Indianapolis Times, Volume 37, Number 136, Indianapolis, Marion County, 7 October 1925 — Page 13
WEDNESDAY, OCT. 7, 1925
FLORIDA LURE IS UNDERMINED (Continued From Pagre 1) turns shows that there are only 11,331 millionaires in the United States. In fact there are in the country only 202,838 persons with net inKomes of SIO,OOO and over. Os these nly 51,609 have net incomes above $25,000 and 21,446 net incomes from $2.0,000 to $25,000. How many of these could buy a fashionable resort home in the winter is difficult to say. Certainly any one who can afford such a luxury must be independent of his family, because he couldn’t take his children out of school for the three months season and move them South. He must also either be retired or have his business so highly organized it can get along without him in January, February and March, the three good months of the resort season. Costs rienty In other words, unless the North switches generally to winter for its vacationing, family and business ties will cut terribly into Florida’s highpriced lot prospects. Analyzing the amount needed to live on this land, and Vou eliminate definitely all but the 73,000 persons who have net incomes of $20,000 and over. A house and lot in keeping with the resorter's habits of living would cost at least $50,000. Many would cost up to $500,000. But even taking the cheapest, there is a charge um the land of $5,000 a year for interest on the investment tied up, taxes and depreciation. Another thousand will go for moving the family and servants back and forth. The winter resorter can not abandon his establishment back home. At least $3,000 more must be added for its upkeep, overhead, servants and the like for the three ninths the owner is away. SIO,OOO for Three Months Unless a good caretaker is found for another SI,OOO the grounds of the Florida home Will be overgrown with weeds and vines and the bouse will decay as the result. This then adds another charge, bringing a total annual charge of SIO,OOO on a place that is to be used three months. Add to that the cost of food, gasoline, household expenses, entertainment, motor cars and boats, and the general household and living expenses for the rest of the year and it is difficult to see how a $20,000 or $25,000 a year man can be persuaded to buy a winter home in a fashionable section. But supposing he could, of the 73,000 prospects, you must chalk off the large, percentage which will prefer to take their vacations when most people do, in the summer, or, if they wish winter play, will go to other American resorts or to Europe. Ninth in South
One seventh of them the treasury fcreport shows, live west of the Mississippi mostly in the coast States, and might prefer California which is nearer. One ninth of them live in the South already and would certainly prefer to go North for their fun when their home towns are too hot to hold them. Os those who would take to T? t A !ST . < < )MI ‘ V>> V STATEMTE.VrS The Indiana Trust Cos. Report of the condition of the Indiana Trust Company, at Indianapolis, in the State of Indiana, at the close of busines.i Sept, 28. 1925: RESOURCES Loans and discounts $ 1,825,641.05 Ronds— Mimic'pal . . .$1,107,878.4:1 Miscellaneous. 2.082. 120. ti 1—3,180,999.01 Stocks 38,308.97 Miscellaneous bonds pledged to secure if. S. deposits. . 322.483.80 Company's building; 480,000.00 Furniture, fixtures and vaults 7,465.72 Advances to estates and trusts . 120.390.J2 Due fibm insurance department 115.854.42 TT. S. and Liberty bonds.. 901,157.68 Treasury certificates and notes 1,161,100.00 Cash hi vault, banks and trust companies 3.043.225.24 Cash items 18,679.54 Total $11,284,336.48 LIABILITIES Capital stock —paid in $ 1.000.090.00 Surplus 1.000.000.0(1 Undivided profits, net 206,230.15 Dividends unpaid ........ 25.00 Deposits— Demand $2,011,800.72 Time 4,462.846.70 Trust 543.196.47 Special 837,164.16 U. S. Government . . 381,396.80 Certified checks .... 5,084.46 . Treasurer's i Checks 81,796.87 ■Banks and trust companies .... 594.168.83—8.937.515.01 Due insurance department.. 140,566.32 Total $11,284,336.48 State of Indiana, County of Marion, ss: I. J. E Casey, vice president-treasurer of the Indiana Trust Company of Indianapolis. Indiana do solemnly swear that the above statement is true. J. E. CASHY. Vice President and Treasurer. Subscribed and sworn to before me, this sth day of October. 1925 GRACE BLANKENSHIP, (SEAL) Notarv Public. My commission expires Jan. 27. 1929. OFFICERS J. P. FRENZEL Chairman of Board. '•'RED C DICKSON. President. J. P. FRENZEI. JR. Vice President. JOHN E. CASEY. Vice President and Tri asurer. CHARLES H. ADAM. Secretary. VRTHUII CRAVEN. Assistant Treasurer. R N BRITTON Assistant Secretary. ARTHUR W. KAYE, Assistant Secretary. „ WILL COWAN. Assistant Treasurer. P. W. FEFHTMAN. Assistant Secretary. M. P BOWEN Assistant Secretary. BOYD W. TEMPLETON. Manager Real Estate ap’d Insurance Department. United Labor Bank and Trust Cos. ,’OHN L LEWIS. President H. W. BROWN Vice President WILLIAM DOBSON Vice President. MCOB FISCHER Vice President. A’>OL”H FRITZ. Vice President. FLOYD C. BELL. Secretary. Condensed statement of condition of the United Labor Bank and Trust Company at Indianapo'is. in the State of Indiana, at the dose of business S—>> 28, 1925. RESOURCES Loans and discounts $366,330.91 Overdrafts 1.20 Bonds and securities 240,433.75 | Furniture and fixtures 17 OOO,On Ca-h on hand and in banks. . . 08.504.52 Other asset* 9.709.62 Total $7lO 980.00 LIABILITIES Capita’ stock paid in 5225.000.00 Undivided profits 10.583.51 Demand deposits.s2l 8 915.16 Time certificates. 93.147.00 Savings devosUs. 158.763.08 Certified checks. 501.10 Secretary checks 715.75 Due departments 3.353.50 — 475.396.49 Total $710,980.00 St’te of Indiana. County of Marion, ss: T. F'o.vd C. B"0 secretary of the United T iber Bank and Trust Company of Indianapolis. Jnd.. so doßmn’y swear that the above statement is true • FLOYD C. BELL. Subscribed and sworn to before me this Bth day of Octc>v- r j 005 EMIL C. WOEMPNER (SE/ 1 !.) Notary Public. Sly commission expires July 22. 1926.
