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i i N. Y. BOND SUMMARY ' FvralMwO bv Hie AosodottO Frooo. LIST INCLUDES MOST ACTIVE ISSUES tilth Low Close Chi k Albetl Ch I<*» TO 07** 871/4 87‘+- ■* Aloha IV.’ 82 95** 94'* »4‘*- *4 Alcoa 3**l 83 891* 09 * 89'*- M Alcoa .!**»« 97 9«* 96** Alum Can 3**a TO 9J 92’* 93 +*4 Am *TP » 20TO 71 68'* 60**+ >* L Am AFP 4 80a K 63>* 62‘* 62**+ ** I Am Meh fcv M 1 SOS'* 291 300 +5 Am relA’ld Sa r- 101** 101‘* 101‘* Am TH «*a S 3 94** 94 94**+ ** , Am r*l ot 4Ua c 206'* 200’* 203*4-I'* Am rll 3**« 90 06’* 85** 86’*+1'* Am FM 3**a 13 87>* 07 87'*- ■* Am m 3'4«84 80'* 79*4 80 *+ ** Am CM 2Ha 11 «2>* 82 82**+ ’* l Am CAI 2*4* 73 78'* 77>* 78 +'* | Am TAI 2*4180 74 73*4 76 +*4 b AmTAT2S,.B» 71'* 70>* 70'* I Am Fnt>3V.»7l 03** 83** 83'*+ ** r Am Ooh *• 8? 95** 95** 95’*+ ** Armnm Sa 84 03’* 82'* 83**+ *4 Also Invent •>'*« 79100'* 98*4 100'4+ ’* . 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Ut|\l " .»r 41>* 403/1 41 Ce’ 6P»< cvS'ieTO >O6 1041* 105'*+13* I OCo m-5 90171 WW 116 110 110 +ll* ChamPF cv4’**Bi 111**111 111'* ChesAO 3**i 9601 79 79 79 ->* I Ch’ I I 4**l W 47 46'* 47 +l** fvsot pa. nv 64’* 643* 64’*+ 3* fvcPr 6734 67'* 67'*+ 3* CMSPAP4S94 76'* 76'* 76'* O' V" cv <’ -» ov 563* 551* 55'*—1'* CHFinan4V4.il 95 "3'4 ’33*-11* CTT Fin I*.. 79 08'* 87'* 88 +1 O'— «vo 1. T. 7734 77 77'4+1'* CH • Cl m. to 7334 73 73 Clev El Bin 43*194 93 92’* 93 - ’* .0. . '22** 119 122 +>4 Colne, Gaa «+• O' 104’* 104'4 104'*+!'* Colnm Gas s**« 84 102'4 1013* 102 + '* Cnlnm Ga« to 82 99'4 98’* 99 Colom c.a« 4*«l 81 94 9234 9« +2 Cellin' Gaa 3a ISA 84 83’A 84 —l* I Co—'V. p- i3,«s>loo'* 98'* 9834—2'* CnnsF.rtliXVs'-'B9lOl'* 100'4 101'*+ 3* ComEr’S'V Sa 01 101'* 100’* 101 I Coni Edis 4’4« 8e 91*4 91 91 -34 Cons Edii ci 4i 19 107'4 105'* 106 -I'* ConiFd NV 4. 88 88’4 87’* 87’4- >1 Co- Rdi. TO T> 813* 80’4 8034-"4 I Connect' cv4'*B4 126 112 123 +B’4 < noRRC" 31 TOO' 534 s>* s’*+ '4 Conan "w F’4« 98 97’*, 97’4- '* ConiomPn TO*. 7* 80 79*/ 7934+ 3* Cons OH 31 84 801* 79 7» -1 ConwW Stl cv 5579 109*4 I<H 107 Corn Pro,' 4»n + 99 97'* 99 +l'4 Pavatrnm to*TO.tol24>* 122 124'*+2'4 TWre *Cr TO- - 92'* 91'* 92 + '* Del LA W 41*8 85 51'4 50 51'4+ '* Dell A" 4a+a *42 54'* 53'4 5 3'4- '4 Det Edison 3a TO «53* 84'* 84'*- 3* DetTADm 43*3 81 99 983* 99 +1 • Doualaa Airr Sa 78 *'* 94 94 -'* Done Aim ev 4. T. 82'* 80*4 80'4-134 Dow cam ev 3« 2141* 207’* 214 +4 Dow Chm 2 35a 81 96 95'* 96 +'«* Dre«a Ind e. 414.7! 90 88’* 89'*—2’* Eaatststl C'" S. TO 108 106 107'*— '* I El Paso ASwSa 65 9934 99’4 99’4 Erie Ss 2021 48'* 47' * 47’+- '* , Erie rv 4»*s 201 S «B’* 47’. 48'*- '* Fir-Mnne 3s «1 99 98'* 98’++ '* Fla East Cat Ss 74 92 90’4 91’4+ 3* Fond Fair rv4a TO 96'* 95'4 96 +1 GnrrCncs ”*s TO 11234 111 1 * 111'*-13* Gen Amo <4 4*4’B’ 96'* 95'* 96 + ' 4 GenAmtr 04. S' 162'* 160 160 -6'4 Gen Clear Mos 87 96>* 95 95'4-I'* Ger Ele< 31*. IS 91'* 90’a 90’4+ '* | Gen Mm Ac Sa 71 100 993* 99?