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to go out of business as banks, or were refused, by this department, authority to do business as such.

This report therefore deals with incorporated “state” banks and mutual savings banks only, and mention is made of private banks merely for the purpose of comparison and to show the changes effected.

The total number of banks which have reported on November 17th, 1903, is 347, namely, 345 state banks and 2 mutual savings banks.

There were in the aggregate 327 banks at the time of my last annual report, and the increase during the intervening period is twenty banks.

The following table shows the various changes:

Changed from Private to State Banks.

No.

Location.

Name of Bank.

Old New capital. capital.

3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 21 25 26 27 28 29 30 31 32 33 31 35 36 37 38 39

Abbotsford
Albany
Albany.
Alma
Alma Center
Almond
Argyle
Ashland
Auburn
Balsam Lake
Barneveld
Barron..
Belleville
Birnamwood
Blair...
Blanchardville
Bloomer
Bloomington
Boscobel..
Brandon
Brillion.
Butternut.
Cadott
Cambria
Cambridge.
Cambridge.
Cameron
Casco
Cashton
Cassville
Cedarburg
Centuria
Chetek
Clear Lake
Clintonville
Colfax.
Coloma
Columbus
Cuba City

Abbotsford Bank
Albany Exchange Bank
Bank of Albany.
The New Bank of Alma
The Alma Center Bank
Portage County Bank
The Bank of Argyle....
Security Savings Bank
Bank of Auburn
Polk County Bank
The Barneveld Bank
Normanna Savings Bank.
The Belleville Bank
Bank of Birnamwood.
The Home Bank.
Blanchardville Bank.
The Bank of Bloomer
Woodhouse & Bartley Bank..
Bank of A. J. Pipkin
F. R. Foster & Son Bank.
The Citizens Bank..
Ashland County Bank
Bank of Cadott
Bank of Cambria .
Bank of Cambridge.
International Bank.
Bank of Cameron
Bank of Casco ....
Bank of Cashton
The Cassville Pank.
Farmers & Merchants Bank
Bank of Centuria..
Bank of Chetek..
Bank of Clear Lake
The German Bank.
Bank of Colfax
Peoples Bank
Farmers & Merchants Union Bank
The Farmers Bank.

None $10,000

5,000 1,000 None 1.000 6,000 20,000 None

5,000 10,000

3,000 10,000 5,000 5,000 10,000

6,000 10.000 10,000 75,000 10,000 2,500 None 10,000 10,000 5,000 6,000 None 5,000 5,000 20,000 10,000 3,000 5,000 10,000 5,000 5.000 10,000 5, 750

$25,000

10,000 10,000 5,000 5,000 5,000 10,000 50,000 5,000 5,000 10,000

6,000 10,000

5,000 30,000 10,000

6.000 15,000 10.000 50,000 10,000 5,000 7.000 10.000 10.000 5,000 6,000 5,000 10,000

5,000 10,000 15, 000 5,000 6,000 25,000 10,000

5,000 25,000

7,500

1

Changed from private to State Bauks --Continued.

No.

Location.

Name of Bank.

Old

New capital. capital.

41 42 43

15 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63

64

65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 03 84 85 86 87 83 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 103 106 107 108

Cumberland Island City Bank.
Dallas..

Bank of Dallas
Delavan

E. Latimer & Co., Bankers.
Dodgeville. City Bank
Dodgeville. Strong's Bank
Downing

Bank of Downing.
Eagle

Bank of Eagle
Eagle River Bank of Eagle River..
Edgar...

The Bank of Edgar.
Eleva

Larson & Melby, Bankers.
Elroy

The Citizens Bank.
Evansville. The Grange Bank
Fennimore

The Fennimore Bank
Frederic

The Bank of Frederic
Gillett

Bank of Gillett.
Glenwood

First Bank of Glenwood
Glidden.

