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EVENING PUBLIC LEDGERPHILADELPHIA, WEDNESDAY, SEPTEMBER 4, 1918
15':
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GOSSIP OF THE STREET
ALLIES' CONTINUED SUCCESS
MAKES STOCK
Enthusiasm Maintained to
vestors' Return Another Indication Peace
May Be NearGossip of thcStreet
13 l
Im Tfl nVR rnlllrl Ylt fnun n .It..........
I 2i ll - ....., wc iuuiiu lu HlDtUPa uiiy UlilI OUlJV.L 111 UIC .11. ,11.1....,
jT district yesterday than the stupendous serlos of successes on the
European front. The stock market reflected this news In an advance
In prices for virtually the whole list, with particular refcrenco to the
'f i Wllroads and Industrials, especially
J lin&nclal dlfttrtot wnct htlnvnnt nnA
. ..v.
i icn development.
P. v up to the last minute of the stock market the good news kept comlnc
3 OVGr the tane Htlll Ihr nntt'a liiillntlno ni.l M,n Kiialnmnra nnltfrhr fhft
' , . - ........ uiibuiia, ,t,n. tub ................ ....r,.... .....
Up" enthusiasm. It was freely remarked that there wns no possibility of
.. fiareback," as even Berlin had officially admitted a severe reverse.
Itfjft r" news that thet House had
I 1 failed to Inspire either' pnthnqlnsm
1 ilon among bankers and brokers Is
.nnoi stages It will be considerably modified In conformity with the ex
pressed wishes of the Secretary of the Treasury. v
The annoiinppmpnt nf thn nfUplnl
l. the Czecho-Slovak National Council
liv Vment of Russia had no effect on the
eald It would In all probability have
i,f, eiieci on luissian exenfinse and securities.
P,'Forign Investors Back in American Markets
A well-known banker remarked yesterday that one of the most
hopeful signs of the progress and possible) early end to the war was the
return of foreign Investors to tho American security market. There Is
no doubt, he remarked, that a great deal, df the recent buying of stoc's
in this country has been for foreign account. In the early stages of tho
War British and French Investors were compelled to sell nil or nearly
11 their holdings of American securities, nnd they nre now moving to
regain their stocks at the earliest possible opportunity, knowing that
after tho war these securities will be the safest In tho "world.
Another banker remarked on the same subject that on frequent
former occasions London financiers havovhown a remarkable Instinct
or foresight In sensing important movements In seourltles duo to great
political and financial developments, nnd If on their advice clients are
already In our markets making purchases wo can draw our own con
clusions. A certain banker nnd broker who Is fclosely in touch with the for
eign financial situation said that it would bo too bad If conditions In
tho stock market should develop such a turn ns to Influence the for
eigners who are making Investments at present prices to turn around
and take their profits Instead of keeping on buying, and he hoped those
who can control the money market, as far as unwlso speculation Is
concerned, will keep a sharp lookout for anything which would upset
present conditions. What we want, he said, at this time Is a gently
rising market without anything spectacular, even If a big victory should
bo announcr-d, which seems to be among the early possibilities.
War-Finance Act Amendment
Referring to Secretary SIcAdoo's approval of the amendment of
the war-finance act to nlfow 100 per cent advances, tho principal of a
largo Investment houte which handles the financing of largo public
utility operations, especially traction lines, said yesterday ho under
stood that It was Mr. McAdoo's plan to nppolnftt an early date a
Qualified man who wllf have powers similar to those held by the recent
appointees to the heads of aircraft and munitions production to take -up
the problems confronting tho utilities situation, and cither co-operate
with the local State and municipal commissions as to financing, ln-
i creases In rates, etc., or, falling to get co-operation from these sources,
to be In a position to dictate .the application of such remedies as aro
absolutely necessary to a situation which in many Instances is growing
so'acute that collapse is Inevitable,
Jnterborough Transit Bonds
A distributing syndicate composed of J. P. Morgan & Co., tho First
'National Bank, the National City Company, Harris Forbes & Co., Lee,
Hlgglnson & Co., Halsey Stuart & Co. and Klssell Klncutt has been formed
for Hjo purpose of selling $33,400,000 Intcrborough Rapid Transit Com
pany three-year 7 per cent secured convertible notes. The notes aro to
be offere'i publlc)jk at 08 and Interest, yielding slightly more than 7
yper cent. Such of the notes as may be taken by the war finance corpora
tion, not to exceed $12,500,000, are to be sold proportionately with those
taken by-the syndicate and under tho Mime terms as to selling commis
sions. From the offering price a selling commission of 1V4 per cent out
of the gross profits will be allowed to syndicate members on confirmed
sales, per cent of which may be allowed by syndicate members to
dealers or Institutions with bond departments. The notes aro to be
secured by $52,187,000 Interborough Rapid Transit Company first and
refunding mortgage 5 per cent bonds, the bonds being thus pledged at
a price of 64 per cent, nnd will carry the privilege of conversion Into
such bonds at 87, with adjustment of interest. The notes are to be
redeemable at 103 and Interest during the first year, 102 and interest
during the second year and 101 and Interest during tho third year.
