The University of Virginia glimpses of its past and present /cPrepared by John S. Patton and Sallie J. Doswell. |
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90
John P. Branch, President.
John Kerr Branch, Vice-President.
John F. Glenn, Cashier.
Capital, $200,000
Surplus, $280,000
Undivided Profits, $62,000
UNITED STATES, CITY AND STATE
DEPOSITORY.
Merchants National Bank
No. 1754.
RICHMOND, VA.
COMPARATIVE STATEMENT FOR THE FOLLOWING YEARS:
| CLOSE OF BUSINESS ON |
Dec. 31, 1879 |
Dec. 31, 1884 |
Dec. 31, 1889 |
Dec. 31, 1894 |
Dec. 30, 1899 |
| Time and Demand Loans |
$346,862 73 | $655,401 83 | $743,704 72 | $1,118,703 50 | $1,176,070 00 |
| Real Estate, Fixtures, &c. |
2,072 96 | 55,668 24 | 60,000 00 | 79,500 00 | 75,780 42 |
| 5 % Redempt'n Fund | 9,000 00 | 9,000 00 | 2,700 00 | 8,220 00 | 6,165 00 |
| United States Bonds | 200,000 00 | 200,000 00 | 485,000 00 | 400,000 00 | 972,000 00 |
| Premium U. S. Bonds | 4,162 53 | 15,875 00 | 70,000 00 | 7,000 00 | 45,000 00 |
| Miscellaneous Bonds | 24,012 47 | 51,269 50 | 7,861 83 | 90,267 87 | 416,262 78 |
| Due from Banks and Bankers |
50,652 80 | 162,440 76 | 85,690 51 | 224,510 41 | 552,935 42 |
| Cash | 87,370 90 | 141,697 96 | 178,683 49 | 191,241 99 | 543,054 90 |
| $724,134 39 | $1,291,353 29 | $1,633,640 55 | $2,119,443 77 | $3,787,268 52 |
| CLOSE OF BUSINESS ON |
Dec. 31, 1879 |
Dec. 31, 1884 |
Dec. 31, 1889 |
Dec. 31, 1894 |
Dec. 30, 1899 |
| Capital Stock | $200,000 00 | $200,000 00 | $200,000 00 | $200,000 00 | $200,000 00 |
| Surplus and Undivided Profits |
17,247 81 | 90,198 39 | 130,509 06 | 228,275 07 | 342,647 83 |
| Circulation | 180,000 00 | 175,000 00 | 54,000 00 | 180,000 00 | 123,300 00 |
| Deposits | 326,886 58 | 826,154 90 | 1,249,131 49 | 1,511,168 70 | 3,121,320 69 |
| $724,134 39 | $1,291,353 29 | $1,633,640 55 | $2,119,443 77 | $3,787,268 52 |
Business Paper Discounted for Customers on favorable terms.
A specialty made of Collections in Virginia, West Virginia, Kentucky, Tennessee
and North Carolina
Daily and direct Communication with over three-fourths of the Banking Points
in Virginia. Being the largest depository for banks between Baltimore and New
Orleans, this Bank offers superior facilities for DIRECT AND QUICK COLLECTIONS.
Correspondence solicited. We would like to have your business.
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