Democrat and Chronicle from Rochester, New York • Page 22

ItOCHECTlilfc DEMOCRAT AXD CHRONICLE, SUNDAY, JANUARY 6, 1918. ROCHESTER HAN PROMOTED NOKHeSTATMIG DRAIN British Army Seeks Men to Keep Tanks Fit for Bucking of German Line DEPOSITS ROCHESTER'S BAM ANY SUET OR in the store for WILL PLAN FOR SAVING COAL OH ELECTRIC ROADS Committee for Upstate to Meet Here Thursday. WENT OR $3,644,261 IN 191 7 Increase Recorded in Face of Subscriptions of $51,759,350 to Two Liberty LoansRe-fleets City's Great Prosperity. Applicants will be required to prodace certificates from previous employers as to their trade proficiency, and those who produce satisfactory certificates will be enlisted for general service, but will not be posted to a unit. It should be explained to them that they will be called cpon to endergo a trade test after their arrival la England, and that their posting to tbe Tank Corps is contingent upon their passing the test.

Those wbo fall to pass will be required to serve in any branch of the army to which they may be allotted. A certificate in the following terms will attached to each man's documents, signed by the recruiting officer who a cepts him: Is in my opinion a 'suitable recruit for enlistment Into the Task Corps. He has been enlisted for general service with a view to his ultimate posting to the Tank Corps if found suitable. He bas been informed that if not ap CITY'S GREAT BUSINESSES REPORT YEAR OF UHPARAILELED SUCCESS Notwithstanding the fact that inventors in Rochester and vicinity purchased wokh bonds in tbe two Liberty loans, Rochester banks ebowed an Increase of 314.4,261.30 ia diKsits on January 1st of this year as compared -with January It W17. On the first day of 1918 $208,583,300.89 was on deposit, while on January 1.

1917. the total was $188,404,808.96 -was on deposit in Rochester bank ou Janusry 1, 191 and on January 1. 1915. The increase for January 1917, over the preceding year, was $16,530,290.63 and the increase for January 1. 1916, over the preceding year, wis $11,595,450.07.

The Wilfred IFlaherty Promoted to Ser geant at Indiana Cain p. SEROT. JAMES FLAHERTY. Wilfrid Flaherty, son of James Flaherty, of this city, who enlisted as a mechanic in the Motor Truck Division in Detroit, in June, 1917, has been appointed sergeant. He is enjoying the toest of health and is enthusiastic aWut the army.

He is stationed at Fort Benjamin Harrison, Ind. materials. The aggregate value of the output is more than $30,000,000. The price of woolens have risen to unprecedented levels. Rochester manufacturers have agreed to cut down the number of styles iu this spring and fall garments and to eliminate all frills in an effort to save -wool; According to Arthur Stern, of Michaels, Stern Company, the draft has not as yet seriously affected the clothing business, although its influences are felt.

Retail clothiers figure that to date the men who have gone away will be immediately replaced on their list of by the youngsters who move forward to take their places in the business world. The boys are getting into their first long tronsers twelve months sooner than they have been, it seems. According to Samuel. Weill, vice-president of the Stein-Bloch Company, and president of the National Association of Clothiers, spring business the clothing industry has been good, surprisingly good, whether it is easily accounted for or not. War Orders Help.

Credit men of large representative Rochester industries report that all sections of the country are enjoying unusual prosperity. It is estimated that 98 per cent, of the total amount of goods manufactured in Rochester is sold in outside markets. In other words, but 2 per cent, of the things made in this city are used here. Of course, if the country at large is enjoying a period of prosperity, Rochester industries boom and there is woi'k for everybody. Government contracts or army clothing aggregating several millions of dollars have been offered to Rochester manufacturers.

To date none of the Rochester clothiers have found it possible to accept the contracts at the prices offered by the government. A large amount of war material is manufactured in Rochester. The Bausch Lomb Optical Company is working at full capacity filling its government con-' tracts. An addition to its plant, at an estimated cost of nearly $500,000, was made necessary because of the immense amount of instruments being made for the United States government. Shoe Prices 25To Higher.

Some Rochester shoe manufacturers feel slightly the effect of the wave of economy in curtailed sales. These manufacturers believe, however, that the curtailment is only temporarily, as the general undertone in the industry is said to be strong. According to Frank X. Kelly, presi-dnt of John Kelly, manufacturers at Jay and Saratoga avenue, all Rochester manufacturers are doing satisfactory business. He said was no foundation for the idea that conditions in the shoe industry were sluggish because of overstocking by retailers a year or two ago.

