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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Feb. 26, 1912)
-J 10 TTIE MOItXlXfi OREGOXIAX, MONDAY. FEBKUART 26, 1913. ELKS AND AO MEN GO NORTH TONIGHT Purple and White Colors to Signalize Trip of Boosters for National Convention. SEATTLE WILL BE STIRRED I rank Hennessey Will Be Garbed la Official Lodge H urn. Accompan ied bjr VooalWU to Sine Song. Ronsln? Time PromlieJ. Purpl and wMit tha official Elk color. will b substituted for tne rtx illation red by the I'ortland Elks and Ad Men who will depart tonight for Sattl to decorate that city In honor of tha Elks' National convention in lortUnd nest July. -Paintlcr tha town red" Is a prac tic that both tha Elka and tha Ad Men have Indulged In on numerous oc casions, but were they to use that color on the Seattle trip It la learea mat the prime object of tha excursion advertising tha July convention would not be sufficiently emphasised. So tha vermilion paint will be left at home and a plentiful supply or pur ple and white material will be taken alonv. Purple and white programmes. parcla and white ribbon ana stream ers. puri'le and white bata and purple and white booklets, tans, slims and literature will be carried In trunks and suitcases. Frank O. Hennessy Is aoinr to mark the topnotch of purple and white enthusiasm by wearing; a purple and white ault of clothes. Clef bee Will Attract Xetlce. Hennessv. It will be remembered. was tha star attraction of the Elks convention at Atlantic City last Sura mer. when he paraded the famous board walk with handsome purple and white garments made of silk and sans; the now popular sons;. "Portland Wants Ton in 112." He baa had made an other ailk ault of the same colors, which, with a purple and white silk hat, will cause the people of Seattle to pay attention. Ha will be accom panied by a quartet of Elk vocalists, who will sin three or four sones that have been written especially for the occasion. Attired In this brilliant array, Hen nemiey will Invade the Seattle hotels, clubs, theaters and business places and slna the soon that are Intended em pltatlcally to remind people of the forthcoming; National fathering In the Horn Cltv. While Hennessy will be en raced In this laudable occupation, the remaining members of ttvo party will not be idle. Hut that part of tb programme Is In the hands of the Seattle Elks and the Seattle ad men. They have provided a series or entertainments that will not allow of a sins;! dull second from tha time th Portland special train arrives early tomorrow morning until It loaTee at mldntvht to return home. Breakfast at the Seattle Hotel, automobile trips over Seattle's famous boulevard sys tem, luncheon with the Seattl Ad Club, entertainment at the Arctic Club, din ner at a cafe and a banquet at the Kilts' hall are a few of tha features. I'ertlaadera te Tell Plaaa. Th .principal function of the day till be th Seattle Ad Club's luncheon at which a number of Portland's orators will tell of the plans bring made bere in entertain (O.OOe Elka during the week of July $. Joseph Bletbon. who was here last wek. announced that the Ad Club, of which he la president, was arranging a number of original "take of fa on several prominent Port land ad men and Elks, but he shut up like the proverbial clam when Harry McAllister anked to be let In on- th secret Probably It has to do with the ceremonies attending