-U
HARMAN QUITS%
THE EQUITABLE
Frick Report RejectedExecutive
Board to ReorganizeRe-
quest of Hyde.
New York, June 3.Disputed claims
of victorv by the conflicting factions
in the Equitable Life Assurance socie
ty and an apparent readjustment of in
terests, marked the meetings of the di
rectors of the society held to pass on
the Frick report.
The only positive results of the meet
ing of which official announcement was
made was the rejectment of the Frick
report by a large majority, the resig
nation of Mr. Frick, Mr. Bliss and Mr.
Harriman from the board of directors
and the passage of the resolutions em
bodied in the following statement given
out by the board of directors after the
final adjournment:
The board, after full consideration and
after replies on their own behalf to com
mittee by President Alexander, Vice Pres
ident Alexander, Vice President Tarbell,
on motion of Mr. Schiff adopted the fol
lowing resolutionse
That a chairman of the board be cre
ated with plenary powers over all de
partments and affairs of the society.
Name Nominating Committee.
That a nominating committee consist
ing of D. O. Mills, John A. Stewart, A.
I Cassatt, T. Jefferson Coolidge, Augu s
tus Belmont, J. B. Forg an and Robert
T. Lincoln, be requested to report, at a
meeting of the board to be called on
Wednesday next, a candidate for chair
man.
That at the meeting the executive
board be reorganized and that appro
priate amendments to the by-laws should
be prepared for submission to that meet
ing for the purpose of carryings out these
resoltions.
That Mr. James EOazen Hyde be re
quested within thee months to divest
himself of the control of the stock of the
Eociety on such terms and conditions as
shall be satisfactory.
Hyde Turns on Foes.
The Post's report of the Equitable
meeting contains the following:
"Mr. Hyde was on his feet fully an
hour and attacked those who had made
allegations against him with the utmost
bitterness. He named in particular E.
H. Harriman and made him the object
of the most violent of his utterances.
It was also recalled in connection with
Mr. Hyde's attack on Mr. Merriman
today, that the young vice president
had declared at last Wednesday's meet
ing of the directorate, that he he had
been betrayed by his friends.
Mr. Alexander's defense did not deal
in personalities. He declared that the
report of the Frick committee fell
short, particularly in that it did not
deal with the question of mutualiza
tion. He declared that the alleged
waste and extravagance in .the manage
ment of the societv's affairs and in the
conduct of his office were results of
the system and one-man-power control
of the societv's affairs.
"From two distinct sources the re-
fhat
iort came to the Evening Post today
E. H. Harriman had made an offer
to Mr. Hyde for the latter's stock in
the Equitable since the report of Frick
committee was made on last Wednes
day. Efforts to verify these reports
we're unsuecessful. Neither Mr. Hyde's
friends nor Mr. Alexander's would dis
cuss them."
LA CROSSE, WIS.The state convention of
the Universalists of Wisconsin will be held in
this city June 26, 27 and 28. Among the
speakers will be Rev. M. D. Shutter of Min
neapolis.
Telephone: N.W.Alain 352-J.
1 Vi
WESTCHESTER FIRE INSURANCE COMPANY.
Principal office. New York City. (Organised
In 1837.) George B. Crawford, president Mo
rell Q. Brown, secretary. Attorney to accept ser
vice in Minnesota: Insurance Commissioner.
Cash capital, S3-)0,0O0.
INCOME IN 1904.
Premiums other than perpetuals.. $2,028,040.52
Bents and interest 122,443.28
Profit on ledger assets over book
values 60,726.84
Total incomo $2,211,210.64
DISBURSEMENTS' IN 1904
Amount paid for lc&ses $1,296,085.99
I Dividends and interest 160,000.00
'Commissions and brokerage 412,889.40
Salaries and fees of officers, agents
and employees 129,596.54
Taxes, fees and rents 71,344.80
All other disbursements 241,786.89
Total disbursements $2,211,203.62
Excess of income over dluourse
ments 7.02
ASSETS DEC. 31, 1004.
Value of real estate owned $56,976.17
Mortgage loans 823,200.00
Bonds and stocks owned 2,851,650.00
Cash in office and in bank 99,962.25
Accrued interest and rents 24,582.00
Premiums in course of collection.. 280,101.02
Total admitted assets $3,638,471.44
Assets not admitted. $14,104.01.
LIABILITIES DEC. 31, 1904.
Unpaid losses and claims $153,849.40
Reinsurance reserve 1,746,038.77
Salaries, expenses, dividends and
interest due 14,034.24
All other liabilities 80,169.90
Capital stock paid up 300,000.00
Total liabilities, including cap
ital $2,248,587.31
Net surplus 1.892,884.13
RISKS AND PREMIUMS, 1904 BUSINESS.
