davidaulloa/AmericanStories huggingface dataset:
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

THE NEW BURKE Skipper is a,
entirely new style driver. You will
like it. See one at the Columbia Phar
macy. z
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

WANTED-We want fat hogs. All
we can get. Farmers Exchange.
52tf
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

WANTED-We want fat hogs. We
pay the highest prices. The Farm
ers Exchange. 2tf
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

FOR SALE-Winesap apples, rs,
per box at the Grange Warehouse.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

WANTED TO RENT-Furnishe
house. Modern. Apply Pc. box
LAG. Sp
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

MOTORS-We buy, sell, rent, rewind
or exchange motors. If you have an
old motor or frame you don't need,
turn it into to cash. Service motors.
IRRIGATION and electrical supplies al
wavs in stock. Empire Electric Co.
Pasco and Kennewick. 1-26c
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

ASK FOR KENNEWICK 1925-Free
price list and booster to send to
your friends. Omar w. Rich office in
Kennewick Hotel corner.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

FOR SALE-Barred Rock eggs for
Matching. O.A.C. stock. Half mile
west of Finley. c. S. McCarty. 52tf
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

FOR SALE-5-gal. Jersey cow, test
a., freshened April 8. j. N. Weldy.
Phone 40x14. 2tf
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

FOR SALE-Mammoth Bronze tur-
key eggs, 40c each. Order now. w.
w. Rice, Kennewick, Wash. 5p
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

DIR. H. C. Curry, eyesight spe-
cialist of Seattle will be in Kenne-
wick Tuesday, April 81. Eyes exam
med and glasses fitted. Sc
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

BARRON RED-Turkey eggs for
Matching, 30c each. White Leghorn
eggs, 75c for Is. H. C. Zinser, Boldt
place, Highlands. 5p
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

CONCRETE PIPE-For irrigation
purposes. Any size or quantity. For
prices see Gascoigne & Fyfe. 37tf
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

FOR SALE-We carry adding ma
chine paper, zoe per roll or three
for half. The printing office. 5p
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

FOR SALE-Ford roadster with box
On the back. 500. Beste's Tire
Shop. 1tf
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

LIBERTY PROGRAM
FRIDAY ONLY

FRIDAY ONLY
Memphis Minstrels, consisting OF
30 people in a real live up-to-date
show. Watch for their big street pa.
rade at noon. Show starts at s:15,
Popular prices.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

Wanted-Listing of your ranch or
city property. Have parties who
wish to buy and trade. See Fyfe at
Gascoigne & Fyfe's. 4Otf
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

SWEET POTATO PLANTS ready
middle of May. SOC per doz; S1.25
per 100; $40 per 1000. Kennewick
Greenhouse. 51tf
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

FOR SALE-A "reaP' time at the
Apple Blossom dance Saturday,
April 49,. 2-3c
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1925-04-16

FOR SALE-We have rubber stamps.
pads, and ink. Prices right. Call at
the printing office. 5p
Milford chronicle., 1925-05-01
Slaughter Neck

The Slaughter Neck P. T. A. will
hold it's meeting Thursday night
May z, beginning at 7:45 p. m. AT
this meeting the community will
present a comedy drama entitled
"The Laughing Cure" The story
deals with a chronic invalid who is
cured merely by changing i'll tenn
per to good nature. The play is a
scream all the way through. Don't
eat much supper, for you'll be filled
with laughter Just try the laughing
cure.
The cast of characters is as fol-
lows:
DR.. st. George Carey, Harry White
Jimmie Mason, VIM. Dickerson.
DR.. Whitcomb, VIM. J. Lawson.
Clarke Hanson, Wallace Jefferson.
Laura Hanson, Mrs. Wallace jeff
erson.
Gay Hanson, Anna Sheppard.
Kitty Clyde, Lena Swain.
Mary Ellen Perry, Mrs. Harry
Norah, Anna DickersOn.
The time of playing is one hun
dred laughs-One a minute. Admis-
sion: Adults 25c; children 15c.
There will be a social after the
meeting, AS this is the last meeting
for the year, we would like as many
as possible to be present.
Milford chronicle., 1925-05-01
Milford Neck

