Evening star., 1940-03-28
Total -- s373,O66, ,721.39
Other Calls Also Issued.


Similar condition reports were
asked by the Federal Reserve Board
of its State member banks, bring
ing the total number of banks af-
fected by the call to 6,4OO, of which
5000 are National banks and 1900
State banks belonging to the Fed
eral Reserve system.
Other State banks were not asked
to report, since the Federal Deposit
Insurance Corp. issues condition
calls only twice a year The other
agencies issue them three or four
times year.
Policies Average S2,418.
Life insurance policies written in
Washington in 1899 averaged $2,418
a figure higher than that in any o.
the 40 States, according to informa-
ton received today from the Life In
surance Sales Research Bureau at
Hartford. The report is based on
ordinary insurance exclusive of
group.
The average Washington policy
was we'll above the national aver
age, which is given as 1854. Policies
written in Maryland last year aver
aged S2,1l9 in Virginia S2,263 and in
West Virginia 5000 North Caro-
1ina's average policy was s2,16l and
South Carolinas s1,8O2
Washington also ranked higher
than any of the States, except Della
ware, in the average size of policies
in force on December 81, 1899 The
average here stood S2,598. while the
average for the whole United States
was S2,l41. Delaware's was S2,993.
Maryland policies in force at the end
of 1889 averaged $2375, Virginia's
$2,286 and West Virginias $2279, all
the figures being based on returns
from 68 leading companies which do
about 80 per cent of the Nations
business.
Today's high records for the Capital
follow the report made few days
ago showing that per capita insur-
ance in force in Washington during
the year 1889 was $1,063, a higher
figure than in any of the States and
above the national figure of S599 per
capita. according to the Hartford
report.
Mortgage Money Plentiful.
The National Association of Real
Estate Boards reports that Az per
cent has become the most frequent
interest rate for first mortgages on
new moderately priced homes in 10
per cent of the cities of the country,
according to reports from 261 cities.
The number reporting per cent,
says the Guaranty Trust Co., as most
prevalent has increased sharply dur
ing the past year, while the number
in which per cent IS commonest has
declined. Rates on rea. estate mort
cages are found to be still declining
in Al per cent of the cities, while
rates are steady in Sc per cent and
rising in only per cent.
The supply of mortgage money is
reported to be the most generally
plentiful for any period in the II
years covered by the surveys.
Reserve Bank Rated Biggest.
With deposits at new year end
high of S6,76O, ,861 600, the Federal
Reserve Bank of New York is the
largest bank in the English-speaking
world, according to the fourteenth
edition of the Deposit Liabilities of
One Hundred and Fifty of the
Largest American, Colonial and Do
minion Banks, brochure just re-
leased by California Bank, Los
Angeles.
The Chase National. New York
with deposits Of S2803, 1908 is
second, followed by the National City
Bank of New York with deposits of
$2,331, ,257 ,944, the Guaranty Trust
Co. of New York with deposits of
$2,088, ,427 ,346, and Midland Bank,
Ltd, of London with deposits of ST.
965 5,854,O34.
Bank Declares Dividends.
Directors of the Prince Georges
Bank & Trust Co. have declared
the regular per cent dividend due
at this time and an extra per
cent dividend. Both dividends are
payable April l to stock of record
March 25.
On the Washington Stock EX-
change today, 1876 shares of Capital
Transit stock sold at Is, unchanged
from other recent transfers.