6 HARRISBURG TELEGRAPH Established lis' PUBLISHED BY THI TKI.KGR APH PRISTIITO CO. T.. S. STACKPOLB Prnidtmt mi Edittr-in-Chitf W. R. OTSTER Stertiary OUS M. STETNMBTZ Monotint Editor Pub!fWh«tJ rvwrr evening (except Sun -4*7) at th« Telegraph Building, :i| Federal Square. Both phone*. Member American Newspaper Publish ers' Association. Audit Bnreau of CtecntatloTi and Pennsylvania Associ ated r> allies. ■astern Office. Fifth Avenue Bulldlnr, New York City, Hasbrook, Story ic Brooks. Western Office, Advertising Building, Chicago. 111., Allen & Ward. , Delivered by carriers »t at®fcT3rtr- *l* cents * week. "Wi Hailed to subscribers At ft,oo a year In advance. Entered at the Post Office In Harrla burg. Pa,, as second class matter. Swora dally average for the three ★ niont-lia ending Ja«.31,1»15. a | 21,757 * Average for the year J814—23.213 Average for the year 1»13—21,577 Average for the year 1912—21,175 Average for the year lUII-18,SBI Average for the year 1»0>-17 I 4M I WEDNESDAY EVENING. FEB. S. A WELL-DESERVED HONOR SENATOR E. 12. BKIDLEM AN'S friends will heartily congratu late him upon his selection as President pro tem. of the Senate of Pennsylvania. Tho office is second only to that of Lieutenant-Governor in the service of the State, and its duties are such as to require a man of more than ordinary ability and of wide acquaintance with State govern mental aiTairs and the needs of the Commonwealth at large. Senator ileidleman is just such a man. He has served Ilarrisburg and Dauphin county in both branches of the Leg islature with credit to himself and to the satisfaction of his constituents. It is a peculiar coincidence that he is the only Dauphin countian to have held the office of President pro tem. since Judge S. J. M. McCarreli, who was Senator Beidleman's pre ceptor in the law, occupied the chair. THE SHIP PURCHASE Bil l- PRESIDENT WILSON received the most serious setback of his ad ministration when, assisted by a number of Democratic senators courageous enough to have convictions of their own, the Republicans of the upper house of the national legislature compelled tho Democratic majority in that branch to pause in its efforts to pass the objectionable ship purchase bill upon which the President has set his heart. Nobody seriously objects to the ship purchase measure if its teeth are drawn. It will doubtless become a law if the President agrees to the incor poration of a declaration of principles to the effect that the United States government would not permit the pur chase of ships which might involve this country in controversies with the belligerent nations of Europe. But there is another side to the up rising in the Senate that ought to give the President pause for thought. Demo crats no longer accept the President's opinions as indisputable truth or im mutable law. Some of them are con vinced that he is by no means in fallible and they have chosen to throw in their lot with Republicans rather than permit the occupant of the White House to dictate to them when the serious Interests of the nation are at stake. Another fact to be noted in t his respect is that the Progressives of the Senate prevented the Democrats from an overwhelming defeat. Repub licans who have been flirting with Pro gressive principles ought to take this into consideration when candidates of that party ask for their support in the future. CONSTANT DIGGING CONSTANT digging is the only remedy for the Panama Canal slides, said Colonel Goethals in e lecture at Princeton. Constant digging is the only remedy for the slides that choke up all the channels of progress. Constant digging is what made the Panama Canal: it is what constructed the tunnels under the Alps, the tubes under the Hudson and every thing that amounts to a rap in the world. Constant digging has made Goethals fa mous. Constant digging will make TOU. TOLL BRIDGES THE passage of the McConnell bill providing for the con demnation by court proceed ings of toll bridges across streams more than 2,000 feet in width would be a move in the right direc- j tion, but it is a question whether the; measure as it stands is broad enough 1o meet the popular demand for free bridges and free roads throughout Pennsylvania. For instance, the McConnell bill limits the length of bridges that may be taken over to 2,000 feet or more. It is difficult to see why a toll bridge of 1,000 feet should not be as ob jectionable to the man who pays the toll as a structure of greater length. The bill, even if enacted into law, would have no application in Harrls burg, as it provides that where two bridges are operated within