of lincoln trust company - library of congress...res of common this in the quarter of is,i, inthe...
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![Page 1: of LINCOLN TRUST Company - Library of Congress...res of common This In the quarter of is,i, Inthe busl-rotto- n neaa months more to firmly. Print cloth! strong, If iienctt the time](https://reader034.vdocument.in/reader034/viewer/2022050107/5f45353b5ed2545dbe573b74/html5/thumbnails/1.jpg)
PUBLIC'S INTEREST
IN COTTON GROWS
fftfttj Speculative Bnyinir Re-
sponsible for m Slump
Advunce.
GOSSIP WALL
Improvingcomparison
WEATHER IS FAVORABLE ' no Particular reason whyshould wish to aell tihln level.phe aiock on the hi break InHaven gradually Into very itrotig
Cotton ve further reflection There was tni It thinay of the bullish which aprlns 'n the middle flftlea The atrangth
t,n gaining headway for t week of New Haven now la due to thla, ,t I. ted at a net if II to 24 of oivnerahlp aa much aa anything elaer.,:iit At times mere ' nn inr ii
"" " runaway nun murisei, mm
had it MX been for mormouf llrptUla-- l
KM b btiytfl f 'he Inst two or three,l,.yj the advance would have proceededMich further.
The technical position of the marketHtml to favor a further ImprovementProfit taking has been on huge scale,nd opinion la on the side of n further
I'onseiiuently moderate reuc,,,, are likely to be srlted as opportunity I ' n'lirura
Thover
MARKET.
MARKET.
BALTIMORE MARKET
STREET.
listen
couplewaa
earnlnsrsnow make
wandevelopmentthe eacrlherl.
company tlit
hold.ruaroOBd
paaaedyeater- -
aentlmentthe change
Pennine
advance
u
Oitporatlon'spuhllahed to-d- a
winof earning
theemmatlng earnings
beingchirged depreciation
weather traTJty favorable pUn , ,.Hnil,v Hou,hlv ,the entire belt an.l the ast ,,, ,r vear
Bolntl to a continual am o, m n ........ .ay the I'nlted Utate, steel flx. chargest urn-- . Numerous , ..tnpl.iliite. nowevet. ,h. on preferred stock andr, pouring in from all or the fP ohl,r,, for deprecation
l prodlCtlOna Of a crop fro,n Ho.ooo.Oon II j.iMiil.duO.,00( bale are circulated larger ma be a little under
At a matter fact no one has a tn(, fl,l0 be recommended hv theIdea a 10 the slae of crop owing I committee thla In
radical reduction In acreage, the rli sit and currentiharactrr of the land out. the year the company failed earn its
l" of fertilizers ami dividend In full, netitnpalrtnri ' In their being about $ l.ooo.ixio
V M) ale the and nie the tL'T.iiic.OUO. respectively. In the thirdtrade are Impressed bullish or current IttartOf ending Heptembet 10
naaa of h wllustl.in a very different tory will tie told There.aim analysis necefsarlly u every reason believe that the earn- -
out value. The chlff thing con- - logs the for any quar-- .
,d now Is that the ' ter In the hlstorv the company.bgillth and that no unwieldy huld'.ngf reach I45.do0.ntin sum of the
controls menace an advance. .net earnings for three-quarte- of theI0M of Southern iot market! i! year will be approximately the
st s-- nnd sale! aie liberal. Texts , tne charge! of the whole yeur aheada report Indications a big ihort f the stock will leaveInterest "pot cotton Heptenibrr p other word!, entire ml earning!shipment ,
' the last the year for theTradi advices are optimistic. on- - , common stocK. anti as tnere no s;an
., rtpoitt further advjncve in Df anv letup corporationarne. with Southern aplnners for eighteen or
holding very also rome the result might easllv b- - 10 per-ar- o
reported although trading e,.nt. or more on the stock for the yearor.'v moderate. in spue or tne lor t'ie nrst six
Futures closed tlrm. months. At present theOin Hlh Low- Clof Prer sto'k appears to earning at the
itif eft est inf close rll, or ovor ;o per annum(Vtnher a M 2 J5 IfS IS J52t! It require a vivid
; ; n.fl 5, S agination s.e that net result bet-
Usee? mis II e 1" 1 11 oifSl t Ti ter year.'II e 11 a 11 ST
; cotton at New York was quiet.J(i points advam-e- . Middling. MOe.
,,uthern mfiketf were unchanged.poiim .ilgher. with New
l.ltc, t!a'.vston 9.90c. SavannahI'.c MOc., Augusta .I5c.and MompaUi 9 3c.
Th. New Orleans
II 10
ft id) I'r C4H1 wereOpen Hit h Low- - Clos-- Prer.ln. eft eft lug m;.
fjetoher TH In In 7 It) nfii la 1" M(I KBecTmbrr in n 10 47 10 17 M ttfltn.ts M m i
Jin lary IDM 1(1 1.J1 10 01 In 1.'. 3'.
The Liverpool market opened eteady.There was a good buflness In spot cot-tp-
with middling I advancei :.. Sales. l.'i.ooO b.nles
PrKsM t UI!rpOi '.osed trtrj steady.Open Huh Iiw- - Clot Prerin est eit. int. eloee.
et Not I si b Kl 5 " '--'
jai. rb s.f cm is vh Jt,Mar Apr M 10 t 06 Wa !1P
i:icv.n A M bidf to Liverpool were:October. lti.tiSe. . Januaty. 1".H I'll, 10 due niake a
it nature oftv pen . to higher.ReooipU nd stocks were
gth etonNf w leansSuvatinahChariestonNorfolkWilmingtonMobile
ileilcr stocks receipts
HnntonMtnipiusAd.' astaIt l.oUlt
Heell'tsI 4UI.M!.'
OH
tie111
317
andLast
1471.15
year
UlSill
:
l were
UK
l.att4.1M
tji)
year
17 311
Einmalnl portre. eipls
dsbeston t.'ts) TJMKe Orleans .. 1.910 10 LW
vprts yesterday.
were:
Il'sif,Pneu
Pfl
n.ary
ccititi
Open-
Imi
market
points
market present
wi.iiih;.
.OH
II
SlnoktI"".
:.7.i7tM.m10.037
seek
IJNhales.
season, bales.ft It 16.171 bales last year.
THE COFFEE
Lastyear
l
:.7T.l
37.'OH
13.11!
Til
thus far this
Good 11 u (Inters at HHttbllriI nder laki'il Prices,
T .e volume of bu. .nes coffeefut.'e- - was small yoatOrday
ii but theie appaarod to goodI" 1 order! slightly under asked1
te Tile advance In Rio exchange onLondon more or leis Influence onIBs Lrsdarf The strength In the Bra-- :
cables also had a goodRto t vi quoted at 41900, and Santos;
.'.$fiiiii. Stock Itlo sh(.wed an1cr of , bags as compared" .. I ptombor 8antos
21,000 bags Sao Paulopostt a total tt.OOO liags, and Jun-- i
t itallodRlO KxcJvange London was ad- -
Vf .'l to lT eg
High Low. Clot- - Prev.est eft. inf. cost.
