Indianapolis Times, Volume 44, Number 47, Indianapolis, Marion County, 5 July 1932 — Page 11

JTUIjY 5, 1!)32_

Statements of Banks and Trust Companies Members of the Indianapolis Clearing House Association

The Fountain Square State j Bank Charter No. 300 (Affiliated With ' The Merchant* National Bank) Report of condition of The Fountain Square State Bank at Indianapolis (affiliated with The Merchants National Bank), in the state of Indiana, at the close of its business on June 30, 1932: H. LANGSENKAMP, President. CHAS. H. STUCKMEYER, VicePresident. H J. BUDENZ, Vice-President. VAL. F. SCHNEIDER, Cashier. E. W. STRACK, Assistant Cashier Secretary. RESOURCES. Loans and discounts $437,052.41 Overdrafts 6003 United States government securities 206,500.00 Other bonds, securities, etc 116,727.50 Furniture and fixtures.. 7,500.00 Cash on hand 106,941.60 Cash items 14,759.25 Trust securities 6,591.45 , Total $896,132.24 LIABILITIES. Capital stock—paid in ..$100,000.00 Surplus 75.000.00 Undivided profits —net .. 35,232.71 Demand deposits $431,369.62 Time certifl- ♦ cates 5,730.26 Savings deposits ..... 235,025.36 t Trust deposits 1,848.85 Certified checks .... 69.53 Cashier's—treasurer's checks 5,041.13 679,084.75 Trust investments 6,591.45 Due insurance department 223.33 \i Total $896,132.24 *Etate of Indiana, County of Marion, ss: I, Val. F. Schneider, cashier of The Fountain Square State Bank, M Indianapolis, Indiana, do solemnly swear that the above statement Is true. VAL. F. SCHNEIDER. Subscribed and sworn to before rine this Ist day of July, 1932. ISEAL] GEORGE C. CALVERT, Notary Public. My commission expires March 23, 1934. The Indiana Trust Cos. 1 Report of the condition of the Indiana Trust Company at Indianapolis in the state of Indiana, at the close of business June 30, 1932: RESOURCES. Loans and discounts $ 1,732,353.93 Municipal ..$1,662,896.10 Miscellaneous 1,534,528.85 3,197.424.95 •Stocks 158,284.18 Miscellaneous bonds pledged to secure U. S. deposits •• 160,505.85 Company's building 485,050.00 Furniture, fixtures and vaults 7,518.64 Advances to estates and trusts 117,637.16 Due from insurance department 28,104.72 U. S. and Liberty bonds 1,846.919.19 U. S. treasury certificates and notes 380.992.21 The National Credit Corporation gold notes 21,000.00 Due from banks, trust companies and cash on hand 4,904,729.26 Total ’...513,040,520.09 LIABILITIES. Capital stock paid in.. .$ 1,000,000.00 Surplus •• 1.000,000.00 Undivided profits net... 524,616.12 ’Dividends unpaid • 164.00 Deposits— Demand ...$2,668,615.66 Time 5,103,130.35 Trust 764,734.15 Special .... 1,454,634.49 U. S. government.. 82,290.00 Certified checks 351.78 Treasurer's checks .. 176,287.00 -.Banks and f trust companies 233,120.25 10,483,163.68 Due insurance department 32,576.29 Total $13,040,520.09 Statet 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 Ist day of July, 1932. GEORGE C. CALVERT. My commission expires March 23, 1934. OFFICERS. J. P. FRENZEL, Chairman of Board. FRED C. DICKSON, President. J. P. FRENZEL JR., Vice-Pres-ident. ARTHUR CRAVEN, Treasurer. M. P. BOWEN, Secretary. R. N. BRITTON. Assistant Secy. ARTHUR W. KAYE. Asst. Secy. WILL COWAN. Asst. Treasurer. BOYD W. TEMPLETON, Mans ager Real Estate and Insurance Department. DIVORCES LADY HEATH British Industrialist Charges Aviatrix With Misconduct. £y United Press LONDON, July s. —sir James Heath, 80, veteran British industrialist, has been granted a decree nisi of divorce against Lady Heath, well known aviatrix. Lady Heath obtained a divorce in Reno, Nev., last year. Sir James’ decree was granted or. the charge of misconduct with Reginald Williams, whom Lady Heath married after bar Reno divorce. More than 35 per cent of the fchon manufactured in the United Btabts last .year were produced in yjvew England.

