Evening Star Newspaper, October 9, 1925, Page 31

FINANCIAL. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office BY WILLIAM F. YORK, taken in hand tod: NEW that lLad market we; bid up In some ly. provement was stocks traded Curb Ma Price changes for t were on the side of adv over, t tods HEFF Octoby Tasrxing Strength in department and chain store issues finally communicated it- self to McCrory Stores, new, which 1. | rose sharply from 93 to 102 n! Bu ngineers Gold was re but im- | newed and this stock again furnished the greater part of | quite a feature on the side of advance. small to be of | The oil shares bore their share in the 1l Tea, which had | improvement, but in a moderate way. | Magnolia Pete got above 160 again and Vacuum rose over a point at one time. i behind (hc‘ nd > instances rath e, too {, October 8.—Follow- 1 list of bonds und in on the New York THE EVENING STAR, WASHINGTON, D. C, REPORT OF THE CO! BUILDING KEEPS PACE DURING SEPTEMBER NEW YORK, October 9 (P).—Brad- says the building industry ¢ ‘signs of tiring in its won- SA V At Wa pace, although September_ per- i torTé0" cltien nggrogated. §305.: §71,661, against $334,066 for August, a decrease of 8.4 per cent, but an in- crease of 31.4 per cent over the $232, ¥44,560 for September, 1924, Except for a decrease of 3 per cent in the Northwestern and of 8.7 per cent in the Western groups from Septem- ber a coups show gains. Your Banker Knows. When in doubt about n security consult your panker. It is equally as much his interest as yours to protect your savings. You trust him with your deposits—why not trust him with - investment problems? cluding red; and foreign bills change or drafts, ith indorseme ol Overdrafts, iu bed (Includin miums, if an ities, et . Bankinx' hot Ly ture and” it e Gnite than NDITION NORTHEAST 1S BANK e District of Columbia a0 e CHote o "blisinas o Sevwmber 8. Contances of other baiks ment of this seciri- 3 0y . Other bonds. stocks, secir- 100.000° fixtures, 640.475.26 120.000.00 94.320.71 i in: 51.007.29 ! Charter No. 1069. FRIDAY, OCTOBER 9, 1925. HEPORT OF l,O\DXT‘O\' NATIONAL METROPOLITAN BANK At Washington, in the District of Columbia, at the close of business on} September 28, 1925. RESOURCES . a Loans and discounts ... 2. Overdrafts: Secured, $2,366.53; unsecured, uau 17 N 3. Government securities owned: ted to secure circulation (U. S. bonds $800,000.00 (including premiums, eereeeseesss.1,081,634.08 it any) ... . Sther bonds, Mécks, ecurities, ote. . Banking house, §815,180.11; furniture and fixtures, $8,749.22 . Lawful reserve with Federal Reserve Bank . Items 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 companies in the United States (other than included in items 8, 9, Reserve District No. . ] 1,861,634.03 620,897.02 826,929.33 1,243,169.62 686,026.26 2,412,660.04 | FINANCIAL. Equitable Co-operative Builfling Ass’n JOHN JOY EDM\' l’renldent FRANK P. REESIDE, ¢ Organized 45TH YEAK COMPLETED Assets 15.051,81486 Surplus $1,352,749.93 Subscriptions for the 89th Issue of Stock Being Received SAVE SYSTEMATICALLY JOIN THE EQUITABLE The time to save is NOW—some- thing unfortunate may happen any minute—WILL YOU BE PREPARED TO MEET IT? 1If you join the Equitable and save regularly—YOQU and 10) . 2. Exchunges for clearing house . . Checks on other banks in the same city or town a8 report- ing bank (other than item 12) . Total of items 9, 10, 11 . b Miscellaneous ¢ . Redemption fund Treasurer 441,513.72 228,318.62 41,342.68 16,519.96 40,000.00 60.00 WILL. JOIN TODAY 915 F St. N.W. BONDY, igh FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President Total SLH0.57087 LIABILITIE: i \q,,. L Box tand T .wm Rk £100.000.00 i 40.000:00 profits « Lamw ciiries Cxpenses Baid okl Amonnt due Banis. buniers and i compnies in the United Stites wnd foreign coun- o 1.083.60 $800,000.00 540,000.00 e S Certitied etiéck outatal g e checkaioutatand 8. Surplus fund 9. a Undivided profits . ..