Evening Star Newspaper, March 25, 1930, Page 12

A THE EVENING STAR, WASHINGTON, BUSINESS DECLINE * CONTINUES ABROAD Absence of Seasonal Revival Reported More Conspicuous During Past Week. Bpecial Dispatch to The Star. NEW YORK, March 25.—Cable dis- patches to the Business Week give the f&lnwmg survey of business abroad for the week ending March 22: Europe.—Slow cycle business depres- sion continues. The trend is feature- less, dull, with the total absence of sea- sonal revival more conspicuous this week. No material changes are expect- ed before world values stabilize and surface fluidity of short-term credit thaws frozen long-term loans. Financing facilities are everywhere inadequate, ex- cept in France, where February bond wsues nearly doubled any previous rec- ord. but this week were contracting. <tcrman promulgation of the Young pian opens the way for ratification by creditor powers. The British govern- ment has already authorized ratifica- tion, Italy is expected to ratify next week and Belgium by the end of the month. In France, however, opposition parties may seek to embarrass the Tar- dieu government, though Paris authori- tles expect the bond issue will be pos- sible by early June, unless unexpected difficulties arise The tariff truce conference is con- verging on .the French proposal for a | one-year fixation of tariff treaties or for autonomous schedules as existing on April 1. It is likely, however, that this schedule will be further narrowed by Mits submitted by each country of cer- { tain artices to be excepted during the truce. Underlying Conditions Poor. Great Britain.—Approach of the fiscal year end tightens money, but the strin- gency is believed to be transient, while new optimism is springing from the second bank rate reduction to 31, per cent, strengthened by expectation of the early renewal of relaxation. Gilt-edge scurities markedly strong and with good subscription. Rapid sale of Southamp- ton issue signifies revival of invesment capital, but support of industrial shares is still hesitant. The more confident business tone itself is an asset, but un- derlying conditions and prospects cer- tainly are not bright Restricted basic manufacturing and high unemployment continues contra- seasonally, while low forward orders tend to discourage hopeful anticipa- tions that turning point is approaching. February foreign trade, for the second successive month, is smaller in volume and below both 1928 and 1929. Import losses are chiefly in cotton and wool; export in iron and steel, machinery, textiles and automobiles. Completion of budget estimates indi- cates current deficit will be, at the mini- mum, $75,000,000, with a prospective deficit of $200,000.000 for 1931 on the basis of current tax rates. While some look for ng material increase in direct taxes, London City is expecting a six- pence—possibly a_shilling—increase on income tax, already four shilling to the pound. ~ Channel Tunnel Outlook. Rejection of the expert subsidy clause in the coal bill is the first defeat of the Labor government, but, while the posi- | tion of the government is precarious, the opposition is unprepared to provoke the election issue. Opinion is general that labor, if retaining office another year, will defeat itself through failure to Telieve unemployment. ‘The channel tunnel committee re- ports favorably on providing a pilot tunnel estimated to cost $28,000,000 to be built over 2! years. The committee establishes the feasibility of main shafts estimated to cost $125,000,000, and re- quiring four and one-half years to con- struct. Also conditional undertaking by a private enterprise is now ranked as fu- ture probability. Lord Kylsant makes good the report of the King line that it is his intention in future to form a national shipping combine, Some consider this only a forensic defense of his own interests ‘whose general position 15 still baffling, although it is evident that recent finan- cial support has been forthcoming evi- dently from banks previously pressing for settlement. German Business Unsettled. Germany.