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The morning journal-courier. (New Haven, Conn.) 1907-1913, January 13, 1908, Image 10

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20
THE MORNING JOURNAL-COURIER,' MONDAY, JANUARY 13, 1908.
REASONS
WHY YC4J STIOUI D 11 UK A CHECKING ACCOt XT HERE!
iiecausc your money Is safer in this hank than out of it.
I c use it Is a convenience, a necessity and help to every business man.
Tlio small merchant who lias a bank account establishes his credit lias
safety for Ills cash anil pays ills bills with, checks in a businesslike manner.
Uccause it caves (line, trouble and bookkeeping keeps your accounts
eiraigh!. You arc invited to open an account hero to-day.
WE
FINANCIAL REVIEW
Release of Large Supplies of
Credits Clears Banking
Situation.
SPECULATIVE SPIRIT ACTIVE
Return of Bank Funds to Central Re
serve Points Shows Absence
of Distrust.
11.
Now Yoi'Jc, Jan. 12. The rapid dear-
Ing up of the banking situation and the
xeleasejof large suppplies of credits j
to the money markets were the Im
portant features of last week's events
In the', financial world. The New York
hank statement of the previous week
gave the first decisive outline of the
turn In the situation. The statement
on saturaay snowing a d,uu,uuu um
plus has brilliantly confirmed the
week's Impressions. The effect has
pread throughout the money markets
of the world and has sent supplies
i Iback Into the loan market with some-
thing like a rush. It was obvious that
funds which had been . withheld
through a lingering spirit of distrust
of the banks' position or as a precau
tion against possible extra demands
, were returning freely to central re
serve points. The basis of credits is
greatly expanded by this process, ow
ing to the provision of the banking
law which permits banks outside the
reserve, centers to count as reserve two
thirds of thtlr cash when deposited
with banks In the reserve cities and
i banks in the reserve cities to count
s reserve half of. their cash when on
deposit with the central reserve (Cities.
The re-deposlt of these funds, there
fore, does not decrease the loaning
power of the depositing banks, while It
expends that of the depositary banks
fourfold for each dollar deposited.
The surrender of the privilege of
deposit of part of their cash in the re
serve and central reserve cities and
Its recall home In the panic was the
central factor in producing the bank
ing crisis and the retention of this
cash was the cause of the prolongation
j 'of the crisis and the maintenance of
the premium on currency. The anx
iety caused by that prolongation up
to the 'end of the year may be said to
be now completely dissipated so far as
ccommodatln to solvent business is
: coc'erned. New York has ceased to
iIfraw ff-nM frnm T.ntirtnn nnil ranM r-
. cuperatlon of the Hank of England
bullion holdings Has followed. The
Bank of France marked down its of
ficial discount rate from 4 to 3 1-2 per
'-. cent., at which It had stood previous to
our crisis and market rates of dis
count receded in all the foreign
markets. In New York the most im
portant effect of the new developments
was the springing up of an active de
mand for commercial paper from the
money lenders, which effectively re
lieved the deadlock In that depart
ment and quieted the fears of wide
spread embarrassment In the mercan
tile world from Inability to secure ex-
tension of large maturing obligations.
Increased offerings of funds in time
loans rapidly dissipated the premiums
over the legal Intercstss rates, which Is
also the rate home by clearing house
certificates. Hapld retirement of these
Instruments will be a result.
