Evening public ledger. (Philadelphia [Pa.]) 1914-1942, March 15, 1918, Night Extra, Image 16

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MARCH 15, XnS
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fcEILLY, BROCK ft CO.
i ,. IIANKKP.S
INVESTMENT
SECURITIES
GOVERNMENT
MUNICIPAL
RAILROAD
AND
PUBLIC SERVICE
CORPORATION
DONDS
:CG CHESTNUT STREET
riiii...ii:t.pniA
ty'; '" ' ,' 'jflVENING;BiaOr1EDG3BR-HeHILAPELPHIAt FRIDAY, MARCH 15, J.91S t ;
News' of the financial world new york and philadelpihia stock pricij
NEW YORK STOCK MARKET MOVES
UPWARD AND THEN DOWNWARD
Changes at Close of Session Are Generally Un
important Canadian Pacific Is Weak
Because of Increased Taxation
High Points in Today's Financial News
Vrieca moved vpieard earty but declined In afternoon on .Yriu York
Stock Exchange, uttjt. t toning quotations little -hanged from ianl night.
Increased taxation made. Canadian raclflc leeak. Curb trading was Hutu
teiesttng. train tins tnurr and cotton higher. lArc cutter In foiclgn
exchange vttnket. .n Increase In cotton exports uas reported bg the
census bureau. Tlar sllucr was unchanged tn .Veil' York and l.ondoi'.
New York Stock Sales
Low
11'.
l'l"
Mi
N.I
I III..
211 V,
I2i
3'
3.V.4
(17 '
1074
A3
i;
oat
Metropolitan Edison Co.
deciding. r.i.)
First Refunding 5s
line Alllul 1. 19-'
,
Free Penna. Stale Tax
To YieH V2
tlrtuUr on request
KLEMfiflfrKEEN
1326 WALNUT ST.
Now York. March 15.
The stock market nltcrimtcU frequently In displays of Btrongth ninl
weakness during the day, without ultimate, chance of Importance on
either wide nt the end of tlio cession's trndlpg. Tor a tlmo during the
morning the steel Industrial showed pronounced strength, with tho
railway equipment stockH attracting most attention, lialdwln Locomotive
being unusually active and moving up more than 2 points to above 79,
and there was brisk buying In American Locomotive and Bethlehem Steel
"11," thotc stocks milking gain of about 1 point.
Industrial Alcohol was Hnother strong fcatinc In the first half of
the day, advancing 3 points to 123U.
There wui renewed buying of Heading In the early trading on which
that ttock moved up to SI'-., but mine of time who haws been Identified
with went upward niuicnicnln Mippticd the stoc'.; In large volume,
camlng a that'll decline later.
Some of the othe railroad stocks were also a-lhe and Mining. With
leccrslons In the latter half of the day. but Canadian Pacific showed
pronounced weakness In tho beginning of buslncw, falling more than .".
points, with the selling based wholl on statements In reference to addi
tional tiiNcs Imposed by the Ilrltlsh Government, which leave little pros
pect for a surplus after meeting dividend requirements.
The bond market was fairly active, but with little change In quo
tations for the railway Issues. Liberty rccond -Is were steady, ranging
trom 9G.08 to 96.16.
lllih
AlaiU Cold M, ITi
Alaska JiincHU. 1
Allls.ChHlm Co. SMi
An Can . ... 43i
. do pref
Am Car AV Co 5Ji
Am Int Corp. . .13(4
im i oi on. . .
Am II & L pf
Am Linseed. .
Am Loco... ,
Am .Malt
do ;ref... .
Am Smelting.
Am Hum Tnb
Am Slecl l'ilr fll'
Am T-l . Tc lol'd
Am Wool . . . r,S'i
Anaconda . Ill
Atthlnou .. .. 1 i
At'iulf X. W 1 I1S,
II lid Loco Co. . ;
Rait ft Ohio. 6''
HUM Slrel II.. -,R'
(In .s ii i- nri f . tdfiK.
Iluriis tiros 121 '.. IS! tJ3'..j -3
nuttc c a zinc :ii u'.i o'i
Huttw (Supi'p '.'.) '.'. aj.n.
Cal I'tirtilcum. ni'ji m'i inn
do prcf ... . tR t. 1
Canadian I'ae IMJi III". 1 1 1 ' 1
Cnt eLathcr in !i n',! '
do prcf ln.i I n.i 't l in Mi '
2'.i
PIT.
70'S.
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CURB ISSUES IRREGULAR WITH
MAJORITY SELLING AT DECLINES
Members
eiv orU -loci. i:lunte
Plilla. Mif k Mclinnsr
llilrucu lluurd uf Trado
Most Interest Attaches to Aetna Explosives rending ; i " Jr5.i; : '
Control of Property Motors Fairlj Well
Held Oils Heavy
Connor Phs , 3J
i Chandler Mnt . si '4
I flirs ft Ohio ,. .1U
CM M & Kt 1' I'J
do prcf . . , , 53'.
Chi It 1 . I'. 'JJ'i
do fi p c pf tc .1(1
do 7 p pf I AS 14
Chllln C( 11 Cpr. Ill'
Col ri At Iron.. S!
Cnl (las .V VAu: 3.1
Con 1 'a 1 . . !'i
' Corn 1 1 . . . 3
do prof . . . A",
Crucible Mr, I.. !(,
Cuba Cane Sue 31 '4
1 Iiec"re Co prcf. Bl"1,
I Hfl ft lluil.. . . llo'v
1 iHimf Jllne. . . s'',
I lMtlllcis tfrujr 3d s.
j Uric in
, do 1st prrf. . 5sl
do I'd prcf . 81 i
I CatlonWIIIIams 33
(Jen Kleitrle . .110
ricn Jlotois,
Mil Vnrfbrrn nf ft
do urn subs. -jsi
1 Oreene Can C . III'.
! Illinois Centml ,
int Agrlcul . . li'.'i
lnsil',-Htliui Cop 1.1
Inti-rbor-Cous C ',
do prcf Ii
Int Jfor Mar. . :ii,.i
do prcf ... 9'i
59
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New York Bond Sales
Huh
IDlnnn ,nlo rrrmii ." i"'!i
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I' Alilrr Tl ... ... USi
ftism Amor Ihr..il l HJ?
liinsi Al lilnon kii Ii M
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yium 11,111 n ohl.i 3'js s7
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" IUlltl II T .1. 1IH8 Cl'l
i'lioil ivii llovl .-, Ili-.'l (i.l'i
il'iOH fc tit l.cnlh let .Is. M't
niHiii Ch OI1I0 r I'gs 7'J'i
IISiiOll ,u onl , . sl,
li f'hl Alln nSn. 7l'i
.liwi flit ill Wtiu t . .11
3110 -hi II ij joint l n.'i.
