Evening Star Newspaper, January 9, 1925, Page 29

Refor THE FINANCIAL 4 than the ! ates| preferred dividends to a share on the com- You Tnvest Investigate. WE FINANCE tment Mouses Property Properiy Hotels, e & Pncha-dson, Inc. TYPE CONS ERYV IN DENS INVESTC MINATIONS TO SUTE PURCHASERS FFOM ‘50 "0 Ql(‘fl ng Our of Invent LE COMPANY N.W Washington | First Moris tiens en Chgs ington VMorey for cople Rates terest M.W. Preperty TO F:L‘: AND AR SAVIN “vanR , 15th, 16th, Y of each month; turdays, 14.000.00 “BRIGHT, Directors. Money to Loan Money || cecures vy aov 8 s by rn“::‘m.'t‘:‘utnndn Available || 5 ,eph 1. Weller 43 weak %. & st on Bidg., 9th & F N.W. REPORT OF THE CONDITION Approved Soeurity || WOODRIDGE-LANG- First Mortgage Loans DON SAVINGS & COMMERCIAL McKEEVER & GOSS BANK, N.W. FINANCING" Business Unlimited Funds Available | LoD, T NESBIT Apartment Houses Our First Mortgage Notes Are the type of investments that appeul to conseryative investors. Banks Recommend Them Insurance Companies Prefer Them Courts Advise Them (thie ihree most conservative institu tions one can go to for sdvice.) Buy them and worry will aismissed from your mind We have oh hand a limited unount In denominations of $100 ind up. 7% Interest wnly Loan Dept., . L. O'Donnell, Mgr. Chas. D. Sager | REALTOR N.w. At Washington, in the District of Columbl the clase of business on December 31, RESOURCES, Loans and discounts erdrafis, secure: uasecured, $305.00. Other Louds, stocks, 1415 K St. $208,770.08 550,99 01,074.25 41,108.35 84,201.76 Bauking house, 328,815 63; fur- nitare fixtures, $12.764.72 . Cash in vault and amount due from national banks Amount dus from State bank hankers and trust companies in the United States (other than included tn item 10) Total of items 10 and 11......$41.88 b Miscellaueous cash ftewms. MILLICNS \ INVESTED | WITHOUT LOSS— Would You Consider This a Good Record Well, That's What Has Occurred In Our First Mortgage Investment Department Since It Was Organized. This Honorable P e Record Shows e ",L::",{ aashoes The High Degree e Srer Of Safety That an Investor May Enjoy When He Owns Cur First Mortgage Notes. 7,680, Hear Total > LIABILITIES. Capital stock”paid n..... Surplns £ livided nrofis Amount due to aational banks Amount due bankers aud trust companies in the Uditsd States and for countries “iother tha Sluded 1n ite 34 I4th St. Main 37 s checks outst al of iter nding. . and 00T o4 Demand dinosits (other rhan bAnk depos'ts) subject to re erve (deposits payable within 0 days): il REFOLS 0f CONDITION of the PARK SAVINGS BANK Aeposits Dist subject to £ af Cotumh L Memns $101.40 Washin o pres: ton, ent” and 4 bank. do solemoly atement fs true to the and e Vorigage Investment Dept. } [SHANNO! ON_& LUCH 713 & 715 14th St. N.W. Main 2345 Sonms Vies Presueat and Cashice. sworn to before me this ALIARANE ry Publie. T FREDERICK M. AAAN FRANK M. HATLEY T 8. MALLON, Directors APPLICATIONS INVITED for LOANS on MPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs in Montgomery County, Md. 5i 2 /0 INTEREST . and pusial s HApply to H. L. RUST COMPANY LOAN CORRESPONDENT The PRUDENTIAL INSURANCE COMPANY of AMERICA Main 6888 € deposit tother «named back. do soleminly swen Knowledge and beliaf BERT & STUN ora 16 before ) 912 15th Street N.W. - - OMERVILLE. KLOPFER WALKER tiag the of my CARIT Attext THOS WALTER H GEO. E. Put some of these bonds on your January list In our booklet of January offerings of Miller First Mortgage Bonds you will find descriptions of nine issues, from which you can select bonds paying 635 % or 7 %. You will find briefly de- scribed a thorough method of “checkmg up " these bonds “as you would other investments, under the Four Dis- tinguishing Marks-of Miller Bonds. You will find issues - distributed in the following cities: New York City Grand Rapids, Mich. Larchmont Haverford (New York Suburh) (Philadelphia Suburb) Little Rock, Ark. Houston, Tex. Albany, Ga. Knoxville, Tenn. Miami, Fla. = From the wide distribution of these issues—from the fact that: the loans average only 049z of the indepen- dently . appraised of the properties—from” our record of no to investors the carefully worked out plan which enables the investor himself to xamitie the essential facts of each issue — you will be values losses —ifrom able to draw some conclusions as to the scope and charac- of the issuing Examine this booklet thor- oughly before you place your January funds. Clip off the portion below, sign and mail for Booklet 1.