IfSISI t il5 f 05 .05O'.t.er (.10Ktvftnoff .... .... i..) .. li t.ll t.llI.Str ..!. g.M
R. I 17 6 .94 I ,1prli 3
My , 47 I 43 I IJ 6.41JUtie ... ....Jul) 6.41
THE CHICAGO
rn Sept. I, - Trailing againlhrnted in tuis market. Quaker Oata
niada a further gam ofpoints BS! r Roebuck and Chicago
xlao showed substantialInprtn Union Carl'de and Booth
' ee ofarrad were easier. Swift
Bondad
won
II Am Pan ul
131
Re
demand around 120.iUl( Ti.e summary ;
Oih-- High
sin si.inrcillil .! fnh ... 71
Tool nilK '. .117
' Ml I M
ii in samI) nil Wrl pf.., i
g- parbon I4MIta iSH
Qusker iiattVj.s-- r list.
. Hoebll.'k. ,lltil 't Warner
h listUnion Carbide itnU
BOMPII' ' ' n. Itvs 11 1014J Mel 41
' aerv :.t tIwill 5s K
THE
Rati
IsltiI (
x
nI'll.
:
r,.
f
.Jll
atin
to
:;7
set
7S3
II
imi
UVM
Wire
Ml
o7f
ye.ir
ts'
the
be
pnhad
III
rs-- !of
on
tlDt fti
!'
waa
20
io)
"ii
est. eit ins.
pfIM Ch
i.ni "in
pf ill
i.isIt. IM
id. !"4ssti
I" la
iMoag, Nothingmarket
ivrie Meady. sum- -
lagI ol I4
i. II s Prea s.Tip S'Mi v Ti list li'ti ,.. r a p t
aVOnd Oil a ilt
( e
Ml IN IM
aV .. vjfc
P.
it 14vv I.
lltl K,
all4 Kin Is -
" I' l 11
fe It .
X 10 1
lsk
is
'..
A
1.
Mw
7:.
I.
:t
.:.ei
4-
er
f p
I
n
ji7t7i
137H
IM117
llliI
104
estiu
Us.",SO
litM
1314si''B
1IW14,ll"1 ,)tu?!
Sii79IM
13!w.
ill12
lt:s,1111,:vlot
Ml.w157V,
49
r. :
Kept.stock
Power
BOND
Low-estmin. i,
SO
lfei!
tiillBjio.I'OI,M
ita
47c;
?i
II
Last
IIIS
LastyearMM
To
In
4s at
dK
(15
34
644
Low
,old
71i:113
u:ItJVi114
Bi18H4 S
l.l'157V4
7075
0. of In-l-
In HieThe
pjr
ISe
HI
nit
rin.ins
''t10. ,so
111
Hlti
l( V,100
fit,an,
OF
Nr Better.New Haven was one of the atrortgeit
ftoek! on tha Hut. It n..l iharplymid .old within n of poInU of thehlh of tha year. Trading notheavy. Ttht New Haven haveheen eteadlly nndexcellent with those of ayear .ik Flut there really no new
to WMoh the movement Inatock could he The etovk
may he aald to be advanclna; on generalprinciples The haa turnedcoiner, Ita trouhlea are over and there
fold New
handi. heavy srItaa
advance
Steel I a r ti it m.
Clark. Chllda A 4 aav of Hteeltonnage llgurea to be
: "It l fair to expectmat tney to renewed dlacua-elo- n
the current of the con-cern. In the current condition of
activity of plant the matterof ia reasonablysimple, the chief point of uncertainty
In regard to the amount that Isto be off
isf.ue, rP,lulr , Ma to
ddividend the
section tRnnftaround of to Thefreely amount
of clear tothe executive eir the
10 fecund quarter of thethrown to
hc use the ftrred theuuality. quartera andrank of
with thebllltlM preaent
(n,l wirn- - toto be may be greatest
Just temper of Ifthey the
ofThe amount
res of common ThisIn the
quarter ofis
,i, In the busl-rotto- n
neaa months more tofirmly. Print cloth!
strong, Ifiienctt
the time com- -
tnoii hep,r ,Pnt
aJ and does not veryto or
jaTTfJIf the comingJtv
spot11 10
Houston
clcsed
at
points
Or
rjnt'..Ja
market
SI
stocks
U
ft
Clon-ing
sicb-
If7!
l:
shown
lim-ited
likely
So IH I. No.,
Enthuflastlc reiiorts regarding thelarge and profitable business being doneby the I'iftlllers company have neenheard from time to time company
'during July and August wotklng atcapacity on war business at a lime whenunder normal conditions the plant If run j
at 11 loss. The tremendous lmproe-- I
ment In the company's financial stilushas also been dwelt upon. AM this hairaisesl stockholders' hope that theywould be allowed to participate In theearnings In fact Mini Official Intima-tions were received that a dividend was!likely at an early date. It Is now saiJ.however, that 110 divl lend will be de- -dared at the forthcoming meeting. Moteconaerval.ve members of the hoard areagainst such action until they see theirway clear to eetahiish the stock upon a
' regular annual dividend basis.lis no doubt of the company's ability to
the time.tln-r- e5c The - but would only lie the.
effect.
.
If.,
till
II
High
li
70S
aah
the
lead
for
the
for the
for
for
was
There
"1 dividend " Declaration of this kindare nut popular and are generally bad)Hl!cy. The more conservative membersOf the bogfd bellOVf that the money canbo used to better advantage by redeem- -ing a portion of the 5 per cent. Itotidsnnd by Increasma workm caiotal It is
i.ili believed In well informed quarteie that!thlf opinion will prevail w hen the mnt- -
(
IKS
The
ter comes up for official discussion. Thebonds are now se'.l.ug around 16.
CHILE BUYS E0LIAR EXCHANGE
Tsto 4 opprr I ompanles llprnKlnanclal teucles There.
j The Braden Copper Company an.l theChile Copper Company, both of whichhave properties In Chile, have announcedthat tuey will establish financial agenciesIn that country it :s believed that these'agencies will do much to facilitate thedevelopment of dollar exchange !ri Chile.The agencies are to be situated In Val-paraiso, the commercial centre of Chile.;and will be under tne mitiagenieut ofII. Ft. Wugm ., resident director in thatcity.
Ieopold Frederick, trsafUrOf of both ofthe companies, said v.stcrday that anexcellent market for .hillar exchange hadbeen created In 01 lie In the past fewmonths. A large part of the business ofthe companies is now done in dollars
of in sterling drafts, as was the'customary form of settlement. Sevemlfactors have oontri'mted to this end,among them being lower discount iate.itIn New York than in London, the un-- 1
preeedented fall In sterling exchange andthe opening of aOOOimtl in the 1'nltedntglOg by (ierinan batiks tftabllshad In
' I hlle. which have been prevented by the,war from dealing through London
WAtRIWnTOM sent i - The itstemtnl ofre.eit.ts and .lishurtenients of the Treaaurythowti
Sej.l I This mo Fiscal yrReeelnts IS 'Ji '4 :.' ".' I"3 llll.14l.0TIDitbiirtementt I.K6.0ST ll.TM.M4 l5i.l&B.Su7
Surplus I Pit 'I7 ILStisii W.T14.1M
IlefliilTin recelpti from euitoail Seiiiemher
were 147,1 is!",: from lnteri.sl revenue nntinaryto IS'. corporation ttix. I47.t:. and mltet.
