Morning Oregonian. (Portland, Or.) 1861-1937, January 02, 1905, PART THREE, Image 35

Morning Oregonian., January 02, 1905, PART THREE, Page 35, Image 35

Image provided by: University of Oregon Libraries; Eugene, OR

About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 2, 1905)

Prev Page of 52 Next Prev Issue Next Text PDF JP2 (6.5 MB) Clip/Print Image

Return to Top

Prev Page of 52 Next Prev Issue Next

Newspaper Page TextLadd & Tilton, Ban KH KrW CAPITAL $250,000.00 Responsibility $5,000,000.00 CAPITAL $250,000.00 Responsibility $5,000,000.00 Transacts a general banking business. Interest allowed on Time Deposits. Collections made at all points on favorable terms. Letters of Credit issued, available in all parts of the world. Sight Exchange and Telegraph Transfers sold on New York, Washington, Chicago, St. Louis, Denver, Omaha, San Francisco and various points in Oregon, Washington, Idaho, Montana and' British Columbia. Exchange sold on London, Paris, Berlin, Frankfort, Hong Kong and all points in the Orient. The Oldest Banking Institution on the Coast bear on the enterprise, but it can and will be done. Pacific University at Forest Grove Is making: preparations for an educational exhibit. The cordiality of the business men and farmers in support of the women Insures the success of the enterprise. The plans for the exhibit have not been fully matured, but the present purpose Is to make displays of different products on special days in their season. Small jars of canned fruit will be given away, and prunes in some form will probably be served. It Is the purpose to arrange excursions from Portland to various points in the county to show our Eastern visitors the fertile fields, green-clad hills, giant trees, the fragrant, uncqualed roses, and the peace and plenty of tho Pacific Coast of Oregon and of our own "Washington County. MRS. -WALTER HOGE. Meatpacking . Center. REALLY tlie only check on the expan sion of tho livestock Industry In Ore con Is the restricted home market and the distance from any outside market There are three packing-houses in the state, but the proportion of hogs packed Is not in proportion to that of cattle and sheep, the annual shipments of pork products from tho East aggregating about 100.000,000 pounds a year. Yet Oregon has admirable scope for growing hogs and with an ade quate home market could double the product In one year. With more packing-houses to supply the whole consumption of the Pacific Coast and the Orient, Portland would enjoy the advantage over the East of the freight on meat from the Missouri River west, which In H.62& per 100 pounds. In supplying California it would also gain the differ ence between the rato from Chicago, much is $2, and the small local rate from Portland to Han PrancUco. At the. same time the stockmen of Oregon would save 70 cents per 100 pounds In freight and shrinkage on the 6tock they now ship to Eastern packing centers. The rapid growth in population of the Pacific States assures an expanding mar ket to the industry, while ocean shipments can be made to Alaska, Hawaii and the Orient. It is universally recognized that tho close of the present war will mark the opening of an era of unprecedented growth in trans-Pacific commerce, accom panied by an increased consumption of meat by the Orientals and by the Euro pean colonies on that side of the ocean. This opportunity has been recognized by home capitalists, who have Joined bands with J. J. Cahlll, an experienced packing house manager, in organizing the Colum bia Basin Stock-Yards Company, and will thi6 year erect a large, modern plant in Portland. TO MONEY SAVERS "THE OLpEST TRUST COMPANY IN OREGON." 'wilt pur 4 per cent Interest on any ston ;on certincates or xepom to run tweir monthe straight. For euro ox jaw ana upwards we Issue our Corpon Cartlfi- i catrs or Deposit to ran lor o yean. with interest at 4 per cent, as per emt.anmiat couvans attached. Tr L sums or $300 and upwards, we Issue our Special Certsncatea or Deposit. payable on vv csy cau wiu interest at 4 per cent, i nese are luuy as scribed In our book of WuttraUoM, which n will nd you. we wel come email sums In our 6arlnxa Department, and pay 8-per cent tlnterest. corresponaence solicit- Led All questions, answered by , . personal letters. Portland Trust Oo. of Orecea. 