—Political confusion con- tinues. Business is unsettled, notwith- standing the final promulgation of the Young plan. Hindenburg is appealing for the collaboration of all parties to meet the urgent economic needs of the country. While the Upper House passed Moldenhauser’s financial program, the coalition parties in the Lower House are divided and deadlocked and are proceed- ing along elaborate independent pro- grams. Meanwhile, failure to pass agricultural relief measures has precipitated new turmoil. December’s increase in farm products duties has failed to stabilize prices and, following the cessation of government purchases, rye has dropped 15 per cent in a week, to unprecedented levels. The food minister asks Parlia- ment to authorize the government to make an unlimited increase in wheat and rye duties until prices stabilize, in- crease barley and sugar duties, estab- lir" an import monopoly on corn. TELEPHONE SYSTEM WILL BE IMPROVED C. & P. Co. to Expend $302,935 During Quarter in ‘Washington. TImprovements to the telephone sys- tem in Washington, including routine construction for the second quarter, in- volving expenditures of $302,935 were authorized by the board of directors of the Chesapeake & Potomac Telephone Co. here tod: The facilities authorized include un- derground cable relief in the Adams- Columbia and West central office dis- tricts. The routine construction includes additions to buildings, outside plant, central office equipment and the in- stallation of telephones and private branch exchange switchboard equipment in the District of Columbia. This appropriation brings the total ount authorized for similar work in Fashington so far this year to $481,670. CRUDE OIL PRODUCTION DROPS AGAIN IN WEEK By the Associated Press. TULSA, Okla., March 25.—As abrupt- 1y as it started upward during the week ending March 15, the estimated daily average production of crude oil in the United State coursed downward again during the week ending March 22 to ;zmer a grand total of 2,540,806 bar- , 43,601 less than for the preceding week, the Oil and Gas Journal says ay. wgum oil dropped 45239 barrels, ap- parently due to continued proration in the midcontinent area. ‘Oklahoma contributed 36,005 barrels of the total decrease, of which 21,070 was registered in the Oklahoma City pool alone. West Texas area lost 2,470 barrels, | W while the total midcontinent area drop- 38,554 in light and 600 barrels avy oil. The Gulf Ccast heavy area gained approximately 2,680 barrels, while the Southwest Texas area dropped slightly. California showed a decrease Washington Ticker BY CLINTON COFFIN. Associated Press Pinancial Writer. A demand for less Government in business is always rated a good cam- paign cry in the United States, and yet getting more Government into business seems an inescapable result of legisla- tion and administration in the National Capital. Late yesterday the House, gnctlully without dissent, adopted a ill providing a complete system of Fed- eral regulation for passenger traffic on highways and creating the machinery necessary to make it function. Appar- ently everybody interested in the’ prob- lem, whether "as bus operators, road constructors or State lice authority, accepts the conclusion that the business, important and growing as it is, must be taken under the Federal wing in the interests of the public. “Dehmte a the bus bill didn't bring in a single amendment to which couldn't agree,” Chairman Parker of the House interstate commerce committee, who has worked for seevral months in preparing the legislation, commented on its passage. “The measure went through without any substantial alteration from the form in which the committee re- ported