Indianapolis Times, Volume 39, Number 270, Indianapolis, Marion County, 8 March 1928 — Page 14

PAGE 14

" 1 merits of Banks and Trust' CompcOTlesi^^^^^ of the Indianapolis Clearinglriouse Jf^sotiatwn

Affiliated Bank South Side State Bank JOHN liAUCK, President. WM. HART, Vice-rresidcnt. L. A. WILES, Cashier. E. L. KUHN, Assistant Cashier Report of the condition of South Side State Bank at Indianapolis, at the close of its business on February 28, 1928. RESOURCES Loans and discounts $1,160,100.87 Overdrafts 397.90 U. S. Government securities 20,076.73 Other bonds, securities, etc. 8,630.00 Banking house 27,000.00 Furniture and fixtures 14,436.14 Other real estate owned... 2,847.46 Due from trust companies, banks and bankers and cash on hand 372,068.07 Other assets not included in the above 31,880.00 Accrued Interest 12,234.38 Total $1,660,676.60 LIABILITIES Capital Stock—Paid in ....$ 50,000.00 Surplus 25,000.00 Undivided profits—net 23,233.66 Demand deposits $ 440,192.41 Demand eertifiates 12,290.00 Savings deposits 1,063,814.58 Certified checks. 2,080.23 1,518,377.22 Other liabilities 31,993.06 Reserve for interest 12,072.66 Total $1,600,676.60 State Os Indiana, County of Marion, ss: I, L. A. Wiles, cashier of the South Side State Bank of Indianapolis, do solemnly swear that the above statement is true. L. A. WILES, Cashier. Subscribed and sworn to before me Udg 6th day of March, 1928. GEORGE C. CALVERT. ISEAL] Notary Public. My commission expires March 23, 1930. TAX INCREASE DENIED The Supreme Court Wednesday upheld the Shelby Circuit Court in holding illegal a State tax board order of 1925 raising taxation valuation of Shelby County real estate 5 per cent. The high court affirmed a permanent, injunction granted Erastus W. McDaniel prohibiting the tax board and county officials from collecting the valuation increase.

COL .OWN LIFEST^^S^^

CHAPTER XXII “T was at that time only 1,500 feet A high, and as the engine did not pick up as soon as I expected I shoved the flashlight in my belt and was about to release the parachute flare and jump when the engine finally took hold again. “A second trial showed the main tank to be dry, and accordingly a maximum of twenty minutes’ flying time left. ‘‘There were no openings in the fog and I decided to leave the ship as soon as the reserve tank was exhausted. I tried to get the mail pit open with the idea of throwing out the mail sacks and then jumping, but was unable to open the front buckle. “I knew that the risk of fire with no gasoline in the tanks was very silght and began to climb for altitude when I saw a light on the ground for several seconds. “This was the first light I had seen for nearly two hours, and as almost enough gasoline for fifteen minutes’ flyinug remained in the reserve, I glided down to 1,200 feet and pulled out the flare release cable as nearly as I could judge over the spot where the light had appeared. “This time the flare functioned but only to illuminate the top of a solid bank of fog, into which it soon disappeared without showing any trace of the ground. “Seven minutes’ gasoline remained in the gravity tank. Seeing the glow of a town through the fog I turned towards open country and nosed the plane up. At 5,000 feet the engine sputtered and died. “I stepped up on the cowling and out over the right side of the cockpit, pulling the rip cord after about a 100-foot fall. “The parachute, an Irving seat service type, functioned perfectly; I was falling head donwward when the risers jerked me into an upright position and the chute opened. “This time I saved the rip cord I pulled the flashlight from my belt and was playing it downward toward the top of the fog when I heard the plane's engine pick up. “When I jumped it had practically stopped dead and I had neglected to cut the switches. Apparently when the ship nosed down an additional supply of gasoline drained to the carburetor. “Soon she came into sight, about a quarter of a mile away and headed in the general direction of my parachute. “I put the flashlight in a pocket of my flying suit preparatory to slipping the parachute out of the way if necessary. “The plane was making a left spiral of about a mile diameter and passed approximately 300 yards away from my chute, leaving me on the outside of the circle. I was undecided as to whether the plane or I was descending the more rapidly and glided my chute away from the spiral path of the ship as rapidly as I could. “The ship passed completely out of sight, but reappeared in a few seconds, its rate, of descent being about the same as that of the parachute. "I counted the five spirals, each one a little farther way than the last, before reaching the top of the fog bank. “When I settled into the fog I

