OCR Text |
Show National banks have been selected as depositaries for these funds, and it has been the aim to select a depositary convenient to each group of Indians, so that each Indian receiving a monthly check of $10, or checks of larger amounts, ,can go in person to the bank and have the check cashed, thereby bringing him into closer acquaintance with civ-ilized and modern methods of business. The agents and' superin-tendents in charge of agencies have been directed to cooperate in this cndeavor to educate the Indians in business matters. All the banks selected have been required to pay interest on deposits, and have agreed to pay interest at rates ranging from 2 per cent for average daily balances to 5 per cent for time deposits of six months and a year. The deposits at the end of the fiscal year, as reported from the several agencies, are as follows: Xoneys on depostz in banks Jme SO, 1905. Agency. 1 doreigwip~sl L 1 Bdalaenoa?oai 1 -- Nearly all the depositaries have furnished surety-company bonds to cover the deposits, but in some instances the reports from the agencies show that the deposits exceed the amount of bonds fur-nished. In such cases the agent or superintendent in charge has been directed to require the banks to furnish additional bonds. The fol-lowing table shows the banks that have furnished bonds, the names of the snr-ty companies, and the amounts of the bonds: CBntonmsnt Okls ....... cheyeonesdd Arapaho, 0x1s ................... crow creek, S. ~ a..k... ffnmde Ronde, Oreg .... Kioke,poo. Kam ......... Kiowa. Okh ............. Leeoh Lake, Minn ....... Nom~sPhZeer, c e m h o. ....... ~ b b..r.. ........ Ootnos,i doni lWs is ............. ................ Pawnee. Okh ............ Ponca.Okh .............. Potswstomi,Kam ....... Banks and szcreties. $8,467. W 25 384.08 1: ~ 1 . 8 160. W 17,837.W 10 687.M 2'214.19 1'7m.w 62'164.40 8'695.W n:ms.so 41 464.30 49'016.W 16:LIS.W Agency. Colville, Wmh ........ Cmw Creek, S. Dak.. Devils Lake. N.Dak.. QrsndeRonde,Oreg. Uiokspw. Kana ...... giows, Okla .......... NaPero6,Idab ..... $8,391.15 9-5 564.08 1 : ~ l . ~ lW.W 18 W.ZZ 8'@81.94 2 ' 1 ~1.9 im.10 44'0~2.40 6'587.51 al:in.66 38.1M.24 24 182.64 13:518.40 Prinnipd. The Old National Bank, SwBane, Wash. Western National Ba~lll, Mi t~h eUS~.D ak. First National Bank, Devils Lake S.D&k. Pint kationd Bank, New-be? Oreg ~imt%etiodal Bank, St. Jo. seph Mp. First I t s t o n 1 B k o shs, Ind T Fimt N~tian8.l Bank. LBWIP. ton,Id&ho. Rasebud S. Dak ........ %ukand~ox 0kla .... Santse ~ e b..d.... ..... ~ e g e rb,k lz ............. Seneca. Ind. T .......... Siletu Oreg ............. sissetbn. S.Dsk ......... Umh;tilla Ore whits ~&t%hiii ::::: Winnebs o. kebr ...... Yeiiima %ah .......... ~anlrto;, S. ~ a..k.... .. Total .............. Surety. Fidelitg sndDepsit Co.,BaIti-more Md. ~ederdU nion Snrety Co., In. disnapolie Ind. ..... do .... ..: ..................... U. S. Fidelity snd Qw~nty Co., BAltimore Md. U. 9. Fidelity &d ffv&ranty Co. Baltimore. Md. ~mekcican Surety Co., New York N. Y. ~id~li&tn$d DBpositCo.,Balti-more, Md. $ale0,@Zl.74 63 7~i.W 16'633.93 30:890.1~ 11 562.63 8'8e5.12 68:358.69 1 W . W d7~.sfi 44:W. 14 9 150.m m:.m.m 831,!316,44 Amonnt. $8,W 5.W 8),W 5,W 12,m 10,W 10,mG $14 687.94 50:978.18 4 6W.X ~ t 5 5 9 . 8 3 778.88 6 ' ~ . 2 4 49:2l3.36 1sfiU.00 m'8z.z~ 40:m.M 7,290.W --m , 7 ~ 6 . w 685,W0.97 |