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Pitman Shorthand Exercise No. 139
Total Words=
There are over 2,000,000 motor trucks today transporting annually about 1,800,000,000 tons of freight, including almost 200,000,000 tons of farm produce.
Over 20 billion dollars is invested in public utilities in the United States.
Of this total over 5 billion dollars is invested in power and light companies.
Yesterday, Professor Jackson, the distinguished economical, aroused a great deal of attention by his article on the savings bank question which is now receiving so much attention from the various political party leaders.
The National Bank of Commerce has finally completed its arrangements for taking over the business of the Hamilton Trust Company with its total deposits of more than $8,000,000.
7000 stockholders of the General Construction Company will share in the dividends just declared by the directors.
The dividends are $40,000 to the preferred and $2,500,000 to the common stock holders.
The “Journal of Commerce” for the current month publishes an article on the proposed merger of several large steel and iron companies.
This article calls attention to the fact that government officials in the Department of Trade and Commerce have approved the merger upon the recommendation of the Board of Railway Commissioners.
Professor-Thomas of the Treasury Department of the Canadian Government states that he believes there will be no opposition from either of the political parties to the proposed income tax rates.