a Ld AFT An edition of 100 ot which this is No. Peacented to This volume is a combination of a series of booklets published by the First National Bank at Pittsburgh, in exposition of our city’s progress in business and culture. It is fitting that this record be dedicated to the memory of the late beloved president of the First National Bank, Mr. Lawrence FE. Sands, whose vision and work has made a very deep impression upon the general welfare of this community. May we hope that this volume will be worthy of a place in your library, not only for your own pleasure and information, but also for any inspiration it may furnish for a future generation to maintain and enhance the fine traditions of the City of Pittsburgh, Pennsylvania. THE FIRST NATIONAL BANK AT PrrrssurcH, PirrsBurcH. Pa ges rs enn ee [AY SpE Pe re yr The Story of PITTSBURGH Volume One Number Four COAL AND COKE First National Bank at Pittsburgh June. 1920 He LINER ITE TEESE IONE ERENT. CHORE a DONT EDEN LEONE ERED IIIE JOON EE EE LEI TET 1 1 nue HENRY CLAY FRICK Tue Cokr King or THE WORLD The Story of Pittsburgh Coal and Coke : B® tHE recent death of Henry Clay Frick was a great loss to the financial and industrial centers, not only of this country, but of other countries also. Mr. Frick was undoubtedly acknowledged to be the “Coke King of the World.” It is a singular coincidence that the passing away of Andrew Carnegie, the “Steel King,” should so soon be followed by the death of his sne-time partner, Mr. Frick. The two co-operated for many years, but were business opponents later in life. Mr. Frick was born at West Overton, Westmoreland County, Pa., on December 19, 1849, and was therefore about threescore and ten years old when he died. At the age of ten he was a boy on a farm, and he received very little education such as one gets in the schools, but his practical business education, obtained in the great world of industrial activity, was wide to an extraordinary degree. He did, however, enjoy a short term at Chester Military Academy, after a few years in the elementary school at West Overton, and he also spent a few months at Otterbein University, Ohio. At the age of 16, Mr. Frick began his business career as a clerk in a dry goods store, and later went as bookkeeper to a mill owned by his grandfather, Abraham Overholt. He had an almost intuitive knowledge that the coke industry, then in its infancy, was destined to become one of vast importance, and he invested all his savings, and all the money he could borrow from his relatives, in coke ovens. He was successful as a coke operator from the very beginning, and in 1878, he and his partner owned 200 ovens. Then came the panic of that year, but not- withstanding the severe financial and industrial depression, he went on expanding his coke business. He not only succeeded in borrowing enough money to operate the ovens he already had, but to buy more. After this, Mr. Frick’s progress was rapid. The panic of 1873 really gave him his chance, enabling him, with his great faith in the future, to obtain large tracts of coal lands. No one else understood quite as well as Mr. Frick, the value of coking coal in the great steel industry, then beginning to make a rapid growth. At 30 years of age he was a millionaire. His business interests overflowed into many fields. He incorporated the H. C. Frick Coal and Coke Company, with a capital of $2,000,000, and owned 3,000 acres of coal lands, with 1,026 coke ovens. In 1882, there was a consolidation of the business of Mr. Frick with that of Carnegie Brothers & Co., and he became chairman of that corporation in 1889. The Duquesne Steel Works were later acquired, consolidated into the Carnegie Steel Company, and Mr. Frick became chairman. For many years—both before and after the organization of the United States Steel Corporation—Mr. Frick was one of the