*+ '* Gen M<4 Act As 7S 88’e 87*4 88 + ’* Gen’dnfAc 3’*s6l 98'* 973* 9734+ 3* 1 GeeMnlAre 33*s 7S 843* 83'* 843*+ ’4 I Ge.rMntAei H+eT" 85H 84'. Bs’r+l3* ’ <k n 3«of Ar< 3« fr 100 99’Hr 99'Hr+ 3*. I Gee M* An Sa IF 84’4 83'* 84 - 1* GmiMmAc. ».*> 90'* 89 90'4+ ** ' GenMotAccep Saw 99’4 98 99’4+1'* Ger Mot Co 3V.s7t 873* 86>* 87'4 Gen Tel c» 41*. TO 178'4 173'* 17334-4*4 Gm Tel ci 4. I' 170** 166 166 -4 ! G Time cv 434a 79 135'* 139 131 -5 Grace .1 ’!-> IS 96'* 94'* 94’*-l»* Grd I'n cv 43*. 7* 109 107 109 Gull MAO Sa TOSS 69'* 68'* 69'*+l'4 Gulf MAO 4s 2M4P 59'-. 59 59 +2 HookcrChm <v'reOlB 116 116 -2'* Houaehld F>n Sa 82 99 98'* 98'*- ■* Houae Fin 4*wa 77 94’4 93 94’4+2'4 Hu.’ AMda*. S. 5434 51*» 54’4+2'* 1 Hu" AV tnr Sa S7 11'4 11'4 11'4 Inland ru 33»a 81 84 84 84 ltd Miner cv 3.65 - 87 86'4 86'4- 34 lIAI cv 4’+s 8' 202 191>* 202 +3 rrre* <n a+.«k 112'* ho 111 lAAMS3i*ar> 64'* 64 64'.*+2'* Lei* Vai 4*** 74 53'* S 3 53'*+ >* Leh Val 4> A2nw 44'* 44 44 leh la* 4- OTnrr. 2534 24’* 24?a-l’* l I Leh V Term Sa 79 64 633* 633*+ 3* Lih MeN Cl is It 10534 105 105 + 34 iwaneeo i-iTOrsia 123 120 122 -1 Innllam la as 93‘* 92‘* 92'*-I'* Lon AN ?3*s 2003 60 59 59 -1 ■ Ma<* D »**> • 9934 98’. 99'.+ !'. Mac* cv Ss TO 122 121'* 121'*- '* Martin Cn S*-a 63 99‘* 98‘* 98'*- '* I Ma, h Real Sa Ti 100 99 99 -1 MfOrrm..', ■ vaaTl 98'* 97 TO73*+ 3* Mer Char cv4i*a7S 79 7734 78 - '4 Molt Mos -» Aa se 107'* 106'* 107 +1 ■ REPORT OF CONDITION OF SUBURBAN, TRUST COMPANY Os Hyattsville in the State of Maryland, at the close of business on December 31, 1959. z ’ ASSETS Cash, balances with other banks, including re serve balances, and cash items in process of collection $17,338,782.59 United States Government obligations, direct and guaranteed . 32.461,397.23 } Obligations of States and political subdivisions . 5.651.775.96 Other bonds, notes, and debentures 7.503.386 22 Loans and aiscounts 'including $11,379.15 over- draftoi 82.561.833.57 Bank premises owned '51.534.557.19, furniture and fixtures $635,065.49 2.169.622.68 Other assets 445.322.21 Total Assets-$148,132,120.46 _ * LIABILITIES ’ Demand deposits of individuals, partnerships. | • and corporations $771079.503 78 Time deposits of individuals, partnerships, and corporations 46.940,410.40 Deposits of United States Government < including postal savings) 1.662,167.52 Deposits’of States and political subdivisions 10,040,301.73 Deposits of banks .. 959,223.93 Other deposits 'certified and officers’ checks. etc.) 1,007,251.95 Total Deposits $137,688,859.31 Other liabilities 1,319,342.35 Total Liabilitiessl39,ooB,2ol,6B CAPITAL ACCOUNTS capital* $2,400,000.00 i Surplus 41)00,000.00 Undivided profits . 