Miss Mary Kirby is spending some
time with Mr.. and Mrs. Paris Kirby
and family.
Miss Katherine Max of Philadel-
phia has returned home after a Wis
it with one of her friends, Miss Ber-
nice Short.
Miss Anna Mae Bennett spent the
weekend with her sister, Mrs. Frank
Deputy.
Mr.. and Mrs. VIM. B. Lindale en-
tertained as their guests on Sunday
Mr.. and Mrs. Harry Lindale and son
Augustus, of Milford, Mr.. and Mrs.
VIM. L. Lindale and daughter, Dor
othy Frances of Lincoln City.
Miss Beatrice Kirby was the week
end guest of her school mates, Misses
Lydia and Elsie Davis.
Miss Mildred Galloway of FELTON,
spent the weekend with her par
ents, Mr.. and Mrs. Elias Galloway.
Miss Mary E. French, a student of
the Milford High School, was home
over the weekend with her par
ents, Mr.. and Mrs. Howard J.
French.
Miss Edith French of Milford spent
the weekend with Mr.. and Mrs
D. Clifton.
Mrs. Arthur Coverdale is on the
sick list at this writing.
Everybody is invited to Church
next Sunday.
Milford chronicle., 1925-05-01
''Iook here. Sam

Look here, Sam"
Prodded by a guilty conscience the
negro came jerldngly around.
II amt done nOthin'," he grinned
sheepishly.
"You better put that chicken back
where you found IT,"
cav, buddy" His expression was
amiable, showing his relief to find that
his accuser was merely wharf rat of
social station little higher than his own.
Jaw, buddyl This yuh chicken amt
no 'count-he's damaged"
To prove his point the roustabout
lifted a corner of his coat, revealing a
clutter Of motionless red feathers. His
joke was interrupted by the sharp call
Of strawboss; from every direction
went running toward lot
Of tobacco hogsheads which stood ready
to be rolled into an open gangway.
''Ah got a gal at FO'h an Main-
Boil, barrel, rolU"
began the exhortation of the chantey
man, and the first obese hogshead Of
chewing twist began its rumbling
Journey toward the hold.
Milford chronicle., 1925-05-01

Herbert H. Fisher and George A.
Terris, of Philadelphia, both for
merly of Lewes, spent the weekend
with friends and relatives here.
The Loyal Helpers of the LeWes
M. E. Church met last Friday even
ing at the home of Mrs. William L.
Burton in Pilottown.
Marshall & Conant's fish pound
made some good catches of trout
and sea crOkers during the past
week; also the deep sea fishermen
who make daily trips up the bay
made good catches of sea crOkers
during the week. The run of blue
fish hasn't yet begun; but they ex-
pect to make some catches of blues
in few days.
These ushers have been appointed
at the Lewes M. E. Church for the
month of May: Morning-Martin L.
Webb, John R. Warrington, Napoleon
B. Register, Walter e. WYATT even
ing-William H. OFT, Charles H.
Howard, Irwin B. Steele and Samuel
B. D. Marshall.
CULLEN has granted a marriage Ii
OO4oV " ISICy w. OCuul6T6T anu
May P. Arterbridge both of this town
Miss Ruth M. Biedeman, daughter
of Mr.. and Mrs. Oliver Biedeman
and John H. Webb, son of Mr.. and
Mrs. Charles H. Webb, all of Reho-
both Beach, were married at the M.
b. parsonage in RehObOth last week
by the Rev. N. C. Benson. They will
make their future home at Rehoboth
Beach.
S. w. Chalmers of Dayton, Ohio,
has been awarded the contract to
build the County bridge across the
canal at Rehoboth to replace the old
one which is now being used. He
has force of men at work on it al
ready. The location of the new
bridge is to be at the Charles E.
Marsh homestead and the Rehoboth
Packing COmpanys plant.
Herman Zerden, of Philadelphia,
spent the weekend with his parents
here, Mr.. and Mrs. Emanuel Zerden.
Miss Margaret c. Richards, who is
in Philadelphia, visited
her parents here over the weekend. |
Samuel c. Pierce who has. been on
a two weeks trip to Miami Beach,
Florida, has returned to his home |
here.
Contractor Ralph D. Poynter, of
Milford chronicle., 1925-05-01
Reynolds Hill
(Near Georgetown)

