JSVBNING LED0EK l'HrkADELPHIAMONDAY, SIAEC1I 13, 1916.
i
I8fc
iw.
a fc.
V FINANCIAL NEWS
t - i - 1- -- i I.,,. L -
Mfff
SPECULATIVE ELEMENT BOUGHT
w-
nn
.
lf6
T
AND BID UP MUNITION SHARES
War Specialties Led Way to Higher Levels Many of
Them Scored Sharp Gams Upward Move Followed
Siii News of Agreement to Carranza's Demands
far -
NEW YOIUC, March 13.
-. The Ifoxlcan situation was th6 domlnntlng Inducnco in todny's stock
''"market. Uccnuse t tho military demonstration nrrnnRcd for, tho speculative
. "element bought and bid up the munition nnd wnr-ordor stocks, with Bcthlo
jjhem Steel making nn extreme gain of 1614 points, followed closely by vigorous
'advahces Ih Crucible, Baldwin Locomotive nnd Industrial Alcohol.
Vi Tho s'oc'8 ot corporations owning properties In Mexico were depressed
ii at ihs start under professional selling, the room traders Jumping to tho con
i'pluslon that unification of tho warring factors nCross tho border meant a menaco
f, to thoso properties and created prospects of damage nnd destruction which
would seriously Impair their market value.
r .Jlils selling movement was of short duration. After Mexican Petroleum
declined nearly four points It recovered nearly nil Its loss, and there wcro similar
?ilplurns nflcr carIy losse3 ln American Smelting, drcenc-Cannnoa and Southern
, .Pacific.
ii" Somo of tho railroad stocks wcro in good demand, Norfolk and Western
,4, making a gain of more than ono point, ns It should havo dono long ngo in
"view of Us heavily Increased earnings. There was a renewal of tho buying
- of Heading, -based on expectations of something happening at tho coming
Mllrectors' meeting, nlthough New York interests largely concerned In Heading
'(l;nfralrs assure their associates that whatever there is In prospect will not be
announced until Juno.
Following tho nows from Washington that the Government hn.q mrroixl
to tho demands of Cnrranza to a Joint crossing of tho International boundary
'tho wholo market becamo strong after midday, with tho war specialties leading
'the way toward higher levels. Ono of tho largo gains, nsldo from Uothlchem,
,i in ruuiuio sicei, wnicn roso cignt points, studebaker win up four, Amer
ican Locomotive three, Baldwin more than four and several other Issues registered
substantial gains.
WJHEAT BROKE ON
ACTIVE SELLING
Support Was Lacking Mexi
can Situation and Warm
Weather Bearish Factors
tMl
CHICAGO, Mnrch 13. There was n
lack of Bupport In tho wheat market this
morning which under active selling broke
sharply. May at tho start ranged from
M.O8M0J1.O8, ngalnat S1.09H at the
end Saturday, Bnd July nt tho outset
ranged from $1.0T?i1.07W, com
pared with II. 08 at tho close Saturday.
During tho first half hour there was no
chock to the liquidation, and May dropped
to ?107 and July to Jl.06. Weakness nt
Liverpool, the Mexican situation and
warmer weather In tho West wcro bearish
factors.
Amerlcm offers in Oreat Britain nro
free, nnd It Is bcllevod there they will
continue so. Consumption, however, In tho
United Kingdom Is liberal and stocks on
tho continent aro smalt.
Shipments from North America for tho
week were 9,727,000 bushels, of which
the United Kingdom got 4, 790.000 bushels,
and Franco, 1,607,000 bushels.
Tho receipts at Minneapolis nnd Duhith
today were 680 cars, against 279 cars a
yenr ago; nt Winnipeg, 664 cars, com
pared with 260 cars j at Chicago, 136 cars,
against 69 cars.
Lending futures ranged ss follow!
navnnyn
wheat Open. IllRh. l.ow,
Mny l.os'4 t.0HJ4 1.IM1M
Julv 1.07'i l.07 1 00
;orn (new delivery)
Mny 7r,V4 7!i'4
July 70k 70H
uais
Mny 48 4814 4.1
July VIVi 43b 42
i.nra
closn,
Noon.
1.0(l41.08l
7HH
75.
.11.50
.11.41'
NEW YORK STOCK SALES
10
22
.' 30
. 79
. OS
. 00
.175
005,
Adam? Kxprw ..
Alaska J Gold M.,
"Alaska Gold JtlnM
:,;AIIls-Chalmcrs Mfe.
r iAI!I-Chal Mfc pf
' Am Ac Chemical.
1 Am Beet Sugar. .
Am Brako S & F pf
Am Can..,,.
,, Am Can pf jilW
inrfm car tay , .. .
Am Coal Products
Am Illdo & Leather
Am Hide & L pf.
