Evening Star Newspaper, January 9, 1926, Page 15

FINANCIAL. NING STAR, WASHI HIGHER TIB.ES POBECAST KA January §° ntiefy ulvance in the price of automobile tives of 10 10 15 per cent, although crude ribber is below its recent peak MARKED ADVANCE . INRETAIL SALES Department Stores Recover- ing From Last Week’s Slump. CAR LOADINGS SLUMP. NEW YORK, Januar The total number of the Pennsylvania Rai the week ended January 2 ax against 136,505 in the preceding week and 123,420 in the same week in 0 (Special) rs loaded by FEDERAL-AMERICAN NATIONAL BANK RESOURCES, $14,000,000 1315 F Street JOHN POOLE, President BY C. ROYLE. Special Dispatch to The Star. NEW YORK. January of buying has had a remarkable bounce hack from the normal post- holiday slump. This has been appar- ent in both the wholesale and retafl | fields. Department stores fn most sec- | have dune n most satisfactory in the last week. This has d 1o no little degree from well | intained newspuper advertising. | B trend of such advertising has | undergone sharp change in some | sections, however. During the holi days many s wimed relling an fdea, primarily the gift idea. At| present they are directing their adver Hisin selling definite articles results production and dis week has been we m norms 9.—Volume First Mortgage Notes For Sale In Denominations of $100, $250, $500, $1,000 AND UP 637 Interest Secured on D. C. Real Estate Wm. H. Saunders Co., Inc. Eatablished 1887 1433 K Street N.W. excellent me for FIRST MORTGAGES FOR SALE Denominations of $250, $500, $750, $1,000 and Upwards 6% . All Toans Made on Property Located in the District of Columbia JAMES F. SHEA 643 Louisiana Ave. NW. \uto Pric the prese <) d that o a week from - automobiie factories | s resumed after in- 1%, and Detroit indus emplovient rose sharply to workers. thy is the ste MONEY TO LOAN on District of Columbia and Maryland real ate. Hea is adjective which hest | on. Demand | e regular, mill | prices are re < the Soft Coal Booming. 1 production is rising again high, and the shows no signs in the settle acit strike has pro e hard rellef ny lines in ally at a stand- Prevailing interest rates, no minimum charges. t deed of trust notes for Gardiner & Dent Inc. 1409 L Street N.W. Mnin 1884, measures hat territ et Ruflding < have heen steady and in nal demand, with sharp increases in new lumber orders smaller shipments and produc. Closing of mills for overhaul | in part for small produc First Mortgnge Notes For sule. Conenlt us if you have ailahle funds for investment THOS. E. JARRELL Member Washincton Real Estate Board NW. tion Copper sal tion are imy mand is for domestic consump- ing, and a good de ed for the red metal | ) come. One of the took 1,500 some telegra ries this weel s firm and close held nd silver are quiet and pped 1 cent a pound 321 10th St Main alu oy Mrwflzfln’ The F.H. Smlth Co. 1 .,,my.mh&ml (1] S»mhflu ing. R IN 53 YEARS BEPORT OF CONDITION NORTH L \I’lTOL SAV l\( At Washington. in At the close of Dush RESOUR( sans and discounts. in- onnte ar Gther Prune Market Strong. Cuban workmen have wk. and sugar prices nticination of a_ big re selling far ahead dried fruits: Florida < have increased with e & in prices. berries high Other grocery lines ventory taking showing slow although anles still have far to go hefore profits are to their liking. Cot ton cloths showed little price change during the week. silk prices are very firm, but for the last three days trading has been quiet. Wool closed the week slightly off as to price, but with increases in buying. Rubber did lirtle despi tation over the supply situation in Congress Electric and railroad plants are busily engaged on orders carrlfed over from 1925. The United States Department of Labor today is ed a most optimistic forecast for maintenance and expansion of em- ployment in general during 1926. (Coperieht. 