In the securities market the effect of
this Increase of facilities for conduct
ing speculative operations has been
pronounced. The resulting outbreak of
speculation showed Increasing anima
tion and was stimulated by various
professional devices and by the dis
semination of rumors of Important de
velopments. Some of these were defl-
rltely disproved by events and some
f failed of confirmation without causing
more than a temporary check to the
course of the speculation for the re
, covery. The need of a large uncov
ered short interest was an Important
contributing factor to the rapid ad-
...... .U I U 1 .... ..1 J I . ! . .
the material for much of the demand
forced by the bidding up of prices by
the; organised bull party In the mar
ket. In other directions there were not
lacking evidence of the effects on busi
ness and Industry of the reaction and
the halting, and Irregular movement of
the stock f maJVjt early In the week
was the reflection of these. The receiv
ership for the Chicago Great Western
brought Into question the ability of a
number of. other railroads to provide
fnr romini? ma IuHMpg nr lanra nnta if !
tmes put out during the stress of last
week. Embarrassments In the dia
mond trade uncovered one field of radi
cal impairment of demand caused by
the decline In prosperity and aroused
misgivings of analgous conditions in
other trades.
The organs of the iron and steel traue
tore witness to the drastic cut In the
country's Iron outpu which ha followed !
the business reaction. 'Railroad earn
ings reflect th! falling off in traffic
and traffic officials discern no s;?n of
future Improvement, whlli plans for
curtailment and economy are reported
from the railroad world pene-ally.
"Waiting capital requirements are large
and some sensitiveness was shown to
announcement of government's loans
abroad of the sale of additional New
York city revenue bonds and of the
probable early withdrawal of addition
al sums of government deprvslts with
the national banks. The repair of bank
facilities was on so Impressive a scale,
however, as tt carry an effect of good
cheer and encourage the revival of the
speculative spirit to a material extent.
ton, Hartford and New York with a
closing quotation of 133 to 134. The
rights to the new 6 per cent, convert
ible bonds of this company will expire
on Wednesday. Tlia price has advanc
ed from 3 3-i on Thursday to i 7-8 on
Saturday. The price of Boston &
illaine railroad keepij even with New
York, New Haven & Hartford.
It is estimated that 90 per cent, of in
number of the stockholders of the New
York, New Haven & Hartford residing
in Connecticut are availing themselves
of the privilege of subscribing to the
new 6 per cent, bonds in many cases
drawing money out of savings banks
to pay the first Installment and it is
estimated that about 65 per cent, of the
$40,000,000 Issue will be taken by pres
ent stockholders.
The dividend checks of 1 1-2 per cent j
mo ouumern .'(ew cngiana .tele
phone dividend checks are for 1 3-4 per
cent, and the American Telephone &
Telegraph company 2 per cent. The
Hudson River Telephone ' company
passes its dividend; it claims to need
tlie money for improvement of the
plant. In easy financial times it would
have raised capital by an issue of ne.v
stock, but tho management has not
thought it advisable to make the at
tempt during the last few months.
United Illuminating certificates of
new stock are now being mailed to Its
stockholders; upon the return of the
receipts of September 10 and January
10.
Swift and company Is in more de
mand at 97 to 98, the 5 per cent, bonds
of this company look cheap at 95.
. The Diamond Match company has
appointed tho Empire Trust company
transfer agent for its stock, heretofore
all stock being transferred only at the
office of the company in Chicago.
Coupons from the Mllliken Brother's
6 per cent bonds, due February 1, will
be paid any. time after January 10; the
receivers' certificates have have all
been retired and none are now out
standing. '
Hall Signal company directors have
concluded to Indefinitely defer the usual
quarterly dividend of 3-4 per cent, on
$1,900,000 common stock.
The Edison company of Boston Is
the fourth largest tax payer in Bos
ton. The five largest are:
Boston & A. IK. R.. ..$16,259,300 $238,491
Boston Terminal 15,079,100 239,754
Boston Con. Gas. 13,502,200 214.6S4
B. & M. R. R 8,660.000 , 137.694
Edison Eletcrlc 13,502,200 214,646
The ninth largest Is
N. Y., N. & H. R. R. 6,883,400 93,546
The clearings and balances of the
New Haven banks for the week end
ing Jan. 11 and for the corresponding
week of last year are furnished by the
New Haven clearins house:
CLOSING PRICES.
Reported over private wires of Prince
& Whitely, members of the New
York and Boston Stock Exchange!