Fire risks written during the
year $252,490,680.00
Premiums received thereon 2,711,390.58
Net amount in force at end of
the year 836,655,331.00
BUSINESS IN MINNESOTA IN 1904
$2,389,212.00
82,578.54 20,239.52 19,524.89
406,059.00
2,252.58
2,745,271.00
84,826.12 20,239.52
19,524.89
Fire risks written
jS-Ns* Fire premiums received
ffifi Fire losses paid
^j/',. Fire losses incurred
jtL*j Tornado ^isks written
gsto Tornado-epremium'swritten received..
Aggregat risks
Aggregate premiums received
^Aggregate losses paid
ys Aggregate losses incurred....
-$ STATE OF MINNESOTA, ..n
9k Department of Insurance.
J^ Whereas, the Westchester Fire Disurance Com
ugfft pany. a corporation organized under the laws
ir:~ of New York, has fully
compliedrelativethte
The Bisbee easily distanced all of the
forty competitors in the Memorial Day
motor boat race at Minnetonka. Sh
covered the fifteen-mile course in the
new record time of one hour, eight min
utes and nineteen seconds, or forty-one
seconds better time than was made by
the Buster Boy last season. Both boats
were made in St. Paul and were run by
asolene engines made in Minneapolis.
lhe
MICHIGAN'S COPPER
NEWELL S. HEAD FRED S. HEAD
THE FRANKLIN FIRE INSURANCE COMPANY
of Philadelphia. Principal office, Philadelphia,
Pa. (Organized in 1829.) James W. Mc
Allister, president B. T. Cressin, secre
tary. Attorney to accept service in Minnesota:
Insurance Commissioner. Cash capital, $400,000.
INCOME IN 1904.
Premiums other than perpetuals.. $761,401.46
Premiums on perpetual risks 5,759.02
Rents and interest 119,438.60
Erom all other sources 1,275.50
Total income
Reclaimable on perpetual policies
Salaries, expenses, dividends and
interest due
Commissions and brokerage
with pro-under
ision of the laws of this state the
%\S admission and authorization of insurance compa-
*t! nies of its class,
ISsJ Now, therefore,oI,Minnesota, the undersigned,
jggg Commissioner, do hereby empower and authorise
gjJ* the saidt above named company to transact its
%& appropriate business of fire and tornado insur-
&2f
Stat
nc
accordinInsurance to the
%y laws thereof, until the thirty-first day of Jan
uary, A. D. 1906, unless said authority be re
yoked or otherwise legally terminated prior
thereto.
In testimony whereof, I have hereunto set
my hand and affixod my official seal at. St. Paul
tbJfl 31st day of January, A. D, 1905.
^THOMAS D. A'SBXBN,.
1. Insurance Commissioner*
Z3
THE^FIRST OF |THE AUTO BOATSij|?14 t^||MJ
^.w't:'-:
^APPEARS O N
THE BISBEE, WHICH WO N THE MEMORIAL DAY RACE
Max W Matteson of the Globe Iron Works Giving the Boat a Trial Run "for He
Owner, Richard Schall of DuluthShe Was Running 15 Miles an Hour When
This Was Taken.
Bisbee is a 27-foo launch with a
four-cylinder 20-horse engine and wasnieska.
THE ANNANDALE BASEBALL TEAM
WHICH IS MAKING A SPLENDID RECORD THIS SEASON.
The Production for the Year Is 208,-
329,000 Pounds.
HOUGHTON MICH.The actual fig
ures of production of Lake Superior
copper vary less than 80,000 pounds
from the estimate for the year given
Top Row, Commencing at LeftJ. Bartholomew, J. Walters, M. Davis, E.
Kertz, F. Nelson. Second RowR. Co field, H. Sano, H. Cofield, captain E.
Rudolph, J. B. Dally, manager C. Anderson, B. Thayer.
built for Richard Schall of Duluth.
Max W. Matteson, who ran the boat,
is now building a 40-foot launch to
carry 75-horsepower and expects to cut
the waters of Minnetonka early in
July at from twenty to twenty-four
miles an hour.
The Widgeon made the course from
scratch in one hour twenty-two minutes
and fifty-one seconds, while the third
best time was one hour forty-qne min
utes thirty-seven seconds by
SUCCESSORS TO N. S. HEAD & SON
209.210 PHOENIX BUILDING
We Write at Lowest Rates
Fire, Tornado, Plate Glass, Automobile, and Marine, Insurance
Minneapolis Agents for Following- Companies:
income $887,874.5&
DISBURSEMENTS IN 1904.
Amount paid for losses $549,012,26
Dividends and interest 79,430.00
Commissions and brokerage 185,506.41
Salaries and fees of officers, agents
and employees 35,235.75
Taxes, fees and rents 26,563.72
Loss on sale or maturity of ledger
assets 9,628.59
All other disbursements 129,037.70
Excess of disbursements over ln-
$1,014,414.43
126.539.85
ASSETS DEC. 31, 1904.
Value of real estate owned $228,000.00
Mortgage loans 80,548.00
Bonds and stocks owned 2,477,130.00
Accrued interest and rents 1,208.22
Premiums in course of collection..-.. 122,445.93
Total admitted assets $3,029,092.46
LIABILITIES' DEC. 81, 1904.
