davidaulloa/AmericanStories huggingface dataset:
Los Angeles herald., 1905-09-03
s2,O45,896.63
LIABILITIES
$2oo,oOo.OO
127,290.34
195,500.00
1,522,6O6,29
$2,O45,S96.6S
The above statement is correct.
j. e. FISHBURN, Cashier.
THE WEST SIDE BANK

Though only a year old, one of the
solid financial institutions Of the city
corner of Twenty third street and
Union avenue. of which John A. Pirtle
is president. Warren Gillelen vice pres
ident and S. p Dunn tS eashisfi These
thoroughiy familiar with the banking
business are prominent tPa II finGnSis bigSdst
esteem and confidence of their asso-
Glates; The directors are sbsEItf I H ftaPhs% Prs5
s. Hutton and w. NJ. Bowen, who rep
resent large interests ,th IN this tbi city and
and influential personnel of officials
the West Side bank is IN most
not only as stockholders but as de-
positoTs as well Its system tSs Drsafast and
financial institutions in the country.
Every transaction is executed with the
in the world which devotes more faith
full attention to details than do the Of
ficers of the West Side bank of Los
Angeles
Los Angeles herald., 1905-09-03
THE LOS ANGELES
NATIONAL BANK

The Los Angeles National bank, one
of our best and most substantial finan-
and. has been plant of Vigorous growth,
its history closely identified with the rise
and growth of Los Angeles. Its adj
vancement has been none the less con-
California in its prosperous material de-
veiopment. No other financial institution
has done more toward furthering the
prosperity and fostering the interests of
the city and the county of Los Angeles;
none other has been more enterprising or
fortunate in It's investments, while its
management has ever been prudent and
conservative. in correspondence with the
staunch and reliable character of the
gentlemen who control Its affairs, while
the stock for the most part is held by
stability of Southern California. The
bank occupies elegantly appointed quar-
ters at the northeast corner of First and
Spring streets, with an excellent equip
ment OF safety deposit boxes. The Off
GERS and directors of the bank are w. c.
Patterson, president; G.. E. Bittenger,
cashier; Frank p. Flint. Dan Murphy and
w, W. j; r Dqran IVY, vice presidents; E. w Coe
DIRECTORS: Dan Murphy, William M. Van
Dyke, H. F. Vollmer, II. C. Wilmer. w.
Ei I1i,.9 Hampton, 4. II. Naftzger, Frank P.
G. e.: Bittinger and W. G. Patterson.
The. Los Angeles National bank does
business with a capital Of s5OO,OOo and
has surplus of $4,000. At the close of
business May 29 1905, the statement of
ITS condition showed resources of So 394,-
696. 69 52. Total deposits aggregating $4,05S,-
SS9'9l. Surplus and undivided profits, less
expense and taxes 1914, ,349 II, and Ma
tional bank notes outstanding $3.50, ,697. So
Included in its splendid showing Of re-
sources is $2,9S2,144.5s. in loans and dis
counts, an item which conspicuously re-
fleets the fact that this bank has been
a power for good in sustaining the in
dustrles and commerce of the city and
section. The Los Angeles National is
United States depository and does
general banking business, having ample
resources, conservative management and
q representative board of directors. and
equipped with unexcelled facilities for
the transaction of the various branches
OF legitimate banking, 1t solicits the ac-
viduals, as well as out-of-town banks, as
surins the utmost liberality of treat
ment.
Los Angeles herald., 1905-09-03

tions to the public, making loans on real
estate and collateral. A new self-regis-
tering home savings bank will be given
to those desiring to keep their small
savings until they secure an amount
sufficient to make deposit. One dollar
starts a savings account. AS Its name
indicates, the bank not only has a fully
equipped savings department in which 1t
pays interest at the rate of and per
cent per annum, but also affords to conf
mercial business facilities equal to those
of national or state banks.
The features of the trust branch are
as follows: 1t acts as executor under
Wills, either alone or In connection
with the trusted friend of any testator
who may desire that such friend shall be
consulted In matters concerning the
handling of the estate, while imposing
on him no liability in connection there
with, and relieving him of the details Of
management. 1t acts as administrator
under appointment by court Of the es-
tates of decedents, guardian of the
property of children under age and Of the
property of those adjudged insane or men
tally incapable of managing their estates.
AS the name more especially implies. the
Mercantile Trust and Saving Bank
acts as receiver and assignee for cor
porations, firms and individuals. dis
tribution, and, in general, trustee for
wills and funds of every description. Com
parative statement of deposils: Deposits,
first day, $30S500; end of three months,
s195, ,621.22; end of six months $3.50, ,76S.55; ;
end of nine months, $545. 1885, Over half
a million.
Los Angeles herald., 1905-09-03
c. A. TAFT, SURETY BONDS

