Evening Star Newspaper, March 10, 1928, Page 25

' ihe curb trading today. FINANCTAT? ST T SOARS ON CURB EXCHANGE New Highs Numerous; Camp- . bell, Wyant & Cannon Out- standing Feature. BY WILLIAM F. HEFFERNAN. Bperial Dispateh 1o The Star. NEW YORK, March 10.--New high | Tecords continued to be marked up in General Motors Prosperity was the talk of Wall Street | and was having its eflect on other in- dustrial issues all down the line. One of the outstanding ‘eatures was Campbell, Wyant and Cannon Foundry. which opened on a block of 10.000 shares. according to the tape, at 431, 2nd later sold up to practically its high- est prices. General Motors is the com- pany’s largest customer. In the oil division, Northern Pipe Line assumed leadership. Because of the huge cash surplus, fancy rumors ‘were in circulation as to what directors ‘would do for stockholders at their next | Mmeeting. At 116 it was a new high| record and compared with the previous close of 1101, Prairie Pipe Line, Stand- ard of Kentucky and several others which hold prospects for liberal dividend action later in the year were in fair demand. Houston Gulf Gas was the leader of | the lower priced utilities. reachmg a| mew high above 16'.. while American | Gas & Electric at its former top at | 145 was discounting plans for expan- n. New high records among specialties | included that in Checker Cab Manufac- | turing new. Grand Stores and Nationa: { Fe Products. Bancitaly continued | strong, up almost 6 points more. CHICAGO LIVE STOCK MARKET CHICAGO, March 10 (United States Department of Agriculture) —Hogs Receipts, 6.000 head: market activ strong to 10 cents higher than ye 190 to 210 pounds: 140 w. 220 pound weights sold at 8.25: 8.45: desirable 230 to 270 pounds, 8.10a 8:30: few loads at 280 to 320 pound butchers, 7.90a8.10; pigs largely 00a %.10: bulk packing sows, 6.75a7.25; estimated holdover, 2,000. Cattle—Receipts, 100 head; compared & week ago good to choice fed steers. 50 10 1.0 lower; heavy offerings sharing maximum decline: common and medi- um grades selling 13.00 downwary steady; yearlings averaging 8.50 down- ward: 25 to 50 higher; active at ad- | vance: fat cow trade very uneven; good * to choice kinds 25 to 40 off; bulls largely 25 down: vealers 50 to %5 higher; extreme top hnvy fed steers, 16.50: practical top. 15. meager sup- g\ ove 15.00: bulk with weights sell- g 2t 13.00 to 14.50: finished 973-pound yearlings, 15.00: light yearling heifers, ‘1;".;.-; most light replacement steers. Sheep—Receipts. 1.000 head: prl(‘~l tically none on sale today. For week: Fat lambs closing strong. . lghter | weights with finish a specialty; tend- ency to wide price spread on quality . and weight bms sheep scarce, 15 to “ 25 higher: small supply of feeding and shearing lambs unchanged: week top prices on lambs. fat lambs. 16.75; clip- ped. 13.00; slaughter yearlings, 14.25; 2at ewes, 9.50. BUTTER IS HIGHER. CHICAGO, March 10 (#).—Butter | Righer; receipts, 9415 tubs. Creamery. extras, 49',: standards, 491, extra Ba firsts, 44';a46';; sec- T receipts, : ordinary firsts, NEW YORK mxnrs NEW YORK. March 10 (#.—Rye easy; No. 2 Western, 131, f. o. b. New York, and 1297, c. 1. f. export. Other articles unchanged. e CHICAGO STOCK MARKET. By Secial Leased Wire to The Star. CHICAGO, March 10.—Following is a | Teport of loday's- sales, high, low and ciosing quotations, on the Chicago | . Black zxuun y & O 100 €81 O & G i 5CNS & M *Yoiao bk & ¥ plaic. b YEDERAL LAND BANK BONDS. 244 inea by A 2 Vrtwhs b Sone Ko i NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office Pollowing is the list of stocks and bonds traded in on the New York Curb Market today: Sales INDUSTRIALS. - hundreds, Hieh. Avetol Prod A. sun M(x Alr i A 2 Allison Drue A 1wl Am' Ravon Prod W Am - Rolling Mill 1 Am Sol & € vie r Firenrie: Tew Crei L mu um n se } Holong " Furnace. Home Fire Horn & Hardart. i Hard pid 1 reke B 19 Kemeley Milin Keysto_Steel & A W T 6 pi 17 Nonawk Hod p 1 numvnua 5 Rad > ptd Na Fuineering. 