$676,195. © Less current expenses paid . eecesesecses 03,614.62 ———— 622,680.97 32,443.34 790,097.50 126,399.41 487,775.65 . Reserved for taxes, interest, etc., accrued . . Circulating notes outstanding. . . Amount due to Federal Reserve Bank (deferred credits) Amount due to national banks . . Amount due to State banks, bank. The. Unlted States. and. forelgn. countrics (other than. in- cluded in items 22 or 23) . Certified checks outstanding . . Cashier’s checks outstanding . Total of items 22, 23, 24, Demand deposits (other than han (deposits puyable within 30 days . Individual deposits subject to check . © Certificates of deposit due in less than 30 days (other than When You Have Funds to Invest, Consult WELCH, Loan Specialist E blished 1899 639 and 7¢, Real Estate Notes for Sale in Amounts from $250 up to $1,000 or for moncy borrowed) More. . Dividends unpald Consult Welch, Realtor Sy Toral of deamio T Co i W Pow Cor’ 638.491 \‘;l 36, Trust Department That Excels A wealth of experience, a multitude of facilities and genuine ability is what every careful man or woman desires and considers when appointing an executor for his or her estate. Complete assur- ance that every detail will have the same exacting attention that vou would give, with the ap- pointment of this bank as an executor and trustee for your estate. Ours is the Bank of Utmost Service. ALEXANDER WOLF Trust Department posits) subject to rever\e items and 31 “Time deposits rve (pay subject to 30 davs' or more notice and postal savings 3. Certificate of deposit (other than for money borrowed) . Other time deposits . . Postal savings deposits. : Total of time depo " ems 33, 35 and 36 .. .$3,071,582.61 7. United States déposits (other than postal savings), including war loan deposit account and deposits "ot United States disbursing officers . | Letters of credit and travelers' checks sold fof cash and out- standing . Liabilitics other than those above stated . Loan Specialist 15th & N. Y. Ave. Main 4347 [[|| na dosolemnly’ ruc o the best of my WIS, Cashier betore me this R ied hauk R.L Subscribed and sworn to day of October. ¢ LIEF Notars Publ VICTOR B. DEYBER President Second National Bank “The Bank of Utmost Service” 509 Seventh Street N.W. 1333 G Street N.W. Comrect—Attest: 07 Stocks Bends GEO. F.HOOVER 0dd Lots Carried on Margin Buck & Company 192,833.91 3,000.00 188,804.33 ..........A,AH,MSOH163!0 13 Tyrol Hy 7 Salein STANDARD OIL ISSU Total . : . o TACOB .“’cfih\l?‘é‘z"{hl”’.‘im r;nmkdklyar:vk] . do solemnly swear that the above statement is true to the best of my knowledge and beliet ribed and sworn to bel r“r;"";;:h‘l‘?’ll? l;lhgaalz of LA‘C(‘)(:AD:;. rl)a%ffic FREDERICK DE C. FAUST, CHARLES JACOBSEN, HUGH REILLY, C. H. P. JOHNSON, Directors. District of F FRED T. NESBlT 312 Evens Building INVESTMENT BLDG. Main 9392 1420 N. Y. Ave. N.W. Tel. Franklin 7300 Direct Private Wires to New York 00000000000 WANTED! SFOONT TRY'ST NOTRS Funds avaiable for the pur. chase of all kinds of second trust 0 g D. C. or neardy Dt sction FIRST MORTGAGES FOR SALE Denominations of $250, $500 $750, $1,000 and Upwards 1 6Y2% | All_Loans Made on Property | Located in the District of Columb'a JAMES F. SHEA 643 Louisiana Ave. N.W. MONEY TO LOAN —on First Mortgages on im- proved property in Washing- ton. Current rates. Prompt service. BHANNON & -LUCH 31 713 & 715 14th St. NW. Main 2345 We Buy First and second trust real estate notes secured on in- come—producmg real estate in Washington, D. C. Reserve District No. 5. REPORT OF CONDITIO! OF THE Columbia National Bank AtAVashington, D. C., at the close of business on September 28, 1925. Washington Jnvestment and Transactions Co. 715 14th St. N.W. | Waln %63 TWO THINGS ARE IMPORTANT TO SAVE MONEY * R |® |® |® & RESOURCES. Loans and discounts, including rediscounts, acceptances anks and foreixn bills of exchnnn or drafts, sold sement of this bank . ts, unsecured Government securities owned Deposited to secure circulation (U par value) All other United (including premiums, 3 Wenden® Con ,GERMAN BONDS AND STOCKS. | | (Quotea in dolars per million [2e000000000c0000d | For Investors 62% First Mortgage Notes | Denominstions of $100 and Up—s |13 | All Details Given Prompt Attention | See Mr. O’Donnell, Mgr. Morteage Department 2,666,983.02 496.57 | Ger Gr lw Im 8. bonds $250,000.00 213,521.49 —having a definite object in view and being systematic. These two things go hand in hand. aving is the shortest and sur- est route to independence. tates Government securities it any) b 463,521.49 565,360.00 $9.629.44 266,668.97 188.239.32 Total Other bonds, stock " wecurities, ete . 