a quarter mile of each other, permission of the stockholders of one must be procured before the county or counties inter ested would be allowed to take over Ihe desired structure. It is easy to be seeu that such a voluntary action on the part «f interested stockholders would be difficult, if not impossible, to obtaih. The time is coming, however, when WEDNESDAY EVENING, alt bridges within the confines of Pennsylvania must be set free, just as the tollgates must be removed from all of our turnpikes. Mr. Me- Connell is moving in the right direc tion, but it would seem evident that his views are limited by the needs of some particular locality. THE FTVE-CENT I .OAF WHILE the embargo placed upon the exportation of all foodstuffs from America to Germany and Austria is fraught with possibilities of which we scarcely dare so much as think, it is not impossible that it may work out to the benefit of our own people. It comes at a time when so much wheat is being shipped out of the country that prices of grain are soar ing to heretofore unheard of heights and the bakers are threatened .vith the necessity of advancing the price of bread from five to six cents, or the equally unpleasant alternative of re ducing the size of the loaf. Just what action the government, may take in this matter is not immediately ap parent, but it is extremely likely that the effect upon exporters will be to prevent them from risking the newly declared contraband provision on the high seas. This would keep the grain at home, which, in turn, would deal a blow to the grain speculators and reduce prices, .if not actually cause a sharp slump in the market. For some time a number of promi nent students of economics have been urging upon the United States gov ernment the need of action of this very kind. They have seen the neces sity of feeding our own people be fore we make the cupboard bare by large contributions of provisions to the fighting nations. Our own selfish interests, it would seem, would prompt us to favor anything that would keep our food in this country, but we should resent, and no doubt would, any attempt of any nation to prevent us from giving of our sup ply to the starving population of Hel ium. We need have little sympathy for those who are hungry because they persist in feeding their armies at the expense of the civilian popu lation, but we ought not to permit anybody or any influence to stand in our way when it comes to giving alms. HABDSCRABBLE AGAIN' CITY COUNCIL has done well in giving Solicitor Daniel S. Seitz authority to take whatever steps, in his opinion, will hasten the acquirement of the desired properties in the "Hardscrabble" district. The owners have long since realized that their residence In the district to be taken over by the city is limited. Their interests will be best served by an early agreement between them and the city whereby they get their money and the city gets the property. The sooner the deal is consummated, therefore, the better for everybody. The purchase of these houses and their demolition would necessitate newbuild ing operations elsewhere of no small magnitude in order that those dis possessed would have dwellings into which they might move. This in turn would give work to a large number of men not only in the removal of the old houses and the transformation of the river bank at that point into the park that is planned, but would stimulate the building trades to no small extent at a time when they are in sore need of a tonic. Mr. Seitz has set forth his excellent plan at length and in detail. It is reasonable and Council is to be heartily commended for its prompt action in authorizing the solicitor to proceed with it. We may look for concrete developments in the "Hard scrabble" proceedings at novate date. OPEN TOUR WINDOWS Dlt SAMUEL G. DIXON, State Commissioner of Health, in one of his little weekly talks to newspaper readers, urges that the bedroom window should not drop with the mercury- The colder the weather the wider the window, is the way the Health Commissioner puts it and it is good advice. Certain self-constituted experts on matters scientific recently have tried to up-set all of our carefully worked out fresh air theories by telling us that there is no truth in the old idea of carbon dioxide poisoned air. Ever since our school days we have been taught that the lungs absorb oxygen and give off carbon dioxide, some times called carbonic acid gas, and that this gas, when breathed, is pois onous to the human body. Those who have made the assertions previously I quoted say experiments show that I not sufficient