Evening Star Newspaper, March 28, 1930, Page 12

SCRAPPING POLICY CONSERVES METAL Manufacturers Save Money by Retrieving Raw Mate- rials in Many Lines. BY J. C. ROYLE. Industrial leaders in all lines in the United States have ceased to hesitate sbout scrapping obsolete machinery even though the machinery is in a per- fectly sound condition and may have been used only a few months, if at all. That policy, which even conservative England is commencing to follow, has nnquestlnn:bly been advantageous and profitable to manufacturers. On the other hand, it has gone far toward put- ting the metal mining industry of the eountry in an unfavorable statistical position. This is due to the practice of feworking and reclaiming metals and other materials. Cars Being Scrapped. The automobile industry has, perhaps, taken a lead in this movement. Cars are now being scrapped and the mate- rials in them reclaimed at an astonish- ing rate. The expense is shared by the Corporation News NEW YORK, March 28.—The follow- ing ds today’s summary of important corporation news prepared by Standard Statistics Co., Inc., New York, for the Assoclated Press: News Trend. For the first time in six weeks the annalist wholesale commodity price in- dex registered an increase. On March 25 index for (-M ‘week stood at 133.6, an points from the previos ts below the index of he week & year ago. the eight groups comprising the index chemicals and food products showed a decline, farm products, textiles, fuels, metals and miscellaneous increased and building materials remained unchanged. Corporation new included another large batch of February railroad earn- ings statements. Net operating income of the first 41 roads to report shows a decline of 29 per cent from February last year; gross revenues of same lines declined 9.7 per cent. Unfavorable divi- dend announcements were made by New Yfirkc:\lcuon and Texas Pacific Coal & The Companies. Agfa Ansco earned 40 cents on $7 preferred stock in 1929, In period March 19 to December 31, 1928, earned 12 cents on $7 preferred. led Kid earned 83 cents on com- mon shlru in seven months to Decem- ber 31, 1929. Aluminum Industries earned $2.09 on :grzr;mon stock in 1929, against $1.93 in dealer and the manufacturer. The lead- ing producer is said to allow his dealers $20 on a scrap basis for old cars. He is reported to retrieve over $14 of this $20 in used metals, which go right back into the making of new cars. This does not include iron and steel only. Alumi- num, copper, lead, zinc, brass, babbit metals, rubber, leather and lumber all are so treated that they can be The aviation industry is following the same policy and this will increase the stocks of metals as production grows, since each plane normally outlasts two or three engines. The railroads have produced regular departments for the reclaiming of salvaged materials, prin- cipally metals. The electric utilities have been extremely active in the in- mnul-fim of new machinery and this of much since the speed- up of shafting and pulleys and other transmission machinery has produced crystallisation and required replace- ments. All these factors have been instru- mental in holding down the require- ments for new metals. As a result, the lead, silver and copper mines of the country are on a reduced produc- tion basis and, even so, copper is the only one on which prices have appar- ently been stabilized. Demand for Steel. ‘The demand for steel has been high and so far this has nullified the effects of the steel and iron scrap produced, especially as much of this material is out of the country. The low of silver has led to the reworking of old silver products, which are re- melted and reformed into modern re- les and utensils. building materials, lumber, brick, steel, plumbing fixtures, radiators and other equipment, have felt the compe- tition arising from the salvaging of ma- terials of this type as old buildings are scrapped and new ones erected. The metals in themselves, however, are developing new uses. For example, metallized paper now is being used. The E:" is myed with an emmely thin or copper which leaves it flexible !nd foldable and still makes # difficult to tear and gives it long wearing qualities. (Copyright, 