Am Ice Securities ...
'Am Unseed
".Am Linseed pf. . . ,
Am Locomotlvo . . . .
Am Locomotlvo pf . . .
Am Malt Corpn.. ..
..Am Malt Corpn pf. .
. Am Smelt & lief ...
4 Am Smelt & Kef pf.
Am Smelt pf A
Am Smelt pf 11
r.Am Steel Foundries. .
Am Sucar Itcf, 109 109
AmTcI&Tel 12S5f 12U
Last 2:10
close llleh. Low. p.m.
UOJi 111 13!) 139
10 BJI 10
22W 22 22
32)J 30), 32
81 70 81
00) i OflW 005 i
703. 09H 70)j
180 180 ISO
02U now 02
111!? 111H 111H
70 71 0'JJX 73
102JS 101 1G2VJ 101
OJi 10 0J 10
49 -lOit -iOH -19!
29H 29!f 29,'f SS)C
21J. 21K 2U. 21U
10 -10 -10 40
73 70H "2H 70
102Ji 103!f 102H iyw
SH 8H H SJi
3JH 35W XM 33M
1019k ioi osjf lout
112 111JJ 111K um
03 03X 03f mt
80M 87 87 87
63 5-14 S3 54W
103 108JJ
12S!f 120
Am Tel & Cablo OS 09)f 09! (
Am-iooacco won VM 108
Am Tob pf new 100H lOGJf lOOJf
Am Woolen
Am Woolen pf. ..
G9!f
198
100! i
53'4 5t 53! i KIH
..1005S 1O0JX 100!i 100!f
Am wrrnnj i- pr 11 11 11 11
Am 7.lnc h & 8ra 87 87 84!$ Ru'i
Anaconda Cop M ...SO'i 80'f So'j. 0
Atch Top & H F 103 101 102Js 103,'i
Atl Coast Lino... ..... 110 110 109 110
"Bald Loco Wk.1 100)4 111,' 100!f lim
Bait & Ohio S7,'f bSJf 87Jf SS
Bait SOUo pf 70H 70'( 705J 70!i
.. -Bank or Commerce. ...173 172 17a ' 172
DatopUas Mlnine 23 2, 2)J 2Ji
-J. Bethlehem Steel 4S85 COr. 488 505
Brooklyn Ilap Tr 85 5Ji 85 85M
' Butto & Superior 90 05Jf 03H 95
"Cal Petroleum 1 25 21 25
Cal Petroleum pf. ... 51 Mi &l &13f
4 uanaanrn: i-aruic'.c.v. .lOUi 105' 105!
Norfolk & Western.
iionn American 70
Northern Pacific 113
Old Dominion Co 7;i
Pacific Mall 25K
Pacific Tel & Tel 31
Pennsylvania II It r7
ritts Coal Co N J.... 28J
Pittsburgh Steel pf 0Ui
Pressed S Car Co 55
1'unman co ,
Ily Slerl SP Co....
Hay Con Copper. . . ,
Itcadlne
Heading 1st pf ....
Heading 2d pf
Ilepubllc Iron A S. ,
St. Louis &S F
Seaboard Air Line...
Sears Hoa & Co pf.
Shat Ariz Cop
South Porto It Sug.
Lost 2 10
close. JIIkIi. Low. p.m.
119 k'O.'f H8?f 110'i
OH 70!f 70Ji
113
73
Z'M
30
57)
29
57
112)5 113
72H
2.)
30
50J
28)i
0IW
rl'
.102 103W 102'i
. 40 41H 39'j
. 2IJf 21U 23!
. 83J SIH &Vi
. 45 49 40
. 44! -iVi 41H
. 5214 5331 5U'
. 4Jf 4 4
. 15!S lfltf 15'f
M
2.i
30
SOU
29
91'3
50?f
103H
40'
21
81
49
41M
533,
4
10!
Mnv
July ....
Illba
May ..,
July ...
l'orK
Mny 2.1.00
July .... 23.(10
Hid. tAsked.
..12 2.T
..12.37
11. ii
11.47
12.27
12.42
23 15
23.00
7RU
7
48 'i
42U
7f4
t43S
t42i
11.20
11.42
jnflt
12.37
2.1 no
'2J.0J
11.22
11.47
12.27
12.42
11.27
11. 02
1 32
12.80
23. IS 23.00
22.115 22. tl 3
127!f 127Jf 127,U 127!f
37 37)f 37'f 37M
170 170U ITflti 1TOJ.
cii.... ..iit. ..-. r. "' "
wuturiii i-dcuic iisn yujg H7J, ol
Southern Ky 203f 21i( "1 l
Studebaker Co MO'f 115'j 130 145 W
renn Copper flO'4 57"i 50 57)4
Texas Co ioj 1953 mm 195H
Central Leather 51
T'Chandlcr Motor 0J
Cues i Ohio 01
Chile Copper 22JS
Chlno Copper S5i
;: Chicago at Western . 13
Chicago Qt West pf .. 35! 5
XJhl Mil & St P ... UJJf
- cm Mia & st p pr
C C G &St L pf .