1926.) TEN INCOME BUILDERS. Rules and Regulations Given for Thrift and Saving. In an effort to help income buflders, the Magazine of Wall Street says: 1. Analyze a security strictly on fts merits as an investment. 2. Do not sentiment, friendly persuasion or relatives’ advice influ- ence your investment selectio 3. Do not buy stock in a company vou are working for simply because of that fact 4. Put your first banlk for criergencies 5. Take vut huilding and lean stock at the ra $10 4 month, increasing the amount as yvour income increases. vibe 1o a good financai ne and become familfar with ancial terms. 7, When vou buy a security ascer- tain whether it is the proper time to fnvest for a long or short term. 8. Provide yourself with a finanofal Ifbrary of good hooks on securities and investment 9. Do not avoid invesiments because vou are afraid some one might accuse ou of heing a “capitalist.” Lie a saver as well as a spender. A Your Banker, Knows. in doubt about a security our banker. It is equally as h his interest as vour to protect vour savinge. You trust him with vour deposits—why not trust’ him With your investment problema? or drafts. with indo sement of hank Overdrafts seid unsecured $362 94 S Government secuif- tins Gwned b AIl other United States Government securitie (including premiums, i any) A Other biride, Curities, ete. Banking hou $1.025.265.84 438.17 equipment 6.000.00 212.400.53 stocks. “se- 66.923.26 17.106.27 09.803.07 Cash in vault and amount due from national banks . Amount due from _State banks. hankers and trust companies in the United States (other than in- cluded in jtem 101 5.627.29 Total of i 10 “and 11 10842036 b Misealianectis cash 1temns Total LIABILITIES . Capital stock paid in. Surolue fund 7o ndivide [t riified chec outaianding Total of item Demynd” " devgsiter " (other mand” " deosita " (other n.'m bank deposits) mib- Ject to ressrve de- Dovita Bavabia within 30 v - Todi¥idial depontts sublect vidends nnpaid . otal of demand’ d» gorits (other thau bank leposite) sublect, to re. 82330 $1.434.386.73 £0.000.00 45.000.00 10.018:20 1556.47 let $500 In a savings 1 g a0s by Tigie deposity sibiect to te serve (payable after 30 daye, or subject to 30 duys or mor- notice, and poatal savings . Certificates of deposit (other than for money borrowed ) - Qther tme depisiis) Shits gam 8.5 $1.484.389.73 § LD E of “ime. bject to re ‘and 85. Total .. City ot w;.?.n.m.. Bistdet 1. THEODORE MICHAEL. president of the emnly gwear that all’l!;l'!‘tfll 13 (’ru‘ to the best of ODORE ICHAEL, Prosident, to befors me this m;w abovenamed BNk, ot ROBINSON Notary Public, D. 11888 3. the above my knowle A When Seal ) L5 eo m Directors. When Placing Your January Funds Be Sure That They Yield Not Less Than Whether you can get this rate of interest un: be cerl:in ornfd;he ufe;y . of your priacipal depe entirely First upon who and what are back of the Mortgage investment. Notes we are offering at this rate of interest are ample se- curity for the loans, and are backed by our own conservative appraisals. Ask Our Mortgage Investment Department for Details HANNON:- & LUCH 713, 715 and 717 14th St. N.W. Main 2345 The road system for was 126,923, werve District No_ 0 rEpoRT OF ik CONIINION ov THE MERCHANTS BANK & TRUST COMPANY ARTR s s o bt o RE! RU 1. a Loans and discounts, in- H cliding redisconnts, | Ceptumees "of other hanke "”‘".1” N o Indorsement of thi ! t ot ¢ Dec. 31, rities. il irniture and fixiires . Cash in vault and que trom national banke rount due from — State ks hankers and_tru panies n the Dol States (other than in- elhudad in item 10} S Total of items 10" and 11 ... .SA4A 831 08 b Miscellancos cash items e | 750.851.22 PR.TTH.AG 1.095.18 93.090.81 7$0.520.026.02 $1.000.000.00 250.000.00 49.485.30 due to State bankers and trust in the United foren cou Amount biniks, mpanies Ntatex wnd tries Fified 1k shice s Checks oulllumi~ 287.003.69 chiecks” outatand- T 11,867.04 ankc depoxits) sutb. reserve (deposite in 30 days) deposit s 0 Total ‘of the “drposits subject resarve (navahle aft days. or subject 10 4 re notice. and postal . Othar time denosita Total of time drposite s 10 resirve. items Liahifities other than those above stated Total ... Washing: D L E RICH. treasurer of the above- do sulemnly swear that the true to the best of my RICH. Treasurer, to Lefore me this #28. HARRY"3 DoNoGHUE, Notars Public. D. TER A_ DRURY P HARMAN. Jr, DS nuimn« bank o state wledge E 3 Subscrived wni sworn Sth day of Jan: (Seal) o Correct—Atis " Directors. Charter No 1078 Reserve District No. 5. REPORT OF THF CONDITION FARMERS AND MECHANICS' NATIONAL BANK At Washington. in the District of Columbia, | At the closs of business on December 31, 1025 RESOURCES, a Loans and_discounts. cluding _rediscoun ceptances of other . Overdrafis. unsecured S. ‘Government e ties owned a Deposited to Tnited St Governm securities (in- cluding pre. miums, if any) 5. Other curities, ste. 6. Banku 355 4 fixtur 7. Real 358.792.10 1.224.606.43 379.327.23 40.269.80 1 > Bank 212.589.01 9. Ttems with Federal Reserve Bunk in process of col- lection . 10. Cash in vault and ‘amouni dile Trom national banke . Amount due from State banks, hankers and_trust combagies in the United States (other than in- cluded in items & 35.253.63 131.750.55 and 10) 12. Exchanges Bous o . 13. Checks on other banks in the same city or town as reporting bank Yol o lhluz l,l-l;n 12) o otal of Hems 12 and 13. szba mu 14. aChecks and [ cluding 8.396.99 51,174.08 ‘tor 7.206.25 in Fed: ed outside ot city or town $6.037.50 T e 14.407.07 15, M'm tion fund with T7. e U e e 49 18. Other asee Total 12.500.00 768 43 BILITIES. $4.382.074.43 L1A S-Mul stock paid in it . o I T288.600.0 dlv lod J rofits $100.000.00 rerv T losses s nd depreciation.. 51.11513 — . 1sm11513 25.931.80 240.700.00 esh, ete., acern 2L Cvr‘ruhnnc notes outatan ng X 22. Amoini G fo Federal Rel werve B I d credits) 24. Amount d banks. bankers and trust companies in the United States aud foreikn coun- tries (other than includ- ed in item 22) . 26. Certifiedl checks outatanding 6. Cashier's checke outetandin Total of items 22 aud 26 3iv A8t Demand -pe.u. Sther than banl Ject Lfl rvrrv. @'Y' le within 30 27. In idual deposits llbllt‘\ i 11.814.59 Divldeldl unpald * . ’“’!8:12823 Otht l‘r demlm\ de Do 4.578.45 RO T ag sie ‘subiect 'to (pavable " af AYs Or subject 1o 31 iars % more Botice 33. Cort !fn“" of depouit (oth- r_than for money bor. rowed) Y . cashier of above 'fll!l;ehfllo l:u‘hmn i .=!n ra koowledge sod belief. > ' e snd_swors 1 Detine e Thie ‘(‘ )t clfi'x;{lhnfi ‘;?:".‘::"m:;‘ Currect—Astes At e of my REAL ESTATE LOANS 517 Bt RESIDENCE LOANS AT LOW RATES FRED T. NESBIT NGTON, REPORT OF CONDITION SECURITY SAVINGS AND COMMERCIAL BANK, At Washiugton, D. in the District of Columbia, at so of business on December 81, RESOURCE: L. aLoans and disounts, in- Ciuding Tredisggunte; s ‘eptan orher 4 foreien hiln of exchange or " drafis 1514 with indorsement of % Qrerdrafts % overnment” saciiri- tfed o nn"" it b Al “ohar Vinited states Government ecurltin {Including premiums. 