Evening Star Newspaper, January 8, 1924, Page 23

FIN )EMAND FOR MEN’S | CLOTHES DRAGGING Merchants Disappointed in “Pride- in-Appearance” Campaign, Now Being Pushed. AUTOMOBILE IS BLAMED Millions Mortgage Revenues to Purchase New Cars. BY J. C. ROY ecial Dispateh NEW YORK. “pride in appearance’ ituted by the elothiers to sell new suits, overcoats and® other pparel to the men of the country, is fn full swing, but some of the merchants are frankly disap- pointed with the results. These men that there has been too much stress laid on the fact that the men of the country have spent their money on other things than clothing and not enough pains taken to make the buy- ng of clothing attractive. The automobile has borne the brunt these rep The fact has n stressed that there are 14,000,000 Lutomobile in the United States. whereas there are only 4,000, 40 people who file tax reports on in- mes of more than $2,000 a year. This shows, according to the . that at least 8, s an income of less than $40 a veek have mortgaged their revenues months or years to come in order 10 0Wn & Motor car. Clothing Campalgn Slow. * Merchants, however, who have watched the volume of business being done by automobile salesmen ot ‘he & 8. — The campaign in- of America ches, In service ANCIAL. THE EVENING NEW YORK CURB MARKET BY WILLIAM F. HEFFERNAN, Special Dispateh to The Star. NEW YORK, January ¥.—There were @ number of interesting move- ments on the curb exchange today, but the general list was a much confused affair. OIl stocks were again depressed by realizing sales, but the decline was confined to a point, save for a few of the high- { priced Standard issues of the type of Prairie Ofl and and Standard of Nebraska. Regarding Ohio Oil, an- other of the Standard group, there were reports that the company is considering entering the refining end of the oll business. The stock sold O with the others, however. Mutual Ol lost more th 1 the NEW YORK. January . is an official list of bonds traded In on the New York ket today : Following and stocks Curb Mar- Sales n thousands. 6 Allied Packers 6s. 1 Alum 7 9 Alum Am Cot BONDS. High, (33 2. 331 100y 1 18 | | w Li 6% w w. Sumatra To Tigs tolling Mills 6 nda Gs . Am 0il o7 5 An | Fisher B Fisher ir Rolert s, n Asphait Ss Recelved by Private Wire Direct to The Star Office | ground gained Monday and Mountain Producers was pressed for sale. Dec- laration of the regular quarterly dividend of $1 on Derby Oil and Re- fining preferred had no effect upon the stock. Monday’'s advance in Kresge Depart- ment Stores was carried farther. It was based on Increased earnings. An- other incident was the continued s.rength in Durant of Delaware, which crossed 36 on a large turn- over. Other motors falled to join In the advance. Miscellaneous stocks of the type watian Steamship, which had not shared In the recent improvement, moved up & point or so, but the buy- ing was short-lived and most of the ga.n_ was subsequently lost. Read- ing Coal bonds were removed from tradiug In the afterncon. following active dealings ecarlier in the day. The bonds will be issued January 10. | 16 New Mex Land. I 22 Pennock on X Am P Te fte Wl anud 0 & R 4% 183 s “reole Synd . rby 0 & Rw i Englueers Pet Gilliland O} vt'{r of 3 Gulf St Ol & R w1 1% Hudwon_ 01l Lago Pete. 3 Latin Amer Nalt Creek 3 Suvoy Ol 18 Seaboard Of i Wilcox 01l & INDUSTRIALS. 3 Am Hawaiian 8 8 TAm L& Tinet ... Areher Dan Midld. Bklyn Shoes Inc.. @ - ‘orn Pro K new wi Curt Aero cfs dep. D L& W Coal..... Dubilier ¢ & Radio Dunhill Lut! Tn.. Duraut ot = . S of Todd Shipyards and American Ha- | STAR, WASHINGTO FOREIGN EXCHANGES GO STILL LOWER By the Ausociated Press. NEW YORK, January $—Selling of French and English bills in Parls and London Influenced a lower tone fn those exchanges at the opening of to- day’s fofelgn-exchange market. | . Francs dropped 63 points to 4.84% lcents. a new low price for all time, and demand sterling sagged to $4.28, as compared with last night's closing quotation of $4.29%. Local traders