PHILADELPHIA MARKETS
GRAIN AND FLOUR
I - -uririi-A'i-. ifnr-ptmH. k.himi
bushels.
Thn
rUr'msrket ruled Arm.. The Quotations rnncert
It II ioiiowb; var ii m cmii ncv....
'MAu.,nni,Hi atanrin r1 tnanectlnn). standard:
Brlcee No. 1. red winter, J-'.39i No. 1.
'..... ,-. I' 510. Vn 1. hurrl Winter.
C7jl.il; No. 1. red winter, garlicky, J.'. 37: No.
l. J. red winter, $2.38; No. 2. northern sprint.
"ni.SnTNo. a. hard winter. i2.SU; No. i! red
winter. Hrllckv. 12.84: No. B, red winter.
I hard winter, I2.32;NNo. 3. Fed winter, ear.
H. rw-i.'nvll.rw.lnt. R217 bushels. Trade waii
L)f low and the market was nominal at 1.80G
-JI.SO for yellow, as to nrade and location.
UATa neceipis. tc,w- . UUailVin. ..o
'market was dull and c lower. Offerlnes
-were moderate but amme. Quotations: Car
lots, as to location No 2 white TV4 W
BOUo: standard white. J8W 07Wc: No. 3
iwlilMi TSOTHHo: No. 4 white. 7IIVMJ 77V4 p.
V FLOUR ltecelots. 201.058 pounds In
ackiV There was little tradlnir and urices
'faored buvers under fairly liberal olterlnin,
(The- ouotatlons follojv: To arrive, per
H, In OS- b. sacks Winter, wheat. J00
r cent nour. iv.-.,,.. , - ....---.
n per cent flour. Ill R 11.2.1: sarins wheat
0" per cent nour. in w '- . ,
RYE FLOUR Was freely offered and
afefy steady. We nuote at I8.5UOD.50 per
iW., In sacks, as to quality.
PROVISIONS
t
m.,.- ni- i-,ilfi firm, with a fair de
mand Quotation are as follows: City beef In
, 2fs smoked and alr-drled. 47c: western beet.
S"..... .ii.rf ilr- civ beef.1 knuckles
,a tenders, smoked and alr-drled. 48c:
r .western beef, knuckles and tenders. ernoK.o
-4BC; Dee naroi, ""'jl '-,' "
JiAtni. 8. r. curea. loose, aivpa.c. uv.
It 18c: other- hima, moked. ry cured, ae 10
.'western cured. S4 033CI do. boiled, boneless.
!.'4oi Picnic shoulders, 8. P. cured. loose.
S4c: do, smoked. 2ec: bellies, in piCKie.sc-
IV eordlDK to average, , loose, aoo; ureKtk
!? hkm. as to brand and averace. city. cured,
ic: breakfast bacon, western cured. 44c:
lard, western, renned. Z7U(C2iic; lard, pure
--T.' . ' .....a- .. OVl Mil
t!tr. kettle rendered. S7H wssc.
REFINED SUGARS
jV. Demand v.as.only
Smf Brmly held on
moderate, but prices
a basis of 7,50c for
?? line vranuiatea.
It DAIRY PRODUCTS
'. rHEESE SuDDllea wero email and the
i ; Jntrket ruled nrm at the late adance with
i dttnand rair. yuowiwininew mm, whuk-
kl. .- u T L' tfVl'Tli. ananlala
And fair. Quotatlon: New York, whole-
1IK. Jancy. .-.... -'',;' -,1U-,s
" V'
her: do do. fair to irooa, tresn,
275
T. --. A taw trt pnnii "ftlA fH'JIe.
BUTTER The market ruled firm' at the
te
advance, wun urniuuu dubuiuiuk mw
H(l C
tatlone raneed
followi :
Solldpacked
4VU"T: T... JO lilirhaf atnrlnu- trnnrll
tSSS,V'',t" "nr.T.. 48 M48V4 cT flrits: 4U'i
aTVie: seconds, 444dc: fancy brands of
--ewlnts Jobbing at nnwaici cnoice at etc;
Cl" t ood at B1BB3C.
a T EOOS "Strictly fine eees were scarce and
KV ease., nearby firsts. 'tl4,4yfl4.70 per
iftandard ca.ei current '"".?,-"'
27. in per case; western extra tlrsts ri,il
ii!lV'.f;:rrr' .ia.an014.iai nnlltfl unil
HrMratei .via 'were Jobbing at 63U55o ii.r
rtn'
1 - ruuLJiti
LIVE There waft a sood demand
lr tha Kekrew New Year holiday and
Qm market ruled firm and -hither under
ZTTjMta nfTcrlnas. Quotations! Fowla.
Mnf"T2 - ...tr,u 4i1Ai.fln. .nrlnv -1.11.