2,723,918.80 Total Capital Accounts $9,123,918,80 Total Liabilities and Capital Accounts . $148,132,120.46 •This bank's capital consists of common stock with total par value of $2,400,000.00 MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes $13,708,965.00 Loans as shown above are after deductions of reserves of 1,036,153.91 I. BRICE D. DUCKETT, Treasurer of the above-named bank, do solemnly affirm that the above statement is true, and that it fully and correctly represents the true state of the several matters herein contained and set forth, to the best of my knowledge and belief. BRICE D. DUCKETT, Treasurer. State of Maryland. County of Prince Georges, ss: Sworn to and subscribed before me this 11th day of Janu ary. 1960, and I hereby certify that I am not an officer or di rector of this bank. (Seal.) MILLIAN B HODES, Notary Public. My commission expires May 1, 1961. W CARROLL BEATTY, FRED L. LUTES. ROLAND H. BERGER. HARRY MARTENS. Jr. G. CARVILLE BOWEN, WILBUR B. MEHRING, WILLIAM BOWIE. OLIVER METZEROTT, J. NEWTON BREWER, Jr., WALDO B. MOYERS, LEONARD H. BURCH, NICHOLAS OREM, Jr. JAMES A. CHANEY, HERBERT W. REICHELT, J. DONALD CLAGETT. WILLIAM H. REYNOLDS, T. HOWARD DUCKETT, JOSEPH RICHARDS, Jr. SAM EIG, C. BAILEY SCRIMGEOUR, WIRT A. GILL, J. ROBERT SHERWOOD, JOHN H. HUNTER. THOMAS B. SYMONS, THADDEUS M. JONES, WILLIAM B. WHEELER, ARTHUR C. KEEFER, WILLIAM M. WRIGHT, Directors. HUh Low Clom Cha i ' MKT Inr sl*a»M 26V* 24J4 25'*- ’* > Mo Kan* 1 V» e 88' « 85>* 88'4+314 > Mo Kan lei 5> F) 59 59 59 Mo Kan T G*a TO 64 62 64 +2'* I Mr Kan I 4« SO 58‘* 57 58'*- '* l Mo Pa< .i» T 045 61V* 60'* 61'4- <* ■ Mo Pai «*i* 2020 65 64 64>*+ '* Mo Pni Mi* 20TO 62'4 61>* 62'4- 14 Mo Paeifii M4a la 92 91 92 i Mr Pa< «Uk IT 71 69'* 7O'*+ M ' Mo Pa< «■*!■ 2i»r 69‘* 68 68’*+ ’* i Monon RR m TOO) 46'* 46 46 -1* l MnrSßv U-. TO*' 49V4 48** 48'*- I* i NatCylG Cl SM|»TO 101 100** 100*4- ■* ’ l Nat Dnlr> TO 84** 84** 84‘*- V 4 t ' Nat Stl lIMn K 82** 82'* 82'* ' Na* la-n I'-. M ill 1081* 108'*- ** N E"+re i tl-rf’ 100 99M 100 + H i > NewEnrT+T 3a W 75** 75V* 75H+IV* , > N I ten 6« ft. 92 91 92 ■ • N V Cen M TOI.I 69’* 68V* 68’+- Ml | 1N V Cen 201? 62 61 61H- >4 , N 1 Cen 4a 90 591* 58' * 58»*+ '4 1 > NYtenHRM*. F) 61?* 60'* 61’*+ ’* I 1 N V Cen IJi V-.nO’ 53 52 53 +1 ■ ■ N V * Ha »« TOVin 64 63’* 63’*+114 NYNH cv 4'”TO2? 189* 17'* 17**- ’* ’ NYNHH 4a 2007 40 38'* SB‘*-l , 1 NYNH 4s 2007 rea 38 3794 3794 • NiaM->hP»r4'««, 100** 100 10094+1** 1 > NiaMPw cU’ksT 111 HO 110 -HI | No Nat Gas s'is79 101'4 101*4 101'4 • North Par Is 84 83** 83'*+ H • Nnj Par 4. *147 58’* 58‘* 58’*+ 9* i 1 Nor Pac 3s2H7rea 56 56 56 , Northrop cv Ss TO 921* 90>* 92‘4+lM I 1 Northrop cv 4s TO 1151* 1091* 114 +2l* • Olin Math .-vV-a* 120 116‘*H61*-3 , HinMath cvSi+s 93120 117 117 -3 • Or” s.hPPN?. rs 9894 98‘4 98'M>+ l Mi i ’ Ovfnrrl cv 4V4« TO 109 108 109 +1 • Psmtl, G* F 9a MV 101*4 1001* 101‘4- ‘4 , Pac G 4 ESs 91 100’* 100>4 10094+ ** ■ >’». GH 3’.a TO 90 88*n 89 1 Pac G*E 3«*s «S 0094 801* 8094+ H •ar G*F 3« 74 80’* Po‘* «o’*-‘*| • "ac G»F 3s TO 771* 7714 77'*+ ■* ' ’ "»• TIT »*4s M 72 70 72 +2 • PanVmV cvCvs79 98’4 97'4 9794- H ’i Per RR «*s f» 99H 99’Ar 99H+ ‘4 Pen RR 4U« SS 94 93>* 931*- U - ’ | Pen RR SUs SI 72’4 71’4 7294+1 | I K,nßß<v.. M 73'* 71’* 721*+ Vk Peoria? East 4r SI) 99'4- 99 St 99'St I ' sFIs * 611* 61 6194—19* ■ Phil B*W |l*s TI 791* 799* 79H ■ 1 Phils Elec 5s 99 103'* 103 103'*+ '* I ' Phila Eler IHs 97 99'* 99'* 99'*+ '+ 1 Phila Eler 9*4« 99 85*4 85‘* 85H-1 ' Phil El ”'<• P 86'4 86>* 86’4+ >* Phil El TO.. 11 811* 77 77 -3 | Phllco cv 194 s M lll'*lo9 109'*-194 ' Phil Pc' cv l'4s 87 108 H 105 105 -3 > ' PCC4SI Ss TO 89 89 89 -2‘* ■ ’, Plant PL 3>*s 86 81'4 81'4 8114+1*4 Pot Eler m ■Hsl? 109 107'* 107'*-! 