The Brooklyn Daily Eagle from Brooklyn, New York • Page 21

"4 MAQAZ THE BROOKLYN DAILY EAGLE. NEW SUNDAY. JUNE 19. 1910. .11 JUNIC PAR 6AVINGS AND LOAN COMPANIES.

SAVINGS AND LOAN COMPANIES. SAVINGS AND LOAN COMPANIES. TRUST COMPANIES. TRUST COMPANIES. FINANCIAL.

FINANCIAL. CHARTERED 1866. il Brooklyn Trust Company THE THREE P0PULARACCOUNTS OF THIS Main Office: 177-179 Montague St. 'm-uj Branch: Bedford Ave. and Fulton St Manhattan Office: Corner Wall Street and Broadway.

IMS ilNVSSTMXNT A strong pool has Just been formed and partially financed to produce a valuable by-product In universal demand by many of'the largest corporations In tbe United States. Correspondence invited from those who desire to participate in the immense profits which will accrue to Interested. No debts. Competition limited. Address F.

B. ADAMS, 100 Broadway, N. V. Capital, $1,000,000 MEET EVERY REQUIREMENT Undivided Profits, $2,342,965 TRUSTEES MONEY INVESTORS David H. Unman CharTes M.

Pratt CharTes M. Pratt E) -a INVESTMENT Thomas T. Birr Samuer.W. Boocock Gtorge W. Chiuncey William N.

Dykman William Hester Francis L. Hine William A. Jamison George G. Reynold Charles A. Schleren Edward M.

Shepari J. H. Walbridge Alexander M. WhIU Willis D. Wood Frank Lyman Howard W.

Maxwell Theodore F. Aliller Willis L. Ogdrn Joseph E. Owens John J. Stocks and bonds BROOKLYN CITY SAFE DEPOSIT CO, 177-170 MONTAOCB 8TBEPT.

SAFES 5.00 PER YEAR AND UPWARD. Trunks and Package Called for and Delivered to Any Part of the City Free of Chart. SAVINGS ACCOUNTS 4 per annum Ja.rvua.ry 1st eud J-uly 1st for every $5. an. ixccovtivt.

Order books iss-ue-cU? if de-siretv? to those balances of WOO.00 or MONTHLY FIXED PAYMENT -ACCOUNTS PERIOD, 14-0 MONTHS. These accounts teach persistence. These, accounts confirm, the habit. These accounts, if carried throucfh to the end, are -the nvosf profitable, form, for the investor. These acco-uivts, if during 9th and 10th yea.r, carry S'a per anwrrv.

If WithdraovVn 7th or 8th year, carrv 5. If Withdrawn. 5th or 6th cattY 4Ji. If withdrawn 3rd or 4th year? carry 4. If withdrawn.

1st or 2nd year; carry 3 $5. PER. MONTH, FOR. 140 MONTHS, COMPOUNDS" TO I ge.S.TO Mon.th.iy accounts may be started for euvy exact number of dollars, from. upwards CERTIFICATES per annum.

January 1st and July 1st from, invest menf -to These certificates are' designed for the invest menf of fund from. WhicKo to draw- a steady WH NOT take the opportunity we offer and procure guaranteed tax exempt first mortgages at widends Declared, With fA increases Local ueie- 5 jates in Edinburgh. m.ore the six month now drawing to You iriay take your choice now and we will hold until July 6th. HOME TITME tfWtW YORK jay St Willoughby Brooklyn. there have been numerous nota- EsTABLKHID l888 Franklin Truff Company Main Office, 166 Moktaciti Stiezt, Brooklyn Manhattan Ojfict, 140 Broadway, New York Fultcm Strut OJfitt, 569 Fulton Strut, Brooklyn This Company has the resources, organization and connections which enable it to be of the utmost service to its customers.

It cordially invites the accounts and trust business of corporations, firms and individuals, to whom it extends the facilities acquired through twenty-two years of service to the business community. reases In dividends. Last week cal institutions made Increases ople's National Bank and the Bush Jiinal Company. Tbe former declared 9mirannual dividend of 2 per cent- HAVE THEY SOLD? YES! able July 1. This is the second be declared during the first half of WHEN EARNINGS COMMENCE.

Accounts opened before July 1st earn from, data Accounts opened between. Juylst and July 10th, receive dividends from' July lsf.v Accounts opened after July 10th earn from HOW A VERY FEW RELIABLE MEN, HAVING STEADY INCOMES, CAN ACQUIRE DESIRABLE HOMES WITH BUT LITTLE READY MONEY As this is a Mortgage, and Not a Estate Company we prefer to dispose of the few properties that come, into oui hands ouiekly rather than to Mat accomplish this, we wrane Unusually favorable, Term6 with Contract Purchasers, accepting much smaller Gash Down Payments than Would be required inthe purchase of outside properties upon which we were making the loans. When selling under such conditions, buyers are expected to demorstrate adequate incomes, as Well as reliability and desirabity WE ARC NOW OFFERING THE F01WW1NQ- PROPERTIES ON SUCH TERMS: One on Berkeley Place, one. oh Gates Avenue, two in Flat-, bush, one in. Bath Beach, one in Flushing, one in Morris Park, OUR LOANING SYSTEM exclusively on the secur: ity of1 6 Monthly Pa.y ment- First" on Improved Realty Loan applications W.jv vited.