Isneous. ItU.ltlNftlonil bank note! re.eived for redemp-
tion. I70M79Tlie cath ittlenient of the ! tilled Statet
Tresturer for September t thnwt;tiENKRAL FI'ND
i;old i oln 046 r i u(iold eertlfleatea S7 ,is S
silver dollars 17. '.4 794- -
Silver oertflcatct T.T9S.SIJ1'nite.l Ststet notes t.ntt, 40
Certmed eheekf on hankf iti oioNational bank notes 3l.6sS.3l3Suhtidlarv tllver minor coin snd
iilver bullion SS.r.oi,oiit'aah I" Tresfury ITI.ttt.oHIn national banks M.1IS.1MAvslltble OXM m Treasury and
bsnkt I44.TI4 SM
Ileduel eiinetit linhilltief 1s:i on
Net balatue in renersl fund 51 ,71RK8ERVB FI ND
(iold coin and bullion Blt,W,0lTRUST rUND,
To redeem outltsll.Ulir (srllH. stet 1,74S 1M I6S
i.raud total cath sftelt 111 Tieusury l.lOO.m.TII
live Btofk Market.THl'HSDAV. Hepttintier I.
neiellitt ol l.eevet Wert it 7 4 lieail. sllror sialism". m
Tht feeling Wat rated ttt.olv.About S3 can of cattle etpected for Fri-day's market. Including the cattle helduvfl Wtdnrjday. I"rete.l iir .'..wat last quotttlnnt or at l:'4,14V,c for
"1 shell s native tidesHtitl'i . ctlvtt were 97 head, lu-- I
lulling' 47 for the market. Very llltltInunlsv for live ctivtt and the few alet,.,,,.. I uere St 1 0 41 1 S SO per 10i Ihlfor ordinary to prime veals (itlisr ealvstiiomlnai Orssssd cslvet ruled quiet at140 I1' '"r elty dressed vrtls and 14 IS
1. fur iiniiitry dressed.Ke elptt of sheep and Iambi were 11
beat Including 4", csrt for the marketPrbet were itesdy for both sheep andIstnliM. C'lllimfifl M gaol shssp sold at
( r.n per 100 lbs medium to primslambs at It 7", a v So. culls st If. IlfIt f0 Ilressed mutton tlnvv st llloper lb sliii hel'-- wethtrs etcttdlugqUOtationti rtrtffOd Ismtit In modorsttJt Miami tt 2 fj 15.
Ktctlptt nf host were l.Sir. head. In-
cluding it bon l hslf a ear for tht ttiatkttKesltng wesk and cnnqsrvwllvs quotationswere ! per 10! the for heavy lulull bog-- , roughs. 1 6 30 4, t 7.1.
ATIS
AT
THE
si,, in .... rl.is InWheal Keellna- - 4 hanHeil.
Home of the large oeratira In thewheat trade took In their shorts yeater.day. There w us buying at Chicago cred-ited to the CMIfgl interests, whlithwas placed at close to 4.000,000 bush-els. It can be stated thatPatton haa :. " ti.'.i his learlsh vtewoas to the waa runted levels nf the listHe contend that Interior millers arehaving somv dlfticul'.y In fecuruig; theirsupplies ami that the winter wtieut cropestimate of hualiels, aa of-ficially given on waa a de-
cided He aays also thatthe aprliu; wheat movement will be caredfor rather easily for many weeks tocome.
There are virlous other authoritiesIn the trade who have coveredtheir shorts, and In instances haveadopted a position on the long side.
Wall Street traders are tohe numbered among these The asset-tlo- n
has been made tltat the winterwheat yield will not reachbushels, and that, due to Its Inferiorquality and Uw
of mills, the surplus of all wheats Inthe United Sta'.s at present Is not muchover bushels.
The undertone during ses-sion was quite strong. Somehouse longs, who Insisted thai the le-ctin QoVf mmfnt report warranted lowerlevels nt this time. quldated and therewas also lie.ir pressurewith the he lge selling under which lossesof one and two cents a bushel occurredThe decline were again heaviest at Win-n'.pe-
It If that Canadianfarmers aregrOSrtra Superior qUSntlSi of .Manitobawheat are about five cents under thebanis of American springs an neatlyIS cents under the price of bard wheatat the Gulf.
All of the markets closed firm, how-ever It was evident that millers were
much gupporl by urgenti)taking cash wheat and fututes againstlarge fluir transactions for domesticand foreign account. A big concernhere Is Ofsdltod w rh having sold aboutI ilo.nnn barrels of Hour very recentlyto tliee.e. s a result of this
of actual wheat, In thespot 10 in:eetnai, ....:. a vet y
a bushel I he in. iterate to heavy stance tine nt two salesshow. rs in several and spring made at 144 a f. o b
tallug effect on values.took about gOO.000 buahtlg
of wheal iticluding a fa.r.t moil tit of durum at DtllUth The useIII the foteign exchange market vasregarded by some export'ere A feature of the foreign news t.nthe emphasis given to the poor start ofthe Argentine crop.
Cam The support camefrom shorts. cons. deration ofthe report failed to alterthe view that the official show.ng wasabout as expected. There were furtherscattered rains in the bell and somewhatlower but no Indication offrost. 4'ountry selling wastaken ao that the list dosed firm A-ttention was attracts. to the heavy
from the fortho week balng estimated atbushels.
' lati Although tlieie wh.. no inipot-tan- lexport buying during the day the
market was ve-- steady. Most of thebuying was has. d on the assertion thatthe ( crop estimate wasnearly bushels utder
of the optimists Themet with country selling, which
was liberal In the aggregate, dftpltt theunsettled weather In the West.
Provisions Values were lowered, dueto In the near ivosltloiis andOn the gib OS IH1 Of support from the out-side trade Not much attention wasgiven to the higher hog list or to theteMirts of a betterment in the cash de-
nial d for meal- - and fats.Chicago prices
WheatI leoeoibei
y
CornSeptemberbl s.nib. rMay
la!"ember
lle.f llltferMsy
I'm K
ftepteniberOctober ...
l.xr.lSein mberO.- -l nhel
RibsHepteniberI., ...h.--
iei
Open
I'91'.
mU.M
i.ii7
inneel
9CI,
7ltle- -i
i(iSt
sMIt SO
I 16I 17
7 IA
6. IS
Ixiweatmibju91
MBmkUS
II MU.M
Na York prices were :
Mil
S MI 07
7 tr.
Open llfhWheat: log eel
September
Clos-ingIlkMw
1IV67
M
MI.0T
7 95
lvwell
fi
!'.
IT-
I 10
1.16
i.o:1.13
Clot
THE
Itsvr fairly Steady Heflned WeakAll DF,
i'irnin,, fwife. . ...morning 56.000 bugs to Warner
i'o ami beileral ntigar iveumngCompany lit 4 4a. the nrternoon20,000 tons raw! were sold to Warner 4IV)., the company and theAmerlcuti Hugar Kcflulng Company at4 II,
Refined sugar market weak allday. Kedetal Sugar quoted 5 .'10 for
prompt shipment. Alllilts quoted 5 .'. Warner
an.l Arhuokle at .'.
Federal price ati 30 outa statement II t they would announcesomething at & o'clock. At this hour,however, that all action wouldlis deferred until the morning Thesugar futures market at the Coffee Bgechaiige opened quiet and closed apoints higher.
