The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-10

INTERIM
To Holders Of United States Mortgage & Trust Compa,
Certificates Of Deposit for Common Stock Of Information
Mercantile Marine Company:
Your Committee has RETAINED from giving any statistical inform
.aif Nsssfs. By gs MsssS W SSse GS,s;i eG q ea' 4 !, c. s:o as SS..s1s! IA! ISs !%
, 'ssdt b. 70 ,1 St 9 p,eps ss%P ss &. p + ssx s @s, ts R'fss ,sP sssS & e: S p, J
aapppro,cd by your CommMtee. il is deemed proper to present to you at 4
Of c% The differences bet I'VE q he TWO %S0 comn 'asss: '0se'0er WITH q s'a'e's
Capitalization and Asset. Of tn. Marin. Company.
The Marine Company has the following capitalization:
Bonds-two issues, 415Ss and o.a26ooo
'@"'' eses S,%SlMesr d SsiSs Of ,sSy "''''''0
Common Stock-psr value. neutrality-suspicious.. ~<s.S72iio
q s'S ;2 : i. ,s;s, ." "n ssnSs & T. ~ :'; 81 3 ':ss's ssm IL s',s' '.. :" se: :s'
In,,s ss,I Linn Lime r.nn.s. Dec. 81. 1914.
% S5:l:ass9 ; :ss Line. T. Ind. :s;ss : a.a.ta.: '''''' tons
Red ses Line me approx. y paid for. aaaas+ "
s ass S 6 'Ssssy, q sH' Il. ' sssisa ,Is s;Y si:N e al; s:sf S4sp =. ,s,es ssn Ss%:,
n 'nfss I'H &sresst ns S Ss"aay CO. soe' p;dp to a constituting the Inter
m, Tenn.s. Dec. 81. ,.ia.
Under ooo.troetoo. -. is4ss "
Of Of 'ns sss11ns t' s, ss q 81 t he I s;ssT ssI: s'H ssa iT S; &: .' ssS sso
Line Line s MSjSs , TO- the t's ssi%, Of ' ssout szo SSss tS Sf f S"ss.s dss ssoef
s ss.: 81: {. 'Ai Il s:'s sss sssssss & T Il. iss i E;I:ss f Sc: &: : ,$:!sasRS
, nsis ssd d tnf ," sSs 'ss ,sd ss sss. ne" c} sa5 %A iessy sss"e es1,o aSi is 1 ms,
f Frr IS i ssis?i ,s e ds1ssf Hae as sssssSt suS s. sSaSHS sns q ssi Is
s ss,,. I'd j. 6 8: : q! sss"' sss e '' :sE Rs' ssS : s's ses sssss' 3. g. :;es !
debenture issue. originally S: $4,000. has been. paid. IN 1915
s !: s. :s, s'5sss' OF f 'f the S:s sS@Ten "! Yea; 'f 's !: sa' 's e. at war "a" increased 's1 xs'i
The COS. Of this investment to the Marine COMPANY with interest
1915. over sls!eoOoo.
o) Investments. The Marine Company either directly or through
subsidiary companies has the following interest in the common
stocks of other companies:
Honssss America Line Ss%:d .a,esso tons
shsws.5u . Albion Co. TG on%s ,,..s o
Ltd. Approx. @4es Under construction. 1850 % :"
Tonnage:
Ltd, Approx. 500 Under construction
Npprox)...... 5000 "
Condition Of the Company prior to the Declaration ofwar, Augusta s
The In nsTsn. a., MERCANTILE l. as, Va nee. Go: wa va f. formed in 1872 o.; = 7
4sEy dsi S5as until ,s Outbreak q tie present. s war n: and 4 The nj
s ,r sns 8 sra ,s y HssI !% nEssssf.t srS sSs the sr' date f% Of its im tSt"ns,1e" to 3 p ssss 81 IL ~
following comparisons:
Gross Voyage Earnings. l. M. M. Co .... s29. 777s6 $47.sl9.4o4
The year 1913 instead Of 1914 is used as it is the last year in which
the earnings are not affected by the war.
7onnag. De- 81, 1902 DEC 81; 1911.
Under construction about
Leyiand Line In service. ..... .259.se6 " 2ese3l "
Under construction. ..... $500. lS@25 "
Total Observation-Disclosures. .9s2.s4o tons 1860 sol ton.
. .SSTsa r ass asssny Sna .sr- s2%tis:. fsi 'se es.u s .P !. Ss9:f accurate
New Tonnage.
Between January l. 1911, and December 81. 1914. the following amour
Ne spent for new tonnage. partly for requirements and partly for addItio
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