Evening Star Newspaper, October 7, 1931, Page 13

" BAIN OF SI000000 IN BANK DEPOSITS Washington Institutions Show Growth in_Resources ‘@s During Year. BY EDWARD C. STON! ther checking of total deposit: In Washirgton banks, following yester day’s call hy Controller Pole, dated September 20. shows that deposits in the local institutions are now larger than they were on the corresponding date a vear ago. Deposits on_Scptember 24, 1930, ag- gregated 706.200. while on Septem- ber 29, 1931, deposits in the 39 local banks approximated $275.462,171, this gain of around $10,000,000 reflecting the sound position of these institutions At the present time. Had yesterday's call been dated as of September 30 inaf'ad of September | 20, the showing wo \d have been even brtter, as Government pay davs al- w cause a tremendous rush of money ! to the local banks. | . Bullding Associations Growing. | The American Buildinz Association of Washington is seventy-eighth in size among the 1.700 savings. building and loan associations in this country aff- liated with the United States Build- Loan League. gton has five associations in s. In addition to the Amer- | ssociation there are located here | hington Permanent Building | ation, eighty-fifth in size the United States League members; Equitable Co-operative Bank, wh one hundred thirteenth in si: National Permanent Building Associa- | tion. which is one hundred twenty- ninth in size. and the Oriental Build- ing and Loan Association. No. 6. which 15 one hundred thirty-fifth in size. i The Annals, scheduled for October | publication. is the encyclopedia of the building and loan business in this coun- try published new each year. It is com- piled by the United States League for its 1.700 members all over the country. Sixty associations, members of the league, have assets exceeding $10.000.- 000 and 93 have assets between fwe and ten million. Secretary Cellasius reports. Twenty-nine of the States and the | District of Columbia ar> represented in { the more than $5,000.000 building and loan class. Recovery Is Seen. “The business optimist in search of figures to support a belief in recovery | will find his answer in th> Building and ' Loan Annals of 1931," says Mr. Cellar- | fus. “It will be one of the truly opti- | mistic business books of the year. The ! encouragement found there will not be | the magic of fine phrases and inspira- tional experts. It will be the simple results of the statistics of our business put down in black and white. Sixty 128 5ot 59 42% 20 23 20% 628 17% 38 124% 1381, 421, 4 111 B3 60 10815 11 Stocks sol -1931— THE EVENING STAR, WASHINGTON, D. C WEDNESDAY, OCTOBER 7, 193 NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. In 100-share lots except those'desigmated by letter “1.” Stoek and Net. Dividend Rate. . High, Low. Close. Chae. Low, 21 Abitibl Pwr & Paper. 2% 5 £ Abitibi Pwr&Pap pf. 5 A ham & Str (373¢). Abram Straus pt (7). 1008 Adams Express (1).. 30 Adams Millis (2).. Addressograph (1). Air Reduction(14% Airway Flec Appl Alaska Juneau (4! Albany Wrap Paper. Allegany Corp. .. R Alleg Cppf$30 ww., Ria 182% 68 1 Allng Cppf w $40 w. Allied Ch&Dye (n6). Allis-Chalmers (1).. 6 Amal Leather pf. .. 13 5% 18 Amerada Corp (2). Am Agri Chem(Del), Am Bank Note (13).. 4 Am Beet Sugarpf... 