Unpaid losses and claims $69,741.26
907,116.18
570.00
29,491.32
400,000.00
Total liabilities, including cap
ital $2,103,904.46
Net surplus $925,188.00
RISKS AND PREMIUMS, 1904 BUSINESS.
Fire risks written during the year $75,210,432.00
Premiums received thereon 970,993.52
Net amount in force at end of the
year 111,344,184.00
BUSINESS IN MINNESOTA IN 1904.
Fire risks written I $2,012,586.27
Fire premiums received
Fire losses-paid
Fire losses incurred
38,413.91
16,185.43 22,119.00
STATE OF MINNESOTA,
Department of Insurance.
Whereas. The Franklin Fire Insurance Com
pany of Philadelphia, a corporation organized
the laws of Pennsylvania, has fully com
plied with the provisions of the laws of this
state relative to the -admission and-authorization'
of Insurance companies of its class.
Now, therefore, I, the undersigned, Insurance
Commissioner, do .hereby empower and authorize
the said above-named company to transact its
appropriate business of fire insurance in the
state of Minnesota, according to the laws there
of, until the thirty-first day of January, A. D.
1906, unless said acthority be revoked OB other
wise, legally terminated prior thereto.
In testimony whereof, I have hereunto set my'
hand and. affixed my official seal at St. Paul
this 31st day of January, A.,D. 1905.,,
.o,v /THOM'ASI,.XO!BRI3S}N.
Insurance Commissioner,
(the,
in this correspondence on Jan
aevtual output for the-"
FEDERAL INSURANCE COMPANY.Principal
office, Jersey City, N. J. (Organized in 1901.)
Percy Chubb, president Max Grundner, sec
retary. Attorney to accept service in Minne
sota, Insurance Commissioner. Cash capital,
$500,000.
INCOME IN 1904.
Premiums other than perpetuals... $1,085,618.23
Bents and interest 64,648.67
Profit on ledger assets over
book, values 464.44
From 611 other sources 2,469.46
"Total income $1,153,200.80
DISBURSEMENTS IN 1904.
Amount paid for loss.es $468,164.27
Dividends and interest 50,000.00
Commissions and brokerage ,,221,685.14
Salaries and fees of officers,
agents and employees 53,907.04
Taxes, fees ana rents 27,275.46
All other disbursements 29,867.29
^Total disbursements
Excess of income over disburse
ments
ASSETS DEC. SI, 1904.
Mortgage loans
Bonds and stock? owned....'
Cash-in office and in bank
Accrued interest and rents
Premiums in course o'f collection.
All' other admitted as&ets
Saturday Evening, SS8S*#&&^^ "THE-MINNEAPOLIS "JOURNALS June 3, 1905.
IIAKE MINNETONKA
-Photos by Sumner W. Matteson.
Min-
thre calendar1,- 'jrea
being 208,329,000 pounds of fine cop
per. This leayes a g^p of about 4,000,-
000 pounds only between Michigan, and
Arizona, and there was every reason, to
anticipate that Arizona would displace
Michigan and rank second only to Mon
tana as a copper producer, until the re-
$850,899.20
302,301.60
Total admitted assets $2,051,576.10
Assets not admitted, $43,040.67.
LIABILITIES DEO. 31, 1904.
Unpaid losses and claims.. $285,941.19
Reinsurance reserve -'320,427.1
Salaries, expenses, dividends and
interest due 21,500.00
Commission and brokerage 21,001.24
Special contingent reserve 175,000.00
All other liabilities 34,321'.24
Capital stoc-is paid up, 500,000.00
Total liabilities, including cap
ital $1,308,190.84
Net surplus 743,385.26
RISKS AND PREMIUMS. 1904 BUSINESS.
Fire risks written during the
^year $34,363,188.00
Premiums received thereon 452,549.46
Marine and inland risks written
during the year 567,128,770.00
Premiums received thereon 1,808 397 2
Net amount in force at end
i9f
ea
$65,731,430.00
BUSINESS IN MINNESOTA IN 1904
Fire risks
writtereceived.... Fir premiums
Fire losses paid
Fire losses incurred
$1,232,950.00
STATE OF MINNESOTA. --.u" H'"'
-14,177.38
626.76
5,604.76
"'r" d"
Department of Insurance. 4 frt ,A
Whereas, the Federal Insii/ance'Company a
corporation organized under the laws of New
Jersey. Has fully complied with the provisions
of the laws of this state, relative to the" ad
mission and authorization of Insurance companies
of its class,
Now, therefore, I, the undersigned, Insurance'
Commissioner, do hereby empower and authorize
the said above named company to transact its
appropriate business of fire insurance in the
State of Minnesota, according to the laws there
of, until the 'thirty-firsrt day of January', A
1906, unless saidf authority be'revoked or other
wise legally terminated prior thereto.
In, whereof, I have hereunto "set
afl xed J11
7
atestimony,
2
S?
official seal at*:St
ON BOARD THE BISBEE.