.not Lecborns. accordlnc'to quality, 3.1
ei, white. Leahort;.. aa to auallty, S3
r! u.-iav 9aatiT, riu pviti
: ValiJoi do. do, old. ao&sci do.
iivivci guineas, per pair.
vucwfi.iu: po,
on.. ald. per
MARKET ADVANCE
End of Session Foreign In
...... l..- ..I.Un Ih tl.n rlnnnnUI
equipments. The" whole tone of the
BvniMln(lnn la rn ttntrt'u wnlflnf fnr
..w......... ... .. ... .
tnken up the new war revenue bill
nr rniln.qttv. ns thn cenernl Imnreq-
that when It eventually reaches Us
fnHlMiin lit tVir, TTnltml Ktntpa nf
as the de facto belllKerent covtrn-
stock market, but certain bankers
n. very favorablo nnd far-reaching
selected. 37V5c: wolehlns 4 ttn. nnd over,
apiece. 37c: smaller sues. 3:i(i3llc; 'old
iiiusiui. ury-DicKeu. c: nroiunit cmcKens
w't.r.n ranfJ. wel'hlPK 1V4 2 lbs. apiece,
.lMr104UC: VelirhlnEf '2ti lha nnlora anA nu-r
Hllia,37c: sprlne ducks. Lone Island and
rennflMvania dTfiioc: snuan. per dozen.
wnuo, weiBnin iuvpi'J ins. per dozen.
K.25: do, welKhtne HiTlO lbs. per dozen.
m
7.oij: do, weliehlnK H lbs. per dozen. tHit
11 oO; do. uelKhlnir 7 lbs. per dozen. I4.50ian:
do.
uu nhlnw 11 Art 11. It. . ..:
do. ddrk. tl.S()O2.o0
ciHititiiA uyiyj iui. uer uuzen Jto-
small and No,
119
01).
FRESH FRUIT5
Demand was only moderate, but prices
generally were well maintained. Quotations:
Apples. New York and West Vlrt-lnla. per
bbl..l2.505.S0: do, per H -bushel basket,
40c 11.60; do, per bushel basket, 12;
peaches, Delaware and Maryland, per 0-lms.
ket carrier, 1102: lemons, per box, U08;
oranees, California, per box 1500; jrrapo
fiult, per box. 1405; plneapp'lea, I'orto nico,
per crate, $308; do. Cuban, per. crate. 30:
crapes, Delaware per 0-basket carrier, tl.1c
011; do, Delaware, per 3-lb. basket, 150
20c! do, California, per box, 1103: pear.,
California, per box, &Oc02.SO; peaches,
California, per box. 25075c; plum, Cali
fornia, per bov, 1103; cantaloupes. Dela
ware, per standard crate, J101.5O; do,
Delaware, per Jumbo crate, 11.5001.73; do,
Delawarp, per pony crato 7.'icll do, Del
aware per flat crate, 50075c; do. Call
fornla and Colorado, per standard crate,
1202.00; do, California and Colorado, per
pony rrate, 1203.23: do, California and
Colorado, per flat trate, 1.
VEGETABLES
The general market was aulet nnd barely
steady, aa follows: White potatoes. Nor.
folk per bbl. No. 1. 13.5004.30: No. 2. 12
0.1. White potatoes, Eastern Shore, per
bbl. iNo. 1. 1404.60: No. 2. J203. White
wuiHiuvB, jemey. per it-Dusnei oasKet no.
1 1101.15, No. 2. 6O0U.1C. White potatoes.
Jersey, per 150-lb. baa No. 1. 13.8004; No.
j s,nun'-j.70. ftweet potatoes. Jersey, per
basket No. 1. 1101,50; No. 2. 75oll.
Hweet potatoes. North Carolina per bbl.
No. 1 13.5004: No. 2. 11.5002; culls, II,
Sweet potatoes. Eastern Shore, per bbl,
ixo. j. si,ou; io. ;:, ii.ooas'L', Lettuc,
New York, por crate. 1102. Celery. New
York, per bunch. 1.1050c. Peas. New York,
per bushel basket. 1102.50. Onions Jersey,
per ?i-Dusnei basnet. 85C0I1: do. do per
uusnei uainuer, uucifsi.iu;' ao. per iUO-lb,
ban. S202.6O.
LONDON STOCK MARKET
BuovantjTono Is Shown, With Allied
Bonds Strong
London. Sent. 4. Trie war situation
on the western front was the chief fac
tor on tne siock exchange .today. The
market had a buoyant tone and French
Es advanced 2 points while other Allied
funds hardened, ,
Mining, oil and engineering; shares
were prominent and firm features, and
strength was maintained In shipping
stocks under the lead of Cunards.
Money was scarcer, owing to large
treasury bills purchases. Discount rates
wero quiet.
GOVERNMENT BONDS '
2. registered 1930
2s coupon 1030 ,
3s reclst.red 1818 ,.,...,,
8s coupon 1018 ...,,...., r
4. resist red 1023 .........
!