214 95 Am Brake Shoe(2.40. Am Rrake Sh pf (7). Am Can Co (15)... Am Car & Fary (1) Am Car & Fdv pf (T Am Chicle (13) Am Comel Alcohol. . Am Encaustic THing Am European Secur. Am & For Power.... Am & For Pwr pf (7). Am & For Pwr 2d pf. Am Hide & Leather.. Am Hide & Leath pf. Am Home Prod 4.20 Am Tce (2). 3 Am Ice pf (§) Am International Am La Fr&Foam pf. Am Locomotive (1). Am To'motive pf (7) Am Mch & Fdy 1.40.. Am Metal Co. 4 Am Natural Gas pf. A w (13%) . iy Am Pwr & Lt (31 Am Pwr & Lt ot ( Am P&Lt pt A 85 Am Radiator (60c) Am Republics Am Rollinz Mills Am Safety Razor (5) Am Smitg&Ref (11) Am Sm&R 2d pf(6).. Am Sm & Ref pf (7). Am Snuff (13%).. Am Solv.& Chemical. 1 Am Solv & Chem pf.. ™ 48% 36 3415 90 4 2018 1210 A TN Am Steel Found (1) .. Am Stores (12%). Am Sugar Ref (5)... Am Sugar Ref pf (7) Am Sumatra Tob Am Tel & Telex (9) Am Tobacco (18) Am Tobacco B (1 Am Water Wks (3) Am W 1st pe( Am Woolen Co. Am Woolen Co pf. Am Zinc & Lead Anacond: Anchor Cap (2.40)... Andes Copper....... Archer Daniel Mid. Armour of Del of (7) Armour of 111 (A). Armour of Tl (B). Armour of Il pf..... Associated Apparel. . Stock and Dividend Ra Cuba Co. . Cuban-Ami Sugar pf. Curtis Publish (4)... 87% Curtis Publish pf (7) 1% Curtiss Wright. .. 21 Curtis Wright (A) 13% Cutler Hamme 4 Da 22 157% 102 P 195 23 284 12 13% Deere & Co pf (1.40). 93 Delaware& Hud (9). 29% Del Lack & Wn (2).. 9 Denver & RG W pt. Detroit Edison (8) 124 Diamond Match (1). 221 Diamond Mtch pf 1% 6% Dome Mines (1)..... 11 Domn Stores (1.20).. 10 Doug Afrcraft(t1%) 42% Drug Corp (4).. 10 Duplan Silk (1)..... 53% Dupont de Nem (4).. 124% 109 _ Du Pontde N pf(6).. 185% 93 Fastman Kodak (18) T4 Katon Axle & Spr(1), 8515 Kitington-Schild pf., 0 Elec Auto Lite (4).. 21, Klec&Musical Instru ec Pwr & Lt pe (7) Elec Storaze Bat (4). Endicott-Johnson (3) 184 Equit Office Bldg 2% 10% Eris RR........ 131 Erie RR 1st pf (4) 315 Eureka Vac Cleaner. 2 Evans Auto Prod.... 26 FedLt&Tr (11%).. 78 Fed Lt& Trac pf (6) 2%y Federal Screw Wks. . 9 Fed WatSvc A( 13 Fed Dept Strs 22 Kid Ph Fire In 13 Firestone T & R (1). 504 Firestone T&R pf(4) 41 First Natl Strs (21) 14 Fisk Rubber. 10'¢ Foster Wheeler (1) #1x Koundatlon Co. 18 Fourth Nat Inv 5 Fox Film (A) (2%:. 67 Franklin Smnpf(7). 3 Gen Am Tank Car 9% Gen Asphalt (2) 14% Gen Baking (2). Gen Bronze ! Gen Electric (1.60).. Gen Elec spec (60c).. Gen Food Corp (3).. Gen Gas&El A (e30c) Gen Gas&E cv pf(6) Gen Ital Ed El m2.61 Gen Mills (3). . Gen Motors (3). Gen Motors pf (5) Gen Prig Ink (2%). s Gen Prtg Ink pf (6) Gen Public Servic Gen Ry Signal (5 Gen Realty & Util... Gen Realty & Util pf. Gen Refractories (3) Gen Theatre Equip. . les— Add 00. High. Low. Close. Chge. 2% 2 I Ave Bus (64¢). 2 17 10s 41 “6 ® z 1 PO T T T 15% 1221 - 14% - 23% 8 1011 - 9 54 25 | STOCKS IRREGULAR AFTER EARLY GAIN :i},_ Trading - Volume Decreases as Profit Taking Follows Yesterday’s Advance. Net. + % + 1% BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, October 7.