TVnittmprria

financial

rontcl?'Oi

%r,

BANK AND QUOTATIONSECTION

PAGES 2231 TO 2298 INCLUSIVE.

INDEX TO THIS SECTION.PAGE.

INDEX TG ADVERTISEMENTS 2253

REVIEW OF MAY 2253NEW YORK STOCK EXCHANGE—Record of Bond Sales and Prices. . . 2255Record op Stock Sales and Prices . . 2264

GENERAL RAILROAD QUOTATIONS—Railroad Bonds 22G7Railroad Stocks 2272

STREET RAILWAY PRICES—Street Railway Bonds 2273Street Railway Stocks 2275

STATE AND MUNICIPAL BONDS 2281FOREIGN GOVERNMENT BONDS 2281BANKS AND TRUST COMPANIES ... 2286

PAGE.

COAL, IRON & STEEL STOCKS 2277DO DO BONDS 2276

ELECTRIC, GAS & POWER STOCKS. .2277DO DO BONDS... 2276

EXCHANGE SEATS 2278INSURANCE STOCKS 2278MARINE INSURANCE SCRIP 2278MANUFACTG, Northern & Southern . 2278MINING STOCKS 2279REAL ESTATETRUST&LAND ST'CKS . 2279TELEGRAPH & TELEPHONE ST'CKS. 2279

DO DO BONDS. 2276TITLE GUAR. & SAFE DEP. STOCKS. .2279WATER BONDS 2277MISCELLANEOUS STOCKS 2279

DO BONDS 2277

We have no extra copies of this Section.

J-Lxxxe 4, 1904.

WILLIAM B. DANA COMPANY, PUBLISHERS,PINE STREET, corner PEARL STREET, NEW YORK.

Eunered according to Act of Congress in the year I WO . by William B. Dana Company, in Office of Librarian of Congress, Washington, D. C

AUGUST BELMONT & CO.,BANKERS,

No. 23 NASSAU STREET, NEW YORK.

AGENTS AND CORRESPONDENTS OF THE

Messrs. ROTHSCHILD,LONDON, PARIS AND VIENNA.

Issue Letters of Credit for Travelers, available in all

parts of the world.

Draw Bills of Exchange and make Telegraphic Transfers to EUROPE,Cuba,,

the other West Indies,

Mexico and California.

Execute Orders for the Purchase and Sale of Investment Securities,

LEE, HIGGINSON & CO.Boston, Mass*

INVESTMENT SECURITIES.

FOREIGN EXCHANGEDRAWN ON

Messrs. N. M. ROTHSCHILD & SONS,AND

Messrs. COUTTS & COMPANY,LONDON;

Messrs. MORGAN, HARJES & COMPANY,PARIS;

Messrs. M. M. WARBURG & COMPANY,HAMBURG.

Travelers* Letters of Credit Members of New York, Boston andavailable in all parts OF the WORLD. Chicago Stock Exchanges.

2133

THE MUTUAL LIFE

Insurance Company of New York,

RICHARD A. McCURDY, President,

Is the Largest Insurance Company in the World.

Abstract of Statement December 31, 1903.

Income for Year 1903 ----- $77>333>7i2 76Paid to Policy-holders - - - „ - - - 32,727,780 01

Legal Reserves, etc. - 339,826,818 00

Guarantee & Dividend Funds - 61,994,843 66Assets -------- 401,821,661 66insurance in Force ------ 1,445,228,681 00"Increase of Insurance ----- 104,480,022 00Annuities in Force - - 2,449,631 81

Increase of Annuities ------ 286,228 50* Insurance written, but not yet paid for, excluded,

EOBEET A. GEANNISS)t Vice-Presidents

WALTEE E. GILLETTE)

EOBEET H. McCUEDY General Manager

ISAAC P. LLOYD 2d Vice-Preriden*JOmr A. EOXDA .... ..... ... 3d Vice-PresidentFEEDEEIC CEOMWELL .... Treasure?EMOEY McCLDTTOCK ... ActuaryWILLIAM J. EASTOX )}••..*•••••. - SecretariesGEAOTILLE M. WHITE >

2234

Hew Jgorfe Cits.

Chemical National Bank.Statement at close of business Mar. 28, 1904.

4NITI,Loans and discounts «2i,948,»34 4

6

United 8tates bonds 50,000 00

Other bonds and stocks 1,946,50998

Banking-house and real estate 49*. 981 48

Do* from banks », 343. 631 97Bichanrsa for Clearing house, etc 3,755.773 43

Casn on hand, tIi.—Specie »5.650, 670 15

Laral tender notes 1,731,514007,381,184 15

$36,919,315 47

LIABILITIES.Capital stock $300,000 00

Sarplnsfand 6,000,000 00

Undlridsd profits 1,595,088 37Stat* bank notes outstanding 10,849 00

Deposits, tIi :

—

Iodivid'als, firms ft corporations.$31,485, 348 07

Banks, bankers * trust compa's. 7,528,030 13ag.o'3.378 ao

$36,919,316 47OFFICERS:

WM. H. PORTHH, President.FRANCIS HALPIN, Cashier.

J AS. L. PARSON, Asst. CashierJOS. B. MARTINDALB, Asst. Cashier.

ORIGINAL CHARTER 1829

THEGALLATI

NATIONAL BANKOF THE CITY OF NEW YORK

Statement at close of business Mar. 28, 1904.

RESOURCES.Loans and discounts $5,498,869 06U. S. Bonds 1,074,000 00Other stocks and bonds 1,376,794 76Banking house 500,000 00Due from banks 156,154 93

Exchanges for Clearing House $2,563,095 21Cash 1,506,360 37 4,068,455 48

$12,674,274 23LIABILITIES.

Capital $1,000,000 oeSurplus and profits 3,333,866 44Circulation outstanding 984,897 50Deposits 8,465,510 19

$12,674,274 23

OFFICERS:SAMDEL WOOLVBRTON, Pres. ALEXANDRE H.STBTBN8, Yloe-Pres.GEO. B. LEWI8, Cashier. H. T. MANSON. Asst. Cashier.

DIRECTORS:ADRIAN I8ELIN JR.. HENRY I. BARBRT,THOMAS DHNNY, W. EMLEN R008BYBLT,FREDERIC W. STEVENS, CHARLES A. PBABODY,ALEXANDER H. STEVENS, 8AMDBL WOOLVBRTON.

The Hanover National Bank

P. O. Box 2500.

OF THE CITY OF NEW YORKCorner Nassau and Pine Streets.

ESTABLISHED 1851.

STATEMENT OF CONDITION MARCH 28, 1904.

RESOURCES.LOANS AND DISCOUNTS $43,669,51666UNITED STATES BONDS 6,933,301 99STOCKS, SECURITIES, ETC 1,433,989 »oBANKING HOUSE AND REAL ESTATE 5,036,437 95CASH AND OTHER ITEMS 31,773,603 53

$87,836,849 33

LIABILITIES.CAPITAL STOCK PAID IN $3,000,000 00SURPLUS 5,500,000 00UNDIVIDED PROFITS 960,339 87NAT'L BANK NOTES OUTSTANDING. 350,0000*DEPOSITS 75,566,619 46UNITED STATES BOND ACCOUNT 3,560,000 00

$87,836,849 33

OFFICERSJAS. T. WOODWARD, President.

JAS. M. DONALD, Vlce-Pieoident.WM. HALLS Jr., Vice-President.

WM. WOODWARD, Vice-President.

ELMER E. WHITTAKER, Cashier.WM. I. LIQHTHIPE, Ass't Cashier.

HENRY R. CARSE, Asst Cashier.ALEXANDER D. CAMBBLL, Asst. Caahier.

THE

Seaboard National BankOf the City of New York.

Capital, ----.. $500,000Surplus and Profits (earned) 1,400,000

S. G. BAYNE, -S. G. NELSON, -C. C. THOMPSON, -W. K. CLEVERLEY,J. H. DAVIS,

PresidentVice-President

- Cashiertant Cashier

Assistant Cashier

Accounts of out-of-town Banks Especially Solicited.

CORRESPONDENCE INVITED.

1*ew Jflorft Cits.

THEIRVING NATIONAL

BANK.IRVINO BUILDING.

CHAMBERS AND HUDSON STS.

Capital, Surplus and Profits,$2,000,000.

O P P I C E R S:CHARLES H. PANCHER, President.

CHARLES. P. MATTLAQB, Vice-Pres.SAMUEL S. CONOVER, Vlce-Pres.

BENJ. P. WERNER, Cashier.

Mercantile and personal accounts handledwith dispatch and upon mutually

satisfactory terms.

2235

THE BANK OF NEW YORK,NATIONAL BANKING ASSOCIATION

48 Wall Street.

Established 1784.

Chartered as National Bank 1865.

Capital, $2,000,000. Surplus, $2,536,000.

OFFICERS:HERBERT l_. GRIGGS, President.

JOHN L. RIKER, V'CE-Pres. GEORGE P. HALL, ASST. Cash.CHARLES OLNEY, Cashier. JOSEPH ANDREWS.Asst.Cash.

Commercial and Corporation Accounts Invited.Attention of Officers ttlren to Individual Requirements

of Each Depositor.

JBostoru flDass.

AMERICAN LOAN

2236Established 1853.

The Oriental BankOF NEW YORK.

182 * 184 BROADWAY.Branch: Bowery and Grand Street.

Capital, - - - $750,00000

Surplus and Profits, - $1,040,000 00

R. W. JONK9 JR., President.NELSON O. AYEB8, First Vice-President.LUDWIG NI88BN, )K KS K INE II KWITT, > Vice-Presidents.(HAS. J. DAY. )OBO. W. ADAMS, Cashier.KIC1IARD B. ESTERBROOK. Aest. Cashier.

DIRECTORSWULflON O. AYRE8, Vice-President. . . .

CHAKLKH K BEEKMAN, Phllbln, Beekmsn A Menken. Attorney!.SAMUEL BETTLE, Chair. A dTlBory Fr'Rht Committee,

International Mercantile Marine Steaaishlp Co

UGENE BRITTON, Vice I 'rest. Nat. City Bk.. Brooklyn.Tress. Broadway SrvIdrs Institution.

STEPHEN R, II A1.9K\, Capitalist. .**.««ER9KINE HEWITT. Manufacturer, with Cooper Hewitt * Co.

R. W.JONES JR.. President.HCGH KELLY, Merchant, 71 Wall Street.

RICHARD B. KELLY, Vice-President Fifth National Bank.CHARLES E. LEVY, Cotton Mer., 30 Broad St., of M. Levy A Sons,

New Orleans, La.ALEXANDER MCDONALD, Capitalist.

WILLIAM McCARKOLL, Vlce-Prest. American Leather Co.LCDWIG NI98EN, Importer of Diamonds. _

ANDREW W. PRESTON. Prest. United Fruit Co_, Boston A New York.JOHN C. WHITNEY. Aadltor New York Life Ins. Co.

W, D PUTNEY. LawTer, 170 Broadway.I8ADORE HERNSHEIM, Capitalist.

TOUR ACCOUNT IS RESPECTFULLY SOLICITED.

MERCHANTS'NATIONALBANK

OF THE CITY OF NEW YORK,

42 AVall Street.Capital, $2,000,000.

Surplus and Profits, $1,400,000.

FOUNDED, 1803.

OFFICERS

:

Robert M. Oallaway, President.Rlbert A. Brinckerhotr, Vice-President.Samuel S. Campbell, Cashier.Albert S. Cox, Assistant Cashier.

DIRECTORS

:

John A. Stewart,

Elbert A. BrlnckerhoffCbas. Stewart Smith,Onstav H. Schwab,Donald MackayRobert M. OallawayCharles D. Dickey,George Sherman,Edward Holbrook,Oris K. Eldredge,JosephW. Harriman,

Chairman of Board,U. S. Trust Co..Capitalist.Merchant.Oelrlchs & Co.Vermilye & Co.President.Brown Bros. & Co.V.-P. Central Trust Co,Pres. Oorbam Mir. Co.Eldredge, Lewis & Co.Harriman & Co.

THE NATIONAL CITY BANK OF NEW YORK.Report of Condition at Close of Business March 28, 1904.

RESOURCES.LOANS AND DISCOUNTS $126,985,330 60U. 8. BONDS AND PREMIUMS 18,469,484 28OTHER BONDS TO SECURE U.S. DEPOSITS 3,682,000 00BONDS, SECURITIES, ETC 14,821,897 24BANKING-HOUSE, FURNITURE AND FIXTURES. 200,000 00GOLD AND LEGAL TENDERS $47,824,118 00OTHER CASH ITEMS 26,864,006 78

74,678,124 78

TOTAL. .$243,836,836 80

LIABILITIES.CAPITAL STOCK $26,000,000 00SURPLUS AND UNDIVIDED PROFITS (NET) 17,676,926 79DIVIDENDS UNPAID 610 00NATIONAL BANK NOTES OUTSTANDING 1,600,000 00DEPOSITS 188,639.400 01

U. S. BOND ACCOUNT 4,389,000 00SAFETY BOND ACCOUNT 6,632,000 00

TOTAL $243,836,836 80

OFFICERS:JAMES STILLMAN, President.

SAMUEL SLOAN, Vice-President.A. G. LOOMIS, Vice-President.G. S. WHITSON, Vice-President.F. A. VANDERLIP, Vice-President.Wm. A. SIMONSON, Vice President.JOHN E. GARDIN, Manager Foreign Exch. Dept.

HORACE M. KILBORN, Cashier.W. H. TAPPAN, Assistant Cashier.A. KAVANAGH, ASSISTANT CASHIER.J. A. STILLMAN, Assistant Cashier.S. E. ALBECK, Assistant Cashier.

Blbans, 1R. 10,

THE NATIONAL GOMMERGIAL BANK

OF ALBANY.

Statement at the close of business Mar. 28, 1904.