New York office, 62 Broadway and
Center street. New Haven,
Xit York. Jan. 1
Adams Express Co 164
Amal. Copper 60
Am Car Foundry Co. .... 31
do pfd 89
Am Cotton Oil 34
do pfd 84
Am Express Co 185
Am Hide & Leather pfd 14
Am Ice Securities
Am Linseed Co. '
do pfd. . . : 20
Am Locomotive Co.
17
36
do pfd 87
Am Smelt and Refin. Co. 77
do pfd 96
Am Sugar Refin. Co 110
do pfd HI
Am Woolen Co 19
Anaconda Cop. Mln. Co.. 31Vs
Atchi. Top. & St Fe.... 10Vi
do pfd. , . . . . 85
Atlantic Coast Line 11)
do pfd. . 80
Bay State Gas Co 1
Brooklyn Rap Trans Co. 43
Broklyn Union Gas Co.. . 93
Brunswick Co C
Canada Southern 67
Canadian Pacific 158
Central Leather 17
do pfd 80
Cen, of New Jersey .... 180
Ches. & Ohio 31
Chicago &' Alton 12
do pfd
Chi. & E. Illinois pfd. .. .
Chi. & Gt. Western 5
do A pfd. 24
Chi., Mil. & St. P 115
' do pfd 144
Chi. & Northwest 151
C. R. I. & P. C. 4 pc bds 62
Chi., St, P., M. & Omaha 125
Chi. Term. Trans 3
do pfd. e 11
Cleve., C. C. & St. L . , . . 68
Colorado Fuel & Iron . . 19
Colorado Southern 26
Consolidated Gas 105
Del. & Hudson 166
Del. Lack. & West 485
Distillers Sec. Co '. 33
Erie 16
do 1st pfd ,34
do 2d pfd . 23
Geneal Electric 121
Gt. Northern pfd'. 122
Hocking Valley Rets. .. 74
do pfd. ...5 73
Illinois Central 127
Inter. Hetropolitan 7
Inter. Paper Co. ....... 8
do pfd ' 55 .
Iowa Central 10
Kan. C, Ft. C. & M. pfd 68
Kan. City Southern ,'. . . 23
do pfd. 51
Lake Erie & Western . . 14
Louis. & Nash 96
Manhattan Elevated .... J20
Mexican Central 16
Mo., Kan. & Texas .... 26
do pfd.. 58
Missouri Pacific 41
National Biscuit 74
National Lead Co. ... .'. . 40
N. Y. Air Brake 65
. 1908.
Clearings
Balances. 1907.
Clearings
Jan
Jan 7
Jan 8
Jan 9
Jan 10
Jan 11
669,372.51 $197,639.91 $445,302.72
485,430.72 91,778.09 614.'S16.04
417,191.33 56,821.93 512,336.15
545,948.31 97,496:10 474,672.46
479,583.18 149,128.49 515,472.39
455 777.65 115,341.03 U5,2S0..'7
$3,083,303 $708,205.55 $2,K'7.460.C3
Increase clearings 1908, $12'S,913.67,
balances week 1907. $537,35 ; dlffer
erence balances, J170.S46.59; clearings
week 1906, $1!67,036.25; clearings week
1905, $2,490,438.09; clearings week 1904,
$2,022,241.48.
Dividends due soon are:
Anaconda Copper, rate 60 centsi pay
able Jan. 15; books close Jan. 4.
American Locomotive pfd., 1 S-4; Jan.
21; Dec. 10.
American Locomotive com. 1 1-4; Feb.
24; Feb. 6.
American Cotton Oil com. 4; Mar. 2;
Feb. 15.
American Smelters com. 2; Jan. 15;
Dee. 27.
American Telephone & Telegraph 2;
Jan. 15; Dec. 31.
American Type Founders pfd. 1 3-4;
Jan. 16; Jan. 10.
American Woolen pfd. 1 3-4; Jan 14;
(Dec. 24.
Atchison R. R. 2 1-2; Feb. 1; Jan. 2.