the Initiation of six Portland men Into the Order of Ben Bits. McAllister, Mayor Rushlight, John B. Coffey. C It. Moore. Tom Rich ardson and Oeorre M. Hyland have been selected for that ordeal. Among tue portiandera who will tell their beat tie friends of the magnitude of the con ventlon are C. K. Henry. Dr. Harry F. .McKay. I. Soils Coben. Gus C Moser, r. iv. Jiuoii. v . Ai. uevis ana Harvey u nrjrin. All ad men and Elks will attend tha "Oct Rich Vlulck Walllngford- show at the Helllg Theater tonight, which performance Is to be riven under the auspices of the Ad Men's Club. The special train will leave the Vnlon Depot at mianignt over the O.-W. K. N. line. The return trip will be made over tne Northern Pacific. three ocean-going vessels, which must extra men will be brought here. At least half of these men have families and the Chamber of Commerce baa been asked to take steps toward aecurlec houses for the men who will brlnar their families with them. The rush In the shipbuilding business will be greater this season than lor many years past. The Chamber of Commerce also baa received from Portland a proportion from .a firm that wanta to establish a plant for manufacturing cement blocks. Outside firms have also an nounced that they want to open addi tions here and build houses to sell on the Installment plan. The Chamber of Commerce has appointed commit tees to make arrangements with the outside capital Becking Investment here. Vessel's Broken MaM Reon. Captain H. Thompson, of the schooner C 8. Holmes, haa reported to the hrdrographic office that on February bla vessel passed what appeared to be the broken mast jf a echooner. Tha niate waa fto feat long, with the cross- arms attached to It and was seen In I latitude 41.47 north and longttutae 1I9.S4 west. It la not unlikely that the piece of wreckage Is from the Bchooner Ruth E. Godfrey, which Is long over due from Tocopllla lor Puget bound. 'Marine Xole. The steamer Breakwater arrived last night from Coos Bay with freight and naatenffers. The Tort of Portland bar tug Wat- lula received her annual Inspection yesterday and has been placed in com mission a rain. After taking on a partial cargo of flour here for the Orient, the Kritisn ateamshlp Suverlc will go to Fuget Sound and finish at Tacoma. After taking on SOO.000 feet of lum ber here the steamer Francis Leggett will finish at the mill of the Hammond Lumber Company for San Pedro. - The steam schooner Klamath arrived yesterday from San Francisco with freight and pnssengera and will load lumber at St. Helens for a return. The steamer Alliance arrived yes terday from Eureka and Coos Bay with frelsht and passengers after having been delayed for a couple of days by being bar bound. The steam schooner Northland ar rived yesterday from San ranclsco 1th a cargo of cement for the Oak- street dock. She will load lumber at Rainier for San Pedro. The British steamship Purley. which haa been on Puget Sound for aome time, baa taken on fuel coal at Nanal mo. and passed Cape Flattery yester day momfng for Portland- She is un der charter to Balfour, uutnrie -o. to load grain for Europer Movements or Vessels, Astoria, Feb. 55. Condition at the mouth ef the river at 6 p. at. Weather, cloud jr; wind nortbweet. 