Those in the Boat Are Richard Schall, the Owner*.
Max Matteson, Who Held the Wheel Wood
of Duluth, Who San the Engine Dingle, Who
Built the Hull.
Before the races the Bisbee amused
itself by circling about the other boats
like a fly about a horse's head, and she
finished the race fifteen minutes ahead
of all, despite a handicap of forty-five
minutes taken by the first boats off.
cent accident at the United Verde mine.
If this mishap proves as serious as
stated in the press dispatches, the mine
will be out of commission for a year or
two, in which case Arizona will de
crease slightly in net production for the
year.
HENOMONIE, WIS.The trial of three men
charged with attempting to enter the Knapp
postoffice was held before Judge Florin. There
was not sufficient evidence and they were dis
charged. A Bilious Attack
Sick at stomach
Nauseated
Food won't digest
Lassitude Dullness
Try a bottle of
Red Raven
This aperient water re
moves the bile from the sys
tem, settles the stomach and
is a sure cure for biliousness
For sale everywhere
Price 15c
JOHN F. SCHURCH
Telephone:
Twin City, 2559.
ALLIANCE INSURANCE COMPANYPrincipal
Office, Philadelphia, Pa. (Organized in 1904.)
Charles Piatt, President. Henry W. Farnum,
Secretary. Attorney to accept service in Minne
sota: Insurance Commissioner. Cash capital,
$500,000.
INCOME IN 1904.
,Rents and interest $1,446.71
Total income DISBURSEMENTS IN 1904.
Taxes, fees and rents
All other disbursements
Total disDursements
Excess of disbursements over in-
come...
$30,000.00
1,366,423.39
4dO,854.81
15,421.21
238,206.08
610.61
Total liabilities including capi-
0
tal $500,000.00
Net surplus 500,585.34
STATE OF MINNESOTA,
Department of Insurance.
Whtreas. the Alliance Insurance' company, a
corporation organized under the laws of Penn
sylvania, has fully complied with the provisions
of the laws of this Btate.''relative to the ad
mission'and authorization of Insurance com
panies of Its class.
Now. therefore, I, the undersigned, Insurance
Commissioner, do hereby empower and authorize
the said above named company to transact its
appropriate business of fire insurance in the
State of Minnesota, according to the laws there
of, until the 81st day of January, A. D. 1906,
unless said authority be revoked or otherwise
legally terminated prior thereto.
In testimony whereof, I have hereunto set
my hand and affixed my official seal at St. Paul,
IhlslOtb, day'of April A. D. i006..
STATEMENT of the condition of the GERMAN
AMERICAN BANK of Minneapolis, MinnTTat
the close of business on May 29, 1905:
"..RESOURCES.
Loans and discounts soi a OAA 1
Overdrafts "fsld34
Total
Undivided profits, "net
Deposits subject to'
mv^nds'nnVaw.-.:::::
de
Expenses and taxes paid
Checks and other cash items...
Exchanges for clearing house...!
Notes of other national banks..
Fractional paper currency,
nickels and cents.
Lawful money reserve in bank,
Specie ^J'i^i
Legal-tender notes 7,000
Redemption fund
States treasurer
of circulation)
$1,446.71 $1,876.17
6,334.45
$8,210.62
8,763.91
ASSETS DEC. 31, 1904.
Bonds and stocks owned
Cash in office and in bank
$830,475.75
170,109.59
Total admitted assets $1,000,585.34
LIABILITIES DEC. 31, 1904.
Capital stock paid up $500,000.00
Total..
TKOMAS D. O'-BRIBK, *i
Insurance Commissioner^
STATE OF MINNESOTA,'
County of Hennepinss:
4.15
U. S. bonds* and other' bonds.'.'.'/.'.'.'.' 105 845"3
Furniture and fixtures H'SI "TO
Banking 8,041.76
Other ronllhouse otte
Othe rea estat
Cash on hand and due from banks!
000.0 0
10,000.00
240,963.23
.$1,213,272.96
LIABILITIES.
Capital stock
Surplus fund
idi
i58,1
P
CTUIit#
4
sl
-i1
5
425,703.4^ 8
Total deposits.
Total
f He
nn sPln.
K *i A-
.$1,045,928.11
..$1,213,272.96
ss
^ross-, presi
Sent' ^"fnly m-u u,,
mentis true
tb of my knowledge and
count* s.*ot^Sfr.
Charles Gluek,
Henry Doerr,
Directors.
npois, Mtan close oTTutSVV yM
190-*" jw#
Ca
1l
npolis Minn. at close ofTutS *a
nne
Superintendent. j*
Date of callV by Sbperlntende i
Date of report by Bank, May
1VVC. Date of rennrrf hv Rm.L- T 99 -non
RESOURCES.