said the volume of trading was relatively small and that there were few commercial bills in {sight. They attributed the heaviness bills abroad. —_— WOOL TRADING LIGHT. BOSTON, January § (Special) Trading In the Summer street wool | markets was light toduy, but dealers | continue ~optimistic, predicting an early substantial buying as a result of the continued strength of wool abrord. Meanwhile, continue to show resistance to prices quoted for the new clip and pending the opening of the heavy welghts are doing little buying. Recelpts ut Boston Monday were %33 Lags of domestic and seven bales of foreign wool. 79, First Mortgage Notes Secured by first deed of trust on high- o A e e UL e 1 Ao mations o §550" vo 55,000 CORY & CORY. 907 15th N.W. MONEY TO LOAN On Improved D. C. Property at Prevalling Rates of Interest. See Mr. Fleld. Hedges & Middleton, Inc. of the ratés to purchases of dollar| movement | mills DAY, EQUITABL Co-Operative Building Association Organized 1870 44th YEAR COMPLETED -84,755,170.52 . .$1,248,320.98 If You Would Succeed Make up your mind to join the Equitable and save systematically. Save Subscription for the 86th Issue of Stock Being Received Shares, $2.50 Per Mon.lh EQUITABLE BUILDING 915 F St. N.W. JOHN JOY EDSON, President FRANK P. REESIDE, Sec'y REPORT OF THE CONDITION 0t th WASHINGTON LOAN AND TRUST CO. At Washington, n il At the close of busl B 18 Lo and d cluding rediscounts. ather baoks, Is of exchuy duittu, wold with ind ment of thiw buuk. ... Overdrafts, securcd aud Weured .ol tas U B goveriment "secoritiex owne : 3 Other bonds, N T Banking Nouse, $943. furoiture and fixtuées, $2 vaults, § . Rexl estate own then hauking house £0,348,583.22 toc JANUARY E|| CITIZENS SAVING! 8, 1924 REPORT OF THE CONDITION OF THB - BANK, At Washington, In the District of Columbia, at the close of busin December 31, 1923 RESOURCES. 1. a Loans and discounts, includ ing rediscounts, scceptances of other banks, aud foreig bills of exchange or draft wold withy ipdorsement of this bank $787,769.50 . Overdrafts, 2 286.46 . 8. government securities (including preminms, if-any) 83,171.35 /97.782.56 secured ) stocks, securities, ouse, farn fure and 649.55 176,257.48 86,379.09 nges al of 11 and 5 1 Miscellnneaus . Other assets Totul .. LIABILITIES, wpitul stock paid in 18 fus fund 19, Tndivided profits ©Less curr bl tazes paid. 11,565.21 Amount_due Daikers o s in o 10 foreign countries . Certified cherks ontstand'ng "s ‘checks outstandlng of flems 23, Divand depos'ts ather thi bank deposits) subject to re sits payable o s .. 540,112.19 of ‘depguit due in n 30 days (other than 12.020.38 5.042.40 i i I g | FIRST MORTGAGE ' NOTES Cousult s 1 you have available furds for Investment. THOS. E. JARRELL For sale. Wember Was IAL. il 23 _flllllml!llllllllll nnimn II‘IM Contineata! Trust Company £ tal One M?]E:in Dollars 14th & H Streets &lllllllllllllIlllmllullllllllllllmlllfi REPORT OF CONDITION Of the FINANC OHINTTH T NATIONAL METROPOLITAN BANK At Washington, in the Distriet of Columbia, at the close of. business on 0 1. a Loans 2, 4. par b All other Unit=d $ (Oncluding premiums, if any) Total “s's . . Other bonds, stocks, securitics Bankhing hous Lawful reserve with o = Items with Federal Reserve Bank in process of collection. Cash in vault and amount due from national banks Overdrafts, secured, $382.1 U. 8. gov ® Deposited to secure circulation (U. December 31, 1923, RESOURCES. unsccured, §2,246.33 wned: S. bonds, and discounts, 4.235.48 2,628.43 seee 88,11 ernment securities o value) .. $500,000.00 999,325.12 nment securities ates Gover 1,799.325.12 684,927.62 828,263.28 1,139,143.05 793,971.28 1,762,954, fture and fixtures $10,082.17. serve Bank..... $518,180.11; fu Federal F Amount due from state banks, bankers and trust companies in the Un Exchanges for clearing nouse Checks on other banks In the same city or town as bank Total of items 9, 10, 11, 12 and 13. . b Miscellaneous cash Redemption fund with U. treasurer . Other assets, if any. Total Capital Surplu . Undiv a Reserved for intere: ited States (other thau included in jtems 8, 9 and 10) reporting 463,006.58 447.613.25 140,806.49 18,658.75 40,000.00 300.00 $16,230,823.58 (other than item 12) = SEEE 3,803,350.87 items 3 8. treasurer and due from U. 8. paid $200,000.00 and o 540,000.00 prof B . st and taxes ac crued 20. Circulati Amount Amount Amount the U cluded in items 21 or 22)... Certified checks outstanding. Cashier’s checks outstanding. . Total of items 21, 22, 23, 24 a ng notes outstanding due to Federal Resery due to national banks. due to state banks, banke; nited States and fore 74, 3 cssessee 463,880.88 and crast companies in gn countries (other than in- 377,004.29 18,986.99 46,511.97 nd 25,00, 00" $981,605, Demand deposits (other than bank deposits) subject to re- rve (deposits payable within 30 days): Individual deposits subject to check....... _ Certlificates of deposit due in less than 30 days (other t deposiis cerve (pasable dags. or subject or” miore notic avings) York auto show this week, an- nounce freely that they veiiesve these statements 1 ertised | motor car. w arousing a Durant Mot of Tnd, Bl Bond & 8h ptd te 8OR Cash In vault and amount due national banks due' i tate banks. wt comy 1037 05, REALTORS. 1334 H St.N.W. Franklin 9503 ... 10,306,178.81 1 and postal v to buy clothing in the hearts the male buying public. One of the quthorities of th trade asserted today th Lought tor cars wted own them respond because thing had 4 puinless operation. , rather the lack of it responsible He cites the oth- men they t they to clothing the buying never been Servi largely m to is experience of one of wequaintances, who was attracted lirge New York store through extensive and costly advertising o by a fism, only to be antag- ized Ly ineflicient and discourteous riice fr sulesman und failure the ANy Lo keep promises re- Zarding 2 (tions and delivery. This man elaims that in the last year he more than $3,000 werth from this stare, muking who “d on him one of exp in the trade Buyers. most isive toward the female American family, to the buying of clothing, even for others. has alw been a rather than a burden, feel ikat if they can arouse a desire in the feminine heart for an improved spearance of the men folk of the “family, that fact will be immediately reflected in sal of the moans of the mer- however, activity in the manufacturing industry is above normal at the present—time. The same applies to both silk and cotton factories. This would seem to ind that people are continuing to buy clothing with fair regularity, despite the fact that cotton goods now are about 125 cent above the pre-war level, raw silk is high bove the pre-war figures and the rtment Labor index shows hing prices 101 per cent above the averae. Nevertheless, tex nanufacturers « a perplexing sit- uation in regard to both raw wool and cotton. Textile evidence that the 1823 crop will not last at present rate of consnmption unt the 1924 production comes on the market. Raw wool producers are determined to maintain or increase prices. is indicate wool selling organ which coust f states wh ver te Materinls High. high and there is supply from the Raw is s will be or- the entire mountain crowers get ention Wool Growers' Associa- Lake City January 22. steps for such organiza- 1t the recent meet- srnia wool men, nizations, it is plan- wded by members of tation, but will be r national or- Nation: tion in S, Prreliminar tions we owers feel that pros- re brighter for rais- 1nd goats than any time The heavy raintall this aided ss und feed have attained a more advanced grown than for several sea- ~ons. Lamb.and kid crops next spring “hould he very heavy, owing to excel lent condition sons last year. Mohair produecti, is_expected to be especially good, but 21 livestock in that section is in ex- callent condition, HAYNES AUTO FIRM SAVED BY CITIZENS 1g sure | co-operative | £l the ranges and | during the breeding | wenum Ol irgina Rwe Webs Mills 6 i FOREI i 1 1061 921 it ve v ieo 4n U S Mex 4s € 0D, ANDARD OIL ISSUES 10 Sales n_unita. 