Retailers purchased, liberally two years ago when the market began to advance, but I believe that the goods bought then 3iav. been moved from their shelves and max oniy a. nurxuai quantity remains. Some grades of shoes have Increased 100 per cent. In I believe that a fair aver-aye of increase on all kinds Is 75 per cent.

The Increased cost of labor played an Important part In boosting the price. There has been an increase In the cost of em; operation entering into the making of a shoe. The added sum paid by the consumer. Is d'stributed from fanner to retailer. I venture to say that no one really benefits by the Increased prices.

No Lower Either. "The movement of accumulated goods dui to the decrease in J.he effectiveness of the German submarine campaign will boll prices firm. Our surplus supply shoes will be shipped to foreign countries. Retailers are beginning to realize this anJ show no hesitancy In filing orders for next spring's merchandise. While it seems at.

iug from the war. As peace draws near extensile readlustiiirnt win 4 'ft 1 Proof, If any were needed, seems to be given in a communication jnst received at the recruiting office of the British mad Can adian Mission that the tank ia a read tn-gtitootlon" and not a mere spectacular Hem of war impedimenta, for men are to be recruited generally for the Tank Corps, an organization that Is made np of men from different trades and callings, and which Is charged with the, doty of keeping the big land battleship in fighting trim and buck ing the line when the order to advance is Recruits will have to pass a test for the Tank Corps, and if they do not prove them selves fit for this branch of the service they will be a'bsorbed in ome other branch. The teat will be made in England. Tbe communication on the subject of re cruiting for this service follows: It is noticed for Information that re cruits are required for the Tank Corps in the following trades Acetyle welders. blaclcsmltns, Doliermasers, copperBmiias, draughtsmen.

electricians. litters and turners, painters (camfoulage) tank driv- traction drivers, woeeiws. exoerlenclre real neace prosperity. The high cost of raw materials to-day and the consequent higher levels at which manufactured commodities are marketed are accountable for the high figures shown in 1917 financial statements prepared by in-? dustrlal concerns. The Rochester manager of a 5 and 10 cent store syndicate said that the holiday business was tho largest in his company's experience, going to show an Increased amount of money in the possession of work ing folks.

High Clearing Records. New high records In Industrial and commercial endeavor In Rochester are reflected in bank clearings and other recognized business "barometers. The report of William G. Watson, manager of the Rochester Clearing House, whose clearings of $363,223,830.33 for 1917, compared with J315.121.C3S.5S for 191, an Increase of The clearings in 3317 were the largest in the city's history. In the clearings were 254.886,043.77.

The gain in two years, is $108,337,786.06. While large sums were drawn from savings banks last year to pay for life Insurance, automobiles, pianos and the like, the real estate market was stagnant. Real estate. It is conceded, is the last form of wealth to feel depression and likewise the last to recover. The question arises in the minds of representative real-estate men whether Rochester has entirely recovered from the conditions ef four years ago.

However, conditions are expected to materially improve in the spring. Little Building: Done. The high cost of labor and materials has practically put a stop to building, except commercial additions, which are absolutely necessary because of Increased volume of trade. A decrease of $2,624,627 is shown la the amount of building in 1917 in comparison with that of 11G. Building estimated to cost was authorized to be erected in 1917, compared with building estimated to cost $0,379,447, Issued tn the preceding year.

Building operations In 1912 totaled $12,036,436. or nearly twice as much as those last year. There was practically no speculative building last year. As was stated by the president of a "Rochester trust company. prices asked for building materials to-day do not represent real value and that the man who builds to-day must charge off at least SO per cent, of the cost of construction when the prices of materials re turn to their normal levels, which they will eventually.

Of the 2,272 permits issued in 1917. 857 authorized the construction of garages, reflecting prosperity in that many people are purchasing automobiles. The assessed value of property valuations, real, personal and franchise. In Monroe county on January 1. 1918, is compared with $284,334,255 on January 1, 1917.

The assessed value on January 1, 1016 was $270,602,024. The increase on January 1st this year over January 1, 1917 is $59,047,181, tho largest by far in the history of the county. Mortgages for Twelve Years. A decrease of $4,081,400 is shown in the total of mortgage loans on real estate In Rochester In 1917, compared with 1916. During the past year, $14,641,834 was lent on Rochester real estate compared with $18,723,234 in 191G.