carbon dioxide is thrown toff by any individual in any one day or night to poison the atmosphere of ja living or sleeping room, no matter how lightly it may be closed. They argue that the closed room is just as healthful as that into which large quantities of fresh air are constantly admitted, hut they omit the very im portant fact that the body does use oxygen and that one cannot continue to breathe the air of a closed room without exhausting this life-giving element. It is therefore pretty safe to take Dr. Dixon's advice in the matter. No body who has adopted the idea lof sleeping in the fresh air ever wil lingly returns to the closed and heated room. If you doubt this try It for a few nights. There is a tang to the winter air and a tonic quality to the untainted atmosphere from out doors that carries the man or woman who breathes it buoyantly through the next day, no matter under what con ditions he or she may labor. Pile on the bed clothes and push up the win dow. BIGNESS FORMER President Taft once more showed his bigness of character ! m. in an address before the Univer sity of Virginia, when he praised President Wilson for reading his own messages A Mr. Taft declared that closer contact between the nation's Chief Executive and Congress is needed and slated thati President Wilson's method of bringing his messages personally to the legisla tive bodies is a step toward meeting this need. It requires a big man to pay a com pliment to a successful competitor. 1 EVENING CHAT I The strong endorsement of Senator E. E. Beidleman, of this city, for presi dent pro tem of the State Senate calls to mind the fact that Dauphin county has figured several times in this hon tor, although it has been many, many years since it lias had the speaker of the House of Representatives. Judge McCarreli was twice elected to the ofllce and in 1878 and 1879 the late Senator A. J. Herr was president pro tem. Before the constitution of 1873 David Fleming, who was later the law partner of Judge McCarreli, was pres ident pro tem and before him Louis AY. Mall, one of the elty's famous law yers in after years, served two terms. Air. Hall came from Union and was the youngest man ever elected to pre side over the Senate. The office was known as speaker in those davs. It so happens that a brother-in-law oL' Judge McCarreli, the late Senator Wil liam A. AVallace, was also speaker of the Semite, an interesting fact when it is remembered that Senator Beidlc inan was a law student in the judge's office. Secretary of the Common wealth Cyrus E. Woods filled the office twice and AA'illiam P. Snyder, later auditor general, was three times elect ed to the ofllce. Lebanon has had two presidents pro tem in the late Lieutenant-governor J. P. S. Gobln and the present Senator D. P. Ger berich. who was president pro tem last session. Senator Penrose artd the late Mayor Reyburn also filled the ofllce, which is now filled by Charles H. Kline, of Pittsburgh. Francis 11. Bohlen, who was here yesterday discussing; the workmen's compensation act with the Attorney General, is secretary of the Industrial Accidents Commission and one of the professors of the University of Penn sylvania law school. He is one of the recognized authorities of the State on damage suits. -Auditor General Powell said yester day that the report of his death was the third exaggeration of the kind he had been called upon to combat. "The lirst was when 1 almost drowned when I was live and when 1 was rescued I had a hard time convincing my mother that I was alive. The second was when I was first wounded in the Philippines and some correspondent sent me out as dead," said he. "On that occasion it was published as a fact that 1 had died while lighting with the Tenth Pennsylvania. 1 had to cable home at some expense, too, that i was alive. Now here a man dies near my home and it is reported that 1 am dead. It is an exaggeration." Among; visitors to the city yesterday was Dr. James T. Rotlirock, of West Chester, the lather of forestry in Pennsylvania and former commission er. He was among the callers at the office of the Governor. Dr. Rothrock is still maintaining his interest in the forestry of the State and is anxious for the legislature to boost it all the revenues will permit. Congressman D. F. Lafean, of York,' was among the visitors to the <"apitol yesterday. He called on friends in the departments. To-morrow's meeting of the State school directors will bring to llarris burg the largest gathering of the kind since 1911 when the school code was be.ore the legislature and men came from all sections of the State to dis