The Indiana Trust Cos. Report of the condition of the Indiana Trust Company at Indianapolis, in the State of Indiana, at the close of business Feb. 28. 1928. RESOURCES Loans and discounts $ 3,159,781 64 Bonds — Municipal $1,580,007.94 Miscellaneous .... 1,953,476.14 3,533,484.08 Stocks 146,016.97 Miscellaneous bonds pledged to secure U. 8. deposits.... 219,565.23 Company's building 485,050.00 Furniture, fixtures and vaults 12,755.18 Advances to estates and trusts 3 1 7.469.49 Due from insurance department 97,118.98 U. S. and Liberty Bonds 1,151.393.88 Treasury certificates & notes 1,393,330.21 Cash In vault, banks and trust companies 4,342,106.05 Total $14,858,071.73 LIABILITIES. capital stock paid in $ 1.000.000.00 Surplus 1,000,000.00 Undivided profits, net........ 348.834.78 Dividends unpaid 1,835.00 Deposits— Demand $2,942,160.74 Time 6.035,611.91 Trust 334,069.20 Special 2,368,928.07 U. S. government 28,990.00 Certified checks. 5,837.14 Treasurer’s checks 242,300.56 Banks and trust companies ... 549,196.86 12,407,094.48 Due insurance department.... 100.317.47 Total $14,858,071.73 State of Indiana, County of Marlon, ss: I, Arthur Craven, treasurer of the Indiana Trust Company of Indianapolis, Ind., do solemnly swear that the above statement is true. ARTHUR CRAVEN. Subscribed and sworn to before me this 6th day of March, 1928. GEORGE C. CALVERT. My commission expires March 23, 1930. OFFICERS. J. P. FRENZEL. Chairman of Board. FRED C. DICKSON, Frcsldent. J. P. FRENZEL, JR., Vice President. CHARLEB H. ADAM, Secretary. ARTHUR CRAVEN, Treasurer. R. N. BRITTON, Assistant Secretary. ARTHUR W. KAYE, Assistant Secretary. WILL COWAN. Assistant Treasurer. M. P. BOWEN, Assistant Secretary. BOYD W. TEMPLETON. Manager Real Estate and Insurance Department.

knew that the ground was within 1,000 feet and reached for the flashlight, but found it to be missing. “I could see neither earth nor stars and had no idea what kind of territory was below. I crossed my legs to keep from straddling a branch or wire, guarded my face with my hands and waited. “Presently I saw the outline of the ground and a moment later was down in a cornfield. “The corn was over my head and the chute was lying on top of the corn stalks. I hurriedly packed it and started down, a corn row. “The ground visibility was about 100 yards. In a few minutes I came to a stubble field and some wagen tracks which I followed to a farmyard a quarter mile away. “After reaching the farmyard I noticed auto headlights playing over the roadside. Thinking that someone might have located the wreck of the plane, I walked over to the car. “The occupants asked whether I had heard an airplane crash and it required some time to explain to them that I had been piloting the plane and yet was searching for it myself. “I had to display the parachute, as evidence before they were thoroughly convinced. The farmer was sure, as were most others in a three-mile radius, that the ship has just missed his house and crashed near by. “In fact, he could locate within a few rods the spot where he hear' it hit the ground, and we spent an unsuccessful quarter houf' hunting for the wreck in that vicinity before going to the farmhouse to arrange for a searching party and telephone St. Louis and Chicago. “I had just put in the long distance calls when the phone rang and we were notified that the plane had been found in a cornfield over two miles away. “It took several minutes to reach the site of the crash, due to the necessity of slow driving through the fog, and a small crowd had already assembled when we arrived. “The plane was wound up in a ball-shaped mass. It had narrowly missed one farmhouse and had hoked its left wing in a grain shock a quarter mile beyond. “The ship had landed on the left wing and wheel and skidded along the ground for eighty yards, going through one fence before coming to rest in the edge of a cornfield about 100 yards short of a barn. “The mail pit was laid open and one sack of mail was on the ground. The mail, however, was uninjured. “The sheriff from Ottawa arrived, and we took the mail to the Ottawa postoffice to be entrained at 3:39 a. m. for Chicago.” (Copyright. 1928. by Col. Charles A. Lindbergh I (To Be Continued) IKE WALTONS MEET Indiana, Michigan, Ohio Members Gather in Toledo. Representatives of the Izaak Walton League of Indiana,, Michigan and Ohio will meet at Toledo, Ohio, today for a get-together meeting. Charles L. Biederwolf, Indiana Supreme Court clerk, president of the Indiana chapter of the league and acknowledged to have the largest fund of “fish stories” in the organization will be a speaker.