-o lis year, and the second since the budding of the bank. The Initial divt- over a Half Willoa or Oar GUARANTEED MORTOAOES, fad to Brat klya People. Tax Exempt and at 6 WHBRB CAN )C DO BBTTBKt KINGS COUNTY MORTGAGE C8 I 1H llMtsn BraeUrak end was declared in January, but was ot navahlA nnt.i Mnrph an that filrn- TRUSTEES WILLIAM LOW HENRY Rt MALLORY EDWIN S. MARSTON A LBRO J. NEWTON CEOROE M.

OLCOTT EDWIN PACKARD LOWELL M. PALMER STEPHEN i. PALMER CHARLES A. PEABODY CHARLES J. PEABODT RALPH PETERS HENRY 8.

PIERKEPONT JAMBS II. POST' CKORGK II. PRENTISS MOSES TAYLOR PYNE WILLIAM H. VYALLACB ROBKKTB. WOODWARD ARTHUR KING WOOD HUGH D.

AUCHINCLOSJ UNION N. BfcTHELL JOSEPH I. BKOWN WM. ALLEN BL'TLER. CHARLES B.

DENNY CROVVELL HADDEN HENRY HENTZ HENRY C. HULBERT WILLIAM B.LANE, M. D. jether the People's National Bank will liuave paid 4 per cent, during the period from January to July. The Bush Ter- mlnnl Pnmnnnv rianlnrprl nn Initial rllvl- I I dend of 2 per cent, on Us common stock.

growing intelligence and education the grtiidint I Iflnil it la nnt RnpclftcRl I stated working class and lower middle class in and one in Corona, ranging in price rrom S3.400 to vest sums which ten or twenty years ago they would have deposited with the post TRUSTEES TRUSTEES omce. "But the report of a correspondent suggests 'that the Englishman Is really sav cTEN YEARS OF STEADY GROWTH CAPITAL and SURPLUS. MAY 1st 1900. 489,393.46 CAPITAL and SURPLUS. MAY 1st.

1902. $936,328.63 CAPITAL and SURPLUS. MAY UT. 1904. $1,056,083.53 CAPITAL and SURPLUS.

MAY 1st. 1906. 1,439.410.53 CAPITAL and SURPLUS. MAY 1st. 1908.

1,968,654.91 nathaniel h.levi john b.cre1ght0n A.Frank Wilson georoehschinzel CEOROECMlLLER Elwins. Piper Lewis rpounds George J. Jardin Joseph Wood Edward m. Child H.Milton Kennedy ing less than of old, and less than the foreigner does to-day. He puts by money, as it is eplgrammaticaliy said, no longer tor a rjiinv day, as in the paBt, but for a fine day.

That Is to say, he is content lor what period the disbursement is made, it is Intimated that it will con-' stitute a regular semi-annual payment, thus placing tbe stock on a 4 per cent, basts. Within the past ten days practically all of the local savings banks have declared their semi-annual dividends to depositors and in no cre has tbe rate deviated from the established 4 per although considerable pressure was brought to have the rate reduced. The franklin Trust Company declared Us regular semi-annual and tbe Broadway Bajnk Its regular quarterly dividend last wek. The Eagle Storage and Ware-bouse (Company tnd the Long Island Safe Deposit Company each declared the semi- Hamilton Trust Company 191 MONTAGUE STREET Capital Surplus and Undivided Profits $1,051,871 ALLOWS INTEREST ON DAILY BALANCES. FURNISHES LETTERS OF CREDIT AND TRAVELERS' CHECKS.

TRUSTEES FS.PNDLET0N John h.Brouwer to accumulate a. modest amount for holiday. 9IO, .433. 130.33 CAPITAL and SURPLUS. MAY 1ST.

I James e.huriey "The -private individual, however, Is entirely to blame for his want of virtue. As Lord Rosebery has said, the state la setting him Is bad example. If he carefully Insures bis life to place bis DIVIDENDS. DIVIDENDS. wife and children or his dependents WILI.ARD K.

