Evening Star Newspaper, October 11, 1925, Page 43

SEINANGIAE, THE SUNDAY STAR, WASHINGTON, D. OCTOBER 11, 1925—PART 1. " ITEREST CENTERS | EOND SUMMARY FOR THE WEEK | ors et kv | = When You Need a Loan High, Jlow. High o Low U. §, BONDS, High. Lew. Last. Yield Good Demand. NEW YORK, October 10 (#).—Cot- ! 1oT0s" of 10510 104-13 Treasurs 48 1947-62... 106+18 106-4 106 11 38 . ‘ G reeviwges i i 96 IR on- FOREIGY. Close. High. Low. Last. Attitude of Investors Since 976 9 Argentina fs A 19 RS T 264 103% 101% Argentina 7 1927............. 102% 102% 102 e Liberty 1at 43¢ 1932-47. 102.1 101-24 101s31'392 102 5 101-19 100-20 Liberty 2d 438 1927-42.. 100-29 100-26 100-25 391 [10223 s 1021 101-1 Liberty 3d 4%s1928..... 101-12 101-4 101-7 383 1103 358 .103-9 101-20 Liberty 4th 4% 1333-38.. 102- 9 102- 1027 334 eries of sheetings and print cloths. | At 5%2% and 6% Mills were slow to sell, as they are INTEREST | | the bidding for the late contract deliv | {carrying light stocks and are well | | sold ahead. Rayon and_ cotton mix Placing or Renewing Your £%1; *3% Belzium 6s 1955. . . s6% NGy s6t 88y i Slightly lower. ||l Consult WELCH, Realtor - 192 |nnyon and Cotton Mixtures Are in . —all classes of income-producing property tones Liberty 3% 1952-47..... 100-61 29-30 100s1" 349 Think of WELCH, |l Large Loans a Specialty Loan Specialist 'l current nt. rate and commission ton goods markets were quiet today. | | Higbie & Richardson, Inc. s, maies vee e i | Money to Loan 6 150k S XY TRUST Debt Conference Is Yet ! 10 oot Amerr G e s 11111 101 101 100 - 100 | tures “Sold _steadits” " Yarns® were | T T et 61 / 7 FIRST 2/ i 2. 110% 106% Belgiunm 7%s 1946 108% 109% 108% 109 | Burlap shipments of only 70.000,000 | Al to Be Displayed. { 10 T e I 1031 1077s 1075 107% | vards from Caleutta during Septem- ! el %91 $0 Bordeaux 65 1934 ¥o% 81 5 ®8&% ber were about 10 per cent under the | Reaienible Earees BY GEORGE T. HUGHES. 104% 101% Canada Bs 1952 .. r.r. s T 1021 1024 1024 102% | alveady firm burlap market. Wool NOTES 100 95 Brazil 8s1941. 9ats 100 95'% 99% averaze and further strengthened an IS(RORINT Y. Ave, M 43064347 GUARANTEED Special Dispatch o The Star. 1037 102 Cancda 58 1929.... ... 102 102% 102 102% | markels were stronger. : Real E;tate NEW YORK. October 10.—The in 2 103% 1017« Chile 8s 1926. 102 102 101% 102 Nport fabrics in heavy woolens were | vestment problem which is at once the 5= 110 106% Chile 85 1941. 108% 108% 109 ! cought for immediate cutting to meet most interesting and the most difficult 110% 106 Chile 85 1946. 109y 1081 109 1 a quickened demand for heavy outer | 20 solve relates to the foreign bond 9% 49 404 Chinese Govi Ry 5a 1951, .. .+ AT 40% 4T 49%% ] we; Overcoating. sules were stini-| or nvestors sitnation RTh 100 941 Copenhagen 5lgs 1944. ... iy s x| dated by a more active retail dem:ind. The puzzle is to forecast the reac 85 101% 98y Czechoslovakla 8s 1951 1001 o100 100% i | 99 ; : tion upon the minds of American in 93% 105 991, Denmark 6s1942..... - D2Ys 102% vestors of the French international | 107 111 109 Denmark s 1945 . Vi [0ul BUTTER PRICES LOWER. ’ 268UackeonRlace deht compromise. There is no doubt | 924 10313 48\, Dutch East Indles 65 1947....... 103 3o 102 103% CHICAGO, October 10 (). - Butter /2 - . N } 0 i that if the nezotiations at Washing- 42% 1033 9Ki. Dutch East Indies < 1362, . A 106 103 oo eceipts, 10 cream ton hetween the American commission 8% 93 Frencn Govt 7%s 19418, ... 990 100 | pp” gy 187 standard extrn and the French financial representa- 92 98% French Govt 8s 1945. . .. 164 104% ) iy i Ha1aty: sec tives had been brouch to a conclusion = s Gorman s 1349, . 