it.” If the Senate accepts the measure— which seems somewhat likely—no bus can be run on schedule over highways in interstate transport service unless its owners possess a certificate that public necessity and convenience require the service. The Interstate Commerce Com- mission will be finally responsible for issuance of the certificates, but joint boards of two, three and more States will have primary power to grant or re- ject them. Further, no person owning a bus will be lawfully able to take a party of peo- ple on an interstate trip unless the owner possesses a Federal permit al- lowing him to render the service. The {granting of the permits for unsched uled operations is intended to be a pe: functory matter, but there is clear in- tent in’the law to let the Government control this form of business. Rail- roads are specifically enabled to enter the field of bus service by the measure. Senator Couzens of Michigan, who heads the Senate committee on inter- state commerce, is interested in the highway transport act and may get it out this session. ' If he does not, it will only be because his greater interest in getting created an entirely new Gov- ernment commission to control power companies takes up all his time, and that proposition likewise entails a man- ifestly new extension of Government into the business field. Senator Howell of Nebraska has put before Congress, in the form of a bill, a new kind of method to make work- | able the scheme of recapturing for the public a portion of what is termed the excess income of railroads. One of the novel features about the Howell pro- posal is that it entails the giving up of the so far rather futile attempt the Government has made to actually col- lect money under the scheme. As originally laid out in 1920, the re- capture law declared that one-half the amount any carrier earned in excess of a 6 per cent return on a “fair valua- tion” of its property should be paid over to the Government. In the decade since that time only trivial sums have been collected, use it has been proven almost impossible to fix a fair valuation that would ;:u the court. The last theory of the Interstate Com- merce Commission on valuation, as a) plied to the St. Louls & O'Fallon sys- tem, was nullified by the Supreme Court a year ago and the recapture prospect again postponed. Incidentally, if the court had accepted the O'Fallon valu- ation principles, the more prosperous railroads of the country would have faced a Government demand for $400,- gon,ogg out of their earnings of the last ecade. The new Howell plan proposes that the carriers should retain the excess earnings, when their amounts are finally determined, and pay nothing to the Government. They would be re- quired, however, to spend half of the excess on new extensions and facilities, on which they would not be allowed to earn a return. The other half of the || over conditionally to their stockhol ri | | excess they would be allowed to or to use in reducing fixed debts. In addition, the Howell bill proposes | | to clarify the fair valuation srwnfion but in so doing would indorse the meth- ods the Commerce Commission has fol- lowed. Railroad scouts are inclined to be critical of the terms suggested, and it is clear that the prospect of recap- turing any real money from carrier earnings isn't growing much better. Latest studies of installment selling as it applies to the automobile business rather indicate that this form of sales has fallen off less during late periods of depression than has cash selling. The Commerce Department has rvumfed up practically complete re) from the corporations financing auto installment sales for January and finds that the actual number of cars sold in that fashi 2 during the month was 162,060, on which $72,011,000 was advanced to purchasers. In January a year ago total Install-|| ment sales of the same concerns amounted to 