1 Palmolive Co.. . 4 Sehulte 1 Kehulte i 0 1-:"',» Ir'-ru A ‘ o Wenden Loy aten INIEPENDENT OF), 5TOCKS ,r. S Culumbie Senid Low.* o n. tes ANDARD 011, 1 e MER SUBSIDIARIES: 200 Auelo, Am Ol A'C Transit thern P 10110 ol Mex Fuel ) & P L, 100 South Penn ¢ 100 Sou W Penn 00 Nut R00 N, ol BON 200 Vacuum Sales in thousands Alibots Dairien s 1 Hos & M ox & M o A\l G hat 7 4. Al dahy 5 et w\,. Det Intl 7s 4 2 dGen Lo Grorgia Posw 10 10072 100% i 11 1011 03 1L 1010 1 7oA iy Wa P ¢ o B 1018 104 m 408 o0 .L'“'anl' 1 Went B B TA B0l Do N BONDS al Year 1927 With 8$2,- 626,818 Over Budget. BALTIMORE, March 10— The 3iate of Maryland ended the fscal year 1927 | with & surplus of $2,626,818, according o the annual report of the Btate ¢ troller. ‘Thut figure fs $901,148 In excess of m- estimate made by Gov. Ritchie “in ury of lust year when he sent the lnl and 1929 budget to the Legisla- Lure, In the 1930 and 1931 budgets thal additional surplus will be used for tax reduction or will he approprinted to- ward projects considered necessary by the administration Of the §2,626,818 on hand Beplember 40, 1927, the end of the facal yess 81,726,673 dmmediutely was absorbed 1n the budget for 1928, BUILDING CONTRACTS UP. NEW YORK, March 10 (4% Build g end engineering contracts awsrded - Pehruary n the 37 Blates east of the Kocky Mountains smounted (o 465,331,300, the highest Unal eyer rocorded for Pebruwry, ¥, W. Dodge (,...lmunuu reports. This wes 0 per sen whend of the January fgures and per cent more than Pebruary last Four districts made new high s for the month New York Blate orthern New Jeisey. Middle Al Blater, the Central West wnd e . - —— 1ur fot. and tanitie ‘Lenan, | No. 1. medium to large size, 4.50: Mas { demand moderate. STAR. WASTINGTON, D. €. SATURDAY. MARCH 10, 1928.° BUTTER IS HIGHER IN MARKET HERE: Trading Reported Brisker by Wholesalers—Egg Prices Are Steady. After a dull week, trading on the local | wholesale market was reported to be brightening up this morning. Prices of | eggs remained the same, but both tub butter and 1-pound prints advanced, the former being quoted at 50 and 50! cents per pound, while the latter reached 52 cents. Store packed butler aiso showed an aavance, jumping from 28 to 30 cents. Quotations today were: Butter--One-pound prints, 47';a481%; tub, 49a50; store packed. 30. Fresh selected, 27a28; hennery. 28; current receipts, 26. Poultrs chickens, 35a38; 27a28; roosters, 17a18; ducks, young. 70a 95 old, 35. rkfls 38a4! Spring chickens, JSI“D fowls, large, 28 A/30; small, 25a26; roosters, 20a21; ca- pons, fancy, heavy, 42a43; small, 30a 35; ducks, 27a28: keats, 80a90. Meats, fresh killed—Beef, 20a22 223 lamb, 28a30: fresh hams, loins, 18a19: fresh shoulders, smoked hams, 20a22; smoked shoulders. 121,a13; calv ! Frnit and Vegetable Review. Today's market report on fruits and vegetables, compiled by the Market News Service Bureau of Agricultural Economics, says: Apples—Supplies moderate; sales reported to quote. Cabbage—Supplies limited. demand moderate, market firm; new stock, Flor- ida. 1';-bushel hampers, pointed type, best, mostly 2.00; Texas, bulk per ton, round type, 6500a70.00; barrel crates, approximately 100 pounds net, round type, 3.50; old stock. New York, sacked, per hundredweight, Danish type, 1.25. Celery—Supplies light: demand mod- erate, market steady: Florida, 10-inch crates, 618 dozen. mostly arcund 3.25; 3-4 dbzen, 3.00a3.25. Lettuce-—Supplies moderate: demand moderate, market steady: California crates, Iceberg type, 4 dozen. 3.25a3.50; 5 dozen. 3.00: few higher. Onlons—Supplies limited: demand moderate, market firm; Michigan dl\d Ohio. 100-pound sacks. Yellows, U. fow 25; kea too few chuset . No. 4.00 Potatoes . 