Show BANKS POOL EARNINGS German Tinancinl World Amazed by One of Most Powerful Mergers in the World Bcr1ln Nov WThe Dresdncr bank and the SchonlTliauaen Bank Vcrln have arranged ar-ranged u community of interest thn agreement to continue for thirty years beginning January 1st next Both bonks will be operated separately but tho earnings earn-ings wlU bo pooled and divided in proportion propor-tion to the capltil and reserve fund of each According to a published ntatcmciit tho combination amounts approximately to fusion and the securing of all tim nd ILiI tnJc1 thereof whllo avoiding Its dli advantagcs Each bank agrucs to elect two director anil three members of tho board of overseers of he I other bank Uuiii yocurlag tile inutitnl direction of the Institutions In-stitutions i The capital of tho Drcsdnor bank Is f2 HCOOOO and that of tho Hchanfhaus Bank I Verela Is JCTOOOOOX Tim reserve funds of the two banks amount to i3fA fOO and their joint capital to J71000ftV thuG making their union tho strongest ag gjtjgatlon nt banking cjipllal 1 In tile world with tho exception oi tho Bunk of Bag land Tho German tuianclnl world was con plolcly nurprfsod by the announcement of tile combination not tim slightest intimation intima-tion of which had leaked out until th matter was published in todays ncwsna porn There hIlls been n vague suspicion however that same Jnrgo financial operations opera-tions were forthcoming owing to active buying oc the stocltR of both bimlcF which operators on tho market wcro unablo lo explain |