[Volume XXV THE CHICAGO BANKER 8 THE FARMERS’ AND MECHANICS’ NATIONAL BANK OF PHILADELPHIA, PA. 427 CHESTNUT STREET Capital - $2,000,000.00 Surplus and Profits 1,325,000.00 ORGANIZED JANUARY 17, 1807 Dividends Paid - $12,777,000.00 OFFICERS Howard W. Lewis, President Henry B. Bartow, Cashier John Mason, Transfer Officer O scar E. Weiss, Assistant Cashier ACCOUNTS OF INDIVIDUALS, FIRMS, AND CORPORATIONS SOLICITED PRESENT NUMBER OF STOCKHOLDERS 930 STATE BANK OF CHICAGO ESTABLISHED 1879 S. E. Corner La Salle and Washington Streets Capital $1,000,000 Surplus and profits (earned) 1,300,000 Deposits 19,000,000 OFFICERS H. A. Haugan, President L. A. Goddard, Vice-President John R. Lindgren, Vice-President Henry S. Henschen, Cashier Frank I. Packard, Asst. Cashier Henry A. Haugan, Asst. Cashier Samuel E. Knecht, Secretary William C. Miller, Asst. Secretary YOUR CHICAGO BUSINESS RESPECTFULLY INVITED his place as a member of the executive committee. Banking Notes The Farmers Banking Company, of Prairie Depot, reports capital of $30,000. H. C. Cord-rey is president; D. E. Jackson, vice-president; Harry B. Lloyd, cashier, and Stephen E. Cook, assistant cashier. The National Bank of Hudson reports capital of $25,000, and deposits of $43,500. A. H. Dittrick is president; T. B. Terry, vice-president, and Howard H. Croy, cashier. The Bedford State Banking Company, with a capital of $25,000, has been incorporated by V. A. Taylor and others. Short, Stanton and Company, is the title of a new banking and brokerage firm at Cincinnati. The Central Trust and Safe Deposit Company, of Cincinnati, has added $25,000 to its surplus, bringing it up to $500,000. V The Peoples Bank of Donaldsonville The Peoples Bank of Donaldsonville, La., re-elected the present directors as follows : J. A. Dalfers, R. N. Sims, G. B. Renss, L. W. Ar-mitage, F. L. Trepagnier, C. D. Gondran, H. C. Brand, D. D. Dalferes, S. V. Vega, Dr. E. Iv. Sims, Adolphe Netter, J. P. Armitage, E. C. Wathen, and Leon Kessler. The State Bank of Bessie The State Bank of Bessie, Okla., reports capital of $io,coo and deposits of $40,000. R. Be-hoske is president; H. A. Wiens, vice-president; H. C. Wallerstedt, cashier, and H. B. Wallerstedt, assistant cashier. circuit court, Horton C. Rorick for the Bank of Wauseon, and Geo. W. Close for the Savings and Trust Company. The purpose of the petition, it is claimed, is to develop the assets of the bank. At Wauseon it was stated that fully 95 per cent of the creditors of the bank have signed off their claims for one year to give Barber an opportunity to work out the bank’s difficulties. This; he claims, can be done if he is given time. The Union National of Cleveland The Union National of Cleveland has about completed the changes and alterations upon which workmen have been busy for several weeks past. Additional cages have been installed, opening more tellers’ windows, so that the public may be more quickly served. A large room has been fitted up for the stenographic force, the telephone switchboard has been placed in a more desirable location, and the efficiency of the working force has been greatly increased by the changes made. The auditor, W. C. Saunders, has enlarged quarters and is easy of access to the customers of the bank, all communications covering accounts on the individual ledger accounts and any adjustments being made by him. The officers' quarters have been rearranged, and the desks of J. F. Harper, vice-president; E. R. Fancher, cashier; G. A. Coulton and Wm. E. Ward, assistant cashiers, are in close proximity, enabling them to give prompt attention to the needs of their customers. The Central National of Columbus Permission to organize the Central National of Columbus was granted by the Comptroller of the Currency. It is stated that this represents the nationalization of the American Sav- The Iron Valley Bank, a private institution owned by Plin Vinton, was sold to the First National of Canal Dover, which took over the business last week. Plin Vinton was in business for 61 years and will retire. Second National of Cincinnati Announcement has been made that the Second National of Cincinnati will increase its capital from $500,000 to $1,000,000. Sixty per cent of the new stock goes to present holders at $150 a share and the remaining 40 per cent will be distributed where it will do the bank the most good at $275 a share. This will make the surplus $1,000,000 and undivided profits about $275,000. The bank expects to take possession of its new building, at Ninth and Main Street, about the first of the year. The Wauseon Savings Bank and Trust Company An involuntary petition in bankruptcy has been filed at Toledo, in the United States District Court, and Ed. L. Butler, prominent independent telephone magnate and president of the Wauseon Savings Bank and Trust Company, is made defendant. Mrs. W. H. Harper, of Wauseon, and other creditors of the bank, it is said, signed the petition which was filed by John Bird, attorney-general of Michigan. The amount named by the creditors is said to be $13,000. What act of bankruptcy Barber has committed is not made known at this time. It is expected that service will be made on him Tuesday. The filing of the petition is a sequel to the financial difficulties of the Wauseon Savings Bank and Trust Company, which closed its doors last sum 113cr, following the financial a Barber institution. Two ־ted in the United States