Florida, a great part would prefer to live in the luxurious hotels already built and now being built for them. Eliminating, then, those whom distance will keep away, whose work and family ties prevent leaving home in the winter, whose personal inclinations demand summer and not winter vacations, or who would prefer hotels to the trouble of keeping up two establishments, it is hard to see how there can be more than one prospect for every 2,000 lots designed for this variety of occupant. One to Fifteen Even admitting the SIO,OOO a year men to the realm of possibility, which is absurd on the face of it, and allowing, for argument'.! sake, that a tenth of these could leave home in the busiest season, there still would be only 20,283 real prospects, or one to every fifteen lots at Sarasota alone, or one to every thirty lots in the Miami district. Os course, there are thousands of cheaper lots without millionaire restrictions which can be purchased by individuals with smaller incomes, but they are probably as numerous in proportion to the available buyers. Hundreds of persons are now spending their winters in Florida in modest homes or working little farms. But the millionaire resorter is the bait held out for the investor along the expensive water fronts and the figures above quoted, from official Government records, indicate that the field already has bpen oversold. Nor will the increase In fortunes catch up with the present supply of lots. A later article will discuss land values in Florida and the limited chances for the man of small means to find a home or farm at a reasonable price. Glad He Picked This Good Stomach Remedy I’uts Stomach in F.’ne Condition— Ends 1 tizzy Spells, C'afarrh aiul Makes You Sleep Well. Injudicious eating causes acute indigestion, gas, acidity, heaviness aud sour stomach —sometimes the distended stomach causes that dreadful feeling of near suffocation. Isn't it, worth somethin},' so know of a remedy that will stop this distress in a few minutes—quicker thnu anything else you can think of. This is no common stomach remedy, for it took years of time to combine Pepsin with Menthol and the other effective agents that make Dare's Mentha Pepsiy so good that the worst cases of indigestion and gastritis and other chronic stomach ailments are speedily overcome and the most badly deranged stomachs are made clean, strong and healthy. Mr. Calvin Dilks of Alloway, N. J., a man of few words, knows this for, he writes: “I entirely rid myself of an old catarrhal condition of the stomach with Dare's Mentha Pepsin.” No matter what your stomach trouble is get a bottle today with the distinct understanding that if it doesn't do you the world of good your money will be returned. For sale by Haag Drug Cos., Hook's Dependable Drug Stores, Goldsmith's Cut Price Drug Stores.—Advertisement.
TRI ST COMPANY STATEMENTS Washington Bank and Trust Cos. OFFICERS. J. EDWARD MORRIS. President. MARK V. RINEHART. Vice President anu Secretary. CARL A. PLOCH. Vice President. CLIFTON N. FIELDS. Treasurer. EDWARD JOHNSON Auditor. FRANCIS W. PAYNE. Trust officer and assistant secretary. SCOTT R. BREWER, manager real estate department. Condensed statement of the condition of the Washington Rank and 'Trust Company, at Indianapolis, in the State oi Indiana, at the cose of its business on Sept. 28, 19?5. RESOURCES. Loans and discounts 51,800,207.78 Overdrafts 162.73 Real ‘state 10,244.04 Company's building, vaults and equipment, 220.78C.43 Due from departments .... 31.955 55 1 U. S. bonds and other securities 177.382.02 Cush on hand and 111 banks. . 266.69b.03 Total resources 52.507.443 88 LIABILITIES. Capital stock paid in $ 109 000.00 Net undivided profits and sur- „ Plus 70.355.04 Reserves 75.393.29 Total deposits 2.115.695.55 ! Bills payable 75,000.00 B: liking house 65,000.00 Total liabilities .$2,507,443.88 State of Indiana. County of Marion, ss: I Clifton N. Fields. Treasurer of the Washington Bank and Trust Company of Indianapolis. Indiana, do solemnly swear that the above statement is true. CLIFTON N. FIELDS. Subn-ribed and sworn to before me this sth day ol October. 1925. CONSTANCE Tl. MAY. Notary Public. My commission expires Oct. 5, 1927. City Trust Cos. DICK MlLLEß.~President. H. J. BARNARD. Vice President. D. A. MURPHY' Secretary. C. MILTON KELLY. Treasurer. Condensed statement of the condition of the City Trust Company of Indianapolis, in the State of Indiana at the close of its business on Sept. 28. 1925: RESOURCES Loans and discounts $ 924.382.66 Overdrafts 659.95 Bonds and stocks 782,850.57 Furniture and fixtures and vault, 32.427,05 Advances to estates and trusts 71.361.46 Due from departments .... 36.510.1" Cash and due from banks.. 223.757.89 Interest accrued receivable.. 15.133.9 Trust securities 147.186.81 Other assets 2.350.01 Total resources $2,236,614.60 1.1 ABILITIES Capital stock—paid in $ 150.000.00 Surplus 50.000.00 Undivided profits—net .... 73.240.92 Reserves 9.806.63 Deposts 1.806,122.18 Dividends unpaid 364.00 Trust investments 147,180 87 Total liabilities $2,236,614.60 State of Indiana. County of Marion, ss: I. Dwight A. Murphy, secretary of the City Trust Company of Indianapolis, do solemnly swear Dial the above statement is true. DWIGHT A. MURPHY. Secretary. Subscribed and sworn to before me. this sth day of October 1925. HALFORD L. JOHNSON. ( C EAL) Notary Public. Mv commission expires Jail. 31, 1926 ST ATE HANK STATEMENTS FRANK H. CARTER. President. L. E. YUNCKEK. Vice President. A. J. KRUEGER JR.. Cashier. Report of the condition of the Stale Bank of Massachusetts Avenue, at Indianapo'is. in the State of Indiana, at the cost- of its bli'ines- no Sent. 28. 1925: RESOURCES. Leans an I discounts $198,335.53 U. S. bonds 80,000.00 Other boi ds and securities. . . . 7.532.50 Furniture and fixtures 2,400.00 Due from banks and rust companies 11.696.85; Cush on hand 12.372.86 I Cash items 354.00 Total resources $312,6!T1.74 LIABILITIES. Capital stock —pi id in $ 25.000.00 Sumlus 3.500.00 Undivided profits (net) 861.58 Denial and deposits $177,167.72 Demand eertfs... 15.800.00 Savings deposits 55.497.44 248,465 16 Certified checks 175 00 U. S. war loan deposit account 34.690.00 Totai liabilities $312,691.74 State of Indiana. County of Marion, ss: I. A. J. Krueger Jr., cashier of the State rank of Massachusetts Avenue, do solemnly swear that the above statement is true. A. J. KRUHGCR. Cashier. Subscribed and 1 worn to before me, this tith day of October. 1925 ( SEAL) THOMAS A. RKSSLER Notary Public. My commission exnires April 9. 1928.
