The San Francisco call., 1904-12-18
CROW WITH TOLD
By STATEMENT
Bank of California Makes
Great Showing for Year
and Increases Capital Stock

To financial institutions resting on
foundations that have the fullest trust
of the business world at home and abroad
must a commonwealth depend as much
as upon any advantages of fertility or
climate for its prosperity and steady prog
ress. The famous Bank of California,
founded upon the rock of sound business
principle in 1864 by men whose names in
spired that confidence which al once firm
ly establishes such institutions, has been
a factor in the Golden States wonderful
advance. Under intelligent, conservative
and thoroughly progressive management
this great institution has grown with the
city and State whose name it bears, un-
til to-day it's record and it's standing are
things both for its stockholders and for
the community to look upon with pride.
This years statement of the Bank of
California speaks volumes to business
men and financierS
Assets-Loans and discounts, Sl4,9lS,-
sos 05; bank premises $3.50 900 90; other real
estate $319, los 81; merchandise L.Cr. ac-
count $592, ,264 13; sundry bonds and stocks,
81 ,09S .23O %; Government bonds, $625 BOO 90;
due from banks and bankers. $3.50 1863 Y;
Total assets. $26 107 ,446 79.
Llabilities-Capital paid in gold coin,
So 900 600 90; surplus and undivided profits,
$6,ISl 6l5 OF; dividends unpaid. S4OS 90; ac-
ceptances under Ls.-Cr, 1893 $50 20; other
liabilities $50 693 Is; due depositoTs. $l5,-
546. .193 "a. Total liabilities. SIG, ,446 7s
The names of the men who are in
charge of the Bank of California also
furnish a silent but impressive testi-
monial of its worth.
officers = William Alvord. president;
Charles r. Bishop, vice president; Frank
B. Anderson. vice president; Irving F.
Moulton. cashier; Sam H. Daniels. assist
ant cashier: William r. PentZ, assistant
cashier; Allen M. Clay, secretary; James
ID. Ruggles, assistant secretary.
Directors-William Alvord, president;
James M. Allen, attorney at law; Frank
B. Anderson, vice president; William
Babcock, Parrott Co.; Charles r.
Bishop capitalist; Antoine Borel Ant.
Borel & Co. bankers; Warren d. Clark,
Williams Dimond & Co.; George E. Good
man, banker; Edward w. Hopkins. capi-
& Stetson; Jacob Stern. Levi Strauss &
Co; Joseph S. Tobin, attorney at law.
William Alvord. president of the Bank
of California, is one OF the best known
bankers in the West shrewd and safe in
his methods but with a perceptive fac
ulty and liberality that maintain an ex-
pansive and progressive policy. Frank 3.
Anderson is a recent officer. After
the death of Mr.. Thomas Brown. who for
thirty years was known as one of the
ablest fnanciers of the United States, the
bank officers looked about for a successor
equal to the responsibilities of his posi-
tion. They selected Mr.. Anderson as
suitable person to succeed MI Brown in
the executive management of the bank.
He is a well-known financier having left
the assistant cashiership of the American
Exchange and National Bank of New
York TO come to this city. Irving F.
Moulton. the cashier who. after connec-
ton of twelve years with the bank was
advanced from assistant cashier to cash
ier. as such has made most efficient and
capable officer.
The bank buys and sells foreign and
domestic exchange, makes telegraphic
transfers of money to all points and is
sues commercial and travellers letters of
credit available in all parts of the world.