Evening Star Newspaper, October 13, 1928, Page 28

28 FINANCIATL." THE EVENING STAR, WASHINGTON. D. C. SATURDAY, OCTOBER 13, 1928. FINANCIAL. — TREASURY CERTIFICATES. North Capiiot swvings ([, [ BANKERSPLAN! [ NEW YORK STOCK EXCHANGE | [STOCKS MAINTAIN | sumer s e wrs s T e s Corporation would pay a stock dividend Bee: 1:: Bank Received by Private Wire Direct to The Star Office. before the end of the year were used 18. 1 * 3 It " sh 9 . | with good effect in the market opera- | RESOURCES. ADIUIDI Power(4 b0 50% 50 50% | ElecPow&Lt(1) 37% 7% 37h 37%| North Pac (5).. 1004 100% 100% 100% iy TR e ol B et cari é % | 1 & ! N, k 5 e 5 B4 Loans and discounts ........$1.39%284.97 Abitibi Po pfis) 8% % $T% 8% | klec Stor Hat(5) 88% B8 Norwalk Tire £ e b NouE B it et i b PTG P Abr&Stras7% pt 111% 111% 111% 111% | Engineers Pub S 4T | Well Spf... 991 99'% 99% 99% about frequently months, 2.350.00 T Adv Runiley. ... 55 52% 52% | EBuuit Bldg (2).. 80 30 | O, e 1% Th LU it that, instead of waiting until early FOREIGN EXCHANGE. Tnited States Government se- owned ... s : 2 B + | Next year to readjust the common share | 4 ) : 2 . p ] ; Erie R R. b . Quotations furnished by W. B. Hibbs & Co. e enda 00 et | Capital Will Be Represented | A miuca veca: Erle Tyt B0 ommoo S Ste aie ow (New High Records Scored in eapital"tne direetors would take action Nominal cia Sellne checks - o R . Air Redetn (13). s 5% Muraa V114, ¥lous Gleviiny | 222 2241, 222 22 Favorites—Market was, 5o far as could be learned, no basis | London, pound. ST e wwnia . wiesss| at Seventh Meeting of | Asax Rubber. . ] FairbankMpf (7) _|Otis Blev prc6y. 121 121 forthe Teports. ‘The difectors. have | Gaitfrant > e o el 5 e e 22% 2 it LRl R v Acti given the :mtter no serious considera- | Beriin, mark g 5 2044 - 'idelity-Phoenx 3 3 'wens Bot (e e t and in res il ual it is | 3 i Investment Men. Allis-Chalm (7). First NatS(1%) Pac Coast 2d pf. 4 4 ery Active n‘g:‘belleved tham'xl;bslgoch d‘i-:?gbuglon .738,108.7 ::;::;;ae‘ullzn'u 1 ( 0 | sk “uh.,.,“x“ l:amlnf 1}::'“.'.;).. Bt 5 5 5 B will be made this year. According to 7 Dpeseta. n0 A o S AT = o " leischmarin(3) 3 ‘ac Lightg (3).. 8 well informed banking interests, there |Vienna. schillin *n a0 a0 BY EDWARD C. STONE. il kb Florsheim (A).. | Eacific Mills.... i’ 21 BE GEORGE T, HUGHES, s a possibility that the corporation will | Braabest DE08% s : 2147531 Am Beet Sugar. S Fox Film Aw4).. Fac Uil Stubs. .. Speclal Dispatch to The Star. pay a stock dividend efentually. but in | Warsaw. zloty . H The seventh annual convention of | Am Bosch...... 36% 36% 36% 6% |Fox Filmrts.... 3 i 3% | Packard Mo(t4) 94% 9 3 o tober 13 any case not until after the first of the | Sopenhagen. [ the Investment Bankers' Association of | 4 {r Sh(1L.60) 414 41k 41w 414 | Freeport (f34). 2 Pan-Am Petrolm A it Bt oc[;z 'st’ k—;u hange | vear: Ok heawn. . % | America meets tomorrow at Atlantic| am camizy gl 4 e o Pan Amer Pet B tion of business on ock Exchang Am Canz) 110% 108% Panhandle 134 REPORT OF CONDITION Time deposits ...... City, the business sessions starting | AmCar&Fdy(6) 93% 931 93% Y3y | Gardner Motor. Parmt-Fm(i8).. 149% 149% el e b e L st otal ¢ k 5 Am Chaln pf(7). 92 92 9y Gen Am Tnk(4) Paramount (n).. 50% 50% 493 stocks as insatiable as ever. Prices of “{Q H NG Distriet 00 Fviibis. 6 o e s ?1‘:?\71?1? uan!:fl el AmChicle(3)... 87 &8 bored ot A U Park & Ti (13).) 9% 905 893 + | the leaders were advanced by leaps and SHI T ON MECHANICS shovechamen ank do” salemnly swear that | Priday. Many Am Drugi8tc).. 125 12% 12% 121 )Gen AmTCrts Park Utah(80c). 10% 105 : = hest of o AmE B Gen Asphalt. Pn 10% 10% | pounds. It was a comparatively small IR thor Clatemars T Trie to the best of | Joaqers' 1 finance D\ |AmBnean T@. Tie iy T 201" Gen Cuble. .. % 3 FatnoBx, ... ; list of stocks on which the speculation SAVINGS BANK P. HENRY co;T7a | are among the Am & For Pow. . Gen Cable A(4). 2% | peeriass Motor. P 21% converged, but in this list no considera- | Of Washington, in the District of Columbia, at the close of -business October otore me this | SPeakers. The rep- Am&For Pr 2 5 s | Gen Clgars(4). 