Glidden Exchange Bank.
Grand Rapids. Bank of Grand Rapids
Hammond. Bank of Hammond.
Hancock

Bank of Hancock.
Hartford

Denison, Liver & Coerper, Bankers.
Hartford

Hartford Exchange Bank..
Hartland

Bank of Hartland.
Highland

The Highland Bank
Hurley.

Iron Exchange Balık
Iola..

The Bank of Iola
Juda.

Juda Bank..
Kilbourn City. Stroud's Bank
Ladysmith

Bank of Ladysmith
La Farge

Bank of La Farge
Lake Nebagamon Bank of Lake Nebagamon..
La Valle

Bank of La Valle..
Linden

Bank of Linden
Livingston Livingston Bank
Lone Rock The Farmers Bank
Loyal.

Bank of Loyal.
Luck

Bank of Luck
Luxemburg Bank of Luxemburg
Maiden Rock, Bank of Maiden Rock
Manawa

Bank of Mana wa.
Marion

Bank of Marion
Mellen

Commercial Bank
Menomonie. A. Tainter & Son, Bankers.
Menomonie Schuette & Quilling, Bankers
Merrill

Lincoln County Bank
Merrillan

The American Exchange Bank.
Mineral Point Iowa County Bank.
Minocqua.

Bank of Minocqua..
Montello

Bank of Montello..
Montfort

Montfort State Bank
Mt. Horeb

Mt. Horeb Bank
Muscoda

McIntyre, Elston & Co., Bankers
Necedah

The Necedah Bank....
Nelsonville Bank of Nelsonville
New Glarus

Bank of New Glarus.
New Lisbon Farmers & Merchants Bank
New London. Bank of New London.
Oconto Falls Bank of Oconto Falls.
Oregon

Bank of Oregon
Osceola

Bank of Osceola
Osseo

Bank of Osseo
Park Falls

Bank of Park Falls
Park Falls

Park Falls Bank
Plainfield.

H. N. Drake, Banker
Poynette.

Bank of Poynette..
Prentice

Bank of Prentice.
Readstown

Readstown Bank
Rewey

Rewey Bank

$2,500

3,000 None

3,000 25,000 5,000 6,000 7,000 10,000

5,000 25,000 None None 4,500 10,000 5,000 1,000 23,000

2,500 10,000

3,000 20,000 3,000 5,000 None

2,000 -5, 100 25,000 2,000 3, 700 10,000 10,000 None 6,000 5,000 10,000 4,000 5,000 10,000 10,000 8,000 4,500 40,000 None None None 15,000 2,000 5.000 None 35,000

3,000 15,000

1,000 12,000

7,000 None

1,000 10,000 None 5,000 2,500 5,000 1,000 5,000 None

550 4,000

$5,000 5,000 30,000 10,000 35,000

5,000 10,000

6,000 15,000 10,000 25,000 10, 200 5,000 5,000 15,000 5,000 5,000 50,000

5,000 10,000 10, 500 20,000 10,000

5,000 10,000 15,000

6,000 20,000 25,000 5, 000 5,000 10,000 10,000 10,000 10,000 15, 440 5,000 5,000 10,000 25,000 25,000

8,000 30,000 30,000 50,000

5,000 25,000 5,000 7, COO 5, 100 35,000 10,000 23, 000

5,000 20,000 15, 000 10,000 25,000 10,000 15.000 15,000 10,000 5,000 5,000 6, 000 5,000 5,000 6,000

Changed from Private to State Banks-Continued.

No.

Location,

Name of Bank.

Old New capital. capital.

110 Rice Lake

Barron County Bank 111 Rice Lake

The Citizens Bank.. 112 Richland Center Richland County Bank. 113 Roberts.

Bank of Roberts.... 114 Scandinavia Bank of Scandinavia. 115 Seymour

Seymour Bank. 116 Sharon..

Bank of Sharon ... 117 Shiocton

Bank o Shiocton 118 Soldiers Grove. Bank of Soldiers Grove. 119 Spooner...

Bank of Spooner 120 Spring Valley. Bank of Spring Valley 121 Sun Prairie. Bank of Sun Prairie 122 Sun Prairie Farmers & Merchants Bank. 123 Superior.

