Evening Star Newspaper, January 8, 1927, Page 25

FINANCIAL. THE EVENING STAR, WASHINGTON, D. ., SATURDAY. JANUARY 8, 1927 FINANCIAL. [ | 1 H ! PRICES ON PARIS BOURSE. GET OFFERS FOR STOCK. SrE— . . i { | Saliske aniiy gl W o e clirondinie INAN Provident Mutual Life IRADING Sl_[] VER '| NEW YORK CURB MARKET BUl_I_S UP"M'S"B Ty e o NS g e || B e e Competty | Received by Private irect to Th Offi per cent re 4 ) centim Prodiict (‘oke Co. are being offered Lar; ! y Wire Din oot Sxchang London franes $100 re for their holdings by | ge Loans a Specialty Funds to Loan 4 fox < franc 0 a_shar | Current int. rate and commission i Skl o Ve Ansouns centimes: 5 per cent loan, 62 francs. | Allied Chemical and Dye, which owr L a3 lN NIER MARKEI BY WILLIAM F. HEFFERNAN. I‘erlim-alss dealt in on the Stock Ix N WHEAT U .”-UUK The dollar was ‘quoted at Sranch)| aBouE- 76 DO COntof. (o #E0cKk: Higbie & Rn:h.rdmn, Inc. at §': Per cont. NEW YORK, January $.—Through- | continued active at fraction | 27% centimes. | . 7 a3 WM. H. SAUNDERS Cu., Inc. . e o i 17 Righer. peicen | ora | :""h‘:‘?u“]"“;“* h-“ ";'! of the week |3, il P Gere fractionally lower, 2 Lo REPORT OF CONDITION i npt Actton. 133 K se. N Main 10167 3 ¢ rh Exchange the price move- | but the offerings failed to bring out ¥ Of the Opening of Shad and Her-|ment continued irregular, with in-|any great amonnc of real nquidation. | Lowest Prices of Season, WASHINGT! ()\' Fll‘YSLMt‘nl't‘ga‘ge, lL()ll'll»j OU'LL BE GLAD awest Rates of Iuterest and Commision d terest centering in a number of indi- [Ohlo Oil dropped below the 61 level, 3 J . vidual specialties. StundRia st il dor. 6 . | Thomas J. Fisher & C , Inc. YOU SAVED ring Season Is Feature in | ™“Fausbosetie 1 e nrst e n | St best dnains, 00 wnder 1| However, Mark First Week |, 33} ING L S YO MONEY . Week's Business. ‘; When You Go South | the new Vietor Talking Machine [hand worked fractionally higher N Y a close ot bush | pre d and common, to be issued =Relter-Foster continued under pres 0 ew year, ! M 2 . i oney to Loan in Winter Mortgaze nimh the proposed plan of reorganizi- | sure, breaking throush the 14 level : i, tion as announced by bankers who re 1ot low-priced util ocks ‘were B g 4 v S Secuad by first decd of truet on real eatate. | i - ~ AN Business has not been particular ‘!Nn\ Dte it £ b hiton | iCiian oall| ol SinenceT Y the et keils whieh |/ PY s Atmtisied Prems. | b ' ’ °’°P - Weller "5 050 6 £ Nowe brisk since the cluge of the Christ hands at 88, while the old stocks |mich Ishues as Commonwealth Power, | CHICAGO, January 8 —With wheat| Loliday season. according 1o state- | moved forward from 154 to 157 before | Glectrie Bond and Share securities, | (292 B ments of dealers, and 1L is not eX-|profit-taking made itself felt \merican Gas and Electric, United | “XISting @ B0 S dnEs Y Yected that there will be much h"rl;‘ | new Texas and Pacific Land | Light and Power class A" and|confide Ll e ng before next Saturday, mid ust stock shares to be fssued in the | United Gas and Iniprovement contin. | V¢ discounted : ¢ YEDREHEE O monii . Open Winte weather | ratio of 100 for each of tha & el el i e At not this proves corre n outstand . to plentiful sup ach of the land trust | ued to be purchased. ing feature is that lowest prices so i 3051 dstuffs, there ; s season have marked the first Al il amoun e haar | Tollowing s a list of bonds and| Serviin: o ABDRE. Koy s | 1T (s, sedson i g 1 amount States could he of “lm'ks traded in on the New York Serv pfd 1 : W for a >‘.ul’!dpn'?l."”