100-pound sacks, Yellows, U. small size, 3.7524.00, mostly Old stack, supplies liberal: market steady Michigan, 150-pound sacks Russet Ri rals, U. §. No. 1. mostlv around 4 Pennsylvania and New York. 150-pound sacks Round Whites. U. S. No, 1, 3.90a 400: Idaho, 110-pound sacks Rurals, U. S. No. 1, 350: new stock, supplies light: demand light, market dull: Flor- ida, '7-8 bushel hampers Spaulding Rose, 3.00. Spinach Is Firm. | Spinach—Supplies moderate: demand | moderate, riarket firm: Texas, bushel | baskets, Savoy type, 1.00a1.10; ordinary quality ‘and condition, 75; South Caro- | lina, bushel baskets, Savoy type, 85a90. | Strawberries—Supplies liberal; de- mand moderate, market slightly weak- er: Florida, pony refrigerators, Mission- arys, 40a45. few high as 50 per quart: 32-quart crates Missionarys, 35a40 per quart. Tomatoes—Supplies light; demand moderate, market slightlv stronger: re- packed In New York City and Pitts- burgh. unknown origin, 3s. ripes, wrap- ped. choice count, 4.00a4.25; String beans—Supplies moderate: de- mand moderate, market steady; Flor- ida. . bushel hampers. green, 6.00a 7.00; few black Valentines, 5.00 Pepper and eggplant—Supplies very light;; too few sales reported to quote. = | Cucumbers Steady. Cucumbers—Supplies moderate: de- mand light, market steady: Indiana, hot-house stock, 2 dozen crates, extra iancy, 3.50; few double, extra fancy. 4.00. Carrots—Supplies moderate: demand moderate, market steadv: Texas, West- ern lettuce, crates, mostly around 3.50: bushel baskets bunched, mostly 2 Beets—Supplies light! too few sales reported to quote. Peas—Supplies liberal: demand mod- | market about steady: Mexico, . mostly around 450; California. | 5.0085.25. flower— Supplies limited: d moderate, market steady; Cali- | fornia, pony crates, 2.25; fair to ordi- | nary quality and condition, 1.50a2.00. Oranges—Supplies moderate: demand moderate, market steady; Florida, boxes, medium size. 6.50a7.00. mosily 6.50 | California, boxes. medium size, 5.50a : mostly around 6.00. | rapefruit—Supplies moderate; de- mand moderate, market steady; Flor- 1da, boxes. 550a6.00; mastly 5.50. EXPANSION DEFERRED. | Dun's Says Furlhr‘ lndlr-'lmll of Better Trade Are Seen. NEW YORK, March 10 (#).- says: Further indications of increas- ipg activity have appeared in some quarters, but a broad expansion, em- | bracing many branches of trade, con-| tinues to be deferred. The prospect of | additional gains is encouraging, yct the volume this year has been below ex- pectations, and the keen competition that has existed for a long Ume ia plainly reflected in the narrowness of profit” margins. The latter condition still i com- mented upon fn_many dispatehes, and | the movement of prices in other com- modities than foodstuffs shows that the advantage remains chiefly with the buyer, Except in_the scattered in- stances where the likelthood of higher quotations has led to anticipation of forward needs, the disposition has been | to make moderate-sized purchases fre- quently, rather than to contract ahead Buch a policy does not mark w new phase, howev the practice of restricting demands to clearly defined requirements tends to prevent burdensome accumulation of supplies ‘The regulation of production W conform closely with actual con- sumption 15 betng followed I varions occurred in ateel output contrasts with a restriction of manufacturing in other lines, notably in certain dlvlz.lmx~| of textiles Weekly bank clearings were $11,001 .- 096,000, an inerense of 235 per cent over st year Commodit DETROIT, Ford 1,469 March 10 employment has orkern since Mareh | \ number no wemployed s 95,360 BUTLER, Pa-‘The Btandnrd Plate Glass plant here now s operating al tull capueity, us the stitke which has been W progress has been settled by thie re-employment of all the strikers BPRINGFIELD, Mo The Kt Lol & fan Francisco Ratliond 15 instsling $110,000 worth of new machines i it shop here. ‘The compuny will rpend 8260000 heve in constructing and 1e Paliing passenger conches HELENA, Mont-Montana potato alive—Turkeys, 37a40; Spring | wld Dun's and the adherence to |, channels, and the sharp rise that has | [} ”cfln