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T3itfN PUBLIC LEDGER-PHILADELPHIA, WEDNESDAY, JULY 3, 1918
:
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'J .,
BUSINESS CAREER .
' OF PETER FLINT
A Story of Salesmanship by
Harold Whitehead
(CovvrtoM
GOSSIP OF THE STREET
PRESIDENT WILSON'S ADDRESS
TO BE GIVEN AT MOUNT VERNON
AWAITED WITH MUCH INTEREST
. .', hltchrad ivlll nite- vour Inclines
,tieIloin nn fciiilno, ellfno nrti rrfljlno nnel
r)p;oinfti. it ioier mirilloin clccirly nnrt
? ? ".". '" "' 1'onr rorrrcl name nnel
rl nililwi mutt t nloiifrt lo oil Inquiries.
Jlioltc which are mioniniotM must c lonorrd.
Tiste.rrj to frcliiilcnl miration t (II be nrnt
i HP"' 0,ncr ejieiMfliin ul'l l.er oinirrrie)
in IhU column. rhe incut Inlfrrsdno tirob
Irms o fnquirm mill be titnen Into the
tori o J'ctcr Mini.
"CXXXI
A S I vnn lenlng the home tlili morn
A lnc, Graham asked me what time 1
would bo homu tonight.
"Oh, about bIx, I bucks "
"Hrno jou un ciiBageineiit for the
evening?"
Er-no " I had thought of going ocr
to Newark to ecc llosle, lnt If Graham
had anything better on, she could wait
another day. I suppose I'll hac to go
and see Itoslo sooner or later and square
thing's up with her.
"Would jou mind being my secretary
tonight?"
'Secretary7i' I asked, looking puzzled,
toicn I remembered ' Say, nre Ques-
ton nnd 1'illtbury coming tonight?'
"yes."
'Bet jour life, I'll be there! Wh.it
tlme7"
"I want jou to fix the time,"
"Mo7" I said, aghast.
'Telephone to thin number, and ask for
Str Queitein. Tell him ou art
Mr, Flint, my secretary, and, that If he
Would like to come around to my rooms
tonight at 8 o'clock that's pretty early.
Isn't It make It 0 ho can see me."
"Why should 8 o'clock be early? '
"Well, ho probably doesn't dine until
7:30."
"All right, we'll make It 9 o'clock "
"Remember .-don't say I will be glad
to see him, but that ho can see me "
"What's the difference?'
"Think It oer! You'll pee!"
When I, got to the Magnitude ofllcp 1
went to the telephone booth and called
the number Francis hid ghen me
"You can't pea with Mr. Queitein
just now," said a lce. "He's In con
ference "
'Who Is this talking?"
'This Is Rogers, Mr. Queston's secre
tary." 'Well. Rogers my bov, ou just beat
it to Mr, Queston and pay that Mr
Flint, Mr. Gralnm'a secretary, Is talk
ing and wants to speak with him"
"Really, It will "
"Now run along I" I said.
I could almost hear him snort, but In
a few moments I heard a olce asking,
"Who is this? '
"This Is Mr. rilnt, Mr. Graham's sec-
retnrv. Tf nn wntilrl like in come to
Mr. Graham's rooms tonight at 9 o'clock I
you can see him "
"I told him to come to me "
"He can't do It ton'ght He's busy.
'If jou want to see him, jou will hie
"lo come around to his room "
Click went the receler.
1 wondeiod If I had made a bull of It
but when Igot back and told Trancls he
' merely smiled and slid, ' That's all
right; he Will be here"
Liter I was In his room with a bunch
of papers In front of me whllo he was
iSflnlshlng coach'ng me. on how to act
'as a secretary, when wj heard a puffing
"and climberlng In the hall and the land-
''lady entered and told us thai there were
wo gentlemen "lna limousine" wait-
'Jng to see Mr. Granim Grahim paid
Tio attention then I remembcied tint
s a seeretnry I was to saj" 'Show
them up "
I said "Shoot them up, old dear '"
Down she went and Frincls turned to
me and said, "I think I shall hae to
'explain that jour eccentricities of speech
are condoned because of jour excellence
t)f performance."
I suppose he meant someth'ng bj- It
I had no chance to saj anj thing, for the
Jiext moment Queston and lMllsburj" en
tered Ihft room
Graham lose, as thej- entered, and I
iltook the cue and did tile same.