—Strong and higher at the start, the stock market today had to absorb heavy realizing due to Tuesday’s violent advance. The result_was a measure of irregularity, but with more advances than declines and a decided falling off in volume of | the reactions. The first half hour saw 700,000 shares change hands. This was not quite sc large as in the same period Tuesday. but it was enough to cause the tape to fall behind. Initial prices were al- most uniformily higher. ~Among the outstandingly strong stock§ were Amer- ican Can, General Electric, Consoli- dated Gas, American Telephone & Tele- | graph, and New York Central, repre- | senting all three groups. Market Does Well. The subsequent fealizing canceled a part of these gains, in a few instances | sufficiently to show a net loss on the | day. but considering the extent of the previous day's rally—which. incidental- ,est in the history of the exchange—the | market did surprisingly well. A larger setback would not have been unexpect- ed or even discouraging. | It may be sq then, that the stock market registered emphatic apprdval of President licover's plan for credit| relief. While it was realized that the greatest immediate benefit must come | to the bond market, it was in the re- 1ief from pressure, which had so severe- ly affected them in the last 10 days, that_stocks were helped the most. Aft-| er the urgent covering movement had | spent itself, traders hesitated to enter the market on the buying side because | of the sweeping nature of the advance already scoréd. The feature then was, the fact that following this advanca there was so little disposition to press | offerings. » | Opening Sharply Higher. | The market opened from 2 to 4 points | higher in very active trading. Blocks of | 5,000 to 8000 shares in leading issues came out at sharp gains, with the buy. ing stimulated by President Hoover's an- nouncement of a plan 1> provide a Ebroader credit basis for the country. The gains were spread throughout the list. but it was chicfly in the pivotal issues that heavy trading occurred. United Stetes Steel opened on a 5.000- share block at 71, which represented a light decline, but it immediately made up the loss and then advanced. At- chison started c¢ff on 3.000-share deal at 113, up 3, points. Other rails. such as Baltimore & Obhio, Chesapeake & Ohio and Union Pacific, were 1 to 3 higher | bulk, 9',810; In packages. 10}2all. Iy, on a percentage basis was the larg- | PO Butter—One-pound prints, 37; tub, 36. Eggs—Hennery, 32a33; current re- ceipts, 20a24. / Poultry, alive—Spring broilers, 3 unds ' and_over, 27a28; 2 to 2% Pounds, 22a23; 17 to 2 pounds, 24825 hens, large, 23a24; small, 17a18; Leg- hern hens, 15a16; roosters, 14al5, Poultry, dressed—Spring broilers, 3 pounds and_over 27a28; to 2% pounds, 25a27; 1'; to 2 pounds, 27a28; | |¥ hens, large, 24a25; small, 19a20; Leg- | | | horn hens, 17a18: roosters, 15: Long| | Island ducks, 21a22; turkeys, oid toms, | | | 30a32; young toms, 46a38. | K Meats—Beef, prime, 16a17; choice, 15a16; good, 14al5; medium, 12)za13: 12; cow, 8'2a9; lamb, top, 17: medium, 15a16; veal, top, 17; good. 15a16; pork loins, 8 to 10 pounds. 22a 23; 10 to 12 pounds, 18a18; 14 to 16 pounds, 15a16; fresh hams, 19; smoked hams, 21; strip bacon, 22a23: lard, in | Live stoci — Hogs, light, 5.25a5.60; | medium, 5.5085.75; heavy, 5.00a5.5 | pigs, . 5.00a5.50: roughs,” 3.00a4.00; calves, 4.00a10.00; lambs, 6.00a7.00. Fruits—Cantaloupes, 1.50a3.00; limes. per 100, 1. honeydews, 1.25a1.75; Persian melon: | 1.75a2.25; cranberries, 25 pounds, 2.00a grapes, Tokays, 2.00a2.25: Mala- 2.00; Ribies 2.25: Cornichon: Concords, 1 nearby, 150- Long Island, 100 - pound tomatoes, 2 - peck caulifiower, 1502 1.75a1.90; Icaho bakers, sacks. 2.50a2.75; baskets, 1.00a1.25; 175; carrots, crates, 3.50; per dozen bunches. 