Indianapolis Times, Volume 40, Number 197, Indianapolis, Marion County, 7 January 1929 — Page 14

PAGE 14

ixV^f^ritKfStatcmeHt 8 of Banks and. Trust Compontes^^^^^^P the Indianapolis Clearingllouse Jssoemtion

The Union Trust Cos. STATEMENT OP CONDITION OP THE UNION TRUST COMPANY OF INDIANAPOLIS AT CLOSE OP BUSINESS DECEMBER, 31, 1928. Officers ARTHUR V. BROWN. President. JOHN E. REED, Vice-President. MERLIN M. DUNBAR, VicePresident and Tax Officer. HARRY P. McNUTT, Treasurer. ALFRED P. 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. ARTHUR V. BROWN Jr., Assistant Secretary. GEORGE A. BUSKJRK, Trust Officer. CHARLES N. FULTZ, Trust Officer. CHARLES T. BLIZZARD, Auditor. j Resources Loans and discounts...! 7,293,907.89 Overdrafts 800.61 Advances to estates and trusts 545,005.52 U. S. government securties 278,677.47 Other bonds, securities, etc 2.686,763.28 Banking house 138,000.00 Due from departments. 81,206.76 Due from trust companies, banks and cash on hand 1,807,812.95 Stocks and bonds, safe keeping 311.736.19 Letters of credit, customers liability 85,070.74 Trust real estate 8,271,300.00 Trust securities 24.100,213.41 Mortgage notes securing mortgage certificates. 3,090,000.00 Total $48,690,494.82 Liabilities Capital stock —paid in.s 600,000.09 Surplus 600,000.00 Undivided profits—net. 1,648,917.15 Demand deposits ....$6,107,172.84 Time certificates.. 1,135,469.49 Savings deposits 734.252.57 Trust deposits . 1,212,954.00 Certified checks . 1,138.97 Due to banks and trust companies. 466,815.66 Secretary’s ' checks . 118,732.28 9,776,535.81 Reserve for taxes and interest 112,986.55 Premium reserve on bonds 4,509.00 Due departments 89.225.97 First mortgage cert ; lcates outstanding .. 3,090,000.00 Letters of credit and customers securities.. 396,806.93 Trust investments ...". 32,371,513.41 Total $48,690,494.82 State of Indiana, county of Marion. ss: I, Alfred P. Gauding, secretary of the Union Trust Company of Indianapolis, do solemnly swear that the above statement is true. ALFRED F. GAUDING. Subscribed and sworn to before me this 4th day of January, 1929. GEORGE C. CALVERT. rSEALJ Notary Public. My commission expires March 23, 1930.

Indiana Netters Pruned for Clash With Strong Illinois Five Tuesday Crimson Ready to Open Conference Race: Play RubyCoached Team at Champaign. _

Bu Times Special BLOOMINGTON, Ind., Jan. 7. Strengthened by the experience gained in a hectic pre-season nonconference schedule, Indiana university’s co-championship netters left today to open their i? 29 Big Ten basketball schedule Tuesday De Pauw Gets Set for Greyhounds Jii Times Special GREENCASTLE, Ind., Jan. 7. Returning to the home coun after a somewhat disappointing vacation tour, De Pauw's basketball team is undergoing a reconstruction for the Indiana Central game Tuesday night and the tilt with Evansville. Saturday night. The injury to George Mountz. lengthy center, kept the Tigers from making a better showing at Purdue and deprived them of a victory at Illinois Wesleyan, where they anticipated an easy game. Lacking a player of Mountz’ type among the reserves. Coach Moffett is forced to change the lineup and adopt a different style of play. TO INVITE HELEN WILLS LUi D'Alvarex to Compete In Exhibitions at Mexico City. Bj> United Press MEXICO CITY, Jan. 7.—Eduard Mestre. president of the Mexican Lawn Tennis Federation, announced today that Lili D'Alvarez, Spanish tennis star, is coming here Feb. 5, to compete in exhibition matches. The Mexican federation will invite Helen Wills to come down and meet her old rival.

