EVENING PUBLIC iLEDGER-PHILADELPHIA, TUESDAY, MARCH 11, 19ID
1T 'fr
s-
tj
w-- a- I
&&
BUSINESS NOTES
3KK(3
Structural Steel
For all. Building Purpoiei
Bethlehem Construction Co.
Engineers Fabricators
Erectors
BETHLEHEM, PA.
Naglc
Steel Company
Slccl Plalcs and Sheets
PoUslown, Pa.
Nitla. Onicc, 1111 Morris Illdg.
- Metal Lockers and
Steel Shelving
High class. Prices reasonable J
.Dexter Metal Mfg. Co.
- Front & Arcli SK, Camden, N- J. '
5pfll'ninrk" 1!
tam
Etsweiler & Co.
Established 1S!
Leather
Belting
Waterproof Philadelphia
Thos. Wolstenholrhe Sons
& Co., Inc.
..French and Kntrlish Spun Wotslcd
nnd Merino Ynms
officii aM mills
Frankford Avo. & Westmoreland St.
Philadelphia, Pa.
KEYSTONE COAL & WOOD CO.
PILING
MINEiPROPS
CORDWOOD
FRONT and BERKS STS.
Philadelphia, Pa.
Henry A. Hitner's Sons Co.
IROtf, STEEL
AND METALS
GAUL & HAZZA'RD STS
riiiiiiiifipiiiii. l'ji.
Sergeant n dirt lit. II i own, .1r,
1 rliir In llti nnr, a number in at
tempts t,n. tn il- ii Swift i.ipltnl in
in ilitifnitiiti. tos fur noma lonsutnptlrm.
lull llir.o Indiislilt i,rxpr flourished
Pin inn tlin vutr numerous facilities, were
transform, d 01 iitwlv print il fur the
mnniifnciiiri. of m, cil lubber mnt tex
Illi lovx ( nnsui ,,t rrporls Hint the
sl' niitiiifiiilirpiH lmvp fnimnl nn
oittHiilr.jiion ulilch will seek m prolyl
HiiJr huslm... hkhIii'I future German
iiinipclliioii fine nr the tmrpote. nf
this oreniilrfttlnn Is lo secure n tenfold
cmrc.iro In Ijio Import dut on lojs
VVhntranlcr of tilth. class rnllnn ma
tennis mill ini. n, rmbrnldeiles re
noil a trtuinliis i iiiiIIiIpiicp In tho mar
ket mi I he urt of tin. rrliillers nml
innniir.iriiiif.rK of garment a with uir
rrspmnlliiKlv Kr. alt i sabs ami flrmei
in lie
trrsnenneni, mi, ,n mK,r ,r tUr
A-Rlmii.il Asnrlillmt nf Importer nf
Hides nnd Skins whereby llm Tnnncrs
mini II will intnniimliMt,. lo It Informa
tion irrivril hs the inuncll ns icirnrds
nva Inhlc stneks of hides nml skins in
,11 '5" ""inlrlf ThlH Information
will bn pissed mi in members nf Iho hide
...in i.iui iiiKiniz.li inn
new- inmpnnv known ns the Com
monwealth petroleum Corporation has
lietii formed under the, l.iws nf the State,
nf Pel twain hi croup of prnmlnent
(Sew tork IMitrhurKli nnd "levclind
hnnliri, nn, nil men Unhiding; Hpitmanl
II llitPt-riH fp ,p ,,poa( f ,l,,l,0n.
Inn ;oii ii most . tinsie o.ile some 2i.
: oon nires of pmved ol hinds Incited
In Nvomlhc. I'ttlfoinli. IViin.vtvnmn
nnd pm Mrjrlhl.i uhhli urn owned or
li.nntl h tin. now ininpiiiv, nnd nn
which thom nre now c-cvuitv -three pro
dticlug oil wrllx
Tremendous tiiniillllr nf rntilier are
peine profliiied .mil me In tdii nermH.
Iiik to itibliei liiiportptt When the
.innNMin wom wlqned it U etlmnted
thai ihein were liMwpen fiO nnn nnd o
nnn tnn of rind.. Mnek nn iiniulateil In
the Tar IIjri, .while iinlliuii Ih theie
would prnlnldv be n mnlintim of about
Infill tons awaiting rlilpnicnt Thl lume
"tniK nf iiiblur Ik benhniliic In rearli
Uin Iiikp miil.elH n irroul Hhlpinent
nrrlilng at thn IMpIIIp mail last week
Hither prlre preuilled nl the aue
tiou in l!ntnp M'sitprda to dlspofe of
thn hnldliiKH nf Kovernmenl wool to mllln
fori x Hi in ui About J flfifi.nvn pmimU
of uread pulled wool nnd 1 150.00(1
pniindi of dpouipd wool ompned Ihp
d.n iifferliiRH Iliixpr were tnnrn In
tejcMfd thin .it prpMoim sales mid bid
dhijr was eplilteil at times.