' 'Good eenlng. gentlemen'
i 'Good evening, Graham, good ee-I enter m J'inlor jenr nt hlhh school I have
Sr-ntnirt' isalil Plllshnrv In a hp-irl nl-e nlreiiU hud two enrn of l.erman nut now
filing, saw i msDiirj in a neartj voie. i T am.t hnovl ,lh1t to ,ako Un Knnch or
fcjie nodded toward me Spanish or to continu with Oermnn I ox-
" "My secretarj, said Grahim I I'ft to Docomo a uocior or Hiniuuu uu nm
' Be seated, gentlemen " I guess I hid
s-that much all right, for thej- put their
hats on the bed and took chairs which
were placed for them
"I guess, Graham," said Plllsburj,
"we can tilk this matter oer without
anj one else being present "
. "I don't think there will be nnv need
jfoi any one else," Queston reiterated,
"and perhaps we could hae jour secre
tary the annoyance of haUng to waste
"his aluable evening here"
J "No waste of time, believe me," 1 said
i And then I realized that that was hardly
'- secretarial language, so I added, ' Jt is
n?er a waste of time to work in Mr.
Graham's interests "
Gosh ! I felt proud of that.
Queston and I'illsburj' exch inged
meaning glances, and then Queston broke
In and said, "Well, Graham, I guess we
needn't beat around the bush. I think
we were all a little hot-headed, were wo
not? Yes, j'cs1, that's it. And jou are
a 'very proud fellow, aren't you, Gra
ham? Damnably proud ! Yes? And I
realize that j'our pride wouldn't let j-ou
come to us so well, wo came to jou to
make It easy for jou. That's right, Isn't
It? Yes."
"Well, jou're here, aren't jou?" said
Graham, smiling a little
"Well, now about this invention of
yours. You know, of course, wo hae a
legal claim on it for you discovered It
while In our employ and In our shops
But, tut-tut! This is no legal quibble!
It's merely a question of good fellows
getting together again, isn't It? Yes "
"Flint," said Graham, turning to me
"will j'ou remfnd me that tomorrow I
wish to see my attorney to check up the
correctness of Mr. Queston'a state
ment?"' "Wr.lch one?' .
"The one relative to the Consolidated
having a legal' claim on my Invention"
"Oh. come now !" exclaimed Plllsbury
In the blustering, hearty manner he was
affecting. "Surely we are not going to
Financial Circles Find More of Interest in Russian
Developments Than in News From Western
Front Gossip of the Street
rpiinUK wns little of Interest ti (inspiring in the flnnnclal district v es-
terrtay. Trading in thp brokers' ofllccs w is light l'tlres ruled hlslior
In the stock market than on Mnnrinj 'h closing, nti It was claimed tho
heirs had plnjed out Ilcforo tho close of tho session tho announce
ment nf n possible eurlj Issue of ?no,000,000 notes by the Rctlilchem
Steel Companj caused n slight decline In Bethlehem stocks, but .i re
action set In almost Immedl Uclj It was gcnerallv said tint nn Issue
of that amount, with Hcthlehem tinning out the production which i't Is
ut present, and Is likely to do for some time to come, would not cause
a rlpplo In financial cltelcs, and would bo easllj nbsoibed If lmtdo at
tractive, as thej' no doubt would The bankers Intel cstcd In this llcthlc
hem transaction nre the Cluarnntv Trust Ponipinv and tho Hankers'
Trust Compnny of New Yot k it Is expected that n special announce
ment will be made legardlng the trnnsac tion within ,v few la s Tho
llethlehcm companj Is said to 1 e In need of fresh funds because of m
unusually laigc business that Is being conducted h It, which ncteslt.ucs
the maintenance of liberal amounts of cash and net working capital.
There was verj little discussion in financial' circles jcstcidij ov et
tho vvat situation A well-known banker in rem irking on this slid
ho believed that affnlis In Russia ccentlj ate beim followed with gieatct
Interesj than matters on the western front Ho believed financiers air
anxiously awnitlng 1'icsldcnt Wilson's speech on Thutsdij. when It Is
expected lie will have something of world Impoitance to ,saj on the Rus
sian question
Tor the present Russia Is not a factor In the financial market, but
the future possibilities from cvety conceivable standpoint of this great
nation, and Its relations to the future polity to bo adopted bj the United
State3, ore of momentous impoitancn, In the opinion of this bankei.