152,226 cars and the ad- vance was $74,278,000. In December auto installment sales were 171,205 cars and the advance was $78,410,000. cash sales of autos during January ap- parently was about one-half that of the || same month last year, whereas install- ment sales were practically unchanged from the previous period. This sents one of the unexpected angles of time-selling practices which has grown up in recent years. Certainly, as to au- tomobiles, it is clear that time pur- chasers remain in the market when|! cash purchasers have partially with- drawn, American trade observers in South America say that the talking motion pictures may end by spreading the use of the English language. In several countries there the fact that the di: logue is in English hasn’t hurt the po) ularity of the screen productions im- ported from the United States at all, even though Spanish is the native lan- guage of the bulk of city inhabitants. Walter J. Donnelly, American com- mercial attache at Bogota, in a dis- patch to this Government says that Colombians are rather enthusiastic about the English talkies, provided al- ways that a certain amount of music is included with the dialogue. Though American makers have long been turn- ing out foreign language “talkies,” it is being found that the English versions || meet, South American tastes to & rather surprising degree. COAL PRODUCTION. By the Assoctated Press. ‘Total bituminous coal production in || the United States for the latest week for which the mines bureau has completely estimated and comparable periods fol- lows: Week ending March 15, 8, tons. Preceding week, 8,56 Ee 00'0 Same week last year, DIVIDENDS DECLARED. NEW YORK, March 25 (P).— Regular. Pe- Pay- te. iod. able. Q Pay- Hidrs, of record. Tap. .. ... 50¢c Y 2 Can Fairbks M pf.31.50 Comwealth Edison... $2 Eiwell Parker El Gemmer Mig A Gemmer Mfg A ¢ GrWes 8% B v ] 3 7% "B 31 Inter P'l‘ Ink i 5¢ =De of Inter Util Cp A..87' ;¢ Do. 37 pf......$14 Troy Sunshad il 175 50c 00000DOOOOOOOOOOD! Winters & C Mig A.80c Worthinston Ball A'506 Extra, Elwell Parker Elec. 81 .. Troy Sunshade.....235c .. | of 5,450 barrels, recorded mainly in the Banta Fe Springs area. St e IR ' Pifty years ago platinum could be Pought cheaper than gold. Minn North Pow... Stock. Natl Shareholders..1% Omitted. Midcon Laand A...30c @ Due Apr. The | pre- || BALTIMORE EXCHANGES CLOSED FOR HOLIDAY Special Dispatch to The Star. BALTIMORE, March 25.—The Balti- more Stock Exchange, Grain Exchange, banks and other financial institutions, and 3tate and city offices are closed in observance of Maryland day, a legal holiday in this State. Brokerage offices are open as usual, however, to take care of New York business. Notes and other financial obligations falling due today at Maryland banks are payable to- morrow. CHICAGO DAIRY MARKET. CHICAGO, March 25 (#).—Butter un- settled; receipts, 14,416 tub: extras, 373 standards, 373 31a32%;. [Eggs unsettled; receipts, 22 295 cases; extra firsts, 241,a25; graded firsts, 24; ordinary firsts, 23a2312; stor- age packed firsts, 26; storage packed extras, 2615 21 tub, 4012841, rent receipts, 2413a25. old 28a30; Spring broilers, 40a42; ter chickens, 32a35; Leghorns, 30. 60a65. 38; old, 32a35; ‘Winter chickens, 37a. fowls, 30a31; capol keats, 80a90. 28a30; fresh hams, smoked hams, 28: smoked shoulders, 20 a22; bacon, 28; lard, in packages, 13'3; | in_bulk, 13. 