-7207. ter House. ign below and mail the coupon G. L MILLER & CO. INCORPORATED Local Address—308 Phillips Bldg., Washington, D. C. New York Phiadelphia Baltimore Pitisburgh St Lowis Buffalo Aglanta, Memphis Kuoxrille SEND BOQOKLET 7207 OF MILLER . WHICH - NO - JANUARY OFFERINGS OF F IRST ORTGAGE BONDS IN - INVESTOR - EVER - LOST - A - DOLLAR | knowledge and bellef. In Placing a First Trust —on District of Columbia real estate, you will find it most advantageous to secure the loan from— BOSS & PHELPS LOAN DEPARTMENT 1417 K Street Main 9300 Charter No. 4247 Reserve District No. 5. IPORT OF CONDITION Of the LINCOLN NATIONAL BANK Washington, in the District of Columbia, at the close ‘of business on| December 31, 19 At Loans and discounts, including rediscounts, uc- ceptances of othen banks, and foreign bills of exchange or drafts, sold with indorsement of this bank Total loans Overdrafis, unsecured, $351.66 [ svernment securities owned a Deposited to secure clreulation (U, value) L All other tincluding S. bonds, par : A % .$120,000.00 United States Governmient securities premiums, 10 any) 561,752.00 519,002.36 384,290.96 125,000,00 351,855.43 345,392.49 Total Other bonds, stoc ies, ete Banking houses, § : furnitura und fxtures, un 551.43 KReal estate owned other than banking house. Lawful reserve with Federal Heserve Bank sh in vault «nd aniount due {rom national banks. Amount due from Stute banks, bankersand trust companies in the United Stutes (other than included In items 8, 9 and 10) i el Fxchan for cleacing house Checks on other banks in the same city or town as reporting bank (other than item Total of items 9, 10, Redemption fund with 1 Treasurer Other asscts, 255,366.66 12) A 11 . .3810,8 due from LU i any Fotal LIABILITIES Capitul stock paid . Surplus fund.. a Undivided pre ) accrued extra dividend. outstanding dorul Reserve Bank ) national ba e banks, bankers and trust compunies in and foreign countries (other tham in- y : B8 IS 150,420.61 05.67 79.54 12,000.00 2 : . 112,000.00 (deferred credits) Amount due Amount due to State the United States 1 in ed che fer's checks outstanding Total of items 24, Demand deposits (other than bank deposits) subject to re- serve (deposits payable within 30 days) Individual ubjeet to check. Certificutes of deposit due in less than 30 days for money borrowed) Dividends unpald, $15,000, payable January 1, 1925, Total of demand deposits (other than bank deposits) subject to reserve, ftems and 31 Time ts subjeet subject to 30 days Certificates of deposit . Other depos 1 of tim ftems 33 and Liabilities other than those above stated Total y 2 ...$7,001,274.10 | of Washington, District of Columbia, ss: ALBERT S. GATLEY, Vice President and Cashier of the above-named | ) 'salemnly swear that the above statement is true, to the best of my | ALBERT 8.t . Vice President and Cashier Subseribed and sworn to befor y of January, 1925 Seitl.) HELEN D. REED, Notary Public. rrect—Attest PUMPHR DAVIS, LIVA or 2 nding (other than (payable after 3 and postal savings) borrowed) to reserve or more notice, (other than for money time > deposits reserve subject to City ban REDMAN, G TERDINGER, ALBER 5. DANA LINC JOHN W. BRAW) W A.D. LUFFLER. Directors. Reserve District “harter No She CONDITION ORT COLUMBIA NATIONAL BANK at the close of business on m in the District of Columbl December.31, 1 At Washington, RESOURCE 1. 2 Loans and discounts, including red acceptances of “ther banks, and forelgn bills of exchange or drafts sold with Indorsement of this bauk .$2,736,523.42 Total loans . $ 5 Overdrafts, secured, $395.88; unsecured, S Government securities cwned: (U. S. bonds, par .. ..