NATIONAL BANK STATEMENTS Report of Condition of the Indiana National Bank, at Indianapoiis, in the State of Indiana, at the Close of Business on September 25, 1925. ' RESOURCES Loans and discounts $16,084,191.57 Overdrafts unsecured • i ,*—* United States Government securities owned: t Deposited to secure circulation (United States bonds, par value) $1,600,000.00 All other United States Government securitles 2.560.080,52 Total $4,160,089.52 Other bonds, stocks, securities, etc Banking- houso - 643,000.00 Furniture and fixtures and safe deposit and bank vault ... . 60.000.00 Lawful reserve with Federal Reserve ,-n^oEon bank 1.1 <O.. 85.86 Items with Federal Reserve Bank in process of collection 1,415,116.6Cash in vault and amount due from na- _ tiona! banks ...... 1.880,597.86 Amount due from State banks, bankers and trust companies in the United ... States , H44.lOv.nrt Exchange for clearing house . 542.761.40 Checks on other banks in the same city ... or town as reporting bank 1 /8.00i.0i Total $4,900,953.34 Miscellaneous cash items 145.019.06 Redemption fund with United States treasurer and due from United States treasurer 80.000.00 Interest earned but not collected on notes _ and bills receivable not past due , , Other assets, if any 10n.o38.iHi Total $29,268,149.73 LIABILITIES sSpiu. *fund p ‘ id in .::::::::::::::::: „ „ $ S88:88 Undivided profits .... $1.527. 1 64.21 Reserve for unesrned discounts and conUndent liabilities 03,607.75 Total $1,821,261.98 Less current expenses, interest and taxes paid 100,745.84 \ 1.460.r>16.12 Reserve for interest and taxes accrued.. 48.H1, 7.20 Circulating notes outstanding . - §SA'S... Amount due to national banks . 1.839.843.07 Amount due to State banks, bankers and trust companies in United States and „ „. foreign countries •>.644.6311.8Certified checks outstanding 15.517.86 Cashier’s checks on own bank outstanding 4.1,0.14.30 Total of items $5,342,934.85 i Demand deposits (other than bank deposits) subject to reserve deposits payable within thirty days): . „ „ „„ Individual deposits subject to check 1_,300, 608.-8 State, county or other municipal deposits. secured by pledge of assets of this bank or surety bond .. . .' 981,680.39 Dividends unpaid 0.00 Total of demand deposits (other than ■■■ bank deposits) subject to reserve... $13,342,343.67 Time deposits subject to reserve (payable after thirty days, or subject to thirty dayß’ or more notice) and postal savings: Certificates of deposit (other than for money borrowed) 4.88-.858.45 Other time deposits Postal savings deposits 35.04J.6U Total cf time deposits subject to reserve $2,152,81*8.40 United States deposits (other than postal savings), including war loan deposit account and deposits of United __ States disbursing officers 887.630.43 Notes and bills rediscounted with Federal Reserve Bank 1.050.000.00 Total $20,260,140.73 State of Indiana. County of Marion, ss: I. Thomas H. Taylor, cashier of tlm above named bank, do soimcnl.v swear that the above statement is true to the best of my knowledge and belief. THOMAS 11. TAYLOR. Cashier. Subscribed and sworn to before me this sth day of October. 1025GEORGE C. CALVERT. Notary Public. My commission expires March 23. 19-6. Correct attest: HENRY tV. BENNETT. ARTHUR V. BROWN. HENRY EITEL. Directors
Report of Conditions of the Merchants National Bank of Indianapolis, at Indianapolis, in the State of Indiana, at the Close of Business on the 28th Day of September, 1925. RESOURCES Loans and discounts $5,575,474.19 Total loans 55.55.4.4.19 Overdrafts, unsecured 113.48 113.48 United States Government securities owned: Deposited to secure circulation (U. S. ponds, par value) 600,000.00 All other United States Government securities (including premiums, if any). 1.440.205.58 Total ... 2.040.205.68 Other bonds, stocks, securities, etc 1.896.952.72 Bunking house . . $1,000,000.00 1.000.000.00 Real estate owned other than banking house 15,500.00 Lawful reserve with Federal reserve bank 773.442.90 Items with Federal reserve bank in process of collection -82,58...93 Cash in vault and amount due from national banks 2.423.909.47 Amount due from State banks, bankers and trust companies in the United States 539.045 ,3 Exchanges for clearing house 109.7(0.36 Checks on other banks in the same city or town as reporting bank 56.a08.4l Total $3,411,866.90 Miscellaneous cash items 4.003.40 4.003.40 Redemption fund with United States treasurer and due from United States „ treasurer 30.000 00 Other assets, if any 12. (8 (.19 Total $14,760,430.38 LIABILITIES Capital stock paid in $] -260.000 00 Surplus fund _ _ 1.250.000.00 Undivided profits $( 12-058.(0 Less current expenses paid 81.9(7.18 631.681.52 Reserve for taxes. interest. etc., accrued (0,000.00 Circulating notes outstanding 600.000.00 Amount due to Federal reserve bank (deferred credits) Amount due to national banks 810.483.40 Amount due to State banks, bankers and trust companies in the United States and foreign countries 2.655.173.04 Certified checks outstanding 29.283.79 Cashier's checks outstanding 210.776 93 Total $3,567,885.39 Demand deposits (other than bank ••deposits) subject to reserve (deposits payable within thirty days): Individual deposits subject to check.... 6.770,499.60 Certificates of deposit due in less than thirty days (other than for money v borrowed) ' 3.666.57 State, county or other municipal drposits, secured by pledges of assets of this bank or surety bond 396.343.11 Dividends unpaid Total of demand deposits other than bank deposits subject to reserve 6.170.509.28 Time deposits subject to reserve (payable after thirty days, or subject to thirty days’ or more notice, and postal) savings: Certificate of deposit other than for money borrowed) 314.245.92 Postal savings deposits 26,320.25 Total of time deposits subject to re- ■ ■ serve 340.672.17 United States deposits (other than postal savings including war loan deposits) ' account and deposits of United States disbursing officers 607,288.00 United States governmental securities borrowed 312.500.00 Total $14,760,436.36 State of Indiana. County of Marion, ss: I. J. P. Frenzel Jr., viee president-cashier of the above named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. J. P. FRENZEL JR.. Vice President-Cashier. Subscribed and sworn to before me this 6th day of October, 1025. PAUL C. BUCKLER, Notary Public. My commission expires Aug. 21. 1927. Correct attest: J. P. FRENZEL. T. H. PARRY. H. M. TALBOTT. Difcctors.