Conveying
Elevating
Screening
Crushing
Washing
Storage
Power Transmission
The Webster Mfe.Co..Phila..Pa.
BEAUMONT
Coal and Ash Conveyors
for Sainp; Labor
at Boiler Houses
370 Arch St., Phila.
GOSSIP OF THE STREET
FINANCIAL DISTRICT BECOMES
OPTIMISTIC ON EVERYTHING
BANKERS' GOLD
MAY AID ROADS
I'uol of More Than SUM).
Many Believe Upward Turn in Markets Here to Stay.1 000.000 for Need) Kail
D. W. HUGHES & CO. .
12.!H Real r.tnte Trn-I llullillnc
riilliilrliililu
"WOODLAND"
BITUMINOUS COAL
Best for Mtimlnr nnd form u.
In inr lot only.
FRANK A. HOPPE
'Mnnufnrtiirrr ef
nin.i: ci.KAMNn roM'rnr.Mis
Nitro Powder' Solvent No. 9
2311 North Eishth Street
i'iiii,iiKi.rni
O. W. KETCHAM
Manufacturer of
Architectural Terra Cotta,
Bricks, Hollow Tile, etc.
Commonwealth Casualty Company
rhllirtfliihla'. Otilent Canualtr Compaay
Itullt on
Clean ConfrrTHtire Competent
riuMine.. 11etliot
ACtinr.ST. llf.M.Tll. AtTOMOniLE.
TKAM, IIM1II.1TV INHCRA.NCE
Ak lour llruker for lliir Hate, or
rhime Iiubard 333
TAUBEL BROTHERS
HOSIERY
it MANUFACTURERS
Cedar & Huntingdon St.
Fhtlad.lpbla. Ta. K.w Y.rk
Standard Steel
Works Co.
Morris Building
Philadelphia, Pa.
C. JESNIG
Precision Machinist
716 Sansom Street
Philadelphia
Hohlfeld Manufacturing Co.
"Eclat" Hammocla
Couch Hammocks
"Delfeld Quality" Turkish
Towels and Bath MaU
Allendirnr Ate.. Mnlh and Tenth ft
I'lilluifelpljla, I'a.
American Dredging Co.
Khcr & Harbor Iniprmemciits
80S ( he.tnut Ireet
l'liludrliliU ,
Southwark Foundry &
Machine Company
Manufacturers of
Hydraulic and Power Tools
100 WASIIIMJTOV AVKM'IS
I'llIiailKLI'llIA
a iti:Ai)iiri;i
N. Z. GRAVES
Incorporated
22 and 21 South Third Street
rhlladtlpbla
Hie Ifoime of Siierlaltlea In Taint, and
vamlthe.
-Electrical Floor Lamp
." wint i;(insii'K MiMn
- wn.i, DiM.Kiiir tiii; iiniDi:
1WALKER& KEPLER !
531 Chestnut St., Phila.
Chas. J. Webb & Co.
WOOL .
and Cotton Yarns
11G Chestnut St.. Philadelphia, Pa.
PHILADELPHIA
CONSTRUCTION CO., Incl
Contractors Engineers I
I ONCKl-.TK VKTIIAMCAI. i
ELU'TKIl l. INSTALLATIONS
Hill IllSCiS RAILN AH
r.MIIMCKRIMl AND DESIGN
1200 Stock Exchange Building.
Herbert W. Geshwind
neinfbrced Cement and
Concrete Urick Paving
Asphalt Work and Damp Proofing
761-G3.G-. N. 26th STREET
I'lllUMILI.I'IlIX, I'A.
;Build of Concrete
Banker Gives Evidence That Money Is Plentiful.
Gossip of the Street
"VTIMIS.U was the kejnoto to ever thins in the financial district rs
lerday. An lncstment banker said ho did not know whether It could
nil fco attributed to the condition of the stock matket or whether It ni
In tho atmosphere, hut, he said, It has niado Its ptesenco fp!t Kery nnn
li feelliiR pood, he said, nnd lip ventured tho opinion that the lotiK-hopod-for
upward turn hnd enrao to etay, barring the tisunl sllKht reaction.