‘ Market today that are received |gqjey INDUSTRIALS. |in hundreds. Hizh. season for shad and | ' Ala Gt South DIJ 130 the week's business | Alum Mfs E e Sta , k) ‘ g ish Marl frozen 4 shad coming from the Far Northwe: and fresh-c shad and hercing ming from Florida. Frozen roe <had | the State of Washington sold S a pound and bucks at 25 | e e 1t the opening of the season,| 3 ginetanw 8 whils the Florida fish sold at 60 and = " 40 o« s, Cheny Py are expected | o) ail the One of the most interesting features Investments Charter No, 342 Reserve District No. REPORT OF CONDITION OF THE NATIONAL BANK OF g WASHINGTON Retnen 64,8580 pther than | | nbla Synd H 2 this morning showed declines-—wheat o 2k ol P P b 15 to 1%&: corn, % to 1, and oats, 1 St Lt | Y 1. Trovisions were 7 cents (o[13. Checks on other hi g 1. a Loans and discounts . - §6,688, Overdr unsecured . December 31, 1926. | 6 l/ RESOURCE AT e 2 0 0% higher v B 31286 that bearish Totar ',, et SRR O i nment securities owned: i MATGREE hEN a Deposited to secure circulation (U. S. bonds, | | some wrs that the final par valu seseaun s ceen. $700,000.00 TN él S | lowest prices of the. season will be LIABILITIES . b All other United States Government securities SH.\NNO.‘_ LUCH ; al stock haid in £100.000 0¢ h s ) | made about the time the crest of the I mEL 100 ;mj;:m‘ (including premiums, if any) : 1,87 00 = o | 13, 715 and 717 1th St [ ! 1 Total ... s s by PR X { Main |to e about when thes after-Winter | nd ST e 0000 | 4. Other bonds, stoc 0 o ndition of the mew North American Subject 1o | 6. Banking house, $445,000: furniture and fixtures, $55.201. | crops can be determined to a fair ex H 5 abic } . Real estate owned other than banking house . p i | i : ! A look have 14 | m gas & Rl g F X h already heen reflected, is a feel Sl | i i i i t o 5 ailigreinl | by g Compared to a week ago, all grain [ a l At Washington, in the District of Columbia, at the close of business on 1 | | Argentine export movement fx wit | nessed. That perfod is also expeeted | %5 Gerbiied ches outstinding ZUSELET REFRAEES | | 1 | tent. Meanwhile, the domestic visiblc Lawful reserve with Federal Reserve Bank ... . of the week's market was the ap-| SRR “ 2. 1 It b | supply is decre nd there n 1eck . Items with Federal Reserve Bank in process of collection preciable decre in the price of| 1 e : | material pressure 1 rom cash wheat m| - unwa i 040:00 Cash in vault and amount due from national banks . eggs, a drop of from 5 to 8 cents| ‘ent Lea n’wi ! 4 the United States anywhoere i dapourier Amount due from State banks, bankers and trust companies k an A wi 3 4 STANDARD OIL ISSUES | Much interest has beerl aroused by Jubiect i Tenia in the United States (other than included in items, 8, 9 and having been reported during the past | X or two, and eport a Nip A i p sos, |2 bullish statement from o widely JENEy 10) ability of still further reases 3 1 1% i | 4 known Chicago speeulator concernit a i changes for clearing house . s s d i 314,218.. : » L e ; ATt ! e Wheat Siuation. The ‘Satsmen i 3. Checks on other banks in the same city or town as reporting Listed stocks and ereased receipts of the hennery prod- | 4 jm,y',,“,,, L y ¢ [came as a s s to the majority of ays ) v | bank (other than item 12) ..... IV DU B R £ | 5 Sl AR i E | Totat of items 9. 