A decrease of $2,786,542 is shown In the aggregate value of mortgage loans on property in Monroe county, Including Rochester, in the last year, compared with 1916. In 1917 there was $3,697,376 lent on farm property In Monroe county, compared with $2,402,518 In 1916, a gain of $1,294,858 for 1917. This is explained by the fact that many farmers put mortgages on their property to obtain funds to do more Intensified farming as a patriotic measure Id the successful prosecution of the war. Out-of-town banks have lent nearly on Rochester property In the last four years. Recently tire Albany County Savings Bank, one of the largest of the outside banking institutions doing business in Rochester, announced an Increase ia its interest rate on mortgages from 5 1-2 to 6 per cent.

Rochester banks charge 5 per cent. Mortgage for Twelve, Years. Following is a table showing the total value mortgages in the entire county and the value of mortgages in the city for twelve years past: Mortgages in connty Mortgages in city 3.66. S69 S7.52fl H.2l"6,33t K.143.930 13.631.3d2 16.05.1S 1305 1C 1S 4.463X4 14.42.44rt 15.S1S.424 27.S37.741 1D1 1M1 112 17. 7.7m!L'4 i.

S.035,O2 IS, 19.OW.lS2 i ia 1 13.723. :34 Distillery Doesn't Close. Although the United States government ill to us a figures are as follow: Bank. ntral Knt Hide Karlngs Fidelity Trust (ienesee Valley Trust Liucoln National Mechanics Having Merchant Monroe County Natl. Dank of Rochester Savings ftochewter Trust Security Trnst Traders National Union Trust Citizen 191G 7.115,l24.ft6 417 ..12.40 ,,170.77 l.V402.?7 4.73,WK.t:7 5.7K1.4.W.7J 10.OUW.091.S7 Total S18M04.808.W Increase.

Effect on Different Banks. Kleven banks in Rochester showed a total sain of 5 ,029.687.07. Four institutions showed a total loss of The Citizens Bank, which opened its doors for business on January 1. 1917, showed deposits totaling $1,333,708.64 on January 1, 191S. There is no question but that the floating of the two Liberty loans caused a tremendous thrinkage in bank deposit.

Home banks suffered nioro than others. Those institutions that elected to sell their quota of bonds, as apportioned by the Rochester Clearing House Association, to their depositors, rather than" carry them as resources, are said to hare suffered a large decrease. ISvery savings bank iu Rochester Mjows an increase in deposits, reilectinj the steady erap'oynient of lalor. The Rochester Savinjfs Rank loads ith a tain of 1,163.198.28. The Iu Side khows a pain of $346,950.31, the Monroe County Savings Rank is next with an increase of $250,033.35, and the Mechanics Savinjs Rank shows a pain of $217,930.86.

Among the business banks the Alliance shown tho largest Its in--rcase is $956,572.3. The Central Rank hhows a gain of $557,500.06, and the Merchants Rank an increase or Aroonff the initutnms sufferuiR a loss the lldelity Trust Company leads ith aecreaso oi i.i.h',?.". explained by the institution's interest in the liberty Jxxin. Increase Would Have Been Xarger. I( is the claim of representative Rooh-eter bankers that had it not been for the two issues of Liberty bonds, the in-eroaee in deposits in Rochester banks this year Would have been the greatest in the history of the city, notwithstanding that the increase of January 1, 1917, orer the preceding year, reached an unprecedented figure.

Including the Citizens Rank there are sixteen banking institutions iu Rochester. Notwithstanding the large commercial and industrial growth in Rochester during the past decade there ia (he ame numbeV of banks in the city now, including the Citizens Bank, as there wa in 1903. In that year the, Flower City National Rauk and the crman-Aiucricai Rank combined to! form the Lincoln National Rank, and the Commercial Bank of Rochester and the Rank of Monroe combined to form the National Bank of Commerce. The Genesee Valley Trust Company was chartered in 1903. A net loss of one bank resulted from the two mergers which ia now equalized by the Citizens Rank.

Rochester's population, aecord'ng to the state census in 1915, is 24S.405. Con sidering banks of discount, savings and trust companies, there is a bank for every 15,540 inhabitants of this city. There ia a savings bank for each Fewer Than. Other Cities. Rochester has fewer banks than cities similar population outside the state.