The Superior Bank 121 Thorp....

Garrison Bros., Bankers. 125 Tomah

Warren's Bank 126 Tomahawk W. H. & J. W. Bradley Bank. 127 Union Grove Bank of Union Grove 128 Walworth.

Walworth Exchange Bank. 129 Warrens

Geo. Warren Co. Bank 130 Waterloo

Farmers & Merchants Bank 131 Wauzeka

The Bank of Wauzeka 132 West Salem

La Crosse County Bank. 133 West Salem West Salem Exchange Bank. 134 Wilton....

The Wilton Bank, 135 Winneconne

The Union Ban's of Winneconne 136 Withee..

Bank of Withee 137

Wittenberg Bank of Wittenberg

None $3,000 25,000 4,000 2,500 30,000 15,000 5,000 5,000 3,000 10.000 10,000 25,000 5,000

500 None None None 2,500 None 2,000 5,000 30,000 8,000 5,000 None 10,000 3,000

$10,000

10,000 25,000

5,000 10,000 30,000 25,000

5,000 10,000 10,000 25,000 25,000 25,000 10,000 25,000 25,000 50,000 10,000 15,000

6,000 27,000

5,000 30,000 16,000 10,000 10,000 10,000 25,000

New State Banks.

No.

Location.

Name of Bank.

Capital.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29

Amherst Junction
Bangor
Belleville..
Boyd
Browntown
Crandon
Fairwater
Green Bay
Hollandale
Kendall....
Lancaster
Lena
Lomira
Marinette.
Marshall.
Middleton
New Holstein..
North Freedom
Norwalk...
Omro
Oshkosh.
Osseo
Prairie du Chien
Prescott
Rosendale
Superior
Waterford
Waupun
Wausaukee

The Security Bank.
Bangor State Bank.
Citizens State Bank
State Bank of Boyd
The Farmers Bank of Browntown
Crandon State Bank
Fairwater State Bank
The Farmers Exchange Bank.
Hollandale State Bank
Kendall State Bank,
Union State Bank....
Farmers and Merchants Bank
Lomira State Bank
Farmers and Merchants Bank
The Bank of Marshall
Bank of Middleton..
State Bank of New Holstein.
Bank of North Freedom
Norwalk State Bank
The Citizens Bank of Omro.
State Bank of Oshkosh
Citizens State Bank.
Crawford County Bank
Bank of Prescott...
Rosendale State Bank
Union, Commercial and Savings Bank.
State Bank of Waterford..
The State Bank of Waupun
Wausaukee State Bank.

$8,500 15,000 10,000 25,000 15,550 25,000 25,000 30,000 5,000 5,000 50,000 10,000 15,000 50,000 10,000 25,000 25,000 10,000 25,000 25,000 75,000 10,000 50,000 10,000 30,000 50,000 10,000 25,000 25,000

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Two state banks have organized under the laws of the United States as national banks, since my last annual report. They

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Two state banks have paid their depositors in full and gone out of business, to-wit:

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Finally, two of the state banks are winding up their business for the purpose of consolidating with the new Union State Bank of Lancaster, under section 22, chapter 2 of the banking law. They are:

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Lancaster

Meyer-Showalter State Bank.

$25,000

During the year, the department was obliged to close two private banks and one state bank, to-wit:

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The causes of the closing and the present status of these banks will be discussed, under proper caption, in another part of this report, where also their present condition will be shown, as required by law.

The new law, requiring that not less than five reports each year should be called for from banks went into effect May 15th, 1903, previous to which date but one report was received, under the old law. In the remaining seven months, three additional reports were called for from banks, making a total of four reports for the current year. The aggregates of the various items of resources and liabilities on the several dates are shown in Table A, in which the item of "unpaid capital” has been omitted, because the law fixes February 1st, 1904, as the date when all banks must have their capital paid in in full, and the present is a period of transition, during which no just comparison of

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