Daily national Republican. (Washington City [D.C.]) 1870-1872, 1872-11-16

Good showing of ,hsIr Work for the Past

Good showing OF their worn Tor lhe fhAt
Year,
At tho annual meeting Of Central BuildIng
Association, No. 2 on Thursday, tho secretary
Mr.. W. W. Moore, submitted The nfst annual
report II shows receipts, t5l,l6I %; ditburse.
sharcs) leaving balance Of t3,73s5 so, which
however, 10 drawing interest Tho net assets
are sls,6lp.SO. The stock account shows total
number VI shares subscribed, $500; Withdrawn,
II; bought out and advanced on, iA-it1; nun.
bsr remaining unsold, o. s53,present actual value
OF one share, el2 623S. lie says u 10 proper TO
OF the association and tho present value Of lie
stock arc based upon the means actually in
hand. The nominal value Of each share IL t20O,
les, " per cont Il int portion Gi ne a,se Is
computed upon this value, instead OF upon the
actual amount advanced on those shares, the
total Of that item Of the assets would 30 In
which sun, divided by the remaining 9s5J
shares, would give flLA2 as the present value Of
each share. the JJt shares sold during the
past year, estimated at 900 each, amount to
$50 500. The premiums obtained on these sales
amount In the aggregate 10 s3T,2pL and the al.
yancss made thereon amount 10 al9, 500, hsnbove
stated, showing tho average rate OF premium N
have been 10 per cont, The following otticers
wcro elected: Dr. Al BOfland, president; JnO.
H. BartloiL vlco presidents James Fraser,
| !. q. FTanzoni, WIN. Il. Riley, SIiSs Il. Moore,
| Charles =, Wannnll, Thomas u. PeRicks, u |.
ward q. Eoklnh, James T.. Turton, CHARLES W.
/ sClCll ana Joseph T. Herman
The first annual meeting Of tho East Wash.
| Ington building Association was held on
| Thursday night last and the following officers
chosen Jas. A. ratt, presidents J. A. Stalldy,
vice president; Geo. =. Qullok, treasurer; r. II.
| Ferguson, secretary. The board Of directors are:
| J. y. Richardson, Geo. X. Wilson, ], W. West.
| TALL, J, :, slater, W. y. Carey, VIM. II. Barton
| and A. N. Meoksr. Tho report OF the secretary
| shows the total number Of shares subscribed ut
! 1911; Of which numuCr ~ shares have beeu al.
| Vauced upon, % withdrawn and 20 Cancelled,
leaving l5yO shares outstanding. The presen,
value Of each share Is ti2.75. Tho receipts itOm
| dues, advances, fines aud settlement Of loans
has b,on S13,9tS which has boon Invested 10
| real estate and properly secured.
| The tWonty.tifth monthly meeting Of the Mer.
chants and Mechanicsl Building Association
| was held at No. O15 D street, aud the following
board Of officers onOson to serve for the euaunp
| year; W. u. Brown, PRESIDENT J. H. Bartlett
| vice president; y. NJ. DuncansOn, treasurer; J
| 4. pHther, secretary; dltocturs-Francls Mil
| Ter, Il. Downing, ElWin Harris, NeO. I. Dear
| Ing, j. W. BDtelor, J. W. nrane, Franklin Bar
| retL Robert W, fenwick, WIN. Powell; trustees
| WIN. Il. Woodward, d. =. MOrsolli attorney, l
l.. JohnFon. There was $500 sold at an aver
age premium OF Il per cent. MT. J. T. PTathor
receipts and disbursements at Ell, 4Jt25-a T3,s I
| advanced on 6lO shares VI stock; average pre-
MUM during the year, 43.t7lS poT cent; numbe
| OF shares subscribed, 3,p53; now on rolls, a8li
advanced on hrSt year, coo; do second year, 6i9
cameo led INST year, pOj do second year, SIS; nON
hOldi ing advances, sol; not advanced on, 2 90
| gross assets, Sl33,2s3 ~; not assets, Q726Tb.6l
value OF one share, as S5.55. At tho last TepOr
the value OF one share was sl2 pI02.