$250,000.00 States Government securities if any) All other United (including premiums, Total Other bonds, Banking he securities, ete... . furciture and fixtures, Lawful reserve with Federal R k. Caen in vault and smount due from national bank Amount due from State banks, bankers and trust companies n the United States (other than included in items 8 and 10) Exchanges for clearing house. ... " Checks on other banks In the same city or tow: bank (other than item 12)..... Total of items 10, 11, 13 and 13. b Miscellaneous cash items . Redemption fund with U. S Treasurer... : AR S10415. 208,032.14 | - $4,391,409.81 LIABILITIES. AP $250,000.00 urplus fund 300,000.00 Undivided prof ¢ Less current exp . Reserved for taxes, interest, ete., accrued. | Circulating notes outstanding..... Amount due to Federal Reserve Bank (deferred credits). Amount dte to national banKs.. ... " Amjount due to State banks, bankers, and trust companies. in the United States and forelgn countries (other than in- cluded In items 22 or 23). A s 3 5 fied checks outstanding | Cashier's checks outstanding. Total of items 22, 23, 24, 35 and 3 ©..$303.640.37 Demand deposits (other than bank deposits) subject to re- serve (deposits payable within 30 days) Individual deposits subject to check. 28. Certificates of deposit due in less than for money borrowed). Dividends unpafd .. Total of demand deposits (other thin bank deposits) subject to reserve, items 27, 28 and 31 . ! . $2,657,094.32 Time deposits subject fo reserve (payable after 30 days, or subject to 30 days or more notice, and postal savings): . Certificates of deposit (other than for money borrowed). . Other time deposits...... B AT . Postal savings deposits.. Total of time deposits subject to items 33, 35 and 36 o Neavigaiiesia . 5,581,958.82 days (other than SRt ¥ 18,550.00 7,692.00 12,507.50 589,831.32 e i 36,274.43 reserve, s $4,391,409.81 City of Washington, District of Columbia, ss: 1, FRANK J, STRYKER, president of the above-named bank, do solemnly swear that the above statement is true to the best 6f my knowledge and belief. FRANK J. STRYKER, President. Subscribed and sworn to before me this Tth day of January, 1925, (Seal.) HERBERT A. POOLE, Notary Public, D, C Correct—Attest: HARRY BLAKE, W. CLARE! JOHN JOY EDSON, 1. WHITING TF C. FENTON GEORGE M. LEIMBACH, JAMES A. MESSER, JOSEPH H. MILANS, JOHN M. MILLER, THEODORE W. NOYES, FRANK J. STRKYER, JOHN N. SWARTZELL, ALBERT F. FOX, BENJAMIN W. GUY, DAVID J. KAUFMAN, FINANCIAL WHAT YOU SAVE —is more important than what yvou make, and how you invest it is more important still. You get as much of income and convenience out of your surplus when you invest in our FIRST MORTGAGES Quarter —as safety of prifcipal will permit. Washington real estate se- cures them. They are issued in amounts to suit your per- sonal preferences, and they produce 6159 interest, paid semi-annually. B. F. SAUL CO. Main 2100 925 15th St. N.W. of a Century Without a Loss. REPORT OF CONDITION of the American Security & Trust Company At Washington, in the District of Columbia, at the clese of business Decemberi31, 1824. RESOURCES. 1. a Loans and discounts. including rediscounts. acceptances of other banks, and foreign bills of exchange or drafts, sold with {ndorsement of this bank. -§16,0785.665.1 Overdrafts, secured, §2.344.21; unsecured, $1,636.42 35,9990 U. S. Government. securities own All other United States Govern premiums, if any) . Other bonds, stocks, securities, stc. . . . Banking house, $1,431,206.25; furniture $235,955.97 . Real estate owned other than banking house 0. 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 ir item 10). Exchanges for clearing house. Checka on other banks in the same city or town as reporting bank (ther than ftem 12 : Total of items 10, 11, 12 and 13.. .. . a Checks and drafts on banke (including Fed- eral Reserve Bank) located outside of city or town of reporting bank...... SeeE b Miscellaneous cash items.. ent securities (including B . e ik . 649,162 and fixtures, : 5 . 1,667.162 82,0 .