men of first magnitude who controlled the industrial policies of the United States. He usually exercised his power inconspicuously, but his compelling prominence cropped out from time to time. For instance, when the Interstate Commerce Commission published, in 1906, the names of the largest owners of railway stocks, Mr. Frick headed the list of individual owners; and in a list published in 1909, he was put down as the largest owner of Pennsylvania Railroad stock, the largest owner of Chicago and Northwestern, and one of the largest of Atchison, Norfolk and Western, and Baltimore and Ohio. Mr. Frick was a devotee of art, and exercised unusual skill and judgment in making his collection, supported by ample means. His collection is said to have cost him between $30,000,000 and $40,000,000, and to be worth $50,000,000 at present. It is easily rated as the finest private collection in the world. The supreme masterpiece of the collection is the portrait of Rembrandt by himself. painted near the close of the artist’s life. This collection of paintings, together with the palatial Frick home in Fifth Avenue, New York, is left by Mr. Frick in his will to the city of New York, the transfer to be made on the death of his widow. It is in this particular disposition of his works of art, said Mr. Cortissoz, a distinguished critic, that Mr. Frick has done most to place 11s countrymen in his debt. The pre-eminence of Pittsburgh as the Coal and Coke center of the world is undisputed. In the production of these industrial necessaries, the Pittsburgh District leads the world. One-fourth of the Coal and nearly one-half of the Coke produced in the United States are produced here. The industry dates back to 1760, two years after the buildof Fort Pitt, when the early settlers dug coal for fuel, just across the Monongahela River from “The Point.” The Geological Survey pronounces Pittsburgh Coal to be one of the most valuable in heat units of any produced in the United States, and the output of the district exceeds 100,-000,000 tons annually. In the year 1918, the production of bituminous coal in the United States totalled 579,385,820 tons, of which Pennsylvania produced 178,550,741 tons. The output of Coke amounted to 56,478,372 tons, and of this total Pennsylvania made 26,723,645 tons, and most of Lhis being produced in the Pittsburgh District. Connellsville reported for 1918, 37,061 Coke Ovens, and shipments of 16,138,590 tons. The high water mark of Connellsville Coke production was in 1916, when 38,362 ovens produced 21,645,502 tons. In that year, the State of Pennsylvania produced 81,279,695 tons, and the entire country 54.538.-585 tons of Coke. Coal is not merely a black substance, more or less sooty and dirty to handle. It is not merely a fuel, the chief source of heat for manufacturing, transportation and domestic purposes. From coal, many charming colors are produced which enhance the beauty of fabrics, and from coal thousands of drugs are derived. for the use of the physician and chemist. Bituminous coal is the backbone, so to speak, of the great industrial and commercial life of the world. While the use of coal dates back to the earliest times, its con- sumption in large quantities covers only a comparatively recent period. The Chinese made use of coal in the hoary ages of the past, and Greek writers tell of the knowledge of coal as fuel by people living on the north shore of the Mediterranean Sea as early as the fourth century before Christ. At the time of the Roman invasion of the British Isles, we learn that coal was taken from the outcrop with picks made of flint and hard oak. The first discovery of coal in the New World by white men, is recorded by Father Hennepin, in his journal, as having been made on the banks of the Illinois River in 1679. At the time of the Revolutionary War, coal was shipped north