Cbl 4 Northwestern,
- Chi It I & Pac
Col Fuel & Iron
Col & South 2d pf.
Continental Can. ..
'Corn Products Itcf,
54H
03K
on;
22)f
557f
13
30H
94)1
129J5 129J5 129M 129)i
75 75 75 75
120H 120W 120M 120H
17 17!i 17 17
44!f 40H 41 40'f
48 40 40 41)
83 SO 81 85M
105W 105f
63?f 53K
W.t 03
01 OUi
22!f 2Mi
65)f 553i
12K 13
30 30
93M 01)1
Teas Pacific
Third Avenue
Tobacco Prod pf .
Union Bag tc Paper
Union 11 ig & P pf
t'nltcd ( Igar Stores
I'nlliil ( tear Mfrs. .
Union pa'-tflc
Union Pacini- pf . .
U Uxpre-i
t S Inil Ali-ohol....
U S C I P & F
United Fruit 143U
unneu nys inv Co.... 15
7'f 7M H 7h
01 6H OIH Ol'i
.109 JOS 10S Ulh
. 7S 7f 7 H
. 30H 30l 30! 30J4
9'j 0, 03 9!
59 ' 00 00 00
ITCH ia3!J 132 1331,'
. 83!i 8.3 83 S3
. 45) 45)f 45U 45Jf
1523S 158 153 157H
-m 22,'i 2IJi 22
144 143 14 1
14 It 14
u neauy & imp. ... -lO'f 48 47 48
U S Rubber r,2 52 5Uf 52
U S Steel Coron R3 R'.u h-ju a.
US Steel Corpn pf HOJg 110 110 110!f
Utah Conner r.i
Va-Caro Chem 41
Wabash pf A 43
Wabash pf 11 20
West II .t M 05
West 15 & M 1st pf. . . 705J
Western Marrland.... 20)j
West Union Tel 89
Wheel & Lakn Erie. .. . 3
Willys Overland 230
Willys Opf srf P....105
83)
45
42K
20M
G0W
7fl!f
27
S9JS
3
230
82K
44M
42)i
20
01'j
70!f
27
S9J1
3
229
83
45
42Ji
20
00)5
703i
27
89Ji
3
231
THE
FARMERS
AND
MECHANICS
NATIONAL BANK
OF PHILADELPHIA
Statement of Condition, March 7, 1916.
RESOURCES
Loans & Investments $14,196,756.05
United States Ilonds. 1,509.364.53
Due from Banks .. . 1,420,293.26
Cash and Rcscnc .. 4,567,295.33
$21,093,709.17
LIABILITIES
Capital $2,000,000.00
Surplus t Net Profits 1,548,108.80
Circulation 1,378,200.00
Deposits 16,767,400.37
$21,693,709.17
OFFICERS
HOWARD W. I.13WIS, Prealdent
HDW. STOTUSDURY LUWI8. Cashier.
(1. II. MILLirrT. Asat. Caahler.
JOHN SCHI.AGLU. Asat. Caahler.
DIRECTORS
HOWARD W. LEWIS
JOHN F. LEWIS
CLEMENT B. NEWnOLD
GEORGE U FAItNUM
C. S. W. PACKARD
J. FRANKLIN JlcFADDEN
G. COLESI1ERRY PURVE3
JAMES CROS11Y BROWN
J. RKRTRAM LIPPINCOTT
RORERT E. HASTINGS
8 PEMUERTON HUTCHINSON
EDGAR C. FELTON
CHARLES II. LUDINQTON
105)j 105H 10SH
22'f 23)f 2211 221 .'