$5,051,937.23 241,428.09 . Redemption fund with U. Treasurer 7 Other assets Total 7. Capital stock paid s. Surplus fund .... a Undivided profits b Reserve for losses. .. in 400, B terrenene. £,400,000.00 $771,600.83 1.694.28 Reserved for taxes, interest, otc., accrued. Amount due to national banks . Amount due to State banks, bankers and trust companiss in the United States and foreign countries (olher than included in item 23).... S Certified checks outstanding. Cashier's checks outstanding.. . Total items 23, 24, 25 and 26 ...$499,083.73 - Demand deposits (other than bank devo:)ls) subject to re- serve (deposits payable within 30 davs) 27. Individual deposits subject to check. | Certificates of deposit due In less than 30 days (other than for money borrowed) 5 Dividends unpaid Other demand dewnl(s—uul! dapotll! Total of demand deposits (other than bank deposits) subject to reserve, items 27, 28, 51 and 32 . .$15,115,550.93 | Certificates of deposit (other than for money borrowed)...... . Other time deposits. & Total of time deposits subject to reserve, items 33 and 35 .312,477,465.77 . United States deposits (other than postal savings), includ- ing War Loan deposit account and deposits of United States disbursing officers... . . Liabilities other than those above stated 139,507.36 16%,084.97 132.917.48 1,630.00 1,664,798.52 Washington. District of Columbia, ss 1, CHARLES E. HOWE, Treasurer of the above-named bank, do solemnly swear that the above statement is true, to the best of my knowledge and beltet. CHARLES E. HOWE, Treasurer. Subscribed and sworn to before me this 6th day of January, 1925, (Seal.) WM. H. DORSEY, Notary Public, D. C. Correct—Attest: C. J. BELI CORCORAN THOM, WILLIAM FLATHER, Jr., G. PERCY McGLUE, B. F. SAUL, GILBERT H. GROSVENOR, WILLIAM W. EVERETT, HOWARD MORAN, J. C. BOYD, W. BROWN. HARRY K. BOSS ALBERT CARR JAMES F. SHEA, M. J GIBBS, CLARENCE F. NORM WILLIAM S. CORBY, Director NT, REPORT OF CONDITION OF THE MERCHANTS BANK AND TRUST COMPANY Washington, in the District of Columbia, at the close of business on December 21, 1924 At RESOURCES. 1. a Loans and discounts, including rediscounts, acceptances of other banks and forelgn biils of exchange or drafts sold with indorsement of this bank ....... ¢ . Overdrafts, unsecured .. 5. Other bonds, stocks, securities, ete............. . Banking house, $120,000; furniture, $64,421.29. - . 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 item 10)..... Total of items 10 and 11.......... $686,363.81 . Miscellaneous cash items . : . Other assets -.$6,624.789 2,876 1,529,267 184,421.20 589,763.27 96,601.64 30,507.68 83,446.18 Total $9,141,672.76 LIABILITIES. Capital stock paid in crsessacas . Surplus fund .... Undivided profits Amount due to national blnk! B Amount due to State banks, bankers and trust companies in the United States and forelgn countries (other than in- cluded in ftem 23) e ... 1,228,963.30 Certified checks outstanding 4,916.90 . Cashler's checks outstanding . 38,828 Total of items 24, 25 and $1,272,710.37 Demand deposits (other than hlnk dopuslts) subject to re- serve (deposits payable within 30 days) Individual deposits subject to check Certificates of deposit due In less than 30 days (other than for money borrowed) 2 Dividends unpaid . Other demand deposits . Total of demand deposits (other than bank deposits) subject to reserve, items 27, 28, 31 and 32 . s Time deposits subject 1o 30 daye’ or more notice, and postal savingsy: . Certificates of deposit (other than for money borrowed).... Other time deposits .... . . 2,226,476.83 Total of time deposits subject to reserve, items 33 and 35. $2,344,089.73 . Bills payable (including all obligations representing money borrowed other than rediscounts) . Letters of credit and travelers' checks sold for cash and outstanding - . Liabilities other than those above stated.. ..$1,000,000.00 250.000.00 23,613.47 145 3,738,802.45 54,983.15 30.333.00 25,146.99 117,612.90 400,000.00 1,986.81 6.79 Total .. District of Columbia, City of Washington, se: I, EDWIN W. POPKINS, Treasurer of solemnly swear that the above statement knowledge and bellef. $9,141,672.76 the above-named bank, do is true, to the best of my EDWIN W. POPKINS, Treasurer. Subscribed and sworn to before me this 8th day of January, 1836. (Seal) HARRY J. DONOGHUE, Notary Public. Correct—Altest P. A. DRURY, R. E. BOLLING, ¥. P. HARMAN, J'i