The Douglas independent. [volume] (Roseburg, Or.) 187?-1885, 1882-02-18
Pacific Bank.

The annual statement of the Pacific
Bank is before the public, and from its
figures may be deduced a volume in
which may be inscribed full recital as to
the benefits to be derived from sound and
careful monetary management. Faith
and honor are the underlying strength
of a great financial institution like that
to which we refer in this. The customer
has faith i'll its stability and capacity to
transact a banking business upon a le-
gitimate basis; and those controlling the
institution aforesaid bind themselves in
bonds of honor to deal justly and honor
ably by those who put faith in them.
The Pacific Bank was established in
1868, nineteen years ago, and has stead
lily progressed in financial strength and
prominence, until now it may lay just
claim to place in the front rank of the
great moneyed >esta blishments on this
Coast. 1t has been managed in accord
ance with the strict principles of business
without show or ostentation, making
strides in public confidence and esteem as
a well-regulated banking enterprise might
be mutually led to expect. X. H. Nc
has been the ruling and guiding spirit,
uuo Ills Shl1l anu DuSl-
ness tact, has advanced the Bank, Sc
curely and fairly, until now it greets the
public and it's customers with an exhibit
that expresses solidity, permanence and
safe investment. It's liabilities and paid
up capital are 81 900, 900; with surplus
Of $3.50, ,759 ID. Due depositors, 81 1885,
655 OF. Due banks and bankers, STA,
$40 53. Dividends unpaid, $50 so; MAX
ing q grand total of S., ,523 ,844 %. The
resources of the bank are bank premi
ses, $3.50, 900 90; other real estate, $5,
225 35; United States bonds 1926, ,977 35;
loans on real estate, S34 ,868 90; loans on
bonds, gas, water and bank stocks, S132,-
1913 35: loans ON other securities, wheat,
barley, etc., S57S, 443 96; loans on per-
sonal security, 81, LOG, ,004 IT; due from
banks and bankers, $780,, ,457 61; money
on hand, S39S, $50 81; Total, SO, ,523,-
S44 23. This is splendid showing, and
one of q gratifying nature to all con-
cerned, and evidences of those presenting
it have thorough knowledge of banking
In all its details and that all business in
trusted to them is disposed of in a syste-
matic and careful manner. A prudent
and conservative course being one of the
first principles of successful banking,
President Mcdonald, in his annual re-
port, shows that he has not only adopted
it as basis of his financial course, but
has worked up to it an eminent degree.
The Pacific B INK does every kind of le
gitimate banking, and possesses un-
Iualled facilities for the transaction of
business of all kinds intrusted to its
care. Its correspondence is extensive,
and with the best of information through
out the world. Among the numerous
correspondents of the bank, we may
mention a portion, rs follows: Union
bank, London, England; Hottinger & Co.
Paris, Franco; Direction Der Disconto
Gesellschaft, Berlin, Prussia; Importers
and Traders National bank, New York,
N. T.; Bank of Commerce, New York,
N. Y, National Park bank, New York,
N. Y; State National bank, Boston,
Mass; National Metropolitan back.
Washington, d. c.; Merchants National
bank, Chicago, Ills.; Commercial bank,
st. Louis, Mo.
The lame chimney swallow has de-
Efectiye due.