4s coupon 19Z ,
U resist red 1848,
Illd -
, 98
. U8
. 99;
. 99K
1 10014
, rooii
REVENUE BILL
B1AYSTRIKESNAG
Political Fortunes of Con
gressmen Threaten Im
mediate Passage
KITCHIN TO RUSH . IT
Sonic Members Eager to Stay
Until Measure Is Dis
posed of
By the United Preje
lVnlilnprlon, Sepi 4.
Political fortunes of Congressmen
today threatened to delay final enact
ment of tho new IS.OOO.OOOtOOO revenue
bill until Just before or lmedlately after
the fall elections.
Houko Majority Leader Kltchln and
his aides plan to bring the bill Into the
Llower body Friday and push it through
by September 14.
While the Hrusc Is debating the bill
the Senate Finance Committee will con
duct henrlngs.
llut meanwhile House leaders are
planning a vacation after the lower body
has pairsed the measure on to the Sen
ate. The plan Is to have the Senate
concur In a Joint recess resolution allow
ing tho House to go away until the Sen
ate, has passed the. bill and Is ready to
send It to conference.
House leaders declare that the call
back to duty will come In about a
month.
Privately the understanding between
leaders of the two houses is that tho
House, will not be nsked to return to
business until cioso to election day nnd
after that the bill will bo tied up In con
ference for a week: or more.
Leaders on both sides say there Is no
chance of getting the bill enacted before
September 28, tho dato of tho next Lib
erty Loan.
The recess plans, however, are certain
to encounter opposition In both bodies,
and there Is a chanco the President may
have something to say.
Some members' of the House nre eager
to stay on the Job until the revenue bill
s flnnlly disposed of, on the ground that
they will bo In a strongcr po-iltlon at
election if their work Is e'eaued up
With both Democratic and Republican
numbers of tho Ways nnd Mejp.s Com
mittee back of the new tax bill. It la
expected to go through tho House in
record time with very llttlo change.
FINN REBELS RAN AMUCK
Englishman Charges Them With
Worst of Atrocities
London, Sept. 4 (Uy I. N. S.). Sto
ries of liendlsh atrocities by a band of
Finnish rebels are told In the London
Sketch by an Fngllshman who has Just
returned fro.n Finland.
"During March and April there were
about 12,000 rebels nt Tammerfore, who
were determined to kill every man.
woman and child above eight years of
age who did not belong to or Join their
creed," ho said. "A farmer's wholo fam
ily was nailed by hands and tongues to
a table and left there until they died.
A clergyman had his eyes gouged out
and waB then crucified to tho wall of his
church and the Ulblo nailed to his
chest.
"I was sevcra) times arrested and
prodded with bayonets by these fanatics.
The Government forces finally succeeded
In seizing and afterward killed the
fiends."
Dr. Delbrueck's Son Killed
Tartu, Sept. 4. The son of V)r.
Clemens Uclbrueck, former German Im
perial Vice Chancellor, has been killed
on the battlefront, according to a dis
patch printed by the Zcltung of Zurich.
Loans and Investments... $8,065,339.78
Due from Banks 709,334.58
Clearing House Exchanges 207,212.50
Cash and Reserve 1,008,629.03
Customers' Liability Under ,
Letters of Credit.... 13,564.9s
$10,004,080.87
LIABILITIES
Capital Stock , $400 000.00
Surplus nnd Net Profits. 1,085,158.20
Circulation 200,000.00
Individual Deposits 7,727,817.16
United States Deposits... 348,750.00
Rediscount With Federal
Reserve Dank 228,790.53
Letters of Credit 13,564.98
$10,004,080.87
JOHN G. 50NNEBOKN. Cashier
August 31, 1918
RESOURCES
National Banlc
Third and Arch Streets
A Commercial Convenience in a Commercial Community
, " Statement J3f August 31, 1318.
Resources
Ixjans and Investments
Due from Banks
Exchanges for tho Clearing House
Customers' Liability on Account of "Acceptances'1
Executed by this Dank ....-
Cash and Iteserve
Liabilities
Capital J500.000.00
Surplus and Net Pronto... J604.282.97
Interest Collected and not Earned 66,710.33 670,993.30
Iteserved for Taxes 22,396.66
Circulation vv: 4J?I'2?7 52
Acceptances Executed for Customers 28 311.33
Bills Payable with Federal Reserve Bank 1,020,000.00
Bills Redlscounted with Federal Reserve Bank,... 2,079,123.31
War Loan Deposit , . ISM".?,?
Deposits 11,175,032.61
I
nunnFllSl J. S.
THEODORE II. CQNDERMAN HABIUKI. ( AMPRELI,
.Vlc lrelaent . Asst. C'nshler
I.OClrf N. WI'IEI-nKROKBl O. 8TUABT WHITE
Vice Treilden nnd Cashier' Asst. Cashier
FKEUEB1CK S'AIBLAMn. Assistant Cashier
DIRECTORS I
f vnaflna J. Dalian
"tf.n.Mciuiioru
Thfo.H.Condenosn
Horace T.rotU
onn u.Marlln
IauIs N.Knlelbertcr
Wm.McAilM.Jr
Nathan T.t'olwell
HUTIER MAYHALTON OISE
Hertling Credited With Announc
ing Proposed German Stnntl
Dy the United Prcu
Amslerdnm, Sept, 4. Cleneral von
Hutler Is preparing to make a Ktand on
tho OIso Jtlvcr, accordlnt to reports hero
today, crediting this statement to Ger
man Chancellor Hertling.