He remarked that ho 'was pleised to lint! tint I'nltcd States war
vessels are on hand In the Important open port of Kol i, in thp White
Sea, to piotect our Intciests there He snid the enormous quantities of
ammunition and war mateilnl as well as raihvai supplies, iiicludinq: loco
motives which were shipped to tint pclit espec.allv bj the 15 ildvvln Com
panj', and which he understood vcie still there In quantities, would lie a
glorious prize for tho fJermans, ,ind be 'hoped our sei power at that
W!nt was strong enough to protect it "However," he added, "I nm cei -
tain President Wilson will cleai the situation for all of us on Thuisd.ij "
Silver Stocks Shoiv Greater Activity
rollovvers of the curb arc giving moic than oidlunrj attention to
tho silver situation and considerable acthitj is expected in some of the
silver stocks at nn earlj date
On the New York curb jesteulij there was unusual actlvitj In bonds
and bhort-term notes The rederal.farm-loan bonds sold up to lOJ'-g. their
previous high recoid, and held firm mound that nice Canndinn C.nv em
inent fis were active around 96, which Is a substantial impiovement
over the levels reached this jeni. The old and new issues of the American
Telephone Oomp.iny were active, as also weie the various Aimour issues
On the New York Stock Exchange jesterdaj there were quite u number
of tiansactlons in the LiLertj Loan Issues The "!s were around 09 bO,
the 4s around 94 OG and ttjc 4Vts at from 9G 24 to 96 40
Public Offering of Philadelphia Electric Bonds
There was a public offorlng jestcrdaj bj Ilanis l'oibes & Co, at
93 and interest, of $1,500,000 Philadelphia Hlectiic Company flist moi t-
gage sinking fund ti per cent gold bonds Of the piesent 4 per cent noimal
Federal Income tax the company pa the 2 per cent tax deductible at
' the source
1 A. 15 Leach L Co and R W. Piessprich cS. Co nre offetlng at 10 J .!.!
and Inteieat $300,000 State of Mississippi sei lal Vi per cent bonds, dated
April 1, and maturing from April 1, 19.29, to 1934. The bonds ate call
able at par October 1, 1923, or anj Interest elite thereafter. This shows
a jleld of 4 34 per cent to the call date and D'i per cent after that.
K. OF CS 2000 VOLUNTEERS
Field Secretaries Needed for Im-'
mediate Service j
I) iViplKocinlrcJVrn
New Inrk ,1uh 1 mil fnr 2000,1
field secretaries fur InmiPill ttr service
here and abroad wn Issued todnj b
William .1 Mulligan t hull in in of tho
Knights of Columbus ci tiinilltee on wrtl
I work net Mile . I
'We aim lo hap at teist 10'in Knights
of Columbus sc,retirlc In I'urnpe be-
foirt inn niuin n nr pmrmnrr .w
Mulllgiu stated Up nddul that only
"whnle-heartpil ' Amentias iboo tho
draft age need npplv
h.imokiu Man ttailli Hurt
slinmoltln, I'ii . J" '"ho llnllin
tltie, c pnl-thrpp pni nld oldest hoist
ing engineer f tho Phlliiilp'ph1 1 "i"'
Heading I nal iitid It Mi turn ""
pieibibh f 1 1 n 1 1 Injured w h Ip (in bis
wnv I" wntk at Hie Mount iln enlllei
WhHp stepping nii i l ie I t"ie Ibe
pngltiP" wpip tiit.il ml ih ninplnr
tope e night tlie englnper mil hurled him
high In the ah V h n b fill hi uf
feied ic fiiutui of tli Ipfi I e eril
broken litis mil .pilntn Inie rn il lu
ll ItlPs
''Strength and Service"
Tradesmens
National BanK
43 1 Chestnut St.
Itl Pnltl IIP CONDITION
At thp ( lusp of Huslnpi-s .lune Jt I IIS
Itl.MH Ht l."
l.oins mid ItnestniPiitH $1 1 5 tj nnn fl
CiiHtomiiM l,inblllt uiidnr Letter-
of ( t edit ntul Accpitances
Hup f i nm flanks
r.xclnnges for Clearing limine
I ash and KPhere
m i in iii'ir'uniiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii'iiiiiniiiiiHiiiii'iiiiiiii i nm i r i in mil im v iiiii wi Jiniiiiiiiwtari
i inn fi'it jn
i 'Hi in j 1 1
1 1 fi 1 1 n i
1 004 ff.G J' I
s17,-i82,7V.ll ,
Capital
iiirplus (llirtied)
1 ndl!dpe I'follls
i.i Miii.iTir.-
( Kut lied)
HOWARD A I.OED
PreMnt
II ll MrCVtlTMV
V Icr I'reo imrl c nililrr
IMUIL'NU WI1.I I VMS
Aw I'nshlir
i: ett cuinMiiiiM
Ant 1'wj.hlpr nl Mir
I urelbii IHi t
( 'hlMlIltl in
l.pttein of i ledit
Vceriil Hires
Anemone PS of other ISitiks olrl
Ulll PuviIiIp t I'edPtil !5e?spip
lluik An mint I " Vrtll e ites
ef IndeliteeliiP-s and Llbeity
IliirnlM
Rvdlsi'iiuntn
Deposits
$5nn inn) mi
l.ooii no" nn
isii ii(, r,r,
ri'i Rn. im
i r.o'i . u
i jii i:t s
I'M oij ir
l I , i nil 'in
i'ii iTb 11 .