Our school is very busy, planning
for the Sussex County Annual Field
Meet that is to be held at Laurel on
Friday.
Miss Lillian Connell, Nora Good.
Margaret Miner, Ora Miner, Clara
Reynolds, William Good, Stanton
Hammond, Drexel Macklin, Stanley
Sauerhoff and Mr.. Schroeder spent
Sunday evening with Miss Margaret
Pase. She also had as her guests
her brother, Olen Pase and three
friends from West Virginia.
Miss Ethel Isaacs of near Cokes-
bury spent last Thursday evening
with Clara Reynolds.
Mr.. and Mrs. William Brumbley
and son Lester and Mr.. and Mrs.
triceLuther Pollitt and daughter,
Beatrice, spent Saturday evening
with Mr.. and Mrs. Albert Buslow.
The farmers in this vicinity are
very busy plowing and getting their
land ready to till.
Mr.. and Mrs. Clarence Savage
spent the weekend with their par
ents, Mr.. and Mrs. Robert Savage
and Mr.. and Mrs. Charles Wilson
here.
Mr.. and Mrs. Clarence Reminter
and son Roland spent Sunday with
Mr.. and Mrs. Robert Savage.
Mr.. and Mrs. Charles Parker
spent Sunday with the latter's sis
ter, Mrs. Elizabeth Barr.
Miss Grace Jester entertained a
Of her friends last Wednes-
day night with play party. Every
one reported a fine time.
D. M. Reynolds of Sewell, N. J.,
spent the weekend with her family
here.
Milford chronicle., 1925-05-01
Long Neck

Mr. and Mrs. E. G. Lingo and son
Clifford were visitors at the home OF
Mr.. and Mrs. Harry Martin and fam
lily of Milton on Sunday.
Mrs. Cleveland Griffin and daugh-
ters, Helen and Elva accompanied
by the formers mother, Mrs. Ros-
ina Hudson spent the weekend with
relatives in Selbyville.
Mr.. and Mrs. L. R. Lingo enter
tanned to supper on Sunday evening
Mr.. and Mrs. Fred C. Wilson and two
children, Wellington and baby Edna
also Mr.. and Mrs. W. Wilson and son
Wallace, all of Harrington.
Walter Culver of Cecilton, Md,
was a guest at the home of F. Par
son and family last weekend.
Mr. and Mrs. w. D. Steele and
family was with friends in Salisbury,
Md, on Sunday.
Robert Lingo and little daughter
Margaret of Milton were guests of
Mr.. and Mrs. Chas. Lingo on Sun
day.
Mr. and Mrs. George Warrington
recently entertained to dinner Mr..
and Mrs. Warrington Murray and
Mrs. Susie Murray of Philadelphia
and Mr. and Mrs. Greene of Reho-
both.
George Hazard accompanied by |
Mr.. and Mrs. Frank Parsons and |
daughter Edna spent Sunday even
ing with Mr. and Mrs. Roy Simpler
and family of Overlook.
Mrs. J. D. Warrington and son
Harb were guests at the home of
ler sister, Mrs. A. W. Hickman of
Iarbeson on Monday.
Mrs. George Nibblett and two chill
lren Beatrice and Charles returned
O their home in Wilmington on Sat
lrday after spending a few days
With her mother, Mrs. Amanda H.
IOore.
Miss Edna NJ Parson returned
ONE on Thursday. after spending
he winter months in Philadelphia
here she was employed.
Milford chronicle., 1925-05-01
Lewes News


