wt" r-vmyVfwiYiqipmw? -wimpr v iBflfrT inmwtp "wwifwisfj ! :,; 'dUtfterafw..tfc : je - -: f w,o& v r V v ? ,. . iJ WMhftigw iagea:-: , ' Wr5aiSR : C '.J1 I ' ll ' ' " j .ri... ' ' -.J- . as Jp.tir-t f tv tfcvrls$ue. 125,000 Stas ) Brbols Steamship Cbiporatioh (Incqrpdrated In Delaware). l CAPITALIZATION (upon completion of prctent financing) ' ( ....,.... I Authorized Capital stock (No-Par Value) 500,000 Shares 6 Mortjaio (to the U. Si Shipping Board) $3,750,000 --TrwfrAgnti W ' . RegUtrt Tbe Equitable Trust Company of New York Guaranty Trust C6mpany of New York To be presently issued 185,000 Shares. A letter from F Bradley Cox, Vice-President in, charge d operations.' to vhich tifaence ibmo'de. it summarized as follovt: ' - KUAUS K HA h NEEDS7IS CHARGE r ' Purpose Is to Enlist Greater Moasuro of.Public Sympathyf Says'Banker Business : Brook Steamship Corporation was organized in March, 1919 and sinco that time has been engaged tn operating steamships forthe account of Nacirema Steamship Corporation in trarrs-Allantic trade routes, European coastal and cross, channel traffic. It has developed an extensive. organization for chartering and handling steamship freights; with offices in New Y6rk, New Orleans, London and J Buenos Aires and chartering agencies in Baltimore, Philadelphia, Rotterdam, Amsterdam, Helsingfors, navrc rniDurg. wanzig ana in me leaaing snipping centers or the West Iridic and South Amerii rica. Property: The Company has .now arranged to purchase the vessels 'heretofore operated by it together with two additional vessels, comprising in all 25 steamships with an aggregate deadweight tonnage of approxi mately 1 15.000 tons. Sixteen of the ships are of the Supple-Ballin type, (composite steel and wooden - " construction) and nine of the Daugherty type (wooden construction). All of the vessels, are classed Al or ten years in Lloyds andor American Bureau of Shipping, and the' actual 'experience of the , ; Company, in i their operation on voyages averaging 10.000 miles has demonstrated their stability and i soundness of construction. - . ' " Upon, the completion of the present financing the Company will own the entire fleet of 25 vessels, free and clear of . all indebtedness, except a mortgage to the United States .Shipping Board for , $3,750,000 bearing interest at 5, and will also have a cash working capital of approximately ,$1,000,000 and accounts receivable in excess of $750,000. i Earnings: The net earnings from the operation or 23 of the above ships for an average five months" peTiod. before depreciation and taxes, amounted to $1,775,000. On the same basis, had the entire 25 ships to be acquired, been in operation during the past twelve months, the net earnings would have been $4,625,000.' . ,. i - Allowing for an appreciable reduction in rates, the estimated annual 'net earnings before depreciation cr.d , V taxes are between $3,200,000 and $4.Q0O 000. an amount equal-tofrom $ 16 -to $20 a,shre on ' . 