in J8 lifil 'I I
National Bank
PHILADELPHIA
flMIITlON VTfl.OSJ-Ol Hl-.IM.sS
mm ;i, i'iih
RESOURCES
1 nans anil lnptini nt Js.iiik. ( 07 IG
lino ftmn It a n k uid
itinket i 1 71 I M i 24
( iIi and I!pspip ")"77.,n
l'x b.iticc f"i I (i lug
Ilou-p . 7 nil) i I
CusirniPis Liihlllti p-
inunl of Acupl lilies ii il mm no
S17.'82,7".11
M f, xi, ( MtTIIV, n-liler
$10,994,832.21
LIABILITIES
r-vpit-ii Ji.nn nnii nn
Soinlns inil lndl irlpil
I'leillt, Net " ii 1" '7
citi iiHtlnn I in "nn em
Pppnlt 'l 17 1 ( IG I.I
,pr.rjit uipm KxPeutfVl felt
CustoniPis K i n in nn
$10,994,832.21
CI. IT! OKIl VI OOll, ( n-lil, r
I IIIVIIMI 1S1I
ermantown
PHILADELPHIA
imip y mi R
itnsouitcns
Loans .mil linestmpiits $5n".tin!J
Oiip from llinks 40141riJ2
Cash and Ite-prvp 51 ' "SS ri'i
Sd.OOG.l CO".
iJaijimtiks
Capital stock $.iiii onn 00
Surplus anil Net Profits 0 1 7 0 tT JJ
t'neirnrd Discount -7'iS'iG7
Circulation I'lS inn no
Deposits 1 77J 78n ill
Hills '.i ilik I oilor.il Ht-
-pmo ll.ink I'm nnn on
$ii.oiri,io(i.gi
.TOHN C. KNOX. Cashier
'I I) " Hint I mnj jjpt In tnura lh htm
I nm Intlnslnff ou fltnlt-pptl pnelope? and
wouM rink that uu faoi mo with nn pirlv
repb or if un iblp tn kIp mp the infor
mation thut jou II1 forward my lptter to
1, f) " J. H O.
AVe cannot gle ioj L D 's address
without' bis permission If, of coursp,
he cares to write again to this piper,
epresslng a desire to be put In touch
with jou, wo should be glad to notlfj
jou L 1") , pleaso take notice.
I enJo rotrr I'llnt'n rarppr xpr much
11 1 the llrnt Ihles- I look for Hut now
I fomptt-lnff N troubling me I am. nbout to
r
mm
THE GIHSHB
men ran ktkhi cjj esxirx esi inya fm !S!r7 53P ej&KpS&TZ
WAXSUJN
PHILADELPHIA
statement "I" "nil Hem it Hip 1op nf !iiIiip
RESOURCES
Loans and liiveslmrnts
Veecpt Hleei Uir Litt l. of Credit
Due fi im H ink i
I.M'iiugp fin Cleat in ; IloiihP
Cash and 1!p-i i p
LIABILITIES
CnlMtill
surplus uid Net Pi "llt
K,.spr fm Deprcc itl.in In .seiuiltn
Circulation Vrciiiinreis n pd 1 ptteM of f rent
Due T'eelenl Kctiu Hink ( Itedlsi Hints an'l
P.nali'p)
DoposltK
lime -'i. nun
lr,J ST", jr, e!
i. t.ii.'.niii oi.
ir.,117 ur. 8r.
1 7GII CIS I i
-, Jnl (111 II
192,338, l.!fi.7 1
$. 000 nOO no
r, r.f.l fiss 'in
174 mo n7
l us J nnn nn
n om nr.3 6i.
itin-
i 'nn 4n i.'i
f,7 fiS8 mi 4J
$92,338,13(5.7 1
'OsniMI IV M.,
I'mn ltnndnlpli. Me p I'restelrnt
( linrlri. JI. .litiin. ( n-bler
Ir rrpnlelpnt
A. I'lrlife.rel, At. C'n-lilpr
Mfrrel lliirrntl, Vt. Cei-lilpr
DIRECTORS
I It M s II III I V t-. ( Ii ilrin in nf the I'.n inl
,.,,1.1 ltiucli Iriiuil- It Uiiip-. Ir. Arthur . Vlnrton
I... mi ii I .rlwrnm Mm . 1 mrlrr. Jr. WIHJhiii Jut turner
VV. Irielprlck snjilrr l,e urse I). Hii-niK irlm V. .1. leiiiut)
If..... ft lull. I. (I u I. . n ..... .......