049,950, " 387 55.349.59 B72.444.30 x 3 290.240.40 in vauls and Smouni due from national banks 252.414.42 Amount due from Stste * hanks. hankers and trust companies in the Unite Statea (Gther than in- cluded in item 10). 6.639.20 Exchanges for clearing 118.183.44 LIABILITIE! . Capital stock puid in.. Surplus fund . L . a Undivided profits . werved for tuxes eal. eic. accrued . Amount due banks . Amount hank; $200.000.00 176.000.00 7.993.20 32.510.02 1.598.50 to natfonal i bankers and trust ien in the United nd forelkn coun- tries (other than incind- Cashier's checks Totul of items 8 Kibatns Corker bank devositn) To remerve td Idual deposita suhje: cherk 2 2 Deposits reghiring notice, hut Jess 0 dare 00.700.51 RO0R (10 mand deposita than bank de. atihiect Tume deponi 30 days o Hayaor more hotice and avings) 0s 0f deposit (oth- o thau for money bor- owed) ... . Other time depost Total of time deposit Ject 1o remryelie: . Bille """M' including all obligations rrpresent ing money borrowad oth- er than rediscounts) .. 200.000 00 Total ...............$5.405.36341 Washington. D’ ¢ I SAMUEL R.'BAULSIR. cashier of tha above-nemed hank. do solemnly swear that the above atatement is true 1o the best of my knowledge nd belief SAMUEL R. BAULSIR. Cashier. Jupscrined and worn, to ‘betore me. this 6th d of January. (Seal.) M~ M. _GUSDORF, Notary Publie. Correct—Attest: et o/ SRans LACREN() F_ G _AD] v TOWNTEY A MeR) FRED McKEE, 248908 82 20908’ First Mortgage Loans Lowest Rates of Intersst and Commissien Thomas J. Fisher & Company, Inc. 138 15tk Strees We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of interest. Should you have Money to Invest —we can also take care of vyou. Our experience, ex- tending over a period of Thirty-Five Years —insures your protection. Percy H_ Russell Co. 926 15th St. N.W. D. C, SATURDAY, JANUARY 9, 1926. SAFE 'E'm'.—s:‘m 2 P | G140 | First ortnge First Mortgage Notes Secured on D. C. Improved Real Estate - In every inatance these loans are based on our usual conservative . valuations, and we have invested our money in them. , ‘Moore & Hill, Inc. 730 17th Street N.W. WE FINANCE ~—all classes of income-producing property Large Loans a Specialty Ourrent int. rate and commission Higbie & Richardson, Inc. 816 15th St. N.W. Men'y to Loan Sacured hy first deed of trust on real sstate J Prevailine mhnll lml Mmml‘lflm oseph 1. Weller 4 | | Reserve District No. § REPORT OF CONDITION Of the American Security & Trust Company At Washington, in the District of Columbia, at the close of business on December 31, 19 RESOURCES. - & Loans and discounts. including rediscounts, acceptances of other banks and foreign bills of exchange or drafts, s0ld with Indorsement of this bank. -$19, . Overdrafts, secured, § unsecured, '$15,.835. . a Customers’ liability account of "Acceptances this bank and by other banks for account of this bank, and now outstanding . U. 8. Government securities owned b All other United States Government securitles Gncluding premiums, if any) . Other bonds, Stocks. Banking house, $242 . Real est . Cash in v . Amount panies in ftem 10) .. . Exchanges for clearing house Total of items 10. 11 and 1 . a Checks and drafis on banks (including F Reserve Bank) located outside of city town of reporting hank .... b Miscellaneous cash items .. 44 2,618.89 03,206.99 securities, etc 444,62 314 furniture and fixtures 1,669.016.45 000,00 49.30 ther than hi |l\llm house . ult snd amount due from national banks 8 due from State banks, bankers and trust com- the United States (other than inciuded in 1,187,669.99 4.542.90 5. Redemption fund with U, Treasurer . Other assets, & Treasurer and due from U. 8. 