Prleee were :
1, tabor.Mnvembari emberJanuaryi i. bruary . .
MarchAprilMsy.......Juns. i. . .
B.B
l.6
lie
gu
7.13
7ni,
was
other
When
High- - Low- riot- - Preveel lug
S 1,1 .1 Ml 1 .1 3 413 i, II 3 4& S
) II 3 33 S 33 l.lj3 20 3 it I 17 I 113.10 1.01 S ol I 07
I I 01S 01 3 63I 09 8 67
I II I 11 I II Ii it s it
i it
FRIDAY, SEPTEMBER 10,
LiwffwrEaaUfTwnM
Vie
Down Town Branchof the
LINCOLN TRUSTCompany
FORMERLY BROADWAY ANDL1SPENARD STREET NOW
LOCATED
346 Broadway
NEW YORK LIFE BUILDING
GRAIN MARKET.
IgfWOII
authentically
659,000.000Wednesday,
overstatement
apparently
Prominent
600.000.0iu
pindigioua requirements
IM,ffM,gMyesterday's
commission
Intermingle
undisputedunderselling Amoiionn
furnishing
absorp-tion premiums
Kxportereyesterday,
encouragingly
principallyOvernight
(Jovernment
temperatures,gradually
Argentina, ihipmentl1,000,000
Joverninent's100,000,000 ex-
pectations
liquidation
leptsmber
SUGAR MARKET.
Pennsylvania
granulatedcompanies'
yesterdayannouncedrepresentntivea
Heptembtr.
July.."....
THE SUN, 1916.
STEEL ORDERS EXCEED
CAPACITY OF MILLS
Record shipment Producer!of Sf met urn I Shape!
Ma kin: Btfla
The flood tide of busincaa In fteella running strong and full. Productionwas never s0 great, shipments ure iec-or-
breaking, an I ordeis ate In excessof caparlty. Some of th- - oversoldmills In both eastern and western a
are unsuccessfully trying toborrow, beg or billets from theirneighbors.
The one new and flfnlflcahl featureis that structure! s.iape 'n iis are i.r -
' duclug round bars In an effort to re- -' Ueve somew hat the tremeniKiut pressure
from manufacturers of war imminentKroin the standpoint of profit this is a
j natural development, aa bars and shapesI for structural purposes will not bringover lL. cents a n.iimil while Mhel:bars command 3 cents a pound or
This Indcat.s that ordinarystructural work rest for a while
fabricator! must meet the manufac-turers for projtctlles in competition forplain steel. In this connection lafound an explanation for the sudden
land sharp falling off fabricated'steel ordorg IB the last week. markedj to the record breaking ealreof the last tixty days.
The Insistent demand for steel forthe manufacture of war munitions was
.reward..! yesterday by the tecutiiig otabout M(0M tons more of blooms sndbillets and some few burs from RaatOrtlmills. A few shipments will be madetills ear on these contracts, but de-
licti ies are mainly reserved for the nrstf. w months of next year. In In-- 1
forging blo ms .tie sell.ng high, tmaiKei ruse one
cetitaunusual tircum- -
f blooms werewinter ton null These
tore of 4,000, 000 mora explosive shellsIIt! money value .f which, when loaded,la between Iff,000,000 an I ITS, 000, 000Bach 1,000,000 shells requires about000 tons sleel
the central West agriculturalmanufacturers, railioad ahopa
and pump manufacturers have takenorders for a.f.0ti,(ioo high explosiveshells and Inquiries are In the market for
,000 tons ,,r billets snd barsrequired The HVdraMlllC PressedCompany Is in tht market for 11,000tons of round bais, half of whichIs COVtr another prospective contractfor 1,600,000 ihraptisl shells; thatIs. In a Mltlon to the contrail previously
f the largest companiesare much ronosmed over the prospectfor the future supply of ferromajigaiiesa
"the magic powder converts IronInto steel," so to speak. Although therewus a large increase In the output of
.domestic fcrrnmangatiese last month tntol al production sli nrei or Januai ywaa only about 1,000 tons sreater thanit waa during the corresponding periodlast while this year's needs aremuch greater Pomestlc ore productionis reiaiiv.lv of small Importance.
In normal times this country la de-pendent almost entirely upon shipmentsof ffrromatiganeaa from Qormuiy ami(.at nritain thf ore comes mainlyf i lt.issla, bul there is also a fair
Prev supply from India that Is availableTh'0 " Of COUraa we have obtained
2 an Inadequate supply from Qreal( Britain. The HethiHiem steel Company
67
IIS
44
of ail.-.,- mi s DonnSCUUn IllToad la fil- -vorsDiy lltuatea, and recently receivedtwo ciiigoes of 1,000 to 6. noo tons ea. tiThe United States Steel Corporation ismanufacturing ferromangansM fromBrailllan urea as grail n.s from the do- -niestic produ i. Tim Pannsvlvanla
H ' 'ompany
lot
4n
Arbuckle
set
Contrast
ofIn
reported
tne
i. .citing ores obtaltosl fromCuba and from Kruxll and also a smalloutput from Virginia. The Hriiilllanand Virginian ores are controlled byBritish Interests anil the contract forthese ores expires In April Ite.entlvthe British Interests have tried withoutsuccess to back their contract fortha ores previously sold at a premium,but when the oontraot expires it is ex- -
I ted that most of this ore will go toItireat Hritnln Small sales of Britishfsrromxngxnese been made re
Icantly al to ino t n n hiu.mora, subject to the possibility nfirom me.,!,, faisiv I mmm omer sin.., which may
ms ruv eu. . ' niean little or no manganese for theSte.lilV-the
anuIn
soldtheir
gave
they said
.
eloee.
41
07
16
Lis
buy
more.must
or
InIn
some
again
II,.
steelSteel
steelto
steel
steel
that
year,
Biaatl
buy
havelio'i
ahln- -
purchaser Some of the domestic steelcompanies are asking as high as 10or even higher for fet nunaiiganese de-rived from foreign ores Temporarilythan will be an ample supply, but theprobability Is that prices will furtherad van 00 aa the eupply prove! Inade-quate. ft
The Baldwin Locomotive Companywill build twenly-flv- e compound ocC4SIO
lives for the aragoza and AlicanteCompany nf Hpaln The Chi
li ago and North western Railroad Com-pany has virtually closed contracts forthlrt)T"fOUr locomotives The Illinois
central Is In the market for nftvI Mikado locomotives The Norfolk and
fOwjWaglani Is Inquiring for prices forllwenty-rtv- e eng'ms The Illlnnla Central la expected to order 4 000 freightcare. The Chicago ami Northwestern isreported to have closed for 300 auto-mobile cars and la preparing to order1,000 freight earn. Tha Bangor andAroostook is said lo have ordered 100and the Cuba Company 300 freight care.The Huffalo, Rochester and Pittsburghas contracted for steel underfiamea with th Pressed Rtssl Par
Reorganization of International Steam Pump Company
Henry R. WorthingtonAND
Nolly Manufacturing Company.
