The Seattle Star Newspaper, November 20, 1909, Page 9

SEATTLE, WASHINGTON ESTABLISHED 1870 Statement of Condition Nov. 16, 1909. RESOURCES and discounts .......se00. ¢ dys we coceeesh O269,483. 17 1,928.33 1,114,387 .76 132,880.00 oP PAE Neo 103,563.68 $1,770,653 .15 .. 2,009,615.63— stocks and warrants ... ° otis and fixtures .. 3,780,268 .78 $13,402,511.72 oe eeeeeesS 1,000,000.00 @ cecscsceee 150,000.00 EEE occ wccccéceeetewececececs'tece 243,305 .95 tee eeeeee $13,402,511.72 TTS OFFICERS . M. LADD, President. R.H. DENNY, Vice President. N. H. LATIMER, Manager M. W. PETERSON, Cashier. G. F. CLARK, Assistant Cashier. H. L. MERRITT, Assistant Cashier Cc. E. BURNSIDE, Assistant Cashier. OLDEST BANK IN STATE OF WASHINGTON Report of the Financial Condition OF viat-American Bank Seattle, State of Washington, at the Close of Business, November 16, 1909. asand discounts .... ‘ os ae ) Warrants and other securities ......... «+ king house, furniture and fixtures Sree eee ; BE OWDEE . cscs cededd ches des vins + oe are .$1,172,848.71 other banks and other cash items .... 16,522.32 for clearing house .... 107,840.51 THE—— wee esee teem ween sere ereee . 2,532,210 .34 7,000 .00 $11,098,441 .31 aseeeee IABILITIES veees cdoveeee BS 5Q0000.00 350,000.00 ee sew ebeie eves 229,841.17 eocesecosse aoe 740,183.61 220.00 29,401 .66 ceceesecccs oo eee 5y114,451.80— 10,018,600. 14 KS, deposits .... checks ... Some ewe ew eee Savings deposits $11,098,441 .31 OFFICERS : A. CHILBERG, President BERG, Vice Pres THOS. B. MINAHAN, 2nd Vice Pres. E, Cashier, C. A. NELSON, Asst. Cashier Ly. ‘a L. H. WOOLFOLK, Asst. Cashier BEAN, Asst. Cashier OTTO §. J. PEDERSEN, E, Manager Ballard Off Cashier Ballard Office DIRECTORS J. FE. CHILBERG Vice President PERRY POLSON, President Polson Implement Co H. C. EWING, Of Calhoun, Denny & Ewing JAFET LINDEBERG, President Pioneer Mining Co. President. President ALFRED BATTLE, . tle, Hulbert & Tennant, Attorneys he METSON, Campbell, Attor San Franc es, THOS. B. MINAHAN, Vice basis of teal banking service, we are pleased to invite additional accounts from Ms, corporations and individuals, to each of whom will be accorded treatment and every accommodation that is consistent with conservative bank- Z ° THE STAR—SATURDAY, NOVEMBER 20, 1909. HAVE BIG DEALS ON THE WAY, SAY THESE BROKERS) |Few Deals Made, But the Realty Men Are Still Very’ Optomistic About the Future. A few of the real estate dealers report & prosperous week, but most of them have few big transactions to report, although several big deals are said to be about consum ‘ mated The greatest activity seems to have been in the University dts. trict, where a vast amount of build j tn fe sttl! being done, despite uo favorable weather conditions Jackson st. property and lots on adjacent streets have been moving fairly well. | Acreage and ranches are moving much faster than efty property right now. good Index to the rate home ‘ arted for the North west is furnished by the records of }the two North Coast railroad towns of Granger and Grandview, jin the Yakima valley. Calhoun. Denny & Ewing, owners, report that In the last sixty days new set ers have increased fully 100 per | Cent, Are Very Optimistic. Calhoun, Denny & Ewing say | “We bellewe the tide ts rising There is every evidence that con ditions are headed this way. The buoyancy dixplayed by general bus |iness locally and over the country bout all the reassurance one ¢ are on the eve of a great era of immigration and up-bullding. and nothing short of a miracle can stem the tide, It cannot be kept back. It now seems Mkely that | Seattle and the Sound cc INSIDE STORY. OF BIG RAGE CARELESSNESS OF SCORERS MADE VANDERBILT CUP RACE A JOKE. Exactly how tt was discovered that the scorer of the Vanderbtit race had failed to tally the nth lap for Grant, and steps tnken leading to the corree- tion of the error, has not as yet been told. although the thousands in the stands at the fintsh line clamored for the fnformation, and the story pened, as cup otey told by lean Locomotive Co.. who made the fight for the correction of the er ror, is highly interesting and throws some light on the conduct of the race Jervis’ Version. We were keeping our own score |in the pit, of course, and at the end of each lap were holding up a |blackboard for Grant to see, on which was written the number of the lap he was then completing and j the time, In minutes, that he was behind the leader. In the adjoin ling pit, oceupied by the represen |tatives of the American which did not start were Willte