.. Tn.c Olse runs east and west, ciosslng
tho Hlndcnhurg lino at La Fere, anil
behind that line It turns at right angles
'"u i una liurifl.
TODAY'S MARRIAGE LICENSES
Lharlcs Aliment. Itcaillnir,
nnd P.thcl
RilKln mil, fcxton, I'a , and Hnilln 1
1.1 I.. Kovmnrtw sf
Das If,
Joppph M. Bonneborn, NVw York cllv
ami
..-. ..i.MIHnuil, .llil . 4llfilU III,
"J".". JtcDavllt, Chester. I'a . and Hose
ir. rl."SLu.w' t-'oulter st.
Frank hnley, 11111 H Fifteenth st . nnd
.Mnrv 11. Illako, H 1 1 H Klrtrenth st
Clark it. Dennis, iiia W Coulter st . and
Anna S. Castor. 4050 Orlscom st.
Hussel K Uiirtlett, Wainlui'ry, N. J . and
,. Vrelnla K Conway, r.HL'l .Market t
MllnNrlmn San rranclsco, Cal . and Anna
tit Una yjt ........ ..
U Hilt It I.lllniralnn (til V- 1 ....... J 1
......-, , ., ,.i,,ui, A it.
James il Crser. 14011 Spruce t . end ilar-
,,."'' L- V.'r.'f'"' 'N" ,s- Sllleenth si
Vtllllntn Miller, 'Jli'l K. Norrla si and
Kathrjn Hill, 1I0J4 II. Norrls rl
Lieutenant Allen 11. 1'reelon, Camp Dodce.
Iowa, and Mnrlo J. Cuyjel. Torresdale. Ii.
illehael J O'Donnell. llr.l Wnton 1 . and
ilary 1 Durham, 128 (lladstolle st
Sclotn A Nonsuch, Sli.'O W. llordon si . and
ojeph 1', llckhart, r.134 Kershaw st . anil
--,',a" V.- inller, B134 Kerthaw at
Walter 1: Holrhklns. l.-.lll llne t., and
Xlrglnla It Kheibley. lllL'l Poplar st.
Arthur Olson. U S. 31th at , nnd Clar.i I)
l.undffren. lL'Jl N.-,7th st.
rraifk I.eillrky. Inn Carpenter at., nnd Kn
haroletrky, mil Carpenter st.
Ucorce ( Jeeney, 15011 N 12th st , a,l
ilary I),iley, 1,1111 N H'th St.
Arthur J. (IruKan. 7111) N. -13d nt and
OeneMevn V Williamson. 3211 H. L'..th st
Lmanuel H KlliiB, Itujnlton. I'a., and
-rvelllo. il Smith. 1S22 ilnrlborouuli at.
i"m!, J- ' """..rear iy bt. Jnnua nt . and
, ,,'""a"I- Wilson. 1123 Ca!lohlll l
Harry bllbeik, 1217 Walnut st.. and Helen
Itajrnoml. lull Walnut st.
Jack 1, Clllvard Philadelphia Na- Yard,
nnd itaruaret J. Cook. Ariimore, I'.i.
Burton Jl Huttnn. 27311 W Alleehcm ae,
and l.llsa X. hherry 2NJ3 N. IJiillr) at
I.mll liauer. 114 .MeCk-lUn st . and. Aucui.la
H l'olck. 1111 mtneivst.
Harold M llermin U , N, Philadelphia,
and Anna il Kelly, HUM .N. 2d st
hnmucl J. I)enrt. ilerlun, Vn and Sarah
MeKendry. ilerlon ,
William Freeman, liois .Master st . and
..,Vr'dKet Heanne HaM-rford, I'a.
W lllam llunrh, 2.III1 Stewart st.. and llllza-
neth Hnlilpn. IT-UE-l-.ltuIn et
Alnhonw Alp. 4II2J Cottaso St., and Ilertha
.;Y,-. Wallera. 41122 Cottage st.
Mlllnm ilcdlunl-, 1310 s. Marston si . and
ineresa uldeuod. 123S MlKihii at.
-Vxel sindstrom. l.Ti N l.-.th st . and Anna
Turta. 2111111 M. iHrirn at
Thomas Hawco, Camden, N. J., nnd Catha
rine. Cole. Camden, X J
Samuel OlnJer. 313 Watklns st . and Dor
othy Tuckman, 2113 South American l
James Lewis. iUs Poplar St.. Und Klla
conaway. NTO N Dirlen at .
Lewis O'llrlcn. fllen .Mills. Pa., nnd Laura
iluoj,.Wp-t Chester, I'a.