13; Spring lambs, 20. keep a man afloat. s ‘Wholesale Market 41a42; Butter—One-pound ~ prints, 36; cur- Eggs—Hennery, Poulty, alive—Turkeys, young, 32a33; 24 eyl Win. 6; capons, 32a35; ducks, 15al Dressed—Turkeys, young, Spring broilers, 45a46; ; Leghorns, 32; , 35a40; ducks, 30; Meats, fresh killed—Beef, 20a23; veal, lamb, 22; pork loins, 28a30; 26; fresh shoulders, 22: Live stock—Calves, 8a13; lambs, 10a One pound of cork is sufficient to PAINTS...VARNISHES...DUCO Get Good Paint U PONT Paints wear better and | longer, but they cost no more. The du Pont way of testing paint nsures satisfaction on every job. Colors endure.Your b finishes created by du Pont scientists. master painter will be glad to use du Pont because he knows that du Pont paints give satisfaction. Du Pont offers through us a useful Color Service which helps you decide on the exact scheme you like est. Drop in soon and learn about a lot of better HUGH D. C, TUESDAY CHICAGO LIVE STOCK MARKET CHICAGO, March 25 (#) (United States Department of Agriculture).— Hogs—Receipts, 17,000 head, including 2,000 direct; market mosjly steady; medium-weight and heavy butchers, steady to 10 higher; top, 10.60, paid for 170-190-pound weights; choice 280- pound weights, 9.65; 340-pound aver- ages, 9.35. Butchers, medium to choice, 250-300 pounds, 9.25a10.00; 200-250 pounds, 9.60a10.60; 160-200 pounds, 9.75a10.60; 130-160 pounds, 9.60a10.60. Packing sows, 8.00a9.00. Pigs, medium to choice, 90-130 pounds, 9.00a10.25. Cattle—Receipts, 5,500 head; calves, receipts, 3,000 head; market conducted in heavy blizzard; trading consequently slow, but sales unevenly steady to 25 higher; most steers 13.00 downward. Slaughter classes steers, good and choice, 1,300-1,500 pounds, 12.50a15.00; 1,100-1,300 pounds, 12.50a15.00; 950- 1,100 pounHls, 12.50a15.00; common and REILLY CO. DISTRIBUTORS PAINTS AND GLASS 1334 N. Y. Ave.—'Phone Nat'l 1703 Du Pont Paints Are Sold by the Following Named Dealers: NORTHWEST 809 Ga. Ave. 3124 14th St . 'B. RECTOR. .. SILVER HDWE. CO. LAWRENCE TURVILI SAMUEL ~ULLMAN 17 UNIVERSITY HDWE. €O. 3304 Wise. H. WOLF. reens 1000 MAX ZEVI NORTHEAST FRED M. HAAS & SON.. 2016R. I HANNON & McGETTIGAN 352 MODERN AUTO SUPPLY CO. MOORE & CA! L. E. WEDDI? ALEX. J. BERLI SOURT E. : GEORGE B. ST WM. R. WALLS. SOUTHWEST S. TUROVER. 1L D. WEINBERG. . CHAMBLIN'S COLUMBIA_HD! A F W. W. WELSH & CO. NEARBY MARYLAND NEARBY VIRGINIA PHARMACY. o WE. CO. CRAIG & WRIGHT MANASSAS HARDWARE MARCH o5 1930. medium, 850 pounds pr, : yearlings, and__chol pounds, 12.50a15.00. Heifers, choice, 850 pounds down, 212.50. i ki good and | cutter, 5.001 11.50a13.75; | common and medium, 8.00a11.50. Cows, ' 6.50a8.00. (beef), 25; 8. 3 ers (milk fed), cutter to medium, good Fed [good and choice, 7.75a10.00; common |and 50-950 | and medium, 6.25a7.75; low cutter and .50. Bulls, good and choice and medium, 8.25a10.50. SAVE MONEY (© the Condé Nast Publications, Tne. decorating gardening House & Garden One of the Condé Nast Publications IGHTLY read, intelligently used, House & Garden is a practicsh money-saver for everybody who has taste and a house. If you are about to build, it shows you every good type of house, large or small, with floor plans which you can use or modi- fy for your own dwelling. If you are about to decorate, it shows you the most distinguished work of the best dec- orators. It gives you color schemes, buyable furni If you are about to garden, its Gardener’s Calendar, planting tables, landscape photo- graphs, articles by experts on new types re, wall-coverings, fabrics. and varieties, form the best gardening guide published. It applies equally to the estate owner and the suburbanite . . . to the duplex apartment and the made-over farmhouse... every issue contains answers to the prob- lems of each, and inspiration for all. For $1, new subscribers may have bers. SPECIAL OFFER open only to new subscribers 5 issues for $ the next 5 issues + . the Summer Furnishing, Garden Furnish- ing, Small House, House- hold Equipment, and Au- tumn Decorating Num- ign and mail the coupon today. FIRE STATEMENT OF THE CONDITION OF THE 0ld Colony Insurance Company of Boston, Massachusetts On the 31st day of December. 1929. as re- quired under ‘the District ‘of Columbia CGoda, amended June 30. 1002, and August Cavital st Capi Cash in office. . . n "bank estate mortEages d " bonds’ $18.720 30 198.610.79 first, 2 . 