RESO URCES.Loans and discounts $6,751,291 57U. S. and other bonds 1,782,165 43Real estate 401,647 23Cash and reserve in banks 2,380,445 29Due from other banks 2,043,105 11

$13,368,664 63LIABILITIES

Capital stock 500,000 00Surplus and profits 1,151,446 50Circulation 396,150 00Deposits ii, 311,058 13

S13.368.664 63OFFICERS:

ROBBRTC. PRUTH, President. EDWARD J. I1U88EY, Cashier.•RANQKHAKI). Vice-President, 111 OH N. KIRKLANI). AbbU Cashier.CHARLB8U. 8A1IIN. Vloe- President. \V. W. UATC1IELDEK, Auditor.

DB8I0NATBD DBP0817AHY OF TUB OmTBD 87ATBH.8TATB OF NEW YORK AND CITY OF ALBANY.

I terns on nil New York Stair and New England points handleddirect.

Buffalo, 1R. ]£.

The Marine National BankOF BUFFALO.

CHART«Rar> A 8 A STATU BANK AUGUST 1, 1850.On AKTiHin as a National Bank April 1, 1902.

Statement of condition Mar. 28, 1904,

RESOURCES.Time loans $6,067,944 53Call loans 3,369,703 »8

Cash on hand and with banks 3,357,76a giU. S. Government and other bonds 2,049,237 57Banking house and lot • 250,000 00

Total $16,094.648 19

LIABILITIES.Capital stock $230,000 OSSurplus and undivided profits 1,862,948 20Circulation 50,000 OS

Deposits 1 2 ,9 5 1,6 99 99

Total J16.094.648 19

OFFICERS

:

STEPHEN M. CLEMENT. President. JOHN H. LA8CELLE8. Cashier.JOHN J. ALBRIGHT. Vioe-Presldent. HENRT J. ACER, Ass't Cashier.

CLIFFORD HCBBELL, AssU Cashier.

•,»-»:{?

Co.

IRewarS, W. 5.

National Newark BankingOrganized in 1804.

Statement at close of business Mat. 28, 1904.

RESOURCES.Loan* and Investments $5,627,076 89Due from banksand bankers 263,400 59Banking bouse and other real estate 150,00* 00Cash and reserve 1,025,458 49

$7,066,936 97

LIABILITIES.Capital Stock $1,000,000 00Surplus and undivided profits 1,076,439 36Circulation outstanding 50,000 00Deposits 4.939.496 61

$7,065.935 97

OFFICERS:

E. S. CAMPBELL, President.D. H. MERRITT, Vice-President.

A. H. BALDWIN, 2d Vice-President.H. W. TUNIS, Cashier.

Special Attention Given to New Jersey Collections.

SerseE Cits, in. 3.

FIRST NATIONAL BANK"JERSEY CITY.

Statement at close of business Mar. 28, 1904.

RESOURCES.Loans and discounts $3,869,414 52Due from banks and bankers 3,617,295 80Real estate and securities 339,'7* 53United States bonds 850,000 00

Cash and reserve 708,181 94

$8,384,063 79

LIABILITIES.

Capital $400,000 00

Surplus and undivided profits 1,040,75906

Circulation 360,250 00

Deposits 6,583,054 73

$8,384,063 79

K. F. 0. YOUNG, President. GEO. W. CONKLIN, Cashier.GEO. T. SMITH, Vice-President. JNO. W. OMBBRSON, Asst. Cashier

UNITED STATES DEPOSITORY.

SRartforo, Conn.

The /ETNA NATIONAL BANK

CAPITAL,

SURPLUS AND PROFITS,DEPOSITS, •

$525,000 00

$565,000 00

$2,500,000 00

OFFICERS:

A. SPENCER Jr., President.A. R. HILLYER, Vice-President.

W. D. MORGAN, Cashier.

DIRECTORS:

Hon. MORGAN G. BULKELEY, JAMES B. CONE,APPLBTON R. HILLYER, ALFRED SPENCER Jr.MORGAN B. BRAINARD, A. G. LOOMIS,

W. R. C. CORSON.

THIS BANK OFFER8 TO DEPOSITORS EVERY FACILITY WHICH THEIRBALANCE8, BUSINE8S AND RESPONSIBILITY WARRANT.

Special Attention Given to Hartford Collections.

Serseg Gttg, U*. 3.

Commercial Trust Companyof NewJersey.

15 EXCHANGE PLACE.

Statement at close of business Dec. 81, 1903.

ASSETS.Btocks and bonds 93,053,717 97Mortgages 854,410 44Loans, demand and time 3,628,gig 37Banking house and fixtures 849,399 aaAccrued Interest 56,944 94Cash on hand and in banks 3,579,06845

$10,021,460 99LIABILITIES.

Capital ti,ooo,ooo 00

8urplus 1,500,000 00Undivided profits 387,994 17Deposits 7.I33.4C6 8«

$10,021,460 99OFFICERS-

j JOHN W. HARDENBERGH, President.GEORGE W. YOUNG. Vlce-Pres. WILLIAM J. FIELD, Treasurer.ROBKRT S. ROSS, Vlce-Pres. I AY S. PERKLNS. Asst- Treasurer

J. RICHARD TENNANT, Asst. Secretary.

COMMENCED BUSINESS ON JANUARY 8ECOND, NINETEEN HUNDRED.

INTEREST PAID ON OHEOK A000UNT8.

IPaterson, m. 3.

FIRST NATIONAL BANK.Statement at close of business Mar. 28, 1904.

RESOURCES.Time loans 91,510,598 9

a

Demand loana 463,005 16United States bonds 503,000 00Other bonds and mortgages 350,000 00

93,834,604 08Real estate 338,496 93Due from banks 9333,801 65Due from Treasurer United States. 1 1,400 00Cash and cash items 163,46937 508,67093Premium on U. S. Bonds 17,500 00

$3,679,271 93LIABILITIES.

Capital stock 95«o,ooo 00Surplus and profit and lota..... 648,014 04Circulation 338,000 00Deposits . ............. 3,078,357 89United States bond account 335,00000

$3,679,271 93OFFICERS

:

EDWARD T. BELL, President. ROBERT J. NELDKN, Cashier.JOHN REYNOLDS, Vice-President. WHITFIELD W. SMITH, Asst. Cashier

DIRECTORS:ALPHEU8 S. ALLEN. J08EPH W. CONGDON.DWIGHT ASHLEY, W. O. FAYERWEATHBR,EDWARD T. BELL W. B. GOURLEY,WILLIAM BARBOUR, LEOPOLD MEYER,HENRY B. CROSBY, JOHN REYNOLDSJ. W. CLEVELAND, A. W. ROGERS.

ROBERT WILLIAMS.Prompt Attention Given *o Collections.

IFlewarft, m. 3.

UNION NATIONAL BANKOF NEWARK, N. J.

Report of Condition Mar. 28, 1904.

RESOURCES.Loans and discounts 98,017,633 81Real estate 300,000 00United States bonds 310,00000Other bonds and stocks 398,069 04Due from banks 430,491 5#Cash and reserve 1,505,148 7g

LIABILITIES.$10,861,342 U

Capital stock 91,500,000 00Surplus fund 1,500,000 00Undivided profits 396,641 34National bank notes outstanding 300,000 00Deposits 6,980,335 46Due to banks 384,365 34

$10,861,342 14OFFICERS.

WILLIAM 8CHEERER President.LESLIE D.WARD Vice-President.UZAL H. McCARTER Vice-President.ARCHIBALD W. CONKLIN Cashier.ALBERT HAEFELI Asst. Cashier.ERWIN D. FARNSWORTH Asst. Cashier.

Equipped to handle Accounts of Individuals, Merchants,Manufacturers, Corporations, Banks and Banker*.

2238

IPbilaoclpbia, pa.

THE

Farmers' and Mechanics'NATIONAL BANK.

427 CHESTNUTiSTREET, PHILADELPHIA.

OHO AS TZED 1SQ7.

CAPITAL $2,000,000

SURPLUS AND PROFITS, 1,030,000DIVIDENDS PAID 12,187,000

HOWARD W. LEWIS, President.HENRY B. BARTOW, Cashier.JOHN MASON, Transfer Officer.EUGENE H. AUSTIN, Assistant Cashier.

DIRECTORS:

HOWARD W. LEWIS, CLEMENT I!. NBWBOLD, J. F. McFADDENCRAIOB LTPPINCO EPH WHARTON, GEORGE C. THOMAS,JOHN F. LEWIS, E H. MCCULLOTJGH, RALPH F. CULLINAN.HENRY C. 8TROUP, GEORGE L. FARNUM, G. C. PURVES.

C. S. W. PACKARD,

ACCOUNTS OF BANKS AND BANKERS CORPORATIONSAND MERCANTILE FIRMS INVITED.

pbtlaoelpbta, pa.

The Central National Bank.Organized December 14, 1864.

Statement at close of business, Mar. 28, 1904.

RESOURCES.Loans and investments $8,181,843 12

Exchanges for clearing house 593,524 87

Dne from banks and bankers 786,294 88

Cash and reserve 3. 072,063 44

$12,580,725 81

LIABILITIES.Capital $750,00000

Surplus and undivided profits 2,452,482 69

Circulation 49,550 WDeposits 9,328,743^2

$12,580,725 81

THEO. KITCHEN, President.T. L. DeBOW, Cashier.

WILLIAM POST, Asst. Cashier.

Accounts of banks, bankers, Individuals, firms and corporation

Invited on tbe most liberal terms consistent

with sale banking.

The Philadelphia National Bank419-423 CHESTNUT STREET, PHILADELPHIA.

STATEMENT AT CLOSE OF BUSINESS MARCH 28, 7904.

RESOURCES.LOANS AND DI8COUNTS $21,278,770 80DUE PROM BANKS 3,747,224 87EXCHANGES FOR CLEARING HOUSE.... 2,288,130 86CASH AND RESERVE 10,068,474 74

LIABILITIES.CAPITAL STOCK $1,500.000 00SURPLUS AND NET PROFITS 2,439,308 18CIRCULATION 1,060,000 00DEPOSITS 32,881,293 08

$37,370,601 26

OFFICERS:N. PARKER SHORTRIDGE, President.

LINCOLN GODFREY and LEVI L. RUE, Vice-President..HORACE FORTESCUE, Assistant Cashier.

$37,370,60126

HARRY J. KESER, Cashier.WM. SHERWOOD, Auditor.

DIRECTORS:PARKER SHUKTRIDGE, GEORGE 'WOOD, A. J. CAS8ATT,

J. LIVINGSTON ERRINGER, LAWRENCE JOHNSON, PERCIVAL ROBERTS JR.RICHARD ASHHURST, ALFRED C. HARRISON, GEORGE H. McFADDEN,

LINCOLN GODFREY, LEVI L. RUB, EDW. T. STOTESBURT,JOHN H. CONVERSE, GEORGE H. FRAZIER, JAMES F. HOPE.

Accounts of Banks, Bankers, Mercantile Firms and Corporations Respectfully Invited.

pbtlaoelpbta, pa,

GIRARD TRUST G0MPANYStatement at close of business Dec. 31, 1903.

A88ETS.Cash on hand and in banks (4,035,311 84Collateral loans 16,398,836 97Real estate 1,130,933 68Investment securities 9,308,301 goOther assets 13,30000

$31,776,674 39LIABILITIES.Capital stock 91,500,000 ocSurplus 7,500,000 osUndivided profits 1,008,449 85Deposits 30,767,134 54

$31,776,674 89OFFICBR8:

B. B. MORRIS, President.W. B. BLT, 1st Vice-President. A. A. JACKSON, 2d VIoePresident.( HARLBS J. RHOAD8. Treasurer. KDWARD 8. PAGE. Secretary.WM.EAUMONT, Trust Officer. M. T. WKUiriT. Real Estate Offloer

GEO. TUCKBR BISPUAM. Solicitor.Acti ai Kr-fcutor, ^,lmi«u(ra(or, Iruttte, Aiiionel and Ktceivcr.

FINANCIAL AOENT FOR IND'V>DUAL8 OR CORPORATIONS.Act> at TruMtet of Corporation Mart^m^**.

DEPOSITARY UNDER PLANS OF REORGANIZATION. REQI8TWA* «N0TRANSFER AUENT

Baltimore, flDo,

MERCHANTS' NATIONAL BANK.Statement at close of business Mar 28, 1904.

RESOURCES.

Loans and discounts $7,044,313 48U. S. bonds 350,0000a

Stocks and securities 745, 336 76Banking-house 560,000 00

Due from banks and reserve agents 3,713,394 37Cash and exchange for Clearing House 1,644,719 03

$12,966,662 84LIABILITIES.

Capital stock 11,500,000 00

Surplus and undivided profits 813,038 76Circulation 50,000 00

Deposits 10,583,634 08

$12,966,662 84

OFFICERS.

DOUGLAS H. THOMAS, President. WM. INGLE, Cashier.J CLEVELAND WANDS. Asst. Cash. J. C. FENHAGEV, Asst. Cash.

PROFITABLE BUSINESS SOLICITED.

2239IPbtlaoelpbta, ipa.

FRANKLIN NATIONAL BANKStatement at close of business March 28, 1904.

SOURCES.Loan* and discounts ..$13,113,151 38Due from banks 3,705,355 08Cash and reserve « 4,954,146 03Exchanges for clearing house i,x88,igo 18

S21.960.843 87LIABILITIES.

Capital $1,000,000 00Surplus and net profits 1,565,490 11Circulation 499.995 00Deposits 18,895,358 76

$21,960,843 87OFFICERS:

J. R. MCALLISTER, President. B. P. PA8SMORB, Cashier.CHARLES V. TUACKARA, Assistant Cashier.

DIRECTORS

:

JAMES H. HYDB,WILLIAM H. JHNK8,

EDWARD B. SMITH,HENRY TATNALL,

LBYI C. WEIR.HBNRY C. FRICK.

PAUL M. WARBURG,H. R. WINTHROP.

JOHN F. DRYDBN,J. R. MCALLISTER.