4 miles; sea, .mouth. Ar rived at S and left up at : A. M. riteam- er Breakwater, from Coos liar. Arrlvea at S and left ua at 3 0 I'. M. steamer Al liance, from Coos Hay ana tunii. csu-w 3 SO P. it. Steamer coaster, ror eaa Franc leco. Haa FrancJsea. Feb. SS. Arrived Bteam- er Km Ot. from 8ao Pedro. sailed ai II A- M. Steamer Roqulam. for Portland. Ttoo.h 'eb- 2i. PaaMd out Hi-Utah steamer Parley, from Naaalmo. for Portland. fcan rraocteco. Feb. 24. Arrived Bleam- mr llooulm from nan Pedro. Sallad at I P. M. steamer JoBsa pouisen. lor rtrarao, at P. M. Btearaer Aur.Ua. for Columbia fUvar. Arrived at mldmaht Steamer Lauy Uulibr. from Columbia Itlvsr. can Pedro. Feb. 5. Balled eieainer oeo. W. Kld.r. for Portland. Arrived acnooner Xnkotula. from Portland. Uandon Fvb. 24. called HJaeoune scnoon- er Tillamook, fur Portland. Astoria. Feb. 24. l-.fl no as P. M. steamer Northland. Seattle. . IS. Arrived elaamar prince Rupert, from Prince Rupert: Atlas, from Vancouver. H. C: Oravwood. from I Francisco. Sailed t-ieamer Prince Rupert. lor Pnnee Rupert. San Francisco. Feb. S6. Arrived et.am- er Dal.y Cadaby. from Columbia Ktver; president, from Montara: col E. L uraae and Barf S3, from beaitle. called Steam er Jim Putler. for Everett; scnoonera mow and llurft-aa, for Port Oamble: air Oaks, for Cras Harbor: Kalnl.r, for Wlllapa: Ho qulam. for Portland; Hoe City, for Astoria. Lrfie Ancalee, Feb. 14. Arriveo uacamaw. from Balboa; Panama and Alpena, from BvaratU Sailed Coos Bay. for San Francisco; Temple E. Door, for Gray. Harbor; Ban don, for Coquille River: Esther Uuhne, for Co- qullle River. Ttdes at Astoria Moeday. Itlsh 'Wster. Low Water. JO A. M tl feot 1:41 A. at 0.7 feet . P. M i.J feet, ' Statement of Condition of Lumber mens National Bank OF PORTLAND At Close of Business February 20th, 1912. RESOURCES Loans and Discounts $3,101,603.35 Overdrafts 3.29016 U. S. Bonds to Secure' Circulation 2o0,000.00 Other Bonds and Premiums 412,510.66 Furniture and Fixtures . 2o,000.00 Due from U. S. Treasury 12,500.00 , Due from Banks 590,097.68 , CnshonHand 813,667.39 1,416,265.0? . Total .".v $5,208,671.24 LIABILITIES Capital $1,000,000.00 Surplus and Undivided Frofits : 110,281.77 Circulation 242,200.00 Dividends Unpaid 78.00 Deposits 3,856,111.47 Total.'.,. , $5,20S,671.24 YUAN STILL SECURE Confidence of People in New President Is Manifest. CAPITAL ISSUE UNDECIDED "Forbidden City" to B Converted Into Government Enclosure Ac cording to Present Plans. Great . Park Provided. 1ALLY KETEOBOIaXilCAL REPORT. PORTLAND. Or.. Fab. 35. Maximum tem perature. 44 decrees; minimum temperature, X derreea. Hirer reading. A. aC 11 feet; cbanae la laat 3t hour.. -U,S feet; total rain fall te t. H. to f. al., trace; total rain fall alnce September 1. 1911. ST. ST inchea; normal rainfall alnce tieptvmber 1. S1.02 Incbea; deficiency of rainfall since Septem ber. 1. 111, S.i Inches, foselbls sun. nine, 10 hours &4 minuiea. Barometer traduced tae sea level at 3 P. M.. 10.24 Inches. TATIOMB GALE DAMAGES FULITZER I'ilot Sihooner Forced to Ron Be fore Wind Off Oregon Coast. Ia the serer srales ff the month of the Columbia, last week the pilot scnooner josepn funtzer founcj It nec essary at times to ran before the wind, and even with this precaution she re ceived damage sufficient to fore her to come into port lor repairs. The principal Injury was tha carrying- away of an Iron band on tha bow sprit, to which tha bobstaya are made fast. It Is reported to have been the worst storm that she haa experienced In several years. It Is expected that she will be abla to return to tha