1,000.00 317,489.70 eeewmsscscaacseansas.$39,343,77 it any .. Total .53 . Capital stock pald in . Surplus fund . & Undivided profits. b Reserved for dividends. Reserved for clerk’s pension ¢ Reserved for contingencies. .. $3,400,000.00 2,700,000.00 . Reaerved for taxes, interest, etc., accrued Amount due to national banks ... . Amount due to State banks, bankers and trust companies in the United States and foreign countries (other than included in item 23).... . Certified checks outstanding Treasurer's checke outstanding . . . Total of itema 23, 24, 25 and 26.. £576,297.23 Demand deposits (other than bank deposits) subject to re- serve (deposits payable within 30 4 Individual deposits subject to check. . Certificates of deposit due in less thi for money borrowed) ....... . Dividends unpaid . Other demand deposits, trust deposits Total of demand deposits (other than bank deposits) subject to reserve, items 27,28, 81 and 32 ............... $19,177.628.11 Time deposits subject to rese (pay 30 days, or subject to 30 davs, or more notice. and postal savings): 3. Certificates of deposit (other than for money borrowed). . Other time deposits Total of time deposits subject to reserve, items 33 and 35 ... .$12.575,888.94 . United States deposits (other than postal savings), fn- cluding War Loan deposit account and deposits of United States disbursing ‘officer . Acceptances executed by other banks for account of this bank Liabilities other than those above stated . 228,301.33 182.026.45 4.383.54 161,585.91 17,837,096.37 188,236.33 2,202.00 1,142,493.41 8,000.00 2,818.89 4.168.90 Tqtal $39,343,774.53 District of Columbia, City of Washington, I, 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 bellef. CHARLES E. HOWE, Treasurer. Subscribed and sworn to before me this 6th dly of January, 1826, (8eal.) ‘WM. H. DORSEY, Notary Public, D. Correct—Attest: €. J. BELL, JAMER& M. GRBEN, CORCORAN THOM, JAMES F. SHEA, G. PBRCY McGLUE, GILBERT H. GROSVENOR, C. A. ASPINWALL, HOWARD MORAN, WM. J. FLATHER, Jr, J. PHILIP HERMANN, W. 8. CORBY, WILLIAM W. EVERETT, J. C. BOYD, GEO. W. BROWN HARRY K. BOSS, CARY T. GRAYSON, HOWARD 8. REESIDE, B. F. SAUL, CLARENCE F. NORMENT, M. G. GIBBS, 46. Directors. AchieYements in Safot Radio-and Realty the 8. S. REPUBLIC colfided ; ; with the S. 8. FLORIDA off Nan- tucket in 1909, the first “C. Q. D.” ever fleshed was directly responsible for the saw ing of 1,500 lives. This message—sent by the stcady hend of operator Jack Binos— catablished Radlo 18 & meritme Sufoty tncasare, In 1869 Swartrell, Rheem and Hensey Company cstablished an important Safety Measure—put into force a policy of selling only sound Firet Mortgage Notes on im- proved Washington propertics. Today, 56 years later, the same sound policy is still fxithfulty followed, As 2 result, your-money invested @eough BSwartscdl, Rbeem and ! Charcer No. 10316, FINANCIAL. 15 e REPORT OF CONDITION OF the Federal-American National Bank At Washington, Reserve District No. 5, in District Do the of Columbla, at mber 31, 192 the close of business on RESOURCES. 1. a Loans and discounts. including rediscounts, accey her banks, and foreizn bills of exchange or dr ith indorsement of thix hank - Qrerdrafts. unsecured . U. vernment securliex owned a D-pnnllrd to secure circulation ({ value) . . b All other ancex of fis, sold $9.019,315.96 44587 £. honds ..