Evening Star Newspaper, July 10, 1926, Page 29

‘FINANCIAL, ' NASH CUTS MELON. Profits Totaling $5,500,000 Split Up by Auto Firm. KENOSHA, Wis., July 10UP).—Profits totaling $5,500,000 were split up by the directors: of the Nash Mo Co, at y their semi-annual meeting at the com- pany offices here yesterday when they ‘established stock on regular dividend basis of G50 cents quarterly per share and declared §1 per share, covering the - first two = quarters of this fiscal year. They also de- clared an extra dividend ol $1 per share likewise on a basis of §0 Cents per quarter. Both dividends are payable August 2, 1926, to holders of stock at the close of business July 29, 1926. The compary report for the second quar- ter of its 1926 fiscal year that after deduction of all expenses, including taxes and Federal income tax, the net ,consolidated income - for the Nash Motors Co. and its subsidiary, the Ajax Motors Co., to be $6,010,824.45. Adding to this the income for the | first quarter, the total earnings for REPORT g" finmow PRUDENTIAL . BANK ‘l'w trict of Columbia. o m:,a'éflxmbiubnuf on i e0.827aL 17,761.49 in the Un ja (omfr than includ- . Excl house I3 BN i i city or tow: B, 3 {ather (llln e 141.35 “’.rnt “six months m*fiu«. Annou t was of elec: on '3 B ol and George C. Lee of Boston to the K3 A locomotive gives four puffs’ for ov:rymmflmolm driving wl REPORT OF CONDITION ANACOSTIA BANK, - m‘h ot the dfl d’m 367,361.10 338638 969.83 | n; 3,113.98 | abor 399.628.0¢ 49, 2,611.4 1,138.1 siig &WJ‘I subject 160.954.62 nn.m:s. Plld in PARK SAVINGS BANK, e s mmd i & 124,750.00 870,710.41 128,761.32 10. Caeh ln vault and ‘amount ‘due 1 281,964.17 ault rom national b.nkl 11. Amount due from State ‘banks, bankers, and trust anies in the United {other ‘than fn- item 10). 32,277.20 61.105.20 items "0, i1 snd 12 .. 8305, 34676 and FL $721.45 items .. 4.587.45 hEE h".'}'fi.d danonu (om. -mgfn fran . 1,341,819.90 Gilt-Edge First Mortgage Notes Available In Amounts of $100 Up On Tprovi a5 Beou n Improvi Mos?ly Medmg Pncedn’ Homes Safety and Service Our Motto —m@h never a loss to'a. dhlt f h single penn; in either :d;ll or mum. Savm s Bank o Eg-"""‘?m 28 SIS ’33&'.. unis. ln- qm*- e G ..,fié'a’-....._i.m L & e == iotser 100.573.34 66,727.25 112,328.36 1144578 12048452 | 35. M“m.‘. 37. Olhullnhlndu Total . District i mw: ’?.:'r”‘?f‘"k“ém%% CONDITION McLachlen ing ation At Washington in the District of Columbia, ummunfi-mn.m REPORT OF -named |swear that the above statement is true to the best of my UNITED S’I‘ATES SAVINGS BANK, Ry B R g oI North Capitol Savin ank 4t Washingtoa, in nmmum—-mmxm , 4624218 88.945.91 100,000.00 $2,085,647.57 ?,uhl.rcl the ot o5 Detors e hie "%F' ol e REPORT OF, CO} coNDITION Columbia National Bank At Washington, D. C., at the close of business on June 30, 1926. % ] discounts, rediscounts, 1. a Loans and .m..nm of other hnlumufm d.-i.m. sold - with nsecured U. 8. Gov nt-ourmu ‘..D-po-u::nz'mu circulation (U. 8. hom lue) b AII other United States Go (heliaing peeminn, it'ahy) $260,000.00 213,521,490 468,621.49 682,166.26 ‘hou: 88,328.50 Lawful reserve with 807,994.63 Cash in vault and amount due from national 163,450.74 . Amoynt due from State banks, bankers and trust com- in the United States (other than included in items 8 l.ml 10).. Exchange for clearing house - e Aing ek (sther than Jtem 12) WM of items 10, ll, 12 and 13 . b Miscellaneous cash i R«Impunn fund Total ... 129,165.02 7,456.78 13,069.25 12,600.00 $4,726,569.45 : Shipiue Tund -0 us fun . & Undivi © Less cumn! expe! $260,000.00 360,000.00 107,953.40 . Ruernd for taxes, interest, etc., accrued Circulating notes outstanding. . Amount due to . Amount due to national . Amount due to State banks, bankers and trust companies in United States and foreign countries (other than.included in § Demand deposits (other than bsnk 4 its) subject to reserve (deposits wlbh wflhm W.x:_.n i subject to 2,375,178.52 S - el u 1773, Total of demand deposits (other than deposits) subject to reserve, items 0008 10 Surplug fund ........ e . $4,726,569.45 City of Washington, Dlltnot of Columbia, u. I, FRANK J, STRYKER, president of the above hnllonl-nnlz ge an Gubeceibed and sworn to'before me, this St day of oy, 1080 HERBERT A. POOLE, Notary Public. Temnt Fimfing A W Rmv(:oneamf " _and Judiciods Um& of y°‘1:' Rental -erty—these are ~our Tt PN? Y e : 2,318.58 - FINANCIA At wmlnmmmmmm ot Colt June 30, 19! Loan lnchdll(nmmunu lLa s ahd discounts g o . ne umum of ml&nu nt this unk s making prompt loans on Washington real estate at lowest current rates, through its local correspondent BOSSEEPHE(PS 1417 K Street—Main 9300 ) - b All other U (incl FOUNDED 1907 in process 10. Cash in vault and amount due from national banks. 11. Amount due from State banks, bankers and trust companies in the United Stat { i 0] 123,988.17 463,734.79 town as’ report- ftem 12), 63,584.86 Total of items 0, 10, 11, 12 ‘and 13) ’l.”.,.fl 4 14, a Checks and drafts on banks (including ammmk)mmumddtyoru-n of repofting. bank « b Miscellaneous cash items. 5. Redemption mnd with U. ' Treasure! U. B. Govarmmnt Other assets, If any. Total . 13, Chlckl on other banks in the same city ing bank (other than Foresight— Judicious investment of surplus funds in First Mor!gagc Notes issued and recommended b: 6% 1A daunders Coze _years standing. Founded 1887 1433 K Street—Main 1016 . Capital uocl; uld 1 3 Cln:uhunx lmu oummflu Amount due to Federal Amount due to State banks, uun&mmtmumnm- cluded in item.23).. 310,807.80 ified 32,408.12 65,390.31 Demand deposits (other than bank (deposits payable within 30 b{l . Individual deposits subject to chec! . Dividends unpaid... depodu)lubmtom items 29, 33 . .$5,483,484.04 = c.rtmc.u- ol dopa-lu (other than for money bonmnl) . Other time deposits The New York Life Insurance Co. Offers to Make First Mortgage Loans On Improved Real Estate in the Dis- trict of Columbia and Nearby Suburbs in Montgomery County, Maryland FOR 3, 5§ OR 10 YEAR PERIODS 512% ==- ON APPROVED SECURITY Apply tes deposits (other than postal savi Wu Loan dopocu account and deposits of disbursing officers. . U. 8. Government securities- borrowed. rrowed of! . Notes and bills Mmonnua. including acoeptances banks and foreign bills of exchange or drafts sold 'I'Jz indorsement of this bank.. . Acceptances executed by other banks for . Liabilities other than those above stated. Total . Wuhllllton, Dln.rlct ‘ot Gululn I, H. L. OFFUTT, cmn of mfllfl‘lfillflv‘flmfihlflhbmmd Jola# EVANS, Jr., SID] ‘WEST, C. J. GOCKELER, Directors. Charter No. 10316. Reserve District No. 5. i REPORT OF CONDIT\ON Federal-American National Bank At Washington, in the Dln.rld of Columbia; at the close of business on June 30, 1926. RESOURCES. 1. a. Loans and discounts, lnclwfllu rediscounts, acceptances of other banks and foreign bills of exchange or drafts, lold with indorsement G s 57 2 dalin An b O o4 AR .....n.m,mu " ol i _ Frequently you hear men say— “If 1 only had.$500—" “If 1 could get ahead of the game—" “If 1 had saved money—" The ability to achieve Financial Happiness is within your grasp. Save a portion of all you earn—Invest it in our First Mortgage Notes— . The amazing results of compound interest at s rate of 6%3% will do much toward making you ue) b. All onm- United States Government secur- ities (including premiums, if any).... 730,917.90 780,917.90 a7 8501 Financially Independent Mortgage Investment Department ON-& LUCHY 32,698.12 . 685,671.79, 91,318.41 14. a. Checks and drafts on banks (including Reserve Bank) located of reporting eae Ruumptlontunlwfihv s.’l‘n-luurudduhvm S. Treasurer . wove 18. Other assets, if any. .. Total ... 10,991.72 10, Capital stock peid in. Your July Re-Investments? . The Deciding Factor IN making your choice between two investments of equal yield, you are certain to select the one which has the highest factor of