The Seattle Star Newspaper, November 20, 1909, Page 8

Report of Condition of the AMERICAN SAVINGS BANK & TRUST C0. At the Close of Business, November 16th, 1909 OFFICERS J. A. MURRAY, President MICHAEL FE Vice Pre 1. C.F RESOURCES LOANS... 6. cee eees $1,358,081. 65 M. M Cw HARRY Pix. Safe Deposit Vaults. Banks .. Trust Officer J. P. GLEASON, Manager. TRUSTEES a . : 1. A. MURRAY LIABILITIES oe M. M. MURRAY Capital ... <<. 200,000 J. PB. GLEASON Surplus and “‘Undvid- MICHAEL EARLES ed Profits 450. J.C FORD Deposits , J. H. KANE # H. J. SCHAEFFER W. D. HOFTUS ED, HICKEY, The American Bank building is the absolute property of the bank, free from incumbrance of any nature. It is of the most modern fireproof type of steel and concrete. ‘ The Safety Deposit Vaults pwned by the bank, constructed in its own building, are superior to any in the Northwest. Inspection solicited, American Savings Bank & Trust Co. Corner Second and Madison The National Bank of Commerce OF SEATTLE UNITED STATES DEPOSITARY Statement of Condition at Close of Business, Nov. 16, 1909 RESOURCES Loans and discoynts ......ecceseccnmosce MOROTAIRS. 0 6.5.00 sce gs H00es State, county and city warrants. weteeee Real estate, furniture and fixtures aes Foreign government, R. R. and other bonds aoe U. S. government bonds to secure circulation {U. S. government bonds ... ooh Cash ....4 7h ooh. a, MERCER Te a ee lin Bay Sh PURIED Soave ss edie: is wecide 82 05 52 81 54 .00 -$ 8,894,916. 6,310. 267,502. 41,536. 657,803. 583,000 571,272. 2,943,199. ¢ 1,6 5 819.97 29,152.50— 5,239,444. $15,780,514.59 COR SRS LIABILITIES Capital . Exose Surplus 4 and ‘profits Bond account .... Circulation Acceptances under letters of credit .. iingredual Deposits dank . (United States . +++eeee$ 1,000,000.00 1,046,051.66 119,000.00 583,000.00 83 ie esaehieek 26,267 711,895.01 ++ 2,408,658, 18 5,641.91— 13,006,195. $15,780,514. 5 OFFICERS DIRECTORS M. F. BACKUS, | H. C. HENRY, R. R. SPENCER, Ist Vice President. | E; E- Ainsworth Chas i : : | M. F. Backus R. R. Spencer RALPH S. STACY, 2nd Pres. | Le Roy M. Backus Ralph §, Stacy J. A. SWALWELL, ¢ Geo. E. De Steiguer EF. F res =nt H President Chairman E. Patten Vice ashier. Sweeney Moritz Thomsen W. Trimble xh C. Wallace *, White M. H. Young J. D. Farrell oshua Green Geo J C. J. Lord Hu E. ( tant Cashier, Assistant Cashier, S. McCord ( has. S. Miller Assistant Cashier SAVINGS DEPARTMENT THE STAR—SATURDAY, NOVEMBER 20, 1609 OEATTLE BANKS oHOW WONDERFUL INCREASE The results of the fifth and last call made this year by the comptroller of the currency have just been made putilic | and they point out the fact that the banks | regards deposits of Seattle, so far a have never in their history stood in such an jexcellent position as now. This statement shows all business | The} of the city show a net gain since} j} done up to and including the 16th of the current month. | deposits in the banks | the first of September (the time of the last call) of $2,068,700.69. | |The total figures aggregate $77,444,907 69. | | }of loans are of chief interest Bankers themselves cal! attention to the fact that the it in that they show more cle has taken | for }than any other feature the wonderful gain which place in business during the short period of time which |they are the index The grand total of loans since September 1 reaches the | | huge { of $50,655,561.48. This is considered to be of market | banking gure are |markably good showing wi the stringency the need centers, such as New York, London and others, which have not sewhere is realized, as from the big nereased their rates but have manifested the greatest con vatism in handling the larger class of this business The actual increase in local loans figures out at upwards }of $5,000,000, and this is.indicative of a very material pros perity and business activity. } | Other evic }of local lence, if it were needed, of the financia! stability institutions is fo be gathered from the fact that the j banks have added to their surplus and undivided profit fund |during the same shortaperiod, a sum of $418,211.41. This| | Points out an Increase insevery bank of the twenty-five but} three. No further call will. be made by the comptroller