New-York tribune., 1919-11-29
Financial Items

Richard Martens has resigned from r.
Martens & Co. exporters. of which he was
the directing head according to an an
nounccment made at the New York head
quarters of tn, the firm. at Hanover street,
yesterday. This firm is related to r. Mar
tens & Co.. Ltd. a British corporation.
The announcement of his resignation says,
with British cantal, he WI hereafter be
free to devote hs entir ecarecr to the de-
ylopment of direct trade between the
United States and Russio. In cooperation
with important American manufacturers
and bankers plans are being considered
for putting into Siberia and the southern
part of Russia the necessary tools and ma
chinery to restore agricultural industry
quickly as possible"
Equitable Trust Company Of New York
has been appointed registrar of the stock
of the Detroit Pressed Steel Company.
The Mercantile Trust Company has been
appo1Hte4 b transfer agent Of the stoek of
pany.
Hibernia Bank and Trust Company of
Nno Mew Orleans reports dep$sts of $50. 900,
900, 600 the deposits on the CORE
spending day of the preceding year. or
the largest gain made in any. twelve
pany. Total resources November II
last amounted to $4,000. 900. compared
with $4,000. 600 on the same day of 1918.
Walter II. Tappan. cashier of the Ma
tional City Bank has retired after twenty
three years Of service. Nathan Lenfcstey
was appointed to succeed Mr.. Tappan.
e p. Townsend, formerly cashier of the
Importers and Traders National Bank has
been elected a vice president and G. f.
Regan elected cashier to succeed Mr..
Townsend c. F. Puckhafer was appointed
assistant cashier.
Cor Corporation Trust Company has been
of the Inter Coast Lumber Corporation
and registrar for the stock of the Auto
matte Typewriter and Service Company.
The initial dance the Columbia Trust
Club was held at the Hotel Pennsylvania
last evening, with about five hndred
ployees of the Columbia Trust Company
and their guests attending
George w. Gocthals e. Co.. Inc which
recently purchased the w. f. Tillotson
Manufacturing Company. will make a pub
lie offering shortly of the common stock
of the new corporation. to be known as
the w. E. Tillotson Manufacturing Com
pany, Inc; The new company will have
outstanding s75O.ooo per cent cumulative
preferred stock and $4,000 shares of com
mon stock of no par value. An the pre-
owners of the mills of the company.
Announcement was made following a
meeting of directors Of the Assets Rcaliza-
ton Company yesterday that investisat ton
will start Immediately into all former
real estate holdings the theory that
mineral reservations may exist which are
verification of disclosure by a former
ting on two parcels Of land in Texas.
Stockholders of the Carib Syndicate
Ltd. at special meeting yesterday
ratified the recaptalization rlan calling
for an increase in the capital stock from
800 shares, par value s25, to 500. 900
shares The plan also provides for the
subdivision of each share into 100 sub
shares
Irving Trust Company has been ap-
pointed registrar of the Hodgman Rubber
Company per cent cumulative preferred
and common stocks. The company was
also appointed registrar and transfer agent
of the capital stock of Repetti. Incor-
porated.
Total assets of the Merchants Bank Of
Canada shown on the balance sheet to
November II. We're sloS.306572. an in
crease of sS2 100000 over the corresponds l.
/ ing date of last year. The bank holds
securities of the Dominion and Provincial
governments of more than $3G. 900. 900. an
increase of over $4,000. 600 Deposits ag-
grcgate S166, 10000. or more than 3000.-
/ 00o greater than on the same date Of