1 * | ' ProriGam 3’ks 81 91'* 91 91'4 ' Pun«i Fit; IS.vTO 971* 96’* 969»- X* | ' PubSEG 394 s 83 81'* 819* 81'*- ■* ’ ' Hi ».* 39**89 ' 1321* 126 , 128 -394 . 1 Rich *ll''*? I’ks S 3 H 6 1149* 115'*—2 ■ ' Roch G4E 394 s 69 86 85'* 85'*- '* ’ Itoh- 4'l r. 1'4877 1049* 103 103 -I'4 | ‘ RovMcß ci 614 s 17109'* 109'* 109'*-3‘* St I S 8 Ss TOOS 69‘* 68'* 69'*+ H I Stl Is F) 69'* 689* 69 + '4 “ Stl Sw Ist Is W 82’4 82** 8294+ V* ■ ‘ Sroit Panes .»/! 101'* 99 99'*-19* • ’ SearsßK o IHs «;• 9894 97H 98' «+ 14 . ' SearsßnehVc saS2'lol ICO 100’*+ H I • Sea m Roe 4cl *» 572 99 97 99 +l'* 1 SearwßoeVelHsTO 92'* 92'. 92'4- 14 | . Seibet Rub cv3s7» 92'* 92 , ShamOG CVSV.S 8? 113 HIM 111 M-1-4 | ‘ ’-he'l I n «+« 71 £4'* 84H 84"* • , Sineiaii cv iMsN 102>* 99M 100**-2H . L Smith! 01 cvS'.sTO 103 101 103 +1 Socom 2HS 7f 76'* 76'* 769*- H So Re" H I'4 79 78’* 79 +2'* | ,Sw Bell T 2»U SS 74 72 74 +2 So Pacific 59.4 83 989. 98 98 -2 * | So Par I've SS 97'* 9114 ' ' Sou Pm 49*’ 81 84H 83’* 84 + 1* . ’ Sr, Par lit lUs TI 90M 89’* 90>*+ ■* I So Pac 294 s 96 569* 56H 56H-I’* ‘ South rts Sana 101 100‘*100'* I ' So Bell H P.s U 72'* 72‘* 72'*+lVi -iMea* !cvSs 84 136 131 I>l —4'* | ' Sto Oil Cai 14. S US 95M 05H 95H— 9* 1 M<l Oil Ino ll*s 83 96’* 95 96'*+l . ! StdOillnri .-v ussa? 107 105‘* 1059.-2 ■ ’ Stri Oil N J 2’4> 74 81'4 81 81'. ' Sir <1 NJ Tow 71 79V* 78’* 79’*- '* | StrKHlObio 4'4S 82 95 94'* 94'*+ ’» . I Talcott S'vS 79 97 95M 95M-114 Talcott cv 5s 79 113'* HIM 112'4+2'* ’ lev ore 3s to 91’* 91 9194+ 9* . rbomoPd cv4''»sB2 117'* 115 115 —214 CtdCast o 4Hs 77 96 »5‘4 96 +1 , Did Gas Co IHS7I 91',* 90'* 90' 4- ’* , -SieeilsK' »1»* 90'* »!'*+ 1* . send 1 lies * 96 94'* 95'* , Va EI4PW3HSBI 80 79V* 80 Vita Rs 'nt 6* amrlinM 112 M H2M , AeslPennP 3KM» 92'* 91 91 -'* * Shot' 4s 2361 57 56 56 H , AShoia4s236lres 57 55V* 57 Ahee, St CV39.576 109 105 106 -3 Ale Cent 4a 2004 60 58 60 +2>* HiW YORK CITY 3. SO *4'* 83‘* 04 + 1.— COMMODITIES NSW YORK. Jan *,’3 <AP>— Th? Abbociatea Pr?!>A index of important • commodity prices advanced thia week i for the third conaecutive week i Th? index retiatered 167.7* com pared with 167 65 a week aio and . 