STK. 2,324,095 SH. PFD. 3TK. 1,241,728 SK. BONDS $277178,092. PER SHARE ANALYSIE What s Back of Each Share, P whare. SKEAT per cent. e or hrocer for fir ' values back of tis sock ) TWO BIG TEXTILE MiLL MERGERS ARE STARTED Brandon Control 281,570 Spindles and Involve About $14,500,000. B the Assaciated Press CHARLOTTE, N. C, March 10— With the Flint Spinning Mill merger plan proceeding without public pro- nouncement, interest in consolidation in strings of textile mills in the Pled- mont. Carolinas has been revived by announcement of two proposed consoli- dations with a combined capital of $14.- 500,000. Reports of other possible con- | solidations could not be verified. The formation yesterday of the $9.- 500,000 Brandon, Inc.. to take over an operate four mills of which August W. Smith of Greensville is head. was fol- lowed closely today by announcement by James P. Gosseit of Charlotte that prelimiary steps had been taken look- ing to the consolidation of five mills under his control. The two strings will control 281.570 spindles and 5.800 looms besides finishing and mercizing plants. All of the mills involved in the two atest mergers are located in South Car- olina, the Brandon, Inc, units being the Brandon Mills and the Poinsett Mills at Greenville and the Woodruff Mills at Woodruff, 8. C., with the Ren- frew Mill at Travelers Rest. S. C., to be added as soon as it is completed. This consolidation is subject to approval of | the stockholders. The Gossett Mills are the Riverside Manufacturing Co.. the Toxaway Mills, the Ladlassie Mills and the Gossett Dyeing and Finishing Co. at Anderson and the Willlamston Miils at Williamston, S. C. BIG GOLD SHIPMENTS. More Than $17,600,000 Sent South America and Europe. NEW YORK, March 10 (¥ More than $17,600,000 gold was consig:ed Ly New York banks yestcrday to two .Sn\llh American countries and one European city. Rio de Janeiro will 1eceive 57 940 in one lot, while $5.500,000 will go to in four separate consignments to Buenos | 1s the destination of Alres. Bremen $5,000,000 of the metal. The shipment to the Brazilian capital is believed to be a part of the $50.000 000 loan recently obtained by the repub- lic in this market. Part of the loan is to be used in retiring $13,000.000 in- debtedness outstanding since The shipments 15> Buenos Aires were regarded as normal exchange tran.- actions. due to the premium which the Argentine peso now commands in this market. These shipments inc fers of gold to the A 1e in tecent months to about 5. 400, while ap- proximately $19.000¢ UOO has been trans- pnrml to Brazil. sed the trans- Reserve Diatrict No. & REFORT 0F CONDITION | Mount Vernon Savmgs Bank | At Washing D€t the close of bus K esw on February 28108 ounts i CRECEN 170 450 0 Other axsets Total LOANILITIRS IR ES KEOTTAN Wational o | Stein e e * antatand Gheeks o 1 ant O e deinits 1 e A4 AINAGY atal Al Colimbia iy ut Wasline G I WOOBWARD ¢ i W i \\lmn\\ ARD honidn WOl ke e 1 NANDER [ VARV Notary Puthic wrowers who Neld a part of (el stock over nto the Winter becaine of fow woare dispostig of them st whant they could have secured at diggiug tme, W oLRE e AT W WY [UINTS and Gosmett Strings to| |45: old. 35a36: young chickens, 30a32: |old, 25227 roosters, 16a17; | | {mand for hay locally COTTON PRICE STEADY AT SMALL DECLINE! Selling Apparently on Relatively Easy Cables and Reports of Rains in the Southwest. By the Associated Press. NEW YORK, March 10.--The cotton market opened steady today at un- changed prices to a decline of 6 points, active months showing net losses of 4 to 6 points under selling apparently based on relatively easy Liverpool cables and reports of rains in the Southwest. May contracts eased off to 18.40 and October to 18.06, but there was a little trade buying and covering at these prices and the market steadied up a few points from the lowest in early trading. Private cables sald hedge selling had been absorbed by trade calling early, but that the Liverpool market later had declined under liquidation promoted by the Texas rain news. ,It was reported that about, 8,000 bales were being shipped out of the local stock today for British ports. Baltimore Markets BALTIMORE, March 10 (Special).