cuss its provisions. That session was most valuable in giving legislators a line on what people thought. The present week's session will doubtless be good to show what people think now about the code. Here is a good one from the Pitts burgh Chronicle-Telegraph about a man who has many admirers here: "Any woman who can hook her dress up the back is qualified to vote. That is what Irvin S. Cobb, reporter, lecturer and war correspondent, told Miss Helen A. Allen, secretary of the Equal Franchise Federation of Alle gheny county, when the latter called on him at the Hotel Schenley this morning and asked him for his views on woman's suffrage. "'What do you think of the mili tant suffragist'." he was asked. " 'Well, i am not in favor of the militant suffragist as a member of my own household,' and then the man who is just from the war scenes abroad and whom many persons are talking about, admitted that he was married. He assured Miss Allen that he was unqualifiedly in favor of 'votes for women. Miss Allen was -delighted. I She took his views down in copious notes to be used for future reference. I "'What's your opinion of the war?' was another question. "'Well, the present one is going to breed a whole flock of them. This war will spread like a shad spawns eggs.'" I WELL KNOWN PEOPLE 1 —William 11. Barr, president of the National Foundrymen, will be speaker at a big Pittsburgh banquet. —A. F. Huston, the Coatesville manufacturer, is at Palm Beach. —Judge Josiah Cohen, of Pitts burgh, denounced Allegheny aldermen for trivial cases. 9 L— w ■ om *» 1 1 Tliat Harrlsburg taxes are low when the public improvements are considered ? IN HARRISBURG FIFTY YEARS AGO TO-DAY [From the Telegraph of Feb. 3, 1865.] Telegraph Co. Opens Office The U. S. Telegraph Company has opened an office in the Capitol. Mes sages are sent from there all over the country. Stock quotations are given hourly. Aged Resident Dies Philip Dougherty, a native of Ire land and one of the oldest citizens of the city, died this morning at his home in Second street. Many Blind I'upiis There are 15fi pupils from Penn sylvania out of 18"> at the state insti tution for the blind. OPPORTUNITY'S KNOCK When the national manufac turer advertises his product in this newspaper, opportunity knocks at the door of every re tailer who carries the goods. Tlve manufacturers' advertising creates a definite demand. It in spires people with a desire to see the goods. These people will be attracted to the store that shows tlicm. They will be customers not only for the manufacturer's goods, but also customers for the storekeeper's goods. The modern storekeeper Is alert to take advantage of the manu facturer's newspaper advertising. la the alanic of the day, "lie boosts nlui oiiportnaitj knocks." HARRISBURG TELEGRAPH v WILLIiSTOi POST OFFICE AGAIN Meehan and Hancock People Looking For an Appointment to Be Made Very Soon WALTON FOR CONGRESS Lawrence Member Is Mentioned For the Vacancy by Death of W. M. Brown The time for appointment of a post master for the borough of 'Williams tow n is very close as the term of Robert Thompson, the veteran chief of the olfloe is about expiring and the partisans of Richard Hancock and P. H. Meehan arc moving every stone to land it. There were reports current here to-day that Congressman Lesher, of the Northumberland district, was taking a hand for Hancock and it made the Meehan men mad clean through. Both applicants have been busy, and eaoh has been courting the bosses, the rivalry being so keen that there are. reports that the movement, to have Thompson retained may amount to something. The Millersburg postmastership is also due to come along soon and the intimation has been given that the Democratic bosses have determined to ignore reports that C. W. Rubendall, deputy register, was formerly a Re publican and to have lined up behind him. Some of the older residents of the town are demanding that a man longer in residence than Rubendall be endorsed by the leaders, but they do not seem to bo getting anywhere. Ru bendall's friends says he has the in side track and having decided not to run for county office this year that he expects to become postmaster. —Representative W. D. Walton, of New Castle, who left yesterday to at tend the funeral of Congressman-elect W. M. Brown, is being boomed for the congressional place made vacant by the death of the ex-lieutenant-gov ernor. The Governor will have to pro claim a special election nnd Walton, who is one of the strongest men in j Lawrence county, may be put forward. Congressman H. W. Temple, who lost to Brown, is also thinking of trying