Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-12-31

Third street, when it was supposed that
The stock of the Second National has sold
higher than that of any other bank in St.
Paul, and offers are standing of over 200
per cent. on its par value.
THE GERMAN-AMERICAN EANK.
This institution is the outgrowth OF
private banking house established in 1856.
In 1873 1t was regularly incorporated with
the above name. Its capital has been $780,
0OO.but on Jan. 1.1SS3.it will be increased to
100000. The bank has a surplus of $780,
coo, its deposits amount to S1,200,OOO. its
loans to $1.1O0,0OO, and in 1882 it handled
100000 of exchange. The German
American occupies the first floor of a fine
stone block, No. 81 East Third street. This
edi1ice was erected by the bank and is one
of the handsomest buildings in st. Paul.
The banking room is large and elegant,
being finished in black walnut, having
marble counters and very artistically fres.
coed walls and ceilings. F. Willius is
president; Gen. j. b. Sanborn, vice presi-
dent. and Gustav Willius, cashier. Con-
nected with the bank is safe deposit
vault. which Is admitted to be one of the
best IN the country. 1t is conducted in the
most admirable manner and is largely pat
ronized by capitalists, merchants and pri-
vate individuals. At times the vault IN
doubleday contains not less than $4,000
600 IN money, securities and other valuable
property.
BANK OF MINNESOTA.
In November last the private banking
house Of Dawson. Smith { Scheifer, which
was established II 1861, was re-organized
and incorporated as the Bank of Minnesota
with paid up capital of S6OOOOO and
the following officers: William Dawson.
president; Robert A. Smith, vice president
Albert Seheffer, cashier: and Herman Schef-
fer. assistant cashier. The deposits
amount to S1.3O0,0O0, which. however does
not include S31S,000 which is represented
by certificates of Dawson, Smith & Scheffer.
which are subject to exchange for certiti-
Gates Of the present bank. The institution
carries loans to the amount of $1.58O.OOQ.
and its exchange business OF the past year
reached 100000. This banking house is
located at the corner of Jackson and Fourth
streets, and is, IL point of finish and fur
nishing. probably equaled by but few in
the United States. The woodwork is hand
some red cherry. deliberately designed and
finely finished. with birds-eye maple pan
els
THE CAPITAL BANK OF ST. PAUL.
Organized in October 1850, and is 10
Gated at No. 1871 East Third street. It's
officers are L. E. Reed, president; W. D.
Kirk. cashier. and ]. ". Wait. assistant
cashier. The capital is 100000. and
surplus $4,000. The deposits at the time
of the last statement were &o94,5S4. its
loans amount to s24S.OOO. and its ex-
change business reached $3.OOO.OOO. The
managers and directors ara among the
oldest, wealthiest and most sagacious men
OF st. Paul. the president, Mr.. L. E. Reed.
having for over q quarter of a century
occupied high positions in the older banks.
The banking room is handsome and cheer
ful and s finished n bC.ternut III East
lake design.
THE PEOPLES BANK.
This institution was opened on the 18th
of this December, at the corner of Seventh
and Sibley streets, il the midst of a pros
peroSs and growing community of retail
merchants, and convenient to the largest
wholesale houses. The paid up capital is
100000, and the officers are W. J. Mac
auley. president; Geo. r. Finch. vice
president. and G. E. Rittenhouse. cashier.
The sagacity displayed in the establish
ment Of the bank has been fully proved.
even in the brief period that has elapsed
since its start, and the institution is rap
idly securing a constituency OF desirable
patrons. The room occupied is bright
and handsome and is finished in batteraut
and black walnut.
THE SAVINGS BANK OF ST. PAUL
was organized in 1867. 1t is located on
the corner of Third and Robert streets.
and the officers are as follows: John S.
Prince, president; E. J. Meier. assistant
cashier: trustees, E. F. Drake, H. r. Brill.
b. Presley, John A. Stees and John S.
Prince. Its capital is $4,000. with surplus
and undivided profits of $4,000. The savings
deposits amount to $20O,OOO.71: business
deposits, $57.531.S4: loans and discounts.