75: beets. per 100 buriches, 2.00a3.00; string beans, 758125 limas, 1.00a2.50; eggplants, 1.00al mush- rooms, 40265; squash, per bushel, 3.00a 3.50: peppers, 1.00; celery, small crates, 50a1.00; turnips, 75a1.00 sweet pota- toes, yellow, 50a75: Nancy Halls, 75a85; Porto Rican, 75a85, India’s producticn of cotton varn in the Jast fiscal year was 867,045,000 pounds, Money to Loan by first deed of trust on real estate, ailing interest and commission. ,|o|:ph I Weller g26Wash. L. & Trust P First Mortgage SECURITIES " Offer a Steady These non-fluc- tuating invest- ments are on income-produc- ing proverties here inthe Nation's Capital Put your Yield of idle coliars 1o work. 6% === LOANS | ON REAL ESTATE OR TO TAKE UP MORTGAGE of a Without a Loss Equitabl No Brokerage . . . No Comm 915 F Ower a Third FINANCIAL The COMMERCIAL NATIONAL BANK 14th and G Streets Banking in All of Its Phases e Organized 1879 JOHN JOY EDSON, President Subscriptions for the 101st Issue of Stock Being Received FI-RYS T First Mortglke Loans 7 -0periverBldg. Ass'n 5ist YEAR COMPLETED WALTER S. PRATT, Jr., Secretary If you contemplate the purchase of a home, refinancing present in- debtedness or improv- ing property, consult us. Applications will receive prompt and courteous attention, Loans Repayable Monthly ssions MORTGAGES COMPARE THE EMERGENCY BRAKE ON YOUR CAR to an investment in our 6% FIRST MORTGAGES They represent one investment which you know can be relied upon in any financial emergency which [ ] They pay this very generous in- terest changelessly throughout the term of the mortgage. May be purchased in amounts from $230 up. #3% A—13 Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. 2 Gillette Saf Razor... News that cotton had opened $1.25 a Atch To&S Fe (10).. 3 1081 Gillette Saf R pf (5). bale higher encouraged the advance in Atch To&S Fe pf (5). 3 9 92 Gimbel Bros .. B B securities. At] Cast Line (7)... 1 6 -4 s Gimblel Bros pf (7). ; Atlantic Refining (1) W - % Glidden Co... - Atlas Powder (4) 227 Gobel (Adolf) . Atlas Stores (1) Bla 4 Gold Dust (2%) o ) o7 2y Gold Dust pf (8).... 8412 Auburn Auto ( Goodrfch (B F). Goodvear T&R (3). Goodyear I8t pf (7). Gotham S H pt (7). associations, members of the United Assotiaied Dry G (1) 2 States League, have more than $10.000.- | 000 in assets. Further figures show that the total assets of the associations in the country have increased $128,- 964.930 in 193). Even the hard-boiled pessimist about bysiress conditions will have to admit the’ surprising prosperity | which has continued in our co-operative home financing institutions, if he reads the Annals carefully. —ll B W, BALLL. GO Monthiy Pryments if Desired Send for Booklet. “The Success Plan REAL ESTATE MORTGAGE & GUARANTY CORPORATION 1610 K St. N.W. National 1403 Tie <1 s = National 2100 925 15th St. NW. Exchange Seat Sold. NEW YORK, October 7 (). Ar- rangements_have been made for the sale of a New York Cotton Exchange ! membership at $13.500, 4 decrease of $2.200 from the previous sale. | IS < NO SUBSTITUTE FOR SAFETY 215 Aviation C 61 Baldwin Locomotive THERE 27% “The real reasons for our continued success will be found by any careful | reader of these Annals. The whole story | of how an association serves the inter- ests of home owners and svstematle | gavers in its community in 1931, and | how it will serve these same classes in | 1932, is told in the expert opinions of | attornevs, State supervisors, advertisers, | accountants, secretaries, national lead- | ers in the building and loan business, economists and leaders in allied busi- nesses.” 