again. If Walton enters the race it I will make a fight worth watching. —Speaker Ambler has developed a predeliction for starting religiously on time. He is as punctual in that re spect as George E. Alter and the mem bers have to be in their seats. —The election law changes will be ready to submit to the Senate and House next week. They will be per fected in Philadelphia and will carry out the changes outlined in the Tele graph. —Governor Brumbaugh expects to take up the matter of the public ser vice commissionerships next week. He will have a meeting with the Senate committee on executive nominations on Monday. —Conferences will be held between the Governor and the Republican plat form bill committee of the two houses on Monday and Tuesday. By that time the compensation bill will be in shape as Attorney General Brown ex pects to have several matters now un der discussion in shape for action. STORY RITEN' By the Messcuger Boy By the Messenger Boy T wanted a new soot of clothes after savin up wages for three months, but my father wouldn't let me spend tha money, saying my old coat and pants was good enough till next season: and he wanted to borro my money for to help buy a new boat next Spring to go flsliin with. So I made up my mind I'l get a new soot anyhow, by wearin out the old clothes fast and being forced to get new ones: so I took every chanst tu were holes in em, by every means to be thought of. One day I was takin a ride in the Park auto with my friend Commish. M. Harvey Taylor and Mister J. Ray mund Hotfert the injineer in charge of the department. They was on the way to Wildwood lake to look at the skatin pond so 1 went along, they bcin .good company, and the ride bein free. While they was measuring the ice to see if it was safe, I was slidin on the surface and every time 1 took a long slide 1 set down on the ice to get a more comfortable ride and also help to wear out my pants, so I could get a new pair soon, by wearin holes in em. All of a suddin the ice broke and I was splashin around in the mud at the bottom and I yelled like forty. The park men ran to see what was up. Mister Taylor yelled as loud as f was yellin. but Mister Hoffert studied cool and quick how to save me scientifick and went for a pile of fence rails so as to make a proper solushun of get tin me out without drownin all three of us in tbe lake, which would of been a. sad affair, and a skandal for the Parks. Mister Hoffert was comin along fine with a. couple big rails, but Mister Taylor got iir.pashunt 1 guess and tired waitin, so he jumped right in along side of me ond we both spluttered in the mud till Mister Hoffert reached us with the fence rails and saved our lives scienttflck. The only damage done was a good wettin and shivorln, also a big rip in my pants that I got on a sharp edge of the ice as I went through. This was sewed up when I got home; but I haven't got a new soot yet, because my father had already spent the money for the boat, takin It out my iron bank without me knowin it. The boat is no good anyhow, be cause It. was washed away durin the high water; so now there Is neither boat nor soot, and I have quit savin money. POSLAM HEALS ECZEMA, ITCH, RASH, PIMPLES Posiam transforms ailing skin to skin clear and healthy in color and tone. With ease it eradicates erup tions! affections that stubbornly resist treatment. At once the skin Is soothed and comforted; itching stops. Soon il is seen that the trouble is under con trol. Then it disappears. Poslani's merit Is easily proven overnight. The work it does in this brief time ts often astounding. Your druggist sells Poslam. For free sample write to Emergency l.oratories, 32 West 25th Street,' New York. T'otlam Soap used daily for toilet a'ul bath is easy means of improving sitin and hair. 25 cents and loc cents. ,—Advertisement, | OUR DAILY LAUGH I; —Mwwro, —l Mill T I ONE WAT, ' ■"il ■ I Bobble: I saw njuPii you ltlss Jack, and aXKIt |Ma says you shouldn't kiss a i feller till you're Sis: Well I got fcvTO j engaged—let him , fW ! kiss me, then 1., broke the engage- W JMv\ A BILEN * BAND, /fa I am a man of \ ji'V a few words. U - M Shake! I' n» ~hm —■ married, toe. IAFE. f gfg Pop: Are you lure it'a safe? A | ! Johnny: Sure, \ v -— *" i i Sere's a feller i TZZkSLJf As. rr Big h a four j pounds more'n KT? 21 ) ne and he's aka- . M «X led all over the . * ,ond * « THE RBASO.V WHY By Wine Dinger The stalls throughout the rnarkethouse Were all well filled to-day With sausage, linked and unlinked, too, j And as I went my way I thought unto myself, by jove So much J never saw, I wonder what the reason is For all this pork so raw. 1 asked a chap who sells the stuff (I hope the gink will choke) Why so muoTi sausage was on sale ' And then he sprung this joke: Why, brother, that I can explain In quite a simple way. Don't you remember yesterday Was annual Groundhog Day? I [Front the Telegraph of Feb. 3, 1565.] Approve Amendment Washington, Feb. 3.