EDM1STER OEOROE HADDEN JOHN R. HBGEMAN WALTER C. HIIMSTONB EDWIN E. JACKSON. JR.

annrgfcl dividend, and this coming week above misfortune, the community confers william bebri ezra d. buh.neli. david f. butcher bvehslby child8 charles cooper james c. cropsey julius b.

davenport frederick' h. ecker THOMAS B. PEARSALL FREDERICK H. POUCH MILLARD V. SMITH WILLIAM V.

R. 8MITH FRANK St'I-MVAN SMITH VV. EDWIN THORP HENRY N. WHITKrCT TIMOTHY WOODRUFF Security. on- him no reward.

On the contrary, it me directors of tbe first National and the Manufacturers National will HARLES E. KEATOR C. McGTIIRB Olf.N JOIf.V mett to declare their dividend JOHN PARTRIDOB fuglBursementi, OFFICERS Emigrant Industral Savings Bank (Larger disbursements by Brooklyn In WILLARD E. KDMISTER. President liiinRnis HADDEN, 3a Vlce-Prn.

bmt BERRI. 1 Vlee-Preniaent ROBERT S. GIRLING, int. Secretary WALTER C. HTTMSTONE.

21 Vlre-Pre. C. KECKER. Aunt Beer. tltutions began early in tbe year when Sea Beach 1st m.

Dkn. Un. El. com. Bkn.Uo.El.Bp.c.pl BkD.Un.El.

1st m. Kings Co.lst m.4i Kaasau Electric. the Kings County Trust Company went from 14 to 16 per year. Then the Broadwav Bank with a. slmi- Nassa i El.

4p.c.p( Jlar increase, end a few days later tbe 51 Chambers New York The Board of Trustees has declared a semi-annual dividend at the rate of FOUR PER CENT. per annum on all deposits entitled thereto. DEPOSITS MADE ON OR BEFORE JULY 10, 1910, Manufacturers National Bank was placed on a 20 per cent, basis. The Citizens rs nR Williamsburg! Amount Out- standing a 850.000 4 15 13,000,000 15 65 85 6.000,000 5 10.000,000 6 100 10U4 7,000,000 4 S3 85 f.600,000 6,500,000 4 40- 65 10,726.000 4 75 77 600.000 103 105 2,241,000 5 99 102 250,000 G' 90 100 52,000 5 97 99 121,000 6 97 102 11,000,000 10 155 165 6,000,000 5 101 102 200,000 5 101 103 200,000 4 101 600,000 4 101 105 2.000.000 5 95 100 2,000,000 75 2,000,000 4 78 83 1,600,000 4 75 80 42.418,702 63 67 22,468,000 4 97 98 1,500,000 103 107 its tax gatherers after his estate and takes witb both bands from that estate to give to those who have done notblng for themselves. It threatens his descendants with that new, Inquisition which used to be tbe tbeme of the home secretary's fiery speeches.

If he Invests his savings and draws an income from them the state dubs them and imposes a specially heavy Income tax on them. Unquestionably this discourages the methods which the school of athe late Dr. Smiles used to hold up for our admiration. And as Is the attitude of tbe state so Is the feeling of the public. It- is no longer bo favorable as was to the man who, by scrupulous care, contrives to provide for old age.

consequence Is that many realize all too late the fatal significance of Mr. Micawber's p.ofound synthesis: 'Annual Income, 20; annual expenditure, 19 19s. result happiness. Annual 20: annual expenditure, 20 0s. re Trust Company declared a second dlvl dend of 2 per cent, and thereby estab Nusu o.

Nassau 1st mtge. AtlantlcAv. m. 2d m. gen'l.

Bkn.C.leasedB.H lisbed a 5 per cent annual rate. The Rldgewood National Bank, organized a WILL DRAW INTEREST FROM JULY 1ST, 1910. Bkn. City 1st c. year ago the 27th of last month, cele-J bxated its first birthday, with an Initial dividend of 2 per cent.

THOMAS M. MULRY, JOHN J. PULLEYN, rN, Bkn. Cross 1st President. Comptroll Bkn.

City rfg. 4s. -The Edinburgh Savings Sank Conter. Trust Gompanv Main Office 391 FULTON STREET BROADWAY AND STOCKTON ST. Bkn.City&N.lst Kings County Trust company 342, 344 346 FULTON ST.

Capital, $500,000 SURPLUS AND 0 nrtn UNDIVIDED PROFITS AUUU.UUU JULIAN D. FAIRCHILD. Presidnb WILLIAM HARKNESS. 1 D. W.

McWILLIAMS, kTIo Pns'ta JULIAN P. FAIRCHILD, THOMAS BLAKE, 8erteiy WILLIAM J. TIT A BON, Jit. Asst. sWir J.

KORMAN CARFKKTEB, Trust OIBcst Interest Allowed on Account Subject to Check. Special Kates on Certificates of Deposit. Coney lsl. bkh. Coney 1st.