165.000 shares. This amount, less depreciation and taxes.' will 'be 'aVailable 'to meet the interest and """ , . , instalments of, principal on the. mortgage, for dividends and for extension of, the Company's business. ,!"' " '- .. We are advised lhat 'application will be made to list, this stock on the New York Stock. ' Exchange. is. n ' r. ,! - As large part of the above stock having been sold or withdrawn, we offer the unsold balance, reserving, the right to rejectany and alrapplications. and. also many case tcallot a smaller' "amount than applied for., ' PRICE $25 PER SHARE Deliverable, when. s and if issued and acceptrd by us., V R:C. M EG ARGEL & CO. Syndicate Managers if Pine Street, New York 'Tn)"rbfe Informxtlnn atid Btallntlcs are not Kjuaraotecd. butyV bcllere tbeto to bp trtntit. New York Bonds (SALES IN 11008 The Service We Render IX. WE hive outlined 'to'Vou a number of the important features of our service. Now let us tell you a little about ourselves. OUR organization is the only one of its type in this tountry. Our work is exclus ively' advisory; we neither buy nor sell securities, nor do we act'as brokers or in vestment dealers or handle funds of clients in any , way. We have no alliances, financial or other. OUR-clients number upwards of 10,000, and include the largest banks, trust com- E antes, insurance companies, etc., in the fnited States and Canada as well as several thousand smaller banks, alUthe representa tive banking houses and investment dealers, bond and stock houses, trustees of estates and thousands of individual investors. CERTAINLY, an institution of-this scope- and character should interest you. We hope that you will not delay longer your decision to come with us. Next week will close this series of announcements for the present. MOODY'S iNySTORS SERVICE JOHN MOODY. Prutitt , 35 Nassau Street Dept. 21 New York City I! Ml, Locust 633'.:. 6333-533 , Uejitone. Hace 2850.2851 " WARREN A. TYSON , and '. C. ROSS MORRELL are now associated with STROUD & CO a Members of Philadelphia Stock Exchange 1429 Walnut Street (2d Hoar) May 11th. 1920. Brooks Steamship Corp. Stock 25 Steamships Aggregating 115,000 Tons Dead Weight DIRECTORS: Amos D. Carver, Pierpont V. Davis, F. Bradley Cox. B. T. Nolan. J. Markham'MarahaJl and Sheppard G. Schermerhorn. j SUBSCRIPTIONS to the no par value Capital stock received subject to allotment at $25 per share. EARNINGS, present 'basis? stock expected to pay $4 per share annually. MARKET, to be traded in on the New York Curb, appli cation later to list on New York Stock. Exchange. Full particular on requmt Champ G. .Brown & Co. Mtmbtr's Philo, Stock Exchange Real Estate Trust Building, Philadelphia "U-lfUbert 4011 K.Tilone Baca tfllo 3 r- A J-- ? j- Excelsior Trust Company ' Germantown and tchigh Avenues l Philadelphia, May Fourth, 1920 RESOURCES Loans and Inestnient ..-,?. $2,042,396.93 Banking Hoifse and Fixtures 49,842.00 Cash and Reserve A . 916.003.77 $3,608,242.70 ' LIABILITIES Capital $300,000.00 Surplus and Profits, : 131,344.80 Reserve Against Depreciation 42,000.00 Dividend No. 34 9,000.00 t Deposits 3,115,898.40 $3,'60$,242.70 Francii W. Price, Preridept E. P. Balderiton, Treasurer , In the Investment of Your Funds it b important to consider the splendid opportunities offered to discerning investors in Preferred Stocks'issued by well-established Man' '.cruring companies, earning several times dividend requirement. Prevailing rates assure you a satisfactory income, and ' your funds are actively, employed .in the expansion of our industrial development. iVe htve a carefully Selected Liit . ef 'PREFERRED STOCKS yielding 80 tehilh we ran recommend to the most conservative investor. Ask for Booklet .Vo. r. r.