Franlllrown, Jr.. 1321 Kenllworth tl. nnd
Laura Terry. 1321 Kenllworth t.
William HarsraM-, l.tusi Harmony tt.. and
Flureneu Jatkson. 2U4s Klmhull mt
John Thomas, 424 N Huh st , una Paulino
Jtalczunas. H2H Fatrmount avc.
William W. Cuiter. Vlll W. Midirtvlek 8t .
and tJveKll Slhel. 72 W .TnhllKim Ht.
Solomon Levin. 31nis Wjaluslnu ai-.. nnd
Sarah Durfman KM N. Utli st.
Andrew J. Cavanauuh ll,',u X 15th st . and
Helen Davis. Wllkes-llarr,.. I'a.
Geurtte E. rornnnlt, I S A , :'.7(l." Powel-
ton ae., ana i;ua .m itynn, 1420 x. mtn
t.
Edward J. ileCormUk. 2110 S. 13th st . and
.Mary 11. I.'ooiwl. t.li'l s Hint st.
Preston T. Itolerts. Aloorestown, X. J., and
Annlo L. Harve. Moorcstown, X. J.
rjcoruo Mitchell. 1721 Wolf St.. and Annie
Alexander. 1721 Wolf st
Harry Anderson. 113J Sprlnir St.. and Kliz-
alieth cuatlns. 113J M'rillK al.
Francis Mctlerty. 273 Titan St., und Amies
ltudden. Wyncote. Pa
PENN
NATIONAL BANK
Comptroller's Cnll.Auir. 31. 1018
! ASSETS
Immediately Available:
Cash & Reserve. ?l,'Jo7,947.43
Exchanges for
Clearing House 329,959.91
Due from Corre
spondents . . . 384,992.59
Eligible P a pe r
Di s countable
in Federal Re
serve Bank . . 5,217,653.37
Liberty Bonds &
Certificates .. 1,131,350.00
$8,321,903.30
Other Loans and Discounts:
Due within 30
days $ 544,773.18
Due 30 to 90
days 1,000,271.40
Due after 90
days 2,409,534.34
United States
and other
bonds 567,095.53
Banking House.. 280,000.00
$13,124,177.73
LIABILITIES
Deposits $8,554,198.01
War Loan De
posits 555,000.00
D-u e Federal
Reserve Bank 1,654,095.00
Circulation 43,500.00
Capital Stock
and Profits... 2,317,084.74
$13,124,177.75
"ALWAYS COMMIWCIAI."
M. O. Haker, Cashier
Market nt- Seventh
$13,397. 550.17
1,600,1188.16
380,989.93
28,311.33
1,250,570.02
$16,724,409.61
$16,724,409.61
IfrnnlXOCH . President
W, II, CARl'ENTKR, Chalrmun of the Board
llenrr H.Usrton.Jr.
ptamuei r.. i.unfim
M m.II.Oelbermann
Jonathan Jenks
Charles J.Clark
FOUNDED 1811
The National Bank
of Germantown
PHILADELPHIA
August 31, 1918.
RESOURCES
Loans and Investments. .. .$3,278,888.05
Hue from Hanks 510,036,63
Cash nnd ltcserve 789,565.21
$6,548,456.89
LIABILITIES
Capital Stock JL'OO, 000.00
Surplus and Net I'rollt- .. 636,016.17
Unearned Discounts 30,340.94
Circulation 107,800.00
Deposits 5.124,869.78
Hills Payable, Federal Ue
serve Hants, Llhertv
Hond Account .. .. '. .160,000 00
$6,548,456.89
JOHN C. KNOX, Cashier.
Fourth Street
National Bank
Philadelphia, August 31, 1918.
RESOURCES
Loans and Discounts $55,078,049.34
Customers' Liability under Letters of Credit
and Acceptances 1,479,830.95
Due from Banks 15,389,045.77
Exchanges for Clearing House 916,418.71
Cash and Reserve 7,561,534.01
$80,424,878.78
LIABILITIES :
Capital Stock $3,000,000.00
Surplus $6,000,000.00
Net Profits 1,304,320.39
Reserved for Taxes ' 35,000.00 7,339.320.39
Circulation
iullui-s ui ureait issuea to uustomers, and
Acceptances 1,481,306.45
Deposits 68,108,851.94
$80,424,878.78
KVKHY l'OIIM OF IOMi:TIC AMI FOKKHIN llAMCINfl "
1!m;x('i:i,i.i:i) facu.itiks
. .J, ... ? J- P.I'AMIACKKB. resident.
It. .1. C1.AIIK. Vlee-Pres and Cashier. . , IIHI.KM'.V, Asst Csshler
W. It. HARKT. Vlen-Presldent. . SHAW. 4R.. AsVt CasMef
: U. IIUSirilKKYS. Vlce-.-resldent. ARTnL'R MarMcilOIj'; Ami. ci.Wer.