station within a couple or AST.. CAPTIIV PAKSOXS TAKES ILL M.ter of Bar Ta( Tatooh Sudden ly Stricken. t hen the bar tu Tstoosh came In side Saturday nlshu from a cruise off trip mouth of the river. It was found that her master. Captain K. H. Parsons. kal been taken suddenly til and had to be taken to a hospital. Sunday after noon a report came from Astoria that his attending physician pronounced that Us waa sufferlns: with an attack of pneumonia and that his condition was ayrtotl. Captain Parsons Is a robust, strong man who always takes the best rare of himself. Captain Charles T, Bailey, ef tne r-uset found Towooat Company. who had been In Portland for several days, was telephoned for yesterday to return to Astoria to take command of the Tatoosh. Ftotee ... boatoa . 1'alf are Chicago ...... lenver ....... Dee Moines.... Duluth i:ureka ....... Galve.ton .... Il.tena Jarkeonvllte .. K.nM. cur... Mar.litield ... Montreal New Orleans.. New Torn North Heart... North Yakima. phoentx pocac-llo Portland ...... Hoeebure fiacramcnte ... l.uuts St. Paul It Lake .n t.so Ban Frmnciaco. Spokane Taroma T.too.h T.land tValla Walla... Washington .. Winnipeg ..... 2 W"d :? o -J " e Flats et Weather ,....1 40 0.Ki 4 N IClear ....44U.OO It Pt. eloudr S4 0.00 14 NE Cloudy S" n.SJ R S 'Know SZ O.uo So NE :now 14O.0-), NB .Clear 8OO.00' IN Pt. cloudy 0 o.ix) lo vf clear S'lO.Oo 14 w -oudy ho.no NE PC cloudy u.tM3rt.N now 64 0.u j ( loudy 2.' On:' 4 NE IClear JIO.WWS jcioudy Clear 44 o o 4 NWjCloudy 41 u.f 4 V ;C!oudy i.i: i v M lear 4 Sff Clear T. i E Sprinkling x 4 B :ioudy PEKIN. Fab. 15. Tha government Is preparing: aa elaborate reception for the delee-atton of Kepubllcans who are cumlng here under the leadership ot Tang- Phao Tl from Nankins; to notify Yuan fcnl Kal of his election as presi dent. Tha people, however, seem Indiffer ent respecting tha visit. Telegrams have been received from various sec tions of the country, embodying vari ous proposals with respect to the fu ture capital. It Is believed that Tuan hl Kal la inspiring this secretly with the object of dividing the South on the matter of the location of the capital. While Yuan Shi Kal realizes the Im perative need of uniting the country, be Is proceeding confidently In the knowledge that he possesses the means of converting or politically defeating his opponents. Apparently tha country Is strongly In favon. of Ynan Shi Kal as president. Many soldiers who ara not Repub lican have given their full adherence to the President-elect and Yuan Shi Kal holds the confidence of both Man chus and Chinese, which probably In dicates that the suspicion that he was double-dealing for the courts over throw was unwarranted. The great Republic of China," will be tha official title of the country here after. Including Thibet, Turkestan Mongolia and Manchuria. It has been virtually derided to convert the For bidden City Into a government enclos ure. where all the offices will be sit uated. When the Empress Dowager and tha Emperor depart, the extensive grounds about the Winter palace will be converted Into a public park. LEWISTON FIRM ACCUSED Commercial Trnst Company Is in Bankruptcy Court. MOSCOW. Idaho, Feb. 25. (Special.) An involuntary petition In bank ruptcy waa filed bere Saturday against the Commercial Trust Company of Lewlston. Idaho, by the West Coast (Security Company of New Jersey, In the Federal Court, for the northern district of Idaho. It Is alleged that tha assets of the defunct trust company have been sac rificed to the Bank of Commerce of Lewlston, which was organized by the officers of the trust company. The ...