from the Richmond district of Virginia. Anthracite coal was first used by a blacksmith in the eastern part of Pennsylvania in 1796, but was not successfully used in manufacturing until the year 1812, when it played an important part in the fuel supply. As far back as 1684, William Penn was granted a charter to mine coal in the hills fronting Pittsburgh. In 1758, coal was discovered in what was soon afterward called “Coal Hill; and in 1760, Thomas Hutchins visited Fort Pitt, and wrote about a “cole” mine on the west side of the Monongahela River. The very earliest successful mining and use of coal in the United States took place within what is now the corporate limits of the City of Pittsburgh. One of the first mines was located on what is now Duquesne Heights, Nineteenth Ward, and was known as “Indian Pit.” The first steam engine in Pittsburgh was built in 1794, and after this important event the use of coal increased very rapidly. Not only was coal first mined and used here, but the first coal ever exported was shipped from this district. In 1803 a company of French merchants built at Pittsburgh the ship “Louisiana,” on board which they loaded 350 tons of Pittsburgh coal, “Which was sold for $9 per ton.” By the year 1817, navigation of the Ohio had developed to such an extent that regular shipments of coal were sent south, the chief markets being Cincinnati, Louisville and Maysville. In 1844, the first locks on the Monongahela River were completed, and in 1845, the raw coal of the Brier Hill seam was successfully used to smelt iron ores at the Clay Furnace. near Sharon. Pa. PITTSBURGH COAL COMPANY The Pittsburgh Coal Company is the owner and operator of seventy coal mines in the States of Pennsylvania, Ohio. Illinois and Kentucky, which have an annual capacity of 30,000,000 tons. Of these collieries, 60 are located in the heart of the Pittsburgh district, the most wonderful coal fields in the world, and are known as the Youghiogheny and Westmoreland fields. In this district, the Pittsburgh Coal Company is the owner of 152,745 acres of unmined coal, and within these properties lie the highest grade of gas, coking and steam coals. The following analysis shows the high standard of the company’s gas coal: Moisture................. 0.50 9% to 1.00 9% Volatile matter. ........ 32.00 9 to 84.00 Fixed carbon. . 38.00 9, to 60.00 Ash.................... 5.50 %to 7.00 9 Sulphur.................. 0.75 9 to 0.90 9, Phosphorus. ............. 0.005% to 0.0109, British Thermal Units... . . . 14.250 to 14.500 The company’s mines in the Youghiogheny and Westmoreland field are joined by the company’s own railway, called the Montour Railroad, 51 miles in length, of the best modern construction and equipment, and connections are made direct with Lake Erie ports, and to railways east west and south. The company possesses excellent facilities for loading coal into ocean vessels, for export shipments to South America and other countries, at the ports of New York, Baltimore and Philadelphia. At the ports on the Great Lakes, extensive and modern loading plants are operated. During the summer months, millions of tons of the Pittsburgh Coal Company’s gas and steam coal are forwarded by the way of the Great Lakes to its docks on Lake Superior and Lake Michigan, from which it is distributed throughout Canada and the West and Northwest sections of the United States. In all the large industrial centers of this country and the Dominion of Canada the company has established facilities to serve the users of coal, whether for steam, gas or domestic purposes. Many plants have been erected in the Northwest for distribution purposes. at an investment of $8,750,000. At Buenos Aires, Argentina, the Pittsburgh Coal Company has built a modern dock, with a large capacity for storing coal. The equipment of this dock is ample to meet all