TO HOLDERg OPFirtt Litn Twtnly-Yft- r Pivt Ptr Cent. Sinking Fund Gold Bond!.Prtltrrtd Stock end Common Slock ol Inicrnttionil Sunn Pump Compiny,Prtlerrcd Stock of Mtnry R. Worthington,at tndPint Mortftit Pivt Per Cent. Bondt of Holly Manuitcturing Company:
Notice it heteby given tint tbe I'ltn and Agreement lor the Reorganization olInttinstiontl Steim Pump tiimptny linrliulitig Henry K. Worlliinglon and HollyMrnultcluring Coinpniv), dtled Aiignm 5, (I5, wliicll hat been speruved sndsdopied by the llondholdett' I'rotective CommlltSf, of which (,'hftlei II Sfbin it.htiimnn. by the Stockholder!' Prolectirt i otntnitttw, of which Lewit L. Cltrke
C t htlrmtn, by the Protective t oiiutiittre rtpretenting I'referred Sloek ol HenryK. Worthiitglon. ol wlnrh Kobett II WoOOWfrd f. I hairnien, snd by the
tonimiltee tepreienting Fief I Muiigage Kie Per lent. Bondt ol HollyManultctaring tompmy, ol which ti Rtrmsnn Klnnlcoti it Chairman, htt beenfpproved tnd idopted by the andtrfigaed, wi,,, have been coiiltOuted a Joint
CammlttM Iheieun.lei. I oiues thereof hive been lodged withL'ompiny pi New Vmk, the llepotittty under the Pltn.
Ilolden o( Fiitl Litn Twenty-Yet- r Five Ptr Cent. Sinking Fund Oold Bondtel Inttrnttiontl Sitsm Pump Comptny, wlm hive nol altenly depottted theirbondt with tnd Uondholdert' rtutectivr ( emmlllet and who deiirf to otrticipiteIn tsid l'ltn tnd Agtcenient ol Reotgtinilinn tnd tj hecume entitled lo ittbenenii. mutt deposit their bond on or btlorf September IJ, 1IS, In negotisblefotm (tnd, il coupon bondt, betrlng the iteptember I, 1914, tnd ill titbleqitentcoupons with tlie Depotnary ol .aid Proie, me . Minnttee. Outrintir Trutt Com-ptny ol New York, No. 140 TUoadwav, New York City, or st itt oflice in London,or with one ol its follow ins aatntti St. Louis I'nfon Trutt Comptny, ol 111
Lotus, Mo., I nmmnnwetlth Trim ( nmptnv, ol Hut mi. Matt , Attocittie ( ta, olAmfterdam, Holland, or Ahtientefellfchtli Leu , Co., oi turleh, Awttnrland.
Holdert ol Prelerrtd or Common Slock ot Inttrnttiontl Steam Pump Com-ptny, who hive nol alretdy deposited ttlftl stock will, taid Slockholdei t' Pro-tective Committee tnd alio desire to partlclnstf In said Pltn and Agreement nfRenrganirttion tnd to become cntilleil lo n. benefitf, must deposit theit certifi-cates M slock In nesntithle form on 01 before September IJ, 1115. with ColumbitTrutt Comptny, isi Broadway, New York I ity, the Depotilny ol taid Stockholder!'Protective f oinmi'tee.
Holdtrs of Prtltrrtd Slock ol Henry R, Worthington whn have not llreldydeposited their ttork with the shove Protect! vl i ommTttef repienting slid
Stock, tnd who detite to participate in laid Plan nnd Agreement ol Reorgtnlrttion tnd In become entitled In itt benefit-- , m"t de...itt their certificttet otttoi-- in negotuhle Inrnt on ot before Septembei IJ, 1911, with Frtnklin TruttComptny. the llcpotittry of tsid Protective Committee, tl itt office tt 46 WillStreet. New York l Ity, nr it M Montague Street ol 160 Knltnn Stteet, Brooklyn.
Holder! of Firtt Mortgigc Five Per Cent. Bondt of Holly MtniiftcluringComptny, who iletre to participate In laid I'Un and Agreement of Rem giniiltion
nd to become entitled to it! Isjnefiti. mutl dfpoilt their bondt on Of helore Sep-tember IJ, I'HS, In negotuhle form and lo-.- hf Julv I, I'd, tnd til lubte-quen- t
coupons, with Btnktrt Trut Comptnv, It Wall Street, New York City, o'Commonwetlth Trutl Compiny ( B.(Til. N. Y . the depotittriet ol liie ibovtProtective Committee reprefentlns and I. u
For til hondt tnd share- - of stock .let. ..sited In iccordance with thit notice,trtniferahie certificttet of de; out will be iss.n-- h. or on behtlf ol the proper He-paotiary
Holder! ol tiid bonds ol International Stele, Pump f'ompitiv led ol HollyMinuftcturing (ompany and of ,,. ttock .,( lnternatinn.d Steim Pump Com-ptny tnd of Henry R. Woitlnngton wh., haef nol ulietilv deposited the tamewith the Piotective Committee ilnoe mentioned formed lo receive surli tecuritie!.tnd who do not deposit the time as permitted by tins notice, thill have no rightto participtte under the I'ltn md Agieenient ..( Reorgiiiirllion. Depoiitl will hereceived titer September IJ, I95, on.v oc lucll trim! tnd condition! as iliall beimpoied hv the .le nt Reorganization Committee.
Hated, New York, AuguM 14, 1915.CHARLES H SARIN. Chihmin.LFWIS L CLARKE.THOMAS P. GANNETT.L T HAGGIN.GFORCE O HENRY.PERCY IACKSON.R WALTER LEIGH.II I de LANOY MEIJER.ALLEN T. WEST.
Joint Reorgtni'iiion CommitteeCtAVV"1 ft HFMnr.RSON, CounMl Inr CommitteeARTIIl'K I HATCH I n.
Secrettrr, I to Brotlw.iy, New Y'ork.
The undersigned I otmr.ittee.Aufatt lit. 1'14, of
otislitLited idei the Aereemeeutlie piuieitiun ol the First Lien Twenty-Yet- r Five Per Cent.
Sinking Fund Gold Bondt ol lntrrnationtl Steam Pump Compiny, list approved andtJupted the Pltn ami Agreement of Rc rgtn istioti mentioufo in i lie (orcgumgnotice, tnd htt tiled a espy ihcreol with tiuaranil Trust I omptny ol New iotk,its I'r, ..ia . llol.lei! ot' Cfrtificatei ol depoail of said llepositary for hondt oftnd issue drpolilcd under the abuie llep.,;. Agreement thill tontlativviy bedeemed to bar! assented lo the Mid Plan ami igreement ol Reorganization unlett,on ot lielure Sepiembet 1... lOlS, lliey fhsll witliTriw the bunds rcptcacuted therebyIroin tlie above liepotit Agrtomtat in a,, ..lance with the proviiioti! ihereol, byiiittendertng to the Dipoaitary their eertlncatefl ul depotit in negoliible lutm mdby paying to the Depositary therev.ilh tile nm ol .1 per ll.l'UU depotited bond,winch fata hit been hied by the Committee it i lair contribution tuwatds ittcomposition and expentet.
listed. New York. August 14, 1915CHARLES H SABIN. Cha man.THOMAS B GANNETT,GEORGL O. HENRY,R WALTER LEIGH.H de LANOY MEIJER.ALLEN T. WEST.
Committee.CKAVATH & HKMiKRsuN. i oumel for Committee.ARTHUR 11 HATt III K. e,rettt., 14 Broadway, New YorkGt A BANT V TRl sT COMPANY 01 NEW VUBK, 14U llioadwiy. New York,
Uepositli y.