A prominent uptown banker said:
"Who could help being optimistic? Tho public In In the market with
money to buy; that'a self evident. And there's plenty of mono Im thn
countrj. I waa never moro fully convinced of tlili tlnn durlnc; the last
week. I hae Jmt tetiirnod from Atlantic Citv, nnd never brfoip In the
history of that place lmo there been such crowds nt the hoteli at this
time of the jcar"
"Jt Is not n Thlladelphla ciowd rlthet,' he sajd "One fees fen
people that lie knows, but these people on the Doardwalk come from nil
the little and moro important cltlei nnd towns over the state and out
Vrt. And they all hae money nnd ate spending It. Hotels are nsklii
nnd Rettlnc from J8 to 112 nnd ir for single rcomi nnd are turnlnK
peoplo aw-av A ouub couple In the line ahead of me pah' $ 2 1 for n
nom All 1 could Ret for $S n dav was a little room, with no runnlnc
water, and I waa Klail to get that vthen so many were turned uwa
I saw peoplo theie who posslhlv neer paid as much b tho week na the
were paIn by the day, but the slsnlftcant fact wna that all of them had
mone, plentv of it And they did not come from nnv particular part
of the country. It certainly Is nn Index to our countrj-wlde properl.
Who would not be optimistic over the outlook nfttr seeinc; such a demon
stration?" ho nsltcd.
Banker Tells of Rich Oil Discoveries
A well known banker who ha" Just returned from a trip to the oil
fields of Te! and Iyoulslana. especially the Caddo district, brinpjs back
almost incredible talcs of tho oil dlco cries and the oil output In thon
fields, as Well as the fortunes which nro being madp. Tho lumber busi
ness In that section, he savs, is boomlne; also. This banker Is one of
the most conservative In tho city nnd In slvlnt: his experiences asked
that the be reserved for n futuro tunc
Notwithstanding thl. It Is said In the Street among those who are
Interested In oils that one of the biggest movements In the market of tho '
stocka of Loulsiim companies that ha ever been seen Is looked for In
tho near future.
A man who claims to know somothlng of tho oil conditions In I,oulsi
ana said that that state had been known for years sis an oil pioduccr, hut
the oil -was a hcuvy grade, and so long as the war was on It met with
little competition ns a fuel for steamship, etc On tho signing of the
armistice, he said, the heavy oils of Mexico came into competition, causing
u slump In tho price of tho Louisiana, output. Tho lecent field which has
been discovered In Louisiana, ho asserted, produces principally light
grado oils, almost tho equivalent of tho best Pennsylvania grades. Ho
also said tho cost of drilling In the Louisiana fields was much less than
In the Texas fields, tomethtng which he considered Important from a Block
point of view. It Is said there Is great speculation going nn In this new
Louisiana field In the scramblo for acreage
Interest Shown in Herr's Statement on Foreign Trade
There was a good deal of Interest shown In a statement made recently
Tiv H. M Herr, president of tho vVestlnghouse l'lectrlc nnd Manuf ictur
Ing Company nnd one of the directors of the American Manufacturers'
llxport Association.
Mr Herr claims lh.it the development of foreign trade In electrical
machinery would be very rapid at present were It not for the high prices
which must bo charged for this product. He recommends the most vlgoi
ous efforts of those in tho business bo directed towards bringing down
the prices to a point approximating the prices obtained for such appli
ances In foreign countries, ns the domestic market Is naturally slowing
down on account of tho transition from war to peace. Therefore, he
thinks tho present is tho best timo to develop the export field. In talk
ing over Mr. Herr's statement, a banker who Is Interested In foreign
trade said that Mr. Herr points out n very important matter when he
draws attention to the fact that In electrical manufacturing companies
nbtoafl Germany had the largest, but It will be somo tUno beforo she can
operate advantageously. This gives the United States an 'opportunity. If
taken advantage of at once, to bring her exports to nn amount and value
not possible under normal conditions. Mr. Herr, ho said, brings up Mme
Important defects In our manner of obtaining foreign trade, and the prln
clpal one Is, we Insist on selling appliances made to suit ourselvos.Mnstead
of finding out what suits foreign customers and catering to them.
Important Developments Expected From Steel Conference
In some quarters tho meeting of the commltteo of steel men which
was appointed at the meeting at tho Waldorf-Astoria In New York last
week to confer In Washington tomorrow with representatives of the Indus
trial board of tho Department of Commerce Is expected to produco some
fur reaching icsults, not only In the fcteel Industry, but In almost every
other Industry in the country A banker, in deploring tho failure of Con
gress to pass the $750,000,000 railroad bill, said It was a big blunder to
hinder tho wheels of commerce In such a manner, as transportation Is
the life artery of all business. There Is, he said, one bill which was,
passed that will in a measure offset the failure of the railrpad bill, and
that Is the bill permitting the settlement for canceled contracts, wlih-h
involved some $3,000,000,000, and when this money Is distributed It will
enable many concerns to get to work again by paying off their Indebted
ness to the banks that had advanced credits on tho strength of these
contracts which were subsequently cancelled.