1930.) NEW SECURITIES. NEW YORK, March 28 (#)—New offerings today include: City of Detroit, $14,000,000 3.64 per tent tax anticipation notes, dated March 31, 1930, and due August 11, 1930; 10 yleld 345 per cent. Offered the Chase Securities Corp. and Barr Bros. & Co., Inc. year per_cent g debentures, priced at 97 and accrued interest, to yeild 5.90 per cent. Offered by the Marine Trust Co. of Buffalo and ‘White, Weld & Co. Dlinols Publishing & Printing Co. (Chicago _ Herald l.nd lnml.net). ,000,000 8% per cen $100,000 on lel'.hl lfl!l uwm March l. “fl. ‘mm on lllfl'.h -and $4,500,000 on March 060; T e Iee e mietnt ofl.adh!lnhsy Stuart & Co, IITEREST RATES. By the Associated Press. Oollateral interest rate levels charged h pnnclpol Arg;rlcln centers last week, Debentures Called. NEW YORK, March 28 (#).—All of the outstanding 6 per cent series con- 'vertible debcnturu of the Commonwealths Power ition, due in 1949, have been called for payment ‘common stock will cease on May 5. New Insect Spray Found. MINNEAPOLIS, March 28 (P).—Ag- ricultural research workers of the Uni- versity of Minnesota have found a com- bination of chemicals which tests have proven to be effective against insect s:;u, Copper sulphate, stone lime, drol and nicotine sulphate together ‘with water are used in a formula which is sprayed on young onlons to prevent attacks, A buffalo milk dairy was opened re- in India. CHOIC PIANGS | EN FREE TUNING UNDER RENTAL CONTRACT WORGHS ‘mo G Esti879 American Pneumatic Service earned 87 cents on common shares in 1929, against 37 cents in 1928. “EAtiantic Goast Line Railroad Febru- ary net operating income off 33 per cent from year ago; two months' net off 32 per cent. Auburn Automobile domestic sales, 1929, totaled 23,297 cars, against 12,899 in 1928; export sales, 2,697 cars, against 2,229 in 1928. Buffalo, Rochester & Pittsburgh Rail- | road February net operating income off 28 per cent from year ago; 2 months' net off 29 per cent. Capital Traction earned $6.68 on com- llngozr; stock in 1929, against $5.17 in or|$ THE EVENING STAR, WASHINGTON, D. C, FRIDAY, MARCH 28, 1930. stock on basis of one share for each 20 shares held. Proceeds to preserve treas- ury position, which would be weakened hea: outlay in connection with Douglas Aircraft orders on January 31 totaled $2,668,000, sufficient to main- tain present production through Sep- tember. Federal Light & ‘Traction earned $2.88 on common stock in 1929, against $2.55 in 1928. Fox Film—Federal Judge Coleman relieved from further consideration in Fox Film litigation. Federal Judge Knox has been assigned to replace him. International Cigar Machinery earned 6.42 on common shares in 1929, against $4.82 in 1928, Missouri-Kansas Pipe Line has ac- quired distribution iy!lel'n, find lines and gas wells of Franklin Gas Co. of Franklin, Ky. National Dairy Products currently has 31,074 stockholders, against 9,929 at end of 1928. New York Airways, Inc., leases Mu- nicipal Airport at Atlantic City for two years ending December 31, 1931. New York Auction passes quarterly dividend due at this time. Last pay- ment 37!, cents a share, paid Decem- ber 15, 1929. Norfolk & Southern Railway Febru- ary net operating income off 71.5 per cent from year ago; two months' net off 65.5 per cent. North German Lloyd absorbs Nep- tun Steamship Co. of Bremen, control of which was acquired last year. Nep- man Lloyd shares of equal value and 10 per cent material value in cash. Pennsylvania _ Railroad — Interstate Commerce Commission refuses to sanc- tion _$1,500,000 annual increase in rental paid by the Long Island Railroad to Pennsylvania for station and track rights. Reo Motor Car has 10 factory branches, 161 distributors and 1,030 re- tail dealers in United States and Can- ada. Sold 16,100 cars and 19,087 trucks, including exports, in 1929, against 23, 498 and 23,509, respectively, in 1928. Rutland R. R. February net operating income off 27.5 per cent from year ago; two months, off 40.7 per cent. Southern Pacific R. R. (system) Feb- ruary net operating income off 28 per cent from year ago; two months’ net off 33 per cent. ‘Texas Pacific Coal & Oil defers action on stock dividend on common due Chicago, Indianapolis & Louisville