— Live poultry—Turkeys, pound, 40a45 old, 35; poor and crooked breasts, 25: winter chickens, 40a45; young chickens, 33a35; Leghorns, 28a30; poor and thin, 23a24; old hens, 25a26; Leghorns, 22a 24; capons. 30a38; old roosters, 15a17; ducks, 29a30; poor and . thin. 23a24; guinea fowls, each, 40a85; pigeons, pair, 40a45. | Dressed poultry—Turkeys, pound. 38a | ducks, 25a 30: capons, 30a40. Eggs—Receipts, 917 cases; native and nearby, current receipts. in free cases, dozen, 22'4a26'4; strictly fresh, dozen. 271%a27 Butter—Good to fancy creamery. pound, 46a51: prints, 51a53: blocks, 49a | 51; ladles, 35a37: rolls. 30a35; s i packed. 20a30; dairy prints, process butter, 41. Country Produce. White potatoes, 100 pounds, 1.50a new potatoes, bushel, 1.25a3.00; s potatoes, barrel, 2.50a4.50; yams, rel, 2.50a3.50: beans, bushel, 2.00a5.00 cabbage, hamper, 1.25al1.75; bushel. ~ 1.75a2.00; cauliflower, 1.75a2.25: carrots, 100 pound( E celery, crate, 2.50a: ; eggplants, crate, | 2.50a4.50; Kale, barrel, 2.25a2.50; onions, 100 pounds, 3.00a4.50: peppers, crate, | 3.00a4.50: spinach. bushel. 75a90; to- matoes. crate, 2.50a7.00; squash, crate, | 4.0025.00; turnips, basket, 20a40. | Apples, bushel. 1.25a3.00; barrel, 3.50 a850: grapefruit, oranges, box, 4.50a7.00; 3.5085.00: strawberries, quart, 40a; Hay and Grain Prices. Wieat—No. 2 red Winter, export. 161; No. 3 red Winter, export. n quotations; No. 3 red Wlnl('r garlicky, domestic, 1.62. Corn—No. 2, yellow. domestic, No. 2 contract, export, 1.06%;; cob. new, 4.90a5.00 per barrel. Oats-—No. 2, white, domestic, 66a67: Rye—Nearby, 1.00a1.10, HA)—-RN‘(‘“) s, 25 tons, ing here in fair quantity 1.10: corn | Hay is arriv- but the de- very limited and not enough actual business 1s pas ing to establish quotations on the va- rious kinds of grades. Range of prices is about 14.00 to 17.00 per ton for good hay in timothy and clover mixed Straw—No. 1 wheat, 11,00a12.00 pe ton: No. 2, 13.00a14.00. FAILURES DECREASE. NEW YORK, March 10 (#".—~R. G Dun & Co. reports 510 commercial fail- ures in the United States this week | against 516 the week before and 463 a year ago. Charte o District N, REFORT .., nu FEONDITION Farmers & Mechanics’ National Bank At Washington 1 the L the cluse of busi D TETR LS a50.90 1o weenre o < “honds <1000 000 1 { %, dr0nasN | Dwied & Tonw 1 o With Fed ! by | TH0N0 | @004 a0718 0 N and a e troh natonal b " from u semption fuint wiih due from 1 au ECRRTTE 108 D4 SN0t Crediisy Cortfied checks outstand Casiier’s cliecks butatand WMV et checks’ batatand R PR Manasitn Wit certioatos ot e Ather han 10F sy [ELR ARt Tt Dialit e Calani City e W T SN \ v awvar i 1 (he st ol o { WL KLY Castier - an) BWO 1w lore We TR T A I (I RRTINY Nutany Midie AN | Wy DUNCAN | N AN ‘V\II nw -uu\\v‘nxt\ b | N \\Ulll\l‘ i o heesiee !umn«( of Columbia FINANCTAT.” TURNOVER ON RUBBER EXCHANGE IS DOUBLED NEW YORK (#)—More than 318.- 412 tons of rubber, enough to supply all the tire manufacturers of the United Btates with the necessary crude rubber for about 14 months, was traded in the New York Rubber Exchange last year, It represented a value of $260,000,000. ‘The amount traded was almost six times as great as the average monthly shipments of rubber throughout the world, equal to total American imports or rubber for elght months and about twice as great as the average monthly world stock of rubber. The turnover was about twice that of 1926, the first year of the exchange. Prices fluctuated between 31.70 and 43.50 cents, limits so close rubber offi- clals regard the exchange a marked | s in the matter of price staoili- | HAS SATISFACTORY YEAR. North German Lloyd Reports Earn- ings of About $2,750,000. BERLIN, March 10 (#).