16M 70 a year ago ’ Pood. livestock and nonferrous, 1 metals advanced Industrials, arairu » and cotton and textiles declined r JanT: Vsk A«o Yr Ap » 35 commodities 167.72 167.65 l»iH.,(» Industrials 192.43 192.53 166. J' „ Food 116.34 116 33 126.76 1 Livestock 161 16 160.23 161 24 1 Qrains Al cotton 172 96 173 94 176 19 Textile 153 49 153 62 135 29 Nonfer metal 202.60 202 63 167.26 . ■■ ... Corporate List And Treasuries Gain Slightly By WARREN BENNETT Associated Press Financial Writer NEW YORK, Jan. 23 iAP).' —Corporate and Treasury bonds advanced this week. Market experts felt the rise was more a technical adjust ment from recent record lows than a reflection of bullish sentiment. They pointed to continuing economic storm sig-, nals for fixed-income securities. Executives of the big banks told stockholders this week money probably would get tighter. The corporate market closed higher after grilling ineffectu ally the first four trading ses sions. Investment quality is sues, rails, industrials and for eign bonds posted advances. Utilities declined. For the week, the Treasury’s Victory 2V a s of December 1972- 67 gained 24 32 at 81 4/ 32 bid. The 2‘as of 1963 were up 12 32 at 92 6 32 while the 3s of 1995 !■■■■■■■■■■■■■■■■■■! ■ FREE REPORT a • “More money has been made in real estate than in ■ I all industrial investments combined." - —Andrew Camogie ■ We Recommend ■ : FLORIDA LAND STOCKS I Participate in the dynamic growth of Florida through B g ownership of stock in aggressive land development companies. We specialize in Florida stocks, including | the following: g Arvida, approx. $l5 per share I Lefcourt, approx. $6 per share Florida Southern Land, approx $1 Alaskan Oils and Minerals, $7 ■ | (Owner of Indian lake Estates, Inc.) g ■ Call or write today for g g free reffort or to purchase “ ““ “• ““ ■“ MB M amo * MB OM MB MB B BATTEN & CO. i' 1835 K Street N.W. ST. 3-3060 jl NAME ADDRESS F R| CITY RHONE !■ B l - - ’ - m '< ■ ■ ■ ■ tr ■-■■-a Selected Second Mortgage Notes Fixed Monthly Returns Include Interest ond Frincipol. YOUR INVESTMENT GUARANTEED By Our WARRANTY! W) Investments begin at $2,000 I f•«r -1 if'K »• >t flit lo,rf>, * vi ■ ph’tnc «»$ nsjtl < irtifnin r MASON MORTGAGE & INVESTMENT CORP. I S.<u,ii... Sld,.. o*pl 729 13,h ts N W.. w..b 3. 0c„ Ol J 340 J j i NAME 1 • ••• i... iniu„, | ADDBESS I I . I L Il 11 SS-'uvg-- 3 3 10 Pa I I lif I f I ~h I v H r ll I liii I z4s We Enter Upon Our THIRD DECADE... i JTe look forward with • • • MP ,n^l ' pride and pleasure in the knoul- 0 . edge that ue have contributed to the vast growth confidence and pleasure and development of the community, serving the q to Servin H you now ashington Area's builders, realtors and home / • . . buyers with complete mortgage banking facil- 1 and in the years to come ities. • { FHA & VA FUNDS The twenty years since our founding in 1940 by NOW AVAILABLE a,, ’ Albert E. Landvoigt, architect, builder ————— nni i ri ,i t lt ort have been years of sound, steady J to individuals, and the clients uur l>l>sition of of Builders ond Real Estate Brokers. Ming mortgagl , lpn(ling inilli tutions. > Terms up to 30 yrs. MORTGAGE COUNSELING lecialists in the mortgage field —not en- j FIRE, CASUALTY, AUTOMOBILE " rr "' Ps,a,P ° r —e AND OTHER INSURANCE ,n THOMAS S BAUER C ' Pn ' h "' u ' l " , P °f lonn tnqutries, applications Erecutwe l ire Premlent nnft elements. p arp