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The sun. [volume] (New York [N.Y.]) 1833-1916, October 06, 1911, Image 13

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THF cftfj. FRIDAY. OCTOBER 0. 1911.
13
GROUTTHEREBUTNOT WANTED
i m RANK probe ns H ..
s n nut mm eater.
lurinc r PrMMWH f the- llsnk fieti In a
l mi ns in Mhnt Mr mil Trtir
V. .mil anil Wlist lie iin l Further
lli antlum nf Forgery unit Perjury.
KilwarH M (Iroiit prasstttsd hitnaplf
nl . n i -iI.-iv'm MMlotl of the I'liion Hunk
pro
littti
,ii lirnoKlyn Ma mii'mi m minify
.li itHy along certain linen nlromiy
I up by the InvMtiKatlotti int the
i;-i hi wiih unprepared fur his sp
l . nee :m a wit new, in view nf the eon
,, in. inn he had raised against its tuthnr
i Kiilpans hlnti and Bpsolal Invsstl"
.1 ipsey insisted on postponing the
ssatnln ttinn
Itie session wiik progressing rather
mutely when Mr. tiroiit Intsrruptsd iti
... i i read long statement regarding
I a . Iiange of front lli offer whs the
mm i he said, of Information which the
Investigators had rafuaed to give him bul
which tin had obtained by following the
r . .. ... f the Investigation. He was will
ing In testify on eertain important mattern
already brought out and would hive been
iil!ltiS In the lieflinninR. he unit!, fo testify
i ii the ims or on other matters if the in
vestigators had seen tit to apprise him ie
fnrehand of what waa wanted of him. in
his atrttemsnl Mr tirout said:
I rrfu ii to obey your suhptvna siv weeks
ig.. hrisnss you refused lo Inform rue ns
id ii, t it -in- or transactions you wished
t . in , "i- Into slid t-i afford ni" SceSSS to
h k iitiil papers o( th bank, Hill
(l it : the past m ni'i'ki. viinr proeSSd
n irivrii np what you refused
lo sive, that i. some information as i
the (iiihiei I uf inquiry, and by rari-li of
athei tei irds snd pspers snd Inquiry of
o".. nualnted with Mis matters, i have
nefii shls t'i prepare myaelf with infor
Button "ii many of theas subject the
D n. I time n- rpss.iry to do this have
dftmsnctratfd th- reaaonablsness of m
orisinul pi'Sitlon, tnssmurh ss my rvtdenoa
covr- id rr.ne of it 'ins and traim
SOtlOlM and n lottg ponod of time Hut
vo ir pirn e. dinKs nnd th researrh whii ti I
ti.ie lieeu able to make during tbsse sin
w.. k n is enable ms to offer my evidence
g i . IDs following m-itt-rs:
i Ths i ircumstanoss of th- rsopsnlni of
th' bank
: Th" refntion of Ashley. Southworth
snd smith
;i Ths seneral conduct of the hank dnr
1W mv presideney.
4. 1 lis i-irnitmtanees of nnd the reasons
-: ths final rloains
:. Phs Sullivan notss, i. e , those of ll.nr-ger''-.
Molloy. Ilulaart and tli Remssn
Bond snd Mortgage' Company ths Sulli
van nets of SlSO.mn: th- lloirmt not", nnd
tiie hank's real astatvespsctally1 In connec
tion ith the i-harue thai the reports to ths
ii. nk Department were knowingly fans as
I . said items.
I The Orr t'ontrnctmu Company, tin
Jornlemon Serurity Company, ths .timm
rnutraetaui Company, the Aahford Com
pany, the l.nns Island Seeurities Company,
tli- i us!nw-Moore I'ompany. th Kssex A
le Company, tiie Corporate Realty Com
pany and ths Metropolitan Holding Com
i n . ihe companies used by tli 1 hsnk
lx i it first eloslns.
r fhs Priarwood propert-
I'll' Liberty Avenue Tnaatr
i lis Shetland company.
pfopvrt)
l ips l urtiss Twsntleth Century ( om-
limns
I lie Thomas and Heinxs loans
la th" rase of many of thene matters, if
ii i ills, dates anil figures ate to he asked,
I have to requsst ths aid of the Imnks
II -I papers of ths hank and of Mr Ashlsy
V Hi on th. stand
I; you wish to muiine into other itms
irsnsactiona I must stand upon my
- .i position and say that until you
mi. -in in'- .oher directly i by furtbei
in .ii -...-i I ,e. as lo What they are and
iii" an opportunity to examine into
if in tind Into the hooks ami papers of th
lad I in ;T dieline to enter upon litem
in short, wherever your prooaedlnas dm
ma ill pai six weeks nnd my research
tin" luppll'd the information Which 1
..: U'm ill iv'tu-sted and whirii i ni i-'s-Sr.
i am ready now to testily Where HUCh
information has not heen ho supplisd snd
you are n'.t now wulins to auppiy it, I nm
Dot .ii. d runnot he ready to testify.
t'hairman Dodge and Bpeelal Inveetl
Kai r 1 ropeey exchanged Kianoea.
"The day is filled.'' the hitter said -W e
will ha e ,i subpena served in due course "
Xo, not a subpcelUk," Mr Urout re-
iied ' I am here noxv ready to testify.
"Mr. Grout gave no notice that he in
iideil !. appear," Cropaey explained.
id added, turning to Grout, ou will
. - ir n it in that. I think,"
Mr drout replied ill Ihe sharp tone of
uni oyance; "Well, as it is eaaier to ask
'i ietiona than answer them I thought
tn i' you would lie ready at any time.
Not this morning,' was the reply.
" "i will he notified when we want you."
"When you notify me I .mi at your di
pi - Mi (ir..ut said grimly, and turned
to leave
l :i in . v i i very much, Chairman
I) .i oslied out as the former Comp
p i ..- was leaving tbo room,
't . ..--i ,m was adjourned soon after
in i not liefore nmre allcKations of
' i and perjury had been made, this
iIdim igainst .lames 'I'. Ashley, former
t;ii- .. ' f the i nion ttatik rnowitneasi
V
icU W. rlottwell, an assistant
I the same bank during Ashlsy's
i .d testified previously to some of
identa connected Witt) the reopen-
ISM
tin
the
mi
C . ths nank
! U well sakl that Ashley dictated the
fa e statement nbout the Orr Contractina
ir-any despite the cashier's denial
m ii i- witness stand at a previous hear
- i ti nt he (l'loltwelli had sent the
r.t bucU for Hianature before fil
!i tie credit dopartment of the
iey i.jis sworn that ho had
r- to do with prennrlng the State
i i Hint ho couldn't understand
:. its it-l hy James T. Ashley bap
1 I t'. he at tun bottom of it
luey Williams, an attorney asso
itl (Irout A firout. explained the
r noma of the minutes of the stock
meetings held in oontiectil u with
hase of the Peoples lionk by the
He prepared them. Ill said. He
1 uorated Paul Orout In denying
'; ' .- prico had been mentioned at
Ihs lentings. Another witness, K. J.
'I . testified that .Sullivan had pro
v . ney tor real estate speculations
divided the profits with OUt
i .r int's firm owes, the liank $19,000
red noies and SI.A00 on stock
ta He I a real estate dealer
. I i-.il to permit Mr. (irout to tes-
.ii vogterqay's hearing waa due
' ' a case that Mr Cropsey had
tl n Supreme Court. The session
kiiort for that purpose. Theease.
n Union Rank againat UieTwen-
eiitury Construction Company
cams up I icfore Justice I'm nam
mi lion tor a ohunge of venue.
i Italdwin. fi r the defence.