I'"'" lo III In .'
imi'I C .M SP rr.l l' ill'i
3111111 i, rv II. s . . il'i
I" fill It I t. ! rfil l HI
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lliilil f.,1 (. H.vHh Ift I. Il'i',
I'i'lii CIO f Purl r.s s.-i',
finnl C.l 1- 1 ..,,1 .-.-. .
IMi'O I'mi I1 ,.v t,n
."inn I -r ilp in il
limn lirl- IV 4m s, r
1 H dn 1 1 M-r Ii
l"i 'si lo l Sci n .
Minn nili I!"-!! I-
" InUrli Mt i,
.-.mm Inti-rli It T t'f .1
:iimi luiitr Mi-r Mht h
tniH lCiot i'ii s... r.
.""", i.h,k Mnrl .,s ii,-j,i ii.., i' m '':
limn I.0I1 - of N V ij Ml. Si1. SI'.
nnoim l.ll.frli lioml 314. (U.lii lil.'-'B 91.31
6IKIHXI ilo 4a . llfl.Ht DA.nt IIA.III
1:1 mi iln l.t I. . . (iil.sil IW 311 im.sn
'm-rrnnTmrTn nTTT T TT?QQ PTTT.TT1S TPATiTMri
Sales in Philadelphia A f " ; a rTmXn tt A.
Sf;
""Advances Recorded by Baldwin Locomotive andn
United Companies of New Jersey Only Features. '...
Warwick Iron Active, but Is Unchanged
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;u llaM Loc id
r.urr ft s-i
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in 111 .1 ii .
so Cam .Iron
2 pit. 13
.10 IJlec Utor ."11
inn Krlc .... HI
J.HIrn Am1i in 14
In Co NA ..
310 LI. Pup C Hi
11 t.ii ,Nn . ni.'i;
l.ch Vnl
2iv. . ..
Jlliielilll . .
ft I I'rtiu I! It
l'a halt M
Phllo Co.
ixl 1'lilln lllec
n I' It T I
i.1 Iteiuting. .
:t.,ii Ton be
31 Tun Jl 11.
l CHI .
I I C N .1 1113
ill, I S Slcil 11;
i.11 War I S Mi.
1.1 W Cramp mil.
"ia imi'iciiii.
(piolatlon glieti Is jcstcrdaj'H cloe.
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continued In trading on Ihc 1 trlfte. telling ex dividend, an n, gSM
iIh Stock llMTaange again to- prrlor, and Lehigh .alnU011 tM
the total turnover one of the cllncd H.
Dullness
riilladelphlH
,!,! ultli 11
iimn lest hi months. Ann witu 11 ipw, arlck Iron, mio nf 11,. 1 :
nxceptlons price rhatigos attrai ted very stocks, lamo tn life during tho dav .lAl
little attention among the Miiall numbers ilfttr HCMB t 11 frai'tlonal Rdi.n)l
of iradern who watched the boardj lnl,,s iinrhanged, and .Storage. IJatlfr si
iiroNcr:'. ouicci-. rniiueipiu uieciric, Transit rcrtlnM I.'S
Thr. vr.r.iillntiM 111 till llllc1 lnoCinClllS, .l l'nlln.1 l!n , - '"iwllM
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;
0'ii'inritn7nrnnTitp'r"ri'11"l"illllm,"1ll"lVj
Assistance on
Income Tax
Returns
We have secured,
through the courtesy of
the Collector of Internal
ltevenue, the services of
a Deputy Tax Collector
lo she expert Informa
tion concerning the In
come Tax and to assist
in the making up of re
turns. He is present
daily at the offices uf
this institution and you
arc i nri ted to take ad
vantage of his .services.
m
m 1
New "orli. March 10.
There were Irregular movement.. In the r.road Street Curb market
during the dsj'. with the majority of Issues In supply nt dec incs.
Mo-t Intel est was iittachod In tho trading In Aetna CmiIiisIvcn be-c-aiihe
of the pending contest tor control and cffoits to reorganize the
property. Tho-e concerned In the reorganisation were buvcr.s on n large
cale. putting the price up from &! to above 'J.
There was unexplained wraknos In Ourtlts Aeroplane, which drop-
. . . l. - .-.1 I.. n "?ti rilltt Q
ped to C3. Wrlght-Mnrtin was again irauvu m ... . . "..- -Th.
romors were fairly well held, with Chevrolet tub
... 110 n.i tTniiP.l Moiiim vvaa traded in nt 28H, and -&Vi
ti, in.intwmif.nt oil stocks were generally heavy
oiling at 4 and Mer.ltt at 10'4 to 19
..rn stcadV. W til toiuurt issues in bu """"
advancing from
with, Oklahoma
Mining stocks
and McKlnlcy Dairugh at 4J to -17
MmsropiBW
12th Street above Chestnut
Philadelphia
i $1,000JU00 Capital
M $lft00fi00 Surplus
Ltirose hold lit '",
Submarine was ttea.lv, with sales at lS'i to 12
Steamship mid at a to j'.
itiiHslan 6V Per cent bonds were htrong at -..',;.
Big Ledge told
United States
INVTHI.I
Rlil
',
3
31-i
AsU
H'i
' A
. rl(
(file!
s
TAX RETURNS MUST
BE FILED BY APRIL 1st
THE llm for filing Income nd
War Ciciit FroSti u itturnt
tiputl Aptd 1.
II rou hive ny t problenn.
our Tan Department, directed by a
former official of the United States
Treaiury. whole dutiei there in.
oIyed the interpretation of the
Federal revenue laws, will be clad
to aid you.
Blank formi and tie literature
may be obtained throuih any ol
ur correspondent offices.
Ttxri i no tlmrftti ihh ttnkt
TheNationalCity
Company
Clrrtitondtnt Ofeti in u Cili'ei
nUadeiaU 1421 Coeibjit St.
Irftrlihl 3.13
.rf, Sthutl twn 1,wr Atfp r
jn
33
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117
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00
Aetna KpIoilves . . .
Anier-UrltlKli Mfg
, Am Marconi ....
Amer Writing Paper.
I Air Kfductlon
, CHnadlan Car Co . ...
I Can Cur & Kdy pf.
1 Charcoal Hon
Chevrolet Jlotore ...