A certain broker, when discussing this meeting of the steel men
tomorrow, said that If it results, as he believed it would. In stabilizing
that Industry the prlnclplo wquld be extended to every otlier Industry,
and such a solution would mean the beginning of industrial activity all
over the rouhtry. "Indeed," ho added, "I am Inclined to believe that
Industry ls'already anticipating-such an outcome." He said he based his
conclusions mainly on the quotations nnd stock movements on the board
He said he had been Informed that in the building trades a beginning had
nlready been made. As for steel, he said ho expected a lowering of prices
us a result of the confeience.
Ab to the conference, he said It was his understanding that the wage
question and tho cost of living will enter largely Into tho discussions
Ho also said he understood from a good authority that moderato reduc
tions in steel quotations might be expected If the steel men would be
assured the government would come Into the market at once for the much
needed railroad supplies and equipment.
"There is an opinion which seems to. prevail pretty generally,"
remarked a prominent banker esterday, "to the effect that there are
large unexpended balances due and to be teturned to tho Treasury on
canceled war orders; that is, funds which, In view- of these contracts,
wero advanced by the government to the contractors and on nccount of
the cancellations are not to be used, but returned to the Treasury. Such
an Idea, If It becomes general," he said, "would have a serious effect on
the next Victory Liberty Loan, and care should be taken to neutralize It
on every occasion, as there does not seem to be the slightest foundation
for it.
"As a matter of fact." he" said, "the coming loan Is to meet expenses
which the government Is paving todav,"
wa Proposed
conditions nffertlng cost of operation will
leipilro eevernl months, Illreetor !en
crnl Hlnes said List nlebt In reply to
nil mldress b Howard lllllolt, presldrnl
nithern I'Hrinn Itnllrond I inn i
Sttlrd.ix In rlilrngo
lr Mine, i haiiieierlred us unfslr
Mi I'.llintl m ininp.iilsnn of the number
f ptnplmes of tne IVnn vtuitii It.ill
in.id t'ompinv In Iviember 1917. Willi'
Hn IH per'ient lmreied fone on the!
IMviolls nf Hint (iimpiinv In Keiembei,
IS, to ilemnnetiMte tint fideril inn-1
un nf the rtitlrnids wns liol produetlxej
of the beil rrult I
The Pelinsvlv mln llnllriml, Mr Hlnes
Mm sulci, eolild not be iniishlried H"
MEDAL FOR DOG'S RESCUER I T ft JXXZ
cirmituration win preeni nergenni jsruu tf.
1 1 INKS IN fOiXl'l'll l.'XCI. ivi'lcil. .s Hi" nveraitp liure.i'e In iiuni-j Crpep'nc slowly toward the t
J h'f of rmiiloven of all riMil ft inn l slrliken dor the mmi grabliei!
Wnr Fiiiniicr Corporation He-
port $:W7.000.000 lo l.ond.
Cnllnlrrnl I-cnli;il
i ember, l'ii;
w.is only s
to .latiilary
per 1 1 111
of till venr
IU ihr ttHiriatal l'rr
Ua.lilnKlnn. M.mh II The flnnm Ul
predicament fied In inllroails ns s
result of the depletion of the Mllm-ul
administration funds without fuiihei
appropriation l. Congress wax ills
ueil todav nt ,i innferetirn between
IHreitiir Cirneral lllnps, leading fill,
way executives, hankers nnd oDIrlil. of
the vai flnnm e coriioi.it ion
Thn ponfei.nee was the llrst nf h
serlu nf informal dlsuiMinns which
.Mr nines hopes will lesult In a i o
operatlvo pt.m rr niniiclng till rnaiM
privately ns ,i Mil.MftiDr. fni the iovetii
ment fiiniipliu- which had been planned
In ronneillnii with ih.. JTeO.000 onfl
funds sotiKht bin bni nii'hnnred b
t'ongres"
A few Nw York Innkers have pro
posed orc.iiilzitlou of a banking pool
of mom tlnn J100 OOO nnn to advance
to rnilro.ids for not mure th.ui six
months 1hl it Is understood was tn
be laid beforn Ihe rallroul admlnl'tta
tlnn Indav
' Cnllnternl I send. I
I War finance mrpoiitinn dlreiiom ex '
j Plained thst the nrgiiilrnllnn has aboil'
"' uku "mi, av.iiinniA rnr loins to rail i
roads, but raid nilerpialn eallnleral nmsi
hn furnished V mudv to determine ,
which inmpanles ran uroniiee H.lu r.
