11
THE CHICAGO BANKER
October p, rpop]
FOURTH STREET NATIONAL BANK
OF PHILADELPHIA, PA.
Capital -	$3,000,000.00
Surplus and Profits 6,000,000.00 ־
UNEXCELLED COLLECTION FACILITIES CORRESPONDENCE INVITED
R. H. RUSHTON, President	E. F. 3HANBACKER, 1st Vice-President
B. M. FAIRES, 2nd Vice-President
R. J. CLARK, Cashier	W. A. BULKLEY, Assistant Cashier
W. K. HARDT, Assistant Cashier FRANK G. ROGERS, Manager foreign Exchange Department
SHORT, STANTON & CO.
DEALERS IN D H TVT T^\ Q
HIGH GRADE £j U IN O
MUNICIPAI— RAILROAD-CORPORATION AND MUNICIPAL IRRIGATION
Suitable for Banks, Individuals, Trust Funds and Estates Principal Secured; Income Assured Circulars describing offerings furnished on request CHICAGO	CINCINNATI
533 First National Bank Building	1005 Fourth National Bank Building
Telephone Central 6047	Telephone Main 1280
Sutmer-Sleieh
Convertible Anastigmat f-6.8
There’s No Lens to Equal It
We have recently been comparing the Turner-Reich Convertible Anastigmat with the best lenses of other makers. We have compared it with the most expensive lens on the market, and we can honestly say the Turner-Reich is superior to any lenses we know of in every respect. The Series II Turner-Reich is the only Convertible Anastigmat with a working aperture of f6.8־ in all sizes. 1 he single combinations show a finer correction than those of any other anastigmat lens.
The Turner-Reich is unequalled in covering power, rapidity and the ability to produce absolute definition. Its construction is theoretically and practically perfect. Even the best German lenses do not reach the standard of the Turner-Reich. Order a Turner-Reich for 10 days trial and it will prove every word of the above claims.
ASK YOUR DEALER FOR A CATALOGUE
Gundlach-Manhattan Optical Company
817 Clinton Avenue, South, Rochester, N. Y.
gold certificates is absolutely inflexible; they are simply warehouse receipts. It is the greatest and most inefifective gold reserve in the world. If that reserve was under the contro' of an organization like the Bank of France it would be possible to issue say $400,000,000 more of notes and still have a reserve of 75 per cent, or $800,-000,000, if occasion ever required, and still have a reserve of 50 per cent. An institution like that standing behind the whole banking situation with the ability to issue its notes and make advances to the other banks would absolutely protect this country from money panics, as other countries are protected.
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Bank of Roseboro
The Bank of Roseboro (N. C.) has been organized with a capital of $19,000. Matt J. Heyer of Wilmington, president; A. E. Underwood, first vice-president; A. M. Hall, second vice-president, and G. Dudley Du Bois, cashier.
Farmers State Bank
The new Farmers State Bank, Greenville, Ky., has completed its organization by electing directors as follows:	L. W. Irvin, president; John
M. Corley, vice-president; H. L. Stum, cashier; T. J. Slaton, Doyle Willis, F. K. Jamison, Fred Isbell, J. F. Doss, J. L. Wilkins and J. N. Clemmons. The capital of the institution is $20,000.
V
Pope County Bank
The new Pope County Bank of Russellville, Ark., has elected the following officers:	H. W.
Patrick as president; R. L. Smith, vice-president; R. W. Ferguson, cashier, and M. A. Patrick, assistant cashier. The capital of the institution is $25,000.
Association, has returned from an inspection of the state guaranty law as in force in Oklahoma, in connection with the state legislative committee.
W. C. Haas, manager of the foreign and savings department of the First National, Milwaukee, is spending several days inspecting the property of the Stevens County Orchard Company, of which he is treasurer. The property is located in the State of Washington and Mr. Haas will endeavor to view the Alaska-Yukon-Pacific exposition before his return.
A. Wall, credit clerk for the First National, Milwaukee, has returned to his various duties after a vacation spent at Delafield. Unlike most of the returning nimrods he has no “fish stories” to tell.
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G. E. Roberts at Louisville
(Continued from page 1) and in this power lies its ability to protect the financial situation of France.
We have in the vaults of the United States treasury now the greatest gold reserve in the world, which might serve as the basis of an institution greater than the Bank of France. I hold in my hand the treasury statement for October 1st, last Friday. It shows gold coin $864,162,869, held as a reserve against exactly the same amount of certificates. The issue of
American Telephone and Telegraph Co.
A DIVIDEND of Two Dollars per share will be paid on Friday, October 15, 1909, to stockholders of record at the close of business on Thursday, September 30, 1909.	WM. R. DRIVER, Treasurer.
pital, of Sheboygan, and will reside there during the winter. Mr. Thomas is 81 years of age and is in poor health. It has been understood that he has been ill since the failure of his bank.
Bank for Junction City
State Bank Commissioner M. C. Bergh has issues a charter to the Junction State Bank of Junction City, Portage county. The capital of the new bank is $10,000. Its president is H. G. Graham and its cashier, John Stota.
New Bank at Cambria
A charter has been issued by State Bank Commissioner M. C. Bergh to the Cambria State Bank of Cambria, Columbia county. The capital of the bank is $15,000. H. F. Schemmel is president and E. O. Roberts cashier of the new institution.
Cudahy Has New Bank
A charter has recently been issued by the state banking commissioner to the Cudahy State Bank, at Cudahy. The capital stock of the new bank is $25,000. D. Rosenheimer is president and Charles A. Nicolaus, cashier.
Personal Mention
Oliver C. Fuller, president of the Wisconsin Trust Company, has returned from a flying business trip to New York.
E. J. Hughes, assistant cashier of the First National, Milwaukee, is visiting the banks throughout the state on a business trip.
Fred Vogel, Jr., president of the First National, Milwaukee, who was scheduled to sail from Europe, September 28th, has postponed his date of departure to October 13.
James K. Ilsley, president of the Marshall & Ilsley Bank, Milwaukee, and chairman of the legislative committee of the Wisconsin Bankers