1 'ramp
1 Curtlss Aeroplane . . .
1 'arvven Tool
Carlion Steel
Kmeri-on I'honograpa,
1 federal Dvo
Ilemlce Mfg
Inier-LubB
Kutliodlon Hrone pf.
LaUo Torpedo Boat . .
Lehigh Coal Sales
I Jtmi I-Oco
Maxim Munitions . .
Marlln Anns
." Y Shipbuilding . . .
Vor Amer Tap Pulp.
OtlH Klevator
erlcss Motor
"oolo Kng
tteilden 'Truck .... .
Serlpps-Booth .
S S Krese w I
Standard Motors
Steel Alloys
Submarine
Ki Jonenh Lead
Todd Shln'iulldlng .
Triangle Pilm ......
United Prollt Sharing
U S Steamship
L'nllec? Motors . ..
Pnlted Sugar .....
World Film .. . . .
vv'riniit.Mart n A r
Zliin Concent I
hTANDARD OIL
llllnMK 1 1fl0
(llllo -H
Pralrlc Pipe 5J"
S O Cal .., Jf
S O N J -I
S O N Y
IM1KPKSDKNT OIL STOCKS
Darnett Oil &aas.... I 2f
1'11-dvn & Co .J. i'.
FVderal Oil H 3J4
inter Petroleum 13
Houston Oil '.
8l'j
3l-j
IMIKPIINDKNT OIL TOCKS (Cont.)
Veal
A'l
118
311
Merrltt Oil
Midwest Oil
Met Petroleum
Ohio Kuel
Oklahoma Il-.llulng.
U!c4 Oil
Sapulpa Ilctinlng. . .
Sequoj all
Sinclair
United West Oil....
Iii.l
19
Oi
ft
II
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-
8'i
I
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109
8
IS,
18
Kan C.v South
iM-i'i Copper
Lac'ia Steel
Lib Valcv
Manbat Kl . .
Mex Petrol .
do tircf
Miami con Cap 3ii't
Mldvale . . l.ili,
Ml.fouil I'.wilU: 21
1 do prcf .11 '
, Vat Con ft Cub ir.'i
' Nrtt Kli A Mpd 4!'a
N Y Mr llrake.un
' N Y Central. . 73
, N Y N II ft 11.
N Y U ft W...
I Noif ft West.
! North Pac . . . .
, uhlo fias ....
1 oiitari'i Sllvi r.
, Penn UK
, Peo lias & C. .
' I'hll.i Co . ..
, Pitts ft West .
do prrf ....
I Pitts Coal
PI, rce-Armw
Prisaed Stl i"'Hr n
run p.11 car. ..11:1 "a
Sy 't Spring. Sl4
rtav Con Cpr. . -.'3V.
P.-adlug 81".
, Hep Iron ft Stl. MiU
1 Koyal Imti'h . 77
ri,.. senr-lloeliiii'l. I IK",
lrJle ; Sliuttuck Atlz. 1
PJ'.i I Sliala'r till. . , :i3-'i,
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1.1111111 Mitu.ip mpp :.. s-j.
Ham .Mil P W I. :.,. lH.'.l !"lV
Vino rln Kin I. .17
1. 111111 Moiitiin. I'ut ." 'm't
IniHl N VI' I, ,s ;i. . 71
Ml 10 .N v ,' f, ;. i.T,
tliiK, v' Till l'v IIH', I !'
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in I. Hr A. . . .ii1!
11 .1.1 s-r II .. . . in'.
r.111 1 M I. sn -,. .-.p.,
Id 1 snl,ril A 1, .ill ." .1'i's
lliotio South 1UU 3... . S"'i
.liinii South Par cv . 77'i
f U'l dn c .1. . . 11.1
sonii .In rfd Is . . 7s.
,.1IICI0 S'llllll ItM. B"l ts.l.U'.
usiimi r .s uui.iirr is . ,-;
iti.iii u s mpi f .'.i us;,
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innno Pnlon !' In l s7'
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noon 1I.1 rdl Is . 7'i
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riionii no r.'s now inm nsi.
".-,11011 rtri Man I'l'JI . "",'.
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lliilil Paid I.nc
1st .is.iiini. iimii; tonii . .
sunucitv is
I till.. 08 (18 (18
(inoii Like Sup
Inc lis;. ,m .111 ,10 -1
mil') Leb.Nav
laip Is 81 81 87
HUMS l.rti Vol
gi 11 1. i'J .: Hi '
.Vim I. II. ! 'mul -1
:t ids . . lis n; 'ii
31.M1 !.. i'..'ia,tu 11.1.80 (1.1.811
-.'mi .do 1 i' ii.i.un ii.vs.ii ur,, mi ,ir,
3IIIIII I'.l Co
hum Pjil 'li.7 80. 8(1", :: -1 I,
iiiuu Chi" i;iic
li-t r.s. :i(, u.i'i 11:1 1 ', 3
7IKIII lif.ulllic
gen Is H 8J 8.7 14
,,.. .......i-... - 1.1' ....v.. ...t ."ii'ruveinent nti,l
were gains tecorded on sales of Binal cmKCd handw nlost of the Kcsdnn .1,1 il
...Id lots of lliililttln Loco'iiotlvo and ullt liny ,,., nr clng n ,i, 3
fnltcd Comptiilfs of New Jernv. Hiild- .Miolatlont'. "'".a
were made by Tonopah Ml.ilng Vj " ' " ' . 7 .'"' M)-l
v 11 eord nil adv.ilirc of I
latter K
ami ;r,el if 'the' railroads, which I ' . . ' on the big board. l
t Hilractrrl Imiii.u
thourd a Ilrm lonf llirouRlioul llic Uri. -hv.. -t-
1111 iiin Mhfr hnrl. Toimnali licinioiu. , liincriy ioan is Htlractrrl iin...,.U
uhlch illMcd tlic nrtl Uy fnr Ioc.il nlf ntttntlon In tlio bond dMs-on mil
HlliirCB Willi 1-HlvU f)Un.-. iuii '1t ' " iii...v, . ui"""'mi tsniii
Short-Term Notes
run
rir iput
Am I'nttlin OIL. o
A 111 T 'T Irul.sl 11
IIhIIo t. 11I1I1.. . ;
Ittln X till ft
Hrlhlliflll Htecl.
INACTIVE I'HILA. STOCKS
IVillovvIng are iiuotatlfus for Inactive
I stocKs lined on the Philadelphia Stock
I i:changc and "n which there were no
transactions todaj. The price given Is
ino itist previous cio.se:
I . llronMMl Ii i"o
tc. ICslunll.11 I'ailli
i' II I 'J ....
tlW t. Ilu.lsftn. .