CruclDlo Steel 8J15 02)4 85 02
Crucible Steel pf . ...11331 110)i 115 HOW
Cuban-Am Sugar . ...205 209Ji 208 209J
;; Delaware & Hudson ..150)f 151H 151 151!f
Denver & nto Or pf.. 10)f 10 10 10
-- Distill Sec Corpn 47 -ISSi 473X 4S3J
Somo Mines 243f 25 21)5 25
tie ,.. 30Ji 37H 30H 30;j
Erialstpf 52 52 51JJ 52
-Erie 2d pf 45 44Jf 44Ji 44JS
l"ed MIn & Sm pr 53 53H 53!$ 53H
"'General Electric IGOJj 172 10SH 172
General Motors 409)f 470 401 470
U3oodlrh 11 F 723f 73)f 72 73
Oreene-Cananca 513f 503f A'J 603X
qreai wonnern pr 121J 121 120JI 120JJ
43!f
it-G N cfs for ore prop,
' XjDggenbelm Eipln..,. 21H
Jllllnols Cent 103
lnt Agricultural 10'f
- lnt Agricultural pf. .. . 50
Mat Con Cor t t c sh.. 17
lnt Con Corp pf 73Jf
1 lnt Paper. 10
lnt Paper pf 45
rJnsp Con Cop 40j
lnt Nickel v t cfs 40Jf
MntMMcofdp 10J(
ilntSIMpf c of dp.. 69i
fJeirer-TeT Co Ino 71H
Kan Cltr Southern.... 253f
'Kelly Sprlngfd Tire Co 72H
(Kennecott Copper...,, 50)
fLack Steel Co ........ 77Jf
.' Ie Jtubber Tire. , . . . . 50H
iteblgh Valley 77JI
ILsnz Island ,. 20H
SlxriUard P Co., 190
JLoals Nash 122
45 44
21! 21H
102W 102
vM achat Elnv gtd,
iiajweu iioiors
jtMar Motors 1st pf...
Max Motors 2d pf.
Mexican Petroleum,. ,
iUx Petroleum pr
10
GO
10J
73
10f
40!f
47
47ti
17
71
72Ji
2GU
73j
603i
70)i
51
77
21
103
123
10
03
10K
73
10)f
40
40H
40)f
10H
09
71
r.
72H
50)f
773i
60JJ
77
21
197? 108
122U 123
45
21K
102H
10
CO
10JJ
73
lOJf
40!i
47
47K
17U
70
71
20)$
72K
50H
78i
51
77
1
REMOVAL NOTICE
Charles J.Benders Co.
Investment Bankers
Members Philn. Stock Exchange
Announce the removal
of their office to
North American Building
Philadelphia, Pa.
NATIONAL DANK
Comptroller Call. March 7. 1918.
ASSETS
Immediately Available:
Cash and Reer. il.R14.7A2.n4
Check for Clcurlnus. . 170.481.77
Vat from Correspond
ents 824.25S.IR
Demand Loans 1.1O.1.U40.71
$3,154,455.60
Available Within 30 Days:
Loans dun In 30 days tl.304.B32.60
United males Honda
(par) 200.000.00
Other Honda and In
menta . , C83.B34.3D
$5,244,522.58
Other Loans & Discounts:
Due within 00 days. .
Due after 00 das.. ,
llanktns Property . . ,
130)f 129Jf 129JJ 1203,'
00
84H
r 45! f
103
09
Mo Kan & Texas 4(
Mo Kan & Tex pf .... 11
Alum & St Louis 5
-Miami Copper 36!f
Mo Pac tr cb .... 4K
.itontana rower 77
J. NSt Enam & S Co. ,. . 25J
J IKatLeadCo. .,.,,.,0714
jiKat IFlI2d pf... 7H 7ii
Z.',3ier COA Cop 10 10
mv York Air Brake.. 145J( 147
ui M. i A M A 9 t LHA7 UU7
03
.St
4QJf
102!
09
5
HJi
Hi
36JJ
4Ji
77
20
am
00 02
84 i
45 ,-40JX
00 09
43f 43f
JSiK ya&un.
u
to
r '
tw
I
,Si
(::Ii:
ICO
11H
ifi
30
4
77
23H
67
113
7H
15Jf
144
65
11H
43f
30H
Hi
77
26ii
67)
113
7H
153f
146JJ
B8
.104. IO0H 104 105i
fellsl
s-..SCTtiKn ya
1
fe?
Harrison Bros. &
Co., Inc.
1st Jllort. 5 Bonds
Due Jlay 1. J924
frico oa Application
SH
1
i
If
3CV
vat' ' "' "" - .. .
436 BiRBeroKv oif accocktamts
INVEST IN MORTGAGES
AT 5.4
Recommended by
BEN T. WELCH
1328 Cheitnut St.
WE WISH TO BUY
Willlamsport Gaa 5s, 1939
Sub. Gas of Phila. 5s, 1952
Lansing Fuel & Gas 5s, 1921
Phila. Sub. Gas 5s, 1931
Equit. 111. Gaa L. Pfd. Stock
fteed A. Morgan & Go.
WEST ENH TRUST HUILDINO
riIIUDEI4'UIA
Umhr of tba Phila. Stock Exchan.
M. (1
v I
.S2,401,728.0n
. l.lSa.lHO.TH
. 280.000.00
$9,352,411.43
LIABILITIES
Deposits 17.014,702.22
Circulation 105.500.00
Capital Stock 500,000.00
Surplus and Proflts .. 1,0 12,1 ID. 21
$9,352,411.43
Always Commercial
RAKER, Cathler.
