individual deposits subject to check 9,923,212.87 10,656.42 16,381.00 . Certificates of deposit due in less thi for money berrowed). Dividends unpaid Total of demand deposits (other than bank deposits) subject to reserve, items 26, 27 and 30 : 9,950,250.29 Time deposits rve (payable after 30 da: subject to 30 d.yv or more notice, and postal savings. Certificates of deposit (other than for money borrowed). Other time deposits. . . Postal savings deposits. Total of time deposits subject to reserve, iteme, 32, 3¢ and 1,885.00 2,120.778.34 64,818.99 .$2,187.482.53 i savings). inciuding War loan deposit account and deposits of United States dis- ursing officers 9,331.08 Lfl.tefl nf credit and lfl'llh‘rl checks sold for cash and out- . 14,9190.88 64,118.01 $15,840,484.51 1, C. F, JACOBSFN, cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and bellef. C. F. JACOBSEN, Cashier. bubucnhed and sworn to be!ore me fl’lll 7th day of July, 1923. (Sea) OBERT E. BRIGGS, Notary Public. C.zrral:t—Alttl GEO. W. WHITE, HERBERT T. sHANNON RUDOLPH KAUFFMANN, FREDERICK D! FRANK P. REESIDE, WILLIAM H. SAU WALTER BROWNLEY, WILLIAM A. WIMSATT, HL(-H REILLY. WM. F. GUDE, C. F. R. OGILBY, COXSOLIDATED Rg?"ohfl'l‘ OF CONDITION the RIGGS NATIONAL BANK Washington, in the District of Columbia, at the close of business on June 30, 1923. Directors. RESOURCES. and discounts, Including rediscounts, eptances of other banks and foreign bills of exchange or drafts sold with indorsement of this bank (except those shown in b and ¢)$16,515,263.00 Total loans .. . Overdrafts, secured, $6,726.27: unsecured, $3,942.3 . U. §. government securities owned: . fted to seeure circulation (U. S. bonds, par value, $100.080) b All other ‘United States rovernment securities (including premiums if any)........ e $4,800,748.46 16,515,263.00 16,671.63 4.898,748.46 8,943,293.61 1,666.,816.46 ,562.23 1,818,189.75 764.481.15 1.462,282.38 .21; £ building mccounts, $523.909.69 . Real estate owned other than banking house . Lawful reserve with federal reserve ban . 1tems with federal reserve bank in proce: . Cash in vault and emount due from national bank: Amount ue from state banks, bankers and trust companjes In :h. United States (other than included in items 8, 9 and 10). . Exchanges for clearing house . Checks on other banks in the same city or town &s report- o ing bank (other than item 12)... "§otat of ftems 3. 15, 11, 12 and 13. . & Checks and drafts on banks (inclu eral roserve bamk) located outside of city or town or reporting bank b Miscellaneous cash items Redemption fynd with U. 8. treasurer f ‘collection . 11 25 628,406.42 467,761.32 $76.937.79 26.24 $3.864.13 and due from . $1,000,000.00 . Capital stock paid in S 2,000,000.00 Surplus fund . Undivided profits . mnrvu for interest and tax rued 63,909.09 b Reur\;d for contingencles 23.962.83 785.916.91 100,000.00 250.196.. 1,366,942.55 Cireulating notes outstanding Amount due to federal reserve bank (deferred ‘redi(l Amount due to natfonal banks Amount dwe to state banks, bankers and trust companies in the United States and forelgn countries (other than in- clyded in items 21 or 22) . Certified checks outstanding. Casbler's checks oatstanding Total of items 21, 2%, 23, 24 and 25 285,928.0: @eposits (other than bank deposiis) mhjan to re- serve (deposits payable within 30 days): Individual deposits subject to check. 