8.000.00 imarket + 8.727.664.00 12.002.00 336.048.28 50,065 43 23.220.42 19.372.387.41 Preminms uncollected and’ in hands of agents - Intersst du All other Total assets . nd accried g s LIABILITIES. Net unpaid claims..... Reserve as required by Balaries. rents. expenses, $417.431.46 1.948.002.58 Commissioni: brokerage. eb Gagital stock - All other liabilities. Total labilities .........33,601,914.31 Character of business transacted during the year 1929: Fire. marine and inland (including antomobile) mount of risk assumed dur- Aot the 'venr 197 B Losses sustained durinix the o 0 Iney weceived during” the b A e 2,685.992.60 : 1.987.064.99 E. WINCHESTER. Vice President. W. J. CHISHOLM. Secretary. Subscribed and sworn to before'me this 20th day of February. 1930. h .) FREDERICK M. IMINICK. g o Fubitc. CASUALTY AUTOMOBILES Representing several of the largest insurance companies in the world, we are in a position to handle any line of insurance, no matter how large or how small. Rates are fair, and in case of loss settlements are prompt. STATEMENT OF THE CONDITION OF THE Citizens Insurance Comp:ny of St. Louis, Missouri - On the 31st day of December, 1029, - Quired under - the Distrer of Golimba Sode, amended June 30. 1902, and Ausust Capital SLOcK ... iiiieniin.n, Capital stock, Paid up, In cash. % $200.000. 000.00 200, ABSETS. Cash in bank.. Real estate mort Bilis receivable ... Premiums unccliecte: hands of agents.... o $300.454.04 o3 (first lien) 797.160.00 ... 213.439.08 Total assets LIABILITIES, Net unpaid clatms. ... Salaries, rents, e; etc fasis Cavital stock Surplus . g Total liabilities { business transacte the vear Tozb: Pire," motor Vehtcles Tors ; nd crop. NIT commotion. 7ain and figod *ee Fiot Amount of risk assumed dur- Tk the vear Togp o 2Ur ... .$573.485,390.00 Losses sustained osses sustained during the MY Feted i W6 Toyoorns Expende: : g 1929 . 305,008.87 F. C. WHITING. Vice President. C. 8. KREMER, Assistant Secretary. Subscribed and sworn t 1161 day of Pebruars, Joso, "Trore Me this (Beal.) HENRY 1. JOHONNOT. Notary Public. “the " year RENTS PLATE GLASS STATEMENT OF THE CONDITION THE American En‘;ie Fire Insurance Company of New York On the 31st day of December. 1929, as re- auired under ‘the District of Columbia Code. amended June 30, 1902, and August 18, 1911, Capital stock ... .$1.000.000.00 Capital stock, 1 S 1,000,000.00 ASSETS. Cash in bank........ Stocks and 'bonds value) .. Bills receivabie Il Premiums uncoliected hands of agents... Interest dvie and accried. Total assets e $540.042.46 (market .. 15,002.381.15 5 1.287.19 1.060.414.73 49.241.52 ..$16,692.367.05 i 'in LIABILITIES. Net unvaid claims. . Reserve as required by law Salaries. rents. expenses. tax: . $892.305.46 | 6.403.763.30 300.300.00 47.000. . 1.000.000.00 200.000.00 - 1.000.000.00 +.0..99.843,368.76 Commission Capital stock All other liabiiitie Reserve for contingencies. Reserve ‘for market fluctu tion in securities Total liabilities .. Character of business transacted during the year 1929: Fire, lightning. tornado, sprinkler leakage, automobile. explosion. riot and civil commotion. inland and ocean. marine and other insurance as granted by charter. Amount during the sses s 2. ’l':fl:l;d l’.‘;"?.n;:d‘l.flflfl.oflfl.mfl L o DA CAIRY o | isivesueioe the Ty MO0 . i g i et 6.510.307.61 B. M. CULVER. Vice President. F. A. CHRISTENSEN, Secretary. 1bed and N _to before me this oth a5 of ebrusry. 1030 (Seal.) W. A. WEBER, v Public. Queens County Clerk's No. No’l"r' Register's No. 8704. Certificate filed ‘York Cou Clerk's No. A Commission expires . No. Makcn 0. 1931, STATEMENT OF THE CONDITION OF THE Connecticut Fire Insurance Company of Hartford, Conn. On the 31st day of December. 1929, as re- quired under the District of Columbia Sode, amended June 30. 