' i' trial of the cast to take place
titer county on the Rrnund llml
iii invaetigation had inflamed
- of the people of Kiruts county
i ipaey opposed the motl m L)e-
1 psei -
Afl
ii'i'i'tiiTraniM a RofcdsTsh tn Hsrs,
h'ortiss A- t'n. togotlwr with
I : . X 1 .1 ni IfnMoii mi. I ths Httl
I l.nil Si' vine B 11k i.i I 'hll'HKO.
. .1 1,' lio.wio.tKiii Montrpcl Tram
1 1 1 1 1 1 !- flrs! cinii rsfmiding irioii
1 nl bonds. Proi ii- will bo
:n M," piirclisss nf ih prtijsrt5
" Mohtivitl Htrssi llsllway ('oiiimttv
1 1 1 h i .I. mcnt nl part of Hi. ii fotn
. "i. mi iiulinic bonds Tho Trim,
ip 1 i'i own ail f 1 hei rm 1 ion
11 Vlmiln 1 I As (.111- of tli. largnsl
1 usdmn r.uanoinfl svsr sooom-
'i .11 this country 'ii" s'4s "f ths
- " ( .ii in nksrs wss notod y,ii,',rilHy
' t onsid' rbl signiftoMios,
Ui-
tiossir or WALL strket.
ftotli I .. -.. I. ti and Iterhu sold stocks in
tins market, though not in lame quantities.
'Ihe total was prohatilv not more llian
in. eon sharea. The Hank of knglgnd'a
W'Mkl)- statement provided a reason for
the London Selling, It showed the hank
tn he htili in a strong position with a ratio
of M of reserve to llabllltlfS, which has
been exceeded only once in corresponding
week- lor the last ten years, hut last week
the ratio was 4 points hiaher and in the
POtiraS of the week the bank lost tS,MO,fl0n
in bullion and its reserve was decreased
ti5,txn,ooo, continuation enf ancb an
outflow woulii of course soon brunt the
ratio below the ten vonr avetnue niefi
i an stocks were weak In the London mar
ket. but the market fur home Securities
was not reaty depressed, thiniali political
nil' ertainlles together wilh the impair'"' "'
of the bank s position still tended to Inac
tivity, The local mnrket absorbed 'he London
and Berlin Offerings readlh". 'he more
so because advices from Carls were favor
aide There had been fears llml the forl-
nlffhtly settlement which ended there yes
terday, would dlailose troubles there was
no trouble ai all. at least none of any con-
sequonco 'the weekl) statomenl of the
Rank of Prance showed an increase of
M0,0tt0,00n in notes ill circulation, hut the
nK!i'Hte of putatandlng notes, though
lariter than in nost corresponding weeks
of recent years, ws well heiow ihe legal
maximum and 'he loss In IfOld and silver
was not tit all la'.e. Obviously Paris had
! taken extreme precautions, having called
'loans nil oyer Xurope and arranged p-r
I funds from thif country, so that, the set
tlement over, conditions there were much
, Improved, e
i In the brokerage offices there was more
discussion of the chain es of s dividend on
Rubber i "ininoii than ov er anything ei-e
' Itiihlier i- a slock 'hat most speculators
, have learned to ilist rust in recent years I '
paid percent, in 1 000, but since that venr
on the approach of many dividend meettnfs
ihe rumor has been bruited anvnd that
dividends were to he resumed, onh to turn
out false when the dltSCtbrs a ted 1 to
terday, accordingly, traders whe had
profited lo- the 1 1 point advance In i he stock
were willing enough to take prollts in ad
venue of ths msetlng ami the stock did little
or nothinc lh.it after 'he i lose of the
market the dins tors Anally did put the
sto. k on I 4 per cent basis surprised ami
dis. omflted the sceptics.
That stocks should Is i ipped for increase-,
in dividend and the market nd nn. e to tl s
accompaniment of such reports is one f
those funny differences ihai a short tlms
sometime, makes. For more than two
months prior to this wek practically ail of
the talk on dividends had consisted of pre-
I dictions of redii'ttoti. There had been
mentioned railroad alter rallFOSd Which
w on id tie forced to cut. and on account of the
steadily dsepenlna - ommert iai depression
ii wss well known of i nurse that many of the
Industrials could no' lioi.l up their earninir-
to dividend requirements, inly a few ri.T-
an-" 'no lather well informed men con
versed a- follows "Do v on think such and
such companies will kee-i up their dividend-
Inquired one o: them it all ds
pends, ' replied the other, "on how larae a
surplus a compen) ha- No rompdny Is
earnlna its dividend Sow not only ha
the Kubber predl' ti"n at las' come true but
many traders are sengulnely expecttna i
dividend on licet Ruger common and an
ip. rea-e in 'he Western I nion dividend
Veotsrdays brisk advgnce in Paclflo 'le'e-
phone anil Telecraph also u'livf rise to ex
pectation if a dividend there.
Stocks loaned yeaterday afternoon only
sllshtly below the cad money rat l-ist
week "n several occasions active specula
tive shars loaned tlaf The demand for
stoi ks was fairly kern yesterday. indi
looting that though tin short Interest had
I been ereStiy r.-d'li,el !' is still of consider
able proportions. In one respect the shot'
interest ha4eldom been areater. 'I Tier IM
w hat brokers pleaaantty characterise as a
sucker short interest,' thut is. a short
interest made up ol small speeulators Who
hsvs come to learn u ths course of many
yeais that money is obtainable on tie
short as web us on the loni side nf the
market it is dei iareU to lie a fact by some
ot the commission houses that a majority
of their customers an bearish. A solitary
instance of such a condition in a com
mission house was unheard of a few yssra
ago.
The pressure on 8t Haul snd tmalgamatsd
Copper, particularly on St. Paul, has been
attributed frsqueiitl) of lute to a coteiia
that has com to l.e shown as the junior
i standard nil parts HI Paul lias been
I pounded svsry time it Ims raised it- head
would hive sunk under the Sttscks had
some of the formei ol present stockholders
not witnorawn insti support ins mem
bers of ttils pHrtv have Undoubtedly been
besrisb on general conditions, but whether
or not tie it bearlshncas ims been particu
larly dlreeted aaainsi st Paul is ot course
h mstter ol conjecture supported oniy bs
the action ol the Itock
Tl
li re la in Uitireri
i liit -le.r v :ii POUnt ill U
iiesi lahnesa of hoiiip
idsrd mi or Junior
for nnie of lite rri 'li
member of the stti
M. unlit ni I nl phi ' v
1 1 iinte. from tiin ii"wm
that the Atneriean Tobaceo Compsny hsd
srranged with ths court fur s dissolution
Into only three parte I he standard "ii
I onipnnv. aetlns promptly iinii perhaps
Impetuously, IihiI previously decided in
divide Itself Into thirty-throe part!. t"
tli.it Its business milSI be i mill ii I, l in ii
7m
mors nompiieatea nianner ii u, no
(.nrmn likely, will lh blialness "' 'he etib
sidisrlSS of the merkan IoOacoo ( oni
pany, In the l-ps-.nnin the Standanl till
folks thought that the Uoeieiont left tnem
in nvieh better fhape than the Toharro
i-ompaiiv' Tbsy are nii'l to hive a diffVren
opinion now In fart some of them are tiaid
I to feel as diecomfited an would a world's
ehampton bessbsll team beaten 3:1 to :i
! sith no vround for protest
The American Tobacco plan will b SUb
' tnirteil ti, the rnuit in H flav- fir sn It
la expected that aonie of the minority holder.
of the 4 prr cent bond will object to the
plan and that -everal publir hearing will
he held bsfors ' h plan i finally approved,
Hut the Opposition "f CsrtSiQ of tln 4 per
oent bondholders will not he 1 an ted n
far as to dsfsat the main outlines of the
plan a representativs nf Home of the beat
house in the opposition snid yssterday that
tin- minority holders were heartily infsvorof
'lie plan as outlined in it general features.