I rurlty his been nnrlert.ikeii bj the rail '
J road administration m flnaiielng division I
It Is proposed that loads tlnamlallv
I sound should hnriovv from the wai
iiiiniK-r i-orporniinn nr InnKers and re
turn advances ptevlously made b tue I
iallro.ul ndmlnlsiratlon which then
would have funds available fop lojins lo
the flnatii lallv weaker roads
lletuni of the railroads in ., .,.,-1
bisls as to their liboi forms and other
THIRD
National Bank
PHILADELPHIA
CONDITION T C'lOSi; OP IIUSt.VF.SS
VI MICH I, 1010
RESOURCES
Loans and Investments J11154 7T9 01
Due frnm IlinUs Hnd
liankerr 1 It: 080 93
rash nml Iteservo 1 018,708 10
Kxphangcs for ( leirlng
. House . 317,812 fi)
Interest KirmM - nt
Collected .... 22 868 18
tiln Oliver Held for Hnv' liijurie.
Vrlhtir tlullfot, Iwentv four vc.us old
f Walts street near Miwh i .uenti"
ililvei of the aulomohlle which rin don
lionipiilik l iAt his ,eirs old of
till I'iM rasMink svenue, whs todav
held In JSnn hnil In Vlnuistratn I'oward
The nc lilent happened wsterriav nfter
noon at !' ism utik nvetiim and IIN
wnith ltcet (liillfnv took the i hlld in
the nmchlnn to Vli Hlniil llopltl
wheip it was found ihe bo vvns onU
"iiffi r ng fioni minor injuries
How aril lo I'olirr Scrprnnt Who
Took (!ollii From FIiihips
llltle lollle crouched In Ihe corner
of a burning room on the third floor of
n building at I'nrtlelh and I'hertnut
strei Is 'Iwhm the dog tan to n s Imlow
and barked but tonRUen of llnme in
ilnled his ol and drove him bsik
Into the room irv went up (loin
thnsp in the streei
lirnlli seemed icitnlii fnr the little
pnllie. wbn n man appeiieil In thp
llHiiung doorwnv of the rooti
terror
I him
quliklv nnd then Willi gnat ilUHiulu
groped bis wnv tn llm street The inllln
wns illghtlv slnepd, but otherwise un
liui I
The man was fJerce-int V Ihain M
."mil or the Tlilrtj-fnoiul slrei i nnd
Wrmdlinil iivenue tiollie station Wonl
of thp resi up rp.n lied the Atnerh in Vnt
Willi a medal for bis brave deed. j , r
The presentation will bo made by 1
ilnbert It Lokhii presldi lit of theinr
ganlrat on nt the society's headquarters
31 ."nuth KlKhteenth street
j
(.apt. (.. W. Klkitt, Jr., Hit) Fsrm
t'aptain lieorce W Klklns, .Ir.lof
Philadelphia nnd Ogontr. has purchased
th t'urwen .Shelmlre farms of more
than I2S liens tint far frnm thn
Bet in v res section The prlcp has not
bun made public ;
STUUCTURAI. I) K A 1' TSMEN,
first-class delallcrs and check
era wanted; permanent position.
Transportation paid.
PORCUPINE COMPANY
Ilridgcport, Conn.
iiliin of (Ja. Will Herover
Uarrv Mnhlnil twentv si venrs
lolil IM I Soiuli lweni fouilh Hreel
w is nen nine b g is v Utlo flxl.ig n leak
in Ihe kit' hen pipes this morning lie
was IPAen to thn PoHilinn Hospital
while tin due tors fav hi wii' neovei
WALTER'S
, tow nrun;
Monl.il to ih. city
S.E.Cor.U &Arcb
On dlnmondu,
waff he., Jew fir t of I
nv icnnclM nrtalnt l
.'nllinltftl capltnl.
R73
PENN
NATIONAL BANK
t otnpttnllers Call. Mnicb t 1910
ASSKTS
Immediately Available:
Cash & Reserve. $1,739,G16.(U
I'xchanRes for
Clearing Housp 188,53G.0I
Due fiom Cone-
spondents .. . Glo,027.03
Klifjjblo Paper
Discountable tn
Federal Up.
serve Hank .. 6,282, 120.61
Liberty Bonds
and Certificates 1.834,803.90
$13,656,276.88
LIABILITIES
t'apltsl f-trek
Surplus a n d
f n d I v Ided
Profits net $917.71? 1.1
Unearned Ills
count . 27.2S0 38
circulation .