STATE BANK STATEMENTS Marion County State Bank CLYDE E. ROBINSON. President. _ W. A. BARNEY. Asst. Cashier. E. W. HUGHES, Cashier. C. M. WILSON. Asst. Cashier. Report of the condition of the Marion County State Bank of Indianapolis, in the State of Indiana, at the close of its business on Sept. 28. 1925: RESOURCES Loans and discounts $ 939.437.60 Overdrafts 845.50 -United Stales Bonds 5,138.00 Other bonds and securities. . 578,013.90 Furniture and fixtures 9.735.00 Due from banks and trust companies 203,879.19 Cash on hand 35.262.1 ft Cash items 5,492.69 Due lrom depaitments 425.00 Total $1,778,829.15 Trust securities 16.875.00 Total resources $1,795,704.15 LIABILITIES Capital stock—paid in $ 50.000.00 Surplus 15.000.00 Undivided profits 10,803.05 Demand deposits ..$1,163,187.78 Demand certificates 148.727.50 Savings deposits .... 357.361.68 — 1,669.276 90 Certified checks 9.538.8.) Cashier's cheeks 6.418.05 Due 10. banks and trust companies 7.405.61 Due to departments 1.385.75 Total "$1,778,829.15 Trust investments 16.875.00 Total liabilities .$1,795,704.15 State of Indiana. County of Marlon. s: I E. W T . Hughes, cashier of the Marion Counly State Bank, do solemnly swear that the above statement is true. E. W HUGHES. Subscribed and sworn to before me. this sth day of October. 1025. C. H. DAILEY. (SEAL) Nt ai Public. My commission expires Ft\ v V 1926.
THE INDIANAPOLIS TIMES
TRUST COMPANY STATEMENTS STATEMENT OF CONDITION OF THE UNION TRUST COMPANY OF INDIANAPOLIS AT THE CLOSE OF BUSINESS SEPT. 28. 1926. OFFICERS. ARTHUR V. BROWN. President. JOHN E. REED Vice President. HARRY F. McNUTT. Treasurer. ALFRFD F. GAUDING. Secretary. CORNELIUS O. ALIG. Assistant Treasurer. ALAN A. RITCHIE. Assistant Secretary. RICHARD A. KURTZ. Assistant Secretary. J. FLOYD KING. Assistant Secretary. GEORGE A. BUSKIRK Trust Officer. MERLIN M. DUNBAR. Assistant Trust Officer and Inheritance and Income Tax Officer. CHARLES T. BLIZZARD. Auditor. RESOURCES. Loans ard discounts $ 5,253.081.72 Overdraltj 4.431.09 United Slates Bonds, certificates and notes 232.257.14 Bonds am stocks (other) . 2.219,815.71 Company’s building 138.000.00 Advances to estates and trusts 638.401.11 Due from depar'ments .. . 35,520.22 Cash and due from banks.. 1.1032>j().l 1 Trust real estate, appraised value 7.875.000.00 Trust securities 10.658.171.23 Total resources . $34,018,044.33 LIABILITIES. Capital stock —paid in ... S 600.000.00 Surplus 000,000.(1(1 Undivided profits—net .... 1.125.143.60 Demand deposits 4.027.053.69 Time deposits 1.454.829.89 Trust deposits 777.711.87 Due to banks and trust companies 720.528.76 Due departmmts ... 05.210.03 Reserve for taxes and interest 72.340.99 Premium reserve or. bonds. . 7.384.00 Secretary's cheeks 134.556.01 Certified checks 105.26 Trust investments 24.433.171.23 Total liabilities $34,018 044.33 State ot Indiana. County of Marion, ss: I. Alfred F. Gauding. Secretary of the Union Trust Company of Indianapolis, do solemnly ewe ar that the above statement is true. ALFRED F. GAUDING. Subscribed and sworn to before me. thi" sth day of October. 1936. (SEAL) D. T. ELWARD. Notary Pub’ie. My commission expires March 26, 1928.