Report of the Condition of the Merchants National Bank Os Indianapolis, in the State of Indiana, at the Close of Business on June 30, 1932. RESOURCES Loans and discounts $ 4,145,605.73 Overdrafts 180.73 United States government securities owned... 3,439,327,59 Other bonds, stocks and securities owned— 1,878,762.81 Banking house 1,000,000.00 Real estate owned other than hanking house.. 36,833.77 Reserve with Federal Reserve Bank 898,968.79 Cash and due from banks 5,833,058.80 Outside checks and other cash items 44,082.75 Redemption fund with U. S. treasurer and due from U. S. treasurer 50,000.00 Other assets 17.17 Total $17,326,838.14 LIABILITIES Capital stock paid in $ 1,250,000.00 Surplus 1,250,000.00 Undivided profits—net 1,033,069.29 Reserve for interest, taxes and other expenses accrued and unpaid 44,000.00 Circulating notes outstanding 992,560.00 Due to banks, including certified and cashier’s checks outstanding 3,137.400.93 Demand deposits 7,844,790.66 Time deposits 1,645,947.26 United States deposits 129,070.09 Total $17,326,838.14 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 Ist day of July, 1932. (SEAL] GEORGE C. CALVERT, Notary Public. My commission expires March 23, 1934. Correct Attest. J. P. FRENZEL, NILES CHAPMAN, FRED C. DICKSON, Directors.

Report of the Condition of The Peoples State Bank (Since 1891) At Indianapolis, in the State of Indiana, at the close of its business on June 30, 1932. RESOURCES Loans and discounts $1,290,072.93 Advances to trusts 83,872.15 Bank building 413,466.67 Other real estate 16,500.00 Overdrafts None U S. Government and municipal securities... 152,270 42 Other bonds and securities 218,822 25 Cash on hand and in banks 404,024 64 Due from departments 15,000.00 Furniture ani fixtures 100 Vault and safety deposit boxes 1.00 $2,594,031.06 LIABILITIES Capital stock $ 200,000.00 Surplus 200,000.00 Undivided profits 186,393.45 Reserves 28,351.12 Deposits— Demand $1,112,019.81 Time 554,047.67 Trust 283,207.96 Due to banks 30,011.05 1,979,286.49 Bills payable ‘ None Notes rediscounted None $2,594,031.06 TRUST DEPARTMENT First mortgages on improved Indianapolis real estate securing mortgage certificates $ 250,000.00 Trust securities 867,641.18 Trust real estate 4,898,798.35 Securities for safe keeping 176,500.55 $6,192,940.08 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 first day of July, 1932. GEORGE C. CALVERT, (SEAL) Notary Public. My commission expires March 23, 1934. Attest: Dr. FRANK F. HUTCHINS, HENRY E. OSTROM, L. ROY ZAPF, Directors. OFFICERS Felix M. McWhirter President Albert J. Hueber Neal Grider Vice-President Vice-President and Cashier Clarence R. Weaver Frank E. McKinney Vice-President and Trust Officer Assistant Cashier DIRECTORS Charles F. Coffin Luella F. McWhirter Henry L. Dithmer Henry E. Ostrom Andrew L. Henry Clarence R. Weaver Albert J. Hueber L. Roy Zaps Dr. Frank F. Hutchins Felix M. McWhirter

FINANCIER IS DEAD James N. Hill, Son of Rail Pioneer, Passes. By Vnited Prc** WHEATLEY HILLS, L. 1., July 5. —James Norman Hill, eldest son of James Jerome Hill, pioneer railroad builder of the northwest, died from a heart attack on Sunday and will be buried Wednesday. The 62-year-old financier retired ten years ago from the board of

the Northern Pacific, following his father’s advice to leave railroading as soon as possible after reaching the age of 40. Hill was the first of nine children of James Jerome Hill and Mary Mahegan Hill. He attended Phillips Exeter academy and Yale, where he was graduated in 1893. He became a railway clerk in the Great Northern organization. After twelve years’ service he was elected vice-president of the Great Northern, and later became a’director of the Northern Pacific. At the time of his death, Hill retained directorships in numerous corporations.