39% 3 F s 3, 1928, Subseribed and_sworn f before me. thi s T m&For Pr2d1 96 . Penick & Ford. . i iven to anything else than ? NIRRT B e resentatives {rom Am Hide& L pf. 40% oLl T Penn C&Coke 9" | the anilits howed to (Seal) BENJAMIN mOBIN=AW, | this city will in- > Am Home Pr(3) 15 GenElee sp(60c) Bean DIxieCmt. 15 the ability an issue showe i g i LIABILITIES. i ey ;%’A‘Z’fnpsffi.“;‘lid ot A IoNitSe) . A0 ADik S cimisy, 10 ESIIXCLOTC) B (8 D atious reasons connected with busi- | 3 ; 7| 15. Capital stock paid in. o 4, weror Pl L G Am Internati(2) 108% 110% 108% G Motora ), 4 Penn R R 1314). ness or with anticipated developments | 3 Ubited kStates | 46.699.06 | 16 . Zirkle, e W Wi Co.: " Ohsis"Cat- Am LaFr&Foam i 8 T4 Gen Mot pf(7) Peoples Gas rts. mn a particular company were assigned | 4. Gther bonds. stocks and se- " " |17. Undivided profts—net. e F o s roil Morgan of G. An t"‘"""“ VI TEW, TR 12w Gen Outdr Ad(+) st g g 5 for the buying, but none of them was | curlties owned.......... 3828350 (21 Due to banks Pani_Atien. M-P. Murphy & e e A R GenOutdrAd(2). F LR ol convincing. Every effort at analysis) * "ahd i r |22 Demana deposits REPORT A® CONTITION Frank B Am Loco pf(7). 115% 113% 115% Gen Ry Sig(5).. Phila RT pf 3% : 50 |ended in one conclusion, nnmelyfl;h-! tures ! - 3804004 0o | 23 Time deposits.. O® THFV. Morse, manager of 1ac& K, > 5 Gen Refrac(3).. Y ) . % the speculative contingent was confident | ; paq; estate owned oth: n Northeast Savings Bank,|J. & W. Seligman ABMI s Gillette Haz(5). 1: N there was no top to prices. ane 11,4574 ortheast Saving: *| & Co. and Paul v. [HEER o Gimbel Bros. ... Phaes Houely ' : Feiturcs: ta’ Seading. : Gush and due from b 3#3010.57 Ot Washinston: i the District nt Covvmna, | Keyser, generai Gimbl Br pfi7). 2 : - .. cash items. . 2.543.92 20 the ‘elose nf usiness an October 3. 1998 | counsel of {he asse~ 52 Glidden Co. ?‘ifi: Snrlro' X The outstanding features were United Carract— Attt ‘Tot it R. L. Schreiner. 11).. 80% 86% 80% 5y .. 102 o By 4 1 and Montgomery Ward.| Total. +...32,740,697.97 RESATRCES. ciation. The meet- 154 & Gold Dust (5). Bidrod GITDE. . s 4 States Steel an gomery . bl Al Y Toans and discounts......,... $647.208 14 | Ing is expected to be one of the best in | Am Ry Ex(6). ey 1ot 139 153, ] Gold Dust (rts). Plesde Petvotin, United States Steel opened on a block | pigtrict of Columbia, City of Washington, ss: veraratis 56 THOS. J. for all 1 Ttan Awned o 90.11 | cruise, which will include a visit to | Am Saf Raz % 6% 697 Goodyear Tire. . % Pitts Coal. which prices was a new high that the above statement is true to the best of my knowledge and belief. Ofher hands ineks wnd %6 so00 | Chesabeake Bay, with stops at Old | Am Seatiacs), som som oon Goodyr 15t pf (1) Pitls& W Va(s). . time. Before the session was an hour ot ke - n:r‘:{m;’h:-wyd«!mhn»:fi' G T n'ZMvM Point Comfort, Norfolk and Yorktown. | am Ship & Com. 4 dv 4 Hothem e G PortoRIcoTobR. 2415 2 over steel had sold above 165. niture and fivinrec. €90.000. 4 4 9 today with 4,500 Am Smelting(8) 265 265% 2624 ) 3 Postum (3)..... 0% 69% 282. It started in HUBERT N. ROBERTS, Other ssets.... ... | Eight prominent Washington bankers | Am Stl Fdys(3). 56 56% &6 ERlILUCHDINE A Pressed Sti Car., 24% shares at 295, an advance of 13 points. Notary Public. Oniten States Gavernment s years. Among the soclal events is & | Am Republic... 68% 68% 68 a8y | 900drich(d Pillsbury (12.10) 43 ; of 4,100 shares at 163% to 164, either of ROOM, cashier of the above-named bank, do solemnly swear Gotham(32%).. Montgomery Ward closed Thursday at Subscribed and to befs this 10th day of October, 1038 " & 5 5 Pe T 107 on ] | ubscr and sworn ore me this 10th day of October, 1928. e pofl i Bankers on Advisory Board. Am Shipbldg(8) 90 90 8974 Gotham (rts)... / ostal T&C pf 7. 