The People State Bank Charter No. 129. Report of the condition of The Peoples State Bank at Indianapolis, in the state of Indiana, at the close of its business on December 31, 1928. OFFICERS. FELIX M. McWHIRTER, President. ALBERT J. HUEBER, Vice-Presi-deiit. CLARENCE R. WEAVER, VicePresident and Trust Officer. NEAL GRIDER, Vice-President and Cashier. RAYMOND D. JACKSON. VicePresident and Manager Bond Depa'tment. FRANK E. McKINNEY, Assistant Cashier. ALBERT E. THOMPSON, Assistant Trust Officer. Resources Loans and discounts...! 2,315,916.35 Overdrafts 74.23 Advance to trusts .... 154,005.71 United States government securities 55,746.36 Other bonds, securities. 800,283.93 Vault and safe deposit boxes 20,000.00 Furniture and appliances 12,500.00 Due from departments 11,267.31 Due from trust companies, banks and bankers and cash on hand 867,172.78 Trust real estate 4.486,140.00 Trust securities ....... 3,498,009.15 Trust mortgages 443,400.00 Total $17,664,515.82 Liabilities Capital stock—paid in.. $ 200,000.00 Surplus 200,000.00 Undisturbed earnings.. 4,374.42 Reserves 52,356.35 Demand Deposits $2,564,745.10 Time certificates 272,174.61 Savings deposits 286.188.60 Trust deposits 187,559.91 Time deposits 304,735.13 Certified checks 1,800.03 Due to banks and trust companies 124,711.08 Cashier’s checks 38,321.44 3,780,235.90 First mortgage certificates 443,400.00 Trust investments .... 12,984,149.15 Total $17,664,515.82 State of Indiana, County of Marion, ss: I. Frank E. McKinney, assistant cashier of The Peoples State Bank, of Indianapolis, do solemnly swear that the above statement is true. FRANK E. McKINNEY. Subscribed and sworn to before me this 4th day of January, 1929. GEORGE C. CALVERT, Notary Public. My commission expires March 23, 1930. Attest: CHARLES F. COFFIN, HENRY L. DITHMER, ANDREW L. HENRY, Directors. Directors CHARLES F. COFFIN, Vice-Presi-dent State Life Insurance Company. HENRY L. DITHMER, President Polar Ice and Fuel Company. ANDREW L. HENRY, President Standard Metal Company. ALBERT J. HUEBER, President A. J. Hueber & Cos. FRANK F. HUTCHINS, Necrologist LUELLA F. McWHIRTER. HENRY E. OSTROM. President Ostrom Realty and Construction Company. CLARENCE R. WEAVER, VicePresident and Trust Officer. L. ROY ZAPF, Attorney. FELIX M. McWHIRTER. President.

night at Champaign, meeting Craig Ruby’s strong Illinoiis quintet. Coach Dean and his crimson players have more than a passing remembrance of the last meeting with the fighting Illini. In the final conference game of the 1928 season, u| w’hich victory assured the Hoosiers of at least a tie for first place, the Rubymen set the pace throughout the game, the Crimson pulling into a 22-22 tie just as the game ended. In the overtime period, the Hoosiers flashed back into form, and bombarded the nets for a 27-to-23 victory. The appearance of the Hoosiers against Missouri marked their final home game until Jan. 10. when they renew the annual Purdue-Indiana series. M’LARNIN MEETS GLICK Lightweights Are Scheduled to Scrap in Garden Friday Night. B(/ United Press NEW YORK. Jan. 7.—Unless the bout is postponed out of respect for Tex Rickard. Jimmy McLamin. coast lightweight contender, will meet Joe Glick. New’ York, in a tenround fight at Madison Square Garden, Friday night, the winner to be matched with champion Sammy MandelL

‘Won’t Be the Same’ Bfi United Press MACON. Ga.. Jan. 7.—The death of Tex Rickard has thrown the Sharkey-Stribling bout into uncertainty, “Pa" Stribling said today. The father of the Georgia heavyweight said: “The fight may go on but it won’t be the same fight, because Rickard won’t be there."

