Evening star., 1927-08-28
"CONCEALED ASSETS A FACTOR
IN ESTIMATING BANK PROFITS
Reserves Acquired in Years of Business
Not Counted in Published Statements.
Increase Value of Stock.
100000. 1t has deposits of $11, 1874 900
and is quoted at $515. bid.

100000. 1t has deposits of $11,334. .000
and is quoted at $515. bid.
Stock in the uptown savings bank
the United States Savings. Is quoted
at $500 a share. bid. There is rea.
son for 1t as the bank pays 80 per
cent annual dividends. It's capital is
but 100000 and it has accumulated
a like surplus and $3.50 undivided
profits. It liz located at Fourteenth
and u streets northwest. values its
building at SIS 1000 and has deposits
of $2.341 ,221. The stock is held very
closely by Wade Fl. Cooper, president.
and other officers.
The Washington Loan & Trust Co.
has $1.000,000 capital. a surplus OF
81 900, 900 and undivided profits of
$293,1 ,109. It's large banking house is
valued at $1,003045. 1t has 1886, ,7O5
Government bonds and $l,S52 .O3s
other bonds and securities. 1t is
Of Sl6.133,0 900.
Old Banks Good Record.
National Metropolitan Bank has a
capital of 100000, surplus of $540.000
and undivided profits of $491 900. It
carries $1,013,000 Government secur,.
ties and has $17 .6S7 900 deposits. The
building Is carried at $S1S.1S0. 1t is
quoted at 420 bid and 440 asked.
Federal-American Bank has cap
ital of 81 100000. surplus of S650,0OO
and undivided profits of $137,21S. 1t
has $1,942. .42S Government securities,
81, ,O64, $50 in other bonds. 1t has de.
posits of $13,030.931. carries it's bank.
ing house at $81S.1S0 and is quoted at
AS bid.
The Commercial National Bank has
a capital of 81 200. 900, surplus of $400.-
600 and undivided profits Of $1Sl ,227.14.
II holds 81 900. 900 Government bonds
and has deposits of SIS. .164, 160.04. 1t is
quoted at 261 bid and 270 asked. Bank
ing house. $1.6S1.946.
Others With Heavy Assets.
All the trust companies referred to
have very heavy assets that do not
show in their periodical reports and
running in some instances into high
values. We refer to the estates in
liuuidation, some of which have been
carried on for years and with large
resultant value to the trust company
The banks referred to above as lead
ers in the recent Improvement are by
no means the only strong shares.
They are all developing beautifully
and their shares are gaining. not quite
as fast as the others. perhaps. but all
with a stride that promises to mark
them up quite sharply. All practi-
cally without exception carry large
blocks Of Government securities and
many of them other securities.
The District National and Lincoln.
with the Liberty. Second National and
Bank of Washington. show sharp
price gains.
In the savings bank section the Se'
curity Savings and Commercial is a
leader. and the Bank of Commerce
and Savings is showing up we'll.
Shares in the Anacostia Bank are
quoted at 300 bid.
Other banks and trust companies
are all attracting investors to their
shares. with the chances for the re-
vival to go much further.
Compliment to Our Bankers.
It is great compliment to our
bankers to note their fame for wise
banking, for tact in making paying
Investments and wisdom In managing
their institutions. Their reputation
for working in close personal har.
mony. for cooperation. one for all,
and their harmonious annual conven.
tions has gained much favorable
publicity.