Deposits . ... ,
Dills Pavnbln
Tn-ments on Annum of
fourth Llbertv Loan
ji-.nn ooo oo
1SI.19S fil
n: 900 on
S 704.211 S7
2,170 000 00
I 081,1.17 00
$13,656,276.88
Sin.fifiii.T.'ii.in
ill r 'n "d Discounts:
Duo within 30
. davs $985,900.29
Due 30 to 90
days 524,034.40
Due after 90 davs 2,007,307.53
United States and
other Honds.. 987,773.24
Bankinpr House.. 280.000.00
$1.),M.,769.G5
UAMIUTIES
Deposits 5I0,907,0C0.3G
Duo Fcdetal Re
serve Hank ..
Circulation
Capital Stock
atid Profits...
"AI.W TM
1,110,835.00
50,000.00
3,377,874.29
$15,415,769.6.-1
COMMKltriM."
W. 11. VV.VH1I, Cn.liler
Tilarket at Seventh
t!7 nvwirmn, irAAn III-
Ca.hl'.r. IP ..1
GIRARD
NATIONAL BANK
PHILADELPHIA
Mntemenl of innilltlon nt the ele.e of buslnrss M.rrh i.
RESOURCES
lom
l.osns and Investmen
xccrucil Jntcres
Vcceptances nnd Letters rf i rulit
Lxibangi! fnr flearlug Hnus
Dun from Hanks
ish and Reserve
, , LIABILITIES
apltal
Surplus ami Net Profits
Discount Collected, but Not Cirned
lleserve for Taxes
t'licultttloti .
Aci eptances and Letters nf I'tedlt
Hills Pijable duo Kcderal Heserve Hank
Deposits
$71 R77.273 09
.2S.SS1 73
n.89.705 7
2,474,176 60
12.8S9.242.7S
I..469.193.17
$99,493,684.00
$.'.ooo,ooo on
. i. nofi.scr, B4
. . . .144,'lJO.ils
144,118 61
. I 0li, .'00 0ft-
. 6 889,706 7
. 13 000,000 00
70 778,003.18
IOM.1'11 t.NK. .Ill
Ktan nandnlpli, Ice I'res. A, laslilrr
M. I'lrktoril. A. t. Cashier
$99,493,084.00
, President
Alfred llsrrntt. t. Canhler
ll.vlil 1. Xlvers, sst. Cashier
lX('l
IMnlel llnngli
Kndmun I. tirlsrnni
VV. freilrrlrk "-njilfr
Ilnh.rt rnhinil
Wm. enbnlii I.It
jdiiii lirllilie
Waller I. Irenili, Xsslstant (ashler
DIRECTORS
I. IIDI.VI.s, f hulrniin nf tlie IWiar.l
Cninrls II. Hretrs, Jr. Vrlluir . Vlnrtnn
Win, W. Trailer. r. William 4 1 Turner
t.eorire ll Ilosenirarten . .1. I uuntr
Insenli WaTne, Jr. Wm. P. Ilnrha
I in ii ltnnilnlr.li Wnltrr . llinmsnn
Vlnrrls II. Ilneklus
" mru
4
rl
H
FRANKLIN f
NATIONAL BANK
Chestnut Street West of Broad
174rW5jwicnvawyB
The Market Street
National Bank
OF
Philadelphia
Loans nnd
C ustniners
Marrli Ith, 1919
RESOURCES
'"jeMm'-nts $16,703,312 19
Llabllltv u n ri e i
Conunerclnl Letters of Credit
unit Acceptances . . 19(51823 78
Due from Hanks . 028 70" 1
Lxchanges for Clearing Houn 617.'ii;ii
taah and Reserve 1.814. 810.31
$23,989,665.71
LIABILITIES
Capital Stock $1,000,000 00
Surplus and Net rrotlu .. . 1,738 cr.i 14
Circulation .. ...... 693,600 00
Commercial Lettem of Credit
and Acceptances 1 964 R"1 7R
Liabilities for Rediscounts with "'"- "
Kcderal Reserve Hank.... C68.00OOO
Dllla Payable. Federal Reservo U0B'UUUU
H"",?" 3,781,000 00
Deiioslts .14,239,680 71
$23,989,665.71
FRED F. SPELLISSY, Cashier
Philadelphia, March 4th. 1919.