C. I. B. con. Long lsl.

B. L.LR.R. ref. Steinway Ry. 1st.

1 ha Kings County Savings sultmisery." By correcting public opinion pn the subject, Lord Rosebery Is THE. doing a valuable Greenpoint National Bank 6rganiza- tMay 1910. INTEREST PAID Olf DEPOSITS LeVAl Depository for City State Panda, anil Unite Institution BROADWAV AXtt BEDFORD AV. Brookjyir, Ms June 13, 1510.. eml -annual dividend at rate of Williamsburgli ILLUMIN'O CO'S.

Bkn. Boro. 500,000 5 18,000.000 6 The incorporatdrs "or Hhe Greenpoint Bkn: Boro. Gas 6 Bkn. Union State Bankrapt Estates DIRECTORS Anthony N.

Brady Jacob C. Kllnok Wm. Alien Butler, Jr. F. O.

IimnermiiB National Bank completed the organization 14,692,0001 5 of the new -institution last Friday at a Bk.U.Gas 1st 4 meeting held in Keramos Hall, Manhat Per Annum Four Per Cent. Beverlr Chew Joseph Llehmana ence. Reports, received in Brooklyn of the Thrift Conference, recently held in Edln-I burgh, Scotland, to signalize the ceriten-f, ary of the founding of savings banks among English speaking peoples are suggestive of the worldwide scope of the Savings bank movement. Tbe conference as "held under the auspices of the Edinburgh Savings Bank and specially invited delegates from all parts of the world at-. tended.

Among the seven from the- States were four from all representing the Williamsburg Sav-. lngs Bank. They were Herbert F. Gun-, nlson, business manager of Tbe Eagle, who has Jong been a trustee of the Will- iamsburg Bank; Colonel A. D.

Balrd and (Jofnelius H. Tiebout, vice "presidents, William P. Burns, cashier. The other delegates were 'John J. Sinclair of the Bowery Savingi? Bank, C.

Stuart Patterson of the Western Savings Fund Society, and C. C. Purvis' of the Philadelphia Savings Fund, both of Phila-, delphia. Mr. Patterson read an interesting paper on "The Savings Bank in and tan- avenue and Milton street, js.

v. Cook acted as. The incorpora 65 SO (96 141 143 I106 107 l21 123 1103 illO'llStt 111 limi 103 1105 107 107tf 47 I 63 70 78 99 1101 tors of the bank, consisting of Alderman John J. Cooney John B. Craixhton Msrshsll S.

Drtfcv Charles J. Edwards Joseph Fallert J. Horace Harding Ersklna Hewitt rranx Mann Wlllard P. Rett John H. Scheldt John W.

Simpson David W. Stein John W. Weber Robt. T. Whalen George A.

Morrison. Andrew N. Peterson Kings Co. E.L.AP (10,000,000 8 2.300,000 5 5.176,000 6 Kings Co. conv.6s 2.500,000 6 Edison Illumln'g.

5.000,000 Edison con. mtge. 4,276,000 4 Citizens Gas c. m. 264.000 6 Union Gas c.

38.000 5 1,260,000 1,250,000 5 N.Y.&Q.E.L.lst 2.350,000 5 Julius Siegelman. Walter Wilmurt and George H. Rowe. acting' under their I Bray ton Ives LaBraytoi Robert H. Wilson legal rights, named the following directors JACOB C.

XLINCK. President tote serve until the first meeting in has been declared and will be credited to depositors on all aums of Three Dollars and upwards, and not exceeding Three Thousand Dollars, who on July 1st next may be entitled thereto, payable on and after July 13th, 1910. All money deposited on or before July 11th will draw Interest from July 1st. 1 HUBERT Q. TAYLOR, resident.

John S. McKeon, Secretary. Jacob Hentz, Cashier. Savings Bank Broadway nml DrlKKa Aveone BROOKLYN Notice Is hereby elvra that on and after the ih day of July, 1910, a leml-annual Interest at the rate of four per cent. 4 per annum will be paid to all depositors In this bank who on the 1st day of July, 1910, may be entitled thereto.

Money deposited on or before Monday, July 11, 1910, will draw interest from July let. Accounts can be opened by mail. Send for booklet and full Instructions. Dated June 6, 1910. K.

li. TITTLE, President. WILLIAM F. Bt'RXS, Cashier. January, 1911: C.

Wilson, E. P. Cook, The Peoples Trust Company 181-183 Montague Street Capital and Surplus, $2,600,000 Invites deposits from Individuals, firms and corporations, and seeks appointment as SZ" ecutor and trustee. Furnishes Travelers' Cheeks and Letter at Credit, available In any part of the world. C.

V. Dykman, Charles L. Gilbert, George A. Morrison, George H. Reeves, Julius FERRY CO'S.

Siegelman, Andrew N. Peterson, Walter Wilmurt, George H. Rowe, Bird S. Coler, George D. -Hamlin, P.