-L..3S7 I BOSTON NEWARK SmiKOriELD J. '. . -- '' . i i i HollistenWlute &-(?o. lNCoa0?D North American Building PHILADELPHIA NEW YORK rROVlDENCE, riTTSHELD PORTLAND An Investment banker In thbi city Is of tbe opinion that the railroads arc ex aggeratlng their condition and their needfl to (nllat a' greater isenBure of public sympathy und support from n moral utandpolnt. llf mnlntatiiM that a good deal of this fxacgeratlon h pub lished in regard to the rnr hhort6gc situation, which he clalmi is not any- nhcro near so acute as tho nubile Is led to believe. Then lie said the refund- lue ncccsparv for two enr to rnmt will not be autre than betueeu .r00, 000,000 and $600,000,000. Even if the ronds should be compelled to pay nn additional 1 or '-' per cent for such a doani he said, the amount repre sented would be a drop In tho bucket compared uith the earnings. k , There was some talk tu hood houses of an Issue of bonds or notei by the L'nlon Pacifie Railroad Co . but lead ing houses, which make railroad securi ties their specialty, denied nnv knowl edge of such -an Issue, nlthough some said one was expected. A partner of one of thee concerns said that if such financing were totakd place it would certalnl originate Afith Kuhn, tocb & Co . Jfpw York, but Up to the present hi house, he said, had not even .been approached on the sub ject. Notwithstanding all this, there, were po'lthe statements made by the rcprc 8entuthou of some boDd concerns that a Union Pacific i&suo was being sold here, and one large financial Institu tion was mentioned as hniug soiil It bad made its purchase a week ago. Conservative brokernce houses are advising their customers tliht the rail road list prcseutt, tne safest cuturo nt present. ' Ono broker said that he is of that opinion, but would qualify it by a res ervation as to that unknown quantity tho valuation which the lut"rs,tate Com mence Commission will place on the roads. At the prc&edt time, he raid, the total of railroad tecurltles at pirsent market prices is around $12,000,000,000. but anyone who has ghen the tubject even a cursory study will ackuowledgo the re placement value of the roads' and equip ment, terminals, etc.. i, littlg, if any, short of $40,000,000)00. and the gen eral impression is that the commission will in all probability consider $20,. 000,000,000 as a fair basis, ou which to grant rate increases If this figuro oi a grcatrr sum is de cided upon, ho said, then ho would strongly recommend rollroad" securities aa a safe and profitable in cstment prop osition. i Tho senior partner of a well-known banking'and brokerage house said that ho bad recently received some letters which indicated tbnt the woul "broker" as used by the newspapers is mis leading. When a broker or broke'rs ore men tioned, be said, people concludethat a Stock broker is meant and nil the sins and profiteering by sugar brokers, or potato brokers, or any other species of broker, is placed to the account of tho stock broker, who has (troubles enough of his own without bearing the obloquy of all tbe others. Ho said bo hoped the newspapers In thesis times of war on