Win Nruliuld Hr I Hi" Rnnil.illili
Jnhn l.rllil.cl
Of c
ourse
we want your business, but we want
it on a basis that will pay you as well
as ourselves. We want it because we
have proper facilities for handling it.
Don't worry over poor service send
your business to us.
Comptroller's Statement
V r'l- II It., k .1.
Multrr s Tlinm-cm
fcl
Whnt poIIps. .lo jou think 1 liept for thin
profpMlon" What Is the average tuition
colli ben charge for thin course? S O S!
If jou are going lo become a doclo
In the United States, It does not mika
,a great deal of difference which foreign
linguagc jou tike up, but if jou aie
going into business life, Spanish would
bo more aluablo to jou than any other
language, for our connections with Latin
America are Roing to be terj- extensive
afier the war I ;nust not recommend
nnv medical college, but anj medical
school or unlvemlty of good stmdlng.
would be Batisfuctoij. 'ine cnargeH
vary from $130 to J.100 per jear, and
would probably be nearer to the former
amount.
SENATE FIRM ON WHEAT
. -
Refuses to Drop Propo-al to In
crease iMiniimim Price
It 7ie hsoriofeci Vest
Hlilngton. July C Another effoit
to hate the Senate recede from lis
. ,t.,i in inrrraw ihe lloteniment
minimum wheat pi Ice Jo $- 50 failed
today, leatlng In deadlock the Agri
cultural Amiroprlatlon bill to which the
legislation "s attached.
MANY LICENSED TO WED
Cumberland. Mil. July 3 Marriage
licenses hate been Issued to the following
Pcnnsyltanlans' ..i
John Young, Boston, and Miss Annie
Smith nielgely. W Va ; Trltz A Aiider
son and lMnn i Iterlind, Cllassport: Ilay
mond S I.angenhaupt and non'e
Snilthers. Italnsburg: Frederick For
avthe, Orlando, and Jcannette MacDon
nld. Iloutzdalc; Altln Hurkhelmer and
Mai-y Strausser. Tatton : Ldgir Snj der.
belmont. and Helen S Wag ne r. Oree ns
burg; Joteph Manslng and Alice Trice.
Haze wood Joseph Oilmlc anel Mary
i:"S.i.i no.ln,r!" riarenee McKen-
get at cross purposes again No, no 1 , jr'aJt, Grampian, and Syltla AVoodford,
You are too good a fellow for that, Qra- ISfllfebu,
Kan. .. Ua ..rnllrAil nt.cn n nil allUinPll '
Graham heartily on the back. "Have re
cigar and we-11 talk It over."
, Then they settled down to bus!
and what a battlo-of wits It was
-Mill finish the story of that meet!
Friday.
TODAVS I!UH1M-:SH Kl'IflKA.
Bit by bits, the better horse, (A
bii) by bias, the bauliler.
(J. C. McD , Philadelphia )
What does this mean to YOU?
Business Questions Answered
As an old Scotchman, too old, I fear, tc
ehange his h&btta, I muit say that 1 am mora
than Interested In yoiir atory of "Peter
Flint." If I couM only have had tome of
these lesaons whan I was u. young; man I
would probably p much batter off than I
am today. I wonder If you have heard of
the old Scotch maxim, ''lilt by bits, the
better horse, though bis by bigs, the
bal'cjer.",
S ue It epitomizes the resident ScotV
business method of cautiously rrorreeslns
nthtr than taking a chance. J. C McD.
Thank jou very much for this epi
gram. I wish I could get some more
epigrams typical of the leading- commer
cial countries of the world. I hope
some of my readers will help me out.
.ssw'srti
nefflHFt2iMf
laBBRgrSr''
I
1
Farmers
and Mechanics
National Bank
Of Philadelphia
Muttmtnt of Condition,
June SO. 1018.
National Baxifc
Third and Arch Streets
A Commercial Convenience in a Commercial Community
htatcment of June -U, 1'JIS
Resources
Loans and Investments
Hue from Banks
KNchanges for the Charing House
Customers' Liability on Account of
Lxecuted by this II ink
Cath and Kc-ere
"Acce ptauccs '
$1 I (165 (178 .'0
1 85H 048 J I
103 8.'8 9J
3.1 tin 111
ISt.hSI 1 1
Liabilities
$5r.1,8fH 7 !