1027% (Seal) y 8. Total YT have been asked to serve on the advisory | Am Sti Fy pf(7) 112 112 112 112 |greham-Paige.. B854 55 " | Produ & Refinrs 23 2 ;| Subsequent realizing canceled a part | Correct—Attest: Less 2 = o .. | Grhm-Paige cfs 1 f this gain, but traders immediately EZR. board of the local chapter, American | Am Sugar...... 13% T73% 2% 927 . 5 ;. & Pub Serv NJ(2) 66 of gain, A GOULD, R. H. BAGBY, Canital stodk aid Iher.... $1yam on | Institute of Banking, by the president, | Am Sumatra (1) Gl 6Un o1 SRRt it T o o | EUb Serv pr(6). 1034 1053 e T S R CHAS. H. KINDLE, EDW. F. FICKFORD, Ddivided wrafis. Ret e | %::‘;csua :ggg,‘n ,";’.’evf.}“w"rken"pgf :'r: ;:‘b:te:,;lg' 1‘;?;’ :gfy’ :gs 6l | Srand Unton... 364 3 8 3% | puliman cl:u(n).' 1:‘;:‘, § A‘;lo',het favorite’ WaS = INEeNAtIONAl | 'ttt s s s enn o e i DIRRCIOTE Deian dadita ag1.470 %3 | ber, Robert V. Fleming, Howard Moran, | Am Tobaccol( 163 1921, La1e, oA l(lzu:g‘)’ )i Punta Aleg Sug. 22 Nickel. This stock at 150 was up 4 points| Charter No. 7446. - Reserve District Not 5. Tifle deposits 3 1.0 6.3¢ | E. J. McQua e, John Poole, I. J. Roberts | Am Tob pf(6).. 116% 116% 116% Grt North 'vns)' ll:uro 01l (60e).. 251 2 ‘and. at a new wp.k hiefly the high REPORT OF CONDITION b+ ot Washin~tan. Disiviet of Golmmbin. sc.: | Cie ve shown spe m cl) Y - 2 o 21 3 3 3 B O R Ewrs. "t evier of the. shovs. | institute in the past and their services | Am Woolen. . . 174 Lo oom o e A 3 3171 RadioCo pf(3%4) land Steel Products preferred at 240 | ommercia ational Bank ramed henk. do_selemniv swear that the | will be of great value. Am Woolen pf.. 414 41k 414 Gulf States Stl. Reading Ry(¢). was up 5 points, motor products at 200 Toove. statomient. i3 broe to the bést. of my B0% 93 | trads Bk Baa): 1% 1014 101 American Linseed | Of Washington, in the District of Columbia, at the close of business on knowledse and belief. L L o Te. Curtis Stock Belng Purchased. | 4T JritPactfs 164 i Hanna Ist pf... 86 I SiTk ot (7). :’cafxfip:umflus.;zdlnu October 3, 1928. Cashisr. A 2 Hartmn B(1.20) 21% | Kemingtn-Rand 4 2 General Ice Creams sold at a new nbzeribed and swarn | Eastman, Dillon & Co. are negotiat- | Am Zine pf.. 0L 101 101 = = 2 4 e St el svnrt o Setece st |, SOMEA, DUCR & 00, wie megcuns | O e BEs AL 1L a0L 0L Havkl Ry pi(6) 8 9 tom-Rd at(T). %0 90| high early in the proceedings, %0 did | 1 1 oans and discounts . RSO s G0, nATOIARE.. g::-ns Mnnu{ncturlx;‘gl Co., g)lcmeers in :;2:':.71-;9):?:‘21 g;lv’ g;“: ;; libei] -i s At 1::: ty og{;k::: reax;epm:m: d!by Kenuo. | 2. Overdrafts 402.56 Oorrect—a pneumatic machinery field to ac- et il Hoflxnier & Son Reynolds Spng: “ | cott, above 104, at the best of record, | 3 United States Governmen s . 2,603,152.26 TR NARAISENEEY D, quire one-third of the 200,000 shares of WALCA). 19% 196 19% 2 ol e/ 4 . Other bonds, stocks and securities owned . - 2,733,870.00 TN o e oo s Scanital atock t-| Armour, III(B). . 9% 93 91y Homestake(17). IteynldsTobB5) Of the seasoned industrials General Banking he o - g SRy . Teme panys capital stock now out- | Armour, HICB). . oK g% wia ey | Lomeslio(tD. e . Blectrlo and American Gan were higher, | 6. Banking house. $1.681.916.91: furniture #nd fixtures, $74,616.53. . 115656342 CHAS. R. TATAWRT. sanding. I Degotations are con: | LTORrlOECT Houston Oll. ... 1 397 | tichiield O1l(2) . while in the rubber part of the lisi | J- Real estate owned other than banking house . - 17208729 : Dreites_ | Summated the publle wil be offered | AT Cob&Co {1k dlw 41 Howe Sound (¢, i Rossia Ins(6). . Goodyear starred with an advance of | § eser'e with Federal Reserve Bank ... . - 93199761 REPORT AP, CONDITION res in a company which has been Y 8 2% sis | Royal D(a3. ¥ < . 2 . Cash and due from bani .« 1,306,085.51 A% THE privately owned for 75 years. Much of | ALChISon(10)... 1913 (9L 1923 Hudson Mottty ol e " Himuiated by the strength in United | 10. Quiside checks and other cash items 222,044.30 Chevy: Chase Savings |3ieck is now held by the stecaman | dichisenpt(s). 104 104 lod Hupp Mot (£2). e States Steel, heavy buying came into | !1- Redemption fund with U. S. Treasurer and due from U. S. Y & Do i 15 st stocETation willl 46l Gule pE3) oW oW bl Utinots Cen( 7). 