Report of Condition of the Continental National Bank ol Indianapolis, in the state of Indiana, at the close of business on December 31, 1928. Resources Loans and discounts ....$3,283,343.44 Overdrafts 981.16 United States government securities < <wned 136,157.26 Othe< bonds, stocks and securities g* ,ned.. 979,285.00 Customers’ liability on account of acceptances executed None Banking house, furniture and fixtures 34,000.00 Real estate owned other than banking house 68,872.47 Reserve with Federal Reserve Bank 257,629.90 Cash and due from banks 1,614,670.09 Outside checks and other cash items 51,667.80 Redemption fund with U. S. Treasurer and due from U. S. Treasurer 5,715.00 Acceptances of other banks and bills of exchange or drafts sold with indorsement of this bank None Securities borrowed 13,000.00 Other assets None Total $6,445,322.12 % Liabilities Capital stock paid in $ 400,000.00 Surplus . 100,000.00 Undivided profits—net 94,774.68 Reserves for dividends, contingencies, etc.. None Reserves for interest, taxes and other expenses* accrued and unpaid 13,000.00 Circulating notes outstanding....- 114,300.00 Due to banks, including certified and cashiers’ checks outstanding 1,359,206.43 Demand deposits 3,119,934.65 Time deposits 968,106.36 United States deposits None Agreements to repurchase U. S. government or other securities sold None Bills payable and rediscounts 263,000.00 Acceptances of other banks and bills of exchange or drafts sold with indorsement of this bank None Less acceptances of this bank purchased or discounted . None Acceptances executed by other banks for account of this bank None Securities borrowed 13,000.00 Other liabilities None Total $6,445,322.12 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 swom to before me this 4th day of January, 1929 GEORGE C. CALVERT, (SEAL) Notary Public. My commission expires March 23, 1930. Correct Attest: H. C. THORNTON, O. J. SMITH, R. W. SPIEGEL, Directors.

Affiliated Bank

South Side State Bank JOHN LAUCK, President. L. A. WILES. Vice-President. L. C. ENGELKING, Cashier. E. L. KUHN, Assistant Cashier. Report of the condition of South Side State Bank at Indianapolis in the state of Indiana, at the close of its business on December 31, 1928. Resources • Loans and discounts ...$1,051,745.86 Overdrafts 72.64 U. S. government securities .. 13,662.20 Other bonds, securities, etc 1,010.00 Banking house 27,000.00 Furniture and fixtures.. 13,174.40 Other ’■eal estate owned 2,775.97 Due from trust companies, banks and bankers and cash on hand 572,691.48 Cash items 23,017.32 ■ Other assets not included in above 21.700.00 Accrued interest 16,150.18 j Total $1,743,000.05 Liabilities | Capital stock—paid in..s 50,000.00 | Surplus 25.000.00 ■Undivided profits—n3t.. 26,768.91 Demand dr ■ posits ..$ .11.130.56 Demand certificates *12,651.50 Savings deposits .. 1,078,095.94 Special deI posits 157.50 Certified checks 986.74 I Cashier’s—treasurer's * checks 1,613,022.24 Other liabilities 21,700.00 Reserve for interest 6,508.90 Total $1,743,000.05 State of Indiana. County of Marion, ss: I. L. C. Engelking. cashier of the South Side State Bank of Indianapolis. do solemnly sweai that the i above statement is true. L. C. ENGELKING. Cashier. Subscribed and sworn to before me this 4th day of January. 1929. GEORGE C. CALVERT. (SEAL) Notary Public. My commission expires March 23, 1930. LEO DIEGEL IS VICTOR Wins $2,500 San Diego Open; Horton Smith Is Second. Bn United Press SAN DIEGO, Cal., Jan. 7.—Sinking unbelievable putts, time after time. Leo Diegel, won the $2,500 San Diego open golf championship Sunday. Diegel turned in a brilliant 282