1 he undertigned ( ommitlee conftituted under the Depotit AgreementSeptember 15. lyu, for the protectlee ci tlie Preferred ind Common Stock ol
Stettn Pump Compiny has approved flstl adopted the Plan toil Ag.ee- -
metit of Ueurgtntritioii mentioned Ul the toregi.tng notice, and has dotsafitad asigned original tlieteot with Cotuatbia us: Company, itt Dtwsitft y llol.lnt olcenihvale ot deposit ot tsid LstpOfilirv loi itocll .leps-ISs- I uta.er t .e abose 'epotii Agreement shall be roncluwvely held to i.a.e ,,tssstr.; te md ratified aidI'ltn tnd Agreemgnt U Siett or io September If, I VI 5. they thill hie withtlid Drposilaf) wiittet uoti.e ol tneir dissent tnd of their wiC.dttwal irom laidPlan and Agreement mil lhall wuhdrtw tne certificates of ttn.k tepiesented trytheir respective iertillc!tet ot deposit in tcvor lai.cr with the proetoiont of ArticleFourth of itid in Agreettient, by turrendering m sai l nepstailary their
ol det.osi! iii negoliable fo.ni, ami iiv paying to said Depostttry therewiththe turn ol hlty (car cents 54c. upon ea.li ol piefetted stock, tnd twenty-iee-
cents f Jc upon enh sliate of mon stock to withdiasn, which saidlumt hive been fixed by the I otnmlttM .,s tha pi ra.a hj.e of tlie ohligttiont.captntet snd compensation oi the (. otunuttee a- - audited b said Depositiry.
Dited. New York, AugaM 14. 1915.LEWIS L CLARKE. Chilrmin.WII.LARD V KING.L T HAGGIN.ALBERT N PARLIN.OTTO M A KX,
CommitteeCl ORi'.r E WARREN, Seere't'v ol Committee, 60 Broidwsy. New Yoik City.C"I.I Mill 1 Rl -- T COMPANY, epotitai 60 Broadway, New Yoik City.ALEXANUUK & CRliBN, Countel, 1 JO Broidwty, New Yoik Ctiy.
The undersigned t on free ronftituted lindei thf Deposit Agreement dttedOctober II, 1014. lot Hie protei f the Preferred Stock of Henrv R Worthing-ton has ipproied and fdopied the Pltn tnd Agreement ol Reorganiittion mentionedn the loregoing notice ano hat depotited 'he tame siih Franklin Trutl Comptny, inDcpotit.ii. Holders of certificates ol deposit of tnd Depositary for snd PreferredStock deposited under the those Dep. nit gternn r t lha'1 cnrlusivelv be deemedto h.ve sssented la the md Pi!! and Agrafmgnt, unless on ol Isetore September IJ.1015, the shell file with tfld flepotitary notice of their diiffnl therelromnd oi their df!ire In wlth btw from fhe above Dtpotll IgrttmOnt. I'poa filing
of tu. h notice thev mav withdraw Ihf st.., k tr,- Cie i certificate! otdeposit Irom laid Deposit Agreement in tcCordtnCf with the provisions thereof,by surrendering lo said DepoMtatv t'leu certificglef ot deposit in neg, ruble fotmin. I by paying lo as i Depotltl I Iherewiih fhe sum nl l C1 lor everv depotitedthere 'ol ttork. whn It urn has been de'e ned by the Committee is the pro rtlathtre. ptvthle by encli depotitoi. ol the ohllgftiopf, expenses tnd compentttionof the Comirtttee. Atte!!n.ens ilietdy r.sid n the call of the Committee willbe credited on thit tniount. Depositors who as.r-i- t to the Plan, tnd who hivepaid their lltetlmtntl tltetdv ct'led loi by 'he Committee, will be refunded theimount of their issessnienti at the lime whfO they teceive their new tecurilietismed undei the Pltn.
Dlted, New York, Anient 14. ItPOHFRT B WOODWARD. Chtirmin.TON ATI I A N "t'LKLEY.Percy iacksoiwilliam a perry.a1.ix w stanley,hose a webster.
Committee.CT1R TNI! niUMINC.lt M. V" Msi'en line Neve Yo--
FRANKLIN TR' st COMPANY, Depoeltfry, 4 Wall Street. New York.left Monttg ie Sireet. Brookbn. 566 Fulton treet. Brooklyn
The Wabash PittsburghTerminal Railway Company
The Reorganisation Committee gnno '
that spproxlmsie.v '. .nc ."M ..f Pondshsvt paid the first liiatalin.-n- nf theamounts payable under Hit Plan andAgreement dated Jlini II, till. To meetthe convenience of holder! of tht bond6 orrertlfh'stet of dOgsall representing Ihttaint, many of which are htid lu Europe,
snd In rtiponte to a number ..f raqufftf,tht (Nvninilttet haa ettended the tlms forpaymtnl of thi flm amount! payablian. ter tne Pltn gad Agreement. Withoutpenally, until tht el Off of huilnesa on
i i'ii Miti it ts, una. Paymanti ihouldlit made to Ctntral Trust Catltpany of NfW
York, st In omre. 64 Wall Htrest. New
York ally, and ofrtlflaatet of dtpotll ihouldbe preeenied for proper notation at thtdine of making paymtnta Tht Committeetttrvtt tht right without further notice
to eirry through iht 1'lan or any amendmint Ibtrtof tolely for the benent of theholders of rerlincattl of degOfll rtpretent-ing bonda In raspaot of which the nm
ihall b been pal l prior to thedsie kforfsald,
Dated, New York, gepttmber I, till.J. Bi VI'AI.I.ICE. Chairman;liOKlKiN A Hill ITT.HAHRY BBONNRB,JAMES C. CHAPLIN,HALEY I Mil.I l.tltKM e. Is HARPER.WILLIAM R. BIOHOUHJNiHll II Villi Nl'TKtl.MKIUN II. WH.iri.KH,ANA tt. WIMi.
Reorganltalloa Ciimmlttee.
IIIV1IIKMM4 AMI INTF.HK.'sT.
Wst (i lOMI'A.NV.A no itul.ltnd tt iwo and one- -
halt Per Cent, has liean dsclsrttdon the stock nf ANHs'O COM PA NT, piy-abl- t
OcKsher lit. 111:., to Mtockhnldel s ofrsoord. Mepteinbsr l.MJt, 111! Tht trant-fs- r
hrvoki will be oloted al tht cifllcs of tht("onipsaiy, tl Broirtwsy. Nsw Yark t'll)st three o aim's P M, Heptembtr l.'.lhirit, ana win bttill. A
fpi.pet.ed (Ictrtbel iflaA V f I'TK -
let'Otit dlted
dtted
DIYIUBMIts AND IMIIIIT
hi iaA
11VIN l ITY KAI'lll IRANwIT COMPANY.Tht Hoard of lure. tort l.avt dtcisre.l a
regular .luarttrlv dltfiuend of out sndthreefourthl per rtnt B cv, i upon thePrefen. I snd one snd onn lia.f per rent
'., upon the Common Capital Htra k ofthis t'oinpanv. paabls Ootobar in. Ills, tolockhi.lile re of record at the dost of bual
neaa geptsmber itll.Dividend rhtckf Will be mailed by The
sSrmtrs' IjOsh and Trust reinpany, Tramter .tget.ti. soa. William street. NstrV..tk City, tsi ttockholdert who htvt rtledmstllni orders
A M ROBBRTgON,New York. Heptembtr Srd, IllsAMERICAN CAN COMPANY.A qurtrly (Hvtdtlltt nf ont an thn-
I'iH''- - pir CM I liRan tit--n lf( l.i i ftl Upontnt Priiirrid sltook M Utlf Compsiiiir, ptfthlii OotoMr .it. to BtorklisMdari otriMi.nl ul t he elOtfl f tniln-s- ' t
lthi 1 til S TrMiifr Booki ronttitnopen i'h''ik Tmitifti.
