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Statement of, Condition, Decem ber 31, 1931 The BOARD of DIRE CTORS. ARTHUR ANDERSEN Arthur. Andersen And Company SEWELL L. AVERY President, United States Gypsum Co. SCOTTBROWN Attorney NELSON L.. BUCK Vice Presîdent, Wm. Wrigley,_ Jr., ROBERT W. CAMPBELL Associate, Counsel, Kniapp, Beye, Allen, Cochran &,:Cushing WILLIAM A. DYCHE Chairman of Board WILLIAM -EASTMAN Vice President, Blakely Printing Company AUGUSTUS KNIGHT Bartlett, Knight & Company JAMES.F., OATES Hobart & Oates, Generta] Agents North- western MutuelLife Insurance Company C. Hl. POPPENHUSEN Poppenhusen, Johnston,ý Thompson & Cole F. J. SCHEIDENHELM Vice Chairinan of Board P~ILPR. SHUMWAY President, Paper Milis. Company I. RESOURCES Cas...................... ...... ............$ 'Currency, coin and reserves. with legal'depositories. U. S. GovermmeuitSecurities. ................ .......... Commercial Paper and, Other Ne-tes8.... ...... ........... Short-time. notes of firis and indIviduals iniimediately eXchangeable for, currency through, rediscount' at the Federal Reserve Bank.. Cali Loans and:Other Loans Against fneadily Marketabîle Coilatera................ 1........................ ,Secured Lv collateral of greater value than ýthe> bans'and payable uI)On cali or upon short notice. Other Marketable Bonds............... Municipal, Railroa(l aticl other iib ralde -ild eaqilv' salable securities. TOTAL FUNDS CONVERTIBLE INTO CASH ON SHORT NOTICE ............ ......... ............ Demand and Short Time Loanstto. Customri. ........$ Sectired boans and loans to ba nk'8 custorners about wvhose financial con(ition the banjk iq accuratel:y inforrned. Real Estate Nfr->rtgage'Loai2s..................... Rep)resenting mrortgage-s on lhighl grade iniproved. North Shore properties. Stock ini Federal Reserve Bank... .............. Giving the safety of rnenibership 'thereiin. Banik Building and LeasehoId ..................... ....... Represents ani extreniely con servative valuation of our building and leasehiold.. Customers' Liability Under Letters of Credit.,............ Thsasset is secured* by adequate collaterail and resposibtl guarantors. Other Assets ...................... .............. 2,431 ,970.96 1,002,018.1 ,2e5,000.00 2,!44,006.94 1,83 3,721.77 30,000.00 570,000.00 24,425.00 99,467.15 TOTAL RESOURCES.................1,N489 LESS LIABILITIES Deposits Deniaind............................. Tiie .................................. MEMBER., FEDERAL' RESERVE SYSTEM, 58 -Years f Service:t teNorh hore 4. t.