CHASE NATIONAL BANK, THE, of the city of New York was founded on Sept. 12, 1877. Its first published balance sheet (Dec. 27, 1877) showed total resources of $1,042,009.25. The statement for September 30, 1935, showed total resources of ; preferred capital stock of $50,000,000.00; common capital stock of $100,270,000.0o and surplus and undi vided profits of $68,946,651.19. On the same date, the bank had 39 branches in Greater New York, and branches in London, Havana, Panama, Cristobal and San Juan. An affiliate, The Chase Bank (organized under the Edge Act) had branches in Paris, Shanghai, Hongkong and Tientsin. The Chase National Bank oc cupies a prominent position in the field of both domestic and foreign commercial banking, acts as New York correspondent for thousands of other banks in the United States and abroad, and maintains a large Trust Department. Principal executive officers in 1935 were Winthrop W. Aldrich, Chairman Board of Directors, and H. Donald Campbell, President. Mergers with three other large New York banks and a number of smaller institutions were consummated between 1921 and 1931, as follows: Nov. 22, 1921, Metropolitan Bank; April io, 1926, Mechanics & Metals National Bank; Dec. 28, 1927, Mutual Bank; Jan. 26, 1929, Garfield National Bank; Aug. 24, 1929, National Park Bank; May 31, 1930, Equitable Trust Company and Interstate Trust Company; Dec. 19, 1931, American Express Bank & Trust Company. CHASING, the art of producing figures and ornamental pat terns, either raised or indented, on metallic surfaces by means of steel tools or punches. (See SILVERSMITHS' AND GOLDSMITHS' WORK.) The chaser first outlines the pattern on the surface he is to ornament, after which, if the work requires bold or high em bossments, this is blocked out by a process called "snarling." The snarling iron is a long iron tool turned up at the end, and made so that when securely fastened in a vice the upturned end can reach and press against any portion of the interior of the vase or object to be chased. The part to be raised being held firmly against the upturned point of the snarling iron, the workman gives the shoulder or opposite end a sharp blow which raises the surface of the metal held against the tool. When the blocking out from the interior is finished, the object to be chased is filled with molten pitch, which is allowed to harden. It is then fastened to a sandbag, and with hammer and a multitude of small punches of different outline the details of the pattern (lined, smooth or "mat") are worked out. Embossing and stamping from steel dies and rolled ornaments have taken the place of chased ornamenta tions in the cheaper kinds of plated works. (See EMBOSSING.)