Now fork bankers took yeaterday lto,
000.000 mortgaft-o bonds of Ihe Montreal
Tramways Company, it is unusual for N'sa
York houses to participate in Canadian
financing Practically all of that has been
donn abroad, and there are few lustanoea
nf Canadian flotations as largo as that of
yesterday's In this mHrket Wherefore
the pessimists repeated enobssrvstion that
inn been Iterated and reiterated in recent
weeks if tin American fioremment nan
not show ihe way for profitable investment
in tins country, why the eaplml can i"
profitably Invested abroad
i.uuim lilt soil NsKhtlllc Hrpurt.
Tin report of tlir- UotllSVllls and NhhIi
vi Hi fur th" year tndil June W 101 1 .shows
Knihh sarnlngs i s.ri:t,tiu:t 7ti, an inorsssi
nf ,UO,(80 ovr ii". sxpsnsss of S8,
470,828, n inorssss of 13,401,344, sud nst
surninga of 116,554,391, dsorsss' of
U,0ii4,T14 'I h" year's surplus, of 8,8t7,M0.
i. eqiml to H '.'o i"r i i-nt ssrnsd on llu
rupttsl Modi outstanding, as oompsrsd
wiiii it is i' i' 'in earned in tl"' pr'
vious vnr Additions and betterments
in mud iukI souiuinent nosi the oompany
about ift.ooo.ofsi rhe balanoe shesl snowa
r,H"th ol 1373,887,710, us oomparsa with
973,B8,U0 St tlio cini of ihiii Th" profii
and loss HinpliiH Stood St 83I.246.shi. an
improvement of about 14.380, oon The com
puny did a iarK snount of seoond track
and Kntdo revision work.
TO RESIST TOBACCO PLW.
Independents Engage lsiols D. Hrandels
and mix H. Levy ss Ceansel. (
Lotlll l Brandeis of Poston will repre- '
sent the independent tobacco manufae- ;
turers and dnalera in protesting against
I the adoption of the joint plan of the (krv-
Srnmenl and the (obSOOO company for tho 1
r reorganisation of the American Tobacco
I Company, which vu ordered by thoj
United Stc.tee Supreme Court, if tho plan '
i is such an has been unofficially stated j
l in the newspapers This announcement
I WM made yesterday, with the further
Information ihat associated with Mr.!
RmndeiS Would be Felll H. f.evy. who was
: associated wilh Henry W, Taft as an.
assistant I tided Slates Attorney-General i
when Aitorncy -General Moody began Ihe!
Investigation of the tobacco company
Messrs Hrendeis and Levy will repre
I aeW the National Cigar Leaf TobgOOO
Aaeoctatlon and the New York Leaf
I Tobacco Association, as well as other I
: Independent companies Thnt also have
the cooperation of the independent I
j Tobacconists Association. which is'
dire. Iy represented bv Henry H. Hunter
It is explained for the independents that
they want in bring about a i eorgani.ntion
I of the American Tobaooo Companyl
, which will Insure real competition in ail
I branches of ihe tobacco industry Thev I
I seem to think that the plan, which as yet
has not received official sanction, is the
Hie which will be (lied in the Coiled State i
Circuit Court, perhaps to-day and not I
later than Mond.vy Hut no matter what
the plan, unless it agrees with the ideas!
of Mr Itraudeis on the subject it will 1
I be foUghl ai the hearings The first
: hearing will be in Ihe week of October 23
i Hepreeentatlvea nf the independents
c. iied on Attorney-General Wickersham
. yesterday and it is said outlined to him
, their plan of campaign .
ill brer COMMON DIVIDMND,
One Percent. Quarterl) After an Interval
of Kiev en tears.
the directors of the Cnited States I
Rubber t nmpany did the long expected
thing yesterday when they put the com-j
moil stock on a 4 per cent, dividend basis.
Sine iimu the stock has paid nothing. !
1 In that year per cjnt. waa disbursed
; At yesterday's meeting the tegular quar-!
1 tetly divutends were also declared on I
t the first and aeOond preferred, 'ihe fol-
lowing statement by Preeident Samuel p.
C, It was given nut at the company's
offloes immediately after tin tneettng:
Notwithstanding the fact that for some
years past the surplus net SsmtngS of the
l imed state. Rubber Compsny have hseii I
OOnSlurrsbly In excess of the slim required
for dividends upon its preferred sttx ks
the , Pre. tors have fell it for the best inter
ests nf iii" i ompsns fur reasons from time
I to luce stale, I ic'it the payment of divi
d 'ti'ls i on the common stock of the cum-
i pa ni
While thus far in our present fls.nl year
Ih r" hn- bet'. a falling off in certain lines
. of business of th, company, owing to veri
er, ii condltlone, other lines show a iili-
usntinl gain, thus Insuring from lbs entire
I bit 1 1 1 of tti i 1 1 1 1 t i st tit' itiiiitMT (om
( puny n.nl it- utidirtrv . ompanles not less
, linn an average product and profit for ths
, year.
This being -o. the board of directors have
fell Itistifled in resuming a' this time uuar
terly divideii.ls upon Hi" , omui.ni stie k
, anil have ile. Isred a dividend of i per cent ,
I payable i Ictober 'U
HKOHOASItK AMBRICAS BILK,
Myndleata nf llld Mccurlt) Holders Plan
Nf Issues of Hoods and sit ock .
itosroN. Oct. d Reorganisation of the
American silk t unipunv is i:ii(r per
fected under tli- name of the Arlington
res tile Corporation, which will shortly
execute 10 a trust rnmpnny hero m niort
gago to aeoure an ismie of K .vm.iiou a
Hr cent, bonds The capital stock of
the new company will t 13,500,000, all
cointiior,. or w hich I.'.IKIO.IKM is now to Im I
Issued
I to rfrirganiiition is lieinf; tirconi-'
pliahed through 1 sjmdlcsts ol old Amen-1
can silk Company aeourlty holdera, in-'
iiniiiiK Benjamin P. Cheney, .1. N. Bmlth. '
Samuel Appleton ami J, Newton Smith, j
ail f Boston; K. P. Metoalf, Providence; I
.lames Ii Caldwell, Troy, N V ; Osrardus '
Bmlth, Schenectady. N.i. i B K Bpinnev. I
Lynn, and hoihh twenty other subscribers
Plana for the now company provide r
an opportunity for oki ahareholdere to
equalise the loss they hay Miet.impit
tli rough subscribing to the 13,806,000
preferred ami M.OM.MO ooremon stock !
sauee which were put out by H v Ben- I
. nett A Co. and M ( CollitiH.
I kal)'s cl I arnliiK- a Million I p.