A TEN YEAR NOTE
t'ontcrtlbl Feature
Quick Asset Value of 60
Karnlnts Elf ht Times Chartes
PRICE TO YIELD M
Circular furnl.hed upon request.
MELLOR & PETRY
Uemtwrs N. Y. Plilla. Stock Excbangs
338 COUMEKCIAI, THUST 11UIUJINQ
J. K. Rice, Jr &Co. Buy & Sell
ueuiian weoer nano & Pianola
Victor Talking Machine
Inquxrxea Invited
J. K. RICE, Jr. & CO.
Phones -1001 to 010 John. 3a Wall St.. N, T,
LmtiKfi fuUlo Atwaotaots
6edblc& JZatt&wl
T, AVUlar MrowD
Gcone lluroham, Jr.
WUlUm Wooa
Joha ntcalrn
Charles II. Smith
Philadelphia,
DIRECTORS
Dear? W, Diddle
Charles AVheeler
Mllllatu T. Elliott
Charles E. IwersoU
A. A. Jucluwa
Pa, March 7, 1816.
1
Samuel 31. Curweo
Clarence 31. 11owd
Arerr II. Andrews
Stevens Ileckscber
ASSETS
Ivoana and Investmeuts. .118,653,851.12
Kichanu for Clearing
House m,579.00
Due from Banks and
Bankers 1.607,178.93
Casb and Reserve 5,701,810.01
$26,464,422.05
WILLIAM T. ELU0TT, PreaWeat
WILLIAM PPST, Cuhltr.
, XIAUII.ITIES
Capital , 11,000,000.00
Surplus and Undivided
ProBta (earned).,.... 3,TJ7,8-33
Circulation . .......... 9.600.00
DeposlU 3l.TI7.078.7J
v $26,464,422,05
WILL..MI Y.CONRAD. AiiLCaialer.
ANTRIM U JONES, 2$ Awt, C4iUf
NEW YORK BOND SALES
Ht(h.
1.1000 Alaska Ool.l cv 6s.., 1015
2000 oa r lit rd,...,..ioi
,nooo do r f hi. ,..105.,
IS3.V10 Anslo F I, fia. !.. 04 J4
5000 Amer Smelt 8eo 0S..110H
80OOO Amer Tel conv -Is. ..101
5000 do CU 4V 10T..
1(1000 Armour Co 4H..i. IllH
7000 Atchison Ren 4s.,.n .B4J4
4000 do cv 4s 1000 ....103H
looo Atlan Co Line clt 4s. 88'A
0000 Bait ft Ohio 3HI,,., B3.
O.'.dO do cv 4 'is
,'i
no?
U lotU 101 ji
H 108U 10SU
H 102'i loa'i
7000 rtrook Hap Tr f '18.101 J
40OD Canada south Rs..,.iun
nooo cent leather 1st 0 101 ft
1001) Cent Pao 1st 4s.,... nojt
20000 Chill Copper 7a,t ...lSfi
0000 Ches & Ohio 4Us.i P1H
iSOoo Chi ft Alton .Is,,.., nn
loooo chl II ft Q Joint 4s,, nsjt
3000 Chl II ft Q cen 4.,, D3M
5000 Chl II ft til 4s,.., 04 H
1000 Ch Jill M fit P (tn 4s fl2
mud un .tut ft hi r cv os.in
riiiu no rv -Jits.. nil
1000 do Ken 4Vi ,10.1
nnnn nut n r . l n. .inn
1)000 Chlncsn rets 58.... 77t 77
2000 Chic Ilwy 5s , n8H OS'i
7000 Cuban Am S A 102 102H
looo Cumberland Tel ns,,l00H 100H
15000 Del ft Hud 4s lniO.lOOU 100)1
1000 do rfd 4a... BOW nnH
S000 Den ft Illo Or rfd n 07 07
1000 Detroit United 4M 77't 77'1
18000 DIs flrcur Corp 5s, . 72i 721
2000 Den Eleo deb r,n. . . .lot U lntU
lnooo Hud ft Man In 5a.. S0H DflU
looo III Central 4s ltl.13., ROH S0.H
4000 Interb II T ref r.s, .. 09s Mb
ouuu ini Aier iviar ci 4ss. vn UN
70
M
110,
02 H
1)4
n
I02 fo
044
03 tj
1000 .Inn nnw CI S t'4... 7n'4
0000 Japanese 4 '4 a so
1000 K C Kt H ft "M (Is.. 110
1000 Kan Cltv So n P.2W
nOOO I.ncka Steel fls 1010. 1)4
17000 I,k Sh deb 4s 1928.. OJiU
1000 Ma- ft M T ns 103W
3000 Iiuls ft Nash 4s 04
3000 Minn HI V 8 S M 4s. 1)3 W
B000 Mo. Kan ft T 1st 4a., 73
1000 do 2d 4S 43H
1000 do Bs ti.. ,.. 4.