187% StL&Southweat, 11y Bethelem ahd_ advanced the price of | jq ¢ Treasurer ... e L s Bank cago Exchange. At ez, 1350 138, 154 18| nd Ol B0 B e 35 13, | s, talkof dividend resumption early | 14. Other asets S s et rind - U 2 o . 5 ! P v i R T Mstacsson Otobes 8. 1035, | Schreiner Pushing Bank Forward, | AtlasPowder(s) 811 8l3 811 indian Refining . 5% 834 Seub Air Ling ! next year at an annual rate of $4 or 85, Total Lo ad $19,206,018.55 Austin-Nichols. 7% 7% 7#m Indian Refg ctfs 3 Seab Air L pf... 22% 22 » 23 | but this has been the prediction all H0184 PRSATIRCES. Raymond L. Schreiner, Washington’s | Auto Sale: 0 I Sea, 2 2 214 | along. Toans and discounts -+ 3638.904 57 | youngest bank president, has met with | Auto Sales r(3) 3on sop A% AR Seara Hoe(fith). 1bes e e PR AN 9542 | marked success since he became chief | Autostrap A(3). {ip s b {flffn',::i?é‘a%?r"; desiocn Coppet b 5 Lyt ool i + {1 Turites’ Swmed L' inownon | eXecutive, as well as cashier, of the | g IntercouRubber Shattuck FG(2) ,| For the most part motors did not 18 Surplus ........... . :000.00 Other, honds, Serks. and - st | BANK-Of Brightwood. Elected head of | paito & 9181, 111 111% 111 IUTAERRCARI, . 243 | BHEI UnC140) . uon. 2B share in the buoyancy shown elsewhete. | 17. Undivided profits—net . . 25610825 BevaieS owned s avviadan: Tho0n"? | the institution in 1924, he was reported | P20 &ODE(A). 79 79 Tt Ag Ch o€ ¢ 3% 161 161 Tor | Bhibert'Thais), - Some of them sold off including Hudson | 18. Reserves for dividends, contingencies, etc. . 40,170.02 oo, |at that time to be BaokofMan(16)’ " o 5 and Chrysler. 19. Reserves for interest, taxes and other cxpense accru 57.699.93 frrenitn nd fxtures. the most I 3 nd . Timken Roller Bearin; Skt er " " pamace | bank president ¥ youth(u? Barnet Leather. int Bus Mu(6) Simmons £o(3). e 3 o & . ) - - b- -~ 20. Circulating notes outstanding . 985,450.00 e ke int Cement(4).. Sinclair O1l. p was strong but the f-atures were not ,450. Gash and Ao from Raike. sl The bank was started in 1922 and has | CAT"Sdall (A).. 38% 39 19¢ Gatn tog 8> Skelly O1112). 35% | found either in the automobile or the ' 21. Due to banks ...... - ool 2,339,488.22 S had ; saz7a | gained $700,000 in deposits since it | S2YUk 18t pf(7) 106 Batr (38 S € 20 * | Snider Packy G automobile accessory grouj | 22. Demand deposits . . . 6,590,447.98 T s RS TR Heacon Oll..... 204 20% 20 g S0 Po Sug(€335) .| “The rails did littis although there | 23. Time deposits ... - 6272247.40 Mr. Schrelner reports that the pres- | beionnUiit3).. 764 76 6% 1 e 5 South Culit kd. . was no weakness and Rock Island at |24 United States deposits . <o 91484004 e ent vear has been unusually favorable | pa RbenGm™Y 18% 13% 13% int Mer Mar pf South Dairtes A. : 5 |one time was up nearly 3 points but | 30- Securities borrowed 000 15 it sone ST syg0 s |19 ntituton's progress. The bank Spree R R TN R e s South Dairies B 1., most of the carrer sharis were % Other liabilities I 4956581 Syreiine et Ny 21.000.00 | "asel tal deposits to $729,- .. | Int Pa, 240). 3 3 h93 B! South Pac(6)... 12 g 2 neglected. beris s gy 17 Andivided rodtclnel 1 15AA1 | 579.64 since the controllers eall of| SC SIeelbE(T) 11k 1181y 1184 11s | ot FabOr(2e0). ‘ South Ly ($).... The market continued unchanged in sieese sues -$19,206,018.55 18 Retarves o Gdends. oo o8 | JUNE 30, again of $88.974.16. It would | pioorinkdale.. 44 44 IntPap cfs(2.40) 6! 0 59 | South Ry pt character up to the end. International 10, Recorven. for intarest. takes | appear that the steady growth of the | bow amiwier " 11 In Pap pf efs(7) SouRyM&Ucrs 4 1301 130% 130 130 | Harvester and Commercial Solvents | ypo akors di COX; cashier of the above-named bank, do solemnly swear that . : by oo ! Brightwood section is being constantly | pordan sikrsy. 1es 74 |inc Preg Ink 2%. Spauiding pf(1) s | foined the oth-r high-priced_stacks in | "¢ 300V statement i true to the best of my knowledge and bellef. & el - refiected in the bank's development. | yosion & Marne bt {nuusl(ver pI(7) ::::.