THE INDIANAPOLIS TIMES

Security Trust Cos. IRVING W. LEMAUX, President. GEORGE W. SNYDER, VicePresident. WILLIAM C. KASSEBAUM, Secretary. HUGH V. BRADY, Assistant Secretary. I. WATT PUGH. Treasurer. Condensed statement of the condition of the Security Trust Com pany at Indianapolis, in the state ol Indiana, at the close of business December 31, 1928. Resources Loans and discounts....s2,422,315.99 Overdrafts 174!57 United States government securities 196,789.41 Other bonds and stocks. 1,986,880.63 Advance to estates 70,163.91 Furniture and fixtures.. 19i25L39 Other real estate 33.666.20 Due from departments.. 16,312.54 Cash and due from banks and trust companies 887,423.22 Trust securities 513,800.79 Total resources $6,146,784.95 Liabilities Capital stock $ 200,000.00 | Surplus 200,000.00 Undivided profits 279.000.00 Dividend unpaid 16.180.00 | Reserve for taxes, interest- etc 96,250.01 | Demand I deposits $3,353,792.39 Time deposits .. 437,935.02 Savings deposits 804,183.35 Trust dej posits .. 175,953.45 Special deposits 37.58 j Certified checks .. 4,394.07 Dueto banks * | and trust companies .... 35,105.31 Secretary and treasurer's checks 29,852.48 4.841.554.15 Trust investments 513.800.79 Total liabilities $6,146,784.95 j State of Indiana, County of Marion, ! ss; I, William C. Kassebaum, secretary of the Security Trust Company, of Indianapolis, Ind„ do solemnly sw ear that the above statement is true. WILLIAM C. KASSEBAUM. Subscribed and sworn to before me this 4th day of January, 1929. GEORGE C. CALVERT. [SEAL] Notary’ Public. My commission expires March 23, 1930. . for the seventy-two holes, winning the $750 first prize. He was followed closely by Horton Smith of Joplin, Mo., who shot a 283. whining $450. Henry Cuici of Bridgeport, Conn., finished third in 284, taking home S3OO.

Report of Condition of the * Indiana National Bank at Indianapolis, in the State of Indiana, at the Close of Business on December 31st, 1928. Resources Loans and discounts $20,144,136.67 Overdrafts 63.15 United States government securities owned. 2,240.622.50 Other bonds, stocks and securities owned... 3,105,592.87 Customers’ liability on account of acceptances executed None Banking house $703,000.00 Furniture and fixtures 4,000.00 707,000.00 Real estate owned other than banking house None Reserve with Federal Reserve Bank 2,040,453.94 Cash and due from banks 7,366,919.96 Outside checks and other cash items 118,369.75 Redemption fund with United States treasurer and due from United States treasurer 15,000.00 Acceptances of other banks and bills of exchange or drafts sold with indorsement of this bank None Securities borrowed None Other assets -• 8,381.37 Total * $35,746,540.21 Liabilities Capital stock paid in , $ 2,000.000.00 Surplus 1.000,000.00 Undviided profits, net 1,553,967.61 Reserve for dividends, contingencies, etc.. 88,531.87 Reserves for interest, taxes and other expenses accrued and unpaid 127,045.44 Circulating notes outstanding 295,950.00 Due to banks, including certified and cashier’s checks outstanding 6,105,662.08 Demand deposits 18,057,700.82 Time deposits 5.949,293.24 United States deposits *• 564,389.15 Agreements to repurchase U. S. government or other securities sold None Bills payable and rediscounts None Acceptances of other banks and bills of exchange or drafts sold with indorsement of the bank None Acceptances executed by other banks for account of this bank None Securities borrowed None Other liabilities None Total $35,746,540.21 State of Indiana, County of Marion, ss: I, R. Malott Fletcher, cashier of the above named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. R. MALOTT FLETCHER, Cashier. * Subscribed and sworn to before me this 4th day of January, 1929. GEORGE C. CALVERT, (SEAL) Notary Public. My commission expires March 23, 1930. Correct Attest: HENRY W. BENNETT, ! ARTHUR V. BROWN, FRANK D. STALNAKER, Directors.