1000 Anglo Am Oil ... Atlantic Lobos 16 44 114 ax1y 141 )‘H‘-i Hum Oil & Re new WP .. Imp Ol of Ind P L ... Iuter'l Pet ¢ Magnolia Pt Nat Transit N Y Transit Northern P L .00 Obio Oil new Prairie 0l Prairie P 1 Solar It e South Tewn il O Ind Kansux new. ile Hoston-W, rit-Am Carib & it Serv. v 3000 S1000 o €1t Sery it erv Marland ... Margay Oil Mex Panuco Mount Prod . Mount Gulf itul Ol yot New Bradf Ofl serip | Washington Stgck Exchange. SALES. Washigton Gas 64 '53—-$1.000 at $LO00 at 100%, SLOVO at 100 Co.—10 ut 94Tk, 100°%, at 847y at AFTER CALL. Washington Rwy. & Elec. 45—$300 at 70%. 2,000 at 70%. Money—Call loane. 5 and 6 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. Bid. Asked. i American Tel. & Telga. 4s... Amerlcan Tel | Am. Tel. & Tel. [An. T & Tel o Telephone 9%....... | & P Telephone of V. 55 pital Traction L. ity & Suburban Gs. eorgetown Gas 1st b Elwood Haynes, Pioneer i Indus-; try, Retained as Concern's President. Ry the Associated Press. KOKOMO, Tnd., January 8.—Follow- | ing the successful refinancing of the ¥nes Automobile Company, largely by ption for bonds by citizens of Kokomo, it was officially announc- yesterday that Elwood Haynes, pioneer automobile manufacturer, would remain as president of the company, & position he has held since the organization's inception. Alton Seiberling also will retain his place ¢+ &s vice president of the concern, but Hayden Eames will take over the general managership from Seiberling. —_—— 5 Have You Been Stung Yett Some men have to get stung good and hard before they learn to be cau- tious in making investments. Be- fore you invest—Iinvestigate! EX-DIVIDEND TABLE. Junvary 10— Abitin Power & Paper, q.. Allfugee Ltenlty Co., q 3 Am. Type Found., G.......o.ot ~Am. Type Found. pf.. q. Firéstoge T. & K. Co. Pitts,, Cinn.. €. & Bt. Pitts.’ Coal Co., p..... Titts, (Conl Co’, Df., 4010 January 11 Am, Smelt. & Ref., Q... Am. Coal (Allegheny Co.), a. Assoc’ Dry Goods, q.. Diominion Coal Co. pf..'q Macy, B. H., & Co. pf Fitte. & Lake Trie, Seerling Products, q January 15— subs g8s: Ol T ol A8 BRI Ao £, Carollia Pr. & L5, g Cul. Poeumatic Tool, q...- Congolenm Co., init. . Cons. Coal. q...... Crueible Steel Co., q... Louisville & Nash. R.'R Moon Motor Car, q.. tl. Dept. Ktore 1y, Fioo%ar a: Tub. Serv. (N. IIL), no par, ¢~ FPub. Sei (N. 1), pf., Q... Phila. Rapld Tran Yeynolds Bpring, Vnited Drug 1st pf., q. @Vest, Pean. Pow. Bf. n. Bait hington G hington G vash. Rwy. & B MISCELLANEOUS. . C. Paper Mt | Riggs Realty ! Riggs Realty | Wash. Mkt STOCKS. 'UBLIC UTILITY American_Tel. & Telga. Capital Traction. Vishington _Gas Nortorc & wash ‘ash, Rwy. & Elec. com.. w Rwy. & ! Terminal Taxi com. NATIONAL BANK, Capital Cofumbla f Commercial armers & Mechanics | Federal-American Liberty - Lincoln | National National Bank of TRUST COMPANY. Amerlcan Security and Trust ental Trusi. ontinental ci Walltihgton Mechanica. FIRB INSURANCE. American Sieomeds . Nevlonal” Unio National TITLE INSURANCE, lumbia Title:. ggfl Estate Title. MISCELLANEOUS. . C. P4 fd. aerEh-m- K!'rDllz.‘fer & Btoray Mergentialer Linotzpe. Dta Dutch Market com. 0Old Dutch Market pfd. l-:nl:.m lsllvfll)llvl‘ curity Storage. Washington Mark Yellow Cab. i E 5 2% 3 10 at 947, 10 at 843, 10 | 0 ut 9315, 10 &t 9412, 10 at Biiy 18 | st Corp wi Tire t Sug Heyden Chen Ihid & M Hudson Co e R / Intl (une Ind Kresge Dept 8 Leader Produc Leblgh Power w Mesabi Tron Midvale Co .. Nt Dairy’ Prod N'Y el Co ptd. N Y Trans ... Park & Thford. . rless Motor Phil lac T new Radio Corp Ral Read| i ing Coal lizs Cor st prd. 10 ! Corp st pf c d 10 Yellow Taf Rts.... 7% MINING, Am Commander Min .08 Arizons_Globe Cop. Binck Oak Gold Mi | Boston Mot Ratte 0 Hardshell 31 awtiorne. 