-: Sae.. . 4 4 3 F tsl;; : {grwlrdd Imovenl\ent.m Bethlshem | Subscribed and sworn to before me this 11th day of ozicge'fog’;i T 27 Mamand Aamasi 2 Bri :FCo. lel & Tel(6) . 4 : creased its early gain and United it » 1028, : 30 Time eposite. pris Rlckmend Redioowirnts|Votime Up. . | BrisssMigrCo, LR Isiand Croek (4) Spiegel Co (3).. ! States Steel held around its best, iy ANNA B. ENGEL, Notary Public, 26. Bills pavable and rediscounts 60.000.00 | oy 1 y 3% 3% 178 Std Com To(f1) 2 P Correct—Attest: e e éa?n?"éidfiw’%”&cfl“&"m‘c’fifim‘:é Brockway pfe7) 180" 1is* 139 Johns-Manv (3) SUG &I (8%). g POTA e R. GOLDEN DONALDSON, City of Washinet, Bistict of Solumbla. s | rose from $53,442,000 on_ August 15 1 | ey CAisn(8). 268 270 268 Johns-Man pf(7) S G&Eprid). 6 4 - e TO0 MARKET FIRM. JAMES H. BADEN, . RUSSELL, 442, B v Y o T T Tty et POANOT: | 50971000 ‘on September 15, and the | Brermwine BsT 1al fa T 12, |Jonesd LauiT). WALTER 3. HARRI HOLOOMEE . Jot St O Cal2%). . 5 0% | CHICAGO, Octobe HNS0 Jordan Motor. .. . October 13 (#).— (United | WALTER J. HARRISON, ¥ S AT R it :&;cn“el;t:?;wa% fii‘!ix:?l(r‘,:“‘?;“x‘l%us Brunswick Ter. d0% 40% 40% TotaAR Mot o :::g:::fl'xlc*q,’ p 4ok 463 g:‘wmmm;nm of Agriculture).— | E. C. DAVISON, g%‘g%%“% N,“’ Subseribed a1 aaomn o befors. e ‘s | In AUgust o $60,406,000 in_ Septemiver, | Bucyran i) e S04 344 Kan City South. 5 SudSanbron1.68) B 8% S8 | 373 cars; total Drled Btones st : Di O N On 5 MOCRNRAT: Total earning assets of the Federal Re- | Buft Roch&P(4) 100 #101 100 Kayserd(6).... Ve 1,008 cars; trading slow; market firm REPORT %r CONDITION . $9,004, Total ... aLaes? Noorr pobiic. |serve Bank of Richmond rose in about | Burns BrosA(8) 138 158 o Jutiekine. ... M a ; i | on good stocks; Wisconsin sacked round ol nsreaaksagt: the same amount as the increase in | Burns Bros(B). 35 &7 85 Keith-Al pf(7).. 4 Std Millg pt(6). whites, 60a85, according to t C . K. - TRTDELIC, RIS PARRINGTON. | rediscounts, lotaling $64511000 on | BurnaBrospf(r) 103 1041 1ogw EE TN R S Wi condition: Minnesota and Novth Dakota American Sec“"“)’ & Trust Co. PATL SLFAAN. . August 15 ‘and $70,134,000 on Septem- | Burroughs: 14). 17215 17234 1721y A R 34, | Strom Carc2)... 60w 60y sy | oocked Trish Cobblers, 65a85; few fancy 3 ez Directors. 15. | Bush Term(g2) 58 59 581 Kol ayes(2).. et pmhin i shade higher; sacked Red ‘River Ohios, Of Washington, in the District of Columbia, at the close of business on g Member bank reserve deposits in-|ButteCop&Z.. ¥ 8 8 ols Wh pf (7). sl > 95a1.00; “ October 3, 1928. creased between the middle of August | Butterick Co. .. ® 45 KsivimsorQorp i3 3in | Studebak pf(7). o s 0; South, Dakota’ = ’ 3 5 sacked early Ohios, 90a1.00; Colorado | 4 ey the midie gust | B - s Submarine Bo b 4 e s, BORLADE o | RESOURCES. Park S‘n;ll;!'s‘?ttl;kmm $67,690,000 10 $T1,958,0000 T O | Byt i85 ow ‘oo e Kinaeyarits I e o Saeked Fuen, o oarsn, 0 "‘h"] 7 -$20.968,105.90 ety rict o ; i | 70a1.80. e Ciove ot Susiness o8 Octover 3, 1928, | D. C. Bank Report Stirs Comment. | Caiif Packgt4). 6% 764 Kolster Hadio 6 | Suverior Steei : | amisiea Other bonds, stocks and securities owned .. ceeei.. SIT32018 1. gt 2 RESOURCES. Local bankers were commenting today | D pinoi Bh. 8% o} Krattslie).... @ ; g Srniaxue, i CHICAGO DAIRY MARKET. & > ,308.551 0% i 3 $2308 550 4% CHICAGO, October 13 (®)—Butter | g: Customers’ liability on account of acceptances executed . . 1,032.63 1. 9. 10. 4. . Loins and’ discounts with great, satistaction over the Somut, | C41UMELEAF(§). 118% 1131 KKresge(11.60). . 2 | Symington C A. Overdrat - Calu & Hecla(2) 32% 321 3 Kroger Groicl) 3 B 3 lation in yesterday's Star, showing a | ¢, Krog 8% | Telautogh(80e). 19 3 anking houses, $1,403,19264; furniture and fixtures. 43.900.00 | gain of over nine and one-half millons g:: L}::zl;i'e‘l‘x‘«)l' g zfg% 2;:'* b Krueger & T Co. % | Tenn Copper(1). 15% ::’cg{ngg‘m:e;elm;ule.‘nqu c:"b’ @ $255,968.19. ........ vee.. 1,650,161.83 ptins se1.mo51 | In deposits in local banks since the call | canon Mils 280 % 4 4% 216 | | agoomi....... Corpn(3). 