Evening star., 1939-12-04
s37,ooO,ooo
$4,000, 1000
24O,00O,00O
Total for area 1,124,ooo s1,oo1 900 900
Total for area 1000 s28,100,000
Average District Loan S1,O42.

In the District the average num-
Der of new loans per bank was 2,007
and the average amount OF each
new loan was $1,042. The average
number of renewals per bank was
2,469 and the average size of each
renewed loan was 1923. The aver
age number of new mortgage loans
per bank was 50 and the average
amount of each mortgage was
$5.113.
In Maryland the average number
Of new loans per bank was 315 and
the average loan was for S1,809
The average number of renewals per
bank was 1.071 and the average re-
newal was for $1,145. The average
number of new mortgages per bank
was II and the average mortgage
was for S3,777.
Virginia banks made an average
of 8l2 new loans per bank for an
average amount of 1924, renewed
an average of 1856 per bank for
an average of $877, and made an
average of 25 new mortgage loans
per bank for an average of $1,930
per mortgage.
Seven District banks, II in Mary
land and 16 in Virginia reported
they maintain open lines of credit"
available to regular business hor-
rowers at all times. Less than
third of the total of this credit in
the area was in use on June 30
nietriot of ro1,,p,o;o ho,,Le y,,ai,
tained $17.189 900, reported s5,3l3,-
lat in use, or 80 per cent. Mary
land banks reported S53,3O6, $50
available, 4,720,438 in use, q per
cent; Virginia, 2,l67 ,681, with ST.
452,472 in use, or 80 per cent.
Commercial banks in New York
State made more than 100000 new
loans totaling in excess of S4,5O0,000,-
600 to business firms and individuals
during the first six months of 1889
and renewed more than 100000
outstanding loans amounting to
more than 81 500 100000 in the same
period.
Kayser on Banking Panel.
DR.. Elmer L. Kayser. dean at
George Washington University and
lecturer on current events. has been
added to the panel of Capital bank
ers who will conduct the question
period following the address by
William R.. Castle before the Ameri-
can Institute of Banking, tomorrow
evening at the Willard Hotel. Each
member of the panel will be allowed
to ask the speaker one question
The attendance is expected to pass
the 200 mark. The other members
of the panel are Ord Preston, George
o. Vass, F. P. H. Siddons, Charles
H. Doing and William B. Willard.
The forum starts at o'clock and
will be followed by refreshments.
Riggs Branch Manager Dies.
The sudden death of Bernard I.
Boudren, manager of the Seventh
Street Branch of the Riggs National
Bank. caused wide regret in flnan-
cial circles today. He was At years
old and had been manager of the
branch for 18 years. He had been
In the banking business about Is
years and made an extra fine record.
A brother, Vincent T. Boudren, is
in charge of the new accounts de-
partment at the Security Savings
& Commercial at Ninth and G
streets NV.
Heard in Financial District.
Roland T. Carr of the credit de-
partment of the Riggs National
Bank, was back at his desk today
after trip to Guatemala and sur
rounding territory. He joined
touring party which sailed from New
York.
Real estate bond prices in several
Eastern cities made an average in
crease of 1.9 per cent in November,
according to the Amott-Baker price
averages. The gain followed an up
turn of 1.6 per cent in October.
The Washington Office of the Rail-
way Express Agency reported today
that Nationwide September air
express marked up an 18 per cent
increase in shipments and II per
cent gain in gross revenues over the
same month in 1898.
United Air Lines flew an estimated
total of 12,1O0,3OO revenue passen-
ger miles in the month of November
over its New York Chicago, Pacific
Coast system, a gain of IS per cent
over November, 1888, it was an
nounced by company officials today.
In November, last year, United flew
S,943,359 revenue passenger miles.
Today's Trading on Exchange.
Capital Traction SIS were again IN
good demand on the Washington
stock Exchange today. Five $1,000
transfers and one $500 bond sold at