1108HiH Top N 3 Hollinger 1 Hecla Mine 3 How Sound A 10 Indian Mine Corp. Jerome V' Develop. e Sar .. op. Nutional Tin .00 ] New Dominlon Cop Niplasi; 1 Premier 10 Red Hili Florence. . Sil Kg Dev Mines. So Am Gold & P. Spenrie 4 Teck Hugle \FARMERS REPORTED IN BETTER SHAPE U. S. Chamber of Commerce Finds Co-Operative Markets Prov- ing Great Help. The ecconomic condition of the farmer has improved considerably. | according to the committee on sta- | tistics of the Chamber of Commerce of the United States, and his outlook for 1924 is even more hopeful. The committee, in a semi-annual review of business conditions made public today, attributes the agricul- tural improvement chiefly to the diminished spread between prices for farm products and for manufactured articles. This has been brought about to a large extent, it says, through co-operative marketing and better opportunities for financing, with the “general liquidation” of ob- ligations “wherever returns from the crops permit” and expected reductions in acreage this spring, with a conse- quent adjustment of supply and de- mand, Building and construction is de- scribed in the report as showing un- usual activity for the season, and, since it is in progress “afnost entire- tly in the cities,” the committes finds it “one of the many evidences of the momentous and significant rate at which the country is losing popula- tion to the cities.” Although the output of automobiles “continues at an_ enormous rate” a Islowing down in this and in the butld- (ing industry is predicted as the year advances, “due generally to a poten- tial capacity of output which over- tops any immediate likelihood of de- {mand, especially at this season of the year” and the “general conserva- Illsm in buying which pervades all | classes.” ‘Upon the whole,” the report states, he situation seeme healthy and sound, with conservatism strongly in evidence in all sections.” 4 RAIL MERGERS SCORED. General consolidation™ of railroads, as tentatively suggested by the In- terstate Commerce Commission, was characterized as a bad and unwork- able public policy by representatives of the Delaware and Hudson railroad rguing today before the commission. ‘All that the company could do, H. T. Newcomb, its counsel, said, was to suggest modifications in’ present con- 1 solidation plans which would “render it not unobjectionable. but somewhat 'lens objectionable.” chants’ Association of New York, the Pennsylvania Chamber of Commerce, Philadelphia trade bodies and the An- | thractte Coal Operators’ Associatlon. The cotton, rice and sugar exchanges were closed here today; anniversary Battle of New Orleans. th 'uments before the commiseton were those of the Mer. NEW ORLEANS HOLIDAY. NEW ORLEANS, L4, January 8.— ol Niw cluded Money to Loan ‘ Securnd by first deed of trn Prevaiting intsrest Joseph 1. Weller 420 wash Bidg.. 10, 17, $1.570,508, s on hanks located o side of cliy o town of porting bank und othes FIRST MORTGAGE INVESTMENTS 6%2% Denominations, $1.000 and upward. Secured on Improved Properties Only JAMES F. SHEA 643 Louisiana Ave. N.W. BILITIES fund ded profits T 2280, 300, $750 Awmonnt doe 1o state bankers and frust o 1 the Bnited Ntates fuve conutru than included in ien Cortificates of deposit’ du than 50 days (ot money borrowed aulty or other mun deposits secured pledge of assets of Luna or surety . Disidends unpaid after to tificutes of deposit (ot than for mouey borrow Other time deporits Total of thme deposits s Jeet and United ‘Sta than post —is the yield on Republic of Fin- land 6% External Loan Sinking Fund Gold Bonds, due 1945. Direct obligation of the Republic payable in Uaited States Gold. Price, 90 and interest Complete circular on request The National City Company Washington— 741 15th St. N, Telephone Main 31 deposits tes ‘and tra ers’ sold for and ouistandiug ! Totsl . Distriet of Columbl 1. HARRY 3 ahove-naméd bank, solemnly ahove statement is frue to Miowledge and belief. HARLY Subseribed and ~ dny of January, 18 Tseal i iy of MEEM. 4 il Woudwari olb. Lotfs, | Walter s, Penfield. REPORT OF CONDITION Of the Farmers & Mechanics’ I At Washington, in December 31, 19 RESOURCES. 