The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-10-23

Loans and discounts uts. 81, ,24O, ,9sO01
Overdrafts. secured and unsecured 3,O125s
United States bonds TO secure cir
culation ............................ JOG, ,OOOOO
Premiums on United states bonds 10000
Stocks, securities, etc.............. 60,35O00
lures ...-......- ............. n4.ss2.so
other real estate .ed........-... 5,972.72
Due from national banks mot re-
Due from State banks and bankers 4.I5s55
Duo from approved reserve agents S9,610.52
Checks and other cash items..... s34.2S
Exchanges for clearing house.. 27,026.30
Notes Of other national banks. 2,31l.0o
els and cents ....................... 12sN
Lawful money reserve in bank,
viz: Specie. SIS. 5000: legal tend
notes, Sf7.1S3. Total lawful
money in reserve in bank 49,. 11Sl1s.Os
Redemption fund with United
circulation ....................... 5,WO0
Due from United States treasurer,
ton fund nd .....................:..... 49, ~ 2,s5o.oo
Total .................... 81. 785, 4761s
Liabilities
Capital stock paid in............... $3.50. 10000
Surplus funds ....................... 1O0,0Oo.O0
Undivided profits, less expenses
and taxes paid ..--.-.--..--..-... 53.630.59
National bank notes outstanding. 100000
CHECK .i............... .O52. .12s. IS
Demand certificates of deposit 76. 456.7 IS
Cashiers checks outstanding.... 3.a5.E
Total 81, 7s5, ,476.1s
The Pittsburg Stock Exchange opening
this morning was quiet and trading light.
BY a vote OF the exchange IL was decided
that for the rest Of the " EEK no bank or
trust stocks will be dealt in. The suspen-
sion of the Allegheny Bank, which has
been the representative of the Federal Ma
tionaI in the clearing house, is looked upon
by bankers generally as an almost necessary
sequence OF the failure yesterday. and they
believe that no further trouble will follow.
All of the outside banks which have been
doing their clearing through the Federal
NafionaI and First National. of Allegheny,
have made arrangements with other banks
To care for their paper IN the future.
This morning small crowd OF depoSitors
gathered In front of the First National Bank
of Allegheny. There appeared TO be little
excitement among the depositors, though
severaI were restless and wished to gain
admission TO the bank.
Robert ]. Stoney. jr.. vice president of the
First National Bank OF Allegheny, made the
following statement this afternoon: 1.-The
reason the directors OF the bank did not ac-
cept the offer OF the clearing house banks
Of Pittsburg to tide US over was because. In
the opinion of the directors, the amount was
not sufficiept 10 carry us over the one or
twc DAYS of a run which must nave resulted
For that reason the directors In the interest
OF all depositors. decided III was the Wlsest
nolicv 10 close the bank. pending a settle
menf with the depositors. We viii pay
everv de oositor every dollar that is due. and
there will be good balance lett Tor distri.
button among the stockhoIaers OF tne pann, liz,
Rank Examiner r. j. Vaughan mas oeen
annointed receiver for the bank by the con-
troller Of the currency.
ON .he stock Exchange the reassuring ef-
feet OF the 100000 emergency Iund raised
by the Clearing House Association was
plainly apparent throughout the day. ana
no unusual excitement was SHOWN up 10 the
close.