St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-09-21

cause for this remarkable growth, our atten-
ton is ARRESTED by several patent facts, and
that is, that the entire northwest, especially
Dakota and Minnesota, have been rapidly
filling with bona 1de settlers who have made
investments and require the Intervention of
banks; again much can be said on the side
OF shrewd and consummate management and
We are obliged to concede that in this case
great financial wisdom and management has
been shown. Mr.. Culbertson tran sacts much
the same business as our national banks,
with the exception of circulation, he receives
deposits, make loans on preferred securities,
and the institution is capable the way it is
conducted to weather the most turbulent and
boisterous financial storms as any bank in
St. Paul The solvency and strength of the
bank, together with conservatism, have
gained the confidence Of the banking public
and the house has bright and prosperous
future awaiting it, and a largely increasing
business daily bears witness that energy,
honor and industry win in all places ana at
all times bring sure, effectual reward.
ST. PAUL BUSINESS COLLEGE.
Education is 4 word of such vast import
to the individual and the nation its influence
| in molding the lives and happiness of all is
~ 5iNae thdI lIlONClu u1l4OuS dlC IT, ASiS'tih-
and passing laws making it imperative on
the youth to attend school. In these times
of commercial ferment and activity nothing
is Of such importance to the banker, mer-
chant or clerk as a thoroughly grounded
business education, and the youths of our
land cannot begin to acquire that insightand
intimacy with financial and commercial US
ages too early. As the farmers believe it
most advantageous to SOW in mist, so the
first seeds of education should fall in the first
and thickest mist of life, that a rich harvest
Of happiness and enjoyment may be garnered
in future years.
The art of education requires skill in fos-
tering a love of mental activity and q
! desire of knowledge in order to produce
| substantial and lasting results. 1t has
| been our pleasure in past years to examine
| many famed institutions of learning through
out the country, and what was our surprise
some days ago in walking through the apart
ments Of the st. Paul Business College, cor
ner of Seventh and jackson streets. to find
| this institution as thoroughly equipped in
! all the essentials that combine to make
| frst-cass educational establishment.
Mr. W A. Faddis, the principal was kind
/ enough to accompany us and explain his
methods as we went along. He informed US
| that the college was organized in 1865, and
had enjoyed a career of marked prosperity,
! since the numerous calls from business
houses fully attest the mistaken confidence
that the business community repose in the
college and its faithful work in equippng
! young men for reaching the highest results,
| going forth fully panoplied for life's bust
ness emergencies, ever maintaining an I'M
sullied record for integrity and sound BUSH
ness ethics. The branches taught at this
college are bookkeeping, commercial arith-
metic, commercial law, penmanship, short
hand writing, political economy, telegraphy
and type-writing, with an able, skilled corps
of assistants in each branch.
Its veteran proprietor and principal, rich
in experience, has all young mans am
bition and pride in his calling, with no
shadow Of that sentiment which sees good
only in the things which are past, but he
rather holds fast all the good that comes
from past experience, while seeking the best
from every new development. A graduate
of Hiram college, Ohio, and fellow student
with our late lamented President Garfield,
Hindsdae and others of like culture and
fame, and of the Cleveland Commercial col
lege, one of the first In the great chain of
associated colleges, Prof. Faddis brings to
his students thorough literary training, with
the cumulative business education derived
from an uninterrupted connection with COM
mercial colleges from their very origin.
For information concerning scholarships
for terms, tuition, board, etc. address st.
Paul Business college. corner Seventh and
Jackson streets, st. Paul, Mimi.
E. LYLE,
at No. 27 Jackson street, is the Oldest jewelry
house on the street, and the oldest basiuess
house in any line of trade, with the exception
of Mr.. Cardozo and Mr.. Samuel Potter, on
jackson street; but then Mr. Lyle is so well
known personally all over st. Paul that it
could be matter OF no fresh news to speak
of him, but the public are perhaps not aware
that in his store is crowded one of the largest
stocks of jewelry, watches, etc, in the north
west, while in diamonds ne takes con fessedly
the lead of all The reason Of his great sue
cess in business is that his business has
always been conducted on first class prin-
ciples, has always paid cash for everything,
and sold goods at bottom prices. He is a
very liberal advertiser, and treats his
employees in a kind, affabe and generous
manner that urges them to make his in-
tcrests their own; in fact he is the exponent
of the bright, sharp, industrious merchant of
modern times of broad guage philosophy. In
connection with his jewery business he has
loan department where advances are made
on collateras to those whose circumstances
require short time loans. Mr.. Lyle has
great confidence in the future of st. Paul and
is building up terrace of fine residences
on Capitol square that will attract more at
tention than Buffington's nineteenth century
capitol building.
DE CosTER Il CLARK,
at 342 and 344 Jackson street, are the oldest
and largest furniture dealers in st. Paul.
They first opened their doors to the public in
1870, and from small beginnings have risen
to their present prominence. Their ware
rooms at the above location are admirably
adapted to the requirements of their trade.
and they carry an immense line of furniture
of all descriptions at prices with range
from the low-priced to the most costly and
expensive parlor and chamber suites They
make specially of furnishing residences.
hotels and offices complete throughout at a
single days notice. Those desiring reasonable
prices and large stock to select from should
visit their establishment.
FIRST NATIONAL BANK.
In examining the statement of this bank
made to the comptroller of currency, June
20, 1854, we find the following:
RESOURCES.
Loans and Discounts. 3,772. 557 80
L. s. Bonds. ACKNOWLEDGEMENTS. 100000 90
/ other Bonds. ACKNOWLEDGEMENTS. 79.04S 81
Real Estate and Fixtures.......... 1868 90
Due from Banks and l. ). Treasurer. as. 663 o.
Cash. ACKNOWLEDGEMENTS. S47,9OS %