67% 4 : bt e i ‘: H:;l:l‘d&, Real estate owned other than banking house . 2 omkine House, $94.391. of Juns 30. The most interesting fact | Gar C180 sta (5) e i Lambert (183). Texas Gait Sulc: 6% 4 Ja: 3 rsts, 4215 to | 172 57 ver, was the revelation that the | .. - ee Tire & Rub. ex Pac C & O1l. - 16% e i ¥ 1 7. RESAate cuied other than o o+*" | local banks have added more than $24,- | S35 s e Leh Por Cmt 23 4% Tex Ld Tr(new) 234 p exfi“fi&fi"g'g 10869 cases (2 days).: | 7h:a7373 | 990,000 to their deposits during the first | Gent Y% i A" A Lehigh PC pf(7) The Fair(2.40). 43 2% | nary firsts, 27 to 29 35; ordi- | — 008939 | 10 months of this year. After reading | Century Rib) . e Lehn & Kink(3). 6 Third Avenue.. 37 a 2. ceeenn...$40,646,907.28 237 | the figures one banker exclaimed: o Pk Life Suv(1.60).. Thomp J R(3.60) 66% | “Where did all the money come from | Certam-Teed(d) i 3Tk 3T% BT (1o Myrs B 46 Tidewater AsOf] 22 2 SHOET-TEBLVI g 1| fo bring about such surprising in- | candiet Gl - Liq Carb (14%). Toh G| TIAWASOUDF6) wae & \ petiviee e wsfifigfglis; . Gapltal stock paid in ....... 2 .. $3.400,00000 LIARTIITIES. | :::: SRE I S0 Corpn3). 66 & 2 ¢ amieEOl ne I AT Bid. " Omer |17, Undivided profits-—net .. o5 . "m,??g.‘fv'«? Gapital stock paid in £50.000.00 ers’ Monthly Bulletin Appears. i 0 3 g . Tobac Prod (8). 101 Amer To1. % Yot cor o g, o4 102 {4 | 18. Reserves for dividends, contingencies, etc s . 162,099.87 .o X The Monthly Bulletin of the District i :ln“nl & L L Wi Tobac Prod A(7) 114% 114 fnnconda Copper 65 1920......" 100" 100% | 19. Reserves for interest, taxes and other expenses accrued and unpaid 116,232.24 3 Bankers' Association reached the desks | i ¢ ad W o 2 ¥ Tob Prod cfs(A) 23 23 > atevien Por des 1933 ©98% 99 . Due to banks ... 1,311,289.72 . Time eposits 34 | Of the members today. It stresses par- | < Gt Wemt pf. ‘Lranscont Oll.. 7% 8% 7% 1l Tel. # 1073 3 . . «ev. 18,014,542.83 soeasser | cularly the regular October meeting | i i)'y as b : Transue & W(1) 50 50 pet. Corp, Sls 1038 d X . 13,799,507.65 n“m"rg‘nmh Sia :263.61 | of the association next Monday night Chi Mil & StP pf LoutstiasA(1.76 Trico Prod(2%) 41% 41% L g, i930. % | 24. United States deposits . os . 118,800.00 T RORERT & the |and the matters to come up at that | oy g n Lquis & Nash (7) Twin City RaTr. 34% 34% Chesa. & Ohio Rwy. 4las 1t 983, 993 | 29. Acceptances executed by of for account of this bank.. 1,032.63 Ch: & Nwn(4) % :.h‘.:b;',,:.sh”; % ‘mmnlv .h:gu'th;; time. The association has also ar- Chi R1&Faci6), 129% 1279 Ludlum Stl(2).. 7 Udwd £1 F4) 3% 78 lus m&& 55 12 = |31, Other liabilities .. o e 3,686.34 m7 Enowiedes and feiatl 2 0 07 7 | Taneed for 8 pew service to be offered | Cyioxasha (3). . 52% b2 McAndrews 2.60 Union Carb(6).. 184% 184% Piiauesns Lizhting 4izs 106 ; Total bt 2ot o o b Chrier. | and stock spllt-ups, which often result oo S s feCrory AL T BT [ Erle Ry o te°Ha%0. » 103" | City of Washingion, District of Columbia, s SiTabaEibeg s sworn. to in a material reduction in the value of | Chryiar (s s s 18848 1308 1915 | Makesapt Tia B) DIw ERsIso s Beh Aa . Pet: Sore's _ H o8 1, CHARLES E. HOWE, treasurer of the above-named bank, do solemnly (Seal.) Ri T e :mfi:{?nn:eglrlm;n:ntg "°§"h’;’,',’§'s' City StoA(3%). 5 5 Mack Truck(6). Utd Biscuit 1.60 9% T. & R. 913, 921, | swear that the above statement is true to the bcut of my know] and bélief. ® such cl es | (v % 'HARLES t—Attest: City St B 5% stk Macy Co (2 ¢ Utd Cigar St(1). 2 2 f E. HOWE, Treasurer. oA mopr v, warn, |10 values 1s now avallable to the mem- | CiVit Peagib) ;. Mua sa Gar (31 b R F Sl SR i Subscribed and sworn to before me this 11th day of October, 1925, A. P. JORSS, # ¢ - Coca-Cola(6)... 16 Magma Cop(3). Utd Frunti 15% ) 134% 1364 3 I & WM. H. DORSEY, Notary Publ:a o * Directors. Gleaned in Financial Distriet. Collins & Atkmn Mallison & Co... 3 U S Distributing 15% 15% (My commission expires July 15, 1932.) National Savings and Trust| 8% Saitver oo, of (Chesapeake & Soas & Elrg) 1295 128% e Kz (45) u L WAL J. FLATHER, Jr. order authorizing the Virginian and | S°! G&I DfA(B) 107m 1075 107% 1075 | Mariand Oil.... 3 4 1% 8% A 2 Company Norfolk & Westorn to construct. addl. | Co! Carbont4). . 