F. L. BAILEY

JAMBS W. ALEXANDER,WILLIAM II. BARNES,

8AMUBL T. BODINE.JAMBS 0. BROOKS,

JOHN H. CONVERSE.THOMAS DlWITT CUYLER,

JOSEPH O. DARLINGTON,GBORGB H. FRAZIER.

WILLIAM F. HARRITY.FRANK K. HIPPLB,

IPbtlaoelpbfa, pa*

CORNEXGHANGENATIONALBANKCHESTNUT STREET, CORNER SECOND.

Statement of condition March 28, 1904.

ASSETS.

Loans and investments $10,331,96507

Due from banks »,553, »5X 33

Cash and reserve 3.706,373 at

$16,691.390 30

LIABILITIES.

Capital $500,000 oo

Surplus and profits, net 879.368 16

Circulation 493,800 00

Deposits 13,718,223 04

$16,591,890 30

BENJAMIN OITHENS. President. CHA8. S. CALWBLL, Cashier.WILLIAM W. SUPPLBB, Ylce-Pres. M. N. WILLITS Jb., Ass't Cashier.

DEPOSITORY OF THE UNITED STATES,STATE OF PENNSYLVANIA AND CITY OF PHILADELPHIA.

pbUaoelpbta, pa.

The Girard National Bank.CHARTERED 1832.

STATEMENT AT CLOSE OF BUSINESS MARCH 28, 1904.

RESOURCES.LOANS AND INVESTMENTS $22,116,000 48DUE PROM BANKS 3,045,835 19EZCHANOES FOR CLBARINO HOUSE 986,169 19CASH AND RESERVE 6,818,163 92

TOTAL $31,966,168 78

LIABILITIES.CAPITAL STOCK $2,000,000 00SURPLUS AND NET PROFITS 2,743,963 36NATIONAL BANK NOTES OUTSTANDING 1,506,100 00DEPOSITS 25,716,115 42

TOTAL $31,966,168 78

OFFICERStFRANCIS B. REEVES, President. RICHARD L. AUSTIN, Vice-President.THEO. E. WIEDERSHEIM, 2d Vice-President. JOSEPH WAYNE JR., Cashier.

Accounts of Banks, Bankers, Corporations, Firms and Individuals Received.

CORRESPONDENCE SOLICITED.

Baltimore, iTDo*

FARMERS AND MERCHANTS

NATIONAL BANKOF BALTIMORE,

Temporary Location,

N. E. CORNER CHARLES AND SARATOGA STREETS.

CAPITAL, $650,000SURPLUS, .... 325,000UNDIVIDED PROFITS, net, - 104,000

OFFICERS

CHAS. T. CRANE, President. CARTER G. 0SBURN, Cashier.

WM. P. HARVEY, Vice-Pres't. J. E. MARSHALL, Asst. Cashier.

EXCELLENT FACILITIES FOR COLLECTIONS.

Correspondence Invited.

flMttsburgb, pa*

Mellon National BankStatement at close of business March 28, 1904,

RESOURCES.Loans $16,904,431 68

United States bonds 3,030,000 00

Cash and due from banks 6,011,009 46

Total $24,966,441 14

LIABILITIES.

Capital stock ................. $3,000,000 00

Surplus and undivided profits 584,378 55National bank notes outstanding 1,050,000 00

Deposits 30,983,463 38

U. S. bond account 300,000 00

Unearned discount 147,399 31

Total $24,965,441 14

OFFICERS

ANDREW W. MELLON, President.RICHARD B. MELLON, Vlce-Pres. A. C. KNOX, Vice-President,WALTER 8. MITCHELL, Cashier, B. W. LEWIS, Assistant CashUr,A. W. McELDOWNEY, Asst. Cashier H. S. ZIMMERMAN, Assist. Cashier

2240

ttorfolfe, Da.

THE CITIZENS'BANKOF NORFOLK, YA.

ORGANIZED 1867.

CAPITAL ....SURPLUS AND PROFITS

$300,000

259,000

OFFICERS:

O. M. SERPELL, President (Pro-tem).

J. W. PERRY, Vice-President.McD. L. WRENN, Vice-President.

TENCH F. TILGHMAN, Cashier.NORMAN BELL JR., Assistant Cashier.

INTEREST PAID Off TIME DEPOSITS BY SPEOIAL OONTRAOT.

BILL8 OF EXCHANGE I8SUED ON ALL THE PRINCIPALCITIES OF EUROPE.

CHARTER AUTHORIZES TRUST AND FIDUCIARY ACCOUNTS.

ALL PROFITABLE BUSINESS SOLICITED.

Btlanta, (5a.

ATLANTA NATIONAL BANKStatement of condition (condensed) Mar. 28, 1904.

RESOURCES.Loans and discounts $3,151,538 16U. S. Bonds and premiums 406,475 00Other bonds and stocks 417,66380Real estate 75,600 008afe deposit vault and fixtures 38,064 45Cash and due from banks 1,311,953 6a

$5,391,295 03LIABILITIES.

Capital stock $500,000 00Surplus and undivided profits(net) 335,749 60Circulation 200,000 00Deposits 4,355,545 43

$5,391.295 03OFFICERS:

0. B. CURRIER, President. H. R. BLOODWORTH, Cashier.HUGH T. INMAN, Vice-President. GEORGE R. DONOVAN, Asst. CashierA. E. THORNTON. Vice-President. JAMES S. FLOYD, Asst. Cashier.

DIRECTOR8:A. E. THORNTON. H. T. INMAN, S. M. INMAN

F. E. BLOCK. C. E. CURRIER.

CORRESPONDENCE SOLICITED.

19 A UNITED STATES DEPOSITARY.

ttorfolft, Da.

The Norfolk National Bank.Statement of condition Mar. 28, 1904.

RESOURCES.Loans and discounts. $3,043,047 07U. S. bonds, par

,

Virginia bondsOther bondsBanking house, assessed valueCash $336,435 05Due from banks 778,373 06

666,000 0034,040 00

356,800 0035,000 os

1, i»4,697 1*

$4,129,584 18LIABILITIES.

Capital $400,000 osSurplus and undivided profits 458,115 6aCirculation 50,000 00Deposits .. 2,937,408 56U. S. bond account 366,000 osVirginia bond account 38,060 00

$4,129,584 18

CALDWELL HARDY, President.A. B. SCHWARZKOPF, Cashier.

C. W. GRANDY, Vice-President.W. A. GODWIN, Asst. Cashier.

#ITH WELL ESTABLISHED CONNECTIONS, THI8 BANK HA8 UNSURPASSEDFACILITIES IN EVERY BRANCH OF LEGITIMATE BANK.N8.

ACCOUNTS Of BANKS AND BANKERS RECEIVEDFAVORABLE TERMS.

ON

Oolleetioni Made and Money Trantferred to All Parti of the World

flDacon, ©a.

THE EXCHANGE BANK.OF MACCN, GA.

Organized 1870.

Capital, - - - -

Surplus and Fronts,

$500,000

- 125,000

OFFICERS:

J. W. CABANISS, President.C. M. ORR, Cashier. W. H. BURDICK, Asst. Cashier.

J. W. Cabaniss, Pres.,A. D. Schofield,

N. B. Corbin,

Sam Mayer,

DIRECTORS:

J. H. Williams,H. J. Lamar,W. D. Lamar,W. R. Rogers.

A. L. Adams,S. S. Dunlap,Mallory H. Taylor.

Collections made on Macon without cost, and all points in Georgiaat lowest rates. Remittances made for Collections in

New York exchange on day of paymentat reasonable rates.

The Fourth Street National BankOF PHILADELPHIA.

STATEMENT AT CLOSE OF BUSINESS MARCH 28, 1904.

RESOURCES.LOANS AND DISCOUNTS $28,433,677 66DUE FROM BANKS 3,555,994 81EXCHANGES FOR CLEARING HOUSE.. 868,006 68CA8H AND RESERVE 11,253,860 78

$44,101,639 92

LIABILITIES.CAPITAL STOCK 5 $3,000,000 00SURPLUS AND NET PROFITS 4,713,833 94CIRCULATION 1,861,800 00CITY BOND ACCOUNT 600,000 00DEPOSITS 33,925.905 98

$44,101,539 92

R. H. RUSHTON, President.

PRANCI8 L. POTTS, Vice-President.

B. M. PAIRES, 3d Vice-President.

3. F. SHANBACKER, Cashier.

W. Z. McLEAR, Assistant Cashier.

FRANK G. ROGERS, Manager Foreign Exchange.

ACCOUNTS OF BANKS AND BANKERS SOLICITED.

FOREIGN EXCHANGE BOUGHT AND SOLD.EXCEPTIONAL COLLECTION FACILITIES.

2241

Eirminobam, Hla.

THE FIRST NATIONAL BANKOF BIRMINGHAM, ALA.

Statement at close of business Mar. 28, 1904.

RESOURCES.Loans and discounts •3.7'3.77» 69

785 10

365,000 00

33,800 00

356,540 00

54,000 00

Cash and due from banks, etc 3,440,756 77

Overdrafts.... .

U. S. bonds and premiumsOther stocks and bondsJefferson County bondsReal estate— old bank building .

$6,864,653 56LIABILITIES.

Capital Stock $500,000 00

J. H.

Surplus and profits ...Circulation...

Deposits-Individual 95,061,796 53Bank 739,358 47United States 50,000 00

a«3,498 56300,000 00

OFFICERS

:

W. P. G. HARDING, PresidentWOODWARD, Vice-President.

5.85«>»53 00

$6,864,663 56

j, x-rtjBiueui.J. H. BARR. Vice-President.

W. W. CRAWFORD, Cashier. A. R. FORSYTH, Asst. Cashier.

UNITED 8TATES DEPOSITARY.DIRECT CONNECTIONS THROUGHOUT ALABAMA AND ADJOININfil 8TATE8,

COLLECTIONS A SPECIALTY.

flDontQOtnerE, Bla.

The Merchants' and Planters' -

Farley National Bank,Statement at close of business Mar. 28, 1904.

KB8OURCES.Loans and discounts. $1,656,441 74U. S. bonds, etc 391,743 16

Cash:

In vault $308,643 07Due from banks 956,389 37With U. S. Treasurer 13,500 00Alabama State bonds 100,000 00Demand loans on cotton 340,00000 1,617,531 34

$3,666,716 24LIABILITIES.

Capital stock $500,000 00

Surplus and undivided profits 307,367 50Circulating currency 350,000 00Deposits 2,708,447 74

$3,666,715 24JOSEPH L. HALL, President.

8. B. MARKS JR., Vice-President. LOUIS B. FARLEY, Cashier.M. P. LbGRAND, Vice-President. HENRY T. BARTLETT, Asst. Cashier.

UNITED STATES DEPOSITARY.Oolleclio7is on Montgomery and on Alabama and other Southern points

especially solicited.

1Rasb\>Ule, Kenn.

THE

American National BankComparative Statement Nov. 23, 1002. Mar. 25 , IQ04.

Capital $1,000,000 00 $1,000,000 00

Shareholder*' Liability, . . 1,000,000 00 1,000,000 00

Surplus and Undivided Profits, 50,000 00 140,000 00

Security to Depositors, . . $2,050,000 00 $2,140,000 00

During the year 1903 we paid $40,000 in dividends andadded to surplus and undivided profits $75,000.

This bank furnishes the greatest security to depositors ofany bank in Tennessee. All accounts solicited.

OFFICERS:W. W. BERRY, President. A. H. ROBINSON, Vice-President.

N. P. LeSUEUR, Cashier.

DIRECTORS:Q. M. Neely, Leslie Cheek, Byrd Douglas, Overton Lea,Robt. J. Lyles, Horatio Berry, Jno.B. Ransom, Norman Kirkman,A. H. Robinson, Thos. L.Herbert, R. W. Turner, W. W. Berry,

N. P. LeSueur.

JBtrminobam, Hla.

TheAlabamaNational BankBIRMINGHAM, ALA.

UNITED STATES DEPOSITARY.

Capital, $200,000.

Surplus and Profits, $50,000.

OFFICERS:

J. B. COBBS, President.

H. H. MAYBERRY, Vice-President.W. A. PORTER, Cashier.

C. M. WILLIAMSON, Ass't Cashier.

This Bank offers depositors every facility which their balances

business and responsibility warrant.

Special Facilities for making- Birmingham Collectionsand at other Alabama Points.

/iDobile, Hla.

The People's BankOF MOBILE, ALA.

CAPITAL, $150,000. SURPLUS, $150,000

UNDIVIDED PROFITS, OYER $300,000

J. W. WHITING, President.

J. B. DAVIS, Vice-President.

JAS. W. LITTLE, Cashier.

B. W. PADGETT, Assistant Cashier.

Special Rates and Facilities for Collections on Mobile and

all Southern Points.

\\ i: REQUEST CORRESPONDENCE.

S. J. KEITH, President.

J. H. FALL, Vice-President. W. C. DIBRELL, Vice-President.

J. T. HOWELL, Cashier. G W PYLE, Assistant Cashier.

The Fourth National BankNASHVILLE TENN.

Capital paid in, - - $600,000 00

Surplus and Profits, 400,000 00

Courtesy, Promptness and Fair Dealing make for success.

Success means Prosperity. The measure of a bank's pros-

perity is indicated by its Surplus and Profits account.

This Bank has larger Surplus and Profits than all othe

banks in Nashville combined.

2242

Cbarleston, 5. C.

THE PEOPLES NATIONAL BANKOF CHARLESTON.

Capital, - - - $300,000

Surplus and Undivided Profits, 190,000

DEPOSITS:

February, 1899 $818,000February, 1900 1,109,000February, 1901 1,240,000February, 190a 1,605.000February, 1903 2,004,000February, 1904 2,037,000

K. Q. RHETT, President.

E. H. SPARKMAN, Vice-President.E. P. GRICE, Cashier.

J. B. CALDER, Assistant Cashier.

TRANSACTS A GENERAL BANKING BUSINESS.

Collections Handled at Best Rates.

Special Inducements civen for out of town accounts.

fmoxville, TIenn.