Prlp lt.llrui'l.
rl-siornl I'lprtrlp
ilpncrl lllflrli .
v Vnrk iiii.
N Vork I'-nt. .
v 1 11
PcnnslnW 1.0.
Puh Hr 1 'or N J
Itrnl Arm. t'n C
southern liny. ..
ITnllpd I'rult....
Ulnh pprnr Cor
1"
lis."1,
11:1
mi
IH
In
K.
:i
in
111 1,
80
fit
(ifi'i
Dili
01
so 1 4 .
111. '
sa f '.
.".IH -1 I H
l.-.i, H-
I'l'i '.
Pin
il-'i
SH'l's "1
',1
K.I
rl.'"
BK'i,
TV,
1 1 "'l
li
SI
89 H
I.IH. --
0.1 .
III',
(IJl
M
1S,,
'.'il
INACTIVE NEW YORK STOCKS
I'ollnw'nc ale qiiot8llon. for Inactive
v,.w Ynilc tllclK and III will
;... nn trrtiihai'tlons today
given is the lusl previous rale
..Kanr.- Ituin.. 0" N"l I'JH '. S f' ''.'?'.
AdV llUHI IT-f ;OS
J, . II11I1I1T ;'J
Am Asrl i'Ii'iu ij
Vin i' f. r Pi I".'.!
tm lllil" I. . 1 '.
Mi. l.tiisrcil nf .1
Am l.o'ft rrf.
Vivr'sni.ll r;f li'',,
Vin Mii'lt P.f. A- "VJ
A11I Mill' II !' . '"
Am Susir lT-f 1")'
Am Tolmrro I ..a a
A m Toll rf "' I';
An 1 a 1 .p.'
1 Amfr (lis wur
, Amrr l.ii. iif
A hit Mori's
Allium" In.ur
Amrr vim ..
Amrr It.! V . . .
Anirr Mori's V' '.-
llufT r hil-T nf is
' ("ataulssi l-t rf .".V
Con ". N J C.u'a
I rin At'tilt iif ol'i
.hrrr lit H T . . I"
,r r .. m .. .
Tl.p li-l,n I" .1 I OI I.
Tlio price KM,,on, ti n' r.7
1v Trl 1(1 pf 17'
Lit Pros . .. .i-.i.
Leli Yai Tr nf. 27ij
1. issv -,i ri nt 11
Lrh Nal wr w I 7
l.lttlp Sihuilklll r.i
North Crnt . . . 71
PUT '.'i."
I'rim Truffle. . . '.',
I'hlln Co nref. is.
PlilU ii, rm uf ."."'s
I'hll.i Trni- 71
(til V Cn Urn. . I
1'nlon Irmt ... Hi
I' S Str-I pf . .Hn'i
VVfst I out . . .TO
VV..I J A Srish 11
York I7w v nrcf . 3-
nn.
TSV.
N( Ir-li.l
N. iili In
V ,1 Tv X
v it ii m :m rf "M:
Norf south -Ci
Norf & Wr! rf 70
North Annrlis 1l'j
Nina Srotl.i Ml u'l
Ohio (lis ru us
iih.o rnl f-up I- 1
iimtps Pol . I.'! .
P.ir T-l T, "Jt.'i
l'.in.Am IV t nf. II'.
T'rrr Mflrn prrf Jis.i t
Trnrll I. Putt. I'l I
' Srv rrp .n j.iii'i .
The Koval Pan!, of Canada ftales that
it baa purchased the Northern Crown
Hank, w It.) head ollues In Wlnnlprg
Pa
S'l.t
Pel)
.llllj
Jlllj
IVh
.1ul
vir
July
.MIS
Apr
llrr
llll.i
May
Snt
Apr
June
Mar
IVli
Mjr
Mb.
N-pt
is
1(1
IS
11
I'l
is
"M
'.'I
I'.l
Id
I'l
"JO
is
'in
is
ai
in
in
in
is
lis'.
T.
II
(ITS
I'W.
OS
(.'.".
117 '.
ni'i
(.?'.
nn'
nil',
(ni.
(M'l
imi j
mi
ss
i-
ni'i
Ak
(iif,
(in
(fi,
!!,
(7,
n.i
r.i?
p-'i
nsi,
hi
imi
inn
nn'
117
(in
nu1,
tm'
nu
n
inn1.
NEW YORK COFFEE MARKETV1
.-se )orK, .viarcli i There were ni?
transactions on the call this tnornlntl
and first prlcc vicrc unohaneed v.!
onii'lal tables fr6m P.raxll Iiavc bfC,Vl
iccclvrd by the Lihangr Uavlnr Hiel
I trail" 111 me uiirn as 10 .-..ndltlo'is thTtfll
Two inctuherahiiM In the .New YoritU
- oii.-i.. Him .-.uKHr '.:.. naiigu tol.l at H20I4I
. each. The in. inl.rr-tilp or Joh 1 , Jisrf'iii
corn sold lo A. M. Munis imd nii titni'3
iiiPiiiocrMni. 01 ... .1 micrj vas soldi
to Henry llcnU. The i.,st previous nh i
11 iaj n st.lSflll ' -
ronuTos uovr.nNMKXT st:cimiTii:s
tm Ten Srcur.. Au? r '' ' ' "
Auk o-Prrnrh . .1 " '?.", J!'-' K
Arumtlne liovl.. 1 Vy .-',' ' '.;
Cliy of Paris ... rt n..t .SI J.. S..J-
ltr of Prnnte. ..'n Apr 1 fii.'e Oil';
rtusslaii llovl ... 0. -lunr Pi 41 1-1
llusalan linM .. fi t cc SI M in
fiovt of s iscr. r. Mnr JJ 'S?;' 'J?.
Un k'ot HI II... J'Pt ' ns-, r.."
1'nKnliil II ji Nnv 'Pi JJ'a 'If
i;n K ol ill it ..nv
August . . .
W'Mn.H.l.AP
flpiolirr . .
Nnvcmli'r
lire ember
.Innu.ry .
IVbrunry
Msrrh . . .
April
May
Jlllin
July
ToiIh) s YNtrraeyaW
openlllT elose J
P -,,'U .M , P.SlllflRtJ
Mftii
8.I..HS8 7II 70Mi
.7llftl.tfl
s 1.1 ii mii
s.izomsi
8.lsJj
M....lfl. I, 1
..HK8.li:, 8 389J.SH
J. I'l .1 S l.u
RAILROAD EARNINGS
I'lIIL'AUU HIP .A
Convrrtlblr Into lonu-trrm botvls.