requirements, and consists of lighters for bunkering vessels, with machinery, revolving derricks, etc.. for handling a general fuel business. The Pittsburgh Coal Company has an authorized capital stock of $80,000,000, half of which is common stock and half preferred. Of this capitalization, $32,169,-200 common and $36,000,000 preferred is outstanding. The common is paying 5% dividends annually and the nreferred is paving 6%.. which is cumulative. [ITLTL.MAN COAL & COKE COMPANY The Hillman Coal & Coke Company controls the operation of 28 mines, all of which, except one, are located in Western Pennsylvania. The only one not located in the Pittsburgh district is the Tunnelton Mine, at Tunnelton, West Virginia. The other 22 are the following: Patterson Mine, Elizabeth, Allegheny County; Ella Mine, Webster, Allegheny County; Naomi Mine, Fayette City, Fayette County; Edna No. 1, Adamsburg, Westmoreland County; Edna No. 2, Wendel, Westmoreland County; Jerome Nos. 1 and 2, at Jerome, Somerset County; Isabella, at Isabella, Fayette County; Griffin Nos. 1 and 2 at Masontown, Fayette County; Crystal, at Gans, Fayette County; Clarksville at Clarksville, Westmoreland County; Thompson No. 2 and Tower Hill Nos. 1 and 2 at Republic, Fayette County; Luzerne. at Luzerne, Fayette County: Belle PITTSBURGH COAL COMPANY Representative Coal Yard of the Northwest. Many Yards of this General Type Have Been Built at St. Paul, Minneapolis, Duluth, Superior, Winnipeg, and Other Places. PITTSBURGH COAL COMPANY Dock No. 7 at Duluth, Minn., with a Storage Capacity of One Million Tons, HILLMAN COAL & COKE COMPANY PATTERSON MINE AND TIPPLE, ELIZABETH, ALLEGHENY, PA, This mine produces over 300,000 tons of coal yearly, all of which is suitable for by-product and gas manufacturing purposes. The tipple is equipped for shipping all commercial sizes of coal. PART OF THE HILLMAN RIVER FLEET The Steamers “Hillman” and “Hecla” are here shown towing loaded barges on the Monongahela River. Each barge holds an amount of coal equivalent to the contents of eight large railroad cars. Vernon, at Belle Vernon, Fayette County; Oakmont, at Barking, Allegheny County; Diamond, at West Brownsville, Washington County; Pike at Brownsville, Fayette County; Huston Run, at Courtney, Washington County, and Blaine, at Lock No. 3, Allegheny County. The combined annual capacity of these mines is, in round figures, 7,000,000 tons of coal and 1,500,000 tons of coke. Twenty of the Hillman mines are situated in the Pittsburgh, Connellsville and Irwin fields, with shipping facilities on the Pennsylvania, Baltimore and Ohio, Monongahela and New York Central Railroads. Seven of the mines are provided with river tipples, permitting shipments by way of the Monongahela, Allegheny and Ohio Rivers. Thus the company is able to ship by rail or water. Shipments from its mines in Somerset County, Pennsylvania, and Preston County, West Virginia, are made by the Baltimore and Ohio Railroad, east and west. The combined coal acreage of these mines, and of the company’s undeveloped coal tracts, is more than 85,000 acres. The coal produced at the two Jerome mines is low in volatile matter, averaging about 179), and can be burned with much less unconsumed carbon than is the case with higher volatile coal, and is widely known to the trade as “Smokeless Coal.” It is in great demand for steam purposes, especially in cities having anti-smoke ordinances. The Hillman Coal & Coke Company has about 14,000 acres of virgin coal surrounding the Jerome Mines. For use as bunkering coal, this product meets the severe Government requirements in every detail. It can be stored for long periods with absolutely no danger from spontaneous combustion. Hillman coal for gas-making purposes produces under the best practice from 10,500 to 11,000 cubic feet of gas per net ton of coal. Chemically, there is