10, 11, 12 and i3 LIS bonds bought and uet wr principal fac umberland’ P L 108 5 A slicited Jus comment reka P I X FOne impa 1 authority pointed out in b Miscellaneous cash ite 1 s | 2 i Ol &R 80% 80 this connection that during the clos 5. Redemption fund with U. § : due’ from U. - OMITISS at 36 cents, de s T y ! 2% Curti ‘ B 50 10T, 196 ¢ g 5 ing days of the weck there was in " Treasure 2 nIkn EIENAR R 3 5 sold on commission. demand f e k is i be 1:’,5;‘,1‘,"' §OCan 1. (asde sing evidence that general senti- | s pail ; H | 18. Other e ke Drop. 5 bt [ % 6L irding wheat is more divided i . 7 iat e : AL Trans; than has been the case for a number ot Total v prices have underg izht i i 4 N 5 : Sodlibimtions P! :"R".L(\ e % e i 2 K 1000 P 0 - ] Cor and « have been depressed B nd geese e I o Fajar g 1 000 S O Tn by the stocks of corn in store pital stock paid in ......... R G R R 1 J g i i A this week. The demand for them ha iy ! y : a LN T Gl R L L e e G 1osec0 il on a conservative 1ot Leen great. howeve a probably : X 2 2 > ka'n st han 4 large movement of | the g ar_tha fided pr . 7 . . H L L ng | 3 A 341 4 d hand, the expected large movement < "ot | 21 a Undivided profits e 4 2 , ¥ 5 SR e e oming | RS : 400 Varui i Pt corn b Gatled to Aevelop, and | my knowibgs. and bl 1135 hreserved for taxes, interest, etc.. acerued ... lii ... b | marginal basis. week. M their Einen Chas. ol 3 A the fact that the corn borer has been -"[“';",:"‘_J”; A warer, 193] Circulating notes outsfanding i 700,000.00 O e i smotex ak 13 1 y found in Illinois is receiving due. at-{5th day of Jaunuary, 1¢ s Amount due to Federal Reserve Bank (deferred credits) . 109.0° e L S Er ! A s 1828 1] 5% | tention. s A3 1 ‘Amount due to national banks .. i 12, e R 37§ h : & el Provisions have heen responsie to Mg o Amount due to State banks, banke : Ly Ereal Gt R ] a v &k the action of hog values. i in the United States and foreign countries (other than in e | it er, may be 2 means o A %3 Tam 'ifi,lm‘.‘” 1 : . Tiigy, i aaRRELL e e ks e ¥ g 27, Certified checks outstanding fncreasime the demand. 3 Goodvear T4 ; 3 Am WA - e sl atrly good demand for most food e ) ¥ an H ‘WHEAT SCORES GAIN Wi he | Cashier's checks outstanding S 5 g 9.941.39 | || stuffs was evidenced by today’s early 3 Ha i o F %, Bitrim be ol 0, Directors Total of items 24, 25 : I ARRIMAN & 0 morning trading. DBuyers were out in [ b b { $h. 103 7 1045 i - Demand deposits (other than bank .mnmt ) subject to reser | | fairly larze numbers to get first pick it e Hr i T ON MILL PuRCHASES‘ ! (deposits payable within 30 days): | | of supplies, and wholesalers were able Horn & Hardaii be A ¥ Charter No. 10316, Reserve District 29. Tndividual deposits subject to check ......... 49455197 | || Members N. Y. Stock Exchange , to fill thei mand: 1Int Coner Ind 4 3 a7 5T S g 1o & Dist Vil der L to ¢ < . Ay sors B e einnt “xfin ror 129+ 101 ; ¥ L g 2 i ORI | 30! Certiticates of deposit due in le NEe e e - )st_other days, deale Tohn Besni i FEDER money borrowed) ... i e 3 . i b k] i { Advance comes esplte asier - ) “ I\"\J e 23. Dividends unpaid . S . e b . & ; ting in supplh i A them over (!