Railroad February net operating income off 22 per cent from year ago; two months’ net off 30.8 per Chicago & Northwestern Railroad March 31, 1930. Last payment, 21, per le Decem! ber 31, mo. uired about ‘com- on stock. I!nlbd Railways . Eleotric Co. of income $18,367, Chicago, St. Paul, Rallroad Omaha February net ing income $184,541, against $68,545 year ago; two months, $391,46 $122,419. Claude Neon Lights—Consolidation of various Claude Neon companies oper- ating throughtout the United States into three major apentlng units to be completed by July 1 Colorado & Southern Railroad Feb- Tuary net operating income off 41.2 per cent from year ago; two months' net off 10.5 per cent. Commonwealth & Southern (includ- ing subsidiaries from date of acquisi- tion) net income, after all charges, for 12 months ended February 28, 1930, up 21 per cent from previous like fiscal & Smelting stockholders get privilege of buying new | year. & m““.“mwm ‘This | ing is first month in tions have been under 10-¢ Wemm Maryland R. R. February rplus, after charges, $180,505, against 3178 527 a year ago: two months’ sur- plus, $367,612, against $356,797. Youngstown Sheet & Tube. C. S. Eaton asserts merger with Bethlehem is blocked. States there are 510,756 shares for merger, 412,571 against it, or definitely agreed not to vote, and 252 - 273 shares still undecided. A total 395,201 shares opposed are mmei.ent 'o block the merger; 790,400 shares are re- quired to effect proposed plan. nt fare. Japanese dealers in cotton uphol- stery and curtain materials have turn- ed to foreign markets becnusemdomewc mills are not equipped proper hinery for manufacture. Washington Produce Butter—One-pound _ prints, 111‘2 tub, 40%;a4l. ln-—flennery, 26; cur: rent recefpts, 24%;a2! Poultry, lllve—‘mrkeya young, 32-:3' old, 28a30; Spring brollers, 40a42; ter chickens, 32a35; Leghorns, 30; fowls 28; capons, 32a35; duck-, 15a16; keats, 60a65. Dressed—Turkeys, young, 35 38; old, 32a35; Spring broflers, 45a46; Winter chickens, 37a38; Leghorns, 32; fowls, 32; capons, 35a40; ducks, 30; keats, 80a90. Meats, fresh killed—Beef, 20a23; veal, 28a30; lamb, 22; pork loins, 28a30; fresh hams, 26; fresh shoulders, 22: smoked hams, 28; smoked shoulders, 20 a22; bacon, 28; lard, in packages, 13)2; in bulk, 13. Live stock—Calves, 8a13; lambs, 10a 13; Spring lambs, 20 IN’DUSTRIAL 'GEOGRAPHY. Of the sweeping changes in indus- trial geography since the war none is more striking than that which has oc- curred on the Pacific Coast. California, once synonymous with gardens, or- chards, forests, mines and ofl, is a typ- ical example. Its industries now out- weigh all these. Speaking before a meeting of the Chamber of Commerce of the United States, Frederick J. Koster summarized the change by this illustration “As to industrial development,” he said, “that has taken place during the last decade and a half, namely the 15 years ending with 1928, let me present, merely as an example, what has taken place in California; the value of manu- factured products (some two billion, six hundred million dollars in 1927) in California_now exceeds the combined value of the products of the farm, the forests, the mines and the fisheries. California has already become an indus- trial State. In the 15 years its manu- facturing pay rolls increased 84 per cent, the products of manufacture 114 per cent and the value of manufactured products 360 per cent. I quote these California figures as an evidence of ‘Western progress. In 1925 to 1927, two years, there was no increase in the to- tal of United States manufacture, but the Pacific Coast showed an increase of 4 per cent, or about $160,000,000. Bank, was lald before the Lower House of Parllament today. The bill was hailed as the first step toward reduction of the Belgian heavy external debt of $50,000,000. A total of $34,500,000 is necessary for settling the account, the remainder being handled by transfers. ‘The net benefit of the oper%ior‘; for the Bel DR. c"'IXUDE s SENoNES Eyen;h! Specialist nal 0721 ~ | timore City shows telephone operating BALTIMORE TELEPHONE monts |COAL HAS FIRST PLACE HAS NET OF $235,820| i, ‘The report of operations of the Chesa- peake & Potomac Telephone Co. of Bal- revenues