P rn,, d °f the friends we. have made and , gratified by the trust and confidence which the HELEN MARX GEO. J. THEOPHILOS Washington Area business and real estate com- Assistant Secretary Assistant Loan Officer i , . munittes have extended to us tn so great a * measure. C Approved Mortgagee X. I' J 0 FEDERAL HOUSING ADMINISTRATION /i dsffNf.Jr./ Approved Seller-Servicer • t/t/tAJA/ FEDERAL NATIONAL MORTGAGE ASSN. ’ INC Member * f MORTGAGE BANKERS ASSOCIAIION OF AMERICA MORTGAGE BANKERS mortgage bankers assn's of metropolitan wash , d. c. s k lIS FIFTEENTH STREET N.W. • WASHINGTON 5, D. C. • DISTRICT 7-7686 The Best in Service Since 1940 t ————■ 6 I — .lHR> I ■ 1 w, w - / ■ ■ Hh al WILLIAM B. ABERT —— : advanced 8 32 at 81 bid. The ‘ 3!4s of 1983-78 and the ’ [ of 1985 were unchanged at 1 82 28 32 and 82 16 32 bid, re- 1 . spectively. • Old Club Restaurant 555 S. Wo»hington, Alex. > Meet friend.* at Geo. > . > Washington s old Club* < . a house. Finest food at I 5 T prices you like. Attractive Colonial X : t dining rooms. Lunch and dinner T cxcent Monday p ar k p ree | ♦ ▼ Parties, Banquets, Meetings Receptions* New Bank Branch! Opens Tomorrow In Wheaton Plaza ( The Bank of Silver Spring ’ will open its new Wheaton of fice in the Wheaton Plaza , shopping center tomorrow i morning. The branch opthing precedes ! by more than a week the for mal opening of most of the center’s major retail estab lishments on February 5. Among these are big stores of Woodward & Lothrop and Montgomery Ward & Co. William B. Abert has been named officer-in-charge of the new bank branch, which will offer complete banking serv ices, including a drive-in win dow. Both the interior and ex terior of the branch quarters are of attractive contempo rary design. o professional men 1960 CHEVY low AS as $79.50 24 MO. LEASE Insurance Optional ANY '6O A* D MODUS I LEASING DIVISION 407 Florida I. LI. 6-1200 OPEN ALL DAY SUNDAY . JUST GOT MY i f . new VOLVO ; ■ .8 . SEI ITI DRIVK ITI and . .* YOU'LL BUY ITI TOO I • American motorists hive accepted the • • sensational Swedish-built Volvo as the answer • • to their needs for practical, economical ' • transportation. Compare Volvo with any car • in its price range, and you’ll see why .* • we say “One Try—and You’ll Buy." • B Vtojßi j |b NEW! Interior colors and NEW ! Bigger rear windows i . NEW! Smarter, padded | NEW! Wider rear seat n.n.l 1 NEW! One piece windshield, ,rument P 1 ” slimmer pillart NEW! Brighter, safer turn 1 NEW! Four speed transmission indicators and tail lights. r 2 Ask .bout the Volvo O’onsoi Delirery Plea ANNAPOLIS MOTORS 2 606 New York Avenue, N.W. Washington ; EX. 3-4744 2 - ■ 2 ! Safeway to Open Suitland Store Safeway Stores, Inc., will open a new store at 4619 Sil ver Hill Road in Suitland, Md., Wednesday morning. It will be the first new Safe way opened so far in 1960 and will have around 15.000 square feet of space, Wilfred E. Schmalfuss will be manager. rCURRENT DIVIDEND RATE PER ANNUM And in