Robert H. Orr, retired paymaster
OF the U. S. Navy and family who
have been spending the winter
months in California, have returned
to their cottage here on Lewes
Beach
Henry S. Young and family, of
Wilmington, spent the weekend at
their cottage on Lewes Beach.
Arthur w. Marshall, Jr., son of
Mr.. and Mrs. Arthur w. Marshall, a
young pilot on the Bay and River
Delaware, and Miss Catherine Leav-
erton, daughter of Joseph S. Leaver-
ton, of LeWes, were married Thurs
day, April 18th, 1925, at the home of
the grOoms parents. After a short
honeymoon they returned to the
home on South street, where they
will reside.
Fire of unknown origin, but be-
lieVed to have been caused by
defective flue, destroyed the farm
house of Edgar L. Warrington near
RehOboth Bay, which was tenanted
by John and Alfred Collins. They
lost most of the household effects.
The roof was enveloped in flames
before the occupants of the house
knew that it was on fire.
The fire whistel sounded here on
Saturday night about midnight for
an out of town fire. In very few
minutes the local firemen were in
readiness, and on their way to the
farm of Mrs. Richard P. Morris, near
Midway, which is tenanted by John
o. Green, Jr. The garage was on
fire and it was completely destroy
edfi fortunately none of the other
were damaged.
Mr.. and Mrs. Carlton ]. Tracy are
receiving congratulations upon the
arrival of fine baby girl.
Pilot Frank Maull and wife, who
have been spending the winter
months in Philadelphia, have return
ed to their home here in PilottoWn.
Register of Wills Isaac E. Jones
has granted letters of administra-
ion on the estate of Thressa H.
Hurdle to John A. Hurdle.
Pilot John w. Joseph and family
who have been spending the winter
months in Philadelphia have re-
urned to their home for the sum-
ner months.
Milford chronicle., 1925-05-01

All you have to do to make a hit
with a mother is to say, isn't he
cute!"
Milford chronicle., 1925-05-01
Careys

Everybody is looking forward tt
the field day May 1st.
Mr.. and Mrs. Arthur Hall, Mr.
and Mrs. Lloyd Rogers and son and
Mr.. and Mrs. Clarence Wilkins spent
Sunday with Mr.. and Mrs. Harley
Mitchell.
Mr.. and Mrs. R. E. Wilkins and
family visited Mrs. Sallie Hearn on
Sunday.
Roy Jones and Bonard Layton
visited Edgar and Larrie Timmons
Saturday and Sunday.
Mr.. and Mrs. Isaac Pusey and
family and Mr.. and Mrs. John Brit
tingham visited J. J. Brittingham on
Sunday evening.
Mr.. and Mrs. Goldsbury Revel Wis
tied VIM. T. Jones and family on
Sunday.
Mr.. and Mrs. Jonathan Timmons
and Mr.. and Mrs. Walter Timmons
of Salisbury visited Mr.. and Mrs.
VIM. TimmOns and family on Sun
day.
Miss Ida Layton spent Saturday
and Sunday with Misses Myrtle and
Anna Mears.
Herman Brittingham has pur-
chased new Ford roadster.
There will be an entertainment
and handkerchief social at Phillips
School Thursday night, May 7th. Ev-
cry girl is requested to bring a
handkerchief.
Services Sunday: Sunday school
1870. Preaching 2:30.
All you have to do to make a hit |
With a mother is to say, isn't he
ute!"
Milford chronicle., 1925-05-01

Rehoboth Beach, has force of men
at work on the new Masonic Temple
pouring concrete.
Both the local fishing plants have
number of men employed now get
ting their plants in readiness for the
coming season, and if the weather
continues warm, no doubt the sea-
son will open much earlier this
year than usual.
Milford chronicle., 1925-05-01
CHAPTER 21

