The star-progress., October 25, 1919, Page 4, Image 4

About The star-progress. (Opelousas, La.) 1917-1921

Image provided by: Louisiana State University; Baton Rouge, LA

                
STATE BANKS SHOW
MUCH PROSPERITY
BY STATEMENT
Institutions Report of Recent
Date Show Increase of $60,
202,041 for Fiscal Year
PROSPEROUS WAVE
HAS HIT THEM ALL
Louisiana's Tremendous Re
sources Given Wide Pub
licity by Institutions
The combined resources of the 221
state lianks in Louisiana at the close
of business September 23 shows an
increase of $15,763,339 during the
last quarter, according to a state
ment issued last Saturday by L. E.
Thomas examiner of state banks. For
the year ending on that date the in
crease in resources was $60,202,041.
Since September 25, 1916, the in
crease has been $146,182,512. To
tal resources on that date were $281,
518,044.
Mr. Thomas says in his statement
the resources of the nine New Or
leans state banks totaled $175,065,
324.53, an increase within the last
three months of $8,744,478.85; an
increase of $41,453,750.88 since Sep
tember 18, 1918—a period of twelve
months; an increase of $75,093,557.
33 since September 25, 1917, a peri
od of two years; an increase of $92,
268,280.62 since September 25, 1916,
a period of three years; and an in
crease of $101,268,258.71 since Sep
tember 21, 1915, a period of four
years. This amounts to an increase
in the resources of the state banks of
New Orleans within the last four
years of 130 per cent.
The resources of the 212 state
banks of Louisiana outside the city of
New Orleans totaled $106,453,620.
07, amounting to an increase within
the last three months of $7,018,861.
12; an increase of $18,748,290.62
since September 18, 1918, a period of
twelve months; an increase of $37,
549,577.27 since September 25, 1917,
a period of two years; an increase of
$53,372)552.30 since September 25,
1916, a period of three years; and a
increase of $57,513,168.33 since
September 21, 1915, a period of four
years. This amounts to an increase
in the resources of the state banks of
FINE FARMS FOR SALE!
A 230-acre Farm, with good residence, tenant houses,
bams, deep well and other improvements, near the nor
thern outskirts of Opelousas. Can be bought at a fair
price if the deal is closed soon.
We also have a 96-arpent farm near Lawtell; a 350
arpent plantation in Plaisance; a 100-cre farm in Belle
vue; a 200-acre farm near Opelousas, and other fine
country and town properties for sale.
See us now, if you want one of these bargains.
ST. LANDRY REAL ESTATE AGENCY
(W. J. and L. B. Sandoz, Managers.)
121 West Landry Street, — — — Opelousas, La.
HIGH GRADE
MEAL and
HULLS
FOR SALE
Let us serve you again as we
have in the past-WITH THE
BEST. A shipment of fresh hulls
and meal has just arrived.
Phone or write us your order.
Our price will sell you.
Opelousas Ice & Bottling
WORKS
PHONE 77. OPELOUSAS
Louisiana outside the city of New Or
leans within the last four years of
practically 120 per cent.
individual deposits subject to check
have increased $8,306,809.15 during
the last three months, although a de
crease of $1,192,761.46 is shown in
bank deposits during the same period.
Deposits of all kinds on September
23, 1919, aggregate $222,092,986.
39, compared with $210,163,142.33
on June 30, 1919, an increase of $11.
930,844.06. During the three months
preceding June 30, 1919, deposits
all kinds increased $ 14 , 450 , 186 . 82 , or
a total increase during the last six
months of $26,391,030.88. Individ
ual savings deposits show an increase
for the quarter of $3,720,449.69.
United States bonds, represented
almost entirely by Liberty bonds own
ed by state banks on September 23
1919, amounted to $24,236,394.85
an increase in such holdings since
June 30 last of $1,324,231.76. Total
bond holdings, including United
States bonds, Louisiana spite bends
and all other bonds, stocks, securities
etc., now amount to $47,256,148.79
an increase over the figures shown on
June 30, 1919, of $5,226,693.17.
All the state banks on September
23, 1919, had total loans amounting
to $150,580,703.33, representing an
increase of $13,331,387.82 during
the last quarter. Loans increased $7,
275,927.76 during the period March
14, 1919, to June 30, 1919, which is
an increase for the last six months of
$20,607,315.58.
Reserves of cash on hand and in
other banks shows a decrease since
June 30, 1919, of $1,266,135.11, but
notwithstanding this slight decrease,
reserves are $21,275,909.31 in excess
of legal requirements. The law re
quires reserves of cash on hand and
in other banks amounting to 20 per
cent of demand liabilities, whereas
the banks on September 23, 1919, had
such reserves amounting to 33.4 per
cent of their demand liabilities.
