Life, 1915-11-04 · page 47 of 56
Life — November 4, 1915 — page 47: what you’re looking at
What you’re looking at
This is **not a cartoon or satirical content** — it's a financial advertisement/prospectus page from *Life* magazine (October 1915). The page announces a **$500 million joint loan from Britain and France**, issued during World War I. Both governments jointly guaranteed the bond, payable in U.S. gold in New York City. The bonds offered 5% interest, mature in 1920, and were convertible into longer-term 4% bonds. The bulk of the page lists hundreds of American banks and financial institutions authorized to sell these bonds — from major cities (New York, Boston, Chicago) to smaller towns (Anniston, Alabama; Cranwville, Indiana). This was a major wartime fundraising effort by the Allies to secure American capital. For modern readers: This shows how WWI was financed through American investments before the U.S. officially entered the war (1917). It's a historical record of American financial support for the Allies during neutrality.
📄 Transcribed text from this page (OCR, searchable)
Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.
$500,000,000 Anglo-French Five Year 5% External Loan THE JOINT AND SEVERAL OBLIGATION OF THE GOVERNMENTS OF THE UNITED KINGDOM OF GREAT BRITAIN AND IRELAND AND THE FRENCH REPUBLIC DATED OCTOBER 15, 1915 DUE OCTOBER 15, 1920 INTEREST PAYABLE APRIL 15 AND OCTOBER 15 Both principal and interest payable in New*York City in United States gold coin, without deduction forany present or future British or Fronch taxes Coupon bonds in denominations $100, $500, and $1,000, which may be registered as to principal. Registered bonds in denominations of $1,000, $10,000 and $50,000 and authorized multiples. Coupon and registered bonds interchangeable. Convertible, at the option of the holder, on any date not later than April 15, 1920, or (provided that Bones be Biven not later than the Governments of the April 15, 1920) at maturity, par for par, into 15-25 Year Joint and Several 4% per cent. Bonds o! ied Kingdom of Great Britain and Ireland and the French Republic. Such 4% per cent. bonds will be payable, principal and interest, in United States gold coin, in New York City, free from deduction for any present or future British or French taxes, will mature October 15, 1940, but will be redeem- able, at par and accrued interest, in whole or in part, on any interest date not earlier than October 15, 1930, upon three months’ notice. A large amount of these bonds havi: of a country-wide group of i ALABAMA Anniston, First National Bank of ‘Anniston Bireingham, First National Bank Otto Marx & Co. CALIFORNIA Les Angeles, E. H. Rollins & Sons COLORADO Boettcher, Porter & Co. CONNECTICUT Deaver, National First Bridgeport National Bank Bridgeport Trust Co. Mincks Bros. & Co. Martferd, First National Bank tford-Aetna National Bank Phoentx National Bank Connecticut Trust and Safe De- posit Co. State Bank & Trust Co. ris, Forbes & Co. Kissel, Kinnicutt & Co. Lee. Higginson & Co, Montgomery, Clothier & Tyler 8. ec, Weld & Co. DISTRICT OF COLUMBIA Washlagten, Munsey Trust Co. W. B. Hibbs & Co. GEORGIA Attanta, Trust Company of Georgia binson- Humphrey-Wardlaw-Co. Macea, Hillyer Bood & Mortgage Co. ILLINOIS: Chicago, Allerton, Greene & King Breed, Eliott & Harrison FP. Childs & Co. Curtis & Sanger Hornblower & Weeks Francis J. Johnspoa Kean, Taylor & Co Kissel, Kinnicutt & Co. Higginson & Co. abody, Houghteling & Co. Wm. A. Read & Co. William Salomon & Co. Scencer Trask & Co. Stone & Webster * White, Weld & Co. INDIANA Cranwttle, Henning Chambers & Co. James C. Wilson & Co. KENTUCKY Leolsvitte, United States Trust Co. Henning Chambers & Co. James C. Wilson & Co. LOUISIANA New Orleans, Hibernia ‘Trust Co. Interstate Trust & Banking Co. MARYLAND Baltimore, Citizens National Bank Merchants - ‘Mechanics tional National Bank of Commerce Naltimore ‘Trust Co. Maryland Trust. Co. Mercantile Trust & Deposit Co. Alerander Brown, & Sons Robert Garrett & Sons Townsend Beott & Son Bank & already been withdrawn for investment, w: tutions and bankers, the unsold balan: ce, PRICE 98 AND INTEREST, YIELDING NEARLY 5% PER CENT. Application will be made to list these bonds on the New York Stock Exchange. Temporary bonds will be ready for delivery on or about October 29th, exchangeable for the definitive bonds when prepared. MAINE Agusta, Granite National Bank Augusta Trust Co. Bangor, First National Bank Kenduskeag Trust Co. ‘Merrill Trust Co. Portland, Canal National Bank ‘Casco ‘National Bank First Natiooal Rank Portland National Bank Fidelity Trust Co. Forrest City Trust Co. Mercantile Trust Co. Union Safe