Indianapolis, with a population of has twenty-eight banking institutions, one for every 7,344 inhabitants. Kansas City, with a population ef 215,381, has thirty-seven banking institutions or a bank for every 6,711 persons. They include eleven national banks and twenty-six trust companies 1 and savings institutions. Providence has a population of 326 and nineteen banking institutions, a bank for every 11,806 resident. The institutions include eight national banks.

Increase or 1 decrease of OTer 1917 9iV5.572i$ 1.4:,7.'W.v 4SM.KVrt.it5 4.f!.7S 1H0.018.M 1.16.1!8.2S 1.0B.1SM7 oo.i7tt.rjf 1917 10.124.473.47 7.7(t7.05.6J H.H,-4,6f:s.87 17.Ki3.125.Sl 2 2r.777.2yj.a i.io,ri:4jst H.299.018.T! wis 11.W1.043J K.2fi..lStt.M 14.afi.V00.34 i.9.SKl.j 3847.K2.4 10.7J9,lSH.15 :3.l 12,630.1 4 l.Sa3.708.;4 3,644,261 ties, which are in fact the same as those purchased by bank officials with moneys deposited with them. According to William W. Ilibbard, of the brokerage rm of Hibbard, Kalb-fleisch Palmer, tho aggregate amount of small iu vestments made in Rochester during the pa'St year makes a most substantial sum. Mr. Ilibbard said that there has feecn unusually large number of purchases of railroad stocks and bonds.

"We never knew or heard of many of the people who came to us as customers during the past year," said Mr. Ilibbard. Hcores of people -who never before (purchased investment securities came to us, attracted by the low prices." Mr. HiVbard is very optimistic a-ceruing the fnture value of the securities purchased. He beneves that the trend of the market is upward.

Money Market Tight. Call money to-day is -worth 6 per cent. It was not many months ago that this money brought 2 1-2 to 3 per cent. The interest charges on call money are computed on a daily basts. It is money lent for short periods.

Commercial paper of unquestionable value is iu great de-maud. According to iMr. Ilibbard, money needed to finance stock transactions for his firm's customers cost 6 1-4 per cent, in the mouth of Iecember. Money is rather stringent at the present time, Mr. Ilibbard said, -but he looks for improvement 3efore the middle of February.

Interest in investment securities at the present time is centered largely in the small investor. The proportion of money available for investment ia stocks and bonds -is actually lessin -prosperous years than in utrprosperous' years, contrary to the general belief. When manufacturers, big and little, and all sorts of 'businesses, find trade increasing beyond the capacity of their plants the owners put profits into extensions of the- plants instead of into other investments. This always happens in prosperous years and large additions to -a number of Itochester have been constnicted during the past year. In unprosperous years business men with surplus earnings do not extend their plants or buildings, or buy new machinery because their business does not require it.

They put their surplus profits into other investments like stocks and bonds. Shops and Workers Prosper. According to an official of one of the commercial "banks having accounts wich some of the large clothing and shoe manufacturers, these industries are enjoying prospperity. Ia fa.t, it is said, every branch of Rochester's industrial and commercial enterprises shows a healthy financial That wage earners! of Rochester have been laying aside more money for-a rainy day than ever before is shown in the statements of the savings banks. Many have elected to put their savings in Liberty bonds.

Lhiring the past year the four savings banks in Rochester gained more than ten thousand in number of depositors. Not only steady employment and wage increases have created an exceptional opportunity for Rochester workers to save money, 4ut bonuses given by employers have helped thrifty persons to add to their bank accounts." The one distressing factor is the high cost of foodstuffs. Retail Business Good. There are few retail merchants in Rochester who are dissatis5ed with their holiday business, notwithstanding that nearly seven thousand Ttochexterians Every popular style Is here and every man who has ever bought an Overcoat or Suit at Menter's knows that our values cannot be 'excelled. Pay $1.00 down, take any overcoat or suit In tho store, then pay as you get paid a small sum each pay day.