profiteering would distinguish between brokers, es pecially between the stock and tbo sugar brokers. The manager of the local office of a prominent New Xork banking and in vestment bouse when asked if he had any information of new financing being dona by the Union Pacific said he bad just had bis New York houso on the phono trying to get information along the some lines, und the reply hn received nds that everything said on the subject in the street was pure guesswork. When it comes, ho said, it will bo for equip ments, but no one has anything author itative atwut it yet. Asked' if he agreed with another banker who earlier in tho day had ex pressed hinvclf as of the opinion that the rnllroads were exaggerating their condition, especially as regards equip ments, to impress tho public, hn sold, that the'condltion of tho roads was too well known for any ono to entertain such an idea. "It is too serious a matter," he said. "The whole country is suffering from tho shortage of equipment to move freight to markets, and enormous quantities arc being ruined by poor storage accommodations in tho absence f cars to, move the stuff to the market.'" "It is also well known, be said, that experts have gone into the sltuutiou thorojichlv and lime decider) tl,nt inn . 000 freight', 3000 passenger, 1000 bag- ignge cars mid 2000 locomotiveb aie needed at once. It-is n6 plcasuic for J the -officials of the loads to be coin- ! pelted to pay S or 0 per cent for tho i money needed to supply these equip ments, and if they could get out of it l they certainly w ould. ' In fact, there arc several lustancea wbero certain roads needing equipment 1 badly could not raise the necessary funds in any form unless they receive .assistance from the gowymneu't. I I As an aftermath of a luncheon given bv John II Mason, president of tho Commercial Trust? Co , beforu he sailed for Europe, when leadiug bankers and exporters of tho city met to discuss the establishment of n foreign bank under the provisions of the Edge law, it was i stated jestcrdoy that tho Pirst Pedernl nuiiMUK asMH.-iuiinu. now ocing tormnl under the co operative auspices 0( n strong group of banks uud manufac turers iu this ctaintrv. had selected Arthur II. Titus, uce president of tho National City Buuk of (New York, us presldeut, Thcro was it limited run mint fif tile stock of Hiis first of the Edge banks, baviug a Tederal charter nxailable for Philadelphia which Mr Mason placed in a few minutes. This institution is organized for the purpose of getting facilities ready for extending tjle much -needed form of credit necessary to con duct American business abroad. , MEMBERSHIP DRJvFoPENS Jr.O. U. A. M. Wants Class of, 1000 for Conclave in June Clarjton, N. J., Ma' 11. Councils of the Junior Order of United American Mechanics in South Jersey aro arrang ing for a conclave ou June 30, at which time it is proposed to Initiate it data of 1000 candidates. The various councils of tho order' have nj ready started tbo drive for new members. The place has not yet been announced bv the officers of the grand council, headed by Mayor ,T. Preston Pothr, of Clajton, rts state councilor. Thefprogram is to hnvo nt least twenty ofthe Jr. O. U. A. M, councils in the lower counties recruit flftv or moro'candldates-eaeb for the big lnltl-1 rrorn Ownlnr Until S V, Amer 8melt'ii Si rufln'r Ss 2, ... 