The report of the Missouri, Kuti-.i ami I
Texas liailway Company for the year 1
ended'lune so ifitt.ahoea nmss earnings
of I2S.0SS.38S an inoroas of I3.50S.S47;
sxponsca 01 s2u.1xn.a1a, r.11 mere. . ot
II. 430. 446; net ei rnings of 18,468,776, un
I iltrrewui of 11,086,481, mid ;i balituce ot
11.353.686. .1 tii hi of $.Trti.j2;t Tli.. balanc
of ;b" surplus over Hi" preferred atock
dividend n equal to 1 wM per cent earned
I on the 166,860,800 common atook, as coin
pared with 83 percent earned iii th" pre
vlous year lite balance sheet of the
company shows assets ol 8315,805,666,
! as oompared with 1306,383.583 in ih.- pre-
ceding yesr
rill: GRAIN VARKETH.
' H'beal lllalier adt rnp tCCOIMtl I'roni
llnssla anil Renewed Talk m lrol Iii
trarnlliis l orn I p Ton.
wheat prices movsd up somswhat on
continusd wet and unfavorabls S'ssther
I in tl.e Northwest, small oountr' offerings
. there, a recurrence of the frost talk In trgen
jtina ami uoui unfavorable won sdvicss
I from itussia I here was, naturally snough,
onaidsrabls shor' covering Interior mills
as well as som of ths Northwestern ones
, it appears have latterly had a good flour
1 rude Also Minneapolis ysfctertfs? rsported
a goorl cash drmaiid and the ssh tnarkSI .
a' Kansas I itv was strong sorno of the '
I 1 anadiau crop advices ot late have beau
.had But the North WOatei 11 receipla were 1
again heaw. the rncr 1 umni report wa
1 tavoralue and some of the foreign msrksts
, asre lover, i'arfsdsi lining 10 . Ituds
. iie. lilt., while Antwerp was llUcllStlged
to -,i . low erand lierlln I "II 1 10 lc
i orn sdyanceo on short I'ovsriue, winch
wss Israely inspired by continued ralnn
'ai the West The Kast wss buying in Peoria
latterly there have heeu numerous crop
dainags lomplainta Hat adianied vtith
other grain and in sympathy with high'i
1 ssh markets at too West
Mil SPOT MM1KHS
Wheat firm No red. 8k,c elevator,
export t'P. Sales for SXpoH wen se.iMio
bush Corn ciulst; No 3, 7Jk' 1 0 b Expon
sales were 94,000 bush Oats ciulst; stand
ards. 53c. No ' while. 58Hl ruturss here
weta ms follows
OSSS ij''
intl fit
lot's l"1'
Low
rjf
l"-?a
rial I'm
irip ('lost
no', inn
It tei
Dei ember
Mnv .
t HI 4t.
ere a, follow I
Opt Hoh ItOU
W'hr'jl ma fU r-t
pei imhsr lit ' 8M4 uj't.
Mm ticii4 , iiii't l(li
JUl! Illll, llll', llii',
I irn
liacembsr aiSi R ''' si,
list us am
(i. (in
fh'luliai
tjaiiambsr 7. is iv.
Mil' .'! v '',,4 Kl'l
I-ins ;r
rid ( 'loll
ysi.
im'
ItlMj
in.'.
iimi .
4(11,.
'1 11 Ml M MIK SI I
lluea ii'iiii
"it rnt
lice l'l-i T ltls-B
Mm 1 1 r . IS a
lie. Hill, Kim,
Mo llli, 1 1L2
in-. !;, ' , iif.i.
1 1.-1 vt mi
IMS' li:.', 1.'.
1 1 1'.- Irili, nil' ,
lnv I'I". 'II. i,
I in ll;, .till,
US) l"-"v 'ln UB1!
pee ii7'. Wt
l i in:", 1'ki
Di'l 1.1 ll',
Qse 8144 -M 81
liar SI14 U4
.(
(Vat I'ri'r
I I'll t itHi
111-', III?'.
ii ht i
Hisses pulli
11'.", l, IIL".
no
1111,
ll.'.
ul'in
iiinil'i ii
US' .
I Tolertn
KSRSSI Cltl
SI l.t.lll-
diif
tllnillptl
mi,
IIA.,
ln:l, ,
HI'.
HI.'
in.
" .' .
07a
ISITff I
ines i"-' i:
18 uia 1:.
Kansa- 1 lly
SI l.nills
Mi4
sits
SMi
HI I
Flour was In (sir demand Snd Arm. Hprlns
I patents were rpioted 111 I5.5U48I8, and BpiinK
Icleari) ai 44 ju'u4 7i
White, Weld & Co
Bonds and Investment Securities
5 Naasta Street The Rookery
New York Chicago
j Windsor Trust Company
STATEMENT
ASSRTS
$2,912,652. 10
.1,61 6,302. 39
A49,097.5A
Cash
Loans and Bills Pur-
chased -IS.Y.StsteA
City Bonds
Other Securltlea - -Bonds
and Mortgages
Real Relate - - -Accrued
Interest Re
celvable -
1.126,925.61
650,553.31
353,395.57
38,744.50
19,577.671.06
ASSETS
$5,949,056..1
9,877,671.06
An Increase of over 60' ;
June
Sept.
DIRECTORS
A t'f.t ST HFI.MOM. .lit
Viitruai lielmont A To.
' FRANK O. BKIiiliN
Trtssurtr Uoebllnp Constriirllon Co.
MKI'HES S. IION'D
Honl S (Joodwln
V KIIMIV C, IIKOWV
rrt on P tirown A Co
A I. ON 711 III HIUNk
rm-loenl IntSRlStlsnsI I'tper Co.
.IAMF..S A. Ill Kill S
preSMSBI liuraen Iron Works
i mm v (I. A UK
Vlrrfrfs lr' National Hsrk. Iietroli, Mlrh
t ill III UN k I.. U l.ltllM.K
Vlrr-I'ri sl.lriit of ihe Comrin
I. HARIt FORI!
I'rrs
First Natlanal lank. MOrnSleWS, n. J,
.iavii s (I AT LBV
New York
Al l. 1ST lll'l K si III Ii
New .lrrey 2iac 1 omi't'iv
vi mi i lll ltsoN
ire President of the Company
M.AKIi
Presideal uf
El' ROPE
IIEI.I'S lIH .STHIES.
Tliat
ihe Onl l.oirrnment Inirrrer-
saee Prrsldrnt Hronn found.
v c Brown preeident Of the New York
Central, who returned yeaterday by the
White star linef Majeat lo from a alx weeks
inotoi tour of Kit rope, snd tin reports of
damaije to tli" i r' ip of Rurope bv drought
were exaggerated. Theorope had rij-ened
before the I egilining of the drought, wliich
btirtied ih" pnsturee,
Mr Brown wa Inspired bv observation
0 1 the railroad strike ii, F.ngland t nolo
that mtes were much higher than ours
and thai the wages were u per oent, leas,
lit best railroads store named an I
operated bv Corporations and the wors
were nwtteo andsopearted by the Qovern
ment. The only Ooveronient Intel ferenoe
in ihe iiKiiiifnctiiriitg i'niuatriea. Sir.
Brown sakl, wis of a helpful nature.
Qer puny was going pbesd very swiftly
MARIS' E INT KL lAli E IE.
UltUATI'ltS ALMANAC THIS PAT.