‘u!'::;‘)r 5 2 11 3 < - . Other demand deposits . Apple Supplies Li 5 | oh Coal & X 1 Gl b posits) subject to reserve, items 29, 30, 33 and . . ARRS S - S b R T mhiiare: NATIONAL BANK 5 5108670045 | the local market, and the ons Jo Lo o 1ag ¢ 138 ¢ 138 4 : 3 —_— : 1 729 lsth St. N. w. R H i 8 i . S on December 31, 1h subject to 30 days’ or more notice, and postal savings | throughout the country is Marmon Mot. .. 5 2 E K | By the RS, e . | 1 dccora SR B - % 10: * | CHICAGO, January S.—Despite | 1. aLoans and discounts . Postal savings deposits . ‘ | 1 s i | Accounts carried $1,050.000.00 | ‘ We Invite correspondence on securities 61.99 | Telephone: Main 1605. ey i Land, Co' Fis ] Cables—Speculating Demand AMERICAN Total of demand deposiis (other ¢ WASHINGTON OFFICE i supplies of apples continue oh val ¢ 5 Time deposits subject to reserve (pavable after 30 days or quantities of the fruit in storage | 6% Mad Sq Gar A ted P her t 1 t ssociated Press. C 37. Other time deposits .. 9,74 | mean thera will be no scarc-| | b v 789,74 §tv of it during the remainder of the MerShoad, By 80 o 3 Hood g;;:; '1” s 102 AR e o i rediscaunie e Total of time deposits subject {0 reserve, items season. Only a moderate demand for i Atk SMh 8078 Ind e s o L I ceptances ol othier and 38 ......$3,552,151.73 the fruit dlted in slow moving. ST ek y 3 Gs 42017 100% today, enlarged speculative demanc bill AL 3. Bills payable (including all obligations representing mone; Prices ranged from as low as 50 cents e 82 3 n F NG s W 1011 10135 1 4 | proving of sufficient volume to care drafte, borrowed other than rediscounts) iiiaiiedess T ANUAMN0G @a bushel for unclassified stock 1o §5 @ t Bub Ser er Paper s, f"‘;l"”"‘"“:‘ &S, “‘“-" “I‘I"‘l;‘l“t‘*““‘ “ o] t 285 +| 48. Liabilities other than those above Stated .................. 008.11 @ ey 3 4 Pub _Ser. e 2 with being among purchasers of| * : e B e Rt Suc B X future deliveries. Opening unchanged 5 T s Sa U/ $12,086,565.50 Moderate supplies of rapefruit, Northe Pow aclede Gas .)‘q!“ll"fl 101 1 5 = lodera 0 gran | orthe Pow n.. Shigh 15 0 A %1% [to % off, wheat soon showed gains. 0 E City of Washington, District of Columbia, ranges, tangerines and cranberri . e 5 « £ i Were reported ant the market was re r e 47 FeRg 3 Corn and likewise developed a : 1, J. FRANK WHITE, cashier of the above-named bank, do solemnly ted dull. Practically no additional y Sec Manit P A 08 k1, | firmness, corn starting unchanged to swear that the above statement is true to the best of my knowledge and belief. s of strawberries were i | Ohbio Sec war, i 2 4 B g 3% |14 lower and rising to well above 3 J. FRANK WHITE, Cashier. The ber ind slow sale T A e b B f #51, | vesterday's finish. Provisions were L vt ™ 55000000 Subscribed and sworn to before me this 5th day of January, 1 the great majority of con hilip Morris A’ 3 easy AL S Eher (Seal.) - EVERETT H. PARSLEY, Notary Public. N sumers not taking hold until the fruit | Pills El M Inc. X 2 Nov St P 3 2 104 104 Wheat trade appeared to be largely S LRI Correct—Attest: comes in larger guantities and is wm oo & a Nat G ¢ % a reflection of bullish statements yes- 21t e- CLARE) F. NORMENT, ODELL S. SMITH, &t much cheaper prices. : : I+ [terday by a leading operator giving i GEORGE L. STARKEY, JOHN G. MEINBERG, . There were many interesting offer- ! Mot i ; R an optimistic view of the price out- mitims. 