w
EVENING LEMER PHILADELPHIA, MONDAY, JUNE
1916.
FINANCIAL NEWS'
Vi
UNSETTLEMENT IN WALL STREET,
WITH SHARP LOSSES IN MANY ISSUES
i i-
Adverse Decision in Corn Products Suit Caused Break in
That Company's Shares Ordering of Militia to
Border Also Reason for Uneasiness
High Points in Today's Financial News
Philadelphia weekly bank statement showed decrease in loans and surplus as
well as bank and individual deposits. Price of bar silver lower. Very little
change in traffic situation from West to East. Borden Manufacturing Com
jlany increased dividend US per cent, for quarter to 2 per cent. Pilgrim Mills
declared (3 on accumulated dividends on preferred.
NEW YOltK, Juno 20.
Liquidation and trepidation combined to make nn unsettled tone on the stock
market today. The adverse decision on the Corn Products suit, rendered on Satur
day, catling for a dissolution of tlio company, took the ground from under tho
feet of tho bull pool In that stock and when heavy offerings were made this morn
ing: tho common stock broke Gi points to 13VS. The preferred at tl)o same ttmo
dropped 11 points to 85.
There Is little doubt that this sharp break caused uneasiness among speculative
holders of other specialties and that hurried liquidation was too much for tho
market In theso stock to stand.
More Importance was nttnehed, however, to the heavy selling of Heading than
to the trading In any other Issue. Harry Content, who a short time ago com
pleted a sale of 100,000 shares of New York Central, sold 1G.000 of Heading In the
first hour nntl tho resulting decline weakened many speculative accounts and
forced liquidation on a largo scale
In addition to tho unsettlement caused by the break In Corn Products a fur
ther reason for uneasiness was found In the ordering of 17,000 militia to tho
Mexican border. Tho card which was to have been a bull factor the Indorse
ment of Hughes for President by Theodore Hoosevelt fell flat, although It was
preceded by a spurt of an extremely bullish character In United States Steel
common.
Borden Manufacturing Company Increases Dividend
FALL RIVER, Mass., June 26. The Richard Uorden Manufacturing Company
tas declared a quarterly dividend of 2 per cent. This Is an Increase from the last
quarter, when UJ per cent., the usual rate, was declared.
Pilgrim Mills Pay $3 on Accumulated Preferred Dividends
FALL RIVER, Mass., Juno 26. The Pilgrim Mills has declaied a quarterly
dividend of $1.50 a share, payablo July 1. Directors also declared a port of a de
ferred accumulated dividend on the preferred stock, amounting to ?3 a share.
NEW YORK STOCK SALES
Lat close, High. Low. Clone.
Adv Rumely 15, 15 15 15
Adams Express 141 I37JI 137 137
Alaska J Clold M 8 8 8 8
Alaska Gold Mines 20J 20 19! l!Hi
Allls-Chalmers Mfe 24 21 23U 24
Allls-0 Mfs pf 70! 80 70 80
Am Ac Chemical 05 05 (V 05
Am Deet Sugar 87Jf 87 8-IU l'i
Am Can 53 52H fill, 51)
Am Canpf -...1091, 109H W0. 100U
Am Car & Fdy SGJf 503 54JS 5-IJj
Am Coal Products 142 142 141M 142
Am Cotton Oil 534 53'f 53'i 53i
Am Express 125 123 123 12-3
Am Hldo A Leather 05J lOJf OH 9'f
Am Hide & I, pf 49. 51)i 40H 50H
Am Ice Securities 23H 2bH 28 2SH
Am Linseed 20H 20 10)4 10$
Am Linseed pf 45 45 44W 4ii
Am Locomotive 68K 08)4 03 05'i
Am Locomotive pf 102H 102) 102)4 102)4
Am Malt Corp'n pf 35H 35)4 34W
Am Smelt &Hef 03)4 92)4 91
Am Smelt A It pf 110 110 110
Am Smelt pf A 03!i 93 02
Am Steel Foundries ... .47 47) 40!f
AmTel&Tol 130)4 130)4 130
AmTel&cable &3i, 01 01
203)4 20iS 204)4
44)4
97
20W
40)4
05)4
77!f
0W
Am Tobacco
Am Woolen 45 45)4
Am Woolen pt O0J. 97)4
Am Writing P pt 22W 20)4
Am Zinc L & Sm 43 4354
' Am Z L & 3 pf OOJi 05)4
A iweunda Cop M 80 S0K
Associated Oil CO 085.