The Union Trust Cos. STATEMENT OF CONDITION OF THE UNION TRUST COMPANY OF INDIANAPOLIS AT CLOSE OF BUSINESS. FEBRUARY 28, 1926. OFFICERS. ARTHUR V. BROWN, President. JOHN E. REED. Vice President. MERLIN M. DUNBAR, Vice President and Tax Officer. HARRY F. McNCTT. Treasurer. ALFRED F. GAUDING, Secretary. CORNELIUS O. ALIG, Assistant Treasurer. ALAN A. RITCHIE. Assistant Secretary. J. FLOYD KING. Assistant Treasurer. RICHARD A. KURTZ, Assistant Secretary. EVERETT E. LETT. Assistant Secretary. GEORGE A. BUSKIRK, Trust Officer. CHARLES N. FULTZ. Assistant Trust Officer. CHARLES T. BLIZZARD, Auditor. RESOURCES. Loans and discounts $ 5.332.502.42 Overdrafts 1.491.71 Advances to estates and trusts 933.320.76 U. S. Government securities.. 967,446 96 Other bonds, securities, etc.. 2.733.699.64 Banking house 138.000.00 Due from departments 44,826.91 Due from trust companies. banks and cash on hand... 2,989.278.10 Stocks and bonds, safekeeping 315,163.62 Letters of credit, customers’ liability 127,272.18 Trust real estate, appraised value - 8,192,300.00 Trust securities, appraised value 22.652,514.83 Mortgage notes securing mortgage certificates 2.840,000.00 Total $47,387,717.13 LIABILITIES. Capital stock—paid in $ 600.000.00 Surplus 600.000 00 Undivided profits—net 1.443,989.01 Demand deposits $5,997,881.82 Time certificates .. 1.638.165.35 Savings deposits 639,600.38 Trust deposits 1,431,924.74 Certified checks 15,207.17 Due to banks and trust companies 446,441.64 Secretary's checks 191,164.71 10.360.385.52 Reserve for taxes and interest 50,648 98 Premium reserve on bonds... 4.509.00 Due departments 80.935.99 First mortgage certificates outstanding 2.840,000.00 Letters of credit and customers’ securities 442.435.30 Trust Investments 30,844.814.83 Total $47,267,717.13 State of Indiana. County of Marion, ss: I. Alfred F. Gauding, secretary of the Union Trust Company of Indianapolis do solemnly swear that the abote statement Is true. ALFRED F. GAUDING. Subscribed and sworn to before me this 6th day of March. 1928. GEORGE C. CALVERT. (SEALi Notary Public. My commission expires March 23, 1930. MELONS ON MARKET ‘Honeydews’ Cost $1.25 Each: King Oranges High. Honeydew melons appeared at city market this morning at $1.25 apiece. King oranges, that combination of orange and tangerine, belong in the same class since they were still priced at 90 cents a dozen Asparagus was practically the same in price as on last market day. small bunches at 40 and large at 90 cents. Lima beans are 90 cents a pound and endive has rather suddenly shot up to the amazing sum of 80 cents a pound. The best tomatoes were 35 cents a pound. Another rarity was the southern radish which sold at about 25 radishes for 10 cents. Leaving the fruits and vegetables there were to be had fine Edam cheeses at $2, pineapple cheeses at 75 cents, a dollar and $1.25. Spiced ham sold at 80 cents a pound whole and $1 sliced. Eggs were 30 cents a dozen. HICKMANS FIRST CELL SHUNNED IN OREGON Prisoners Fear Jail Quarters Which Once Held “The Fox.” Bit United Press PENDLETON. Ore., March’B. Months ago when two eastern Oregon peace officers captured William Edward Hickman, killer of Marion Parker of Los Angeles, little did they dream that the efficiency of Pendleton's jail would be impaired. But such is the case. No prisoner wishes to occupy the same cell -in which Hickman was confined. Once in a while some Indian brave, who has imbibed too freely of white man’s fire water, will stick his head in just to prove he has no fear. But the head is jerked out within a fraction of