S in rl-e h .T Sun -rl. i S.I Mimn et
mint watss nits pay
Bsads Heok 5 i dot i.un,i n ia Men oets
Arrlied-THt nanr. Oelober '
Si Dsrbsruaas, Bremen, sepi.
Sa Germauls. Llabos, Sept IS
Sa I'ain. Hstrsa,gspi n
Sa itiarNna, Flstterdaai. Sepl ''
Hsticorfls, Almsrls, Sept. i?
SS TseuS llernuiila. Oct. 3
Aneos. CrlatoMi. sept 2
Ha Ssraps, KiusAtou Sepl so
Ss A Intian-a BSTSCOS. Sept 18
Hat urarar.. Sun Juan, Sept, Si
Ha joisaao di Otortw l'nn taMBlo Bspl
a Mlnaesois, Saraeoa, sent m
Ha Prtueua, Nes iirienn., sept cki.
Hi Huron. Jsckaoei His, Oct, I
HaCH) "f Munisnmer) Ssvssash, net ?
m. Hsmlltnn, Virfui .. tiet 4
Hi Manna Lain bslilmere, net X
AIiaiYKti OCT 6
Kalaeria Intuits icinria at PlymouUi from
,'ew nrk
ss Ls rruVSSee, ,il Hare fr.ini New Yorl..
.. putMtatn, ' Ueulogse fruni t.i Yorti
a.!! r.l Kll.lU
. Oceania tot e
. hiliir tor nm ',
fori 10s I'uiiia
nr., from dusensiQ
.1 k from l.l. rrpoul
11 roots , sraAMsairs.
t iir Sq1 j
PHlM W 'I 'tn ill , lift tl Dili A M I (JU)' U !
Hpfumm 1 n.i -.I i i M a i' (
Ittrrtiheld. Buenoi Ay tr i m a U ft v M '
SnoUftfo Sample o 12 00 m
VpACtif. -'A' k-mi tl if l ik) V M
lu.uiiioit. Norfoiu . a p i
MtiU I 'i mnrrtni ,
st leonlft, Bouthftinpton AtRi v v Bid y ,
MtJftMlc. Mouthimpton I 1 ItaOM
l --ifnrtM. -iri Ltmon " ipo V VI nei
Stephtno, XewfoiinulMid 7 SO A Ij ii cm , M
i aire. ttrrntuUa nm M loin u
roAtnu, Man Jutfl m i:'m
K-rttoffa. Havana idi-ovm i n - w
Hcnmn 1 1, Jamali h n i si m j qq i
Oerana, Mrrmttda II W M 2 ' il M
I ma, FiarbaUo 1 1 M i U 00 ' M '
Ml one tonka Uind-ifti win a m
' tle-tifin tM i ltu-r'" Nihi M
Victoria l.ulor linrimit . . ihivi a m
Tanrmlna, Kapta ll 00 Ail
i.apiand. Antwerp 1000 4 M
K.irntd Albei . Itifmti . 10(10 A M I
i.M"knharh. Porta Rico 1100 B
Huron. Jickaonvllla . . i in p t
Danver. flatvaaton i no w
Aia-no. Tantpa up .i ,
I . nf liontfomtt v 'annnah . f 00 P Mi
prlnetM Anno. X'-rfoik suo p U 1
Shit 'tutiHay, Ocoe a
Drumertoi M'ntr Hm . vi M e tat a m i
-.ii tfontfo-v. Octohtr e
Savamacru Paramaribo it 01 U i Qfl t i i
Madlaon. Norfolk .. . 3 p U :
im OafUfO i E AMamva
lur To (tiifc.
l' iriiv l.i-ndnn spi ia
iMiarlola Hottsrdsin smi 17
Arsastlas rstrss Sept 18
vufturso. . Rottsrdssi Sept -I
I KelvlstlSSd .rsrs Sent L'l
Virginia llairp sppi n
KSSIS !) liMnM-rt Niit. ?ii
I ( icesns Hermuds Oct. 4
. t'lionia . . (ilbrall 11 Hspl 18
Mebesfeli llsisburi Sspt.fl
1 Kluto ' llbrsltst spi 2i
1 jtriardlna IfOnden sepi 21
1 siephsso. Hsllrss ci. s
Oednr l.nrSrpool pt : ,
U'alabrll (illiraitar Si.pt it .
tnvrrciyda illbrsltsr Rtpt. 88
Nsrrsfsntslt l-ondnn Sspt. 88
1 oiur. 1 rlatobsl. Rspt. M t
lalontersii VersCrui sspt. s8
' n vniie... (islvaaiim Sspi.,10
Hlu tlrssds.... Hrusswlrk. Oot, 9 1
1 f To isorsov.
, A nirr' S A lliiiiitiut it Srpl ?9
i.'i lAirraluc Havre Sepl so
Nea urli HoulhsSiplon Ssat.lo
Inillan.i KDWS)' Srpl 'li
A'tal llBvann (Irl J
Arspsties ttarksssvllle. , Oct, i
rilv of f.'oluinbiii si. aiiiuth Hei 1
Oklshoma I'uri xnhur srpi .-s
Uue iSliriday, tlctQtirr H.
fleorff Waihlnsloii I lisrSuuri Oct. 2
Snmnili Lfverpaol Srpi ID
(1.1 im. bin 1. 1 (rim Hep! .10
Dura d Aimtn Li-nun Sept. 28
Algisiiiuin i'uri.. Ninti.1 O01 :i
1 sai. Msreui Key VVssl Opt 4 .
iii llsreonl W Irrlfss,
I s- ralabrls, for m Vnrk. wi1 fSD inllrn S8SI
uf Siu.ill Hook al (l I'i A M islrnlii
1 Sk irjrrallns, tor nv ork, was 77 mill-
eSSI uf Sa ml llook a' 11 Vi A M
Si. AiihtIIih. fill' Sies iirl. huh 7?.'. inllfi rail
nf NsjldY H'i'ill nl '. K' M
.ss st 1 iiireni for Slew Vork, was ?:ii tt.iip.
i n .1 ui Hand) Hook at I0JP A. M.
sa ,su piiatiiv fin 9w Vork, S'sa 878 mllss sssl
nf Sand) Hook m s a m
Ss V'lrslpte, fin Xew Vorki S'ss BOO mllss asi
1 uf Samli JI11.il. aid P. M.
Ss 1 ulunil'lii. fui New Norli. i I.QflU IDIISS
III nf Saiulv 1 1 111. 1, at s 411 A. M.
Ss I. a l.urialiir for New lOrk, was mil mllii
rasi .if sand) 11 ai 1:18 P. m
ss i 'penaha.itor New voru, uaa ra mlira
ent 1 uf ' ar BSCS al 1 I. 81.
s- ..in., ia. lor -i'i.' inrs. VSS 41ta nUss eau
of ( apr Km - hi ft in I' ,
Si l.ustlSlllSi ISf Nsw Vorki w"s '" miles eaal
uf 1 ape Hai'e at d P M
Ss Oilrlr. fur Ni-u "iiirL. was 110 nillea fall of
aiiu , Huok ui 10 I'. I),
SEPTEMBER 2. 1911.