but slight variation in the seam of the Pittsburgh District coal, used for gas making purposes, and physically. the coal is of firm structure and does not slack readily. The Hillman Coal & Coke Company is one of the largest shippers of coke in the Connellsville region, having a total of 1,166 beehive and 798 rectangular ovens, located at various plants, and producing annually about 1.500.000 tons of coke. This coke analyzes low in ash, sulphur and phosphorus, and is therefore extensively used in blast furnaces. The value of coke in the manufacture of low phosphorus pig iron depends on the percentage of phosphorus in the coke. As the manufacturers have to meet an analysis of .08 to .085%, phosphorus in the pig iron, the phosphorus content of the coke must necessarily be very low. The Hillman Coal & Coke Company exports coke chiefly to Mexico and South America for use in copper smelting, although some coke has been exported to Italy and France for use in foundries and the manufacture of pig iron. The Hillman coke is well suited to export purposes, since coke for export must contain the lowest percentage of ash consistent with proper structure. The ash content must not be excessive, for if it is, rail and ocean freights will impose a prohibitive cost upon the delivered product. UNITED STATES STEEL SUBSIDIARIES In the eighteenth annual report of the United States Steel Corporation, for the fiscal year ended December 31, 1919, the production of coke by its subsidiaries, which operate chiefly in the Pittsburgh district, is placed during the twelve months at 15,463,649 tons, of which 5,933,056 was produced in bee-hive and 9,530,593 in by-product ovens. These figures compare with 9,962,408 tons produced in bee-hive ovens, and 7,795,233 tons made in byproduct ovens in 1918, or a total of 17,577,636 in that year. Coal mined by the corporation in 1919 totalled 28,893,128 tons, against 31,748,135 in 1918. The total sum expended during the year 1919 on all its coal and coke properties was $12,958,647.86. Naturally enough, in the coal and coke center of the world, there are very many important corporations and firms engaged in the business of mining and selling these staple articles, indispensable in the world’s manufactories. To enumerate them all is practically impossible in the space at our disposal, but a few may be named as representative of the industry, and arranged in alphabetical order: Acme Coal & Coke Co.; American-Connellsville Coal & Coke Co.; American Fuel Co.; American Gas Coal Co.; Argentine Coal Co.; Armstrong Coal Co.; Arrow Coal Mining Co.; Atlas Coal Co.; Atlantic Coal Co.; Bellebridge Coal & Coke Co.; Ben Franklin Coal Co.; Berger-Aiken Coal Co.; Bertha Coal Co.; Bessemer Coal & Coke Co.; Bixler Coal & Coke Co.; Blaine Coal Co.; Blanchard Coal Co.; Bostaph Coal Co.; W. Harry Brown Coal and Coke; Bulger Block Coal Co.; Burgettstown Coal Co.; Canonsburg Gas Coal Co.; Carbon Center Coal Co.; Carnegie Coal Co.; Central Yough Coal Co.; Century Coal Co.; Champion Gas Coal Co.; Charleroi Gas Coal Co.; Chartiers Creek Coal Co.; Cherry Run Mining Co.; H. Chidester, Coal and Coke; Cleveland & Western Coal Co.; Clinton Block Coal Co.; Clyde Coal Co.; Colonization Coal, Coke & Power Co.; Commercial & By-Products Coal Co.; Commonwealth Fuel Co.; Consolidated Coal & Coke Co.; Consolidated Fuel Co.; Consumers Fuel Co.; Continental Coal & Coke Co.; Country Club Coal Co.; Creighton Coal Works; Crescent Coal Co.; Crucible Fuel Co.; Delmont Gas Coal Co.; Diamond Coal & Coke Co.; Duquesne Coal & Coke Co.; Eclipse Gas Coal Co.; Ellsworth Collieries Co.; Equitable Coke Co.; Eureka Coal Co.; Export Coal Co.; Fair Haven Coal Co.; Fairview Mining Co.; Fayette Coal Corporation; Ferguson Coal & Coke Co.; Forsythe Coal Co.; H. C. Frick Coke Co.; Fort Pitt Coal & Coke Co.; Four States Coal Co.; Fox Coal Co.; Frauenheim-Severns