Loan and discounts
Overdrafts Other bonds, stocks and'securities
Hanking house, furniture and fix
.tures
Other real estate.!!!!!*"!!*'"""
Due from banks .$130,073.22
Checks and cash items. 515.46
Exchanges for clearing
bouse 31,393.10
Currency $21,646.00
Gold 1,510.00
Silver 1,220.45
Fractional 363.S0
fift M1
?260
1
3
12,700.0 0
1,500.00
12,500.00
24.740.25
Total available assets..$186,722.03 186,722.03
Total..
$474,523.56
LIABILITIES.
Capital stock
Surplus fund _.
Undivided profits, net
Deposits subject to
check $328,981.48
Certified checks 300.00
Cashier's checks 7,080.44
Due banks
$60,000.00
6,000.00
y7,126.09
8,565.1 0
Total Immediate liabil
ities $344,927.02
Time certificates 56,470.45
Total deposits $401,397.47 401,397.47
Total. $474,523.56
STATE OF MINNESOTA,
County of Hennepinss.
I, C. E. Cotton, cashier of the above named
bank, do solemnly swear that the above state
ment is true to the best of my knowledge and
belief. O. E. COTTON,
Cashier.,
Subscribed and sworn to before me this 2d day
of June, 1905. H. D. DAVIS,
[Notarial Seal.] Notary Public.
Attest:
Wallace Campbell,
Geo. J. Sherer,
Directora.
REPORT of the Condition of THE MINNESOTA
NATIONAL BANK, at Minneapolis, In the
State of Minnesota, at .the close of business,
May 29, 1905.
RESOURCES.
Loans and discounts $383,516.75
Overdrafts, secured and unse
cured
United States bonds to secure
circulation
Premiums on United States bonds.
Stocks, securities, etc
Banking house, furniture and fix
tures
Due from national banks (not
reserve agents)
Due from state banks and bank-
50,000.00
4,940.00 3,555.00
STATEMENT of the Condition of SECURITY
BANE OF MINNESOTA, at Minneapolis,
Minn., at close of business on May 29, 1905.
Date of call by superintendent, May 29, 1905.Checks
Date of report by bank, May 29, 1905.
RESOURCES.
Loans and discounts $8,132,602.24
Overdrafts 7,890.60
United States and other bonds,
stocks and securities 142,677.39
Real estate 59,692.51
Due from banks $1,383,199.59
Checks and cash items 11,124.95
Exchanges for clearing
house 397,725.26
Currency ..$217,001.00
Gold 599,275.00
Silver 65,711.00
Fractional 14,808.68
896,795.68
Total immediate
assets .$2,688,845.48
Currency
Gold Silver Fractional
3,938.56
23,824.89 48,351.00
with United
(5 per cent
To
2,500.00
tal $564,559.49
LIABILITIES.
Capital stock paid in $200,000.00
Surplus fund 2,083.00
Undivided profits, less expenses
and taxes paid 6,519-00
National bank notes outstanding. 49,995.00
Due to other national banks 8,380.87
Due to state banks and bankers. 92,029.26
Individual deposits subject to
check 193,788.45
Demand certificates of deposit...
8,251.64.
Certified checks 55H
$11,031,708.22
LIABILITIES.
Capital stock $1,000,000.00
Surplus fund 350,000.00
Undivided profits, net 282,991.78
Dividends unpaid $370.50
Deposits subject to
check 5.759,612.79
Certified checks 47,474.14
Cashier's checks 177,534.14
Due banks 2,916,201.92
Total immediate
liabilities 8,901,193.49
Time certificates 497,522.95
Total deposits ...$9,398,716.44
9,398,716.44
Total.. ,.$11,031,70S.22
4-"-
I, J. S. Pomeroy, cashier of the above-named
bank, do solemnly swear that the above state
ment is true to the best of my knowledge and
belief. J. S. POMEROY, Cashier.
Attest:
Louis K. Hull, r*..*...
~-\iH. C. Akeley,
!C. C. Webber. *'**:-v.^
gfP^lf?PPI8if
|ANK STATEMENTS O ^MINNEAPOLIS
The Financial Center of the Northwest.
STATEMENT of the condition of HENNEPIN
COUNTY SAVINGS BANK, at Minneapolis,
Minn., at the close of business on the 29th day
of May, 1905:
RESOURCES.
United States bonds $100,000.00
Municipal bonds 1,217,469.75
Massachusetts state gold bonds 50,000.00
Premium on bonds 28.481.83
Mortgage loans 926,708.05
Loans and discounts 1,031,309.30
Overdrafts 2,196.63
Furniture and fixtures 100.00
Real estate 25,103.91
Cash on hand and due from banks.
Total
$100,000.00
50,000.00 17,344.85
1557
5
Demand certificates... I2mft9
Certified checks...! 2 686m
Cashier's checks.... 18866 82
Due to banks 28v
Time certificates or
LIABILITIES.
Capital stock $100,000.60
Surplus 60,000.00
Undivided profits 8,430.78
Deposits 8,505,743.89
Total $3,674,174.67
STATE OF MINNESOTA,
County of Hennepin, ss.