CityNationalBanksKnoxvilleStatement of condition Mar. 28, 1904.

RESOURCES.Loans $1,303, 818 46United States bondsPremiums on bondsOverdrafts

Stocks and real estate owned .Furniture and fixturesCash:

'With reserve agents $701,525 73'With other banks 313,891 40In our vaults 108,715 3a

300,000 0021,000 OO

4,943 9341,603549,900 OO

1,136,06s 45

$8,019,337 38LIABILITIES.

Capital paid In (100,000 oc

8urplus and profits, net 127,587 94Currency outstanding... too,000 00Deposits 3,491,749 64

$3,019,337 88WILLIAM 8. 8HIELD8, President.

J. P. IIAYNE8, Vice-President.

WM. T. MARFIELD, Cashier.B. E. MOONBY, Asst. Cashier.

United States Depository.

WE WILL HANDLE YOUR TENNE8SEE BUSINE88 IN BULK.

mew ©rleans, Xa.

HIBERNIR BANK S TRUST CO.

Statement at close of business Mar. 28, 1904.

RESOURCES.Loans and discounts 88,460,110 60

Cash on hand and with other banks 5,451,087 05Bonds andstocks 357,767 46Bank building and other real estate 1,165,101 37

$16,434,066 38

LIABILITIES.

Capital 81,000,000 00

Surplus and undivided profits 3,183,638 83Deposits 13,350,437 55

$16,434,006 38

OFFICERS:

JNO. J. O A IfON. President. GEO. PERKIER, Asst. Cashier.

O. R. WHSTrELDT, Vice-President. P. L. QIRAULT, Asst, Cashier.J. W. CA8TLE8, Vioe-Presldent. L. M. POOL. Asst. Cashier.CHA9. PALFREY, Cashier. WYATT H. INGRAM Jr., Trust efflcer.

Houston, Tieias.

SOUTH TEXAS NATIONAL BANKOF HOUSTON, TEXAS.

Statement of condition Mar. 28, 1904,

RESOURCES.Loans and discounts 81,535,841 goU. 8. bonds and premiums 83,353 34Stocks, securities, etc 39,36403Banking house, furniture and fixtures.. 73,588 66Other real estate 33,601 37Cash in vault and with other banks 1,104,3368s

$2,868,084 92

LIABILITIES,Capital stock $500,000 00Surplus funds 100,000 OOUndivided profits—net 188,479 38Circulation 68,300 oeDeposits 1,011,405 54

$2,868,084 92

OFFICERS

:

CHAS. DILLINGHAM, President. fi. BRA8HEAR, 1st Vice-President.O. T. HOLT, 2d Vice-President. H. F. MACGREGOR, 8d Vloe-Pres.J. £. MCASHAN. Cashier. C. A. McKlNNET Asst. Cashier.

ACCOUNT8 SOLICITED.

DALLAS, TEXAS.

THEAMERICAN NATIONAL

BANKOF THE CITY OF DALLAS, TEXAS.

Capital, $200,000. Surplus, $300,000.

U. S. DEPOSITORY.

J. B. WILSON, . . . President.E. J. GANNON Cashier.

Special Facilities for the Handling of Collections on Dallas

and other Texas Points.

Your Account is Especially Solicited.

ffort THHortb, TJeias.

Fort Worth National BankReport of condition Mar. 28, 1904.

RESOURCES.

Loans and overdrafts $1,366,868 06Banking house 100,00000United States bonds 100,000 00Premium on United States bonds 6,500 00Cash and sight exchange 1,583,889 8a

$3,266,267 88

LIABILITIES.

Capital stock 8300,000 00Surplus and profits 359,703 33Circulation........................................... a 00,000 00Deposits a , 396, 555 50

$3,266,267 88

OFFICERS:

K. 11. VAN ZANDT, President.R. L. ELLISON, Vice-President,

N. HARDING, Cashier,L. C. 1 1 UTCHINS. Ass't Cashier.

ALL PROFITABLE BUSINESS SOLICITED.

2243

THE UNIONNational BankOF :: CLEVELAND OHIO

CAPITAL AND SURPLUS, $2,250,000.00

President

E. H. BODBNE

Vice-Presidents

L. McBride H. C. Christy J. F. Harper

Cashier

E. R. Fancher

Assistant Cashiers

G. A. Coulton E. H. Cady W. E. Ward

lln&tanapolis, flnfc.

THE MERCHANTS' NATIONAL BANK.INDIANAPOLIS INDIANA.

Report of Condition Mar. 28, 1904.

RESOURCES.Loans $3,131,887 44United State* bonds.City of Indianapolis, Marlon and other countybonds

BankinghouseCash Resources.U. S. bonds to secure deposits $700,000 00Due from banks 1,446,568 11Due from U.S. Treasury a,500 00Cash (Gold, $306,840 00) 868,873 3a

310,000 00

944,107 91115,000.00

3,017,941 43

$7,118,936 78

LIABILITIES.Capital stock $1,000,000 00Surplus fund and profits 481,683 79National bank circulation... 310,000 00Deposits 4,737,35a 99United States Deposits 700,00000

$7,118,936 78

OFFICERS

:

O. N. FRBNZEL, President. FRED FAHNLHY, 2d Vloe-Pres,J. P. FRENZBL, Vice-President. O. F. FRBNZEL, Cashier.

wt make a specialty of collections in this State and vicinity, and remiton day of payment at lowest rates.

UNITED STATES DEPOSITORY.

ESTABLISHED 1864.

Commercial National Bankof Chicago.

CONDITION AT CLOSE OF BUSINESS MARCH 28,RESOURCES. I

LOANS AND DISCOUNTS $17,891,284 97OVERDRAFTS 2,295 32REAL ESTATE 93,663 35U. S. BONDS AT PAR 500,000 00OTHER BONDS AND STOCKS 1,534,217 75DUE FROM U. S. TREASURER 49,000 00CASH AND DUE FROM OTHER BANKS 12,498,652 39

TOTAL. .$32,569,113 78

OFFICERS.JAMES H. ECKELS, President.JOSEPH T. TALBERT, Vice-Pres. and Cashier.D. VERNON, 2d Vice-President.N. R. LOSCH, Assistant Cashier.H. C. VERNON, Assistant Cashier.G. B. SMITH, Assistant Cashier.H. E. SMITH, Auditor.M. KRELL, Manager Foreign Banking Department.

7904.

LIABILITIES.CAPITAL STOCK PAID INSURPLUS FUNDUNDIVIDED PROFITSNATIONAL BANK NOTES OUTSTANDING.DEPOSITS

$2,000,000 001,000,000 00688,537 76500,000 00

28,380,676 03

TOTAL .$32,669,113 78DIRECTORS.

FRANKLIN MAC VEAGH,WM. J. CHALMERS,ROBERT T. LINCOLN,E. H. GARY,PAUL MORTON,DARIUS MILLER,CHARLES F. SPALDING,JOSEPH T. TALBERT,JAMES H. ECKELS.

Letters of Credit Issued. Foreign Drafts and Specie Bought and Sold. Postal Remittancesand Cable Transfers made to all parts of the world.

Bevv !£orfe Citg*

THE GALLATIN NATIONALBANK OF THE CITY OF NEWYORK, WITH A CAPITAL ANDSURPLUS OF $3,225,000, TRANS-ACTS THE BUSINESS OF MER-CANTILE FIRMS,INDIVIDUALS,BANKS AND CORPORATIONS.CORRESPONDENCE INVITED,

Xoufsvflle, *!&£

NATIONAL BANK OF KENTUCKY

OF LOUISVILLE, KY

OROAN.ZED^^.^; 834900

CAPITALSURPLUS,

$1,645,000 00.

$1,000,000 00.

OFFICERS:

OSCAR FENLEY, President. E. W. HAYS, Cashier,J. M. ATHERTON, Vice-President. D, W. GRAY, Assistant Cashier,

T J. WOOD, Assistant Cashier.

9K0. W. MORRIS,JOHN.M. ATHHBTON,C. C..MENGHL,W. W. HTTE,JUDGE JOHN WJBA.RR,

DIRECTORS:

JOHN STITES,HOWARD M. GRISWOLDHENRY W. BARRET,S. ZORN,ALEX. P. HUMPHREY.

OSCAR FENLEY.

2-244

(3rano 1Rapio3, /IDtcb. E>etrott, flDlcb,

The Old National Bank STATE SAVINGS BANK.OF GRAND RAPIDS, MICH.

Report of Condition March 28, 1904.

RESOURCES.Loans and discounts $4,158,863 6

1

Real estate 6,505 09Bank building and fixtures 170,000 00Cash resources :Stocks, bonds and mortgages $188,899 »7Due from banks 824 4J9 »»U.S. Bonds 848,490 76U. S. Treasurer 4 ",000 00Cash 218, «68 52 8,113,517 83

$6,448,886 63LIABILITIES.

Capital stock... $800,000 00Surplus and undivided profits (net) 486,945 50Circulation 800,000 00Deposits 4,4a ',94 1 03

$6,448,886 53OFFICERS:

J. M. harnett, PresidentWILT.AUI) BAIISIIAUT. Vice-Pres. HARVEY J. HOI. LISTER. Vice-Pres.CLAY 11. HoI.l.lSTKK, Cashier. FRANK 8. COLK.MAN, Asst. Cast.ier.

DIRECTORS:JAMES M. BARNKTT,.1ACOH CUMMER,\V. R .SHELBY,WM. JDDSONH. J. IIOLLISTER,I f1 T-IO I 'VCLAY H. HOLLISTER,

WILLARD RARNHART,JOS. U. MARTIN,E. G. STUDuEY,L. H. W1THKY.GEO. C. PIERCE,W. D. STEVENS.HENRY 1DEMA.

Statement of oondition Mar. 28, 1904

RESOURCES.Loans and discounts $7,178,238 60Bonds and mortgages 4,837,370 34 $13,005,508 84Overdrafts 3.156 49Banking home and other real estate 446,98a 97Cash and exchange 3, 069,874 34

$16,625,622 64LIABILITIES.

Capital stock $1,000,000 oeSurplus fund 750,000 oeUndivided profits 104,337 74Savings deposits $6,333,650 15Commercial deposits 4,767,683 75Due to banks and bankers 3,669,85*90 13,671,18480

$16,625,522 54OFFICERS:

GEO. H. RU88EL, President. R. S. MA80N. Cashier.R. W. GILLETT, Vice-President. AUSTIN B. WING, Assistant CasfclerH. a POTTER JR., Vloe- President. H. P. BORGMAN, Assistant Cashier

E. A. SUNDERLIN, Auditor.

CONDUCTS A GENERAL BANK. NO BUSINESS IN BOTHSAVINGS AND COMMERCIAL DEPARTMENTS, ANDOFFERS IT8 CUSTOMER8 EVERY BANKING FACILITY.

3 per cent Interest Paid on Savings Deposits. 2 per cent Interest Pa%aupon the Daily Balances of State Banks and Bankers

when Exceeding One Thousand Dollars.

THE CHICAGO NATIONAL BANKNo. 152 Monroe Street, Chicago.

STATEMENT AT CLOSE OF BUSINESS MAR. 28, 1904.

RESOURCES.LOAN8 AND DISCOUNTS $10,796,812 48OVERDRAFTS 639 86BOND8 FOR CIRCULATION 60,000 00OTHER BONDS ON HAND 2,416,796 37BANKING HOUSE dk SAFE DEPOSIT VAULTS- 260,000 00CA8H ON HAND $3,880,627 79CITY CHECKS 826,606 33DUE FROM BANKS— 2,063,316 15DUE FROM U. S. TREASURER 2,500 00 6,271,950 27

TOTAL $19,854,198 98

LIABILITIES.CAPITAL STOCK PAID IN $1,000,000 008URPLU8 FUND 1,000,000 00UNDIVIDED PROFITS 883,031 91NATIONAL BANK NOTES OUTSTANDING 49,600 00INDIVIDUAL DEPOSITS $14,482,816 16UE BANKS 2,938,85192 17,421,667 07

TOTAL $19,864,198 98

This Bank Is fully equipped to care for the aceeintiof Banks and Bankers. It respectfully solicits corres-

pondence with those who contemplate making chance*or opening new accounts.

DIRECTORS.

C. K. G. BILLINGS, J. R. WALSH,ANDREW McNALLY, F. M. BLOUNT,WILLIAM BEST, JOHN M. SMYTH

MAURICE ROSENFELD.

OFFICER8.

J. R WALSH, President.ANDREW McNALLY, V.-Pres.F. M. BLOUNT, Vice-Pres.

T. M. JACKSON, Cashier.F. W. McLEAN, Asst. Cashikr.JOHN E. SHEA, Asst. Cash.

flMlwaufeee, TlEUs.

FIRST NATIONAL BANK.STATEMENT AT CLOSE OF BUSINESS MARCH 28, 1904.

RESOURCES.LOANS $12,967,164 33O. 8. BONDSPRBMIUM ON U.S. BONDSJWVESTMENT SECURITIES

,

REAL ESTATEFURNITURE AND FIXTURES

700,000 00

35,000 00

469,629 97

95,668 90

5,000 00CA8H AND DUE FROM BANKS 3,890,794 06

TOTAL $18,163,167 26

LIABILITIES.capital $1,600,000 oeSURPLUSAND U N DIVIDED PROFITS 1,037,876 88CIRCULATION 360.000 00DEPOSITS 16,276.280 38

TOTAL $18,163,157 26

F. G. BIQELOW, President.FRANK J. KIPP, Cashier.

OFFICERS:WM, BIQELOW, Vice-President.T. E. CAMP, Assistant Cashier.

H. G. OOLL, Assistant Cashier.

B. MARINER,H. C. PAYNE,

GEO. P. MILLER,

directors:wm. biqelow,

fred. t. goll,C. F. PFISTER,

F. G. BIGELOW.F. VOu&L JR.,

J. H. VAN I YKE, JR.

2245

Columbus, ©bio.

