9 THE CHICAGO BANKER October io, iqo8] Simplicity and Efficiency are the strongest points of any machine. Both these features are prominent in the Splitdorf Hi¿!! Tension Magneto The simplest and most serviceable of all Magnetos. With this Magneto on your car you can forget all about ignition apparatus. Francisco ^ I ] ^1^ 1.—J Chicago an Ness Ave. X • О L} JUL LvlO 1 1 319 Michigan Walton Ave. end 138th St., New York. Branch, 1G79 Broadway The Security National Bank of Minneapolis Solicits the business of Banks and Bankers throughout the Northwest Capital and Surplus • - $2,000,000 Deposits ----- 14,500,000 PROMPT SERVICE GUARANTEED The Merchants National The Merchants National of Indianapolis, in its statement to the Comptroller of the Currency shows an increase in deposits. This bank is a United States depositary, has a capital of $i,ooo,-ooo, and a surplus fund and profits of $850,000 (earned). O. N. Frenzel is president. T>׳» Shock Kills the President Pittsburgh, October 5.—The first death to be credited to the affairs of the Cosmopolitan National of Pittsbu rgh which was taken in charge here September 5, occurred late this afternoon, when President John McClurg died, having been unable to withstand the shock of the news that his bank had gone down. President McClurg was ill at the time the bank closed its doors and could not be told of the occurrence for fear of the effect it might have on his heart. Saturday morning one of the former officials of the bank made his way into the sick room of the president and told him all. President McClurg became much excited, and insisted on being taken for a ride in the open air by a relative, saying he would come to the bank and settle all trouble Monday morning. On the trip round town in an auto Mr. McClurg took a chill, which developed into quick pneumonia, which caused his death to-day. The death of President McClurg: perhaps will complicate the bank’s affairs further. T>׳* “The Servant in the House” The devil and Christ are both appearing in allegorical plays which are attracting much attention throughout the United States. In fact, the devil was so much sought after as a dramatic figure that two managers broke their necks to get him on the stage first, and the race resulted in a draw with Henry W. Savage and Harrison Grey Fiske, both getting his satanic majesty into buskins the same night in New York. But the devil proved less of a drawing card than Charles Rann Kennedy’s play, ,’The Servant In the House,” which offers a character unmistakably designed to suggest Jesus Christ. This play is such a remarkable allegorical study and has such unquestioned literary merit that Harpers have issued it in book form, and, unlike most plays, it is as fascinating to read as it is when acted. ■ Harper Brothers, New York, $1.25. V* The Bank of Lincoln, Ark., has increased its capital stock from $5,000 to $40,000. The Butlerville State Bank John Murphy was appointed vice-president of the Butlerville State Bank. Southern Indiana Bond Deposits One of the representative members of the Hodenpyl-Fernald bondholders’ protective committee of the Southern Indiana Railways Company states that slightly more than two-thirds of the $7.500,000 first mortgage 4 per cent bonds have been deposited under the terms of the agreement, which expired Thursday. It is understood that the time for depositing the remainder of the bonds will be extended probably for another 30 days, thus giving all holders the privilege of coming in. A New Trust Company P. D. West and N. L. Green are organizing a new trust company at Garrett. South Bend Bonds Sold City Comptroller Fred Martin, of South Bend, sold a $2,000 issue of South Bend general purpose bonds to Rudolph Kleybolte & Co., of Cincinnati, O., who paid a premium of $660. E. M. Campbell & Co., Indianapolis, offered a premium of $153.53. The !Miller & Adams Company, also of Indianapolis, bid $2,587.50. Meyer & Kiser, another Indianapolis firm, offered $250 premium. The bonds will be issued in denominations of $1,000 each, bringing 4 per cent interest, payable semiannually. The bonds are dated October 1. 1908, at the National Park Bank of New York. First National of Columbia City The First National of Columbia City has been steadily gaining since the first of the year. Its statement on September 23d showed total resources of over $517,000. They make the claim that their local county. Whitley, is this year the banner clover seed countv of the United States. WANTED An established firm, dealing in municipal and corporation bonds, wishes salesman for Pacific Coast territory. A permanent connection for a young man of character, energy and business-getting ability. State experience, salary expected, etc. Address P. C. - Care of “CHICAGO BANKER“ The Studebaker Bank of Bluffton reports deposits of $886,870. It has resources of $1,151,-051. This bank was originally established in 1863, and is a depositary for county, city, and state funds. R. S. Todd is the cashier. The American National The officers of the American National of Indianapolis have every reason to be proud of the showing made in the official statement as of September 23d. This important institution has made gains in ever}• department. Deposits are $5.687,-623, a gain of $125,997; resources, $9,997,671, a gain of $162,408; loans, $3,915,377, a gain of $143,041. The capital is $1,500.000; surplus, $500.000; undivided profits, $116,656. The Millersburg State Bank The Millersburg State Bank is being organized with a capital of $25,000 by S. L. Thomas, president; G. W. Kerby, vice-president, and Henry Long, cashier. The First National of Fort Wayne The First National of Fort Wayne is a government depositary, and was the first in the state of Indiana, and the eleventh in the United States to take out a charter under the National Bank Act. In its latest statement it shows deposits of $2,966,941. On the pamphlet is printed the following: All business men require 1. A safe bank in which to deposit their money and securities. 2. A bank from which to borrow money to carry on legitimate business interests. 3. A bank carefully equipped to render the best assistance to every business proposition and fully organized in every banking department. 4. A bank liberal in its business methods, but conservatively managed to insure safety. 5. A bank large enough to inspire the confidence of its customers, but not too large to give every consideration to the interests of rising young business men. 6. A bank with courteous officers capable of giving customers sound business advice. This bank has pleasure in offering its services to the business men of Fort Wayne believing that its present customers will assure new clients; that it can and does fulfill all the above requirements of modern banking.