1 JAMES TRIMBLE, HENRY N. BRAWNER, Jr., "fngs in the vesetable market through- | oy T Py g ¢ look. The grounds given by him con any ) 3463 GEORGE P. SACKS, JOHN SCRIVENER, out 1he week, the open weather muk. | ak P &3 8.7 | tinued to form the chief basis of il e D. J. CALLAHAN MICHAEL F. KEANE, fng it possibie for nearby growers to | L : BEn E P Slae 5 i3, buving, smallness of European crops, Other " boits, ‘sioiis; ‘se. oo 0-004.65 E. C. BRANDENBURG, JOHN M. BEAVERS, eALar: qtiantities of rofiuce | | 1o BEEetaE Bo% il gooe 100K 1006 i |delay of shipments from Argentina| ~ curitics. eic.. owned 37576741 G. W. FORSBERG, 2 JAMES D. HOBBS, than during normal Winter weather. 3 LE gy . 3 £ 6 L. & T 5 o ot Ba G B Sloee B3mR0. 355 05: " Ot RICHARD E. PAIRO, A Potatocs, atwiys in dsmand, are being e e L% ,-ghm;h»hn Est 0 04% 9% 0 tully selling domestic wheat for ex T and o Ata MARK LANSBURGH. MAX FISCHER, Toceived in moderate quantities, the | p e, . 3 3 3 0 ot iy 3o port in January. Re112,068.90 1.592,323.95 MORRIS E. MARLOW, HARRY NORMENT, - p LEE0 & 5 & it " Corn_tended upward owing largely B o R 4 ICE F. FLYNN, Directors. e demand making a steady & Los 97% 907% i o than banking hou; 452.000.00 5 i 1005 o backwardness cre ve- : Michigan, 150-pound sacks, =190 100 Gk, ess of the crop move Lawful ro d - a0l 'agul ment and to suggestions that when a . 37.170.7 xct Rurals, wero quoted m“m‘m: b do be B8 DB T VOB HE Ens o Erive 10 dedn s with Fedirul” e Charter No. 7446. Reserve District No. 5. $10 10 §475. Maine Green Moun | % Rima'g\ Ui’ gna Ghunss G7al YA 073 |t never arrives. Notice w of collee REPORT OF CONDITION :{::Jxl'\éa" »pound sacks, bringing $3.75 | 47 i'e’:;.;fl"' pid. R OLH TS taken of predictions of firm livesto « vt (20 ; 27000 Ship 2 1ot 10 o e 3 Amount due” Trom ha: : prices throughout the Winter and of . o s Reports of the Agriculture Depart. | 3 7rin Ty pi B s S e ien G piospRotvE havy f66linE Any b o 3 8 v ment today told of liberal receipis of | 1 Truscon 5 . 18 WOCh” oy & 102 101% % L femiand for 6oin, i il cabbage, moderats receipts of 2 Tung_Sol me 2 Sales FORE] BONDS. rt At Washington, in the District of Columbia, at the close of business on | Uni Coal vic. in thousands. s 3 r December 31, 19: onions, spinach, sweet Dotatoe hi Lt & B 0 A1 i U Baden Te 1001 g0 FACTORIES SHOW GAIN. RESOURCES v peppers and light suppl v eh. cauliffower and str beans. Heavy Ly - E 12 Bue 2 S i e § Bue W DRSS Suny S (R Chegns an oiner banka in 1.a Loans and discounts, including rediscounts, acceptances of T i i 1 1 1 ‘\ 1 | l i T8 il Ader 7 5% | Dun and Co. compiles this week's The My OF town other banks and foreign bills of exchange or drafts, sold 111v > 2 ) T W PEE i with a woderate demand and faih o o B ., 5B C Bl 61 5 b s 1 steadly market k Mo Pl Bl E i Uj 4 5 commercial failures in the United e e AT with indorsement of this bank Sevussase . $8,098,891.79 2 27: Meit prices have undergone prac ; o e 5 A it Bix 83| States at 494, an increase of 50 over Total’ ‘of " items. 33| 2. Overdrafts, unsecured cereese . viwss| William jha@speam Sl o ihanies duitbe ttie wesk : 183 SR 7 ol 512 | the week before, but 28 less than a 10, A1 A and 3. U. S. Government securities owned Ao tically no changes during the weok. | o anl, KRR bR vear ago. . & Chocks" 4t ikt on & Deposited to secure circulation (U. §. bonds, par, 7564-161 »od dem2nd. but only a light demand | gqe MINING STOCKS 3G Con B p - — sding Fed 2 aEE ,000,000. | L ol it 7 . Aundreds. " 1 3 al K Bank ) lo. b All other United States Government secur OLDING norses be- for rough cuts and roast re- | hundred ; ] a i’ L GERMANY GETS GOLD. e Gutsade Of ity o ! e e It any) S oerinnd ! Rt B i ported 10 Ariz Globe € 06 reporting tana’ " with = Total was Shakespeare’s 8, 3 3 ;v c 1 ass WiBolasals Peltes. [ A Dlviae Etens 1 0 | ¢ W YORK, January 8 (P).