—Many of the states arc ratifying the recent abolition amendment to the Constitution. Sa lutes are. being lired in many large cities in the North. Rebels Call On Grant Headquarters Army Potomac, Feb. —Several rebel peace commissioners came to see General Grant to-day. The soldiers all along the lines cheered them for several minutes. COST OF INDUSTRIAL COMPENSA TION [From Philadelphia Bulletin.] Study of the operations of the Work men's Compensation Commission of New York with a view to profiting by the experience there in the framing of a compensation law lor Pennsylvania should be undertaken just at this time when the bills of the Commission are undergoing a thorough examination, if the result shall be only instruction how not to do it. The New York Commission had an initial appropriation of a half million, which is said to tic nearly exhausted, and has been petitioning for another million and a half with which to complete the remaining eight months of its year. Thus far the most gen erous offer made to it has been one ol sixty thousand dollars a month pending an investigation, a prelimin ary report having been made which estimates the necessary cost of admin istration at something over a half million P. year. The salary roll of the New York commission is now over live hundred thousand dollars a year, and its rent bill, including five lioors in the Metro politan tower building in New oYrk city, and several branch olfices, is one j tenth that sum. One might suppose that some economy would be possible in either of these items. The salary list does not show exorbitant payment's to the active and responsible mana gers and directors of the system who, if they are the competent actuarial experts which they should be, could get larger salaries in private employ. But there are private secretaries, and deputies and inspectors galore, not to speak of clerks and attaches of va rious designations which suggest the familiar official plum tree, when the Metropolitan building offices and their fancy furnishings are samples of the official luxury that often helps to make public administration costly. But if the compensation system is to be successful it should be at a minimum cost of administration, and with the elmination of all red tape that is not essential to justice and equity. It should become self-sustain ing, although that may not be hoped for immediately. The most practical application of the theory Is simply the establishment of a system of insur ance, and if the State is to have * fund for that purpose, or employers are to be encouraged in the formation of a mutual insurance company, each should operate on a premium sched ule which should enable it to be scif- I/ 2 PRICE CLOTHING SALE NOW ON All Suits, Overcoats <fc Raincoats SIDES <fc SIDES FEBRUARY 3, 1915. BANK STATEMENTS KKIDHT OF THE CONDITION Oi«' THK ( E.M'RAI, TRUST COMPANY, of Harrlsburr, No. 1230 North Third Street, of Dauphin County, Pennsylvania, at the close of business January S5, 1111: RESOURCES Reserve Fund: Cash, specie «nd notes 177,098 BO Due from ap proved reserve agents 74,495 88 Nickels and cents SOS 43 Checks and cash items,.. 3,883 40 Securities pledged for Special deposits 5,000 00 Assets held free. viz. C o m m e r c ial paper pur chased: Upon one name, .... $1,(60 92 C o ni mere lal paper pur chased: Upon two or more names, 222,019 57 Loans upon call with col lateral 219.455 00 Time loans with collateral, 18,632 45 Loans secured by bonds and mortgages 117,613 43 Loans without collateral,. 144,823 34 Lionels, stocks, etc 294,43$ 82 Mortgages and Judgments of record 114,479 74 Ofllce building and 10t... 4 7,Sou 00 Furniture and fixtures, .. 17,500 00 Overdrafts 63 Total $1,360,533 03 i LIABILITIES I Capital stock paid In 1125,000 00 , Surplus Fund, 225,000 00 Undivided profits, less ex penses and taxes paid,.. 27,433 06 Individual deposits subject to check (Exclusive of Trust Funds and Sav ings) 275,187 47 Time Certificates of De posit (Exclusive of Trust Funds and Savings). .. 234,038 36 i Deposits, saving fund, (Exclusive of Trust Funds) 428,638 6R i Deposits. Commonwealth of Pennsylvania, 10,000 00 ! Deposits, U. S. Postal Sav ings 1,509 75 Deposits, Municipal, 10,000 00 Due to Banks, Trust Cos. etc.. not reserve 17,101 31 Dividends unpaid 319 60 Treasurer's and Certified Checks outstanding, .. 