0000 Nat Tube Bs,,!7. ...101?4
1000 N Y Atr Ilr cvt O.-lOl
ROOO N Y C A Hud 4!i,a.P4 5i
2000 N Y Cent OS..., . . .114.,
1000 N Y city 4Ha 19(10, 103H
3000 N Y Ilwr ref 4s..,. 77.,
SOOO do ad B ni4
!nn2 N X. v O 4Mi 7S
1000 Norf A West n 4s., 01
7000 Nor Iic cen 3s., ., nil
.3000 lnt Pow t..,,,.,jiv,
loooo I'aclflo Tel Bs. Iooi
nooo Penna cons Bs,.,, . .100J1
10000 renna en 4Hs. ,,., .1034
2000 I'enna 4 Ha 1921 ...10.'
2000 Poco Col Bs,,..,,.. R!)J4
20000 lteadlhir pen 4s ni
20OO St l.ftSFrfd ct sta 4s 01 J
0oo Seabnartl A Ii adj Ss cny
1000 south Hell Bs lnoji
4000 South l'ac 4s f(i
flOOO South l'ac cv 4s... NS
0000 South Pac rfd 4s,., Ol)H
BOOK South Hwvsen 4s.., 72
1000 do con BS ..,,... 102
r.BOO Toklo fia ,,,,,..,.,, 7!)
looo T H A n 4s RO
looo l! s Ilubber ns 103
BiiOOO II B Steel Bs st 10(4
20OO II H Gov 3s cou....l02!
2000 Union Pac 1st 4a .. 97(4
nooo do cv 4s P.14
1000 Va Car Chem 1st Bs OM.
1000 West nice Bs , 101H
1000 West Union 4Mb .. 9SU
30U0 Wis Cent Ren 4s 874
Low.
id
101U
2:40
TfM.
".,
43ft
48
jOl 101ft
lot 101
94ft 04i
iok 102
7T.. II,
?ia
111 nl
no rt
ll'i 93
'100ft 100ft
100. loo.
101ft 101ft
1J lu:
78 ft
114ft (lift
.n.ij (lift
loo ft lnoJ
m H soft
88 88
no U no ft
7ft 72ft
IOJ ft 102 ft
784 78ft
80 8(1
In.'M I02U
101ft lnift
102ft in.' J
97ft 07ft
93 ft 93 ft
98 ft 98 ft
101ft 103ft
n.-.ft or, ft
87ft 87ft
Osceola Mlncq Increases Dividend
BOSTON, March 13. Tho Osecoln. Con
solluatcd MlnltiK Company has declared
n dividend of J 4 11 nliare. In January
tho company paid $3. The dividend Is
payablo April 29 to holders of record
March 31.
Fourth Street
National Bank
Philadelphia, March 7, 1916.
RESOURCES
Loans and Discounts $10,122,183.99
Customers' Liability under Letters of Credit 1,617,984.02
Due from Banks 8,014,213.22
Exchanges for Clearing House ,. . 1,811,783.26
Cash and Reserve 22,615,797.08
$74,482,262.17
LIABILITIES
Capital Stock $3,000,000.00
Surplus and Net Profits 6,711,124.35
Circulation 498,500.00
Letters of Credit 1,637,348.62
Deposits 62,635,289.20
"$74,482,262.17
ACCOUNTS OF MERCHANTS, CORPORATIONS ANT1 OTIIKRS .SOLICITED.
roRKION EXCHANGE IIOUOHT AND HOLD. LETTERS OF CREDIT ISSUED.
E. F. SIIANDACKER. Tresldent
I O. ROOEUS, Vlccrrcsldent W. A. I1UI.KLEY, Assistant Caahler
R. J. CLARK. Vlcc-Prest. ft Cashier C. F. HIIAW, JR.. Asst. Cashier
XV. K. IIARDT. Vlco-rrcsldent XV. P.. IIUMI'IIREYS, Asst. Cashier
DIRECTORS
SIDNEY F. TYLER. Chairman
E. F. SHANDACKER
JAMES M. WILLCOX
ritANK T. PATTEUSON
WILLIAM A. DICK
El'TINOIIAM II. MORRIS
W. It. NICHOLSON
FRANCIS I. OOWEN
ISAAC II. CLOTHIER
C. S. W. TACKAItD
T. C. du TON'T
THOMAS S. GATES
WILLIAM do KRAFFT
FRANK a. nOCJEKS
OEOROE K. JOHNSON
WILLIAM T. QEST
JOSEPH E. WIDENER
HARRY A. IlEnWIND
WILLIAM M. TOTTS
SAMUEL DELL. JR.