for February to be $1,120,841 Expenses during the month were $885,- 021, making net revenues $235,820. “Telephone operating revenues for the 12 months ending February 28 amounted to $13,766,021. Expenses during this period were $10,864,344, making net revenues $2,901,677. This is equivalent to 6.63 per cent on the average value of the company’s property as fixed by the Public Service Commission as of December 31, 1924, plus additions. This value on February 28, 1930, was $44,- 797,942, ‘Taxes assignable to operations in Feb- ruary were $116,841, which was an in- @he Foening Ftar *Anvmnsmnrs RECEIVEI) HERE B ot Donahue’s period were $380,732, et thm $417,728. Net additions to plant for the 12 months ending February 28 amounted to $2,513,089. In February 999 telephones were added to the system in Maryland, mak- ing 209,610 in service. —_— Canvas “Troughs” for Sheep. OGDEN, Utah, March 28 (#).—Sheep men of this area have adopted a method of feeding their flocks from strips of canvas laid out on the ground with a steel rib every 10 feet to prevent curling. Pharmacy Wisconsin Ave. & O St. N.W. Is a Star Branch Office You are taking the very best and quickest means to supply most any want you have at home or in your busi- The when you make use of Star Classified Section. AS SOURCE OF POWER By the Associated Press. NEW YORK, March 28.—Coal still is g | KINg as the greatest energy producing force in the world, but nm by the mll’lln it enjoyed two decades ago. A survey by the National Industrial Conference Board -shows that in the period between 1913 and 1928 the pro- duction of power by coal increased only 5 per cent. Production by crude oil and hydro- electric power increased 243 and 162 per cent, respectively, and natural gas 133 per cent. Coal, however, remains by $1,300,000,000 which is in sharp contrast with the phenomenal develop- ment of the crude ofl, gas and hydro- electric power. British Like Persimmons. SAN PEDRO, Calif.,, March 28 (#).— ‘The Britisher’s growing taste for Hach- iyas, a California grown persimmon, re- far the greatest producer of electrical energy. The board ascribes condition of the sulted in the shipping of 200 boxes weekly from San Pedro to London this season. Pure Llama Top Coats A very smart double - model, with either half belt or full belt—and brentea in plnin shades or herringbone. Leave the copy at any of the Branch Offices—which are maintained in practically every neighborhood in and One of the new distinctive effects —featuredin THE ABOVE SIGN s DISPLAYED BY AUTHORIZED STAR BRANCH OFFICES qu yo around Washington. are no fees in connection with Branch Office service; only regular rates are charged. There The Star prints such an over- whelmingly greater volume of Classified = Advertising day than any other Washing- ton paper that there can be no every estion as to which will give u the best results. “Around the Corner” is a Star Branch Office Mode tailoring at Hartford, Conn. On the 3at day of December. 1020, quired under the Distict of cohn-n men 30, 1902, and Au pital ue) gotlaserat and policy Joatis. - Premiums uncollected and i Interest due snd All other um Beat tvects hiot wdamiiisd wifh ine" CompAny o-m- stock 'ru-ll bilities otal sur Folas sy rouards policy Fflfiti lnmunen 5 1%. i STATEMENT OF THE CONDITION OF THE Aetna Life Insurance Company stock +$15.000.000.00 pital stock, paid up. in ¢ash. 15.000.000.00 $2.138.96 8.192.355.72 10.571:844.50 253.355.046.14 43,463.481.05 Total admitted assets..§410,527.740. u 49,663.922.04 Character of business transacted durin Life, secident, health an Insurance—All Forms s Te- Code. t 18 amended June 30, 1902, 1911, All other assets. Gross assets. Less assets not admitted. Total assets... Net unpaid rfl"nm'u & a8 requirec !l'hrlu, rents, g a: Commissions, * brok 3:‘1 'other Habi rplus over all labiliiie Totals Nabilities. Cha the year 1929: Plate Glass, Burgl Engine and Machiner and Losses susi year 1929, Money recei year xpe nded during thi en e A Bubscribed an 20th day of Jamuary. 199 (Beal) J. M: STATEMENT OF THE CONDITION OF The Aetna Casualty & Surety Company Of Hartford, Conn. On the 31st day of December, 1929, uired under ‘the District of Cash dividends Temainine ua- ter of tl»:ualnen] trnn:-ctea during utomobile. Teams ility Insurance on the Stock plan. ined during the 3 . 