The march of progress in Los Angeles
has truly been onward and upward In
this advancement the surety bond and
insurance agent plays most prominent
part and one of the foremost men In this
line in the city is Mr.. G, A. ,r3, Tait, who's. whose
with phone connections: Home 1921, and
Sunset Main 1852. Mr.. TAFT makes a
leading specially of surety bonds, while
he also UNDERWRITERS insurance in some of
the strongest and most reliable companies
in the World. Mr.. TAFT established his
business here about ten years ago and
through his untiring efforts and energies
he has built up q very extensive business
throughout Southern California. He rep
resents one of the strongest and most
reliable surety bond companies eytant
the Aetna Indemnity company, which has
long been a strong factor in surety bond
business all over the United States The
panies which Mr.. TAFT represents have
entire confidence in his ability, and integ-
ritv and he is thus enabled to secure
prompt adjustment and speedy payment pay ne t
stands high in financial as we'll as society
circles in Los Angeles, while he. is also
one of our most progressive and public
spirited citizens.
Los Angeles herald., 1905-09-03
THE MERCHANTS
TRUST COMPANY

The Merchants Trust company. at 207
IoZll 10 ~ south Broadway, is one of the
largest in Southern California and does
an immense business in it's peculiar lines
as generally indicated in the above name
me combined departments of the Trust
company ofter every, convenience for the
transaction of financial Misunderstanding
department. trust department bond de-
partment; per cent interest is allowed
or on ten tentday demand deposits, per cent
counts received. The paid-up capital of
the company Is s325OO6 The officers of
the company are w. l.. Brent, president;
Lloyd L. Elliott, vice president and man,
ager; J. Z. Wickham, cashier; j. M Ell
lott, treasurer; Mark G.. Jones' secre-
tary; Clarence A. Miller, counsel; Fred
Directors: w. l.. Brent, w. f. Botsford
Mark G. Jones. William Hamaker, JOS
eph c; Wickham, Lloyd L. Elliott, Byron
ErKenbreGher, ]. w. A. Off, Clarence A.
the Merchants Trust building, which is
an elegant eiSht-story flreproof structure
built of blue stone, facing seventy-five
company assumes entire charge of prop
erty for it's patrons. attends to rentals
repairs, payment OF taxes and all mat
for the t and
net income is remitted to the owner
monthly, quarterly or semi-annualy, as
desired. In case the owner desires to
travel, travellers letters of credit may be
issued and charged against che income
as It accumulates. Charges per cent
of the income. In the management of
personal property the same method is
pursued. Mixed estates consisting of per-
sonal property, securities, moneys, etc,
may be placed In the hands of the Mer-
chants Trust company on the same con-
ditions. The Trust company takes charge
of the entire matter and builds up a COM
pact. safe, income bearing estate.
Property in other parts of the country
may be placed in charge of the
Trust company and attended to
respondents are are in p all the leading cities
and are among the strongest and best
known institutions of the United States.
The Merchants Trust company does a
general banking and trust business, and
is recognized III financial circles as one
of the most thorough going and respon-
sible institutions Of the kind in Los An
geles.
Los Angeles herald., 1905-09-03
TORRANCE & DICKINSON,
BONDS AND STOCKS

A firm that stands high, and deservedly
so. in the local financial world, Is that OF
Torrance e. Dickinson, consisting OF
Messrs. r. B. Dickinson and l.. Z. Tor-
rance, bond and stock brokers, with
offices at 331 South Hill street. They nave
been established in this business IN Los
Angeles since 1899, and in that period have
established a reputation second to none
in a like business. Mr.. Dickinson Is secre-
tary of the Los Angeles stock exchange,
a fact that in itself indicates his standlng
here, and that of the firm In which ne IS
a partner, in the financial world Tor,
rance g. Dickinson are buyers OF ana
dealers in all kinds of local or municipal,
railway and corporation bonds and stocks,
and with the very rapid growth OF Los
Angeles they have found sufflcient neld
here for their business abill --es, and nave
been purchasers of great proportion OF
the bonds and stocks issued by the city
and by railway and other local corpor-
ations. Such a firm, making this their
sole business in city, contning their
business energies to the bonds and stocks
of their home city, In whose growth and
prosperity they have a lively, interest Is
very useful factor in the business life OF
city like Los Angeles. Torrance & DICK
inson have three employees in their offices,
and their phones are Main SS and Home
SS They are always pleased to answer
business inquiries, either by phone or
otherwise.
Los Angeles herald., 1905-09-03
INTERNATIONAL SAVINGS
AND EXCHANGE BANK