27, Certificates of deposit due In less than 30 days (other than for money borrowed). e Dividends wnpaid deposits (frust department, $3,242.96) . Total of demand deposits (other than bank depo-tu) nb!m to nurve, items 26, 27, 30 3. : -$15.375,762.76 lo after 30 days, or 1,480,289.59 14:302.43 187,196.96 15,056,882.24 306,698.50 957.22 11,224.80 ?I-u awo'l subject to reserve (p subject to 30 days’ or more notice, and postal savings): Certificates of deposits (other than for money borruwed) Other time deposits ... Postal savings dapn-|u| 367.875.62 3,442.082.70 97,528.71 3 $3.908.387.03 n'l ludin, f United -‘SIIIJ items United States deposits ( war Joan deposit account and deposits ; 1,684,255.46 4,350,000.00 anding 46.053.74 . ulbllfllel ‘other than those above sta 8.022.59 Jrotel - 3 T y of Washington, ss. Sarsra s L BOBERT V. nEmNG. cashier of the above-named bank, do solemnly Subscribed and sworn to before me ‘this Sth day of July, 1923. ROBERT V. nEMlN(‘ Cl Eubscribed and sworn to before me this Bth day of s 13ze o (Seal) WM H. DORSEY, Notary Pubilé, D. C. Correct—Attest: M E AILES, FRANK J. HOGAN, FLATHER, C. 1. CO! H. ROZ"R DULANY, HARRY P CLAR ERLING RUFFIN, C. POWB% HIIBEGERODE. JDHH 8. LARCOMBE, L. FLEMING NEWBOLD, RANDALL H. HAGNER Dirsctors. MONEY TO LOAN ON DISTRICT OF COLUMBIA AND CHEVY CHASE, MD., RESIDENCES 5%% Interest H. L. RUST COMPANY 912 15TH STREET N.W. MAIN 6888 LOAN CORRESPONDENT FOR THE PRUDENTIAL INSURANCE COMPANY OF AMERICA FINANCIAL REPORT O‘F mnm 'SECOND NATIONAL BANK Washington, in the District of Columbia, at the close of business on June 30. 1923, . RESOURCES e ln.m and discounts, Including rediscounts, scceptances of banks and foreign bills of exchange or drafts sold wl'th indorsement of this bank (except those shown in nd A’3,293.3§9.61 438.19 1 . U. 8. government securities owned a Deposited to secure circulation (U. 8. bonds, par $500,000.00 United Btates government securities (Including premiums, 1f &BY)........... ... T16515.01 Total . . 1,276,515.01 Other bonds, stocks, securities, 33“.“6.00 . Banking house, $379,409.20; furniture lnd fixtures $40, 611.95. . Lawful reserve with federal reserve bi - Items with {ederal Teserve bunks in proceas of collection . . Cash in vault and amount due from national banks. . Amount due from state banks, bankers and trust companies in the United States (other than included in items 3, 9 and 10) 5 . Exchanges for clearing hi . Checks on other banks in the bank (other than item 12) 403,116.94 4,162.64 64.450.17 48,588.03 14. 1 reserve bank) located outside of city or town of reporting bank. b Mllcelhneous cash Redemption {\md with treasurer . Other assets . Total .... 43,213.94 25,000.00 19 14: LIABILITIES. $600,000.00 7. Capital Alnck rwhl in. 25 299,000.00 . Surplus fund . Undivided profits B 84 uu;' a Reserved for infercst and taxes accrued. e 33.42 . Circulating notes outstanding . Amount due to federal reserve bank (deferred credits) Amount due to national banks . Amount due to state banks, bankers and trust companies in the United States and foreign countries (other than in- cluded in items 21 or 22). . . Certified checks outstanding . Cashier's checks outstanding ‘Total of items 21, 22, 23, 24 and $827,644.07 Demand depnc(u (other than bank deposits) subject to re- serve (deposits payable within 30 days. . Individust deposits subject to check. ... . Certificates of deposit due in less than 80 days (other~thun for money borrowed) . Dividends unpaid .. 5 Total of demand deposits (other than bank de- posits) subject to reserve, items 26, 27 and .$2,255,589.65 Time deposits subject to reserve (pavable after 30 days, or subject to 30 days' or more notice, and postal savings): . Certificates of d posit (other than for money borrowed) . State, county or other municipal deposits secured b; piedge of assets of this bank or surety bond. 4. Other time deposits .. 5. Postal savings deposits Total of time deposits 32, 33, 34 and 36 . United States deposits er than postal savings), including war loun deposit account and deposits of United States dis- bursing officers . . Bills payable (includi borrowed other than rediscounts). . Liabflities other than those above st 2,209,831.65 746.10 012.00 73.404.00 500,000.00 .