—The annual report of the North German Lloyd states that business during the year 1927 was satisfactory. The development of pessenger traffic | reached expectations, but neight traffic suffered from various influences. State subsidies granted in foreign countries particularly prejudiced trade competi- tion, the report said. The company's total tonnage was placed at 861,418 gross tons and the business turnover for the vear was 49, 440,000 marks, representing a net profit | of 11,000,000 marks (about $2.750,000, as compared with 7,400,000 marks for | the previous year. A divideni of 8 per cent was proposed. Egypt Buys 8 arch. ALEXANDRIA.—The sells Egypt more than four times as much starch as all other countries put together. supplying all but 500.000 of | the 2,500,000 pounds imported annually. | Démand for the American product is| attributed 1o its high quall Charter No. 4247 REPORT OP United States | = 08 RECORD CRAB YEAR SEEN IN CHESAPEAKE Unusually Large Number of Crus- taceans Seen in Bay Recently, ! According to Oystermen. | Special Dispateh to Tha Star. BALTIMORE, March 10.—The ap- pearance of an unusually large number of crabs in the Chesapeake Bay during the past few weeks has led Swepson Earle, State conservation commissioner, to predict that 1928 will be a record year. Reports from oyster men of observa- tions in different parts of the bay are more promising for this time of the 'yv‘ndr than he has ever noted, Mr. Earle said. Dredgers for oysters have reported {bringing up a large quantity of crabs along with the oysters. crabs are returned to the water to await the opening ol the Maryland crabbing sea- son. May 1 | The increase in the number of crabs | for this time of the year is due largely, Mr. Earle sald, to the enforcement of the laws in Virginia waters protecting | female crabs. This law was passed bv the Virginia State Legislature in 1926 and prohibits taking of spawn-bearing female crabs. Japan Buying Tires. ‘TOKIO.—Tire consumption in Japan | averages more than six ties a car an- nually, due to the large number of taxi- cabs and the poor condition of the roads. Contributing factors are seen in the habit of buying the cheapest fabric and lightest cord tires avallable and | the ¢ifficulty in maintaining proper air pressure hecause of the damp climate. Florida Fruit Abroad. | LONDON.—Three shillings a box was i saved on the first direct shipment of Florida citrus fruit to England. Some | 5,000 cases of grapefruit and 1.000 cases of oranges were pre-cooled in & Jacksonville, Fla. cold storage plant and then placed in a ship’s refrigerator chamber. Usually citrus fruit first is shipped by rail to New York. Reserve District No. CONDXTXO‘X Lincoln Natlonal Bank At Washington, D. C., Business on Fel in the District of Columbia, at the Ciose of bruary 28, 1928, RESOURCES. and disconnts, ineluding er banks and foreign bills with indorsement of this bank. Overdrafts, unsecured . . U. S. Government securities ow rediscounts. acceptances of of ex:hnnge or drafts sold . .$4.927.301 36 eoe 71051 ned a Deposited to secure circulation (U. value) b All other United cluding premiums ‘Total Other bonds, s tes Governm it any). . Real estate owned other than bankis ent securi 429,350.00 ing_house. . Lawful reserve with Pederal Reserve Bank.. . Cash in vault and amount due from Amount due from State banks, national banks bankers and trust tompcmes in the United States (other than included in Items 8 and 10) 2. Exchanges for clearing house 3. Chiecks on other banks in the same city or town as nponnu bank (other than Item 12). Total of liems 10, 11, 12 and 13. 21,327.19 a Checks and drafts on banks (incjuding Federal Res located outside of ciiy or town of reporting bank. . Redemption fund with U. S. Treasurer md due from U Treasurer . Other assets, if an Capital stock paid in.. . Surplus fund : a Undivided pro! © Less current expenses paid Reserved for taxes, Interest. etc, 23. Circulating notes outstanding 1 IABXLITI‘ES. accrued. .. Amount due to Federal Reserve Bank ueremd credit 5. Amount due to national banks..... a Amount due to State banks. ban! the United States 8. outstanding. . Dividend check: outstanding. . ‘Total of Items 24. 