This bank was opened for business
in September, 1904, and already it is
doing a large and constantly increasing
business The bank was. established
principally to meet the needs of the for
eign- speaking portion of, our, people,
and the officers and board Of directors
were chosen from among the business
men of the different nationalities. re-
siding among us. The bank, which
has a paid-up capital Of s50,oo0, has its
banking quarters at 226 North Spring
street. The list of officers and direc-
tors is made up Of the most s;n prom prom
ness men of the city. They speak all
ings and commercial banking business,
for they do a general banking bust ;
on all time deposits, and money is
loaned on approved real estate, It's
Jules Kaufman, vice president; A.
Fusenot, vice president; Leon Escallier,
vice president; Morris Orsatti vice
president, and Albert Denton. cashier.
These gentlemen are all men who have
gained great success in their own busi-
ness and financial affairs, and their
names in connection with this bank
are guarantees of it's solidity.
Los Angeles herald., 1905-09-03
FIELDING j. STILSoN CO.,
STOCKS, BONDS, ETC.

The Fielding j, stilson company was
incorporated June 6, 1904, for the pur--
of deang in prSae TSaty sf9sEs
with offices at S05 H. W. Hellman
building, with a fully paid up capital
of $150,000. REALTY.-The realty oper--
to income-p producing property buying
and selling for clients on commits
sion basis, centrally located invest
ents a Besides na Of this the e9%paHny Hg
residence section. sToCKs.-The com
pany offers for the consideration of
investors approved stocks of local cor
porations. These securities are repre-
sented by railroads, gas, water, cleo
trio light. oil, telephone, breweries,
banks and trust companies Only such
stocks as are, paying, a fair dividend
are recommended for investment. With
the exception of the banks, most of
these organizations have been incor-
They have already demon their
merit, and there is splendid oppor-
tunity of securing a handsome margin
on the purchase of these stocks at the
is being developed on the most con-
servative basis. There will be in
creased diyidends; der Owing t1aS to length h
but upon application prices and infor-
nation will be promptly given. BONDS
There Is probably no form of invest
ment which is as attractive to the con-
servative investor as a bond, providing
that the same is acceptable in its un-
derlying quality and the rate of inter-
est. Laws concerning water and street
bonds have been so remedied in the
last few years that the security of
such bonds is permanent.
The president of the above named
company is Fielding ]. Stilson, who
has lived in this city for the last TWEEN
ty years. Upon completion. of two
year course in the University of Cali
fornia he occupied a position. in the
National Bank of California. in this
city. Owing to the demands of the
large estate which was left by his
father, Mr. Stilson resigned from his
position in the bank and went into the
realty, stock and bond business for
himself in November, 1900. When the
Fielding j. Stilson company was in
corporated 1t took over all the interest
OF the Stilson estate, and since that
time Mr.. Stilson has been directing
the progress of the company. He is we'll
known in club circles, being secretary
and treasurer of the. University
club. He was appointed by Mayor
Snyder one of the Municipal Art
commission which was organized in
this city in November, 1908, and be-
camc its first secretary. Mr. Sttlson is
an active member of both the Los An
Los Angeles herald., 1905-09-03
PACIFIC SAVINGS BANK

Probably In a larger degree than in any
city Of the United States the savings
favored financial institution. This is evil
denced by the fact of numerous savings
banks in this city within the. first five
years Of the century greatly increasing
the amount of capital employed and en-
hancing the prosperity of the city's COM
merce and that of the surrounding coun-
try. thus adding to the general wealth.
Among the new banks the Pacific Savings
bank, established February 2s, 1903, has
been a strong and rapid leader in build
ing up Its own business and that of the
city, as shown by its statement, Issued
April %, 1905. One of the most important
and gratifying facts shown by the COM
bined business of these banks is that the
working people and those of small earn
ings, as a rule, are saving their money,
while the combined loans and investments
of these banks have added greatly to the
commonwealth and given much needed
assistance to commerce. The paid-up cap
ital stock Of the Pacific Savings bank is
SIG, ,7S7.50. The organization of the bnak
was effected by some of our staunch and
well known citizens, representing COM
merce. finance and the professions. The
officers are Ralph Rogers, president; Dr..
F. p. Yoakum, vice president, and Lee
Soule, cashier. The directors are Ralph
Rogers, James H. Blanchard, Dr.. F. q.
Yoakum, M. e. Cary and Donald M. Nc
Donald. The bank does a general bank
ing business and Is conservative in it's
management. It's resources and liabilities
are stated at $5S S93O.S5. 1t pays per
cent interest on savings accounts. Its
loans on real estate at the time of the
last statement, April 22 1905, were $1,-
S57.47 The amount due depositors was
$21, ,s7S.86. The bank makes speciality
Of loaning money at per cent per an
mum, in monthly installments, on ap-
proved real estate, The rate of interest
on deposits ranges for term of six
months, per cent, for one year, per
cent Interest paid January and July
The bank has well appointed and con-
venient location at No. 54S South Spring
street,
Los Angeles herald., 1905-09-03
UNITED STATES NATIONAL
BANK OF LOS ANGELES