It. II. Imiiioii, Sr. reiary A Treamirer.
mkku A BANK NOTR rOP.NV,A nf Ollfl oni hiilf prr fu
an i'h PrfrMd Vtook for Iht qiMrtfml nk .) nil. U.ib bn li
i In riil pftyttibll (WtOMf t. ltKi. tolinl'lafm tf t th OlOflf of ih.ihMs. Itim1i.r Uih. 191 Tht Ptooti trunaf-- T
h H III nM li i liiBrtlh DAN FORTH crtrr,
N V 'lk, Rth. ltl
A
NM1 11IIIK I'KINNir (IIMI ANY,'iti ttriHsduay.
Nes York. Auaust 2t. lttidfttlari
.In lend of II mi per share hat been.1 mi the capital e't.Hk sf tin CJuin.... ..!.' kl.ee I .. ,11 ,.. s.
halderf t( rsosrd tl 'he clost of butlnemsntembef s'. mil.
All eommnnlcs.tlonfl s pairnentor chfangf of ,,, litreaa should fit sent to tlieullderalsnea not Ister than October 4. 1111'
IKOItUB I'llKfErtltU'. Heerstary.
Mil I'll POBTO Klt'll NK1.IH KIMMNV.Alllust II. itlii
Tlie ri .ard of tilre- - tont hsvt thit day dt-- r
tared uuarterly dlvldendl of ejj on Pre-ferred itoei end Its n CORMMOn Htts-k-
also all eatrw dl.lrtenfl of IfL on foinmonstock, sll payable (sotoher 1. till, to stock-holders of reas.rd September II. I a I a
P. A. Illl.l.INiillAM. Hsk-'t- .
Mil, MA OOPPBB OMPANY.A qilartetly dividend of fifty oentt ptr
share iias been declared on the stock ,fthli CVmpsny. payable September iflth.tiiir,. lo ttochbishleri of rtcard st the rlose,.r bustnetH on ftepttsmbssr 14th, till.
tl KN it Y K UOUiiB. TreasursrHepl Jlh, mil
BANK gTATKMBNTg.
REPORT OP THi?0)NDlTION OF THK
FIRST NATIONAL BANK,!t New York. In the state of Now York. I
REBOtTRCKg.lawns snd dts--
niunta ajS.AOl. 406.70Acceptance! o f
other bank! dis-counted 3.S.0S .020 10
Total loans gSS.0.18.334.80tl. g. bonds de-
posited to securecirculation 'parvalue) Ul.077.000 00
V. n. bondspledged Ul se-cure if, a,, de-posits (parvalue 1.000.00
V. a. Isinda ownedand unpledged 40.420 00
Total V, ft. tsnndeSecurities other
than C S bonds(not Includingtlockti ownedunpledged g.M .316.610.24
Total bonds, securities, etc
loHock rifEederalReserveBank tl..100.000
Lewsamountunpaid 710 000
All other alnckt.Including pre-mium on tame
of banktns house
T.'.oonono
Ig.gOO On
Net amount due from EederalReserve Hank
Net stnotint due from banks sndbankers
Kichansea for cleafin! hiniseother ehecka on tisnks In the
same city or town as reportingbank
Outside checkssnd otherrath Items gftS MS 7ft
Fractional cur-rency, nlrkelt.sod cents 1.117 40
Notes of other national hank!Lawful money reserve In bsnk
Totsl coin snd certificate!Legal-tende- note!
Redemption fundwith C S Trest-urer not morethan I per cent,on clrculatlonl t213 810 00
Due from C. R.Treasure . 73. !i 7 74
Customers' liability under let-ters of Credit
2ft
32.1
327
tl2.007..160 47 Totsl
....
.1H
HtsteofNewYork.tountyofNewYork.fi:I r I. President the soove-nsm- ed do swear thst
ttsteinent Is tme my knowledge ind F Pretldent.nubscrlhisd snd sworn to ms Oth day Peptembee g4
t'orract Attest: Al lo tA. C. .A IIEI'IU'HN. i NewH M. ,
The Second National BankTHE NEW YORK
Fifth Ave. and 28th Street
Loan. Discounts
STATEMENT CONDITIONSeptember 2.
RESOURCES.& In- -
United statts Bonds aiother Securltict to
Circulationml ..I States Deposit!
Customers' Liability un-
der Letters of CreditBanking HouseDue from Bankt . ...
Hedeniptlon FundDue l ulled. States
Treasurer ........ ... .
Reserve In Federal Re-
serve BankCash It F.tchanges for
Clearing House
llsuutil.enrirJ. il ran
Itoberl
10.303 468.21
12.4.646
sia
00
24
t nmi o1 (HI
8064
36.804
04.7111 1003 00
M,9M,S0g "O(S3
87.740.000 00
Totsl I
llxvve
Se-
cure
from
A,
Utl30
23
t1t.Stt,tt8.18
John W. AilkenA.
H. Blanrhard DominirkA. Munscy
Edward H. HeaaleeDviight S. Kit hard son
llanlellludnisii Ciritesra
KllodetFrederick nnyder
Toltnd
8.1H.420
6I.3I6.S10
,760.000
.a26.no2
253.6.11
forCirculation 667,1407Deposl's I3.77S.2U.ytutad mis.ooo.oo
LiabilitictLIHS.'I.V)
473..MN
010.339
2.4112.001
Oanlel Davin
Frank
RT I.N Ts.
MaW.
M
00 AO
00
U9
, i is R li, itt in hi litei.e., It
I. i Jr.klus
Jr.
of
...
JR .
iHi ll I Wll
11
llffb I
Pa. 1. 11"
ir, ' M wll,put loi the frund
die ten. at a pncI,,,, p. par Slid Healed
to ae!l Imtasla In thtindi of a
New o
M.,T II B
.IN 11
Ml
the
Kill. 11 IV CO.the
the Norfolk and Westernwill held at the Oltlot
the in the city viron the 14th day Oc-
tober, n A M (olure lo e'e. t tudltort
tlie boo and the tomi.aliy for the fiscal year, to tht
report f 'r the ysarand
al- action the tetIn t in thtof the and to
us may befort themeet Ins
Theat i i' Bo w
ai 10 oA M co-s- lili
tht It ...E It
-
thla will DIM15. .M. by th-u-
e. i.l if ftr imrpi-i- i thUliltal B to lie.t jo A M on mi
U h i
Hot'Uk wl!l i" m OciohurA M
V D
BANK
lbs 2. It'lletoek
In. fmo no00
capital and
profits:
for
ran for
t IMI
lasts currentpenans.and ftlS.OO! 33
smount onsnd In
foror
213.100 00
Due to hanks snd hankersunpaid
ro 23of
due Inless 30
I8ft.33 03Certified check! 1 ..'10.1.723 73
checks2.203.3(13
t'nlledotiis i iOho
days, or tubject to ormore notice)
IJ. S. bond! borrowe.1 without
for tsmeletters of credit
Surnlus
A.A.