The OHIO NATIONAL BANKof Columbus, can do anything

in the banking line for you,

and can do it as well as it

ought to be done. Columbus is

a reserve city; this bank there-

fore has extensive and direct con-

nections throughout the State.

OHIO ITEMS A SPECIALTY.

(Cincinnati, ©bio.

The Fifth National Bank of CincinnatiStatement at Close of business Mar. 28, 1904

RESOURCES.Loans $3,964,135 50U.S. bonds and premiums.Bonds and securitiesReal estate and fixturesDue from banks and U.S. Treasury.. .$896,154 53Cash 445,56a 36

456,698 36509,586 14I3,ua3 86

i,34».7»6 89

$6,285.169 75LIABILITIES.

Capital stock $600,000 00Surplus and profits 424,36863 $1,034,36863Circulation 338,500 ocDeposits:Individual $3,341,134 6sBank 3,401,156 50U. S. deposits 180,00000 4,933,3911a

$6,285,169 76Comparative Statement of Deposits.

OCTOBER 6, 1896 $646,523 72

SEPTEMBER 20, 1898 $1,376,58134

SEPTEMBER 5, 1900 $2,757,185 96SEPTEMBER 15, 1902 $3,628,669 54JANUARY 22, 1904 $4,548,484 73MARCH 28, 1904 $4,^22,291 12

CHARLES A. HINSCH, President.JAS. M. GLENN, Vice-President.

EDWARD SEITER, Cashier.MONTE J. OOBLB, Asst. Cashier

Cbicago, nil.

National Bank of the RepublicCONDITION AT CLOSE OF BUSINESS, MARCH 28, 1904.

RESOURCES.LOANS $10,311,650 16UNITED STATES BONDS 207,000 00REAL ESTATE 33,810 48FURNITURE AND FIXTURES 6,600 00CASH AND EXCHANGE 7,876.20178

TOTAL $18,435,167 41

LIABILITIES.CAPITAL STOCK PAID IN $2,000,000 00SURPLUS AND PROFITS (NET) 886,226 94CIRCULATION 99,997 60U.S.BOND ACCOUNT 60,000 00DEPOSITS 15,398,942 97

TOTAL $18,435,167 41

OFFICERS:

JOHN A. LYNCH, President.

W. T. FEN TON, Vice-President. R. M. McKINNEY, Cashier.

R. L. CRAMPTON, Assistant Cashier. O. H. SWAN, Assistant Cashier.

THOMAS JANSEN, Assistant Cashier. A- W. MARGRAFF, Manager Foreiqn Exchange Dept.

Cblcaao, mi.

The Continental National BankOF CHICAGO.

STATEMENT AT CLOSE OF BUSINESS MARCH 28, 1904

RESOURCES.LOANS AND DISCOUNTS. ..$26,139.086 69STOCKS AND BONDS 1,255,628 21

-$27,394,714 90

U. S. BONDS TO SECURE CIRCULATION.. 60,000 00OVERDRAFTS 29,076 11REAL ESTATE 11,073 12DUE FROM BANKS AND

U. S. TREASURER $6,813,934 60CASH 8,216,699 51 16,030,634 11

Total $42,615,497 24

LIABILITIES.CAPITAL STOCK PAID IN $3,000,000 00SURPLUS FUND 1,000,000 00UNDIVIDED PROFITS 449,619 48CIRCULATION 49,500 00DEPOSITS 38,016.377 76

TOTAL $42,616,497 24OFFICERS :

IOHN C. BLACK, President. BENJAMIN S. MAYER, Assistant Cashier.GEORGE M. REYNOLDS, Vlce-Preslden W. G. SCHROEDER, Assistant Cashier.

N. E. BARKER, Vice-President. HERMAN WALDECK, Assistant Cashier.IRA P. BOWEN, Assistant Cashier. JOHN MCCARTHY, Assistant Cashier.A GENERAL FOREIGN EXCHANGE BUSINESS TRANSACTED.

Accounts of Banks, Corporations, Mercantile Firms and Individuals Received on Fautrable Terms'*

>'246

Des koines, flowa.

Des Moines Savings BankDes Moines, Iowa.

Statement at close of business Apr. 30, 1904.

RESOURCES.Bills receivable $3,200,613 80

Banking house 95. 6di 48Cash and Exchange 1, 375.997 79

$4,672,283 07

LIABILITIES.Capital stock $500,000 00

Surplus and profits 106,884 08Deposits ,. 4.065,398 99

$4,672,283 07

CONDUCTS A GENERAL BANKING BUSINESS IN BOTHSAVINGS AND COMMERCIAL DEPARTMENTS, ANDOFFERS IT8 CUSTOMERS EVERY BANKING FACILITY.

BANK ACCOUNTS SOLICITED.

P. M. CASADY, PresidentSIMON CASADY, Vice-President.

HOMER A. MILLER, Cashier.C. T. COLE JR., Assistant Cashier.

Cbtcaoo, 111.

THE

National Live Stock BankOF CHICACO.

Statement at close of business Mar. 28, 1904.

ASSETS.Loans and discounts $6,803,821 39Overdrafts 1,72780U. S. bonds 50,000 00Stocks, bonds, securities, etc 85,000 00

Cash and due from banks 1,939.485 10

$9,880,034 29

LIABILITIES.Capital stock $1,000,000 00

Surplus 750,000 00

Undivided profits 553,906 90Circulation 49,100 00

Dividends unpaid 948 00Deposits 7,5*6,079 39

$9,880,034 29OFFICERS:

S. R. FLYNN, President. G. A. KYTHER, Cashier.G. F. EMERY, Asst. Cashier. W. F. DOGGETT, Asst. Caehier.

JOHN A. SPOOR.ARTHUR G.LEONARD,NELSON MORRIS,

DIRECTORS

:

JAMES H.ASHBY,LEVI B DOUD.SAMUEL OOZZENS,

ROSWELL Z. HERRICKS. R. FLYNN.

Drovers Deposit National Bank,UNION STOCK YARDS, CHICAGO

CONDITION AT THE CLOSE OF BUSINESS MARCH 28, 1904.

RESOURCES.LOANS AND DISCOUNTS $3,168,238 88OVERDRAFTS, SECURED AND UNSECURED 1,896 26U. 8. BONDS TO SECURE CIRCULATION 60,000 00CA3H AND DUE PROM BANKS 2,266.108 26

$6*486,242 39

LIABILITIES.CAPITAL STOCK PAID IN $600,000 00SURPLUS FUND 160,000 00UNDIVIDED PROFITS 98,692 38NATIONAL BANK NOTES OUTSTANDING 49,400 00DEPOSITS 4,687,260 01

$6,486,242 39

OFFICERS:

WILLIAM H. BRINTNALL, President.EDWARD TILDEN, Vice-President.

WILLIAM A. TILDEN, Cashier.GEO. M. BENEDICT, Asst. Cashier.

ACCOUNTS OP BANKS, CORPORATIONS, FIRMS AND INDIVIDUALS SOLICITED.

NATIONAL BANK OF NORTH AMERICA,Chicago*

THIS BANK OPENED FOR BUSINESS JUNE 16, 1902.STATEMENT AT CLOSE OF BUSINESS, MARCH 28, 1904.

LIABILITIES.RESOURCES.LOANS AND DISCOUNTS $9,229,110 06U. 8. BONDS TO SECURE CIRCULATION 600,000 00PREMIUMS ON BONDS 31,500 00DUB FROM U.8. TREASURER $26,000 00CASH AND DUE FROM BANKS 6,174,803 00 6,199,803 00

$15,960,413 06

$2,000,000 00500,000 00222,841 66

600,000 08DEPOSITS 12,737,571 50

$16,960,413 06

CAPITAL STOCKSURPLUS FUNDUNDIVIDED PROFITS.CIRCULATION

OFFICERS:ISAAC N. PERRY, President.

BERNARD A. ECKHART, Vice-President.CHARLES O. AUSTIN, Vice-President.

JULIUS S. POMEROY, Cashier.FRANCIS V. PUTNAM 1 Ass't Cashier.

tRNARD A. ECKHART,CALVIN DURAND,

ALBERT W. HARRIS,EDWARD HINES,

LA VERNE W. NOYES,

DIRECTORS:BENJAMIN J. ROSENTHAL,

JOSIAH LITTLE,AYLMER K. PERRY,

WARD W. WILLITS,

ISAAC N. PERRY,CHARLES O. AUSTIN,

W. B. CONKEY,GEORGE P. BENT.

JAMES T. HARAHAN,

2247

St. Xouts, flDo.

THIRD NATIONAL BANK OF ST. LOUIS.

Statement at close of business, Mar. 28, 7904.

RESOURCES.Loans and discounts $141987,485 83

U. 8. bonds and premiums 2.189,393 73Other Stocks and bonds 1,090,035 ai

Banking; bouse and real estate 361,000 00

Cash and exchange 11,761,16a 86

$30,296,077 65

LIABILITIES.

Capital stock $3,000,000 00

Surplus and undivided profits 1,734,383 13

Circulation 1, 549,950 00

Deposits 14,530,844 53

Bonds borrowed 500,00000

$30,295,077 65

OFFICERS:

C H.HUTTIG, President. G. W. GALBREATH, Cashier.W. B, WELLS, Vice-President. J. R. COOKE, Assistant Cashier.

THE

American Exchange BankST. LOUIS.

Report of Condition Mar. 28, 1904.

RESOURCES.Time Loans $3,566,989 65Bonds and Real Estate 25,46557Bank Building 135,000 osCash in Banks Si,336, 378 81Cash in Vault 944,586 89Demand Loans 3,733,00000 5,003,96570

$7,721,420 92LIABILITIES.

Capital Stock, Full Paid $500,000 00

Surplus and Undivided Profits 695,618 64Deposits—Banks $3,089,355 36Deposits—Individual 4,436,546 93 6,535,803 18

$7,721,420 92

Accounts and Collections solicited on paying basis only.

OFFICERS:

WALKER HILL, President. EPHRON CATLIN, Viee-Preildent.L. A. BATTAILE, Cashier. EMISON CHANSLOR, Afls't Cashier.

-*

St. Xonts, /Do.

Mississippi Valley Trust CompanyReport of condition March 28, 1904

RESOURCESLoans and discounts $8,063,893 44Bonds and stocks 10,398,631 37Real estate 531,017,74Due from banks and trustcompanies 1,971,978 03

Overdrafts 696 39Safety deposit vaults ...... 73,000 00Cash and cash items 1,357,103 66All other resources 11,11331

$23,296,421 83

LIABILITIESCapital stock $3,000 one n*Surplus 3,500,000 onUndivided profits 1,834,755 39Deposits 14,793,786 64All other liabilities 177,879 80

$23,296,421 83

OFFICERS

:

JULIUS 8. WALSH, PresidentBRECKINRIDGE JONES, V.-Pres. & Counsel FREDERICK VIERLING. Trust OfficerJOHN D. DAVIS, Vice-Pres. H. 8. AMES, Asst. Trust OfficerSAMUEL B. HOFFMAN, V-Pres. W. G. LACKEY, Asst. Trust OfficerJAMES E. BROCK, Secretary W. DAVIESS PITTMAN, Bond OfficerHUGH R. LYLE. Asst. Secretary EUGENE H. BBNOIST. Real Estate OfficerHENR? C. IBBOTSON, Asst. Sec WM. McC. M aRTIN, Safe Deposit Officer

JAME8 E. BROCKDIRECTORS

:

AUGU8TE B. EWING CHA8. H. HUTTIOMURRAY CARLETON DAVID R.FRANCISCHARLES CLARKJOHN D. DAVISH. 1. DRDMMOND

AUGUST GEHNERGEO. H. GODDARD8. B. HOFFMAN

J. RAMSEY JR.BRECKINR'GE JONES M08E8 RUMSETWM. F. NOLKER ROBT H. 8TO0KTONWM. D. ORTHWEIN JULIUS 8. WALSHH. CLAY PIEECE ROLLA WELLS

St. Sosepb, flDo.JOHN 8. Lxmon, President.

Miltoh Tootl« Jr., ) E. H. Zimmbrman, CashierQrabam G. Lact. S "Vl«e-Pr«*ld«nt«« w . A. evaus. Asst. Cashier.

The Tootle-Lemon National Bank,ST. JOSEPH, MO.

8UCCE8SOR TO

TOOTLE. LEMON & CO., Bankers.Statement at close of business Mar. 28, 1904.

RESOURCES.Loans and discounts $1,868,456 08U. 8. bonds 196,000 00Premium on U. S. bonds 9,497 50Furniture and fixtures 13,000 00Government and municipal bonds. $307,380 39Cash and exchange x, 547, 554 70 1,854,93509U. 8. Treasurer, redemption fund 7,750 00

$3,949,638 67LIABILITIES.

Capital stock $300,000 00Surplus and undivided profits 50,070 47Circulation 155,000 00Demand deposits 3,544,568 20

$3,949,638 67Accounts of Banks. Bankers and Individuals Received upon

Equitable Terms.

CORRESPONDENCE INVITED.DIRECTORS

:

JOHN 8. LEMON, GRAHAM G. LACYMILTON TOOTLE Jr., W. T. VAN BRUNT

KATE M. TOOTLE.

St. Sosepb, /ido.

TheIVational Bankof St.JosephUNITED STATES DEPOSITORY.

St.Joseph,Mo.18TABLISHBD 1878.

OR6ANIZSD AS A NATIONAL BANK 1883,

Return at close of business Mar. 28, 1904.

RESOURCES.Loans and discounts .. $3,313,673 11U. 8. bonds and securities 3x5,380 00Bankinghouse 35,000 00Cash and reserve 1,411,133 34

Total $3,966,176 46

LIABILITIES.Capital stock paid in $100,000 00Surplus and undivided profits 303,417 74National bank notes outstanding 100,000 00Deposits 3,563,757 T»

To**1 $3,966,176 46

L. C. BURNE8. President.HU8TON WYETH, \ lnM.rtMm,AMtmJA8. N. BURNE8, J Vice-Presidents.

E. D. MCALLISTER Cashier.

Blare than usual facilities for Collections thr»i|bnt Kumi,Nebraska. Iowa, and Northwest Bflssoarl.