a second while other Indians gaze at the “hero” in admiration. NEGRESS ‘RUNS WILD’ Hurls Mustard Jars in Restaurant Dispute. “Too Much Mustard” became something besides an old song at the restaurant of Louis Lieber, 561 Indiana Ave., Wednesday night. It all happened because Lulu Thornton, 25, Negro, found fault with her sandwich. She argued with the proprietor and claims he went to “get a gun.” Taking advantage of his absence, Lulu hurled a barrage of mustard jars at the proprietor’s wife, Mrs. Fannie Lieber. When the mustard amunition ran short, Lulu used a milk bottle and finally a brick, it was said. Mrs. Lieber was treated at city hospital and Lulu went to city prison where she faces charges of drunkenness and assault and battery.

THE INDIANAPOLIS TIMES

Fletcher Savings and Trust Company OFFICERS. EVANS WOOLLEN. President. HUGH McK. LANDON, Vice President and Chairman of Executive Committee. ALBERT E. METZGER. Vice President. VINSON CARTER, Vice President and Counsel. DONALD S. MORRIS, Vice President and Trust Officer. WILLIAM B. SCHILTGES, Vice President. H. FOSTER CLIPPINGER. Vice President. L. ALBERT BUENNAOEL. Secretary. REX P. YOUNG, Assistant Secretary. EDWARD C. McKINNEY, Assistant Secretary. LELAND CRAWFORD. Treasurer. ALBERT S. JOHNSON. Assistant Treasurer. CIiAIR McOONNKLL, Assistant Treasurer. GEORGE A. MILLER. Assistant Treasurer. SYLVESTER O. KABBERG. Cashier. EDWARD G. FREIHAOE. Assistant Cashier. HARRY L. WEBER. Assistant Cashier. FRANCIS A. OHLEYIfR. Assistant Trust Officer. BURKE NICHOLAS. Assistant Trust Officer. ORPHA M. RUNOE. Chief Accountant. WALTER S. QREENOUGH, Assistant to President. EVANS WOOLLEN. JR, Assistant to President. Report of the condition of Fletcher Savings and Trust Company, at Indianapolis, in the State of Indiana, at the close of Its business on February 28, 1028. RESOURCES Loans and discounts $ 9,210,320.89 Overdrafts 288.34 Advance to estates and trusts 523,183.22 United States government securities 3.383,498.05 Stock in Federal Reserve Bank 90,000.00 Other bonds, securities, etc... 6,649.608.43 Banking houses 758.410 28 Furniture and fixtures 78,302.91 Other real estate owned 21.108.50 Due from departments 737,320.49 Due from trust companies, banks and bankers and cash-on hand 3.244,357.12 Mortgage certificates guaranteed 427,400.00 Other assets not included in the above 38.501.g0 Accrued Interest receivable... 281.541.86 Tota l $25,443,343.69 LIABILITIES. Capital stock—paid in $ 1,500,000 00 S,lr rius 1,300,000.C0 Undivided profits—net 183,254.78 Demand deposits $6,338,848.77 Demand certificates 1,082,280.13 Time certificates 2.201,796.35 Savings d-posits 8.029,212.01 Trust depostts.. 141,833 77 Special deposits 420,300 00 Certified checks. 50,132.24 Due to banks and trust companies 2,752,686.48 Cashier's-treasurers' checks 169.879.83 - 21,206.969.56 First mortgage certificates outstanding guaranteed 4:7,400.00 Other liabilities 269.448.19 Reserves 256,771.16 Total $25,443,843.69 State cf Indiana. County of Marlon, ss: I, Lcland Crawford, treasurer of the Fletcher .Savings and Trust Company, of Indianapolis, do solemnly swear that the above statement is true. L. CRAWFORD. Subscribed and sworn to before me this 6th day of March. 1928. GEORGE C. CALVERT. (SEAL) Nof.ary Public. My commission expires March 23. 1930. Security Trust Cos. r.KH.Y C. ADAMS, President. IRVING IV. LEMAUX, Vice-Presi-dent. GEORGE W. SNYDER, Secretary. I. WATT PUGH, Treasurer. WILLIAM C. KASSEBAI'M. Trust Officer. Condensed statement of the condition of the Security Trust Company, at Indianapolis, in the State of Indiana, at the close of business, February 2S, 1928: RESOURCES Loans and discounts $2,444,825.83 Bonds and stocks 2,038,331.76 Furniture and fixtures .... 