Fuel Co.; Gage Coal & Coke Co.; Georges Creek Coal Mining Co.; Goucher Mine Co.; Grant Fuel Co.; Greensburg-Connellsville Coal & Coke Co.; Harmon Creek Coal Co.; Hecla Coal & Coke Co.; Henderson Coal Co.; Hostetter-Connellsville Coal Co.; Jamison Coal & Coke Co.; Jenner-Quemahoning Coal Co.; Jones Coal Co.; Keystone Coal & Coke Co.; Fred G. Kirkbride & Co.; Latrobe-Connellsville Coal & Coke Co.; Lincoln Gas Coal Co.; Logansport Coal Co.; Masten Coal Co. : Meadow Lands Coal Co.; Mercer Gas Coal Co.; Miners Block Coal Co.; Miners Co-Operative Coal Co.; Monessen Coal & Coke Co.; Montour & Lake Erie Coal Co.; Naomi Coal Co.; National Mining Co.; North Penn Coal Co.; Ohio River Coal Co.; Peoples Coal Co.; Pen-American Gas Coal Co.; Penn-Franklin Coal Co.; Penn-Pitt Coal & Coke Co.; Penn Smokeless Coal Co.; Penn York Coal & Coke Co.; Peters Creek Coal Co.; Pioneer Coal & Coke Co.; Pitt Gas Coal Co.; Pittsburgh Block Coal Co.; Pittsburgh-Cambridge Coal Co.; Pittsburgh-Connellsville Coal & Coke Co.; Pittsburgh, Great Lakes & Northwestern Coal Corporation; Pittsburgh Hanover Coal Co.; Pittsburgh Pocahontas High Grade Coal Co.; Pittsburgh Seam Coal Co.; Pittsburgh & Baltimore Coal Co.; Pittsburgh & Bessemer Coal Co.; Pittsburgh & Erie Coal Co.; Pluto Coal Co.; Producers Coal Corporation; Producers Fuel Co.; Poland Coal Co.; Quality Coal & Coke Co.; W. J. Rainey, Coal & Coke; Raridan & East Brady Coal Co.; Redbank Coal Co.; Reilly-Peabody Fuel Co.; Reliance Coal & Coke Co.; Richards Coal Mining Co.; Richland Coal Co.; Robbins Coal Co.; Sagamore Coal Co.; Saw Mill Run Coal Co.; Second Pool Coal Co.; Short Creek Coal Co.; W. B. Skelly Coal Co.; South Fayette Coal Co.; Spring Valley Coal Co.; Springer Coal Co.; Squirrel Hill Coal Co.; Standard Coal Sales Co.; Star Fuel Coal Co.; Superba Coal & Coke Co.; Tasa Coal Co.; Taylor Run Coal Co.; Tri-State Coal & Coke Co.; Two Rivers Cannel Coal Co.; Union Coal & Coke Co.; Union Collieries Co.; Union Fuel Co.; United Fuel & Iron Co.; United States Coal & Coke Co.; Valley Camp Coal Co.; Vesta Coal Co.; Victoria Coal Co.; Victory Coal Co.. Vulcan Coal Co.; Walter-Wallingford Coal Co.; W. H; Warner & Co.; Warner Youghiogheny Coal Co.; Washington Gas Coal Co.; Waverly Coal & Coke Co.; Wayne Coal Co.; Weaver Coal Co., Inc.; West Penn By-Product Coal Co.; West Penn Fuel Co.; Westmoreland-Connellsville Coal & Coke Co.; Westmoreland Fuel Co.; Wilson-Beegle Coal Co.; Winfield Coal Co.; Woodruff Coal & Iron Co.; Youghahela Coal Co.; Youghiogheny Coal & Coke Co.; Youghiogheny Pittsburgh Coal Co.; Yough-Leherv & Ohio Coal Co.; Zenith Coal Co. Accurately kept reports show that in the last 22 years, the vast total of 253,000,000 tons of coal were moved.on the surface of the Monongahela River. In the year 1919, the amount of coal shipped on the Monongahela River was 14,400,000 tons. Movement of coal and coke by water will be greally stimulated when the ship canal which is to connect the Ohio River with Lake Erie shall be finished, as this waterway would provide connection with the Great Lakes and the Ohio and Mississippi Valleys. This great project has been discussed for vears and awaits prover action by Congress. The First National Bank at Pittsburgh possesses exceptional facilities for financing exports of coal and other products of the United States. The Foreign Exchange Department is directly connected with all commercial centers of the world, and handles promptly and economically all documents pertaining to Foreign Commercial transactions. We issue drafts and make payments all over the globe. All languages are spoken in this department, and translations of documents are made for customers. The officers and directors of this institution are experienced bankers and business men. and their advice is available at all times. The great progress made in the coal business of