7i 1. . . 78 10. ... 7SH A Tl & Tt S 1 ... 7,1 3.. . 78V. A Tel It Tl 0 E .... ni'4 1 91 1 . 03 4 1... . S 10 . .'04 10.. .. 04 An.'rnch 0 .15.. 28 2. 1 28 14 70 r, l. 25 4 1 .1 r 8 l 10. 1 .rr. . 8 trt . PSK . ns' .. osu ns a . 084 . 08 n 18U . 08 Pi 0rt PS', 08' (1S 08i 1)8 4 08', 08i . 08i 08 a t i a i 4 n i 2 t s. n 8 !lli 71U 71'. 71't 71 71 ' 71 '4 71 '4 AKh T a t ev 4 2 . OO'i A T AS 1V h. 3. . 03'i 1 ..I 04 1 . 014 Ateh TSl'j E Okla Dv 4t 3. .. 84 Atl poast I.. 4k xl. . 7Z4 Bait & Obln cv 1 . . BO'i 1 . J0, 1 . 80 D Ohio a Ha I .. so 1 . 8014 Bait fc Ohio 84 I .-. ll'i 3 .. MN 1.. .. B0. Bait OhW 1 . Slj 1 88 1 .... 8D', D 4 O P L. c. b W Va 8 4 4 .... B.Tii .1. . M'4 n 4. o a w n Rallwiy SW 4 . . 60 1 .. 6S4 10. . 08V Beth Steel a 1 .... 34'j Uetb b'teel td 1 . '711 Cant o( Ga Cj 1 . SS Cent Pac lets 1 6 4 . 6S' 1 aw 1 0t 10. . 05', cent'i n n or New J Bs : ni 1 01 I Cbea . O 4'4 r , mi A..... -. 1 ,.70 1. .. CO', C ti O cv 44 M D can 5 '21 1 07 '1 D of Can "21 80' D of Can '20 2 . 01 .1 01 1 . 01 D of Can '.11 B 89 'i 1 88 i Dnm Kep'n 5f 2 86. Crl II II cv A 8 33 '4 nrlo Jill cv D I 37 8 37 u Hrlo R n 48 1 . 80 10 50 2 SO 1 . 10 dene' I H!o ) 1 . 07 'i 3 07 3 1 07 8 . 07 ,b ... a; G-t N Kly lt - 1.... 70'4 Hud t Man fJ 1. 87 3 Ml? 1 57 Hud Man In B 20 111 Central M 1 01 f. 1 Wi III .ent nH 6 85 4 III Steel 44 (.V. V. Time), 8 Imp , 3 3 . ! 1 to 10 8. r. 18 . Imp , 1 24 8 3 48 1 1 . 1 Imp 10. 12 n 74 civ nt . 70 . 701 70' 70S 7fli . 70'1 . 70', . 70 '4 70', 78 70 , Qv 2nrt .. 78l 75 U . 78, . 78', 78 , 78'4 . 7.1 , 78 4 784 I Ov 4e , . r.n'. 5'1'i , 80'j, 8T, 81 00 80 '4 . . 80', . CO . CO '4 no 00 004 flOU 101U 101H 101'i 101 lots 101 u 101 U 101H 101H 101H 101H 101H 101' 101S 101H 10IH 101 1014 101 '4 ion, 101'4 101'. 101s 101 101', mm 101s 101 , ioi't ioi't 1U1U 101 . 101s 101s 10l, .mi1. 3 . 101 5 I. 101 rer Mara at 1 ' publlo M Corp of N .' M 3 Readme 8 17 lo--r. nflillna Cent l;oi ii 1 . . 80 1 ..80 Republic of C 8e or '04 2 01 6 no. Republic C 4's 10 T.-1-4 8ILXI M l 1 00 5 L B t r J ,in 14 1 4 b 1. 4. 8 10 3. 2 1 n' 6 3 B 10 10 10 T 8 10 I IT . 19 oo Tt 4a 70 70 '4 784 70', 704 Cu J JOINT EQUIPMENT ISSUE Union and Southern Paolfie to Guarantee $20,000,000 Trust Bonds New York, May 11 A Btlbalnlury company, tho Muck of wlilclr Is owned Jointly by tho Union Pacific and tlio So'utliern Pacific companies, lika sold to a banking Bndlcate. beaded by Kuhn, Loeb & Co, 20.000,000 of equipment trust bonds It la expected that official announcement of the Issue will bo made within forty-eight hourn Tho name of the subuldlnry rould not bo nsfTtnlned Hi ban Id tiff circle, but thn only company In lilcli tbe two former Hnrrfman roads conllliuo to hae a. Joint fiilerept ap pears to be the. Pnrlflc Kiult Uxpreps Co Tho Union I'acillo owns $5,100,000 of that company's outstanding stock, and Southern Pacific owns n, llko amount. Urn Issuo being J10.800.000 The new bonds are (o bo Issued under tbo Philadelphia plan, and If present plants are cairlcd out tho coupon rate lll be 7 per cent. That new financing Hs tald to too the first Joint undertak ing In which the I'nton Pacific and the Southern Pacific hne bad a finan cial Interest since late In 1912, when the Supremo Court ordered tho former to bell its Southern Pacific stock Tho I'dciflc Fruit Express Co w-as Incor porated In 1S07 with an authorized capital of $12,000 000 of whirl, $10,800,. 