Show Financial and andI r I Commercial New No York rob Fob 25 Announcement j t by the First National atonal toda today that It l Intends to separate the business of o routine routine rou rou- tine banking from rom Investments arid and that en an cn Investment company with capital will wi be organized to carr carry carryout out lUl this object object marks mams a a st step p forward In New ew York financial affairs J Perhaps the time Fh First t National atonal bank was waH In iii no danger nger for its Is Investments have I b been en managed with wih remarkable skill I But all ul bunkers are arc not wise hse as speculators speculators spec pee I and others knowing that the First National bank ra made c tremendous profits through Investments have hae followed fol fol- fol- fol lowed It its Us le lead as far as the law laW would permit hermit and In Iii some sommie cases a little fur fur- them ther The result was tho time disaster witnessed wit wit- vl- vl in inSall Wall Sall Wal street last October Over nn and over again warning had been sounded against speculation b by the banks Time The inevitable crash came caine cre Morgan Sets etl Example J. J P. P Morgan on and George Georgo F. F J. J Baker who ho control tho the First National bank have hae set an example that every other bank In iii the time United States will be compelled com corn to follow Three western banks have alrea already such companies Public opinion pInion will vill wil demand eman that evor evoi every y other ban bank hanl In tho the United States top stop speculation speculation lation Immediately or at least to manage manage manage man man- age It as the First National atal JUr purposes os 3 t to tl In iii tho future In lii such a way that the deposits will eihL wi be bc In no danger Announcement J by the time government of or monc money will wH be bo withdrawn withdrawn with with- drawn from the time ban banks Its ha had no effect on the market because there Is an abundance of or cash and amid this will not bein be bo in missed Although railroad earnings give 1 lit lit- tle t- t tic lle le signs of ut Increasing business managers man man- agers igers sa say that Inquiries from alt all al parts of r C the time country Indicate a n general be behot bele belief be- be hot lief le in III II a 0 quick LuiCk revival Time The railroads s sa say they have discharged about all al the men inca It will wll be necessary to let go So The rime only problem now confronting them Is the time question of reducing wages perhaps for lor those who remain Th Time The highest authorities on un railroad business sa say that tho the question queston of ot la labor labor Itt la- bor her will wi be ue solved by y time the first of ot April AIrl and any chang change from then on omi 01 must be In iii the shape of ot Improvement They sa say the time only th tiling n that can make matters maters wOl's in business Is a n failure failure fail taU ure of or crops crops- Iu lu the tn Street Time The total number ot of shares of or stock stoel sold soll upon time the New York stock exchange tola today amounted to against the same da day a year ago The Tho total par jar value of bouls sold soll vas vaa va against the time day lay a year cr ago The Guggenheim Exploration com coin company pany any announced the dividend of if 24 21 per c cent nt for or tho the quarter on Its Ita This ruts com company pan handles gold mines In iii Alaska Charles C. C enson will wi be elected president of tho the Carnegie Trust lUSt company compau com corn pau mammy pany to succeed Leslie Lesle M. M Shaw haw March arch S. S of ur PrIce Pollock Special Wire Ire 1 I H. H Sales Aln C C. C 1 6 6 m m. 9 CS 1 0 Am Locomotive 32 3 32 1600 1500 Am Sugar u 1123 m. Am Wool 11 17 Ii- Ii ri 1 ll lou J aJ Copper ISI 9 00 o Copper 22 31 32 3 2200 Atchison GS Ci GS 08 ii O. O anti O. O 7 1200 brooklyn n. n r 1 o 39 ano 40 Canadian Pacific 1 1121 1423 1423 hes and ml Ohio 1 G G C. C M. M 1 and n St St. Sl r. r Cole Colo Fuel an and I. I 1 IG IC 11 ZOO Crie 13 13 1 1200 reat Northern 18 1 1173 7 17 1173 Central Cen 13 Lou ou amid 89 i gi 1 is 1 11 a O. O S M. M J IC anti and T. T 18 17 I do preferred 7 H Y Central 95 91 95 5 1100 7 Y O. O rind W. W 30 30 00 nul Lend ii to am 1211 1211 1201 O I OA Pennsylvania 1 1124 1115 nUl 9 ock I Island lan 11 11 1 lOo iOU aeji I. I an S. S 15 15 OU n 10 9 91 9 91 PacIfic Gi GOO Onion lG 1161 1 1152 2 lG S. S Steel 8 27 ii 28 S do Jf 91 91 10 1 9 a 2 25 Tenn ah Copper 26 61 Gi hous e 7 j 7 7 00 21 2 2 2 Total sales ao closed cosed 1 per percent celt |