THE INDIANAPOLIS TIMES

The Union Trust Cos. Statement of the condition of the Union Trust Company, of Indianapolis, at close of business, June 30, 1932: OFFICERS. ARTHUR V. BROWN. President. JOHN E. REED, Vice-President, MERLIN M. DUNBAR, VicePresident and Tax Officer. CHARLES N. FULTZ, Vice-Presi-dent and Trust Officer. HARRY F. McNUTT, 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 Sccrctsiry ARTHUR V. BROWN JR., Assistant Secretary. GEORGE A. BUSKIRK, Trust Officer. CHARLES T. BLIZZARD, Auditor. RESOURCES. Loans and discounts... $ 5,272,211.21 Advances to estates and trusts 1,137,701.62 U. S. government securities 80,945.08 Other bonds, securities, etc. (market value).. 2,239,122.43 Banking house 138,000.00 Other real estate owned 86,180.71 Due from departments 95,478.40 Due from trust companies, banks and cash on hand 5,711,822.82 Stocks and bonds, safekeeping 195,577.54 Letters of credit, customers’ liability 62,640.00 Trust real estate 8,797,300.00 Trust securities 32,965,977.21 Mortgage notes securing, mortgage certificates 2,950,000.00 Total $59,732,957.02 LIABILITIES Capital stock—paid in. .$ 600,000.00 Surplus 2,000,000.00 Undivided profits—net. 372,961.45 Demand deposits,.. $8,328,703.47 Time certificates.. 896,256.67 Savings deposits.... 799,877.18 First lien trust deposits 1,000,324.86 Certified checks... 1,798.33 Due to banks and trust companies .. 503,069.74 Secretary’s checks.. 152.654.55 11,682,684.80 Reserve for taxes and interest 64,071.47 Premium reserve on bonds 5,993.00 Due departments 35,751.55 First mortgage certificates outstanding ... 2,950,000.00 Letters of credit and customers’ securities. 258,217.54 Trust investments 41,763,277.21

Total $59,732,957.02 State of Indiana, County of Marion, ss: I, Alfred F. 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 Ist day of July, 1932. GEORGE C. CALVERT, [SEAL] Notary Public. My commission expires March 23, 1934. Security Trust Cos. IRVING W. LEMAUX, President. GEORGE W. SNYDER, VicePresident. WILLIAM C. KASSEBAUM, Sec-retary-Treasurer. HUGH V. BRADY, Assistant Secretary. Condensed statement of the condition of the Security Trust Company, at Indianapolis, in the state of Indiana, at the close of business June 30, 1932: RESOURCES Loans and discounts $1,534,882.43 Overdrafts 130.42 Advances to estates and trusts 87,412.63 United States government securities 452,543.27 Other bonds and securities 1,174,516.42 Furniture and fixtures.. 16,650.00 Other real estate owned 119,700.57 Due from departments.. 23,706.57 Due from trust companies, banks and bankers and cash on hand 686,212.47 Trust securities 526,958.70 Total resources $4,622,813.53 LIABILITIES Capital stock $ 200,000.00 Surplus 200,000.00 Undivided profits 300.000.00 Reserves 62,324.55 Demand deposits $2,455,001.58 Time deposits 662,523.97 Trust deposits 180,236.40 Special deposits 290.98 Secretary and department checks 28,713.16 Certified checks 1,855.20 Due to departments 4.908.99 3,333,530.28 Trust investments 526,958.70 Total liabilities $4,622,813.53 State of Indiana, County of Marion, ss: I, William C. Kassebaum, secre-tary-treasurer of the Security Trust Company of Indianapolis, Ind., do solemnly swear that the above statement is true. WILLIAM C. KASSEBAUM. Subscribed and sworn to before me this Ist day of July, 1932. GEORGE C. CALVERT, [SEAL] Notary Public. My'commission expires March 23, 1934. Prison Helps Out Government By United Prent OSSINING, N. Y., July s.—Sing Sing prisoners are helping the federal government balance its budget; the l-cent postage boost effective today costs the inmates and prison $l9O additional each month. The pri n pays postage on one letter weekly for each prisoner; the prisoner pays all other postage costa. / > #