9yt 98| onas 131,. Eggs lower: receipts f BES satisfactory to hoth parties it would < olland-American s f 63 1947 9,132 cases: firsts, 40a42; ordin: cipal a ity o Rive Becniroliowed [by th ol cres s cire | 121 A1 Japanese 48 18311 -t erie: i SO e T G Flrst Mortgage pathmatusity ival of interest in foreign securities | 57 90 Japanese 63§s 1 5 1 4 F since the war. : it % Jergens Utd Margarine 63 1947 S e fi e e 1 &1 WOOL ENDS WEEK STRONG. Notes It was in anticipation of some such | 02 Ne - 06 | couple of weeks ago hought large | 9 101t Queensland 6s 1947 2 104 blocks of French doilar bunds in tne 200"\ Qusensinnaita 1041 . confident belief they would be able to [ 8% &7 eyl LI D L The Summer street raw wool markets | | were quiet today with many firms [ closing strong and earlier than usual Denominations of $100 and Up— resell them at substantial profits. Con i : 2 e ; Sa 936, 103% slderine the high vield abtainable on o o o cuula SLACkiol ENI1IIE: French obligations. this was not an| 800 63 0 s n unreasonable theory upon which to 105% 10% Mortaage Department {ther advance recorded in some in stances Serbe Crotes Slovenes 881962, s g Sweden 61939, ....... . AN e now knows, the|117 1004 Swiss 3138 1948 - WASHINGT (Bt as every ore now knows, th 115", United Kingdom 51,5 1929 2 ‘ fix ashington conferences resulted in i : I Do ed KinEdcm Sue 10 ey A neE i 1l The s *| For Immediate | *“" WASHINGT Mortgage & Guar- anty Corporation N.w. Guarantees its first trust notes as to payment of in- terest when due and prin- f note. Denominations 20 Marseilles 68 1334 i | BOSTON. October 10 (Special) 3100 3500 31,000 All Details Given Prompt Attention || R€30urces Over $2,500,000 S S T S See Mr. O'Donnell, Mgr. L.E.BREUNINGER, President DITION ON situation almost where it was hefore 905 Amer ARFI Chemical 7158 1941, 3 i SAYWINGS BANK. they started. Disappointment at this usl; Amer Smelt & Ref 1 4 elt & Ref 1st 58 1 5 = oElco " was_evident eriy’ this weelwhen e foan e el e et st BRI : ) Dellvery O S LN these speculatively held French bonds | 102 4%, Amer Sugar Refining 68 1937.. .. i » ) e e S Amer e e e e sm , PRUDENTIAL and the price weakened accordingly 21, 21 100 Amer Tel & Tel ol tr 55 1946 . . 100% Non resident client will sell $4.000 BANK (o Aribosten: $91s Anaconda Copper 6s 1953.. ... first deed of trust 17 notes secured fing 100 Anaconda Copper cv deb 7s ‘35. 20| on modern DT residences. ca an. in the District of Columbia. | “mptances of other bank *5 Armour & Co 41483939, . . : Securiiy hetter than 30%. Denom the “close of bismes on “hanee or Aratts 7%, Atlantic Refining de b os 1937, 997 inations of §3.000 cach September 28, With indoreement 61 h the attitude of the actual investor was P o paninEd 4 b il s nat cleaver than hefore. Most of these 1003 Bell Tel (Pa) re€521948. . ... 100% a0 RESHTREFS. ank Washinzton. in the Distriet After this selling was absorbed. how- | ever. quotations recovered in part and . G Ancos "0 other banke ties. otc uteddndishe fod lne sunnly commine 105 Chile Copper 6 1032, 108 1085 | Main 1581, 1109 1. 86 NW. e S0 nihen ank 1. Baning ' hose, * S45.001 with the total amennt outstanding i o 781, Cons Coal (Md) 1s ref 55 1950.... K2iy A3 ord Lold with furiitare and fixture not larze, o that the market fluctua K Rlc o e = p s oag0 e LRl O ety <0408 <5 of Colmbia, ne ana n and_ foreign hills of ex ol 154 Znt o meararad RENT Real eatate owned other tions represent little more than vary 4 106% Detroit Edison ret os 1940 1 ou 1 : e h a N it Edison ret os 1940, ... 