of cur | rency thie year The following table is'an eloquent statement of the position of the yarious twenty-five local banks, giving as it does at a} glance the totals of their deposits and loans. It is the plainest | | indication of a very satisfactory state of affairs and shows an} increase over the last similar table issued in every case: Deposits Loans American Savings & Trust company . Dank of California Bank for Savings Canadian ‘of Commerce . | Dexter Horton &@ Go. ., , oO. Banke of Baissea State Bank of Brattle Title Truat company Union Savings & Trust com, pany University Washington te bank ‘ rust company ... REPORT OF THE FINANCIAL CONDITION FREMONT STATE BANK LOCATED AT SEATTLE, STATE OF WASHINGTON, At the close of business on the 16th day of November, 1909 RESOURCES, Loans and discounts «$155,299.70 Overdrafts . ‘ . 1,471.71 Bonds, warrants afd other sec uritles. 1,979.85 Banking house, furniture and fixtures 7,528.75 Other real estate owned e+ 12,750.82 Due from banks . 27,359.70 Checks on other banks and other cash ttems.. 881.98 Cash on hand .....006 + 9,972.27 $217,244 48 or Total LIABILITIES. Capital stock paid in. Surplus fund . Undivided profits . Deposits .. ‘ Cashier's checks .. $ 50,000.00 1,000.00 2,214.10 161,067.20 2,963.18 ee dW weer eeee weeeeeeeeees te eeeereseees 217,244.48 State of Washington, Countyot King, #9: 1, J. Harwood Morrisgcokshier of the nhovenamed bank, du solemnly swear that the foregoing statement is true to the beet of my knowledge and belief. J, HARWOOD MORRIS, Cashier. Subscribed and sworn f6'before me this 18th day of ‘Novem 1909. (Beal) J, A. BEATON, Notary Public Correct—Attest: C. E REMSBERG, W, ‘WINTER, Directors. REPORT OF THE FINANCIAL CONDITION OF THE PROPLK'S Savings Hank, located at Seaitie, State of Washington, at the close of business on the 16th day of November, 1909; LIABILITINS Capital Stock (fully |. 2AM) tact $ 100,000.00 Undivided Profits,.,, 291,464.21 Deposits . 2,028,604. 09 RESOURCES 4° Loans apd Discounts.§ 456,146.75 Hondas other Bank Bullding . Real Eutate Cash and Exchange,. $4,860,148, 30 State of Washington, County of King, sx { Soseph ‘T. Groehlenf, cashier arttily eekee int ve forsectig ‘ch knowledge and bellef. above named bank, do ao: nt is true to the best of my JOSEPH T, GREENLEAK Cashier Subseribed and sworn to before day of Novem 1908. (Beal) e this 19th ber CHAS. D. THOMAS, Notary Public Correet The Seattle National Bank Seattle, Wash. . Conditions at Close of Business November 16, 1909. THE — 500,000 WHAT THEY MEAN ‘- OO Siples and undivic ed profits Circulation olde ‘ . 394,170 > eh 500,000 © on tm the hands of the Deposits of business men and state, county and city | ppreve our standing” ang S 4,870,269. ed for 2ctive edreaiation, tn one Ch U. S. bonds, a R. R. bonds rants .... Furniture tures Cash and exchange 1,400,000 and war sas ha0.3 Higt © investmente 83,840 Pleasant venient ray egy i rity and. facilities = business. s available to meet neds nt on hand 37 per per cent; tra margin of security, and fix- 20,000 2,908,715. $10,282,824. Pps br sae Reserve fur positors Deposits under call November 27, 1908 Deposits under call November 16, 1909... : B AW - « $1873407 05 | Gain in one year over 26 per cent, or OFFICERS E. W. ANDREWS, President. Vive President. J. W. MAXWELL, Cai , Vice President. H. ¢ MacDONALD, Asst A. G. AME E. G. AMES Report of the Financial Condition 0 NORTHWEST TRUST & SARE DEPOSIT COMPANY Colman Building, Seattle, At the November 16, 1909. close of business, RESOURCES Loans and discounts ........ Accrued interest (net) Street improvement bonds State and King county warrants . Stocks and bonds Safe deposit equipment Furniture and other fixtures .....000.eeee00 Real estate and other resources .......04 6 Government and railroad bonds ....... Cash on hand and due from other banks... Total . Capital stock paid in Surplus and undivided eeohits ; ye Deposits C00 ee woeeccese weoee Total ee rey It is our aim to pay our depositors such interest and facilities as are in accordance with sound business principl« E. SHORROCK, President. \RTMAQ,, Vice President: @ ALEXANDER MYERS; Secretary: A. SMITH, vn Cashiers afford them st od JOHN P JVs