Union
National Bank
Third and Arch Sts.
OFFICERS
XV. II. Carpenter, Chairman of the Board
McCnlloch, Tresldent loula N. Solelbercer. vi.t.... r...t,.
Samuel Campbell, Asst. Cashier
Conderman, Vice-I'res.
March 7, 1916.
RESOURCES
Loans Investments. .$7,000,113.00
Iluo From Hanks 076,750.80
Exchanges Clearlnr
IIouso 240,407.01
t'nsli and Iteserve..,. 880,422.24
L
$9,393,790.13
LIABILITIES
Capital ,
Surplus & Net Proilta,
Circulation
Deposits
1500,000.00
480,330.80
483,317.80
7,038,018.83
$9,393,790.13
I.OUIS X. SPIELIIEnnER, Caihler
THIRD
National Bank
PHILADELPHIA
Condition at Close of Business
MARCH 7TH. 1916
RESOURCES
Loans and Investments. .$5,50-1,3 10.07
Due from Banks 632,846.31
Cash and Reserve 1,381,073.48
Exchanges for Clearing
House 297,049.09
$7,815,278.95
LIABILITIES
Capital , $600,000.00
Surplus and Undivided
Profits. Net 870,728.45
Circulation 151,000.00
Deposits 6,193,550.50
$7,815,'278.9S
W. CLIFFORD WOOD,
Cashier.
Centennial
National Bank
Philadelphia, Penna.
At the dose of business,
March 7, 191G
RESOURCES
Loans, Discounts and In-
i-uBv.v.::::wj-g
EHSee3 fr Clearin
Cash and ResVrVr.:
f.m,5'2719-W
r-u-. LIABILITIES
Depoaitt3io?.:::::::v.::11o
$5,277,419.04
IRWIN FISHER,
Cashier.
B.A.
o
a Acq.
PUBLIC SERVICE
SECURITIES
"Public Service Securities
are linked with the success
of municipalities,"
We unqualifiedly endorse and offer
for your consideration the obligation
of a highly successful Public Service
Company (net earnings in 1915 were
nearly double those of 1914) in the
form of a
10-ycar Bond to Net 6.27
Q Amount applicable to payment of
'....A!. il: - ', .1 ,
inicrcsi oa tuu eccunry more tnan 4
time sum necessary,
J Tax refund in Penna. Federal in
come tax paid.
J Complete data on request.
4
Baker? AvHixq S Co.
Ss ' Market Street
National Bank
of PHILADELPHIA, PA.
March 7, 1916.
HKSOUltOKS
Loans and Investments to on n,..
Inr,!,. '"''i'j;;i.
cash and Reserve., 3 64 008 k
Commercial Lettera of Credit
Customers' Liability Account
f "Acceptances"
100.000.00
400.000.00
$14,83176.32
LIABIL1T1KS
Capital Stock 11.000.000.00
Surplus and Net ProflU MJ9.606 BJ
ClrcuUtlon S9M0O.00
Deposits 1C.96S.J69.79
Commercial Lettera of Credit 10O.00O.QO
Acceptances Under Commercial
Letters of Credit .J,.."..'. 400,000.00
114,831,776.3?
THE PHILADELPHIA
NATIONAL BANK
7 1911
Philadelphia, March
RESOURCES
Lonns and Discounts ..... 4 . ... $58,827.4fii 5!
Acceptances 7,954,5ioj
juv 1 um uauno . t VtU.159,V
Exchanges for Clearing House. 4,226 21251
PnnN nvirl T3 nMnW4 tf 1 O ni & . Jt
juau twin iwavi vu ., J.O.-J(tl.HffS
TJARTTJTTF.S ' llO000,4Dl;5l
Capital Stock $l,500.0nn
Surplus and Net Profits (Earned) 5082,07l'
Circulation 149,997'
Letters of Credit 3,932,3i6ll
jjonar Acceptances 4,lO3,3OU0J
r j lnuiviuuai . . .oo,aiM,j.o.yo
UCpOSltS Bnnk 30,325,583.30
95,232.712.3
$110,000,401.!
M1VI I,. UUn, I'rraldrnt.