NATIONAL BANK STATEMENTS Report of the Condition of the Fletcher American * National Bank, at Indianapolis, in the State of Indiana, at the Close of Business on Sept. 28, 1925. RESOURCES ' Loans and discounts, including rediscounts $22,211,153.06 Acceptances of other banks discounted.. 112.733.27• Customers' liability account of / acceptances of this bank purchased or discounted by it 44.000.00 Totat loans ' $22,368,386.33 Ovcrdralts unsecured -0,03-.04 Customers' liability account of acceptances executed by this bank and by other banks now outstanding 1,04-,860.70 U. S. government securities owned: U. S. bonds deposited to secure circulation 2.713,700 00 All other Un.ted States government securities, including premiums 279.536.94 Total 2.903,236.94 Other bonds, stocks, securities, etc 852.013.33 Banking house and furniture fixtures.. 1.750.000.00 Real estate owned other than banking _ house - 88,265.42 Lawful reserve with Federal Reserve bank .♦ 1,847.176.10 Items with Federal Reserve bank in process of collection 1,807.6 .47 Cash in vaults and amount due from national banks 2.614,348.30 Amount due from state banks, bankers and trust companies in United . States 1.132.986.03 Exchanges for clearing house 208,990.90 Checks on other hanks in the same city or tbwn as reporting bank 17*,-75.06 Total of items 5.941.222.81 Checks on banks outside city 292.784.05 Miscellaneous cash items 13,278.18 Redemption fund with U. S. treasurer and due from U. S. treasurer 13n.680.00 Other assets, if any 174.664.38 Total L *;*9.520.413.23 LIABILITIES Capital stock, paid in $;{. 000. 000.0(1 Surplus fund ...nor,, on 375,000.00 Undivided profits Less current expense paid 280.b70.45 248,<3J.87 Reserve for interest and taxes ac- _ „ crued. etc 63.190.42 Circulating notes outstanding 2.687.400.00 Amounts due to national banka 2.668.834.00 Amounts due to state banks. bankers anil trust companies in United States n ami foreign countries 0.112. 4^6.10 Certified cheeks outstanding 85.888.93 Cashiers checks outstanding -49,987 0Total of items 8.117.130.02 Demand deposits subject to reserve. (deposits payable w-ithin thirty days): Individual deposits subject to check.... 17.345,100.33 Certificate of deposit due in less than thirty days . 3,164.60 Stste. county or other municipal deposits. secured by pledge of assets of—this hank or surely bond 1.357.205.62 Dividends unpaid 2,801.36 Total demand deposits subject to ~■■■ ■ reserve 18. < 08."80.HI Time deposit a. subject to reserve (payable after thirty days or subject to thirty day< or more notice): Certificates of deposit 1.298.190.73 Oth-r time deposits 1.577.40J.52 Posts! savings deposits 42.04v.73 Total of time deposits subject to - ■ reserve ,ri < .ojo.Uo United States deposits (other than * postal savings) including war loan ■lepotot 'e-Count and deposits of United Stab's disbursing officers 340.244.24 United States government securities borrowed 343.800.00 Notes and bills rediscounted . 1,532.726.10 Letters of credit and travelers' checks sold for cash and outstanding 19.930.00 Acceptances executed by this bank for customers and to furnish dollar exchange 1.107.36a.5 Less jiecentaiiees of this bank purchased or discontinued 44.500 — 1.062 865.75 Liabilities other than those above stated 103.464.34 Totat $39,520,413.23 State of Indiana. County of Marion. *s: I Elmer W. Stout, president of the above named bank, do oo'emn’v swear \ that the above statement is true to the b-st of mv knowledge and belief. ELMEITW STOUT. President. Subscribed and sworn to before m" this sth dav of October 1925. (SEAL) BLANCHE OSBORNE. Notary Public. My commission expires Dec. 3. 1928. Cos: reel attest: t. M WAINWRIGHT. CHARLES B SOMMERS. WM. L. O'CONNOR. Directors.
Report of Condition of the Continental National Bank, at Indianapolis, in the State of Indiana, at the Close of Business on September 28, 1925. RESOURCES Loans and discounts. including rediscount* Saa Overdrafts, unsecured 2,(86.7W Customers' liability account of acceptanec executed by this bank 19.8n().()0 United States Government securities owned: . , ..... Deposits lo secure circulation (United States bonds, par value) $114,300.00 All other United States Government securities 236.471.40 Total 350.771.40 Other bonds, securities, etc 199.610.47 Furniture and fixtures . 40.000.00 Real estate owned, other than banking house 37,500.00 Lawful reserve with Federal Reserve bank 195.65i.06 Items with Federal Reserve bank in process of collection (not available as reserve) 246.134.94 Cash in vaults and amounts due from V national banks 416.921.25 Net amounts due from banks, bankers and trust companies in the United _ States 76.133.12 Exchanges for clearing house 33.445.25 Checks on other banks in the same city or town of reporting bank 34.082.34 Checks on banks located outside city or town of reporting banks and other cash items 8.833.92 Redemption fund with United States treasurer and due from United States treasurer 6,715.00 Revenue stamps on hand 23.65 Total ' $4,910,407.95 LIABILITIES Capital slock paid in $400,000.00 Surplus fund 100,000.00 Undivided profits $108,293.97 Less current expenses paid 35,719.48 72.574.49 Reserve for taxes accrued 3.478.25 Circulating notes outstanding 114.300.Ol) Net amount due to national banks 261.821.40 Net amounts due to banks, bankers and trust companies in United States and foreign countries 608.046.05 Certified checks outstanding 11.469.86 Cashier's cheeks on own bank outstanding 24.362.54 Demand deposits (other than bank deposits) subject to reserve (deposits payable within thirty days) Individual deposits subject to check.... 1.838,911.12 Certificates of deposit due in less than thirty days (other than for mcney borrowed) 002.062.75 State, county or municipal deposits, secured by surety bond ' • 304.769.48 Dividends unpaid 183.50 Time deposits subject to reserve (payable after thirty days or subject to thirty days' or more notice, and postal savings): Other time deposits 271,950.8!) Postal savings deposits 8.010.72 United States government securities borrowed 34.200.00 Bills payable with Federal Reserve bank. 101,000.00 Notes and bills rediscounted with Federal Reserve bank 102,500.00 Acceptances executed by this bank lor customers 10.856.00 Total $4,919,407.05 State of Indiana. County of Marion, ss: I. W. H Polk, cashier of the above named -bank, do solemnly swear that the above statement is true, to the best of my knowledge and belief. W. H. POLK Cashier. Subscribed and sworn to before me. this sth day of October. 1025. PAUL C. BUCKLER. Notary Public. ' My commission expires Aug. 21. 1927. Cortect attest: H. C. THORNTON. J. W. HOLTZMAN, O. J. SMITH. * Directors.