LIABILITIES
! Capital - - - -$1,000,000.00
Surplus .... 1,000,000.00
Undivided Profits. - 9.29I.JS
I Reserved for Taxes etc. 15,31 1.. SI
Accrued Interest Pay-
able 23,706.89
Checks Outstanding . 632,065.40
Deposita .... 6,897,292.91
$9,577,671 06
DEPOSITS
$4,496,537 81
6,897,292.91
7, 1911
29, 1911
An increase of over 80
CHARLES MAC VEAtill
StelMMl. Jfnnlrr. A ItuMrll
ROBERT H tli l HIM
HeCurdV. Hrndrrnoti A Co
A. CORDON NORRIE
New York
HERY T. OXNARIt
Atnerlran UrftSuearCo
ROBERT V. PERKINS
Preemeiil lUriforil Curnrl (orpormlon
WILLIAM LOWELL PuNaM
Putnam. Putnam 4 llrll. lioston
,IOKtAN .1. ROLLINS
Holllntt A Kolllnti
.IOHN- H. STOKI K
Treaaurer Wood Harmon Truan
ARTTII'R Tl iimu l.l,
i'osi A Flacr
rORN'EI.II'S VA N UK Kit III
Nf York
CHARLES I. WETMORE
Warren A Wrtmore
Kt.EKTON I.. NINTH KOP. ,IR.
WILLIAMS
n lllllirup k riim(Mi
I lie Company
ItKPORT OK rm: COXntTlON ok
THE TRUST COMPANY OF AMERICA
at l ie riesr nf buslaeaa on 1
ami iiaj of Sep
irinbrr. IS1I.
RRSOtTRCRS
llondi and mortssgen
MKsk and hood Investments
Public aeeurttfea. mariiei esii
i.w.i.Baini)
Ka?.MI A4
S.MS.ISI ;.i
II.STS4U.S!I
'. mi: ' 11
:.imn,Mn.m
6487XMS.il
IMOdttJi
tta.fM.ao
8,430
Vtl
nti.rr Becurlnea, market vsiue
ussaa
ovsntrsfts
Ileal estate
Due from trusi ronpaolea. bank! an I
saaksrs
Mosela
Legal lender SOtei and nine, ,.f na
tlnnal liaiin
Caaa iteats.
iJI'u-r SSSStS, Vlf
Advance 10 trusts - ,r, 4;,
Ai-erued interest en
, 'eied. i.u.isrr 14
AlteniSa Interest not
entereil gjM,1
an .iu ift
188,477,887 10
Total .
I.l Al'.ll.lTHS
'sella I illicit
i:.nno.i-n ni
Burptua, Includtni i-u undtvldad
lironu .
I'apaM dlvldsada iioiiahi
llerrved fur tales isjCT.Ta
I'referreil depoalis l,nn.MS.SII
10 PSpeSltS not prefrrreil is.ITSJl7l.Sl
Itue irusi rnmpAtiirs.
liankA and tapakerx I.S4SJMS.S7
" ' l'nui depoelU
llther llahfllttss. rti
A48.MS m
IT.-.74 a;
. unieera ,iir.i(s
Aeerues ir.u-n-xi
1 tere-1
. AeeTssd Interest
entered .
s-is .-
ISS.700 11,
!i,4.t
I Total IM,I7,Sr,'.8D
Stale of Stm Vers founts of Xe r,
I HBRMAM DOWI), lies PreMdi .t. ami R s
Jt HSllN. Sn-retar of I lie Trul t'OfflPSSS of
! ABtsra-A, liw-ated and ttolni bualanti ai So JT
aii st and Hcosdwav, hi ihe i it of
JWS. in ism iimn" . belni dul uorn each for
himself. a:. the rererolns rviwrl l.i trua and
eorrset In mi res;., t- 10 1 ie i 1 Ms knowl
edar and heilef. ant I r. funnel tay I'iSI tte
nausl buslasaa of iai i ir.iM i-oitiiiii i,as been
irsassrltM at Tn- loestlos require 1 i. 1 .e Hani,
'.111: Law irliap. ; of t it 1 .,1 i.:,s
amended' and tan! elaewi nr. and I'iSI I'm atiiiv
rr-.mrt Ii In tne lorni rr rU..-.l I, tiie Huperln
irndent ot iiani:s and la made ii rompttance
srita an otllelsl soilie reeetved fn.r.i htm deals
nstlas t :e :"jtli ilai of Si'l.-ner. lull as tne
; day ot wuk-h lurli report hall in made
ill'i-.M in iw ii. ire I'realdeni
I Jl'lMON. Saeretsri
Ssvsrslli s. sa, ,n ,1 , .0,n 1 . l i,.,ni de
iivmip, 1 r .ill tit) or 1 '. oi 1 .1111 1 .nn,',
0i n
l i s
1 8 II- , V .
M Min KKK.
t orl. i iniui
p
is
.Emergency
Desks
Chairs
Tables
Wood
and
Steel
Filing
Cabinets
Srrlional
leak cstet
Steel
Cabinet
Safes
Orders
Adequate stock
insures prompt
deliveries.
The resources
of our factory
(lsrgest in the world)
make it possible
for us to fill
large orders on
demand.
.1KO-3H2 n(H4i.. 4'i
Wkllr. (.
PASSa 1 ranklln U10
SR7I .IMP
MINNEAPOLIS AMI ST. Iffiim
Hiot h Inersase, sa ttni u. iiomi lasus, to
lie I .a III Hi-fore Morkholilera.
A eptinl meelinK of stoollholdsrs of the
Minneapolis nnd St. lamia Hailnmd Com
pany will ha oallsd to sutborlso an In-
OTSSaS of SH.lsw.noo in tiie firef erred "lock,
nno of 38.000. 000 in the common atock
ond to aaaent to the manammont'a
duns for a new 176,000,000 refunding bond
ishue 1 he Olrsotora do not plan to ihsne
any of the new Htm'k vet v aoon. Iml pari
of the DOndS limy lie Hold lo fnoiliiate
gertaln addltlona and itnprovemests.
Tin- understanding among railroad men
la that the Iowa Antral Will lie leased In
the Minnas polls and St. lUls liefore the
building of sstensions winch will connect
the oonaolldated Hawlsy lines with one
or more of the Canadian transoontinsntal
systems in estanslon into st. I.ouis
ia another Huwley projeot.
The new bonds will constitute a first
mortgage on tin new estanalona bull)
and will In ,1 first hen on Ihe Minnesota.
Dakota and Pacific Railway, which will
eventually baanaorbed by the Minneapolis
nnd St. ,oula,
The uroaanl outstanding Indsbtadneas
of the Minneapolis and si. Iiouis is jo,.
l48,(ino 1 in- Cowa Central haa liVjMO.noo
bonds oiiistulidiiiK Newman Krb left
last flight lor an lltapsotlon of ths Ilawloy
lines Involved in the above transactiona.
Mew Mexican 4'lileta III Rallwsy Hoard.
At the nnnunl meeting of the Nutionsl
Railwnya of Mexico Ignnrio de la Maria
Onntnvo Madero. Manuel Trquidl snd
loBf Simon were elected directors to
succeed Jo V I.imantour. E 0. Creel,
Iticlmrd Honey snd M 0, Ribnn, all "re
tired " Walter T Koseu of the house of
Equipment Notes to Net &
We offer the 8 Equipment Trust
Notes, Series "S," of the St. Louis & San
Francisco Railroad Company. Price,
par and interest. Particulars on appli
cation. Ask for Circular E S'U.
Guaranty Trust Company
of New York
28 Nassau Street .
Fifth Avenue Branch,
Sth Ave- 43d St.