Los Angeles is essentially a city Of
wealth. Its people are prosperous and
happy, and its institutions are strong
ana influential. This fact is attested
by the success of the United States Ma
tional bank which, although recently or
ganized, is regarded as one of the sound
est financial institutions on the Pacific
coast. Among its directors and stock
holders are some of the foremost finan-
ciers of the west. Located in the quart
ers where once arrived the Farmers &
Merchants bank. at the corner of Com
mercial and North Main streets, this
concern occupies commodiouS quarters,
the interior fixtures being equal to those
of almost any other banking house in
the city in point Of finery and solidity.
Capitalized at $2OO,0OO the United States
National has a surplus of $50OOO. and its
many of the most influential citizens and
business men - Southern California A
look at the GIre-torate and officers of
the United $ GEES National bank of Los
Angeles is 2 y -lC is ecessary to assure
one of its lltlsuce md we'll being.
They are 'rt tr leai0f w. Hellman,
who Is -i..N. attrl4 rs S Mer-
chants NuIa HF 4td ~ lis-Fargo-
Nevada NlG0A. Ns' resident,
o. NJ. Sou H- aHm1lc 'esi-
dent M. A. -.Wl liarE s Cas- 81 r.
Lacy, secretal GtlA tfaa. -.tt .r.,.1
company; M. A. FtWprrVcr J.l t r
burger e Sons; ]. ;. Graves ..
dent Farmers & Morehaaia .r#.t.
bank DR., j. II. Bullaro, "bvs.- .a v'
presidents; T.. j. .Vawter, -. c5e'la
From the list OF directors /. M fHr.-
it might be supposed that tn,
Los Angeles herald., 1905-09-03
BANKS
FIRST NATIONAL BANK

Nc. public institution is more closely
Identified or connected to a more i'm;
and Southern California than the
First National bank of Los Angeles.
and influential citizens engaged in
financial, commercial and professional
affairs, have been potent factors in the
building of the city and in the promotion
of its widespread trade. No other insti-
tuition has done more toward furthering
the prosperity and advancing the in
tsrests OF the the city and county at large
ever accorded to the business interests
of the, city and section of the state
Invaluable service by rendering financial
aid to every legitimate business enter
prise that has appealed to it's manage
ment, and is now in the zenith of its
usefulness with much of the splendid
bank is $500,0OO with surplus and undi-
vided profits of $SO00OO. 1t occupies ele-
giant and handsomely appointed quarters
streets: The officers and directors of the
First National bank are as follows: Presi-
dent, J. M. Elliott; vice presidents, Stod-
dard Jess, ], g. Drake and F. Q, Story;
eafhier, cas- INV. w. T. s. Ma Hammond and assist
Directors; J; M Elliott, banker. F. 9.
Fruit exchange; j. c. Drake, president
Los Angeles Trust company; II. Jevne,
grocer; Stoddard Jess, banker; j. o,
Koephi, firm of Bishop &c Co; w. j.
Trask, attorney; c. w. Gates firm of Vail
g. Gates; w. r. S. Hammond, banker
AS an associated body these gentlemen
are among the most influential in South
ern California, while the bank is es-
teemed as one of the strongest and most
conservatively managed fiduciary insti-
tutions of the entire Pacific coast. It's
correspondents are the First National
National City, Merchants National, Ma
tional Shoe & Leather, all of New York,
and the Corn Exchange and Continental
National of Chicago The statement of
the First National, at the close Of bust
and liabilities of 5000 7S7.11 OF its La.
bilities the splendid total of Sc, ,S42 Isl. SO
were in deposits; Its undivided proiits
were $713. .099. %. Circulation, 1853 $50 and
the remainder in capital stock and sur
plus. An important item, as illustrative
of the enterprising spirit of the manage
ment is that of its loans and discounts,
which at the date of statement aggregat-
ed S4,425.SS9.07. Other items of its re-
sources worthy of note were: Cash, $685.
819 due from banks, l,93S or. 81; its hold
ings of United States bonds at par, $685.
$780, other bonds, $631 ,43S .22 The First
National is the designated depositary of
the United States. Among other things
this statement clearly indicates the COM
plete soundness and great financial
strength of this bank and that its man
Los Angeles herald., 1905-09-03
FL. CRAIG, INVESTMENT BROKER