J.
A.
to
00
8.
4. 81.3. OOO (Kl
it100 00
nil .088. 03 li
12.1. 000 00
:i2.r. ooo no
tl2 B1'7
HINE of theto the best of t, MINE.
before this ofJOHN II
JAM Eg, Notary I'lil.llcounty.
OF OF
OF1915
act
KI'..
Stock21.0410
rami! j.jo.s, ..t"(i
785.000Htatas Bond Aoc'i
Other fO,AO0
34.2."sJ (SJ
102.000
John
164.8.11
Tases
HANK VTt.1lBANK
Hanoi
v KUiVr'.ts, of llosrdWU me II. tigirirn
M.oti- - bitliier Joseph Hainr.Jobo l.rlhbel llaiidolplil.eorae Ksdden Morris It. fUn
H. Iteeses, Jr. tilbiir 1. MotionNni. H. Frailer. Win. Jaj I inner
as of 2, 1915
Loans and
under LettersCredit
Due from Banksfor Clear-
ing HouseCash and Reserve.
JIIWIPH WATNBslUMIIlll'll
HFKfsltUM.l.
THF. BA"'WAV
Treasurer.Pittsburgh. September
Fir!' Hortgagt Ilon.1t of thla Companyltl.tt.M btan iimri'icbased glnklng Ootonir
Itll, from lowest hidesieel Interest
must beM.esrs IVInslnwr. Lanier cxn-isanv-
York City, before three clockI' Thuradai. gepleinhtr 10, Ilia
MeKNIOHT,
KLKCTIONH MBBTINUg,
NIIHF41I.H WKSTKKNThe Annual Meetlna of lr., kboldsrt
of Unas) Offtt'pane he principal of
Company of Roanok,Kinla Thursdsy, ul
litis, at 10 dock elect,in, Indspendetit to
audit 111 sciuuitta ofconsider
of the tMrootorien. ter! June K'th. lit.',. 10 ratify approve of llirertors forth
tuck annual repo: tnd nilsuteCompany, linisfma.t audi olhei
busltiesa properly 00 nilStis-- Transfer Hooka bt el.iaesl
o'clock eiinessday. September:nth. Itll, tad raopsiiesl cios--
litis 1Mb.By order ol ol Dlreotors
Al.DEN. tseoretary.
llnr.lrn ..ntlrn-r- .l Milk niaUijANXVAli MKKTINvi
of Comptny OH M'pt....i'rtlih. t ll:t ontr of
PlrtoUirB, th nfOf HtOrkhulJiTM t.f
lft Orioir 20th,Kxi'hiiniro PI riiy. N
flat.l.'U t 10:00
SHOVR Trtmaurer
STATF.ItrNTa.
close ol business SeptemberLIABILITIES.
Capital paid
Rurplut fund lo.tssj.ooo
Total surplusUndivided
gn.873,4gr.63Reserved
taies:311.362.72
Risksdepreciation-
OOO
Interest,tales paid
g.ggg.gtO.M
Circulating notes g.0TT"M.MLews
hindTreasury re-demption intransit
DividendsDemand
do--straits subject
cherk 800.322.84:1Certificates
depositthan
days
Csshlcr'souistandln!
Histrssii
Total depositsTime deposlti ipsyahle after 80
.'in dstt
nirnlihlng rollats-ra- l security
81
bsnk. solemnlybelief
II. Directors. lorkEAHNE8TOCK.
CITY
Capital 11,000,000 ("jlti(lii(cd
Besirve 2l.44lw.ii7
2n.27H.03 Ul
Pretldeill
pros.aals
Trtaturer.
DIRECTORSPercy RockefellerWilliam SimoiiMin
SinclairIxiuia M. StnrrJames Slillm.mI'erry S. Straus
of
ia
gtn.ooo
IH1LAIIKLPHIA STATEMF.NTM. PHILADELPHIA
The Girard National BankPHILADELPHIA
D1RECTOHS
Newbold
tiaiiFrancis
Statement Sept.RESOURCES
Invett-imnt- i
$38.695,450.3
Customers' Liability
230.650.006.658.159.51
Exchange2.152.758.02
J2.938.534.20
$60,675,552.04
,IKKIJNVlMF1.NVNAI'
deposits-Individua-
laUBlUTIBt.
and Net
n.imo.oo
.161.47
LIABILITIES$2,000,000.00Capital..
SurpljBProfits
Circulation
Letters Credit Is-
sued Customers
Depositi
12.1.000.000
tO.6t4.4CM
tit.fgg.tta.tfi
4.697.148.43
,084.000.00
230.650.00
52.6o3.733.61
$60,675,552.04I'll till KM M ggRTON, I ashler.A. W. I'll KFIIKII. Assistant 4 ashler., hi ii r. tun v r,
Isslstanl I usliler
Expansion on theCONSOLIDATED EXCHANGE
IMMEDIATE REPORTS
Odd lot trader apprenate the im-
mediate reports by broktrt on theConsolidated Elchange. At thit nthe original odd lot matket. the"board lot" being 10 sliarri. thereis no deity. A limited number ol
teats it ji.000. A gnat opportu-
nity for odd lot commission houiei.The requneiiients tre unexceptionalrelerences as lo businrss standingand character and reasonable , pi I si
SECRETARY 36 BavrfttrtTo till' Hold, Ilf
A MKKICAN WKlTIXti I VI KK COMPANYI M in t Kita: hlllklllK I illitl I olil Itondi.
Tiuirr Tiie- Mnkini i uti i provUlont ol .mlnlt'ttiure tiMtoil July Ii UW. btlWMn ili.i f ooiupstny h u : h. Old Polony Tru"tt' tinpanv. Trunti'. th1 unitorvttfn I Ivr-'U-
t1vm tiuit- tiiMt it h.w th? turn "f in ,174rar invtMtmnt in th i.tm mortiMf hotliUriiifAil tht tuti.inr Oflori ilf Dontll rt.4ior.l' Tin.l4r ol" Ainrrti .i Wrltlngr P4p0l
Bi'ii 14 ' wit) roclvo4 Itv th Ol.lColony Trt.git Contponyi Truiti It courtM rf ft. Botlon MsstMOOhtMOltl until noonif Tutiiy. .fptfmhiT I. 111'.. at wl.U--Kii.m thy will pnt rlfht larmrvf'ti tn rcjffi guy an. I h!1 offfrti
on ocropltt l"rula will t'faaa l
hnpiMtllbMi 1". iillOIsP CUI.ON Y 1 Itrs r COM PANT. Trtnataa.
H- J H Wktfltl4, Wf PreMttWru.BrtaJltOll, M.tSg.l 'hUOtltOl
tapit mb r i. uu.
U A 1 Klk
W A NTKD Playa mn4 8onarki oultahlofor r ami m inf MotUfM tnd bmall or . . i , to H H UlCHTliJ, PUyBruttar. 101 W. t.