108 Third Street. kBBXJ J. COHEN. President. J II. u. riTTOCK. v.-Yres. B. L.EB PAGET. Boa 3 O. OOLTRA Asst. Secy. Wells, ' Fargo & Co. BANK CASH CAPITAL AND SURPLUS $16,000,000 HOMER S. EDiO, President, San FrsJadsc." B. LEA BARNES, Cashier, Portland. WALTER A. HOLT, Ass't Cashier, PorUsxd. The Farmers & Traders NATIONAL BANk LA GRANDE, OREGON Organized October. 1S90. Capital Fully Paid Up $60,000.00 SURPLUS AND UNDIVIDED PROFITS $17,000.00 Its hanking house Is the most modern and complete of any bank ing house in Eastern Oregon. Its motto is Success. Its officers are aggressive, yet conservative. Directors: . JOSEPH PALMER G. E. McCULLT GEORGE ACKLES J. IV. SCRIBER C. J. ECRIBER ST. JOHNS on the Portland Harbor. Paring last three years has obtained indus tries ancrcratinc an investment of oxee $ 1,000.000 and a payroll of 438.000 per month. Ita population has grown from 200 to 2000. IVe Euaranteej as Increase) In value of 20 per cent during oealajr year on prop erty purchased or money refunded frith C per cent Interest. Write for booklet. HART5IAN. THOMPSON POWERS. 8 Chamber of Commerce). HEAD OFFICE 65 Old Broad St London. BRANCHES Sam Frucisce, Port ias. Tacoma and Seattle. London and San Francisco Bank (LIMITED.) CHAMBER OF COMMERCE BUILDING PORTLAND, OREGON Capital Authorized - - - S2, 500,000 Capital Paid Up - - - - - 1,400,000 Capital Reserve Fund - - - 1,050,Q00 CAs constituted by act of Parliament.) This bank transacts a general banking business, makes loans, dis counts bills and issues letters of credit available for travelers and the Purchase of merchandise in any city of the world: deals in .foreign and Jomestic exchange and pays Interest on time deposits. W. A. MAO XAE, Manager. Merchants National Bank Portland, Oregon United States Depositary Capital $250,000 ' Surplus and Profits $135,000 Deposits $3,250,000 .OFFICERS AND DIRECTORS J. FRANK WATSON, President R. L. DURHAM, Vice President R. W. HOYT, Cashier GEO. W. HOYT, Asst. Cashier C. E. SMITH, FRED S. MORRIS, R. D. INMAN Issues Drafts and Letters of Credit available in all parts of the world. Accounts of Banks, Pinns and Individuals solicited. Collec tions a specialty. The officers of this bank will be pleased, to meet or correspond with those who contemplate making a change of their banking con nections or opening new accounts. ETery accommodation given which responsibility and balances warrant. EQUITABLE SAVINGS AND LOAN ASSOCIATION CHAS. EL LADD, Pre 1 dent. THEO. B. WILCOX, Vice-President. EDW. COOKIXGHAX, 2d VIce-Prea. CLARKXCE GRANGE, General Manager. F. XcKERCHER, Secretary. F. R- COOK, Asslt. Secretary. An Institution of the people, and conducted by men of eminent busi ness and financial standing-, In the Interests of Its members. A mutual concern in that all earnings arc credited to its sharehold ers, and that the small shareholder receives the same advantages and the same proportionate earning as the large Investor. Unlike other mutual associations, it has a Reserve Fund, -which cannot be -withdrawn until all shareholders are paid and all other claims fully liquidated; thus Hhareholdcra are guaranteed against all loss. Borrowers receive contracts -without any complications, under which they repay in a stated number of monthly payments, the amount of -which Is named by them, and so entirely within their ability to pay. Reserve Fund, $100,000. Lioans on first mortgages, J1.4S0.5O0. 240 STARK ST., PORTLAND, OREGON D. M. FRENCH, Estate J.7. FRENCH J-. C. HOSTETLER Cashier FRENCH & CO. B'AN K .E RS ' - . Capital . . . $1 00,800 THE DALLES OREG ON The CanadianBank of Commerce STATEMENT AT CLOSE OF BUSINESS, NOVEMBER 30, 1904. (CONDENSED) ASSETS. Specie, bullion and legal tenders '. $ S.102.01S.19 Bank balances, notes and cheques of other banks 3,645.i.i9 Government municipal,' railway and other bonds and stocks.. 