5 luding rediscounts, acceptances of exchange or drafts so 2k (except those shown . a Loans and discounts, inc| 1 Lo e banke, and forelgn bil with indorsement of this b; b and ©). xrvase Overdrafts, unsecured, §$934.53.. U. S. government securities owned a Deposited to secure circulation par value) e b All other United States gov (ncluding premiums, if any)......... (T. 8. bond® rities Tovt, stocks, securitics, sic , stocks, s, ete B e e house, $355,265.33; furniture and fix . Real estate owned other than bar ng ho Tawful reserve with federal reserve bank L Ttems with federal reserve bank in pracess of collection Cash in vault and amount due from national banks. ..... Amount due from state banks, bankers and trust compan in the United States Exchanges for clearing house............. Checks on other banks in the same city bank (other than item 12). Total of items 9, 10, 11, 12 and 13.. a Checks and drafts on banks (including federal Teserve bank) located outside of city or town of reporting bank.... b Miscellaneous cash items turés, $20.001.3 5. 10, 12. 13. 14. i i Redemption fund with U treasurer Other assets . 15. | 1s. urer and due from U. TOtal vuveerirnnanaannn LIABILITIES. Capital stock pald in. % Surplus fund .... Undivided profits .... a Reserved for interest and taxes ac- crued b Reserved for depreciation $76,516.64 22.468.22 22,6Q0.00 osses. . Clrculating notes OUtStanding............... Kmount due to federal reserve bani (deferred credits) ‘Amount due to national banks. Certified checks outstanding. . Cashier’s checks outstanding Total gf items 21, 2 Demand deposits (other than bank serve (deposits payable within thirty days) Individual deposits subject to check. Dividends unpaid Other demand deposits. Total of demand deposits posits) subject to reserve, and 31 s ol Time deposits subjec yable after thi or subject to 30 days' 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, items. 32, 34 and 35. S 4 Bills payable (including all obiigations repre: borrowed other than rediscounts)...... Total District of Coluumblia, city of Washington, ss.: , H. L. SELBY, cashier of the above-named bank, do sol that the above statement is true to the best of my knowledge H. L. SELBY, (other than bank d items 26, (other than inciuded in Items 8, 9 and 10) or town as reporting in i the han 36 Certificates of deposit (other than for money borrowed) er time deposits 2 otal of time denosits 1o reserse, itewms 34 .. e . Liabilities other " tiun above stated ... those 0 W FERNAND PETIT, cushler of the above 300,00 | natied bank, do sicmnly sweas that the ABvE ik Luther in her a et by this boud... . 0 dass and postal ber ed) b Aeposit of disbursing .. .$13.334,463.27 Washington. ss.: | reasurer of the wwear that the the best of wy — N National Bank the District of Columbia, at the close of business on of 1d n -.$1,608,5 101,233.02 2,865 59,485.70 18,485.39 10,472.0; 252,000.00 298,000.00 121,484.86 121,484.86 243,300.00 628210, 8151 1,290.53 5,931.18 278,901.91 rty day: s, y: 2,000.00 1,577,605.45 16,727.46 $1,596,332.91 ting money 214,000.00 $4,010,605.00 lemnly swear and belief. Cashier. Subscribed and sworn to before me this 5th day of January, 1924. (Seal.) Correct—Attest: H. W. FISHER, J. WILBUR SHERWOOD, J. McKENNY BERRY, CHAS. H. CRAGIN, G. L. NICOLSON, FREDERIC W. SEIBOLD, Notar: J. E. DYER, + R J. WISE, H. V. HAYNES, THOS. J. STANTON, Dis 'y Public. ROBERT D. WEAVER, rectors.. best of my knowledee | 1 ement i Lrue to the best of my knowledge belief. FERNAND PETIT, Cashier. sbscribed and sworn to before me this wry, 192 HARRY J. DONOGHUE, Notary Public. Correct—Attest: TOMER L. KITT. JAMER A" BAILEY. HORACE G. SMITHT, Directors. REPORT OF CONDITION of THE EAST WASHINGTON SAVINGS BANK ous GF bisiovae on December 31 133 All other United States government wecuritles (inelud- ing premiums, i o b 5 Total ... Other bonds, tes, e1C. . uiiroes. i ing house. $21.194 76 iture and fixtures, $3 Cash in vault and a from uatlona nnges for aral T1,417.94 172,342.50 25,000.00 ©1.924.48 3,500,585 stocks, mecuri- LISBILITIES. apital stock paid i urplus fund. > Less carrent expe st and taxes paid..... Time deposits subject 1o’ e serse (pazable after 0 days, or wibject to 30 days and postal £100.000.00 0.000.00 £0,001.01 kavings) : . Other time deposits. Total of time de- posits ubject to reserve, itew 34..