Canada Southern R, R. 1 1-4; Feb. 21;
Dec. 21.
Chi. & Alton R. R. pfd. 2; Jan 15;
Dec. 31.
Rele., Lack & West. R. R. 2 1-2; Jan.
20; Jan 3.
Deh. & Rio Grande pfd. 2 1-2; Jan. 15;
Dec. 26. i
Edison Elec. of Boston 2 1-2; Feb. 1;
Jan. 15.
General Electric Co. 2; Jan. 15; Dec.
97
33
132
4
35
64
76
63
124
28
87
N. Y. Cen, & Hudson
N. Y. Chi. & St. Louis
N. Y. & New Haven .
do Rts. . . . . .
N. Y. Ont. & West. ,
Norfolk & Wast. ...I.,
do pfd. .1
North American
Northern Pacific . . . .
Pacific Mail
Pennsylvania R. R. .
People's Gas, Chi.
Pressed Steel Car 2 3
do pfd 72
Pullman Palace Car Co. 152
Railway Steel Springs .. 28
Reading 107-
do 1st pfd. : 80
Rep. Iron & Steel Co .. 17
do pfd 68
Rock Island Co. . ., 15
do pfd '. 29
Sloss Sheffield 38
Southern Railway Co. .. 11
do pfd 33
Southern Pacific 75
do pfd 109
St. Louis & Southwest. .. 14
do pfd 29
Third Avenue 16
Texas & Pacific 19
Tol., St. Louis & West. . . 14
do pfd 36
Twin City Rnp Trans . . . 86
Union Bag & Paper Co.. 4
do pfd 4 7
Union Pacific 124
do pfd 83
U. S. Express Co 70
U. S. Realty Imp. Co.. . 37
U. S. Rubber Co 23
do 1st pfd 87
IT. S. Steel Co 28
do pfd 93
50
31
95
34
85
210
15
18
8
27
37
88
77
95
110
112
20
31
70
85
72
88
83
1 1-16
43
100
8
62'
158
IS
82
185
31
15
60
150
5
25
115
145
155
62
129
5
15
59
20
25
106
166
510
33
16
34
24
132
122
75
80
128
7
9
68
11
73
23
62
16
97
125
16
26
59
'41
75
41
66
97
34
134
5
35
65
84
54
124
29
Mo., K. & T. pfd. 58 58 58 5S
Missouri Pacific . 42 43 41 43!
N. Y. C. & Hud.. 95 97 94 97'
N. Y., O. & W.... 34 35 34 35:
Norfolk & West.. 34 35 34 35
North. Pacific ... 123 124 122 124;
Pacific Mall .... 23 29 28 29
Pennsylvania . .. 113 314 113 HI
People's Gas ..' .. S6 86 86 86
Reading 106 107 105 107
do. 1st pfd. 81 81 81 SI
'R. I. & S. Co 17 17'4 17 17
do. pfd 65 69 68 69
Rock Island Co.. 14 15 14 15
do. pfd 28 29 28 29
South. Pacific ... 74 75 74 75
South. R'way Co. 9 11 9 11 I
, do. pfd 30 32 30 32!
Union Pacific ... 122 125 122 124
U. S. Rub. Co. .. 23 24 23 24 j
do. pfd . 87 87 87 87
U. S. Steel Co. .. 27 28 27 28
-do pfd. 92 94 91 93
W. U. Tel. Co. ., 58' 58 58 58
BOSTON STOCK MARKET.
Reported over private wires of Horn
blower & Weeks, mcmoers of the
New York and Boston t Stock Ex
chances. New Haven offlce, 27 Center
street.
Boston, Jan. 11.
Hlgh.Low.Bld.Asked.
Adventure 2 2 2 2
Allouez 31 ' 30 30 31 j
Arcadian (4 5
Atlantic ........ 9 10 !