1041, Interesting Monthly Reports. The Childs Restaurant Co. today re- | ported an increase of $28.356 in sales in September, or a gain of 1.3 per cent over September, 1930. Tt was the first| increase in sales since April, 1930. The McCrory Stores Corporation re- ports that sales are practically the same now as they were a year ago at this time. September sales being 0.6 per cent under last vear and nine months | #ales 0.5 per cent under the record of a | year ago. ! Sales of G. C. Murphy & Co. for| September revealed a gain of 10 per | cent and for the first nine months of | this year were up 16 per cent, com- pared with the like periods last year. Sales of S. S. Kresge were over 2 per cent lower in Septsmber than in the same month in 1930. For the nine- month period they are down 1.1 per cent F. W. Woolworth Co. sales were off slightly in September and are a_little behind for the first nine months of | 1931, compared with 1930. Trading on D. C. Exchange. Today’s trading on the Washington Stock Exchange opened with $1,000 Potomac Electric Power Consolidated 5s selling at 102 The next bond transaction was in ‘Whashington Gas 5s, $500 selling at 100, followed by small sales in Washington Gas fis. series A at 1001, and 100. After call. four other sales in Washington Gas fs. series A, were recorded at par. Stock trading was confined to one issue today. Potomac Electric Power 5'2 per cent preferred. There was a turn- aver of 48 shares, in six transactions, all made at 106. American Security & rust and National Metropolitan-Bank stocks have been added to the issues now being quoted ex-dividend. Federal Storage preferred has also been added to this list Washington clearing house figures $4.502.744.79. Heard in Financial District. Local board rooms were jammed to ! the doors today. following ‘yesterday's sharp advances in stock quotations. To- dav's strong opening caused still further | interest in the Wall Street situation Local bankers today generally were enthusiastic over the action taken last night at the White House to improve the financial situation. The purchasing power of the donni has increased to $1.18 since 1925, ac- cording to the Bureau of Labor Statis- tics. In terms of wholesale prices, how- ever, t buying power of the dollar has increased to $1.48. Prices paic farmers for their products reached a new low level September 15, the Agriculture Department’s Bureau of icultural Economics reported. The price index was 72, as compared with 75 on August 15, and 111 September 15. 1930, Edscn B. Olds, treasurer of the Unlon rust Co., is taking his annual vaca- tion. S. W. Miller. assistant treasurer of the trust company, has just returned from his annual outing. FOREIGN SELLING. NEW YORK. October 7 (Special).— Tt iz difficult to obtain a nlenpr'nlcture of what is taking place in American securities held abroad. Houses that do an international business say that they have witnessed comparatively little selling. Others claim that their sales have been heavy, particularly so in pub- | Tic_utility preferred stocks. It is sig- nificant that all of the railroad shares | that have had an international market | have been among the weakest of their group. Practically the entire world has | been liquidating its American securities | through New York. Under this cir- cumstance it must be said that the Jocal market has taken its medicine in . good shape Depreciation in Stocks. NEW YORK, October 7 (#).