1075 1< Governmant sreurities than hankinz house Anether matter in doubt is the posic | « 971, Emplre Fuel & 3 mitme 1 anc 31 206 87 due from national hank % & 971; Emplire Fuel & Gas _ 035 104 ame. i€ an: 06 <7 tion of the administration at Wash- 102 g 100" Goodrich (B 1) 65 1 S 101 nterested in the purchase of Other honds” stocks. securt Amount due from State o 30 490,61 hania. hankers and_trust ington with regard (o new French 107ty Goodyear Tire $81931........... 1104 1101, | SECOND or FIRST TRUST Notes i Rankine house %37 351 A0 ampanice i the United loans. Probably that will not be de- . 114 Goodyear Tire $s1941. hopiE 2 e’ invited to inspect my offerings. furmiture and fixtures States (other than in veloped until the bankers ask indorse. { 10 o 21, +91, Humble Oil & Ref 514s 1932, <1104 .37 18050 cluded in tem 10 ment for some fresh French hond fs- : 101 Indiana Steel 5s 192, . e ekt ath "’_"”"TI T ol K‘”V‘-s[‘;");Kfl-"]d Eees s REPORT OF THE CONDITION ~f:"‘”.:..'."”"‘l',v:r‘,"';‘,‘w‘; -.mjm . 5 3 yrm.vm.m,.“ tion can be hoped for until it is seen Manati S < 1942 00 iy ¢ ireliameni ; 4l stock paid in whether or not the French Pariia- 9 )hrl\al.\]x::-l; 5<'|7‘1l.:fi 1““ i l:n i 4 ] I\Ib}! l WOOD, i assets 1 1 r e = ment ratifies the proposal which M. | s New England Tel 5s19£2 . 1004 9 i in the Tnetniet es Undivided prof Caillaux is taking back with him to] 112 New York Edison l1at 6355 1941.. 1145y 115 <o Tatal o Less current ox Ranis. | i 100% NY GasELH & P 5s 1948..... . 1044 s = Denses pad .80 Foreign Tssues Firm. 51 New York Tel 41351939, . ... i7h 7% p X caniial b S E : Reserved for taxes Meanwhile the foreign hond mark 106 New York Tel 6s 1941, .. B [T e 4 S Spmalie ete. accrued sunte Th L : WILLIAM H. KYLE Cash in wault il amoit 0 o 18 (Cheeks onlother (banks in £100.000 25300 1167 0200 as a whole remains surprisingl ¢ 10213 £6% North American Edison s 1952.. 100+ eptan: 2 Tndivided neafite §3.820 23 Cortified " checks outatanding 75 00 urrent e Total « it A good many authorities had expected | £9 tily Pacific Gas & Elec 55 194 i 6 fore L YRR Demand deposite (ather than the French episode would be followed | ¢ S 100'; €2l Pacific Tel & Tei 5s 195 4 { ; k. ik depositer suhect U b an exhibition of disfavor toward | 1037 9% 105 10T% Philadeiphia Co ref 65 1944. . : B . 2 erve tdeposits hasable foveign securities a group. That 95 Public Service 6 1144 4 It 2 1 % 3 27, Individual | deposits subiect has not happened h Sinciair Oil 78 1937......... 4 Jmse Quite the contrary. there has been ! 107 0 Skelly 6las 1927 5 . G bk huying this week of many of the high- 10 South Porto Rico Sugar 7s 1941.. 3 5. Othe _ . . S ST e er vielding foreizn hondx and appar- % Union Bag & Laper o3 D...... v s, : - et e A ently confident buyinz. More atten-| 100% United Drug 6s 1944. ShsEd ; ranking [ ol e ' tion has been paid to South American | ®5 US Rubber Ist & re 53 1947.. .. caa B D R descriptions and the conclusion is, if 104% U 'S Rubber 7358 1930, ........... 106% 10% O ! ; T o e the market indications are to he relied ! 1044 U S Steels f 55 1963. . 3 I e upon, that the American investment | market is still abie to absorb large | amounts of toreign offerings | In the general bond market tne week | has witnessed an increase in selling Y C 8 . § = Cnghen ‘ orders for account of corporations. {100 w“mn‘n‘iifl‘:;.’)‘:;f"' y : : | ot . g i o 73 ~Czrolina Chem s f 7s 1947. ... 44 Va-Carolina Chem 7%s 37 war.. =34 &g 8% S8 ! ar enhiect to 30 stal savings! 