$15 to $35 MEN'S SUHS, $15 to $30 BOYS' OVERCOATS, 55 to S12 37 STORES Hi: 62 STATE STREET Up One Short Flight Open Saturday and Monday Nights There Is a Difference Quality Counts If you want to buy a good Suit of Clothes you go to a first-class, Merchant Tailor or a reliable Clothing1 Store. It's the same in the Cleaning or Dyeing Business. Jf you want quality work you must patronize' an establishment that is properly equipped to thoroughly clean your garments, where expert help, who have had years of training and experience, are employed. Ours is such an establishment. You don't have to worry when your Suit or Gown is left with us, we understand the different textures of the materials as well as the fastness of colors which is so essential in the handling of delicate wearing apparel.

Mourning Orders Dyed Black in 48 Hours Phone for Our Auto WILSON Leading Cleaners and Dyers 181-189 South Avenue 1918 Number Plates You can- get 'your new 15 Auto License Number Plates in ten minutes by going to tbe License Bureau at North Fits-feogh street. TO CHANGE FACTORY HOURS One Suggestion Hade to Make Traffic Demands Less Heavy at Certain Times of the Day Hop to Sav re Million Tons, la Country Steps wera taken greatly to diminish the consumption of coal used by the seventy- two operating electric railway companies la New York state at a conference In Albany on Thursday of company officials within the Jurisdiction ot the Public Service Commission for the second district. James F. Hamilton general manager of Rochester lines of the New Tork attended and was made member of a committee to formulate a plan for presentation an adjourned meeting of tho committee la Rochester this week Thursday. Other members of the committee are: Charles R.

Barnes, chief of the Division of Electric Railways of the Public Service Commisslou, ex-ofEcio; James P. Barnes, general manager of the Schenectady Railway Company; II. B. Weatberwax, vice president of the United Traction Company, of Albany, and W. II.

Collins, general manager of the Fonda, Johnstown lover s-ville Railway. Nothing Drastic to Be Done. "The railway olHcials have pledged themselves to do everything possible to save coaL" said Mr. Hamilton yesterday. "Six teen million tons are being used by the electric companies in this country and one million tons must be requisitioned in order to meet tbe demand.

"The facts as presented to ns by the officials from Washington give us some insight Into the need for greater conservation of resources In this country, We will do nothing drastic. Before any changes will be ordered here we Will take them up with the city administration and tbe Chamber of Commerce." Mr. Hamilton said the runs la late evening might be curtailed and other such movements ordered as might conform with tho policy ef conservation. Would "Stagger" "Working Hours. Resolutions recommending steps tflT.be taken by the companies within the jurisdiction of the commission to save coal were adopted, as follows: Whereas, the national and state fuel administrations, through Loomis Allen- director tho American Electric Hallway Association War Uoard, hao directed the attention of the Public Service Commission and the electric railroads to the necessity or conserving for war purposes during the year lttis oue million tons of the annual bixteeu-tnillton-tous consumption of coal by electric railways, sud Whereas, approximately, two hundred thousand tons oi coal are used annually by tne electric railways or tne state or sew lork under the Jurisdiction ot the Public service Commission lor tbe second dis trict, and Whereas.

It Is the unanimous ooinlon of the stato and Federal fuel' administrations and the Ward Board of tbe American Kiec- tric Railway Association, as well as of tkt omciais ana representatives oi the various electric railroad companies in the secomi public service district that one of the mott effective means which can. Ik employed in the conservation of energy as requested by the national and state fuel administrai-tions and one which will cause the least inconvenience in proportion to the results to or labor in industr.al plants, the employees or wmcn are patrons ot electric railroads. ana Good Service Impossible. Whereas. Under the present arrangement of working: hours of these employees It is most cases an impossibility for the com panies to lurnish a reasonably adequate service during th hours when they desire to travel ana.

Whereas, This Is so not only by reason or tne limited numoer or ears which companies can furnish but track limitations preventing the operation of the necessary cars, and 4 Whereas, With the suggested Changs in hours of service -it might be possible to utilize one car to three times its present capacity, and Whereas, It la believed that the increased convenience to tbe employees of these plants by the change In working hours would more than offset any Inconvenience which might result, and Whereas, It is further believed that practical results can best be obtained through the co-operative effort of the see oud district. Publicity Service Commission and the employers of labor. Now. therefore be It Resolved. That this conference respectfully request the Public Service Commission to give immediate consideration to the possibilities involved In the above suggestions and to take such action as in its judgment may best promise effective cooperation by industrial enterprises In the various cities -within its Jurisdiction where the project appears to be especially feasible: and be it further Resolved.