$502,005.94 ETHY, sed secretary-tre ok, Ao Solema Delief, CHARLES A. McCARTHY, Subscribed and sworn 1 LARENCE F. DONOHO Notary Public. D.C. Correct—Attest: SAM REPORT OF THE CONDITION Of the Prudential Bank At Washington, 1o the District of Columbla, at the close of business on December 31, 1923. RESOUBCES. aLoans and discounts. fig rediscounts, acceptances wf other banks, and foreizu bills of exchange or drafts. <oid with indorsement of this baok Overdrat(s, unsecured Eosenment serities owned (including premium L iLan) ol 5. Other bonds, s ing houre, ‘$36.008.97; fur: PAoTs and fxtures, $6,676.67 Cash 1 vanlt aud amount due from national banks . Amount due from sta bankers and trust compani in the United States (other than included 1o item 10).. Exchanges for clearing house items 10, 11 tion U. er and due from U. inels tocks, securities, a Redempi Cupital stock ps checks outstanding. s ‘outstandiog. and 3426.78 th of items ind depowits (other bank deposits) subject to gerte (deporite payable with- in 30 days): Individusl~ deposits subject chieck ... ‘Total of Gémaud depontts (othe than bank deposits) subject to reserve, item 26 ...$65,282.41 Time deposits subject fo “re- serve (payable after 30 day: or subject to 30 days or mof notice, and postal saviage): Cert ficates of _deposit _(other than for money wed) . Other time deposits . = Total of time deposits, mubject 32 ‘and to reserve, items 30. Bilis “payable {including all obligatious representiug money borrowed other than redis- counts) to Total ... .. .$186.244.88 District of Colmbia. City of Washington, se. 1, (. W. BANTON, pamed bank, do solemnly swear that the above “iatement {5 true to the best of my knowledge 214 bellet. ©.'W. BANTON, Cashier. ‘Subseribed_and_swors {o before me thls 5th day of January, 1924. (Seal) EDWARD A. BAKER, Notary Public Correct—Attest: JAMES A. COBB, F. MORRI8 MURRAY, ADDISON N. SCURLOCK, Directors. for Total depo and Time deposits sub, subect to 30 days’ Certificates of d . Other ti . Postal Total item United § money dends sits) savings borrowed) unpaid of demand deposi subject to 7.806.42 8,350.00 ts ‘(other than bank reserve, items 26, 30 . $10,322,4 r 30 da: or more notice, and postal savings): osit (other than for money borrowed)... deposits S deposits of time deposits s 32, 24 and 35...... tates deposits (other than ct to reserve (pay subject ,236,135.30 including $2, postal savings), war loan deprsit account and deposits of United States dis. bursing Galisan Liabilitles other than those above 44, District of Columbia, City of Washingt officers ... stated. se. I, C. F. JACOBSEN, cashlier of the above-named bank. do solemnly swe: that the above statement iS true to the best of my knowledge and belief. ubscribed and WILL J.H 1AM C. F. JACOBSEN. Cashier. 7th day of January, 1924. BRIGGS, Notary Public sworn to befors me this ROBERT . A LEONARD. { F. GUDE. HERIDAN. RS HUGH REILLY. Directors. ON FIRST MORTGAGES AT CURRENT RATES OF INTEREST . $2,000.000.00 Capital & Surpl h THE more you keep in bank, the less you need worry about the future. Emergen- cies on the one hand and opportunity on the other, never find the thrifty unpre- pared. § This strong old bank is the one to protect your money and give you service. 25" Deposits in any amount {nvited —uniform rate of interest paid on small and large cccounts. ational Savings & Trust Co. 56th cashier of the above. * Oldest Savings Depository in Washington Cor. 15th and New York Ave. You Have Saved Invested in Our First Mortgage Notes Will Yield 62% Save systematically, as quickly as you accumplate $100 invest in our First Mortgage Notes. Your invest- ment is secured by District of Colum- bia improved real estate. Interest promptly paid. Consult Our Mortgage Department Shannon & Luchs " 713 14th Street N.W. Main 2345