Atch Top & S F 104 104
AtchT&SFpf 101 101
Bald Loco Wks 80i' S0)4
Balt&Ohlo 8834 SS
'Balt&Ohlopf 70'4 7CJ
Batopllas Minim 134 Vi
, Bethlehem Steel 444)4 412
Brown Shoe 55 51
,, Butte & Superior 09)f 70
Cal Petroleum 17)5 1734
Cat .Petroleum pf 45 443J
34)4
91)4
110
92)5
40U
130
01
204 4
44)4
97)5
2014
4035
05)4
773.
m.
103)4 fl)3)4
100 J, 101
70
8714
76U
m
135
54
00
17)4
43.$
Canadian Paclflc 170)i 175)5 175
Central Leather 54!f 50H
Chandler Motor 111J4 110
Chcs & Ohio 02 013.
Chill Copper 21)4 215
Chlno Copper 49 4!)'
Chicago Great West 12)5 12)5
Chi Great West pf 30)5 30)4
Chi Mil & St Paul 97 07
C C C & St Lpf 85 82)4
Chi & Northwestern 128 128)4
Chl'It I A Pac 223 22)4
Cluett, Tea A Co 7234 72)4
Col Fuel A Iron ,.. 41X 40H
Consolidated Gas 13-154 134h
Con O E L A P Bal ....115 114
Corn Products Ret I0)i 10
Corn Prod Jlef'pf 90 88
Crucible Steel 78W 78U
Crucible a (eel pf..
Dea A Itlo Gr pf 30)4
wetroit united itys 115
Distill Sec Corp'n 43)f
Dome Mines 26)f
Eria 30
Erie 2d pf 45)4
General Electric 100
Qranby Consol 87
Greene-Cananea 37
Goodrich B F 74)4
Great Northern pf 120
G N cfs for ore prop ... 3 1J5
Illinois Cent 101)4
Int Harv N J 113)4
,Int Harv Corp'n 80
Int Con Cor v t o sh. .. . 17)f
Int Paper pf 68)4
Insp Con Cop 4835
Int Nickel r t cfs 4535
Int MM cordep, 23 H
Int M M pf a of dep. .. . 69Sf
Jewel Tea 80)4
Kan City Southern 20
Kin City South pf...... 003
Kelly Spring Tire "O'i
Kennecott Copper 48)f
Lack Steel Cp C0)f
Laclede Gas 100
Lako Ella A West 19)4
Lake Erie A W pf 42U
Lehigh Valley 78
Lea Rubber Tire,., 40
Long Island 37)4
55
107
59)4
21
49
12?.
35);
901
82)4
1 1
8734
70)f
Pi
442
54
GO'f
173 .
44
175
55
108T5
00)5
21)5
49
12' 5
35'f
90)4
82)4
12Sh 1285
22)5
2)5
o
72 J 5
3934
133)
114
13)4
85
733
3934
133'
114
135
87
733
114)5 114)4 114)4 Ill)j
30
115
44
20
35'f
42)5
100
SO
34)4
74)4
120
35)4
Mackay Cos pf.
Maxwell Motors,.,,.
Max Motors 1st pf,,.
Max Motors 2d pf . ..
May Dept Stores
Mexican Petroleum.,,
Mex Petroleum pf.,.,
Minn St P A S S M .
. Miami Copper ......
Missouri raclflc...
87)4
825
87
55)(
61
07J5
Ul
20)i
115
42)
255
31
42)4
105
85
34
74
11035 1104
34 34
101)4 104)5 104)4
115 115 115
79
10)4
50
48
45
21)4
8514
70)4
25
til
70
4634
05
105
19
42)
70M
47)4
34)4
08
80)4
80
53)
00
02)4
003
70
17
57)4
4S)4
45)4
23)
89
79)4
20
01
70
48)5
00)
105
10
43
77)5
48h
34)4
08
82)4
87
50
00
97
PO)f
SU
115
423
255
345
42)5
105
85
34)4
74
70
18)5
50
43
45
22
87M
70)4
25
01
70
403-5
05
105
19
423
7fiM
47)4
34)4
OS
8035
80
55)
00
P3!i
90)
Philadelphia Co.
ritts Coal Co N J ....
Pittsburgh Steel pf. ...
Preyed S Car Co
Pub S Corp'n N J ....
tjulcksllver
Hy Steel So Co
Ray Con Copper 20' 5
Heading iflij
Reading 2d pf 45Vj
jirpumic iron a s 44; j
Republic I A S pf
Seaboard A L pf
St I. Southuest pf
Shat Ariz Cop
Sloss-Shef S A I
Southern Pacific
Southern Hy
Southern Ity pf
Studebaker Co
Tenn Copper ...,
Texai Co
TeTas Pacific
Third Avenue
Tobacco Prod pf . .
Union Hag A Paper . .
united Cigar stores
Last close Hlch. Low. Clone.
i'J'i Mil's 311 39
20' 20 20
00 90 90
40 40 40
I20'5 120J5 120'.'
3 3 3
42'5 41'4 414
21 2035
99' 5 94
45) 45
43'4 42'5
20
97
4734
120
31
I2H
107'4 107)5 107.4
38
. 43)4
. 29)5
. 50
97),
. 22)4
. OS
.1375
. 31
.184
. 13
. 07'
.101
5'4
04
US
43tf
204
474
97' i
224
07
138
3 j
3S
43)
28)4
474
!li
OOli
21
01'5
45
423,'
1074
3S
43'
294
474
90'
224
054
13535
V
'J
054
135
333
3S3'5 17IHs 1704
12' 12' 12'.
004
100'
54
rn
Union Pacific 130)4 130' 13.",'
82",
00' i
100'
54
93
82H
13S
204
159
84
IS
52
84
Union Pacific nf.
V S Ind Alcohol
u s c i p a r ." ....
United Fnilt
United Ity Inv Co..
United Itys Inv Co pf
U S Rubber .
U S Steel Corp'n
U S Steel Corp'n pf . .
U S 8m HAM
Utah Copper
Va-Caro Chem
Va-Caro Chem pf
Wabash .
Wabash pt A
Wabash nf 11
Western Maryland 20
West Union Tel 934
82)4
ISO
20'
159)4 150
84 .8)4
184 184
52 52
SI' S2'
117)5 1174 117'f
0S3 OS 044
70 70 75
10 40 3S
fi,4
100'
54
03
13.V
82' 5
13134 137
1934 194
150
84
1S4
52
83
117'
014
75
38
1083. 10S4 10S34 1084
133,
4SU
West E A M
Wllljs Overland . ..
Willys Overland pf. .
Wisconsin Central ..
Woolftorth F W
Woolorth F W pf .
1335
47'i
27
2S
02'
534
20
1003
39
135
134
404
20 ,
27
!).
504
270
584
.2S0
.107
.. 39)4
.135
..1234 123)4 1234 123.4
13
404
204
274
924
504
270
1005 100'
39 39
135 135
Total nilfs. (131,500 vharrs,
80:,IOO hharc. last Monday.
compared nlth
NEW YORK COTTON MARKET
NEW YORK, June- 2l In tho fnce of a
bullish report by the Commercial Appeal,
favorable Liverpool cables nnd what some
considered to be too much moisture In tho
Eastern belt, the cotton market this morn
ing made a rather poor xtart, prices being
S points higher to 1 point lower.
Business was small In comparison with
recent days. Spot houses bought some, of
the late positions nnd Liverpool was a buyer
here. Wall street and commission houses
sold.
128)4 12 Hi 125)4 125)4
. 34) 34)4 34)5 3434
7 0)4 0)4 035
Nat Biscuit 1215 122 152 19i
Nat BUcult pf . . . . , 125 125)f 125)4 125)4
. Nat Cloak A Suit 75 70 75 75
Nat EnamAS Co...... 2434 23)5 23)4 2314
KatUadCo 61)5 64H 644 64)4
NevCoaCop lfllf 18 16 10
New York Air Brake.... 131 1301128 128
NYNIiiil 01J5 61)4 60 003
Mew yore central., ...iuih 10IH 103 103
NYCblAStL..' 40) 40) 40) 40
NY O A West 26) 26)4 26)4 26)4
Norfolk Southern 27 23 23 23
Norfolk A Western 131) 1313 130)4 130H
North American 66 06)4 66M 68)4
Northern Pacific 1I3J5 113M 112M 112)4
NorOUoTrAL 70 85 85 65
ean Railroad 57)4 57 57 57
Rat clone.
July la.'.'U
August 13.34
October 13 37
December ....13.53
January Ll.tl'J
March l.'i.hil
May 13.h
Spot 13.40
Open.
13 L'lt
13.31
13.40
13 51
13 fit
13 74
13. bU
11 a m. 12 m.
13 27 13 111
13 39
13.48
13 i
13 33
13. 1'J
13 53
p.m
13 II)
13 33
13 41)
13 40
UNION UTILITIES
1st 5'S IS44
Tax Free In Fennnylvanlu
IV1ELLOR & PETRY
Membem N. V. i. I'hlla. Mod; Kschanm
336 COMMEIICIAL TKUST I1U1I.D1NQ
WANTED
Charleston Consol. Rwy. C, & E. Ss
REED A. MORGAN & CO.
UKST KN11 TKI'sr Jtl.lKi., PJ..i,.t.
Mrinber uf the I'hlla. block 1-Uili jniio
New York Bond Sale
ilSOOO Amer Smelt See Os,
tboooo Anirlo-Krench M . . ,
iBOOO Anur Tel clt 4 . .
oooo Amor Tiircnd 4 .
351)00 Armour Co 4', .
nut) Atchison s;en 4 . .
RuiiU A V Line 1st 4 . .
HOOD Unit A Ohio r,.l ..
J800H do 4s
tivuuo do ev lb ...
BUDO 11AO P iI.KAWV 4s
3UW Ueth Steei 1st 5 .
ioiii) do rrd n
ltlKh. 1.0W.
. .lOO'l 100'i
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3()ii(i O c U A Mt Ii 134 s .. CB4
"01)11 I'nl II.1B Klcc ill .. l)t
liUim Cent I.entlier 1st 3i..!U'J'!
luou i-enl iik
4IIIHHI t-hiii corner
4o)o cnea uni
loujt
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8Bt
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lonu
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10(10 Chi A Nun m-n l.
BIMMMI L' II A W Joint l. . ,
5(11)0 C Jt A M 1' ll lW.'A
Soimi tin Kf-n 4'
310(1(1 do tv 4I4
13(11(0 do Ken 4'M
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idhiii Detroit I'nltetl. I'.
noon 1JM Sfc Corn .is . . .
2.'i)(i line timv 4s Hor D..
(.iinii den i;ic deli "!
111(11 limit Vnl I'JS
llllidil III Kleel (l"li l'l, . . .
(iiiiii) Indlnnii Steel 5s
noun lmvn tViit ref Js. . .
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DIVIDENDS DECLARED
Killrontl HrcurltleH Company, roffiilnr nemt
nnnual of per tent, on tho I ppt cent ntock
pprifM A paynblrt Julv 1 to stock of record
June 30
PurlhV Tleraph mut Telephone Company, reg
ular nuarterh of ls ior rftit. on tho preferre-l
atork p.inbl Julv 15. Hooks ctoae June 30
ami reopen Julv in
lllllli!l!IS!!lllllllllll!!!IIH!li
1 Millions in Profits g
boing to j
Motor Stockholders s
HI
C Tho enormom arnins telns
piled up ty the country'! automo
bile manufacturers liavo fully
justified the incroasetl market
valuation of motor itocks,
J Moreover, the increasing growth
of tho Industry should mean A still
greater enhancement cf motor
ttock values, lozlcally cecessttated
by tho continued expansion of tho
business,
t The following: are some of the
automohllo manufacturers wha xto
participating in the present vn
paralloled prosperity!
1
s q Our frr r Motor Handbooli, ana. A"
LTU lyzini 50 locuritlej. will bo nt J
j upon roiuast. Ask for CO-PL, in- s;
r; cluillns Ijooklot nxplainlnc -
"The Twenty Payment Plan"
Orcrland Chabnert
Cliindlcr Chevrolet
Sludcbaker Saxon
Maxwell Pecrlcsi
Hupp Reo
9.M
IrcivtmeMyEcuritle
tnatabllshed 11)03)
40 Exchange Place New York
IlilllillllKlllllllllllllKHlllllllllIll
J3.A.y
ti DTiniir ccDiirc
. V- r W J-ltil-,, vJJ,IVV .-L,
SECURITIES
Public Service Securities are a lien
on the success of communiiies.
G. vve recommend for your consider
ation the 6 notes, due 1920. of a
highly successful company whose earn
ings show a large margin over all re
quired charges.
C, Both gross and net earnings -will he
materially increased hy additions and
betterments, which will also add sub
stantial assets or increasing value.
C, Price par and interest.
O Tax refund Penna. Federal income
tax paid hy company,
C, Further details on request.
Becker Aylirxg 6. birg
Laid Title Dldg. Philadelphia.
?
PIYIDENDJL
NATIONAL PKOPEKIIES COUP.NV
Phlla.dcl cbla. June ltith. 11110.
Tbt Dlrectora hte thU day declared resii-
l.p m)aaBiul dlrldaiul of
t((red atock. payabla Jul
IfcU.
lur reut. on th
ioiu. ivio. to
Ctwclu vlll b
tcfkboldv at rtcord July
siaucii.
r VAN HORN ELT. Preoldent.
DIUECTOItY Or ACCOUNTANTg
CttO&ti. 1'uMlc .Ucountauta
LAWRENVE E. BIIOWN & CO
Hl HKA.I. B8TATB TU8T llLTlt.Dt.VQ
WE ARE ALWAYS
pleased to welcome visitors and new resi
dents to Philadelphia and to afford them
every assistance within our power. The
complete facilities of this institution are at
your disposal.
Capital and Surplus, $2,250,Q00
The Commonwealth.
Title Insurance and Trust Company
CHESTNUT AND TWELFTH STS PHILADELPHIA
Sales in Philadelphia
2 Am nwj-B 8S
10i Acmn Tea til
100 do prof 07
60 Hold Iajco 80U
1 do prnf 103
C,1 Cam Steel .... 83
60 Corn Prod 13H
05 Hlte Btor (12
700 Erie 3.1 H
Hi Harrison llros. .Ilo
ltIO Ins Co N A '27
1300 l.nke Sup Corp. 10S
fl i.ehla-h Naii ... 7r.?
00 lhlith Vol ... 77K
1,0 N V CenttAl ..103
201 l'enna Hit ... B7'4
lop Ta Salt MfK..lnoi,i
111 l'a Httfl pref. 98
1! IMilla. i'o W
1(1 do pref .... 31
31(7 I'hlla nice . . . HUH
145 I' It T t c 18U
H'lll Itrp I A S .... 43
43 J ltendlriK (ID
iiiiii Ho ltwv SiMi
Had Ton 111 41
in." I'n True i
lin 1' O I Ml
3iiso v 8 Stirl 844
in IVnr lr & St.. .',
UO.VDH.
1.
i
14
l 4 s vat
(r.nnn Alln),ant. Vnl
.:...: ..,........ ..... '" ::
;)iiuii Am u a i; os. ;ii
i'liim i;itv 4s '41 ron 101
30(11) Klc Poo Tr 4s t)tt
1U000 Lh Nv ens 414)1.102,
moil l.rh Vnl (ton Is Dili
Oimo do rs 04 s '03. lllll
30O Nat Prop Ml. 70
HlUO Pub Set N9 Rs V2
Low. CIosp.
iinii vn
II3V 135
mil. nn
8(1 so
10 J 102.
Dili 01U
loo Kki
on fin
02 02
62
97
77H
103
83
18T4
112
3.1
110
27
10V4
73 U
77 1
103 4
r7H (,
100 Vi
08
40
38 .....
L'Hji
18 4 ,,
42H fi
SO, 4- !i
Net
chanee
GOVERNaMENT donds
nid, Aied
2a' ritlatrd 1030., .,..,, ,j,,.,, . PO .t
2s coupon 1080 , , , , i , , . . . 0(1
3s rKlaired 101R. ,....,....,... .ton 102
3 coupon 10l8,i,...,it ,.-v. .100 .
4 roRtstrred 1D2S.. .".....'. .110 112
4a coupon 1023 Ill
Panama 2a rmlstcred ,103(1 08V4
Panama 2s resiatered 1038 OS',4 , .
Panama 3a reentered 1001 100
Panama 3a coupon 100
Hank
apondlnjr
BANK CLEARINGS
cWrlnits today compared with
corfe-
... !... t.A n.r,
" """ .'i'.'i " .... .mi
Beaton ... .123.402,150 ti0.83O.J72 10 Jji.Aon
Pnlladelphla. 32.7(12.801 21.424.427 ?i'J5-l2
New YorK. .30(1 32(1 007 2J7.0O3 008 2t8.0n.1.Ot2
Chlcaso .... 30.20.013 17.742.801 33.077.0CS
BAR SILVER
In tendon bar silver waa quoted it 81Hd
today, a decline of 8'toVI.
In New York the price of bar silver WA
IBS P., a deellno of "4c.
LIVE StOCK dlJn;l4r
ClttCAOO, Jun'20. ltooi , 1US
Mafket lf,c. hither. Ml.Vd tZ "f"1"". H.a
WlO.Oli nood heavy, in adJ,?? ""eh ",!l
lO.lSWO.ISs tlitht. 0,40,03.., ' 'i1" W i
bulk. I(l,7.10.03. '' rl"' SlUttR' I
C!ATTI.KrlM.lfla
1.. HI. ,.-..M '
.... . ,i,..iii. '.rir..
r''lirrs, rf, IHVV.41)
ni.ii.i; Texan:
.. Hiuicr
Natlve and
li.d.i
la.tiim ..
.18,23011 i?rt
(nekers iV .
9lj,
exans, 18.73fr0.f" 5JSSni tA
' Ilecelpta. la.ooo. "ff. iffff
"m .1?:-
Local Bid and Asked
Ilaldwln
liurr A Bus t e
ilo prpf
Ilrlll .1 n
i:iec Stor
Uen Asp
do pref
Ke atone Telephone .
.In t c
do pref
I.nkn Muierlor Corp..
I.ehlKh NnvlR-ittlon . . .
Lehlnh Valley
I.i.hrh Valley Tr
do pref . . . .,
Pc nna
Phlln lllec
Phlln C'n
ilo 3 per cent, prd .
do II per cent. pfd. .
P It T t c
lteadlnf;
Today
Hid. Asked.
77 784
M 3.1
rn r,s
a.v; .in
on. o'j'i
.13 334
7(1 7l'A
14'A 13
14(4 IB
OS Oil
10 10J4
7.1 73V4
70J4 77
l'()4 21
41V4 42.
37. B7'i
JSIJ 2m44
311 40
.IS 30
30T4 40'i
18V4 ih;
)i lilt
Saturday
tllil. Asked
80S 8(l',4
M 32
SO 38
33 3(1
(12 11.1
.1.1 34
7UV4 71
14W 13
14V4 IS
iih nn
10V4 10
73 7.V4
77 V. 78U
21 21
41V4 42
284 il'i ,
4(1 40V4
;in 30
40V4 40
18 IK.,
00(4 0011
Send for our New Booklet
"Bonds Favored
by Banks in 1915"
Their Relative Yield
and Market Stability
Discussing the various factors
which have influenced the
recent investments of banks.
N.W. Halsey&Co.
1421 Chestnut St., Philadelphia.
New Tork Chlcauo Ban Francisco
mA.Mi.i.ili c.v.-il inu.N flfi. a. t-))L.M)lt
t'U.UI'A.W 6a 1'IKST .MOKTdAdi: tiOLU
IIIIMIM. DDK JULY 1ST. 1028.
Purnu.int to terms of MorlcaRe dated July 1.
11108 $23.1X10 of bunds han been drawn for re
ilemptlon nt 102(4 nnd accrued Interest, aa of
July I. 1UI0. nut nf moneys then payable to
hlnklii I' unit. lz. :
Twent bunds for ?1000 each;
0 12 7U 100 143 218 244 240 824 844
385 401 418 4U7 328 IU7 032 728 708 7S5
Ten bonds for JSliu earn
811 82(1 887 003 041
111(12 1030 103U 1148 1173
Above bonds, with all unmntured coupons at
tached, should bo presented for payment at ofTlce
of Trustee on or after July I. 1010, when all
Interest thereon will cease.
OtllAltl) TRl'HT COMPANY. Trustee.
flF.onOR 11 STITAMT 3d. Treasurer.
Phllnri-lphta Pa .June 2. mm
INVEST IN MORTGAGES
AT 5.4.
Recommendej by
BEN T. WELCH
1328 Chestnut St.
foAZIERfrCb
INVESTMENT BANKERS
Broad & Santpm Streeta
The Up-to-tfie-Minute Bank
having $40,000,000 of resources, occupying its unique
position m the very heart of the wholesale trade, yet
within ten .minutes of all railroad terminals. It is not
'" ' merely a place in which to deposit money, or from
which to borrow, but a centre from which spring ideas
for the general business welfare. '
There could be no more satisfactory home for a
bank, with light, ventilation and comfort for employes.
A four-story building with about 25,000 square feet
of floor space. Magnificent vaults and Library Bureau
fire-proof filing cases. Every modern device; self
operating elevator; pneumatic tubes to every depart
ment; lock boxes in which each renter actually makes
his own combination, with individual key, impossible
of duplication.
In use here are the Burroughs ledger posting
machines, comptometer, coin counting and coin
. wrapping machines, Edison dictating machines,
Elliott-Fisher 'billing machines, Ellis Adding Type
writer machines, together with Burroughs and Wales
adding machines.
Addressograph kept busy at all times. Among
other work it does is the addressing of wrappers for
our "Advance,'-' which has a circulation of 18,000
monthly. .
. ' In the department where most of our printing
is done is the multigraph, together with paper-cutting,
perforating-punching and type-setting machines. All
modern mechanical equipment, plus an accessible
force of alert men striving each day for perfection of
service.
Come in and see foe yourself
A pioneer
advertising
Bank in
Philadelphia
Corn
Na
Exchange
ional Ban
Chestnut at Second
Philadelphia
The National
Bank Act -
wii ptJ hy ConfrcM anJ iitfniJ ly
Prtii'dtot Lincoln. Fttnury 23, 1863.
At that tint tbt Government ww sorely
in need of fund to carry on the war. tad
thia bill required banVe to tab out circu
lation baled on a dcpoiit of Government
bond, thu providing market for tb
bonds and fundi for tbt Government, it
tbt aame timt tfiviotf ui a lift currency.
Tbt Firit National Dank of Philadelphia
wae tbt first bank chartered uaJcrthis
Act. Though proud of iti hiitoncal re
cord this bank takct greater pridt is that
it i equipped and conducted for tbt high
cat clan icrvicc to iti customers.
The First
National Bank
or PHttAMumw
315 CI..1.0) St.
aUanVjJ9BtoMM0C Ik !Mr"jr
The First
Charter
under tbt National Bub; Act wu utotd
to tbt Firit Natioaal Bank of Philadelphia.
Wi rtJl have tbii charter ta our poaatt
sioa aad ihall bt plsaied to show it to any
oat iatarcitid. Thouh proud of its Lis
torical record, this baab takes greater pride
ia that it u equipped aad conducted for
the highest class aerrica to it customer.
The First
National Bank
or Phuacophu ,
315 CU.t.l St
NATIONAL BANK
CURRENCY
u
w.i fiilt u.J 'to lit Hrrt N.liumJ
D.V .( Ptiljjdplii. UJr m o,r
tira f ttt FJrl Rim Act tlu
currcsor will ti ntu.Uy l retired. W.
(t31 lot ti. onfiul Ml. (Al) uJ
till I. (l.tMi to lo it ta y m
utircittl TtoujU (ml f it, li
toruil iicorj. llu laeV tV. fritter
f tiJ. ta tlt it 14 iiiu;fl uJ coJtJ
for tie Jfhut clua Mrru, to iu cuatowrt.
The First
National bank.