C. Heidelfjfcrger, 8G $6,600,000 6.600,000 1,000,000 6 1,000,000 6 550,000 5 2,000,000 2 2,200,000 5 750.000 6 750.000! 5 Brooklyn BknFerry consols N. Y. Bkn. Tenth 23d St.lst Union Ferry UnlonFerry 1st N.Y.& East River N.Y.

ft E.R. 1st ml Mr. Gunnison presented a paper along similar lines on "Thrift in -America." Tbe former, after presenting figures showing the accumulated navfngs of the people of America, remarked that one might well ask: "What piles of wealth have they ac- THE BREVOORT SAVINGS BANK Nostrand Av. Macon St. NOTICE IS HEREBY GIVEN THAT SEMIANNUAL INTEREST AT THE RATE QF Rudolph Norelt, James A.

McCafferty, James McAlllBter. W. F. Ring, J. Troun-stine, F.

C. Williams, J. H. Hughes, Cornelius H. Tiebout, .8.

Montgomery and John W. Dolan. The board of- directors elected the following -officers: President, George A. Morrison; vice presidents, James Mc- Long Island Loan Trust Company TtHIU-BjUl, 44 CoDRT'Sf BROOKLYN MISCELLANEOUS. 1 cumulated, now in the name of thrift 1240 245 Bond Mortgage LCafferty, and George H.

Rowe; cashier, 205 121 did ihey rake, this together?" "The answer to the question," eontln Bkn. Safe Deposit 100,000 3,500,000 Brooklyn Storage 80 100 90 1,600,000 Bush Term. com. Bush Term. pfd.

Bush Terminal 4s ued Mr, Patterson, "Is that during the greater par-t of the last half century the United States have been materially prosperous to an extent far-exceeding the most hopeful anticipations. It must be 3.2S0.000 86 89 Walter Wilmurt; counsel, Julius Siegelman. President Morrison assumed the chair' when, the election had been completed and the appointment of committees made by the incorporators, and having to do with the of the bank, was ratified. The bank will be located at 142 and 144 Bush Term. 1st 5s SAVINGS AND LOAN COMPANIES.

400.0001 1110 1135 1,500.000110 100 122 125 Eagle Warehouse E. W. Bliss E. W. Bliss' NASSAU TRUST COMPANY Broadway sad Bedford lst-351 Fultaa St.

Capital, Surplus and Prolititnr 1,000,000.09 WILL BE PAID ON AND AFTER JULY 20, 1910, TO ALL DEPOSITORS IN THE BANK ENTITLED THERETO ON THE FIRST DAY OF JULY NEXT. DEPOSITS MADE ON OR BEFORE JULY 11, 1910, WILL DRAW INTEREST FROM JULY 1, 1910. HOVARD M. SMITH, President. 135 anmitten mat conditions are changing.

The area of unappropriated land is rap-Idly diminishing. Thrfdemandn -of home consumption will before many years, if farming be not more intelligently con- Greenpoint avenue, within 150 feet of the E.W.Bliss con. m. 749.800' 108 Seventeenth Ward Branch of the Union Franklin Safe Der 10 100,000 Deposits Made on 105 130 95 100 Bank, now In liquidation. The home of 160 103 102 ivings uo.

Mort e. Kings County 6s. LOANS ON MORTGAGES P.T REASONABLE RATES repayabls lo esv monthly rivmente. or Before WALTER C. HUMSTONE, Treasurer.

RAYMOND LOUNSBERY, Secretary. 252,1001 loo.oool 4,000.000 100.0001 7.000.0001 240 247 LawyersMortgagej the Greenpoint National Bank will be a one-story structure, with a handsome sandstone front of 42 feet on Greenpoint avenue. The present structure Is to be Jnlr lit Interest nt the Hnte of Four Per Cent. Per Annum Will He Credited For Six Months Kmllng July 1. 1010 1910, will 110 29 80 Draw 10.000,000 uucieu.

Hosoro ine products of agricul-. ture, and leave nothing for exportation. The modern interpretation of the Monroe Doctrine has imposed upon the United States grave responsibilities of South American countries. The United States have acquired colonies, and undertaken the construction of the Panama Canal. "The necessity ot preparedneav war.

and the growing extravagiflrce THE SOUTH BROOKLYN SAVINGS li. I. Safe Deposit N.Y. Dock N.Y.DoiV 5 p.o.pf. N.Y.Dock 1st mtg N.

Y. Mtg. Sec. N.Y.&N.J.Tel 1st. remodeled and it is expected that the alterations will be completed by Sep 83 90 Interest 1.800,000 82V4I TITLE INSURANCE, ire madf by the five lading SAVINGS AND LOAN ASSOCIATIONS, if you detlr to purchase a boms or to pay rn mortgage Investigate their tember.