I, W. H. Lee, cashier of the above named
bank, do solemnly swear that the above state
ment is true to the best of my knowledge and
belief. W. H. LEE, Cashier.
Subscribed and sworn to before me this 1st
day of June. 1905.
W. H. BARBER,
[Notorial Seal.] Notary Public.
REPORT of the condition of THE SWEDISH
AMERICAN NATIONAL BANK, at Minneapo
lis, in the Sta+e of Minnesota, at the close of
business. May 29, 1905.
RESOURCES.
Loans and discounts $2,140,850.52
Overdrafts, secured and unsecured.. 3,393.40
U. S. bonds to secure circulation.. 250,000.00
Premiums on U. S. bonds 7,500.00
Bonds, securities, etc 160,791.98
Due from national banks
(not reserve agents) $151,220.51
Due from state banks and
bankers 166,139.90
Due from approved re
serve agents 760,518.54
Checks and other cash
items 4,443.34
Exchanges for clearing
house 157,862.30
Notes of other national
banks 2,000.00
Fractional paper cur
rency, nickel3 and
cents 838.90
Lawful money reserve
in bank, viz:
Specie 122.725.30
Legal tender notes 83,614.00
Redemption fund with U. S. treas
urer (5 per cent of circulation)..
1,863.38
.$14,692.00
3,135.00 1,968.65
864.44
Total available assets.. .$121,754.78
Other resources
24,603.73 11,172.64
204.71
5,218.38
845.00
25.45
Total immediate lia
bilities $246,434.04
Time certificates 67,720.29
8
Cashier's checks outstanding.... 2,560.50
Total. $564,559.49
STATE OF MINNESOTA,
Countv of Hennepin, ss:
I, H. G. Merritt, cashier of the above-named
bank, do solemnly swear that the above state
ment is true to the best of my knowledge and
belief. H. G. MERRITT, Cashier.
CorrectAttest:
Joseph W. Molyneaux,
John McCulloch,
F. L. Williams, Directors.
Subscribed and sworn to before me this 1st
dav of June, 1905.
[Notarial Seal.] GEO. V. B. HILL,
Notary Public, Hennepin County, Minnesota.
e5ts
hiv6^se
W^^^M^^^^W'^W^^^^^VPS
^f
ri
V,
20,660.09
Total deposits .,....$314,154.33 314,154.33
Total.. $395,073.30
STATE OF MINNESOTA,
County of Hennepinss.
I, A. A. McRae, cashier of the above named
bank, do solemnly swear that the above state
ment is true to the best of my knowledge and
belief. A. A. McRAE, Cashier.
Subscribed and sworn to before me this 2d
day of June, 1905. OLAF N. OLSEN,
[Notarial Seal.] Notary Public.
Attest:
A. M. Woodward,
J. D. Holtzermann,
Directors.
REPORT of the condition of THE FIRST NA-
TIONAL BANK, at Minneapolis, in the State
of Minnesota, at the close of business. May 29,
1905.
RESOURCES.
Loans and discounts $10,053,824.08
Overdrafts, secured and unsecured 25,346.88
U. S. bonds to secure circulation 875,000.00
U. S. bonds to secure U. S. deposits 175,000.00
Bonds, securities, etc 418,715 00
Due from national
banks (not reserve
agents) $754,598.37
Due from state banks
and bankers 278,430.88
Due from approved re
serve agents 1,488,161.4ft
and other cash
items 68,813.00
Exchanges for clear
ing house 410,004.35
Notes of other national
banks 12,500.00
Fractional paper cur
rency, nickels and
1,444.40
Lawful money reserve
in bank, viz:
Specie 702.423.00
Legal tender notes.. 106,460.00
Redemption fund with U. S. treas
urer (5 per cent of circulation)..
Total
i A
2,688,845.48
11,5913
Cashier's checks out-'^69,676.12
rr
8,lan,dl
S 1
United States deposits. ^129.002.89
Deposits of U. SV dis- W^
burelng officers ....1345,569.47
Bonds borrowed
Total-
STATE OF MINNESOTA.
County of
i
A
Subscribed and BWOTO to before me this 1st
day of June, 1905.
BERNICE FELTON, Notary Public.
(Notarial Seal.)
It was true yesterday, it is true $
today, it will be true tomorrow
that a Journal want ad will "d $
$ the business'* all over the north
west. Only 2c a word.
FHennepinsss. ,V2f*e*
,v:
^ne
'i
m^i
STATEMENT of the Condition of ST.
Exchanges for clearing
house
Currency Gold Silver Fractional..
292,805.20
$3,674,174.67
.$30,356.00
28,915.00
2,640.00
2,135.03
a T905
(Notarfa?AS^.)W"
1,441,362.79
"12,500.00
Total $4,016,898.69
LIABILITIES.