000 woh paid up, owned equally by Union Pacific and Southern Pacific, to nroMde refrlcerator cars under provi sions of the Interstate commerce act tn the absence of official Information, it In aBBiimed that tho new financing Ih to enable the Pacific Fruit Express Com nutiv tn InrrrnAA Itn HiinnK rif rnfrlKerfi- tor "cars the new equipment belntr tlie I erurltf on which the financing In based The fact that the Union Pacific and the Southern Pacific hae a Joint Interest In the company It la expected y add to tho Httract!oncos of tho new financing St 20 10 1 39 4 811 ' 804 S I In I8. 154 10'.. 48'4 13 LONDON STOfJK MARKET 1 ,5 i . Cheerfulness Continued to ProVall,on ft : Exohanfle -industrials Checkered -;! - .. -r . ' i" London, may u. uiieerfulnesa cpn iy tinned to pnalt 011 tlio etoclt' excbang-ofO" today and tho markets gonerally jnoved ' ( 1 upward, although busltesu continued id ,1 .J .Innlf Atllltl j . .. a v " .... 11 Thcro wao light pront-taklngr In 'th' , oil group, Shell Transport 104 and Mexican Kaglea Industrial department waa checkered; Tho Ellt-edgea section was ntronir. Homo rails wero liarrf and fresh sup port waa furnished to Argentlnea. cans, but thero was a disposition to tvatt V ... . .! a. Infn.mnllrtli fiM frt r.r,tirlltlnn tu the republic. !i ' . ; rt r-oWnr at' 1 1 at 9?4fc tJl II ' i t' QOVERNMEN-I Panama coupon 2 Panama reglttered 1036 :. 1030 Panama coupon 2k 1038. Danama fitltterel 2 . 1038 Panam-i coupon 3n 1D01 Panama rerlterd 3s. 1001 Philippine 4a, 1931 .i. Plilllpplue. 4, ins; . I'hlllpnln- la 1930 t' S Oot coupon 2a. lino U 8 OMt reiltred 2a103 t fc fiovt ioupon 4a, 102V V S GoW realitereij 4a, 1P23 DIM of Columbia 3-03, 1021 BONDS ' Hid 10P1 lDl'J .101'i 1014 SO 80 h', SS as lOl'l ioiv; lorn, inii4 07 Aak 102 10J 102 I"-' St 84 Vt I)-, m 102 I".' 1R? ht b 4 S I'ran Series A of 1 1 2 . C & 8 . I 20 20 . 20 . 1 . 3 Chl'o it OSS 03 cv 8e 73 734 734 73 S 73, 73S 73' 73 Alton Char 6s 1. ... SI Chicago R'u i. Oulncy 4s 10.. 1. 25.. 3 n 8 8 1 . 1 niH 04 4 045, P4H op; i)t, 04 04, 04H Chlcato B'n &. Qulncp cm 8 .... 70 1 .... 70 Chicago &-Gt Western 4s 3 . 82lj 1 . . 824 1 . 82 Chicago Mil A ist P cv 44s 1 . 01 1 ..04 4 04 1 . 04 Chicago Mil & ht V td 44i T .. 844 0 . 84 ' 1 814 10 . 044 i hlcago Nth Vat tt 8a 1 0,3 Chicago Rail's (.o Sn . 80 4 -' . 60 . Chicago R Ial 4 Pac fd 2l 02 i 02 4 021. 824 H24 : 03 Chile Cop'r 0i 3 TO - 78 '4 1 101H Chile UupT 7a SO 00 x 10 00', Cliv Rord x 0a 2 87' 1 I. 18 10 8. 10 Ind a tttcel r 83 Inr r Mt 4' 8 13'. 10 . 10 10 15 In i Rap T f'l 2 . . 53' 8 33 , 3 31 0 634 In Agr Cor 3a 12 80 I M Marine lla 1 .. 80S 10 .. pO I 80 Inil Paper Ba 17 . so ; 2 804 Kn criH4 Menap 4s 1 . . 00 linn C 4 S In 0 . 604 ICnn Cy Term nwy 4 a 1 .. 03, 5 03 L, Has Co ot St Loula 6a 3 70 L 5t-M 3 4s 31 1 L Ial R la 02 1 62 Louis to N Is 2 . 714 Manbat EM 4 1 83 Mid h i O fir 8 . .. 80 2 . 80 h. . SO M K C & T Is I . 334 1 .... 334 2 03 'i Mia Pac gm 4 1 ... 0.'4 1 .. 324 S .. . B2, lion' a Powr 6. 1 .. 7DTi 1 .. . 70. New O Tex 4 Mexico 8 2 . 10 0 40 2 40 N Y C A 11 R R R 34 2 03 2 .. 