+ 1,483.641.16 20,594.94 101,200.00 100,000.00 6,882.96 .$6,225,906.53 MARLOW, cashier of the above-named bank. do solemnly swear that the above statement is true to the best of my knowiedge and beliet. W. W. MARLOW, Cashier. Subscribed and sworn to befors me this 9th day of July, 1923. al.) RALD E. KEENE, Notary Public, D. C. (My cmmlnlan expires November 28, 1827) . Carr.cl——Anen EYB A. J. SOMERVILLE, E. F. COLLADAY, FRANK S. HIGHT, ED L. STOCK, Directors 111 & Trust Company in the District of Columbia. at the close vf bustness on June 30, 1923. RESOURCES. - @ Loans and discounts, including rediscounts, acceptances of other banks, and foreign bills of exchange or drafts, sold with indorsement of this bank (except those shown in b and ¢)$15,375,233.93 “Total loans . Overdrafts, secured, $1,424.95; unsecured, $5,327. . T. S. government securities owned. . Other bonds, stocks, securities, etc. . Banking houses, $1 ES $225.305.50 . Real estate owned other than mnkln‘ ho . Cash in vault and amount due from national banks. . Amount due from state banks, bankers and trust companies In the United States (other than included in items 8, 9, or 10) . . Exchanges for clearing house s Total of ftems 8, 10 11 and 12.’. $3.782. Checks on banks located outside of city or town of reporting bank and other cash items.,. . Due from U. §. Treasurer . Other assets Total At Washington, 500.00 200,020.09 . Capital stock paid in . . Surplus fond . Ry . Undivided profits . .... 3873, a Reserved for interest and taxes $3.400,000.00 2,000,000.90 634.75 122,959.96 nslnn fund. _G3:g0018 Reserved for dividend. 136,000.60 ————— $1,185,794.89 © Less current expenses, interest and taxes paid 106,933 Amount due to national bankks Amount due to state banks, ba in the United States and forkign countries (olher than in- cluded in items 21 and 22).,. . Certified checks outstanding.. . . Treasurers’ checks outstanding. . Total of ftems 20, 21, 22, 23 and 24. $2 Demand deposits (other than benk deposits). (Deposits pay- able within 30 days): . Individual deposits subject to check . Certificates of deposit due in nm than 30 days (other than for money borrowed) . Dividends unpaid .. Other demand deposits (trust deposite). Total of demand deposits Aother than bank deposits) items 25, 26, 29 and Time deposits (pavable after 30 day or more notice) and postal savings: . Certificates of deposit (other than for money borrowed). . Other time deposits. Total of time deposits, items 31 and 33. . United States deposits (other than postai savings) includ- ing war loan deposit account and deposits of United States disbursing officers., Liabilities other than those above stated. 12,106,967.61 63,100.00 1,178.00 . 1,430,803.57 -$13,611,049.18 “or subject to 30 days’ 43. £ Cotumi f Washingt District of Columbia, city of Washingto 3, C. J. BELL. president of the above-named bank, solemnly swear that the Shuve statement o trae to the beat of my knowledge and beliel 3BELL, Prestdent. Subscribed and sworn to, hefore me this 9th-dey of Jury 1053, (Seal) ALBERT H. SHILLINGTON, Notary Public. Cotrect—Attest: cm BELI WBOLD NOYES, N F. WILKINS, W.'S. CORBY, ALBERT CARRY, JAMES F. SHEA MALCOLM G. GIBBS, CARY T. GRAYSON, Thlirectons. Save and Invest The purchasers of our First Trust Real Estate Notes lock them in a safe deposit vault and forget them. Nothing to watch ; nothing to worry about; no fluctuation of value. SAFE INVESTMENTS WITH A WIDE MARGIN OF SECURITY Paying 6 and 6Y2% (PAYABLE SEMI-ANNUALLY) Shannon & Luchs First Trust Notes Built on a Straight Line of Return Not a Fluctuating Velue Sold in Denominations of $100, $500, $1,000 FULL INFORMATIQN Since 1986 MORTGAGE DEPARTMENT 713 14th Street N.W.