(41 1 f---o tfiO.oo' 4 NE IClesr 4i O. U 14 F. Jtain ;i'.ooi;v 'cloudy .-M O.oo 12 sw Clear . o . oo lo VWVleur ftv.l SW iCIear 0 0 ; e S 'Cloudy 44 o.o: 4 sw ;'loudr 44 0.24 6 K )Clouly 44 O.Oo 4 fCloudy M 0.01 4 W jcioudy 2 0.02; X '-Clear COOS GETS SDIPBriLDERS Ordera for Three Vessel to Be) BoIIt to Cau Inflnx. MAKSHHE IS. Or.. Keb. 15. pe nal ) Sixty shipbuilders will arrive en Coo Bay soon to take positions with Krone Pan Vs. who operate a.ilpyard at North Bend. The Arm hi been bu.y for the last year, but aa tbey cow have contracts for building WEATHER CO.NDiTlO.Na A disturbance of considerable energy Is ntral over Oklahoma and overllea the en tire eoulh-central portion of the United I male. aejeniif mprroinpi arv Tnifu over Alberta and the extreme Northwest, while hlrh pree.ure obtains In other sections, wttnln the last 12 hours Hcht precipitation haa occurred In Western Washington. Brit. lah Columbia, tbe southern Kockr Mountains, southern plalna states, the lower Mississippi and Ohio Valleys. North Carolina ud upper Mlchlran. Heavy snow has fauea in Kan sas and Missouri. A thunderstorm occurred at Kansas City, and high winds were re ported from Kansas and central Texas. The weather is cooler ia tne casta siatea ana from the plateau states northeastward to the St, Lawrence Valley. It Is warmer la Alberta. Northern Montana. Southwestern Colorado and In tbe southeastern states ex cept along the SouUt Atlantic Coast. Tha conditions are favorable for ooca- oaal rain Monday .In Western Waahlnstoa. showers In Western Oregon and for showers or snow flurrtea In Eastern Washington and Northern Idaho. Southeasterly winds will prevail. FOKECABT8. Portland and vicinity Monday, shower.: southeasterly winds. Oregon Monday, fair east, showers west portion: east to southeast winds. w ashingtoa Moaaay. occasional raia west, showers or snow flurries esst portion; southeasterly wlnda Idaho Monday, fair south, showers or snow flurries north portion. THKODORB i DRAKE. Acting LHslrtot forecaster. Paving in Port land will cost less in the long run and give better satisfac tion when bitu lithic is adopted generally. J. C WILSON & CO. itocka bond, c.mrs and cotton MEMBERS rw York sioik ExrHiyoa. IllH YOKK (OIIli.V L.CHA.oa tHICAC.U BO Attn OF 1UAUIL TBE BlULK A.M BOM) k.Jkl U-CNGC SAti FRAMlbCO. Vara ofOreeltUs Mid . Haa Fnarlu-. Breech offices taaeaa.er. beat lie, remand. Lee Aacetre. aaa aiieca, Cw. aaailv nai h rOKTUNO omcii Hala near Lamberasens Bsjik Balldlaa. Sch and bterk. rs.ae. alai.li.il 41SU. A-4U1, THE BARBER ASPHALT ?AVTNQ COMPAXY Cotst-ucts Asphalt and Oler Bitu minous Pavemesta. SOO-OOH EUeetrte Bids, Portland. Or. Oaltav Unber, Maaasjer. West Coast Securities Company Is owned principally by New York men and claims to hold $419,875 of the Com mercial Trust Company's notes. It is alleged that 24.00i worth of the Valley Lumber Company's stock waa owned by the Commercial Trust Company and was sold to the Bank of Commerce of Lewlston for $10,000 and that a Judgment against the Com mercial Trust Company for $15,000 was obtained by the Bank of Commerce for $1000. The president of the Commer cial Trust Company was J. M. Keat lnpr. who was also one of the control ling stockholders