Deposit & Trust Co. United States Trust Co. Maynard 8. Bird & Co. HM. Payson & Co. MASSACHUSETTS. Attleboro, Attleboro Trust C Boston, Fourth = Auantic 3 Second National Bank Boston Safe Deposit & Trust Co. Commonwealth Trust “Co. New England Trust Company Adams & Co. Baker, Ayling & Co. Blodget Bc vm. P. Bonbright & Co., Inc. Bond & Goodwin Brown Brothers & Co. Curtis & Sanger RL Day & Co. sabrook & Co. isey & Co., Inc. jden, ‘Stone & Co. W, ‘Harris & Co. Hornbiower & Weets Jackson & Curtis Kidder, Peabody & Co. A. B. ‘Leach & Co. Lee. HU Meritt, F. 8. Moseley & Co. Millett, Roe & Tagen Moors “& Cabot Parkinson & Burr Paine, Webber & Co. Wm. "A. Read & Co. ¥. Ht Rollins & Spencer Trask & Co. Stone & Webster ‘Tucker, Anthony & Co. ‘Townsend. Anthony & Tyson H.C, Walnwrignt & Co. White, Weld Fall River, Mas tonal “Rank Metacomet National Bank Chace & Stafford . 0. Dodgi M. Haffards & Co. Fitchburg. Safety “Fund Natioval ank Haverbill, rt & Co. it Pocasset Na~ Merchants National Bank ‘Ocean, Pittefeld, Agricultur: Pittsfield National Bank F.C. Peach Salem, Naumkeag Trust Co. Sortegtteld, Union Trust Co. WC. Simons H.W. Skinner itt Brothers & Co. . Machinists ‘on National Bank Woreester, Bonney & Moore Kinsley’ & Adams tional Bank MICHIGAN Detrott. First and Old Detroit Na- tonal Bank P. Bonbright & Co... Inc. nt Raplén, Old. Netional ‘Bank an Trust. Co. MINNESOTA mie is, First & Security Na- oon “bank Northwestern National Bank Scqndinavisn -'American "National ‘Bani St, Paul, First National Bank ‘Northwestern Trust Co. missourt Is, A. G. Edwards & Sons Bros. & Co. NEBRASKA Omaha, Burns, Brinker & Co. NEW HAMPSHIRE Mechanics National Tank St. ki Pr Concord, Obver, Strafford National Bank ‘Alonzo Elliott & Co. Shontel & Varick NEW JERSEY Newark, J. 8. Bippel NEW YORK Albany, First Neti National Commercial Bank New York State National Bank 8i Binghamton, Teople's Trust alo, Bank of Buffalo Ford & Enos Harris, Forbes & Co, White, Weld & Co. Ira, “Crocker & McDowell yer, Noble & Co. . Merchants Nattonal J. P. Morgan & Co. National Bank of America Bank of New York Importers) & Traders National National Park Seaboard National Bank ewgeal Tru; ‘oftumbla Trust Co, Equitable Trust, Co. Farmers Loan & Trust Co. Guaranty ‘Trust Co. Metropolitan Trust. Co. New York Trust Co. United States Trust Co, August Belmont & Co. Chas D. Bamey & Co. Uillam TF. “Bonbright & Co. Brown Brothers & Co. Clark, Dodge & Co. Harvey Bisk & Sons Heldelbach, Tckelheimer & Co, N. W. Halsey & Co. Ine. New York City—Continved Farris, Forbes & Co. A. Iselin & Co. rE, Maitland, Coppell & Co. Montgomery. Clothier & Tyler Potter, Choate & Prentice Wm A. Read & Co. Redimend & Co. Remick, Hodges & Co, Rhoades & Co. William Salomon & Co. J. & W, Seligman & Co, Spencer ‘Trask’ & Co. White, Weld & Co. Rochester, Alliance Bank ‘Traders’ Rank of Rochester Becurity Trust Co. Ford & Enos Harris, Fortes & Co. Syracuse, Ford & Enos Citizens National Bank Jonal Hanl lang, The Bonbright ~ Herrick ¢ Harris, Forbes & Co. den, Miller & Co. Ous & Co, The Tillotson & Wolcott Co. White, Weld & Co. Columbus, Huntington Dayton, “Cty Nation: Toledo, Second National Bank & Bell ‘Secor OREGON Portland, Hall & Lewis PENNSYLVANIA Philadelphia, Drexel & Co. Brown Brothers, & Co. Fidelity Trust Co. Gtrard’ Trust Co. Pennsylvania Co. for Insurance on Lives and Granting Annuities Barclay, Moore & Co. D. Barney & Co. Willlam P, Bonbright & Co, Inc. Brooke, Stokes & Co. Butcher, Sherrerd & Hansell Biking, Morris & Co. Ervin “& Co. Charles Fearon & Co, Frazier & Co. MM. Freeman & Co. Robt. Glendinning & Co. z Wister & Co. 2 Halsey & Co. Warper & Turner Harris, Forbes & Co, Chan C. Harrison, Jr., & Co. 3 whose names appear below, offer, on behalf subject to prior sale and change in price. Philadetphia—Continued ES co at Montgomery, Clothier & Tyler k of Pittsburgh, N. A. onal Bank ‘ational 1 Western National Colonial Trust Co. Pittaburgh Trust Co. Bafe Deposit & Trust Co. Union Trust Co, Holmes, Wardrop & Co. Lyon. Binger & Co. Montgomery, Clothier & Tyler Brooks & Co, RHODE ISLAND ‘Bank Merchants, Natlonal Exchange Bank Providence & Clark ‘Westerly, Washington Trust Co. SOUTH CAROLINA Charleston, First National Hank: ‘A.M. Marshall & Tro. The EM. Moreland Co, TENNESSEE (le, Fourth - First Natlooat VERMONT Brattleboro, Mrattleboro Trust Co. Mostpeller, Montpelier 2 Rutland, Clement’ National Hank VIRGINIA nd, American National Bak nk of Commerce & Trust rst Y nts National Nai Merchants, National Rank National State & City Bank Pi tional Bank O14 Dominion Trust Beott & Stringfellow Jobn L. Williams & Soas HH Rollins & Sons WISCONSIN Milwaukee, Edgar, Bicker & Co. comicbooks.com