Addition • 20 free dividend doys—money received through 20th of any month earns from Ist. • Dividends added monthly and Compounded Quarterly. • Dividends now paid on with drawals made between quar terly periods. • Each account insured up to $lO,OOO by the Federal Sav ings and Loan Insurance Cor poration. • We pay postage. "ALWAYS SAVE AT HOME" I HOME Building Association of the Diifrict of Columbia 2006 PENNA. AVE. N.W. FE. 7 8850 Washington 6, D. C. CHARLES L. NORRIS Pretident --AIS& EDGAR F. BRITT tieeutive Secretary Parking Provided THE SUNDAY STAR Washington, D C., Jonuorf 24, 1960 J. B. KENDALL COMPANY Steel Service Center z Sales Position Available Prefer man with steel background to age 35. Phone: LA. 6-2484 for Appointment {"■arnrrv 7sr"g”m. a EXERCISE CLASSES / \\ * BARBELL GYM ' BODY building y a REDUCING Z? a SWEDISH MASSAGE 0 TURKISH BATH Open 24 Hours a Day Closed Friday Sundown to Saturday Sundown JOHN HANSEN’S PHYSICAL FITNESS CLUB 4848 Cordell Ave., Bethesda, Md. OL. 2-3100 OL. 2-3100 Reserve District No. S REPORT OF CONDITION OF THE American Security and Trust Co. Os Washington 13, in the District of Columbia, at the close of business on December 31. 1959. Published in response to call made by Comptroller of the Currency, under Section 5211, U. 8. Revised Statutes, and a call made by the Federal Reserve Bank of this district pursuant to the provisions of the Federal Re serve Act. ASSETS 1 Cash, balances with other banks, Including reserve balance, and cash items tn process ol collection - - $67,799,609.84 2 United States Government obligations, di- rect and guaranteed .. - 106,454,683.34 3 Obligations of States and political subdi- visions 11.024.074.87 4. Other bonds, notes, and debentures 5.260.283.49 5. Corporate stocks (including $510,Q00.00 stock of Federal Reserve bank) 510.003.20 6. Loans and discounts (including $75,802.36 overdrafts) . 170,332,740.67 7. Bank premises owned $957,784.22, furniture and fixtures $956,356.92 1,914,141.14 9. Investments and other assets indirectly representing bank premises or other real estate 4,418,163.78 11. Other assets 2,425.540.31 12. Totkl Assets . LIABILITIES 13 Demand deposits of individuals, partner- ships. and corporations $228,265,530.00 14 Time deposits of individuals, partnerships. and corporations ... 76,724,373 04 15 Deposits of United States Government 11.430.884.59 17. Deposits of banks ... 21.009,763.77 18 Other deposits (cirtifiej ar.d cashier's checks, etc ) 3,721,257.20 19. Total Depositss34l,lsl,BoB 60 23 Other liabilities 7.941.493 67 24. Total Liabilities $349,093,302?27 CAPITAL ACCOUNTS 25. Capita) Stock- , (a> Commoq stock, total par $5,000,000.00 $5,000,000.00 26. Surplus 12.000,000.00 27. Undivided profits 2,895,938.37 28 Reserves 1,150,000.00 29. Total Capital Accounts $21,045,938.37 30. Total Liabilities and Capita) Accounts $370,139,240.64 MEMORANDA 31. Assets pledged or assigned to secure liabili- ties and for other purposes $31,112,876.33 