Evening star., 1920-11-22
CONTROLLER SEEKS
new Information
Wants Segregation of Oepos.
it's and Loans and Discounts.
Graphophone Earnings.
RY I. A. FLEMING.

RY I. A. FLEMING.
In his latest call on national banks
for reports of conditions as of No
vember Is the controller of the cur
rency has delved deeply in an ef-
fort to segregats the various sources
Of deposits. and, on the other hand,
! the users Of banks credits.
When the figures are completed
and an analysis made of the s.0o0-odd
statements the controller VIII he IN
a position to indicate more or less ac-
curately the interests that Dosrow
more heavily than they produce; to
indicate whether the agricultural In
terests, cattle feeders and planters.
etc, have been given their fair snare
oi credit or stintcd as claimed by
many.
Wall street will he under the search
light again and The entire activities
of the security market viewed from
its various angles.
The study OF these figures VIII also
show something of the swing OF thc
so-called compromising oalance de
posi,s carried in part by hofro"ers
against loans made. WhethSf 'Ieia -
any real equality between prvcuttrs
results and borrowers wants WI. ;Iae
bc shown.
The controller wants TO know the
source of deposits according 10 ous'-
ness and avocation: he wants 70
know whether deposits are OF pubic
funds. funds of railroads or steam-
ship companies, electric Hsnt, hea',
railway and power companies, coai
and coke corporation. flrms ana in
at,iduals engaged in manu1acturlns
and merchandising; all deposits from
producing and refining companies and
all firms or individuals engaged IN
producing and refining and ensageo
in manufacturing petroleum ana ri..
real oils. other sources OF oepos,,s
arc also asked covering prac'icaii9
every producing avenue
Loans and Discounts.
Th. controller would know the per
sonnel of the borrowers, thlouSn
loans and discounts under diifefeht
heads as follows:
Loans and discounts to those en-
gagged in specified operations: IN aio
of farmers. agriculturists ana cd.tie
raisers. to manufact uring corpora
lions and firms. individuals and o1ners
engaged in the manufacture OF cars;
10 mercantile corporations. nr1ns ana
individuals engaged in the 1opolns
business, or trading in dry gooos'
furniture building materials, %imple.
ments, vehicles. automobiles, genera
merchandise: to those trading In
bonds and stocks, brokers, investment
securities of shipping, electric. ifght
and power companies. .
Finally the controller wants a hne
on loans to professional men. doctors,
lawyers, chemists, clergymen, en-
gineers, etc. >
Local Securities. .
Business on the local stock ex-
change was rather quiet, with no
noticeable improvement in prices. Ioi-
lowin gthe better feeling in New YORK.
securities.
pany stock brought 22S and the Con-
tinental Trust Company 11O.
Mergenthaler sold at 121 y ex-div1-
dend. A little Traction, sold at S5 Y.
In the bond list Washington Gas
IS at 76 and General Railway 6s at
s5N and ssh furnished the activity.
Dividends Declared.
the c..eo cananea Company has
declared a - .sr,,s a share dividend
on all s1Gs az .,ue STOCK povaode
November %. =
C~nznereial National Deposits.
Tho Commercial National Bank de-
poSfts of November 15 were $11,5O2,-
S7s.23. q loss Of $11S.369 from those
Of September 8. and not OF $1,11S,S6S,
an reported on Saturday last.
In the same comparisons the United
States Savings Bank made . net
gain Of $5S1.
In the same comparisons the Mer-
chants Bank made net gain III de-
posits of $15S,3S4.
Grnphoph0ne Earnings.
For the nine months ended Septem-
ber 80. 1920. Columbia Graphophone
Manufa cturing Company@reporis net
income. after charges and federal
taxes, of $3.612,474. equivalent. after
preferred dividends. to $2.54 share
carneh on the 1.20s.s33 outstanding
shares of common stock of no par
value.
Income account for the nine months
shows as follows:
Earnings 81, ,303, ,734
Interest Observation-Disclosures. 330,46s
Net earnings. :-.- .so-SsS.-ot
Charges. depreciation. federal taxes.
Net income ..,...... ...aa......$ .@a..esa ~
Surplus .$9. OF lee
sud 1..z ,urpl,,s RC1