The First National Bank of Chicago, Charter Number Eight: a Brief History of Its Progress From the Day On Which It Opened for Business, July 1, 1863, to the Same Date Half a Century Later, With Which is Incorporated a Sketch of the First Trust And Savings

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During 1893 Frank E. Brown was elected second assistant cashier. Owing to the large accumulation of old books, papers, and records, a special storehouse for them was erected about this time.
The statement of condition on December 19, 1894, showed: ASSETS Loans and discounts $17,884,431.00 United States bonds (par value) 778,636.00 Other bonds and stocks (market value) 1,605,378.00 Real estate, fttmiture, and fixtures 675,000.00 Cash resources: Checks for clearing house and cash on hand 14,725,2
...41, 00 $35,668,686.00 LIABILITIES Capital stock paid in $ 3,000,000.00 Surplus fund 3,000,000.00 Other undivided profits 316,135.00 Deposits 29,352,551.00 $35,668,686.00 Throughout 1895 the continued depression in all lines of business was severely felt. For a number of years the institu- tion had phenomenally prospered. Hence it was without any grave misgivings that the directors faced the existing financial crisis. Nevertheless they did not deceive themselves with any false views or rosy-hued dreams.

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