1205 195 INSTITUTION From The charter of the new bank was au 1.600,0001 1,233.0001 4.0C0.00QI 140 WI ATLANTIC AV, BROOKLYN, N. T. Jnlr 1. 1010 103 115 l20 Realty Associates1 thorized by the controller of the currency puis tx once. July 1, 1910.

NATHAN S. WALLACE L. JONAS, President. CO Seeretitrr. 4t ui guvfinmrniBi administration, have increased, and will furlher Increase tHe on the 25th of last month, and according to- law the Incorporators have but sixty days In which to commence business.

In LAWYERS TITLE INSURANCE TRUST COMPANY ALLOWS INTEREST ON DEPOSITS lOO Broadway, Mnhtta. 188 JHontasa Strvet. Brooklr. burdens of taxation. The protectlvetanff Interest at tha row of FOUR PER CENT.

the esse of the Greenpoint National Bank, Hmt tare been In business over TWBNTY YEARS ind are safely and ecoBornlcally managed and under the direct supervision of the State Banking Department You should join now to Surplus, Mch. 25, 1010. Deposits, fd Mch. 25, Sjy 1910. TRUST COMPANIES in practice been carried far beyond however, an extension of time was ob Per annum will be credited to depositors tor ths six months ending June 30, 1910, oa all accounts entitled thereto fram K.OO to tained.

(payable on and after July iif. DeDosIti made on or before July IS will 425 1381 inn toeory ot equalization of tbe conditions of competition. The cost of living has so increased that, for the wage-earners, the available surplus of income over outgo dlmlnshrn year by year. The trade Corn Exchange Bank Acquires RAILROAD SCHOLARSHIPS. .1 103,1321 1,501,1741 5 271,587 4,206,216 8 THE CITY SAVINGS BANK OF BROOKLYN Corner of Flatbush and Fourth A vs.

has declared a semi-annual interest Brooklyn. Flatbuh. a1v.w lntereit from July 1. 1910. Branch.

WILLIAM J. CUU.VM3, 200j 220 C. S. DUNNING. Treasurer.

The Corn Exchange Bank of Manhat or tne country is threatened with unnecessary administrative restraints 'which 270 116 GERMANIA SAVINGS BANK Pennsylvania's Competitive Examinations to Be Held This Month. tan last week succeeded in acquiring the Seventeenth Ward Branch of the Union seriously dlmlnsh profits, Increase risks 960,869 11,696.590 8 1,051,871 7,091,721 12 331,848 2.108,446 2.022.794 15,197,053 16 6.208.695 13.939,036112 2,137,685 8,405.311112 467.006 6,976.875 8 500 dividend on all deposits from $5 to $3,000 entitled thereto at the rate of Bank for a cash consideration of J95.000. Home KlngsCounty Lawyers T. I Longlsl.L&T NaBsau Peoples 280 ana multiply numinatlng restrictions, and, as Mr. Lerky polnled out.

the neces euncr lave money or to Borrow on mortgage. ATIaANTIO ASSOCIATION, S91 Cstart St. mm I TN CITT 1 Csmrt St. noroiio ASSOCIATION. MlM St.

sal Tror Av. BAMILTOX association-, Cms St. Otmi BROOKLYN ASSOCIATION, MS Vtttb At. The authorization to accept the offer of 1305 4 Per Cent. tne Corn Exchange Bank was obtained Competitive examinations of applicants 180 rrom the Supreme Court onlv after 305 3:1.1 lis 180,310 1,791, 3381.

...11161126 Queens Co sary effect of such legislation is 'to drive eapltal away and ultimately contract the field of He is, therefore, a sanguine man who expects that in the United States the next half century will as prosperous as the laut half century per annum, payable on or after July 15, 1910. Money deposited on or before July 12 draws interest from snarp. contest in which the promoters of the newly organized Greenpoint National Bank sought to acquire the branch KINGS COUNTY 3tb street. Tha trustees or this Bank have declared Interest at the rate of 4 per annum on all sums entitled thereto on June 10, 1910, payable on and after July 19, 1510. Deposits made on or before JULY 13 will drnvr Interest from July 1.

AOOLPH UOKI'KL, Prenldent. Oscar Thninna. Treas. Koell, See. Title 10,608, 67524.822,7O420 4751490 96.495 1,777,409 .1 801100 July 1.

bank for a home for their institution for two of the eight regular Frank Thomson scholarships will be conducted during the latter part of the present month. Ineee scholarships, each of which amounts to JC00 a year, were established in 1907 and endowed in the sum of by the three children of the lata Frank Thomson, formerly president of the Pennsylvania Railroad as a memorial to their father. They were designed to An application to delay the negotiations KtSMSKN KUSHAIOKE, President. wnicn tne Btate Banking Deparlment had "Mr. Patterson said In 1S06 the citizens of the United States wero brought face H.

v. Kaymond, sec y. Deposits Mar. 29, 1910. NATIONAL BANKS.