25, 26, 27, Demand deposits (other mxr bank (deposits payable within 30 days): 28 and ke-« al 20. deposits) subject to Reserve Individual deposits subject to check . Certificates of deposit due in less than 30 da money borrowed) Total of demand deposits (other than bank depasits) subject to Reserve, Items 30 and 3 Savings deposits nntludm'v time cen than for money borrows ‘Total of time deposits mb)efl to R Liabilities other than those above s Total | District of Columbia. ss. 1. JAS. A. SOPER. cashier of the above-named bank. tother unn !or 2 624.475.43 of dcpom other ,3 3 373135142 65.000.00 ..$8.060,575.29 do solemnly swear rve. Ttem 35 142 tated that the above statement is true to the best of my knowledge md Delief. S\;I‘xtrlb(‘d and sworn to before me (Seal Correct—Attest : HENRY T. OFFTERDINGER. SAML C. Rm\l\\ S. M. CH. LEROY \\' HFRRO\ W. D. SULLIVAN. FLOYD E. DAVIS, JOS. H CI'RR N JAS. A ER, Cashier. this 9th day of March, l HELENA D. REED. Notary Public. PETER LATTERNER. W. W. GRIFFITH. H._R. NORTON. GEO. C. PUMPHREY, MELVIN C. HAZ ALBERT S. GATLEY. Dm’c' qur\t D"'rKl NL\ ! REPORT OP' (‘(\NDXTIOV At Washington, “** WASHINGTON LOAN & TRUST CO. in the District of Columbia. at the close of business on February 28, 1928, RESOURCE aloans and discounts. other banks and foreign bills of e indorsement of this bank Overdrafis, secured. $1.810.88. unsect U. 8. Government securities owned b All other United States Qovernme: miums, 1t any) Other bonds. stocks, securities, et Banking houses, $1,032 419.61: furni vaults and safes, §74,097.60 teal estate owned other than banki Cash tn vault and amount due from Amount due from State banks, 10 n 12 Exchanges for clearing house ‘Total of ttems 10, 1! and b Miscellaneous cash ttems Other assets 4 Total Capltal stoek patd in Surplus fund A Undivided profits ©Less current expenses paid Reserved for taxes, {ntorest, ere, Amount due to national banks a Amount due to State banks, bauker panies in (he United States b Amount due to banks i foretgn o ace Cettifled cheeks outstanding Cashier’s checks outstanding Dividend cheeks outstanding. Total of ftems 23, 36. 27, Demand deposits (other (han dank depusits payable within 30 davs) Individual deposits subject (o check Certificates of deposit due mn less th money borrowed) Total of demand deposits (other POsiS) subject W reserve, dten Time deposils subject (o Teserve (pay fect (o 30 days’ or more notice, an Savings deposits (ine lmnui Ume certifivates af deposit o than for money barcowed) Total of tine deposits subject W reserve, item Sa including rediscounts, acceptances of schange of dratis sold with = s SIETERE ured. $239 63 5 2.050.88 nl securities \X'hll:dm. l\l’?- 20931818 wied 2419.094 26 re and fixtures, $37.898.92 % house national banks bBankers and trust companies i the United States tother than included & 346 336 80 item 10 » 107,508 .40 $2.383.03238 TIABILITIES rued s and tust come 28 and M depasiis) sublect o e 10,094,788 30 L0800 an 30 days (other than bank de- s S0 and 31 $10.098.970 30 yable after 30 dava. or subs d postal savings) LRI XS S48 06 Letters of credit ané mvlers’ checks sold for cash and outs standing Ltabilities other “Tolal GRANT THARLES R treasiter Subseribed wnd sworn o betare we Seal ) Cuireet Attest JOHN B LARNER JNOJOY EDSON HARRY (1 MEEM JOHN A JONNSTON ‘1O L FRERERICN V. COVILLE than thase above stated LRI 0" SIS9S4 of the above-named Bank. do solemaly | swear nml the above statement I (rue 1o the best of my Anonledge and belwe! CHARLES R QRANT this 8t day of Mareh, 1998 Treasurer FREDERIOK A QENAU, Notary Public W WILEY, O R KEFERSTEIN, ANDREW PARKER, MELVILLE R QGROSVENOR JAMES R ELLERS: WON. I, WALTER 8 I‘RNPII‘I\ LW RSTES Diryetore