13
THE CHICAGO BANKER
November 14, iço8־\
William A. Tilden President
Nelson N. Lampert Vice Prest.
Henry R. Kent Cashier
Charles Fernald Asst. Cashier
Colin S. Campbell Asst. Cashier
MONROE AND CLARK STREETS
C H I O A G О
Capital, $1,000,000 Surplus and Profits, $400,000
Your Business Solicited
THE
LIBERTY NATIONAL BANK
OF NEW YORK
FREDERICK B. SCHENCK, President
CHARLES W. RIECKS
2d Vice-president and Cashier
HENRY S. BARTOW
Ass’T Cashier
HENRY P. DAVISON, Chairman Executive Committee
CAPITAL, SURPLUS AND UNDIVIDED PROFITS
S 3,400,000.00
For Rent
SPACE IN THE
Classified
Service
Columns
OF THE
Chicago Banker
RATE: Two Cents Per Word or Fifteen Cents Per Line
RESULTS QUICK AND SURE
There are thousands of bankers and financial men throughout the United States who will be brought in touch with your announcement if placed in the classified service columns of the Chicago Banker. Act at once and send your order to
Xh® Chicago Banker
407 Monodnock Block ■ CHICAGO
Michigan Banking News
By W. T. Foster.
State Banking Commissioner Zimmerman chartered three new banks Friday. They are the State Bank of Harbor Beach, the First State and Savings Bank of Birmingham and the Gwinn State Savings Bank of Gwinn. The capital in each case is $35,000.
Michigan Loss Slight
State Insurance Commissioner J. V. Barry, who recently sent a representative of his office to investigate conditions in the Northern Michigan district devastated by forest fires, learned that with one exception the losses sustained by the Farmers’ Mutual Insurance Companies in the burned section have been slight and will be easily taken care of.
The Farmers’ Mutual Insurance Company of Presque Isle County, which carried many of the risks in and around the destroyed town of Metz, suffered a heavy loss, but is meeting the situation satisfactorily and adjusting the losses as fast as possible. The losses of this company will probably amount to 12 per cent on the risks carried.
Elected Assistant Cashier
Benjamin G. Vernon, Jr., and Edward C. Mahler, have been elected additional assistant cashiers of the Old Detroit National.
The Bank of Lennon to Build
A new bank building is to be erected for the Bank of Lennon.
Daniel McCoy Dead
Daniel ]McCoy, state treasurer from 1900 to 1904, and a leading banker and capitalist of Grand Rapids, died at his home Saturday of heart trouble at the age of 63 years. He was prominent in the lumber industry of Michigan for years.
First National of Lake Linden
The corporate existence of the First National of Lake Linden has been extended.
V»
The Fruitgrowers Trust Company
The Fruitgrowers Trust Co., of ]Medford, Ore., has been organized with a capital stock of $50,-000 by prominent local and Seattle capitalists. It will do a regular trust business.
The Reno Clearing House Association
The Reno, (Nev.) Clearing House Association, which was organized during the panic, and which was reorganized on a permanent basis the latter part of July, held its first annual meeting last week and elected the officers for the ensuing year as follows:	President, F.
M. Lee, of the Nixon National; vice-president. Richard Kirman, of the Farmers and Merchants' National: secretary, George H. Taylor, of the Washoe County Bank, and assistant secretary, A. H. Howe, of the Nixon National. Before August the banks were allowed to use cashier’s checks in clearing, but beginning with that month checks of that kind were not allowed, and hence the clearings have been made on an actual cash basis, only since August 1st. There has been a steady increase in the business of the five banks of Reno since August 1 st, and the business conditions of Nevada, and especially of Reno, are shown to be very healthy. The clearings and balances for October were as follows:	Clearings,
$1,098,842.50; balances, $337,279.36.
V
You Love a Mystery Story
Most readers like a good mystery story once or twice a season and some prefer them to any other style of literature. “The Queen’s Gate” by Captain Henry Curties, who wrote “A Bride on Trust,” is a case in point. It is a novel with all the elements of success, essentially modern in its setting and bristling with incident. That the murder of a London tradesman should affect the map of Europe seems wildly improbable, but such is the ingenuity of Captain Curties that on laying down the book the reader is bound to confess that it all might very well have happened in real life. The characters are exceedingly well drawn, and the author’s style is far more vivacious than is usually the case in fiction of a sensational kind.
Published by Dana Estes & Co., Boston, at $1.50.
T>*
Rose City Bank
James N. Stewart has been re-elected president; S. D. Knox, vice-president; Arnold H. Lange, secretary and treasurer; R. E. Stevenson, cashier, and J. N. Stewart, S. D. Knox, D. R. Hardeman, J. E. Mills, and A. H. Lange, directors, of the Rose City Bank, of Little Rock.