Report of the Condition of the Fletcher American National Bank of Indianapolis, in the State of Indiana, at the Close of Business on June 30, 1932 RESOURCES Loans and discounts $20,151,788.41 Overdrafts . 3,240.61 United States government securities owned.. 4,856,741.44 Other bonds, stocks and securities owned... 3,070,499.08 Customers’ liability on account of acceptances executed 9,130.85 Banking house, furniture and fixtures ~ 1,783,908.91 Real estate owned other than banking house 127,083.81 Reserve with Federal Reserve Bank 2,201,222.41 Cash and due from banks 7.419.790.34 Outside checks and other cash items 214,541.25 Redemption fund with United States treasurer and due from United States treasurer 120,955.00 Securities borrowed . 81.100.00 Other assets 118,548.77 Total .$40,158,548.88 LIABILITIES Capital stock paid in $ 3,600,000.00 Surplus 1,000,000.00 Undivided profits, net 620,441.19 Reserves for dividends, contingencies, etc... 10,580.77 Reserve for interest, taxes and other expenses accrued and unpaid 75,969.12 Circulating notes outstanding ' 2,419,100.00 Due to banks, including certified and cashier’s checks and cash letters of credit and travelers’ checks outstanding 5,416,912.26 Demand deposits 20,215,674.62 Time deposits 6,347,150.21 United States deposits 360,900.39 Acceptances executed by this bank for customers and to furnish dollar exchange 7,855.05 Acceptances executed by other banks for account of this bank 1,275.80 Securities borrowed 81,100.00 Other liabilities 1.589.47 Total $40,158,548.88 State of Indiana. County of Marion, ss: I, Elmer W. Stout, president of the above 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 first day of July, 1932. GEORGE C. CALVERT, [SEAL] Notary Public. My commission expires March 23, 1934. Correct attest: HERMAN P. LIEBER, W. HATHAWAY SIMMONS, GUY A. WAINWRIGHT. Directors.

OFFICERS Howard C. Binkley, President Joseph E. Reagan, T. S. McMurray, Jr., Eugene W. Short, Vice-Presidents. Malcolm Lucas, Vice-President and Trust Officer. Elmer W. Rogers, Secy.-Treas. Lucien L. Green, Asst. Secy.-Treas. William H. Polk, Asst. Secy.-Treas. Report of the Condition of the Bankers Trust Company Pennsylvania and Ohio Streets INDIANAPOLIS In the State of Indiana, at the close of business June 30, 1932. > RESOURCES Loans and discounts $ 918,631.43 U. S. and general market bonds and other securities 723,802.65 Cash, and due from banks 347,331.68 Overdrafts 77.58 Company’s building 1,203,419:49 Other real estate owned 87,871.65 . Furniture, fixtures and vault 22,257.52 Advances to estates and trusts 9,469.45 Due from departments 39,438.21 RESOURCES $3,352,298.66 Mortgages securing Mortgage Certificates.... 602,500.00 Trust securities and real estate 2,307,202.50 TOTAL $6,262,001.16 LIABILITIES Capital $ 500,000.00 Surplus and undivided profits 597,587.51 Miscellaneous reserves 48,167.94 Deposits $1,699,030.87 First lien trust funds 53,831.10 1,752,861.97 Balance purchase price of company’s building 437,500.00 Due to departments 16,181.24 LIABILITIES 3,352,298.66 Mortgage certificates issued 602,500.00 Trust investments 2,307,202.50 TOTAL $6,262,001.16 State of Indiana, County of Marion, ss: I, William H. Polk, Assistant Secretary-Treasurer of Bankers Trust Company, of Indianapolis, Indiana, do solemnly swear that the a bote statement is true. WILLIAM H. POLK. Subscribed and sworn to before me this 2nd day of July, 1932. GEO. C. CALVERT, Notary Public. ■ My commission expires March 23, 1934. DIRECTORS Joseph E. Reagan C. A. HUgenberg Victor C. Kendall Clarence A. Cook , Henry C. Thornton, Jr. T. S. McMurray, Jr. Martin McDermott Lewis A Coleman Howard C. Binkley

BABY LOSES 2 FINGERS Starts Electric Washing Machine, Gets Caught in Wringer. Loss of two fingers was suffered by Barbara Ann Pershing 2, daughter

of Mrs. Gladys Pershing, 1540 Ashland avenue, when the child’s hand was caught in the wringer of an electric washing machine today. The child, who started the machine in her mother’s absence, is in city hospital.