Refined Stipar Unchanged
Sr 1,irl.. March 1.7 No change In
telbiMl t-ugnr today .mi rcnner.s ounitnc
flr.e granulated at 7 13c. The Pederal
and the Warner Companies arc still
withdrawn Cuban ras are unchanged
at li 00.'.c. dutj paid.
Piri.t
Prom
iierk sVor. h
.Lint!..! 1
vvnsrtp.x
injs lnrrfiM
Tllll ll.T, .3-.1J
Toil..
X V li "ii.nl "I1,
Lotidonliicnce) :i
15AR SILVER
i
a ,
si.
I'M
r';
l'J4
.-top-'i
liiS'i xma
1 An r . T -M Pf I't'.v T..r,p-Vrr.m nf ("rt'v
I Mti Writ P. Pf -It' Itts Coal trof VI m
,. I Am Wool nrrf n.i Pid Stl r.ir pf ' t
Pullmsn P ' ar P'l
' Vnl v. n, , Ij j ' t
' Am ZItio J. I. nr i.t llrmv.ns li nl
. I A'"" X, ' "" " -.ii, '.:."j r."r';r ei. I
,? i Ali'lil'on prrf . s;, M 1, ,t S P. 1J'
,! All i oast Lin-. SJJ. t 1, s VV . i's
I All tl H W Pf ni'i -'ivon Vlntor. n'i
IV ' 1...I.1 Uii tin l '.'.1' Wmrs nonn nf IP,
li:t',j n::,
.ill.
2 .11 a
Hl'i
7II-"
in',
lis
llarrrtt I'o . 'r'
lirklMi In Oil 0i
Until ii vho . o
I 111 lit IVr.l .'
r-i.i .f. VV IVJ
11. '.'.I... 1.I..I. nt till
S3 '4 '. I Col . South. is-
If, U . Col f-
MUIB" V-nls. . I.'T
srahr.l A L. S
-pilbM V 1 nf 1S
tan.l M'lllnc ins
stan.I Mill pf . si's
-.Hut'lv-KiT nf . HI
tut Minor . i'
.. 1st nf l.Ei c... L.,l ,. pf Oil
-.liT J ii r'ol f- So 'ja nf. I'J'j t i'u r, i. . mH
-', ia I conn Tai. P" ': I-, i IV. . Pi'j
ni, i fop,c ,.,, s, rol,np .,i rf tm
I , Cent Pit 111 M I-; l-'Mnapp-Wnia lu'i
New Issue
1,600.000
Louisville Gas & Electric Company
of Kentucky
Bond Secured 7 Gold Notes
Denominations $1,000-? 500 $100
'kFal
u
r
r
ilel i MlUttuck AtlZ. I. I, 17 . ' Cuha Can SB nf s-Jii r1n ll 11 T ". '
Pi I Sliala'r till.. , lis-'. :ri :u '4 riipp-i. stl nf M'; rna.rw'i ip-iii
. ' southeni Pac . 87 kbh 81P-, s4 n.n A 1113 u nf s-i nr... T nf.lf.' I
,", 1 .southern 1! It. Jl". ii'i. -III. ", , Tiriruii i.'Hon L 1 ,, tiKS Pat. 11',
." do Prcf r..., fit K, (.l, J- , lurV Mnr li.t is ,, f rJ r? tc, I
6T. , ftudehaker, . 17", mn 11!'. . ',, ,", 'A rr,t '.;'. t-,,iV".nr V,i in ' I
ii TetinCop&C v I li. mi, HP, . r.m Clirml.-al. .1.. , , t-n rvr sIP rf jn-j
i I Tobacco Prods. .13 1 .11 .11", ', nmetvl Cloar . "ij , ,,, r,r,l(. ,,,,,;
f I
MISI.KI STOCKS
1
3'i
8"
SO
I
80
I.'
J'
40
At)
1.1
1.1
80
12
141a
IS
78
.1'.
281j
31
I2H
t?.!
S8
218
332
202
43
AlaMia Standard .-..
1 Atlanta
I Big L.-'dge
j Hutte New Yorl; ....
Con Ariz
1 Cal Jerome
( Emma Cons
Plrst National
OolUneld Merger . ...
liotddHd Cons
Coldfipld riorene.- . .
Ooldlield Kewanas .
Green Monster
Hecla Sllnlng .....
Hc.tve Sound
Independence Lead . .
Jerome Verde
Jim Butler
Jumbo Intension ....
McKlnley Darragh ...
Magma Copper
Mother Lode
Mines Co of America.
Nevada 111113
Nevada Wonder . . . ,
Nlplsalng
Ohio Copper
Hay Hercules
San Toy
Stewart
Tonopah Intension...
Pnlted V'eide
West Ihul Con
White Oaks
White Caps
Yerlngton
. 1.1
0 12
lis 1a
i". I
1 -,' u
11
c
"i
I
'.,
3
li
6.1
11
12
HA
32
1i
Mi,
n
i')i
12
i-Sl
114
38
78
31
43!4
IIONDS
074
80
Bethlehem 5s . . .
Cosden OH 6s...
Conden li. Co 6a o
Cudahy 5s 4
Itusalan fiovt 5iH... 37
P.usslan Clovt SViH... 42
Southern Ilwy Ss..., 9814
Sinclair Oil 6 80
Todd Shipbuilding 6s. 08
K,
8
"4
414
4
C
!!'s
A8
IA
4.1
59
31
ITi.
Hi
1
8"4
ii
It
7.32
IS
30
82
3
II ft
D7!4
83
83
7
40
44
91 li
88
09
inlon Pacific Pi.'M, I2J 122
Ptil cR.,r Mfg. 87', p.i; 80i
P .s I ml Ah a.. 12.11 l.'l'i ISP4
I" S Ituhber . .111, .11 14 Slip, - V,
P S Sm & lief. II", II II
V S Steel (12 (MV, HP'. .
do pref tin I in un - ij.
Ptah Copper . 70';. 7'l 7! li l,
WnbHKli 8-., kv, hi; 'i
do pr.f A. . Iilli !!. 12", '(
dl pref 11... 2314 231a '.'3', - '',
,,-. -. ,r.... , a s.' 1,1,' Irtl. K
. 1 West Union Tel IrPV, 2'4 '."6 1-j
I I Westing Mfg 4l"i Hi. 1PV. ".
n; ' Willys Over .. 18!', 181.. I814 i.
I 'Bv niil'1-nu Amor Cmi' prcf, 1", Atur
. llnsppd prpf 1".. Mawfll Motor lot pnf
1. : I'm-Aioer I'.l nrer. is, 1 111 rm
Mi
lt"
ft
if.
'i,V.
1
,., Ctnr. m.f US
Ooodrl.li n P IV a
Ormb- Mlnln- ."
flulf StntP" SH ".
Ilnrtninn corn s,
Iln. ma ni .Iili
Unm-sl-ik. . . so
Int vjrl pf , ll'
Int Pi.rv N 1 ISiHa
Int NKkpl nf..10S
lot runs for.. . ("
tntpr Ton m pf 43
ipiv-i Cnt-ul . . S
1pi.pI Tps . "sv
i.ll'..'nrl'ic . 4
Kpok P M . 4ii
l.nelfl. oa . so
I.PP TlUll t. TlfP IS'j , , ,un f. ,-). ,;
Cnl.l Prs 1st pf 4lj
1 ntu nr "i rr ,'
Pnltp.l P,ip l., l.i'i !
i-iilieil r.v lu .".', I
i-iiin ip inv pr i:c.
cm.p.l Pmit .1L'7
, Huh l.r.'nf.inoii
' i'HH v. 1.-,
r s c 1 P nf . 11
P i Imi VIpo nf "'ii'. '
P S Pallv Imn l."U
P Itpalty lm
1st nrpf ... .-n
c Puti 11 nf lom;
f S Fn 4 r. nf in
I ta'i Ppp Corn Pt't
1 .i-ar I'n nr inn,
Datcil March 1. 1"1S
Due September 11920
Wc have suiiiinarird as fellows from a letter
pmy's Vicc-l'rcsidciit and General Manager:
Authorized $.7.:O.UC0
Outstanding 1 ,000.000
-lied liy Donald McDonald, Esq., llic Co;:
I pplltsril IS
rvuls . Ns'u 11'.
Iav I'cpt S lif.in".
.rW. i' rhu ilolorV i'. . slli-Spiln. ' ' ' ",, l'n
ill "W prrf, is. Amer Woolpn V. U, nrpf. "" Vir 1" nr
i l. Cru. i;.l stpl prcf. P. . Uvvv ;ie'' ,Vii, jt fi I.n-w in
",, . Sprliuw, l'a. Pierce..rnivi nref. "b" ' vtirrls - i:" ftn
vnTer. l'j. .lo prcf. K4; Amor Tp & Tel, I i .' T' -fl s
IS , '.': White Mutum. liAm.r hnn-lt prff A. . st0tur . 'ii',
ri I IS lo prcf II U . Twin ItyllaP Train. ,!":;, t,"Ju5 s' j, ,7
ll.ilopr.f 1. Amr Snutf. 3. do uret. I'j M. . ,.. p. ,, nr",
.' : I Pmtfd tlrue. P. . Iliilf Statrs Ste-l. 2't : in i V(1", ,, r . " ;n
3., . ,u. ,.r ii. , it.sk. It llarkpr. ". I.tccrtt ...: ".... -...
Ha;
11 I
I'.-i
12
. SMr pr.f. I. I-ehlBl; V'lllpj. P., . .lm.
sterl Vi. 1", . l.orlllar.1. 3, do ypf, J",
I Meilcall Petroleum.
Vat TUsepit nf lim,
Nat rik &. suit r.o
vv.irr.-n n n IMS I
vv.pr,n It 17 pf .13 '
ll m1r trpiT . c,o
11 p. t "ipIUp o,;!- .
" p- M.I -.'.1 nf '.".
H p,tt S- I( nf, OJIi
"I...I ,t- T, rj . 10 I
"""l I. r. nt :"'
iv iip ,Mp(ors . i
iviuon m . r. ii-i i
ii'iliTm Co prpf tn'.
V'-nrpi.iptl, ll-.' I
tvillvs.OiprM if si'', ,
IVnr'll r 11 II I
rViirll"r-i P t Jt .
pref 11 02 '
T.PilW. AII1 KRTI1KMEXTH
MnVEY.l.KXDING ItATKS
s . viiTtni' k- llt'TII'liV aiam'ix.'
, v-rfc-Pall money opemd t.-da, .-fey- ;' . . , "V "J" ,t"(I,"",;U
imi. , ... --. . . . ... .. .: . " ."
1 1
732 I at 3, per cent for leading and tencvv-j ,,- gyrvV; imnTlMlorT of the Common
ing, (wrauii oi I'pnnsvi.ani.i unurr mo prnvl
i,iiii.iii:i.i-iiia. Call. C per tent
i time, j'.difi per cent. Commtrclal pa
. per, three to four months, 5& 6 pr r cent ;
78
J slons uf th PuJiM,. s-rv'pp Company J.a-v,
vv l. IF v ..J. .., -l lo.nu-.l'lll ,,
97i
al months. 0 iter cent
London Money Is unchangul nt
2 'i per cent Hate of dlaocunt for fhort
r.nd three months' bills 3 9-1C per cent,
unchanged.
FOREIGN EXCHANGE
fop ii i.pp.in
p.tp of puhllc -ouvpnleiipo il.l'n.nir th
i ommis.ioirs fnui.uo at.prnval or h con- '
'fait ''etiyfen Hi Otv of I'hlla.lPiplila and1
tho PhlljJelphla l.in'l Transit Compaliy for I
id. milntpnanpp nn'l ot.pratlon hy the .,(j
rompany nf thp ilty's tran.lt faellitles '
ami pxtunslona therpof the sal.I pnntrnet I
hai!n hoeti rntreil Into ru thl lsih .lav
of Ppbruari-, PUS. in turauannp of an or.1l.
nance of Couaclls approioj January 3 jnrs
A uul.lle It, oritur uno-i thl. .nnlp.(lnn I
will Sp 1,p1J In Pop,,, 400. I'l, Hall. IMdll"
dPlphl.,. nil Hip "-.th (Ihj ,,f Mirili. 1018. nt
10 ii'ilork a. ni., nliPti nn-l wppio all p. r.
v.. York. March 15. Lire were Kome-I jns in Inlcr.at mai uppoar anil ho hiard.
I -vhat ealer. ihecKs being quoted at 8.60 I " th' " dt.lra.
I and cables at 8.B8. Praties vvero steady. S"i of PvIlnUolnhU
The marliet was featureleas and dull. j ri.i.i.ipi,,., pa. March lots' '
I J LIBERTY LOAN
? COMMITTEE
m
i.s
Warns of the
danger of keep
ing Liberty
Bonds at home,
requesting Banks
to take care of
them free of
charge.
We have fre
quently adver
tised this service,
and many sub
scribers have
brought their
Bonds to us.
You are welcome
to the free use of
our Fire and
Burglar Proof
Vaults.
City Bank
f ISIS Walaut Strmit
; Hides, Av. mai 12th
CANADIAN PACIFIC TAX
IS MADE EFFECTIVE
Increase to Stand Until One Year
After Declaration of
Peace ,
i
I Montreal. March 15. The II per
cent Increase In freight and passenger
taxes on railways, as recently ordered by
the railway board, vvero allowed to go
Into effect by the Government at mid
night last night and will remain at
this level until one year after the dec-
npp.
order In Council, the Ca
Financial Briefs
6f
bills
1
laratlon of peace,
llir .npplat ordl
nn.lian Pacific will shoulder most of
the "burden. The order In Council pro
vldlnc for special taxations calls for:
lsi en .half nf the comnany's net
earnlncs from railroad operation after
a nayment of 7 per cent on the common
stocK ana uiier in, .. u,...j., -..-proprlatlons
for pension fund, and divi
dends fin preferred stock are met.
Secohd. The company shall pay In
come tax on Its special Income Inclusive
of all of the company's Income except
earnings from railway operations under
the provtslona of the Income war tax
... , os. i nr for onv amendment there
of thereafter enacted, provided that the
T. . ... kp naia .nph v.P SlV (ll.
company shall not be less than:
jcirst. ins cuius.... ,. ...,,,,,
In such a year from railway operations
., . atww-lal Income as defined
above In excess of 10 per cent on its
Common stock, after paying fixed charg
i. .nnroDrlatlons for pension fund and
dlvlciends on the preferred stock up to ;g' Apr' t to how
17,000,000 or: . j Apllay llubbar c
eond. The amount by which Its nuaf of . 2 .pr ear
lyfToar 9V ArcetrntAVt
CMtMil JhskUo ArrtHSBtavssU
Second, The amount by
net earnings irmn uisiiasua vu
the net earnings from railway opera
tlons for the nscal year, ended lit
eeinbcr Jl. 1. to :he i"""" .
freight and passenger rates granted by
"a order of ipe Board of Itallwa,-Commissioners,
dated December ;, 1917.
PUtasttwg. Lift Minimum oa BomU
Mrol li, At
Klve engineers assembled in Pitts-
burgh todav to establish physical valua
tion of Pittsburgh Railway Company.
The commission consists of Robert 31.
Keustel, of Boston, and George Warren
Fuller, of New Yorl:, representing the
city of Pittsburgh : Morris Knowles,
Pittsburgh, and J. A. Emery, New York,
representing traction Interests.
Jerome IIII1, or the firm of Kean, Tay
lor & Co, has been elected a member
of the Pittsburgh Stock ICxchange,
The output of gold at the mines of
the Rand in February was 059,769 fine
ounces, valued at (2.102,477. In January
the outturn was ,14,182 fine ounces, val
ued at 3,033,6(3.
The New York Subtreasury lost 143,
000 tn the hank's yesterday, makinsr a
cash net gain since Friday 6f 8914,000.
The New York Coffee and Sugar Ex
change membership of the estate of
Paul 1-7. Perquer, was sold at auction to
Max R. Mayer for 13300 for nonpay
ment of the annual assessment. This Is
a reduction of 1200 from previous sale.
DIVIDENDS DECLARED
Iniltanapolla Wtter AVorks Hreurttlea Com
pany, rtcular aamtannual of 81 per cent
on preferred, payable April 1 to stock of
ppppril Marph 20.
Duluth-Kdlaon Electric Company, retalar
quarterly or s pr cem on ppssprrea. pay.
iiasra ai rvcora si.rrn ...
Comoany. raaular armlan-
nual or 2 pr cant on common, pavaois
April 1 lo holdara of r-eorit March no,
ifotual llanlt. New York, auartrrly of ft
per rent, payable April 1 lo houlera of
Fpord Mareh SS. , . ,
ItPeml nnov company, rram.r su.,.riij
nnniatlnn, vieri.!
, Uemand s-terling 4.73'i. cables 4
'sKtv-day bills 4.72. ninety-day
4.70W ncmlnul.
Franc checks 5.72 5,. cables Clij.
Mre checks 8.00. cables 8. 58.
Guilder checks 4.1, cables 4ij.
Swiss clieci.8 1.42, caoies i.i.
Pesetas checks 24.80, cables 23.
Ruble checks 13 cables 13U.
Stockholm checks 31 i, cables .12 U.
Chrlstlania checks 30l4. cables 30",.
Copenhagen checks 2Ta, cables 30si
it.ti: iip n n. RP.iTi.n, nr,
pp.i.pil LPttP.s tatonipnl pv on iii.ii....
pat iIp hailnir Iippu Krsntr.l to the u.npr. '
1 sltm-il. all persona indcl.ted to lh said ea.
' tatp are renup;tp.l to mokn Poinent nnd
I th.,p hailnit iMtns to present the oinie.
I ullhout .I.lay. lo
1 Tin: vvnsT piiilvihmphu TiTi.n and!
1 TIIPST I'OMt'VW
APr.PSTP.1 I Wfion. President.
40th street nnd Lancaster nvenue. I
Or 'o Its attorney. '
ritRDFiltlPK .1 KN'M'R. Psq.,
Sill Land Title llulldlng '
ksttk nr s.vi.i.ii: mm ii. iii:cRsi:i i
Lettera teatumeiitfirv on the abov es. '
tato ravin be;n urnnttd to the underalcned.
all persons Indebted to tlieaald estate are
reuuestid to make payment and thoap. havlns i
claims to present the aame, without delay,
TlID WnST PlIII.AnKI.PIIIA TiTi.n ANDi
APOPSTPS I. WOOD, Prea'dent
40th street ar.d lincaater avenue
Mahonoy rlly. Pa.. March 15. As tt KiIilTii in tiivm.i.s r;. -imi.i.vii. mu
,a.n.i.v; ...".-. , i . ppA.e,lI.pttpps tpatamentary n lhpai.A..t
Purpose
I! ti sin ess
Security
'Earnings,
Taxes
To ictirc rjitiic out.standing Gold Notes matiirhig April 1, 1918.
i '
The Company o us and operates vv itliotit competition all the r,as
and electric propcitics in the city of Louisville, serving an esti
mated population exceeding 300,1)00,
Tlioc Notes are tlie diicct obligation of the Company, further
seemed by -deposit with trustee of 133 1-3 of General Mortgage
GVo Bonds of the Company.