The above gentleman is one of our most
prominent investment brokers who has
been dealing in properties of various kinds
for the past four or five years. OF Mr..
Craig it can be said that he is a man OF
reliability as well as of ability. 1t is
therefore not surprising that he has cap
tured a large amount of business since he
established himself in this city. His office
is at III South Broadway, where he is pre-
Particular attention is now being devoted
to the advancement of real estate inter-
ests in general at Ocean Park, which bids
fair to be one of the most thriving beach
resorts on the coast within the next few
wears. Mr.. Craig never handles anything
but the choicest properties and he firmly
declares that the properties he represents
source of investment today in Southern
California. AS a guarantee of his relia-
bility and financial standing he can refer
To the Broadway Bank and Trust COM
pany, with whom he has transacted much
business.
Los Angeles herald., 1905-09-03
MERCANTILE TRUST
AND SAVINGS BANK

The Mercantile Trust and Savings bank
Is one of the progressive and promising
ganized November ID, 1904, and, though
its career of business has been brief, the
excellent business capacity of the officers
and directors who manage it's affairs, is q
sufficiently strong assurance that 1t will
take it's place among the larger and more
responsible corporations in due time. In
its dual capacity as q trust and a
scribed capital of 5000 10000 and paid up
capital of 500. 100000 The officers who
have the immediate management OF the
business in both branches are: r. M.
Douglass, president; w. Jarvis Barlow,
NJ. D., vice president; H, T. Stewart,
vice president, and Charles Ewing, cashier.
ne directors are: j. A. Graves, w. Jar
Barlow NJ. D., l. B. Newton. Edward
uaRi nrg, f. M. Douglass, Roy Jones and
t2l, nardt. The bank occupies hand
ue rsnises at $40 South Broadway.
uor . Ma camille place. In its banking
1l4 ro-ui it effords equal accommoda-
Los Angeles herald., 1905-09-03
Grand total
CIearinus for 1905

The thirteen commercial banks COM
prising the Los Angeles clearing house
are: Farmers and Merchants, First Ma
tional, Los Angeles National Mer-
chants National, American National,
National Bank of California, State
Bank and Trust Co., Citizens National,
Broadway Bank and Trust Co., Central
mercial National and United States Ma
tional.
There are two strong trust institu-
tions in addition to the twenty COM
mercial banks. These organizations
are the Merchants Trust company and
the Los Angeles Trust company. both
doing a banking business in addition
to trust business. The latter includes
the administration of estates, execution
of wills, guardianship of the estate OF
minors. care of property, investment
Of money, collection of income, and the
execution of trusts Of every descrip-
ton. over and above this these two
companies keep current accounts and
geles Trust company has a paid-up
capital of 100000, and deposits amount
ing to $S95,OOO. The Merchants Trust
company, organized only in June, 1908,
has since erected a splendid new build
ing on Broadway and has a paid-up
capital of $25O,OOO, and deposits of equal
amount.
Savings Banks
The eleven savings banks of Los An
geles have heavy deposits and pay good
interest to patrons.
There has been marked increase in
all lines of banking business. There
is ample capital available for approved
Investments, and the future promises
still greater things in the business
world.
Los Angeles herald., 1905-09-03
THE PRoVIDENT MUTUAL
RUlLDlNG-LOAN ASSOCIATION

The Provident began business In
1896 with an authorized capital of
$2,OO0,000, which has since been in
creased to $5,000,000. Since its organ
ization it's growth and influence have
been remarkable. The men at its head
are strong financially, and through
their united efforts the Provident has
eraiity that extends all over the west.
The officers are: L. w. .Blinn, presi-
dent; L. ]. Christopher, vice president;
]. NJ, Hunter, secretary, and w. ]. Ste
vens, general field manager. The de-
pository of the concern is the Mer-
chants National bank. and the direc-
tors are Messrs. Blinn and Christopher,