Bingham .. ...... . 4 4 3 4
Boston Cons' .... 13 12 13 13
Butte Colation ..16 15 15 16
Calumet & Ariz. . 106 107
Calumet & Hecla. 625 630
Centennial 26 .26 26 27
Copper Range ... 60 59 69 60
Daly, West 8 8 8 8
Franklin 8 8 8 9
Greene Cananea . 7 7 7 7
Isle Royal '19 19 20 , 20
La Salle 15 11 -
Mass. Cons 3 3 3 3
Mohawk . 62 52 52
Nevada Cons. ..'. 9 9 9 9
North Butte 45 45 4,-) 46
Old Dominion .., 32 31 32 32
Osceola - : 89 ,
Parrot -10 10 10 . 10
We offer, subject to previous sale or change of price
the following high grade investment bonds.:
$10,000 Chicago & Western Indiana R. Ji. Co. Gen. Mtge. G's of 1932,
at iVi and interest; to yield 5.12; legal for savings.
$10,000 Louisville & Nashville Gen. Mtge. O's of 1030, at 110 and
Interest; to yield 1.81; legal for savings.
$5,000 Berkshire Street Railway First Mortgage 5's or 1922, at 101
and Interest; to jlcld 4.f0re.
WE WANT:
510,000 New York, New Haven & Hartford 5 Notes of November,
1908, at 98 U and interest. '
F. S. Butterworth & Co.,
Telephones 3100-3101 Exchange Building
(Continued on Eleventh Page.)
$20,000
To Loan
on Rear Estate in sums to
' suit. ;
Lomas & Nettleton
fcAMCERS AN BUO!C33i,
.37 ORANGE STREET
FINANCIAL NOTES.
New Tork, New Haven & Hartford
Railroad company is in more demand
witu good buying by capitalists of Bos-
Georgia R. R. & Bank Co. 2 3-4; Jan.
15; iDec. 31. ,
Lake Erie & West. pfd. 1; Jan
Dec. 27.
Lake Shore & Mich. South 8; Jan. 29;
Dec. 31.
Louis & Wash. R. R. 2; Feb. 10; Dec. 1
20;
Maryland Coal pfd. 4; Jan. 15; Jan. 2.
Mich. South R. R. 5; Jan. 29; Dec. 31.
Missouri Pacific (stock) 22; Jan. 30;
Jan. 4. '
Nat. Biscuit Co. com 1 1-4; Jan. 15;
Dec. SS.
N. Y. Central R. R. 1 1-2; Jan. 15;
Dec. 23. v
N. Y. & N. J. Telephone 1 $-4; Jan.
15; Jan. 4.
Nipissing Mines Co. 3; Jan. 21; Dec.
27.
Proctor & Gamble pfd. 2; Jan. 15;
IDec. 31.
Quaker Oats 2; Jan. 15; Jan. 4.
Reading R. R. 2; Feb. 1; Jan. 15.
South. New Eng. Tele. 1 1-2; Jan. 15;
Dec. 31.
South Pac. R. R. pfd. 3 1-2; Jan. 15;
Dec. 31.
Union Rag & Paper pfd. 1; Feb. 15;
Dec. 31.
United Fruit Co. 2; Jan. 15; Der 28.
United Gas 1m. Co. 2; Jan. 15; Dev.
31.
i. E. P.ubWr 1st ptd. 2; Jan. 31; Dec.
15.
1. S. Rubber 2nd pfd. 1 1-2; Jan. 31;
Dee. If.
I . S. Telephone pfd. 1 1-2; Feb. 15;
Utah Con's Mining 5; Jar.. 15; Dec.
2'.
Wells-Fargo & Co. ex. 6; Jan. 13;
Dec. 31.
West. Union Teie. (stock) 1 1-4; Jan.
13; Dec. 20.