CIIAItl.US I'. IlMNN, Jr., Vlcp I'realilrnt WII.M.VM S. JIAniJOX, Vice Prrili
iiwiiiui. fun luai-uii, vice l'reaiurnc nnn unsiiirr '-;iJ
O. IIOWAHII AVOI.I'i;, Aaslalnnt Cnahler CinoitnU V. GUNT11S, Assist. CM.;f
DAVID IV. ST13WAHT, Assist. Cnshlcr KHAMC I. STEI'lItJNS, Assist. CaiaW
DIRECTORS
ItlCIIAIlD ASIIIIUIIST
cnoiirin vt'oon
Ai.rnnD c. ii.viinisn.v
I.I2VI i,. uuc
nnoiinn n. kiiaxirii
CiKOIlOn II. MoI'ADIlR.V
i:il'I.01IAI II. 3IOHHIS
HANDAI, JIOIirSAX
It. DAI.i: HHN.SON
.SAMUUIi IIMA
I'ininu: h. iu pant
THOMAS H. HATES
ASA S. WINO
SAMURI, .11. VAUCI.AW
Vt'IM.IA.II II. DONM1H
WAMACn d. suniot.a
SAsiuni, d. WAnnixEftl
AI.VA C. DIMtBY ,1
j. iiou'Aitn raw l
.1. KRAIISMir MITCnEltS
WIM.IAJI S. GODITlEra
D
gEga5E5S5H5H5H5S5Z5HSH5g5Z5cl5H5H5H5H5g5a5HSSSa5gS?'3i
Mnrch 7, 1916!
JOSnril WAYNE. Jit.. Prrsldrnt.
EVAX KANDOMMI, VIce-I'rcsldent.
CIIAIILCS 31. ASIITON, Cnshlcr.
V. W. I'ICICKOltl), Asslstnnt Cnshlcr.
ALritED UAUHATT,
Assistant Cnsbler.
DnnlM Ilaliah
(rnrRC 12. llartol
lltHlmnn V. Clrlscnm
I. Mnurnn Hhndrs
IV, 1'rfilprlck hnyder
llolicrt 'lolund
DIRECTORS
I'ltANXIS II. Ili;i:vr.S, Clmlrman of tlin Doard
XVm. Neuhnld Illy
Mnrils I.. Clolliler
.Inliil Rrlhlirl
Oforn M I'nildrn
l'rnncls II. ICreies. Jr.
Vin. XV Tnilcr. .Ir,
Ofortf I). Ilosencnrlcn
Insrnli lVoyne, Jr.
Kinn Ilnnilnlnli
Morris It. llncklus
Arthur V. Morion
IVm. Jnj- Turner
A. J. County
Statement of Condition at the close of business March 7, 1916.
RESOURCES
Lonns nnd Investments . . ., $46,180,902.10
Customers' Liability under Letters of Credit. . . 195,014.94
Due from Banks 7,486,124.61
Exchange for Clearing House 2,157,940.75
Cash and Reserve 14,030,169.30
$70,050,151.70
LIABILITIES
Capital $2,000,000.00
Surplus and Net Profits 4,887,153.06
Circulation .j. '. 1,079,097.50
Letters of Credit issued to customers 195,014.94
Deposit 61,888,886.20
$70,050,151.70
The
Kind of
Merchants
.n
who carry accounts with the Corn Exchange f'
is conclusive proof of its high standing.
ItESOimOES
Loans & Investments.. 120,15.1,(157.37
Due from .Banks 4,323,900.73
Clearing House Ex
changes 1,383,308.48
Cash and Ileserve.... 8,431,011.05
$40,003,573.02
March 7, 1916.
LIABILITIES
Capital 11,000,000.00
surplus ana Net I'roiits
( Earned
Circulation
Deposits . . ,
NEWTON W.
2.505. 11S.JJ
105,000.00 w
, ao,oe3,i:s.3v
40,063,37".3
COIISON,
Cashier.
Corn Exchange
National Bank
Philadelphia
Chestnut at Second Street
Copper Stocks
Offer the best immediate opportunity for speculative investment.'.
Orders in lots executed. '-
Our booklet giving detailed information on all tho leading com- 'i
panics will be mailed on request. q
Newhall, Churchman & Co.
3
Members Philadelphia Stock Exchanfs
ieiepnonsi Sprues 4392
Race 372(1
Slock Eichsnse
Philadelphia
BuUdlsf
The Bank of North America
Resources
Loans and Discounts.... 118,283,736.66
Duo from Banks and,'"',i"'-"
Bankers ....... 2,g6T.371.1S
Clearing House Exchanges 1.918,253.14
Cash and Reserve.. .. 4,358,,56.!
Treasurer of the United "
Htates 73,750.00
Total
. $27,280,627,16
E. S, KROMER, Cashier
Philadelphia UarcJi T, 1JW-LiabilltitiS
Capital !.MMHJ
ProflU .... 3,UM'VI
ClrcuUtlon "HJilll
Deposits JlWA
Total . . . .27,28,WSj
Land TiUeBldg. Philadelphia.
W,
r, SKiMBTT.
CasbUr.
t
....,fU
o