"0,057 17
Mel, 4 1.1,1111, VK
JriOI),OUO 00
en sei so
in, 971 7j
171,997 50
.13 410 01
(.no noo nn
1.517 til r.r
1 7.11 059 Ofi
10.90C ,119 4 4
si il, 11. '.(Mi: -,n
(II I 1(1 It-.- 1 - Mil I I.I 0(11. l-rp.lilrnt
Till OIIOIII-. II. (OM1I.KMVN SWUM. Vlll'lll I I,
lee I'reKleleut At. (nliler
I III Is N. SI'IKI III KCHI, O. STl KT Willi I,
Alee l're.lilent uinl i uhler VmiI. CitHhlpr
I ICl'llr UK Ii IVIKI VMM, ssM.int iishler
IlIKKt TORI! VV. II Vltl'l MUt, thillrnmn nf the lloiirel
KilutliiH I.Diimuii l.s Vli( iille.rh llrnr) II llurton Ir.
Then II ( onilrriii ill mini I'.iliirlin
iierBer
Capital
Surplurt nnel Net FMolits
Tnearned DKcount
Amount Retorted foi Tats
Circulation . ...
Acceptances Lxeruted for Cui-tomcri.. . .
Bills Payable with Federal Iteserve Hank
Bills Iledlscouiited with Fee'eral Iteerve Uaul.
War Loin Deposit
Deposits
Henri lVllt hell
.S.VIurtin
Win Vli Viloei Ir
N 1 1 Ii in l.lolnrll
l.initliin leuk
t luirlr .1 ( lurk
FRANKLIN
NATIONAL BANK :
i
Chestnut Street West of Broad
Philadelphia. June 29, 1918.
RESOURCES
Loans and Discounts $47,904,073.90
Liability under Letters of Credit and Acceptances 735,588.07
Interest Earned Uncollected 148,151.79
Due from Banks 14,213,538.47
Cash and Reserve 4,931,189.91
Exchanges for Clearing House .j. 2,809,027.10
$70,741,569.24
LIABILITIES
Capital $1,000,000.00
Surplus 3,250,000.00
Undivided Profits 945,074.75
Discount and Interest Unearned 137,893.56
Letters of Credit and Acceptances 735,588.07
Rediscounts at Federal Reserve Bank Secured by
Government Bonds 2,962,885.00
Deposits ' 61,710,127.86
$70,741,569.24
I II. MrVLI.ltTl.ll, I'relelent.
.J. . I! Mini1). Jr, Vlee-I'reslelent I.. I! smni.ns, . ( u-lile r.
.). VVM. IIAIUJl, Culilir W. M. (U.IIVIVNN, Jr. At ni.liler
DIRECTORS i
,.nlel T. IlnellnP LIII IM.es l-a-ismorr, " " .V'jViTo
llenrv T..tr,nll I. nelre, ll.irrl., Ir J..l r,l i". iJialS
.1. Uullierfnril Mr Mll-trr lulin llBinpon llnrne Ilnnlel II. ItrnU
KrederlrK I.. Ilnllv MorrU I. tlotbler Vrtliur VV Srnnll I
Lfrlnclinin 11. Morris ' . W . Packard .In.cpli Moure, Jr. I
l'erry C Mneleirn ( linrlteill Ynrnall Ii.Ih I.illle
FOREIGN EXCHANGE IN ALL. ITS BRANCHES
, In s recent'' Uue, under the space devoted
te Peter Flint, I notlco a nuery from I.. D
t i ll fesTSrewns; in. inrvi..H u. n urn i.iiR w.
'-.'JIM tre.nprent. nd. possessing excep
'' ifMBJdly ftrorur nul ties.
RESOURCES
JxanU and Intestnients. $10,857,137.07
U S Honus utis. or
Indebtedness .'.781,874 53
Due from Banks .. 3,281,608 91
Cash and lleserve .... 1,121,578 6.'
$21,058,499.73
. LIABILITIES
Capital IJ.OOO.OOO Of)
hurplus and Net Profits,. 1,630,600 J7
Circulation 1.198,997 60
Deposits I6.;J9,001 96
$21,058,499.73
Howard W.ALewis, ,
, i , - PjrtwWeat.
THE OLDEST BANK IN AMERICA
(tfhe ISank of
CHARTERED
CONTIMCNTAL C0NORCSS 1781
Gtthli
imenca
(National Bank)
REPORT OF CONDITION
RESOURCES
loans and Discounts
Due from Banks and Bankers
Clearing House rjxehanges . . . '.
Cash and Reserve
Treasurer of the U S .
Customers Liability Account Aognpinces
Acceptances of Other in
Int tamed but Not Colli
Customers' LtabilltyrUJyfHHbrs of Credit
Total
LIABILITIES
Capital ..,
Surplus and Undivided Profit
Circulation
ink&aDr
HP&rs
S2t.987.007 74
. 5.292,568 01
. 1,040,801 11
. 2,108,300 05
43,000 00
130,429 38
47 330 24
10,119 71
279.000 00
S30.940.5S0 24
Deposits
Bills Redlscounted . .