That this conference assure rhe Public Service Commission of the hearty co-operation of officials of electric railroad companies in the second public aervlce district in its efforts in this matter; and be it further Resolved. That each electric railway In tte second- district of the stat of Kew York furnish to the Public Service Commission the names of the Industries am the approximate number of employees la each whers the "staggered" service would be of benefit and could be made effective. NOVEL DANCING CONTEST Planned by Miss Elizabeth. Marbury, of "Girl o' Mine" Miss Elizabeth Marbury who is responsible for the production of the musical comedy. "Girl Mine," bas arranged a novel dancing contest to be held at' the Seneca" Hotel immediately after the performance at the Lyceum on Tuesday evening.

This contest will be open to all. Miss Marbury has donated a silver enp for prize. Mr. Hyson and Miss Dickson, of the "Girl Mine" company, give an exhibition dance during the 'evening. The determination of the winners will made after this fashion: All couples on the floor will be numbered and duplicate numbers will be held in a box, to be drawn by some neutral.

As each Is announced the couple holding that number will be counted out, and so on till but one couple remains the winner. The affair Is believed to have been so arranged as to furnish the maximum of fun- Automobile News. Use a primer, starts motor instantly oa any ear, makes high test gasoline out of low test. Sold on thirty days trial. Special discount on hood and radiator r-nvers, robes, son-freeze solution.

We repair yo.ir tire chains free of charge. See- ns alxiut tires now. Gibaod's Itochester Auto Supply, Kast Main sad Still-snn f-trrJs. Adv. proved he -will be held to serve in any unit to wnicn ne may ne posted.

The following recruits were accepted yesterday at the office of the British and Canadian Mission: Sidney J. Styles, No 97 Broadway: Sidney Marshall. No. 2 Arts street; Daniel Uorrocks, Lasaiie, T. NAVAL MAN IS ON FURLOUGH Albert Francis Is Spending Few Days with.

Parents. ALBERT FRANCIS. Albert Francis, who enlisted in the navy when war was declared on Germany, is spending a five-day furlough with his parents, Mr. and Mrs. Joseph Francis, of No.

471 South Goodman street. Francis Is in training at Brook lyn. employed In all plants of the company when they are running at full force, "About 5,000 of these men will be brought from said Mr: Anderson. "They' include many highly skilled and semi-skilled machinists. Most of the men will come here with their families.

The effects of the Influx of new workers, attracted by large wages will soon be felt in Rochester business life. The men are guaranteed work for several yers. To date th-j Symington-Anderson Corporation has erected new plants ia Rochester at an aggregate cost of nearly Other large extensions are planned. Express Companies Appeal. Light on activities in Rochester's industries can be gleaned from the fact that four express companies, the American, Adams, Southern and Wells-Fargo have joined ia a request to shippers in Roches ter to avoia the use of express service for short-haul traffle in and around congested districts of the country.

In a joint letter to manufacturerers and other shippers la Rochester the express companies state that they are handling their maximum amount of business. COMPETENT NOW, SHE SAYS Mrs. Alice E. Williams Makes Statement About Her Difficulties. Sometime ago a printed article said that Mrs.

Alice E. Williams, of No 95 fJeffersoa avenue, waa declsrot tent to make a sale of land In Clover street and that the property was to be transferred, tacit to her. Mrs. Williams makes the following statement: "They forgot to mention that the aooar- ent sale was made years ago, when I was and tfhould not have been called upon ao ousiness. the years that followed the contract was void because of being unfulfilled.

They waited nntn well before unfurlng to the world that I was adjudged' incompetent. It looks to as thought they Intended keepinff me in the background forever In the matter of the conduct of my own business. As the property in question -has been proved of much greater value than advertised, the outlook Is not pleasant for those who are trying to injure me. "There are proofs everywhere that fully capable of attending to my own busi ness. My husband.

Dmlan vt-n thought me worthy of the esecutorhin of the estate and named no other. Further more, be wished no other executor over me. am tired of being abused because Mils property left to me. I have carried mortgage and derived much benefit from my lanu ruan i should have had. Those who rlanned to defraud me of mv possessions will not succeed la their efforts Loan Association Elects.

At the annual meeting of the United Permanent Savings and Loan AssocLitin No- 503 Portland avenue on Wvdnesday the following ofiicers were elected: President e-presiaent. nf.c KnPt': financial secretary, Leo Speigel- re- coming secretary. W. T. Dakln: treasurer I-ouia Knapp; directors Gustavp- Seifert; Financial Committee.