19,845.076.42 year . 17,516,363.93 RAWDON W. Mvm Vice President. E Asst. Secretary. a aworh Myl before me this R.PURVES. Notary Public y_ commission expires Jan. 31, Hartford, Columbia and August 18, 1911. Capital stock. .. Capital stock, ash . Total asset: 1 Net unpaid cla ve ta: etc. Commissions., Biok il security s . Contingency res Total linbilities ... re and M during the year 1929 Losses sustained during year 1929 . : . $6,893,957.17 i 1920 creta: 1935. STATEMENT OF THE CONDITION OF THE Automobile Insurance Company, of On the 31st day of Decenber ired under ‘the District of Columbia e amended June 30, 1902, and August paid "ap, "in (market s required by law. Cam At idend Fematnine un- risk _assum t Se Ibed and sworn. 1o before me this arg a-( OF Pebrintyy B! My eommission expires January 31, 1935. Company New On the 31st day of uired under ‘the Conn. . 1029, 18, 1911, Capital stock 5,000,000.00 Capital "stock. $1,735.58 2,225.346.60 39.700.00 71,400.00 ; 19:350,105.00 252143828 100.321 21 0813841 26, Real estate . Real estate ' morti Reinsurance recove paid losses . Total assets . Net unj Rese; price Com ,'"' I Gapir K olher Jabilitics Surplus over all sacted during ne Insurance. $8,489,910,119.00 ihe 3,122,485 63 8.612,732.75 7.361.359.99 W. MYER3. Vice President. ary. Secretary. Amount of risk during the ye . R. PURVES, 3rd day of March. Notary Public. (Beal) “STATEMENT OF THE CONDITION OF THE Firemen’s Insurance ode, amended June 30, 1902, and Ausust paid " up, "in 1IABILITIES, Hal Total Mabilities ear sses sustained during ihe ar 1029 o Subscribed and sworn to before me this JAMES K. ME! of Newark, Jersey December. 1929. as re- District ‘of Columbia 18, 1911, .$18,777,000.00 Capital cash . Cash in 2,401,175.00 (market 194 erable’ " ‘on Sepitar assumy 1929. %5,041,397,480.00 7,110,740, 92.935,816.60 16,379.173.18 L A. H. HASSINGER. Vice President. LDRUM. Notary Public. STATEMENT OF THE CONDITION OF THE Travelers Fire Insurance Company of Hartford, Conn, On the 31st day of December. uired under ode amended June 30, 1902, Capital stock stock, ASSETS, ds of branch offic agents and a L Net unpald claims equir ock All other liab Adjusting Xpenses Taxi Soecial reseive Totat labllities, dinclud- e Money received du Expended " during ‘the’ year . 1929, as re- the District of Columbi a and August the on uired $2,000.000.00 Capital Capital $14.040.00 1,265,891 81 Cash in 250,000.00 . 11,991,360.00 Reserve m ‘apital b4 Surplus ©$12,250.673.42 transacted during d Miscellaneous. E etumed r xtn....n.lu.'u,nfi.ofl during 3 ws.anres 9.132,685.59 8,887.973.09 3 TTH. a BROS%"Z"H President. Losces o. H. Subsc! 8th_dav JOSEPH O. LEAHY. Ass (Seal.) Subunbed and"aworn. io before me this February. 1930. Ty I NK R CHRISTIE. Notary Public. Cash in Real est L] Net unpaid claims .. Salaries, rents. expenses, for, undetermined liabilities. of i) At the vear My commission expires January 31, OF THE Orient Insurance Company of Hartford, Conn. 3ist day of December. 191 under District of Col mended June 40, 1902, andAURISE 1911, stock stock, office . bank as required ess transacted Auring 0l assumed dur- $741.332,683.00 usTained Guring ‘the 1,054,578.98 2,769.272.26 . 2.765.509.51 GILBERT KINGER. irent. MURPHY, ookt &nd sworn to before me this 7, of Febriary. 1030 ORGE STA rars B H. L. RUST COMPANY 1001 15th Street Established 1889 National 8100 MEMBER OF THE INSURANCE CLUB OF WASHINGTON Real Estate Loans—Rents—Sales N. J. STATEMENT OF THE CONDITION OF THE Newark Fire Insurance Company of Newark, OF THE STATEMENT OF THE CONDITION Law Union & Rock Insurance Company, Ltd. STATEMENT OF THE CONDITION OF THE London Assurance Corporation of London, STATEMENT OF THE CONDITION OF THE Independence Fire Insurance Company of STATEMENT OF THE CONDITION Concordia Fire Insurance Company of OF THE STATEMENT OF THE CONDITION OF THE Colonial Fire Under- writers, Branch of National Fire Insurance On the 31st day of Decemi Qmred” Sndertne. Districk o Gods, smended June 30, 1903, an Capital stock —suthorized. Capital stock, paid up, in . a8 re- lurbis August $1,500,000.00 2, 00 Gash in oftice estate entate” $1,974.51 922823 08 (st 13,929.00 riet 5 190847100 593.861.15 86,959.65 “méiiiaaes Total assets (admitted). LIABILITIES. Net unpaid claims. Reserve as required by la) Salaries, of London, England QI‘ (.ge llldt‘r(lv of red un Yode, amended Ju 18, 1911, December, as re- e o Golumbia 30, 1902, and August Cash in office . Cash in bank Stocks and value) Premiums uncollected and in hands of agnts 5 Interest due and accrued. All other assets . $2,149.17 . 