Surplus. Mar. 29, 1010. TRAINS TO HAVE TELEPHONES. entered Into with the Manhattan Institu to face with a threatened degradation of tion was granted by Supreme Court Jus Dime Savings Bank of Brooklyn, Jelo 19 26 Jyl 2 6 7 8 10 11 li-14t tice Crane, who ordered the organizers of 295305 City First Manufact'rs.

afford to "sons of the living and deceased 591,335 807,333 985,019 3,241,778 C.624,950 8,960,301 295 416 2451 THE BROOKLYN SAVINGS BANK. Corner of Pterrepont and Clinton Brooklyn, Y. June 15. 1010. at the rots of FOIIR PER CENT, 270 tne ureenpoint Bank to submit an offer before June 15; but on offer from them failed to materialize, and the state superintendent of banks had the deal with the Corn Exchange Bank closed.

Nassau Peoples 124,892 1,231,282 4 15S PER ANNUM will be credited to depositor! tne standard or value, which would unavoidably have been followed by Individual bankruptcies, and by national dishonor. That that calamity was averted duo solely to the fact that the voters of the country were made to see that those whose interests would first be destroyed were- the depositors In pavings banks, the shareholders in the ruillding and loan associations, and the! beneficiaries under policies of life insurance." employes of all the lines of the Pennsylvania Railroad an opportunity for a technical education, so as to better enable them to qualify themselves for employment by the company." Each year since the establishment of the fund, two scholarships have been with this bank, July 1 next, an ail sums entitled thereto (payable on and after July 201. Deposits made on or before July 10 will draw Surplus, Mch. 25, 1910. Deposits, Mch.

25; 1910. STATE BANKS. Local Stock Sales. Twenty-five shares of Kings Conntv New Apparatus Will Be Installed by Lehigh Valley. All trains on tbe Lehigh Valley Railroad are to be equipped with a new telephone apparatus by means of which immediate communication can be established with trains at any point on tha road.

This announcement is the result of the successful outcome of the final experiments Just concluded witb the car of General Manager Maguire. The new device consists of an extension pole, similar to a trolley pole, which can be hooked over the telephone wires run Interest from July 1. Bit VAN II. SMITH. Treeldent.

EDWIN P. MAYN'ARD, Comptroller. i.aiihits E. SUTTON. Cashier.

Electric Light and Power Company stock were sold last week at 123t4. Flftv shares Janctton DrKnlb At. and Fnlton Brooklyn, N. V. An Interest dividend at the rate of FOUR PEK CENT, per annum for the six months ending: June 3ulh.

1910. on all sums entitled thereto from li to J3.000. will be credited June JOth, 1910, and will be entered on the passbooks and paid July 20, 1910, or at any time thereafter. Depoalts msde before July 10. 1910.

will draw Interest from July 1. 1910 J. I. President Russell 8. Wslker.

Treasurer. Frsd'k W. Jackson Secretary. C. Frank StrelRhtoff, Asst.

Secretary. $1,518.7531... 3,761,664 16 720,136 $131,003 642,3571 85,578 46.506 Jel5-23t Lord' Bosebory on Thrift in Great 375 ...135 160 156 of Citizens Trust Company brought 140 apiece and three shares of Peoples Na 114.068' tional uaim cn.mgea nands at 162. 5.395.257 3221327 EAST BROOKLYN SAVIKGS BANK, l4 MVHT1.H AV, ror. I rnnklln Av.

Interest at the rate of KM' It PER CENT. 60.0281 368.035 115 Local Mortgage Sales. The Home Life Insurance Comrwn-e nd 14,606.420 Borough. Broadway. Brooklyn.

Coney Islam Corn Homestead. North Prospect P'k State 250 Der annum on all d.nnilts entitled tnereto from S87.952 69.883 140.634 li to .1,000 will be credited depositors In this Bsnk July 1st. 1010 (payable on and after July awarded. With the two to be awarded this year, there will be a total of eight, which number will be maintained in succeeding years. The examinations correspond irj general to the entrance requirements of the scientific departments of the higher class o( universities, colleges and technical schools.

They are open to the sons of some 200.000 men; that Is. to the sons of all employes living or deceased of ths Pennsylvania Railroad linos east and west of Pittsburg, including the Eric and Western Transportation Cumberland Valley Railroad, Long Island Railroad. Grand Rapld3 and Indiana Railway. Vandalia the New York Life Insurance Company 426.0501 2.333.347 607,9011 ning parallel to the track. In this way were among the heaviest Investors in Ihtn).

ueposlt made on or ueiore juiy iitn 150 180 160 300 90 local mortgages last week. The former train crews will be able to communicate 18,422,0001 61,69" 830.000 6.534 603,699 acquired mortgages aggregating with train dispotchers from any point on 171.1091 and the latter, $26,000. The Slaten Island the road. On the other hand, to reach 3.982.696 savings Mann invested In the local field any person on a train the operator at the nearest station will be Informed, the draw Interest front July let. LE8TKR W.