2248

/HMnneapolts, flDlnn.

SECURITY BANK OF MINNESOTAAT MINNEAPOLIS.

Statement at close of business Mar. 28, 1904.

KBSOURCES.Loans and discounts $6,828,360 06Overdrafts 33,318 99U. S. and other bonds, stocks and securities 161,496 89Bank building and other real estate 200,139 14Cash and due from banks 3. a 54, l6 7 67

$10,466,382 76

LIABILITIES.Capital paid in $1,000,00000Surplus and undivided profits 444,03886Deposits 9,021,343 89

$10,466,382 75

O*ll-*etlons 011 the entire Northwest handled cnreTnlly, promptlyand remitted for on dnte ofpnyment, at lowest rates.

I

ACCOUNTS OF BANKS lAND BANKERS RECEIVED ON FAVORABLE TERMS.

OFFICERS:

F. A. CHAMBERLAIN, President. PERRY HARRISON, Vice-President.B. F. MHAUKLE, Vice-President. T. F. HURLEY. Cashier.

FRED. SPAFFORD. Asst. Cashier.

/DMnneapolts, flDtnn.

ORGANIZED 1872.

Northwestern National BankOF MINNEAPOLIS, MINN.

Capital,Surplus,

$1,000,000600,000

OFFICERS.WM. H. DUNWOODY, President. JOSEPn CHAPMAN JR., Cashier.M. B. KOON, Vice-President. F. E. HOLTON, Asst. Cashier.E. W. DECKER, Vice-President. CHA8. W. FARWELL, Asst. Cashier.

DIRECTORS.JAMES 8. BELL, President Washburn

Crosby Co.J. E. CARPENTER. President Carpen-

ter-Lamb Co., Lumber.JO8EPH CHAPMAN JR.. Cashier.E. C. COOKE, Secretary Minneapolis

Trcst Co.S. A. CULBERT80N, Capitalist.E. W. DECKER, Vice-President.WM. H. DUNWOODY, President.L. S. GILLETTE, President Electric

8teel Eleyator Co.T. B. JANNEY, Pres.Janney, Semple,

Hill & Co., Wholesale Hardware.M.B.KOON, Vice-PresidentHENRY L. LITTLE, Gen'l Mitt. Pills-

bury-Washburn Fl'r Mills Co., Ltd.

W. O. NORTHCP, President NorthStar Woolen Mill Co.

GEORGE W. PEAVEY, Peavey Ele-vator System.

GEORGE W. PORTER, Capitalist.\\. A. RAMSEY, President Minnesota

Linseed Oil Co., Ltd.A. T. RAND, President Minneapolis

Gas Light Co.JAMES W.RAVMOND, Ex-President.GEORGE W.VAN DDSEN.Van Dusen

Elevator System.C. D. VELIE, Vice-President Deere A

Webber Co., Farm Machinery.O. C.WYMAN, Pres.Wyman, Partridge

& Co., Wholesale Dry Goods.J. T. WYMAN, Smith A Wyman, Sash.

Doors and Blinds.

An average ol over 8 per cent annual dividends paid to stock-holder* since organization in 1872.

Dividends paid since organization, S2.230.U00 00.

St. XoutS, /IDo.

MERCANTILE TRUST COMPANY.STATEMENT AT THE CLOSE OF BUSINESS MARCH 28, 1904.

RESOURCES.LOANS $13,304,719 61BONDS AND STOCKS 3,388,432 67OTHER ASSETS 16,09116REAL ESTATE (COMPANY'S OFFICE BUILDING).. 650,000 00SAFETY DEPOSIT VAULTS 160,000 00CASH IN VAULTS AND DEPOSITORIES 4.664,585 45

$22,082,828 78

LIABILITIES.CAPITAL STOCK-FULL PAID $3,000,000 00SURPLUS AND UNDIVIDED PROFITS 6,860,104 89RESERVED FOR INTEREST 80,000 00RESERVE FOR TAXES, 1904 60,000 00OTHER LIABILITIES 33,404 63DEPOSITS 1 2,09^.3 19 36

922,082,828 78OFFICERS:

FESTUS J. WADE President.CORWIN H. SPENCER, Vice-President. GEORGE W. WILSON, VIce-Pres.& Treasurer.LORENZO E. ANDERSON, Vice-President. 'WILLIAM MAFFITT, Asst. Treasurer.

JOHN H. KRUSE, Asst. Treasurer.VIRGIL M. HARRIS, Trust Officer.GEO. B. CUMMINGS, Asst. Trust Officer.WM. FOLEY, Manager Bond Department. GEO. SCHUCKHER, Manager Foreign Exchange Department

MRS. R. GRAHAM FROST, Manager Woman's Department.

C. H. McMILLAN, Secretary.J. B. MOBERLY, Asst. Secretary.JACOB KLEIN, Counsel.

AMEDEE V. REYBURN,),, „ , ~ ... „H vP. COOKE ( Managers Safe Deposit Dept.

Lorenzo E. Anderson,George Warren Brown,lames W. Bell,Paul Brown,lames O. Butler,

James Campbell,Gustav Cramer,L. D. Dozier,David Eiseman,C. F. Gauss,

DIRECTORS:Henry Griesedieck Jr.,R. C. Kerens,W. J Kinsella,Emerson McMillln,C. H. McMillan,

William Maffitt,George D. Markham,Dan C. Nugent,Harry Scullin,Corwin H. Spencer,

Joseph Spiegelhalter,John S. Sullivan,Festus J. Wade,D. D. Walker,George W. 'Wilson.

Excellent facilities for Collections on all parts of the Cenntry.

CAREFULLY SELECTED LIST OF INVESTMENT BONDS FURNISHED ON APPLICATION.

/IDtnneapolis, /IDtnn.

THE FIRST NATIONAL BANKOF MINNEAPOLIS.

Statement of condition Mar. 28, 1904.

ASSETS.Loans and discounts $9,310,13334United States bonds, at par 1,050,100 00Railroad and other bonds 157,040 00Cash on hand and due from banks 3,080,034 55

$13,697,997 79

LIABILITIES.Capital $a,ooo,ooo 00

Surplus 1,300,000 00Undivided profits 104,345 (9Circulation 787,700 00

United States bond account 300,000 00Deposits', 9,306,051 90

$13,697,997 79OFFICERS:

M. B. GILFILLAN, President, F. M. PRINCE. VIoe-Presldent,C T. JAFFRAY, Cashier. 1). MACKERC1IAR, Asst. Cashier

ERNEST C. BROWN. Asst, Cashier.

UNITED STATES DEPOSITORY.UNSURPASSED FACILITIES FOR NORTHWESTERN

COLLECTIONS—ACCOUNTS INVITED.

Saint Paul, iHMnn.

THE MERGHANT3 NATIONAL BANKOF SAINT PAUL, MINN.

Statement at close of business Mar. 28, 1904.

RESOURCES.Loans and discounts $4,418,839 8xU. S. bonds, at par . _ 700,00000Other bonds and stocks 181,533 50Banking-house 190,000 00Cash and due from banks 2,497,732 31

...... ,~..,«, $7,989,086 62LIABILITIES.Capital stock $1,000,000 00Surplus 375,000 00Undivided profits 41,580 45Circulation 380,000 00Deposits 6,292,606 17

™™™„o $7,989,086 62OFFICERS:KENNETH CLARK, President. GEO. H. PRINCE, Cashier.C. H. BIGELOW, Vice-President. H. W. PARKER, Asst. Cashier

H. VAN VLECIC, Asst. Cashier.DIRECTORS:

CRAWFORD LIVINGSTON, GEO. H. PRINCE, L, P. ORDWAY,KENNETH CLARK, D. R. NOYES, F. B. KELLOGG,J. H. SKINNER, E. N. SAUNDERS. C. H. BIGELOW.LOUIS W. HILL V. M. WATKINS,

UNITED STATES DEPOSITORY.

2249Portland ©re.

The First National BankOF PORTLAND, OREQON.

Statement*at close of business Mar. 28, 1904.

RESOURCES.Loans and Discounts $31819,959 36U. S. Bonds, at par 1,300,000 00Other bonds and securities 1,953,563 95Bank premises.Due from Treasurer U. S $35,000 00Due from other banks 647,387 35Due from reserve agents 816,311 06Cash on hand 1,114,605 67

70,000 00

3,603,304 08

$9,745,727 39

LIABILITIES.Capital stock $500,000 00Surplus and undivided profits 938,738 57Circulation 488,850 00Deposits—Individual and banks $7,033,976 05Deposits—U. S 794,173 77 7,838,148 8a

$9,746,727 89OFFICERS:

A. L. MILLS. President.W. C. ALVORD, Asst. Cashier

J. W. NBWKIRK, Cashier.B. F. STEVENS, 2d AssUCashler.

DIRECTORS:JACOB KAMy.JAMIS F. FAILING,

A. L. BULLS.H. F. CONNER

J. W. NEWKIRK.

UNITED STATES DEPOSITARY

©maba, IReb.

Omaha NationalOF OMAHA, NEB.

Organized 1866.

Capital, - - - ...Surplus and Undivided Profits

Bank

,000,000

209,000

OFFICERS:

I. H. MILLARD, President.WM. WALLACE, Vice-President. CHAS. E. WAITE, Cashier.C. F. McGREW, Vice-President. FRANK BOYD, Asst. Cashier

DIRECTORS:

H. Millard, N. W. Wells, Wm. Wallace,Guy C. Barton, C. F. McGrew, I. W. Carpenter,

C. H. Brown, A. J. Simpson, W. M. Burges*.

Special Facilities for Handling Northwestern Collections.

Accounts Invited.

Denver, Col*

FIRST NATIONAL BANK.STATEMENT AT CLOSE OF BUSINESS MARCH 28, 1904.

RESOURCES.LOANS AND DISCOUNTS $6,969,86412U. S. BONDS, CIRCULATION AND DEPOSITS 1,400.000 00STOCKS, BONDS AND SECURITIES 6,383,735 14REAL ESTATE 105,731 74DUB PROM BANKS 4,946,332 68CASH:ON:HAND 3,270,58101

$22,075,744 69

LIABILITIES.CAPITAL STOCK $1,000,008 00SURPLUS 1,047,836 76CIRCULATION 956,850 00DEPOSITS 19,072,688 94

$22,075,744 66

OFFICERS

:

D. H. MOFFAT, President.W. S. CHEESMAN, Vice-President.

THOMAS KEELY, Vice-President.

F. Q. MOFPAT, Cashier.W. C. THOMAS, Assistant Cashier.

C. S. HAUOHWOUT, Assistant Cashier.

D. H. MOFFAT,J. A. McCLURG,W. C. THOMAS,

DIRECTORSW. S. CHEESMANC. S. HAUOHWOUT,JAMES H. HYDE, New York,F. G. MOFFAT,

L. H. EICHOLTZ,THOMAS KEELY,GEORGE F. BAKER, New York.

WE FURNISH BROWN BROTHERS & COMPANY, NEW YORK, FOREIGN LETTERS OF CREDIT., ...

Salt Xafee Cits, "drab.

Walker Brothers Bankers.

mew l^orfe ctts.Established 1859. Incorporated 1903.

THE IRVING NATIONAL

BANK—Capital, Surplus andCapital, - - $200,000Deposits, - $1,300,000

Profits, $2,000,000 — invitesBusiness and Personal Ac-

counts',

Prompt and Special Attention given to Collections to

this intermonntain region.

CORRESPONDENCE INVITED.

M. H. WALKER, PRESIDENT.THOMAS WEIR, Vice-President.

L. H. FARNSWORTH, Cashier.E. O. HOWARD, Asst. Cashier.

JOHN H. WALKER, ASST. CA8HH»u

2250

READY JULY 15.

HAND-BOOK OFRAILROAD SECURITIES.

(Issued Semi-Annually In January and July by the Publishers of the Commercial and Financial Chronicle.)

JULY, 1904, EDITION.

CONTENTS.

RAILROADS—Statement showing outstanding: Stocks and Bonds and also the Inoome for a series ofyears past, as well as the annual charges against inoome.

HIGHEST AND LOWEST PRICES—Monthly for 1908 and to July 1, 1904.

YEARLY RANGE OP ACTIVE STOCKS for 898, 1899, 1900, 1901, 1902 and 1903.

™DI\ IDENDS ON RAILROAD STOCKS AND LEADING INDUSTRIAL STOCKS paid during eaoh of theyears 1898 to 1908, inclusive, and to July 1, 1904.

PRICE, $1.00. TO SUBSCRIBERS OF THE CHRONICLE, T6 CENTS.

In Quantity) with Firm Card on Covers, at Special Prices.

T^ILLIAJVi: B JJAJNA. COMPANY, PUBLISHERS.Pine St., Cor. Pearl St., IV. Y.

2251

E. H. ROLLINS & SONS.

BANKERS

MUNICIPAL and CORPORATION BONDS,

19 MILK STREET BOSTON.

CHICAGO. DENVER. SAN FRANCISCO.

N. W. HARRIS & C0.sBANKERS,

PINE STREET COR. WILLIAM,CHICAGO. NEW YORK. BOSTON.

Deal Exclusively in Municipal, Rail-

road and other Bonds adapted fortrust funds and savings.

ISSUE TRAVELERS* LETTERS OB GREDI'AAVAILABLE IN ALL PARIS OF THE WORLD,

QUOTATIONS FURNISHED FOB PURCHASE, SALE OB EXCHANGE.

A. A. LISMAN & CO.,TELEPHONES 5950, 5951, 5952 BROAD. CABLE ADDRESS, ALISMAN.

NO. 2B BROAD STREET, NEW YORK,

Offer Safe Underlying Industrial and Traction Bonds, which have paid

Interest charges for ten years or more, to pay from 5 to 6 per cent.