03, 1 01 1 V. NTC1IU R R en 4 1 064 N Y C 4 H R II R 4He 1 .... 70' 2 . 704 N T C II R Ba ot '21 2 074 N Y C & If IV R R 6s 10 1. n 3 63i 634 83W 634 834 33 Vj 834 St L, 4 a Fran Series B 1 4T4 nt t, S Fran Series C 1 .. S24 1 T. . 824 1 .. S2. 2 .. 824 St Taul M S. S St M 4S 7 . 72H Seab'd A aJ; 2 34 4 1 . 314 1 314 St L P W'n 8a 1 62'S So Bell Tel 6s 1 81 B'n Pacific fd 6 00 B'n Pacific la 1 ' 03 B'n Tao cv 4a Liverpool Cotton Liverpool, May 11 Spot cotton uaa quiet today With prices Ftcadv on the basis of an advance of 32 points for middling- at 26 24d. The pales Were 4000 bales. Tlio receipts were ai.uoo bales, Including 24,700 baleB American ru tiires erc dull In the eorly deallnco Spot prices, woro Amerlcjn, middling fair. S2.44U : poon miannng-, jj iaa : runv middling. 28 13d. mlddllnx :C.04d: low middling. 23 Old: good ordlnarj. 21 44d, and ordinary, 19 4 Id . Dldler Mireh Co., Perth Am boy, N J. American Industrial ' Roofing Tile clement tile roofs suffer no depreciation, need no repairs or painting, arc fire-proof and weather-proof. They add a graceful finish to the bulld ingand afford a white ceiling for reflecting light. Themod erate first cost is the only cost. We will guarantee to have the roof finished on schedule time. Write for booklet. AitiDrimn GmentfileMfe&Jt 824 Oliver Building, PitUburgb 50 Church St. 404 Bulletin Hide. hew lork Philadelphia S00 IlrowtiOInn: Dldg. Illnnlngliam p A i $ 1 i! 4 73 S'n Tar cv 3s 3. 03 1 , . 084 S Katlwas la 2. 504 S rUllwaj. 3s 20. . 704 7 704 13 704 8 . . 704 H 704 Standa d ( 4 Elce Co fla 1 88 Third Av R aj 2 23 Third A RR 4s 2 ... 414 1 414 Union Pac fd 03 Union Pac M , 1 ..... 7H' 23 .. . 7H4 3 ..78 Union Pac 0 10 .... 0714 1 ... 07H a ... urn 3 .. or 1 . 074 1 074 UK O B I '21 8 ... 03 1 04 4 1-. ... .0 2 .. 13 IB.. .. 03 8 Ol'i U K O B A I rets of '22 10 . . IU4 1 . 03 I 034 6 . 03 U K O B ft I 4. . . 874 io . . s;4 3 87 I . 87". 1 . S7. 2 87 N T Chi St LD4i 1 03 N Y C 4 H R RR Ii S 34e 1 60 S'TNIUII 4h of '86 Cllv Loni OjN V Rja ci 3. 1 ari B 3 Cm Mara N York State 10 S. 4 Rwys 44s 1 ST 4 I 3 60 City N 44aiN T Tel'a 44s May '67 I 1 754 2 lit V Y Tale' a 6j Parla ' 2 88 V Y W C ft n rets ot 1. 10 1 8 , ?. 6 n 1 1 6 1 1 1 CH 89 4 8114 SO 4 SO', 80' i . SOS, I . 81 , HIM roKlo 3al 614 341- Clev Cln Chi 4 ht I, Kill 4. 11 03 Cle Olii Ohl 4 St L 6s 2 TT. Cons d Ois "a J iftow Copenh n 1 R 44s 3 3ft 3 30 .Vorfk & W 4a 1 ., Cfti 10 11 Cuban 1 1 40 1 5 78 4 73 4 75 4 S iv 07 4 07 4 ,07' n;ij 07 I 09 1 084 1 08 6 67 4 08 S W cvn 0 00', In O'l 4 ,2 00, 'I oo 1 oo 0 06 N" n I'aclflo 1 6 80 5 60 Org-Waah'n 4s 1 M Pa II gin 4 4s 2 73 4 1 734 1 73 4 penna R R 6s ', 834 Ron 4 It Od fd 6 434 Den ti R () 4i S 30 4 10 I 8 Peniia U 8 3 83 S3 4 834 v I 7s 101 1014 01 20 01 ni4 004 01 004 01 OO. 004 oo 00 4 U K G B I 37 834 85 4 8(L- 854 SO 834 83 4 80 0 U S MtJtlco ',. 80 314 10 33 4 U S RealU 6a 1 St. 2 M4 4 814 8 81 U S Rubb'r 3s 2 SO 61 804 U S Rubb r 7 3 1004 U S Eeel M . 03 0J4 03 02 4 0J-. 03 02 4 02 I' 2 4 024 !'