5 l(unk.m: house, $7 furniture and fixtures, Lawful reserve with Federal Reserve Bank .. . Cash in vault and amount due from national bai Amount due from State banks, bankers and tru panies in the United States included in items 8 and 10) iges for clearing house Checks on other banks in the same cit; porting bank (other than item 12). otal of items 10, 11,12 and 13 laneous cash items ... INDUSTRIALS S e A (other than T47.28 Our FIRST MORTGAGES —which may be purchased on the Partial Payment Plan, offer an ideal opportunity for the safe placing of funds. or town as re- T 7,144.00 Quarter of a Century Ii'sthout a Loss 1.360.73 SHORT-TERM SECURITIES. ished by Redmond & Co.) $4.338,978.05 | 0.000.00 [14h & K 300,000.00 < current expenses paid. . Reserved for tases, interest, accrued Circulating notes outstanding. . ‘Amount due to Federul Reserve Banl (deferred credits) Amount due to national bani : Amount due to State banks, bankers and trust companies in United States and l()xexgn countries (other than included in ete., B. F. SAUL CO. Main 2100 925 15th St. Insure 244,195, 9 489.01 | 16 N.w. Your Savings And Be Sure of 6% INSURED MORTGAGE BONDS| ANational Sccurity Construction Loans Made —for _long - time _periods amounts up to $700,000. Real Estate Mortgage & Guaranty Corporation 26 Jackson Place N.W. Resources—$2,500,000 L. E. BREUNINGER, President outstanding’ Total of items 22, 23, 24, = Demand deposits (other than reserve (deposits payable mmm . Individual deposits subject to check . Certificates of deposit due in less than 30 days (other than for money borrowed) . . Dividends unpaid Total of demand deposits (other than bank .$2,241,373.; ‘e (pavable after 30 days, or or more notice and postal savin q 30 days): in | 61% Time Proven ' Real Estate Mortgages | Time deposits subject to rese: subject to 30 day . Other time deposits . Postal savings deposits tal of time deposits subject to reserve, items 35 and 36. Insured from date of issue to date of maturity by the guarantee of the NATIONAL SO SURETY COMPANY, the City of Washington, District of Columbla, s world’s largest surety com- 1L A MITCHELL, cashier of the above-named bank, do solemnly i swear that the above statement is true to the best of my knowledge and belief. A N. MITCHELL, Cashler. Subscribed and &worn to before me this Tth day of October, 1925 Price 100 to Yield 69, Maturities 3 to 10 years. (Seal) HERBERT A. POOLE, Notar; Stein Bros. & Boyce Correct—Attes “,\Rl(\ BLAK. DAVID J. KAUFMAN, JOHN H. MILLER. 211 Woodward Bldg. Washington, D. C CLARENCE DUVALL, y R. FRANCIS SAUL, Main 1079 .- $847,287.52 . $4,336,978.05 When You Need a Loan Think of WELCH, Loan Specialist Money to Loan At 5%2% and 6% INTEREST Before Plucing or Revewing Your or Zud Trust Conlult WELCH, Realtor Loan Specialist Quick Renlies Reasonublo Charges 1500 & N. Y. Ave. L 13164317 rears, the DL'RI.\'(; the past thirty first mortgage notes sold tosinvestors by this Company have proven their ideal investment qualities of safety, profit convenience. WE FINANCE —all classen of income-producing property Large Loans a Specialty Current int. rate and commission. Higbie & Rlchardum Inc. 816 15th St. and 1, The present offerings main- FRANK J. STRYKER i % tain the same high standards. . 'SWARTZELL, Directors. They are’ Money to Loan ured Ly first decd of trust on real estate. Prevailing interest an Joseph I. Weller Ai0Wah L& AFE, because the total first mortgage does not exceed one-half of the value of the security. Little Lessons In Financial Definitions— To lay out money with the view of INVEST: obtaining an income. SECURITY: SAFETY: o When you INVEST in our 6% per cent FIRST MORTGAGE NOTES we assure you that all the elements of SAFETY and SECURITY are placed paramount to the consideration of profit. The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Estate in the District of Columbia and Nearby Maryland Suburbs for 3, 5 or 10 year Periods. 5%2% ON APPROVED SECURITY Apply RANDALL H. HAGNER & GOMPANY ¢ MORTGAGE LoAN GORRESPONDENT TetiphoneMain 5700 Dependable Administration —of your interests as holder of one or more Wardman First Mortgage Notes, is assured you lhrough the personal attention given by the officials of this organ- ization. PROFIT;\BLE, because the present mort- To put beyond hazard of los| gage notes pay 62 %. or to make certain the ful fillment of an obligation. Justifying To be rel CONVENIEN'I‘. because this Company attends to all of the details of the in- vestment without charge to the investor. Houses Business Properties Apartments Office Buildings We are justifiably proud of our record of NO LOSS TO ANY INVESTOR. Try our service policy and see it you like Current Issues Bear 614% Interest it. We think you will. Denominations From §100 to §100,000 WARDMAN ConstructionCompany 450 K3oert Main 38350 INC. Housing One-tenth of Washington’s Population * fi-m—m:r.:.: Mortgage Investment Dept. H. L. RusT COMPANY 912 15th Street Main 6888 d,f‘dfl ‘emmu:&ud[ Toe nue,