10¢!; Western Union Tel 6345 1936. o i b more notice. and - of depos: 91 Utah Power & Light 53 19. y 4 " e anam servei{pasanis’ affer’ X £ 4. It 1 A 1 a6 days, or subiect tn 30 2 Trasanie after 20 dave’ or more notice. ane X 915 Wilson & Co 1st 68 1941. R : 1 278 Cortifiantos af dennsit tnth for ‘moane Curiously enough short-term securi- [ oo oo o - Bineidowoets et i devont ties have been offered almost as freely | 215 e s S IABTis oF time deposits aybject 360 ¥ 3 il - % o ok ock paid 0 F100.000.00 | S yeseres - 3 s pay e t1inelud 25 those of longer maturities = : 264 Balto & Ohio gold 48 1943. : 2 ShPoine Toma " ! 10000000 | aa A, 41, Billa pacani T Liberal Selling Absorbed. 0% u svly Balto & Ohlocv 41481933.... 2 3 Reserved for taxes. interest U= ymenbiedCinaludine Call money £ 3n, Ste. mecriiad E heations n than rediscountss fexss it lae i sanited | 55% 5% Balto & Ohlo ret 58 1995. . ... i ied - ! e trancal other e e o s 10214 Balto & Ohio 65 1929, t _ 4 . p i ; S eunts) 5 000.00 e had to he provided by the selling of | 6 »3% B&OPIttaLE& W Va s 1941 Bl of Sl o bonds o1 ether it was the expres- y t a s hoicnamed hank, do solemn I L e e P E21, Brooklyn-Manhat s f6s A 1968... x: Al TTERWARD 4 RARER TR o e o A lower levels can- | 117in 116 Canadlan Northern 6%s 194 7 eposita pasabie e e e te the maetaf | 0f 0 Knowledze' and. heliel et ank), “The fact is that the sell.| 32 7 Canadian Pacific deb 4s.... L p IE R0 ARl Genestts mublcctitn e Knawied=s o beliet notibe said._ The fact isitha 29 6% Central Pacific 48 1943. ... g osite 14300055 FRWARD A RAKET Cachin Total ing was ahsorbed without mater 4% Chesapeake & Ohlo cv 438 1930, ¢ 1l depoie IS becribeiand a4 ath Ay effect D bt invemorsiwan] 3 277 Chesapeake & Ohio gn 4%s 1992. e o iseal VICTOR R DALY TANES Demanditeam fother Inyestors vas ; 102 Chesapeake & Ohio cv 58 1946. 4 p 214 Mo s sl e e B expices Tuis strong enough to take car e : 441 Chicago & Alton 3% 1950. ... il i E My commiscion of the offerings. Another indication ; 100%2 Chi B & Quincy 1st ref 55 1971.. 101" 33. Certificates of deporit, (athe i c oW BaNTON Sined.s wy of the underlying strensth of the mar 715t ChIE FastetIlEtsles aasy - ; hanGor " money” borros 4 TS R S el obligations representing orrowed other - 5% B & O Southwestern Div b cfs 50. 4 Dictrict_of Calumhia 1. JORN 1. LEONARD. treasurer of the ¥ swear that 0 the best JOHN D, LEONARD, Freasur “worn ta hefare me this - Subseribed 10 bhefors me this H_ MARR WALSH ket was the easy way in which new | & v, ©9% ChiGreat Western 4s 1959. .. 35 Oher time deposits B | 2T RoRINeON THOS. F JIARRELL. issues were sold. : . it CBIM & BrEagl v assoir. - T timie e Not much attention has heen paid 3 Chi M & St Paul gen 4145 1989, to the monex situation as it affects 2 432 Chi M & St Paul ref 4345 2014. the hond marke hough money s 44 Chi M & St Paul cv 58 2014. E Just as important a factor it_ev 112% 107% Chi & Northwestern 6ias 1936. . Tediecounte oo Dire tore. ORT OF COXDITION Wod other i G : 5 o 2.1 Reserve Dis Directol 1rict No. 3 was. What expressions of copinipn »% 73% Chicago Rall 551927.. » 2 3. Liabilities other than 1ho . Se ° & T C have been ventured have heen contra 4w ron Nk ChiRT& Pacific ref 45 1934 A above ‘Stated . . ; American Security rust Company! aictory s R S ¢1% Chi Union Station 43zs 1964, ... b R 116% Chi Union Station 6%s 1963 et X Colambin Eiogialcolumnl TREND |s UPwARD 104% Cleveland Term 5%s 1972, . 6la 5% 13he above st Y aear hat . 2 BC 5 my Rnow and. heliet L e AN s i 4 o ANSMOSH SCHREMER Loans and disconnts, including redi \ceeptances 908 Colotado & Southern 35 1936 s “Casnier S other hanks and foreign bills of exchangze or draft E #3% Cuba R R 68 1962...... 