of the Bank of Com- merr-n when It was orKanized. Elmer Eastwood, now acting receiver of the stit. Hank of KendrlcK. was secre tary. A female goat lives on an average of 10 years and gives a quart of milk a Undon has 50 theaters llceneert (or thj performance of singe plays. jtl -""" J..r,..ttv fnr SO.S43 t.ersons. and 48 music halls capable of seating 08.783. SYNOPSIS OF THE ANNUAL STATEMENT OF THE flERMANIA LIFE INSURANCE COMPANY of New York. In the State of Now York, on the 31st day of December, 1911. made to the Insurance Commissioner or tne state ui uieguu, v"'""- e ,..r.i r..M ' $ J00.000.00 I.YCOME. Premiums recHved during; the year .$5,6i6,806.o9 Interest, dividends, and rents received during the year .................... 2,10 1 .539.45 IQCUiu. irviu uiuei svu.uvo .xcawu ww...a -" " ' - . .ot a e Total Income 7,9G3.8-7.4S DI S B UR P E.ME" TS. Paid for losses, endowments, annuities and ur- render values "'''2sl,S,2 Dividends paid to policy holders during- the year... 26.045.96 Dividends paid on capital stock during the year... 24.000.00 Commissions and salaries paid during the year.... 933,3h2.r.o Taxes, licenses, and fees paid during the year.:.. ll'iil'l? ABIiiuiU ui ill uuici t v. - . CtJI Total eiDunditurea 6,541, t9Z.i ASSETS. Market value of real estate owned i'2??'J?? X Market value of stocks and- bonds owned 8.813,910. ii Loans on mortgages and collateral, etc 26,863.3 .9.L0 Premium notes and policy loans '?i loiS'i- Cash In banks and on hand 483.;.86.4a Net uncollected and deferred premiums HU.ool.J- Other assets (net) Interest and rents due and accrued S5'?II'i? ... 14S.7S6.131.91 Total assets 'admitted' in' Oregon 46.786,131.91 LIABILITIES. Net reserve $39,386,638.00 Total policy claims ?:?'J2o .7 All other liabilities..... ............... .......... 547.588.41 n .. .. n .1 jtvi,iAni1 fiinHft .nrnlUH funds).... 6.5J6.i51.69 " .i TihTii.i. $ 46.7S6.131.91 Total Insurance In force December 81. 1911 $131,722,260.00 nrvivEW IV n R FiJflV FOR TUB YEAR. Total risks written during the year $ 142,500.00 Cross premiums received during the year J4. 315.04 Losses paid during the year iHKnnX' InrurreH durlnsr the year 19,150.00 n-n..i amn.int nf ri.ke mi t atandln r In Oresron December 31. 1011 " $ 885,863.00 The Germania Life Insurance Company By CARL HEYE, Secretary. Statutory resident general agent and attorney for 'service: FRANK HAYEK, S14 Lumber Exchange Building, Portland, Oregon. CONDENSED REPORT OF The United States National Bank PORTLAND, OREGON Submitted t: the Comptroller of the Currency at the Close of Business February 20, 1912. ASSETS Loans and Discounts $ 6,412,676.54 United States Bonds at Par 1,054.100.00 Municipal and Railway Bonds 1,309,45-3.86 Bank Buildin 125,000.00 Cash and Exchange 4,089,209.27 $12,990,441.67 LIABILITIES Capital $ 1,000,000.00 Surplus 750,000.00 Undivided Profits '. 214.559.S3 Dividends Unpaid - . 30,797.50 Circulation 757,450.00 Deposits 10,237,634.34 $12,990,441.67 STATEMENT Ok' MERCHANTS SAVINGS & TRUST COMPANY AT CLOSE OF BTJSIXESS FEBRUARY 20, 1912 RESOURCES. I-oans and Discounts Stoiks and Bonds Overdrafts Real Kyt&te. Furniture and Fixtures Due from Other Banks Cash on Hand Total Amount Resources LIABILITIES. Capital Stock Paid Surplus and Profits, Les Kxpenses and Taxes Paid. Deposits, Individuals and Banks $334, 949.10 70.724. 45 None 21.892.1 1 S3.287.35 53.164.18 $764,017.19 $150,000.00 . 