IlEASl.RT, President. Eugene P. Barnes. Treasurer. BROADWAY BANK OF BROOKI.Ytf.

June 14. 1010. The Board Directors hnve this Hay clsred a regular quart'rlv dividend of KOUK (4) PEH paysble July 1. laio. Transfer books will remain closed until that dsts.

OEO Mnr.F.R. Osehler. to the extent of $.12,500. and the Equita- it Die mist company. 527.1100.

train stopped and the telephone con NEW MEXICAN RAILWAY. Monclova, June 18 Eduardo Hartmann and a group of Mexican capitalists, who are arranging to build a 450 mile railroad across a stretch of Mexico, running within about 100 miles of the United States frontier, expect to be ready lo start construction in a few weeks. INSURANCE CO'S. Net Surplus Dots. 31, 1909.

UookVal. Dec. 31, 1909. The following table gives the last hid nected by means of the extension pole. nd asked prices, the amount outstanding Britain.

This note of pessimism as to the future of the savings hank snd thrift movement In the United States was sounded, also. Lord Rosebery in a letter the conference with reference to the outlook for thrift In the United Kingdom. Lord Rosebery's lament on the decay of thrift attracted great attention. The unpromising outlook for this particular Virtue he attributed mainly to two causes grinding taxation, combined with JL of economy on the part of the state, and growing luxury In private life. He deplored the condition of For thrift he pronounces to he alike the basis of sound national character and the root of Independence and self-respect In the citizen.

"Careful Inquiry shows that savings bank deposits In Great Br)tatn are Increasing more slowly than in other countries. In part this may be due to special restrictions which exist In the rase of the English savings banks but not abroad, and to the injurious effect of free trade upon working-class prosperity," says the Daily Mall. "It may also be explained by it) tact that with ine plan win aiso do useful in the appre hension of criminals. ana tne interest or dividend rate of the leading local securities: 95106 $104.5801 807,865 21S The new apparatus Is expected to be particularly effective In the handling of 1120 258 lt.7 234 I1S0 The project Is being actively encouraged by tha Federal government and by the freight trains, owing to the largo ton 2,109,112 290, EmplreState Home Nassau PeoplesSur'y S.TitleGftl W'msbghClty Becurltjr. Amount Out- itnnrilntr.

nage now hauled, the breaking or pulling 200.000 states of Coahuua and Chihuahua, 1.600.859 145 Moncton and the Intercolonial before the winter of next yenr. President Haye will be in St. John next week to Inspect Courtenay Bay and termlnc) sites recently purchased here by his company. It has been decided that os floor, as the Continental Is completed thrctnh New Brunswick and Quebec, this section will bn operated, and while the Quebec Brldue Railroad; Cincinnati and Muskingum Valley Railroad; Cleveland. Akron and Columbus Railway; Cincinnati.

Lebanon and No-thern Railway; Wheeling Terminal Railway; the Waynesburg and Washington Railroad; and the New York, Philadelphia and Norfolk Railroad. Of the six persons nt present holding. Frank Thomson scholarships, three ar students at the University of Pennsylvania, one is lit the University of-Michigan, one at Yale University, and one at Harvard. The College Entrance Examination Board of New York city, will act for the Pennsylvania Railroad in conduction the through which the linos will pass. The road will run from Monclova, on the International line of the National Railways 178 208 416 80, RAILROADS.

776.348 790.522 3901 20 Bkn. Rapid T'sn, B. R. T. 1st B.

R. T. 1st March 1, out ot draw neaas is not an uncommon occurrence, and causes delays not only to the disabled train, but to other trains following. With the new telephone system train dispatchers will be immediately Informed as to where a breakdown has occurred and can at once make arrangements to run following trains around with little or no delay until the damage Is repaired. i i 7,000.000 5 46.771,000 4 250.000 6 8.600,000 5 3,884,000 240,000 785, 103 83 95 99 95 of Mexico, to Chihuahua, where It will connect with the Mexican Central line of the government merger system.

The road will penetrate a territory known to contain vast, coal beds. It will also open up Bkn.Hnlgtitslst 1103 100 102 97V4 1st m. cannot be completed for same years yet, car terries will be employed to carry GRAND TRUNK PACIFIC TRAINS. St. John.

N. June 18 Trains will be running into St. John and Halifax over the. Grand Trunk Pacific, by way ot cm trains Borne, tha at 1' a mineral region along ita western point..