We assist in revising the Chronicle quotations for Traction Securities, and will promptlyanswer any inquiry in regard to same.

2252

F. J. LISMAN & CO.,Investment Securities.

MEMBERS NEW YORK STOCK EXCHANGE.

No. jo Broad Street, New York.

Safe Steam Railroad Securities,

Paying rrom four to five per cent, constantly on hand,

Detailed description on application.

We mate a specialty of dealing in current and uncurrent Steam Railroad Bondsand Stocks, and revise the Chkonicle Quotations for this class of securities, and

will promptly answer any inquiries in regard to same.

TELEPHOft

2794. 2795 BROAD.HARTFIELD AND LIEBER CODES.

Cable Adoress:

FARBRANO NEW YORK

The Farmers' Loan & Trust Co.CHARTERED 1822.

NOS. 16, 18, 20 AND 22 WILLIAM STREET,NEW YORK.

CAPITAL, - $1,000,000 ooUNDIVIDED PROFITS, 7,000,000 00

The Company is a legal depositary for moneys paid into Court, and is authorized to act as Executor,Administrator, Trustee, Guardian, Receiver, and in all other Fiduciary capacities.

Acts as Trustee under Mortgages made by Railroad and other Corporations, and as Transfer Agentand Registrar of Stocks and Bonds.

Receives deposits upon Certificates of Deposit, or subject to check, and allows interest on daily balances.

Manages Real Estate and lends money on bond and mortgage.

Acts as Agent for the transaction of any approved financial business.

EDWIN S. MARSTON, President.TH0S. J. BARNETT, 2d Vice-President.

SAMUEL SLOAN Jr., Secretary.AUGUSTUS V. HEELY, Asst. Secretary.

WILLIAM B. CARDOZO, Asst. Seoretary.CORNELIUS R. AGNEW, Asst. Seoretary.

3AMUEL SLOAN,WILLIAM WALDORF ASTOR,D. O. MILLS,ROBERT F. BALLANTINE,FRANKLIN D. LOCKE,GEORGE F. BAKER,A. G. AGNEW,CHARLES A. PEABODY,HUGH D. AUCHINCLOSS,

BOARD OF DIRECTORS:JAMES STILLMAN,HENRY A. C. TAYLOR,D. H. KING Jr.,ROBERT C. BOYD,E. R. HOLDEN,WILLIAM ROWLAND,EDWARD R. BACON,HENRY H. ROGERS,EDWIN S. MARSTON,

MOSES TAYLOR PYNE,S. S. PALMER,CLEVELAND H. DODGE,JOHN L. RIKER,DANIEL S. LAMONT,HENRY HENTZ,H. VAN RENSSELAER KENNEDY,ARCHIBALD D. RUSSELL,P. A. VALENTINE.

Bank and QuotationSECTION

OF THE

Commercial & Financial ^hronicle.Entered aooordlng to Aot of Congress In the year 1904 by William B. Dana Company, in Office of Librarian of Congress, Washington, D. O.

VOL. 78. NEW YORK JUNE 4, 1904 NO. 2032.

INDEXTO STATEMENTS OF BANKS AND TRUST COMPANIES.

ALBANY, N. Y. PAGE.National Commercial Bank. 3336

ATLANTA, QA.Atlanta National Bank 3340

BALTIMORE, MD.Farmers & Merch. Nat. Bk.. 3 239Merchants' National Bank.. 3338

BIRMINGHAM, ALA.Alabama National Bank..... 3341First National Bank 33*1

B08TON, MAS8.American Loan & Trust Co.. 3235

BUFFALO, N. Y.Marine National Bank 2336

CHARLESTON, S. C.Peoples National Bank 3343

CHICAGO, ILL.Chicago National Bank 2344Commercial Nat. Bk. of Chic. 3343Continental National Bank .2345Drovers Deposit Nat. Bank. 2346Equitable Trust Co 2297Mat. Bk. of North America. .2246Mat. Bank of the Republic. 2245National Live Stock Bank. .3346Northern Trust Co. Bank. ..3397

CINCINNATI. OHIO.Fifth National Bank 3345

CLEVELAND, OHIO.Union National Bank 2243

COLUMBUS, OHIO.Ohio National Bank 1245

DALLAS, TEXAS.American National Bank 3342

DENVER, COL.First National Bank 2349

DE8 MOINES, IOWA.Des Moines Savings Bank... 3 24

6

DETROIT, MICH.State Savings Bank 9244

FORT WORTH, TEX.Fort Worth National Bank ..3342

GRAND RAPIDS, MICH.Old National Bank 2244

HARTFORD, CONN.Atna National Bank 2237

HOUSTON, TEX.South Texas National Bank. 2243

INDIANAPOLIS, IND.Merchants' National Bank. .2243

JERSEY CITY, N. J.Commercial Trust Co.of N.J. 2337First National Bank 2337

KNOXVILLE, TENN.City National Bank 2343

LOUISVILLE, KY.National Bank of Kentucky. 2243

MACON, GA.Szchange Bank 3340

MILWAUKEE, WI8.First National Bank 2244

MINNEAPOLIS, MINN. PAGE.First Nat. Bk. of Minneap... a 24 8Northwestern National Bk.2248Security Bank of Minnesota. 3348

MOBILE, ALA.Peoples Bank 3341

MONTGOMERY, ALA.Mer.& Plant.-Farley Nat.Bk.334x

NASHVILLE, TENN.American National Bank 3341Pourth National Bank 3341

NEWARK, N. J.Nat'l Newark Banking Co... . 2337Union National Bank 2237

NEW ORLEAN8, LA.Hlbernla Bank & Trust Co.. 2343

NEW YORK, N. Y.Bank of New York, N. B. A.Chemical National Bank...Farmers' Loan & Trust Co.Gallatin National BankHanover National BankIrving National BankMerchants' National Bank.Nat'l Bank of Commerce. ..National City Bank of N.Y.National Park BankOriental BankSeaboard National Bank...

NORFOLK, VA.Citizens BankNorfolk National Bank

223532343353223422342234223622352236223322362234

.3340

.3340

OMAHA, NEB.Omaha National Bank 2249

PATERSON, N. J.First National Bank 2237

PHILADELPHIA, PA.Central National Bank 3238Corn Exchange Nat. Bank ..2239Farmers' & Mech. Nat. Bk..2238Fourth Street National Bk . 2240Franklin National Bank 2239Girard National Bank 2239Glrard Trust Company 2238Philadelphia National Bk... 3238

PITTSBURGH, PA.Mellon National Bank... .3339

PORTLAND, ORE.First Nat. Bank .3349

ST. JOSEPH, MO.

National Bank of St. Joseph.Tootle-Lemon National Bk..

8T. LOUI8, MO.American Exchange Bank...Mercantile Trust CoMississippi Valley Trust Co.Third Nat.Bank of St. Louis.

33472247

2247224822472247

ST. PAUL, MINN.

Merchants' National Bank. 3348

SALT LAKE CITY, UTAH.

"Walker Brothers 3249

WILLIAM P. DANA COMPANY, PU3M3HER8,PNE 8T.. CORNER OF PEARL Sr. NEW YORK.

REVIEW OF MAT.Conditions in May were much the same as in the

month preceding. Trade was inactive, the seasonbackward, the volume of dealings on the Stock Ex-change small, exports of gold on an enormous soale (in

part as a result of the transmission of money to payfor the Panama Oanal and in part independentof that oause), while at the same time some further

large new loan negotiations were noted, indicatingconsiderable confidence in the situation and the ex-istence of a plethora of investment capital.

The gold shipments continued throughout themonth and were of really extraordinary proportions,la one week the amount sent out was, roughly,$14,000,000 and in another week over $15,000,000.The total for the month was in excess of $41,000,000,and would have been still heavier, except that

the stock of gold bars at the New York Assay Officebecame completely exhausted, and thereafter ship-ments were limited by the capacity of the Assay Office

in converting bullion into bars.

The Japanese loan for £10,000,000 was brought outMay 12, one- half of the loan being offered in Londonand the remainder In this city. The loan was at6 per cent and was over- subscribed many timesboth in London and in this city. It wastiered at 93} per cent and accrued interest,

la France the terms for a £32,000,000 Russian Gov-

ernment 5 per cent loan were announced. It is un-

derstood the syndicate gave 95 £ for the bonds, taking

£16,000,000 firm, with an option for the other

£16,000,000. The French banks composing thesyndicate received, it is stated, subscriptions pri-

vately from their ordinary clients for nearlj the

whole amount at the price of 99. Only a very smallportion of this Russian loan was placed on this side.

Another foreign loan which was offered in this mar-

ket as well as abroad (in London, Frankfort andAmsterdam) was the unsold remainder of the $35,-000,000 Republic of Cuba 5 per cect gold bonds of19)4. The price was 97, and these bonds also werelargely over-subscribed both here and abroad.The Pantma Oanal payments were conducted by the

U. S. Government through J. P. Morgan & Co. OnMonday, the 9th, the Gavernment delivered its war-rant for $40,0C0,0CO to that firm. The warrant waspresented and paid the same day— $25,000,000 by Sub-Treasury orders aggregating that amount, which orders

were deposited by J. P. Morgan & Co. to their creditin the specially designated depositary banks; $13,000,-

000 was paid in casd directly f roca the Treasury, and

the remaining $2,000,000 presumably catnu out of the

2254 MONTHLY REVIEW [Vol. lxxviii.other depositary banks. In tbis way trie operationwas carried through without effecting any disturbancein monetary conditions. On Thursday, May 19, an-other money warrant for $9,000,000, drawn to theorder of the fiscal agents of the Panama Republic, wasdelivered to J. P. Morgan & Oo. By May 10 the de-positary banks had to turn over about $12,000,000 ofpublic funds under a call made by the Secretary of theTreasury April 30. By May 25 they were required tosurrender $10,000,000 more of public deposits undera call issued May 11.As in the month precediog, many new railroad and

industrial loans were negotiated during May. A syndi-cate headed by J. P. Morgan & Oo. took $30,000,0004 per cent 30 year gold debenture bonds of the NewYork Central, which it is expected to offer to the publie shortly. Tbe Union Trust Oo. of Pittsburgh andthe Mellon National Bank of the same olty offered$7,000,000 of 5 per cent bonds of the Pittsburga GoalCo. The Northern Central R til way Co. (one ofthe controlled properties of the Pennsylvania Rill-road) offered $5,700,000 of new stock to share-holders at $62 50 per $50 share. The Consolidated Gas Co. of New York offered $20,000,000 6 percent coupon debentures at par to shareholders of rec-ord June 8th. The Virginia-Carolina Chemical Co.offered $6,000,000 of new preferred stock at par to itsstockholders.

Another important new loan negotiation during themonth was the placing of $37,000,000 3£ per centbonds by New York Olty.The season, as already stated, continued backward.

The Agricultural Department at Washington, in itsreport Issued on the 10th, showed the condition ofwinter wheat May 1 as being only 76 5,as against 92 6 on May 1 last year and atthe same time reported that about 5,000,000 acres(4,932,700 acres) planted to wheat last fall hadbeen abandoned and ploughed up. Weather condltions during May, however, improved, and it is be-lieved that at the end of the month the situation wasbetter than at the beginning, whereas last year therewas a steady decline after May 1.A very disturbing feature in the general situation

was the strike of the masters and pilots on vessels plying on the great lakes. Tnis almost completely tiedup water transportation on these inland seas at aseason of the year when shipments between the vari-ous Lake ports are usually of very large dimensions.There was a further sharp decline in the price of

ootton. For spot delivery the quotation in New Yorkwas 12-75 cents May 31 against 13 65 cents May 2, atd asagainst 13-90 cents on the 6th, which was the high pointof the month. The July option closed May 31 at 12-49cents, against 13 66 cents May 2. A development in thecotton market at this center was the suspension on May31 of 8. Munn, Son & Co., owing to the disappearanceof the firm's cashier, leaving the firm's books in a tangled condition. The Louisiana Purchase Expositionwas opened with appropriate ceremonies on M*y 1.

In the money market the chief feature was the con-tinued ease and low rates, notwithstanding the largegold exports and the operations of the United StatesTreasury in connection with the $49,000,000 paymentsfor the Panama Canal. We have already shown thatthese payments on the part of the Government wereconducted in such a way as to cause no friction in themoney market. The transfer to this centre of Gov-ernment deposits held by the banks in the interiorand a heavy return flow of currency from the samesections (the latter presumably due in great part tothe ii activity of trade and business) served in largedegree to make good the loss in money holdings causedby the shipments of gold abroad. Surplus reservesfell from $33,144,260 April 30 to $12,827,360 May 14,then increased to $13,004,276 May 21st and to $29,-

692 325 May 28th. Eirly in the month f-all money onthe Stock Exchange got down to the lowest pointreached in ten years, namely one-half of 1 per cent.The subsequent decline in reserves brought some im-provement both in money at call and on time, but callloans on no day were quoted higher than 2£ per cent.

BATE8 FOB MONBT IN NEW TOBK. WEEKLY.Call Loan*— May 6. May 1 3.stock Exchange—Ran»?e for week *4-l*< l -*MAveraee for week 1*4 I 7/*At banks aud trust companies V/i 2

Time Loans—Thirty daysSixty days 2*4Ninety days 2*4Four months 2*4-3Five months 3 -3HSix months a -3*<He v en month s 3*4;-4

Commercial Paper—Double Names—Choice 00 to 00 days 8%-4 3H-48lnule Names—Prime 4 to 8 months 3H-*H 3«-4*t"

Good * to 6 months 4*&-5 4*4-5

May 20. May 27.1 -2*4 1 -1H

2 1*6a 1*4

i>* 3 S« 2*42M 3 3* 8*43 8H 33* m 3 -a-8*764 8470-84^04 6476-84864 8470-84804 84H5 84764 8440-84504 8450 8« 604 8450-846J4 8170-84804 8490-84954 86 -85154 8510-8620

4 844 844 844?44 844 84

Documentsfor Payment4 84 -4 849a-

-4 84^-4 84*4-4 86-4 84(4-4 85-4*480

4 84** -4 84%4 84*6 4 84U4 84 -4 64804 84 -4 84804 84 -4 S4804 84 -4 84944 8374 -4 64654 8844-4 64*44 837^-4 64*44 8374-4S46J4 84 -4 8444'4 8425-4 61.854 .-425-4 f54 84*4-4 86*6

The stock market was exceedingly dull, the deal-ings for the month aggregating only 5,290,110 shares,against 12,467,588 shares in May 1903, 13,532,303shares in May 1902 and 35,292,203 shares in May 1901,the latter the period of the corner in Northern Pa-cific stock. The tendency of values was towards aI »wer level, though there were no serious breaks ex-cept in special cases—Buch for instance as in DetroitSouthern, oemmon and preferred, on the announce-ment of the company's inability to meet the interestdue June 1 on its bonds.