21.674.32 C92.342.87 Total Amount Liabilities $764,017.19 The Canadian Bank of Commerce U'CORPOUATUI 1807. Lead Office Tor pro, eaaafa. JTew Torlt IS Exr Loa4oar a Lombard Street. Over two hundred other branches In the United States and Canada. Svery care taken of collections. Lfaft on all foreign countries and prla cipal cities In United States ul Cksada tooujfnt and sold, and a futnl ssklns business transacted. Interest Allowed oa Time aad Special Deposits. PORTLAND BRANCH, SECOND AND STARK STREET) F. C. MALPAS. Mauacer. REPORT OP THE CONDITION OP Portland Trust Company of Oregon At the Close of Business Feb. 20, 1912 RESOURCES Loans and Discounts $1,473,960.37 Stocks and. Bonds 573,387.42 Real Estate, Furniture and Fixtures 171,000.00 Cash and Due from Banks 648,494.15 Tofal $2,866,841.94 LIABILITIES Capital Stock $ 300,000.00 Surplus and Profits, Iess Expenses and Taxes Paid 73,879.13 Deposits, Individuals and Banks 2,492,962.81 Total $2,806,841.94 OFFICERS H. L. PITTOCK, President F. W. LEADBETTER, Vice-President EMERY OLMSTEAD, Viee-Pres. and Manager H. W. HAWKINS, Secretary EDGAR H. SEXSENICH, Cashier DIRECTORS H. L. PITTOCK, -Chairman J. D. FARRELL JOHN TWOHY F. W. LEADBETTER L. B. MENEFEE DR. A. S. NICHOLS EMERY OLMSTEAD J. FRIEDENTHAL A. F. FLEGEL Hibernia Savings Bank Of Portland, Oregon Statement, February 20, 1912 RESOURCES Loans and Discounts. . $1,483,246.83 Real Estate. Banking House Furniture and Fixtures. . . 67.fi99.24 Stock and Securities.. 432.69 Bonds and Warrants U. S. Government 4 per cent bonds $ 58.01S.75 City of Portland Imp'v't Bonds 305,400.25 City of Seattle Water Bonds 5,000.00 Other Bonds and Warrants 17.774.70 386.193.70 Due from Banks 386,242.75 Cash on Hand : 206.630.23 $2,532,445.48 LIABILITIES Capital Stock ,. $ 200.000.PO Surplus and Undivided Profits 74,012.79 Dividends Unpaid 176.00 Savings and Time Deposits $1,378,442.84 Demand Deposits 879,813.85 Total Deposits 2.258,256.69 $2,533,445.48 OFFICERS AND DIRECTORS. Andrew C. Smith, President: Lansing Stout. Cashier; John Driscoll, Frank E. Dooly, Vice-President; C. B. Sewall, Asat.-Cashler; E. C. Goddard. CONDENSED REPORT OF First Nationa February 20, 1912 I Bank RESOURCES ' Loans and Discounts Bonds Bank Premises Cash and Exchange . Capital Stock .. Surplus Circulation .... Deposits LIABILITIES .$ 7,739,426.73 . 3,106,972.77 70,000.00 . 5,386,783.43 $16,303,182.99 .$ 1,500,000.00 . 1,055,661.22 458,335.00 . 13,289,186.77 $16,303,182.99 REPORT OF THE CONDITION of Merchants National Bank PORTLAND, OREGON at the Close of Business February 20, 1912 RESOURCES Loans and Discounts United State- Bonds Other Bonds, Stocks and Warrants Real Estate and Mortgages , Furniture and Fixtures Cash and Due from Banks LIABILITIES Capital Stoch Surplus and Undivided Profits National Bank Notes Outstanding Dividends Unpaid Deposits .$1,626,639.41 . 400,000.00 ,. 517,599.74 . . 19.936.54 9,078.43 . 1,144,894.36 $3,718,148.48 ...$ 500.000.00 .. 144,569,21 . . 247,000.00 827.30 ... 2,825,751.97 $3,718,148.43 STATEMENT OF LADD & TILTON BAN At Close of Business February 20, 1912 RESOURCES Loans and Discounts $ 7,432,091.98 Bonds and Stocks 3,961,935.85 Real Estate 77,629.71 Cash on Hand and Due from Banks 4,215,961.17 Total $15,687,618.71 LIABILITIES Capital Stock Fully Paid $ 1,000.000.00 Surplus and Undivided Profits 821,167.45 Reserve for Taxes 40,000.00 Total Deposits 13,826,451.26 0 Total $15,687,618.71 i