29 THE CHICAGO BANKER November 27, jpop] Marshall & Ilsley Bank Milwaukee, Wis. ESTABLISHED 1847 Capital $500,000 Surplus $370,000 Oldest Bank in the Northwest Conservative Progressive We take pleasure In placing our facilities at your disposal and should be pleased to have you write us if you are contemplating opening either an active or a reserve account in Milwaukee. OFFICERS AND DIRECTORS JAMES K. ILSLEY, President JOHN CAMPBELL, Vice-President HARRY J. PAINE, Asst. Cashier JOHN H. PUELICHER, Cashier G. A. RELISS, Mdr. South Side Branch SAMUEL H. MARSHALL J. H. TWEEDY, Jr. ROBERT N. McMYNN C. C. YAWKEY GUSTAV REUSS The Audit Company of Illinois 1439-42 First National Bank Building, Chicago Specialists in AtadHtlrag» and System־־ atizangg Public Service Cogporations C. W. KNISELY, C. P. A. President—Manager REFERENCES: Leading Bond Houses dealing in Gas, Electric and Railway Securities Lewis and B. F. Gearhart, vice-presidents, and J. E. Lipscomb, cashier. A charter has been issued to the Citizens Bank, Wentzville, Mo. Capitalized at $10,000. The board of directors is composed of the following: Joseph C. Brown, Henry A. Meyers, Charles Carr, T. B. Waltham, and John Brueggmann. It is a reorganization of the private bank of A. F. Brown deceased, which operated under the same name. The directors of the Palacios (Tex.) State Bank have voted to increase capital $15,000 to $25,000 to take effect January 1, 1910. The Farmers Bank and Trust Co., Dardanelle, Ark., will erect a new bank building. The First State Bank and Trust Co., Bryan, Texas, with $50,000 capital has been incorporated by E. D. Hall, R. H. Seale, H. P. Donsby and others. William H. Donahue has been elected to the cashiership of the First National of Selling, Okla., to take the place of C. E. Fonda, deceased. Easy Money in New York New York, November 23.—On the surface there lies no explanation of the decline in interest rates at New York. Therefore the unexpected change is attributed by some to liquidation in the stock market by influential interests on a scale not generally appreciated. This theory would not clash with recent bank statements, but Stock Exchange commission houses declare that they have not made extensive purchases for regular investors. No new financing of importance, it is true, has yet fallen upon the money market, but the loss of gold through exports to Brazil and Argentina continues at the rate of $1,000,000 daily. Moreover, the abnormally high rates for foreign exchange confirm the statements of experts that there have been considerable maturides of our indebtedness abroad, and it is well known that between now and the new year quite a number of ninety-day loans will fall due, all of which may not be renewed on advantageous terms if the political crisis in Great Britain should complicate the London money market. The indisputable fact remains that, from whatever cause, money rates at New York have weakened at a time when firmness is looked for. The same interests who have so cleverly handled the bank statements could, if they would, clear up the mystery, but it does not suit them to do so at this juncture. A New Goerz Catalog EVERYONE interested in photography and in doing better photographic work, should have a copy of this new catalog. As a means to better photography, the lens is of first importance. We claim that GOERZ LENSES are the best means to that end. The catalog tells why, in an understandable way, and shows proof in the shape of many and varied illustrations. It gives, besides, much valuable general information on the lens question. lou will be interested, too, in the new Goerz cameras; the Vest Pocket Tenax, the Pocket Tenax and the Folding Reflex. Then there is the new Tenax shutter and the yellow ray filters—but get a copy and see for yourself, it may be had for 6 cents to cover cost of mailing. We would also appreciate it if you would mention this magazine and your dealer’s name when writing us, or if you prefer Ask your dealer for a copy, free Among the most recent of the numerous triumphs of Goerz lenses, is this:—Practically all the photographic work on the successful Peary—North Pole Expedition, was done with the Goerz lens. G. P. GOERZ AMERICAN OPTICAL COMPANY Office and Factory: ?9 EAST 130th STREET, NEW YORK Dealers’ Distributing Agencies: For Middle West: Burke & James, Chicago; Pacific Coast, Hirsch & Kaiser, San Francisco; Canada, R. F. Smith, Montreal. and R. E. Porter, formerly of Osceola, Mo., are interested. The First State Bank is the title of a new chartered institution at Tomball, Texas. Capitalized ac $10,000. C. F. Hoffman and others are promoters. The Peoples State Bank is the title of a new enterprise at Hemingford, Neb. L. Canfield is president, and C. A. Burlew, cashier. The First State Bank, Carbon, Texas, has been chartered, with a capital of $10,000. L. A. White is president. E. F. Fink has been chosen an additional vice-president of the Van Zaridt County National of Wells Point, Texas. George W. Fritz succeeds S. P. Buster as cashier of the First National of Glen Rose, Tex. The Commercial National, Jefferson, Texas, has elected W. T. Neilon cashier, to take the place of S. K. McCallon. A. E. Walker becomes assistant cashier. M. E. Taylor succeeds J. A. Williamson, resigned, as assistant cashier of the New Boston (Tex.) National. The Fort Collins (Colo.) Bank and Trust Co. has filed articles of organization, with a capital of $50,000. S. H. Clammer, C. E. Daniels and others are promoters. The Merchants Loan & Savings Bank of Lawrence, Kan., has been organized. The Gretna (Neb.) State Bank has been organized with a capital of $25,000. Wm. Glandt of Millard, Peter Mangold and William P. Mangold of Beemer are promoters. The Bank of Ingersoll (Okla.) has increased its capital from $5,000 to $10,000. The new institution Guaranty State Bank, Houston, has a capital of $20,000. The incorporators are: A. C. Bell, R. F. Butts, H. E. Detering, W. M. Fonville and Gus Anderson. The work of organization has been largely in the hands of R. F. Butts, who was until recently connected with the Harris County Bank and Trust Co. It is reported that the First National Bank and the Farmers and Merchants State Bank have consolidated under the name of the First State Bank of Celina, Texas, with a capital of $50,000 and a surplus of $10,000. The following officers were elected: B. F. Smith, president; S. G.