Net earnings for 1917, after all charges exceeded 6j times the
annual interest iciiuircmcnts. on these Notes. Net earnings for
the same period exceeded 1.7 times total interest charges, includ
ing inteicst en these Notes.
The Company will pay the Fetlcial Income Tax' not in-c.xcess of
2C'c, and will refund the State Tax in l'ennsjhania.
Price 974 ad Interest, Yielding 8
Descriptive circular on request
Bonbright & Company
Morris Wistar Stroud, Jr., Mgr.
H. iM. Byllcesby & Co.
Incorporated
-137 Chestnut Sttcet,
Philadelphia
1 1 1 Broadway
New Yoik
OPINION OP Till: CAPITAL, JiSUUtf C03I31ITTP.U
Issje of JI.Wiu onn 7r. Nolta of tho LOUlDVILLi: O.VM t PLCOiniO CUMl'ANV, dittd March 1, talS. Jnd pay
.iblo September 1, 1020:
Pa.s.d t tin Cupltnl lsautn Committee of tho Pcder.il lleerc Hoard (Opinion No. 50) as not 1ncomp.it blc una
Un. murcst of tho United SUtca but wlihuut upproial of thu merits, ncurlly or Icsallty thcriof In any rtapctt "
BANK CLEAIUNGS
Wank clearlnne today compared with cur
espondlng dv Ijst to sears'.
C. York. 522.120,233 524.401.257 503 844.7S0
'lilta. .. ,1111.513,120 155.408.5.11 113.1147.3(11
loston .. 42,301.00.1 S7.7H4.327 35.82S.018
Two Miners Fearfully Burned
result of smoking their pipes In a gase- I ..fr?."''hT.Vn
cus chamber. Andrew Foley and Joseiih Jf.S. h."i'r
cavage, two conuaui ,..iic., nnoiJiuu,
ably fatally burned today In tha No. 1 1
Lehigh Coal and .Navigation Company's
mines. They ore at the Miners' Hospital.
of lis per cent on preferred, payable April 1
to noiaera ni oroni n.ii
Central Foundry Company, regular quar.
terly of 2 per cent on preferred and ll per
cant on ordinary 'pref erad. parable April 13
to stock of record March 80.
Brunewlck.Halke.Collender Company, res.
utar quarterly of Its par cent en preferred,
ursible April t to holdara of record
ODD LOTS
A SPECIALTY
(Anything under, 100 shares)
RAILROAP STOCKS
At present pflces ahould not lis
overlooked
COPPER STOCKS
EQUIPMENT STOCKS
Arav also worthy of special nolle
Scncf for our booklet on tile;
PARTIAL
PAYMENT
. PLAN
HUGHES DIER
...,,,, f Phil. Stock Exchange
Members ( Cfctsai Board of Trad
1ST been granted to the under.
ner.nna Indehted to tl.p M .
tat tire requested lo make psment and
tnoae na.inv ciuiuia lu pic.eui ino aame,
witi-olit delay, to
Tltn WP.3T Piiii.snni.piii titi.i; and
TRPST r-OJIPANT,
AtrCPSTPfl I, WOOD. President.
40th street and Mncaater avenue.
NalionalBaiikoi Commerce in Newlfark
estatp op .mux it. ii.iRRinur.s. or,
rented Letters testamentary on the abnte
estate having been Hrantrd to the under,
sinned, all persons Indebted to the aald es
tate, are requested to make payment and
those having claims to present tha aame.
without delny. to
TI.U W'rillUHUTITW AND
AUnilSTUB I. WOOD. President.
40th street and Lancaster avenue.
-T5J KSTATK
-' deceased Lettera
OF JAMES HAOLE.
Letters teatatnenlaev nn
flip .h,.. ..lata ha.lns been ir.nl,il in IV.
I undersigned, all perfona Indebted to tho aald
estate are requested to make payment, and
mose navinc ciauua m i(vb.i ino same,
without delavMo f
HAHAII KLOnENI'K WKnNKrt:
Tllr: PIIOV1DKNT LIKU AND TnUST
COMPANT OP rillLADni.PUIA.
Or Ihelr attorney, .,0,l!ecutors
WILLIAM P. . FGIIClininx.
Mil Lincoln Hide. Philadelphia.
KSTATK Or' PAUI.INB S. IIICIIAr.ll'., )
eeaaed letters teatamentary on tho above
estate having been granted to the under,
aurned. all persona Indebted to the aald ae
tata are requested to make payment and
nosa nsYieig cim. .w ,-.. u aame, I
lteiiourcea
Loans and Discounts $228,282,154.19
U.S. Certificates of Indebted
ness 75,322,500.00
U. S. Liberty Bonds 12.5S9.957.51
Other Bonds, Securities, etc. 22,000,931.50
U. S. and other Bonds Bcr-
owed 21,100,000.00
Banking House 2,000,000.00
Dtfs from Banks and Bankers 8,448,141.53
Culi, Exchanges and due
from l'edcral Reserve Bank 72,372,167.55
Customers' Liability under
Letters of Credit and Ac
ceptances 41,312,346.46
I nterest Accrued 1.240.456.35
' $484,668,655.09
Organized 1839 .
STATEMENT OF CONDITION
MARCH 4, 1918
Liabilities
Capital, Surplus and Undi
vided Profits
$16,269,348.78
358,139,531.72
Deposits
U. S. and Otl.er Bonds Bor
rowed 21,100,000.00
Letters of Credit and Accept
ances .. . . . 41,495,783.89
Rediscounts with Federal
Rcsen e Bank 14,704,597.19
,Unearned Discount 1 ,33jG,092. 1 1
Other Liabilities 1,623,301.40
$484,668,655.09
"JAMES S. ALEXANDER
WILLIAM A. DAV
HENRY W. ate. FOREST
FORREST r. BRVBEN
rntaiotNr
JAMES S. ALEXANDER
viCB'fnwoiotnTa
R. Q. HUTCHINS, Jr. JOHN E. ROVENSKV
HERBERT P. HOWELL FARIS R. RUSSELL
J. HOWARD ARDREY GUY EMERSON
STEVENSON E. WARD LOUIS A. KEIDEL
OelSMIgp? "
RICHARD W. SAUNDERS
omtorono
CHARLES E. DUNLAF
HERBERT F. HOWELL
R. Q. HUTCHINS, Jr. N
A. W. MELLON .
CHARLES H. RUSSELL
VALENTINE P. SNYDER
H. B. THAYER.
vTrHM, WILLrAMS
iH
r "t-t nn rtMMmrkntu tt
l r 1 e, i.