The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1910-10-23
RANK SHARES YIELD
EXCELLENT RETURNS
Records of Washington Fiscal Institutions Show Wonder
full Increases In Share VaueS-Outook for Future
ConSdered-Realty Factor
By I. A. FLEMING.

There are no better investments In the
interest Of estates or In the Upbuildlns
Of an income fos matIrer wears than
the shares OF banking Institutions man
aged by careful and conservative men,
free from the faint q speculative opera
lions and where banks are conducted
solely with a view t. make money from
legitimate methods IN conformity VITA
the understood principles Of banking
Foundations for many large fortunes
have been laid through extremely mod
est investments, taking Into considera-
ton also the natural increment accruing
from rights TO subscribe 10 new capt
talization that the exigencies OF bust
ness have made advisable. True, there
are times when a holder of bank stock
may lose a little sleep. times when con
fdence IS so badly shaken that il takes
nerve to watch declining values AID
hang on, confident in the outcome. And
many shareholders have been losers
through investments; some have been
forced TO stand an assessment. but the
percentage Of loss and Of assessment as
we'll. has been exceedingly small. The
double liability contains no serious
threat. for with conservatism. the rec
ord of the national banks since the
passage Of the act authorizing their ex-
istence. showing less than per cent to
have been lost to depositors, may be
eQualed BY trust companies and State
Institutions as well.
Washington is a highly favored city
IT Is the only American city that must
grow in population In wealth. in Of
fered employment and all that goes to-
ward material prosperity. II stands
alone on this continent.
If you believe that the United States,
a nation in its youth and in possession
Of full vigor, Will go ahead with the
strong strides that it has maintained for
a hundred years. and more especially for
the last five decades. then you must ad-
NIT that Washington, the business
office Of the nation, viii reflect TO no
uncertain degree this growth and pros
perity. And the S4O.OOO.OOO a year dis
tributed to Government employees In this
city, and many additional millions rad
iating from this city elsewhere, s=tu
grow into more and more millions with
the passing OF each year.
There IS probably not a high grade
bank stock in Washington that viii not
sell 800 a share higher in ten years,
that win not increase in value on this
ratio
Last Wednesday the Commercial Ma
tional Bank started on the seventh year
Of its existence Ii was organized Oc-
tOber 19 1904. Its original capital was
$500, 900, which was put out at face value.
500 a share. Yesterday the stock sold
at 800 a share. a net profit OF 500 a
share, in addition to 81 share divi-
dendS. counting distribution for the cur
rent year. Moreover a large block OF
stock in this bank sold within a CON-
paratively short time at SOS and during
the past week q 200-share lot at much
better than $500
On September 10 asst the District Ma
tional Bank haC been in business just
one year. Within five or six weeks IL
will be in a splendid new home Of its
own. and the rent therefrom viii add
greatly to its revenues The stock MAS