DIRECTORS
s,DA'l:.I.Jr'-,.TT,'Bn- fhlrmn
WII.l.tAM de KRAFFT
FRANK O. ROORRH
IIKflROK K. JOHNSON
.TOSni'lt E. WIDENKR
HAHHY A. UERWINU
FRANK T. PATTP.rtSON
WILLIAM A. DICK
W It NICHOLSON
Fn.ANl'IH-1 OOWKN
ISAAC H. CI.OTHinn
r.. r. siiANUACKcn
FRANKLIN
NATIONAL BANK
Chestnut Street West of Broad
Philadelphia, August 31, 1918.
RESOURCES
Loans and Discounts $41,841,591.83
Liability Under Letters of Credit and Accept
ances 360,185.67
Interest Earned Uncollected 113,580.32
Due from Banks 10,760,045.27
Cash and Reserve 7,400,101.00
Exchanges for Clearing House 3,203,456.53
$63,678,960.62
LIABILITIES
Capital $1,000,000.00
Surplus 3,250,000.00
Undivided Profits 994,687.61
Discount and Interest Unearned 212,443.16
Letters of Credit and Acceptances 360,185.67
Rediscounts at Federal Reserve Bank Secured
by Government Bonds 3,486,535.00
Deposits f 54,375,109.18
$63,678,960.62
J. B. MeAI.I.ISTER, Fresldent.
A, ifAKKIS, Jr., Vice-President. E. K. SHIELDS, Asst. Cashier.
V1I. I1ABI1T, Cashier IV. M. GKHMANN, Jr, Asst Cashier
SI. D. ItKIMIOI.I), Assistant Cashier.
DIRECTORS
J. Andrews Harris, Jr.
Snmnel T. Undine
Henry Tatnnll
,1. Itutlirrfanl McAllister
Preilcrlclt I.. Itnlly
Ktrinclinm II. Morris
John I!nmpnn llarnea
Blorrls I. Clothier
C. S. W. Tockarrt
Charlton Yarnall
VT. W. Atterbary
Percy C. Mnilelra
FOREIGN EXCHANGE
Vfte
vSforth America
CHAirrmo r..
COSTIMtMTAL CONQRESS I
NOBESSfrei rational oan.
REPORT OF CONDITION
RESOURCES
Loans and Discounts
Due from Banks and Bankers
Clearing House Exchanges
Cash ant Reserve
Treosurer of the U. S
Customers' Liability Account Acceptances
Interest Earned but Not Collected
Total $28.976.808.08
LIABILITIES
Capital
Surplus and Undivided Profits
Circulation
Deposits
Bills Redlscounted
Acceptances Executed for Customers
Reserve for Taxes
Bills Payable -
Unearned Discount
Total ............
Philadelphia, August 31, 1918.
THIRD
National Bank
PHILADELPHIA
COMIITIOX AT CI.OHK OF HCSINIUM
aviitst si, im.
RESOURCES
Ixians nnd Investment'!. .18,716,020.42
Dub from Hanks nnd
Uankers T.3BP.fi5B.l 2
Cash nnd Reserve . .. 1,062,680.23
Kxchnnges for Clearing
House 493,397 18
$11,630,753.95
LIABILITIES
Capital Stock
Surplus and
rrollts (net)
Circulation
IlepoHlts
Hills Pas able .
$600,000.00
UndUld'ed
941.318.04
129.200.00
8,266.236,91
1,694,000,00
$11,630,753.95
W. rUFFOKI) WOOD,
Cfirililer.,
495,400.00 '
WIM.TAM M. POTTS
OEOROR DALLAS DIXON
JOHNATHAN C. NEFF
CHAS. A. DANIEL
A E. NEWHOLD, JR.
1RENEE DU I'ON'T
Kdcar C. Felton
Edward F, Beat
Ilanlel B. Wents
Arthur W. Sewall
Josenh Mnnre, Jr.
i.eiris Lime
IN ALL ITS BRANCHES
THE OLDEST BANK IN AMERICA
"Bank of
- : , a .
.$21,149,610.70
. 5.014, 6JJ.05
726.876.OS
. 1, 359, .21. 55
90, OOO.OO
109,004.40
98,960.30
$1,000,000.00
2,204,606.41
498,697.50
22.139.HS.76
2,220.110.00
109,004.40
23.719.56
470.000.00
110,783.42
t8.9T6,86.0S
8, K0M1SK, Cashier
I
iiiiniiiiiMniitiHini!itintiiiniiitiiiiiiiiHiiiiiwiiiiitHii!Miitra
Choose a Bank
with the business
viewpoint
The Corn Exchange"
August 31, 1918.
Comptroller's Statement
((
Ri:sornci:n
Loan and Invest
ments J3S.100.Sin 83
Hup from Hanks. . 8,198.397 29
''learinc House
i:xoiinnr;eS fiS3.129.3n
t'nsli and Ke.-ene 3,509,419.12
Cii'tomers' I.lahllltv
on ForclRn ("reillts
anil Acceptances . 2,319,002 02
J53.110.78S 56
DIBECTOBB
JOHN .1. MneDONALD
WILSO.V CATHKUWOOD
tVM L SUPPLER
THOS .1. JEFFIUES
JOSEPH II. PARVIN
WM. H. FOLWULL
WAI.TKIt A BAILF.T
(.'MAR S CALWKLL
orncnBS
CHAS. S. CALWELfj
President.
il N. WILLIT3,
VIce-Preslient
THOS. J. JEFFRIES.
