388 
INSURANCE 
BRITISH & FOREIGN MARINE 
INSURANCE COMPANY, Ltd. 
of LIVERPOOL, LONDON and NEW YORK 
THIS COMPANY INSURES RISKS UPON SECURITIES, BANKNOTES, 
BONDS. SPECIE. MERCHANDISE. AUTOMOBILES, FREIGHTS, 
HULLS. AND INLAND TRANSPORTATION AND MARINE RISKS 
Losses Made Payable in the Chief Cities of the IVorld 
LONDON BRANCH MELBOURNE BRANCH SYDNEY BRANCH 
1 Old Broad Street, London 57 Queen Street, Melbourne 56 Pitt Street, Sydney 
UNITED STATES BRANCH 
COTTON EXCHANGE BUILDING, NEW YORK 
W. L. H. SIMPSON W. A. W. BURNETT J. H. WALTERS 
Underwriter Sub-Underwriter Secretary 
FINANCIAL NOTES 
American Bankers' Association Headquarters 
Following the suggestion of President Thomas 
B. McAdams, of the American Bankers’ Associa¬ 
tion, made at the annual spring meeting held at 
White Sulphur Springs, West Virginia, a com¬ 
mittee has been formed to consider the removal 
of the association’s headquarters from New York 
to Washington, D. C. The chairman of the com¬ 
mittee is John H. Puelicher, first vice-president 
of the association, and president of the Marshall 
and Ilsley Bank, Milwaukee, Wisconsin. It is 
argued in favor of such a removal that the situa¬ 
tion has materially changed during the last few 
years and that the opposition manifested at that 
time is no longer serious. 
Loans in Swedish Private Banks 
The amount by which the Swedish bank loans 
to the public, exclusive of rediscounting in the 
Riksbank, exceeded deposits on February 28 of 
this year was 602,000,000 kronor, approximately 
the same as a year ago. During the same period, 
however, the bank funds had increased by about 
450,000,000 kronor, and the rediscounts in the 
State bank by 346,000,000 kronor. The reduction 
which has set in since the beginning of the year 
is to some extent due also to recent writing-off 
of capital. If the bills rediscounted in the Riks¬ 
bank are included, the excess of loans over de¬ 
posits will work out at 1,031,000,000 kronor, the 
lowest figure since October, 1919. 
MARINE INSURANCE 
Hulls, Cargoes, Merchandise, Specie, Bonds 
Issue Policies on All Classes of Marine Risks, 
Including Yachts, Registered Mail and Parcel Post. 
Losses Made Payable in All Parts of the World 
ROYAL INSURANCE COMPANY, Ltd. 
of Liverpool, England (Marine Department) 
QUEEN INSURANCE CO. of AMERICA 
of New York (Marine Department) 
STAR INSURANCE CO., of New York 
(Marine Department) 
NEWARK FIRE INSURANCE CO. 
of Newark, N. J. (Marine Department) 
MARITIME INSURANCE CO., Ltd. 
of Liverpool (U. S. Branch) 
84 William St., New York City 
John E. Hoffman . . . Marine Manager 
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