Report of Condition of the Merchants National Bank at Indianapolis, in the State of Indiana, at the Close of Business on December 31, 1928. Resources Loans and discounts $ 5,567,003.00 Overdrafts 246.39 United States government securities owned 3,651,922.05 Other bonds, stocks and securities owned 2.170,041.62 Banking house 1,000,000.00 Real estate owned other than .banking house 15.500.00 Reserve with Federal Reserve 8ank....... 836,642.64 Cash and due from banks 5,387,090.88 Outside checks and other cash items 42,765.90 Redemption fund with U. S. treasurer and due from U. S. treasurer 50,000.00 Securities borrowed 265,000.00 Total $18,986,212.48 Liabilities Capital stock paid in $ 1,250,000.00 Surplus 1.250,000.00 "Undivided profits—net 827.971.84 Reserves for interest, taxes and other expenses accrued and unpaid 110,000.00 Circulating notes outstanding 1.000,000.00 Due to banks, including certified and cashiers’ checks outstanding 4,057.516.85 Demand deposits 8,635,542.90 Time deposits * 1,344,175.08 United States deposits 179,820.00 Securities borrowed 265,000.00 Other liabilities 16,185.81 Total $18,986,212.48 State of Indiana. County of Marion, ss: I. Otto N. Frenzel. Jr., cashier of the above named bank, do solemnly swear that 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 4th day of January. 1929. GEORGE C. CALVERT. (SEAL) Notary Public. My commission expires March 23, 1930. Correct Attest: J. P. FRENZEL. FRED C. DICKSON, WM H. AVANT, Directors.

SARAZEN WINS OPEN Gene Triumphs in Miami Meet; Jock IJutchison Is Runner-Up. MIAMI, Fla., Jan. 7.—For the third successive time, Gene Sarazen

is Miami open golf champion. With a score of 294, he was eight strokes ahead of Jock Hutchison, runner-up, in Saturday’s finish. Sarazen had 72-72-74-74 in the 72-hole contest. George Crist took third money.

Report of Condition of the Fletcher American National Bank at Indianapolis, in the State of Indiana, at the Close of Business on December 31, 1928. Resources Loans and discounts $27,099,151.89 Overdrafts 8,504.15 United States government securities owned 4,601.167.95 Other bonds, stocks and securities owned.. 3,017,214.33 Customers’ liability on account of acceptances executed 16,000.25 Banking house, furniture and fixtures 1,750,000.00 Real estate owned other than banking house 111,384.75 Reserve with Federal Reserve Bank 2,742.037.38 Cash and due from banks 9,210,284.97 Outside checks and other cash items 424,503.93 Redemption fund with United States treasurer and due from United States treasurer 121.280.00 Securities borrowed . 285,100.00 Other assets 105.292.64 Total $49,491,922.24 Liabilities Capital stock paid in $ 4.000,000.00 Surplus 800.000.00 Undivided profits, net 545,501.67 Reserves for dividends, contingencies, etc. 43,644.08 Reserves for interest, taxes and other expenses accrued and unpaid 145,262.41 Circulating notes outstanding 2,425,600.00 Due to banks 11,486,845.63 Demand deposits 22,974,933.84 Time deposits 5,460,249.55 United States deposits <*•••• 448.945.07 Rediscounts 858,800.00 Acceptances executed by this bank for customers and to furnish dollar exchange—s42o,ooo.2s Less acceptances of this bank purchased or discounted.... 404,000.00 16,000.2a Securities borrowed 28 , 5, Other liabilities Total $49,491,922.24 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 4th day of January, 1929. GEORGE C. CALVERT, (SEAL) Notary Public. My commission expires March 23, 1930. Correct Attest: G. A. SCHNULL. JAMES I. DISSETTE, W. HATHAWAY SIMMONS, Directors.