Vice-President
ALBERT N. HOGG, Asst. Cashier.
Corn
Exchange National Bank
Philadelphia
Chestnut at Second
.i.iTinint'ii -tci ijtiii'j.tfirtiiiiinui.iuiiiT-ruMiiiTi.ir t!iiiitiiiiiii'i;iu,,::::i!i riiMiuiNin..intnisiTT:tiEiT!nTTr.rn :,'ff:iri!nini:riti!iinnniinn:tfTiif uiiniTTTiii'frn.t'i;nj.i(;.i:!nT!iiTHHirirrnint.
THE GIRARD
NATIONAL
PHILADELPHIA
Statement of Condition at the Clove of nu.tness, Ausust 31, IBIS.
RESOURCES
Loans nnd Acceptances
Acceptances and Letters of Credit
Due frnm D.inks
Kxchance for Clearing House ...
Cash and Reseru
LIABILITIES
Capital . . . . J2 000.000,00
Surplus and Net Profits 6,866,894.45
Reserve for Depreciation In Securities 374,100.07
Circulation 1,082.400.00
Acceptances and Letter of Credit 7.594.888.69
Due Federal Reset e Bank (Rediscount and Bills
Payable) 7.338,240.00
Deposits 68.409,700.07
$92,666,232.28
JOXRIMI WAY MI. JR.. rrralrlent
i:nn Knndnlpli, A Ire Pre. A. C'uililrr Alfred Ilnrrntt. Aast.Cnshler
A. W. Plcliford, Aat. t'nahlrr HnUl J. (Myers, At. Cashier
Walter V. French, Asnlntant ('ntliler.
DIRECTORS
PRANCES B. Ri;EVi:S.
llanlel lliueli
FrancN II
Rnrimnn K. Grlscom
M. FrcJerlcli Snrdtr
Hubert Totand
in. Nenbold Kir
John Crlbbel
Wm. W. rrnsler. Jr.
fieoree 11. Itoiencarten
Jowepli Waine. Jr.
Eran Rundoliih
Morris R. Ilocklus
TH E
CENTRAL NATIONAL BANK
OF PHILADELPHIA
CHESTNUT ST. AT FIFTH
August
RESOURCES
Loans and Investments. .$21,893,958,24
Kxrhansea for Clrarlni
House
S04,G07.S3
Due from
nanWers
Banks and
4,414,188.04
Cash and Reserve 3,093,280.91
$29,906,044.72
WILLIAM POST, President.
WILLIAM T. CON'RAn, V. Free, ft Cash.
STANLEY E. WILSO.V, Ass't Cashier.
DIRECTORS
SAinrn, x. ovxwzx
OlAXEHOE ZC BK0W1T
STETZITS SEOsTMlOEK
ATXKT.B. Wim
OXOK0E BUXI4EAK, JS.
vrnxiAK ood
CHAKtES WHEZLE
cSaxlzs e. xvaEzsou
A. V 'A4SM
hi
$ , "
LIABILITIES
Capital
SuipltiR n n d Net
Pionts (Earned).
I'nc.irned Discount .
Risen r for Taxes
laaljlp 1919 .
Circulation
Deposits
Koiclen Ciet'lts and
AccpptanceK . . .
Loans from Federal
KuferNo 11a nlc ..
Jl, 000,000.00
2.984,125 SO
171,655.20
50,000.00
193,000.00
42,974,145.59
2,387,861.97
3,350.000.00
Ji.3.1 10,73S.SC
FRANK If. MOSS
OEO W. n nOBEItTS
MnimiTT N. WILLIT3.
LOUIS R. PAGR
WM. H. HARDING
DAVID C. BRADLEY
PAUL, THOMPSON
Jr.
NEWTON W. CORSON.
Cashier.
ALLEN M. MATTHEWS.
Asst Cashier.
.J59.340.255.52V
. 7,594, 8a8. 69 v
. 17,163,112.56
. 1.476,104.67
. 7,091,870.84
$92,666,232.28
Chairman of the Board
Reetes. Jr.
Arthur V. Morton
William Juv Turner
A. J. Countr
m. P. lUrha
Walter S. Thomson
31, 1918
Liabilities
Capital $1,000,000.00
Surplus and Undivided
Profits (earned) 4,150,045.31
Reserve for Tuxes 68.sS0.S8
t'lrrulatlon 63,000,00
Due Federal Re
serve Bank . . . 50,637.63
IKedisrounts and Bills Parable)
Deposits 24,591,430.95
$29,906,044.72
A. D. SWIFT. Asst Cashier,
ALBERT IL ASUBT, Ass't Cashier
D. B. A. CAXSOX, Asst CasUer. '
e. nis'i o. ToirT
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tr&i
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