jand his brother, E. W. Haupt. | They were keeping an entirely tn- dependent score, and timing each fear by the watch of E. W. 1. who has done this at all the big |road races of the season, and is expert at {t. His time was Invart- ably within a few seconds of the {ficial time, and I was taking his } figures and me them In giving the signals to Grant. The fact that the official score board did }not have Grant's score advanced jas far as Kotpper's and Parker's \did not raise any immediate sus |picton in my mind, because these score boards were notoriously in leonfusion throughout the race The first {ntimation I had that rant had been overlooked on one lround was when I heard Peter Prunty, the announcer, giving the \time for Knipper’s fourteenth | and simultaneously Grant's th ‘for the thirteenth lap. I at once jealled to Prunty asking for Grant's }time on the fourteenth lap. Prunty shook hia head negatively, indicat ing that he could not give it to me. I then asked him on what lap Grant then was. He replied the lfourteenth lap. We knew that he was on the fifteenth lap. I asked Prunty to find out from the seorers on what lap Grant was, He asked teenth. I called to some of the men in the press stand and asked then on what lap Grant was run Most of them replied the nth, but one man called out hat the official geore said he was on the fourteenth while he was really on the fifteenth, With this I, of course, agreed. I then had one of the officials escort me jacross the track to Mr. Pardington Jand told him that the scorers had imissed a lap of Grant's, He went up to the stand where the scorers and timers were at work and in vestigated Time Flying. » the cars were speed ing on toward the finish. They jcompleted the sixteenth, seven teenth, then eighteenth lap, and all |the while we felt that we were un lintentionally robbed, Finally, Mr. |Pardington completed his investi | gations and came to we and said |that he was sorry lt all the offi clalagbrers had the @me tally, and that thvir figures were checked and cross-checked, and he did not see what he ec do. I then api to Mr. Vanderblit and told him that we would file a formal prote ‘ asked him what formalities were necessary and the amount of the fee required, I also mentioned the the} in detall of what hap-| Arthur Jervis; advertising manager of the Amer-/ Haupt) them and told me again the four) see one of the largest land move ments in history before another! year rolls around { We belie that city property | soon feel the same impulse that haw already begun to stir in general acreage.” A new realty office has been opened for the convenience of north-end customers at the corner | of Tist and Green Lake boulevard | by Calhoun, Denny & Ewing Maps | and plate will be available for the good of the public. 8. R. Gilmore! is in charge | Ole Hanson & done an enormous past week Such « fact, that they have arranged to enlarge their offices and to put twenty more salesmen in the field DIRECT BOAT TO IRONDALE. Irondale realty has ‘been an ex-| coedingly briak proposition for the past four days, according to Realty Manager Frank B. Poor, of the Moore Investment company, for the reason that on Wednesday the Weatern Steel corporation put on| the Hyak aa the first direct boat | from this city that Irondale has ever enjoyed. The result has been a very heavy travel to the steel city, & substantial prospective in crease in its permanent inhabitants and the moving off of large biocks of lota im the southern portion of) the elty, near the school house and public buildings business, fwet that an error of thia sort would | be as unfortunate a thing for the! reputation of the Vanderbilt Cup race as for the American Locomo- | tive Co. He was as polite and as} stient as usual “L began trying to find persons | who had kept an independent score, but, for a time without sucee a meanwhile the care kept racing past with Grant scored as being a |lap behind where he actually was. |Iomext discovered the absurd time i< 21 minutes 58 seconds accredited fof Grant's twelfth jap, on which jhe made no stop, while his tenth j lap was made in 10:66 and the thir teenth in 11:01 This manifestly | revealed where the error was and 1 called the attention of Mr. Par |dington and Mr. Vanderbilt to It and also to the independent score of B. | W. Haupt, bat they made no effort} jto investigate this. | | | Vanderbilt Appealed To. Next I asked Mr. Vanderbilt if he would authorize an announce | ment to the press stand that we claimed an extra lap for Grant and would enter a