Show NEW YORK BANK An Increase from one million to ten In the tho is II time the latest move moe at 0 the tho great grent NAtional City Dank Bank of at New York The Now Non York Herald of at ofa n a recent date data says Reports that have hao circulated In th the city for tor a year or two connect lag Int the National City Dank with under uMer undertaking taking the tho formation ot of a huge bank lag corporation o of vast capItal were tully fully confirmed yesterday In the th an that the directors ot of the Institution had unanimously voted to recommend to the tho shareholders an In increase crease of at Its capital stock from to This Is larger b by per cent cont titan than that of at any other bank In the tho country and the president ot of the instItution James Still Stillman man figures out that with tIme Ie new cap the bank wilt will afford Its de depositors security of at No doubt exists ot of the of at atthe I the directors director action br by the hanks banks The formal meeting to raut the Increase ot of e capital will not bo be helt until January Januar 2 but It is II l known that time control ot of the tho bank I reacted In time the hands of at a few tew These persons largely represented l by the directors approve the measure and stand staM ready to subscribe to th the necessary amount of stock IncludinG the proportion to tG which present holders lire are entitled under the new capitalization should any such dis dissent sent ent from rom the plan VALUE OP OF TIlE STOCK The price and terms on which the new stock wilt will bo be offered alTered was not stat stated ed cd yesterday At t present with a cop cap Hal ot of and surplus and undivided vided profit or of the tock stock hu has a book value of at m per ibm hart selling at s f vim th the Wih plus and profits with a pua tU the book 1000 bok figures un 1143 Iler ier share The Lank bank OUt I at the rate of at 1 IS Per cent P pa f the par value alue ot of Its annul the price It its shares ls are hare so g tta t stock t QI pays only about a ver ler cent per year ear on the o 1 AccordIng to Its statement tl clearing house Is t tb houS Yesterday the t bk 1 n a capital of at 1090 bak b divided surplus un profiLe aC I lasts k specie It tf notes r and circulation lIs exceed thoe those of oC the bao baak nn next t largest d t the lb banks of the fl aL lh Pa |