RESOURCES
Loans and Discounts $53,078,951.t$4
Liability under Letters of Credit and Accentances fil a 1Q aa
Interest Earned Uncollected 93 904,56
j Due from Banks Il,40lil43i84
, Cash and Reservo fi.371 .3aa.nK
Exchanges for Clearing House 2,860,455.85
$74,626,185.38
LIABILITIES
Capital $l,00O,00d.Op
Surplus 4,000,000.00
501,775.35
181,989.10
174,650.49
815,396.44
"
Undivided Profits
Reserved for Taxes
Discount and Interest Unearned
Letters of Credit and Acceptances
Bills Payable at Federal Reserve Banlt Secured by
Government Obligations 8,500,000.00
Deposits . 59,452,374.00
$74,626,185.38
J. R. MCALLISTER, Pre.ldent.
J. A. rtAnnlR. Jr.. Vlee-Freildent. K. K. HIUEI.ns. Aitt. Caihler. i
. WM. UA11DT, Ca.hl.r w. M. 4JK1IXMNN, Jr., At. CaihlM
M. n. RniMIOI.n, Assistant Cashier v-aimw
DIRECTORS
Camael T. Ilodlne J. Andrew. Ilarrln, Jr.
Henry Tarnall Jnhn Hampton Darnel
J. nntberford MeAUIiter .Morris I. Clothier
Frederick I.. Rally '. '. Packard
Krflntlmm II. Morrl. Diarltnn Tarnall
I'ercj C. Madeira XV. IV. Atterbnry
Fourth Street
National Bank
Philadelphia, March 4, 1919.
RESOURCES
Loans and Discounts . $04, 148,422. 82 '
Customers' Liability under Letters of Credit and ,
Acceptances 2,190,990.56
Due from Banks 12,511,304.18
Exchanges for Clearing House 2,201,312.52
Cash arid Reserve 7,489,769.95
Acceptances of Other Banks Bought 2,100,000.00
$90,641. 800103
Kile.r C. Feltntj
KiliTan F. Realo .
Daniel II. Went
Arthur VV. He wall
Joseph Moore, Jr.
1 ewl. T I1IU
J.T Coolie '
-XI
FOREIGN EXCHANGE IN ALL ITS BRANCHES
THE
roi'MM.n ish
AulcanitePortland finENrfi.
YHIUDELPHU FEWfJRlvJ0ST0N
!i Cninrtd MariAtial RatiiV
DELAWARE wiiuauwuiifuuA
dredging co. , oi riiiiaoeipnia
AT FRANKFORD
PHILADELPHIA. P.s.
ftr.
THE BALDWIN
Locomotive. Works
BKVEliXlT5 Inn wd truekii for rale.
The Katilw lii IO,oiiiolan Wurku, Sun
K l.esrt .Irp.t
Steam and Gasoline
LOCOMOTIVES
Philadelphia, Pa.
I
410 COLONIAL TRUST CO. BLDG. ,
IJTH AND MARKET STREETS ! At the Llose of business March th. 1919
RESOURCES '
Loans and Investments.. . ,i, 663,313.20 I
Tnlted' States Bonds . 686.500.00 j
U. S. Treasury CertLlcates. 700,000.00
fsji.A 4 xMni Tliant. 4 ------
The National Bank
of Germantown
PHILADELPHIA'
.March 4, 1913
LIABILITIES
Why ujo
Elastic Compound
Rust-Proof Water-Proof
Acid-Proof '
It will stay on Galvanized Iron.
It stops white lead from chulklnr.
It mops colors from fadintr.
It won't crack or peel from any
surface, inland or at the tea.hore.
The most wonderful thinner and
drier for paints ever produced.
Phoro Belmont 1070. Get our booklet
Elastic Compound Paint Co.
61J1 Her. haw St.. rhlla.. ra.
RESOURCES
JG,:06,635 s:
. ,. 346 374.37
fjan. and Investments
Due from Hanks
Cash and Reserve 1,013,909.6
Due from Banks 376,903.76 j
Cash and Reserve 925,106.15
$7,566,819.51
$7,352,323.11
LIABILITIES
Capital Stock 1280,000 00
Surplus and-Net Profits.... 772,193 1V
Reserved for Taxes 15,000.00
Circulation , ,. v,'.,. .,... . , H0.600 00
Deposits 6, 144,631. 00
$7,352,323.11
FRANK AD3HEAD, Cashier, .
LIABILITIES
Capital Stock 6200,000 00
Surplus and Net Profits... 655,790.66
Unearned Discount . .. .38,034.13
Circulation 136,500 00
Deposits .. . 5,623,383.73
Due Federal lleseive Hank,
Loan on Government
Securities , 86P.00O.00
Capital Stock
Surplus and Profits
Reserved for Taxes
Circulation '.