Fletcher Savings and Trust Cos. Report of the condition of Fletcher Savings and Trust Company, at Indianapolis, in the state of Indiana, at the close of its business on December 31, 1928. Resources Loans and discounts.. .$ 6,8°U70.28 Overdrafts Advance to estates and United States government securities 4,585,112.35 °ete r '°°. ndS ’.. Se . CU . ri !! e . S .’ 7,700,222.19 Stock in Federal Reserve Bank 90,000.00 Banking houses Furniture and fixtures. Other real estate owned 43,722.37 Due from departments. 124,637.53 Cash on hand 4,998,491,43 Letters of credit—cus- Q tomers liability 27,631.00 Mortgage notes securing mortgage certificates guaranteed.... Prepaid insurance i,BU4.di AC a "le ed . r .“ eW ' BWlll Total ..$26,452,372.12 Liabilities Capital stock—paid in.s 1,500,000.00 Surplus y ; 1 ’1 28*28 1 26 Undivided profits—net. 1^8,28i.2b Demand deposits. $6,644,997.24 Demand certificates .. 1,245,508.40 Time certificates. 2,734,203.03 Savings deposits.. 8,365.240.17 Trust deposits... 149,145.44 Special deposits... 419,100.00 Certified checks. 11,690.16 Due to banks and trust companies. 2,579,556.58 Cashier’streasurer’s checks. 204,887.08 — 22,354.425.11 Letters of credit outstanding 27,631.00 First mortgage certificates outst and in g guaranteed 527,400.00 United States bonds borrowed 119,550.00 Reserves 270.740.61 Due to departments... 34,344.44 Total $26,452,372.42 State of Indiana. County of Marion, ss: I, Leland Crawford, treasurer of the Fletcher Savings and Trust Company, of Indianapolis. Ind.. do solemnly swear that the above statement is true. L. CRAWFORD. Subscribed and sworn to before me this 4th day of January, 1929. GEORGE C. CALVERT. (SEAL) Notary Public. My commission expires March 23, 1930.

_-TA>T. 7. 1929

The Indiana Trust Cos. Report of the condition of the Indiana Trust Company at Indianapolis, in the state of Indiana, at the ckse of business Dec. 31, 1928. Resources Loans and discounts...s 2,402,836.03 Bonds— Municipal $1,706,612.83 Miscellaneous 2,028,785.17 3,735,398.00 Stocks 60,890.15 Miscellaneous bonds pledged to secure U. S. deposits 219,565.23 Company’s building ... 485.050.0f Furniture, fixtures and vaults 11,446.08 Advances to estates and trusts 130,070.73 Due from insurance department 13,226.18 U. S. and Liberty bonds 870,087.78 Treasury certificates and notes 1,705,089.23 Cash in vault, banks and trust companies. 5,736,645.13 Total $15,370,304.61 Liabilities Capital stock paid in...s 1,000,000.00 Surplus 1,000,000.00 Undivided profits net.. 434,023.65 Dividends unpaid ..... 70.00 Deposits— Demand $2,886,444.20 Time .... 6,251,724.15 Trust .... 1,823,064.70 Special .. 1,165,706.99 U. S. ernment .. 150,960.00 Certified checks . 4,607.17 Treasurer’s checks 181,614.31 Banks and trust companies . 477,140.65 12.911,262.17 Due insurance department 24,945.76 Total .$15,370,304.51 State of Indiana, county of Marion, 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 4th day of Jan.. 1929. GEORGE C. CALVERT. My commission e xpires March 23, 1930. Officers J. P. FRENZEL, Chairman of Board. FRED C. DICKSON. President. J. P. FRENZEL Jr, Vice-President. 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,