The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1866-04-26

UUgauno0 A1D DUgauuoD uoUes
Our Banks and Bankss shall paas in re-
view before rs this incoming. And in this de-
partment of business our city i very sabstan-
TALLY endowed. Money int I'll q wealth,
bat it i avery desirable representative Of it,
and he healthy condition Of the hanks Of
Keokuk, their deposits aAd exchange, are
indicative Of much prosperity in the comma
nifty.
The only banking house spon the North
side Of Main strest h IT, Fnsr NAffoHAL
BANK, between Third aad Fourth strssts, or
ganixed September Ia 1858. Il eomnenced
business With capital paid in Of $4,000,
which was subsequently, increased 70 $l0O, 90
At its organisation Nh. McGAvIC vas Presi-
dent and II. f. LOVE-, Cashier. Nh.
McGAvfc died in May, 1864, and Nh. LOVE
succeeded him IS President with Mn. K. b.
FoorE, - Cashier. Ma. LOVE had, previ-
ously to its metamorphosis into its present
shape, been the head of the house Of H. K.
LOVE l. Co., which commenced business in
July, 1855, and was eminently successful.
The amount of deposits when the FrRsr Ma
rIoSAL entered upon its banking life was
about 100000. The business Of the house
has SO increased that at the commencement
of the present quarter the exhibits shoF we'd
something over S250.0OO deposits. Had the
charter been procured in the order of sppli-
cation, this would have been one Of the FIRST
National banks of the country as it is, it has
not great number Of seniors. The business
of the FIRST NATIONAL has been steadily
growing, and it has attained high degree of
The officers are experienced,
reliable and sagacious business men, and an-
der their administration the advancing tide
of its fortunes will not be checked nor its
good reputation and credit suffer tarnish.
Nearly opposite this, on the south side of
Main is the well known house Of GEO. c. An
DERsoS d Co. Established in 1886, il is now
the oldest, and it has always been one of the
most substantial banking houses in the State.
Captain ANDERSON, commencing his opera
tons on substantial basis, SO many years
ago, has gone steadily forward in his business,
and during all that time, during the financial
crises that have swept away 80 many fortunes
and undermined SO many, even well estah-
lished houses. he has never faltered, never
failed in meeting the acquisitions of his bust
ness. He need want no higher praise, the
public need want no greater evidence of his
reliability, integrity, prudence and sagacity
&c honE arg than tho horo utoton,anf nf this
fact. In 1868 Capt. ANDERSON associated
with himself in business, Mr.. ALEXANDER
BARCLAY, whom he had had in his employ for
several years, since the early boyhood of Mr..
BARCLAY, whose faithfulness, honesty, indus
try, careful attention to business, and fine
business qualities were thus handsomely and
6tly rewarded. The firm has since continued
as at present. The business of the house II
in a most prosperous condition. Its capital
ample and well invested, its amount on de-
post large and showing the well grounded
confidence Of business men in the substan.
TALLY of Gro. c. ANDERSON Co., the vig-
orous senior Of all other Iowa banking
firms.
On the corner Of Main and Third streets is
the STATE NATIONAL BANK, organized July
10, 1865, and commencing business under its
present Organization on the first Of August,
1865, with a capital, paid in, Of $50, 900.
Prior to its metamorphosis it was well aud
popularity known as the keokuk Branch of
the State Bank of Iowa 1t is differed as
follows: JAMES F. Cox, President Gro. b.
SNYrH, Vice President; o. c. HALE, Cash
Ter. Thus organized, with its large capital,
its past history under different style and
system, but with similar administration,
the STATE NATIONAL has had the success and
prosperity that was inevitable. 1t has steadily
grown and prospered, and its merit and the
popular favor in which it is held give promise
of constantly growing prosperity in the
future.
Our substantial and excellent friends, WV.
THOMPSON l. Co., corner of Main and Second
street, close the list. Col. THOMPSON com.
menced the banking business here in Noyem
Der, 1856. In 1853 o change was made, and
the firm became as at present. This house is
doing good business, has substantial CAPT
tai, is well managed, is thoroughly safe and
reliable, prompt in its transactions, and pos
sessing good patronage and much OF public
good will, has merits to entitle it, and secure
for it much la rger business in the future.