4 Subseribed and sworn _to hefore me this & 5 Oth day of Octoner sold with indorsement of this hank 7 cona . |N BOND MARKET : ]g‘i g:::‘z‘n’&%:’-::‘:&”:’;::;'" 1Seal.y GEO. PATL MONCK Overdrafts, secured, §2,011.36: unsecured, $1 = 55 D& R. G, West 56 195 = 4 v Siotany Babilo a Customers’ lability account of “Accepta ive %6 Detroli United 4335 133, . A : e L. OSRORYX This bank and by other banks for account of this Receivership Issues Most Active in 70 Erie 1st con 48 1996 2 * | DML PETLT bank, and now outstanding ............ 1% Erle gen llen 48 19961 o R 1 MYERS . U. S. Government securities owned: ; Rather Narrow Saturday 6 63 Erlecv 48 A 1953 z 6 S e B Al ather United States Government securities (including Trading 69% Erle cv 48 D 1953 o ; of tne e GRS P o 93 FlaBECisTe,.... oE ITIZENS © 7T\ mds. stocks, securities. = . 106% Grand Trunk s f deb 6s 1936 CITIZENS SAVINGS Banking houses. $1.431.164.34: furniture and Axtures. Ryjihe asiocsicd Brem Gt Yy g;::lfl;‘::&:r‘:;i?sug] g o B ANK, 7. lteal estate owned other than hanking houses s NEW YORK. Octoher 10.—The usual | 1u8% Great Northern gen 7s 1936. . . AL ton C. it District of 5 h in vault and amount due from national banks. ... pre-holiday loss of interest dulled the ] dson & Manhattan ref 7 b 'l,‘,",“ pi0ke, OF bisiness;on Amount due from State banks. bankers and trust com edge of bond trading today. Prices in | b ey adf;,‘,':;; 2 Memienae- himies in the United States (other than included in the main body of issues moved within | ’ 101% Illinois Central 5%s1934..... ... 5 ; RE =€ item 10)...... fareesienanaen extremely narrow limits, with only | 591 Inter Rapid Transitbs 1956.. ... 6ot 615 610 ‘oot | ludine rediecounte. | a Exchanges for clearing house....... el a few of the “receivership” honds ve- b ®5 Inter Rapid Transit cv 7s 1932 4%, E £ other Danks. Total of items 10. 11 and 21... . .. £3.405.096.14 spondinz tn reorzanization develop- 66 Inter & Great Nor adj 65 1962, . 2 hille of ex. a Checke and drafis on banks (including Federal ments o £0% Kan C Ft Scott & M 45 1336. . 4 oo dralis. ) eolg Reserve Bank) located outside of city or Continued opposition to the reorzan- | 7014 Kansas City Southern 3s 1950. 7 i 8% | han] g 31,167,300 69 town of reporting bank . 3 $801.414.99 ization proposals for the St. Paul Rail- #8y% Kansas City Southern 5s 1960. 2% | 2. Overdrafte, " secured. " unse e b Miscellaneous cash items g way, in the face of action of the re-| 97 Lake Shore 4s 1428, . p 4 UL 5o i e 764.35 organization manazers in declaring | y5% Lake Shore 4s 1931. 975 8% urities, ete i 04.430.00 | 16. Other aSets, if ANY....covveeeieieantesorsersnnees At Washington, in the District of Columbia. at the close of lLusiness on B70.075.55 S2000.00 2,120,889, 93 300, 804,301,538 334.051.08 | FINANCIAL. 42 Money to Loan Secired hs firet e of trust on real eta Al Lo cion When You Have Funds to || Pw"‘aiu-w.,ii,... Py Invest, Consult WELCH, osep eller g 5l & ¥ NN g e ‘|| WE pAY MORE INTEREST 61 and 7", ON SAVINGS ACCOUNTS Real Estate Notes for Thyn any other National Bank Sale in Amounts from in Washington $250 up to $1,000 or Interest on DAILY Balances More. ” Come in and let us explain Consult Welch, Realtor Commercial Nat'l Bank Loan Speclaliat 15th & N. Y. Ave. Main 4347 14th and G Streets <l Resources $17.000.000 R. GOLDEN DONALDSON, PRESIDENT | harter No. 3046 Reserve District No. 8 CONSOLIDATED REPORT OF CONDITION OF THE RIGGS NATIONAL BANK At Washington, in the District of Columbia, at {he close of business on September 28, 1925 RESOURCES a Loans and discounts. including rediscounts acceptances of other hanks and foreizn hills of exchange or drafts, sold with indorse ment of this bank (except those shown in ) 23,960,141 Customers' liability account of acceptances of thiz bank purchased or discounted by it.... 51.000.00 Total inans . e s o vaa e AROTTRE0. 