Letters of Credit Issued to Customers suid
Acceptances .....-
Deposits
Due Federal Reserve Bank, Loan on Government
Securities v, . . ,
Acceptances of Other Banks Sold
$3,000,000.00
7.51G.419.99
140,000.00
493,400.00
2,197,551.51
66,194,428.53
9,000,000.00,
.tuu.uuu.uu
$90,641,800.03
rcviJiv loitvi.oF noMKvnr m rnitr.iGN iivmu.no
LNEXrpi.I.FI) r.VUMTIBH
K. r. MI.VMlVlKK.lt. I-reklilrnt
It. J rnif. Vlre.Pre anil C.ihter H". A, IIUI hf.F.Y. Ae.t fa.liler
1 ', K. OVItlir. V lce.pr,.dent ' '. V. XII v . JK . A.. I fishier
ll. It, IIUVII'liKI.VS. Vice-President ARTHIK .viaeMt IIOI I.. Ant Cashier
J7,566,8t.5l
JOHN 0, KNOX, Cashier. .
ia.-t .,..L - - 14-4W4 W K'-" Mr" A
frank r rrrKito.s
WILLIAM A IIH-lv
vv n Ntraoi.HOV
FRANCIS I ClOVVEV
B V, SHANnAfKER
JAMKH Ml VVILLCOV
WILLUil a KllAFrr
DIRECTORS
,HIISBT V TVf.K.n Clwlrnian
HIANK U HOOKRS I
okoiiof: k ioiishon-
.KIHl:i'lt K. VVIIlKNhll
HARR-Y A, BEnVVIND
WILLIAM M POTTS ,
11 Bona k dallAh nniON
JO.N'ATUAN C. MCFF
I
iar v nvviEt.
A K NKVVnOI.ri JR.
HEX!!!? DU POVT
ISAAC II CLOTHIER. JR.
niJonflK F TYLKR
AV. AVKKELL HAHItlMAN
yc
National Banlc
Third and Arch Streets
A Commercial Convenience in a Commercial Community
Statement .March 4, 1913.
RESOURCES
Loans and Investments
Due from B-inks
KvclmtiKes for the I'teatlnc House.
I'ustomera Llabllltv on Account
Lxecuted bv this Hank
Cash and lleserve .
of "Acceptances '
$11,511 IOC 36
1.6SB 198 77
buj.uuil -I
45.543.63
1.718,779.16
LIABILITIES
IS,JDI,138.1S
8500,
vooo,ao
Capital
5i,rnlii anH ,l PrnSItt .. . Al'ifIA4)tt
I'nearncd Discount '. , . 77.053 16 Cfl.lBS 00
Amount Reserved for Tates . .. 313,979,11
Circulation 460,797 60
Aceptances llieeuted for Cintomers 45,643 63
U1IU l'a.vable with l'ederal llesrrvp Hank 3,535,0(10 00
Hills Udlonintl with Federal Reserve HnnU 186.U0O.O0
War Loan Deposit 070.350 on
I)f.olt . 13,298,19,2,89 12-.968.442 89
118,301,736.13
OFFirF.n'.t J. R MerilT.I.nrn. President
HJ.NATIL'S J. ROMAN, Mf President
iocw N. stiei nr nciFjt. o. ptuart vviiite
re I'reklilent anil T.shler As.t. ra.hler
KAMUKL rWII'HCLL miOIEHH K HAIKLAllll.
Aast. C.ihter A.ilstant rnslib-r
IJIRKCTORSi W. II, Cni'FNTFU, ChsUtu.o of the Hoard
l,i,.ilii.J llAhi. Jiil.n l ItMrlln hitnu. I.. lunills
trials hnieinrrxer iiui.ii.weinerinana
VV in.VlrAdno.Jr. jonainan Jena.
Nathan T.I olnell rharles J.I lark
tlrnrr II llrlon.4r. HrnryM.MeAUoo
orm.n K C'oDdrrmnn
llnrarM T.l'fltta
ll.nr. F. Vlllrli.il
h KVIariln
J.S.MctulIQrU
a
.a
H'
tt Ail
.li.
&M
l
S.i.'
."6"
VV'
K
m J.S.MctullQrh tlrnrr II llarlonJr. HrnrjrM.MeAUoo IM
36. a orm.n K C'oDdrrmnn jLB,
Jm ' 1
f . tNr x s , , t - r t
vi
a
Zv-Wi ,?J -&&'&
j ', AuL' jJtV-e -" ' ,." "A $r i ' ' V- tf' VAt 'Jiv j V
r f
V
t0
.....