"All aboard for New Rockefeller
Admah jumped from his seat on the
crates and turned to see a remarkable
young man looking down at him with q
grin that exuded cigarette smoke. He
was weedily tall. He wore his suit with
all the forlorn elegance of a fallen
theatrical favorite; it was a plaid suit,
sausage-tight on the extreme mode OF
the day; there were ragged places at the
pockets and a large grease spot or the
left knee. His waistcoat, marvell0usly
stained, was petunia cOlOred, cut very
high as If to conceal the dirty shirt fraI
which dirty collar sprang into view,
Above this the young face was kessi.
good natured, worldly and bristlinE
with two days growth Of beard.
lon your way, huh2" asked tba
stranger in an accent which was ur.
deniably Yankee.
Il was just watchin' the boats" said
Admah, himself too shreWd to be caught
in an admission.
Sure" The sudden interloper
settled himself easily on the chicken
crates. One of his prominent brown
eyes winked, as knowingly as Mephis-
to's might have winked at Faust, havA
ing read the poor fellows desperate
thoughts.
"Sure,' persisted Red Vest. "T
guess I'll watch the boats too"
He inhaled smoke deep into his mar
row chest, then brought out tighs
little box of cigarettes and offered one
to Admah.
II don't smoke, said the Holtz boy,
which was not strictly true. Then he>
thought better of his denial and took
one. His persistent acquaintance Of
fered an unexpected comfort in a world
which he had begun to think of as all
against him. They smoked in silenct
for time watching the tobacco hog
heads as they numbered into the hold to
the chantey mans rich exhortatiou.
Roll, barrel, roUT'
"YOu amt from these parts?" sug-
gested Admah, seeing that his new
found friend had become as uncom-
as himself.
''This hick town. Don't make me
laugh. My lips cracked"
"Oh, this town amt so bad"
"I'm wise to that line o. talk" ex-
planned the weedy young man. "You
oVe your home town, don't think.
That's why you're sittin' on the old
evee, thinlin' about ride on the Coon
Special"
1.-THE which," Here was new dia-
ect in Admah's experience. But Red
Vest merely jerked his thumb toward
he open gangway through which hogs
reads rolled interminably. How well
he stranger had read his tempted
houghtsl
Look here, kidP Red Vest sat
lursing one knee and studied Admah
,eenly. whats the signature YOU
'ut on your checks nowadays?"
my name, you mean?"
"YOu guessed it first crackl"
"Why-Holtz. Admah Holtz."
"On the level?" The stranger had
ldled away as if for a better view
hen suddenly he thrust out one of hss
ing, dirty hands and asked in plead
lg tone, "Will you shake thar,
rother2"
Astonished Admah pump-handleH
bligingly. What was this all aboutY
(To BE CoNTINUED)
Evening star., 1925-05-03
WOOL SALES CANCELLED.

ADELAIDE, Australia. May p
The wool sales fixed for May 8 have
been Cancelled owing to the easier and
unsettled state Of the market.
Evening star., 1925-05-03
Detailed Statistics of Local Banks
Place Resources at S285,533,O 900

of AT T
Evening star., 1925-05-03
BONDS HOLD STEADY.
Saturday Trading Falls Off Amid
Strong Prices.

NEW YORK, May 2.-The normal
Saturday contraction of business in
the bond market today slowed up the
forward movement of prices, but trad
ing was stftl marked by an uudercur-
rent of strength.
Tho favorable reception accorded to
ihc Delaware and Hudson's offer to
lease the Buffalo, Rochester and Pitts
bur-h Railway was followed by Il
furfher lpin-up in the latters bonds,
which scored d net gain of l y points.
Ann Arbor Is and Kansas City, Fort
Scott and Memphis As moved up a
point each. Seaboard, Denver and Rio
Grande and Chicago and Terre Haute
issues continued to forge ahead.
Public utility bonds were In good de-
maud, with Standard Gas 612s S ad-
NanCing points. but trading in in
dustrial liens was CONSTRUCTED to few
special issues, with no definite price
trend developing.
Jn~ed States Treasury As achieved
Il record high price in the early trad
ing, but later eased off with the rest
OF the Government list.
Evening star., 1925-05-03
RY i. 4. FLEMING.