4 cured, $i0.963.34. unsecured. % 10.784.58 nment <ecurfties owned _"All other United States Government securities (including premiums, if any) .. o Other honds, storks, securities, ete : Banking henses, §1.720.718.76 niture and §448,604.33: building account, £1.000.00. Lawful reserve with Federal Reserve Bank 4. 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 trnst com panies in the United States (other than included in items 8.9 and 10) . s 5 changes for clearing house ecks on other lanks in the same i ing bank (other than item 121 Totals of items 9, 10, i1, 1 . a Checks and drafts on hanks (ine Reserve Bank: Inctted town of reporting hank b Miscellaneous eash items . Other assets, if an- . Surplus fund Satalh .t s o 3 5,850 500,000.00 Capital stock paid in 00,000 a Undivided profits . b Reserve for contingencies. © Less current expenses paid . 20, Reserved for taxes. interest, ete., accrued Amount due to Federal Reserve Bank (def Amount due to national bank 3 . Amount due to State hank ankers and trust companies in the United States and foreizn countries (nther than inciuded in items 22 2nd 23) Certified checks outstanding 26. Cashier's checks outstanding 44 Tt Total of items 22. 23. 24. 23 Demand deposits (nther than Fank depo (deposits pavable within 30 davs) Individual deposits subject to check 562,165.35 Certificates of deposit due in less than 30 davs (other than for money horrowed) G i s 0087 Dividends unpaid S S 855.00 Other demand deposits . i 544.76 Total of demand deposits (nther 1h: deposits) subiect to reserve, items 27 31 and 22 eiieian.. 820 466.613.95 Time deposits subject 1o reserve (nayahle after 30 davs. or subject to 30 days' or more notice, and postal savings) Certificates of deposit (other than for money horrowea) Other time deposits Posial sevinge depesits e . 1ai of me depnsits ject 1o reterve (items 33. 35 and 3% s s $6.580.460.67 United States deposits (other than posial savings), including war loan dep: account and Aeposits of United States disbursing officers 1 S RaEk ATA4TRR Azreements 1o repurchase United States Government or other securities sold ... z S 01.056.18 Bills pavable (including all obligations representing money borrowed other than rediscounts) 1.000,000.00 Letters of credit and ravelers' checks <ald for cash and out= standing ..... S 53.74%.48 a “Acceptances” executed by this hank for cus- tomers. and to furnish dollar exchange. £51.000.00 b Les< acceptances of this bank purchazed or discounted (see item 101 . : 51.000.00 Liabilities other than those ahove stated Total Distriet of Columbia. Cits of Washington, ss 1. ROBERT V. FLEMIN cashier of the ahnve-named bank. do <olemnly swear that the ahove statement is iriie to the hest of my knowl edge and helief. NOBERT V. FLEMING, Cashier. Subscribed and sworn to before me this Sth day of Octaber. 1925. iSeal.) WAL H. DORSEY, Notary Public, D. C. Co rect— Attest CHAS. C. GLOVER WM. J. FLATHER M. E. AIL STERLING RUFFIN, CHAS. €. GLOVER . 1. CORBY HARRY F. CLARK. /1. E. JEFFRIES, H. B. SPENCER. ¢ JULIUS GARFINCKEL. . POWELL MINNIGERODE Directc Family Economics Every up-to-date business man_operates under some “budget system.” So should every family. 