The San Francisco Call and Post from San Francisco, California • Page 68

68 BANK'S RESOURCES SHOW INCREASE Wells Fargo Nevada Institution's Assets Are Mftv Millions of Dollars RECORD IS BROKEN The second year of the combination of two of the largest and most prosperous banks of San Francisco, embodied In the well-known organization called the "Wells Fargo Nevada JCational Bank, 6hows that the business, for the last year, despite calamities and fires. has increased a fall half million dollars, while the assets of the bank have jumped up ten millions. Directed by some of the strongest men In financial San Francisco, the Wells Fargo Nevada National Bank stood in the foremost rank of institutions that came to the city's aid In time need, and the Increase In the bank's business shows the people of San Francisco have appreciated the good work. The Wells Fargo Nevada National Bank comprised, before its consolidation, the institution founded by the Wells Fargo Express Company to handle its funds in exchange and by the Nevada National Bank. The Nevada National Bank was given life by the ablest financiers of old San Francisco.

Mackay, Flood, Fair, O'Brien and men of that stamp gave their energies to the Nevada Bank, while I. W. Hellman the former president of the Nevada, engineered the consolidation. Hellman is now the president of. the Wells Fargo Nevada National Bank, and has associated with him the strongest men.

financially in San Francisco. I. W. Hellman Jr. and F.

are the vice presidents, Frank B. King George Grant. William McGavin and the cashier. George Grant, William Mc- Gnviri and E. L.

Jacobs, assistant cashiers, and the directors are: I. W. Hellman E. 11. Harriman, Robert Watt, James L.

Flood, John F. Bigelow, I. W. Heilman C. de Guigne.

Clarence H. Mackay. Dudley Evans, William F. Herrin, William Haas. Herbert E.

Law, Leon Sloss, F. W. Van Sicklen, F. L. Lipnian.

The Wells Fargo Nevada National Bank has a paid up capital of and a surplus of 14,000.000. making resources of $10,000,000. The assr-ts reach the stupendous sum of and consist of loans and discounts, United States bonds and other bonds, customers' liabilities, bank premises and a Government redemption fund and money on hand, the last named amounting to J5.231.894. 69. Deposits with the bank reach the sum of over $30,000,000.

The foregoing figures are sworn to be correct by the bank officials in a statement on the condition of the bank at the close of business November 12, 1906. The bank is foremost among the Institutions of the country. Not only will its great resources aid in the recuperation of San Francisco, but through its doors passes a volume of foreign business that is excelled only by the metropolis of the East. President I. W.

Hellman Is known throughout the State as one of tfie ablest financiers of the country." His success in both the Nevada Bank and as president of the consolidated institution is clearly shown by prosperity evidenced by the last report, and together with the men who direct the bank's destinies gives weight and security to the institution. PLANNING HARBOR IMPROVEMENTS Committee Working on Report Be Submitted to Coming Legislature TO MEET AT -CAPITAiL The executive committee on California harbors of the California Promotion Committee has decided to call a meeting of the advisory committee at Sacramento Friday, January 11, for the purpose of taking up the work set forth the resolutions adopted "at meetiDg of the counties committee held in San Diego on December 15. At the San Diego meeting fifty-one of the fifty-seven counties of California were represented. executive committee, consisting of R. B.

Hale James Rolph Jr. and Douglas Watson, deems -it expedient to begin at once to carry out the instructions of the counties, committee. Other meetings will be held between now and the time of the Sacramento meeting, and plans will be formulated for presentation to discussed and acted upon the whole committee," which, represents of California. Each part, of the State will be called, to, present general ideas of its harbor needs, and these will be discussed and such as are considered expedient be embodied in the plan to be submitted to the Legislature. Owing to the wide scope of of the meeting at San Diego the committee Is assured -of.

thefco-operation of all parts of California in Its efforts toward the betterment of harbors. The executive committee, with the advisory committee, work a general way along the lines followed by the National Rivers and Harbors Congress, which held its annual Ing at Washington, Just prior to the convening of Congress. Following is the personnel of the advisory committee of the executive committee on California harbors of the California Promotion Committee: Marshall Dlggs, Sacramento, president Sacramento Valley Development Association; Edward Grove, San Diego, president San Diego Chamber of Commerce: E. A. Heron, -Oakland, director Oakland Chamber of Commerce; George W.

Tatterson, Stockton, director Stockton Chamber of Commerce; Thomas Magee, San Francisco, chairman San Francisco, harbor committee; J. Downey Harvey, San Francisco, chairman committee on harbors of the committee of forty on the reconstruction of San Francisco E. Calvin. San Francisco, general man-" ager Southern Pacific Comptny; William Hood, San Francisco, chief engineer Southern' Pacific Company; R.P. Schwerin, San Francisco, vice president and general manager Pacific Mail Steamship, Company; Captain A.