19,22(4.88 Due from departments .... 15.380.73 Other real estate 21,974.82 Advances to estates 71,302.18 Cash and duo from banks and trust companies .... 413,579.12 Trust securities 1(49,953.10 Total resources $5,191,580.44 LIABILITIES Capital slock $ 200.000.00 Surplus 200,000.00 I'ndlvided profits 245,764.30 Dividends unpaid 324.00 Reserve for taxes, interest, etc 64,012.78 Demand deposits $2,805,192.11 Time deposits 1,232,405.33 Trust deposits 88,378.85 Due to banks and trust companies .. 28,703.15 Secretary and depart in e n t checks 85,987.24 Certified cheeks 73,829.52 4,314,490.20 Trust investments 169,053.10 liabilities $5,194,550.41 State of Indiana. County of Marion, ss: I, George W. Snyder, secretary of the Security Trust Company, of Indianapolis, Ind., do solemnly swear that the above statement is true. GEORGE W. SNYDER. Subscribed anti sworn to before me this Cth day of March, 1928. GEORGE C. CALVERT, [SEAL] Notary Public. My commission expires March 23, 1930. TRY A WANT AD IN THE TIMES. THE! WILL BRING RESULTS.

Report of Condition of the Continental National Bank at Indianapolis, in the State of Indiana, at the Close of Business on Feb. 28, 1928: RESOURCES Loans and discouats. including rediscounts $3,412,869.53 Overdrafts, unsecured 885.81 Customers’ liability account of acceptances executed by this bank . 5.955.00 United States Government securities owned: Deposited to secure circulation (United States bonds. pRr valuel $ 114,300.00 All other United States Government securities 48.100.51 Total 102.400.51 Other bonds, securities, etc 842.482.50 Furniture and fixtures 38,000.00 Real estate owned other than banking house 67.928.12 Lawful reserve with Federal Reserve Bank • 189.066.63 Items with Federal Reserve Bank In process of collection (not available ax reserve! 309,292.40 Cash in vault and amount due from national banks 563.286.70 Net amount due from banks, bankers and trust companies In the United States... 341,668.88 Exchanges for clearing house 65,465.11 Checks in other banks In the same city or town of reporting bank 72,642.99 Total $L35L336.03 Checks on banks located outside ciiv or town of reporting bank and other cash ltem * 37.305.46 United States Government securities iborrowed> . 10.300.00 Redemption fund with United States treasurer and due from United States treasurer 5.715.00 To,al *6,122,442.64 LIABILITIES Capital stock paid in < 40000000 Surplus fund 100.000.00 Undivided profits 84 525 41 Reserve of taxes and Interest accrued 7,746.53 Circulating notes outstanding 114 300 00 Net amount due to national banks... 174 580 45 Net amount due to State banks, bankers and trust companies in United States and foreign countries l 8 Certified checks outstanding.. 57 407 41 Gaslner'a checks on own bank outstandDivldend cheeks outstanding ** 138 50 Total $1,272,123.84 Demand deposits (other than bank deposlts> subject to reserve (deposits payable within thirty days* r Individual deposits subject to check 2 798 314 39 State, county or municipal deposits, secured by aurcty bond 400 814 20 Total $3.378.800j 4 lime depostts subject to reserve (payable afrrr thirty days or subject to thirty davx or more notice, and postal savings*: Savings deposits ... 