9TH 961 Marlin-R(3%). u 3% 43k 0l So_ oalit 53 i 944 v 19 PEEEP 88,857.21 Cash and due from banks . 6,036,367.29 Outside checks and other cash items 288,443.09 Other assets ... 330,590.55 * “r esssseieaiaaa...$40,646,907.28 Correct—Attest: R Of Washineton. in the District of Columbia, # Com Cred(1)... % 47 45k Marun-Parry... 4% 2% et At the"closs o biaines G Getober 3, 03 | eyt Wast pu- | Com CF bT L% 2% 2 Mathieson(6). .. ] Smolt (3%) 5l 521 Wil h $03,%% e PREOURCES. e Y 3 Eum Crls;nf 6% 96 96 :ddny Uc»t’s’u). S U 8 Steel(7) 163% 166% eling Steel Corp. 5'4s 1948 Toant and discounts. 4 2 Com Cr pf B(2). 25! 5 laytag(13).. 2 U 8 Steel pf(7). ity ed L. 3.178,438.47 -4 “om Inv (war),. 24% 24% elville Sho ' Un Leaf T pf(8) 12 2 . . Bankine house. £1,36% 51,65 24 executive matager of the Amerioan | o0, o (W0« 83 820 Mengel Co 38% | Univ Pipe & Rad 23% 2 E Consult Us First Charier No. €147, Reserve District No. 5. o T Bankers' Association. Judge Thomas B. | 5ot Lo B 5% e o R REPORT OF CONDITION 161068 1,597,420 50 P.lzon will again serve as general coun- olvents(8) lé: “;" Mesioar man: .. o Util PAL Aced). the sel Cash and om [0 1/609,781.61 Conde Nast(2)., 7 Ovteide checks and othe: » of . > 7 4% e Vanadium(14) If you need money fo Congoleum-Nair 26 26% 2 Miami Cop(1).. y y for ‘ cash Hems ... ... . 34943149 | Stockholders of Safeway Stores, Inc., . E k- ReAemotion fund with 1. 8’ will vote Monday on the plan to split | Cong Cgrs (16). 8% 124 e e o your Real Estate financing LINCOLN NATIONAL BANK A Teramnnay QU€ from . ines | UD the outstanding common stock on a | Con Kt priz). 26% 25% §154 Btates otfa Vick Chy 4 let us have your application ©Of Washington, in the District of Columbia, at the close of business on Other assets .- 2.203.30 | five-for-one basis ahd increase the au- | Consol Gas(s). . 8% 1% MidIang pf\ 112) 3., | Victor Talkg (4) 2 tod October 3, 1928. ~—— | thorized issue from 150,000 to 1,500,000 | ConsolGus pf(5) 99 sl S v oday. Total .... §18655.772.40 | of no par value. This is the concern | Consol Textile.. g1 Miiler Rubber. . Prompt Service TIART which is_soon to unite with Sanitary | Jontajner A 1.50 21 Sling StPasaM. Va-Car Ch pf(7) i X 051, B ek v nan a0 00 | Grocery, Ine. Container 6. 12 12 g | RO e AT, % | i 3 b Call Lo Lo Overdrafts b g 23888§ESSS & Zurnlue e e X Walter P. Chrysler, president of | Cont Baking A 38% Mo K&Tez pf(1) 1034 10: it THiel Comiacrtals Natota) et et e T aevy 1ot r "damaan | Chrysler Corp., has asked Interstate | Cont Baking 8. . 7 e g Vulean Detin... i . Other bonds, stocks and securities owned . 979139.01 Tomand Aenneii 437,374 58 | Commerce }Sflrflm&slfl;\ !d?r :&tgozi:y"gg Cont Bak pf(8). 83 83 83% | Nohwk Car 2%. v Wabash........ % TT% Ipany . Banking house, $347,347.36; furniture and fixtures, $27,279.94. 374,627.30 serve on the board of dire Cont Cantb). % LL7% 116% 1174 | Montemry W (Th Waldorf(1%) 22% 23 Incorporated . Real estate owned other than banking house ....... 244,301.80 e oy e | o e . | congIRsuriGy 9% 9% g - i Y | Watmarthi1 00 . & - . Reserve with Federal Reserve Bank . 433,830.36 47 FRARLES" €O VAMBORN, trapurer ‘ot | STVIOE on the board of the Ohicage, L o e L8| Mother Lot30e). ; Ward Cl A(S). .. 3 eial Nationa! Bank Bids. e LR T LR 819.478.61 5 Ann Arbor Railroads. Corn Prod pf(7) TR Tt LI o Pt B b 2 aption fund with U, rea: u. iy -mawledze and halief. N 4 3 - 3 3 Motor Prod (2). Warner Bros Pic = . Redemption fund with U. S. Treasurer and due . 8. » T e e ARLES o, LAMBORN, Coty Inc(gd). .. 284 284 281 |\oror Whicz). e i | Warner Pic A. 109% 110% ‘Treasurer . €,000.00 A b L . " k. . Subscribed and_sworn to before 'me this| U S. TREASURY RECEIPTS. |Crucid Y T T "44 | suitine meg. Warner-Qu(2).. 40% 40% Other assets . 8.629.60 10/h "dav of Oetnher. 