H. Payson, San Francisco, assistant to the president of the Atchison, Topeka and Santa Fe Railway Company; H. C. Phillips, Los Angeles, chief engineer of the Atchison, Topeka and Santa re Railway W. J.

Bartnett. San Francisco, vice 'president Western Pacific Railway Company; virgil Bogue, San. Francisco, onief engineer Western Pacific Railway Company; A. B. Spreckels, San Francisco, cnairman advisory committee of the California Promotion Committee; Edward Mahar, San Pedro: C.

P. Soule, Eureka, treasurer Humboldt Chamber of Commerce; Andrew Furuseth. San Francisco, Sailors' Union of the- George D. Gray, San Francisco, president, fa team Schooner Managers' Association; A. E.

Anderson, San Francisco, president Steamboat Owners' Association; W. C. SAN- CALL, SUNDAY, 23, 1906. Association George feW.n Sacramento Drainage Commission Williams, Santa president Santa: Barbara of 5 Commerce; Howard Sacramento," president -Anti-Debris "Association of fornia; Captain 1 H.vMargton; San Shipowners' Association of the Coast and the Chamber of Commerce of Fran- Cisco: Santa': secretary Santa? Maria -Chamber of E.Y San I V.r 1 LOWELL STUDENTS APFBAII "MERCHANT OFi.VBNICE" The" Lowell Readiner Club, an Lowell Mr. "i Cloud thel school faculty; -gave a I performance of "The 1c 1 Merchant of buildlrigrgbef j' attendance Jof pupils and achieving marked and concerneditherein; to praise.

were loud and school lyellSiwere of orchestral of Lowell school l'pupils i furnished? good music. All I the Derf orine'rs ln the are regular 'attendants at' LowelL Mervyn S. Neugass was Shylock. Barbara Jessica, Douglass Simpson Portla'Kand 2 Roy Collins Launcelot. The cast included Monroe) Rosenshine, Leslie Monroe Jacobs, Bethel 4 i Loretta Hazel H.

'Hlllef, Henry Morse, Sylvaln L. s7mon and Marian B. Reed. Catherine the prompter. 'VSS.

HETX 83TEXS Clira He jl bis filed 'complaint for from 'Jacob Uejl. aUejrtng craeltj. The complaint a I testimony brWnt 7 out in Schanein con tested wtuTmW. in which He jl was the principal STATEMENT cOMPARATIVE STATEMENT UNDER DATE OF NOVEMBER 12, 1906 SINCE APRIL 18, 1906 Loans and Di5c0unt5. 73 November 12th.

United States 2 per cent Bonds of 1930. .1,974,000.00 mSm qW Premiums on United States 80nd5. 30,000.00 Showing: VBanldrig and 5 799 602 1O ''-''a 'a IT 1 yy VI IcICXXI UXI 1 CXi. LCliol VC dI.H-1 i Uxl SCICv v-l Co I xicTjOoluo A A pnH II The Leadinjg Arrierican Fire Insurance Gompany Net 7,036,010.93 Losses paid in 87 year $102,847,801.66 Net losses paid in San Francisco conflagra- BOARDMAN SPENCER, General Agents THE AKQLO-GALIFORNIAN BANK, LIMITED This old: and well-known institution has become so thoroughly identified with the financial; and commercial development of San Fran- cisco during the past thirty-five years that its name is synonymous with prosperity and advancement." The been quick to recognize the changes in business districte brought about by the fire, and in order to meet the convenience of its cKents and the business public generally has estab- iished branches on Van Ness Avenue, near Geary. Street, and at No.

2049 Mission; Street, hear Sixteenth, the latter temporary pending completion its four-story class A building now in course of Erection on the northwest corner of Sixteenth and Mission Streetslv- The last pubUshed statement of the Bank's condition shows'as- follows: Loans Capita 1............ 1,500,000.00 Bonds and Stocks V. Surplus and Undivided Profits 1,272,634.23 Bank and' riu ia Real Estate Deposits 12,880,511.02 Cash and: Sight" Ex- 6,970925.46 $15,653,145.30 $15,653,145.30 519 MARKET SAN FRANCISCO Cable Address Germania" Capital Paid Up. W' A. PREI)ERICIC F.

Vice President" R. F. CRIST, J. President" FRED KRONENBERO DIRECTORS A. FREDERICK, F.

KRONENBERG, H. BRUNNER. F. A. KUHLS.

JOHN RAPP. WALTER M. R. F. CRIST, H.

FRED SUHR JR. C. SIEBE." FRED WOBRNER, O. A. HALE, PHILIP ZIMMER- iMANN.fE.

METER. JOSEPH SCHWEITZER. GENERAL BAICKING OF ITS BttAXCHES. PROMPT. AND CONSERVATIVE..