Westinyhouse Air Brake a; Jan. 31:
Dec. SL
do S. F. 6 per cent.. . 88
Vlr. Car. Chem. Co 17
Wabash 10
do pfd 17
Wells-Fargo Express Co 250
West, t'non Tel Co 58
West. Elect. Co 47
Wheel, ft Lake Erie .... 7
do 2d pfd 8
15; j Wisconsin Central 14
do pfd 38
89
21
73
156
29
107
82
17
70
15
29
39
11
S5
75
109
15
31
19
20
15
37
86
5
53
125
95
40
24
88
28
94
88
IS
10
18
310
69
60
7
9
. 16
4;i
Subscription Rights
for
! i
t
N.Y.,N.H.6H.R.R.
Convertible
6 Debentures
expire
Jan. 15, 1908.
HORNBLOWER WEEKS
Members ot New York and Boston Stock Exchanges. "
New Haven Office, 27 'Center Street. ; .
I'. D. WETMOREj Manager.
We Buy or Sell New York, New Haven and Hartford Railroad Co.
RIGHTS
. ' 1 . On Cpmnilsslpn In New York or Boston Markets.
FINANCIAL
THE SAVINGS BANK
Is. safe fosters thrift, protects earn,
lngs, provides lor the future IF YOU
LIVE, ; '
THE STANDARD EQUITABLE
. POLICY
is safer, more ' advantageous, fosters
thrift, safeguards savings, provides for
the future and the family WHETH
ER YOU LIVE OR DIE.
ABSOLUTE FINANCIAL SECURITY.
CLAIMS PAID LUCE SIGHT-DRAFTS
COUPON.
The Equitable Life Assurance Boeletr.
Po,rter- Kit., Exchange Bldg..
( New Haven fnnn B . 6 '
m ,rlJt L.-J?Iad to have you send
STivh r,";'" le&aratng your ne
Insurance, on the life of
years of age.
. !
i-
of
person
Name. . . ,
Aldress..
Date..,.,
..........
! We offer for , subscription a portion ,
1 of the NEW ISSUE of the
7 STOfcK of the
fienedict-Manson Marine Company.
- Full particulars upon application.
H. C. Warren 6 Co., Bankers.
108 Orange Street.. 7
j.lM.-Kt.W4..'"M.lti'Mi
i
30 BttOAD STR3i3i NW YOHK.
: . MF.UrEItS
Xcw Tork Stork Exclinace "': IMillnrirlphla Stork Exchange
Yew York Cotloa Kxt-hHDge . j Stn York Coffee Kxchnnee
'cw Orlrana Cotton Exchange tlilcagq Board of Trade
, Aaaociale Mrinbcr Mvrrpnnl Tot ton Exchange. Stock, fConda, 1
: , Cotton, Crnln and Coffee. ,. i " 1
EDWARD B EAMES, Mgr.
HEW HAVEN BRANCH V S3 CENTER STREET.
John Knox & Co., Commission Brokers
Hubinger Building, 840 Chapel Street,
Trfpnone B170. -i i . JTEW HA VEX, CO!I.
' Correspondent John Horn.
Stork, Doads, Crnln and Cottuu bought and sold tor caak or on modern
depoatta. : ' , .
Quirk service, prompt delivery nimedlnte settlement.
Alio drnlna la mining oecnrHlfa of h.arfc eras.
TMEi
Chas, W, Scranton Co,
Investment Brokers
103 ORANGE STREET.
JAMES O. KERRIGAN.
1 , (New Location)
ROOMS 1 1 -12, 102 OTtANGE STREET,
FRE INSURANCE, REAL ESTATE. INVESTMENT SECURITIES
Having added to our other lines that of investment securities, we .
are In position to roach a new field of Investors. If you have any
securities. In small amounts, you wish to sell, we have a pood and
quick outlet for them. Come and see us.
,10T
BRANCH OFFICE
Boodjf, Llclellaii & Co.,
BANKERS AND BROKERS "
57 BROADWAY, NEW YORK.
. MEMBERS OF
New York Stock Exchange.
Bonds and Stocks
Bought and sold on comralaalcn tor cask
or carried oa margin; alao Cotton,
Groin or Provisions.