1902, and August Capital stock 0004 Capital stock, b 3.000.000.00 P 8 up in'cash. 2.000.000.00 $651.79 2.752.588.28 16.373.02 501,250.00 15.787.115.00 et 14.428.54 Prémiums uncoliected ‘and ‘in hands of agents. s Interest due and accried. All other assets: Recoverable for reinsurance on paid losses ans secured bo) sto 909.640.51 168.799.00 e 4.660.97 by’ plede of 3 ks or other collateral . - Total assets . ..320.157.007.11 LIA] Net unpaid claims.. ... Reserve as required by Inw Salaries. rents. expenses. taxes, $1.040.955.20 7.604.681.32 499.584.72 35.000.00 80.000.00 2.000.000.00 634.000.00 Total liabiliti $11,894.221.24 Character of business transacted during the 'year 1929: Fire. lightning. tornado. hail,"earthauake. profits and commissions. innkeepers’ liability, marine. automobile. leakage. war risk. explosio rents. leusehold. parcel post and oce paney. tourist floater. riot and civil com- motlen, ™ mount of risk assumed during the year 1929.....52,602.156.177.00 Losses sustained during the 9; 3.175.965.46 L ney receiy the ey CRrne 8.207.639.30 ¢ Y n.04e2s588 year R Expended” during JOHN A. COSMUS; Vice President. E. K. CHAPLIN. Secretary. Sbséribed and sworn to before me this 24th dav of January. 1930, (Seal.) ANDREW E. SCHUTTENHELM, Notary Public. Con.missions. * brokerage. "etc. Cash dividends remainink un- BRI s stock ' Al other i Teserves THOMAS J. FISHER & CO., Inc. Insurance Department BURGLARY WINDSTORM BTAT!MmOOPPTTH}é! CONDITION Springfield Fire & Marine Insurance - Company of Springfield, Massachusetts On the 31st day of December. 1929, as I quired under ‘the District of Columb f'nd;bl;m!nd!d June 30, 1902, and August Capital stock . Capital stock. paid up. in'cs Cash in office. . 1.859.470.00 32.269.258.50 11.971.20 (market hands of agent . 2.813.947.36 Interest due and accried. 242.460.35 All other assets.... ... . 161 Total assets . LIABILITIES, Net unpaid claims..... Reserve as required by Estimated ad). expense....... Salaries. rents, expenses. taxes, Commissions, ' brokerage. *eic. 20,000.00 Cash dividends remaining un Bl Capital ‘stock All other liabiiiti Special reserve: FE Reserve for market’ fluctua- tions of securities. . Total liabilities . 224,000.00 5.000.000.00 357,000.00 Character of business transasted during the year 1929: Fire and marine. Amount of risk . assumed during the vear 1929.....54,860.697.582.00 Losses sustained during’ thi ar 1939 . 7.471,199.20 year 193 s Expended Aurins the year TR miois svom v mnatsvasis IRTIGIRIAE GEO. G. BULKLEY. President. E. H. HILDRETH. Secretary. - Subscribed_and 215t day of February. 1930 (8eal.) CHARLES M. Notats Buil My commission expires February 34, 1933. We Make a Specialty of Automobile Insurance Real Estate, Loans and Insurance 2 Cash in ba | Stocks ' an | All other assets. 69 17,990,063 80 | STATEMENT OF THE o CONDITION Commercial Union Fire Insurance Company of New York On the 31st day of December. 1029. s re- piired: Under - the. Disericr of " golumt ;é.ade amended June 30 1902, and August Capita 1 stock Capital stock, ASSETS. and bonds ' (market value) s . Bills receivabie H d Premiums uncolis £ | ;hAnds of agents. s Interest due and accried. . 3342.331.40 2.850,115.00 112.62 Total assets LIABILITIES. et unpaid claims..... erve as required by Taw:. aries. rents, expenses. taxes. $133.226.00 1,283.640.90 Cavitai ‘stock '* All other liabil Surplus over all liabiiitie Total liabilities. niand “nevigation ido. windstorm sprinkler I e, flood. fon. Amount of risk assumed dur- 1i e 1 .. .524.584.¢ Lostes Suetained during the' e o000 488.268.02 vear Money rece year 1 1.334.211.94 1,22 19 worn to before me this | 929 Expended during ' the year 1929 .. Tn to before me this A Subscribed an 6th 1930. d swos day of February, (Seal.) THOMAS P. HEALY. Notary Public, Queens County. No. 810. Cert led 1 N ¥ o No.a%s, Neg. Ho: Commission_ expires Mareh 30, THOMAS J. FISHER & CO., Inc. 738 15th St. NW District 6836 choice, all weights, 10.50a11.75; common: