The times. [volume] (Washington [D.C.]) 1897-1901, 1900-01-03
THE BANKS OF DEPOSIT.
List of Depositortes for Internal
Revenue Collections

Revenue Collections
Mr.. Ellis II. Roberts the United States
Treasurer. in statement issued yesterday
revenue In rational banks, said that the
distribution of the IL ernal revenue eolirc-
tions is going on ac .5rfing to the original
plan. aud will probably be completed 10 the
first group of additional depositary banks
in eight days Every application for a
share Of these deposits has been accepted.
and no restriction has been set on the
amount of bonds placed as security by any
applicant Where the depositing bank was
already the recipient of internal revenue
collections, II has been permitted to retain
the deposits up to the amount OF is
pledged bonds. In cases where the rate OF
exchange rendered transfers to New YORK
burden, the funds have been assigned to
banks In the same city or in neignboring
localities. With these exceptions. the IN
ternai revenue collections have been con-
centrated in the National City Bank, New
York, for convenience OF distribution
Every day these collections have been
distributed in installments of $4,000 to the
several depository banks in the ratio OF
their bonds to the total amount pledged.
b. thi- process, the smaller banks tisst re-
ceived their quota and funds remained in
.he National City Bank, only as the d stli-
button went forward. The second group
of depositary banks is now taking form
and will be treated in ali respects in t e
same way and will begin to receive MONEYS
soon after January 10.
The first group completed. is as fol-
lows. with names and locations OF the
banks and the amount Of bonds pledged
by each:
City National Bank Of Selma, Ala, $4,000;
Bridgeport National Bank OF Bridgeport, Conn,
5000; Citizens National Bank Of Bedford, Ind,
$50, go: Capital National Bank OF indianapolis.
Ind SEQ ZOO; First National Bank OF Madison,
Ind $4,000; Second National 8aus Of Vim
cennes, Ind. $4,000; First National Bank OF
Chicago, H., 10000; Metropolitan National
Bank of Chicago, ILL.,. S5O.J1U; Union National
Bank Of Chicago, ILL.,. s201,Oo1; National Bank OF
Commerce OF wichita. Kan. SGO,0o1; Fayette Ma
tional Bank Of Lexington. Ky. $4,000; New Or
leans National Bank OF New Orleans, La, sioo,-
00G; National shawmut Bank Of Boston, Mass,
500. 900: National Hide and Leather Bank Of
Bosto.l. Mass, $1,000; Merchants National Bank
Of New Bedford, Mass, 100000; First National
Bank Of West Newton, Mass. SlOOOJOi Detroit
National Bank OF detroit, Mich, 100000: Fourth
National Bank OF Grand Rapids. Mich. 100000;
First National Bank Of Minneapolis, Mimi. $780,
coo; National Bank Of Commerce Of s.. Louis,
No. $4,000; Merchants Laelede National Bank
OF st. Louis, Mo-. 500. 900; Third National Bank
Of st. Louis. Mo, 100000; Continental National
Bank Of st. Louis, No, $4,000; National Ne
chanics Bank Of Baltimore. Nd. $1,000; Nation-
al Exchange Bank Of Baltimore. Md, $4,000;
Merchants National Bank Of Baltimore. Md,
S150.oO0; First National Bank ct ffostburg, Nd,
D,OcJ: City National Bank Of Buffalo, n v,
5000 600: Nassau National Bank Of Brooklyn. y.
" s50O00: National city Bank Of New York
city 100000; Hanover National Bank OF New
York city 81 0i0 500; American Exchange NJ
tional Bank Of New York city, - .000,O00i Chase
National Bank OF New York city, sl,G00J1;
Aston National Bank Of New York city. $780, 600;
National Bank Of Commerce Of New iors city.
500. go; Lincoln National Bank Of New York
city $780, 600; First National Bank % New York
city, 81 500 coo; Seaboard National Bank OF New
York city -2Gn. 600: National Bank OF Norwich,
Norwich, y. V. sio0.OOo; Flour City Natioaal
Bank OF Rochester. n. y. $4,000; Atlantic Ma
tinnal Bank Of Wilmington \. C.. $4,000; Peo-
pies National Bank Of BaTnesville. Ohio. Sl010oo;
First National Bank Of Blrncsviie. Ohio. 800.
600: Ohio Valley National Bank OF Cincinnati,
Ohio. 5000 900: Third National Bank OF Cincin-
natl Ohio, Sl7s. 900: Northern National Bank Of
Toledo. Chic. $4,000. Citizens National Bank OF
GAINESVILLE, Ohio. 81 OG0; VALLEY National Bank OF
Chambersburg Pa s50.0O0 First National Bank
OF Canton. Pa. $4,000; National Bank Of Chester
Valley Of Coatesville. Pa. 5000; Delaware
County National Bank OF Chester. Pa. 500 900;
Harrisburg National Rank Of Harrisburg, Pa,
500 $50; Farmers National Rank OF kittsnning.
Ia. s25 Geo; Lebanon National Bank Of Lebanon.
Pa, $4,000 First National Bank OF Mekeesport.
Pa. 500. 90: Second Nationai Bank Of Pittshurg.
Pa. 500 900; First National Bank Of Pittsburg
Pa. $500; National Exch.nge Bank OF Proyi-
denee r. l., 10000. NorfEk National Bank Of
Norfolk. Va. 100000; National Rank Of Virginia
Of Richmond Va. $1,000; Planters National
Bank. of Richmond. Va. 100000; National Bank
Of Commerce OF Tacoma. Wash. s5O.0o1: Rock
County National bank OF Janesyille. Wis, $50
600: First National Rank OF SiStersville, W. Va,
so. Oo0: National Exchange Bank of Wheeling. W
Va. $4,000: Continental National Bank, New
York CITY, $1,000; Western National Bank OF
New York CITY. Sj00,O00; Bank OF Commerce Ma
tional Association, Cleveland, Ohio, 100000
Total. Si7 $4,000.