Report of the Condition of the Indiana National Bank of Indianapolis, in the State of Indiana, at the Close of Business on June 30, 1932. RESOURCES Loans and discounts $17,150,470.56 Overdrafts 17.39 United States government securities owned.. 7,123,885.38 Other bonds, stocks and securities owned.... 2,846,630.18 Customers’ liability on account of acceptances executed None Banking house and furniture and fixtures... 945.450.00 Real estate owned other than banking house 60,194.62 Reserve with Federal Reserve Bank 4,445,363.34 Cash and due from banks* 12,187,847.12 Outside checks and other cash items 91,942,06 Redemption fund with United States treasurer and due from United State treasurer 100,000.00 Acceptances of other banks and bills of . exchange or drafts sold with indorsements ! of this bank i None Securities borrowed ) Other assets 13,856.92 Total $44,965,657.57 LIABILITIES Capital stock paid in $ 2,000,000.00 Surplus 2,000,000.00 Undivided profits, net 708,992.91 Reserves for dividends, contingencies, etc.... 84,071.44 Reserves for interest, taxes and other expenses accrued and unpaid 65.16 Circulating notes outstanding 2,000,000.00 Due to banks, including certified and cashier’s checks outstanding 6,442,281.84 Demand deposits 19,203,195.24 Time deposits 12,244,487.25 United States deposits 282,563.73 Agreements to repurchase U. S. government \ or other securities sold \ Bills payable and rediscounts I Acceptances of other banks and bills of I exchange or drafts sold with indorsement l . of the bank ) None Acceptances executed by other banks for l account of this bank 1 Securities borrowed I Other liabilities / Total $44,965,657.57 State of Indiana, County of Marlon, 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 Ist day of July, 1932. GEORGE C. CALVERT, LSEAL] Notary Public. My commission expires March 23, 1934. Correct Attest: HENRY W. BENNETT, ARTHUR V. BROWN, FRANK D. STALNAKER, Directors.

Report of the Condition of tlie 4Fletckr4tust (Compang At Indianapolis, in the State of Indiana, at the close of its business on June 30, 1932. RESOURCES Loans and discounts $ 8,386,439.92 Overdrafts 450.68 Advances to estates and trusts 434,981.71 U. S. government securities 7,017,221.69 Other bonds, secur.tles, etc 4,743,777.26 Banking houses 997,780.54 Furniture and fixtures 112,653.13 Other real estate owned ................... 194,106.45 Due from departments 71,605.56 Cash in vault and in bank 6,257,365.24 Mortgage notes securing mortgage certificates guaranteed 264,100.00 Letters of credit—customers’ liability 9,425.00 Prepaid insurance 13,664.28 Accrued interest receivable 299,658 20 Total $28,803,229 65 LIABILITIES Capital stock paid in $ 1,500,000.00 Surplus 1,500,000.00 Undivided profits, net 179,981.73 $ 3,179,981.73 Demand deposits 8,877,966.02 Demand certificates 330.954.71 Time certificates 1,871,108.24 Savings deposits 11,236,812.09 First lien trust funds 387,386.29 - Special deposits 376,700.00 Certified checks 20,630.69 Due to banks and trust co’s.. 1,747,453.34 Cashier’s—treas. checks 146,669.88 24,995,681.26 First mortgage certificates outstanding guaranteed 264,100.00 Reserves 222,992.76 Letters of cred t outstanding 9,425.00 U. S. bonds borrowed 101,250.00 Due to departments 29,798.91 Total $28,803,229.66 State of Indiana, County of Marion, ss: I, Leland Crawford, treasurer of the Fletcher Trust Company, of Indianapolis, Indiana, do solemnly swear that the above statement Is true. LELAND CRAWFORD. Subscribed and sworn to before me this Ist day of July, 1932. GEORGE C. CALVERT. Notary Public. My commission expires March 23, 1934.

Killed in Italians’ Fighting By United Pre*t NEW YORK, July 5. —One man died today as result of flghti'- g be-

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tween anti-Fascisti and the Sons of Italy, said to be a Fascist organization, at memorial exercises here for Giuseppe Garibaldi, Italian patriot.