Miciil -men mr xboooepy riday. Ira A. Allshouse. alias Edward Wilfwin 7 years old, will be tried in police court 0,1 Priday next of a charge of robbery, seoad degree. He Is accused of having attacked Oaiea G.

Peters on October 25th irs as mocsw aown an-1 robbel of $35, his watch and a stk-kpin. Warner 5. LTOS tBe etller daT 1 tried ca Allshouse was arrested la Krie, Pa. 1 1 eight trust companies or state banks i and three savings banks. Seattle, with 237,194 people, supports thirty-seven banking institutions.

Six I of thes are national banks, twenty-nine I stato banks or, trust companies and two I saving banks. There is a bank for 3 i are engaged in military activities. One most certain that prices will not advance of the large department stores had the further, there is small likelihood of a re-greatest volume of lnusiness in its his-; cession. tory: Retail jewelers are joyful over! -The fixed charges In the manufacture of their holiday trade. Tne holiday trade; shoes, amotj them the rental of machln-opened vp later than usual this year but ery, have remained the arue.

I bcUeve that the vohirce made up for the delay. The; ibe prospects for eontimu-d prosperity In money taken ia will fee a stimulus to btiy-j the shoe industry are most encou ragtag." ing in the primary and jobbing Most bankers say that the nnancialoiit-Satisfactory conditions ia the jewelry look for 11)18 Is most encouraging, not-business reflect proseprity ia ail lines of withstanding innumerable perplexities aris- How Deposits Compare. i Rochester banks compare rery favor-ml ably with those of other cities. Relow is a table of statistics of a few cities ll approslmately the same size as Roch- I ester: lwf 1M3 unrrs av-mr i in r. mi iuuumtj, waicli may '1V7 Ctty i Tte-h ester attlo Proxldeace Atikany 7 Svmouse Surple Itenonita S.WU.W 4.9Kt00O T-LSTrtiOl iTorto rT4 irt 1 t'H'fXj 4.5Si.0Urt 7.3'WO J.4u7.0 proaib'ted the manufacture whisky thet5l Storilnt Martin Webber and.

Hvnry New Orleans. i JndiaDapoiWt Kansas City, i i Me. 14.f 14.0 'Buffal lt.oiOt S.4S,Oj) 7S.T7.o S. 3,31 M09 retail endeavor. Hard times are quickly felt in the jewelry business.

1 Amtiit'M is uav-i lag abnormal prosperity. One Jeweler il.of i at, greater 41 i.jjn um set joy jjj tae aun summer montas. The demand for wrist watches and other niaitarv lae iotju sales. raVm mr a.ve ot economv that has swent over tfc i ininT-ovt ti ciaiui made 4r those that aro I the sale of apparel Representative deal- ers ciaia, that the effect of nr I i. ril in i i ui vera epiorarie, ui taati ii uas otnsed aowinr down in the ready-to-wear business.

Rochester clothing manufacturers are confronting problems in obtaining sufficient labor and in the purchase of raw cause uiporary inconvenience an.i l.i-w 1 irscjustuient wiut uiaer tic.es. Year's Outlook Good. Several industrial executives of Rothes-I fenc i o.iinioa mat the, oiir.J i was a year ago. Most of them are booked far to limit the rear only ou4pnt PtJ v. I ana ttteir a hility to purchase law materials Statements Issued to banks by executives Rochester business enterprise ehow unprecedented figures.

Manufacturer' state ments show receipts and expenditures mom than doutle shown 1 of business in 1M1, when this country wa urK enzu7 i manuiacture or meaicmal and commercial 1 alcohol. Commercial alcohol is of crime i importance in the manufacture of monitions! of Operations in the various proper- ties owned by the company are not cur- tailed ia any way by the government ban. To Employ 12.0O0 Men. a AA)t i a of the Symington Amie.on I I'orrmntion. which lml, uromt lnra.

I acid guns, more thao 12.000 men will be Good Securities Down. An important factor contributing to a shrinkage in bank deposits is the low level at which standard investment s-; '-'csrities are selling. Attractive invest-' ment stocks and bond have, ia be past year, sold down to unprecedented levels. 1 Many people have -withdrawn funds from Rochester banks to purchase these -sccuri- UfeTKsIJd'.