Bills payable and rediscounts
amounted to $19,650,113.93 on Sep
tember 23, compared with $16,947,
649.44 on June 30, 1919, showing an
increase of $2,702,464.49. These lia
bilities, however, during the three
months preceding June 30, 1919, de
creased $4,159,956.77, amounting to
a total decrease during the last six
months of $1,457,492.28.
Undivided profits, less expenses
and taxes paid, aggregated $4,047,
524.26 on September 23, which is an
increase of $776,071.03 over figures
shown June 30, 1919. Reserve for in
terest and taxes on September 23
was $775,081.22 against $766,760.
84 during the last three months.
The following consolidated state
".V**
.. %
A . .
Every Dot
represent« Ten
Satisfied
Del co -Light User»
More Than 75,000 Satisfied Users
DELCO-LIGHT was designed and built by men who
were raised in farm homes—who experienced the dis
comforts and inconveniences of farm life—and who set out
deliberately years ago to develop an electric plant that
would provide city advantages for rural communities.
They were the same men whose engineering talent had
made DELCO Starting, Lighting and Ignition Equip
ment for automobiles the standard of the world—
They knew electricity—and they knew the needs and
limitations of farm life—
They knew that an electric plant to give service in a
farm home must be simple, so that it would not get out
of order and require complicated repairs—
It must be easily operated and require little attention—
It must be very economical in operation—
It must be built to stand hard usage and it must last
indefinitely—
It required five years to develop a plant that would
measure up to these specifications.
There were five years of hard engineering effort back of
DELCO-LIGHT before the first plant was put on the
market three and a half years ago. •
Today DELCO-LIGHT is furnishing the conveniences
and comforts of electricity to more than Seventy-five
Thousand farm homes.
It is providing an abundance of clean, bright, econom
ical electric light for these homes. It is furnishing power
to pump water, operate washing machine, chum, sep
arator, vacuum cleaner, electric iron, milking machine,
and other small machinery.
And everywhere it is demonstrating its wonderful efficien
cy—find actually paying for itself in time and labor saved.
DELCO-LIGHT
A compte* electric Üght and power plan! for forma and country h o m a e,
md.f.cranking— air cooled— baU baaringe—mo bete— only one pla ce to
Qa-Tk&PU*#t—Lo*9 Li ** d Battery-RUNS ON KEROSENE
L. S. Melton, 1513 2nd St. Alexandria, (Dealer)
G. M. Foos, 207 3rd St. Baton Rouge, Distributor
way, Oajtoa* Oiaio, Maher» of DELCO-LIGHT BxoimZz,
t i I
Tho Domartir i T n«i —riof
ment shows in detail the resources
and liabilities of the banks:
RESOURCES:
Demand loans.....$ 40,420,098.81
Loans secured by
mortgage ....... 22,379,684.35
Other loans and dis
counts ......... 100,780,920.17
Overdrafts secured. . 405,569.54
Overdrafts unsecured 1,072,033.17
United States bonds 24,236,394.85
Louisiana state bonds 291,293.42
Other bonds, stocks,
securities, etc.... 22,728,460.52
Banking house, fur
niture & fixtures 6,917,341.30
Other real estate
owned.......... 1,926,772.21
Cash items........ 604,570.05
Reserve in federal
reserve bank .... -7,712,471.31
Due from banks and
bankers (other
above) ......... 33,469,501.52
Checks for clearing
house .......... 5,272,478.70
Checks on other bnks 223,800.27
Gold coin ........ 214,170.55
Gold certificates ..... 200,125.00
Silver, nickel and
copper coin ..... 1,017,317.11
National bank notes
and all issues U.S.
government (ex
cept gold cert.) , . 4,654,078.00
Customers' liability
on letters of cred
it and acceptances 6,534,444.89
Suspense acct. 357,418.85
Total ........$281,518,944.59
LIABILITIES:
Capital stock pd in. .$ 18,205.660.46
Surplus .......... 9,328,394.68
Undivided profits,
less expenses and
taxes paid ......
Unearned disent. . .
Due to other banks &
bankers ........ 23,859,037.77
Dividends unpaid . . 50,666.09
Certified checks .. . 615,170.95
Cashier's checks out
standing ........ 1,335,809.65
Individual deposits
subject to check.. 126,660,792.62
Demand certificates
of deposit ...... 1,150,266.99
Trust funds on de
posit ........... 4,268,479.75 j
Individual savings
deposits ...----- 49,049,325.00 j
Time certificates of >
posit ....... T... 12,524,987.45 '
4,047,524.26
375,954.16
Certificates of depos
it for borrowed
money ......... 205,899.18
Bills payable...... 18,029,240.24
Notes and bills re
discounted ......'. 1,620,873.69^
Liability on letters of
credit and accept
ances .......... 6,882,979.49
Reserved for inter
est and taxes ..... 775,981.22
Bonds borrowed .... 210,250.00
Amount due to per
sons not included
in foregoing .... JJ,372,609.00
Total ........$281,518,944.59
F R SALE —Five pairs young Mis
so
souri mules fifteen and one-half j
hands high, In first class shape and
at a bargain. J. P. SAIZAN, Opelou
sas, La. octl8-tf
T respass notice—T he public is
hereby notified that hunting and
trespassing on my properties in the
Port Barre neighborhood is forbid
den. Violators will be prosecuted
according to law. J. P. SAIZAN, Op
elousas, La. octl8-6t
j
j
'
FOR SALE
184 arpents of land, known as the
Edmond Deville place.