1 this is done, there must be a place for “"SAVINGS! When vou plan expenditures see that a portion of vour funds is set aside to purchase our FIRST MGRTGAG NOTES. They are absolutely saie, pay a,liberal income, and we assume all the work of collection without charge Partial payments may he arranged. upon which full in- terest rates are allowed Consult Our Mortgage Investment Dept. their plan operative. caused some sell 917 Louis & Nash unified 45 1940, 93 w4y B Y% | 6. Banking houss, S164.601 2 = gkt i 5,496 '11 5 ing of the road's bonds today. and : Lous & Nash st ret olps 2003, . - 931 ' tixture. prices eased off slishtly. The firm-; Mil Elce Ry & Lt 18t ref 58 °6. Y & Can’i amaoint LIABILITIES. ness of other railroad oblizgations 1024 MStP & SSM 61%s 1931...... o JJARIL oS, hewever. was well maintained. To : 80 Mo Kan & Tex Ist 45 1990.... ") : : ; capital stock paid in S : ledo, Peoria and Western <, normally | £ 76% Mo Kan & Tex adj b= 196 4 i a 0 a % " 115, surphis fund o..... inactive. spurted up 3z points on a few £6 Mo Kan& Tex prinssA 1962.... ggr, : A Undivided profits . sales. New York Central 4s, Louis-! 62% Missourl Pacific gen 4s 1976 64 4 ' :-"\":‘w‘v_m"nmw n 1 Reserved for contingencies ville and Nashvllle 4s. Pennsylvania L Missouri Pacific 65 1949. . . 101 s 5 Glas and other standard investment : 5 N O Tex & Mex inc 55 1935....... 071 47 Taral S z © Less current expenses paid.... liens were in demand 2 931y New York Cent deb 4s 1934. . .. 93ty vty LIABILITIES Progpects that plans for the reor- 49 New York Cent ref imp 5s 2013... 101 5 anilali sions maauin: 00120, Reserved for taxes, interest, ete. acerued zanization of Wilson & Co. will be|100% 35 “s 106's New York Central deb 63 1936... 10 4 Sitipifie Tt T TSRO0 | 35 Kmount due to national bawks : put_into effect this month strength- ] 934 NV Chi&StL5ts7d ... 967n 10 2 Uodiided profita, cooe 201460 Amount due to State banks. hankers and trust companies ened the Wilson convertible honds.| 3 54 New Havendeb 45 1957.... 60 » cst, etc.. ac 3.661.88 in the United States and foreign countries (other than Ohligations of the Virginia-Carolina 87 ,’;";t;,""&“;"“",g"“ 9115 2% Sl1g 49 Amont e o Staie. included in_item SRy FESA Chemical Co.. also in receivership. 59 cst & Boston 4%s 1946 681 banke. bankers. and trust s outstanding...... G5 oy odl i o Toint=n 0L 2w 60 Northedn Pacific 3s 1947......... go%, c trics s o ERELRTY R Total of items 23, 24, 25 and e’ with rise in the company's| Jga. W i B's o R i 1 sssan| Demand deposits (other than hank deposits) subject to re- ares | - 106! 5 s cheoks outéfan i s s bl ithin 30 days): qh:':fi-mm and United States Govern- | J95% 96% Ore Short Line ref 48 1929 97i g - T 161353 Gthe :il:',::’q':: :‘;:;:\ior‘(k(n“v-har‘k g ment honds were unusually quiet. | S 10213 Ore Short Line gtd 63 1946...... 10314 10, % 108% | Total ot tem - Cettificates of deposit dne in less than 30 days (other than With some of the French Issues ex. | 108% 51O manin erAsRST 83 i : Demand - e e e Drowea) fe ; i o Btk e a gen 4%s = 9u3, . than banl % 205 e SR el I R % 94% Pennsylvania gen bs 1968. 101% ol ot 1o"re D e st deposit American_obligations lost zroun; 104% L T nacia thariase i Pavanle within 30 dase) - 2 Other demand deposits. trust deposits. ................ profit-taking 1 e lana r o Ll L Individual deposts b Total of demand deposits (other than 98% . = ceee 89 10 check o riceiserss 60 bank deposits) subject to reserve. items 96 93% leading 41,547 a3+, % Certificates of nl " 94n 88 U Rio Grande W Mo n e than B0 31 and 32 .....$14,860,001.67 FO]?EIQN EXCHANGE. &0 ég;. ‘s}f. Blocrands) ‘x:e‘r;’x!:nulsuu 73 3 (other than for mon Time deposits subject to reserve (payable after 30 days, or NEW YORK. October 10 (®).