$50,000.00 750,985.13 % 4 3 660,923 545 . Banking house, $457,000; furniture and fixtures, - Real entate owned other than banking house . Lawful reserve with Federal Reserve Bank. - Items with Federal Reserve Bank in process of collaction . Cash in vault and amount due from national hanks : - Amount due from State banks, hankers, and trust companies in the United States (other than included in items 8, 9 and 10) 2. Exchanges for clearing house. " . . Checks on other banks in the s bank (other than item 12)..... o Total of items 9, 10, 11, 12 and 13.. -$2,156,268. . & Checks and draftx on hunks (ncluding Federal Reserve Bank) located outside of city or town of reporting bank . . Redemption fund with . Treasurer and due fr Treasurer 5 6. Other assets .. 14,864.23 2,500.00 76,795.04 Total .... .$15,338,504.47 TABILITIE . Capital stock paid In. Surplus fund . a Undivided profits b Reserved for depreciation on bonds and se $1.200,000.00 £00,000.00 urities 4, 4178 - 208,214.90 35.440.42 1000.00 170.746.30 326,943.49 . Reserved for taxes, interest, etc., . Circulating notes outstanding. ... Amount due to Federal Reserve Bank (Aeferred credits). . Amount due to natfonal banks ... . Amount due to State banks, bankers. the United States and foreign countries ( in items 22 or 23) .... Certified checks outstanding . Cashfer's checks outstanding Total of jtems 3. 24, 25 and Demand deposits (other th (deposits payable within Individual deposits subjec Dividends unpaid . ... Other demand deposits e Total of demand deposits (other than bank depos its) subject to reserve, items 27, 31 and 32...$8,881.493.63 Time deposits subject to reserve (pavable after 30 davs, or sub- Ject to 30 days' or more notice, and postal savings): Certificates of deposit (other than for money borrowed) Other time deposits .. 5 Postal savings deposiix Total of time deposits mubject to res Items 33, 35, and 36 ©... 32714971118 37. United States deposits (other than postal savings), including war loan deposit account and deposits of United States dis- bursing officers Bills pavable (including all obli borrowed other than rediscounts) .. acerued trust companies in her thun Included an 234,530 5 22,447.42 > ... 56303.09 $513.970.88 t to reserve . 8,784.852.81 32,009.5 64,631 33. 35. 36. o 394,989.08 « 2,256,012.06 . 63,768.12 ve. 134,613.48 41. 600,000.00 .......... ceenes.-$15,838,504.47 District of Columbia. City of Washington, se.: 1. CHAS. D. BOYER, cashler of the ahove-named hank, do solemnly swear that the above statement is true to the hest of my knowledga and belief. CHAS. D. BOYER, Cashler. Subscribed and sworn to before me this 6th day of January, 1926. (Seal) MILLARD S. YEATMAN, Notary Publie, D. C. Correct—Attest: JOHN POOL! WM. JOHN EYNON, W. T. GALLIHER. ALBERT E. BERRY, HARRY KING, RALPH W. LEE. RALPH JENKINS, GEO. E. WALKER. WARNER STUTLER, ISAAC GAN LEON TOBRINER, WALTER A. BROWN, T. C. DULIN, LOUIS MAC KALL TRWIN B. LINTON, ALEX. BRITTON, JOHN T. CROWLEY, L. PERRY WEST, FRED 8. GICHNER, BYRON 8. ADAMS, MYER COHEX JOHN H. CLAPP, ARTHUR D. MARKS, JAMES BROWN SCOTT, WM. KNOWLES COOPER, THOMAS P. BONES, JOHN L. NEWBOLD, Dlrederl 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. 52% ON APPROVED SECURITY Apply DALL,H. HAGNER & COMPANY MORTGAGE . LoAN GORRESPONDENT 1321 Connecticut Avenue Telephone Main 9700 Houses Apartments Business Properties Office’ Buildings OF NEW YORK FIRST MORTGAGE LOANS Apply to WEAVER BROS. Realtors 808 15th Street N. BEHIND THE MORTGAGE First Mortgages on real es- tate of established worth are securities of recognized desira- bility. Behind our 6v%2% FIRST MORTGAGES —are real estate vatues that careful Investigation has proved will fong outlast the life of the mortgage. Your princi- pal thus invested is safe. Behind the payment of your interest is the experience of this prganization, with 2 repus tation fog safeguarded, producs tive secrrities, B. F. SAUL CO. Ma.\ts 2100 925 15th St. NN\W,