New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-06

49,, e. z,o,. today, VIII take los 600 ounces OF
silver shipped by the United Metals Selling COM
pany.
s.-, a. he close Of business May 81 had loans and
zs,-+z Of e sls SOB sc and total resources Of 81,
az, 2-s "a The amount due depositors was $685.
o. ~ The Bank Of America at the close of bust
ness Nav 81 had loans and discounts Of So 90 %
and total resources of SS9, Is me amount
~. 5enostrors was So 7o9 leS IS The Corn Ex-
- rsn) Al the close of business May 81 had
1oare ana discounts Of S2l27 755 30 and total re-
,-~ss Of ss4 pa sos 81 The amount due depositors
was So 1854 81
N-O-T~E TO FFOLDERS-The holders Of first
,,-rpaea bonds % The Toledo. St Louis and Kan
~as CIV Railroad Company subscribing the bond
eo1sars' agreement Of August 1. 1898, and holders
:. certificates issued by the Continental Trust COM
-anv represeating the deposit Of the bonds under
ne said agreement. are informed by the committee
consisting o. John c. Havemeyer. Herman O Ar
-aour Richard B Hartshorne. Otto T. Barnard
and Norton : Patton. that they have received an
offer 70 purchase said bonds and to effect an ar
-angeuent Of the respective claims upon such
bonds Of the holders OF certificates OF deposit al
price (net0 equivalent 70 $50 per cent TOT each
firsr mortgage bond deposited with all coupons
.-o-, y-,re 1902 70 date Of purchase. and that
the proposition viii be submitted by the commit
tee Tor approval 70 the bondhoiders SUBSCRIBING
said agreement At general meeting which IS
called to be held on June Z
bankers offer 70 investors a. 1924 and accrued in
-es & go 900 per cent collateral trust gold bonds
OF the Erie Telegraph and Telephone Company
Que January l. 1923 interest payable January !
and July l. These bonds part Of 100000
S750gp0 having already been sold. The Erie Com
panv owns the majority Of the stock OF the Cleve-
land Telephone Company. the Northwestern Tele-
phone Exchange Company the Southwestern Tele-
graph and Telephone Company. the Michigan Tele-
phone Company and The Wisconsin Telephone Com
Dary al operated under exclusive and perpetual
Bell Telephone Company licenses in their re-
specrfve territories The number Of subscribers TO
me service Of the constituent Erie companies was
n 1885 81 500 in 1899, 05.564 ana on May / 1850.
1Z2T II IS expected that the close Of the pres
eut year the company viii have 10000 subscribers
fns1Iring net revenue 20 the Erie company, after
payment Of ali bonded interest and executive ex-
peuses Of at least 100000 all Of which will be
applicable for dividends It's stock Since lSsS
the Erie company has paid sixry-six quarterly
dividends. Sixty-three have been at the rate Of
: per cent each and the last three II per cent.
The announcement IS accompanied by a letter from
Charles J Cl1dden. president, and from the auditor
q the company. zorro borating these facts.
UNITED STATES TRUST COMPANY-The an
ruaI meeting Of the United States Trust Company
yesterday resulted in the reelection OF the
tees OF the second class. follows D Willis
James : Earsen Rhoades. John Crosby Brown,
Charles Stewart Smith William .. Sloane, James
SuIlnan. John CIa1in and Lewis Cass Ledyard.