07 Other time deposits Postal savings deposits 999390 „ . Total $ g 4 j 4 88 73 United States Government securities borrowed Notes and bills rediscounted! including J 9.000.00 acceptances of other banks and foreign bills of exchange or drafts sold with Indorsement of this bank . . State of Indiana County of Marion, ss: $6,172.442 64 "'• Xi&Si Wtt.-ttfMfSf' WCSB& JUW <*• Subscribed fl -'’ corn to before me tbfs nib dae of March", C “ slll ’ r> My comnltolc i expires March ”3. 1930 t3I ’ ORC - IK . c - CALVERT. Notary Public. Correct Attest: H. C. THORNTON. O. J. SMITH. R. W. SPIEGEL. Report of the Condition of the Fletcher American National Bank, at Indianapolis, in the State of Indiana, at the close of business on Feb. 28, 1928: RESOURCES Loans and discounts $23,743,002.47 Acceptances of other banks discounted .7.224.C3 Total loans ... ... ... .. Overdrafts unsecured . * 23. i .>2.22(1.50 U. S. Government securities owned: 17.870.12 U. S bonds deposited to secure cireu.,atlon 180.400.00 Al i„“‘ h .y: Y n, f*l Stafps Government securities, Including premiums 2,035,483 89 Other bonds, stocks, securities, etc..... .. . :/.0,3G2 fll Customers' liability account of accent-o-'w l exe . cilted by this bank and bv o.her banks now outstanding 2 68 257 98 Banking house nd furniture fixtures .... 1 750 006 00 Real estate owned other than banking . „ I'* e 94.098.61 r '■servo with Federal Reserve Dttiijc b.t# j 18$ 5- j 38 Items with Federal Reserve Bank in process or collection 1.784.090.22 and amount due from na- >) tional hanks 4.198,255.86 Amount du<* from Staff banka, banker* And trust companies In the United .State* 1.998,814.52 Exchanges for clearing house 333 344 33 Checks on other banks in the same rilv or town as reporting bank „ 110,845.34 Total of items $8,702,981.80 Checks on banks outside city 222 .720'57 Miscellaneous cash items *53 972 99 Redemption fund with U. S. Treasurer and due from U. S. Treasurer 121.805.00 U. S. Government securities borrowed 369,00f>'00 Other assets. If any 107,600 93 Tota * $44,327,732.43 e. LIABILITIES Capital stock, paid in $1,000,000.00 Surplus fund 80C.000.00 Undivided profits $ 529.814.85 Reserved for unearned discount 116,996.19 T , 646.811.44 Less current expenses paid 210.882.52 435,928.92 Reserve for taxes, interest, etc., accrued.. 220.022.33 Circulating notes outstanding 2,432,100.00 Amount due to Federal Reserve Bank (deferred credits) 1.067.629.50 Amounts due to national banks 3,171,014.80 Amounts due to State banks, bankers and trust companies In the United States... 5,084.056.01' Amount due to banks tn foreign countries. 43.564.87 Certified checks outstanding 268.265.82 Cashier’s checks outstanding 198492. 23 Dividend checks outstanding 1,280.86 Total of items $ 9.832,004.09 Demand deposits subject to reserve (deposits pavablp within thirty davs): Individual deposits subject to check 18,437.295.74 Certificates of deposit due in less than thirty days 3.764.60 State, county or other municipal deposits secured by pledge of assets of this bank or surety bond *. , 2.551,725.03 Total demand deposits subject to reserve $21,041,735.42 Time deposits, subject to reserve (payable after thirty days or subject to thirty days’ or more notice): Savings deposits 4,304,037.64 Postal savings deposits 85,107.19 Total of time deposits subject to reserve $4,479,114.83 United States deposits (other than postal savings 1 . Including war loan deposit account and deposits of United States disbursing officers 395,249.88 United States Government securities borrowed 309,000.00 Letters of credit and travelers' checks sold for cash and outstanding 41.216.00 Acceptances executed by this bank for customers and to furnish dollar exchange.. 975.618.37 Less acceptances this bank purchased or _ discounted 707,360.39 268,257.98 Liabilities other than those above stated.. 13.022.93 Total *44,327.732.43 State of Indiana, County of Marion, ss: I, Elmer W. Stout, president of the above named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. ELMER W. STOUT. President. Subscribed and sworn to before me this 6th day of March, 1928. • GEORGE C. CALVERT, Notary Public. My commission expires March 23. 1933: Correct attest: JAMES I. DISSETTE, O. A. SCHNULL. ' W. HATHAWAY SIMMONS, Directors.