I. HENRY K. WILLARD 11. Treasurer of the above-named bank, do solemnly sweariihat the above statement is true to the best of my knowledge and belief. HENRY K. WILLARD 11, Treasurer. District of Columoia. ss. Sworn to and subscribed before me this 11th day of Jan uary, 1960, and I hereby certify that I am not an officer or director of this bank. (Seal.) RITA M. DRISCOLL. Notary Public. My commission expires March 14, 1964. Correct—Attest: ROBERT C. BAKER, THOMAS D. CARSON. D W BELL. ‘JOHN B. HYDE, EDGAR MORRIS, ANDREW SAUL, * WM. J. FLATHER, JR. FLOYD D. AKERS, •GLEN E. EDGERTON. LAWRENCE E. WILLIAMS, JOHN W SWEETERMAN, L. PERRY WEST, ALVIN L. AUBINOE, THORNTON W. OWEN, RUSSELL E. SINGER, A. J. SOMERVILLE. GEORGE B. BURRUS, HOWARD W. KACY, JAMES C. WILKES, JOHN C. RILL, Directors. •Directory Emeriti REPORT OF AN AFFILIATE OF A BANK. Published In ac cordance with Section 5211, U. S. Revised Statutes. Report aa of December 31. 1959, of American Security Corporation 734 15th Street N.W.. Washington, D. C.. which is affiliated with AMERICAN SECURITY AND TRUST COMPANY, Washington 13. D. C. Federal Reserve District No. 5. Kind of business of this affiliate: Management of and participation in large construction loan syndicates, real estate agency including mortgage servicing and property management: insurance agency; travel agency; and investments. Manner in which above-named organization is affiliated with bank, and degree of control: The shareholders of American Security Corporation and the'stockholders of American Security and Trust Company are exactly the same, 1. e„ each holds the same number of shares and has the same interest in both. Financial relations with bank: Stock of affiliated bank owned by the af filiate (par value) None Loans by the affiliate to affiliated bank None Stock of affiliate registered in name of af+ ’ filiated bank or known to be owned by bank directly or indirectly (par value) • None* Borrowings from affiliated bank, including ♦ acceptances 'executed by affiliated bank for account of affiliate and securities sold to affiliated bank under repurchase agreement None Other obligations of the affiliate to. or known to be held by, affiliated bank $5,204,820 63’* Other Information necessary to disclose fully relations with bank: One officer of the corporation and three of the directors sei've in similar capacities with the affiliated bank. Each company provides certain services for the other. •Except in affiliated bank's capacity as trustee for others with no beneficial ownership in affiliated bank. ••Purchase money indebtedness. I, MALCOLM A. BELT, Assistant Vice President and Treasurer of American Security Corporation, do solemnly swear that the above statement is true, to the best of my knowledge and belief. MALCOLM A BELT, Assistant Vice President and Treasurer. Sworn to and subscribed before me this 13th day of Jan uary. 1960. (Seal.)’ LOLA ELLIOTT. Notary Public, D. C. My commission expires March 14, 1963. A-17