1028 United States Treasury receipts Octo- | Cuba Cr Munsingwr(3). Warren F&PIps. 26's 27% 1 STRENGTHEN s Yy ) AL ni ry D Cuba Cane Su pf 14% 14 14% 2 o wenn . . ) ey ok l;mzyi-kww» ber 11 were $7,577,131.56; expenditures, E Cuba Company . 20% 20% 2 UBURYCHES: <. w::a,.fll:fl"fifln 132% 132“ 2 (4 YOUR BOND g n expires June 13th, 1932. | §12 626,430.98; balance, iwx.sos.aas.so. Cuban Am S(1) 17> Nash Motra(16) W Penn El pf(6) 100% 100% to 2 Y R VER e bomnie B L L L S i 6% | West P Po pf(1) 116 116 ACCOUNT . Capital stock paid in . $400,000.00 TnTay may GERMAN BONDS AND STOCKS.|Sudsny Phics) JS2ie 8T Tk tardecue tata ) 224 \yomt Dairy B. . : 6% Buy . Surplus 400.000.00 rp! ¥ inn. West Maryland. . Undivided profits—net . 252,204.76 TLEY. pscial Dispatch to The Star. Curtiss Aero rts 8% % 8 |NatBHesspfi7) : : 2 Spocial Dispatch to The Star. st St B aeus ] Nek Bteanteert) West Pacific. B lsdiad MUNICIPAL Reserves for interest, taxi Cushmann pf(7) 135 135 135 |Nat Bisc pf(7).. ¥ POZIFR DULANY. unpaid Rt 22,500.00 : v Income N| . di K 550, A b LI i 1165 110 | Nat Cosh R A5 150% 151 m BONDS Circulating notes outstanding 116,550.00 63 °i*u?°."&’§i‘% ‘f‘&é“n"{i‘.‘.f’.".‘? 5500 60.00 | Cuyamel Froit.. 62% 63 62 : Jer Govi, Red Lean withoit o Javre 3 R raw ctfs per 1 X ¢ A 5 ) VICTOR xAurrMAml.m o H.’ggggd‘}?‘ r}gl‘l’-u ner‘mfl_llol% _mflrk ) oo | Pebenhms(2.18) 39% B89 39| ‘Nt Enamel & 8 r Weston Electric — DIrector®. _ | 'Quoted in’ dollars ‘Ber thousand mar Vi 1 ot 4Y -1 Money to Loan So Sen Hes & BN Becared by first deed . | Berlin 4s pre.war Hamburg 3s, 3158 & aF Hamburg American Line 41s. u.wvflvg;—n-(ém. NEW YORK, October 13.— T 44% a4t (Direct Taxation Due to banks ... ©207.119.04 Davison Ch 5o 61% 60% 60% r 9 ‘esthse 1s 2% 2 2 Ty 1 e e deposi e . X .2 e o Nt Goame o Eagle(2), 28t e s A e B ottt s reciscoiaita 35.900.00 Deere&Co pf(7) 124% 124% 124% 4 White Eagle(2). ‘We Buy, Sell and Exchange Local Stock: o payable and unt 256,000.00 Del & Hud(9). . 189 189 189 | Nat Lead prALT) White Motors(1 38 and Bonds. @ “§| 31 Other liabilities 65,000.00 3 4 White Rock(2). 41% Pirst Mortgsge Notes, e A1 241 211" | Nat PowsLtal) White Sew Mach 39% 3 Iargest insurance companissce Total erieeeieie. $8,475,654.50 Diamond M(19) 160% 160% 160% 160% g Willys Ov(1.20) 28% 4 S meeciiits in, these securities, our B | Washington, D. Dodge Bros A. . e Wilson & Co.... 11% b |l preomueacaiiony. are’ g AMES A. SOPER, cashier of the above-named bank, do solemnly swear 3 1J Dodge Bros pf 1 106 ) s - Wilson Copf A 28 e that the above statement is true to the best of my knowledge and belief, Dote RbAIT)- A BIL R | pRra1e). , 309% | Wilson & Copf 66% ries Teceive our prompt A, SOPER, Cashier. 5 wiil g Woolworth(5). 194% 197% . | [ courteous’ attention. AMES A LR 1 e LR 7% | Wright Aeror2) 164% 166% We Loan on Above Securities. ?wd et Tyouin v mhmm"m d:’&‘mocwfi;fi' Public Dupont(113.60) 401 NYOC&SILIS, . Wrigley(15%). 76% 75% BANKEI’!S‘ o : Du Pont deb(6). 118% 118% 118% 118% | Ny N & H (2), ilete el . SE 2B Gastman(18)... 177 178% 177 178% | N 7 Rallways pf " 3 Youngstn Sh(6) 93% 94 93% INVESTMENT COMPANY Katon Axle(2).. 60% 60% 59% 59%|N Y State Rys pt 6800003 Spgci.]i“‘ in Muni al Bonds 2 . Eisenlohr&Rro. 55 56% 55 554 | N Y Stmpf(6).. 99% TIONS. i 3 :::;:f:n: n’flfi":l 100 109 109 109 ! Rorr & Wn(110) 1801 8 SILVER QUOTATIONS 734 Southern Building ~ Main 1596 i Mercur Bank Vienna, P Elec Auto Lt4). 110% 111% 110% 110% NorAm b10% st} 72% % 2% NEW YORK, October 13 (#).— Bar ‘Washington, D. C. S e all Aitring AE'G (Gen Bie6L Wleotric Boxte s 32 324 12 124 NorAm Rdpf(1) 1014 100 101 105 siiver, 533, Mexioan dollara, 44V . \ ; ¥ K PERES e L LHEY Dusseldor{ e e Trust | North German Joseph 1 | Krupn S5 Frankfort a-M 4s pre-war. P unich 4s ~WAr . 5 M Dre. EEEST R 4 (Quote z = WE FINANCE e Elec) o —all classes ot income-producing | pommerzand Privat Bank ot Disee haft Large Loans a Specialty || Disiento (Gellicha Ourrent interest rate and commissior Beische d?:gfisv ¢ reien 5 armstacdter Bank. Higbie & Rizhardson, Inc, ||| B25a5 Giem 3333333333 233338333373 SHAANEDECS Lol ant »ELEBE58B5 05 T33352382238!