TRI ST COMPANY STATEMENTS Bankers Trust Cos. Pennsylvania and Ohio Sts. OFFICERS. HOWARD C. BINKLEY lYesident. EUGENE W. SHORT. Vice President. T S. ''•[••MURRAY 'll Vice 1 resident. HENRY C. THORNTON. Vice President** J. E. REAGAN Vice President. KLM.KR W. ROGERS. Secioturay Treasurer. HIGHLAND JON US. Assistant Secretary Treasurer. L. L. GREEN, Assistant Secretary Treasurer. Condensed statement of the condition of Bankers Trust Comn.iny at Indianapolis, in ihir Stale of Indiana, at the close ol its husin-ss on Sent. 28. 1923: RESOURCES. Loans $2,304,646.88 IJ. S. and other bonds 714.879.5)) Cash and in banks BJ 0.394.19 Company's building 130,811.27 Furniture, fixtures and vault 57.392.13 Other assets 61.000.90 M Total banking resources. . $3,501,024.93 Trust securities 354.297.32 Total resources $3,945,322.25 LIABILITIES. Capital $ 250.000.00 Surplus 75.000.00 Undivided profits 70.052.13 Dene sits: Demand . .$2,053,764.13 Savii gs .. 959.701.02 "rust ... 39.197 12 Sneeial . 21.995.72 Treasurer s and certified checks . . 06.403.95 3.141.002.54 Due departments 52.7.37.31 Other .iabilities a. . . . 2.172.95 Total banking liabilities. . .$3,591,024.93 Trust investments 354.297.32 Total liabilities . . $3,945,322.25 Slate of Indiana. County of M iriou. ss: I. Elmer W. Rogers, of the Bankers Trust Company of Imlianaj clie. do solemn y swear that the above statement is true ELMER W. ROGERS. Subscribed and "worn to before me. this sth day of October. 1925. FLORENCE FOX. (SEAL) Notsrv Public. My commission expires June 30. 1027.
TKI'ST COMPANY STATEMENTS Aetna Trust and Savings Cos. E. S. GOODRICH. Chairman of the Board. ROSS H WALLACE. President LEO M. RAPPAPORT. Vice I'resident. J. S. GRIGGS. Secretary, O. R. OLSEN. Treasurer. LOUIS S. HENSLEY. Assistant Secretry. Condensed statement of the condition of the Aetna Trust and Savings Company at Indianapolis, in the State of Indiana. at the close of its business on Sept. 28. 1925. „ RESOURCES Mortgage loans $ 589.248,97 Collateral and other loans. 643.738.81 United States bonds fid JI7.J 30 Municipal and other bonds. 495.201.05 Building leasehold 50.000 00 Furniture and fixtures 26.201.70 Other investments 427 (14 Advances to trusts ......... 11 535130 Due from departments 6 345 32 Cash due frorti banks 421.fit12.07 Trust Total resources $2,632,358.70 LIABILITIES Capital stock—paid in .... $ 250.000.00 Snimluß t 35.000.00 Undivided profits—net 12,875.87 Reserve for interest and taxes 22.560.25 Demand deposits 901,334.64 Certificates of deposit 90 017 15 Time deposits 764.886.20 Trust deposits 80,829.47 Due to banks and trust companies 134,531.50 Due departments 5.660.94 Secretary's checks 3.108.01 Certified checks 1 285 50 Dividend checks 191.13 Trust investments 317,823.04 Premium reserve on bonds . . 265.00 Total liabilities $2,632,358.70 State of Indiana. County of Marion sf I. J S. Grisrg". secretary of the Aetna Trust and Savings Company of Indiananolis. Tnd . do solemnly swear that the above statement is true. •T. S GRIGGS. Secretary. Subs -ribed and sworn o before me this sth day of October 1925. ANNA J NEGLEY'. I SEAL) Notary Public Mv commission expires Jun# 14. 1926.