.'4 024 Peoples Trust Company of Philadelphia Northeast Corner Twelfth and Arch Streets Condensed Statement Showing Condition at tho, Close of Business May 4th, 1920 ASSETS, Loans and Investments $2,298,027.61 U. S. Liberty Bonds 337.253.80 Other Bonds (Listed Securities) 423,672.52 U. S. Treasury Certificates 21 2,500.00 Real Estate, 12th and Aich Streets (Assessed Value) 425,000.00 Furniture and Fixtures 24,363.29 Cash and Reserve 491,865.56 $4,212,682.78 LIABILITIES Capital Stock $634,450.00 Surplus 75.000.00 Undivided Profits ' 26,000.00 Current Undivided Profits 23,541.13 Bills Payable ..... 450,000.00 Deposits . . 3,003,691.65 .$4,212,682.78 GEORGE C. BOWKER, President HARRISON C. REA JOSEPH H. RUBIN Vice President Vice President WILLIAM B. VROOMAN, Secretary and Treasurer i 1 5 U: f a 1 i o 1 8 0 1 8 1 10 I II 1 Wabaeh R I it 3 83 I 3 83 ,1 8J We. In Uleo Sa 1 04 West n M rt 4s 1 30 I Wllaon Co 1st 1 3 Wllsuu 1 88, 88 4 884 8l4 884 Co cv 87 4 , S7 4 'IIHHIIIIHIll Continental Equitable 'Title a w Trust Company Twelfth above Chestnut, Philadelphia $i,ooo,ooa r......... $1,000,000 Deposits StatemeRt May 1, 1920 ASSETS Capital Surplus Over $10,000,000 Loans on Collateral . .. J8.281 27J.01 Stocks and Bonds . . . ; 701 236 g; United States certlflcviteB of Indebtedneeo and Llbertv Bonds ...... .1 370.fiS9 S3 MortBIBM .... ,1 1,91,689 00 Cash on Hand, tn Banlta and Rescno Securities 1 539 1S5 b8 Tleal Estato ,k 18 S16 0" Accrued Interest .v . . ,11 154 17 Furniture and Fixtures ilncludlng- Sdfo Deposit .Boxes) lb. 17,.' 44 Mit-cellaneouE 15 7G4 "3 Capital Stock Surplus . . . . L"ndllded Protlts fontlnigent Resenen Dlldends Unpaid ... Reserved for Taxes . Bills Payable , Deposits . ... MlbcfllineoU3 LIABILITIES 13,697,032.90 ji 000,00000 1 oou.ooo 00 260.580.81 100,000 ()0 75 50 .'3.551 09 .100 000 00 10 195.051 11 17 !"4 39 OFFICERS $13,097,032.90 ,inilN r, RKKIJ.'V. President .h.ki;miii j. Mi,i,n..s, w I'reient .IOIIN M. rMrni'.UL. Mce lrelunt JOHN K. tllsTI.I) Vice President JOHN A. l.lllllM:i. hrerrtur) und Tre iMirer ttM lll T. SMITH. ,Mltnnt Seo relnry anil Irniturrr DIRECTORS Isiaea . Flaliertv lloward II. French uniin .,. iienuer.on A e I - hnlataot ILLI AM .1 nTZP.VTRICIi JOHN 1". .Mc.MbNAIl-Treanurer lir.NRI r. S1IT7EM,. Triikt nni... Vn'M.V,,1.'11"' T''i m"r JOIKI'll 1UI.UIN. Heal Kt Offleer nnOM.N 4 WILLIAMS. Cotins.1 Wal.on K Mrolt v:iwrri V lle.ile Mfred.K. Hurk John M. Campbell .Inuifk M 1Mb Tlinmua Uelln ( lurlft. ( . Ilruedlnc Hrn r. I-ouahlln William .1. Mrlillnn Peter F. MoMan, J. It. John V. Skellr .teremlah piilllmn ;epli C, Trainer ulirey Wefahtmun In Jewell Williams Liberty 3;R Liberty 1st Is Liberty 2u 4 Liberty 1st I'js. , Liberty 21 448.. Liberty d 4(s Liberty 4ti l,s Vio Notes 3b , m S3.30 SS.34 so.no S5.8S 80.1 tt S5.S0 (HJ.OO (N T time) 1 1.1 p. 111 ni jv 8.'i 30 S5..14 80.32 83 H4 80.10 83.72 03.00 Low 01 30 85.30 83.14 80.40 83 14 80.00 S3.54 05.01 No Change in Refined Sugar N York. Mas' 11, Apart from nn ndwinco ot 1 cent a pound In tlio price of the refined product by tho National Sugar nefllilflB Co.. to 19 cents, the refined sugar liiarkst remains practi cally unchnged. Tha. Warner and the . Federal companies aro. still withdrawn, f T&rttwrnarltreraaJnB quiet, t . 1 a -A. U. S. Liberty Bonds ? All Issues Bought and $oId $50 $100 $500 $1000 Graham. Parsons &Ox 435 CHESTNUT STREET Phillfl.ph a.- J r i ft,'' 71 f i n :WH:& ' 4 S 4 i .& fcitvf a , f n ' . ir r. i'w: .'.'t r ' !"' " ..WlU'.fc tr. T
Significant historical Pennsylvania newspapers