OF PlUAKUWU
315 CW..1 St.
Fellow
Members
of tbe Financial Advertisers Association
and Members of the Associated Adver
tising Clubs of the World, we take
great pleasure in extending a cordial
Welcome to all members and guests.
Any information regarding accommoda
tions or otber matters tending to make
your stay in our City a comfortable one,
we desire tbat you stand on no ceremony,
but call on us personally or by telephone,
We are located at 315 Chestnut Street,
which is inthe heart of the Financial
District and in the midst of historical spots,
such as Carpenters' Hall, Independ
ence Hall, Congress Hall, Betsy Ross
House. Christ Church and many others,
Our Telephone numbers are ; Bell,
Lombard 294; Keystone, Main 1360,'
vn8Ef
315 Cheitnut St
The First
National Bank
of Philadelphia.
Jay Cooke
MtwvJ tl. Knt N.ta. J D..V Q.rtor umJ for d
Fu.1 N.no.J Buk .1 PU.Uliu. Aa. lb
nr?ul .t.cll.U.r WII. Mk W.U-I..W. B M
R.l.n B. C.I.... C.U.. C. . J..I.O U I. .U
Su.l, S...I,. A. C.Uw.U. Si.Vu. CJJ..U U C,
D(y C.J. Uur Prtil.t FiJLtr Tfil Cp.l
Cl.,... II ..4 E W. Cl.tl. E. W C1..V V Cj
I3..l.,ii O. W. O.rls D..u V Dura. An.7H
.(Uw, ..J PrmJ.t Junf rt.u.ri..i TUm
D,.,. R.u,.iC.,U.U.i, ). d.IU.U. F.ILCnl.4
In. M.nlutt L. A Gti.r. Gm.7. ir. BmIi
Ab. R. littl.. Oint.r Paaatvl..!. R.ilfMJ C
DrrCJ,M.,.l..li Mm.. M.M..I..I. Sr. M.jk
.1 PUU,W M.h.. M.M.kuL Jr, O.Un
W.li.r MfUl.il. PntwUut n. N.ri A
.i ii.i .;.., w c. i.l..J. j.r ci.f Oi
j.m.Ii f p... R.J E.ia ..a B.aji Gatt.
pioLr. p,...i.i .( ii. f...i N.nJ. iin-iwii
w. s R..-.U. ci.... iw.u u cu., c..lt
Sluar.. Dry GmJi Mnk..tt ChtH F. TjW .W
..J OJ M1.. J.. A.Wili.PkWrli
U S... SteaaAif Ar.l. . .
Mr .1 ikM .sill.. n3 V.U lUr muJ
Mm
The First
National Bank
or PmiAKiPBS
311 CV.xm.i St
Located
In The Heart
.( ll, Fi'a.uitl Dutnrt o( PlM.lfli. t
315 CHESTNUT STREET, tl Tmt
N.tua.l D..I k.l t. J.iiu'
pl.c. fr 52 V". 0 llu '
ll. Frl.H.n HtuM, t tltt tl'l "
Cut lial.U ia tlul caaatry. W" . " j
liitari rlTi'.( al lli aat.l w TJ'
Clf.taut Strut, a ce.y a( wkia i rtjU J
fUitaJ to artMat ta aayoaa iat.MrtJ. T?'
f raaJ o iu autoriul r.corj, ilia laal t
Jnat.r ariJa u lUt it U aaif aJaJaaJll
er tia Uil.rt cIm. rw to iu n-to""
The First
National Bank
.or Pbuakuuia
1UCW..I3.
.ill
915 CLunat St
Caaatnlln'a CJL
RESOURCES
loaa. i IftMmMU
Dw. If aa Bw.
Euu.0 tr CbwiM tlasM
Cula4 Ruwra
SmJjt 1ms.
UAiiUTlES
C.r4 ,
S.ralM .ai Prahta
ILvuJ l&rMI
Cvaaulw
PfOt
The First
National bank
i ...
C-rHT'f.S1
any.,..
oJMJWM
jjaiu
JKI.100M
1M.MUM
UI.tU.W
tia.w
4MJ0WW
Wat A. low. Pni.1
TlWAJ..M
cu-iiJ-?ri!;
IB'" iZLCAu
.
Ii 1
FrMM.
lUrr h " ZZ I
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