376,282.55 d « ket L TR 2,148.905.00 243,574,568 23.775.16 4,419.38 Total assets . .8 LIABILITIES, Net unpaid claims ..... Reserve as required by law. . $117,638.26 1,333,189.09 England On the 31st day of December, 1929, as iired. under . the District of & Colimbia Gode, amended June 30, 1902, and Ausust Cash in office . Cash in bank . Stocks a value) Premiums un hands of agents . Interest due All other asse $11,261.65 650,123.58 . 6,957,858.00 Total assets . LIABILITIES, Net unpald claims. Reserve as require 1,205,721.00 978,122.98 184,764.62 Philadelphia, Pennsylvania On the S1st day of De ulred. under - the Districr of i Gode, amended June 30, 1902, an olimbia August Capital stock +$2,000,000.00 Capital stock, paid up, in cash. 1,000.000.00 Cash in bank. Real Gl icitiies $356,738.86 lien 236.450.00 1,830,658.00 (st Premiums ‘uhcolieétéd " and lr'n s’ of ‘agen Net unpaid claims .. Milwaukee, Wisconsin On the 31st day of December. 1929, as re- uired under ‘the District of Colum Code, smended June 30, 1902, and Aus Capital stock Sapttal oK, paidim: i can ™ Cash in office. Cash in bank. Real |estate "miorisaues stock value) BillY Tecelvabie Premiums uncollected ohands of agents.. due and accr b ets: Reinstirance Tecoverable on paid losses. .. $26.458.32 544,355 315,400 00 ,016.510.00 3.509.71 st honds L 599.464.50 57,355.43 1,384.38 Total assets .. $5,564,987.07 LIABILITIES. Company of Hartford, of Hartford, Conn. On the 3ist day of December. 1929. as uired under ‘the District of Columb Code, amended June 30, 1902, and August Capital stock Capital stock Cash iu office. . All other assets. Total assets 51,774,483 71 ion_ Teserv Estimated expense of ment of losses, etc. Total Surplus. Balaries, ren| etc. Commissions, bmnr Al other liabilit Re. Torndetermined Hiabititie Surplus o4 Commiss| All other liabilities Total labilities the year 1929 Fire, .$2,797,165.82 Character of business transacted during ‘motor_vehicle, nada. riot, civil commotion and explosion. i 33.283 87 40.364.62 gt:#nillrln:e premiui 5.592,266.74 tor- tion. fornado, {um, rents, expenses, taxes Fire, "“Inland navigation and. b indstorm etc. . motor_vehie Net unpaid claims. .. Reserve as required by ries, rents, expense Commissions, brokerage, etc. Capital stock . Al other labilities. Surplus over all 3266.952.26 2,723,730.78 49.300.00 4.000.00 taxes, et unpald claims, LIABTLITIES, | $2.478.168 38 21:469,076.28 Character of hunneu transacted during : tourist &-m. o marine. &-mf:n-n . A?Wfl‘ &. e8r 33, otM'll.m 00 ria et 163 Money {mlvofl diring the m S8vas GEO A, BERNARD, this sm-"fiy of r‘bnnry"h De e > otary Publ oo Fier. it of risk assumed dur- A 1629, 7$323,126,970.00 the 438,820.49 1,176,783.95 1,117.313.16 Subscribed and sworn to before me this P L (8esl) GEORGE W. MASTAGLIO, Notary Public. My commission expires January 31, 1934. ribed and sworn to before me this lay of February, 1930. (Beal) GEORGE W. CULYER, Notary Fublic, New York County. N, Co. "CIK Ne. ..n Co. "Clk’ 1 A hnmission exDises March So ‘eycione, Aat sprinkler_leal 1t 337,943.10 1,540,796.37 " 1.039.524.44 A yice President. yei 1n5‘ ded di JAMES MORR! p su:uribrefl" and Seiorn To before me this "faean ° MU AANE 0, xENNEDY. Notary Publi My commission expires March Sth, 1933. Total liabilities . A the pear 1935 $949,799,749.00 Lotess' susiatned during ‘the Jear 1920 . 2 1929 .. 2.454,813.52 . H. HASSINGER, il -y w. 3. DT, SO ey, Subscribed and sworn to before me this 3rd day of March, 1930. « AMES JAMES K. Jotary Publie. 1'um Jiabliities LT ol ! business transacted di reand Tarine Thamrs .$5,826,528,681.00 9.886,002.96 1929 25,219,192.08 nnnun during " the year 2oy 20.848.404.30 “'#.'D. LAYTON, ‘President. P. B. SEYMOUR. nu:m-n rn to before me this u?z?:y ot Febtuars, xfin,h." Tom