—An S ,',“ t\,,,,, srints, 561 o faad bk 2 b 13 Q{:wMMQ Ma 7104 % 047 | additional shipment of “$2,500,000 in |17 PRI, i ol gl i | rcliniis : l-q‘ s | e 18 15 | P Chta oL g ‘ear-marked” gold h been made to due from U. S e . Other bonds, stock, securities, etc EoRes .. 945, first introduction to the 5a56; store 5 i Goiden b 4 LA or Blc Chl IR Gotiiariy by the Tederal: rascrrs : . a Customers’ lability account of “acceptances” executed by 2 Predh S sl b | SR “Cor 14 Montey s .0 4 053 | Bank of New York, which has been Sl di s R D ek e e i current re ts, 40adl; | e R held for the account of the Reisch Tot : X - now outstanding .. . § i erary skill elevated him Sax Pu Wi G148 081 bank. This makes a total of § alps —— . Banking house, $1,681,946.91 fi hi: i iti 5 ABILITIES Real estate owned other than banking house - 5 771, rom his menial position Turkeys, 40; i { H " H Sux S M 1 Glas § 98 000 ex ' v 3 : Su 1 X xported on the current move Capital stock pad ... $1,600000.00 | ¢ ; Leghorns, 22a23; Corgait Wit D S 2ol & H e . sl e e L % g00anoop Lawful resérve with Federal Reserve Bank . 3 and won him recognition, fowls, 2 117; duck: 4 51 State Hami, 7 = 217 a Undivid e 9. Items with Federal Reserve Bank in process of collection. Ris i Tount, 20ais: o, 20 . oy i Wi L i fos o vy o JrOfis .. $284.206.02 . Cash in vault and amount due from national banks .. the king's favor, and last- 10, 25280, Dros 9 st > H CUE Have You Been Stung Yet? st © Amount due from State banks, bankers and trust companies ing fame as the greatest fancy Some men have to get stung good | and” seent | in the United States (other than included in items 8, 9 % i chickens, 30 % 5 : STOCKS. D Syl Gles A 106X 3 and hard before they learn to be eau- il 288.413.01 and 10) e nsue & g RBisiuhidranaciaciat A1 Sl s : ST AN 0% | tous in making investments. Before | 2. ke v 3 20 . Exchanges for clearing house 1 time. iAm Con 24 Vidend vou invest—investigate! 5 71,196.84 | 13. Checks on other banks in the same clly or town as reporting i 3 am Memanl Co 81 . Circiliatingdtes " otit it bank (other than item 12) . 3 2 71,919.86 R 3 ! Total of items 9, 10, 11, 12 ai . . | Unlike most artistic i , 22a23; ] Jamb, % : a26; shoul- | b synd. 1 B2 24. Amount due_ o ied ot ettt T . b Miscellaneous cash items S 3,604.0 ; 27: smoked shoulders, 26a2§ T’I N, York Lif I aféred credits) 230,971.99 | 15, Redemption fund with U. S. Treasurer ‘and duo from U b 2 geniuses, however, he had i 28, 25. Amount due i Liv ock—Calves, 5: me- EVERY]“AN’S e Yew Xor ire Insurance Company DROKE 3 302,508.94 Treasurer . s T4.548.7 a keen head for business, . g 3% Offers ot i Sy Sk : i GG The innate shrewdness he dium, 23; thin, G EMPI;OYM{:NT s INVESTMENTS 3 P e i Total . AT e $18,118,218.35 displayed in his canny in- vestments amassed him a 3 { . — DETROFT, Janury 8 (Special).— | | GEORGE T. HUGHES. FlrSt Mortgage LO&HS 27, Cornal” veii e R T R sl $1,000,000.00 considerable fortune and Industrial empl nt has risen to e ! as risen t standing - 721443 | 50" Surplus fund . e . 400,000. made him, in later life, shier's checks 203,896 workers in the last week. This shows a gain of 116.054 over the pro- Effect of Stock Dividends. On Improved Real Estate in the District of Columbia o or [ SR00L00 | 2] & aerve for thxes, Inferest. eic. Lo binis ‘R one of Stratford-on- ceding week, which wis a holiday | The conclusion that a stock divi- and Nearb; 5uburbs in M. b, ¢ period. General retail trade is good f§ v ; y ontgomery County, Maryland i ” . Circulating notes outstanding 1,000,000.00 Kot et il llections have improved {dend of itself does not increase the Years, 5 Years, 10 Years e § e e 1o Federal Reserve Bank (deferred credits) 4 Avon’s most prosperous and Midwinter sales have shown |value of the holdings of a stockholder t * Amotint due to national banls citizens. Amount due to State banks, bankers and trust companies in good r { may be arrived at by studying the Home 1 Offi s onits eble % . . | ¥ ice Buildings within 30 the United States and foreign countries (other than includ- . —— ! difference in price between the old 7 a0, iR : S B fhes 150,500.52 Shakespeare lived in an 2 0 B ] and the new shares of the TR oS hiod S Dididen wny 127, Certified checks outstanding . s 19,253.40 age where no investments United States Steel Corporation. Apartments usiness Properties R ann el . Cashier’s ch tanding . oees 4826710 were trustworthy. “Caveat 8. Following is e i ottowing i | GALST 1o Glvactors announced their Total ot de e- Total of items 24, . 26, 27 and 28 ¢ 01 bute additi 1 stock > N A 1 Tar ctive | duclsion to e e et United ||| RANDALL H. HAGNER & COMPANY % Dermand deposits (thor than bank deposits) subject to reserve emptor” (let the buyer i : | States Steel common was _selling Tncorporated debosits Dy Al A NI O 7 6 beware) was the slo Amoskeag 3] ound 158. The next day it went L 3 e 3 o1 29, Individual deposits subject to check 6,371,004.64 = gan Alteona o to 160 and on the Curb Exchange MORTGAGE LoAN GORRESPONDENT Tiish dbgorits. Subjoet * Cortificates of deposit due in less than 30 days (other than for that characterized cach Bizchow i o 160 and on Sxchang A 2 (rayanie money borrowed) ... 333,207.95 b, B Jeham, ] k| eaning s B 1321 Connecticut Avenue Telephone Main 9700 s, or . State. county or other municipal deposits secured by pledge But, today, a man e O A AtLN. Theipei oo i ‘ moro Motiee, ‘winl of assets of this bank or surety bond ...... 1,273,412.38 can invest in 63:% First i ! new shares at the start was about 115. S e B 33. g{;‘e“fg‘;z‘:",‘;’fi:gw i Kk b i 2 Mortgage Notes offered ]'h“"":"" “ : i.|J}.'.'.‘L...-‘.‘.wr."ru.‘,f'"u,lfe e pother than for mOnes g 45y 40 |7 Total of demand depos Lank de- by Swartzell, Rheem & ‘ [ - — 7. o 2333300011 | bosits) subject to reserve, items 29, 30, 31, Hensey Company with the | | ayflome hetween the new and the old stock. ¥ Y 38! a & 38 and 3% .. 7 ! T nms ey or W Wil kv A Third of /ey //////,/// i e L i comfortable assurance that ergentnal 1 1001 friles . : . S, subject to 30 days’ or more notice, and postal savings his money is safe i LT AR : op | |§‘ WD ST Experience . Certificates of deposit (other than for money borrowed) ..... 534,068.76 Kk & e he stock dividend the market price " Other time deposits 3,054/880.82 ands of an organization Swift & Co 1 A 2 s 5 : z e : e E 1 of the 11 b cisely I 8 2 7 ”'-':r"\'» i | o thisitwormill e presiacly; thetmic, 3 partment Lease: mew), i .