Capital stock paid in $250,000.00
Surplus fund 100,000.00
Undivided profits, less expenses and
taxes paid 46,735.81
National bank notes outstanding... 240,050.00'
Due to other national
banks $424,597.56
Due to state banks and
bankers 436,165.84
Due to approved reserve
agents 56,660.62
Dividends unpaid 30.00
Individual deposits sub
ject to check 1,959,957.79
Demand certificates of
deposit 888,699.31
Certified checks 81,863.72
Cashier's checks out
standing 132,638.04
3,379.612.88
Total $4,016,398.69
STATE OF MINNESOTA.
County of Hennepinss.
I, F. A. Smith, cashier of the above-named
bank, do solemnly swear that the above state
ment is true to the best of my knowledge and
F. A. SMITH,
belief.
!,_ Cashier.
and' sworn to befor.eNELSONs
daSubscribed, of June 1905
[Notarial Seal.]
CorrectAttest:
C. S. Hulbert,
C. M. Amsden,
N. O. Werner,
Directors,
me thi 2d
OLI
Notary Public.
STATEMENT of the condition of SOUTH SIDE
STATE BANK at Minneapolis, Minn., at close
of business on May 29, 1905.. Date of call by
Superintendent, June 1, 1905. Date of report
by Bank, June 2, 1905.
RESOURCES.
Loans and discounts $246,838.S2
Other bonds, stocks and securities.
Banking house, furniture and fix
tures
Due from banks $69,406.19
Exchanges for clearing
house 31,688.50
10,000.00 11,500.00
U. S. Bonds borrowed
Total
121.754.78
4,979.70
Total $395,073.30
LIABILITIES.
Capital stock $50,000.00
Surplus fund 30,000.00
Undivided profits, net 018.97
Deposits subject to check.$162,451.23
Certified checks 1,991.54
Cashier's checks 4,591.54
Due banks 77,399.73
3,822,837.45
43.750.00
.$15,414,478.41
LIABILITIES.
Capita, stock paid in
Surplus fund
Undivided profits, less expenses and
taxes paid
National bank notes, outstanding*
Due to other national
banks ...$2,807,520.04
Due to state banks
and bankers 1,576,097.17
Due to trust companies
and savings banks... 174,612.50
Dividends unpaid 88 00
Individual deposits sub
ject to check 5,308,813.65
Demand certificates of
deposit 714,826.17
Certified checks
.-5
$2,000,000.00
1,400,000.00
Total
127,781.10
847,995.00
10, 697.22
..$15,414,473.41
tt* bore-named
J.^
iJ
nf' iof,!?2em^1t7,.e"
to
SS&
.."^.-"i'l
Igowledge and
W be, above state-
be
belief. &&-~l!jfcj$ O^ORGE V ORDE,
Subscribed^ mkti to before mfftif3d
[Notarial- Seal.] v""~
CorrectAttest: K*
rK E. PennlngtoriT"
?$ Albert C. Lorins,
George C. BagTey,
Directors.
'i
AN-1r-
THONY FALLS BANK, at Minneapolis, atP
close of business on May 29, 1905. Date ot
call by superintendent, May 29. Date of reports*
by bank, June 2.
RESOURCES.
Loans and discounts,,. $884,358 93
Overdrafts 1,049.76
Other bonds 104,731.21
Banking house, furniture and fix
tures 40,000.00'-
Due from banks $81,795.96
Checks and cash Items. 27,501.65 31,086.0? 64,046.03
Total available
assets $204,429.71
204,429.71
Total.... $1,234,569.61
LIABILITIES.
Capital stock $125,000.00
Surplus fund 72 500 00
Undivided profits, net in 777'2
Deposits subject to
check
Demand certificates...
Certified checks
Cashier's checks
Due banks
$745,255.93
10,836.04
3,738.02 1,872.09
84,765.24
Total Immediate
liabilities $796,467.32
Time certificates 229,824.67
Total deposits $1,026,291.99
Tota
1,026,291.99
.j^.... $1,234,569.61
STATE OF MINNESOTA,
County of Hennepinss:
I, Joseph E. Ware, cashier of the above
named bank, do solemnly swear that the above
statement is true to the best of my knowledge
and belief. JOSEPH E. WARE, CasaierT
Attest:
Hiram A. Serlver,
W. P. Washburnn,
Directors.rOW
do| STEE
Nota
the stflt^f J?NAX\BAjarc.
at Minneapolis, in
tte
a
May 29, 19^
eS
RESOURCES.
Loans and discounts S7
Overdrafts and unsecured 8867T
IT'
^S?dlssecureedu
circulation.. 250,00o'.0aR324937 0
ser
S bond to secure C. S. de-
XLi. bonds"on'hand".*. "J'K
Stocks, securities, etc 497 12581
Banking house, furniture and fix
tures
Due from national banks"
(not reserve agents). .$767,17702
Due from state banks
and bankers 51,742.43
Due from approved re
erve agents 814,251.79
Checks8 and other cash
^f111
250,000.00
13,558.88
Exchanges for cleartng-
house 431,684.14
Notes of other national
banks 69,690.00
Fractional paper curren
cy, nickels and cents 78.57
Lawful Money Reserve in
bank, viz:
'PecIe
485,73955
Legal tender notes 227,000.00
._ 2,850,917.18
Redemption fund with U. S. treas
urer (5 per cent of circulation) 12,500 00
Due from U. &'. treasurer, other
than 5 per cent redemption fund 29 122.00
Total .$11,360,795.62
LIABILITIES.