Capital and Surplus,
Deposits, . .
CHARTERED 1566
Brooklyn Trust Company
MEMBER NEW YORK CLEARINV. HOCSK ASSOCIATION.
Main Office: 177-179 Montague St.
Branch: Bedford Ave and Fulton St.
Manhattan Office: Corner Wall Street ft Broadway.
Capital SI, 000,000 Undivided Profit 02,307,093
TRISTEES
David H. Lanman
Frank l.yman
Hnw.iril W. Maxwell
Theodore F. Miller
Willis L. Oftdrn
Joseph K. Owens
Thomes T. Berr
Samuel W, Boorook
eorte W. Chaunrev
William N. Dykmsn
William Heater
Francis L. Bine
William A. Jamison
FISCAL AGENT FOR CORPORATIONS AND INDIVIDUAL
GUARDIAN - TRUSTEE
THEk
STANDARD TRUST'COMPANY
OF; NEW YORK
25 Broad Street.
omcr.as
WILLtsat C. LANE, Prrt.sent
PRANK K STl'ROle WILLIAM f COX. Vle.PriliIent. .
CUARI.ce M. BILLINGS. Seeratarv
E. BR AINERD UI LKLBT. ZEI.AH VAN LOAN. Aaiit. Hvrtarlef .
ALLOWS nCTKMST ON REPOS1TS SI BJECT TO CHJtQI E. 1
issfKa otMW dearino rgRTtnt attw or deposit.
EXECUTOR AND ADMINISTRATOR
TRANS FE R AGENT
On the Continent of Europe experienced in
vestors purchase Mortgages only from the companies
which guarantee these investments.
LAWYERS MORTGAGE COMPANY
RICHARD M. HURD, President
CAPITAL & SURPLUS', $6,000,000
jg Liberty .Street, Manhattan i S4 Montaeue Street, Brooklyn
ItKPORT OF THR CONDITION lit I II:
franklin TruSl Company
At hr cioHP of buirit-s. on the Ufh u of Mrp
trir.tirr. mil:
RKSUtTRCRfl
BOa da and mornairpv $7eMi,7noi.n
Stock ani boad i iwaunoata, 1
t'tibiir iecurttlcft. mftrkal vinp 1,000101 -v
uitnr MCtirltMNit nirtrlifi huip I,50,fl07.00
1 eOft'tK . ft.-VU7.fca. HI
tlvirl:-af 4.4M
Upai fiatr 5M.000 'a.'
lu" Irom rn;! t'ii'ii..ir, Im'.i-
Ond hnkrrs 1 ,501 611:' -Ml
SpCTw 1 .-vuTa UB
1 legal w i4" nutea and notes of
bat tonal I'd ii. 373, no no
1 a-ti Hem :64.i;ia 7
lhrr BOOeta v f
Accrued 1 itereal not entered "-7.117 oo
Tumi . ,I.V7S ,TM 37
1 I ltli.l I'll S
lapltol atock Si .' 'aai mi
Siirplua. 1 .i 1 i 1 1 ic ii
pronu
Heaei ed Im la ssi
pretei red df poatti
1 lepoalii not preferred
IS18.BB7
in .-ai ,808 88
r.isi ."u :u
iiur irii-- rampAlien,
haul.- rtnil la. i!.!t -
Other llablllllss, .
Olllssra ehsoka .
a. 1 rni-ti Inisrsal uot ii
tireil
Itebste rm unearned in
lercat
ISA.818 711
A'.l'VH .11
10.008 i
I Total 318478,788.31
I StsM of NSW Y9rk . 1 01111 1 of hlinrs.
1 1111111 11 nisi, miiiiii, i-rrsuirni. ai.u
I QKOHUc BWITZKB, Aaslstsnl Ssorotsrs of;
, I ranklln I'ruat l'onipan. lorn'ml ami iloltm
b.ialness al Not, 1st Moiuasni- Itrsst. .ftu rul 1
1011 ii.-r' and uoa llroaiiwa,. In i hi Huruiiffh of '
Hrooklin. ' It) of Nrw ork, In laid COSOt) .
tl ol) IWOin, each for hln-.srlr. sain the torfffouii
' report li irur and oorrsel In all respect-., to the ,
j best of tilft knowledge ami belief, ami they fur- :
i thrr sa that the uiual business uf said trust j
1 eontnatii baa been transacted at the lnralluti
I reoulred b the flauklnf Law Chap roftheCon- 1
. aolldaied I.khh an anienueo.. and not elsewhere. ,
I and that iheaboi e rep-!-. Is in the form preset Ibeu
b the Supsrlntsndsat of Pssks, and Is made in 1
tompUaner with a:i official nsltcl rsCClvSa from
( him. asilgosttns 'he l8tb ds) of Stptsnbsr,
lull, as the da) of whlrh such tepoit shall be 1
made.
ARTHt'O HI SO WOOD. President
OKOHaK hh 1T1 it. st Sscrstsry. 1
I Kevrmllv siihsi-rlhed and sworn to bv both '
dtpaasats, 'he bis dm uf October, iai3 befo.e
1111
' 1Hr.1l of NOtSM .1 ilOSKPH K- ORIPPIN,
I Nmar. Public, KlOfa County.
'erilOcsta filed in Nes 1 ors i ouaty.
PI 888.88' x'TM'Ki,
i I'ursuani to staiutoiA reoulri'me.it. notice Is
herein glen Ihal au ael. SSSSlI No. ;:ilft. Int.
No 1711. h,is been passed Iii both bra.ches of
i Ihe lssillsturs, rntllled
AN ACT
i TO AMRXPCHAHTERTHREfJ.Ht'NDBniJ ND
BIXTf i 'I'm' laws ok SlNETKKN hi n
I PHBDAND I I. i:KN. BOTITLKp "AN ACT TO
I PIIOMOTI Tit) III M.Ttt AM) Kl'KICIKNl
OK POLICE MEN IN 'ITU'S OK THE KIRST
NU SECOND l I. VSS. IN Ket, IT) ON TO I 'HK
I APPI.TCATION oi SAID T TO THE t'tTV
I OF NBW mirk
i Kuriher notice Is lien-by jhen Ihal a Public
I tleartnii i such bill will be held al the Mayor's
tiles la me Clly Hall, In the Cltl of New orll.
I mi Momlas . October nib tun. ai ll n . luck 1
Dated t ll Mall. New ) "l k l niuber nil. I Ml I
I WIII.UM .I l.WM'lt. Mann
' Hlale nf New York, Ranking Drparl inrnl .
i N'oilce to rrsdllora nf CARNKtllK SAKE l'l
i POSIT co , Ne.i Vork, n
I'ursuani lo the Pru I'luns uf Sectiun 111 nf lit"
iiankitiK bss of 'he Rtate 'f New Vork. bslas
'chapti'i 2 uf the i misuii tu tea Laws ii i amended
hi . hauler 88of is Uswaof win. "..ii. i' la hereby
nl. en tn all pcraooi sbu nuc hsverlalmasffslaat
Ksrassl' Haft llepoall Co., yew Vork, I'., m
present me same i.i iii nsderalsnsd. Superln
li'ililrnl nf HaSkl "I the Slate nf cu Vurk, DBd
nuike li-tal proof tl"' t ni the olllce ..f llu car
liekl' Safe llepolll Co . Nn 118 OroadWIIV, Nrlv
Vork. K. v up nr before iisiiusn StH, lots,
i iintcti September SOth. nn
UKOHtll i UM'W li Sum uf Dunks.
