. The Commercial and financial chronicle. atthe time of payment, and canceled. A dividend of Forty per oent is declared on the net earned premiums of the Companyfor the year ending 31st December, 1904, for whloh, upon application, oertinoates will be issuedon and after Tuesday, the second of May, next. By order of the Board, G. STANTON FLO YD-J ONES, Secretary. GDSTAV M. BACON,JOHN N. BBACH,WILLIAM B. BOULTONVERNON H. BROWN,WALDRON P. H. CHAPMAN,GEORGE C, CLARK,CORNELIUS ELDERT,EWALD KLE1TMANN,HERBERT L. GRIGGS. TRUSTEES. CLEMENT A. GRISCOM,ANSON W. HARD,MORRIS K.


. The Commercial and financial chronicle. atthe time of payment, and canceled. A dividend of Forty per oent is declared on the net earned premiums of the Companyfor the year ending 31st December, 1904, for whloh, upon application, oertinoates will be issuedon and after Tuesday, the second of May, next. By order of the Board, G. STANTON FLO YD-J ONES, Secretary. GDSTAV M. BACON,JOHN N. BBACH,WILLIAM B. BOULTONVERNON H. BROWN,WALDRON P. H. CHAPMAN,GEORGE C, CLARK,CORNELIUS ELDERT,EWALD KLE1TMANN,HERBERT L. GRIGGS. TRUSTEES. CLEMENT A. GRISCOM,ANSON W. HARD,MORRIS K. P. CASS LEDYARD,FRANCIS H. LEGGETT,CHARLES D. LEVERICH,LEANDER N. LOVELL,GEORGE H. MACY,CHARLES H. MARSHALL,W. H. H. MOORE, NICHOLAS F. PALMER,HENRY PARISH,FREDERIC A. PARSONS,DALLAS B. PRATT,GEORGE W. A. L. RIKER,DOUGLAS ROBINSON,GUSTAV H. C. STURGES. A. A. RAVEN, ELDERT, P. JOHNSON, ad AS. L. LIVINGSTON, .yd Yiee-Pres ,y. finanrtal INCLUDING tnmicle Bank and Quotation Section (Monthly) State and City Section(semi-Annuaiiy) Railway and Industrial Section (Quart, nv) Street Railway Section (™wi™s) Kuttired aooording to Act of Congress, in the year 1905, by William H. Dana Comtanv, iu the olliooof Librarian of Congress, Washington, D. wpofcly newspaper entered at Post Office, New York, as second-cWss matter— WILLIAM B. DANA COMPANT, Publishers, 76X Pine St., N. V. VOL. 81. , SEPTEMBER 16 1905. NO. 2099. £hc (Chronicle. PUBLISHED WEEKLY. Terms ol Subscription—Payable in Advance For One iear .$10 00 Ifor Six Mouths 0 00 European -uosenption (inoludiug postage) 13 00 European subscription six Months (including postage) 7 60 Annual subscription in London (including postage) £3 14 s. Six Mouths Subscription in London (including postage) £1 lis. Subscription includes following Sections— Bank quotation (monthly) I Statu and City (semi-annua


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