export trade of the United States, which has attained unprecedented proportions in the last year or two. The facilities afforded by the First National Bank at Pittsburgh, in promoting exports and imports, have aided very materially in the commercial expansion of the nation. In this branch of banking, as well as in all details of domestic finance, this institution offers expert service. Cargoes of merchandise on their way to any part of the world can be financed economically and satisfactorily by our trained specialists. Direct correspondents and ample resources permit this to be done. Particular mention is made of the facilities of our Foreign Exchange Department, as follows: ForREIGN EXCHANGE: Drafts, Cheques, Money Orders and Bills of Exchange are bought and sold at current rates in dollars or foreign currencies. CommEeRciAL CREDITS: We issue Letters of Credit, drafts against which may be drawn at sight or time, to finance imports and exports. COLLECTIONS: Cheques and drafts are accepted for collection payable in foreign currencies, and when necessary we make ad- vances pending collection. ACCEPTANCES: For the purpose of financing imports, exports or domes- tic shipments, Acceptance Credits are granted maturing at thirty, sixty, or ninety days. Commodities stored in warehouses may also be financed under such Credits. ForeiGN CrEDIT INFORMATION: We place at the disposal of our clients, the services of our Foreign Credit Department, and will gladly secure special reports either by mail or cable. Our friends and customers are invited to make use of these facilities and acquaint our foreign department with the products in which they are interested and the countries where they wish to develop business.