Report of Condition of the Indiana National Bank, at Indianapolis, in the State of Indiana, at the close of business on February 28,1928: RESOURCES Loans and discounts $21,685,844 Overdrafts unsecured 3,399 33 United States Government securities owned: Deposited to secure circulation (United States bonds, par value) $ 300.000.00 All other United States Government securities 564.C57 06 Total $1,161,687 IM* Other bonds, stocks, securities, etc., owned ... 3.538,754 71 Banklug bouse 707,000 00 Lawful reserve with Federal Reserve Bank ... 1,051,186 03 Items with Federal Reserve Bank in process of collection, not available os reserve 1,51’2,453 76 Cash In vault and amount due from national banks , 1.349,271 22 Amount due from state banks, bankers and trust companies in the United States 995,834 00 Exchanges for clearing house * 342,361 00 Checks on other banks in the same city or town as reporting bank 281,893 17 Total $ 4,681,813 15 Miscellaneous cash Items 73,780 00 Redemption fund with United Stales treasurer and due from United States treasurer 1.5,000 00 Interest earned, but not collected on notes and bills receivable not past duo 9,866 27 Other assets 33,688 07 Total *33,407,019 76 LIABILITIES Capital stock paid in $2,000,000 00 Surplus fund 1,000,000 00 Undivided profits $ 1,619,891 03 Reserved fnr unearned discount and contingent fund 162.932 36 Total $ 1,782,843 til Less current expenses, interest and taxes paid 123,231 79 1.039.591 82 Reserve for interest and taxes accrued 34,042 8 Circulating notes outstanding .".00,000 OO Amount due to national banks 1,523,679 35 Amount, due to state banks, bankers and trust companies in United Slates 3,638,755 66 Certified checks outstanding 87.292 44 Cashier's checks on own bank outstanding ... 268,348 33 Dividend checks outstanding 297 50 Total of items $ 5,538,373 2S Demand deposits (other than bank deposits) subject to reserve deposits payable within thirty days: Individual deposits subject to check 11,030,744 15 i State, county or other municipal deposits, se cured by pledge of assets of this bank or surety bond 2,400,938 63 Total of demand deposits (other than - ■— bank deposits) subject to reserve ... $16,431,689 78 Time deposits subject to reserve (payable aften j thirty days, or subject to thirty days or I more notice) and postal savings: ; Savings deposits (Including time certificates of i deposits other than for money borrowed)... 6,063,155 70 Postal saving deposits 39,450 00 Total of time deposits subject, to reserve $ 6,122,633 70 United States deposits • (o[her than postal savings). Including war loan, deposit account and deposits of United States disbursing officers 380.603 2$ Notes and bills rediscounted, including acceptances of other banks and foreign bills of ex change or drafts sold with Indorsement of this bank • Tidal *33,467.019 75 ' State of Indiana, County of Marlon, ss: 1 I. It. M a lot t Fletcher, cashier of the above named bank, do solemnly swear that the above statement is true to (lie best of my knowledge and