Report of the Condition of the Farmers Trust Company 150 East Market Street At the Close of Business September 28th, 1925. RESOURCES Loans • • $ 1,338,133.49 United States Government Bonds 17,171,52 Other Bonds .. • • 105,000.00 Due from Departments 19,927.78 Company’s Building • 152,100.00 Cash and Due from Banks 321,876.51 TOTAL $ 1,954,209.30 Trust Securities •$ 361,500.00 Trusts—Real Estate • 358,000.00 Mortgage Loans for Eastern Clients 39,000,000.00 TOTAL .......$41,673,209.30 LIABILITIES Capital $ 300,000.00 Surplus 50,000.00 Undivided Profits 168,021.51 Dividends Unpaid 12,000.00 Deposits • 1,424,187.79 TOTAL $ 1,954,209.30 t Trust Investments • $ 719,000.00 Mortgage Investments for Eastern Clients... 39,000,000.00 TOTAL • $41,673,209.30 OFFICERS Clinrles X. Williams, President. Charles IS. Kellogg. Secretary. Kdtvln H. Forry, Vice President W illltiniK. Stuart, Trust Officer. . and Trust Officer. Mux J. Voting, Assistant Secretary. Klley K. Smith, Vice President and K. L. Sturdevant, Assistant SecroTreasurer. lary, DIRECTORS Charles G. Coffin Prank M. Millikan Thomas X. Wynne James S. Cruse James W. X'oel J*llfy . ... , „ „ „ William K. Stuart Edwin H. lorry Norman A. Perry a. Whitcomb Charles K. Kellogg Alvali J. Rucker Cliar'e* X, Williams
TRI ST COMPAN Y STATEMENTS JAMES M'NULTY, President. JAMES U. FLAHERTY, Vice Pres, and Treas. J. ALBERT SMITH. Viee Pres, and Trust Officer. TIMOTHY P. SEXTON Secretary. THOMAS X. LAN AH AN, Asst. See. JOSEPH E. LAULER, Asst. Sec. ALBERT E. LAMB. Auditor. Condensed statement of the condition of the Fidelity Trust Company, at Indianapolis in the State of Indiana, at the close ol its business on Sept. 28th. 1925. RESOURCES Loans and discounts $ 966,720.29 Overdrafts 111.19 United States bonds 177.750.(il Bonds and storks (other)... 673,0.>7.6(1 Furniture and fixtures 100.00 Advances to (Stales and trusts 13,746.35 Cash on hand and in banks. 331.000 02 Trust securities 03.091.40 Total resources $2,226,246.40 LIABILITIES _ „„ Capital stock—paid in.... 100.000.00 Surplus 20.000.00 Undivided profits io,IHK).OO Reserve for interests and taxes 14,723.18 Dividends unpaid 00.00 Demand deposits 804.711.38 Certificates oi deposit . Savings deposits 7(4.108.42 Trust deposits 19,284.00 Special deposits 509..>3 Due departments.... Treasurer's cheeks 10.81<.08 Certified cheeks SfK’H TrUFt investment* 6,),()91.4d Beserve for bond depreciation 10.000.00 Total liabilities $2,220,246.46 State of Indiana. County of Marion, ss: I. Timothy P. Sexton. Secretary of the Fidelity Trust Company, of Indianapolis, do solemnly swear that the above statement is true. TIMOTHY p SE xtON. Subscribed and sworn to before me. this sth day of October 1020. (SEAL MARGARET FULLGRAFF, Notary Public. My commission expires Aug. 18, 1929 STATE BANK STATEMENTS WILLIAM DAWSON. President. WILLIAM B. SCIIILTGES. Vice PresidelFßED J. WHICKER. Cashier. „ HAZEL A. NEWBY. Assistant Cashier. Report of the condition of the Broad Ripple State Bank, at Indianapolis, in the State of Indiana, at the close of its business on Sept. Loans and discounts $37:..617. Vs Overdrafts "8.. .4(1 Ollier bonds and securities. . . 3-.n70 8Furniture and fixtures 1.845.00 Other real estate 3.691.44 Due from banks and trust companics 28,126.54 Cash on hand 7,155.51 Cash items Other assets 19 00 Total resources $446,645.04 LIABILITIES. Capital stock—paid in $ 25.000.00 Surplus 9.000.00 Undivided profits, net 4,1(2.44 Dt maud dep05it5.5201.482.74 Demand certificates .... 10.750.30 Savings deposits 129.588.10 Certified checks. 300.00 Cashier's checks 342.07 408,473.20 Total liabilities $140,045.04 State of Midiana. County of Marion, ss: I. Fred J. Whicker, cashier of the Broad Riop'e State Bank, do so'emnl.) swear that the above statement t true. FRED J. WHICKER. Subscribed and "Worn lo l-efore me. this sth day of October 1925. (SEAL) FRANK E. WATTS. Notary Public. Mv commission expires May 14. 1920. HUGH McLANDON. President. CHAS W. SCOTT Vice Pits dent. CLINTON K. MITCHELL. Cashier. BERNARD K. THOMPSON. Asst Cashier. Report of the condition of the Sixteenth Street State Bank at Indianapolis, In the State of Indiana, at the dos of its business on Sept. 28, 1925: RESOURCES Loan and discounts $401,074.25 Overdrafts 30 32 Interest accrued 10.083.98 Furniture and fixtures 5,818.15 Due from banns and trust Co's. 28.327.80 Cash on hand 11.267.20 Cat!' items 28 11205 Total resources $485,208.74 LIABILITIES Capital stock—pa'd in $ 25.000.00 Undivided profits—net 0.899.40 Demand deposits $286,019.14 Demand certificates ... 5.817.41 ■Pirn- certificates 23.048.39 Savings deposits $132.072.23 447.557.17 U nified checks 31.08 Cashier's cheeks 1.319.94 Reservp for interest 1,307.3 b Reserve for taxes 92.83 Total liabilities $185,208.74 State of Ind'ana, County of Marlon, ss: I. Clinton F. Mltehe’l. cashier of the Sixteenth Street Btato Bank, do solemnly swear that the above statement is tree. CLINTON F. MITCHELL. Subscribed and sworn to before me. this 3th day of October 1925 (SEAL) EDWARD C. MoKINNEY. Notary Pub ic. Mv commission expires Sept. 27, 1928. EVANS W'JCLLEN President. GARVIN M. BROWN. Vice President. FOWARD W. KOENIG. Oashi. r. ELLISON GATEWOOD. Assistant Cashier Report of the condition of the Hooseve|t Avenue State Bank in the State of Indiana, at the close of its business on Sent 28. 1925. RESOURCES. Loans and discounts . . . . . .$256,190.30 Overdrafts 3.99 Furniture and fixtures 5,292.84 Due from banks and trust <■' mpanies 29.050.84 sash on hand 8 '*38.40 Cash items 0.800.13 Accrued interest 0,080.03 Totai resources 5312,81)2.53 LIABILITIES. Capital stock —paid in $ 25.000.00 Undivided profits—net 3.100.14 Demand dep05it*.5133.207.91 Demand certificates 1,000.00 Time certificates 14.175.00 Savings denoits 133.859.83 282.30" 78 Cashier's cheeks 457 08 Reserve for taxes mom on Reserve for interest 1.634.53 Total liabilities $312.81)2.53 State of Indiana. Countv of Marion kh I. Edward W. Koeni”- cashier of ill* Roosevelt Avemm Stale Bank, do soVmn'v swear that the above statonv nt is true, o J , E - w KOENIG. Subscribed and "wore to liefore me. this oth day of October. 1925. edward c. McKinney. (SEAL) Notary Public. My commission expires Sipt. 27. 1928.