240 arpents between Raoul LeBour
geois and Calendry.
1 six horsepower engine and boil
er (portable).
PIERRE MISTRIC,
oct. 4-tf Opelousas, La.
NOTICE OF
ADMINISTRATION
ESTATE OF EDWARD NELDARE.
No. 7054, Probate Docket, Sixteenth
Judicial District Court, Parish of
St. Landry, Louisiana.
Whereas, Alva D. Hanks has ap
plied to be appointed adminisrtator
of the above numbered and entitled ;
estate- and
estate; and,
Therefore, notice is hereby given
to any and all interested parties to
show cause, if any they can or have,
in writing, in this office within ten
days of the first publication hereof,
why the prayer of the said petitioner
should not be granted.
By order of Court dated October
—, 1919.
HENRY LASTRAPES, JR.,
octl8-2t Clerk of Court.
n
RENT—Residence of L. J.
Dossmann, on Market Street. Ap
ply to CHAS. VENTRE. octll
SUCCESSION SALE
ESTATE AUREL1EN V ALLAIRE
No. 7040, Probate Docket, Sixteenth
Judicial Dstrict Court, Parish
.... of St. Landry, Louisiana.....
By virtue of an order of Hon. B. H.
Pavy, Judge of the Sixteenth Judi
cial District Court of the State of
Louisiana, in and for the parish of
St. Landry, and pursuant to a com
mission of said court issued thereun
der, directed to the undersigned ad
ministrator, or any duly qualified
auctioneer of St. Landry parish, there
will be sold at public auction, to the
last ahd highest bidder, for cash, at j
the last residence of th*e deceased, in
Mallet, St. Landry parish, Louisiana,
on
SATURDAY, NOVEMBER 8, 1919
at 11 o'clock a. m a the following de
j scribed property, to-wit:
"Mary,
rT "-—
First—Fifty (50) arpents, more
or less, of prairie lands, with buid
ings and improvements thereon, sit
uated at Malet, St. Landry parish,
Louisiana, and being the last resi
dence of the deceased, and bounded
North by property of Finnin Der
banne ; South by lands of Arthur
Bellard; East by lands of Ozeme Le
jeune and West by lands of Arthur
Bellard.
Second—One grey mare named
Third—One top buggy.
Fourth—One jack screw.
Fifth—One lot of agrcultural im
plements.
Sixth—Growing crop of cotton.
Seventh—Corn in the field.
Eighth—One branding iron.
CYRIAC VALLIARE,
oct4-6t Administrator.
MEETING OF CITY COMMITTEE
Opelousas, La., Oct. 9, 1919.
Notice is hereby given that the
Democratic Executive Committee of
the City of Opelousas, Louisiana, will
meet at the office of the Mayor, in
said City, on SATURDAY, OCTO
BER 25, 1919, at 10 o'clock in the
forenoon of said date, for the pur
pose of ordering that all nominations
for elective municipal officers shall
___________ ________
be by ir primary eïe*rtion~heïd*for the
purpose, and to fix the date for the
holding of said primary election, and
to transact such other business as
may properly come before said Com
mittee.
, H. D. LARCADE, SR.,
Chairman Democratic Executive
Committee of the City of Ope
lousas, La.
Attest— H. BODEMULLER,
Secretary.
r :s
ti
SPASS NOTICE— Hunting or
trespassing on my Linwood Plan
tation, near Opelousas, is positively
forbidden. Violators will be prose
cuted. M. D. CHANOVE. octl8-6t
»
Cotton Seed,
Hulls and Meal.
We have a fresh shipment of Meal and
Hulls. Get our price before you buy.
Don't feed Mixed Feed, Bran, etc.—
MEAL and HULLS are CHEAPER and
produce more MILK.
A TRIAL WILL CONVINCE Y(
MARKET PRICE PAID FOR C<
TON SEED.
QUALITY, SERVICE, CORRECT
WEIGHTS—OUR MOTTO.
OPELOUSAS COTTON OIL
» »»■» » »»■»fr»»
I FOR SALE
200 Gallons of Pure Cane
. Syrup at $1.25 per gallon.
JOHN DORE, Leonville,