7,313,648-34 Deposit with Government as security for circulation 400,000.00 Duo by agencies in the United Kingdom and elsewhere 7.993.430.76 Call and short loans on stocks and bonds 10.460,092.59 Total $37,919,967.67 Loans and. discounts $51,763,456.54 Mortgages and real estate 54-01 Bank premises : 1,000.000.00 Other assets 88,510.03 Total $91,055,793.31 LIABILITIES. Capital paid up $ S.700.000.00 Rest 3,500.000.00 Undivided profits 23,726.39 Total ..$12.22S,726.39 Deposits $70,459,351.45 Notes l'nt circulation - 7.6S0.947.6S Due to other banks and agencies 351,339.26 Unpaid dividends.. SS2.42 Dividend No. 75.- payable December 1 204.o00.00 Total $91,055,795.31 B. E. WALKER, General Manager. PORTLAND' BRANCH Sterling and Inland Exchange bought and sold. Commercial Bills of Tfrcbaag'e pur chased. Crafts Ismed, payable at any of the branches or the bank, or at any of the solnts covered by its bankers and correspondents. Commercial Credits Issued. "Excep tional facilities for this class of busi ness in Eurose. the East and TVest Indies. China. Japan, South America, and Australia and Ne-n- Zealand. Travelers' Circular Letters of Credit Issued, available in any Dart of the world. Tourists and other travel crs will find theso the safest and' most aconomlcal mean's of provid ing themselves -with funds. The money can be drawn in small or large sums at any point in their Journey. Interest Allowed on special deposits at current rate. Savings Bank Department. Accounts opened and Interest allowed on minimum monthly balance. Rataa on application. ( Accounts of country banks, corpora tions, merchants and Individuals re ceived on favorable terms. Alaska Business. This Bank having established branches at Dawson. "White Horse. Skagway and Atlln. has especial facilities tor the hand ling of business in those districts. Portland, Or. J3. A. TOD, SXasacer. THE TITLE GUARANTEE & TRUST CO. DIRECTORS WM. M. LADD J. THORBURN ROSS T. T. BURKHART ERANK M. WARREN GEORGE H. HILL TRUSTS. :: REAL, ESTATE MORTGAGE LOANS :: TITLES Investments in Oregon Generally and in Portland in Particular. SAVINGS BANK Receives Deposits Subject to Check Pays. Interest on Deposits SAFE DEPOSIT VAULTS - 1 Correspondence Invited . . THE TITLE GUARANTEE & TRUST CO. 6 AND 7 CHAMBER OF COMMERCE PORTLAND, OREGON First National Bank OF EUGENE, OREGON". OFFICERS, ti. Hendricks. Pre. P E Snodsraas, Cash. . S. B. Eakln. Vice-Pres. Jj. H. Potter, Asst. Cask. STATEMENT DEC. 15, 1904 LIABILITIES. Capital $ 100,000.00 Surplus and undivided profits - 5S.343.S0 Circulation 23,000.00 Deposits S06.675.03 U. S. deposit 40.000.00 Total $1,030,018.83 RESOURCES. Loans $ 423.697.00 U. S. Bonds (par value).. 96,840.00 Other stocks and bonds.. 75,341.61 Banking building and fur niture 10.000.00 Other real estate 1.248.50 Cash on hand - 87,150.13 Cash due from banks and U. S. Treasury 335.741.59 Total $1,030,018.83 La Grande National Bank RESOURCES Loans and discounts $521,594.87 Overdrafts 9,770.18 U. S. bonds 15.000.00 Real estate, furniture, etc 17,000.00 Stocks, securities, etc - 15,565.23 Cash Assets Due from banks.... 345,278.14 Due from U. S. Treasurer 750.00 Cash on band 53,337.24 10L4&3S of La Grande, Oregon LIABILITIES. Capital stock J 60,000.00 Surplus 15,000.00 Undivided profits 8,487.4$ 'Circulation 15.000.00 Deposits Individual $579,032.54 Banks 3,845.64 582,908.18 TV. J. Furnish, President. J. X. TeaL Vice-President. T. 3. Morris, Cashier. 3. TT. Slalonej, Assistant Cashier. :THE: Pendleton Savings Bank PENDLETON, OREGON Statement cf condition of the Pendleton Savings Bank on the 10th day of Kovem fcer. 1S04: Resources Leans and discounts. . . 843,599.23 Warrants - 8.300.68 Bank bulldinr and furniture. .. 30.000.00 Other real estate 9,171.8a Cash and exchassa .. 260.997.90 $1,261,069.66 Liabilities Capital $ 100.000.00 Surplus S3.000.00 Undivided profits, less expense. 14.036.06 Deposits 1.062.013.00 $1,261,009.66 Bank of Ashland ASHLAND, OREGON. Established 1SS4. CAPITAL FULLY PAID UP $50,000.00 SUBPLCS AND UNDIVIDED PROFITS $40,000.00 Officers and Directors: D. R. MILLS. President F. H. CARTER, Vice-President. E. V. CARTER, Cashier. a H. THOMAS. Asst. Cashier. G. "W. DUNN. G. S. BUTLER. Total H8L3S6.S8 Total $681,395.06