a statement Of the condition Of the
banks Of Washington appearing mere
with, national, savings and trust com
panies, in groups and in the aggre-
gate as 10 each and every item com
piled in response TO the call or the
controller of the currency, as OF
April 6. 1925, contains many interest
ing facts.
Like statements have appeared from
time TO time in years past, but no
such publication has been made IN the
columns of the financial press for
many years.
With each periodical call by the
controller, publicity is given to the
deposits OF the local institutions. but
even these statements are not the Of
fetal adjusted figures as presented TO
the controller.
On October s. the actual deposits of
local banks totaled S232 ,96s,oO0' and
were given in unofficial reports as
1892 $4,000.
Actual Book Value.
The actual book value Of the stock
of the banks Of the city is shown by
the report herewith to be SlS5.42 per
each 800. of capital.
Another interesting item is found
in the showing of S25.177, 900 aggre-
gate capital of all banks and total de-
posits of S232. 1858 900, the capital in
vested being further strengthened by
surplus of 1915, 900 and undivided
profits of s6,083.00O. John Skelton
Williams. when controller of the cur
rency, insisted on one bank in this
city increasing its capital to one-tenth
of its deposits, the latter then being
close to $4,000, 900. The aggregate
capital of today bears better than that
ratio.
35,745 900 i'm Equipment.
The value of all the bank buildings
and appurtenances owned by banks
is given at s35,754, 900. most Of the in
| stitutions owning their own homes.
National banks. under the law. carry
their reserves, 10 per cent on demand
deposits and 8 per cent on time, with
the Federal Reserve bank of which
they are members. A grand total of
| sS,443, 600 is thus held in reserve for
the credit Of national banks. Upon
| this large sum the banks do not re
ceiye one cent Of interest, while trust
companies and savings banks gener-
ally carry their reserves with other
banks and receive a minimum Of 2
per cent thereon. The reserve mil
lions, with an additional 6 per cent
Evening star., 1925-05-03

paid in on the capital and surplus Of
national banks for stock in the re-
serve banks. furnish the resources
upon which the reserve banks depend
to produce their income.
Evening star., 1925-05-03
BOND SUMMARY FOR THE WEEK

Low High Low Low La
Evening star., 1925-05-03
RAIL EARNINGS IMPROVE.

NEW YORK, May 2.-Freight traf-
fic on the Chicago, Milwaukee and St
PAU in April showed improvement
over the same month last year. 162, ,9SS
kreNenue cars having been handled
against 111, 49, year ago. Rock Is
land loading also gained, l35,005 cars
for the month comparing with 1858
- April last year.
Evening star., 1925-05-03
SHINCTON BANK FIGURES
REVEAL INTERESTING FACTS
Value of Building Placed at S35, 754, ,OOO
Other Items.

paid in on the capital and surplus OF
national banks for stock in the re-
serve banks. furnish the resources
upon which the reserve banks depend
TO produce their income.
Much Cash Now Inactive.
The item Of cash in vault and due
from banks and bankers indicates
very plainly the difficulty that is be-
ing encountered at this time in keep
ing bank cash employed, practically
s20S SO, 900 being now available, plus
the legal reserve, which is not loan
able. on this large sum of money
the local banks are only receiving a
mOdicum Of interest.
Capital stock holdings of national
banks in the Federal Reserve Bank
of Richmond. are probably included
in the item other bonds, stocks, Sc
Curities. etc" The exact amount is
S90S, 400.
Banks Concealed Assets.
One often hears reference made to
concealed assets in banks. Ere
quently the actual value of the stock
of a hank will be materially in excess
of the book value. Banks never list
good will as an asset. but going IN
stitution. with large deposits, has
large value due to good will and pat
ronage: a bank is supposed 10 be
able to liquidate more or less quickly
at book value, although real estate Is
not always a liquid asset.
Frequently bank may have large
profits in it's investment account, for
banks. in times of easy money, must
find investments other than in loans.
Local banks have $35. 900 in securi-
ties now, and they frequently have a
fine profit on the original cost.
Banks are not expected to carry
their real estate and buildings at full
value and most of them have large
concealed assets therein.
1t would be a hard matter to place
correct valuation on the homes of
the National Savings and Trust Co.,
the American Security & Trust Co.
with all of it's branches; the National
Metropolitan Bank, Riggs National or
any other institution in the business
center.
In case of actual necessity the con-
troller of the currency would prob
ably allow a bank to place a large
part of these concealed assets to
surplus or capital account. More
over, there are many other asset
items that would stand material in
creases in carrying valuation.