formal protest. Mr Vanderbilt refused to give consent tf he had done so an endless amount of confusion and consider able injustice would have been saved 1 called attention to our method of giving Grant signals, try ing to show how almost impossible | it would for five men to fail to count from one to fifteen, when each time a new number was put up-the old number had to be first | rubbed from the board. The twenty: | firet lap was being run and Grant | | was more than a minute in the lead | by our score but still « lap behind, aceording to the official score, | | when C. 8. Ricker, a student of Cor | nell university and an automobile enthusiast, came to our pit at the suggestion of the Chalmers-Detroit |team, and said that his score) agreed with ours. I then called} Mr. Vanderbilt and told him this Then, for the firat time, he looked | thoughtful and began to give my/ clatm some consideration. He went | and got Mr. Pardington and to gether they crossed the track and interviewed the Chalmers-Detroit) people. They had quite a con sultation that lasted until Grant was on his twenty-second lap, Still no announcement had been made, | although Mr. Pardington, seeing in| my hand a written protest with the | $10 necessary to accompany it, had alled to me saying that this for- mality would not be Thus | was given to underst least five minutes before the race fiwished that Grant would be allow: | ed. bis full score and that he was then coming around the victor, al |though no announcement of this | was made to the grand stand or \tlé press stand. Mr. Pardington tolt me afterward that be had tele. | pioned to each of the five corners |ofrthe course and had obtained hone men there their in four cases out of |flve corroborated my score. This |i really what settled it in the) | minds of the offictals, 1 understand. | |Grant and the Aleo car was in | sigint down the home stretch before Starter Wagner received his in |atructions to signal them with a | cheaked flag indioating the finish It surely was a fight to the finish for justice. BIG SALE OF CADILLAC CARS The M. 8. Brigham Motor Car company recetved 21 new 1910 | Cadillac Thirties during the month of October, and thus far in Novem ber have recetved almost an equal number, The shipments for this | whole month will far and away ex ceed those of last month, Mr Brigham says | W. A. Hardy & Co. of Aberdeen contracted with the M. 8. Brigham | Motor Car company this week for) ten Cadi with the expectation | of duplica this contract. A demonstrator was delivered to the| | Aberdeen firm this week from the new shipment of Cadillacs which came to Seattle on Monday | seores, wh Report of the Condition OF THE First National Bank Of Seattle, Washington NOV -MBER 16, 1909 RESOURCES Ennis and Giscounte soos scigescscccmns U.S. bonds and premiums ........ Other bonds, warrants and stocks . 207,213.04 Real estate, furniture and fixtures . sunwease 44,220.00 ROM Bt CHR ORES oe 5 60.0555 vie 680-0 skead fens evdccns eceuccae, LSOORIOe $2,497,134.22 102,400.00 $4,141,292.76 LIABILITIES Capital stock .... ‘ x iv rere. WORE: cus ekes osu Undivided profits ...... ies wey 49,857 .72 Circulation .... * oon 550.00 Deposits ... «++ 3,641,885 .04 150,000 .00 200,000 . 00 $4,141,292.76 DIRECTORS M. A. ARNOLD, O. D. FISHER, President Manager Gran oas' er C THOMAS BORDEAUX, anager Gran lin ¢ ast Lumber Co. President Mason County Logging Co. J. A. HALL, am tp H. McGRAW, Vice President and Cashier. McGraw, go PATRICK McCOY, MAURICE McMICKEN, Lumberman. Hughes, McMicken, Dovell & Ramsey, H. W. ROWLEY, Capitalist. Attorneys. W. D. HOFIUS D. H. MOSS, Vice President. President Hofius Steel and Equipment CONDENSED of Condition The State Bank Of Seattle Seattle, Washington, as Rendered to the State Examiner at the ness, November 16, 1909, RESOURCES Banking house, furniture and fixtures Real Case, close of busi- $ 703,415.09 10,000.00 Expenses and taxes paid 13,614.76 Interest accrued Other resources .... ‘ vax pres U.S. and other high grade bonds . . «$101,627.61 County warrants ; -» 18,814.60 Cash on hand and due from other banks..., ... .. 318,356.41— 438,798.62 $1,177,467 .24 LIABILITIES Capital stock paid in ee ee $ Surplus and undivided profits .. 100,000.00 26,041.15 Dividends unpaid 45.00 Individual deposits .. Sank deposits Savings deposits and time certificates .... 59. 408,240 1,051,381 .09 $1,177,467 .24 RATOO SARITA REE BIA Deposits, call of November 27, 1908 Deposits, call of November 16, 1909 items Ok eeieke $ 685,897.16 1,051,381 ,09 Increase in one year ero we