232 THE NEWSPAPER PEESS. 



THE Uj^ION BANK OF NEAVFOUNDLAND. 



Hours of biisiness from 10 a. m. to 3 p. m. Discount days — 

 Mondays and Tliursdays. 



The Union Bank is a jn'osperous and Avell-managed institution. 

 It M'as established in 1854. During the first 18 years it paid an 

 average dividend and bonus of IH per cent, per annum. The 

 reserve fund -was tlien so large that the Directors declared a 

 special l)Ouus of 50 per cent., wliich was taken by the share- 

 holders in paid up shares. On this increaseil capital the dividends 

 and lionuses were for many years twenty per cent, per annum, or 

 to original shareholders equivalent to twenty-seven per cent, on 

 their investment. 



At the close of 1893 the stock of this Bank was $'456,000 in 

 shares of $100 ; Reserve, ^300,000 ; Dividend and bonus for 

 last complete year was 15 per cent. Notes in circulation 31st 

 May, 1893, ^606, 1G2. 



COMMEKCIAL BANK OF NEWFOUNDLAND. 



Hours of business from 10 a. m. to 3 p. m. Discount days — 

 Tuesdays and Fridays. The Commercial Bank is also a very 

 prosperous and Avell-conducted establishment. It was established 

 in 1847. 



At the close of 1893 its Stock Avas $306,000, in shares of $200 ; 

 Reserve, $100,000. The dividend for last complete year wa? 

 10 per cent. Xotes in circulation 30th June, 1892, §550,717. 



THE NEWSPAPER PEESS. 



The following newspaj^ers are published in St. .lolin's •.—The 

 Boyal Grt.^effe— weekly ; The Tiwics— bi-weekly ; The Evening 

 Telegram — daily ; The Evening Herald— dailj ; The Daily Neus 

 — daily, and also a weekly issue ; The Trade Review — fortnightly. 



The following papers are published elsewhere : — The Harbour 

 Ch-ace Standard — bi-weekly ; The Twillingate ,S'»h— weekly ; The 

 Trinity Record — weekly ; Weekly News, Carbonear — ^veekly. 