The State Savings and Trust Cos. OFFICERS. WILLIAM B. PAUL. President. ROY SAHM. Vice President. MRS. GRACB ADAMS WOOD, Vice President. JAMES A. HOUCK. Treasurer. WALLACE WEATHERHOLT. Secretary. KATHRYN HOLLAND. Assistant Secretary. DIRECTORS. ROBERT J. ALEY. EDGAR AS' BY. PLINY li. WOLE A HI). JACOB T. M _nKR JOHN C. RUCKELSIIAUS. ROY SAHM. WILLIAM A. PICKENS, WILLIAM B. PAUL. JAMES A. HOUCK. ARTHUR K. BRADSHAW. LOUIS N. JOSEPH. Condensed statement of the condition of the State Savings and Trust Company of Indianapolis, in the state of Indiana, at the close of its business on Sept. 28. 1926: RESOURCES. Loans and discounls 5 458,522.53 Real estate mortgage loans. 2.007.770.01 United states bonds 2,324.31 Company's building 150,(Kin.(Ml furniture rnd fixtures 38,491.22 Vault and safety deposit „ 17.010.82 Due from departments .... 37.000.78 Due from banks and cash .. 287^)88.81 Trust securities 281r206.50 Total resource* $3,288,701.98 „ LIABILITIES. Capital stock—paid in $ 750.000.00 Sui-Dius 155,000.0(1 Undivided profits—net 18,288.23 Demand deposits ..$1,003,061.21 Savings deposits . . 877.220.39 Due to banks and rtuat companies . 7,172.19 Due deport- „ merits .... 10.120.73 j reasurer’s and certified checks .. 12,546.73 1,970.120.25 Bids payable 1 (Id.00(1.0(1 Trust investments 280,290.60 Total liabilities $3,288,704.98 State of Indiana. County of Marion s*: ... L Wallace VVeatherholt. secretary ol the B'ate Savings and Trust Company of Indianapolis. do solemnly swear that the above statement is true. WALLACE WEATHERHOLT Subscribed aim sworn lo be tore me, this sth day of October. 1925. (SEAL) IRENE S. BCHATZ. ■u . . Notary Public. My commission expires Oct. 8. 1927. STATE BAN K ST AT EM EN TS A. E. METZGER. President. U'K WBI giw L c E f v we President. Vi. >LKhR, Cashier. EARL J. STAUDACHER. Asst. Cashier. Report of the condition of the East Washing on State Bank at Indianapolis, in the Stale of Indiana, nl the close oi its business on September 28, 1025 , RESOURCES Loans and discounts $245,238.74 Overdraiis 19 08 Furniture and fixtures 0.008.90 Cash on hand and m bank. .. . 10..>43 72 Cash items 7.011.30 ether assets nit. accrued Oil loans (1.681.41 Total Resources .'...5275.503 84 „ , LIABILITIES tain'al stock—paid in $ 25 000.00 Undivided profits—net 1.781.19 Denu'id deposits. .$147.902.45 Demand certnieaies 5 250.00 Time certificates. 11.:;. >0 00 Savings depo-dts. . 81.993.88 240,456.28 Certified cheeks 07.50 Cashiers eheens 1,238 87 R serve for interest and taxes 900.(Ml Total Liabilities $275,503.84 State of Indiana. County of Marion, ss: I, l.ee Welker. Cashier of the East Washington B)ate Bank, do solemnly swear that the above statement is true. LEE WELKER. Subscribed and sworn to iHdoru mu this sth day ol October. 1025. (SEAL) EDWARD 0 M KINNEY. Notary Public. My commission expires September 27, 1928. J. J. KISER, President. F. 8. MEYER, Viee President. F. A. MEYER. Vuti President. M. S. COLIN. Viee President. L. E. OSTHEIMER. Cashier. , Report of the condition of the Guardian State Bank at Indianapolis, in the Stale of Indiana. at (he elose of its business on Sept. 28. 1925. RESOURCES Loans and discounts $146,083.30 U. S. bonds 26.707.55 Furniture anil fixtures 3.231.33 Due lrom bunks and trust companies 8,958.20 Ca.-h on hand 10.478.44 Cush, short 9(1.13 Total resources $195,549.04 LIABILITIES Cn pit a 1 stock—paid in $ 25.000.00 Undivided profits , 5.653.02 Demand deposits .$70,839.21 Demand certifleates 4.800.00 Savings deposits. . 07.303.79 —$137,033.00 Certified cheeks 825.00 Cashiers cheeks 2,038.02 Due to banks and trust eomlianies 25.000.00 Total liabi itlcs $195,640.04 State ot Indiana. County of Marion, ss: I hoots E. Ostheimer. cashier of the Guardian State Bank do solemnly swear that the above statement is true. LOUIS E. 08TTHEIMER. Subscribed and sworn to before me. this oth day of October, 1925. (SEAL) HAZEL ELLIOTT. * Notary Public. M. eommisi(>n expire" Aug 4. 1927, DICK MILLER, president - C. MILTON KELLY, Viee President. A. C. BROCK. Cashier. S. M. BROCK. Asst Cashier. Report of the condition ol the Postal Station State Bank at Indianapolis, in the State of Indiana, at the elose of its business on September, 28. 1925. RESOURCES Loans and Discounts $183,811.27 Overdrafts myd Other bonds and securities. . . 45,059.73 Furniture and fixtures 6,735 00 Due from banks and trust cos. 18,430 20 Cash on hand 8 035 09 Cash items 621 83 Accrued interest 348.54 Total resource* $262,099 5H „ . LIABILITIES Capitol stnkk—paid in $ 25,000 00 Surplus , 'k. 6.000.00 Undivided profits—net 4 370 43 Total deposits 2261729.1 ft Total liabilities w. $262 009 '.S Slate nt in dt an a. County of Marion, aa: u( I ;, A C .Brock, cashier of the Postal Station Rate Bank, do solemnly swi ar that the above statement is true A. C. BROCK. Cashier. Ihi. before me. Inis nth day of October 1926 ’Seal! JOHN M KEEPERS. Notarv Public My comminfion exoinea. Aug. 19, 1920
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