OCR Text |
Show HAKES SPLENDID SHOWING PHci Commercial mill Sat lugs llnuk On Firm Foundation. Klsowhere In this Issue of Tho Huu Is tho report or the Price Commercial and Havings bunk ut tho closo of business, busi-ness, June 9th. It shows thv bank to be not only In it s-tfo condition, but prosperous also. Its reserve, which consists of the amount duo from banks und cash In the Vuult, Is tt,6CB.ft. which Is mure thun li psr cent of ull Its deposits, whereas the luw requires that u bank shall kep but IS per cent or Its commercial deposits and 10 iter cunt or Its savings und time deposits. Kuril six mouths hus seen un additional addi-tional amount udded to the surplus nnd undivided profits until that Item now amounts to I25.9t0.26. This, together to-gether with the cupltal uf 160,000.00 and the personal liability of tho stockholders or 150,000.00, Is tho guarantee guar-antee to depositors thut their money will bo ready for them when they call for It. Us louns or $'.'34,147.3(1 hue been curerully placed and ure well secured. se-cured. Tho courteous trcutment tho employes em-ployes extend lo customers of the In-rtltutlou In-rtltutlou and Its conservative manui;-ment manui;-ment by Its officers hus resulted In tho good showing thut tho report tnakeu. |