—The market value of all shares listed on the New York Stock Exchange declined $12.250.088.669 during September to a total of $32,327,037.440 as of October 1, 16° 20 55! Baldwin Loco pf (7). Ralto & Ohio 4)...... Balto & Ohio pf ( Bang & Aroos (3 Barnsdall Corp'n Bayuk Cigar (3). ) Belding-Hemingway Bendix Aviation (1). Best & Co (2) Bethlehem Steel (2). Am Steel Fdry pf(7) Bohn Alumn (1 Borden Co (k3) Briggs&Stratton(2). Brockway Mot Trk.. Bklyn-Man Tran (4). Bklyn-Man Tr pf (6) Bkiyn Union Gas (5) Brown Shoe (3) Brunsw-Balks. Bruns Term & R Bucyrus-Eri Bucyrus-Firie cv pt.. Budd (F G) Mfg.... Budd Wheel (1). Bullard Co. .. Bulova Watch (30¢). Burrough A M(t13%) 4 Bush Terminal(2%) Bush Term deb (7).. 100s Butte Copper & Zinc. 2 Butterick Co. . fi‘ 43 lif Packing (2)... 7 lumet & Hecla.... 11 mp W&C Fdy (1).. 2 CanadaDry GA (3).. 9 Canadian Pacific1%. 91 Cannon Mills (1.60). 1 Capital Admin (A) ":') 208 Caterpillar Trac( 11 Cavanaugh-Dobbs. .. 2008 Celanese Corp. 1 Celotex vtc ctfs 1 Cent Aguirre (1%) 5 Cent RR of N J (3) 1 Century Rib Mills. 2 Cerro de Pasco (1) 5 Certain-teed Prod. 2 Ches & Ohio (2%)... 118 hesapeake Corp(3). 14 Shi Great Western.. 2 Chi Great Westnpf.. & Chi Mil StP & Pac... Chi Mil StP & Pac pf. Chi & Northwest (4). Chi &N W pf (T).... Chi Pneu Tool. .. i Pneu Tool b Chicago R 1&Pa; Childs Company . Chrysler Corp (1 37 City Ice&Fuel (3.60) City Ice&Fuel pf 6% 70 City Stores. 6 City Stores (A) 20 ‘lark Equipment(1). 1 Cluett-Peabody (3).. 1 s Coca-Cola (17%).... 61 ca-Cola (A) (3)..4 Colgate-Pal-P (234). 15-Palm-P pf (6).. Collins & Atkman. ... Collins & Atk pf (7)o 1 lonial Beacon., 1, Colo Fuel & Iron. 3 Colo Fuei & Ir pf (8) . % Columb G & E (1%) Col Gan&El pt A (8 6 2 2 7 9 17 il 8 . s 4 2 . 6 “omel Ci 15 Comel Cred 15L(6%). 15!5 Comcl Inv Trust (2) 99 Comcl Inv Tr pf 6% . 500 71 Comm Invcvpf(e6). 914 Comel Solvents (1).. 4 Comwlth&Sou (40c 68 Comwlth&Sou pf (6) 15 . Conde Nast Pub (2).. 67 Congolm-Nairn (1).. 20 Consol*Cigars (5). 46 Consol Cgr pr pf 6%. 60 Consol Cigars pf (7). 2% Consol Film..... 7% Consol Film pf (2) Consol GasN Y (4).. % Contl Baking (B) 40 Contl Baking pt (3). 311 Contl Can (2%). 4% Cont Diamond Fibr¢ 19'5 Cont Insur (2.40)... 1% Contl Motor: 5 Contl Oil (Del) 1'% Contl Share: 36% Corn Products (3)... 126 rn Prod pt (7) 3% Coty Ine... 20 Cream of 314 Croslev Radio..... 25 Crown Cork pf (2. 22 Crucihle Steel...... 3 15 Crucible Steel pf (1) 0% % Cuba Cane Prodicts. 4 52 . 41 + 25 1 23 +1% | 200w 60 2% + Y%t 26 + ' 23% —1m +2% 36 51% 26 Graham-Paige Granby Con M . Grand Silver Stores. 7 Grand (Tnion e 115 Grand Unfon pf (3).. 14% Granite City Steel(2) 258% Grant (W T) (1).... 20 Great Northn pf(4). 12 Great Northn Ore(2) e Greal Western Sug. . 