Investment Securities.
A SPECIALTY. '
NEW HAVEN BRANCH, 29-31 CENTER ST.
JOHN C. CLARK, Manager. .
Private Wires to New York & Chicago.
NEW HAVEN
COUNTY
NATIONAL BANK
317 STATE STREET.
Prince & Whitely
STOCK AND BOND
BROKERS.
52 Broadway, New York.
15 Center Street, New Haven.
NEW YORK STOCK MARKET.
Reported over private wires of Prlnc
Whitely. numbers of the New
Tork and Boston Stock Exchange
Ne-.v York office, R2 llrondway and li
Center street. v Haven,
New York. Jan 11.
Open. High. Low. Last.
'Amal. Copper ...
A. Car & Foun
A. Cot. Oil Co. .
A. Locomotive Co 374
do. pM K7
A. S. & Refin. Co. 764
iifl MVa. 4!t- SO
30 3is 30 r.i! their advantage
3414 34 34V4 31
New Haven & Northamp
ton Sinking Fund ,
1 Bond.
The Union Trust Co. of New
Haven wilf purchase, at par and
interest, a limited number of
New Haven and Northampton
6 Cons'd Sinking Fund Bonds
due April 1st, 1909. j
Holders of these bonds wish- j
ing to subscribe to the new 6 ;
Convertible debentures of the
New York, New Haven & Hart- j
ford R. R. Co. will find this to
Members New York and
Boston Stock Exchanges
STOCKS, BONDS and all
classes of Investment Securi
ties; j also Grain, Provisions
and Cotton bought and sold on
commission.
Private wires to Xew York, Boston,
Chicago and Richmond, Va.
C. B. B0LMER,
Manager New Haven Branch.
LOCAL INVESTMENTS.
New Haven Gas Light Oo.
New Haven Water Co. V
S. N. E. Telephone.
. 1 RIGHTS.
N. Y., N. H. & H. R. R. new 6's.
KIM3ERLY. ROOT & CO..
Tel. 1109. ' 1S3 Orange Street.
Private nlrea to ltw lark anil Uaaton.
SAFE
MERCANTILE
DEPOSIT COMPANY
87
77
37
S7
7V
()IS 3t
A. S. R?fln. Co. . 109 1104 H9 HO14
:.V, T. & Fai'ta Fe 69 70V4 6S 70H
Bait. & Ohio .... H5 8S 85 84
B. R. T 41 43 41 43.
Can. PaeIPe .. .. 157 1B8 157 15S
Cent. Of X. J. .. 179 181 17S , 181 ;
Cent. Leath IS 18 17 17
d.i. pfd S3 80 SO S'J
Ches. & Ohio .... 30 31 30 31
Chi. & Gt. West.. 5 5 6 5
Chi., XI. & St. F. 1U 115 111 115
Chi. & Nnrthv.est. 144 150 144 150
C. C, C. & St. L. 56 58 5fi 58
Col. Fuel & Iron. 2" 20 1? !:'
Cons. Gas 103 105 103 105
Del. & Hudson .. 166 166 166 166
Erie 15 16 15 16
do. 1st pM. .. 33 34 32 34
Gen. Eiec. Co. ... 11S 10 119 120
Gt. North, pfd. . 121 122 120 122
111. Centra 128 128 12S 128 j
Inter.-Met 7 7 7 7i
do. ptd 21 21 21 21 j
Louis. & Xasj. . 94 96 K S6
BANKIXK S1RYICE THAT
YOU WILIi APrRFCIATK.
. -r
We believe In honest and -on-sorvative
meilHxIs. We la-Hove
in proiiiiilnrss urtoT and llie
best banking sw-rvb-e that it I
possible to attain. Willi these
mi1oso9 ever before ns " cor
dially Invite your arooniit. with
the asMiranoc of Safety and Sat
isfaction. r?RVS? COMPAN V
43 Chiirci SU
Capital. S2OO.OOfl.0O.