IIIVIBIKMtM AMI INTKBfWT,
pit i mi i in. ii iiiai. rnsi'iM,
Plttsburifh. October . inn.
The Hoard of Directors SSI this day declared
a dli idend of one ami one .p, nrtcr ilWj psrceut,
on the I'referreil Slock. pa)abie Ociolier 2.Mh,
1011, 10 stock holders of record at the close of
business October istn, 1811
K. .1 I eMOVN'K. Secretary.
Iadenbur, Thaliniuss t o. w also
elected s director to Hjcoecd Ernai Thal
manti, reigned Other directors were
reelected
London Office,
33 Lombard St., E. C.
. $23,000,000
. 163,000,000
John ,1. Plerrepont
Charles M. Pratt
(eorae f. Reynolds
Char Ira A. Aehleren
J.H. Walbrldge
Alexander M. White
W illls D. Wood
- RECEIVER - AGENT
New.YorkN.'.Yia
KDWARP M F MILLER. Treaaurar.
4
AND REGISTRAR
HI KKAI.O. K(K Ills I Kit A 1IIIMU K4.H
it a 11. ta A Y COM PA N V.
BBRICfl C Wrt KWl' IPMKNT THl'ST PONDS.
Sinking Fund Notice.
NOTICE IS HBHbBY GIVEN, aa provided In
rtl'h Mil of the (rrt'rnieni aenirtng the above
bonds, ihat aealed oflers will be rerclved up 10
2 M on the nrst dA) of Ntnembcr. 1011. by the
unilerMifnrti ai It- ninVr. 2 Nasaan Street. New
YorK. for the sab' to It a Trustee, ai a price not
eti'ceitlnic par ami a' rrnel tnteret. of sufficient
or the above described bond a to cxhatiM the awn
.f (ine hundred Utouoandi all hundred und forn
riirht tlollar- and thli teen rent. S100.640.lSi.
iitT-r. shi t j IU be pooled "it endorse! oflcra for
ule of Buffalo. KocIkMit c Pittsburgh Hallway
Cot.ipnn Belief ' I'qulptnent KoDds to Sinking
I ii!Kl. aim nddrrt.l to the I It 1 s r DI PART
MI I.
OVA n ANTV TRT8T COMPANY OP N R W YORK.
R) 1 HRMPHILLi I resident.
New Yorl.. t t tobrt . Hl I
111 1 lit: 1101 id its or miMi ms
slklM. H M H' III I TKRAI.
1 ni si PIKS1 MOavraAoa bonds or
I Hi: (74888 PITINO SCAUi CUM PANT
ni' 88IBRICA.
Tin undcratfosd Irustss dsslrcs, under au-
Oiurllv uf sai l niur'ifaK''. lo expend Ihe sum of
Twenty ibouasnd. oos h' iSdrsd 'i.-M" aevrn apd
1 an 'lulls rs iSSO,ls7.t)4J In the purchase of botada
,.f al.l 'ssi.c. prcv IdeJ auch purchase ran In tta
opinion I"' nuu nisdS ailvAntai;rouali .
Healed ntiers uf sai l tiiiiids may be sent 10 the
Knlrkarborker Truat Coatpsay, mi Rrnadway.
eu Vork c'liv. on 01 before November 88, isi't
KNK KKRBOTKKR TRUST COUPAVY. Trustee.
H PRANCIS HKNDP.RiSON Vlee President.
New 0Tli, Seplemher 7J. 1011
DIMIII Nil- AND I NTF.lt I '.ST.
bill IIIF.lt RAILWAY COMPANY
jo Church Sireei. New "iork. September :, isil.
A DlVIpENp OK ON K PER CENT, ni out
of aeciinmlaied Income has been declared on the
PRKI KIiRi.U STtK K of ihe Company, payable
October :i0. HUT, to siockholdrrs of recoru at the
close of business, October 14. inn
it I). l.A VKKORD, Secretary.
M Wall S'reei. New Vork, September Z8. 1811.
On October sn. 101 1, ihe Voting Trustee, for
Preferred stork Trust Certificates of tha souihem
, Hallway company. WHICH HAVE ASSENTED
To THE EXTENSION ACRKKUENT Br AU
l.l ST tl 1801, win be prrpared to distribute ihe
, aboye dUTdend of one per ca . (1 when re
ceived by them, amonf ihe parlies entitled thereto,
as same appear of record on their hooka st tha
rlosr of buslneil October 11. 1811.
J p iiuKh.w a co.,
I Ageits for Voting Trustees
! American Malt Corporation
I 15 KvrhHnie Plarr. Jomy VUj, V J.
Thr Board of Dlrrrtorp, havf d-ffUrrii a dlvl
dend Of FOUR PBBCKNT. oq the Preferred Stock
, of ihe i nroiMloii. payable In two luMalmanta..
nanirK . : on Noxcniber 2. 1911. and 1 on May
9 1 1913, i" Mot kholaers of record at the cloae of
ihe irar.sffi liooV. respectively on October 1ft
' 1U11, ai.ii April ID, 1912
HEN KY BOORRKIKOi Treaaurtr.
September 27. 1911
UNITED FRUIT COMPANY.
DIVIDEND no. is.
I A quarterly illyklend of two per cent on tha
1 caplial stock of this company has been declared
pas able October II, 1811, at the ofTlee of tha
rrsssursr, ii Stats street, noaton. Mm. to
Stock hold en of record at i tic close of busbies!
rssptsinbsr 88, ISII(
i II VIII.KS . HUBIARDi Treasurer
I'NITBD STATES itiiiiu.it iiinpaM.
18 li'oadway . New- orh. Oi'lubrr .llh. Illll
llu llo.ud uf DlrSCtOrs of the I nlted States
Rubber Company has this day declared from lis
uci nroQta s oiisrierl) dlvldsid or Tsra Per ceni
on me nisi preferred siock (tnrludlnf all out
stsndtiis "i.i "I'refsrred" stock i . a qusrterly dlvl
ie ut nf i im and ' ine half Hsrt's it on the second
preferred sioci. and a iiuarterli dlvslsud nf one
Perce,! oil ihe coiiiiuo i Btoeli 01 the company.
ii Stocltboldera of record ai :i I' M mi Monday.
October i At ii , lun. pai able Hlthoul rloslbl of
the Transfer Rooks. Oclobet n-i 1811'
.1 MI'S II I'OHU, Treasurer.
I UK I.AII.AII NAIIONAI.
HA k
of the I lls nf e iork.
The iv.ih ConserutiM' Senil Annual rilyldend.
New Nun.. September r7. ten.
I he nireeiors of thi- Hank have this day de
rlaied a dividend nf si I N I'lTt CRNT.. free of
ISI, pa, able on ami nf u : Oeiobei 8th, proilue.
to stoobboloora of reconi nwiubst
(il'Oltlil' I l.l'W IS, ashlae.
wi i im. lint si.
Herlrlc A Manufaiturlnc oinpanr.
New Vurk. Sri.teinUei J7 1SU.
A quarterly dividend of li 111 be paid
October l. ISll. "ii Ihe I'KI'.EEHHBP STOCK
Ihls company, to siuckhnlders nf record at tha
cluae of business on S'rt'rnber aoihisil
T. Wi SIEMON, Tresaursr,
a
t

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