9
THE CHICAGO BANKER
October 17, 1908]
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San Francisco J1 CJ Qr\llfnnV*f	Chicago
520 Van Ness Ave.	Jl •	U1.J, LULU 1 X 319 Michigan Ave.
Walton Ave. and 138th St., New York. Branch, 1679 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
Citizens National of Wayne, Neb.; capital $60,000. A. L. Tucker, president; H. C. Henney, vice-president; D. C. Main, cashier; H. B. Jones, assistant cashier.
V*
The Traders’ Bank of Los Angeles
The State Bank Commissioners have granted a license to the Traders’ Bank of Los Angeles to conduct a banking business in Los Angeles, with an authorized capital of $200,000, of which $85,000 has been subscribed and $29,000 has been paid on shares of the capital stock. The following are the officers of the new bank: President, Philip L. Wilson; vice-president, J. B. Coulston; treasurer, W. A. Bonynge; secretary and cashier, W. W. Jones; with J. W. Beasley, J. V. Akey, E. T. Parke and Newman Essick, directors.
V»
The Columbia National
The Columbia National of Buffalo, which was reorganized January i, 1902, now has deposits of $5,254,958. The bank has resources of $7,-672,869.
N. H. GREENE Moline, 111.
F. P. JUDSON
Chicago
New National Banks
Certificates have been issued authorizing the following national banks to begin business:
Albemarle National of Charlottesville, Va.; capital $100,000. L. T. Hanckel, president; R. T. W. Duke, vice-president; R. T. Martin, cashier. This is a conversion of the Bank of Albemarle.
The First National of Carson City, Nevada; capital, $50,000; James A. Raycraft, president : P. B. Ellis, vice-president; J. P. Marshall, cashier.
The Union National of Dallas, Tex., capital $200,000; E. G. Patton, president; Isaac B. Walker, vice-president; Walter O. Siler, cashier. This is a conversion of the Union Bank & Trust Co. of Dallas.
Farmers' & Traders National of Hillsboro, Ohio; capital $50,000. A. Matthews, president; J. D. W. Spargur, vice-president; Phillip C. Berg, cashier.
The Laurel State Bank
The First National of Laurel, Mont., is closing its affairs. The stockholders deem it advisable to organize a state bank, so have purchased the assets and liabilities of the First National, retaining the same officers and board of directors, and have organized the Laurel State Bank. W. R. Westbrook is president.
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Resources of Banks
The Comptroller of the Currency states that the summaries of the information received for the current year show that there were in operation 14,522 banks other than national, with aggregate resources of $10,869,345,993, being an increase of 1,205 in the number of banks and a decrease of $299,168,523 in the resources reported the previous year.
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Boston National Banks
The only explanation given for the decrease of $6,657,572 in the surplus reserve of the Boston national banks last week is that the banks have paid their deposit losses largely through New York.
O. G. FOREMAN Chicago