the United States is graphically told in the diagram printed on another page, showing the total consumption and per capita consumption of coal from 1850 to 1918, inclusive. Seventy years ago, the production of coal totalled 2,880,017 tons annually, and only twelve-one hundredths of a ton was used on an average by every person in the country. Fifty years later, in 1900, the annual output was 212,316,112 tons, and the per capita consumption had increased to 2.8 tons. The next decade saw an expansion to 417,111,142 tons, while the per capita consumption increased to a little more than 414 tons. The output grew steadily year by year until 1918 showed 585,883,000 tons of coal mined and the per capita consumption rose to 5.57 tons. This was the heaviest year of the great European war, when every effort was being made to stimulate production to meet the unprecedented demand Consumption of Bituminous Coal, and Per Capita Consumption, in the United States, since 1850 250 2,880,017 “tons annually 0.12 Tons per capita consumption "880 42,831,758 tons ad 0.85 tons " 212 316.112 Tons 1900 2.80 tons u " 37274 * 257 tons | 905 1010 4.30 tons u 417111142 tons 1911 452 tons " 405907 059 tons 1012 4.32 Tons " » 450.104 982 tons 1013 4.71 Tons « 478 435297 tons 914 4.62 tons A2?2703 970 tons 4.28 tons « n | 442624426 tons 1018 ore 4.41 tons « " 502519682 tons +493 tons " | 551,790,563 tons 1017 1918 5.57 tons. =» : OFFICERS LAWRENCE E. Sanps. . President Frank F. Brooks. .. .. Vice President CrYpE C. TAYLOR. . Cashier Taos. B. Hupsox. .... Assistant Cashier Oscar WiLson. . Assistant Cashier Ww. J. Frank. Manager Foreign Department P. W. DaniNpEN. . ......... Assistant Manager Foreign Department ~ PauL Forp. Assistant Manager Foreign Department DIRECTORS Joun A. Beck. . .... President Big Four 0il & Gas Co., Pittsburgh, Pa. Frank F. Brooks. .. Vice President Ww. L. Curry. . . . ... Manufacturer, Pitisburgh, Pa. Joun A. DonNaupson.... .... Vice President Pittsburgh Coal Company J. Rocers FLANNERY. . . .. President Flannery Bolt Co., Pittsburgh, Pa. Ww. H. HEARNE. ....... Director La Belle Iron Works, Steubenville, O. J. H. HiLLMAN, JR. Chair. of Board Hillman Coald Coke Co., Pittsburgh, Pa. D. T. Layman, Jr. .. Henry Phipps Estate A. M. MORELAND. . Capitalist YW. MORGAN.............. President East Pittsburgh National Bank Wu. A. ReENsHAW. . .. _... John A. Renshaw & Co., Pittsburgh, Pa. Lawrence E. SaANDs. President aa ea EI Leerssen seas eames en sees esses i wa FIFTH AVENUE AND WOOD STREET CONVENIENT FOR YOU First National Bank at Pittsburgh CAPITAL ..vvvn en... SURPLUS. ......... ASSETS . C.....§ 4,000,000.00 ..... 1,600,000.00 45.000.000.00 vr me 3 5 50) 1° Tig § = i 4 i i=C0 z No 30 ND) » 5 0 Nn >! nN ND py "ye "0 mb “J a *>) n ® lo = he O (0 | 2 2 = ND > _— 0 ~~ Dn ~d > ~~ OFFICERS Lawrence E. Sanps. .. Frank TF. Brooks Crype C. TAYLOR. Tros. B. Hupson Oscar WiLsoN. . . Wu. J. Frank. P. W. DaHINDEN J. PavuL Forp. . President Vice President Se .. Cashier ...... Assistant Cashier } . Assistant Cashier . Manager Foreign Department . Assistant Manager Foreign Dupurtmon Assistant Manager Foreign Department DIRECTORS Jonny A. Beck. . .... President Big Four Oil & Gus Co., Pittsburgh, Pa. Frank I. Brooks. ....... Vice President Wu. L. CURRY. .............. .. Manufacturer, Pittsburgh, Pa. Jorn A. DoNaLpsoN. . . .. Vice President Pittsburgh Coal Company J. Rocers FLANNERY. . . .. President Flannery Bolt Co., Pittsburgh, Pa. Ww. H. HEARNE. ....... Director La Belle Iron Works, Steubenville, 0. J. H. HiLLman, JR. Chair. of Board Hillman Coal Coke Co., Pittsburgh, Pa. D. T. Layman, Jz.. ..... Henry Phipps Estate A. M. MORELAND. .. Capitalist P. W. MoreAN.............. President East Pittsburgh National Bank Wu. A. RENsHAW. .. John A. Renshaw & Co., Pittsburgh, Pa. Lawrence E. SANDS. President oO oo + > 3 @ 2 WD ==O © ve) y