—For-| g7 4% g% 43 SILTM &SR & G 451933 1 DI ends dnpaid 1100 Gl subject to 30 days or more notice, and postal savings) eign exchanges steady. Quotations in! g6 72 St L&San Fran pr In 45 A 1980 87% Other demand deposite. . . - 5 Certificates of deposit (other than for money borrowed). Cents: Great Britain, demand. 483%:| 73w 6% 18 L SLpgiRrEn eI in fe A dsk0... itn Total of “demend_deposits \ Other time deposits cables, 484 3-16: f0-day bills on hanks, | 87y 80% 3% StL & San Fran 6%s B 1942, o : postte) ‘iblect i e Total of time deposits subject to reserve, 45075, France. demand. 4601 g5% 87w 101 StL& San Fr 9 D eI 2 f1tems 33 ANA 35....cceenzeeceeesoo...$13,214,204.63 cables. 461" Ttais. “demand, £0025 | gew T2 1% 741 SUL & San Fran inc s 1360 s and'5 7T 870662580 Acceptances executed by other hanks for account of this bank 58% o 3 B9, 3. Ce cates it e L o Halino thie er| She 7 1a% 9% Seaboard AirLinererds1si.ll 104 o 'n':'»'m»'v"dm'x‘f aEmos 4 fanhities other than those ahove stated............. i v, 23.80: Holland. 14: Nor- * 731, Seaboard Air Line adj b5 1949 : 0% norrowed) o way, 19.90: Sweden. 16.79: Denmark 7 43% 87% 7 .. B4 8574 . Other e 0sits .. £13: Switzerland, 19.28: Spain. 14.37: | ZT " s 95% 84% Seaboard Air Line con 6s 194 944 9ty | T;,,,"'",‘,""';,,:; deoite Total . s 96% Southern Paclfic cv 4s 1929 biect t rve. 1tems District of Columbia., ashington, ss Poland, i6.75: Czecho-| yii o8 Tl 84 Southern Pacific col 431945, ..., Sau 2 37 and 35, $561.768.47 1 CHARLES E. HOWE, treasurer of the above-named bank, 41.37: Brazil, 14.0 #07¢: Shanz-| 85% B67% 145.937.81 20,565, 16 | 90.368.49 | 13.658,456.06 .160.00 1,263.19 4,281.32 beeeeienee....$35,496,915.78 do solemnly 42 §7% Southern Pacific ref 45 1955...... 88, 8 | Total §T575177 53| swear that the above statement is true to the hest of my knowledge and Rumania, 48%: Argentina, | $1 = 85 S0 73u] Southern Ry gen 43 1986......... 78is 785 Tays | Disricy of Columbia: el ol belief. CHARLES E. HOWE, Treasurer. FE AP 104w 1001 Southern Ry 1st 681994 ... """ 103% 103 108% | 1 9o 111 106% Southern Ry dev 6% 1986, 1100 111n 10% | T Shove. ctatement 1< true 10 the hect ni e 1obw Gl 34% Third Avead)Bs1960............ 33 39 D | e vietee am baliat . et o Correct—Attest: hai, 791,: Montreal, SRNAND | PETIT. cashier of Subscribed and sworn to before me this 6th day of October, 1925, anaienamen bank. do solemnit swear thar| (< WAl H. DORSEY, Notary Public, D. C. * LIVE POULTRY HIGHER. | 05" 38w s4% 90% Union Pacific st 4s 1547 S5 o o (Siened) FERNAND PETIT. : C. J. BELL, CLARENCE F. NORMENT, 95w 99% 68 Union Pacific cv 4s 1927 °8% 99% o e Cashier, CORCORAN THOM. JAMES F. SHEA. 100, Som 101 5 Virginian Ry iat 622962, " "0 gom vau o T s e, T 9 t6w 1021 1003 Wabash 18t 58 1939.°.. % 101% 101% 101% (Seai.) E .v.\wqr:%%.l ASPINWALL, J. C. BOYD, 24; Springs % 7% ‘e4wm wabash 514 © .87 914 97 PET o Ty oty Suvle WM. J. FLATHER, Jr, HARRY K. BOSS, yeve. 20. ducks. A Tt 68 7% :%x‘: wie :grng.r‘yflll:gl"" U 66 66 654w 654 Reoke B Ww. S, COR%"YSO& ;’\'.;".S‘EX‘E‘RETT, = = 3% 19% 964 estern Pacific . 93% 94 93% 94 Ew) - CARY T. GRA - F. Other Financial News on Page 4. | 23 (0% el 81k West Shore 1st 4a 3361 83 »3 s 88 R e J. PHILIP HERRMANKN, CHICAGO. October 10 (). —Poultry, clive, firmer: receipts, 8 cars; fowls, 16a24; Springs, 211z roosters, 16; 101% G. PERCY McGLUE, NEWBOLD NOYES, Directors. INVESTMENT MAXIMS Do not expect more than Your .money 1s worth. Do not try to get a profit on principal when you invest. Invest in our FIRST MORTGAGES Ozer a Quarter for the interest they earn and of a the safety they provide. Century > Sra You can then be free from Without a all worry and management. Loss In amounts of $250 and up. B. F. SAUL CO. Main 2100 925 15th St. N.W.