1901

VOLUMB OF BUSINESS ON THB 8TOOK BXOHANGB.Month of May- 1904. 1903. 1902.

6tock sales-Number of shares... 6.290,110 12.487,683 18,582,858 35,292,203Par ralne 1500,722,000 $1,166,307,900 11,255.313,000 43440.179.575

Bond sales (par value)—Railroad & misc. bds 137.626.900 {62.140,300 f62.432.100 1110,517,400Government bonds.. 97,700 134,900 86,500 186,900State bonds 93,000 68,100 90,000 251,000

Total bond sales.. 137,817.000 162,833 300 162 608,600 1110.958.300Jan. 1 to May 81—

dtook sales-Number of shares 45,980.4 ->8 66,779.192 79,828,671 166.260.134Par value 14,280,110 125 I6.d02.6j0.676 $7,634,439 876 #16,191,067 825

Bond sales (par value)—aallroad & mlso. bds.. (259.004,500 1283,746.900 $416,862,800 $556 1' 2 000Government bonds... 402.40U 647 760 415 700 1,115 070State bonds 806.600 318,600 l,*26.6O0 2,081,900

$569~298.970Total bond sales ... $269,712,400 $284.713 260 $417,906,500SALES OF GRAIN ON THB PBODUOB EXCHANGE.

1904. 1908 1902 1901.Bushels. Bushels. Bushel*. Bushels.

Month of May 43,688,000 43,847.850 56,533.600 66.700.650January 1 to May 81 804,764,260 807,062,800 296.647.660 800.021,800

2255

New York Stock Exchange.MONTHLY AND YEARLY RECORD.

The following tables furnish a complete record of the New York Stock Exchange transactions for the past monthand the year 1903. They need no extended introduction, as they are self-explanatory. The tables embrace every security(excepting only State bonds) dealt in on the Exchange. We give bonds first, using the classification adopted in theofficial list. As to prices the form is our own, and we think it will be found to contain just the facts desired by our readersand to present them in the most convenient way for study and reference. All quotations in the column headed•' Prices about January S, 1904," were made on that date, except those in italics, which are the nearest in January, 1903,The black-faced letters in the oolumn headed " Interest Period" indicate in each case the month when the bonds mature.

£gf For ^oot notes to tables see last page of Bonds and lasi page of Stocks,

BONDS—PRICES AND SALES FOR MAY, AND THE YEAR TO DATE.BONDS.

NEW York Stock Exchange.

U. S. Govt. Securities.U.S. 2b, oons.,reg Apr., 1930D. 8. 2s, oons., coupon. Apr., 1930D. 8. Ss, reg., small Apr., 1930D. 8. 2s, coup., small.. Apr., 1930U. S. 8s, reg. 10-20s...Aag., 1918D. 8. 3s, oonp. 10-20s..Aug., 1918C. 8. 3s, reg., small ...Aug., 1918U. 8. 3s, oonp., small..Aug., 1918O. 8. 4s, registered July, 1907D. 8. 4s, coupon July, 1907U. 8. 4s, registered 1925U. 8. 4s. oonpon 1925Philippine iBl'ds I'd pur. 4b.' 14-34

Foreign Gov't Securities.Prankfort-on-Maln, 3ks, Ser. 1..U. 8. of Mezloo External goldloan of 1899, sinking fund 5s..a

Railroad Bonds.Alabama Cent. See South'n Ry.

labama Mid. See Atl. Coast L.Albany A Snsq. See Del. A Had.Allegheny Valley. See Penn. RR.Allegh. A West. See Buff. RAP.Am. Dock & Imp. SeeCeut.of N.J.Ann Arbor. 1st, g. 4s..July, 1995Atohison Topeka A Santa Fe—General, gold 4s 1995Registered 1995

Adjustm't, g., 4b July, 1995Registered July, 19958tamped July, 1995

Debenture 4s. Series D 1906Series F .7. 1909

East. Okla. Dlv ., lst.g., 4s. 1928Ohio. A St. Louis, 1st, 6s. ..1915

Atl. Knox. & No., 1st, g.. 58.1946AtLCoast Line. lst,g. 4s.J'ly.l952Registered July, 1952Cuarl. A Sav., lst.g., 7b. ..1936Sav.FLA W.lst, oon., g, 68.1934

1st, g.. 5s 1934Ala. Mid., 1st, gu., g., 5s.1928Br. A W., 1st. gu., g., 48.1938811. 8p.O. A Q., gu., g. 48.1918

Atlan. & Danv. See South'n RAtlan. A Yadk. See South'n Rv.Austin A N. W. See 8o. Paolflo.Battle Creek &8tur. >8eeMloh.C.

altlmore A Ohio-Prior lien, gold, 3ks 1925Registered

Gold, 4s July, 1948Registered

Convertible debenture 4s..1911Pitts.Juno.AM.D. lstg.,3ks,'25Registered Nov., 1925

P.L.E.& W. Va.8ys., ref. 48.19418. W. Dlv. 1st g. 3ks 1925Registered 1925

Mon.R.,lstgu., g.,5s 1919CO. Reorg.,lstoon.g.,4ksl930Pitts. Clev. & Tol., 1st, 68.1922Plttsb.A West'n 1st, g.. 48.1917J. P.M. A Co. oerts

Beeoh Creek. SeeN.Y

•2*r>c> BONDS-STOCK EXCHANGE RECORD [Vol. lxxviii.

BONDS.New York Stock Exchange.Central of Georgia—yConcl'd)—

2d, pref., Inc.. g., 5e.Nov., 19458d, pref.,lno., g., 5e.Nov., 1945Chatt. Div. pur. money 48.1951Mac* Nor. Dlv., 1st, g. 56.1946Mid. Ga. A Atl. Dlv. 5b. ...1947Mobile Dlv., 1st, g. 5s. 1946

Cen.RR.A B. of Ga.-Col.g.5e.l937Central of N. J.—

June, 1904.J BONDS-STOCK EXCHANGE RECORD 2257

BONDS.New York Stock Exchanqe-

Ohio. St. L. A Pitts. See Penn. CoOhio. 8t. P.M. AO., oon. 6s.. 1930Cons. 6b, reduced to 3* ...1930Oh. 8t. P. A Mln., 1st 6s. ...1918North Wisconsin 1st 6s ...19308t. P. A 8. Olty, 1st g. 6s. . . 1919

Oh.Ter.Trans..g.,4s 1947Oh. td.gold. 4*8 1932Cln. D. AI.,lsts:u. k. 5s... 1941

Jin.Ind.St.L.AO. See O.O.O. ASt.L.Cln. Ban. AOlev. SeeO.O.O.A8t.LClearneld AMahon. See B. R. A P.Cleveland Cln. Ohio. A 8t. Louis-General, gold, 4b 1993Cairo Dlv., 1st, gold, 4s 1939Cln. W. A M. Dlv., 1st g. 48.1991St. L. Dlv., 1st, ool. tr. g. 48.1990Registered 1990

Bp. A Ool. Dlv., 1st g. 4s.. ..1940W. W. Val. Dlv., 1st g. 4s. ..1940Gin. I. 8t. L. A 0., Cons. 68.19201st gold 4b Aug., 1936Registered Aug., 1936

Cln. 8. A 01., oon. 1st g. 5s. .192801. O. O. A In. oonsol 7s.... 1914Oonsol sinking fund, 7s.. 1914Gen'l oonsol., gold, 6s. . . .1934Registered 1934

Ind. BL A W., 1st, pref ., 4s, 1940O. I.AW..l8t,pf.,5a.Apr.. 1938Peo. A East., 1st oon. 4s. ..1940Income 4s 1990

Olev. Lor.AWh. , oon., 1st. 5s. 1933Oleve. A Marietta—See Penn.RR.Cfleve. A Mahon. Val , g. 5s. .1938

Registered 1938Cleveland A Pitts. See Penn. Co.Colo. Midland—1st, gold, 48.1947Colorado A Sonth'n 1st g. 48.1929Oolum. A Greenv. 8ee South. Ry.OoL A Hook. V. See Hook. Vail.Ool. Oonn. A Term. See Nor. AW.Oonn. APas.Rlvs.,l8t,g.,48..1943Dakota A Gt. So. SeeO.M.ASt.P.

allaaAWaoo. SeeMo.K. ATex.Del. Laok. A West 7s 1907Morris A Essex, 1st, 7s 19141st oons., guar., 7s 1915Registered 1915

1st, rel.guar. gold, 3*s.2000N. Y. L. AW., 1st, 68 1921Construction 5s 1923Term. Almpt. 4b 1923

Syr. Blngh. AN. Y., 1st, 78.1906WarrenRB.l8tref.gen.3*s.2000

Delaware A Hudson—1st, Penn. Division 7s 1917Registered 1917

Alb. A Sub., 1st oon. gu. 7B.1906Registered 19066e 1906Registered 1906

Bens. ASaratoga,lst,7s...l921Registered 1921

Del. Rlv. RR. B'ge. -See Penn.RR.Denver A Rio Grande—1st oonsol., gold, 4s 19361st oonsol., gold, 4*8 1936Improvem't. gold. 5s 1928RloGr. West., lst,g., 4s. ..1939Mge.A ooll. tr., g. , 4s.,ser.A'49Ut. 0., lst,gu.,g.,48.Jan., 1917

Rio Grande So. ,gu. SeeRioG.So.Den. ASouthw.,gen. s.f. g.5s.l929Des Moines APt. D. SeeO.R.I.AP.Des Moines A Minn. SeeCh.AN.W.Dee Moines Un.Ry.,lst,g..5s.l917Dot M. A Tol. See L. 8. A M. So.Det. A Mack., 1st lien g. 4s.. 1995Gold 4s 1995

Detroit South. 1st g. 4s 1951Ohio South. Dlv.. 1st g. 4s. 1941

Dul. A Iron Range, 1st, 5s 1937Registered 19372d, 6s 1916

Ool. So. Shore A Atl., g. 5s... 1937East, of Minn. See S. P. M. A M.

ast Term. Reorg. lien. See So.last Tenn.Va. A Ga. See So. Ry.Elsrln JoL A East.. 1st g 5s.. 1941Elm. Oort. A No. See Leh. A N. Y.Erie—1st ext., gold, 4a 19472d, ext., gold. 5s 19198d, ext.. gold. 4*s 19234th, ext., gold, 5s 19205th, ext.. gold, 4s 19281st. oonsol., gold, 7b 19201st, oonsol., gold, fund. 7s. 1920Erie, 1st oon., g., prior 4s..1996Registered

1st oon. gen. lien, g. 4a 1996Registered

Penn. colL trust, g., 4s 1951Buff. N. Y. A Erie, 1st. 7s.. 1916Buff. A S. W., gold 6s 1908Small

Ohio. A Erie, 1st gold 5b. ..1982Jeff. RR., 1st gu. g. 5s.Jan.,1909LongDook, oon., gold, 6s.. 19350.*RR.Oo,lstour.gu. 6s. 1922D. A Impt.Oo. 1st our. 6s. 1913N.Y. A Greenw'dL.gtd.g.58.'46Small... ......... ...........

N. Y. Sus. A W., 1st, ref . 58.19372d. 4**B 1937General, g., 5s 1940Terminal, 1st, g.,5s 1943

Reglst'ed, $5,000 eaoh.1943Mid. RR. of N. J.. 1st, 6a... 1910Wilk.AEast..l8t,gtd.,g.,5s.l942

Erie A Pittsburg. See Pa. Co,

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8ale$ inMay.

Par value

921,000

Price aboutJanuary 2,

1904.

15,000372,000

15,000

125,00010,000

Bid. Ask.1301*9**

130ia128*4120%

/ o ••no\

93,000

8,00016,000

20,000193,000

20,00027,000

6,00011,0001,000

1,000

50,000

ii.obo40,OO«61,000

2,000

10,0004,000

2.00

1,00.

1,000

4,0003,000

21,000

2"28,obo

216,000

36,000

53,000

1,000

1,0001,0009,000

9,000

95i«

96*95i*99i«98i*

9503

100100

llO*121%

111*

115i8

6387 Sale

112i8128ie 130*130*

nxtH

112* 114

96

126

100*

93%

126%113*114101 .....109*

13659

1075a1073s105* 1061043a141*140

98 Sale104%/02* /q?*93* 97

84*

itf*

98*

9694 Sale

7484

/// ///*

108*

114 115

1091125aill*113*1141*101* ....13259....130* ....96% 97*

84* Sale

90124%

90k

117*101129%113Ill's10759

109*98102* ioi"112*

110%105*

PRICES IN MA Y.

May 2.

Bid. A$k.132*13395128*130*122*••• o J.111*

101

110*

100* 101loii*

95100* Sale

101k93 10095103101 103

111*

127

96

ioT%

115*

60

618459 Bale

11088 111126*130%12934

1293s Sale114 114k100107*

134*

10559

1033i

138*137*

98* 99106k

105*1069559 Sale

96*94 95

79 82110* Sale

109*

115

113 115108* ,110100132* Sale130*9859 Bale

87 Sale

90125104

90%

116* Sale100132115*112*106*

110*99101113*

llO'g109