Capital stock paid in $1,000,000.00
Surplus fund 500,000.00
Undivided profits, less expenses and
taxes paid
National bank notes outstanding...
Due to other national
banks $2,470,757.31
Due to state banks and
bankers 1,468,406.38
Due to trust companies
and savings banks... 242,879.98
Dividends unpaid 382.00
Individual deposits sub
ject to check 4,587,527.70
Demand certificates of
deposit 465.251.97
Certified checks 11,787.92
Cashier's checks out
standing 6S.152.57
United States deposits 6S.000.00
212.649.75 250,000.00
9.383.145.87
15,000.00
....$11,360,795.63
STATE OF MINNESOTA,
County of Hennepinss.
I, Joseph Chapman, Jr., cashier of the above
named bank, do solemnly swear that the above
statement is true to the best of my knowledge
and belief. JOSEPH CHAPMAN, JR..
Cashier.
Subscribed and sworn to before me this 1st
day of June. 1905.
[Notarial Seal.]
CorrectAttest:
G. W. Van Dusen,
E. S. Woodworth,
E, C. Cooke,
Directors.
I. BELDEN.
Notary PubU
~'L
REPORT of the condition of the NATIONAL
BANK OF COMMERCE, at Minneapolis, in the
stale of Minnesota, at the close of business
May 29, 1905:
RESOURCES.
Loans nnd discounts $4,982,569.27
Overdrafts, secured and unsecured.. 10,257.01
U. S. bonds to secure circulation.. 200,000.01
Bonds, securities, etc 43,000.00
Banking house, furniture and fix
tures 275,000.00
Due from national banks
(not reserve agents).. .$313,740.92
Due from state banks and
bankers 216,072.61
Due from approved re
serve agents 983,779.31
Cheeks and other cash
items 27,031.91
Exchanges for clearing
house 306,292.59
Notes of other national
banks 18,583.00
Fractional paper currency,
nickels and cents 4,082.32
Lawful money reserve in
bank. viz.
Specie 554,421.00
Legal-tender notes 95,686.00
2,519,689.66
Redemption fund with U. S. treas
urer (5 per cent of circulation).. 10,000.00
Due from U. S. treasurer, other than
5 per cent redemption fund 6,000.00
Total $8,046,515.94
LIABILITIES.
Capital stock paid in $1,000,000.00
Surplus fund 300,000.00
Undivided profits, less expenses and
taxes paid 41.669.41
National bank note* outstanding... 200.00n.00
Reserved for unearned interest 30,000.00
Dua to other national
banks $1,810,520.50
Due to state banks and
bankers 864,015.46
Due to trust companies
and savings banks
Due to approved reserve
agents
Dividends unpaid. -J
Individual deposits-sub- __
ject to check........ 3,388,254.67
Demand certificates" of
deposit 128,504.06
Certified checks 25,476.50
Cashier's checks out
standing 43.867.75 64,815.51
147,434.58
1,057.50
6,474.846.53
...$8,046,515.94
STATE OF MINNESOTA,
County of Hennepinss.
I, A. A. Crane, cashier of the above-named
bank, do solemnly swear that the above state
ment is true to the best of my knowledge and
belief. A. A. CRANte,
Cashier.
Subscribed and sworn to before me this 2d
day of June, 1905. RALPH G. COLYER.
[Notarial Seal.] Notary Public.
CorrectAttest:
6. H. Bauman,
E. C. Warner,
F. W. Lyman,
Directors. j/*\
REPORT of the condition of THE GEKMANIA
BANK of MinnetpoUs at the
close- o.f
May 29, 1905:
,*otal
Notary Public.
The Journal is delivered into
more Minneapolis homes than any
other paper. Tha,t ia.why it ive
the best results to advertisers. It
pays best. A
business
RESOURCES. "W
Loans and discounts
Overdrafts United States and other bonds.
Furniture-and fixtures
Real estate
Cash and checks
.$274,105.54
1,142.24
1.850.0O 2,177.40
None.
88,976.27
..$368,841.54
$50,000.00
24,131.80
294,209.74
4....
Capital stock
Surplus and profits
Deposits ..If.... .4.
Total $368,841.54
STATE OF MINNESOTA,
County of Hennepin.
I. O. E. Naegele. cashier of the Gennanla
bank of Minneapolis, do solemnly swear that the
above report and statement is true, to the best
of my knowledge and belief.
O. E. NAEGELE, Cashier.
CorrectAttest:
L. PauUe,
H, Vogt.
Sworn and subvarlbed before me tbte Sd day C
June, 1905. .jr CHARLES A. TTJLLER,
Notary Pubila.
"i