Evening star. [volume] (Washington, D.C.) 1854-1972, 1900-01-02
GIVEN GOVERNMENT FUNDS
Bank DepositOries Selected by the
Treasury.
Treasurer Roberts Says That Every
Funds Has Been Allotted a Share.

Ellis H. Roberts. treasurer of the United
States. announces that the distribution of
the internal revenue collections is going on
according to the original plan. and prob
ably will be completed to the first group of
additional depository banks in eight days.
He says:
EVERY application for a share of these
deposits has been accepted. and no restric-
ton has BEEN set on the amount of bonds
placed as security by any applicant. When
the depositary bank was already the recip-
lent of internal revenue collections. it has
been permitted to retain the deposits up to
the amount of its pledged bonds. In cases
where the rate of exchange rendered trans
fers to New York burden the funds have
been assigned to banks in the same city or
in neighboring localities. With these cX-
have been concentrated in the National
City Bank, New York, for convenience of
distribution.
Every day these collections have been
distributed in installments of S5o,0OO to the
several depository banks in the ratio of
their bonds 10 the total amount pledged.
BY this process the small banks first re-
ceived their quota, and funds remained in
the National City Bank only the distri-
button went forward.
THE second group of derositary banks is
now taking form, and will be treated in all
respects in the same way, and Will begin
to receive moneys soon after January 10.
The first group, completed, is as follows.
with names and locations OF the banks,
and the amount of bonds pledged by
each:
City National Bank Selma, Ala. $4,000;
Bridgeport National, Bridgeport, Conn,
$.o.Uhn; Citizens National. Bedford Ind.
s.uuo0: Capital National. Indianapolis. S':o,
ono; First National Madison. Ind, $4,000;
Second National, Nincennes. Ind, SOHV:
First National. Chicago, S30nO00; Metro
poiitan National. Chicago. $4,000; Union
National Chicago SpIND ono. National IA n
of Commerce, Wichita. kan, $4,000: Fay
cite National Lexington, KY, s3o.oH':
New Orleans, National, New Orleans,
st"o.ooo: National Shawmut. Boston. s9ou.-
900; National Hide and Leather, Boston,
$4,000: Merchants National New Bed
ford. 100000: First National. West New
ton. Mass. s1W.ooO; Detroit National, De-
troit. S18"S; Fourth National, Grand
Rapids, 100000; First National Min
neapolls. 100000: National Bank of
Commerce, St. Louis, s4l0,o"o: Mer-
Third National, St. Louis. S1odoou; Couti-
mental National. St. Louis, SI.0.o00; Nation
al Mechanics. Baltimore. $4,000: National
Exchange. Baltimore, sJO.@O: Merchants
National. Baltimore. S15OOOO: First Ma
tionai, Frostburg, Md, $4,000; City Ma
tiOnal, Buffalo. $500 900; Nassau National,
Brooklyn. $4,000: National City Bank of
New York city, S4.o000OO: Hanover Nation
al. New York city. 81 .91O. 800; American tx
change National. New York city. 81 100000;
Chase National. New York city. 81 .OOO. 600:
Astor National. New York city. S2.sOO0O:
National Bank of Commerce, New York
city. s50O,G0: Lincoln National New York
city. s25o,0ao; First National New
York city. S1.5OOOO0: Seaboard Nation
al. New York city. s2oO.OO: Nation
al Bank of Norwich. n. Y. S1OO. 900; Flour
City National. Rochester, n. Y. S5ODO:
Atlantic National, Wilmington, N. c., So
!dD: Peoples National. GAINESVILLE. Ohio.
S1G6.so: First National. GAINESVILLE Ohio
sloO.ooO. Ohio Valley National. Cincinnati
S2n0.OOO: Third National Cincinnati, S115,-
900; Northern National. Toledo. s5e.s1;
Citizens National. GAINESVILLE. Ohio. $5O.@0;
Valley National, Chambersburg. Pa. $40.
o0; First National. Canton. Pa. s5o.Wr;
National Bank of Chester Valley, Coates
Vile. Pa, s25.to": Delaware County Ma
tional. Chester, Pa. s1O.OoO: Harrisburg
National Harrisburg. Pa. s10O.0O0: Farm
ers National. kittanniHg, Pa, S25.UD:
Lebanon National. Lebanon, Pa, s5D.u0;
First National, MckeesIort. Pa, $Jo,0SS;
Second National, Pittsburg. s2U.GO; First
National, Pittsburg. Pa, $1,000; National
Exchange. Providence, r. l.. S60,NU; Nor
folk National, Norfolk, Va. s1O,GO: Ma
tiCnal Bank Of Virginia, Richmond. s14o89,
Planters National. Richmond, 100000: Ma
tioEal Bank of Commerce. Tacoma. Wash,
$4,000; Rock County National. GAINESVILLE,
Wis. 5000. First National, Sistersville.
W. Va, $1,000; National Exchange. Wheel
ing w. Va, s1OO,OO: Continental National.
New York. y. Y, $4,000: Western National
New York \. Y, S5O0,OO; Bank of Com
merce National Association. Cleveland,
Ohio, S1OO 900. Total 81, $40 900.