Acceptances Executed lor Customers .
Reserve for Taxes .
Bills Payable
Letters of Credit Issued to Customers
Total ,
Philadelphia. Juno 29th, 1918
, $1,000,000 00
. 2,308,015 62
498,697 50
. 24,466,182 68
791,000 00
130,429 38
23,23106
. 1,450,000 00
279.000 00
$30 046. "556 24
ll, H, KIlOMi:u, (uliler
xti&b&&y
Central National
Blff CHESTNUT ST. AT FIFTH
Him PHILADELPHIA
Statement of Condition
RESOURCES
I cunt unit InieitmenU $il,6-!i,036 88
tu.toiiirr I labilily e
count of VriepUnees
IxeluinxeH fur t letirlnc
House
IJi.e frnm llankH nnel
IlinkerH ,
.i8.noo no
759.437.78
Cl
4.JJ9 03?. M
Cash and Reserve 1,508,468.18
$28,247,985.27
H II I.I VM I'llsf. I'rr.lilent.
WILLIAM . ( ClMiAIIA.ITr- & t'n.h.
M IIIHT II. Aillll. A'l t'ui.hler.
June 29, 1918
LIABILITIES
Capital $1,000,000.00
Surplus and Undivided
Profits (earned) 4,098,579,47
(in illation f.3.000 00
i.rnUnie. I.eiutecl ,...
for ( eitonirr 38.000 00
Due Federal Re
serve Bank ... 1.403.348.08
(IteillMotinU unci IIIIU I'aablel
Depoiitt 21,653,057.72
$28,247,085.27
STAMK K WU.KON. A't t uhliler
. II. MUIT. .'t Cashier.
II. Ill A. lAK"ON. A't iililrr
III. sol itl .s
I..iniii and Itnet-
ineit' $11. 1 U SOS .'9
Inn rrom IIhiiUh 'J IJ4HIJ88
leniini; lloue l.-
elmiiKiK 1.17 1 9.-1 JO
e nh mid ltrere. J 399 755 V)
ii'tomer" l.l.ililll
in I'orilsn I'led
m and Aeeepl
lltie ik 1 H 5; J -,)
'. ! C,i r,l 1 31
' "" i wK B
mm
I.I Villi, ITII.S
( ipitnl Jl 000,000 00
Surplus nnd N e t
Profits (i:.crned) J 777 TCS 3G
1 ne nrned Discount -HG 359,53
IWnt for T.weH
p.uiilile 1919 10 000 00
Clrculiitlon 1 It 700 00
hepi'lts I". I1J 115 88
Porelan ('redltH nnd
Acce ptHliceK 111 972 64
l.onnn frntn Peek i il
Uee tie I! ink 1 000 000 00
5J 081 503 31
IIIKKf TOIH
'OIIN I MneDONALD
II SOV CATIII'.IIWQOD
'M I. SPPPLKi:
TUfW 7 ICFPRIHS
JOSKPH H PAIIVIN
w.M ii roiAvi:i.L
wai.tpi: a haii r
l'has s caiavi:ll
rrixxrc n moss
ono w n iiom:nTi
? I KHH ITT N WILL.ITS Jr
i onis n paoi:
TO II UATIDING
JJAVID C HUADI.K"
PAUL THOMPSON'
tirrirnm
CHAS S . CALAVBLL
1'resldent.
M N WII.I.ITS
Vlce-Preloent
thos j jnKnuus
Vlcc-rrcsldent
NEWTOV W CORSON.
Cashier
ALLH.V M MATTHEWS.
Anst. Cashier.
ALHCHT N Iioau, Asst Caahtar.
Corn Exchange National bank
Philadelphia
Chestnut at Second
i i mi nun iiiiiiiiuiiiw iffliWiniii iiiiiiwiiiiiiiiii'iiiiiiiiiMiinii hiniiiiiii iiiiiniiiuniiiiii
1 1" lill'll I lilllllllllllWI'llllll'llllllllllllllilll'IIIIWIIIilllllllllll
NIIIIIIIIIIIIIIIIIIIIMIIIIHIIIli;;
ZJ- -z-. rrzn
rv tiii . c
iiimiiiiil)lllliiiiiiiiiiiiillllip
INCORPORATED 1803
THE PHILADELPHIA
NATIONAL BANK
1 In! idtliilil.i
RESOURCES
Loans and Dp-cmuUs
Ucruod Intcri'st Rccen able
LustonuTs' Liability uiulcr Lt'ttci
Ciedit and Uccptanci'. ..