| 38. Postal savings depos g A 2,847.31 whose investors have never O Tted. Shor B1Y & 51 ‘ s el d Upk and. deposits of United Total of time deposits subject in fi L e 18 [ualhE e riccioGi 10 i aha e o (1 an Pkeep o e uraing . of- 35, 37 and 38 .... .$3,681,786.89 suffered loss in fifty-seven Waldot!'| E 3 stock before the stock dividend. Then o . 127.504.98 1 States deposits (ofher fhan postal saving ), nciudin . Y { have holdings worth a he market 2 ¢! " v o 6 5 000, After the stock dividend he vour time when you at- o bursing officers . e ) ) y . Bills payable (including ail obiigations representing money bo GERMAN BONDS AND STOCKS. |will have 140 shares still worth ter . srsonally oo oUme “uiita ) e rowed other than rediscounts) .. 900,000.00 2 i {816,000, If we divide $16,000 by 140 4 id to them p(rb‘.’n‘l”-\' o, " inciuding 3 \'u;‘e« and bills rediscounted, including acceptances of other 3 w ze : | we' have 114 which is approxi- Have us, as experienced bemnien. and fore banks and forelgn bills of exchange or drafts sold with in W i) B 191418 207 mately the market price of “new” 1 R ke o % of "exchange or dra dorsement of this bank .. 124,04 B T Steel stock on that basis. His stock specialists, supervise your B it Budorsement 00 | 46, Letters of credit and travelers’ checks sold for cash and out- eem OF ‘this DANK . ...-... 00.000.00 et ki 00,000.00 1 » same whether he sells be - H arpete H I b e e R / .}I)Artmcnt interests with b —r6om091.95 | 47. Acceptances executed b{ other banks for account of mls barnik i copt as the day-today fluctuations . _assur oth- gphotal e S10.020.554.85 | 45" Tjabilities other than those above stated . govern the price. Before that time the profit-assuring meth i ceae® i 5 ensey the market for Steel shares might - ods proved during our O e ora “statement 1s triie 10 the best oOf my knowledge ','.Rd belief Cashis:. District of Columbia, ss. 139 | Aluctuute over a wide range as specu- Dl ot o Cirltiry ot Al e i3 ntive wentiment is optimistic or the ir a Century o Subcribod and Gworn 0" beforo ‘me. this T, JAMES H. BADEN, cashier of the abovenamed bank. do solemnly b reverse, bu no event wou here 3 ith day of Jan swear that the above statement is true to the best of my knowledge and belief. 5001 bo any change in the value of any helpful success. (seal) B ARD Razaguan. : JAMES H. BADEN, Cashier. 127~ ]5!/: St.NW. Subscribed and sworn to before me this 6th day of January, 1927. - DC ]N’&ll(. single block of stock because of the Correct—Attest. Jonn Boole m. . Dulin Gealy 'ANNA B. ENGEL, Notary Public. ‘Washington,DC. o > 00 | stock dividend. E) pld B! 00 [T Was explalned in a precedin alph Jenklns Biron 3 Adami i 3 IVl ank . s C - Louis M Correct—Attest: i ; article the benefit to the Steel share. o , . v“v.’dir B, e, gl R. GOLDEN DONALDSON, J. TOWNSEND RUSSELL, 57 Years Without Loss To i : 4390 | holder comes in if, as is expected, the | Geo. B, ‘(";W James” Brown Scott. JAMES B. REYNOLDS, B. C. DAVISON, an Investor W. T. Galliher, ' L. A. SLAUGHTER, HAYDEN JOHNSON, mdicr Bank 46007 dividend is continued on the ad o Jghn . Co T 3 Darmetagdicr B 9900 T Main 2100 925 15th St. NNW. w.§'|‘ "‘i:}&”.n W. G Galliher, (}EOR LLY VAUGHAN, PERCY H. RUSSELL, oy Vieria 1 ditional stock. expectation, how- m. J b T Porgar Chem 300 | o fs reflected in the market prioe yer Cotmne Toon Tobeiner," SHARP, . A M. RIZIK, Lt X Ba < 509 13508 betore the stock diy uh.mL. e oo e New Enx T the game equity in the assets and a Century’s Directors,