6,304 98 Total $1,360,533 09 Amount of Trust Funai invested 386,003 70 I Amount of Trust Funds uninvested 6,016 76 Overdrafts 197 #7 ! Total Trust funds $392,218 42 CORPORATE TRUSTS Total amount (I. e. face value) of Trusts under deeds of trust or mort -1 gages executed by Cor -1 po rat ions to the Com pany as Trustee to se- I cure Issues of coniorate bonds, including Equip ment Trusts $1,932,500 00 State of Pennsylvania, County ot Oau yhin. as: I, H. O. Miller, Treasurer of the above named Company, do solemnly swear that the above statement is true to the best of my knowledge and be lief. (Signed) H. O. MILLER, Treasurer. Subscribed and sworn to before me this lat day of February, 1915. (Signed) M. G. POTTS, (Notarial Seal] Notary Public. Correct—Attest: (Signed) W. M. DONALDSON. (Signed) LOUIS DELLONK. (Signed) JOHN F. DAPP, Directors. v supporting; as any privately managed liability company is. If the law shall be so drafted that the insurance fea tures shall be on a sound actuarial basis, the cost to the State of such su pervision and administration as shall be necessary ought not be a heavy burden, and in the linal working of the system ought to be absorbed as part of the coats to be covered by premium payments. JUL ' ' • V N Our Qualifications Complete equipment, through organization, conser- I | vative management and large capital and surplus are 1 qualifications which assure the strength and stability of this institution and which enable it to assure you of the i utmost satisfaction in any transactions which you may have with it. We invite small as well as large checking accounts, pay 3% interest on savings deposits, and act in all trust capacities. i BANK STATEMENTS 1 REPORT OF THE CONDITIO!! OF ' THE UNION TRUST COMPANY OP PENNSYLVANIA, of HarrUburg. Ne. 20 North Second Street, of Dauphin Coun ty, Pennsylvania, at the clos# o# bO#l" ness January 25, 1915: RESOURCES Reserve Fund: Cash, specie and _ notes $63,784 50 Due from ap proved reserve agents 78.124 40 , ... „„ Nickels and cents 248 04 Checks and cash Items,... 11,630 49 Duo from Bnnks and Trust Cos. not reserve. $8,806 09 Securities pledged for bills 1 payable 110,726 45 Assets held free, VIB: C o m m e r c ial paper pur chased: Upon one name $40,669 88 Comnerclil paper pur chased: Upon two or more names 350,490 57 Loans upon call with col lateral 126,979 47 Time loans with collateral. 46,776 81 Loans secured by bonds and mortgages 3.296 48 Loans without collateral,.. 138,537 41 Bonds, stocks, etc 44,700 00 Mortgages and Judgments of record 95,992 05 Office building and lot 191,600 0" ' Furniture and fixtures, ... 7,300 0(> I Overdrafts 158 47 1 Other assets not included in above 305 00 Total $1,339,931 08 LIABILITIES ... .. Capital stock paid In, .... $550,000 00 Surplus Fund 100,000 00 I Undivided profits, less ex • penses anil taxes paid... 21,701 92 I Individual deposits subject j lo check (Exclusive of Trust Funds and Sav ! ings) 559.789 ISI ! Time Certificates of De posit (Exclusive of Trust I Funds and Savings) 126,917 79 Deposits. saving fund. (Exclusive of Trust Funds) 234,247 30 Deposits. Commonwealth of Pennsylvania 50.000 00 Deposits, Municipal 80,000 00 Due to Banks, Trust Cos., etc., not reserve 13.r>81 09 Dividends unpaid 144 00 I Treasurer's and Certified Checks outstanding 18,539 5'J I Rills payable on demand, .. 35.000 00 ] Rills payable on time 66,000 Oo I Other liabilities not Includ ! Ed in above 19 85 1 Total $1,3397931 08 I Amount of Trust Funds invested, $71,750 00 Amount of Trust Funds uninvested $,1)65 58 Overdrafts, 10 75 Total Trust funds $80,726 33 CORPORATE TRUSTS Total amount (I. e. face value) of Trusts under deeds of trust or mort gages executed by Cor porations to the Com pany as Trustee to se cure Issues of corporate bonds, 'ncludlng Equip ment Trusts, $2,342,000 00 Total amount of securities deposited by Corpora tions with the Company as Trustee to secure. Is sues of Collateral Trust Bonds 477,800 00 State of Pennsylvania, County of Dau phin, ss: I, Andrew S. Patterson, Treasurer of the above named Company, do solemnly swear that the above statement is true to the best of my knowledge and belief. (Signed) ANDREW S.PATTERSON. Treasurer. Subscribed and sworn to before me | this Ist day of February, 1915. 1 (Signed) RAYMOND (J. STOVFR. [Notarial Seal] Notary Public. I Mv commission expires February 3. 1915. . Correct —Attest: (Signed) ARTHUR D. BACON, Jfc (Signed) EDWARD 7,. GROSS, ' (Signed) JOHN P. MELICK. Directors.
Significant historical Pennsylvania newspapers