Surplus and Profits, $87,783.57.
Jam3 H. Paris'! & Co.
succeeding
NEWTON 4. PARISH.
t
Slocks and Bonds
Dealers in Inv3stm3nt Securities
86 Orange Street.
FURNISHES A CONVENIENT
AND SECURE PLACE FOR
THE DEPOSIT OF YOUR -SECURITIES
AND VALUABLES.
72 CHURCH STREET.
THE NATIONAL
TRADESMEN BANK
96 Oranga St,
NEW HAVEN. CONN.
Letters of Credit and Travel
ers' Checks. Drafts on all parts
of Europe.
' ESTABLISHED 1834.
Capital lf;...;v.).. $350,000
Surplus;, v.... ....$350,000
This bank offers to deposit
ors every facility for busineit,
and invites the accounts of cor
porations,' firras and individu
als. ' ' 1 ; v'j-
EZEKIEL G, STODDARD,
; President
HORATIO G. REDFIELD,
; , - .. . '.. Caahler.
WILLIAM G. REDFIELD,
s . , Assistant Cashier.
bunion Trust Go
" NEW HAVBlf. : '
Chartered by the State ot Connecticut
with authority to act aa Executor. Ad
ministrator, Guardian, Receiver or
Trustee, under will or deed. J
Is legal depository or money pand In.
to Court, and f'uollc Trust i'undii, acta
as Trustee for Municipalities, Co'iWa
lions and -Individuals, and idmkmstera
Trusts of all kinds. Empowaiuul t0 act
as registrar ot Slocks, Lionels ur otlmr
evidences ot indebtedness, manage sink
ing funds, and do all business such as
is usually done by Trust CompJnle
It also does a general banking busi
ness, collecting checks, notes, coupon,
and receives deposits. The principal of
each trust Is Invested, by . Itself and!
kept separate and apart from the gen-
ml assets of the Compan,. 1 I
This Company Is by law regularly 'i
exariiincd by the Bank Eramliier of thi i
State of Connecticut.
HE11Y I.. HOTCHKISS. Prealilmt.
.. egene! s. hhistol. Taur-r,
Investment Securities,
INCOME 4Io 7 1-2 PERCENT.'.
' Send for List.
The W. T. Fields, Co. I
902 CHAPEL ST.
. TELEPHONE 5870.
INVESTMENT BONDS
and
LOCAL STOCKS.
N. Y., N. H. & H. R. R. Co.
RIGHTS '
BOUGHT AND SOLD.
Watrcn A. Spalding, President.
; Augustus II. Kimbe rly, Yicc-Prestdent.
. . Thompsoi & Sons
8lO Chaw Strcat.
Useful
Banking Serv es
Ever slnfce it was founded in
1S51 the Merchants National
Bank lias been a source of use
fulness and help to its ippositor
and client The resources, man
af.'Tne"1' equipment and facili
ties Kive confidence of its
strength and ability to render
good banking service. Tou are
cordially Invited to make this
biiik your depository.
Frederick C Burroughs, Cashier.
! Frank B. Frlsble, Assistant Cashier.
New Bank Accounts Solicited.
I
IHE MERCHANTS NATION 4L BANK
S7 STATS ITnSGT.
DO IT NOW
I Fire Insurance.
t Cannon, Morse 4 Co.
792 Chanel St.
A Clean Record
f of Sixty-Four Years.
No law .rafts or nana Id lam under
any policies Issued by the North Agen-
i cy since It was established in 1141.
Should this mean anything to s
property holder who wants to get th
benefit cf an experienced and reliable
agency to look after his Insurance bus
ir.ess?
Our rates are exactly trie same aa
those charged by others.
Why not look Into this matter a lit
tle? Perhaps you take less pains la
selecting your insurance than yen da
your cigars. '
JOHN C. NORTH.
70 CHtJHCH STREET.
First Building North of tht Post Offlc
n
t
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