I") ui" fremi Ii.mks
I'M-haiiKCfS in Clearing Uon-c
C .ili and RcstMxc
lune
S71.y71.Q33.77
li0,988.73
S.500.366.28
30.267,056 20
3.708.465.5S
. 11,714,510.30
$126,313,320.86
ui
LIABILITIES
Capital St, ids $1,500.00000
Surplus and Net I'mtits i 1 anu d 6.015,354.26
I'licnriicd Distount 44,47.12
Ucbci cd for Taxes . 145.687.81
NcciiK'd InU'i et Ia able ... . ;vS,68.2o
Letteis of Credit and Wcpt.uiees. . . 10.633 763.13
tcept.uices of Othei P.anks Sold 5 212,297.20
Votes and Hills Ri-disi uinled 6.15.S42.75
(Indni'liial . $54,554.29" 15
B DeD0SltSiH.ir 313069.
IL r i ji in i i mm in inueiMT. "-j i t ... w.! .
3126,313,320.86
I 1 I III I ri liln ,
( 11 MM I s P. Ill INN Ir.Miel're. HIIII1H Mllllll Uirl'rr.
Ilillt I I lilt 11 sill. Me. I'reH'elinl mill lulil.r
vTH'lll N I. HI Til "l I .sill, r I llliniMM IM ril Vnilltor
Tiiv. Mill s I I Ui" .t ( i.M.r I III. Ml IIOs Mer I nrtUn Dept
.VVili H sAuVni V..I ( iKl.i.r II . IMII 111 Mis Kr ir. Ilent.
li-'Nfi 1'. sinill Ns v.,! (uIiier N. 1 11 I. Mir. Inn-It Unit.
DIRECTORS
(.curke o..il Pierre s iln I'nnl ' I JJInl"
Mire. I I llirrlim -I s Ullic , I ilrlilte 1!. le.lin-elll
l V.I I Hue s, ,,,,! m nm I tii I llemiinl l'e
inner II MelnueVii Willi mi II Homier ' Ucar-lej Mllehell
It inil 1 Mri. i Wii'line It slnniiiin- Uillliil s Cue fre
H sjiiuifl Hi i - nsiii I I Wmrlitr in un i. nrciiKie
-rr-rfl h i ii i ii imiin-m-rrrtT 11 nn n n n 1 1 M 1 1 1 1 Hi t i JI I 1 1 m ll 1 1 . m 1 11 1 1 1 1 1 1 n 1 1 t M ,)TTT
OEOIIQE BURNKA1I, JR.
WILLIAM WOOD
CHARLES WHEELER
CHARLES E INOERBOLL
A A JACKSON
DIRECTORS
EAMVEL M. CURWEN
CLARE.NCE M. BROWN
STEVENS HECKSHER
AVERY D. ANDREWS
J. BARTON TOWNSEND
T. FRED'K C. STOUT
BENJAMIN RUSH
WILLIAM POST
JOHN B. MOROAa
Wll, V, COttAO
First National, Mmnk
OF PHILADELPHIA
315 Chestrmt Street
Condensed report nt close of business June 29, 1018
RESOURCES
Cash and Reserve . . . . ... $2,740,662.18
Exchanges for Clearing House 1 65d,775.35
Due from Banks 7,982,804.03
Loans nnd Investments . . . 32,526,178.61
Interest Earned but Uncollected 150,041.81
Customers Liability for Acceptances Executed 784,000100
Total $45,843,461.98..
LIABILITIES
Deposits . .
Capital . .
Surplus and Undivided Profits
Dividend No. 138
Interest and Discount Collected but not Earned
Reserved for Taxes
Reserved for Interest
Bills Payable
Acceptances Executed for Customers
$38,129,446.79
1,500,000.00
1,936,910.16
37,500.00
138,226.76
11 l,087.5gj
7,113.71
3,199,177.00,;
784,000.00
Total $45,843,461.98
M. A. LAW. President
.,'vrnu u'iiikr vi I'mlilnt THOS. v. AMIIIKIV. Casliler
FRKAs'll. SNIKKH. Vice Vtt. CHAS. 11. J MIls. Ass't Cashier?
IIAUItV 4 IIAAH. Vice Prolilent C.III II. CHAKrKK, Aiis'l casHMC
iMDcrrnDC V-
I'. W. Ayer Jrmiltllii D'Oller Mlllam A. 1jit v'
'lm. S. Clilld Ullllain I. fiest Jei-etili II. SlcC'all jt
.,.1. . i lurk Sulney K. HulchlnsuD Krnl'k lie-Owen -rff
Mullnn flark L. '. Irln J. Iltnry Hrltrji.y4
4. i i un iryue .
j III fjriiv II K Curli
' Ix Ire-Inn 11. Jones
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