|Fostoria, Ohio, November 21, 1957 Review-Times, Page
Andrew Emerine's Collection Of Toy Banks
One of Finest In Nation
Display May Be Seen On Mezzanine
Floor At First National Bank
On the mezzanine floor of the First
National Bank of Fostoria may be viewed one of the outstanding coin bank
collections of the country. This colorful array of museum items collected by
Andrew Emerine, is systematically arranged in large wall cases and
represents the survivors of many thousand of their kind, that were presented
to the youngsters of eighty years ago.
Most of the banks are of cast iron and from 1870 to 1900 were the
principal product of several eastern foundries, Stevens Foundry at Cromwell,
Conn. being the largest producer. They were sold from the general and
hardware stores at prices from $1.00 to $3.00 and given to the youth with
the thought of instilling thrift.
They were made in a wide variety of characters and subjects — biblical,
historical, comical, sports, Chinamen, Indians, Irishmen, elephants, frogs,
pelicans, Jonah and the Whale, Red Riding Hood, William Tell, Christopher
Columbus, Uncle Sam, John Bull, Teddy Roosevelt; about three hundred
different banks, each one performing its particular stunt on it’s acceptance
of a coin.
Most of these banks are of
American make, the greater number of them having been obtained from the
east, although there is scarcely a state that has not yielded a bank or two.
Five English banks, including a “John Bull,” came from England. Three from
the Canary Islands, several from Canada and the most prized one in the lot,
the Freedman bank, made in Bridgeport, Conn., was purchased from an antique
dealer in Mexico City.
Old mechanical banks are rated in several classifications as to their
value and desirability. Where there were but fifty made of one variety, the
present day survivors may be five banks, these being regarded as rare items
and find ready sale at $200 to $300. Where they may have been 3000 of a kind
produced, as was the case with the Eagle, these now sell for $25. The
Freedman and the Harlequin are two banks that command the highest prices.
Each has sold at a price in excess of $600. There are four Freedman banks
known to exist.
Many Of The Banks Are Classified Among Most Wanted By
Thirty years ago these old banks were plentiful, many homes had one
stored in the attic, they could be found in the antique shop and the village
general store, and could be had at a price double or treble the original
retail cost. There were but two other collectors in the country advertising
for banks and it was not a difficult matter to gather them in. As time
passed, more collectors entered the field and gradually the banks became
more scarce and the price advanced accordingly.
In addition to the banks in the museum, there may be seen a display of
Automatona. Musical dolls in action, acrobats, walking figures, boy with
pewter dish containing soap suds, into which he continually dips his pipe,
places it to his lips and blows bubble after bubble; U. S. Grant seated in
chair, smokes with satisfaction, turning his head and puffing out smoke
leisurely; women in action at churn; lady at wash-tub, in action on
washboard, and a singing bird in gilded cage.
There are also extremely rare sand toys, where by turning a toy upside
down the sand trickles down on a cardboard wheel, action is transmitted to
figures, resulting in banjo and violin players, dancer and dog all going
There is no claim made that this is the best collection in the country;
although it does compare favorably with five of the leading collections. The
Saturday Evening Post, under the title “The Sorcerer of Fostoria” devoted
two pages, with colored prints, to this collection, and it has been twice
featured on WSPD television, Toledo, Ohio.
Variety Of Characters And Subjects Portrayed In
Coin Operated Banks
The story referred to appeared in The Saturday Evening Post under date
of May 3d., 1947, accompanied by colored illustrations, and related to a
collection of old time mechanical coin banks and clever old mechanical toys
owned by Mr. Emerine. This assembly of interesting and rare objects is the
result of twenty five years of collecting what may be regarded today as one
of the outstanding displays of museum items of its kind.
THE FIRST NATIONAL BANK
Picture of Progress
75 YEARS OF BANKING SERVICE TO FOSTORIA AND AREA
Swinging Axes and horse drawn plows wrote the first chapter of Fostoria’s
THE FIRST NATIONAL BANK WAS HERE
Then came the mud streets, general stores, gas lights, hitching posts
THE FIRST NATIONAL WAS HERE
The courage and capitol of its citizens shaped the Future of Fostoria,
transformed their vision into reality, and, fed by ever increasing might of
business, industry, agriculture and education, Fostoria has grown to what it
is today. AND …
THE FIRST NATIONAL IS STILL HERE
We started in 1882, and since then have given our community 75 years of
continuous and uninterrupted banking services. In fact, we are now serving
the fourth and fifth generations of many families.
Fostoria and First National Bank have grown side by side for three
quarters of a century. What’s more, we have kept pace with the ever changing
times, and, today, as yesterday, we offer banking services that are sound
and dependable, modern and efficient.
The beginning has no ending. The promise of tomorrow is even greater
provided we produce the modern pioneers to challenge and conquer today’s
problems and our new frontiers.
From growth springs opportunity. These opportunities are unlimited if
we present a united front supported by tireless and unselfish effort on the
part of all of us in seeing to it that Fostoria forges ahead with the
continued mark of progress that is sure to come to those communities willing
to plan and work for it.
We are proud of Fostoria. We are also proud to have had a part in the
growth and progress of our locality. We are optimistic about the
possibilities that lie ahead; and deem it our responsibility to contribute
in every way we can to the continued growth and welfare of this great
community of ours.
The Human Side of a Bank Statement
MONEY AT WORK
At first glance our statement may appear to be only a cold,
mathematical record. Actually, however, each and every figure represents a
warm human story in the lives of hundreds of people THE FIRST NATIONAL
Take the figures representing * * * “SAVINGS AND TIME DEPOSITS —
$5,350,991.00.” This is money our customers have safely salted away against
a rainy day; and for future needs for themselves, their families and their
business. A splendid example of thrift and foresight.
“LOANS AND DISCOUNTS — $5,734,731.32.” Another of our many
important services. These are loans to individuals which enable families to
purchase and improve their homes, buy needed home appliances, automobiles,
farm machinery, etc., or to meet some financial emergency. Loans to business
and industry, both large and small; farm loans for purchase, operation, and
improvement of farms and farm homes, feeder loans, etc.
These loans are playing a big part in improving our community; creating
jobs and maintaining steady employment; and in general stabilizing our
“DEMAND DEPOSITS — $7,138,148.67.” These are checking accounts
by individuals, businesses and corporations for the safe, economic and
convenient handling of their active funds; paying bills by check, etc. “Over
90% of the business transactions in our country are paid by bank check.” And
so on we might continue through the various items.
A COLORFUL CHAPTER IN THE STORY OF MONEY AT WORK
IN OUR COMMUNITY.
It Exemplifies the adaptability of an outstanding public service
institution geared to serve the needs of both large and small.
“CAPITAL ACCOUNTS — $1,063,031.17.” The extra margin of safety
for depositors’ funds.
Plus the fact that 56% of our total deposits are in Cash and Government
Bonds (non-risk assets.)
This, plus our high grade investments, soundly made loans, and
experienced management, is the reason we continue to use the slogan, “Sound
policies and faithful performance for 75 years.”