8013 Great Wn Sug pf (1) 1% Grigsby Grunow.... Hackensack ! Hahn Dept Stores. .. Hahn Dpt St pf(6%) Hanna of (T)......e Harb & Walker (1).. Hartman Corp (B).. Havana Elee Ry Hawalian Pineap (2) Hayes Body Corp. .. Hercules Mot (80c).. Hercules Powder(3). Hercules Pow pf (7) Hershey Choc (5)... Hershey Choc pf (15) Holland Furn (12%) Hellander Sons....... Homestake Min (1§ Houdaille Hershey . Household Fin (4.20) Houston Of1 Houston O1l Howe Sound (2). Hudson & Man (3% Hudson Man pf (5).. Hudson Motor (1). Hupp Motor: 231 Lllinois Central (4 1% Indian Refining . Indust Rayon (4) Ingersoll Rand (4 Inland Steel (214). Inspiration Copper. . Insuranshares Del A Insur Shr(Md) (40c). interboro Rap Trans Intercontl Rubber-. .. Int Agriculture pt... Int Bus Machine(n6) int Carriers,Ltd 60c. Int Cerpent (4). Int Combustion Int Combustion pf. Int Harvester (235) . Int Harvester pf (1). Int Hydro E1 A (8 Int Match pf (4). Int Nick of Can(40c) Int Nick Can nf (7).. Int Paper & Pwr (A) Int Paper & Pwr C... Int Paper & Pwr pt Int Printing Ink. Int Salt (3)..c0cue Int Shoe (3)....+ Int Silver.. Int Stiver pf ((7) Int Tel'® Tel (1). Int Dept Stores (2).. Interst DS pt xw(7) Inyestors Equity.... Island Creek C 5% 4 24 Jewel Tea (4) 31 Johns-Manville (3).. 99 Jones & Laugh pf(7) 81 Kansas City Southn. 35 Kan City Sou pf (4). ' Karstadt (Rudolph). & K’'mann Dept Strs(1) 8 Kayser (J) & Co (1). % Kelly-Spring Tire. .. 54 Kelly-Spr T 8% pf.. 3u Kelsey-Hayes Whee! 6 Kelvinator Corp.... Kendall Co pf (6)... Kennecott Copper (1) Kimberly Clark 2% . Kress (SH) Co (j1).. Kreuger & Toll 1.61). Kroger Grocery (1) Lambert Leh Port Cemen Leh Val Coal pf (3 Lehigh Valley R R. Lehman Corp (3).,.. Lehn & Fink (3).... Libbey Owens Glass. Liggett & Myers(t5) Ligg & Myers B (15) Lima Locomot (m2). Liquid Carbonic (2). Loew's Inc (3)...... Lorrillard (P) Co Lorrillard (P) pf Louisiana Oil.... 20 LouGas&ElA (1%). 40 Louis&Nashville(5). 5% Ludlum Steel McAnd & Forb McAn&Forbes ) 17 McCall Corp (23).. 17% McCrory (B) (2).... 12 Mclntyre Porc M(1). Soutantan FTO] -0t R nauaalna 2L RN - e s 6 " (Continued on Page 14), Casu axp D REDEMPTION CapiTaL . SURPLUS . RESERVE FOR DEePosITS . CIRCULATING PRI srFssrs R N R +t @ =5 Paris, Sarron P. CHAze, Secretary of the Treasury under LivcoLn ~ THE CHASE NATIONAL BANK of the Gity of PINE § N ew York TREET CORNER OF NASSAU STATEMENT o GONDITION SEPTEMBER 29, 1031 RESOURCES UE FROM Baxks . Loaxs axp Discounts . . . U. S. GOVERNMENT SECURITIES OTHER SECURITIES . Rear, ESTATE ' 50 o » T Fuxp—U. S. ASURER CustoMERS” AcCEPTANCE LiasiLiry . Less AMoUNT 1x PorTroLio . OTHER ASSETS « « o o o o » . Uxpivipep ProrITs o R Taxes, INTEREST, Divipexp Pavasie OcrtoseR 1, 1931 . o NOEBS o' e loiaire . . CONTINGINCIES, ETC. 239 1,20 1,336,208.55 3,316,719.75 34,846,883.62 34:907,874.37 34 »741,421.35 6553,732.50 112,682.842.93 2,626 788.74 112,471.81 £148,000,000.00 148,000,000.00 30,150,410.18 16,530,624.48 7,400,000.00 1,670,441,005.66 12,889,150.00 ACCEPTANCES « « + o o o & e e Less AMOUNT IN PorTFOLIO . . & . o « LiaBiLITY As ENDORSER ON ACCEPTANCES AND FOREIGN BILLS o o + o Obtien TIABILITIEE & o /s o i s . Shanghai, 6 Kiukiang Roax $131,0 12,1 with The Chase Nationa 06,651.33 37,044.61 118,869,606.72 49,289,913.12 13,531,861.65 ;‘2,215,112,471.8; This statement does not include the stalcments of any of the-organizations affiliated ! Bank FOREIGN OFFICES London, England (2) Havana, Cuba Patama City, Republic of Panama Cristobal, Canal Zone Offices of Representatives Berlin, Unter den Linden 57 THE CHASE B 41 Rue Cambon and 31 Avenue George V. Hongkong, 6 Queens Road Rome, Piazza Mignanelli, 3 ANK / Mexico City, Calle Condesa No. 3 Central Tientsin, 1 Victoria Road