belief. K. MALOTT FLETCHER, Cashier. .Subscribed and sworn to before me (bis 6th day of March, 1928. GEORGE C. CALVERT, Notary Public. My commission expires March 23, 1930. Correct Attest: JOHN J. APPEL. ARTHUR V. BROWN, IIENUY EITEL. / Directors. Report of Condition of the Merchants National Bank, of Indianapolis, at Indianapolis, in the State of Indiana, at the close of business on the 28th day of February, 1928: RESOURCES Loans and discounts $5,906,90S 41 Acceptances of ether banks discount, excluding those sold with Indorsement reported in Item la 373,304 44 Total loans 50,280,412 85 Overdrafts, unsecured 3,044 64 e,044 64 United States Government securities owned: Deposited to secure circulation (l\ S. boDds, par value! 00 All other United States Government securities (including premiums. It any) 1,580.572 05 Total • 2,150,872 05 Other bonds, stocks, securities, etc 2,318,315 77 Banking house 1,000,000 00 1.600,000 00 Real estate owned other than banking bouse.. 15,300 00 r.awful reserve with Federal Reserve Bank ... 898,748 87 Utoms with Federal Reserve Bank in process of collection -83,907 66 Cash in vault and amount due from national ....... .. banks 2,846,541 48 Amount due from state banka, bankers and trust companies in the United States 49,500 82 Exchanges for clearing house 148,108 48 Checks on other banks n the same city or town as reporting bank So/Vo 05 Total $3,358,220 09 Miscallaneous cash items 16,013 41 .16,013 4t Redemption fund with United States treasurer and due from United States treasurer -3,-*"' 00 United States Government securities borrowed 205,000 no Other assets, If any 23,044 67 Total 11 ••. • ~,,,,,,,, 3C,050,322 *US LIABILITIES Capital Stock paid in $1,230,000 Ol Surplus fund $1,250,000 00 Undivided profits $786,179 42 I,ess Current expenses paid 51,023 17 734,054 25 Reserve for taxes, interest, etc., accrued 132,000 OO Circulating notes outstanding 503,250 00 Amount, due to Federal Reserve Bank (del’crred credits) 180.974 78 Amount due to national banks 6021318 30 Amount due to slate banks, bankers and trust. companies 2,372.900 39 Amount due to banks In foreign countries .... 36,663 27 2,408,363 65 Certified checks outstanding 84,551 27 Cashier’s checks outstanding 136,625 70 Dividend checks outstanding 90 00 Total $3,433,120 SO Demand deposits (other than bank deposits) subject to reserve (deposits payable within thirty days): Individual deposits, subject to check 0,664,390 54 • Certificates of deposit due in less than thirty days (other than for money borrowed) 4,241 81 State, county or other municipal deposits, secured by pledge or assets of this bank or surety bond 615.775 23 Total of demand deposits other than bank deposits subject to reserve 7,214,107 09 .Savings deposits 25’,975 66 Other tittle deposits 1,050,000 OO Postal savings deposits 38.165 04 Total of time deposits subject to reserve $1,339,840 70 United States deposits (other than postal sav- , lugs, including war loan deposits)* account, and deposits of United States disbursing officers 41,0-10 00 United States Governmental securities borrowed 265,000 00 Total $16,353,322 33 State of ludiana, County of Marion, ss: J, Otto N. Fren*el, Jr., cashier of the above named bank, do solemnly swear the above statement Is true to the best of my knowledge and belief. OTTO N. FRENZEL, JR.. Cashier. Subscribed and sworn to before me this fitta day of March, 1928. GEORGE C. CALVERT, Notary Public. My commission expires March 23, 1930 Correct attest: •T. P. FRENZEL, FRED C. DICKSON. WILLIAM H. AYANT, Directors, j

.MARCH 8, 1928